Caller confronts Elizabeth Warren over student loan forgiveness, arguing that $10,000 to $20,000 in aid funded by tax dollars or printed money will cause inflation. He asserts the government created the crisis via guaranteed loans and rising prices, now attempting fixes like the Inflation Act to buy votes and indoctrinate students with Marxist ideologies in far-left universities. Dismissing Biden's claims about rent relief as false, he notes existing forbearance programs and high interest rates make borrowing dangerous. Ultimately, the caller accuses Democrats of worsening the economy while blaming Republicans as white supremacists, concluding the entire system is rigged against hardworking individuals. [Automatically generated summary]
Transcriber: nvidia/parakeet-tdt-0.6b-v2, sat-12l-sm, and large-v3-turbo
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Paying For Those Who Didn't Save00:05:54
I just want to ask one question.
My daughter's getting out of school.
I saved all my money.
She doesn't need to be.
I'm not going to get my money back.
Of course not.
So you're going to pay for people who didn't save any money.
And those of us that did the right thing get screwed.
No, it's not everybody got screwed.
Of course we don't.
My buddy had fun, bought a car, went on vacations.
I saved my money.
He made more than I did.
I worked a double shift.
So you're laughing.
Yeah, that's exactly what you're doing.
We did the right thing and we get screwed.
I appreciate that.
Yeah, she was laughing right in your face.
You know why we even have this problem right now?
Because of the government.
Because of the government.
Years ago, the government came in and said everybody should be able to go to college.
Everybody, black, black people, they po.
They can't go to school.
Let's guarantee everybody's loans when they go to college.
And what did the university and colleges do?
Jack the prices up.
Politicians and the government created this problem.
Yeah, now they're coming in swooping in like Superman, like, oh, look, we're going to fix this.
Yeah, but they created the problem.
Now they're going to supposedly fix the problem.
But everybody's getting screwed.
Yeah, not only you, sir.
I'm getting screwed.
Everybody's getting screwed.
Even the people that's receiving $10,000 to $20,000 to help pay off their student loan debt, they're going to get screwed.
Yeah, because their tax dollars is going to go towards this as well.
And you know what?
This leads to more inflation.
Yeah.
This is inflationary.
Because the government don't have this $10,000 to $20,000 they're going to supposedly pay people to help lower their student loan debt.
I mean, that's money that's going to, they're going to print this stuff.
Yeah, they're going to print this money.
Hey, just here, here's $10,000.
We just printed this shit.
It's French off the press.
Yeah, the Democrats are trying to buy votes because here on the right, we understand that they're not buying people's, they're not going to buy our votes because we understand how the system works.
Their constituents, they have no idea how the system works.
Oh, look what the Democrats are doing for us.
They're going to give me $10,000.
Oh, they're going to give my friend $20,000 because they got payoff grants along their student loans.
Oh, man, Democrats are so wonderful.
They're helping the little man.
Oh, man, this is great.
But no, they're not helping you because that's not free.
All this money that the government is forking out is funded through tax dollars.
It's your tax dollars.
Your tax dollars are going to go up as well.
We all are getting screwed.
And when it's not tax dollars, they're printing it, which leads to inflation.
Yeah.
Yeah, they created all of this.
They created the problem.
Now they're trying to say they're going to fix the problem, but they ain't going to fix the problem.
They're going to make the problem worse.
And then when they want to give more money, they want to do more money.
And who they're going to blame?
Oh, the Republicans.
They're evil.
They're white supremacists.
They don't want black people to go to school.
Hey, dude, you got a video of Biden?
Yeah, Biden came out and made a speech about it.
All of this is verifiably false.
Yeah, he realized.
He has no idea how economics work.
I think he no idea.
He knows.
He knows his voters don't know.
Oh, that's right.
He's playing to his audience.
Yeah, he's acting like he don't know.
He's just watch the video.
You hear that?
All this means people can start to finally crawl out from under that mountain of debt to get on top of their rent and their utilities to finally think about buying a home or starting a family or starting a business.
And by the way, when this happens, the whole economy is better off.
The whole economy is better off.
I was making that, I was making the economy better off through inflation.
Let's go over what he said.
He said, this mountain of debt, this $10,000, now people can pay their rent and their utilities.
You couldn't pay off $10,000, but you can go out and buy a house and start a business.
Hey, look, all of that, what he said is a verifiable lot.
As far as people that's got a lot of student loan debt, talking about they can't pay their utilities and their rent.
There's a thing called a forbearance.
And I think since COVID has been going on, you haven't had to make payments on your college loans.
So these people out here that can't pay their rent and their utilities because of student loans, that's a total lie.
Yeah.
Like when I had problems paying back my student loans, hey, man, I lost my job.
Hey, my wife lost her job.
I can't make no payment this month.
They'll give me a forbearance for like six, nine months.
Yeah.
You know what I'm saying?
I mean, there's ways around student loan debt.
You know, you could have, you could start, you can finally start you a business or even buy a home.
Right now it's the worst time to buy a home.
Interest rates are going up and the damn housing prices have not come down based on those interest rates going up.
Right now it's the worst time to buy a house.
Absolute worst.
Biden and the Democrats.
Inflation.
Yeah, the houses have went up because the interest rates were so low.
Now they're jacking up the interest rates, but the housing prices haven't come down.
You buy a house right now at these high interest rates, you can be upside down in that damn house.
As soon as you walk in through the front door, like buying a brand new car, you're going to be upside down in a house.
Hey, was this part of that Inflation Act?
I don't know.
This is something new.
Didn't you just sign the Inflation Act?
Now you just print money and then we sent some more money to Ukraine.
Now you're trying, you know how much money it is, $10,000 to $20,000 per person that earns under $100,000 to $250,000.
Do you know how much money that is?
Yeah, how many people is going to get $10,000 in loan forgiveness who went to school, just dropped down, got F's, and just said, this was not for me.
You're just going to pay this shit off.
We're paying our student loans.
Not only are we getting screwed, but the people that's getting this money, oh, you're getting screwed the worst.
Yeah.
Because, man.
Free College As Brainwashing00:00:34
But I think this is a part of a bigger picture for Democrats.
They want to make college and university free.
Yeah, so they can brainwash you.
Yeah.
So y'all know these university schools is far left.
I mean, they're not just left, they're far left.
These are indoctrination camps for Marxist ideologies.
That's why they want to pay for everybody's school so they can brainwash everybody so they'll go and vote for them.
Yeah, they're not fixing the problem.
They've created the problem and they're going to make the problem worse.
Yeah.
But you think they're doing something for you and you're going to vote for them because you're an idiot.