Honestly I like Bernie; Students should study for free

[Slade3200]

Who is indoctrinating them?

When’s the last time you or someone you know was a college student?
The commies are teaching “White Man BADD!!”.

In which classes?

In every humanities class in the CUNY system.

Humanities? How many college kids are taking that class? I did engineering so maybe I was on the wrong side of campus

Requirements in CUNY; even for engineers, finance, medicine, etc...

What’s a CUNY?

 

[Oddball]

What’s a CUNY?

Search engines are your friend.

 

[Slade3200]

What’s a CUNY?

Search engines are your friend.

So one school is driving his narrative? Doesn’t make for a very strong point

 

[Oddball]

What’s a CUNY?

Search engines are your friend.

So one school is driving his narrative? Doesn’t make for a very strong point

Immaterial...You have the greatest question answering device ever invented at your fingertips and you ask "What's a CUNY?"?

smh

 

[skye]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

Sure lol

and people should have food for free and housing for free and all what your little mind thinks of and desires of...for free!

lol

go back to old Bolshevik Russia...

wow....some of these people here are totally sick in their minds.....oh well

 

[Jackson]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

Peach, when you grow up, you will be saddled with a job, managing your income and protecting you family with health insurance. The years of 18-22 are the years where you get the taste of responsibility. While you go home to mommy and daddy, those who learned to manage money while doing their job will be with winners.

 

[Rambunctious]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

If it doesn't cost anything...how good could it be?...do you want a free computer with the old comp u serve program for free or will you shell out for a new Imac?....

 

[Toddsterpatriot]

Sanders thinks it will raise $240 Billion a year which would fund his program.

Our top 15 financial service companies had combined Net Income of about $165 billion for FY2018.
I'm sure a tax that raised $240 billion would have absolutely no impact on securities trading or employment.

I guess we could look at other successful examples of this type of tax from around the world......
oh, right, there aren't any. Every time it was tried it killed trading and raised next to no new revenue and was quickly repealed.

I think you are mistaken with these numbers... Sanders plan is addressing public college tuition. Total revenue for public universities was $391 billion... 20% of which was tuition making the tuition revenue $78.2 billion a year. ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs. The remaining he wants to use to relieve student debt and invest in equity gaps and minority communities.

The Condition of Education - Postsecondary Education - Finances and Resources - Postsecondary Institution Revenues - Indicator May (2019)

Free College, Cancel Debt

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made

Correct. And when you see how big the supposed receipts would be, dwarfing the profits of the financial firms, you realize that rather than just swallowing the expense, investors would stop trading or move trading offshore.
The job losses and reduction in market activity would result in little to no net revenue.​

I don’t know about that... the costs would be passed along to the investors so it wouldn’t dwarf profits... it will be a hit though... that’s the point, get the bulk of the money from those profiting millions and billions off the market to make our schools better.

the costs would be passed along to the investors so it wouldn’t dwarf profits.

A huge percentage of those trades wouldn't happen with a 0.5% tax added.

it will be a hit though...

Only if your definition of a hit is, "causes massive jobs losses and raises very little revenue"

get the bulk of the money from those profiting millions and billions off the market

Those people are the ones who will avoid paying an extra $200 billion+ in a voluntary tax.

 

[Slade3200]

I think you are mistaken with these numbers... Sanders plan is addressing public college tuition. Total revenue for public universities was $391 billion... 20% of which was tuition making the tuition revenue $78.2 billion a year. ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs. The remaining he wants to use to relieve student debt and invest in equity gaps and minority communities.

The Condition of Education - Postsecondary Education - Finances and Resources - Postsecondary Institution Revenues - Indicator May (2019)

Free College, Cancel Debt

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made

Correct. And when you see how big the supposed receipts would be, dwarfing the profits of the financial firms, you realize that rather than just swallowing the expense, investors would stop trading or move trading offshore.
The job losses and reduction in market activity would result in little to no net revenue.​

I don’t know about that... the costs would be passed along to the investors so it wouldn’t dwarf profits... it will be a hit though... that’s the point, get the bulk of the money from those profiting millions and billions off the market to make our schools better.

the costs would be passed along to the investors so it wouldn’t dwarf profits.

A huge percentage of those trades wouldn't happen with a 0.5% tax added.

it will be a hit though...

Only if your definition of a hit is, "causes massive jobs losses and raises very little revenue"

get the bulk of the money from those profiting millions and billions off the market

Those people are the ones who will avoid paying an extra $200 billion+ in a voluntary tax.

perhaps... or perhaps the millions and billions they will continue to make will keep them in the game.

 

[Toddsterpatriot]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

Sure lol

and people should have food for free and housing for free and all what your little mind thinks of and desires of...for free!

lol

go back to old Bolshevik Russia...

wow....some of these people here are totally sick in their minds.....oh well

I'd like a free 2020 Mustang...…….

 

[Slade3200]

I think you are mistaken with these numbers... Sanders plan is addressing public college tuition. Total revenue for public universities was $391 billion... 20% of which was tuition making the tuition revenue $78.2 billion a year. ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs. The remaining he wants to use to relieve student debt and invest in equity gaps and minority communities.

The Condition of Education - Postsecondary Education - Finances and Resources - Postsecondary Institution Revenues - Indicator May (2019)

Free College, Cancel Debt

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made

Correct. And when you see how big the supposed receipts would be, dwarfing the profits of the financial firms, you realize that rather than just swallowing the expense, investors would stop trading or move trading offshore.
The job losses and reduction in market activity would result in little to no net revenue.​

I don’t know about that... the costs would be passed along to the investors so it wouldn’t dwarf profits... it will be a hit though... that’s the point, get the bulk of the money from those profiting millions and billions off the market to make our schools better.

the costs would be passed along to the investors so it wouldn’t dwarf profits.

A huge percentage of those trades wouldn't happen with a 0.5% tax added.

it will be a hit though...

Only if your definition of a hit is, "causes massive jobs losses and raises very little revenue"

get the bulk of the money from those profiting millions and billions off the market

Those people are the ones who will avoid paying an extra $200 billion+ in a voluntary tax.

You do realize that a .5% tax on $1,000,000 comes to $5K right? Is that sounding like a game changer to you?

 

[Toddsterpatriot]

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made

Correct. And when you see how big the supposed receipts would be, dwarfing the profits of the financial firms, you realize that rather than just swallowing the expense, investors would stop trading or move trading offshore.
The job losses and reduction in market activity would result in little to no net revenue.​

I don’t know about that... the costs would be passed along to the investors so it wouldn’t dwarf profits... it will be a hit though... that’s the point, get the bulk of the money from those profiting millions and billions off the market to make our schools better.

the costs would be passed along to the investors so it wouldn’t dwarf profits.

A huge percentage of those trades wouldn't happen with a 0.5% tax added.

it will be a hit though...

Only if your definition of a hit is, "causes massive jobs losses and raises very little revenue"

get the bulk of the money from those profiting millions and billions off the market

Those people are the ones who will avoid paying an extra $200 billion+ in a voluntary tax.

perhaps... or perhaps the millions and billions they will continue to make will keep them in the game.

or perhaps the millions and billions they will continue to make will keep them in the game.

The millions or billions is dwarfed, in many cases, by a 0.5% transaction tax.

Perhaps they'll create a corporation that makes similar trades on the LSE?

 

[Toddsterpatriot]

ASSUMING Bernie raises 240 Billion a year from the Wall Street tax, he would have plenty to cover the tuition costs.

A tax 50% larger than the TOTAL PROFITS of the 15 largest US financial service companies, combined, would crush trading and all employment related to trading.

Tax revenues would fall. There would be no new revenues to pay for his giveaways.

My bad I misread your first post, you are talking about the financial institutions not the ability for the tax to pay for the tuition costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made so investors would eat the majority of the costs.

The tax isn't on the PROFITS of the financial institutions it would be on the transactions made

Correct. And when you see how big the supposed receipts would be, dwarfing the profits of the financial firms, you realize that rather than just swallowing the expense, investors would stop trading or move trading offshore.
The job losses and reduction in market activity would result in little to no net revenue.​

I don’t know about that... the costs would be passed along to the investors so it wouldn’t dwarf profits... it will be a hit though... that’s the point, get the bulk of the money from those profiting millions and billions off the market to make our schools better.

the costs would be passed along to the investors so it wouldn’t dwarf profits.

A huge percentage of those trades wouldn't happen with a 0.5% tax added.

it will be a hit though...

Only if your definition of a hit is, "causes massive jobs losses and raises very little revenue"

get the bulk of the money from those profiting millions and billions off the market

Those people are the ones who will avoid paying an extra $200 billion+ in a voluntary tax.

You do realize that a .5% tax on $1,000,000 comes to $5K right? Is that sounding like a game changer to you?

You do realize that a .5% tax on $1,000,000 comes to $5K right? Is that sounding like a game changer to you?

If I trade $1,000,000 of stock a day, and do well, maybe I make $200-$250K a year, after expenses.
Some people trade that much and are lucky to break even.

Now you've added $1.25 million in taxes.
How much stock am I going to trade now?

 

[Rando Caucasian]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

I agree, the whole university system should be crushed. It is an outdated medieval system along the lines of "leaching". Let's smash it. I think people who know how to do a job can be measured by vastly more efficient measures than "university" standards $$$.

Universities are archaic, let's remove their ability to make money from simply usurious/nepotism exclusion of talented people from having careers. One day all university campus land holdings will be converted to parks while people simply look up what they need to know on their phone (oh wait, we can easily do that now).

 

[Peach45]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

I agree, the whole university system should be crushed. It is an outdated medieval system along the lines of "leaching". Let's smash it. I think people who know how to do a job can be measured by vastly more efficient measures than "university" standards $$$.

Universities are archaic, let's remove their ability to make money from simply usurious/nepotism exclusion of talented people from having careers. One day all university campus land holdings will be converted to parks while people simply look up what they need to know on their phone (oh wait, we can easily do that now).

I disagree. College campus experience is valuable. You learn diversity values and how to see what the real world looks like rather than just your hometown.

 

[bigrebnc1775]

I think Im voting for Bernie. Students shouldn’t have to worry about debt and loans while studying to fix our broken society. These loans are immoral and need to be forgiven.

Also anyone working full time deserves a comfortable $15/hour wage and free medical care.

Thats all

I agree, the whole university system should be crushed. It is an outdated medieval system along the lines of "leaching". Let's smash it. I think people who know how to do a job can be measured by vastly more efficient measures than "university" standards $$$.

Universities are archaic, let's remove their ability to make money from simply usurious/nepotism exclusion of talented people from having careers. One day all university campus land holdings will be converted to parks while people simply look up what they need to know on their phone (oh wait, we can easily do that now).

I disagree. College campus experience is valuable. You learn diversity values and how to see what the real world looks like rather than just your hometown.

get a job with trade skills if you want real-life experience with diversity values

 

[JWBooth]

“I don’t want to pay off your student loan because I would rather take the money and light it on fire. Since it’s my money, I’ll do what I want with it. And since it’s your degree you fucking pay for it.” ~ Kurt Schlichter

 

[Indeependent]

When’s the last time you or someone you know was a college student?
The commies are teaching “White Man BADD!!”.

In which classes?

In every humanities class in the CUNY system.

Humanities? How many college kids are taking that class? I did engineering so maybe I was on the wrong side of campus

Requirements in CUNY; even for engineers, finance, medicine, etc...

What’s a CUNY?

City University of New York

 

[LordBrownTrout]

“I don’t want to pay off your student loan because I would rather take the money and light it on fire. Since it’s my money, I’ll do what I want with it. And since it’s your degree you fucking pay for it.” ~ Kurt Schlichter

Exactly.

 

[Oldstyle]

Yes I would. Randomness is just cruel.

Lets say we have 10 dice.
Capitalism: Random rolls, some 6, some 1, who knows
Democratic Socialism: We patiently place each dice down on a 4 or 5. Everyone does well.

How is that bad?

It's bad because it doesn't take human nature into effect! What you're proposing isn't that "everyone does well" it's that everyone does mediocre!

So let me ask you this? Do you think that everyone you go to free college with deserves a C as a grade no matter what quality of work they accomplish? How do you think that would work out in the long run? How long do you think it would take before the "achievers" get tired of getting the same reward as the "slackers" and rebel? What do you think would happen to the level of achievement and learning at YOUR new institution of higher education?