n2doc

n2doc's Journal

February 11, 2018

Parade for the exits!

February 10, 2018

Weekend Meme and Toon Roundup

Trump

Abuse

Bad

CONgress

Pence

Poland

Injustice

VD

February 10, 2018

Repubs Announce Plan To Pretend To Be Fiscally Conservative Again The Moment A Democrat Takes Office

WASHINGTON, D.C.—During a budgetary discussion Friday, Republican lawmakers announced a plan to pretend to be fiscally conservative again if a Democrat takes office again in 2020 or 2024.

The GOP said it would begin to decry deficit spending and the $20 trillion debt in order to win votes as soon as political power swung back to the opposing party.

“The second a Democrat is back in the White House, we will once again start yelling about fiscal responsibility,” Speaker Paul Ryan said in an address to the House of Representatives Friday. “For now, we will continue to vote for unsustainable and irresponsible budgets that your children’s children’s children will pay for for centuries to come.”

more
https://babylonbee.com/news/republicans-announce-plan-pretend-fiscally-conservative-moment-democrat-takes-office/

Satire, but the truth.

February 9, 2018

One company will now handle close to half of all student-loan payments

Every month, approximately 40 million Americans make payments to a company they know almost nothing about.

There are just four major firms contracted by the federal government to process the nation’s student loan checks and after the just-announced merger of two of these firms — Nelnet NNI, -3.46% and Great Lakes — one company will handle more than 40% of all payments.

While it might not seem to matter who processes the payments, these companies have an outsize role in the shape of America’s $1.4 trillion student-loan burden. Though the rising cost of college and stagnant wages are the most cited reasons for our nation’s student debt problems, borrower advocates, law enforcement officials and the Consumer Financial Protection Bureau have said the student loan industry itself is also to blame. These processors can often make the difference for struggling borrowers between successfully paying down a debt or the nuclear option of default.

In an ideal world, no federal student loan borrower would default on his or her debt thanks to the myriad of programs available through the government, but in reality, roughly 1 million defaulted last year — a sign, advocates say, that student loan servicers aren’t doing enough to work in borrowers’ best interests.

more
https://www.marketwatch.com/story/one-company-will-now-handle-close-to-half-of-all-student-loan-payments-2018-02-09

Nothing could possibly go wrong...