‘Teacher’ Randi Weingarten’s ignorant, anti-democratic rant

Randi Weingarten — the nation’s top teacher, in a sense — seems ignorant of what any child could learn about government from “Schoolhouse Rock.”

The American Federation of Teachers boss made that painfully clear (and we mean painfully) Tuesday by launching into an unhinged tirade in front of the Supreme Court, as justices were hearing challenges to President Joe Biden’s college-loan-forgiveness plan.

“This is what really pisses me off,” she fumed, literally screaming and jumping. During the pandemic, “small businesses were hurting, and we helped them. . . . Big businesses were hurting, and we helped them. And it didn’t go to the Supreme Court.” Yet, “all of a sudden, when it’s about our students . . . the corporations challenge it, the student-loan lenders challenge it.”

Hello? Yes, federal aid helped businesses during the pandemic but only after Congress passed COVID rescue packages to keep the economy afloat. Neither President Donald Trump nor President Biden unilaterally ordered handouts to anyone.


The Supreme Court was hearing challenges to President Biden’s student loan forgiveness plan.
REUTERS

Yet Weingarten (a lawyer as well as an educator!) claims it’s now fine for Biden to forgive hundreds of billions in debt from student loans without lawmakers’ say-so. And that it’s “not fair” for anyone to even challenge that in court.

If only she’d watched those “Schoolhouse Rock” shorts, explaining the separation of powers: Congress passes laws and holds Uncle Sam’s “purse strings.” If student loans are wiped out, that counts as a hit on the US Treasury, even if funds covering those balances (as much as $1 trillion) get rolled into the national debt, as they would.

The president is supposed to execute laws Congress passes; he can’t simply shower mountains of taxpayer dollars on whatever causes he chooses. And if he tries, Americans have every right to ask the courts to stop him.

Yet Biden didn’t even try for lawmakers’ OK on his debt-relief plan; he simply decided to bypass Congress altogether. That’s a thumb in the eye not just to the system but to lawmakers — and the voters who elected them.

Even Team Biden itself admitted he couldn’t act without Congress — until it suddenly changed its mind last year, claiming the power under a beyond-dubious reading of the post-9/11 HEROES Act, which offered relief to soldiers heading to war.

Look: A one-time erasure of student debt never made sense. It cheats those who never had such loans or had them but paid them off. And it benefits only a small group of Americans who, in many cases, won’t truly need the aid. And average taxpayers foot the bill.

But what’s really scary is that the national teachers-union head is so ignorant (or pretends to be) about how our democracy works. No wonder America’s schools are in such sorry shape.

Check out our Latest News and Follow us at Facebook

Original Source

Trump calls for McConnell to face primary challenge over $1.7 T spending bill

Former President Donald Trump called Monday for Senate Minority Leader Mitch McConnell (R-Ky.) and other GOP senators who voted with him to pass the $1.7 trillion spending bill last month to face primary challengers.

The 76-year-old Trump, writing on his Truth Social platform, first hailed Rep. Kevin McCarthy becoming House speaker and then blasted McConnell and the other GOP senators for caving on the spending bill before Republicans could take control of the House on Jan. 3.

“We must now stop Mitch McConnell,” Trump said before once again referring to his wife, Elaine Chao, with a racial slur.

“It’s as though he just doesn’t care anymore, he pushes through anything the Democrats want. The $1.7 TRILLION quickly approved Bill of the week before was HORRIBLE. Zero for USA Border Security,” the former president said.

Former President Donald Trump is calling for Senate Minority Leader Mitch McConnell to face
a primary challenge after voting for the $1.7 trillion spending package last month.
AFP via Getty Images

“If he waited just ten days, the now ‘United Republican Congress’ could have made it MUCH BETTER, or KILLED IT. Something is wrong with McConnell, and those Republican Senators that Vote with him. PRIMARY THEM ALL!!!” he concluded in the posting.

Trump and the Senate GOP leader, who was reelected in 2020, have been squabbling since the midterm elections in November — when Republicans won a narrow majority in the House but failed to flip the Senate even though their party’s candidates were expected to make historic gains. 

The Senate voted 68-29 to approve the bill last month and sent it to the House, which passed it the next day, averting a partial government shutdown.

Elaine Chao, Sen. Mitch McConnell’s wife, served as Transportation Secretary in the Trump administration.
Getty Images

Eighteen Republican senators voted for the spending package, including Trump ally Sen. Lindsey Graham (R-SC).

Senate Republican Leader Mitch McConnell.
Getty Images

Graham said the bill was “less than perfect” but, like other Republicans, embraced the $76 billion in increased military funding it contained.

“This bill is a big win for the American military. It gives a much-needed boost to the Department of Defense and a well-deserved pay raise to our men and women in uniform. A ten percent increase in defense spending will add real dollars to our defense budget,” Graham said in a statement after the vote.

Other Senate Republicans who backed the spending bill included Roy Blunt of Missouri, John Boozman of Arkansas, Shelley Moore Capito of West Virginia, Susan Collins of Maine, John Cornyn of Texas, Tom Cotton of Arkansas, James Inhofe of Oklahoma, Jerry Moran of Kansas, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mitt Romney of Utah, Mike Rounds of South Dakota, Richard Shelby of Alabama, John Thune of South Dakota, Roger Wicker of Mississippi and Todd Young of Indiana.

Of the 18, only Romney and Wicker are up for re-election in 2024.

McCarthy, then the GOP leader in the House, was incensed that Democrats pushed the legislation through before the next Congress when Republicans would be in control. 

“The country is tired of it. They fired you. They chose a new direction for our country by electing a House Republican majority for the 118th Congress,” McCarthy fumed at his Democratic counterparts.

“If you dearly cared about the people, why wouldn’t you let everybody read it? Why wouldn’t you let them debate it? Why wouldn’t you simply wait 11 days? Just wait 11 days.”

Check out our Latest News and Follow us at Facebook

Original Source

Kathy Hochul slammed for $1B election-year ‘slush funds’

Gov. Kathy Hochul treated herself to nearly $1 billion worth of pork-barrel spending in this year’s state budget — allowing her to freely hand out cash as she runs for election against Republican challenger Lee Zeldin.

Hochul and her Democratic allies in the Legislature added the $920 million worth of outlays to the $220.5 billion fiscal plan in an 11th-hour move in April that government watchdogs warn is wide open to abuse.

“These slush funds are totally unaccountable. It’s not how public dollars should be doled out,” senior policy adviser Rachael Fauss of Reinvent Albany said Friday.

Another nonpartisan nonprofit, the Citizens Budget Commission, said the cash “will go to projects and purposes that primarily will be identified behind closed doors.”

“As such, they are ripe for political allocation rather than a distribution based on sound, holistic capital planning that addresses critical infrastructure needs,” the CBC wrote in a July analysis.

Kathy Hochul gave herself around $1 billion in a slush fund.

The group also noted that the $535 million poured into two of three “lump sum” spending programs — the Long Island Investment Fund and the Local Community Assistance Program — can be spent “for essentially any purpose” and “isn’t subject to any agreement with the Legislature.”

In recent weeks, Hochul announced two expenditures that squarely targeted the Long Island home base of Zeldin, an outgoing, four-term US representative.

One provided $50 million in funding for a competition to “attract and grow companies in the life sciences, health technology and medical device sectors” on Long Island.

The other awarded a $10 million grant to the Northwell Health network’s Feinstein Institutes for Medical Research for 26 new, state-of-the-art laboratories in Manhasset.

Hochul touted both initiatives on the state’s official website, which also says that “the Long Island Investment Fund will focus on large-scale projects that will support and grow the regional economy, enhance communities, and have lasting impacts across the Long Island region.”

And on Sept. 27, Hochul was joined at a news conference about the Feinstein Institutes funding by state Sen. Anna Kaplan (D-Carle Place), who faces Republican Jack Martins, a former state senator, in a race that’s expected to be close due to local outrage over New York’s controversial bail-reform law.

“Kathy Hochul hasn’t simply blurred the line between governing and campaigning — she’s completely erased it,” remarked state Senate Minority Leader Will Barclay (R-Fulton).

“New York has the least transparent budget process imaginable and what we’re seeing now is a product of creating pools of money with no guidelines whatsoever.”

In addition to the “lump sum” funding, the CBC identified six “individual purpose” pork projects, including the controversial $600 million earmarked for a new stadium for Hochul’s hometown football team, the Buffalo Bills.

In Hochul’s budget, $350 million was added as a “Long Island fund.”

The governor’s husband, former Buffalo US Attorney Bill Hochul, is a top executive at the  Delaware North hospitality and food service company that manages the scores of concession and retail outlets at the Bills’ Highmark Stadium in Orchard Park.

Another project with a direct tie to Hochul is the planned $20 million reconstruction of the Carrier Dome sports stadium at Syracuse University, her alma mater.

The planned Universal Hip-Hop Museum in the South Bronx and the planned Mohawk Harbor Events Center in Schenectady were awarded $11 million and $10 million in funding, respectively.

The New York Hall of Science in Corona, Queens, and Pace University’s Michael Schimmel Center for the Arts in Lower Manhattan will also get $10 million and $5 million, respectively, for upgrades.

In its analysis, the CBC said as much as $1.2 billion of the spending could be financed by bonds that would “consume” the state’s ability to issue debt and potentially prevent it from financing other, “critical” projects in the future.

Several critics compared Hochul’s budgetary maneuvers to those of her widely reviled predecessor, ex-Gov. Andrew Cuomo, who resigned amid a sexual harassment scandal last year.

“This is Cuomo crony capitalism 2.0,” said city Council Minority Leader Joe Borelli (R-Staten Island), spokesman for the pro-Zeldin Save Our State political action committee.

“It’s the same old from the same old Albany crowd. And there’s nothing to address the real issues New Yorkers are concerned about.”

Said GOP political consultant William O’Reilly: “This is a classic Andrew Cuomo tactic — a pre-election Santa Claus giveaway to key voting constituencies. It costs Gov. Hochul nothing, but it costs taxpayers hundreds of millions of dollars, all to benefit her reelection drive.”

“You can’t get much swampier than this,” O’reilly emphasized.

In an emailed response, Hochul spokesperson Avi Small said, “Gov. Hochul worked with the legislature to craft a fiscally responsible budget, using an influx of federal pandemic relief to make strategic investments in public safety, infrastructure, and tax relief while also making unprecedented deposits in rainy day reserves to protect against future uncertainty – even leading to Moody’s upgrading the state’s credit rating after the budget was passed.”

A spokesman for the Budget Division said the state had $6 billion in cash available to pay for capital projects, but didn’t immediately respond when asked whether that would cover all of the $1.6 billion in spending cited by the CBC.

Check out our Latest News and Follow us at Facebook

Original Source

New York has fourth-highest household debt in US — and it’s rising

New York state residents have the fourth highest personal household debt in the country — and the burden is only growing heavier, according to a recent government report.

The office of Comptroller Thomas DiNapoli released a report this week indicating that New Yorkers were carrying an average household debt of $53,830 as of the fourth quarter of last year.

The report noted that while New York was still below the national average of $55,810, the state was still well above the national average when factoring in just student loans and credit card debt per capita.

By the end of last year, Americans amassed a total of $15.6 trillion in household debt. New York accounted for 5.6% of the total, or $869.4 billion.

California led the nation in national average household debt. Texas, Florida, New York, and Illinois round out the top five.

New Yorkers’ average household debt rose to $53,830 at the end of 2021.
Getty Images

According to DiNapoli’s office, average household debt has rose by 4% nationally and 2% in the Empire State during the first two quarters of this year — outpacing the previous highs that were set in 2008.

The vast majority of household debt both nationwide and statewide was made up by mortgage debt, according to the Thursday report.

In New York, 69.2% of residents’ average household debt — or $601.2 billion — was owed to lenders for mortgage payments. Nationwide, that figure was 70.2% — or $10.9 trillion.

“Households across the nation have record levels of debt, after a temporary decline at the onset of the pandemic in 2020,” DiNapoli said.

California, Texas, and Florida are the only states with more household debt than New York.
Getty Images

“We’re seeing debt rise for New Yorkers with student loans, mortgages and credit cards.”

DiNapoli added: “Borrowing can help individuals achieve their personal and financial goals, but high levels of debt can cause damaging long-term consequences.”

“I urge policymakers to improve access for individuals and families to financial education resources, so they are better prepared to build a stronger financial future.”

Check out our Latest News and Follow us at Facebook

Original Source

Think Biden’s student loan write-offs are unfair? Just take a look at the fine print

President Joe Biden’s plan to instantly write off up to $20,000 in individual loans is bad enough, costing the taxpayers north of $300 billion — but the rest of his idea is even worse: He wants to the public to eat most all future student debt, too.

Yes, “Part 1” is horrifically unfair: Folks who chose not to take out such loans, or got them paid off, or never went to college at all, will be picking up the tab for college-educated borrowers with excellent incomes. Yet the rest of the scheme would make this injustice permanent.

Biden would roll back borrowers’ maximum monthly payment on undergrad loans to just 5% of “discretionary” income — and cut the amount of earnings considered “discretionary.” Then he’d wipe out all remaining debt after just 10 years for many borrowers.

The payment limit by itself is huge: The White House boasts it means “no borrower earning under 225% of the federal poverty level … will have to make a monthly payment” at all. And even those earning more than $50,000 right after graduating would face trivial payments — barely denting the principal before Biden sticks taxpayers with the bill.

In short, this is a recipe for nearly free “loans” for an ever-increasing number of people, courtesy of the general public. Until the public goes broke, that is. The Penn Wharton Budget Model estimates the full plan could drive total future costs toward $1 trillion.

Here’s the key problem, as Reason’s Robby Soave explains: The arrangement gives both universities and students an incentive to “screw the taxpayers.” Students wouldn’t care how much they borrowed, since they wouldn’t have to pay back more than 5% of their “discretionary” income for just 10 years, no matter how high the balance. Universities could then jack up tuition, knowing students could simply borrow more to cover the upcharge, and incur no additional cost to themselves. That’s crazy.

One possible way to contain the damage: cap tuition. Taxpayers would still wind up paying a fortune, but the system might not go haywire so quickly. Alas, Biden’s plan barely pays lip service to this idea: “Colleges have [a moral] obligation to keep prices reasonable and ensure borrowers get value for their investments” is all the White House says.

What a knee-slapper: As the fact sheet notes, inflation-adjusted tuitions have tripled over the past 40 years, and that’s largely because of government aid: With Uncle Sam chipping in, universities simply jacked up prices.

As for borrowers getting “value for their investment” — ha! Instead, many just get liberal mush that fails to win them jobs paying enough to repay their loans.

It’s works great for the left: Schools full of liberal faculty and staff rake in ever more cash while brainwashing kids to think like leftists, all with taxpayers footing the bill. Their only problem: It’s unsustainable.

And when it all comes crashing down, everyone suffers.

Check out our Latest News and Follow us at Facebook

Original Source

Exit mobile version