TFA has only 9 questions. You and the OWSers both fail.

I like how they said that it was only a Jew who controlled the Fed.

OWS protesters are not anti-semites Liberals say, but Tea Partiers, all of them, are racist

The article was entertaining. This thread is going to be FAR more so.

*popcorn*

Are we back to the "mocking them" phase again? Ask Tea Party people the same questions. I guarantee you they'll do much worse, and might even drop some "n-bombs" in their answers.

Not sure what the point of that was, but thanks for the pie charts...

QUICK, WHAT IS THE CAPITAL OF UPPER VOLTA.

WRONG! THAT WAS A TRICK QUESTION! YOUR WORLDVIEW IS INVALID!

What is the air-speed velocity of an unladen swallow?

7, but one was a trick question.

Ten. Well, nine if you boot my inclination to answer about "both" for the SEC. Still, I can see why some of those respondents are unemployed. They're idiots. I wouldn't hire them either.

Yes, but does it really matter? They really only need to know one thing, they are getting f*cked over and they are sick of it.

We've created an entire generation of people with more debt than they can possibly repay before they can start saving for retirement. They see that the numbers don't add up.

It took them 3 years after the crash to realize it. I don't think their lack of knowledge of the how and why will stop them. Good try though. Call them uninformed. Let's roll with that one.

sinschild: Who created that debt? I honestly don't remember holding a gun to someones head and making them take out loans. Perhaps I was drunk?

Or perhaps you are full of shiat and people are just now deciding that political conditions are favorable to not paying back what they owe and they are trying to weasel out of it?

Nobody holds a gun to the heads of the sheep going to slaughter either. But they follow the lead sheep nonetheless.

Why do people borrow money that they never can pay back? Conditioning. The borrower has been conditioned that "this is what everybody else does".

Need to buy a house? No money down. What happened to saving 10% down?

Need a new car? No money down. Can't afford to finance it for 4 years? Pay it for 6.

Need a college degree? No money down. Don't work part time and go to school part time, borrow the $$$ you need for 4 years so you can party and meet chicks.

Sheeple - being led to the slaughter by ignorant people trying to separate them from their money.

We've got a self-reporting 100 per cent correct reporter roving the interwebbies. Let's see how they do without the Gooogly.

"I'm taking a lot of fire here, everyone seems to take ten minutes to respond, and everyone is right! I've been hit! I've been hit! Get me the hell outta here!"

I donate money to the OWS for every GOP troll comment on FARK. $5 for each driveby.

Ed Finnerty: I donate money to the OWS for every GOP troll comment on FARK. $5 for each driveby.

Riiiiiight.

sinschild: Who created that debt?

An educational system that is designed only to train kids for college, not a technical field.

sinschild: I honestly don't remember holding a gun to someones head and making them take out loans.

When the only way to get a decent paying job is to have a goddamn piece of paper, you have to pay for that goddamn piece of paper. Some kids did it smart by doing JUCO for 2 years and then working and going to school for the Bachelors. Or, they got scholarships. Most people decided to take 4-6 years off from working and borrow everything they needed to go to an out-of-state school or to a private school. Yes, that was their choice. It's made now. We have millions of people with no possible way of paying that much money back AND contributing to the economy through spending their money on housing, new cars, and consumer electronics that make our economy tick.

sinschild: Perhaps I was drunk?

Nope. They made the decision. What we have to do is face the reality that we have a whole metric sh*t ton of people that are debtors for the next 20 years. We can't have economic growth if you take that many consumers out of the marketplace.

sinschild: Or perhaps you are full of shiat and people are just now deciding that political conditions are favorable to not paying back what they owe and they are trying to weasel out of it?

Perhaps I'm being realistic and your holier than thou attitude is exactly the kind of bullshiat response that will keep our economy at a stagnant level for the next 20 years. Great job. You're a hero. You did it all on your own. It's not your fault. That's great. I'm glad you live on an island in the middle of nowhere and this does not impact you.

Ed Finnerty: I donate money to the OWS for every GOP troll comment on FARK. $5 for each driveby.

You owe the commies another $5.

NewportBarGuy: not a technical field.

vocational field. Goddamitsomuch...

We train people for paper mills, not to actually produce anything.

Ed Finnerty: I donate money to the OWS for every GOP troll comment on FARK. $5 for each driveby.

you'd be broke by the end of the day.

EnviroDude: Ed Finnerty: I donate money to the OWS for every GOP troll comment on FARK. $5 for each driveby.

You owe the commies another $5.

I'm donating quite a bit in your name today.

sinschild: Who created that debt?

Let us also not forget the beauty of the deregulated student loan market that made one man $300 million while leaving student saddled with billions in loan debt at higher interest rates. Daniel M. Meyers, a co-founder of First Marblehead, was a pioneer in the private student loan industry. He resigned as chief executive in 2005 and spends a lot of time racing his yacht. (new window)

Yes, the students and parents made that choice, but the idea of regulation is to protect people from making idiotic choices that can harm them. While I'm sure many people paid those loans back and have wonderful careers, I'm willing to bet a large chunk of money that most of them never graduated, or they did and make nowhere near enough to cover the payments and keep up with other expenses.

They made stupid choices, our government opened the door for people to rape them, and we all suffer the consequences.

NewportBarGuy: sinschild: Who created that debt?

An educational system that is designed only to train kids for college, not a technical field.

sinschild: I honestly don't remember holding a gun to someones head and making them take out loans.

When the only way to get a decent paying job is to have a goddamn piece of paper, you have to pay for that goddamn piece of paper. Some kids did it smart by doing JUCO for 2 years and then working and going to school for the Bachelors. Or, they got scholarships. Most people decided to take 4-6 years off from working and borrow everything they needed to go to an out-of-state school or to a private school. Yes, that was their choice. It's made now. We have millions of people with no possible way of paying that much money back AND contributing to the economy through spending their money on housing, new cars, and consumer electronics that make our economy tick.

sinschild: Perhaps I was drunk?

Nope. They made the decision. What we have to do is face the reality that we have a whole metric sh*t ton of people that are debtors for the next 20 years. We can't have economic growth if you take that many consumers out of the marketplace.

sinschild: Or perhaps you are full of shiat and people are just now deciding that political conditions are favorable to not paying back what they owe and they are trying to weasel out of it?

Perhaps I'm being realistic and your holier than thou attitude is exactly the kind of bullshiat response that will keep our economy at a stagnant level for the next 20 years. Great job. You're a hero. You did it all on your own. It's not your fault. That's great. I'm glad you live on an island in the middle of nowhere and this does not impact you.

So, is this one of those "Forgive student loans" deals? Because I'm not buying. Let's face facts: college is not a birth right, and it's not for everyone. Some people would be better suited learning a skilled trade. I push paper for a living. I don't make or build a damn thing. We need to be a nation that makes and builds things again.

NewportBarGuy:
When the only way to get a decent paying job is to have a goddamn piece of paper, you have to pay for that goddamn piece of paper.

Getting by without a degree works the same way as getting by with one - you have to provide something that someone else is willing to pay for.


NewportBarGuy: Nope. They made the decision. What we have to do is face the reality that we have a whole metric sh*t ton of people that are debtors for the next 20 years. We can't have economic growth if you take that many consumers out of the marketplace.

I think if debt ended consumption, Visa would be out of business.

Just to add, I have no dog in this hunt. I get all my schooling paid for via the GI Bill and when that runs out, I pay $0 tuition at state schools because I'm a disabled veteran. So, I'm not advocating for me. I just see a HUGE debt problem that is destroying most of these OWS people, and many of my friends. Whether they made stupid choices or not is not the debate. How we go forward is. This:



is not sustainable.

How can you be angry at the current economic situation if you can't name the chairman of the Federal Reserve?

I bet you farkers can't even name the capitol of Zimbabwe and yet you think you're good enough to say child sacrifices to spur business growth is wrong?

NewportBarGuy: Whether they made stupid choices or not is not the debate. How we go forward is.

Isn't that the same logic that lead to bank bailouts, when the Fed refused to allow banks to fail after making risky financial plays, so instead fronted trillions of dollars to keep them rolling?

I think the question of how someone got into debt over their head is worth addressing (though, agreed, not debating). 'course, I also feel that "abusive loan practices" boils down to "I asked someone for money and they gave it to me, those farkers, how dare they!", and I tend to put a premium on personal responsibility. (I know it's not for everyone; it's just how I like to live.)

AverageAmericanGuy: That chart may look clever, but it doesn't really convey much of anything without more context.

Feel free to peruse the New York Federal Reserve: Link (new window)

It's their data.

NewportBarGuy: Yes, the students and parents made that choice, but the idea of regulation is to protect people from making idiotic choices that can harm them.

I thought the purpose of regulation was to make certain actions illegal and to prevent companies from forcing consumers into a bad situation. You seem level headed, but your assumption that the Government exists to protect us from our own bad life decisions is telling; just as the last question was telling when 94% wrongly believed that we spent more on the Military than we do on Health Care and Pensions.