{"id":1468950,"date":"2024-06-02T20:55:00","date_gmt":"2024-06-03T00:55:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1468950"},"modified":"2024-06-02T20:55:00","modified_gmt":"2024-06-03T00:55:00","slug":"making-over-141k-minneapolis-mayor-thanks-biden-for-student-loan-forgiveness","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/making-over-141k-minneapolis-mayor-thanks-biden-for-student-loan-forgiveness\/1468950\/","title":{"rendered":"Making Over $141K, Minneapolis Mayor Thanks Biden For Student Loan Forgiveness"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">Making Over $141K, Minneapolis Mayor Thanks Biden For Student Loan Forgiveness<\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p><strong>If you weren&#8217;t already infuriated by Joe Biden&#8217;s exploitation of the federal student loan <\/strong>program as a means of buying votes and redistributing wealth, this should do the trick.\u00a0<\/p>\n<p>On Wednesday, <strong>Minneapolis Mayor Melvin Carter &#8212; who earns makes takes <a href=\"https:\/\/lims.minneapolismn.gov\/Download\/RCAV2\/33572\/Mayor-and-City-Council-Member-Compensation-Study.pdf\">$140,814<\/a> a year before benefits &#8212; rushed to Twitter to thank President Biden for erasing his remaining student debt,\u00a0<\/strong>sharing a screen shot showing his outstanding balance had turned to zero.\u00a0<\/p>\n<p>Thank you, Mr. President! <a href=\"https:\/\/t.co\/SjaNekU3ra\">https:\/\/t.co\/SjaNekU3ra<\/a> <a href=\"https:\/\/t.co\/mQeqm2nt9X\">pic.twitter.com\/mQeqm2nt9X<\/a><\/p>\n<p>\u2014 Melvin Carter (@melvincarter3) <a href=\"https:\/\/twitter.com\/melvincarter3\/status\/1795994220387307734?ref_src=twsrc%5Etfw\">May 30, 2024<\/a><\/p>\n<p>The latest drip in the<strong>\u00a0fiscal Chinese water torture that&#8217;s being inflicted on responsible, productive Americans came earlier that day<\/strong>, with Biden announcing he was <a href=\"https:\/\/www.zerohedge.com\/political\/biden-cancels-another-77-billion-student-debt-160000-borrowers\">cancelling another $7.7 billion<\/a> of debt. With that, the total such debt wiped away by his administration has reached $167 billion.\u00a0\u00a0<\/p>\n<p>After emphasizing that <strong>the average beneficiary of Biden&#8217;s self-serving abuse of taxpayers has had $35,000 in debt forgiven<\/strong>, White House Press Secretary Karine Jean-Pierre fielded a challenging question from, of all sources, NBC News. Correspondent Peter Alexander asked, &#8220;<strong>Why don\u2019t those individuals who didn\u2019t receive $35,000 in debt cancellation deserve a $35,000 check from other Americans for what other means <em>they<\/em> would want to use it?&#8221;\u00a0<\/strong><\/p>\n<p>Jean-Pierre&#8217;s struggle to rationalize the debt-forgiveness fiesta resulted in a comical, leftist word-salad:\u00a0<\/p>\n<p>Karine Jean-Pierre gets a difficult question about student loans.<\/p>\n<p>&#8220;Why don&#8217;t those individuals who didn&#8217;t receive $35,000 in debt cancellation deserve a $35,000 check from other Americans for whatever means they would want to use it?&#8221;<\/p>\n<p>Listen to her attempt a reply \ud83d\ude02 <a href=\"https:\/\/t.co\/7snGH5PhjY\">pic.twitter.com\/7snGH5PhjY<\/a><\/p>\n<p>\u2014 Julia \ud83c\uddfa\ud83c\uddf8 (@Jules31415) <a href=\"https:\/\/twitter.com\/Jules31415\/status\/1793382510618869816?ref_src=twsrc%5Etfw\">May 22, 2024<\/a><\/p>\n<p>Most notably, Jean-Pierre said, <strong>&#8220;We&#8217;re talking about folks who are in debt who are literally being crushed.&#8221; <\/strong>We doubt that characterization applies to Mayor Carter, who&#8217;s\u00a0pulling in $141K by himself in a two-income household &#8212; <a href=\"https:\/\/urbanmilwaukee.com\/wp-content\/uploads\/2023\/10\/City-of-Minneapolis-Comp-Analysis-Executive.pdf\">not counting a city-taxpayer-furnished car, cell phone, pension and deferred compensation<\/a>.\u00a0<\/p>\n<p>If he was being &#8220;literally&#8221; crushed, it&#8217;s safe to say it&#8217;s because he and his OB\/GYN nurse wife made a series of poor financial decisions. Either way, he doesn&#8217;t deserve to have his net worth elevated by distributing the cost to other members of society &#8212; including future ones. <em>And neither does anyone else.\u00a0<\/em><\/p>\n<p><strong>In early April, Biden announced a five-pronged proposal for even more student debt forgiveness<\/strong>. A <a href=\"https:\/\/budgetmodel.wharton.upenn.edu\/issues\/2024\/4\/11\/biden-student-loan-debt-relief#:~:text=While%20the%20New%20Plans%2C%20like,%24312%2C000%20in%20average%20household%20income.\">UPenn-Wharton analysis pegged the cost at $84 billion<\/a>, and noted that the proposal would &#8220;relieve some longer-term student debt for about <strong>750,000 households making over $312,000<\/strong> in average household income.&#8221;\u00a0<\/p>\n<p><strong>We&#8217;re guessing Team Biden might have mixed feelings about Mayor Melvin&#8217;s tin-eared, highly-public thank you<\/strong>. <em>It&#8217;s not playing well in Peoria&#8230;\u00a0<\/em><\/p>\n<p>I\u2019m so happy I didn\u2019t go to school and learned a trade because I was realistic about my financial situation and didn\u2019t want to take on loans. I was responsible and don\u2019t get any help. Unbelievable<\/p>\n<p>\u2014 P4Pheadshot (@PFPheadshot1) <a href=\"https:\/\/twitter.com\/PFPheadshot1\/status\/1796510810208116941?ref_src=twsrc%5Etfw\">May 31, 2024<\/a><\/p>\n<p>Don\u2019t thank him.<\/p>\n<p>Thank the American taxpayer who now gets saddled with YOUR debt.<\/p>\n<p>\u2014 YuriActual \ud83c\udff4\u200d\u2620\ufe0fGOLDCORP Logistics \ud83c\udff4\u200d\u2620\ufe0f (@Yuri6Actual) <a href=\"https:\/\/twitter.com\/Yuri6Actual\/status\/1796869152851759112?ref_src=twsrc%5Etfw\">June 1, 2024<\/a><\/p>\n<p>This is called stealing from responsible to give to the irresponsible. Socialism.<\/p>\n<p>\u2014 Don Skelly \u271d\ufe0e \ud83c\uddfa\ud83c\uddf8 (@DonSkelly10) <a href=\"https:\/\/twitter.com\/DonSkelly10\/status\/1796133437734088859?ref_src=twsrc%5Etfw\">May 30, 2024<\/a><\/p>\n<p>Nothing like some good old bribery during an election year.<\/p>\n<p>\u2014 Atom (@Autolock) <a href=\"https:\/\/twitter.com\/Autolock\/status\/1796154784908484829?ref_src=twsrc%5Etfw\">May 30, 2024<\/a><\/p>\n<p>Impeachable offenses. Buying votes &#8211; increasing inflation- shifting debt to responsible Americans who work hard and take accountability for their actions.<\/p>\n<p>\u2014 Sam (@SRA338) <a href=\"https:\/\/twitter.com\/SRA338\/status\/1796159655061647774?ref_src=twsrc%5Etfw\">May 30, 2024<\/a><\/p>\n<p>A politician without shame. Seems on-brand.<\/p>\n<p>\u2014 Andrew (@andrewfibonacci) <a href=\"https:\/\/twitter.com\/andrewfibonacci\/status\/1796858196746793087?ref_src=twsrc%5Etfw\">June 1, 2024<\/a><\/p>\n<p>So much for the rich paying their fair share.<\/p>\n<p>\u2014 AdamInHTownTX (Not a Neurologist) (@AdamInHTownTX) <a href=\"https:\/\/twitter.com\/AdamInHTownTX\/status\/1797089680380330225?ref_src=twsrc%5Etfw\">June 2, 2024<\/a><\/p>\n<p>Pay your own bills, freeloader<\/p>\n<p>\u2014 Tim in VA (@MrNOVApolitico) <a href=\"https:\/\/twitter.com\/MrNOVApolitico\/status\/1796878027852251308?ref_src=twsrc%5Etfw\">June 1, 2024<\/a><\/p>\n<p>You should be embarrassed the US Government has transferred your voluntary loans to the national debt. Nothing has been forgiven, just transferred to the rest of us who actually pay taxes.<\/p>\n<p>\u2014 Jeff Wright (@1991Wolfpack) <a href=\"https:\/\/twitter.com\/1991Wolfpack\/status\/1797090722950320292?ref_src=twsrc%5Etfw\">June 2, 2024<\/a>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" class=\"username\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Sun, 06\/02\/2024 &#8211; 16:55<\/span><\/p>\n<p>\u200b<a href=\"https:\/\/www.zerohedge.com\/political\/making-over-141k-minneapolis-mayor-thanks-biden-student-loan-forgiveness\" target=\"_blank\" class=\"\" rel=\"noopener\">https:\/\/www.zerohedge.com\/political\/making-over-141k-minneapolis-mayor-thanks-biden-student-loan-forgiveness<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Making Over $141K, Minneapolis Mayor Thanks Biden For Student Loan Forgiveness If you weren&#8217;t already infuriated by Joe Biden&#8217;s exploitation of the federal student loan&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1468950","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1468950","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1468950"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1468950\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1468950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1468950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1468950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}