president. greg: maybe he hadn t washed his hair and he was embarrassed. dana: or he realized it s a bad idea. eric: occupy the podium. dana: he told me to. bob: don t say anything now. greg: can i ask a question. explain to me loan forgiveness? if you have loan forgiveness for student loans why don t we have it for everything? bob: we forgive you on a daily basis. this is a terrific program. it was a funny monologue, by the way. the fact is unemployment rate among college graduates is very low, relative to the rest of the country. but the student debt is increasing. we now have more student debt than credit card debt. over $1 trillion. this is a way to lower the payments, something that needs to be done. the private banks screwed students long enough. federal loans are lower. good idea. it goes around congress, even better. eric: that is the first problem. the second problem, here is what it does. it makes the government again the lender of last resort.
and the principle? it s to the point that bob: you wouldn t say that if you were about to eric: feel bad about it, don t worry. the government will take care of it. bob: you wouldn t say that if you were going to lose your house. ron paul is not going to be president because he is ron paul. i want to know where ron paul thinks without student loans that people who don t have money, they re either poor or lower middle class will get to go to college where we know the increase your earning power. bob: his solution is greg: the solution if you get rid of the loan, the tuition drops and work your way through school, which is what he did. that seems like an apt quiteed idea antiquated idea. kimberly: tuition was more affordable then. he was able to do that. you can t pay everything off working at burger king while going to school. dana: lower income people, there are things called pel grants. kimberly: true. bob: government. dana: government. they re grants, not
that way the interest rate would be accurate. it wouldn t lower than it should be when the government dana: it would be competitive. see, president obama last year bob: you d trust banks in this country to control student loans? kimberly: that is the problem. dana: i do. i trust them more than the government doing it. bob: why? kimberly: the idea is you want people to better themselves, seek out an education otherwise they might not be able to, because they couldn t afford it. people are trying to pay back the loans. if you look at the credit card debt, mortgages. student loan is number two in terms of the amount of debt out there. people trying to dana: how many of the people studied documentary film-making? i m sorry, i had a student loan and i got sick to my stomach every month what if i don t paid my loan. it worried about it all the time and i paid it. bob: you worry about these things. dana: going back when i was a younger person. bob: you re still young
so you say you accept the idea that shariah law should be allowed in court. at the same time, why do we have people trying to take away the manger scenes that are traditionable at the courthouses? greg: they pick and choose. for example, okay, if we are going to do this in this cour court, theoretically i should be able to get rid of the mortgage interest on my house because shariah law outlaws eric: hold on. what about if it s, if this sets precedent there won t be a day where a judge says by the way, under shiria law, you stole that thing over there. we need to cut your left hand off. eric: did you make the bob: did you make the argument when jewish laws were used in the court? they ve used it for years. or just now because it s muslims. it s their own religious laws. eric: i don t believe they re using different laws in the court. kimberly: if you think
government eric: they favored wealth distribution. that is the definition of socialism. right there. bob: so move some place else. kimberly: why don t they? greg: it began on the college campuses in the 60s, by liberals who pushed the idea that the rich were evil to get the kids indoctrinated to left wing thinking. it s been alive and well. you gave birth to it. eric: so you think two-third of the country greg: it s a biased poll. new york times poll. bob: if you ask that question you don t think the republicans think they favor rich and congress? greg: they favor the successful. eric: they favor the rich. dana: class warfare can work. it s disgusting and ugly. and not presidential. kimberly: it s unpresidential to behave like this. it is!