Now ‘King Joe’ Wants To Eliminate Student Debt — Without Help From Congress

Written by Wes Walker on April 2, 2021

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If you want a baseline on just how power-mad the Dems have become now that they have their hands on the levers of power, this is a good place to start.

Remember the British Monarchy? You know, those punks we went to war so we could break away from them? Yeah. Those guys.

Anyone familiar with history will realize that even Mad King George could only spend money if his Parliament GAVE it to him first. They held the power of the purse.

That kept ambitious kings from doing stupid stuff like spending money that was needed to run a nation from running off to France and starting multi-generational wars. Or chasing other white elephants that would bankrupt the country.

Joe Biden actually seems to think there should be FEWER restrictions on an American President’s authority than there are on the king that President was a replacement for.

President Joe Biden has requested that Education Secretary Miguel Cardona prepare a memo on the president’s legal authority to cancel student debt, White House chief of staff Ron Klain told Politico in a Thursday interview.

…The Department of Education (DOE) memo is being conducted in tandem with the Department of Justice, with the DOE spearheading it.

The chief of staff’s remarks come as Democrats in Congress—such as Senate Majority Leader Chuck Schumer (D-N.Y.) and Sen. Elizabeth Warren (D-Mass.)—are calling for Biden to sign an executive order canceling up to $50,000 in student debt, as NBC News noted. Lawmakers, though, have acknowledged that they didn’t have the required GOP backing to pass a bill that would do the same.

While Biden during the 2020 presidential campaign expressed support for canceling up to $10,000, he has stated he doesn’t think he carries the legal authority to unilaterally eliminate as much as $50,000 without congressional action.

“I understand the impact of debt, and it can be debilitating,” Biden said at a town hall event in February. “I am prepared to write off the $10,000 debt but not $50 [thousand], because I don’t think I have the authority to do it.” –SaraACarter

Actually, Joe, it doesn’t seem as though you DO understand the impact of Debt. Otherwise, you might not be so hellbent for leather in mortgaging America’s future to foreign bondholders… many of whom are in China.

Not only do we question your authority to cancel $50,000 in debt, we question your authority to cancel any of it at all. Those are legal contracts that have been entered into.

Any politician, before signing any changes into action, should be to ask ‘what are the consequences of this action’ — with particular interest paid to the NEGATIVE consequences of that action.

Clearly, this step was skipped at the border. As it generally is with any ideological Democrat policies.

For all their lecturing about authoritarianism, that Tucker Carlson axiom proved true once again… the thing they accuse others of doing, is usually what they have been doing themselves.