Tuesday, May 12, 2015

WI GOP legislature turns Scrooge on student debt. But debt to WEDC? Nah...

That way when the students graduate, they can't buy cars, homes and other goods and services which Wisconsin businesses are producing because their income is disproportionately going to pay off students loans which the GOP legislators will not allow to be renegotiated.

Now if you're saying, "but that doesn't make any financial sense," you're right, but those Republican legislators are a vindictive crowd, punitive crowd - - so the student graduates these Republicans perceive as generally Democratic - - worse, liberals with useless degrees in the arts or social sciences or teaching for which the Right has no respect - - and  need to be taught a lesson or two by their Rich Uncle Senator Scrooge about meeting your obligations and paying your bills and showing some grown-up responsibility with money.

Unless you're a business which donated to Walker or otherwise talked the WEDC which Walker chairs out of a loan or a tax credit from taxpayer funds which is free of pesky paperwork, jobs-created-in-Wisconsin evidence, or scheduled payments and other technicalities.

Irresponsibility tracked in state audits with Walker chairing WEDC since 2013.

Hell, Walker even ordered the state to skip $108 million in borrowing debt payments, but don't try that at home, kids,

Rules are for student loans, stupid.


my5cents said...

I read that the legislature or senate asked Walker to forgo the next round of tax cuts for corporations, and he said NO. Then, this morning I read a letter to the editor in The Journal Times where a reader wrote about "The Real Reason Behind Budget Cuts."

I'd like to know where he got the information, but considering how things are going with our state budget, I have a tendency to believe the writer.

Anonymous said...

Shameless propaganda alert at jsonline:

Taxpayer-funded legal costs top $1 million over John Doe probe

(I won't link to, it is at the tippy-top of jsonline.com)

The reporter here know better (one of the usual pro-Walker writers). Here are some facts that MJS doesn't want you to know):

1. The initial probe did result in 6 of Scott Walker's closest cronies being convicted of crimes against our democracy, stealing from taxpayers for the political ambitions of Scott Walker.

2. It is not being disputed that laws were violated. These violations were willfully done to win the recall election (John Doe II).

3. Only Scott Walker and those he criminally conspired with are responsible for the costs to taxpayers. In no other criminal case, when there is essentially no question that laws were broken, would Milwaukee Journal Sentinel proclaim that taxpayers are being snookered and those engaging in illegal activity are victims.

4. Scott Walker and his associates have admitted that they broke these laws and claim that they have a right to do so. They could have simply challenged the laws. Instead they knowingly committed crimes. It was the choice of Scott Walker and his accomplices to create an expensive legal fight.

Any honest report on the money taxpayers of being forced to cough up to enforce the rule of law would point out that only Scott Walker is responsible for the ongoing litigation. It was the intention of Scott Walker to create a legal battle. He know this was going to cost taxpayers money.

Scott Walker and his cohorts also knew there were other options to challenge these laws. They chose to go the expensive route. Scott Walker is not a victim. The rule of law demands we prosecute people that break the law, especially when they do it for partisan political advantage.

This is all another example of Scott Walker bilking taxpayers to fund his political ambitions. This is an example of the contempt Scott Walker has for taxpayers. This is all about fiscal irresponsibility and is yet more proof that Scott Walker is not a fiscal conservative.

my5cents said...

I found out where he got the information for the letter to the editor on the real reason behind budget cuts. The law Walker passed to cut taxes and provide tax credits for businesses and corporations in his first budget. Now that the amounts of the breaks and credits are almost double what they projected, he doesn't care and plans to go through with them anyway.