Student Loan Forgiveness Is Handout And Inflationary

  President Clinton gave a gift to his bankster backers by signing law that made student loan debt non-dischargeable. This allowed the banksters to give loans to anyone because the loans would be chased down from them and even their co-signer parents. This flood of loan money allowed colleges to dramatically increase their prices. Two decades later, those who took student loans are having some trouble making loan payments.

  As a thinly veiled attempt to buy votes, President Biden is now talking about repealing the President Clinton law. Instead, Biden wants to give some handouts for those suffering under the non-dischargeable load of debt. Having the federal government make loan payments is another form of "free" money. This money is baked by debt.

 

Arthur Laffer describes this as causing inflation:

Inflation is really too much money chasing too few goods. There's more to it, but that's a good first step. [Forgiving student loans] will reduce the number of goods, which is inflationary. It will increase the size of the monetary base, which is also inflationary. The two together, I don't know how much it will contribute [to inflation], but it's not a trivial amount.

 

Larry Summer, who served under Clinton, calls the free money unreasonably generous: 

Every dollar spent on student loan relief is a dollar that could have gone to support those who don't get the opportunity to go to college, said Summers, who was secretary of the treasury under President Bill Clinton.

"Embattled" Police Chief

The government finally got around to firing the worthless police chief. This guy was not "embattled", he ran a shop of cruel cops who actively prevented parents from doing the job of entering the school which the police refused to do.

Uvalde school shooting: Embattled police chief Pete Arredondo fired

Many parents and relatives have expressed deep anger at the police response and there has been growing pressure for law enforcements to be held accountable.

Mr Arredondo has taken the brunt of criticism for officers' 77-minute delay in confronting the teenage gunman, and is the first officer to be dismissed.

As Wednesday evening's meeting began, some in the audience shouted: "Coward!"

The police tried to cover up their misdeeds by trying to imply the building was locked.

But an inquiry heard in June that the classroom door was not locked and there was no evidence that officers tried to open it.

These cowards should be asset-stripped and run out of Texas. Apparently Pete Arredondo resigned from his city council seat before he could be recalled by the voters.

State police are reported to have named Pete Arredondo as most responsible for the lack of response to the shooting.

Liz Cheney Is Very Sick

Neocon warmonger Liz Cheney, daughter of neocon Dick Cheney, is very sick. She hates foreigners, she advocates for endless wars, and she even hates the leader of her party. Liz Cheney was just beaten by 37 points, and she now claims to be thinking of a presidential campaign in 2024. 

Rep. Liz Cheney of Wyoming called "large portions" of the Republican Party "very sick" in an interview recapping her failed bid to stay in office.

"I think it also tells you that large portions of our party, including the leadership of our party, is very sick," she claimed. 

Mitch McConnell in the Senate is a sick neocon warmonger who seems to have been in Congress for decades.

In Liz Cheney's last few minutes of media time, she threw a few arrows at the current leader McCarthy of the Republicans in the House of Representatives.

"I don't believe he should be speaker of the House and I think that's been very clear," she said.

Bye bye Liz.

Depression May Be Lack Of Chemicals In Brain

The pharmaceutical industry theory that depression is due to lack of serotonin chemical in the brain. This has been studied for decades, and has been shown to be incorrect. The theory of prescribing serotonin uptake inhibiters to treat depression as simply over-dosed unknowing people for decades. Ongoing use of a treatment which does not work, and which has side effects, is malpractice and fraud.

Scientists Find No Evidence That Depression Is Caused by “Chemical Imbalance” or Low Serotonin Levels

After decades of research, there remains no clear evidence that serotonin levels or serotonin activity are responsible for depression, according to a comprehensive review of prior research led by University College London (UCL) scientists.

The major new umbrella review – an overview of existing meta-analyses and systematic reviews – was published on July 20 in the journal Molecular Psychiatry. It suggests that depression is not likely caused by a chemical imbalance, and calls into question what antidepressant medications do. This is because most antidepressants are selective serotonin reuptake inhibitors (SSRIs), which were originally said to function by correcting abnormally low serotonin levels. In fact, there is no other accepted pharmacological mechanism by which antidepressants affect the symptoms of depression.

Lead author Professor Joanna Moncrieff, a Professor of Psychiatry at UCL and a consultant psychiatrist at North East London NHS Foundation Trust (NELFT), said: “It is always difficult to prove a negative, but I think we can safely say that after a vast amount of research conducted over several decades, there is no convincing evidence that depression is caused by serotonin abnormalities, particularly by lower levels or reduced activity of serotonin.

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