"... and how can we tell that?
#7 | Posted by LampLighter"

Because he would be beaten within an inch of his life if displayed any of the racism he does here. Fear of a broken nose makes society more polite. While on this board, a 60+ year white old burn-out loser may get a pass or even a few chuckles from the brethren of liberal losers on here when he casually tosses out an n-bomb, in real life - he would receive a severe beating. Snoofy knows this - which is why he only leaves his mom's basement for the weekly hot-pocket supply run.

"#22 | Posted by LampLighter"

I will give you a example related to this board so maybe you can understand.

We all know Snoofy is loser. But, let's say that you allow him to sleep on your sofa until he can get his act together (yes, you have to suspend disbelief and imagine he can actually get on his feet on day). He is your friend so you are willing to help out. Then one day, you come home and your beer in the fridge is gone. Next, you order Uber Eats for dinner but Snoofy takes it and eats it without telling you. Next, you come home and your TV is sold to the pawn shop. At some point, you need to tell your friends that they need to grow up and stopping abusing your kindness and friendship. That is where we are with Canada.

As to their economy, you can just search for real GDP per capita 2010 to 2025 in 2017 constant Canadian dollars (this is called chained inflation). They have not developed economically in 15 years.

2010: $47,879
2025: $46,382

15 years and these ------- got POORER.

"#3 | Posted by snoofy"

Yep - typical liberal racist. Never misses a chance to drop an n-bomb. You can tell Snoofy never talks to people in real life.

I will also note - having $1M in net worth (with 50% investments and 50% in home equity) IS NOT LIVING RICH today. You have a nice nest egg to build upon - but, YOU ARE NOT RICH. 20 years ago when $1M meant something? - sure. But today? Nope. Especially when it comes to home equity. It is only net worth if you are willing to sell and downsize or retire in a cheaper state.

"#8 | Posted by LampLighter"

$500K or more. If you are making $250K at 30 and married, you need to grind for another 15 years+ to stack a $1.0M+ in assets. At $250K in Wisconsin (say Milwaukee), your after tax net is ~$170K or $14K/month.

Average home price: ~$700K in the suburbs, monthly payment including PTI: $5,500
Home maintenance (1%/year) = $7000/year = $600/month
Cellphone and cable/internet = $200/month
Assume student loan payment of $500/month X 2 people = $1,000
Assume care payment at $1000/month X 2 people = $2,000
Gas for cars: $150/month X 2 people = $300
Assume heat/gas at $300/month
Average cost for meals: $300/month X 2 = $600

So, after these typical bills, you are at $3,500/month or ~$42,000 per year before any other spending on vacation, buying household items, clothing, or kids, etc. That is not living rich AT 30. But, once they are 45 and your income goes from $250K to $389K in 15 years (3% yearly increase), and the house payment is now only 17% of gross income rather than 26%. Also, their savings start to compound. Assuming they could save 50% of their $42,000/year (assume loans paid off after 5 years with yearly increases), that should be worth $1.025M at 10% savings rate. Also, their house should be worth (3% yearly increase) $1.1M and the remaining mortgage will be ~$480K meaning they will have $620K in home equity. So, savings + home equity = $1.65M AT 45 so they can start to feel a little more rich. However, any job insecurities, overspending, or kids will put a big dent in this. I should note, that $1.65M in net worth would be ~$1.1M in today's money assuming 2.5% annual inflation.

"Zed is from Texas you spud.
#18 | Posted by Alexandrite"

Yeah, sure he is - and Danforth is a 'tax preparer'...

Just because a ------- wants to cosplay online as something does not make them one. Zed is clearly a Canadian - he has all the ------- tendencies of the Canucks.

Here is the difference - $125K/year when you are 50 with your student loans paid off, cars paid off, house paid off, and kids out of the house - you will have a very good lifestyle.

Meanwhile, if you are 30 with all of those bills still in front of you, $250K will cover expenses but you will not feel rich.

And the people that I know that got wiped out at that $250K income level have 1 of 2 main issues (not medical debt):

1.) Autistic kid
2.) Divorce

So, I think it is not a surprise upper earners are not rushing to get married and have kids.

The Canadian economy is already in free fall and the people are revolting over the mass Indian immigrants that Canada as imported over the last 15 years. Over this time period, life has become unaffordable and houses completely out of reach. You will notice our Canadian posters like Redial and Zed have not posted on this. I assume they are out pawning their netbooks so they can afford to buy lunch.

"Even after refusing to provide a source and getting called out for lying after the source was found, you just ignore being Fact Checked.
#87 | Posted by Sycophant"

Nothing anyone posted disputed my data because my data is FACT. All you libs do is whine about the how the data is 'racist'. That is why the Dems are at 20% approval and falling. You cannot be a liberal and accept reality.

"Bernie. AOC. Crockett. Mamdani. These are people I'd happily vote for any day. Democrats with a plan for Americans and the spirit to fight for it.
#5 | Posted by ClownShack"

The desperate Democrat race to sub 15% approval is still ongoing. With thought-leaders like militant homosexual Clownshack, we can all see your future clearly.

The fact that AI was given a liberal bias almost ensures there will be a feeling of self-hatred.

"#2 | Posted by rstybeach11"

He doesn't want to go to El Salvador due to 'rival gangs' - hard to have that as an excuse as it assumes you are a gang member yourself.

Either way, this trash is being kicked out of the country and we will be better for it as a nation.

"#80 | Posted by rstybeach11"

I give you credit for using ChatGPT as it is infinitely smarter than your standard liberal - however, it still suffers from Liberal retardation when it comes to any topic on race.

Now, we all know that there is a general correlation between income level and homicide rate - so, within group - poor whites commit murders at a higher rate than rich whites. The same holds true for poor blacks and rich blacks. However, this ignores the cross group comparison - that will show that rich blacks commit murder at 2x+ the rate of poor whites. So, you can leave 'they are just a victim of poverty' excuses at the door - they are not backed up by the actual data.

"#67 | Posted by rstybeach11"

Just stop with your bleeding heart liberal nonsense. Blacks are in jail because they commit more crimes. As an example, the homicide rate for black FEMALES is greater than for white MALES. The true crime we can use for this is rate for murder. Murder is not something the police ignore or let someone slide because they are white.

In that case, blacks commit over 50% of the murders in the US for crimes where a suspect is identified. For the crimes that are not solved (no suspect), these tend to occur in large deep blue -------- cities with very high black populations - this Baltimore and a 50% homicide clearance rate. Thus, it is logical to assume IF EVERY CRIME was solved, the black % of all murders would be between 60-70%, or 4-5x over-represented based on % of population.

"we need to focus on dismantling systemic barriers
#58 | Posted by rstybeach11"

And what systemic barriers are those exactly?

"#56 | Posted by ClownShack"

Learn to read and think logically -------. I said that black people do not repay their student loans (as 100% backed up by the facts). I NEVER STATED that reason why they didn't repay is because they are black. Cause and effect too much for you to understand? Maybe you should try Grok. Maybe use the prompt: "please give me a better talking point so ScottS does not continually make me look like a militant homosexual -------"

"It's true that Black borrowers have much higher student loan default rates than White borrowers"

You could have just stopped there. However, the stat I gave earlier is the better one on debt repayment after 20 years as it shows the sharp contrast much better.

"I'll keep offering context until you acknowledge it: Research consistently shows that Black borrowers face greater financial challenges"

Black do face greater financial challenges - most are self-imposed due to cultural issues. The fatherless rate is staggering. 72% of births by black mothers are outside of marriage. That means that kids is going to struggle as EVERY STAT FOR SINGLE MOTHERS looks like the stats for black people - failing at school, hiring incarceration rates, higher likelihood of being a rapist, lower economic achievement, etc. So, maybe you ------- libs should start to expand your rationalization beyond skin color.

"So, yes, the outcome is that repayment rates are lower and defaults are higher for Black borrowers."

Again, you could have ended there.

"If we want a fair lending system,
#53 | Posted by rstybeach11 "

You are not advocating for a FAIR lending system - you are advocating for an EQUITABLE lending system - and that thinking is bankrupting our country.

"Is it possible America might be racist?"

Well, to test this hypothesis - we just need the controlled same of where blacks (outside of living a white society) have created a city/nation where these statistics don't apply. Unfortunately, no such place exists in the US or Europe and it does not seem to be the case in Africa outside of Wakanda. So, maybe the lack of success for black people in the US and everywhere else is the result of racism - or maybe, just maybe - there is a deeper cultural issue that is at play. If you ask blacks in Africa about blacks in the US - they will attribute the struggles of blacks in the US to culture and laziness. But again, maybe they think that because black Africans are racist.

"Has anyone looked into this as a possible explanation of why blacks are so much poorer, and affected by crime?
#48 | Posted by snoofy"

For what country? USA, UK, France, Belgium? Their stats are all pretty much identical. Blacks are over represented in crime, low educational achievement, high fatherless rates, etc. What about a multi-cultural post-race utopia like Brazil - surely the blacks there are living like kings. So, maybe everywhere is racist.

"This does not mean Black borrowers refuse to pay; it means they face more barriers to repayment.
#47 | Posted by rstybeach11"

Again - ------- - NO ONE said they REFUSE to pay. I simply quoted the statistic that THEY DON'T PAY. If you loan money to someone, it really doesn't matter if they don't pay simply because they don't want to do so or that they do not have the ability to do it. The end result is that you don't get paid. In that case, the logical thing people do is STOP LOANING MONEY TO PEOPLE THAT DO NOT PAY YOU BACK. I am sure you follow this rule when it comes to your own money - why does this logic fly out the window for you when it comes to someone else's money?

"#43 | Posted by jpw"

I do - which is why I was able to repay my student loan within 6 months of graduation. I did not have any student loans for my under graduate studies because I worked 20-30 hours/week and lived like a pauper. I literally sold my blood plasma 2x per week for 4 years straight to have beer and food money.

"It's sad anyone believes people do or don't make loan payments based on their race."

Nobody ever claimed being black is what caused them to not make their payments - I thought you were college educated. I simply stated that fact that black people (on average) do not repay their student loans. The reasons are multi-faceted but it does not change the end result - black people do not repay their student loans.

"Instead of it being due to poverty."

I never said that was not one of the causes.

"Going to college is a privilege the wealthy take for granted.
#42 | Posted by ClownShack"

It used to be a privilege - now, we have made it into a right backed up by unlimited federally subsidized student loans. The end result is predictable - people over spend on lifestyle while in college and just want to 'earn a degree' so they are not prepared for the workforce.

This is actually the same result as the DEI programs at Harvard.

They take unqualified black and brown students by discriminating against whites and Asians. Once in the school, the unqualified black and brown students quickly realize that they cannot complete against their better prepared/qualified white/asian classmates so they move into easier majors and therefore do not get the actual benefits of attending Harvard because at the end of the day, they choose the useless degree.

As the federal layoffs get more severe, the group most hurt by this will be these same black women that were either directly employed by the federal government or in nonsense NGO's paid for by the US government. We already see that effect in the new unemployment claims. Federal government hiring has stopped, DEI programs are being rolled back - and the biggest group being impacted are college 'educated' black females.

Again - I am not stating it is right or wrong - I am just giving your the reality of world today.

"#39 | Posted by rstybeach11"

It is a 100% fact that blacks don't pay back their student loans - 94% repaid for whites/Asian, 95% non-repaid by blacks.

You can cry about the reasons for this all you want - but it does not change the FACTS.

Now, all you liberals allergic to the truth immediately brand posting facts as "racist" as if facts can be racist. I am not interested in the fantasy world liberal live in for their theories - what I care about are actual results. Students loans are not the problem they are made out to be - they are difficult to repay for only a certain subset of people - blacks (in general as a group) and white women that attend private universities to major in low salary careers.

That doesn't mean the loans are predatory - it means we need to help people make better decisions financially. This also points out that WAY TOO MANY black women attend college and take out huge loans that they have no possibility to ever repay because they go for low paying degrees (sociology, etc). If there was any credit check or check on future earning - these loans would not be given. This is the government enabling stupid people to make stupid decisions and the results of those stupid decisions paid by US taxpayers.

"nobody is challenging this? Meaning this is agreed that it's true?
#11 | Posted by eberly"

I only spit facts -------. It is 100% true. It is a shocking stat and I doubt anyone ever told it to you before. Why do you think that is?

"#7 | Posted by RightisTrite"

It should not take 20 years to pay off a long - it only takes you that long if you are an economic loser and/or your lived like a middle-career professional while you were in school.

But, this is not the point - the point is that a Black people don't pay back their loans. The data on this is clearly. If the median borrower still owes 95% after 20 years - they are going to still owe 95% after 40 years. In short - they will never be repaid. So, why are the statistics this stark based solely on race? It is easy to identify the people that are not going to repay loans - it is criminal to keep loaning them money when the taxpayer is backstopping this.

They are going to jail some Dem congress reps or their staff over this.