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<blockquote data-quote="shorthairsrus" data-source="post: 347344" data-attributes="member: 219"><p>This goes back to HEROES act of 2003. Signed by Bush --- if you look at the law it was designed to help vets etc with student loan debt. The small print though allowed Biden to sneek in and do the damage. The law needs to be amended -- by the time it is it will be to late. I think the tide was know which direction it was going and imo he did it before the tide goes out in November. I dont think its going to help the dems that much. These "adults" didnt see a cash infusion. Everysince a baby boomer or a descendent of a boomer has lived on this earth - they never look at gross check --- they just look at net. Net results in no cash flow change at the current time. They wont remember this at the poles. They will remember 401k plan and the fact that they cant buy a car/home/rent for what they could a few years ago. This reminds me of the 8k or so that they threw to home buyers back when --- that was a bush thing --- Two parties that act like one. Third party please --- that is the only way out of this mess. </p><p></p><p>here is the line in heroes act that allowed it: </p><ul> <li data-xf-list-type="ul">suffered economic hardship as a direct result of a war or other military operation or<strong> national emergency</strong>, as determined by the Secretary</li> </ul></blockquote><p></p>
[QUOTE="shorthairsrus, post: 347344, member: 219"] This goes back to HEROES act of 2003. Signed by Bush --- if you look at the law it was designed to help vets etc with student loan debt. The small print though allowed Biden to sneek in and do the damage. The law needs to be amended -- by the time it is it will be to late. I think the tide was know which direction it was going and imo he did it before the tide goes out in November. I dont think its going to help the dems that much. These "adults" didnt see a cash infusion. Everysince a baby boomer or a descendent of a boomer has lived on this earth - they never look at gross check --- they just look at net. Net results in no cash flow change at the current time. They wont remember this at the poles. They will remember 401k plan and the fact that they cant buy a car/home/rent for what they could a few years ago. This reminds me of the 8k or so that they threw to home buyers back when --- that was a bush thing --- Two parties that act like one. Third party please --- that is the only way out of this mess. here is the line in heroes act that allowed it: [LIST] [*]suffered economic hardship as a direct result of a war or other military operation or[B] national emergency[/B], as determined by the Secretary [/LIST] [/QUOTE]
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