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DONKEY: Trump Admin. To Seize Wages, Pensions & Tax Refunds To Repay Student Loans · The Breakfast Club

• 0:01
  Speaker 1: Your execution on the Donkey of the day is something
• 0:03
  Speaker 1: to go hold.
• 0:03
  Speaker 2: For you to read.
• 0:05
  Speaker 3: He gave me donkey other day and I deserve that.
• 0:07
  Speaker 3: You need to know. You need to tell them.
• 0:10
  Speaker 1: I am you tell them that.
• 0:14
  Speaker 3: It's time for Donkey of the day.
• 0:15
  Speaker 1: It's a read.
• 0:16
  Speaker 3: But you're so good at charlamage. You want charlomagde solomme?
• 0:23
  Speaker 1: Who do you give the dusk the other day?
• 0:25
  Speaker 2: Soon?
• 0:25
  Speaker 4: Then?
• 0:27
  Speaker 3: Well?
• 0:27
  Speaker 2: Sexy red donkey today for Wednesday, April twenty third goes
• 0:30
  Speaker 2: to the US Department of Education, who under the Trump
• 0:33
  Speaker 2: administration announced on Monday that they will resume debt collections
• 0:37
  Speaker 2: for federal student law borrowers who have defaulted on their debts.
• 0:40
  Speaker 2: So millions of borrows are at risk of having federal
• 0:43
  Speaker 2: payments are portions of their salaries without in the coming
• 0:46
  Speaker 2: months because the White House said it can and will
• 0:50
  Speaker 2: take borrowers wages, pensions, and tax refunds.
• 0:53
  Speaker 3: Let's go to KAA NBC five for the report Please.
• 0:56
  Speaker 5: Major whiplash for millions of federal student loan hold For
• 1:00
  Speaker 5: the first time in five years, the Department of Education
• 1:04
  Speaker 5: will start collecting restart collecting, that is, federal student loans
• 1:08
  Speaker 5: in default. Student loans go into default after two hundred
• 1:12
  Speaker 5: and seventy days without any payment. The Trump administration said
• 1:15
  Speaker 5: in a statement quote, there will not be any mass
• 1:19
  Speaker 5: loan forgiveness.
• 1:21
  Speaker 4: The Trump Administration has announced we will put an end
• 1:23
  Speaker 4: to Joe Biden's illegal student loan bailout Attempts.
• 1:26
  Speaker 5: Loans have been on pause since March of twenty twenty
• 1:30
  Speaker 5: because of COVID nineteen. The Biden and Harris administration even
• 1:34
  Speaker 5: tried to cancel the debts of millions of borrowers. Now,
• 1:38
  Speaker 5: the Trump administration says the previous administration did not have
• 1:43
  Speaker 5: authority to cancel that debt, and it will start collections
• 1:47
  Speaker 5: as soon as May.
• 1:48
  Speaker 4: Fifth debt cannot be wiped away. It just ends up
• 1:51
  Speaker 4: getting transferred to others. So why should Americans who didn't
• 1:54
  Speaker 4: go to college or went to college and responsibly paid
• 1:57
  Speaker 4: back their loans pay for the student loans of other Americans.
• 2:01
  Speaker 2: I didn't go to college, so I don't have student
• 2:02
  Speaker 2: loan debt, so this won't impact me. But that doesn't
• 2:04
  Speaker 2: mean I'm not gonna care about this.
• 2:06
  Speaker 3: Okay.
• 2:06
  Speaker 2: The reason I care about this is because I care
• 2:08
  Speaker 2: about people, all right.
• 2:09
  Speaker 3: Period.
• 2:10
  Speaker 2: It doesn't matter what your financial situation is if you
• 2:12
  Speaker 2: live in a country where people are barely getting by,
• 2:14
  Speaker 2: that is not gonna make for a pleasant society. Not
• 2:17
  Speaker 2: to mention, working class people are a benefit to our business. Okay,
• 2:21
  Speaker 2: working class people who are listening to this, they're the
• 2:23
  Speaker 2: ones who listen to the show every day. Okay, They're
• 2:25
  Speaker 2: the people who buy books, they come to the comedy shows.
• 2:27
  Speaker 2: They'll spend their harder money to be at the Black
• 2:29
  Speaker 2: Effect Podcast Festival.
• 2:30
  Speaker 3: It's Saturday in Atlanta.
• 2:31
  Speaker 2: And every working class person in this country should be
• 2:34
  Speaker 2: able to pay their bills and have a little left
• 2:36
  Speaker 2: over for recreation. Okay, they should have some money for
• 2:38
  Speaker 2: leisure activities. And if you're voted for Donald Trump because
• 2:41
  Speaker 2: he promised to make the economy better, you gotta be
• 2:43
  Speaker 2: scratching your head right now. Okay, Donald Trump said he
• 2:46
  Speaker 2: was gonna make the economy better on day one. What
• 2:48
  Speaker 2: all he's done so far is cut federal programs that
• 2:52
  Speaker 2: benefit working class people, put elon muskin charge to fire
• 2:55
  Speaker 2: a bunch of federal workers. This half assed trade war
• 2:59
  Speaker 2: that's going on, hurting our wallets and four one K plans,
• 3:02
  Speaker 2: and now the White House is bringing more pain than
• 3:05
  Speaker 2: millions of Americans by restarting debt collection for student loan
• 3:09
  Speaker 2: borrowers who have fallen into default. I hope that you
• 3:13
  Speaker 2: all realize this is just politicians playing with the lives
• 3:16
  Speaker 2: of people again.
• 3:17
  Speaker 3: Right.
• 3:17
  Speaker 2: I was reading an op ed that Linda McMahon wrote
• 3:20
  Speaker 2: in The Wall Street Journal, and she blamed the Biden
• 3:22
  Speaker 2: administration and universities for making empty promises to students while
• 3:26
  Speaker 2: pocketing their loan dollars. She said, greedy colleges have profited
• 3:30
  Speaker 2: massively from Biden era forgiveness measures. When I read that,
• 3:33
  Speaker 2: I said to myself, Oh, the American people once again
• 3:36
  Speaker 2: have to suffer because of this pissing contest between Democrats
• 3:39
  Speaker 2: and Republicans.
• 3:40
  Speaker 3: See. I hate when political parties do that.
• 3:42
  Speaker 2: If Republicans do something that's good and benefit people, dim
• 3:46
  Speaker 2: should let it stand. If Democrats do something that's good
• 3:48
  Speaker 2: that benefits people, Republicans should.
• 3:51
  Speaker 3: Let it stand.
• 3:51
  Speaker 2: Linda McMahon said colleges profit massively from Biden era forgiveness loans.
• 3:55
  Speaker 3: Well, Linda, there are plenty.
• 3:57
  Speaker 2: Of corporations, institutions, and people in the trumpetman who profit
• 4:01
  Speaker 2: massively from things y'all do too. I honestly don't care
• 4:04
  Speaker 2: as long as the working class people are getting some relief.
• 4:07
  Speaker 2: When the rich get richer and the port don't get
• 4:09
  Speaker 2: a devil damn thing, that's not good. But if the
• 4:12
  Speaker 2: rich get richer and people are able to get some
• 4:14
  Speaker 2: money in they pocket too so they can live, that's
• 4:17
  Speaker 2: a beautiful society.
• 4:18
  Speaker 3: Okay.
• 4:18
  Speaker 2: And I don't want to hear you idiots say no,
• 4:20
  Speaker 2: they gotta pay these loans back.
• 4:21
  Speaker 3: You can't get a loan and not pay it back.
• 4:23
  Speaker 2: Sure, but how come there is never that sense of
• 4:26
  Speaker 2: urgency to pay loans back when it comes to these corporations.
• 4:30
  Speaker 3: Okay.
• 4:30
  Speaker 2: Two thousand and eight financial crisis, US government bailed out banks,
• 4:34
  Speaker 2: AIG got one hundred and eighty two billion, City Group
• 4:37
  Speaker 2: got forty five billion in TART funds and hundreds of
• 4:39
  Speaker 2: billions in loan guarantees. Bank of America got forty five
• 4:42
  Speaker 2: billion through the TART program. Those were loans. Two thousand
• 4:45
  Speaker 2: and nine, Auto Industry GM got fifty billion in federal aid,
• 4:48
  Speaker 2: Chrysler got twelve billion. GM filed for Chapter eleven bankruptcy
• 4:52
  Speaker 2: and had over thirty billion in.
• 4:53
  Speaker 3: Debt wiped out.
• 4:54
  Speaker 2: What about during Covid Airlines, Delta, United American Airlines, OH
• 4:59
  Speaker 2: got billions in payroll support and loans.
• 5:01
  Speaker 3: And my point is I don't.
• 5:02
  Speaker 2: Ever hear or see about these corporations getting pressure to
• 5:05
  Speaker 2: pay money back the way we are so quick to
• 5:08
  Speaker 2: do American citizens. Yes, I'm glad all these institutions were
• 5:11
  Speaker 2: able to stay afloat. We need those institutions, We need
• 5:13
  Speaker 2: the airlines, we need the banks, but don't we need
• 5:15
  Speaker 2: the American people too. Is it really going to hurt
• 5:18
  Speaker 2: us as a country if we don't garnish the wages
• 5:20
  Speaker 2: of student loan borrows, if we don't take from their
• 5:23
  Speaker 2: pensions their tax refunds. Is it really going to make
• 5:25
  Speaker 2: or break us as a society if we choose to
• 5:27
  Speaker 2: simply let those folks be for the time being. Why
• 5:30
  Speaker 2: at a time like this, with the Department of Education
• 5:33
  Speaker 2: and the Trump administration be doing this Because it's not
• 5:35
  Speaker 2: about what's right, it's about revenge. I'm not a Joe
• 5:39
  Speaker 2: Biden fan. I think his legacy is trash. But the
• 5:42
  Speaker 2: student loan forgiveness that he provided was great, Okay, one
• 5:45
  Speaker 2: of the better things on his resume. But Donald Trump
• 5:47
  Speaker 2: is hell bent on wiping his ass with Joe Biden's resume.
• 5:51
  Speaker 3: It's that simple, and we.
• 5:53
  Speaker 2: The people have to suffer because folks have political scores
• 5:56
  Speaker 2: to settle.
• 5:57
  Speaker 3: Please let me, rema, give the US Department of Edge
• 6:00
  Speaker 3: the biggest he huw.
• 6:01
  Speaker 1: He haw he ha, You stupid mother, Are you dumb?
• 6:07
  Speaker 1: That's what we said earlier. It makes no sense none whatsoever.
• 6:10
  Speaker 3: They deserve that.
• 6:12
  Speaker 1: All right, well, thank you for that. Donkey of the day, Yes, ma'am.
• 6:15
  Speaker 1: Now when we come back, Olyncia Johnson will be joining us.
• 6:18
  Speaker 1: She has a new book called Flip the Tables, and
• 6:20
  Speaker 1: we're gonna talk to her next. It don't go anywhere.
• 6:22
  Speaker 3: What's the whole No, what's the whole book name? Clip
• 6:24
  Speaker 3: the Tables? Now? What clip the tables?
• 6:27
  Speaker 1: Because every day this guide to finding courage and mak
• 6:30
  Speaker 1: him change.
• 6:32
  Speaker 3: Your book title better be shortening the way you becoming.
• 6:34
  Speaker 3: That is I'm going back and forth with them right now.
• 6:38
  Speaker 1: We'll talk about, oh you need a subtitle, and why.
• 6:41
  Speaker 3: That's what it should be called, and why why it's
• 6:46
  Speaker 3: club boarded. It's the breakfast club.
• 6:51
  Speaker 2: Donkey of Today is sponsored by renowned personal injury attorney
• 6:54
  Speaker 2: Michael the Bull, Lamb and Soft. Don't be a donkey
• 6:56
  Speaker 2: when you need to fight her on your side. If
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  Speaker 2: you get the horns.