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mhatrw

(10,786 posts)
Fri Feb 19, 2016, 08:47 PM Feb 2016

Bill Clinton's Big Dream For Millennials: Moving Out of Parents' Basements

http://www.usatoday.com/story/news/politics/onpolitics/2016/02/19/bill-clinton-delivers-last-minute-pitch-hillary-nevada/80629712/

{Bill Clinton} then directed his remarks to the millennial generation, saying legions of young voters are upset because they are saddled with debt that will prevent them from buying a house or starting a business.

"Her (plan) is light years better for the millennial generation," Clinton said.

He said Hillary Clinton supports reforms that would allow students to refinance their student debt and in order to lower payments to a certain percentage of income.

"If you did that, everybody could move out of their parents' basement," he said.
33 replies = new reply since forum marked as read
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Bill Clinton's Big Dream For Millennials: Moving Out of Parents' Basements (Original Post) mhatrw Feb 2016 OP
Most of the world doesn't get our obsession with that Recursion Feb 2016 #1
So true.... TeeYiYi Feb 2016 #9
i was quite happy to get out on my own 6chars Feb 2016 #28
Me too... TeeYiYi Feb 2016 #30
That sounds like something The Onion SheilaT Feb 2016 #2
Condescending much? gyroscope Feb 2016 #3
Agreed. He does not have to worry about loan debt. guillaumeb Feb 2016 #6
Well, you DO die more slowly. hifiguy Feb 2016 #18
Jesus. AzDar Feb 2016 #4
So instead of owing money for 35 years it will be for 55 years? libtodeath Feb 2016 #5
Most kids who stay home do so because they are in school or unable to find work. And usually, libdem4life Feb 2016 #7
Ah, see, they're all basement-dwelling, pajama-wearing losers smoking weed and eating cheetos. Erich Bloodaxe BSN Feb 2016 #13
Yeah all hacking and stuff ... things like certain governmental agencies excel in. libdem4life Feb 2016 #17
Not to mention Mike__M Feb 2016 #21
Are they using a playbook titled, The Least Inspiring Things to Say While Campaigning? n/t Jefferson23 Feb 2016 #8
Don't dream too big, Bill! dana_b Feb 2016 #10
Shhhhh. You're not supposed to remember that. hifiguy Feb 2016 #15
It isn't just student debt that prevents young LibDemAlways Feb 2016 #11
My Big Dream: Keeping the Clintons Out of the White House DerekG Feb 2016 #12
Go home, Bill. Just be quiet hifiguy Feb 2016 #14
Wow, just wow. nt Live and Learn Feb 2016 #16
Could they stop eating Cheetos tho? bunnies Feb 2016 #19
Jaysus, dude. frylock Feb 2016 #20
everybody could move out of their parents' basement SoLeftIAmRight Feb 2016 #22
Ugh! panader0 Feb 2016 #23
refinance their debt?? restorefreedom Feb 2016 #24
Well put Bill UglyGreed Feb 2016 #25
Actually, that's the parents' dream. razorman Feb 2016 #26
My youngest lives in her our other house. Kalidurga Feb 2016 #27
Hear that, younguns? You too can move out of a place filled with... Shandris Feb 2016 #29
Hey, uh, Slick Willy? I'm sitting in a dorm owned by the military right now VulgarPoet Feb 2016 #31
my millennial niece's dream is to get her father to move out of her basement hollysmom Feb 2016 #32
Chelsea is not living in the basement: amborin Feb 2016 #33

Recursion

(56,582 posts)
1. Most of the world doesn't get our obsession with that
Fri Feb 19, 2016, 08:49 PM
Feb 2016

Of the places I've lived, it's only the US where that's seen as a "failure" of some kind rather than completely normal (that includes a lot of Europe, too). In south Asia it's even more pronounced "You lived by yourself? What the hell? Does your family hate you? My God... you didn't kill somebody did you?"

TeeYiYi

(8,028 posts)
9. So true....
Fri Feb 19, 2016, 08:57 PM
Feb 2016

...(except for the cheeto stained basement dweller part.) In the rest of the world, families share domiciles, with mutual respect for each other and none of the belittling 'basement dweller' bullshit condescension.

TYY

 

gyroscope

(1,443 posts)
3. Condescending much?
Fri Feb 19, 2016, 08:53 PM
Feb 2016

He and his wife take money from shady for-profit diploma mills and banks that provide guaranteed student loans. You can be sure college tuition and student debt will continue to explode under another Clinton WH guaranteed.

guillaumeb

(42,641 posts)
6. Agreed. He does not have to worry about loan debt.
Fri Feb 19, 2016, 08:56 PM
Feb 2016

Neither does Chelsea. Refinancing does nothing to solve the problem. Like reducing a gushing stab wound to light bleeding.

 

libdem4life

(13,877 posts)
7. Most kids who stay home do so because they are in school or unable to find work. And usually,
Fri Feb 19, 2016, 08:57 PM
Feb 2016

they are allowed to stay in their own rooms. Where did the basement come from? Is the economy so bad that parents have to rent out rooms for profit?

What an idiotic and Bubba-headed statement.

Erich Bloodaxe BSN

(14,733 posts)
13. Ah, see, they're all basement-dwelling, pajama-wearing losers smoking weed and eating cheetos.
Fri Feb 19, 2016, 09:00 PM
Feb 2016

'Keyboard commandos', who hate women and minorities.

Didn't you get the memo?

dana_b

(11,546 posts)
10. Don't dream too big, Bill!
Fri Feb 19, 2016, 08:58 PM
Feb 2016

it's because of some of YOUR policies that they are still stuck at home.

LibDemAlways

(15,139 posts)
11. It isn't just student debt that prevents young
Fri Feb 19, 2016, 08:58 PM
Feb 2016

adults from leaving home. It has a lot to do with crappy jobs at crappy wages. When a young person is underemployed and barely scrapping by, paying for an apartment and food is a stretch, never mind a student loan payment. No one should graduate from college many thousands in debt in the first place. I was fortunately able to foot the bill for my daughter's college education. She found an ok job and is making her own way. However, as I watched the new graduates at the ceremony last June, I couldn't help but think how many of them will be saddled with debt they might never be able to pay off. It's just wrong.

 

SoLeftIAmRight

(4,883 posts)
22. everybody could move out of their parents' basement
Fri Feb 19, 2016, 10:02 PM
Feb 2016

that is some cold shit he is shoveling

I bet he had a big smile on his face when he was feeling their pain

Kalidurga

(14,177 posts)
27. My youngest lives in her our other house.
Fri Feb 19, 2016, 10:29 PM
Feb 2016

So, no she isn't dreaming of moving out of the basement. She is dreaming of buying her own house like her sisters did. Who the heck makes their kids stay in the basement anyway? A finished attic is usually nicer.

 

Shandris

(3,447 posts)
29. Hear that, younguns? You too can move out of a place filled with...
Fri Feb 19, 2016, 10:42 PM
Feb 2016

...your family's collected resources so that you can pay someone out of resources you don't have for a place 'alone' that you are only told you need (You're not an adult if you don't live alone like an idiot!) by a group whose very existence is built on making sure you spend your money constantly. You do this, so you can work separate from your family (no vertical integration here, that's not adult! Only corporations need to vertically integrate!) in a career that you'll pay a ginormous amount of money to enter while your family, now in a house they don't need to be so big, continues to overpay for space that isn't used.

That way you won't need to feel bad when you don't have time to take care of your parents as they are dying (gots ta pay that mortgage!) and/or their house is sold (nursing homes aren't free, natch!), thus liquidating the very last of the combined family resources that, in a sane society, would be kept by you and built on like the wealthy do.

Nice plan, Hill.

VulgarPoet

(2,872 posts)
31. Hey, uh, Slick Willy? I'm sitting in a dorm owned by the military right now
Fri Feb 19, 2016, 11:01 PM
Feb 2016

Need I remind you, the military that you started fucking up, and the military that Bush finished fucking up.

hollysmom

(5,946 posts)
32. my millennial niece's dream is to get her father to move out of her basement
Fri Feb 19, 2016, 11:35 PM
Feb 2016

but he does not get enough in disability. And they are talking about cutting it.

amborin

(16,631 posts)
33. Chelsea is not living in the basement:
Fri Feb 19, 2016, 11:39 PM
Feb 2016
Here's What Chelsea Clinton's $10.3 Million Apartment Looks Like









Rich celebukid Chelsea Clinton and her other side of the tracks husband Marc Mezvinsky will move into a 5,000 square-foot prewar apartment with expectedly high ceilings, shiny hardwood floors, and park views. The Whitman, a 1924 building by Madison Square Park in NoMad, is very close to their loft in Gramercy


The sleek apartment also boasts a marble cave of a bathroom, a space-age kitchen, four bedrooms, six and a half bathrooms, a key locked elevator, and a "Refrigerated Package Room" for who knows what—probably strictly for Harry & David deliveries


http://gawker.com/5991387/heres-what-chelsea-clintons-103-million-apartment-looks-like/

After his time at Stanford, Mezvinsky went on to work as an investment banker. In a March profile for The New York Times, Mezvinsky was described as being well-connected to some of the Clinton's richest supporters. After working at Goldman Sachs for eight years, Mezvinsky helped found a hedge fund firm, Eaglevale Partners, and tens of millions of dollars raised by the group has some connection to the Clintons


http://www.bustle.com/articles/131322-who-is-marc-mezvinsky-chelsea-clintons-husband-comes-from-another-much-less-famous-political-family

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