US billionaire clears 400 student loans.

[Hilts]

Lindun said:

chow pan toon said:

Someone clears millions of dollars of student debt, directly removing a millstone from hundreds of young people's necks right at the beginning of their lives and literally the first post is a sneer because most of them were black.

I think NP&E has just been completed.

100% this. It wouldn’t have been mentioned if Jim Ratcliffe or James Dyson paid off the student loans of a load of white kids at Oxford.

In your world then if Jim Ratcliffe said I'm going to clear 400 student loans but only white students no-one would have said st?

That's your position right?

[wc98]

Jasandjules said:

Good for him. That is a lot of people who will have a much easier start in life now.

not just that, i would imagine they will remember this act of kindness and it may shape part of their outlook on life. fantastic gesture by robert smith.

[Lindun]

Hilts said:

In your world then if Jim Ratcliffe said I'm going to clear 400 student loans but only white students no-one would have said st?

That's your position right?

My point is that you “wouldn’t have said st”. He didn’t say “I’m only going to clear black students loans. He said he was clearing the loans of those who were graduating.

You wanted to make a specific point and you made it. You don’t care that what he’s done is a good thing, you wanted to raise the colour issue for no reason at all. The US is a different culture to over here, some of it better, some not. However, you wouldn’t have given a st if the scenario was as I described over here. I doubt we have primarily black universities here, equally I doubt we have more or less exclusively white ones too.

[Randy Winkman]

In 2017 (couldn't get more recent figures) 1.9% of students at Oxford were black. If someone had paid off the student loans would they have been criticised for racism?

https://www.telegraph.co.uk/education/2018/06/07/n...

[sunbeam alpine]

Only on PH (these days) could such a generous gesture be viewed with such cynicism...

[Hilts]

Lindun said:

My point is that you “wouldn’t have said st”.

I wouldn't have had the chance to say st. If the Ratcliffe scenario had played out I would've been too slow to get a post in before the indignated, maybe someone like yourself.

Lindun said:

He didn’t say “I’m only going to clear black students loans. He said he was clearing the loans of those who were graduating.

From a black college. Funny that being black himself. Pretty much says in actions what you say he didn't say.

Lindun said:

You wanted to make a specific point and you made it. You don’t care that what he’s done is a good thing, you wanted to raise the colour issue for no reason at all. The US is a different culture to over here, some of it better, some not. However, you wouldn’t have given a st if the scenario was as I described over here. I doubt we have primarily black universities here, equally I doubt we have more or less exclusively white ones too.

You don't know what I care. You're just making assumptions to back up your take. I do think it's a good thing. I don't personally GAF if he gives his money to blacks, whites or hispanics. It really doesn't affect me in any way. My day tomorrow will be the same.

The whole point of the post was that if this was a white philanthropist giving money to whites only then the 'noise' would have been substantial.

[chow pan toon]

Hilts said:

chow pan toon said:

Someone clears millions of dollars of student debt, directly removing a millstone from hundreds of young people's necks right at the beginning of their lives and literally the first post is a sneer because most of them were black.

I think NP&E has just been completed.

No, that's not right at all. Where's the sneer apart from in your head?

First sentence of my post 'Good on him'.

Second sentence, 'Was it just blacks?'

The point being if a white philanthropist decided to clear only white student loans there would be a hue and cry about racism.

Looks like you're reading what you want to read.

So you're showing the snowflakey stupidity of people who raise racial issues when there isn't one by raising a racial issue when there isn't one. You may wish to re-think your methods.

[chow pan toon]

Hilts said:

Lindun said:

My point is that you “wouldn’t have said st”.

I wouldn't have had the chance to say st. If the Ratcliffe scenario had played out I would've been too slow to get a post in before the indignated, maybe someone like yourself.

Lindun said:

He didn’t say “I’m only going to clear black students loans. He said he was clearing the loans of those who were graduating.

From a black college. Funny that being black himself. Pretty much says in actions what you say he didn't say.

Lindun said:

You wanted to make a specific point and you made it. You don’t care that what he’s done is a good thing, you wanted to raise the colour issue for no reason at all. The US is a different culture to over here, some of it better, some not. However, you wouldn’t have given a st if the scenario was as I described over here. I doubt we have primarily black universities here, equally I doubt we have more or less exclusively white ones too.

You don't know what I care. You're just making assumptions to back up your take. I do think it's a good thing. I don't personally GAF if he gives his money to blacks, whites or hispanics. It really doesn't affect me in any way. My day tomorrow will be the same.

The whole point of the post was that if this was a white philanthropist giving money to whites only then the 'noise' would have been substantial.

You're literally arguing with something in your head. Quite the thing to see.

[Lindun]

Hilts said:

Lindun said:

My point is that you “wouldn’t have said st”.

I wouldn't have had the chance to say st. If the Ratcliffe scenario had played out I would've been too slow to get a post in before the indignated, maybe someone like yourself.

Lindun said:

He didn’t say “I’m only going to clear black students loans. He said he was clearing the loans of those who were graduating.

From a black college. Funny that being black himself. Pretty much says in actions what you say he didn't say.

Lindun said:

You wanted to make a specific point and you made it. You don’t care that what he’s done is a good thing, you wanted to raise the colour issue for no reason at all. The US is a different culture to over here, some of it better, some not. However, you wouldn’t have given a st if the scenario was as I described over here. I doubt we have primarily black universities here, equally I doubt we have more or less exclusively white ones too.

You don't know what I care. You're just making assumptions to back up your take. I do think it's a good thing. I don't personally GAF if he gives his money to blacks, whites or hispanics. It really doesn't affect me in any way. My day tomorrow will be the same.

The whole point of the post was that if this was a white philanthropist giving money to whites only then the 'noise' would have been substantial.

You call me indignant and then immediately get all indignant about it being a black thing. He’s paying off student debt to students from a college that’s primarily black. He was quite possibly invited to speak there as he’s black. So what?

I wouldn’t get upset by anyone doing this for whoever. You got upset because of a perceived skin colour issue. I just see someone giving a shedload of money to people to help their start in life. I think it’s a fantastic gesture.

[Hilts]

Lindun said:

You call me indignant and then immediately get all indignant about it being a black thing. He’s paying off student debt to students from a college that’s primarily black. He was quite possibly invited to speak there as he’s black. So what?

I wouldn’t get upset by anyone doing this for whoever. You got upset because of a perceived skin colour issue. I just see someone giving a shedload of money to people to help their start in life. I think it’s a fantastic gesture.

Again, I'm not upset, my opening line was 'Good on him.'

None of the above addresses my underlying point.

[Hilts]

chow pan toon said:

o you're showing the snowflakey stupidity of people who raise racial issues when there isn't one by raising a racial issue when there isn't one. You may wish to re-think your methods.

chow pan toon said:

You're literally arguing with something in your head. Quite the thing to see.

No, quite the thing to see is you squandering two opportunities to make a single post worth a fk.

[Lindun]

Hilts said:

Again, I'm not upset, my opening line was 'Good on him.'

None of the above addresses my underlying point.

Just as many people start phrases with “I’m not a racist, but........” or “Many of my best friends are black, but........”

I’m not accusing you of being a racist, I’m highlighting that three throwaway words followed by sentence after sentence of clear outrage around the donor and recipients being black makes a clear point. It’s not the point you’re now claiming to be making.

Just be happy for the generous gift and for the recipients.

Here’s your post again

Hilts said:

Good on him.
Was it just exclusively for black students?

If so can white philanthropists clear white student loans exclusively without bleats of THAT'S RACIST!

I see this cat married a white chick, not that that's particularly relevant, just an observation.

[Burwood]

Lindun said:

Hilts said:

Again, I'm not upset, my opening line was 'Good on him.'

None of the above addresses my underlying point.

Just as many people start phrases with “I’m not a racist, but........” or “Many of my best friends are black, but........”

I’m not accusing you of being a racist, I’m highlighting that three throwaway words followed by sentence after sentence of clear outrage around the donor and recipients being black makes a clear point. It’s not the point you’re now claiming to be making.

Just be happy for the generous gift and for the recipients.

Here’s your post again

Hilts said:

Good on him.
Was it just exclusively for black students?

If so can white philanthropists clear white student loans exclusively without bleats of THAT'S RACIST!

I see this cat married a white chick, not that that's particularly relevant, just an observation.

A white chic. She’s used to get her tits out for a living. Quality

[anonymous-user]

biggbn said:

fblm said:

There seems to be some confusion here. In the US, charitable gifts are deductible from your pre tax income. For example if you earn 50 million and give away 10 you can deduct the 10 and report an income of 40. If your income tax rate is 40% then you're giving away 10m and not paying 4m in tax on it. You're still 6m worse off than you would have been if you just kept the money and paid tax on it.

Yup, I got that...still, a good thing to have done, thoughtful, makes an instant tangible difference.

I agree. Maybe I wasn't clear. I was just pointing out that there is no clever tax swerve resulting in a net benefit to the donor going on, as is invariably insinuated in these threads.

[dvs_dave]

fblm said:

I agree. Maybe I wasn't clear. I was just pointing out that there is no clever tax swerve resulting in a net benefit to the donor going on, as is invariably insinuated in these threads.

There is a benefit to the donor beyond the cut and dry monetary one of lowering their overall tax burden. They get to spend their money on what they deem to be a worthy cause, and in return get their name on a hospital wing, museum, big publicity, whatever, rather than a chunk of that same sum of money otherwise vanishing in taxes.

I know what I’d be doing if I were in a position to be able to drop serious cash on what I deem a worthy cause. The “dvs_dave children's hospital” has a nice ring to it.

[chow pan toon]

dvs_dave said:

fblm said:

I agree. Maybe I wasn't clear. I was just pointing out that there is no clever tax swerve resulting in a net benefit to the donor going on, as is invariably insinuated in these threads.

There is a benefit to the donor beyond the cut and dry monetary one of lowering their overall tax burden. They get to spend their money on what they deem to be a worthy cause, and in return get their name on a hospital wing, museum, big publicity, whatever, rather than a chunk of that same sum of money otherwise vanishing in taxes.

I know what I’d be doing if I were in a position to be able to drop serious cash on what I deem a worthy cause. The “dvs_dave children's hospital” has a nice ring to it.

You'd better do a racial audit on the patients and staff unless you want some snide insinuating that you're favouring a particular race because you are one