Mike Pierce

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Mike Pierce

Mike Pierce

@millennial_debt

I tweet about debt. Now: ED @borrowerjustice & @borrowersaction, co-founder @UC_SLLI | Then: @CFPB @RepSarbanes @theSBPC (He/Him)

ATL & DC (& Baltimore@❤️) Katılım Eylül 2009
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Mike Pierce
Mike Pierce@millennial_debt·
This is going to be an absolute catastrophe when the music stops. Our economy's transition from debt-financed homeownership to debt-financed groceries and healthcare is *the* story of the post-COVID era.
More Perfect Union@MorePerfectUS

21% of Americans surveyed this month took out a buy now, pay later loan, and at least 41% considered applying for one — the highest level since LendingTree began tracking buy now, pay later behavior in 2021.

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Mike Pierce
Mike Pierce@millennial_debt·
RT @kennybauf: ladies & gents, the united states department of education
Mike Pierce tweet media
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Julie Margetta Morgan
Julie Margetta Morgan@jmargetta·
The thing is, changing agencies doesn’t change the facts. People can’t pay their loans because Donald Trump is bleeding families dry with high prices. Until the Administration takes that seriously, student loan borrowers will continue to struggle.
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Ben Kaufman
Ben Kaufman@kennybauf·
Afroman Was Practicing Politics the Right Way
Count Dankula@CountDankulaTV

The Afroman Trial. -Cops raid Afromans house for bullshit reasons. -Steal money, break his door, fuck his house up. -No criminality found whatsoever, no charges at all pressed on Afroman. -Afroman spends the next 3 years making songs that make fun of all the officers involved by name, even using footage of the raid from his own CCTV cameras. -Songs had titles like "Randy Walters is a son of a bitch" and "Lick Em Low Lisa" accusing one of the officers of being a lesbian and sleeping with the other officers wives. -During the raid one officer looked like he was about to eat some lemon pound cake sitting on Afromans counter, Afroman made a whole album calling the officer fat. -The cops get mad and file a lawsuit for defamation. -Afroman turns up to court in a whole American flag suit. -Officers performatively mald and cry while listening to the songs really trying to oversell how badly the songs upset them. -One officer was suing because Afroman made a whole song about him saying he was fucking the officers wife. When the officer was asked if Afroman was really fucking his wife, he said "I don't know". Nuking his own case and establishing that there is a non-zero chance that Afroman might actually be fucking his wife. -As his only witness for the trial, Afroman brought a deputies EX FUCKING WIFE. -The jury ruled completely in favour of Afroman. This entire thing has been a great win for free speech and absolutely fucking hilarious.

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Mike Pierce retweetledi
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"Cutting taxes doesn’t build a single pediatric practice or open a single new child care slot. And if essential services disappear, a modest tax cut cannot replace them." great piece from @KristenCrowell1
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Mike Pierce retweetledi
Mike Pierce retweetledi
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Millennials are the elite generation because they cranked out 12-page essays the night before they were due. No ChatGPT. No Claude. Just lo-fi beats playing in the background, Black coffee at midnight, footnotes that were somehow correct, and pure delusion. Grade was an A minus.
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Alex Jacquez
Alex Jacquez@AlexSJacquez·
Remember that 20 million people saw their health care premiums double because $30 billion was too expensive.
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Julie Margetta Morgan
Julie Margetta Morgan@jmargetta·
More than a hundred million Americans can't pay off their credit card balances, the war with Iran is jacking up families' monthly bills, and the head of the National Economic Council is saying consumers are "the last of our concerns right now."
Aaron Rupar@atrupar

Hassett: "If the war were to be extended, it wouldn't really disrupt the US economy very much at all. It would hurt consumers, and we'd have to think about what we'd have to do about that, but that's really the last of our concerns right now."

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Protect Borrowers
Protect Borrowers@BorrowerJustice·
Our new analysis w/ @TCFdotorg of consumer credit panel data shows how the affordability crisis is pushing families further into debt. 111 MILLION people—40% of U.S. adults—can't afford to pay credit card bills in full while banks rake in record profits. tcf.org/content/report…
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Mike Pierce
Mike Pierce@millennial_debt·
For a deeper dive into Americans’ credit card debts and what it means for families struggling to keep up with rising prices, check out “Interest Nation,” a BRAND NEW @BorrowerJustice @TCFdotorg joint by the phenomenally talented @jennzhang_ and @Edi_Nilaj.
The Century Foundation@TCFdotorg

NEW 📺: This morning, we released a new report with @BorrowerJustice on the shocking amount of credit card debt American families have incurred just trying to make ends meet and the way interest rates are lining the pockets of credit card bankers. More from @GMA 🔽

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Julie Margetta Morgan
Julie Margetta Morgan@jmargetta·
This new report from @TCFdotorg and @BorrowerJustice isn't only about cost of living in America. It's about an economy where our leaders think they only the top 10% need to thrive in order to keep the economy strong. Everyone else becomes fodder for big bank profit margins
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Alex Jacquez
Alex Jacquez@AlexSJacquez·
Two kinds of people. Those who look at this person with disdain and those who correctly understand this is the beautiful median voter we can win back with bold economic populism.
Republicans against Trump@RpsAgainstTrump

Reporter: If you could say something to Trump, what would it be? PA voter: You’re a worthless pile of sh*t. Reporter: How many times did you vote for him? PA voter: 3 times. That was my bad. Apparently I’m an idiot.

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Julie Margetta Morgan
Julie Margetta Morgan@jmargetta·
This is a great video on Trump's giveaways to the credit card industry. @TCFdotorg's report out today with @BorrowerJustice shows that Trump's failed promise on capping interest rates is costing cardholders $368 million every day! tcf.org/content/report…
Robert Reich@RBReich

Trump promised a cap on credit card rates. Instead, he delivered a giveaway to credit card companies at your expense. Former CFPB Director Rohit Chopra (@ChopraUSA) explains.

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