Remember Manti Te'o? He was a college athlete catfished by a trans man. Netflix released a new documentary where - SHOCKER- they sided with the trans man. Also, Joe Biden announced his student loan bailout on Wednesday. Sure it's unconstitutional, illegal, and screws the middle class, but those aren't even the offensive parts! And Lady Gaga poker faceplants claiming Texas is turning blue.

LADY GAGA WANTS TO TURN TEXAS BLUE

• At her Arlington concert Tuesday night, Lady Gaga went on a rant and told the crowd to turn Texas blue. SOURCE: YouTube
  • Texas is still red, but trending purple.
• One reason Texas is trending purple is because of an influx of out-of-state residents, mostly from Cali. SOURCE: KHOU
  • Since 2008, 700k Californians have moved to Texas. SOURCE: ABC10
• Why are people fleeing California? SOURCES: LATimes, 360Training, ZillowCali, ZillowTexas
  • CA homicides riding a 15-year high.
  • CA state taxes 13.3%, sales tax 10%; TX no state tax, sales tax 8%
  • Average home prices in California are over TWICE that of Texas.
    • California $788k
    • Texas $315k
  • From 2018-2021, 1M people applied for a TX driver’s license.
  • 161,456 from California.
• But who’s helping to keep TX red? Latinos! SOURCES: WSJ Governing Politico
  • In 2020 Trump flipped Zapata County red for the first time in 100 years. SOURCE: Politico
    • Zapata County is 94% Hispanic or Latino.
  • In the 2022 midterm primary, the GOP doubled turnout in the Rio Grande Valley. SOURCE: SanAntonioReport
  • Rio Grande Valley is 93% Hispanic. SOURCE: RGVHealthConnect
• Later in her concert, Gaga said: SOURCE: HoustonChronicle
  • "Maybe I brought this up and you're thinking, 'This is not for me, I do not want to talk about this right now,' and you may not agree but guess what? I don't know that this is about what you believe,"
  • "This is about keeping people safe so sometimes we have to put aside what we believe."
• “Safety” is more important than what you believe?
  • This is a Californian ideal, not a Texan one.
• SOLUTION: Texans need to get out and vote this election cycle.
  • Abbott currently ONLY leads O’Rourke by 6.8 points in the governor race. SOURCE: RCP
  • He won in 2018 by 13 points.
• Republican state legislatures should highly consider a carpetbagger tax.

BIDEN CANCELS STUDENT DEBT

• On Wednesday, Biden announced he would unilaterally cancel $10K in federal student loan debt for most borrowers. SOURCE: CNBC
  • THIS WILL COST TAXPAYERS $2,000 EACH
  • UNIVERSITIES WILL JUST INCREASE TUITION
  • According to the White House, this means 20M people will have their entire debt canceled. SOURCE: CNBC
• The Biden Admin. is making some insane claims about this executive order, and they’re all B.S.

CLAIM #1: The President has the power to forgive federal student loan debt.

• Supporters say Congress granted the President this power under the Higher Education Act of 1965. SOURCE: Forbes
• TRUTH: The President has no such authority.
  • Nancy Pelosi said, SOURCE: NYP
    • “President Biden’s bold action is a strong step in Democrats’ fight to expand access to higher education and empower every American to reach fulfillment.”
  • But a few months ago, she said Biden didn’t have the power to do this. SOURCE: Twitter
• SCOTUS may also be able to block the move based on the nondelegation doctrine. SOURCE: Forbes
  • Even if Congress delegated authority to the executive branch, it might be unconstitutional.
  • Congress can’t delegate the “power of the purse” to the executive.

CLAIM #2: Student loan forgiveness will benefit the working class and minorities.

• TRUTH #1: Most borrowers are upper-middle or upper-class Americans. SOURCE: AustinStatesmen
  • American households earning over $74k hold about 60% of all student loan debt.
  • Households earning $35k or less hold about 20% of total public student loan debt.
• The median income for those currently making payments is $86,500. SOURCE: Brookings
  • Only 4% are in poverty.
• Households with graduate degrees hold 56% of all student loan debt. SOURCE: Brookings
• TRUTH #2: Most borrowers are white.
  • 66% of people making payments on loans are white.
    • COMPARE TO: Black - 18%
    • COMPARE TO: Hispanic - 6%
• TRUTH #3: It redistributes wealth from those that paid off loans or never took them in the first place.
  • Plus, those that chose to enter the armed forces.
• But the Dems don’t really care, as evidenced by Sen. Warren’s comments back in 2020. SOURCE: Twitter

CLAIM #3: Forgiving student loan debt won’t impact inflation.

• TRUTH #1: It will certainly make inflation worse.
  • A massive influx of new cash will make YOUR money worth less. SOURCE: Reuters
  • It will be impossible for supply to catch up and this = inflation.
• TRUTH #2: College tuition will increase.
  • This will INCENTIVIZE schools to increase tuition.
• A New York Federal Reserve study found that an increase in subsidized loans resulted in tuition hikes of 60 cents on the dollar. SOURCE: FederalReserveofNewYork
• TRUTH #3: Taxes will go up for everyone.
  • The Penn Wharton School estimates the plan will cost $329.1 billion over 10 years. SOURCE: CNBC
  • This will cost the average taxpayer around $2,000.
• CONCLUSION: You might wonder why Dems are so gung-ho on a policy that will only help 13% of Americans.
  • Nate Silver summed it up quite nicely. SOURCE: Twitter
    • “[...] while other policies would be more economically progressive, it fairly efficiently redistributes well-being toward people in the Democratic coalition.”
    • “Youngish, middle-class-ish college/grad school attendees = a *very* D group.”
• And this isn’t the end of student loan “cancelation.”
• Leftists are already demanding MORE.
  • Rashida Tlaib: SOURCE: Twitter
    • “I will continue to push for education debt cancellation of $50k or more…”
  • Nina Turner: SOURCE: Twitter
    • “Canceling $10,000 in student debt when the average white borrower is $12 ,000 in debt, while Black women hold on average over $25,000 isn’t just unacceptable, it’s structural racism.”
  • Bernie Sanders: SOURCE: Twitter
    • “...let's be clear, we've got to do more. Education, from pre-school to graduate school, must be a fundamental right for all, not a privilege for the few.”
  • AOC: SOURCE: Twitter
    • “Student loan debt is immoral.”
• And you won’t hear these criticisms anywhere because Big Tech (Facebook) is already censoring it! SOURCE: Twitter
  • "WOW: @facebook says our post about paying back loans violates their ‘community standards.’”

GERALD KNOWS SPORTS: MANTI TE’O

• Netflix just released a documentary on the story of Notre Dame legend Manti Te'o and his ‘fake girlfriend,’ and it’s wild! SOURCE: YouTube
• After the hoax was revealed, Te’o was fried in the media. SOURCE: YouTube
• Te’o fell to the early second round of the draft, costing him approximately $4M. SOURCE: CelebrityNetWorth
• The catfisher, Ronaiah Tuiasasopo, was treated with kid gloves in doc because he’s trans.
  • Pay attention to how Netflix portrays him here, talking about his coming out and the hoax. SOURCE: Netflix
  • Netflix ran a disclaimer before the show about him being trans.
• For his part, Manti has come out stronger and showed grace and forgiveness, no doubt as a credit to his upbringing. SOURCE: Netflix

MISC.

• Students at Denver South High School were shown a video explicitly warning them not to call the police.