The Breakfast Club - Front Page News: Canada Wildfires Cover NYC Areas Causing Toxic Air Quality

Episode Date: June 9, 2023

Canada Wildfires Cover New York City Areas In Apocalyptic Haze Causing Toxic Air QualitySee omnystudio.com/listener for privacy information.

Good morning, everybody. It's DJ Envy, Charlamagne Tha God. We are The Breakfast Club. Of course, we got our guest co-hosts, Carlos Miller and Nav Green. And let's get in some front page news. Good morning, Taz. Good morning, DJ Envy and 85 South in the building, Charlamagne Tha God. Peace, Taz. Carlos and Nav. Yeah, yeah. Let's get right into it. The Nuggets won last night, 109-94. They beat the Heat. They lead the series 2-1.

And let's jump into it the debt ceiling deal gives uh a deadline on student loan repayment why don't they just take care of all student loans let all the kids just go to college for free yeah well that's what the progressives have been asking for and will continue to ask for repeatedly but they're being ignored unfortunately but uh for more than three years tens of millions of federal student loan debt holders haven't had to think about paying for those student loans but that is ending very. So you guys remember that the debt ceiling deal negotiated between President Joe Biden and House Speaker Kevin McCarthy that they just negotiated was about a week or so ago. One of the things that came out of that is now millions of

former students will have to repay their loans again in August. Now, as a side note, a partial loan forgiveness, speaking to your point, DJ Envy, is currently waiting for the ruling in the Supreme Court. So we should know something on that by June 30th. But depending on how that goes, you basically need to prepare to pay those student loans again, starting on August 29th. So bottom line is the payments are starting to be you know, they're going to come back. It came from the COVID relief, a lot of COVID relief funds and people need to start preparing to pay that

payment again. I've been paying mine all along because I knew it wasn't going to last, but start preparing. I don't think everybody should pay. I think like if they've been waiting this long and they've been stalling them out, we just got to collectively not pay them all together. So they'll just keep rolling it over. That might work.

Yeah. That affects people's credit. They ain't got it. They ain't got it. People ain't affect people's credit. I mean, that's how we got it. Yeah.

But the problem is, is that it affects your credit though, right? Even though you ain't paying your loan, but then when you try to buy something else, a house or a washer and drive from Sears. You can't buy a house anyway now. Exactly.

You don't have enough money to pay the student loan. You can't pay the mortgage. Right. They always say that about your credit. They always say you won't be able to buy something you can't afford anyway house anyway now. Exactly. You don't have enough money to pay the student loan. You can't pay the mortgage. Right. They always say that about your credit. They always say you won't be able to buy something you can't afford anyway. Nobody cares about credit. If you're not using that degree, you shouldn't be paying anyway. We black, they won't give us no credit anyway.

If you're not using your degree, you shouldn't have to pay it anyway. If you didn't graduate, you shouldn't have to pay. I did two semesters. I've been new. I wasn't going to pay. Hey, that's a good point I never thought about. If you if you if you got a degree in something, but you can't get a job. Right. You shouldn't. You really shouldn't have to pay. But if you got a degree and you get a job in that field, then you should probably have to pay it back. And don't be sure to pass it on over to the house.

I don't think that works like that. But just because I know we have a lot of those conversations about what do you use a degree for? And I just want to say when I owned a staffing firm, I had 300 employees. A lot of times the degree is not, a lot of people don't get degrees in their field, but employers do look at a degree as more than just what you're specializing in, but more so were you able to complete a large project? You know, were you able to start something and go all the way, you know, to the end, 120 hours or so? So degrees are not always necessarily your discipline, meaning what you specialize in,

but also looked at, you know, can you start and complete a project? So really college degrees now are looked at as high school diplomas to a lot of employers. But to your point, if you're not using it, why still have to pay, you know, $50,000 to $60,000 in student loan debt? But I did want to unpack quickly the Supreme Court ruling so people know the difference. June 30th, again, that is in the Supreme Court. That is where

Joe Biden did ask to cancel $20,000 of student loans for about 44 million uh americans so that's held up in the uh the supreme court right now but this what i'm talking about on the pause of the student pause the student uh dead pause came out of the covid emergency relief fund so two totally different things with a conservative lean in court i don't anticipate them forgiving those loans so again just prepare to start paying that loan again in August. Well, God bless everybody about to get another bill. You know what I mean?

And I just want to tell people if you're out there and you're about to get married and your spouse or your husband has a student loan, that automatically connects you. So what you're saying, you're trying to discourage marriage?

No, I'm just telling people that because a lot of people don't know. And then when you get married and you think you're getting your income tax back and then you don't get your income tax back because the government takes it

and puts it towards your student loan. That happens. Now you got to go stay back with your mom yeah you married people get a deferment if you can i'll break this down a little bit deeper on my podcast this week because there are a couple of things that i do want people to know that we don't have time to get into but uh you can get deferments you can get you know say that you're not able to pay there's ways that you can kind of extend that. And you can always go back to school as well and get another degree. Man, go get a trade, man. Go learn how to do something with your hands. Become a mechanic. Age back.

You know what I'm saying? Go learn to trade, man. That's what translating the money fast. Ask for the settlement. You know when they call them like you got some money, dude. You be like, look, how much is to get rid of today and they'll put you on hold

and they'll come back and they be like look you owe us $14,000 but if you make a payment for $750 a day we'll just go they just sell all of you and speak my money I want to get this second story in

because I've been pushing it off the last couple of days because we've had more important stories. But this is important because it's not a day that goes by that somebody doesn't call in talking about Cash App. I want to give you guys a notice from the Consumer Financial Protection Bureau. They said that do not hold your money in PayPal, Cash App, Vimeo for an extended period of time. They said that it could possibly be at risk during a crisis. And what we're looking at now, New York could possibly be a crisis. So the alert is coming from the Silicon Valley Bank when they just had all of the issues with the bank.

They're saying that that money in your cash app is not insured. So they have issued a warning saying basically don't leave it over sitting there for a long period of time. Now, Cash App has responded saying, no, your money's all good with us. We don't know what they're talking about. So I'm just letting you know. That sounds like Cash App.

The Consumer Financial Protection Bureau is saying. That sounds like what Cash App is saying. Yeah, they're saying you take your money out. So just guys, so that you know, Cash App is not a bank. According to the Consumer Financial Protection, that money's not insured. You know, so if something happens, you might lose your bread.

And what that mean, keep money in Cash App? Because I'm always in Cash App. Everybody don't have, you know, like accounts. So they'll just keep their money in Cash App and get money put in and pay everything from there. Yeah. Instead of you transferring it to your bank, it stays in your Cash App account. And you'll send it out like, you know, when you need to. Yeah, it to your bank it stays in your cash app account and you'll send it out like you know when you need to yeah it's your easier the problem with cash especially for those who are not interested in having you know money tracked a you know dope dealers uh but you

know people don't everybody don't have their bank account you gotta be a knowledge dope dealer to send money through cash if you're a dope dealer a cash app, you're going to prison. I'm telling you that right now. Hey, what if they put the 4 4 to 3 5? When she said cash app is not a bank, I heard somebody from cash app saying that's cap. The major problem with cash app is there's no phone number

for them. So if there's an issue or problem, you can't even get anybody on the phone. Remember that one time I sent somebody the wrong, I sent somebody else, I think like $7,000. I sent somebody I thought you meant to do that. Cash app? I didn't know you could cash app. Because they were in another city and they were doing work on a house that I had. So I sent them the money, but

it was like one number off. Boy, you rich. That's real. You wouldn't use PayPal? No, it was Cash App, I think it was. He had to. At least PayPal got a little bit of tracking. But PayPal and Cash App are actually connected to the same organization, which I didn't know. Wow. So there is no number.

So if you're trying to get your money back or you sent money to the wrong person, it's hard to get back. I got it back, but it took a long time. I had to scream and shout and get on this radio. That's $70. With $7070 I double checked by eight times I was like never mind you requested for me it was so long but that was before the request it wasn't a request at that time it was you just had the you know and then somebody had stupid numbers it was eight three two four dollar signs six nine two and I had one number somebody

saw them seven thousand coming hey. Hey, we up. Somebody requested 400 from me right now. Somebody named Lebowski is requesting 400 from me right now. That me. You ain't getting it. All right. Well, that is your front page news. Thank you, Taz. Absolutely.

My God, be working. I knew listening to the purpose of it was going to pay off. I just wanted trivia. I just wanted trivia. I got all these mixtapes.