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	Comments on: Judge: Oberlin must post $36 million bond to appeal	</title>
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		<title>
		By: wayne		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/judge-oberlin-must-post-36-million-bond-to-appeal/#comment-1069310</link>

		<dc:creator><![CDATA[wayne]]></dc:creator>
		<pubDate>Sat, 27 Jul 2019 12:53:27 +0000</pubDate>
		<guid isPermaLink="false">https://behindtheblack.com/?p=59694#comment-1069310</guid>

					<description><![CDATA[Col Beausabre-
again-- great stuff.

Personally, both my wife &#038; I paid back our student loans, and my daughter graduated with a PhD in research-pharmacology, debt-free. (For the grand-daughter, if she goes somewhere I approve, I&#039;m ready to fund it all myself.)

What we need--- massive claw-backs on that $1.5T in debt. 99% of that money went to America-hating colleges &#038; universities, with overpaid tenured professors (who are also America-haters.)
If these colleges had to actually earn-their-keep, they would have went bankrupt a long time ago.]]></description>
			<content:encoded><![CDATA[<p>Col Beausabre-<br />
again&#8211; great stuff.</p>
<p>Personally, both my wife &amp; I paid back our student loans, and my daughter graduated with a PhD in research-pharmacology, debt-free. (For the grand-daughter, if she goes somewhere I approve, I&#8217;m ready to fund it all myself.)</p>
<p>What we need&#8212; massive claw-backs on that $1.5T in debt. 99% of that money went to America-hating colleges &amp; universities, with overpaid tenured professors (who are also America-haters.)<br />
If these colleges had to actually earn-their-keep, they would have went bankrupt a long time ago.</p>
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		<title>
		By: Col Beausabre (Who paid for his education by serving 25 years in the US Army)		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/judge-oberlin-must-post-36-million-bond-to-appeal/#comment-1069306</link>

		<dc:creator><![CDATA[Col Beausabre (Who paid for his education by serving 25 years in the US Army)]]></dc:creator>
		<pubDate>Sat, 27 Jul 2019 07:44:31 +0000</pubDate>
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					<description><![CDATA[The discrepancy between the $32M I quote and the #36M in Bob&#039;s story is that in the later, the judge has included anticipated interest until the appeals process ends on the $32M the Gibsons would get today if the judgment is not contested. 

PS Oberlin parents are paying $55K a year for this. And if the Left has it way, the US taxpayers will be, since you&#039;ll be the one paying once $1.4T in student debt is &quot;forgiven&quot; (paid by you - every penny is guaranteed by the US government and yes, it WILL be paid to the bond holders who fronted the money for these loans. Or the US economy collapses. The Left can&#039;t wave a magic wand and throw some pixie dust and make it disappear, it must be paid by someone. Feel the target on your back?). And oh, the biggest debtors happen to be doctors and lawyers and payrents who are doctors and lawyers. The Hill reports &quot;About a third of education debt is held by the richest 25 percent of households, much of it for degrees in medicine, law and business&quot;.  Federal law caps total undergraduate student loans at $60K per individual. Loans for graduate and professional degrees - which normally lead to higher, some times much higher incomes than the normal college graduate - have no cap at all.  All of which demonstrates that &quot;student loan forgiveness&quot; is hardly to &quot;equalize&quot; American society by helping the poor for a step on the ladder leading upwards, it&#039;s a bail out for the upper middle class.]]></description>
			<content:encoded><![CDATA[<p>The discrepancy between the $32M I quote and the #36M in Bob&#8217;s story is that in the later, the judge has included anticipated interest until the appeals process ends on the $32M the Gibsons would get today if the judgment is not contested. </p>
<p>PS Oberlin parents are paying $55K a year for this. And if the Left has it way, the US taxpayers will be, since you&#8217;ll be the one paying once $1.4T in student debt is &#8220;forgiven&#8221; (paid by you &#8211; every penny is guaranteed by the US government and yes, it WILL be paid to the bond holders who fronted the money for these loans. Or the US economy collapses. The Left can&#8217;t wave a magic wand and throw some pixie dust and make it disappear, it must be paid by someone. Feel the target on your back?). And oh, the biggest debtors happen to be doctors and lawyers and payrents who are doctors and lawyers. The Hill reports &#8220;About a third of education debt is held by the richest 25 percent of households, much of it for degrees in medicine, law and business&#8221;.  Federal law caps total undergraduate student loans at $60K per individual. Loans for graduate and professional degrees &#8211; which normally lead to higher, some times much higher incomes than the normal college graduate &#8211; have no cap at all.  All of which demonstrates that &#8220;student loan forgiveness&#8221; is hardly to &#8220;equalize&#8221; American society by helping the poor for a step on the ladder leading upwards, it&#8217;s a bail out for the upper middle class.</p>
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		<title>
		By: Cotour		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/judge-oberlin-must-post-36-million-bond-to-appeal/#comment-1069272</link>

		<dc:creator><![CDATA[Cotour]]></dc:creator>
		<pubDate>Fri, 26 Jul 2019 17:50:22 +0000</pubDate>
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					<description><![CDATA[If Oberlin indeed does own a Modigliani nude then it does seem that their problems if push comes to shove are solved, with a tidy bit left over. 

https://www.cnbc.com/2018/04/24/modigliani-nude-estimated-to-sell-for-150-million-at-spring-auctions.html

All they seem to have are problems (all first world problems)]]></description>
			<content:encoded><![CDATA[<p>If Oberlin indeed does own a Modigliani nude then it does seem that their problems if push comes to shove are solved, with a tidy bit left over. </p>
<p><a href="https://www.cnbc.com/2018/04/24/modigliani-nude-estimated-to-sell-for-150-million-at-spring-auctions.html" rel="nofollow ugc">https://www.cnbc.com/2018/04/24/modigliani-nude-estimated-to-sell-for-150-million-at-spring-auctions.html</a></p>
<p>All they seem to have are problems (all first world problems)</p>
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		<title>
		By: Elsa		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/judge-oberlin-must-post-36-million-bond-to-appeal/#comment-1069269</link>

		<dc:creator><![CDATA[Elsa]]></dc:creator>
		<pubDate>Fri, 26 Jul 2019 17:24:19 +0000</pubDate>
		<guid isPermaLink="false">https://behindtheblack.com/?p=59694#comment-1069269</guid>

					<description><![CDATA[Oberlin is in possession of a Modigliani nude that could go for as high as $150 million, based on a similar piece that sold at auction last year. That&#039;s what I&#039;d seize.]]></description>
			<content:encoded><![CDATA[<p>Oberlin is in possession of a Modigliani nude that could go for as high as $150 million, based on a similar piece that sold at auction last year. That&#8217;s what I&#8217;d seize.</p>
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		<title>
		By: Brian		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/judge-oberlin-must-post-36-million-bond-to-appeal/#comment-1069262</link>

		<dc:creator><![CDATA[Brian]]></dc:creator>
		<pubDate>Fri, 26 Jul 2019 13:19:55 +0000</pubDate>
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					<description><![CDATA[Gibson College has a nice ring to it]]></description>
			<content:encoded><![CDATA[<p>Gibson College has a nice ring to it</p>
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		<title>
		By: wayne		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/judge-oberlin-must-post-36-million-bond-to-appeal/#comment-1069260</link>

		<dc:creator><![CDATA[wayne]]></dc:creator>
		<pubDate>Fri, 26 Jul 2019 12:59:58 +0000</pubDate>
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					<description><![CDATA[Col Beausabre-
Great Stuff! (I&#039;d seize the Alumni fundraising computer&#039;s &#038; database, the Student center, and attach liens on tenured professors paychecks &#038; pensions...)


a repeat from another thread:

 &quot;Race Madness At Oberlin College&quot;
 Richard A. Epstein/Hoover
Monday, June 24, 2019
https://www.hoover.org/research/race-madness-oberlin-college]]></description>
			<content:encoded><![CDATA[<p>Col Beausabre-<br />
Great Stuff! (I&#8217;d seize the Alumni fundraising computer&#8217;s &amp; database, the Student center, and attach liens on tenured professors paychecks &amp; pensions&#8230;)</p>
<p>a repeat from another thread:</p>
<p> &#8220;Race Madness At Oberlin College&#8221;<br />
 Richard A. Epstein/Hoover<br />
Monday, June 24, 2019<br />
<a href="https://www.hoover.org/research/race-madness-oberlin-college" rel="nofollow ugc">https://www.hoover.org/research/race-madness-oberlin-college</a></p>
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		<title>
		By: Col Beausabre		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/judge-oberlin-must-post-36-million-bond-to-appeal/#comment-1069259</link>

		<dc:creator><![CDATA[Col Beausabre]]></dc:creator>
		<pubDate>Fri, 26 Jul 2019 12:45:14 +0000</pubDate>
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					<description><![CDATA[The court order was dated July 24th, so Oberlin has until the 31st (presumably close of business, usually 5PM local time) to comply. If it does not, not only is the appeal tossed, but Gibson&#039;s can begin seizing Oberlin&#039;s assets to satisfy the debt.

&quot;The compensatory and punitive damages of $25 million (after reduction for tort reform caps), plus the over $6.5 million in attorney’s fees and costs, put Oberlin College almost $32 million in debt to Gibson’s Bakery and its owners.

Absent some judicial action, the next step would have been for the Gibsons to execute on the judgment, meaning start collecting the money through post-judgment remedies, such as seizing bank accounts and physical property.

Oberlin College, which intends to appeal once post-trial motions are over, obviously doesn’t want its bank accounts, computer equipment, and er, Dean of Students’ office furniture, seized just as the freshman class was arriving&quot;

I think I would seize $32M in Oberlin real estate (Main admin building? Dining hall? Some dorms? Imagine being an incoming freshman and finding out your dorm is locked and sealed by the sheriff or there is nowhere to eat) then make them pay an exorbitant rent in order to use it.]]></description>
			<content:encoded><![CDATA[<p>The court order was dated July 24th, so Oberlin has until the 31st (presumably close of business, usually 5PM local time) to comply. If it does not, not only is the appeal tossed, but Gibson&#8217;s can begin seizing Oberlin&#8217;s assets to satisfy the debt.</p>
<p>&#8220;The compensatory and punitive damages of $25 million (after reduction for tort reform caps), plus the over $6.5 million in attorney’s fees and costs, put Oberlin College almost $32 million in debt to Gibson’s Bakery and its owners.</p>
<p>Absent some judicial action, the next step would have been for the Gibsons to execute on the judgment, meaning start collecting the money through post-judgment remedies, such as seizing bank accounts and physical property.</p>
<p>Oberlin College, which intends to appeal once post-trial motions are over, obviously doesn’t want its bank accounts, computer equipment, and er, Dean of Students’ office furniture, seized just as the freshman class was arriving&#8221;</p>
<p>I think I would seize $32M in Oberlin real estate (Main admin building? Dining hall? Some dorms? Imagine being an incoming freshman and finding out your dorm is locked and sealed by the sheriff or there is nowhere to eat) then make them pay an exorbitant rent in order to use it.</p>
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		<title>
		By: Phill O		</title>
		<link>https://behindtheblack.com/behind-the-black/points-of-information/judge-oberlin-must-post-36-million-bond-to-appeal/#comment-1069250</link>

		<dc:creator><![CDATA[Phill O]]></dc:creator>
		<pubDate>Fri, 26 Jul 2019 04:20:39 +0000</pubDate>
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					<description><![CDATA[Good on the judge!

Bet he faces all kinds of intimidations!]]></description>
			<content:encoded><![CDATA[<p>Good on the judge!</p>
<p>Bet he faces all kinds of intimidations!</p>
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