Slappin'-DOWN Another FOR-PROFIT; By OBAMA!!

[Mr. Shaman]

Sorry, folks! Education is SUPPOSED-to-be a LONG-TERM inve$tment...not another "conservative"-style, short-term CA$H-GRAB!!!!​

"The Congressional Budget Office said on Friday that a student loan reform plan backed by Sallie Mae and other lenders might save U.S. taxpayers $17 billion less than one backed by the Obama administration.

The Obama plan has already been approved at the committee level in the U.S. House of Representatives and is headed for a likely vote on the House floor next week.

The student loan industry has been fighting the administration's plan and seeking political support for its own counter-proposal that would preserve a role for the lenders in the student loan system and furnish them steady fee income.

Congress' budget researchers said that after counting expenses needed to make the lender plan viable, budget savings from it "would be about $67 billion over the 2010-2019 period -- in contrast to the net impact of $80 billion in 10-year savings for" the Obama bill."

Gee.....where ELSE could we apply such a blueprint?????????????????

​

 

[ASPCA4EVER]

From Shamans Article:

Congress' budget researchers said that after counting expenses needed to make the lender plan viable, budget savings from it "would be about $67 billion over the 2010-2019 period -- in contrast to the net impact of $80 billion in 10-year savings for" the Obama bill."

Face it Shaman...just attach any brilliant money saving idea to the word President Obama or the Democratic Party and the neerdowells will just either ignore the cost cutting {billions in savings} or twist it into something obscure and insane to just ignite the eternal fires of opposition that is running ramped in Washington D.C.

It's not about unity/working cohesively/what is best for America...it's really something more deeply seated and not quite out in the open
yet lurking just under the surface and highly denied by the 'I HATE OBAMA FANATICS'...he's black and they can't handle it...they 'HATE' him but can't quite explain why...so they cling to that old tried and true mantra;"HE'S A LAIR AND THAT IS ALL I NEED TO KNOW THAT HE'S BAD FOR AMERICA". The sad thing is; he probably would have been better off being a card carrying gay man for the open mindedness that would have allowed before we knew just how many suppressed racists were lurking out there in America in this 21st Century!!!

 

[Andy]

I'm all for it. Cutting student loans has always been a great idea.

 

[Mr. Shaman]

From Shamans Article:


Face it Shaman...just attach any brilliant money saving idea to the word President Obama or the Democratic Party and the neerdowells will just either ignore the cost cutting {billions in savings} or twist it into something obscure and insane to just ignite the eternal fires of opposition that is running ramped in Washington D.C.

....But, they were (just recently) HUGE-fans of the CBO!!!!!

You're suggesting the neerdowells are INCONSISTANT??!!!!!!!!!!

 

[Mr. Shaman]

I'm all for it. Cutting student loans has always been a great idea.

No doubt!!!

WHACKING those unnecessary administrative-co$t$ is a HUGE money-saver!!!!​

 

[TruthAboveAll]

What a concept. The fed just takes over everything, saving tons of money, right? Okay, where does it stop?

Your flawed ideology is what is called Socialism, Communism, Fascism, Marxism... and Totalitarianism - all the same garbage of big government and government control. If you and your mindset are truly winning the day, we are all doomed. Study your history. It doesn't work. Period.

So where in blazes do you propose the money for all this crap is going to come from? You put major industries out of business at the scale you propose, what in the world do you think are going to be the ramifications? Hello U.S., new member of the 3rd world community.

You are sick, sick people, with your brainless color print, explanation points, bold type and funny faces. You retreat again and again to the litany of racist accusations and hate motivation. The only racism and hate is spewing from your fingertips, and quite frankly, I've no desire to attempt to carry on civil discussions with you. Hoping for you to have a moment of insight and decide to discuss issues rather than continue in your blathering hysteria is futile.

**Poof** - back to the ignore list with you, and there you will stay. I wonder where you'll be when you tuck your head between your legs long enough to kiss your arse goodbye.

 

[Andy]

Yeah, but the only way it can really reduce cost is by decreasing the amount of money availible for student loans, which is why the CBO was against it.

Quite frankly, I'm in favor of reducing student loans. The fact Obama can propose something which will cut off students from student loans, and have idiot supporters claim this is a good thing... is great! Granted it shows how hypocritical obama supporters are since if Bush had tried this, they'd be crying about how Bush was harming education.

But I'll take a victory for reducing student loan, any way that I can.

 

[Mr. Shaman]

What a concept. The fed just takes over everything, saving tons of money, right? Okay, where does it stop?

All-ya'-gotta-do is say:

NO!!! I PREFER paying 16% more!!!!!

Eventually....you'll (either) get tired of being laughed-at, by everyone else, or...you'll go broke...paying artificially-inflated prices. Everything's temporary.​

 

[Mr. Shaman]

Yeah, but the only way it can really reduce cost is by decreasing the amount of money availible for student loans, which is why the CBO was against it.

Awwwwwwwww....you've been listening to FAUX Noise, again, HAVEN'T you, Skippy?????

​

"Democratic lawmakers seeking a thorough overhaul of the $92 billion U.S. student loan market were expected to score a win in the days ahead from a favorable finding by the Congressional Budget Office.

With a House of Representatives floor vote anticipated next week, the CBO was expected to say the Democrats' bill would save taxpayers more money than a rival plan being put forward by student loan companies, a congressional aide told Reuters.

The CBO statement will likely mark a turning point in a long-running struggle over the biggest shift in U.S. higher education finance in 35 years."

Skunked, AGAIN, by the OBAMA ADMIN, SKIPPY!!!!!!!!!!!!

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​

"Obama’s proposal, incorporated in legislation sponsored by Miller, would end the 43-year-old Federal Family Education Loan Program that subsidizes and guarantees loans made by private lenders. All government-backed lending would be provided through a separate program, created in 1993, that lets the Education Department make loans directly to students."

No more FEDERAL-SUBSIDIES TO PRIVATELY-OWNED COMPANIES, SKIPPY!!!!

Better tell Mommy & Daddy to DIVEST IN THEIR STUDENT-LOAN RIP-OFF INVESTMENTS!!!!!!!

LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​

 

[ASPCA4EVER]

TOA said: You are sick, sick people, with your brainless color print, explanation points, bold type and funny faces. You retreat again and again to the litany of racist accusations and hate motivation. The only racism and hate is spewing from your fingertips, and quite frankly, I've no desire to attempt to carry on civil discussions with you. Hoping for you to have a moment of insight and decide to discuss issues rather than continue in your blathering hysteria is futile.

**Poof** - back to the ignore list with you, and there you will stay. I wonder where you'll be when you tuck your head between your legs long enough to kiss your arse goodbye.

Why we'll be ROTFLMAO...at you and your insightful comments about a way in which someone type/posts his thoughts...are you so easily distracted {like a great GOP} that the comprehension is befuddling/confusing/mind boggling that you are not able to read any font/type set without getting so irrational...then please do...do us all a favor and just walk on by and ignore.

Your input on this topic was...well it was a great statement for proof about your very own "blathering hysteria" sooooo **POOF** go back to the corner until we jerk your chain.

 

[chestnut]

Sorry, folks! Education is SUPPOSED-to-be a LONG-TERM inve$tment...not another "conservative"-style, short-term CA$H-GRAB!!!!



Gee.....where ELSE could we apply such a blueprint?????????????????

​

The only reason the govt wants to get involved with the student loans, is to put students on the hook for Obama's "volunteerism" campaign.

It's just another attempt to control people. Control the vote.

How many people, will vote for Obama if they get their education loans forgiven for service to Obama. That's the reality.