Midknight Review -- new and revised: Just to be clear about the interest rate on student loans . . . .

Student debt (red) has gone wild compared to
household debt. Obviously, this is a problem of
such magnitude that it may require a collective
effort to solve. What we can't do, however, is
throw money at this problem without dealing
with the core issues. What changed in 2002?

Just to be clear about the interest rate on student loans . . . . the 2007 tax law passed by a Democrat House and Senate, included a scheduled doubling of the interest rates to our nation's student population, a doubling that was to go into effect in July of 2012.

Let me repeat -- it is/was the 2007 Democrats' fault for their decision to use the pain of our collegiate student body as a campaign gimmick for 2012. They (the Dems) could have solved this problem on their own, without GOP help, in 2009, but chose not to. More than this, the Senate Finance Committee included freshman/novice Senator, Barack Hussein Obama. He supported this law but took the occasion to absent himself on two votes and didn't even bother to show up for the final vote.

And now, they - Barack Hussein and the dim Dems - need Republican help to solve the problem they, the Dems created on their own.

In the end, the real political issue will not be about extending the reduced interest rates. The Republicans are all for that eventuality. Rather, the challenge will center itself around the problem of paying for this favor to our cash-strapped youth.

We all see this coming. Will the Dems be successful in branding the GOP [again] as "wacko" for wanting to pay for this "freebie" policy? Has the GOP learned anything in dealing with the childish Democrat strategy? Time will tell and soon.

The Stated Nonsense from the Left now includes these Progressive goals:

July 2, 2008, Obama had this to say: "We cannot continue to rely only on our military in order to achieve the national security objectives that we've set. We've got to have a civilian national security force that's just as powerful, just as strong, just as well-funded."

MICHELLE OBAMA: "Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we're going to have to change our traditions, our history; we're going to have to move into a different place as a nation."

“ . . . . . . they have become a generation of activists possessed with that most American of ideas – that people who love their country can change it.” -- Obama the Radical

On September 30, Van Jones told MSNBC "I think everybody should hold onto your seats. October is going to be the turning point when it comes to the progressive fight back."

Midknight Review -- new and revised

Just to be clear about the interest rate on student loans . . . .

No comments:

Post a Comment

copyright policy of the original Midknight Review