Friday, October 28, 2011

Obama buys votes with a student loan scam

Obamao's student loan fraud: He thinks he can buy the votes of college students at a mere $4 to $8 per month.

He's probably right. After all, many of today's students and graduates are incapable of rationally processing information because they are getting worthless degrees in bitterness and victimhood (ie "Liberal" Arts such as Women's Studies, Social Inequality Studies, Black Studies, Gender Confusion Studies, Native American Studies, Diversity Studies, Sensitivity Studies, and other Pitty-Me Studies.)

See "Occupy Wall Street" for an assembly of these people with an unemployable education.

While I would expect Obamao to exploit his "useful idiot" support base, his scheme is a slap in the face of those who have paid or are paying their student loans as contracted. It is a slap in the face of those who managed to work their way through college (as their parents did), without debt. Obamao is implying that the responsible students are fools.

If Obamao really wants to fix the problem he needs to work with Congress to get the central government out of education:
• The skyrocketing cost of education parallels the introduction and growth of the US Department of Education.
• The soaring cost of education is fueled by easy student loans. Students and parents perceive borrowed money as free money and fail to wisely shop for the best value in education. Colleges exploit this distortion of the free market knowing students and parents don't look at the total debt that will be accumulated.
• The plummeting quality of education began with the introduction and growth of the US Department of Education.
• The central government has no constitutional authority to intrude into education.

The 53 percent of taxpaying Americans (which includes college graduates with real degrees) do not owe college students anything. Obamao has no right or legitimate authority to write a check at the expense of those hard-working 53%. Instead, today's college students and graduates owe it to themselves and to society to grow up! This isn't an economic problem. It's cultural.

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