Obama a Partisan President

[Matt J]

At least learn the difference between socialism and communism. :roll:

Communism A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people. BELIEVE THIS SOUNDS LIKE THE OBAMA GANG AND HIS FELLOW DEMOCRATS...


so?cial?ism Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy. Sounds like our government since Obama took over, cars, banks, health, college loans, and who knows what else.



Your point?

You seem to love your talking points, but could you point out where Obama took over cars and banks?

As to college loans he didn't take over anything. College Loans are offered under Title IV funding and until this law was passed was offered through a very few private businesses. Those private businesses started out as Federal programs and slowly became private entities.

I'm still not seeing the proof that the government has taken over health care, if they had one would then assume that the health insurance and pharma stocks that have seen a huge increase since the bill was signed are just abnormalities? Who would invest in something that's about to be taken over by the government?

 

[Yzarctoo]

Surely you JEST SWGB

You seem to love your talking points, but could you point out where Obama took over cars and banks?

As to college loans he didn't take over anything. College Loans are offered under Title IV funding and until this law was passed was offered through a very few private businesses. Those private businesses started out as Federal programs and slowly became private entities.

I'm still not seeing the proof that the government has taken over health care, if they had one would then assume that the health insurance and pharma stocks that have seen a huge increase since the bill was signed are just abnormalities? Who would invest in something that's about to be taken over by the government?

Surely you jest SWGB.

Automobile bailouts that make the federal government their boss so to speak, in charge of salaries, bonuses, etc. In fact they are even suggesting cars that they should be built. My tax money was used for this take over by my government.

Banks and financial organizations bailed out, being told by the government now how to run their institutions. Salaries and bonuses dictated by the government. My tax money was used for this bailout and take over by my government.

The student loan overhaul fulfills a long-time goal of Democratic lawmakers to end the bankers' role as middlemen and replace them with direct federal loans and aid to students. ( this little dittie was stuck or rather hidden in a health care bill.) The change will cap college graduates' annual student loan repayments at 10 percent of their income, and awards $2.55 billion to historically black colleges and universities. And why should 'special" schools get such a big bulk of tax payers money....why not take those billions and spread them to all schools.

I also wonder if this "loan takeover" will also not be used to select who gets these loans. I also wonder just how many of these loans willnot be fully paid back by some of the borrowers. The government doesn't have a good record of book keeping or running programs. The funny thing is that the government is already predicting how much money will be saved by this take over and already spending it.

As far as Health Care goes...give it time...give it time...there are so many hidden "Treats and Tricks" in that 2000 + page bill that Obama signed...that had so many special deals tucked into it to get the vote.... that we all are going to be surprised and also hurt by it....just give it time.

 

[Matt J]

Surely you jest SWGB.

Automobile bailouts that make the federal government their boss so to speak, in charge of salaries, bonuses, etc. In fact they are even suggesting cars that they should be built. My tax money was used for this take over by my government.

Banks and financial organizations bailed out, being told by the government now how to run their institutions. Salaries and bonuses dictated by the government. My tax money was used for this bailout and take over by my government.

The student loan overhaul fulfills a long-time goal of Democratic lawmakers to end the bankers' role as middlemen and replace them with direct federal loans and aid to students. ( this little dittie was stuck or rather hidden in a health care bill.) The change will cap college graduates' annual student loan repayments at 10 percent of their income, and awards $2.55 billion to historically black colleges and universities. And why should 'special" schools get such a big bulk of tax payers money....why not take those billions and spread them to all schools.

I also wonder if this "loan takeover" will also not be used to select who gets these loans. I also wonder just how many of these loans willnot be fully paid back by some of the borrowers. The government doesn't have a good record of book keeping or running programs. The funny thing is that the government is already predicting how much money will be saved by this take over and already spending it.

As far as Health Care goes...give it time...give it time...there are so many hidden "Treats and Tricks" in that 2000 + page bill that Obama signed...that had so many special deals tucked into it to get the vote.... that we all are going to be surprised and also hurt by it....just give it time.

No I don't jest, you honestly don't know what you are talking about when it comes to student loans. I can assure you of that.

Do you have sources for any of your claims? I mean other than Glen Beck?

 

[Arkiehawg]

I also wonder if this "loan takeover" will also not be used to select who gets these loans. I also wonder just how many of these loans willnot be fully paid back by some of the borrowers. The government doesn't have a good record of book keeping or running programs. The funny thing is that the government is already predicting how much money will be saved by this take over and already spending it.


And the banking industry does have a good record of book keeping and running programs?

 

[Geo]

In principle, I don't want govt getting bigger and I don't like when unrelated items are bundled together in bills. That said- Other than some folks losing their jobs I don't see any downside to the student loan changes.

 

[Yzarctoo]

Glad you know better than Me, SWGB. (SMIRK)

No I don't jest, you honestly don't know what you are talking about when it comes to student loans. I can assure you of that.

Do you have sources for any of your claims? I mean other than Glen Beck?

I don't believe anyone really knows what is going to really happen with the student loans...hey, most of us didn't even realize that student loans had anything to do with Health Care reform...it was one of those little surprises that showed itself after the bill was signed...and as we unwrap the layers we keep finding another little box of surprises inside. I suggest SWGB that even you were surprised on this one. Hey I don't watch Glen ...I do read the Gov. web page put out by the Obama group...I assume that they know what they are talking about...and what I wrote is my opinion based on what I read on that webpage. Since I am so wrong in your opinion, what reading source would you suggest I use, since you seem to be all knowing in this area?

 

[scooterbug44]

SWGB once worked for Sallie Mae - as a result he is one of the few people who actually understands the whole process and how messed up it is.

Based on some of the stories and IMO predatory tactics I have heard over the years about them, I have absolutely no problem w/ them losing subsidies and this easy way to screw people on technicalities.

 

[Matt J]

Despite the very partisan whining that SallieMae did on the local news, the only reason they'll be shutting down any of there centers will be of their own choosing. SallieMae currently has a portfolio of around $500 Billion worth of government student loans that they will be able to finish servicing. In addition they have twice that in private student loans and the US government can't issue private student loans. For all of SallieMae's whining they'll be fine. There biggest problem was their management and self insured private student loans.

Funny how there stock is doing as of late. SLM Corporation, Common Stock Share Price Chart | SLM - Yahoo! Finance

 

[Andy A]

No I don't jest, you honestly don't know what you are talking about when it comes to student loans. I can assure you of that.

Do you have sources for any of your claims? I mean other than Glen Beck?

I also wonder if this "loan takeover" will also not be used to select who gets these loans. I also wonder just how many of these loans willnot be fully paid back by some of the borrowers. The government doesn't have a good record of book keeping or running programs. The funny thing is that the government is already predicting how much money will be saved by this take over and already spending it.


And the banking industry does have a good record of book keeping and running programs?

While it may not be great, it is sure as hell better than the governments

 

[Matt J]

While it may not be great, it is sure as hell better than the governments

Let me assure you that the US governments financial track record makes them look like money watching hawks compared to SallieMae.