WASHINGTON PROPOSES $1 TRILLION BAILOUT FOR DELINQUENT STUDENT LOANS. Lord Obama taketh away Pell Grants and giveth bailouts.

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33 Comments on "WASHINGTON PROPOSES $1 TRILLION BAILOUT FOR DELINQUENT STUDENT LOANS"

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I'm With STUPID
Member

Economists disagree with the Spender in Chief.

http://www.cato.org/special/stimulus09/cato_stimulus.pdf

poppajoe49
Member

That’s probably because they studied ECONOMICS, not Communism!

xgman
Member

I think its a good idea to forgive the loans of students who graduated and are working, paying taxes and making their loan payments.

KimmyQueen
Guest

Uhm… I don’t think you know what you are talking about. That COMPLETELY defeats the purpose of getting loans in the first place. When you borrow you have to pay back and you pay it back by working and making the loan payments. If you stop doing that, you should not be forgiven the loan, that is not how it works. Seriously are you being serious right now…?

Not so silent
Member

Ah Kimmy, this guy is here to float trial balloons by order of someone. And besides liberals don’t pay back loans..they want them forgiven and free shit while they are at it. Right now Sandra Fluke is still the poster girl for everything wrong in this country, she is the “Gimme Mama”….

Sidekick
Member

Reread what he wrote. Forgive the loans of those making loan payments. You need to ask if he’s serious? Even if he thinks he is or he is being sarcastic he comes across poorly.

Not so silent
Member

I am thinking a possible poo disturber is amongst us…

Sidekick
Member

Agreed.

Not so silent
Member

Yea great Idea so the rest of us that actually work can take on more dependents…….Why not just forgive everyone’s debt and start over again? No car loans, home loans, business loans, student loans, credit card debt? I mean as long as you are in a fantasy world, might as well fantasize big huh?

Except……………What happens to those of us that pay our debt or have no debt, we get screwed anyway.

I am sure that forgiving everyone’s debt would be a liberal wet dream and would not do anything BAD to the economy would it? I mean the liberals could have everyone in their pocket, right up until The Chinese launch some really big rockets in our direction for defaulting on all that debt.

moudoka
Member

Awesome, now I can tell my dad he had it wrong! I don’t have to work hard and earn my way in life!

*cough* Obama, creating a future generation of idiots, one bailout at a time.

I'm With STUPID
Member

Question for liberals: Do you believe any of your own crap?

Elrond Hubbard
Member

In essence Obama and the Democrats are going to bribe college students for their future votes.

jcrowley1985
Member

Not me, I voted for Ron Paul.

poppajoe49
Member

DUMBASS, Ron Paul doesn’t give a shit about you!

Congressman Paul’s final speech on the House floor before leaving Congress

https://www.youtube.com/watch?v=q03cWio-zjk

jcrowley1985
Member

I saw that, regardless he was still the only candidate who didn’t sell out to Corporate Greed.

flashingscotsman
Member

TD,………….MO.

KimmyQueen
Guest

I ain’t watching all of that he is so boring but good he has got to go…

KimmyQueen
Guest

So…. this means I aint got to pay the rest of my loans off? Dang I was a fool for paying… I should have waited for Progressive Messiah, this is what happens when you lack faith folks, you pay your debts and do what you got to do and be honest and all of that stupid shyat. If I had faith on PM I would have totally be a deliquent right now and get my free money paid off.

deepthinker
Member

Here is suggestion. Let all of those with “studies” in their degree title get a job. OH that is right, they can’t find one. Maybe one of the shovel ready jobs, wrong again they don’t exist either.

It looks like all of those with such high regarded degrees will be moving back in with mom and dad and mooching off them once again.

As for the professors, they all should have to leave academia for at least two years and get a real job in the private sector before obtaining tenure. This experience will allow for them to see what they are teaching is BULL SHIT and worthless. There is theory and then there is reality and the two don’t come any where near each other.

I'm With STUPID
Member

Now that the election is over, Obama reveals he is unwilling to cut ANYTHING and even wants MORE stimulus spending. Told you so.

Navyvet2
Guest

So the people that actually paid back their loans are idiots, right?
So the people the sacrificed and saved up for retirement are idiots right?
So the people that have jobs and support their family are idiots, right?
So the people that bother going to work at all are idiots, right?
Ocommie is just kicking the can down the road and one day soon when the SHTF, they will blame it on Republicans and the Stupids will swallow it.

poppajoe49
Member

Creepy Crowley is already camping out in front of the office where you apply for this freebie.

GhostntheMachine
Member

I saw somewhere the other day in the 3 years since 0bummer ‘nationalized’ the student loan program the cost has risen over 20% (wanna say 22), you tell me who the greedy bastids are.

Sidekick
Member

My daughter went to FSU from 2005-2008. Seven grand all in each year. My son starts college next fall at the University of Central Florida at $15K all in per year. Think there might be a college bubble started by our president?

Not so silent
Member

Actually his mom is camped out there on her Lark Scooter, he is at home on the couch eating Cheeto’s and having Ron Paul Man dreams.

That Guy
Member

Easy solution: limit the number of loans to students in liberal arts. Require at least three students in engineering, business, the sciences, or pre-med for every one in liberal arts applying for a degree. And if there more applicants than available loans, only give them to the students with the highest SAT scores.

Obviously the numbers need a bit of refinement and specific majors that are likely or unlikely to repay their loans have to be researched, but the potential is there. Pity it’s such a good plan the idiots in DC will never consider it.

danybhoy
Member

Here is the test, any course the has the word “studies” in the title, should be gone. They are worthless, their professors make a ton of money & are hard to get rid of because of tenure. Worst of all, what comes out of the other side are useless people who end up working in Human Resources departments that eff up everything they get involved with. This is where so very much of your PC crap comes from, & that is a cancer on America & western civilization.

That Guy
Member

I call that kind of program a self perpetuating degree. Self perpetuating because the only thing the degree qualifies you to do is teach the subject.

flashingscotsman
Member

How about some math majors, to teach Obama and his crew basic cipherin’?

Joe Redfield
Member

You knew this was coming.

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