Ask yourself , How far will a Democrat go to turn a very bad policy and hostile takeover of private industry into a positive. Below is how Senator Boxer explains the “good news” of a hostile takeover of the entire student loan program. A bill attached to no less than the Healthcare Reform bill without so much as a whisper of debate. With the stroke of a pen and a House of corrupt congressmen the private student loan program is gone.
Boxer gleefully sends an email to her constituents:“I am pleased to tell you about a new law that will make college more affordable for millions of students.
The Student Aid and Financial Responsibility Act (SAFRA) mandates that all new federal student loans starting in 2010 will originate through a Direct Loan program instead of through taxpayer-subsidized lenders. SAFRA will generate $61 billion in savings over the next ten years that will be used to increase Pell Grant scholarships, keep interest rates on federal loans affordable, support minority-serving institutions, make major new investments in community colleges, and reduce the federal deficit. I am so pleased that this vital legislation has been passed by Congress and signed into law by President Obama. You can count on me to keep working to make college more affordable for American students and their families.”
Lets look at this sentence. The Student Aid and Financial Responsibility Act (SAFRA) mandates that all new federal student loans starting in 2010 will originate through a Direct Loan program instead of through taxpayer-subsidized lenders.
The Federal Government under Democrat control is Mandating your life. Telling you what you will do. All new student loans. Your choice has been ripped out from under you and from now on Pelosi, Obama, and some group of politicians will now decide everything about your education. If they control the money they control your education. Direct Loan program this is a cute name for the Federal Government run loan program. Clever the words chosen to depict private industry such as a bank as a taxpayer-subsidized lender. I did not hear anything from Ms. Boxer about the thousands of people being laid off from the ” taxpayer subsidized lender” (the Banks). Being replaced by more government jobs.
And the coup de gra support minority-serving institutions.
Who gets the money will now be dictated not by who wants and needs a college degree but by the color of your skin and your minority status. Just when America was getting beyond race and moving forward to a non discriminating country we are thrust back into it, not by Republicans who are moving past race and into merit. Believing in earning through effort where race is not the factor. But by the democrats continuing their discrimination rant and pushing it upon the American public in hopes of gaining brownie points for their constituents. However the smoke is wearing thin and minorities are growing tired of being victims and ready to claim effort and pride as their motto.
It is becoming more and more difficult to hide the fact that minority based hiring and preferences in student loans, grants, and public hiring practices is founded in Racism. It is also clear there is a concerted effort for the most hostile American takeover of private industry ever put upon the USA is now well under way.
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