Student Loans; How Did We Get to This Point?
Al Ritter
It was all part of the grander scheme under Barack
Obama. Under his direction the government took student loans away from the
banks and put them under control of the government. We all know how that
usually works out don’t we?
With the bank loans there was collateral or parents
had to cosign to get a loan. It was known from all parties that if the loan
defaulted there were consequences. Enter Barack Obama to save the day. His
intention was always to excuse the student loan situation but he ran out of
time. But wait, enter Barack O’Biden four years later. Now the final solution
can be made!
So by the stroke of his pen Biden issued an executive order to excuse student debt.
Adults are especially mad at this point. What happens
to the parents/students that actually honored their commitment and paid off
their loans? Now they are punished for being honorable? Of course the
Whitehouse has no intention to make restitution to those families. Instead they
are paying off student loans on the wealthiest doctors and lawyers in the
country. What about the millions of adults that could never afford to go to
college? Is it fair that they will now shoulder the debt to put someone else
through college?
The Democrats are making a statement here as they have
with so many other expenditures in the last 19 months. Their agenda will be
followed, money will be spent at the expense of generations down the road if
this is allowed to continue. Our generation will only be paying interest on the
debt, and never the actual debt itself.
The liberals want you to think that spending money will
decrease inflation and improve the economy, when even a first year economics
student knows differently.
The CBO (Congressional Budget Office) is merely a
speed bump in the road for Democrats. They continually ignore their recommendations
and consequentially didn’t even wait for their report before signing the
Inflation Reduction Act. REDUCTION in name only because it has nothing to do
with inflation reduction.
Watch as Elizabeth Warren laughs at father that asked
if he would be reimbursed for his daughter’s loan:
https://www.newsweek.com/elizabeth-warren-video-paid-off-student-loan-debt-forgiveness-1736667
https://www.foxnews.com/media/elizabeth-warren-insists-bidens-student-loan-handout-good-our-economy
Watch this video:
https://www.youtube.com/shorts/mmWtIeIYcao
Rep. Byron Donalds take on the program:
https://donalds.house.gov/news/email/show.aspx?ID=MYNNKLHWAGQQ6
Even VP Harris can't explain where the money is coming from:
https://www.youtube.com/watch?v=1t3CJwlNEWY&feature=youtu.be
8 comments:
I am infuriated by this latest Biden blunder!
This craziness has to stop!
They won't pay for a trade school but they will pay for an Art History degree....smh
Anything to get more votes
Why should any American have to pay this asinine executive order? What happened to passing it through congress, it IS a money expenditure!
I think that a majority of Americans are pissed off at this even a few Democrats
Good question Rodney, many Republicans are saying the same thing right now things like this have to go through Congress not on executive order.
How we got to this point is easy!! Machines created the votes out of thin air necessary to install the jackass, mules stuffed the boxes to support those votes, and wahla! We have a jackass puppet that is illegitimate and being programmed by the globalist elitists and moving us to socialism/communism. Easy!! That's how we got here, but it all started back in 1860's with Lincoln and the northern aggression war, that everyone thinks was against slavery and was not. Instead it was the start to our slavery and the more social systems are developed the more we enable ourselves to be slaves.
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