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Obama and Bernanke said they were not going to nationalize banks... Here they are taking over college lending. Was it one day or two days since they said that?
1 posted on 02/26/2009 9:21:37 AM PST by cowtowney
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To: cowtowney

How do you know Obama is lying?


2 posted on 02/26/2009 9:22:23 AM PST by cowtowney
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To: cowtowney

Yeah...good luck if you’re a conservative college...your students won’t get the time of day from this crowd...


4 posted on 02/26/2009 9:23:43 AM PST by mo
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To: cowtowney

The government taking over a business operation is going to save money?

On what other planet did that happen?


6 posted on 02/26/2009 9:26:09 AM PST by henkster (0bamanomics: "I'll loan you all the money you need to get out of debt.")
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To: cowtowney

Because the price of tuition isn’t high enough yet.


7 posted on 02/26/2009 9:26:48 AM PST by kc8ukw
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To: cowtowney

I hope Sallie Mae falls apart. It’s a corrupt, criminal organization. They routinely lie and tack on fees and charges. It took me 4 months to prevail in a dispute over $500 they were trying to fleece from me.


8 posted on 02/26/2009 9:27:42 AM PST by Unlikely Hero ("Time is a wonderful teacher; unfortunately, it kills all its pupils." --Berlioz)
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To: cowtowney

Yep, been waiting for this massive gubment redistribution of income/wealth ponzie scheme. Next is credit card debt. All placed on the back of taxpayers for generations to come.

Elections have consequences. Back in the USS, back in the USS, back in the USSR.


11 posted on 02/26/2009 9:29:52 AM PST by Oldeconomybuyer (The democRATS are near the tipping point.)
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To: cowtowney

How about an investigation into college price gouging brought on as a direct result of easy student loans? (sound of crickets chirping....tumble weed blows down the street)


12 posted on 02/26/2009 9:30:12 AM PST by rhombus
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To: cowtowney

Obama and the Dems are doing to college education what they did to housing.

Subsidize it by giving below market loans + give the colleges govt. grants + then the colleges get free money from alumni =

???

Answer? Inflated college tuitions, massive building campaigns, debt, debt debt.

Then to this cauldron you add a bad economy and lower demographics of kids college age.

Finally, you add the fact that the higher college tuition can not be paid off with graduating salaries...equals?


15 posted on 02/26/2009 9:33:14 AM PST by cowtowney
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To: cowtowney

bump for later.


16 posted on 02/26/2009 9:37:19 AM PST by Centurion2000 (01-20-2009 : The end of the PAX AMERICANA.)
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To: cowtowney

Get a federal college loan, go default and never see another tax refund until it’s paid off.


19 posted on 02/26/2009 9:49:17 AM PST by Rebelbase
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To: cowtowney

I see this as I see everything Obama and the Socialist/Democrats are in favor of, or making progress towards, and that is their POWER over every aspect of our lives. This move of direct loans puts their Leftist Government, via strings attached in control.

It will be interesting to see what those attached strings are comprised of.


21 posted on 02/26/2009 10:03:24 AM PST by rockinqsranch (Dems, Libs, Socialists, Call 'em what you will, they ALL have Fairies livin' in their Trees.)
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To: cowtowney

Obama wants to nationalize 4 year college and put it under Dept of Ed, just like k-12. He said pretty much as such in his fake SOTU address.

Now they want to offer direct student loans.

Tomorrow to get said “loan” you will be required to volunteer with a branch of Obama’s Civilian Defense Force, green shirt and all, for a certain period of time.

It’s been 30 days, and the Nation we were just 1 year ago is crumbling before our eyes. This is just yet another example.


24 posted on 02/26/2009 10:33:42 AM PST by Domandred (Hope is the first step on the road to disappointment.)
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To: PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
*Ping!*
25 posted on 02/26/2009 10:33:52 AM PST by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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To: cowtowney

bttt


27 posted on 02/26/2009 10:42:51 AM PST by Freedom Dignity n Honor (There are permanent moral truths.)
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To: cowtowney
Oh, I can't wait to watch the phenomenal rate of default once the private lenders are out of the picture.
29 posted on 02/26/2009 11:13:04 AM PST by americanophile
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To: cowtowney

Great, another incentive for colleges and universities to continue astronomical, unreasonable tuition increases.


32 posted on 02/26/2009 11:14:49 AM PST by dinoparty
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To: cowtowney

Fing Communist and it looks like he’s going to get away with it all. Time to head for greener pastures, they sure as hell aren’t here anymore.


34 posted on 02/26/2009 11:54:30 AM PST by mojitojoe (None are more hopelessly enslaved, as those who falsely believe they are free.)
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To: cowtowney

Not a bad idea. When the program collapses, the government gets the blame instead of the private banks if there are any private banks left by that time.


43 posted on 02/26/2009 3:37:32 PM PST by dr_who
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To: cowtowney

For later


44 posted on 02/26/2009 3:58:17 PM PST by jokyfo (JESUS CHRIST: The Light of the world... AMERICA: The light of freedom.)
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To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; justiceseeker93; ..

H.R.1106-Prevent Mortgage Foreclosures ....
Act. Vote Next Week, Only 1 hour of Debate
http://thomas.loc.gov/ | February 26, 2009
Posted on 02/26/2009 11:30:17 AM PST by cc2k
http://www.freerepublic.com/focus/f-news/2194752/posts

Chamber of Commerce Lambasts Obama’s “Robbing Peter to pay Paul”,
“Command-and-control” Approach
US Chamber of Commerce
Posted on 02/26/2009 11:54:48 AM PST by quesney
http://www.freerepublic.com/focus/f-news/2194774/posts


47 posted on 02/26/2009 8:17:36 PM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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