Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Don’t Double My Rate on Gasoline, Mr. President
Right Side News | 4/27/2012 | Douglas Carlson

Posted on 04/27/2012 7:31:00 AM PDT by IbJensen

President Obama is out on the campaign trail this Spring Break with a message to students and recent graduates. He promises to work with Congress to prevent the interest rate on federally subsidized Stafford Loans from doubling this July 1st, from 3.4% to 6.8%. 7.4 million students with federal student loans will see their interest rates double this summer if nothing is done to prevent it.

The message the White House wants everyone to hear is how he supports the poor student or recent graduate in their plight to prevent personal economic collapse from the high cost of higher education funding. Total student loan debt is expected to hit $1T this year alone. But, fear not, President Obama is there for you - after all, why would you vote for him if doesn't protect you from this?·

How are students or newly graduated young men and women supposed to compete in the market when the cost of a gallon of gas has doubled since president Obama took office? Of course, that's only a problem for students and recent grads if they actually find a job to drive to. Many have not, and despite claims to the contrary, the number of jobless in America has stubbornly refused to drop below 8 percent. Recall that President Obama assured America that if we got behind his stimulus bill we'd keep the number of unemployed below 8 percent. Currently, the national unemployment rate stands at 8.2%.·

Another more sinister and costly doubling has taken hold, and it doesn't just affect students or grads. The steadily-increasing price of gasoline has threatened to derail what we are told is a rebounding economy. As an ever-larger percentage of the household budget, hard choices must be made each day just to afford to top off our tanks. Less money spent elsewhere in the economy does not create jobs. While the President is eager to be seen doing something to prevent students from paying higher interest on their student loans, he has shown very little leadership when it comes to driving initiatives to lower the cost of gas or create viable new jobs.·

We can just make out on the horizon (as we look toward Europe) yet another "two-fer" that will impact everyone, and not just students. More and more likely it seems that we may be facing a rapidly approaching "double-dip" recession. Britain, the most recent double-dip victim, is coming to terms with what this means for their economy. Yet we in the U.S. seem to think we can tax and spend our way out and avoid that fate.·

Although Ben Bernanke insists that our economy is "expanding moderately", when asked about unemployment rates (and why people are dropping out the job market), he replies that many are "young people who are not out of the market indefinitely but are going to school or doing something else other than working." Really? Like what? Organizing rallies for President Obama and attending Occupy Wallstreet sit-ins, perhaps?·

The truth of the matter is that large percentages of students are dreading the prospect of finding a job in this economy after graduation. Many may be continuing their education above and beyond their career needs (using Federal student loan dollars) in an effort to avoid entering the job market and facing the reality of what four years of Barack Obama has wrought. (Remember the phrase “over-qualified” because that’s one you’re likely to hear again and again as you try to put your extensive - and expensive - Federally subsidized education to good use. Of course, there’s always the public sector – I hear they’re still hiring.)·

Ruefully, huge numbers of students and young people will continue to bolster support for this president as he seeks to be elected for another four-year term in office. Whenever the clarion call comes from the White House to surround the president with admiring young people, students will be first in line. But, remember kids, the real cost of the first four years in office was high. Doubling down is not the solution.·


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Government
KEYWORDS: evilobamaregime; liarinchief; poorexcuseforpres; vanity; whitehutdenizen
FOUR MORE YEARS OF HELL?

AMAZING !!! He really HAS done something...

An impressive list of a pathetic, sociopath, Muslim Communist's accomplishments!

First President to apply for college aid as a foreign student, receive it, and then deny he was a foreigner later in his life.

First President to have a social security number from a state he has never lived in. (How is that even possible??)

First President to preside over a cut to the credit-rating of the United States

First President to violate the War Powers Act. (Libya,the Sudan, the Congo and Central African Republic.)

First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico.

First President to defy a Federal Judge's court order to cease implementing the Health Care Reform Law.

First President to require all Americans to purchase a product, many of them don't need or want, from a third party.

First President to spend over a trillion dollars on 'shovel-ready' jobs when there was no such thing as 'shovel-ready' jobs.

First President to abrogate bankruptcy law to turn over control of companies to his donors and supporters.

First President to by-pass Congress and implement the Dream Act through executive fiat, instead of getting the illegal immigration problem adressed by all of the government.

First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S. , including those with criminal convictions.

First President to demand a company hand-over $20 billion to one of his political appointees. (BP)

First President to end America’s ability to put a man in space.

First President to have a law signed by an auto-pen without being present, so he could stay on vacation.

First President to arbitrarily declare an existing law he doesn't agree with, unconstitutional and refuse to enforce it.

First President to threaten insurance companies if they publicly spoke-out on the reasons for their rate increases.

First President to tell a major manufacturing company in which state it is allowed to locate a factory. (Boeing)

First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN...., immigration lawsuits).

First President to withdraw an existing coal permit that had been properly issued years ago.

First President to fire an inspector general of Ameri-corps for catching one of his friends in a corruption case.

First President to appoint 45 czars to replace elected officials in his office.

First President to golf 73 separate times in his first two and a half years in office, 90+ to date.

First President to hide his past medical, educational and travel records.

First President to win a Nobel Peace Prize for doing NOTHING to earn it.

First President to go on multiple global 'apology tours'.

First President to go on 17 lavish vacations, including date nights and Wednesday evening White House parties for his friends, paid for by the taxpayer.

First President to have 22 personal servants (taxpayer funded) for his wife.

First President to keep a dog trainer on retainer for $102,000 a year at taxpayer expense, and to have that pet flown on government jet to be with the family on vacation.

First President to repeat "the Holy Qur’an tells us", and that, "the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth".

First President to take a 17 day vacation.

So, how is this hope and change working out for you?

1 posted on 04/27/2012 7:31:07 AM PDT by IbJensen
[ Post Reply | Private Reply | View Replies]

To: IbJensen

[your incredible list just got Facebooked, BTW]

2 posted on 04/27/2012 7:57:27 AM PDT by Salamander (Hey blood brother, you're one of our own. You're as sharp as a razor and as hard as a stone.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

The national unemployment rate as reported by the LSM will be below 8% by the time the election rolls around. You can take that to the bank.


3 posted on 04/27/2012 8:20:05 AM PDT by NCjim (Do not argue with an idiot. He will drag you down to his level and beat you with experience.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen
The voters will go to the polls like good and loyal robots and do as they have been programed to do, reelect The Enlightened One.
4 posted on 04/27/2012 9:13:40 AM PDT by oyez ( Yomomacare going done once, going down twice, going---..)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson