Wednesday, October 26, 2011

Obama's Trillion Dollar Student Loan Scam

Socialist President Obama is desperate to win reelection.   To help him do it, Obama has proposed a trillion dollar student loan scam that he plans to implement by Executive Order, rather than Congressional legislation that will never happen.   The way it works is that students would use the system to pay the bare minimum over a twenty year period and then the loan would just be forgiven.  

Wouldn't it be nice if we could all do the same thing with our mortgage loans that usually take 30 years to fully repay.   But wait a minute, the majority of us take personal responsibility for out debts, unlike Obama's PEEP's.  This bail out scam will cost the American taxpayer billions of dollars once in place.   You can bet that students will pay almost nothing each year once they know that the debt will just disappear after 20 years. 

There is no end to Obama's Socialist Schemes.   This is the reason we must oppose any federal tax increase of any kind.  Giving more money to Socialists, at any level of government, just insures more entitlements going to the 50% of Americans that pay no income taxes at all that are all feeding at the trough.    We see these people in the mobs protesting and rioting on our streets inspired by Obama, the Community Organizer.  They are the Takers in our society and we, that pay all the income taxes in our country, are the Makers.  

Keep in mind, this Blogger is are not talking about the physically or mentally disabled, or those with serious illnesses; but rather perfectly healthy people that just want the rest of us to provide for them.   The Makers must say HELL NO to the Takers, not to be mean or inconsiderate; but because in providing for them we make them wards of the state at the expense of their freedom and ours.   We can't allow that to happen.

Today, under Obama, the federal government has grown to absorb 25% of our Gross Domestic Product, about the highest in our national history.   When combined with local and state government, about 40% of our Gross Domestic Product is going to support government.   How is this different than Communism.   And, even with all this government spending, since Obama was elected, we have 25 million Americans either unemployed, under employed working part time that want full time work, or that have just given up looking for work altogether.   43 million Americans are on Food Stamps as the poverty rate is actually higher under Obama than Bush. 

If government spending was the answer to our economic problems, we should have no unemployment; but that is not the case because each government job happens at the expense of jobs in the private sector. 

Government is clearly the problem; not the solution.   So now, Socialist President Obama is proposing another multi billion dollar bail out for students that are fully capable, over time, of paying off their student loans.   What message does this send to our young people about personal responsibility once they realize that they do not have to repay their debts.   President Obama is out on the campaign trail saying that if Republicans win election, you the American people are "on your own".  Mr. President, all Americans should be on their own.   We don't want the government intruding into every aspect of our lives.   Enough is Enough!!

We have to take back our country in 2012 and 2014 by sweeping these Socialists, including President Obama, out of office to prevent the bankruptcy of our nation.  Obama's student loan scam is just one more Socialist Scheme that is outrageous and unnecessary.   WE THE PEOPLE must stand up and say enough.   We must elect common sense Conservatives to get our country back on track that support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real education, energy, health care and entitlement reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation in our country. 

We must take back our country in 2012 and 2014.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   In the mean time, call your Senators and Congressman and tell them HELL NO related to Obama Student Loan Bail Out Scam.   We don't want any more of Obama Socialist Schemes. 

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