After Nationalizing Health Care & Student Loans – Obama Continues Attack on Private Sector In Weekly Address
Posted by Jim Hoft on Saturday, March 27, 2010, 9:01 AM
Tyrant or President?
Obama continued his attack on the private sector in his Weekly Address today.
(VOA)
The media continues to be impressed with Barack Obama’s “good week” after he rammed a grossly unpopular bill through Congress in unprecedented fashion that gave the federal government control of one-sixth of the nation’s economy and two major industries.
That’s what the media calls a “good week.”
Today Barack Obama defended his attack on the private sector in his Weekly Address. Obama insisted that having the government in control of student loan program will lower cost. It’s never happened before, but Obama believes it will now.
President Barack Obama said changes to the federal student loan program, part of the health-care overhaul package enacted this week, will save taxpayers $68 billion over the next decade by taking private lenders out of the business of originating loans.
In his weekly address on radio and Internet, Obama called education and health care “two of the most important pillars of a strong America.” He thanked Congress for passing the measures, calling them “real and major reform.”
“Year after year, we’ve seen billions of taxpayer dollars handed out as subsidies to the bankers and middlemen who handle federal student loans, when that money should have gone to advancing the dreams of our students and working families,” Obama said.
The president also spotlighted a doubling in funding for Pell Grants, the federal scholarships for low-income students, and a provision that as of 2014 will cap a graduate’s annual student loan repayment at 10 percent of their income. These moves, he said, will help “make sure our students don’t go broke just because they chose to go to college.”
The legislation, he said, calls for “revitalizing” programs offered at community colleges. He termed those schools “the career pathways for millions of dislocated workers and working families across the county.”
The measure also increases support for institutions that focus on minority students, including historically black colleges, which Obama said will keep these schools “as strong as ever in this new century.”
Private lenders have said the legislation will cost them jobs. SLM Corp., the Reston, Virginia-based lender called Sallie Mae, said the measure’s passage will force it to fire 2,500 workers.
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Busted!… Obama Headlined a DEMOCRAT SOCIALISTS OF AMERICA Event in 1996 **FLIER**
Published May 24, 2012 at 8:46 pm - 71 Comments
Daneil commented:
Is he going to start rationing student loans, too?
Will he get to decide which degrees will be funded?
Will I have to get Binder & Binder to sue so I can go to college?
Besides, isn’t the Federal bureaucracy the worst middleman of them all?
bitterclinger commented:
This is our time to be amazing. Dr. Zero strikes again.
http://tinyurl.com/yf8w3am
“The Lord has given me a well-trained tongue…
manateespirit commented:
Answer to your question, Jim…tyrannical dictator.
GrayRider commented:
So he’s doling our even more welfare to “historically black colleges”? So, then that would be at the expense of historically non-black colleges? Hmmmmmm, seems like racism to me.
PJ commented:
Double counting again. He’s using the “savings” to give more grants and to shore up his bogus health care savings.
Control over our lives is almost complete.
maccabee commented:
As we can all see, and has been stated many times by many people that America is being run by a Tyrannical Government! With a foreign national at the helm! Obama has no allegience and/or loyalty to America!
The 2010 Election will not solve this problem. Besides every politician who gets elected must be a “warrior” for the cause of America! And remember that most of the “Stimulus” money will be released towards the end of this year; to the tune of $600. Billion! Plus we are very aware of the illegal election activities the Democrats always engage in. 2010 will be much worse!
There is another way for us to unite to bring a halt to this tyranny. And that is to get on board and help Pastor James David Manning who is leading a fight through legal means to bring down Obama!
We do not have much time! Put away any petty differences you may have with anyone on the side to save America! We must unite under one cause!
Please check out the links below to educate yourself on how to help and get involved!
VIDS:
http://atlah.org/atlahworldwide/?p=6142
CIA Columbia Obama CoverUp
Hon. James David Manning says Barack Hussein “The Long Legged Mack Daddy” Obama was a C.I.A operative who used Columbia University as a cover to go to Pakistan in 1981 when the CIA and the Mujahideen worked together against the Soviet Invasion. Obama supplied arms, logistics, and money using his Muslim background. Recorded on Tuesday, 16 February 2010. Follow us on twitter http://www.twitter.com/atlahworldwide Connect with us on Facebook http://www.facebook.com/pages/ATLAHWorldwide/150345810898
http://atlah.org/atlahworldwide/?p=6908
Columbia/Obama Trial Witness Roster
Dr. James Manning outlines the list of witnesses to be subpoena. Recorded on 15 March 2010.
Click here to register for Columbia Obama Treason Trial:
http://atlah.org/atlahworldwide/?page_id=6263
http://atlah.org/atlahworldwide/?p=6941
Patriotism, Repentance, Forgiveness, Heal America
Click here to print the CIA Columbia Obama Treason Trial Flyer:
http://atlah.org/pdf/ciaColumbiaObamaTrial_v2.pdf
Click here to register for Columbia Obama Treason Trial:
http://atlah.org/lists/?p=subscribe&id=19
Register for the 14-19 May 2010 Columbia Obama Trial using the form below
required field
Also for once and for all you now can know what the US Constitution means when Article ll Section l means by “Natural Born Citizen.”
http://atlah.org/atlahworldwide/?p=6594
Jim Searcy’s Natural Law Dissertation
bitterclinger commented:
Barky doesn’t seem smart enough to even be considered for the CIA. If it’s true, who was doing the screening for operatives, a 5-yr-old?
ettucat commented:
Social Security and Medicare are just two of the “entitlement/social programs,” forced on the American citizens by the Libs/Progressive, which are now unsustainable. The thieves in power in DC have now devised a means to form new pools of money, and provides them a means to hide the sins of their past mistakes. This is done under the guise of making your life better. In truth, your quality of life will be diminished, both financially and physically.
Built into every piece of legislation passed are protections for those who write, and pass, the laws. They always seem to find a way to exempt themselves from the rules, regulations, and MANDATES, that they believe are GOOD ENOUGH for the rest of us. WAKE UP, AMERICA. You do not want these radicals telling you how much BANG you will get for YOUR BUCK.
noislamocommie commented:
Question of the day:
WHO IS THIS GUY????
Charlie Gibson commented:
As I have said here many times, that zero needs a villain to vanquish in nearly all his speeches.
Jeff commented:
He has 3 years to cram things through (one year for re-election campaigning). So give the guy a break will you? So many things to gobble up in so little time. Don’t worry more of your liberties will be surrendered to the government soon. Please be patient.
randy commented:
This guy is absolutely fuXXing INSANE.
Google “Cloward-Piven.” It’s all right there, their game plan in black and white. They are following it faithfully.
Britny commented:
At this point, I’m kinda angry at our own leaders more than Obamer.
squeaky commented:
rolling out the college re-educated [and i'm sure
there will be some re-education mixed in with the re-education] to what? tinkering with the housing for what? without the evil private sector where are they going to employ their new trade and how many 6 months reprieve of their mortgage will they get. government controlled food, utilities, housing and oh by the way “i won you lost get over it” may be replaced by “it’s my way or the highway”.
Zeus commented:
What’s unbelievable? Much like Hitler, the Obama administration is doing what it said it would do. Nobody believed that Hitler would do what he said he would do either.
wanumba commented:
maccabee
March 27th, 2010 | 9:25 am | #7
……….
” Obama supplied arms, logistics, and money using his Muslim background.”
Really? If he can correctly pronounce even one word of Arabic, much less Urdu, even with a teleprompter, I’d be surprised. And what money would he have left over for the spunky Muhajadeen after deducting his five start hotel accomodations and gourmet meals?
Andreas K. commented:
So… who’s still convinced that this jackass is not a communist?
Yes, I call him jackass. Sue me. Why should I respect a red fascist like Obama? There is absolutely no reason. His pissy JD doesn’t impress me at all. That he’s president is hardly his work, but rather that of his team of speech writers, personality coaches and whoever else rode the bandwagon.
And don’t act so surprised, America. From his very first speech it was clear what he would do. It was all there, clearly visible. I called him a communist when he was still campaigning in 2008 because that was essentially his message. Communism. Socialism. Marxism.
But too many Americans were blind, as usual (something you can observe everywhere, just get some nut who talks about hope and change and everybody seems to pass out in joy), and were too busy following political correctness so that they could elect the first black president of the US.
Was totally worth it, wasn’t it?
Again political correctness triumphed over reason.
Hitler once said that the large mass of people is blind and stupid. 52.9% of the Americans proved Hitler right.
Now that’s something to be totally proud of.
NOT.
Daniel commented:
When has government ever made anything CHEAPER?
If anyone can answer that, cite the data and examples, please.
GerryD commented:
Am I the only one who sees alot of Hugo Chavez here???
About 4 years ago I told a progressive close relative of mine that Chavez was a socialist wanna be dictator. She said I was crazy and asked where I got my information. I haven’t heard much from her since Nov. 2008.
Look at Venezuela 4 years later. We must stop this enemy of America.
wanumba commented:
randy
March 27th, 2010 | 9:50 am | #14
This guy is absolutely fuXXing INSANE.
Google “Cloward-Piven.” It’s all right there, their game plan in black and white. They are following it faithfully.
………
The only way to defeat America is to break it down from inside.
The student loan seizure will provide approved schools-only funding. Bye-bye private schools, continue subsidizing the Left control of state unis and redistribute to favored schools.
By the lesson of the attempted intimindation of Hillsdale College, the USG will demand all schools install government-approved programs and education plans, even if ONE PENNY of federal funds comes in from ANY source.
William Ayers surely all ready to expand the “Weatherman ‘bombs-are-my-answer” indoctrination across the nation.
squeaky commented:
“…government ever made anything CHEAPER..”
when you’re the only game in town you don’t have to worry about consumer satisfaction.
http://en.wikipedia.org/wiki/Bandwagon_effect
Sojourner commented:
ettucat/#9..’your quality of life is being diminshed (i’ve never been a defeatist, but I would hazard to say, destroyed)…how far down the Obama rabbit hole do we have to go before we wake up?
3 articles worthy of reading:
(snip)
..”We still have time to act and do the right thing to halt what will befall us should we continue on our present path, but that time is running out”:
http://fedupusa.org/2010/03/21/how-far-down-the-rabbit-hole-must-we-go/
(snip)
…I knew from the beginning of this charade what it was really all about – and it was never about healthcare. The Obama Sweeping Healthcare Reform Bill will pass tomorrow. We have truly now lost our country. Make no mistake, and I don’t care who you are, how much you make, or what your party affiliation is: this will CRUSH you under more debt starting immediately. This is and always has been a desperately indebted government’s grab for more taxes. You will get NOTHING – NONE – of the ‘services’ promised to you”:
http://fedupusa.org/2010/03/20/its-over-and-now-we-will-have-to-answer-to-our-children/
The Most Important Chart of the Century:
(snip)
..”This is a very simple chart. It takes the change in GDP and divides it by the change in Debt. What it shows is how much productivity is gained by infusing $1 of debt into our debt backed money system:”
http://fedupusa.org/2010/03/20/the-most-important-chart-of-the-century/
ht/ FedUp USA/The Con of the Century
Sandy commented:
Florida’s unemployment over 12%, While Nevada’s hits 14% and the rest of the country spins out of control–Obama focuses like a lasar beam on everything but Jobs. He is so full of hate its hard to decide who is the real enemy. Just this week, he attacked Israel, The Tea Partiers, The Republicans, The Insurance Companies and now the entire Private Sector.
Interesting that the CBO now says that Obama’s Healthcare Bill will eat up 90% of our economy in 10 years. Wonder if the Dems were told this before they voted last week?
Didn’t Obama just say GO FOR IT to those who are suing the Federal Govt for forcing people to buy Health Insurance. Seems pressure is being brought in states like Virginia and Wisconsion to keep their Attorney Generals from suing.
A male audience member supposedly fainted at one of Obama’s Town Hall meetings — might just be he was pulled out because he didn’t show proper reverence for our leader?
squeaky commented:
free money – free money
http://www.youtube.com/watch?v=cQxL0O1lYvg
CDR M commented:
More minority student loans???? WTF??? Twenty years ago, I couldn’t get a scholarship to save my life because I was WHITE. Met every criteria but the color of my skin. How many scholarships go to minority sports athletes that end up without degrees? How important IS that education?
Liz commented:
TYRANT! Walmart/Dr. ZERO 2012!
squeaky commented:
there’s going to be an increase in congressional aides [political kickback] to handle all the
calls and inquiries into pending applications
from governmental agencies handling the hoardes of new clientele. political connections will rule the day.
Steve commented:
I’m a left wing moderate. (I hear your heads exploding). You people might note that there are not any good countries out there (read, “a country I’d like to live in”) that don’t have reasonably strong and effective governments. Realize that the last tree decades of (successful) right wing campaigns to denigrate, defund, delegitimize and eliminate “government” has resulted in a shrunken and poorer middle class (that’s most of “us” I’m guessing) and the very richest getting much much richer. Realize that “government” is the ONLY equalizer here – from wall street practices that allow and promote skimming and scheming to bankers that pull the slot machine jackpot lever on your nickle, from Bernie Madoff type fraud on your retirement account to blockbuster drugs not fully tested causing deadly side effects. We (“us” again) are only protected from these and thousands of other daily life situations by “government”. There ain’t anything else. If you’re actually convinced that government is just bad, your ultimate “dream land” would have to be a place like Somalia – no government intrusion there.
This country has lots of problems, big ones that need solving. By and large, the are not the result of too much government, but rather TOO LITTLE effective government. And what a coincidence that is – that’s been the goal of the right wing for the last 30 years.
Congratulations on your “success”.
Liberty60 commented:
Student loans are, and always have been, loans that were insured by the Federal government i.e. taxpayers.
The banks that originated the loans had almost zero risk- if the borrower defaulted, the government would cover the loss.
Yet they made tremendous profit off the fees and interest all the while.
Nothing wrong with that, but they are in fact, only middlemen- and there isn’t any good reason why the taxpayers should hold the risk, while the banks make the money.
They never added any value to this equation, and its better to keep the government as both originator and guarantor.
Finally, there is absolutely nothing preventing banks from making non-guaranteed private sector loans to students.
Sojourner commented:
This is NOT about education or medical care (won’t say health care..that’s a statist lie) or anything else these redistribution putzes are pushing..it’s about a statist’s insatiable appetite for control over our lives. He who grabs the means to tax reward/ punish commerce/enterprise across the economy, owns our butts.We’ll get to earn our keep by working so we can pull the nanny state wagon full of the ones who sit on their sorry butts and ride for free.. TIME TO THROW THE BUMS OUT!
Chisum commented:
Steve,
We don’t agree that government is the answer. Most Americans are center-right ideologically.
We have good reason to be that way.
Case in point:
Annals of Government Medicine
Under government medicine, all health care is necessarily political. Why anyone would want to live in that world is beyond me. Here is the latest from Great Britain, where the Labour government is trying to keep budget cuts secret until after the election:
Tens of thousands of NHS workers would be sacked, hospital units closed and patients denied treatments under secret plans for £20 billion of health cuts.
The sick would be urged to stay at home and email doctors rather than visit surgeries, while procedures such as hip replacements could be scrapped. …
Documents show that health chiefs are considering plans to begin sacking workers, cutting treatments and shutting wards across the country.
This one is especially scary:
In the East region, covering Bedfordshire, Cambridgeshire, Essex, Hertfordshire, Norfolk and Suffolk, up to £2 billion is to be cut. The SHA proposes shifting services out of hospitals and making social workers take over some treatments.
Hey, that makes sense: they have a shortage of doctors and a surplus of social workers, so let’s have the social workers start diagnosing diseases and performing surgery. That’s what I call a death panel!
IOpian commented:
Just exactly what the hell is a ‘working family’? Are not most of the evil rich making 250K+ working families ? Are people that suckle off the teat of the government working families? Weren’t the mafia’s Gambino crime organization working families ? Aren’t the corporate fat cats working families?
Are politicians capable of speaking in terms other than lofty generalities that mean nothing?
Chippy commented:
I found this today on the Organizing of America Obozo site,
We will not rebuild our economy on the old model of bubbles and busts. We’ll only climb out of the current crisis by creating a new, sustainable foundation for our economy’s future — and make the tough choices to put our economy back on the road to long-term prosperity.
Sounds like this idiot wants to replace capitalism with marxism to me.
wanumba commented:
Steve
March 27th, 2010 | 11:22 am | #32
Realize that the last tree decades of (successful) right wing campaigns to denigrate, defund, delegitimize and eliminate “government” has resulted in a shrunken and poorer middle class (that’s most of “us” I’m guessing) and the very richest getting much much richer. Realize that “government” is the ONLY equalizer here
……..
“Realize?”
What is this John Lennon’s “Imagine?”
“Realize” that luxury jet flying overhead is Uber Democrat multimillionaire Speaker of the House Nancy “Cleopatra” Pelsoi who is flitting hither and yon on US taxpayer money, wining and dining, waited on by serving staff, all paid for by taxpayers who must “sacrifice” and “tighten their belts” and “learn to do without.”
“Realize” that Obama has rocketed from “community organizer” to multimillionaire once he officially entered “government service.”
He’s got a million-dollar home in Chicago, but choses to use US taxpayer money to vacation at over $12,000 a day not counting the entourage and security and meals in Hawaii, plus has regular private concerts with multimillionaire singers, paid for by US taxpayers, and serves $100 a pound steaks courtesy of the US taxpayer.
“Realize” YOU and all the rest of us are being SCREWED.
Unless you don’t pay any taxes,then you can DELUDE yourself it’s just the REST of us being SCREWED, but that won’t last for long because the money runs out sometime – especially at this breakneck speed.
IOpian commented:
Chippy, definitely communist. Bubble and burst is what dynamic and robust economies do. They have their ups and downs. Nothing can exist without a differential from the crest to the trough of a cyclic function. Things happen because of a quest for equilibrium but cease if it is attained.
A static economy like his father dreamed of is flat-lined and we get the world of dreariness like post-war Eastern Europe where there are no risk takers, no dreamers, no reward for innovation because everybody shares in equal economic misery. A slow agonizing death as the economic heart only flutters. That is except for people like Obama, Pelosi or the Kennedys who profit off of the exploitation of others not as lucky.
But this recent bust is something he was right in the middle of with his community organization efforts for ‘social justice’. Rather than elevating the losers he wants to diminish the winners down to their level. Instead of a ‘can do’ philosophy of ‘get off your ass and make it happen’ he advocated a ‘sit on your ass and we’ll take care of you on our plantation’ approach. All you need to do is vote for us to maintain this status quo.
The soft bigotry of low expectations is another form of racism by sleight of hand. It assumes these people can’t be elevated out of their condition.
So these neocom policies sought to muscle the mortgage industry to issue unsound loans to people unlikely to be able pay it back earning only their state benefits. When they couldn’t then the bubble burst. It is their policies that created this problem.
But neocom progressives are economic and social nitwits that think if it looks good in the minds of self aggrandizing academic elitists in a classroom it ought to work in the real world where they have little empirical knowledge.
jomojava commented:
IOpian #40,
But neocom progressives are economic and social nitwits that think if it looks good in the minds of self aggrandizing academic elitists in a classroom it ought to work in the real world where they have little empirical knowledge.
“neocom”? I like that term. This administration is a university professor’s wet dream.
Chisum commented:
Return of the Propagandist’s Staged Fainting Spells
http://directorblue.blogspot.com/2010/03/return-of-propagandists-fainting-spells.html
Chisum commented:
STUDENT LOAN FEES TO FUND OBAMACARE
http://www.riehlworldview.com/carnivorous_conservative/2010/03/student-loan-fees-to-fund-obamacare.html
jackspratt1 commented:
He;s a tyrant!!! He is going down in history as the person who separated a nation – good luck living in the land of your birth – Kenya