April 20, 2011

Why is govt takeover of student loans in the Health Care Reform Act?

What do student loans have to do with nationalized health care (that would be "Obamacare")?

I don't know either, but tucked into one of the 2200 pages of that monstrous bill--now a law, thanks to bribery and parliamentary trickery--is a complete government takeover of the student-loan business.

So why would the Democrats roll this into the health-care "reform" law? Ah, grasshopper, because in theory, by collecting interest from student loans, plus cutting federal education grants, the feds will save $19.4 Billion.

And the reason it's in the health-care "reform" law? Because it enables Obama and the Dems to count an extra $19.4 Billion as part of the alleged "savings" that the American voters are supposed to see from socialized medicine.

If you think that kind of "accounting" is tantamount to fraud, I agree. Welcome to politics, as practiced by the Democrats when they controlled both chambers of congress and the White House--as they did when they passed this outrage a year ago.

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