An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

[geezer]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Have you actually read the student loan provisions? It's going to save us billions of dollars every year that we were gifting the banks. We were giving them subsidies to give student loans and then guaranteeing them to boot! Why give them subsidies and guaranteeing them? Now we're eliminating that handout. Thought you would be all for that.

Yes, because the only two options in any industry are firm government control, or total government control. Heaven forbid we let the market set rates.
Here's a real "shocker" in today's news: Wait, Obama lied about keeping your old plan?

[Terrierbyassociation]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Yes, because the only two options in any industry are firm government control, or total government control. Heaven forbid we let the market set rates.
Here's a real "shocker" in today's news: Wait, Obama lied about keeping your old plan?

In this case total government control is better than giving money away to banks for no reason. But usually I'm right there with you on the paranoia bandwagon.

[ScottM]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Have you actually read the student loan provisions? It's going to save us billions of dollars every year that we were gifting the banks. We were giving them subsidies to give student loans and then guaranteeing them to boot! Why give them subsidies and guaranteeing them? Now we're eliminating that handout. Thought you would be all for that.

I agree Sallie, Nellie, etc. were crying, but they were probably crying crocodile tears. It certainly won't wipe out the private loan market, especially for graduate and professional schools. Given the relatively low limits for most govt loans and grants relative to the galloping costs of tuition and fees, I think there will be very rich margins in the market. Remember the rates on some of those private law school loans, and the bar study loans? I think we can probably kick them up 300-500 bps. Roll in the facts that most student loans are not dischargeable in Bk and the ABS markets are starting revive, and "there's gold in them thar hills!"

[walrus]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Hey Rover
You'll love this
http://voices.washingtonpost.com/44/...rivate-pl.html

http://www.guardian.co.uk/world/rich...lub-republican

[Rover]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Hey Rover
You'll love this
http://voices.washingtonpost.com/44/...rivate-pl.html

http://www.guardian.co.uk/world/rich...lub-republican

Ummm...I applaud the RNC for trying to make the GOP a big tent party by reaching out to strippers?

Regarding health care, can somebody please tell me what bill the GOP coalesced around? Because while individual Republicans had their own plans, I don't recall a comprehensive bill that their House and Senate counterparts endorsed. That's the problem with this Repeal and Replace nonsense. Replace with what? If they come out in favor of the individual mandate, kiss the teabaggers goodbye. Are they in favor of keeping the pre-existing condition coverage? If so, how do they plan on paying for that? All of these questions will need to be answered by them in a campaign, and that's where the trouble starts. Its easy to criticize, but I'm real curious what they plan on replacing the bill with. That's a question they're gonna need to answer.

[leswp1]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Hey Rover
You'll love this
http://voices.washingtonpost.com/44/...rivate-pl.html

http://www.guardian.co.uk/world/rich...lub-republican

Does this mean the GOP is becoming more flexible on moral issues??

[WeWantMore]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Anything that leads to Michael Steele being canned is 100% okay in my book.

[ScottM]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Anything that leads to Michael Steele being canned is 100% okay in my book.

Racist!

[WeWantMore]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Racist!

Yep, you've caught me. I'm terribly prejudiced against people who are abysmal at their jobs.

[walrus]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Does this mean the GOP is becoming more flexible on moral issues??

It seems they're pretty flexible when they think no one can see them

[Priceless]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Does this mean the GOP is becoming more flexible on moral issues??

Aura and Mystique are showing them that flexibility is an admirable quality.

[ScottM]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Aura and Mystique are showing them that flexibility is an admirable quality.

And for only $20 a song too ...

[pirate]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Have you actually read the student loan provisions? It's going to save us billions of dollars every year that we were gifting the banks. We were giving them subsidies to give student loans and then guaranteeing them to boot! Why give them subsidies and guaranteeing them? Now we're eliminating that handout. Thought you would be all for that.

If you read articles on both sides you'll see there was an alternative plan that saved approximately the same amount of money, saved thousands of jobs of people soon to be unemployed/collecting unemployment - those jobs will now become federal jobs (at 1.5x the cost) and kept the loans off the government balance sheet.

Since they took $20b of the government plan benefit to pay for healthcare, the other proposal actually would have put more money into Pell grants, preserved jobs, and reduced the risk that funding the loans would be a greater liability if rates increase, as they surely will.

The only reason it was enacted was because they needed the $20b to make sure the reconciliation bill was balanced.

[dropthatpuck]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Have you actually read the student loan provisions? It's going to save us billions of dollars every year that we were gifting the banks. We were giving them subsidies to give student loans and then guaranteeing them to boot! Why give them subsidies and guaranteeing them? Now we're eliminating that handout. Thought you would be all for that.

Yes I have, you're wrong and when the hell has government ever *saved* us money by instituting a government program.

Please humor me by digging something up.

If you read articles on both sides you'll see there was an alternative plan that saved approximately the same amount of money, saved thousands of jobs of people soon to be unemployed/collecting unemployment - those jobs will now become federal jobs (at 1.5x the cost) and kept the loans off the government balance sheet.

Since they took $20b of the government plan benefit to pay for healthcare, the other proposal actually would have put more money into Pell grants, preserved jobs, and reduced the risk that funding the loans would be a greater liability if rates increase, as they surely will.

The only reason it was enacted was because they needed the $20b to make sure the reconciliation bill was balanced.

Thank you....and that's just for starters.

[Jon]

Re: An Open Letter To All USCHO Crackpots and Knuckledraggers - by Rover

Yep, you've caught me. I'm terribly prejudiced against people who are abysmal at their jobs.

You need to stop wasting your time on this thread and come over to the PC hockey thread...