Obama Calls for additional $1 TRILLION student loan bailout for his bankster buddies

Is this a coincidence?

Pelosi: Give Obama Power to Personally Lift Debt Limit to Infinity

[link to cnsnews.com]

Fucking traitors.

If the government won't be held accountable for paying off their debts, then why should the American public?

It has nothing to do about responsibility, or doing the right thing.

If that was the case every level of government would be debt free.

No the government decided to make it more difficult to file bankruptcy for the public, but no problem for them.

success lol

I mean fail...I mean success. lol

I'm confused.

Exactly.

And I find it funny that Congress has spent us into this deep shit, and somehow the Democrat party keeps saying it's the responsibility of "the wealthy" to dig us out (which is now mathematically impossible even at a 100% tax rate).

The "millionairs and billionaires" didn't spend us into collapse, the gawdamned Congress and the "President" did.

Let them pay for it. Seize their assets and liquidate them.

Last Edited by Carshy McCarsh on 12/01/2012 10:09 AM

why not?

Why not indeed.

Barry should bail out all the banks for all the mortgages that are defaulting because his policies have put everyone out of business, too.

this really pisses me off, i worked two jobs and went to school full time in order to pay for my own college tuition and now i will be forced to pay for someone else's?

i was in class one day and this guy asked the professor why he never took a day off and canceled class. the prof said to him, "you are paying for this, it wouldn't be right for me just to take off days for the hell of it." the guy just stared blankly for a moment or two and said, "i ain't paying for it, you don't think i would be here if I HAD TO PAY FOR IT? i gets it free."

son of a b*tch, i am sick of paying for damn parasites and leeches.

5* and pin suggest.

Of course, "they" will still expect payment from those with past due student loans, plus interest.

Debtors prison is the next step.

Debt forgiveness after all it's only digits on paper or a computer right? The teachers/schools got paid so where is the problem?

It's not debt forgiveness.

It is Obamacare's assumption of private debt onto the public shoulders. The student debt is still there, but Obama will tax their parents to death in order to pay off the banks who hold the student loans.

I fully expect that only blacks, homosexuals, and illegal aliens will have their debts excused.

MOTHERFUCKERS.

THAT'S IT.

If the amount of money given to the bankers was instead given to each individual taxpayer the taxpayer would have received over $80,000, you think that might have turned the economy around?

this is what u do when it's your job to destroy the dollar...

Bush had the banks give out loans to those who couldn't afford them. They were predatory in their practices, but people were stupid to take loans they knew they couldn't afford. These people should have lost everything. The banks should have lost everything and the government had no business advising these banks. Elliot Spitzer tried to stop them, but we all know what happened to him.

Now, thanks to this stupidity by everyone else, those of us who didn't fall for this crap are supposed to foot the bill for it?

Ridiculous.

More bailouts is not the answer, ever.

Wrong President.

Bush tried to get Congress to stop the Freddy/Fannie Freeloader Fail. Barney Fag and his fellow Democrats refused to do so.

Whoa, pinned, cool, thx mod!

lol You're welcome.

America is going to look like Nicaragua in five years. Obongo/mugabe 2016~!

More like Zimbabwe in 12 months.

To the people who think wealth distribution is a good idea. They're not going to raise the third world to match us, they're going to lower us to match the third world.

Sorry, kinda off topic.

Not off topic at all. That's what the Obama/Democrat agenda is: Universal poverty with a permanent oligarchy to rule over it.

News flash brain child. Someone has been, and will always be, paying for hat you enjoy now. Infrastructure, education, communications, military, social security, retirement....it's not like your money is actually in a bank somewhere multiplying to cover the cost of the things you enjoy. I payed on my loans for twenty years as a single father and I barely made interest payments. I have never been on welfare and have always worked two jobs. Wake the fuck up. Why do you fucking fiscal conservatives always refuse to see what your pro life, pro capitolist views have created? The American
Scheme promotes borrowing as responsible fiscal policy. The eighties were all about debt as a means to success. Student loans were actually pushed on many of us by eager beaver, on campus bank reps and fed loan folks as a cool way to pay for school. The interest was over ten percent and each semester actually calculated separately. The interest actually accrued exponentially. Most twenty something's couldn't grasp that. The AmScheme tried to convince students that borrowing money actually equates to greater overall lifetime earning power. Now they rescind that notion. We still use this mentality in housing and credit policy. " buy now and save" is our national mantra. Credit scores, for example,reward the use of credit and punish those using cash or saving instead of spending. It's systemic. But why blame the culture when you can blame those that got suckered into believing what it taught?