Skip to comments.King Obama Vows to Go Around Congress on Student Loans
Posted on 06/07/2014 12:16:26 PM PDT by bestintxas
In this week's address, President Barack Obama underscored the importance of helping to lift the burden of crushing student loan debt faced by too many Americans and highlighted the efforts he's taken to ensure we uphold America's commitment to provide a quality education for all who are willing to work for it.
(Excerpt) Read more at breitbart.com ...
There is no way the gov,t should be involved in student loans.
The House? The Senate? The GOP? The Democrats? His cabinet? The Constitution?
None of that matters.
He's gone "all in".
can you blame him? these students had no idea how much they were borrowing or that they would have to pay it back.
The real problem with Obama is that he hacks at leaves, never goes for the roots. The real problem with higher education is what lurks at the foundation for making university/collegiate tuition so expensive in the first place, not the fact that we need to loan out money. That’s the big problem with the ACA as well, it never makes any attempt to look at the foundation to the high cost of care, just throws out money at the problem. If I ran a business that way, my suppliers could screw me royally with exorbitant prices. But since Obama hasn’t been a businessman, he doesn’t think about that principle of going for the source of the problem, and it’s hurting the rest of us.
So what in the sam hill is he going to do? Forgive the loans?
So, will the taxpayers be left holding the bag? What’s another trillion or so dollars added to the national debt, or added to unfunded liabilities of government????
I don’t get this. We have encouraged student loan debt to accumulate, as we have had government involved in granting and subsidizing loan programs. There is evidence that college costs have increased so much, adjusted for inflation, precisely because these loans are out there to pay the freight.
Government does all it can to encourage student loan debt, then Obama comes along and declares that the student loan debt is a burden to the country.
OK, so what is the solution? For government to get out of the student loan business altogether? For government to just forgive these loans? I’m all ears.........
in other words he wants to “forgive” student loans that will cost many billions of dollars.... without Congress....
Or the banking industry, auto industry, healthcare.
pneumonia, aggravated by weakening of immune system (caught cold while riding on his estate, developed pneumonia, Doctors were called in and they bled him profusely with leeches [because that’s what they did] to the point where he could not fight the disease. Probably would have survived with different treatment. Today, doctors believe Washington died of an acute streptococchal infection of the larynx, which caused a painful swelling of the interior of the larynx resulting in suffocation. A tracheostomy probably would have saved his life, and indeed one was suggested by the youngest doctor in attendance, Elisha Dick, but the technique was new and considered unsafe by the elder physicians.)
debility (old age; most likely heart failure caused by arteriosclerosis)
debility (most likely dehydration resulting from amoebic dysentery)
debility (most likely tuberculosis, caught after the onset of a cold)
John Quincy Adams
paralysis (stroke), at his desk in the House of Representatives. Adams had risen and loudly exclaimed his “No!” vote to a resolution to present swords to veterans of the Mexican War (which Adams had strongly opposed) when he became flushed and unable to speak. He then clutched his chair and fell into the arms of his fellow House members.
comsumption, dropsy, tubercular hemorrhaging
Martin Van Buren
pleurisy, pneumonia (gave his inaugural address in snow and freezing rain without adequate clothing; caught a severe cold that developed quickly into fatal pneumonia, because he failed to heed the chills and fever that developed immediately after the speech, instead appearing, dancing, and drinking at all of the inaugural balls)
bilious fever, respiratory failure
cholera morbus resulting in debilitating diarrhea (nutritive expulsion and dehydration; buildup of excretive acids in bowels and intestines)
heat stroke, bringing on bilious fever, typhoid fever, and cholera morbus. (Taylor dressed himself in a black high-collar suit for the July 4, 1850 dedication of the Washington Monument, got overheated, then shocked his system by consuming copious quantities of iced milk and cold cherries, and his internal organs began to shut down — basically, he waterlogged himself to death. William Henry Harrison “got too cold and died,” and Zachary Taylor “got too hot and died.”)
paralysis (cerebral hemorrhage, stroke)
stomach inflammation, caused by years of alchohol’s effects on the walls and linings of his internal organs
respiratory failure, rheumatic gout
assassinated (actually, probably killed by doctors probing for bullet, but he would have been a “vegetable” at best had he lived)
carcinoma (cancer) of the tongue and tonsils
assassinated (Actually, Garfield was definitely killed by his doctors probing for bullet; he would have completely recovered otherwise — the doctors who thought the bullet went where in fact it did were overruled by their elders who thought otherwise, and who stuck unclean metal probes into the President’s wounds in vain attempts to locate the bullet, introducing infection and making brand new holes and paths that just confused them all the more. The metal detector they tried would have worked to find the bullet, but they didn’t think to move him off the metal bedsprings, so instead they kept poking, believing that Alexander Graham Bell’s invention was useless.)
Bright’s disease, apoplexy (cerebral hemorrhage, stroke)
debility, coronary sclerosis, stroke, or intestinal obstruction (doctors differed as to the cause)
assassinated. McKinley may have been saved if doctors knew where the bullet was lodged. Since he was shot at the Pan-American Exposition in Buffalo, NY there was an interesting new invention on display only a few yards from where McKinley lay — the X-Ray machine! If they had carried him those few yards to this exhibit, doctors could have determined the exact location of the bullet, and would have probably been able to save his life. But as fate would have it, they did not consider the possibility and he died some days later from his wounds.
coronary embolism (assumed), inflammatory rheumatism
apoplexy, paralysis (stroke) — had survived a number of minor and at least two major strokes.
apoplexy (rupture of brain artery, stroke), pneumonia, and enlargement of the heart, all brought on by high blood pressure (his “friends” basically killed him with the scandals that racked his presidency)
heart failure (coronary thrombosis)
massive internal hemorrhaging, bleeding from upper gastrointestinal tract; strained vascular system
cerebral hemorrhage (stroke)
minor lung congestion; complexity of organic failures; collapse of cardiovascular systems
heart disease (coronary thrombosis) (One month before his death, Ike underwent necessary surgery to unblock his intestines. Doctors feared that the surgery would weaken his heart, but without it, he would die of self-poisoning. The month he lived after the surgery was possible only through the use of extraordinary life support measures, for which his doctors were later fiercely criticized.)
paralysis (stroke), swelling of the brain
cerebrovascular disease and diffuse arteriosclerosis
All of the above are far too good for Obama. I hope he survives the terrible two years in power that he has remaining (not that I have any love for the evil man, but I don’t want him to become a martyr and continue harming our country after his death), and I hope he survives to see America survive and thrive despite his efforts to destroy a free country. Beyond that, I’m indifferent whether he dies slowly, in pain, and bitter that he was unable to destroy something good, or he repents and dies regretting that he wasted his life on the side of evil.
So what in the sam hill is he going to do? Forgive the loans?So, will the taxpayers be left holding the bag?
The students(taxpayers) will be the ones holding the bag with all that debt ,they will not get off free
The constitution is meaningless with a dictator in the White Hut, morons in congress, and activists in the judiciary.
Hey Congress means NOTHING to a Dictator..which is what Obama is..he knows he only has 2 more yrs to do whatever necessary to transform America into the Communist Utopia he envisions..that way no matter which Republican runs, or wins..it won’t matter, they will never be able to undo what has been done, that is what Obama is banking on
“There is no way the gov’t should be involved in student loans.”
It will morph into another welfare program billions of dollars in the red. This is precisely why Obama took it over. Another giveaway for a largely Democrat constituency.
“...lift the burden of crushing student loan debt...”
Billions to Egypt. Probably billions in Air Force One costs for vacations and world tours. Billions for half-baked schemes and cost overruns. More billions in earmarks and yadayada. How many could go to college on the money the gov’t. squanders?
Good comments and I was reading to see Garfield and McKinley’s assassination stories from back when practicing medicine really meant something.
I have no research to back me up, but it seems to me there is a large percentage less blue collar, testosterone jobs than in the 50's and 60's ... meaning guys are channeled into white collar work where they can drive a relatively nice car, dress like a metro and look at girls all day long ... only to go home with an identity crisis roiling inside
What to do ?
I know ... go to a club, get laid and fool yourself into thinking you're a man.
Yeah ... that's the ticket
The prez has no power to forgive debt owed to us. Impeach him.
It’s because he has done increasingly outrageous things and nobody has been able to stop him.
This will cause so much consternation among the middle class people who did not attend college due to belief they could not afford it. And now they see the people majoring in art appreciation, attending maybe 9 years to get their BA, having all their “education” paid for by the guy who forwent college.
Totally sickening and unfair.
If the “students” don’t have to pay back their “loans”, someone else will
Guess who will now subsidize those Ivory Towers and other bastions and cesspools of liberal academia?
The academia- despised taxpayer, the guy whose kid joins the Army because he is a dumb chooch, the gal who aspires to fry burgers for $15 an hour for the next 20 years, the radical Tea Partier who deserves to be interned as Gitmo closes
aka “Ben Dover”
JERRY: (trying desperately to make conversation) So, Ceausescu. He must’ve been some dictator.
KATYA: Oh yes. He was not shy about dictating.
JERRY: He, uh, he must’ve been dictating first thing in the morning. “I want a cup of coffee and a muffin!”
KATYA: And you could not refuse.
JERRY: No, you’d have to be crazy.
KATYA: He was a very bad dictator.
JERRY: Yes. Very bad. Very, very bad.
“...Beyond that, Im indifferent whether he dies slowly, in pain, and bitter that he was unable to destroy something good, or he repents and dies regretting that he wasted his life on the side of evil....”
I lean more towards the former: long, slow, painful, and bitter. Once again, Hell itself will have to enlarge itself to take in another one of Satan’s finest works.
If he does student loan debt forgiveness, that means all those students got free college educations.
Must be nice.
What about all of those people who didn’t go into college, took a military option to owe time instead of money, went to cheaper less presigous colleges to avoid debt, or paid their loans when they were supposed to? It’s terribly unfair to reward those who took irresponsible loans they couldn’t or didn’t bother paying back.
No they were told since kindergarten that if they went to college they would make enough that it wouldn’t matter.
“OK, so what is the solution? For government to get out of the student loan business altogether? For government to just forgive these loans? Im all ears.........”
For my oldest it will be the GI Bill. It’s worked for decades but, I’m sure this is not what he has in mind.
It’s always interesting to see what happens when the right people finally get an attack of conscience. Makes one wonder about the ongoing officer purges.
He will die I office of natural causes consumed by the 2nd term curse.
Why doesn’t someone in the House of Representatives file for impeachment?
The reason that students have trouble paying off their student loans is that too many of them have degrees that are not translatable into well-paying jobs. These students are earning $20,000-$40,000 dollars with their degrees, not $60,000-$80,000. In other words, too many students are going to college and earning too many worthless degrees. Obama’s answer? Let’s do more of that!
It isn't in the personal interest of any member to do so.
To make a ruckus is to call the wrath of the media on one's head. Keeping their jobs is job #1.
A couple of days ago I happened to look at the website of a small, nominally-Catholic university (Dominican) in California (total students, 2,240). ANNUAL tuition: $45,000. ANNUAL Room-and-Board: $13,000. ANNUAL other costs: $6,000. Total ANNUAL cost: $65,000. Total 4-year cost: $260,000. Total faculty: approx. 220 (university claims 1-to-10 teacher/student ratio). Total annual revenue from students (est.): $130,000,000. Ironically, the university website proclaims “sustainability” as one of its core values.
The last time I crunched the numbers, the cost for a bachelor's degree using an economically sensitive strategy was about the same the cost of buying a new Honda Accord or Toyota Camry. That strategy might be a couple of years at the local community college, then transferring to state U for the final two years. (There are always places available for Juniors and Seniors, because the state U dropout rates are so high.)
As for spending $200,000 + to attend a second or third tier college -- that's a financial decision about as sane as the average household (median household income in the US is $53,046) spending $200,000 to buy a car. That $200,000 car is nicer than a Camry, but can you really afford it?
When you boil America's most contentious issues down to basics, government is the sole feeder of the problem. Most people would politely and peacefully avoid or reject open homosexuality in their kids' schools and youth groups. At least a few landlords and employers and businesses, such as theme parks, would prefer having the freedom (denied them now via "Civil Rights") to peacefully, civilly tell open homosexuals, "Go someplace else."
That most Americans would do this is WHY the homosexual lobby has to call in the force of government, whether it is state or federal government, on charges of "discrimination."
Government is the sole nourishing source of the problem. Same with welfare and food stamps, horrific education, unemployed teens, etc.
Both the Republican and Democrat parties offer the same basic choice in very mildly different flavors: more government.
Americans are yearning for choosing the other way, the way that says, "Reduce government and restore self-dependence and freedom."
” ... America’s commitment to provide a quality education for all who are willing to work for it.”
If bonehead *really* want’s to see the SHTF, go ahead Zero, issue a fiat order shucking these loans on the backs of the taxpayers ...
And Brack’s rhetoric is sucking really bad gas lately: If students aren’t willing to pay for it, then they aren’t willing to `work for it’!
It’s bad enough that we’re paying to educate illegal’s and their kids ....
My GSLs were 9%, it *wasn’t* tax deductible (thanks to Slick) & I paid every cent of it over many years.
Crimea river—then pay your damned loans back!
When will a consortium of conservative constitutional lawyers and scholars form a clearinghouse for taking the King to court?
We can’t just sit back and allow him to destroy the constitution, and we can’t impeach him for any reason whatsoever. The MSM would cover for him if he strangled a puppy on live TV.
It seems real obvious that Obama is now governing in a new way. He’s been moving in this direction from the very beginning, but something changed recently.
He thought he would have a couple more years to complete the ‘fundamental change’, now he knows he has to push for the uprising so he can declare martial law before the mid-terms.
To address that question, first note that the Founding States had delegated the power to appropriate the funds for Congress to perform its constitutional Article I, Section 8-limited duties solely to the House of Representatives. This is evidenced by the Constitution's Clause 1 of Section 7 of Article I. The problem concening Obama's education program is that, with the exception of the federal entities indicated in the Constitution's Clause 16 & 17 of Section 8 of Article I as examples, entities under the exclusive legislative control of Congress, the states have never deleated to Congress, via the Constitution, the specific power to tax and spend for intrastate schooling purposes.
In fact, Justice John Marshall had clarified that Congress is prohibited from laying taxes in the name of state power issues, essentially any issue which Congress cannot justify under its Constitutional Article I, Section 8-limited powers.
Congress is not empowered to tax for those purposes which are within the exclusive province of the States. Justice John Marshall, Gibbons v. Ogden, 1824.
But regardless that the question as to where Obama must get the funding for any of his official actions has been answered (he must get it from Congress), the next question is where is Congress getting the funding to support Obama's student loan program since Congress doesn't have the constitutional authority to tax and spend in the name of intrastate schooling? And the answer to that question comes from visionary Thomas Jefferson, a promoter of education.
The great mass of the articles on which impost is paid is foreign luxuries, purchased by those only who are rich enough to afford themselves the use of them. Their patriotism would certainly prefer its continuance and application to the great purposes of the public education, roads, rivers, canals, and such other objects of public improvement as it may be thought proper to add to the constitutional enumeration of federal powers [emphases added]. Thomas Jefferson: 6th Annual Message, 1806.
Jefferson clearly indicated to amend the frigging Constitution to grant Congress the specific power to tax and spend for public schooling purposes.
So what Obama and sleeping Congress must ultimately do to finance Obama's student load project is the following. Obama must inspire Congress to propose a student loan amendment to the Constitution to the states for ratification, just as he should have done for constitutionally indefensible
Obamacare Democratcare. And if the states choose to ratify Obama's amendment then Congress will have the power to lay taxes to fund Obama's vote-winning student loan program and Obama will be a hero.
“Why doesnt someone in the House of Representatives file for impeachment?”
They are duty-bound to do so.
they are worse than Obama in shirking the Constitution since they dont
Exactly what I think.
The strategy to attend a CC for two years is clearly a good option. My younger daughter did that, and - three years past her BA - she is debt free.
Interest rates on student loans before the federal government got involved? 2.7%.
Current interest rates:
- Undergraduate: 3.4%
- Graduate: 6.8%
Obama fixing the problem? That sounds about the way he operates.
The real problem has never been addressed in that universities can pretty much charge whatever tuition rate they want. My alma mater has increased tuition from $20k in 2002 to $46k i 2014. Is it worth it? Of course not.
My medical school increased tuition from 18k per year to 34k per year since 2009.
I refuse to contribute a dime to these universities given their current practices of gouging their students so that they can do whatever the heck they want.
Another problem, of course, is the number of worthless degrees being produced. The next step Obama will no doubt envision is that those who got meaningful degrees that lead to employment will begin to subsidize the tuition for all of the antropology and sociology students out there.
Smart comment, and useful for arguments with libs. Oh wait, most libs haven't a clue how to run a business either. Big sigh.
Sums it up nicely. Hope you get posters printed.
“The students(taxpayers) will be the ones holding the bag with all that debt ,they will not get off free”
The problem is that to pay their obligations they are going to be helped by other taxpayers, including those who did not attend university - thus minimizing their personal burden. So many of these student loaners-with-worthless-degrees get to keep their degree and have their burden put on the backs of others. They should be forced to forfeit their degrees in lieu of having the fed govt write them off. It make it a crime to claim one earned a degree that has been forfeited.
He is not a king. Period.
As I recall as a student LBJ was asked to write about what the constitution said on education. He turned in a long treatise. The professor marked it all wrong and told him the Constitution didn’t say anything about education.
He resented the low mark and said he would work to change that. It’s too bad he didn’t learn the correct lesson.
Please correct me if I'm wrong, but wasn't LBJ a popular president like FDR? If such was the case, then why didn't these men use their popularity to encourage Congress to work within the framework of the Constitution by petitioning the states for amendments to the Constitution for new powers?