Skip to comments.Weekly Address: Obama Vows to Go Around Congress on Student Loans (Video)
Posted on 06/08/2014 12:01:37 PM PDT by blueyon
White House: 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......
(Excerpt) Read more at breitbart.com ...
Yeah well if he goes around them again - they’ll get mad and do something.
The Student Loan issue is a loser for Obama and the regular folks who did not go to college will hate him for forgiving student loans. This could be a big issue in the 2014 Elections.
He’s gonna go around Congress again to change Student Loan repayments on what authority? We are talking billions, maybe trillions of dollars.
This guy will absolutely break this country financially.
Anyone who paid one centavo for their education seeing this happen should storm the white house and pull that jackass eared marxist out of there and make him go to work to pay off all the over due loans. I paid cash for my education, I worked while commuting to college and I strongly resent anyone getting a free ride on my dime now.
Look at it this way, all those professors and administrators for the most part support the dem party. So, these inflated college costs go to them and when the loans are forgiven the money has been laundered right back into dem coffers.
Imagine my surprise when I received my twice weekly spam email fro. Senator Party “doofus” Murray ghe other day.
The subject line was “Crushing Debt”
For a brief instant I was completely confused as to why the little person cum Senator from Shoreline Washington had suddenly begun caring about our national debt.
Alas...it was just an email pimping studs loan forgiveness and calling it refinancing.....apparently someone noticed that 12-27-10k in student loan debt for a degree in therapeutic poetry is tough to pay off and if the commies in charge wave the magic Obama stash wand they can viola some future votes...abracadabra ala kazam.....ala peanut butter sandwhiches.
Wrongo Bongo....a majority of college students are female....against loan forgiveness you are for war on womynz.
Majority if men under 28 are living with mommy and daddy....eliminate the student loan debt for those not playing Xbox for a career and you get them outta mom and dad’s home.
He has a pen and a phone. He don’t need no steenkin congress.
The idiocracy continues.
That’s his goal,to break the country.He’s had great success in doing this due to his skin color and everyone cringing in fear of being called a racist.
That’s the idea.
This is nothing more than a bailout of libtard college professors and unions.
Does this mean that all credits, degrees, etc. that were paid for with these tax payer funded loans will be revoked? After all, why should they have the credits if they aren’t going to have to pay for them?
The key question about Obama's proposed student loan spending program is the following. Where is Obama getting the funds for this education-related project?
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 delegated 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 intrastate 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.
I want to know if us responsible people will be reimburse for paying off our loans
Turning the student loans into another vote buying slush fund for the rats - at the expense of all of us. The government gives out loans to pay the teachers to teach the kids to vote rat, and the kids then vote rat and the government pays off the loans. Isn’t there already a law against this sort of thing?
He must believe he’s going to lose the Senate and is going to do whatever he can before we have the clout to stop the little $rick.
“The Student Loan issue is a loser for Obama and the regular folks who did not go to college will hate him for forgiving student loans.”
I’m going to respectfully disagree with that opinion.
Why? Because lotsa homeowners were granted mortgage relief and this is just the same for a different, almost certainly non-homeowner class, eg; “it’s only fair”, and “it makes no sense”.
Everyone knows college costs are too high, that is inarguable, so this will have populist appeal. Remember, nobody gives a crap about any amount of money being spent on anything as long as they fail to grasp that the money ultimately comes from them. There is nothing principled about this thinking, it’s just whether they think it comes out of their pockets or it doesn’t, and they don’t think about these things anyway.
It also preserves the elitism structure that the folks who buy in adhere to and the folks who *don’t* buy in adhere to even if they are seemingly victimized by it. People who DON’T go to college, whether they know it or not or like it or not, EXPECT those who go to college to be smarter that they are and to have a generic right to tell the undereducated what to do and how to live their lives. And most of those people WANT others to tell them how to live their lives. Whether they will admit it or not.
Sad, and crass overgeneralization, but true, IMHO. I think just the opposite of your opinion, I think this is a big winner for 0bama. Responsibility is so...overrated.
Starve the beast.
How do we do that, because I'm in if I can.
Notice how there is generally a “grand finale” at most firework displays?
Will there be a “grand finale” at the end of the Ø regime? Are we entering a “grand finale” now? Seems to be a crescendo of scandals and lawlessness busting out...
A Republican (hopefully conservative) congress should be able.
While obama is busy building his base, republican refuse to do anything, because they fear energizing his base.
Republican GOPe is a field of fools.
I think the GOPe is worse then the rats, at least they make no pretense of not being communists.
Cynical attempt to buy votes and get the youth vote back...with taxpayer money borrowed from China.
Debt, like pregnancy, doesn’t just happen on it’s own. Both are nearly always the result/consequence of volitional choices. You make the choice, you pay the price. That’s life.
0’s only agenda is to circumvent US Law! Pathetic man!
In the mean time, what can we do now to starve the beast?
You make the choice, you pay the price. Thats life.
Not in a ‘Progressives’ world.
O’ federalized all new students loans and raised the interest rate ...
to help pay for Obamacare.
Now if he directs the loans to be “forgiven”, then how does the CBO declare that revenue source to be balanced with other cuts?
Whack medicare and the military again?
I can’t give you the sub-details.
I believe that 0bama is now entering the final phase of his presidency where he knows he has to and is determined to produce as much destruction as he can before his term ends. It’s a chilling thought, frankly.
He has been to this point successfully immunized against any degree of lying or rationality of spending restraint, and pretty much any degree of aiding and abetting the enemy.
It’s OK if he arms the Syrian opposition with arms sent to the failed democratization of Libya and loses personnel trying to cover up that operation. It’s OK if he releases colonel-general-grade officers of the Taliban from custody after great amounts of blood and treasure were unquestionably expended capturing them.
There is no mathematical constraint or assumption of overall balance when it comes to funding programs he decides are desirable; The US Treasury is just a big bag full of money he can dip into for any reason he wants; whether to pay back his campaign buddies in the case of the dozen or more solar companies that have imploded, to support 0care with any number of “navigator” jobs and fraudulent 50x overpriced database efforts.
There is no accountability for his directives and aims on introducing millions of illegals into the country for the reason of appealing to populists, stuffing the demographic ballot box, and cheap-labor corporatists.
If he needs the help of the IRS to suppress dissent or soon, to deny medical care to those deemed expendable, there’s little doubt in my mind he will proceed to do so.
What has he been held accountable for so far? Anything? The story has been crystallizing for some time now. You either get on his train or not. There is no justice department functionality other than furthering his agenda of destroying traditional Americana wherever it can be found.
I don’t see anything ending this. There is no scandal or piece of wrongdoing they cannot simply wait out, ignore, then change the topic after two weeks absolute tops. There is no attention span when it comes to holding the admin to any sort of account. The market is at all time highs and now you want to get in the way of that by changing anything they want to do? What’s the upside of that?
Now we will be getting into the Hillary worship phase and the 2014 election phase. All this admin needs is about 1 or 2 other topics to rotate to when the VA and Bergdahl and Benghazi and the IRS thing get a little lukewarm...and ironically, NEW outrages are perfect for this. So I see this as a ripe field for the most outrageous crap you and I probably can’t imagine. But these guys have proven, if anything, that they can come up with groundbreaking outrage when the need or desire arises. The more they come up, the less likelihood that any one thing will stick to them.
When the poster I was originally replying to said "starve the beast", I was hoping that was what he or she meant meant.