Posts Tagged ‘Student Loans’

Wonder what you would find if you frisked the latest news from Obama and the White House?

Answer: The new Obama-Care bill has been released! …And apparently overhauling the health-care system is not enough, because it also takes over the student loan industry.

DANG! Now that is a big bill! 😯

Or you can read it here.

Gateway Pundit did a great job pointing out some of the outrageous ‘goodies’ found deep within this mountain of paper disguised as a deficit-neutral health-care bill:

There are three sections talking about student loans.
Pg 916 line 17
Pg 1,949 line 4

Student aid portion of bill begins on page 2,098.
Pg 2,192 line 1 and continues for many pages.

Page 50/section 152: The bill will provide insurance to all non-U.S. residents, even if they are here illegally.

Page 58 and 59: The government will have real-time access to an individual’s bank account and will have the authority to make electronic fund transfers from those accounts.

Page 65/section 164: The plan will be subsidized (by the government) for all union members, union retirees and for community organizations (such as the Association of Community Organizations for Reform Now – ACORN).

So far, the bill sounds like a total disaster waiting to happen, but perhaps there is some light at the end of the tunnel. According to the New York Post:

The top House Republican says the GOP can defeat the Democratic health care bill that may reach the House floor this coming week.

Ohio Rep. John Boehner says Republicans alone can’t stop the legislation. But he says Republicans are “going to do everything we can to make it difficult for them, if not impossible, to pass the bill.”

I really hope he is right!

The sad part about all of this is that a lot more government expansions and nonsense will be discovered within this 2,309 page bill in the upcoming days. Until then, the Democrats really need to take a step back, look at the country they serve, and realize how pissed off America actually is. The newly elected U.S. Senator Scott Brown (R-MA) describes this mess quite easily:

Maybe you remember what President Obama promised in his State of the Union address. He said he was going to finally focus on jobs and the economy for the remainder of this year. I applauded him for that. Well, here it is, it’s almost spring. And what is he out there talking about again? That same 2,700-page, multi-trillion dollar healthcare legislation.

So, an entire year has gone to waste. Millions of Americans have lost their jobs, and many more jobs are in danger. Even now, the president still hasn’t gotten the message.

Somehow, the greater the public opposition to the healthcare bill, the more determined they seem to force it on us anyway. Their attitude shows Washington at its very worst – the presumption that they know best, and they’re going to get their way whether the American people like it or not.

Props to Sen. Brown (R-MA)!

After you are done reading the new monstrous 2,309 page Obama-Care bill, be sure to…

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