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Obama's plan for student loans

Discussion in 'Sports and News' started by JayFarrar, Jan 25, 2010.

  1. Cousin Oliver

    Cousin Oliver New Member

    Welcome to America 2010, where a stimulus package that gives tax cuts to 95 percent of the country is considered "wasteful."

    http://www.cnn.com/2010/POLITICS/01/25/poll.stimulus.money/index.html


    Joe Klein sums it up perfectly:
    Read more: http://swampland.blogs.time.com/2010/01/25/too-dumb-to-thrive/#more-20613#ixzz0desbA8Ef
     
  2. poindexter

    poindexter Well-Known Member

    Your post implies that the tax cuts were considered wasteful by americans. You neglected to mention the idiotic stuff that was spent in the name of 'stimulus'.

    Disingenuous.

    But you knew that.
     
  3. Oggiedoggie

    Oggiedoggie Well-Known Member

    Wow.

    I could have gone to journalism school for like 30 bucks.
     
  4. Cousin Oliver

    Cousin Oliver New Member

    Thanks for proving my point. Don't read the details. Just criticize. Government bad.
     
  5. Michael_ Gee

    Michael_ Gee Well-Known Member

    True fact: The stimulus money spent to date is overwhelmingly tax cuts and direct aid to state and local governments. The public works expenditures will mostly take place this year. I don't blame folks who think the program didn't work -- the economy was way worse than the Obama folks thought and that's sure on them, and people are never going to approve of the idea that things didn't get fixed, but they would've been worse. Oh, great, the boat's got a SLOW leak.
    But what even right-wingers define as "waste" hasn't happened yet. Of course, a popular definition of waste is "government spending on somebody other than me."
     
  6. poindexter

    poindexter Well-Known Member

    People may or may not be smarter than the jackass writer from Time gives them credit for.

    When I hear 'stimulus' I think of the 80-85% of the new mortgages that the government is backing.

    Cash for clunkers. Airport for Nobody.
     
  7. poindexter

    poindexter Well-Known Member

    Government bad.

    We finally agree on something.
     
  8. Boom_70

    Boom_70 Well-Known Member

    How about AIG / Banker bonuses? Do you think those were a waste?
     
  9. Cousin Oliver

    Cousin Oliver New Member

    If you actually read the story, it's pretty clear.

    This is absolutely hilarious. You post to defend the "implication" that people don't take time to learn the details about things they're criticizing.

    And in the process, you don't take the time to learn the details of the things you're criticizing.

    Perfect. God bless America.
     
  10. Michael_ Gee

    Michael_ Gee Well-Known Member

    The "waste" in the bailout was not seizing the banks and AIG as failed businesses and operating them under bank failure law. It would have cost more, but it was the economically correct thing to do.
    Unfortunately, it was a little too extreme for Obama, and it's too late for him to regret it now.
     
  11. ucacm

    ucacm Active Member

    The legal market is in the absolute shitter right now. I'd bet students with law degrees would benefit from this program more than just about anybody.

    http://www.latimes.com/news/opinion/la-oe-greenbaum8-2010jan08,0,4457698.story?track=rss
     
  12. Boom_70

    Boom_70 Well-Known Member

    I guess the federal deficit is no longer a problem.
     
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