In 2007, the Democrat-led Congress passed legislation that would cut the student loan interest rate in half and then reinstitute it July 1st this year.
They did it on purpose.
They wanted the college student loan interest rate to double in an election year, in the summer right before the conventions.
This whole "student loan interest rate doubling" thing is one big, giant Democrat set-up, Mopeder.
They did it knowing that there would probably be a Democrat in the White House who'd be up for a tough re-election fight. They needed a card to play in case they had no other record to run on.
The Democrats use a lot of groups as political pawns while pretending to care about them -- the poor, minorities, senior citizens, women, and now, college students and recent grads.
But it's all a hoax. The upcoming July 1st rate-doubling date was DESIGNED by DEMOCRATS running Congress five years ago!
http://www.politico.com/polit...
West Wing Week: 4/27/12 or "'Don't Double My Rate!'"
President Barack Obama hosted the Wounded Warrior Project's Soldier Ride, visited the United States Holocaust Memorial Museum in Washington, DC, and traveled to North Carolina, Colorado and Iowa to launch a sustained effort to get Congress to prevent interest rates on student loans from doubling on July 1st.
Top Opinion
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Jen 2012/04/27 14:57:41Comment





















Isn't it funny we can't raise a paltry small sum of taxes on millionaires and billionaires, or take away subsidies for oil companies, but in order for college students to have low interest rates on their loans, we have to to take away from women's health care???????
student received a passing grade for a wrong answer, he did know you had to divide
to get the answer. Even though his answer was wrong (300 instead of right answer 3) he got a passing grade. This is how the left is lying to you, what's right is wrong and what's wrong is right, they just want a country of idiots and they are getting them......... what fools.
The colleges need to lower tuition to a realistic amount and not continue looking to government subsidies.
We need to keep education affordable.
They did it on purpose.
They wanted the college student loan interest rate to double in an election year, in the summer right before the conventions.
This whole "student loan interest rate doubling" thing is one big, giant Democrat set-up, Mopeder.
They did it knowing that there would probably be a Democrat in the White House who'd be up for a tough re-election fight. They needed a card to play in case they had no other record to run on.
The Democrats use a lot of groups as political pawns while pretending to care about them -- the poor, minorities, senior citizens, women, and now, college students and recent grads.
But it's all a hoax. The upcoming July 1st rate-doubling date was DESIGNED by DEMOCRATS running Congress five years ago!
http://www.politico.com/polit...
Mind reading is a common tactic GOP pundits use to spin when their party is obviously on the wrong side of an issue (which is pretty much always). Beware when they tell you "Democrats are 'thinking this' or 'hoping that' or 'happy about' something." ...unless they have a quote from that Democrat actually saying that they're planning or thinking something --even an insider's tweet would be *something. But usually there's nothing. Zero.
"They did it knowing there would probably be a Democrat in the White House..." Wow that's some real amazing planning for Dems. If they're that good at playing political chess, they have my vote just based on that!
Read my other post about how the Democrats set this issue up five years ago, in order for it to be raised in this election year now.
By the way, Obama was so concerned in 2007 about student loan rates, that as a senator, he wasn't even present for the vote on the bill that year.
And grown adults like you, Mopeder, actually fall for this political game-playing.
Obama was a no-show in the Senate for the 2007 bill that cut student loan interest rates in half -- but would put them back up to the previous level in 2012 on July 1.
This bill was put in place by the Democrat-led Congress. They specifically planned for the earlier interest rate to be reinstituted (hence, "doubled") right in the middle of a re-election year.
A year in which they must have known that the incumbent running for re-election would be a Democrat, given how hated Bush was at the time.
The 2007 loan-rate bill is not being discussed for you on MSNBC, Mopeder. That's because your liberal media don't want you to know about it.