:beatdeadhorse: one more time and then I give up. the federal gov't ALREADY guarantee's student loans. it has for about 30 years or so. IN ADDITION to this, the federal gov't guarantee's a profit to private banks. how is this NOT corporate welfare and socialism??? someone please enlighten me.

what this law means is that my tax money will no longer subsidize private banks. I'm just not seeing the arguement that eliminating corporate welfare is a movement towards socialism. :wtf: I see as just the opposite.

Honestly most of y'all are preachin to choir with all this libertarian stuff. But if people want to pretend that I am argueing the liberal cause and want to jump in with their best tea bagese, then feel free. :rastasmoke:
boaz Reviewed by boaz on . President bitchslaps the bankers. Round 1. President Barack Obama signs student loan changes into law March 31, 2010 WASHINGTON (AP) - President Barack Obama approved legislation Tuesday that makes the government the primary issuer of student loans. Proponents of the change say it will provide bigger grants for college students who need them and relaxed payment terms for students with loans. It will also more money available for community colleges and historically black institutions On the other side of the coin, banks and Rating: 5