Remember, those WHO scream the loudest our guilty of what they say T is doing. Du Du said, "word" is that T is into young hot dogs. I wonder what Du Du is really into. Dude is a sick fuck. Old crusty loser with no hope except to pee on a dead man's grave!!!
Today in Fascism
- Thread starter Hüsker Dü
- Start date
kickingandscreaming
PREMIER
Yeah, I should appreciate Obama more. Look at all his accomplishments.
Its sad and cruel that they keep trotting him out in public.
kickingandscreaming
PREMIER
No one who’s been paying attention is shocked.
x.com
Not the Bee (@Not_the_Bee) on X
LA City Council takes step toward letting illegal aliens vote https://t.co/fyQ82G2fDM
Bruddah IZ
DA
Obama is a tool of the City of London. The City of London has profited from dividing countries for centuries.
Bruddah IZ
DA
The Artist of the Deal: The Takeover, and the Men Who Ran It
Because in 2010 the enterprise did the one thing that makes the case vanish. But to understand that move you have to see who built the product first.For decades the loans ran through private banks. The bank issued the loan. The government guaranteed it. If the student paid, the bank pocketed the interest. If the student defaulted, the taxpayer reimbursed the bank for almost the entire loss. The bank carried no risk and kept the profit. It was the safest, most guaranteed money on Wall Street, an investment that could not lose.
At the center of it sat Sallie Mae. It began as a public creation, chartered to serve students. Then it was privatized and set loose as a for-profit business trading on the backs of borrowers. It spent millions lobbying Congress to pass the very laws that stripped your bankruptcy rights, protecting its own revenue stream from any disruption. It later split off a collection arm called Navient, the company now accused in court of illegal collection practices and of defrauding the borrowers it was built to manage. The lender that was supposed to serve students became the thing students were warned about, and the man whose administration set that privatization in motion was Bill Clinton.
That is the first name in the case file. He took a public lender meant to serve students and helped turn student debt into a private product sold for profit.
Then came the second move, and the second name.
In 2010 the government cut the private banks out of the federal loan business and made itself the only lender. The official story was savings. Cut out the middleman, save the taxpayer money. The real move was a seizure. The profit center that used to flow to Wall Street now flowed straight to the Treasury. The government did not end the racket. It took the racket for itself.
And it bolted that takeover onto the health care law.
They could not pass Obamacare through the front door. They did not have the votes to break a filibuster. So they used a budget loophole, a process that needs only a bare majority and cannot be blocked, but that comes with a condition. To use it, the bill has to show budget savings. The student loan takeover, by killing the guaranteed payments to private banks, produced the savings on paper. So they fused the two together. The seizure of the student loan market became the financial engine that qualified the health care law for the loophole. The savings wrung out of a generation’s debt were routed into funding Obamacare.
One vote. Two operations. The public was told it was about health care.
That is the second name. Barack Obama nationalized the student loan market, tied it to his signature law, and pushed both through with a method built to keep the public out of the decision. And he knew. The savings were scored in advance by the government’s own number crunchers. The loophole was chosen on purpose precisely because it dodged an open vote. He signed it understanding that the student debt machine was the fuel that made the rest of it legal.