Hypocrisy of the left? Update – NOW LIES!

The Democrat Party just sent this email:

 
BREAKING: President Obama threatens to veto Republican bill raising student loan rates In a few hours, John Boehner and House Republicans are voting to increase student loan rates to as high as 8.5% for the families who already struggle the most to afford a college education.That is despicable. President Obama is threatening to veto, but he needs you behind him to stop this disaster of a bill.

Tell House Republicans that we won’t let them wring every last penny out of middle class families: Automatically sign your name to stand with President Obama >>

Will you stand up for middle class families and students across the country by putting all your influence behind President Obama’s veto threat?

http://dccc.org/VETO

Thanks,

Democratic Headquarters

 

Van Jones says the rates are automatically going up on July 1.  The Democrat Party says Republicans are going to vote to raise them.  Sadly, the low information voter will believe the lies – evil Republicans!  Can America survive?

by:  Diane Benjamin

Van Jones, communist and former Obama czar, sent the below email today.  Obama supporter and new Senator, Elizabeth Warren, is outraged at the debt students incur to attend college.

In 2009 the federal government began a takeover of the student loan program (http://online.wsj.com/article/SB10001424052970203440104574405154157021052.html) to fund ObamaCare.  Now they are outraged that the government made $51 billion last year, even though the scheduled interest rate increase was rolled back.

So, both Jones and Warren love Obama, ObamaCare, and cutting banks out of student loans.  Who is giving away money to banks at ridiculously cheap rates?  That would be the Federal Reserve and Ben Bernanke.  Why is Bernanke keeping the rates so low?  Because the economy is barely limping along and low rates keep the stock market sailing because there is no where else to park money and get any sizable return.

They are setting up the collapse of at least ObamaCare, the House isn’t going to fund the loss of interest income.  The student loan interest rate is going to increase again on July 1st.  Expect a quick fix to keep the rate from going up.

But the question remains, is the left fighting the left?  Or, what are they up to? Brush up on “Rules for Radicals”.

______________________________________________________________

Rebuild the Dream
Does America really love Wall Street bankers NINE TIMES more than we love our struggling students?If you are a Wall Street banker who needs a little cash, the federal government will loan you money through the “discount window” with virtually no interest — as little as 0.75%.But if you are a young person trying to get an education… the rate on federal Stafford student loans is set to double! Unless something is done, it will go from 3.4% to 6.8% on July 1.That is right: We would be charging America’s youth nine times more than we ask from the mega-profitable banks that caused that crisis in the first place.Senator Elizabeth Warren has introduced the Bank on Students Loan Fairness Act, which would give students the same deal that banks get. We need to get behind this in a big way.

Sign: Tell your senators to co-sponsor Senator Warren’s bill.

If you can believe it, this story is actually WORSE than it appears. The federal government this year made $51 billion in profit off the student loan program. That is about as much as the four biggest Wall Street banks earned all together!

The average student graduates with $26,000 in student debt, and 10% are $50,000 in debt or more. Americans hold more than $1 trillion in student debt. Tuition costs are skyrocketing. Youth unemployment is the problem no one will talk about.

On top of it all, last year’s one-year extension of the low 3.4% rate for federal Stafford loans is set to expire on July 1st. The ONLY reason that extension passed at all is because people like you made it an issue in Washington, D.C. You wrote more than 300,000 letters and made tens of thousands of calls, and you saved student millions of dollars.

We should be proud — and ready to fight for fairness again. And this time, we should fight for bolder, more long-term solutions.

Senator Warren’s bill is the best idea I have heard in a long time. (I just hope it can be extended for more than one year!)

We are fighting for real change and backing champions like Elizabeth Warren. Are you ready to sign on?

If we can afford to loan cheap money to banks, we can afford to invest in education.

Van and the Rebuild the Dream Team

One thought on “Hypocrisy of the left? Update – NOW LIES!

  1. This is only the beginning of the destruction to businesses and our economy that Obamacare will bring! These Progressive Democrats will candy coat their health care nightmare while purposely ignoring the Congressional Budget Office findings. They have arrogantly invented a deception of “pie in the sky” to feed to the people this one way ticket to hell. Every “New Democrat” (code word for Socialist/Communist) is out there wildly overestimating the number of uninsured while ignorantly and incorrectly referring to health care as a Constitutional right. They want to drum up support with lies and sensationalism because these Socialists know that they can not tell the truth if they want their rotten to the core policies to fly under the radar and be passed into our laws. Frankly, these Democrats knew that Obamacare would be a total failure and that is what they are counting on it to fail because when the healthcare by doctors and hospitals falls apart then through a quick fix and knee jerk legislation they will give us National Healthcare. Remember Clinton tried to get that passed but failed so they know that America will not buy into it and that is why they pushed the Obamacare down our throats!

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