Tag Archives: romney

Talking About Student Loans Is Pandering; Doing Something About Student Loans Is Progress

Business, Economics, Education, Politics, , , , , ,

The latest appeal to the votes of young people involves the student loan crisis. President Obama has started to “talk” about student loans to show that he’s paying attention to young people issues. Mitt Romney is talking about student loans to show that he’s not overlooking the issue either. Students (or former students with debt) are thinking, hey, they’re finally paying attention to an issue that’s near and dear to me.

Fact: They’re not. In fact, what both the president and his opponent are doing is called pandering. Pandering is when someone talks about an issue that is important to people, but in reality, they’re not actually going to do anything substantial about it. They might, if forced into a corner, make some minor stride, but when pandering, the point is to show that you care without actually really caring.

Obama mentioned yesterday that he just recently paid off his student loans. So young people should understand that he “feels” your pain. No, he doesn’t. He’s a one percenter who is filthy rich and will never have to worry about paying off a loan again in his lifetime. He mentioned he paid off his loans 8 years ago. 8 years ago, he was in the Senate, which meant he was in a position that allowed him almost unlimited access to the abilty to paying off his debt. THAT is how he paid off his student loans. Not through some great government assistance that came to his rescue. Unless you consider that government assistance to be a position in the Senate.

And Romney talking about student loans is just a filthy rich billionaire who doesn’t give a flying crap about people in debt. He made his money off of other people, and when people do that, they don’t care about the struggles of others, especially when your company that made you rich makes a mint off of people who are struggling anyway.

What’s of more concern here is the fact that so many of us are overwhelmed with student loan debt that we may never be able to pay off in our lifetimes. Generally, the response of the rest of society (usually from people who are well off and have never had to really suffer under any real debt) is that it’s all our own fault for going into debt, that we’re a bunch of lazy young people who need to go get a job, or some other innane banter that unravels once you actually start thinking about it.

Neither President Obama nor Citizen Romney have any intentions of doing anything to upset the apple cart of student loan debt that so many banks are profiting off these days. Government looks after the wealthy and the banks, not students or common citizens. Instead, government panders to the common people, throws them table scraps and then pretends they really care.

Expect more of this kind of drivel leading up to the Election of 2012. Neither Congress nor the President is going to enact anything that really helps students. Keeping a loan rate at a lower interest rate ISN’T assisting anyone in any great way as the debt still exists, the balance continues to increase, and nothing actually got any better. It’s just more of the same, kind of like “keeping Bush’s tax cuts” is somehow supposed to “create jobs” by doing exactly what we’ve been doing before when somehow that wasn’t leading to the creation of jobs in the past, but is somehow going to lead to a surplus of jobs that logical economics can’t seem to figure out how to make happen.

What would solve the student loan problem? Mass forgiveness of debt, kind of like people have been advocating for forclosures, which are forgiven through bankruptcy. The problem with student loan debt is that bankruptcy does NOTHING to assist someone. If you fall under, you fall under for life, and you’ll never get back out under it because the lobbyist groups that put our government people in power were on the side of banks that wanted to screw over students with student loan debt. Think about this for a moment. You can gamble away every cent you might ever borrow from a bank and be forgiven, but if one dime of that was in student loan debt, you’re screwed. As long as that one issue remains, no politician is ever going to help out the little guy. Why not? Because they honestly don’t care.

If they tell you they do care, they’re pandering. Remember that because no one else is going to tell you that. Instead, the media will tell us what a great job both sides are doing at “caring about” the problem by doing absolutely nothing but painting over the broken foundation.

Can Anyone Actually Beat Obama in 2012?

News, Politics, , , , , , ,

There are a bunch of Republicans trying to run for office, and tons of talk about stupid subjects, like will Sarah Palin run for office, but what no one really seems to be discussing is the HUGE elephant in the room, and that’s the fact that the incumbent rarely loses, especially when no one else is massively popular in the same arena. If you would have asked me back during the second election for George W. Bush if he was going to win or lose, I would have actually thought his chances of winning were slim. But it turned out that incumbency was the overriding factor that propelled him towards a second victory.

We’re in that ballpark again right now. We have a president who was thrown into office with a massive wave of popular support, but even his most loyal critics would be willing to say he’s been quite disappointing as a president. There was a lot of hope for hope and change, but unfortunately the only thing that really changed was the person in office, and to be honest, this man has been somewhat of an after the fact speech maker who seems to think that the bully bulpit is the only thing he needs to run the country. It’s one thing to have a great orator in office, but when all he does is make great speeches, you start to wonder what kind of person you really put into the Oval Office.

But having said that, the Republicans have absolutely no one with any sense of popularity that can get someone elected. Their options are crap, more crap, and a lot of the same. Their show stoppers are carnival clowns that make the audience jump up and laugh, but other than that, they have no one capable of doing any real damage during the election. So, unless they somehow find an underdog that no one is expecting, or one of the boring people running right now suddenly becomes infused with superpowers, I don’t see anything happening this time around other than another four years of a very insignificant, do-nothing president who will basically be a place-holder until someone new comes along.

If you think otherwise, say something. Let us know. I certainly don’t have the last word here, but for some reason people seem so quiet over this issue, or they end up being reactive, falling into political paradigms and relying on talking points that don’t mean anything. So speak up and let us know what you have to say. Otherwise, this is going to be a very boring election with absolutely no surprises whatsoever.