Elizabeth Warren Pushes ‘Two Wrongs Make A Right’ College Loan Proposal, Receives 250,000 Supporting Signatures

May 14, 2013





A MoveOn.org petition from Senator Elizabeth Warren supporting her bill that would charge students the same rate for loans as banks already has more than 250,000 signatures.



Warren appeared on MSNBC’s The Last Word with Lawrence O’Donnell last week to discuss her proposal that goes further than keeping student loan rates from doubling to 6.8 percent on July 1. Her first bill as a senator would cuts rates to as low as .75 percent, which is the rate big banks currently pay the Federal Reserve for overnight loans.





Said another way: “If the Federal Reserve can float illegal and corrupt loans to banks to bail them out for creating and popping the housing bubble, then they should also be able to float illegal and corrupt loans to students in order to create and pop an already growing college debt bubble.”

Arguing that one crime justifies another is not leadership and is not a solution to our problems.

http://libertycrier.com/government/elizabeth-warren-pushes-two-wrongs-make-a-right-college-loan-proposal-receives-250000-supporting-signatures/?utm_source=The+Liberty+Crier&utm_campaign=f681569 1d0-The_Liberty_Crier_Daily_News_5_14_2013&utm_medium= email&utm_term=0_600843dec4-f6815691d0-284711521



She says this like butter would melt in her lying mouth!!!!! Bailouts again!!!!! First the banks !!! Now Amazenly they want to bail out the colleges for bad loans!!! How does this make sense who does this help the students or the colleges???? Students get loans now, and most never pay them back or at a very slow rate but now it is on the student or parents. So now they want it make easier for them to get these college loans and if they don't pay back the loans, they will be paid off on our dime again. And guess what the cost of the college tuition will rise and rise and rise because the Schools will have a guaranteed payed back loan, all at the Taxpayers expense????? Is anybody awake yet??