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03-25-2010

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Student "Loans
Subject: This Is How We Get Things Done—Chicago Style.

In what seems like a lifetime ago, back in September 2009 (see here), I was talking about the Obama administration's plans to nationalize the entire student loan industry, with the intent of then being able to tie the government's single source of educational loans to a requirement for mandatory national or "community" service.

Well folks, you are not going to see that legislation be debated in in the chambers of Congress, nor will you see it come up for a vote by your elected representatives. This isn't going to happen because this heavily contested piece of legislation known as the Student Aid and Fiscal Responsibility Act, is, as reported in Newsweek and by The Hill, simply going to be attached to the health care modification package being considered by the Senate, and enacted by a simple majority of senators using the budget reconciliation process.

And that's how we do it in Washington D.C. these days. If you can't get you legislation passed through normal constitutional channels, there is always a procedural trick or a bribe or a threat that can be used in its place.

I guess I'm still dumbstruck from the realization that our culture has sunk to such a low, that it is now possible for so many Americans to look at these underhanded politiebureau tactics and simply sit back and smile at the results.

"The State is that great fiction by which everyone tries to live at the expense of everyone else."
-- Frederic Bastiat

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