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Permalink 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 |