Scam is a very good word for it. ===== WSJ 12/27/2017 After nationalizing student lending, the Obama Administration sought to reduce the government’s $1.3 trillion loan portfolio by allowing disgruntled borrowers to discharge their debt. Last week Education Secretary Betsy DeVos ended this fraud against taxpayers. After driving Corinthian Colleges out of business in 2014, the Education Department implemented a haphazard process to forgive... Read more
Archive for the ‘US Debt’ Category
Henninger: Escape From Spending Hell
March 13 | Posted by mrossol | US DebtWell, have something to add? ========== So it looks like we’ve all been sentenced to spending at least two more years in budget hell with Barack Obama. Under the rules of budget hell set the past four years by the prince of Pennsylvania Avenue, you’re not allowed to do anything real about federal spending. You can only fight over federal spending. Forever. Paul... Read more
Unraveling Navys Decision on USS Truman
March 2 | Posted by mrossol | American Thought, US DebtHmmm. More political gamesmanship? ============ Little in the polarized debate over the spending cuts that took effect Friday has engendered the level of rancor as did the U.S. Navy’s decision to delay deploying an aircraft carrier to the Persian Gulf. Some Republicans questioned whether the Obama administration was playing politics with America’s national security. Others have asked if the Navy could have cut... Read more
Book Review: Coolidge
February 11 | Posted by mrossol | American Thought, US DebtGood article to help you brush up on your history… which I needed. ================ By ROBERT MERRY ‘Debt takes its Toll.’ Thus does Amity Shlaes begin her biography of Calvin Coolidge, the laconic, flinty-faced New Englander who became America’s 30th president upon the death of Warren Harding in 1923 and then captured the office in his own right in 1924. Ms. Shlaes, the... Read more
