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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: Sdgla who wrote (15582)3/27/2010 6:00:01 PM
From: Alighieri  Read Replies (1) | Respond to of 42652
 
One of many Links :

You don't even read your own links. The govt subsidizes these loans through banks who administer them and then pocket a profit. The CBO estimated that the gvt would save billions yearly by cutting out the banks.

The idea to nationalize student lending was first put forth in President Obama’s fiscal-year 2010 budget and marketed as a way to save the government billions of dollars. According to a CBO estimate, the proposal would save the government $87 billion over 10 years.

The savings estimate results from the fact that the government believes it will collect more in interest payments from students than it would otherwise have to pay in fees to lenders.


My point is these types of failures are part of the free market and should be allowed to fail.

And if that ushered in a new protracted depression that'd be ok with you?

The current mess is a result of the government intervention in a free market.

In the sense that it allowed a permissive environment in which banks and lenders giddily lent money and failed to regulate wall street who turned the real estate market into a casino and then propagated the problem around the world. So if you mean that government intervention caused the problem through excessive controls the opposite is exactly true...now everyone, including republicans, recognize that more government regulation is necessary to keep this sort of collapse from occurring once more (google senator Corker (R-TN) and senator Shelby (R-AL) latest news on Dodd's commission on financial reform)

1. Sever the ties between employer and employee re insurance. Families and individuals negotiate on their own.

Wow...you do know that the most expensive insurance policies are the ones bought by individuals?

Al