Two noted shills for the banking industry - Republican Lamar Alexander and Rupert Murdoch's Wall Street Journal - just trotted out the "socialism" boogeyman, so here we go again. He ignores the fact that the President's proposal reduces the maximum amount for repayment from 15% to 10% of income. And his outrage over 4% for the underprivileged doesn't extend to the billions skimmed by bankers without financial risk. |
Read the rest of the story HERE:
At www.ourfuture.org
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.