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December 2, 2014

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Oct 28, 2011 / 30 Tishrei, 5772

Obama games on student loans

By Jay Ambrose




http://www.JewishWorldReview.com | The federal student loan program has been a whammy, the academic version of selling people mortgages they can't afford, generating $1.1 trillion in debt while fueling tuition hikes. That's more money than Americans owe on credit cards, huge numbers are defaulting, and here comes President Barack Obama with a solution. Only it's not. It's a farce.

In full campaign mode while once more neglecting the duties of office, Obama showed up at a Denver high school to outline more of his executive orders that will do absolutely nothing for 29 million of the 36 million paying off these loans, and something on the order of a smidgen for most of the others.

One move affecting roughly 6 million of the debtors, for instance, is to allow consolidation of private and public loans so as to reduce interest payments by half a percentage point, or less than $10 a month, according to a calculation by Atlantic magazine. But hold the chuckles. There's more.

The president also intends to reduce the mandatory amount due on some loans in 2012 from 15 percent of income a year to 10 percent, while allowing full forgiveness after 20 years instead of 25. The thing is, this change was due to go into effect in 2014 anyway, no more than 1.6 million will be eligible for it, and many of those probably won't sign up because, when you deal with Uncle Sam, it's not red, white and blue you are dealing with. It is only red. Red tape.

"We can't wait for Congress," Obama said while in the swing state of Colorado that could be absolutely crucial in next year's presidential election. The question is how much longer we can wait for Obama to get serious about the economy (not to mention the Constitution he is ignoring). Here he is trying to replicate Harry Truman's unexpected victory in 1948 by running against a "do-nothing Congress" when he ought to be seeking common ground on measures he has been hiding from for three years now.

You remember, of course, how he backed a do-nothing stimulus bill that worsened a debt that absolutely has to be restructured for the economy to purr. His real attention most of his first year in office was to a health care measure that raises deficits, raises costs, denies liberties and fixes virtually nothing that could not have been more cheaply accomplished. Advocates trotted out horror stories that could be trotted out under any system as if the bill would cure them. A favorite was how so many of the elderly could not afford long-term care.

Of course, the section of a mostly unread, 2,000-page bill that dealt with that issue was flimflam, as even Obama finally recognized in announcing it would go poof. Not too long before that, however, he had figured out a way to make his "reform" more expensive by making sure even the rich he wants to tax more will soon have to make no insurance co-payments on birth control purchases. The worst of the act is that it adds more to the debt and is scaring businesses out of expansion because of the costs and complications for them.

Time and again, government does that kind of thing. As too many have failed to notice, Congress prompted the fiscal crisis by conniving with Fannie Mae and Wall Street on means of getting mortgage loans to the unqualified. Among those later lying bloody on the ground were those awarded the unaffordable mortgages. Preoccupied with his health measure, Obama had some weak-kneed ideas to help them and lately came up with more weak-kneed ideas to bring down interest rates for those struggling the least.

The student loan program has been more of the same. While tuition charges have gone up beyond the ability of many families to pay, the government has made it easier for them to find the money in the short run, meaning tuition charges go up even more. The politically advantageous move is to pretend the guaranteed loans are rescue instead of culprit, but culprit they are.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Comment by clicking here.

Jay Ambrose, formerly Washington director of editorial policy for Scripps Howard newspapers and the editor of dailies in El Paso, Texas, and Denver, is a columnist living in Colorado.


Previously:

10/26/11: Wit and quick moves v. humanity and thoroughgoing honesty? It's no contest —- or at least shouldn't be

10/07/11: Baptists, bootleggers and Wall Street protesters

10/05/11: Federal law will get you even if you watch out

09/28/11: Leftist bugbears on the march

09/23/11: Still hope for coal to help us

09/21/11: Obama's Madoff ploy

09/19/11: U.S. can't afford to wait until it happens

09/14/11: Defending -- and strengthening -- gung ho collectivism

09/12/11: A pipeline to better times

09/08/11: Obama just keeps destroying jobs

09/06/11: Ultra-feminists thwarting justice

08/31/11: Corporations are people? Yes, Count the ways

08/26/11: What an earthquake tells us about debt

08/25/11: The tyranny of scientific consensus

08/23/11: Fracking hardly a public health threat

08/17/11: Why Obamacare won't control births

08/15/11: Balanced budget amendment unbalanced idea

08/10/11: Kerry's war on citizen speech

08/05/11: Upside to the compromise leaving the door open for obnoxious maneuvers

08/03/11: The people who may save America

07/29/11: On making deals, Obama is no LBJ

07/27/11: The threat behind the debt

07/23/11: Mean opposition to means-testing

07/20/11: Leftist babble makes debt crisis even worse

07/18/11: Time to raise demagoguery ceiling

07/13/11: Obama treating treaties badly

07/08/11: Is decline of U.S. exaggerated?

07/05/11: Not math deficiency, but demagoguery



© 2011, SCRIPPS HOWARD NEWS SERVICE

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