Wednesday, May 30, 2012

ROMNEY THE LIAR BLAMES OBAMA FOR STUDENT DEBT PROBLEM THAT ROMNEY HELPED CAUSE

Willard, as we all know, has no shame, no moral center, no ethics, no common decency, and not one single shred of honesty. His latest lying attack on President Obama is that the student debt crisis is Obama's fault.(!!)  This is a particularly galling lie, and it is demolished here:

That takes a kind of chutzpah Romney rarely exhibits. He won’t stand up to birther bully Donald Trump or the misogynist Rush Limbaugh, but he apparently has the cojones to blame student debt on Obama. We’ll see how it goes. In fact, American student debt is a scandal in which state and national lawmakers in both parties share some blame. But by far the lion’s share of responsibility for the debacle belongs to Republicans. The roots of the crisis go back to California Gov. Ronald Reagan, who imposed the first “fees” on the formerly free University of California system in 1968, declaring “the state should not subsidize intellectual curiosity.” As president, Reagan helped nationalize that disdain for well-funded public higher education in the 1980s. 


But it took a long roster of Republican governors to turn the problem into a crisis, and Massachusetts Gov. Mitt Romney led the way a decade ago, dramatically slashing public higher-education funding and hiking fees during his one term. According to the Boston Globe, from 2003 to 2007, fees and tuition jumped 63 percent at Massachusetts’s once-stellar system of public higher education as Romney slashed state funding year after year, for a total of $140 million, or 14 percent, in four years. Not surprisingly, average student debt in Massachusetts jumped 25 percent while Romney was governor. Between 2001 and 2011, tuition and fees have more than doubled at the state’s community college, state university and UMass campuses, but the bulk of the added burden piled up under Romney. [Emphasis added]


Romney also wanted to spin off the flagship UMass-Amherst and privatize three other colleges, including the medical school, a harbinger of what he says he’ll do as president. That agenda failed in Massachusetts, but it would be a shame to give him a second chance as president.


Remember, when Romney blames Obama for something, Mitt Romney is usually one of the causes of the problem. Romney is INCAPABLE of telling the truth, and he is now TOTALLY OWNED by the right-wing billionaire fanatics who have pledged $1 BILLION in anti-Obama propaganda.  He is a danger to the Republic itself.


Oh, and on student loans, the only candidate trying to actually do something about the problem is the guy NOT named Romney. From the Communist Marxist Socialist Kenyan Muslim Hitler/Stalin loving Wall Street Journal, from late October 2011 :


The centerpiece of the plan Mr. Obama is expected to unveil here would allow the estimated 5.8 million people who hold both direct government student loans and government-backed private loans to consolidate their debts into one government loan.


The switch would help borrowers because the U.S. would essentially be refinancing the private loan at the lower government rate. Administration officials estimate borrowers would receive a reduction of up to 0.5% in their interest rate. 


The president is also expected to say the administration is moving up the start of a program approved by Congress that caps monthly student-loan payments for borrowers with low incomes, from 2014 to 2012.

That's what a problem-solver sounds like.


When Willard talks about this issue, that's what a liar and a fraud sounds like.

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