Thomas Jefferson

"We must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy."--Thomas Jefferson

"America does not go abroad in search of monsters to destroy. She is the well-wisher to freedom and independence of all. She is the champion and vindicator only of her own. "
--John Quincy Adams
US diplomat & politician (1767 - 1848)

“Since the general civilization of mankind, I believe there are more instances of the abridgment of the freedom of the people by gradual and silent encroachments of those in power than by violent and sudden usurpation”
-James Madison at the Virginia Ratification Debates
"With respect to the words "general welfare," I have always regarded them as qualified by the detail of powers connected with them. To take them in a literal and unlimited sense would be a metamorphosis of the Constitution into a character which there is a host of proofs was not contemplated by its creators."

- James Madison's Letter to James Robertson, April 20, 1831

Wednesday, October 26, 2011

Big Brutha Barack To Indebt America Even More Through College Loan Payback Scheme

As if this Marxist President hasn't done enough to destroy our economy and nationalize industries, he now seems poised to buy off even more of the college vote by enacting new rules for college loan pay back.

Obama got legislation passed in 2009 that outlawed the private college loan business and handed over that unconstitutional authority to the Feds, putting taxpayers on the hook to subsidize every little Johnny or Susie's college loan whether they want to or not.

Now with these new rules he will enact, the little slimes suckling off this program will now have to pay only paltry amounts after they graduate and after 20 years the remaining balance is forgiven!! Meaning YOU and I will pay for that unpaid portion!

Like health care, Big Brutha got this garbage passed by promising to lower costs and increase efficiency, but as we will definitely see in healthcare with the passage of Obamacare, what we will really get is a government takeover, soaring costs, higher taxes, and less choice and having the government dictate who gets what loan and under what conditions. (can you say "rationing" and "death panels"?). The evil of this dangerous man knows no bounds and soon we will see the collapse of our economic system under the weight of entitlement and crushing debt.