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March 29, 2010
But for most of the day, we could move the reforms of higher education forward. civil listening starting with respect. in terms of this bill, we cut out the middleman. thats what we did. we cut out the middleman, called the banks where they were given lavish subsidies to process student loans. so what we democrats wanted to do is expand the opportunity, raise the pell grants, more loans available at more reasonable costs, and without increasing the federal deficit. so we cut out the middleman ca...
March 27, 2010
Paying to stay in your home. the white house also rolling out new financial incentives for banks to reduce mortgage payments for homeowners who are under water, who owe more on their loans than their home is worth. democrats also just voted to take commercial banks out of the student loan market. now, sounds like sort of a finky regulatory change of some sort, its actually simple. for years government gave commercial banks like sallie mae, for example, guaranteed federal subsidies to make loans ...
March 24, 2010
Aig, general motors, chrysler, gmac and chrysler financial. meanwhile banks and other private lenders are about to lose their $70 billion a year student loans businesses. thats because buried inside health care reform law is a massive overhaul of assistance programs. under the measure banks will no longer get fees from the government acting as a middleman for low income students. they will increase pell grants to students in need and make it easier for graduates to pay back their student loans...
March 22, 2010
Texas says hes the one who shouted "baby killer" during the floor debate yesterday. randy neugebauer says he cried "its a baby killer." four more people have been arrested in the january massacre of 15 people at a house party in juarez. the case sparked outrage, because most of the victims were students with no ties to drug gangs. cutting out the middleman in the student loan system, thats happened last night. federally backed student loans would come straight from the government, saving an ...
March 16, 2010
Government can run the program better when it has been in the private sector for decades, and what is their argument, why do they want to take this on. >> democrats say it is a cost-cutting measure, that it is more efficient, and they say it will save the government $67 billion over ten years. the savings, they say, would go in part at least to pay for pel grants, to help low income students be able to afford a college education and the democrats arguing that they are eliminating a middleman in ...
March 13, 2010
Deal. the attorney general of illinois lisa mad -- madigan her father was blocking expanding health care and pushing a tax increase. i wanted rahm and sought rahm out to be the middleman to make the deal happen. i would appoint her senator in exchange for the jobs bill, health care expansion and written promise not to raise taxes on people. rahm was prepared to do it, then everything changed when i was arrested 6:00 in the morning. the day before my arrest i directed my chief of staff to work ou...
March 13, 2010
Deal. the attorney general of illinois lisa mad -- madigan her father was blocking expanding health care and pushing a tax increase. i wanted rahm and sought rahm out to be the middleman to make the deal happen. i would appoint her senator in exchange for the jobs bill, health care expansion and written promise not to raise taxes on people. rahm was prepared to do it, then everything changed when i was arrested 6:00 in the morning. the day before my arrest i directed my chief of staff to work ou...
March 9, 2010
Helping the republicans take down president obamas presidency. but at some point we have to make a real decision whether we believe in this or not, is this change, is it enough. not every progressive is on-board with this. joining me now, congressman dennis kucinich who voted against the bill in november. congressman, good to have you with us tonight. >> and it is good to be with you, ed. i just want to say that the characterization that i dont care is not correct. i do care. i care that this bi...
February 17, 2010
Blocked this and dont want this to go through, because the main problem with health care is insurance companies, this giant cash-sucking middleman that we dont need in the middle of it. but of course i also blame the democrats for not being able to sell this. theres an awful lot of good things in this senate bill thats already been passed. it covers 30 million more people. medicare, until 2026. you cant throw somebody off because of pre-existing conditions. you know, its not that theres not stuf...
Unknown Date
Laws seem to be. basically butting up against each other it would be difficult to comply with both sides it is certainly mission impossible no what other measures do you think could be introduced to protect the companies of that legislation or support is not really effective. there is in fact a new attempt being made by the european union with what its calling a special purpose vehicle theyre trying to set up a financial company that would be sort of the middleman so that the e.u. could companie...