*controversy

Videos are limited to being in a maximum of 7 channels - ignoring all requests by MrFisk.

Giant banks fund OBAMA more.

Why should the government have student loans in the first place?

If there were competition then there might be better savings.

But since this piece likes to cut out the middle man ( since government can do it better) then why stop at the banks. Why not let government take over every corporation / business. Then they would put a stop to greedy profits and those who pay no tax. Singe me up, I'm there baby.

Government run everything. Sounds great. Oh wait the USSR did that. How did that work out. Not to good. Ok then lets look at China, North Korea and Cuba They still got that total Government control thing going. They have a real utopia going on in those places.


I can't wait for USA to be under total government control. OBAMA 2102 all the way baby. Democrats all the way. Teach those stupid selfish Republicans and Liberty loving Tea Party fools that a government provided meager subsistence is way better than self reliance. For the life of me I can"t understand why any Cuban would risk life and swim from Cuba to Florida.

@bobknight33

Is the slippery slope argument the best you've got? Do you not understand the value to the economy of an educated public?

Further: the debate here isn't about whether the government should give out or regulate student loans; it's only about what the interest rate should be. Nothing more. Do you think the interest rate should be higher for students? Would the economy be better off with more educated people with lower debt and more free cash, or would it be better off with the banks holding more money? This is the only question raised in this video.

The government should not be in the education and student loan process at all.
The rate should be at fair market value.
Government involvement has helped caused such high tuition costs.

Government involvement always lead to higher cost, no matter what.
Healthcare cost are going up because government got involved.





>> ^messenger:

@bobknight33
Is the slippery slope argument the best you've got? Do you not understand the value to the economy of an educated public?
Further: the debate here isn't about whether the government should give out or regulate student loans; it's only about what the interest rate should be. Nothing more. Do you think the interest rate should be higher for students? Would the economy be better off with more educated people with lower debt and more free cash, or would it be better off with the banks holding more money? This is the only question raised in this video.

Moving this video to messenger's personal queue. It failed to receive enough votes to get sifted up to the front page within 2 days.

Sweeping generalizations don't play any better than slippery slopes.

I'm sure someone has told you that government involvement always leads to higher costs, but it's simply not true. Maybe you're new to this argument, but there are tons of examples.

You didn't answer any of my questions. Most importantly, do you or do you not acknowledge the connection between a successful economy and education?

About GE specifically, they wouldn't exist as they do if it weren't for an educated populace from which to draw skills. Without university-educated engineers, chemists, managers, accountants, lawyers and so on they couldn't run the business they do. Where did all these educated people come from? Did GE pay for their education? Nope. The people themselves did. They make GE fantastically wealthy with their labour, and in return, they get crushing debt for years and years while GE reaps nothing but profits.

About sales taxes, I'm no expert, but I believe sales taxes are consumer taxes only, so GE doesn't have to pay them to suppliers, or they get credited back. I could be wrong.>> ^bobknight33:

The government should not be in the education and student loan process at all.
The rate should be at fair market value.
Government involvement has helped caused such high tuition costs.
Government involvement always lead to higher cost, no matter what.
Healthcare cost are going up because government got involved.