Tuesday, April 24, 2012


By Nicholas Contompasis

Today President Obama warned American college students and graduates with large loans owed to him that their loan interest rates would double next year. He was implying that if you voted for him this year, he could change that situation. Of course, you remember months after he took office he nationalized the student loan industry. In 2007 his Democrat controlled Congress caused that doubling of interest rates on student loans which Obama warned of today.
This doubling of interest rates on student loans is a contrived way of controlling our young America college students and graduates by forcing many of them to default on their loans leading to a massive outcry for help, similar to the mortgage crisis, which Obama may grant, but first you must vote for him now. 

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