Well I believe Obama did in fact nationalize both Sallie Mae private management company of student loans as well as Fannie Mae. As I recall Fannie Mae was in some trouble, probably as a result of the subpar home loans derivatives scandal. But there was no similar excuse to nationalize Sallie Mae. It was after Sallie Mae was more or less absorbed into the Dept. Of Education that its interest rates rose sky high.
Didn't Bush take over the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation and roll them into the Federal Housing Finance Agency?
Obama certainly shifted the government from guaranteeing low interest private education loans to the Department of Education making them directly, that is for sure.
Thank you for enlightening me in the Mortgage side. But I am remembering my dealings with Sallie Mae which were very accommodating and professional and with tolerable interest rates. One thing Bill Clinton did that I agreed with was making interest being repaid on student loans tax deductible just as mortgage loan interest was. But it seemed after Obama ended Sallie Mae what replaced was much more rigid and predatory. Which fits in with the rest of your arguments perfectly.
I often point out that President Trump's "34 felonies" are almost exactly the same thing that Hillary and the DNC were fined by the FEC for. They used "legal expenses" to hide their purchase of a fake dossier from a foreign actor. We don't know how many "felonies" were committed by its use, and the only real difference is their use of campaign money vs Trump's use of his own to "sway" the campaign.
She's a New Yorker. Where's her indictment and trial?
Don’t forget the DEMS infatuation with “Democracy”!
Failing of course, to recognize that’s just a fancy word for “mob rule”!
As long as the mob has reins and the Dems hold them.
Brilliant: “The left’s outrage over words is a distraction from their own inconsistencies.”
Well I believe Obama did in fact nationalize both Sallie Mae private management company of student loans as well as Fannie Mae. As I recall Fannie Mae was in some trouble, probably as a result of the subpar home loans derivatives scandal. But there was no similar excuse to nationalize Sallie Mae. It was after Sallie Mae was more or less absorbed into the Dept. Of Education that its interest rates rose sky high.
Didn't Bush take over the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation and roll them into the Federal Housing Finance Agency?
Obama certainly shifted the government from guaranteeing low interest private education loans to the Department of Education making them directly, that is for sure.
Thank you for enlightening me in the Mortgage side. But I am remembering my dealings with Sallie Mae which were very accommodating and professional and with tolerable interest rates. One thing Bill Clinton did that I agreed with was making interest being repaid on student loans tax deductible just as mortgage loan interest was. But it seemed after Obama ended Sallie Mae what replaced was much more rigid and predatory. Which fits in with the rest of your arguments perfectly.
Bravo. We will never see your opinion in the MSM. How unfortunate.
Yeah, but I wouldn't want to join a club that would let me in.
I often point out that President Trump's "34 felonies" are almost exactly the same thing that Hillary and the DNC were fined by the FEC for. They used "legal expenses" to hide their purchase of a fake dossier from a foreign actor. We don't know how many "felonies" were committed by its use, and the only real difference is their use of campaign money vs Trump's use of his own to "sway" the campaign.
She's a New Yorker. Where's her indictment and trial?