Ever wonder how lobbyists and bribeable congressmen managed to screw over college kids in the name of higher profits for private student loan vendors? Of course you wondered. Something to chew over as you watch me on television.
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The Loan Racket
15 Apr 2007 06:21 am
Comments (8)
"So Mr Yglesias, this blogging business is still relatively new, how does it work for you?"
Nice work, MY. It's a challenge to face the random callers on Washington Journal. Sometimes informed but often scarily the opposite, guests have quite a challenge. Who the heck is Jim Geraghty? Never heard of him...
Talk about a dishonest prick. Geraghty had an obvious disliking of the facts.
Fred Thompson? Explain. Also give us your reasons for keeping mum on Turkish-Kurdish relations.
Great job Matt on C-span. I wish, however, that you had pointed out in regard to campaign finance reform that it is silly to think of our tax dolllars as "paying for" any one thing. Either it makes sense to think of our particular tax dollars as paying for a percentage of EVERYTHING that that the government spends, or for whatever it is that we want funded. Jim might not like publicly funded campaigns, but if Congress passed real reform and the president signed it, and the courts upheld it, then he would have to live with it in the same way as we all have to live with paying for a diaster in Iraq.
Please let us know with a front-page post when a video of the program (or better yet, the segment you were on alone) appears somewhere.
Seven-friggin-Thirty in the morning is way too early for me on Sunday.
In general --and without reference to anyone's particular performance -- I implore our good leftish pundits to get media training from a real pro. It is likely to help.
How did student loans become an expensive (for the student) scandal? That's easy to understand. We took a function that has been, can be, and should be a government function run with low overhead and concern for the borrower and turned it (with serious pressure from the GOP business machine) into a profit-making business for scoundrels - and then put the fox in charge of the henhouse within government itself through what can only be considered intentional neglect and desire to reward friends.
It is the GOP way. They know nothing different. If you can't kill a government program, make it wildly profitable for political contributors and supporters/friends, undermine it by making it a scandal, and then denounce it by saying it doesn't work.
Comments closed April 29, 2007.
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Heads in the Sand
One of the CSPAN callers on Yglesias:
"He seems like a nice guy. He doesn't seem to hate. You can see it in his eyes".
Posted by otto | April 15, 2007 8:26 AM