This has been an interesting week full to the brim with leftist/Democratic stupidity. Of course, the MSM hasn’t noticed because. . . well, they refuse to notice. Plus, they found something else to entertain themselves, lynching Herman Cain. Let’s discuss!● Item One: Cain Non-Fallout. Despite the MSM’s best efforts, this whole Cain scandal doesn’t appear to be hurting him. To the contrary, it seems to be making his support more entrenched and it brought out the support of people like Ann Coulter and Rush. Also, the day after the scandal, Cain had his biggest fundraising day ever online. That means average people are voting with their dollars and they want to show their support. That’s what happens when you slander someone. . . you make them more popular.
● Item Two: StupidStudent Loans. Obama suddenly wants to rescue college kids. Now let me say up front, there is a huge problem in this country with the cost of education. It is ridiculous what college students are being charged and it is hurting our economy by making people less mobile. Something needs to be done.
What I am not in favor of doing, however, is increasing the amount of student loan money available. That is exactly the wrong thing to do. Colleges have been able to jack up their costs precisely because Uncle Sam handed out student loans to cover the costs. That was a subsidy to fat, rich schools paid on the backs of young professionals.
So what does Obama want to do to fix this problem? Increase the availability of student loans. Jerk.
To trick students into thinking they aren’t getting the shaft, Obama is promising to reduce the minimum monthly payment from 15% to 10%. . . so you pay longer. He also promises to let you consolidate your loans. . . so you pay longer. And as anyone who has ever taken out a loan knows, this will dramatically increase the amount the students repay. I guess being a community organizer didn’t include lessons on credit management.
But never fear, Obama wants to reduce the time before loan forgiveness kicks in from 25 years to 20. So if you graduate from college at the age of 25, your college loan slavery will now end at 45 instead of 50, and you can then start saving for your retirement. . . 20 years behind the curve. Bravo President AAAhole, bravo.
● Item Three: Where’s Waldo’s Money. With Solyndra waiting in the wings, a new scandal has emerged. This time the company is called MF Global. MF Global is a commodities trading company that just went belly up. The man who ran MF Global is none other than Jon Corzine, former New Jersey Senator/Governor (lost to Christie), former chief of Goldman Sachs and MAJOR Barack Obama fundraiser. Since April 2011, for example, Corzine has raised more than $500,000 for Obama’s re-election.
But it’s not the fact the company went bankrupt that is the problem. What’s interesting is that $700 million of client money is “missing.” Right now, it’s believe that as the firm began suffering losses, it used its customers’ money to cover its own trades, which of course violates trading regulations which require brokers to keep their own funds separate from their customers’ funds. If any of this proves true, look for jail time to come out of this one. I wonder how much of the $500,000 Corzine raised for Obama came from MF Global customers?
● Item: Celebrity Weirdoes. Hollywood is stumbling back into Obama’s arms as we knew they would. Scarlett Johansson, who is famous primarily for keeping naked pictures of herself on her cell phone, plans to support Obama: “My heart belongs to Barack.” Yeah, and your brain belongs to Low-Grade Brain Rental. Others are lining up as well to offer their best Lewinskies.
Meanwhile, unfunny adult-bed-wetter (yes, that’s true) Sarah Silverman is attacking Rick Perry. She’s upset the “N*ggerhead Scandal” had no effect, so she’s determined to try to keep it alive until someone cares. Personally, I think like many liberals she just likes using the N-word while pretending she’s actually outraged. . . ditto with her prior use of “chink.”
And from the land of the absurd, Michael Moore is trying to fit in with the OWS Movement. Sadly for Michael, who has net worth of $50 million (but value of only $1.25), he’s more of a 0.99%er than a 99%er. On the plus side, he’s got the right level of stupid and hypocrite to fit right in!
● Item: OWS Irony of the Week. Finally, there is a rumor making the rounds that OWS is now trying to copyright their name. Capitalist pigs.
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