More evidence the Government is a lousy Business

Posted by $ blarman 8 years, 1 month ago to Business
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"Government IS the problem!"


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  • Posted by $ 8 years, 1 month ago in reply to this comment.
    For an awesome pseudo-documentary/mockumentary, see the movie depicting the development of the Bradley fighting vehicle "Pentagon Wars". True design by committee in action!
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  • Posted by Herb7734 8 years, 1 month ago
    It has been said that a camel is a horse put together by a committee. But, a horse put together by the government would be an armor plated Jeep with rocket launchers the entire thing being obsolete the moment it's produced. So, why should anyone expect that the collecting of defaulted student loans would run smoothly and efficiently.?

    Come to think of it, a camel is truly a beautiful thing. It is perfectly adapted to it's climate and its ability to survive under abominable conditions is unparalleled.
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  • Posted by preimert1 8 years, 1 month ago in reply to this comment.
    What! So you support Bernie Sanders on free college for all? It would be cheaper and put the
    collection leeches out of business, (This is a facetious comment)
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  • Posted by $ allosaur 8 years, 1 month ago
    http://www.usdebtclock.org/
    Twenty trillion here we come
    Big Brother's where it's comin' from
    Woo! Woo!
    We be a chuggin' down a broken track
    Clickity-clack! Clickity-clack!
    Once we crash there's no way back!
    Woo! Woo!
    Pour on the steam! Pour on the steam! Make choo-choo fly!
    Who will Big Brother be when he makes himself die?
    Woo! Wooooooooooo!
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  • Posted by NauticalSaunas 8 years, 1 month ago in reply to this comment.
    1 - Provide federal aid to university students, prompting universities to raise their tuition prices due to the artificial excess availability of funding.
    2 - Continue providing greater aid as universities continue to raise their prices, making university practically affordable, forcing man students into federal aid they would not have otherwise required
    3 - Enjoy the benefits of having a large population of young people indebted to you in sums they will not be able to pay off for years, if not decades.
    4 - ??????????
    5 - Profit.
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  • Posted by freedomforall 8 years, 1 month ago
    Not only that, but Obama and con-gress decided in 2009 that former students working in government or non-profit deserve better treatment than people who actually produce in the free market.
    See the Public Service Loan Forgiveness (PSLF) program:
    https://studentaid.ed.gov/sa/repay-lo...

    The "student loan" business looks more like a scam to enslave people, enrich lenders and the "higher education" industry, and empower government than a "public service." Reminds me of indentured servitude.
    There is not enough free market demand for college graduates to pay for their training and political indoctrination.
    Shut down the entire program. Let the weak players in the higher education industry collapse if the free market won't support it. Like banks, they are not too big to fail, nor is a college education in African American or Women's Studies a right guaranteed by law. Life will go on with small banks. Life will go on better if colleges have to respond to free market needs instead of wasting resources on socialist political propaganda.
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