Peter Schiff explains how the new college loan plan will back fire

Filed Under (Loans) by admin on 31-08-2010

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Peter breaks downbound the scheme vacuity of Obama’s newborn college teaching information passed in March of 2010. Once again the polity aid is worsened than the disease. Please donate to Peter’s senate crusade at www.Schiff4Senate.com

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Comments (14)

screw the senate…schiff for prez 2012

This is going to put more people into financial enslavement.

@thablackmarkit

Even the Federal Govt? That contradicts the 10th Amendment.
This must be challenged in the courts.

I love Peter. However there was a misspeak on his part when he said ‘..one in a million shot…’ ha ha..that would sorta hurt his campaign if he thought he didn’t have a real shot. That’s okay Peter. I’m still donating!

Peter, I am a huge supporter of yours but you need to look at the government loans again. They have limits on how much you can borrow. For instance, I can only borrow $1,500.

@thablackmarkit Monopolies are totally legal for the government unfortunately.

Isn’t taking over student loans a monopoly? Aren’t monopolies illegal ?

In the end, no one is spared.

Your being too kind, they arent socialists, theyre an oligarchy

@zuiprax yepp, not that there is much difference between them in the first place

wow, am I glad I’m studying math and physics, with computer science and nuclear engineering minors. Back in the Soviet Union, scientists enjoyed a much higher standard of living then did the average citizen. Although it looks like the system we’re heading for is going to put even the Soviet Union to shame

Peter Schiff for senate!

fascism in marxist clothing…

I see free college as the end game here too. Our public k-12 system is completely failing our students while our colleges make up for it. Before long, private schooling will be the only option if the Feds start controlling the colleges too.

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