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February 29, 2008 at 12:47 PM #163027February 29, 2008 at 1:05 PM #163032RaybyrnesParticipant
Politics are pretty funny when you compare results fs promises.
Let’s take good old Mr, Kennedy. He promised to help students by providing grant money that would be obtained by cutting subsidies to Federal Studnet loan Providers. This program was suppose to be great becaeu it wouldn’t cost taxpayers a dime.
Let see the reality. Not only have lenders closed their doors and decreased teh amoutn of competition they have also eliminated many borrwer beenfits that went back to reducing the costs for those who borrower.
Now lets’s see how the governemtn has to then react
T
he chairmen offer Secretary Spellings suggestions on how to prepare for a worst-case scenario. If markets do not improve in the coming weeks, most lenders will find it difficult to raise enough capital to meet peak demand next fall. That scenario seems unlikely given the soundness of federal student loan securitization and bond deals that are generally viewed as some of the safest investments around, according to Federal Reserve Chairman Ben Bernanke. But should the markets – and lenders’ situation – worsen, the chairmen suggest the Secretary be prepared to use lender of last resort provisions, including ADVANCING CASH to guaranty agencies to allow them to make loans directly to students.WOW sort of seems like a cost to me. Politicians are such idiots. So easy to see this was going to be a result of their magical promises.
February 29, 2008 at 1:05 PM #163018RaybyrnesParticipantPolitics are pretty funny when you compare results fs promises.
Let’s take good old Mr, Kennedy. He promised to help students by providing grant money that would be obtained by cutting subsidies to Federal Studnet loan Providers. This program was suppose to be great becaeu it wouldn’t cost taxpayers a dime.
Let see the reality. Not only have lenders closed their doors and decreased teh amoutn of competition they have also eliminated many borrwer beenfits that went back to reducing the costs for those who borrower.
Now lets’s see how the governemtn has to then react
T
he chairmen offer Secretary Spellings suggestions on how to prepare for a worst-case scenario. If markets do not improve in the coming weeks, most lenders will find it difficult to raise enough capital to meet peak demand next fall. That scenario seems unlikely given the soundness of federal student loan securitization and bond deals that are generally viewed as some of the safest investments around, according to Federal Reserve Chairman Ben Bernanke. But should the markets – and lenders’ situation – worsen, the chairmen suggest the Secretary be prepared to use lender of last resort provisions, including ADVANCING CASH to guaranty agencies to allow them to make loans directly to students.WOW sort of seems like a cost to me. Politicians are such idiots. So easy to see this was going to be a result of their magical promises.
February 29, 2008 at 1:05 PM #163047RaybyrnesParticipantPolitics are pretty funny when you compare results fs promises.
Let’s take good old Mr, Kennedy. He promised to help students by providing grant money that would be obtained by cutting subsidies to Federal Studnet loan Providers. This program was suppose to be great becaeu it wouldn’t cost taxpayers a dime.
Let see the reality. Not only have lenders closed their doors and decreased teh amoutn of competition they have also eliminated many borrwer beenfits that went back to reducing the costs for those who borrower.
Now lets’s see how the governemtn has to then react
T
he chairmen offer Secretary Spellings suggestions on how to prepare for a worst-case scenario. If markets do not improve in the coming weeks, most lenders will find it difficult to raise enough capital to meet peak demand next fall. That scenario seems unlikely given the soundness of federal student loan securitization and bond deals that are generally viewed as some of the safest investments around, according to Federal Reserve Chairman Ben Bernanke. But should the markets – and lenders’ situation – worsen, the chairmen suggest the Secretary be prepared to use lender of last resort provisions, including ADVANCING CASH to guaranty agencies to allow them to make loans directly to students.WOW sort of seems like a cost to me. Politicians are such idiots. So easy to see this was going to be a result of their magical promises.
February 29, 2008 at 1:05 PM #163122RaybyrnesParticipantPolitics are pretty funny when you compare results fs promises.
Let’s take good old Mr, Kennedy. He promised to help students by providing grant money that would be obtained by cutting subsidies to Federal Studnet loan Providers. This program was suppose to be great becaeu it wouldn’t cost taxpayers a dime.
Let see the reality. Not only have lenders closed their doors and decreased teh amoutn of competition they have also eliminated many borrwer beenfits that went back to reducing the costs for those who borrower.
Now lets’s see how the governemtn has to then react
T
he chairmen offer Secretary Spellings suggestions on how to prepare for a worst-case scenario. If markets do not improve in the coming weeks, most lenders will find it difficult to raise enough capital to meet peak demand next fall. That scenario seems unlikely given the soundness of federal student loan securitization and bond deals that are generally viewed as some of the safest investments around, according to Federal Reserve Chairman Ben Bernanke. But should the markets – and lenders’ situation – worsen, the chairmen suggest the Secretary be prepared to use lender of last resort provisions, including ADVANCING CASH to guaranty agencies to allow them to make loans directly to students.WOW sort of seems like a cost to me. Politicians are such idiots. So easy to see this was going to be a result of their magical promises.
February 29, 2008 at 1:05 PM #162717RaybyrnesParticipantPolitics are pretty funny when you compare results fs promises.
Let’s take good old Mr, Kennedy. He promised to help students by providing grant money that would be obtained by cutting subsidies to Federal Studnet loan Providers. This program was suppose to be great becaeu it wouldn’t cost taxpayers a dime.
Let see the reality. Not only have lenders closed their doors and decreased teh amoutn of competition they have also eliminated many borrwer beenfits that went back to reducing the costs for those who borrower.
Now lets’s see how the governemtn has to then react
T
he chairmen offer Secretary Spellings suggestions on how to prepare for a worst-case scenario. If markets do not improve in the coming weeks, most lenders will find it difficult to raise enough capital to meet peak demand next fall. That scenario seems unlikely given the soundness of federal student loan securitization and bond deals that are generally viewed as some of the safest investments around, according to Federal Reserve Chairman Ben Bernanke. But should the markets – and lenders’ situation – worsen, the chairmen suggest the Secretary be prepared to use lender of last resort provisions, including ADVANCING CASH to guaranty agencies to allow them to make loans directly to students.WOW sort of seems like a cost to me. Politicians are such idiots. So easy to see this was going to be a result of their magical promises.
February 29, 2008 at 1:11 PM #163043svelteParticipantI just want people who know how to balance a budget to run the country. No matter what their political stripe. I hate the thought of paying for today’s party tomorrow.
February 29, 2008 at 1:11 PM #163057svelteParticipantI just want people who know how to balance a budget to run the country. No matter what their political stripe. I hate the thought of paying for today’s party tomorrow.
February 29, 2008 at 1:11 PM #163132svelteParticipantI just want people who know how to balance a budget to run the country. No matter what their political stripe. I hate the thought of paying for today’s party tomorrow.
February 29, 2008 at 1:11 PM #162727svelteParticipantI just want people who know how to balance a budget to run the country. No matter what their political stripe. I hate the thought of paying for today’s party tomorrow.
February 29, 2008 at 1:11 PM #163029svelteParticipantI just want people who know how to balance a budget to run the country. No matter what their political stripe. I hate the thought of paying for today’s party tomorrow.
February 29, 2008 at 1:18 PM #163034RaybyrnesParticipantsvelte
Any info that might go along witt the chart to see who held the house or senate at the time.
Addiionally does anyone have any research that could present solid analytical data as to the lag time for presidential policy showing up in the statistical date. I have hear it is 7 years but no eveidence behind that.
February 29, 2008 at 1:18 PM #162732RaybyrnesParticipantsvelte
Any info that might go along witt the chart to see who held the house or senate at the time.
Addiionally does anyone have any research that could present solid analytical data as to the lag time for presidential policy showing up in the statistical date. I have hear it is 7 years but no eveidence behind that.
February 29, 2008 at 1:18 PM #163138RaybyrnesParticipantsvelte
Any info that might go along witt the chart to see who held the house or senate at the time.
Addiionally does anyone have any research that could present solid analytical data as to the lag time for presidential policy showing up in the statistical date. I have hear it is 7 years but no eveidence behind that.
February 29, 2008 at 1:18 PM #163062RaybyrnesParticipantsvelte
Any info that might go along witt the chart to see who held the house or senate at the time.
Addiionally does anyone have any research that could present solid analytical data as to the lag time for presidential policy showing up in the statistical date. I have hear it is 7 years but no eveidence behind that.
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