“Obama On Nationalizing Industry: ‘Let’s Just Cut Out The Middlemen’”
Just to highlight my own Visigothery — I see things, you see, that just aren’t there, like for instance Obama’s inherent embrace of Marxism — here’s a reminder from the Tuesday debate of how the President very clearly does not stand for any of those things we fringe “purists” very unhelpfully accuse him of — and in our conspiratorial zeal, push away the very kinds of moderate and undecided voters who the Obama campaign stacked the debate audience with.
Also? Candy Crowley was just doing her job. So stop whining about media bias. Hobbits.
“We’ve expanded Pell Grants for millions of people, including millions of young women, all across the country. We did it by taking $60 billion that was going to banks and lenders as middlemen for the student loan program and we said, let’s just cut out the middleman. Let’s give the money directly to students. And as a consequence, we’ve seen millions of young people be able to afford college, and that’s going to make sure that young women are going to be able to compete in that marketplace.”
Of course, by cutting out banks and lenders, the administration’s takeover of the student industry “cut out” private sector businesses, employers, and a part of the free market economy.
Obama’s latest “middlemen” remarks mirror comments he made in the first debate when he gave an example of the type of thing “that requires some federal support”:
“When it comes to making college affordable, whether it’s two-year or four-year, one of the things that I did as president was we were sending $60 billion to banks and lenders as middlemen for the student loan program, even though the loans were guaranteed. So there was no risk for the banks or the lenders, but they were taking billions out of the system.
“And we said, “Why not cut out the middleman?” And as a consequence, what we’ve been able to do is to provide millions more students assistance, lower or keep low interest rates on student loans. And this is an example of where our priorities make a difference.”
So, “Why not cut out the middleman?”
Well, for one reason, because these so-called “middlemen” are employers, taxpayers, and private citizens who need to earn a living. And, for another, competition in a free market is actually a good thing.
And, of course, one has to wonder: who’ll be the next “middlemen” they’ll cut out?
Government takeover of industry, you say? Meh. Considered pruning of an often recalcitrant and unpredictable free market, is how we forward-looking thinkers prefer to think of iot. That’s not anti-capitalism. It’s just pro- centralized administrative planning — a top down approach that has never been properly tried elsewhere, but one that, in theory, will create an egalitarian Utopia.
By the way, that 15-member panel that will determine health care treatment based on a series of calculations and life-expectancy or age considerations built into Obamacare? That will cut out the middle man of having you and your doctor deciding on your course of treatment. Free will and choice can get messy and confusing. Best just to let the experts dispassionately and without bias determine what to do with your body.
So you see? Things are about to get a lot smoother under progressive governance. And fairer. And far less chaotic and messy.
In fact, come talk with us. We’ve some five year plans that’ll like, totally blow your minds!