Wednesday, May 08, 2013

If this chart was for the Oil Industry....

During the GWB administration there were constant accusations of special dealing, particularly with respect to the oil industry and Dick Cheney's old company Halliburton - you couldn't drive down the street without seeing yard sins saying 'no blood for oil' or some such.

So pray tell what should we make of the chart below?  Mr. Obama comes from the Higher Education industry.  And since his accession to the Federal Throne lending to college students - which is almost all Federal - has quadrupled.  And of course virtually every dollar of these loans was immediately passed to....the higher education industry.  With the liability being held by the rubes....I mean the students.

Hmm.  Tricky thing to explain, that.  Good thing the President has the press in his pocket.  Deep.

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