{"id":15889,"date":"2012-04-24T17:56:03","date_gmt":"2012-04-24T17:56:03","guid":{"rendered":""},"modified":"2012-04-24T17:56:03","modified_gmt":"2012-04-24T17:56:03","slug":"obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/","title":{"rendered":"Obama Would Rather Forgive Student Loans Than Create Jobs for Graduates"},"content":{"rendered":"

RUSH: Here it is from the AP: “One in two new graduates are jobless or underemployed.” Young skulls full of mush devoid of job prospects. Maybe the best education they can get is that liberals lie. Liberals want people dependent. They want you in those nostalgic jobs because you\u2019re gonna end up depending on them for your pension<\/a>. You\u2019re gonna end up depending on them for your health care. That\u2019s what they want. They don\u2019t want you entrepreneurial. They don\u2019t want you creative. They don\u2019t want you taking care of yourself. They don\u2019t want you being self-reliant. There\u2019s no need for them if you pull that off. This is another teachable moment. In 2008, parents were told by their children why Barack Obama was the future. In 2008, children told their parents why Obama was the answer. <\/p>\n

In 2012, parents can tell their children, “Barack Obama has heaped so much debt on you and us, combined with your student loans, that the future is unraveling everything Obama did!” That\u2019s what must happen. Our future must be devoted to unraveling everything Obama has done in these three-and-a-half years. That\u2019s what your future is, graduates. That\u2019s what you need to learn. And guess who\u2019s in charge of the student loan program now? Obama himself! Nobody ever intended for college graduates to be $200,000 in debt coming out. Nobody ever intended that, but now it\u2019s happened — and guess who\u2019s not disappointed by it? The people that hold the loans (i.e., Obama).<\/line><\/p>\n

You\u2019re indebted to \u2019em. That\u2019s exactly what they want. It\u2019s a shame. <\/p>\n

Debt is not good. Public or private. <\/p>\n

And the only way out is to cut spending, like a lot of Republican governors are trying to do. Grow the private sector. That\u2019s the way out. “One in Two New Graduates are Jobless or Underemployed.” The only way that\u2019s gonna change is to get government out of the job market, pure and simple. In fact, it\u2019s funny. Most of the news today is on how Obama is once again running around promising to find ways to help college students pay their tuition loans. Is that what you want your life to be? Obama, he\u2019s got the answer for you to pay off your student loan. <\/p>\n

What a life goal: Pay off your student loan!<\/p>\n

He ought to be focused on the real problem: There aren\u2019t any jobs for college graduates, thanks largely to his policies. But in this story from the AP, “One in Two New Graduates are Jobless or Underemployed,” they have an analysis of government data shows that about 1.5 million or 53.6%, of bachelor\u2019s degree holders under the age of 25 last year were jobless or underemployed, the highest it\u2019s been in 11 years. This AP analysis found that “while there\u2019s strong demand in science, education, and health, arts and humanities are floundering.” Imagine that! The humanities and the arts are floundering (which is also no surprise), but what kind of courses does the left encourage? <\/line><\/p>\n

Arts and humanities and conflict resolution and political correctness and all that. In none of this story will you find any blame for the left or Obama or their policies. It\u2019s just the job market. You know why it\u2019s bad? The private sector sucks. That\u2019s what this story is all about. One in two new graduates are jobless or unemployed because the private sector sucks. Capitalism sucks. Let Obama take more control and we get better. That\u2019s the point. And then there\u2019s this from Mediaite: “Young voters trending more Republican, according to a new poll by the Public Religion Research Institute and the Georgetown University\u2019s Berkley Center for Religion, Peace and World Affairs.” <\/p>\n

Young voters trending more Republican.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Looky here! What a coincidence. Barack Obama just warned the students at the University of North Carolina that interest rates on federal student loans will double if Congress doesn\u2019t act by July 1st. They\u2019ll go from 3.4% to 6.8%. That\u2019s word-for-word what Sandra Fluke just tweeted herself, and of course she is represented by operatives inside the White House. So here\u2019s the guy in charge of student loans who… Let me just tell you something. Let\u2019s talk a little politics. I don\u2019t care what Congress does in July, I don\u2019t care. By October, Obama is gonna announce forgiving student loans or the interest. You watch. As a reelection ploy to get the youth vote, he\u2019ll do something to wipe out student loan debt, forgive it or whatever, saying, “It\u2019s unconscionable! It should never happen.”<\/p>\n

You wait. He\u2019s president. He can do that. That\u2019s one of the things we\u2019re up against. If he wants to forgive student loans, if he wants to forgive underwater mortgages, he can do that, too, folks. He can say he wants to, and then if the Republicans fight him on it, guess what? He\u2019s president. This is what we\u2019re up against. He can do this kind of stuff. Sandra Fluke just tweeted: “#DontDoubleMyRate. Many students will see the interest rate on Fed #StudentLoans increase if Congress doesn\u2019t act by 7\/1.” That\u2019s an exact tweet from Sandra Fluke. Obama just said the exact same thing word-for-word to the students at the University of North Carolina. Sandra Fluke is just a poor, isolated, alone little college student worried about her contraception at Georgetown. But now she\u2019s represented by the flacks in the White House — Hilary Rosen, Anita Dunn — and they\u2019re coordinating with Obama, scaring students about the interest rates on their student loans.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: David Plouffe is acting as president, Axelrod is the policy guy, and Obama is out raising the money. Obama is out playing golf. Obama is out flying around the country. Obama today campaigned at the University of North Carolina, where the crowd, we should point out (according to Jessica Yellin<\/a> at CNN), is 9,000. They\u2019re in an arena that holds 9,000 people. Four years ago they were in an arena that was full that held 22,000. So math would tell us that\u2019s less than half the crowd. That\u2019s less than half the number of people this year as opposed to four years ago, the yutes of America. Now, I want to read to you a tweet. (Have audio sound bite 41 standing by.) I want to read to you a tweet from Sandra Fluke. We all know who Sandra Fluke is. <\/line><\/p>\n

She\u2019s the young, 30-year-old Georgetown University student who is courageously and bravely fighting for contraception, at Georgetown and wherever else it can be provided, at no charge. Sandra Fluke today, mere moments ago, in fact (within the last 45 minutes), Sandra Fluke tweeted the following: “Many students will see the interest rate on Fed #StudentLoans increase if Congress doesn\u2019t act by 7\/1.” So contraception isn\u2019t enough. Some people want their education paid for by other people, too. Well, what a coincidence! Sandra Fluke tweets, “Many students will see the interest rate on Fed #StudentLoans increase if Congress doesn\u2019t act by 7\/1.” What a coincidence! Obama warned the students at UNC, within moments of her tweet, the following…<\/p>\n

OBAMA: On July 1st — that\u2019s a little over two months from now — that rate cut expires. And if Congress does nothing, the interest rates on those loans will double overnight. So I\u2019m assuming a lot of people here have federal student loans.<\/p>\n

STUDENTS: (smattering of applause)<\/p>\n

OBAMA: The interest rates will double unless Congress acts by July 1st.<\/p>\n

RUSH: There was a smattering of applause, but wasn\u2019t a lot. Well, I\u2019m the one that can\u2019t hear. Did it sound like there was a lot of applause there? Okay. Here\u2019s the thing. The reason there wasn\u2019t a lot of applause is because their parents are paying for it, they\u2019re not paying for it. But some of them are gonna have to pay for it, some of them are mounting up these student loans when they get out of school, they\u2019re insurmountable, be paying for it the rest of their lives. Obama runs student loan program. Laying this off on Congress? Obama took over the student loan program from private sector banks! You young people need to know this. Barack Obama and the federal government run the student loan program. <\/p>\n

And, by the way, what is it? Defaults on the student loans are at a rapid rate, but if you hang on long enough, isn\u2019t…? Oh, I forget this. After so many years, isn\u2019t the student loan just wiped off the books? I forget how many years it is. Don\u2019t quote me on that. I might have that wrong. What would college costs be — would it cost less — if illegal aliens had to pay out-of-state tuition rates? There are a lot of factors in why tuition goes up. You young people ever noticed that price of gas goes up a dime and everybody raises hell. The price of contraception goes up and everybody really raises hell. Price of milk goes up and mothers raise hell. The price of tuition goes up, and nobody raises hell, except the students. <\/p>\n

But government never gets on education for overcharging its customers. <\/p>\n

We never hear about Big Education being greedy. <\/p>\n

We never hear it.<\/p>\n

“Tuition goes up? Fine. Cool. That\u2019s where our buddies are. That\u2019s where our liberal professors are.”<\/p>\n

So tuition goes up, “Here\u2019s your student loan.” <\/p>\n

But I find it very coincidental that within 30 minutes of each other, Sandra Fluke — who, by the way, is being advised by Anita Dunn and Hilary Rosen. Anita Dunn and her PR firm and Hilary Rosen are advising Sandra Fluke ever since the contraception thing five weeks ago, or six now. So she has a tweet: “Many students will see the interest rate on Fed #StudentLoans increase if Congress doesn\u2019t act by 7\/1.” Within minutes Obama says the same thing. Student loans are forgiven after 25 years. That\u2019s what it is. And Obama wants to reduce it to 20. Student loans are forgiven after 25 years. Now, in his speech at the University of North Carolina Obama said that the increased interest rate would mean another thousand dollars in debt a year for those with student loans. <\/p>\n

Now, how come reducing that isn\u2019t seen as taking a thousand dollars from government? Any time taxes are lowered, that means that government\u2019s doing with less. We can\u2019t have that! But now Obama wants interest rates to the government — they run the student loan program — cut? He wants government to do without money? Folks, I\u2019m telling you, this is smoke and mirrors. You want to hear the rest of what he\u2019s talking about? I\u2019ll tell you. I made a joke. He\u2019s out there playing golf. He\u2019s going on Jimmy Fallon and all these other shows while Plouffe is the president and Axelrod\u2019s the policy guy. Here\u2019s Obama. He drug a band, the Dave Matthews Band with him. He had Dave Matthews… Get this. He had Dave Matthews, he had Jimmy Fallon, he had Stephen Colbert, he had a couple other guys, and he still couldn\u2019t draw half the crowd he had four years ago!<\/p>\n

With Dave Matthews, Jimmy Fallon, and Stephen Colbert, he still couldn\u2019t draw half the crowd that he did. <\/p>\n

We have sound bites from this. Here\u2019s the first…<\/p>\n

OBAMA: Later today I am getting together with Jimmy Fallon —<\/line><\/p>\n

STUDENTS: (cheers and applause)<\/p>\n

OBAMA: — and the Dave Matthews Band —<\/p>\n

STUDENTS: (cheers and applause)<\/p>\n

OBAMA: — right here on campus. We\u2019re gonna tape Jimmy\u2019s show for tonight. So I want everybody to tune in! —<\/p>\n

STUDENTS: (silence)<\/p>\n

OBAMA: Make sure it has high ratings.<\/p>\n

STUDENTS: (smattering of laughter)<\/p>\n

OBAMA: (nervous chuckling) That\u2019s a Dave Matthews fan right here!<\/p>\n

RUSH: The President of the United States trolling for ratings on the Jimmy Fallon show. (interruption) Well, Snerdley\u2019s asking, “How demeaning can…?” I don\u2019t know. Just the president of the United States is trolling for audience and begging people to watch him on the Jimmy Fallon show with the Dave Matthews Band. Now, I think this next bite is why the crowds are half the size. Listen to this.<\/p>\n

OBAMA: I don\u2019t want this to be a country where a shrinking number of Americans are doing really, really well but a growing number of them are just strugglin\u2019 to get by. That\u2019s not my idea of Amer\u2019ca. I don\u2019t want that future for you; I don\u2019t want that future for my daughters. I want this forever to be a country where everybody gets a fair shot and everybody\u2019s doing their fair share, and everybody\u2019s playin\u2019 by the same set of rules.<\/p>\n

RUSH: Then get out of the way, sir. <\/p>\n

You\u2019re the obstacle. Your policies are the obstacle. <\/p>\n

Get out of the way. <\/p>\n

Basically, you have Barack Obama running against all the traditions and institutions that have defined our greatness. Barack Obama is running against America here. He\u2019s running against… I don\u2019t even know how many of these kids are paying taxes? He\u2019s making a speech here to people that this doesn\u2019t even relate to yet. Here\u2019s the next bite that we have for you.<\/p>\n

OBAMA: Michelle and I, we\u2019ve been in your shoes. Like I said, we didn\u2019t come from wealthy families. So we… When we graduated from college and law school, we had a mountain of debt. When we married, we got poor together.<\/p>\n

STUDENTS: (laughter) <\/p>\n

OBAMA: We added up our assets, and there were no assets. And we added up our liabilities, and there were a lot of liabilities. Check this out, all right? I\u2019m the president of the United States. <\/p>\n

STUDENTS: (applause) <\/p>\n

OBAMA: We — we only finished paying off our student loans about eight years ago. That wasn\u2019t that long ago. And that wasn\u2019t easy. Especially because when we had Malia and Sasha, we\u2019re supposed to be saving up for their college educations, and we\u2019re still paying off our college educations.<\/p>\n

RUSH: There you go. There you go. Whine and moan about his student loans. Don\u2019t show any leadership. The woman who raised him was the vice president of a bank! Barack Obama went to private schools all of his life. The woman who raised him was the vice president of a bank. He got into Harvard; he got into Columbia. He\u2019s trying to poor-mouth it here. This is a man who\u2019s never had a nine-to-five job, by the way, folks. Anyway, he\u2019s losing the youth vote. We just had the story. The youth vote is abandoning Obama. “One in Two New Graduates are Jobless or Underemployed.” I\u2019m telling you, you\u2019ve gotta trust me. It is not cool inside the White House. It\u2019s not going at all the way they intended. <\/p>\n

The fundraising is raising a lot of money, but not nearly as much as everybody had thought. And this is actually kind of embarrassing and pathetic, to be trolling for audience for the Jimmy Fallon show. Have Jimmy Fallon and Steve Colbert. I think Colbert is there. I think I read that. Maybe not, but Dave Matthews is there and they\u2019re all attracting half the crowd that he did on his own four years ago. And now whining and moaning about his student loans. (interruption) I didn\u2019t hear the bigger-than-life reverb there, but it\u2019ll be back. It\u2019s back, the bigger than life, the God reverb, ah, it shows up now and then. You can guarantee it will happen at the Democrat convention.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Here it is from the AP: “One in two new graduates are jobless or underemployed.” Young skulls full of mush devoid of job prospects. Maybe the best education they can get is that liberals lie. Liberals want people dependent. They want you in those nostalgic jobs because you\u2019re gonna end up depending on them […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-15889","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nObama Would Rather Forgive Student Loans Than Create Jobs for Graduates - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Obama Would Rather Forgive Student Loans Than Create Jobs for Graduates - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Here it is from the AP: “One in two new graduates are jobless or underemployed.” Young skulls full of mush devoid of job prospects. 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Maybe the best education they can get is that liberals lie. Liberals want people dependent. They want you in those nostalgic jobs because you\u2019re gonna end up depending on them […]","twitter_image":"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ObamaVSAmerica.jpg","twitter_misc":{"Written by":"GeorgePrayias","Est. reading time":"13 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/#article","isPartOf":{"@id":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/"},"author":{"name":"GeorgePrayias","@id":"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4"},"headline":"Obama Would Rather Forgive Student Loans Than Create Jobs for Graduates","datePublished":"2012-04-24T17:56:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/"},"wordCount":2674,"commentCount":0,"image":{"@id":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/#primaryimage"},"thumbnailUrl":"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ObamaVSAmerica.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/","url":"https:\/\/www.rushlimbaugh.com\/daily\/2012\/04\/24\/obama_would_rather_forgive_student_loans_than_create_jobs_for_graduates\/","name":"Obama Would Rather Forgive Student Loans Than Create Jobs for Graduates - 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