The corporate lobbyists continue to line up to obstruct President Obama's budget reforms. An excellent example is the proposed rollback of the privatization of the student loan industry, which has caused lots of consternation among... the private student loan industry (which, incidentally, got a bailout last year). They think direct government lending of student loans, which would save $94 billion dollars over a decade, would just be a terrible outcome for, well, them, and they're leading a fight based on, get this, the fact that Pell grants would be mandatory and not subject to the whims of appropriators. "Make grants for higher education more uncertain!" certainly sounds like the stuff of popular outcry.Oh, indeed.
Between this and my post below, a question is forming: why are regular ol' people stupid enough to fall for this Con "party of fiscal responsibility" bullshit when it's clear that all the Cons do is rob from the taxpayers to enrich their corporate buddies?