loans « Frugal Café Blog Zone

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More Debt & Fiscal Audacity: ObamaCare & Forgiving Student Tuition Loans (video)

| October 30, 2011

This is the time on the political calendar when the wooing of voters and the unsustainable freebies, the buying of votes, cranks up. So, right on cue, Pres. Obama is now considering the fiscally disastrous and ridiculous idea of forgiving student loans so as to win back the youth vote that has deserted him. Federal [...]

Unemployed? Too Bad, Pay Up: Pres. Obama Wants Debt Collectors to Call Americans’ Cell Phones to Pay Their Delinquent Student Loans, Other Debts Owed the Government

| October 4, 2011

  With record unemployment, a record number of businesses going bankrupt, a record number of American families on food stamps and losing their homes, a record number of jobs disappearing from the U.S. labor force, record numbers of young adults having to move back in with their parents, the worst economy we’ve seen since the [...]

Foreclosure Nightmare: Obama’s $75 Billion Homeowners Program Has Done “More Harm Than Good”

| January 4, 2010

In a free market society, government intervention usually hinders or makes a mess of economic recovery. I use the word “usually” to account for the maybe-perhaps, potentially existing one in a zillion times that it hasn’t royally screwed up the natural economic recovery process of balancing and taking care of itself, by itself. Pres. Obama’s [...]

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