Liar-In-Chief Obama Demagogues Congress On Student Loans (Fact: House GOP PASSED Student Loan Interest Rate Fix OVER OBAMA’S VETO THREAT)

Meet Barack Obama, the liar in chief, from several days ago:

Obama to UNLV crowd: Student loan legislation a ‘no-brainer’
By Sun Staff (contact)
Published Thursday, June 7, 2012 | 12:15 p.m

President Barack Obama, welcomed to the stage at UNLV’s Cox Pavilion with chants of “four more years,” used his speech today in Las Vegas to push Congress to approve legislation to keep student loan interest rates at their current level and push colleges to keep tuition from rampantly increasing.

Everybody’s got to do their part, colleges, students… and Congress, the president said in his lunch-hour speech that ended about 1:20 p.m.

During the talk, he said Congress must act to keep student loan interest rates at their current level. To neglect to do so, he said, would cost the average student an extra $1,000 to attend college.

“This is a no-brainer,” Obama said, “so, I’m telling Congress, get this done.”

Apparently, it’s either not a “no-brainer” or Obama doesn’t have any brains.  Because what he’s claiming flies in the face of the facts.

When Obama demagogued student loan interest rates and claimed it was a “no-brainer” to fix the issue, he in fact was at that very moment BRAINLESSLY threatening to veto a Republican-passed bill that in fact fixed the student loan issue.

From over two full weeks ago:

GOP ignores veto threat, passes student loan bill
Published April 26, 2012

The GOP-led House passed a bill Friday to keep interest rates on millions of federal student loans from doubling this summer, ignoring a White House veto threat and setting up another likely election-year battle.

The House approved the bill by a 215-195 vote, also amid pressure from conservative groups that essentially said the government cannot afford the $5.9 billion cost right now.

President Obama also wants to keep down the interest rates, but the White House doesn’t agree with House Republicans’ plan to pay the costs, by cutting a preventive health fund created under the president’s health care overhaul law of 2010.

Democrats argued on the House floor the fund mostly benefits women. Republicans call it a loosely controlled slush fund.

Nobody wants to see student loans go up,” House Speaker John Boehner said before the vote. “Now were are going to fight over women’s health. Give me a break. This controversy was created by my colleagues across the aisle for political purposes.”

The White House called the proposed cuts politically motivated and not a serious response to the problems students face.

Despite the bill passing, it will likely go nowhere in the Democrat-controlled Senate. Democrats want to pay for the measure by boosting payroll taxes paid by high-earning owners of some private firms.

Both parties essentially support the basic plan — extending the 3.4 percent rate for one year on the undergraduate Stafford Direct Loans. The rate would revert back to 6.8 percent without intervention.

The GOP’s Student Interest Rate Reduction Act would, more specifically, take money from the health care law’s Prevention and Public Health Fund for prevention, wellness and public-health activities. It is administered by Secretary of Health and Human Services Kathleen Sebelius, who has full discretion on how to spend the money.

Sebelius testified Thursday on Capitol Hill that the GOP plan to strip the fund would “doom future generations to pay higher and higher health bills and get mediocre results.”

Republicans also have called on the president to reimburse taxpayers for this week’s college tour, where he touted his student loan plan.

Boehner said the president’s trip to three big universities in swing states were obvious campaign stops and that his efforts to make the loan rate a campaign issue is “pathetic.” He said it makes the most powerful office in the world look “smaller.”

“The emperor has no clothes,” Boehner, R-Ohio, said.

Republicans have also argued Obama’s economic policies have resulted in roughly 50 percent of recent college graduates in America either unemployed or underemployed — in part because the health care law is making it harder for small businesses to hire new workers.

Boehner’s suggestion that the president reimburse his travel expenses followed a similar letter Wednesday from the Republican National Committee to the Government Accountability Office.

“Throughout his administration, but particularly in recent weeks, President Obama has been passing off campaign travel as ‘official events,’ thereby allowing taxpayers, rather than his campaign, to pay for his reelection efforts,” committee Chairman Reince Priebus wrote.

The White House, though, described the trips as part of Obama’s “official responsibility” to hear from students and discuss how to stop interest rates from doubling in July.

The Associated Press contributed to this report.

Meet the Republican Party – the only people who have actually passed legislation to keep student loans at their present rate.  Democrats have done nothing but slander, lie and threaten to veto that Republican-passed legislation.

There’s only one man who will be completely responsible for the student loan interest rate hiking up: and Barack Hussein Obama is wearing that man’s underwear.  Barack Obama is lying.  As usual.

I hope you kids who voted for Obama can dig deep in your pockets to pay this huge interest rate your party and your messiah are going to force you to pay.  You rancid little punks deserve it.

Meanwhile, this weasel-in-chief who has now ATTENDED MORE FUNDRAISERS THAN THE LAST FIVE PRESIDENTS COMBINED is constantly campaigning at taxpayer expense.

Barack Obama is a liar, pure and simple.  If student loan interest rates go up, it will be because this lying turd demonized and demagogued and lied and slandered on this issue.

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