Tuesday, December 21, 2010

"Little-Noticed" My Arse

Scott Cohn at CNBC is, I suppose, trying to be a crack journalist and tell us something shocking that we didn't know, but he doesn't know what he is talking about. Mr. Cohn aims to stir up our interest and ire by revealing to us that a potentially misguided student loan reform provision went "little-noticed" into the healthcare monstrosity known as ObamaCare. The student loan reform is indeed misguided but it hardly slipped into the healthcare debacle unnoticed. It was, in fact, included in the healthcare bill as a matter of design by the Pelosicrat wing of the Democratic majority. This was their strategy. First, why risk trying to pass two bills when you can pass one, especially when both are takeover-type gambits designed to bring government into full control of a large section of the private economy? Second, the student loan bill was scored as a money-saver (which it won't be in time as the default rates soar as always happend when the government gets involved in leanding) so it could be lumped in and help ObamaCare game the CBO scoring process. So this is only a shock to people who weren't paying attention and/or faux neutral journalists who willfully suppressed the fraudulent legislative machinations that brought us ObamaCare.

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