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plooger's Journal
Posted by krkaufman in General Discussion (1/22-2007 thru 12/14/2010)
Thu Apr 01st 2010, 05:28 PM
One more from the irony file....

Regarding Pres. Obama's statement on signing the student loan reforms...

Remarks by the President and Dr. Jill Biden at Signing of Health Care and Education Reconciliation Act

"You see, for almost two decades, we’ve been trying to fix a sweetheart deal in federal law that essentially gave billions of dollars to banks to act as unnecessary middlemen in administering student loans. So those are billions of dollars that could have been spent helping more of our students attend and complete college; that could have been spent advancing the dreams of our children; that could have been spent easing the burden of tuition on middle-class families. Instead, that money was spent padding student lenders’ profits."


How is this statement not directly applicable to the health insurance side of the very legislation he was signing? Why did he then not just extend but EXPAND the role of unnecessary health insurance middlemen?

Here's hoping it's not "almost two decades" before we correct the mistake.
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