Socialistic Big Government to kill privately subsidized student loans

This story is one of many ways to impliment government control over every aspect of our live.  this bill if pass would quash any private frim from granting student loans for schools other that Government

The House is poised to vote to push private lenders out of the federal college loan business and massively expand the government's own lending program.

Lawmakers debated a student aid bill Wednesday that has widespread support, including from the White House. The measure is expected to win passage Thursday and go next to the Senate

This Bill is nothing but another Government takeover.  the private loan sector is said to employ over 30,000 workers.  the private sector made $56,000 last year on loans while the Government only made $14,000.  By eliminating  the private sector the Government hopes to make more money through this loan system.  but it is the Taxpayer that will pay for the losses of unpaid loans.

This bill is as important to squash as anyother bill the Obama Adiminstration wants to pass in order to establish Governmental control over evey avenue of Joe Publics life.  Write your congressmen, Senators and Representivies Now todayto stop this billfrom passing on thursday.

Are we to late in stopping this socialistic machine?

click here to read full story http://townhall.com/news/politics-elections/2009/09/17/house_bill_would_...