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baseballcrank's profile
Dan McLaughlin
Dan McLaughlin
Dan McLaughlin
Verified account
@baseballcrank

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Dan McLaughlinVerified account

@baseballcrank

Senior Writer @NRO. Reaganite, Catholic, Mets fan, ex-lawyer. Opinions 100% my own, but you can share them. Not the Cardinals broadcaster.

New York
nationalreview.com/author/dan-mcl…
Joined May 2009

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    1. Dan McLaughlin‏Verified account @baseballcrank 22 Apr 2019

      Interesting to watch Democrats' two-pronged assault on the current healthcare system (pervasively overhauled by Obama) and the current college lending system (taken over by the government under Obama):https://www.nytimes.com/2010/03/31/us/politics/31obama.html …

      10 replies 51 retweets 79 likes
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    2. Dan McLaughlin‏Verified account @baseballcrank 22 Apr 2019

      Obama's student loan repayment program ended up being twice as expensive as projectedhttps://money.cnn.com/2016/11/30/pf/college/obama-student-loan-cost/index.html …

      3 replies 25 retweets 31 likes
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      Dan McLaughlin‏Verified account @baseballcrank 22 Apr 2019

      If you think college lending is bad now, maybe it's time to consider that Obama nationalizing the college lending business a decade ago was not a great idea? http://content.time.com/time/politics/article/0,8599,1924128,00.html …https://www.sfgate.com/business/networth/article/Feds-take-over-student-loan-program-from-banks-3193888.php …

      12:17 PM - 22 Apr 2019
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      • Linda white John B. Buchanan Cornbred Barbara Matthews 🇺🇸 Natone Negative ctyankee71 Brian Durbin 🇺🇸 Sarah �🇺�🇨🇺Hippopotomonostrosesquippedaliophobicphile
      7 replies 28 retweets 61 likes
        1. Dan McLaughlin‏Verified account @baseballcrank 22 Apr 2019

          In 2010, Maxine Waters - who chairs the House Financial Services Committee - argued that we could save money by cutting banks out of student lending. This month, she dragged the bank CEOs to the Hill to ask why they're not making student loans anymore? https://dailycaller.com/2019/04/10/maxine-waters-pin-student-debt-banks-forgets-nationalized/ …

          3 replies 38 retweets 72 likes
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        2. 𝕛𝕚𝕞𝕞𝕪𝕠‏ @jimmyotx 22 Apr 2019
          Replying to @baseballcrank

          There is nothing stopping private lenders from lending to college students. It was already a federal program.

          1 reply 0 retweets 0 likes
        3. CatrionaMDW‏ @CatrionaMDW 22 Apr 2019
          Replying to @jimmyotx @baseballcrank

          Except the fact that the government will likely always undercut the private sector rate.

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. The Cocaína‏ @MrNukemCocaine 22 Apr 2019
          Replying to @baseballcrank

          Turns out the national gov is kind of predatory. 👀

          0 replies 0 retweets 0 likes
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        1. George Fallar‏ @gfallar 22 Apr 2019
          Replying to @baseballcrank

          Oh, please, let's look at the assault on loans from the current administration and the descent back into predatory practices and a complete lack of consumer protections, thankfully spanked by the courts to keep "for profit" DeVos and her partners at bay.

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        2. George Fallar‏ @gfallar 22 Apr 2019
          Replying to @baseballcrank

          "nationalizing" loans? Private lenders still have total access to market their student loans, the change was that the Feds wouldn't guarantee the loans. You have a problem with that? You want taxpayers to subsidize private lenders with guarantees? That's socialism.

          1 reply 0 retweets 0 likes
        3. CatrionaMDW‏ @CatrionaMDW 22 Apr 2019
          Replying to @gfallar @baseballcrank

          Since the federal government provides subsidized loans directly, it killed the market for unsubsidized loans from the private sector.

          1 reply 0 retweets 0 likes
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        1. George Fallar‏ @gfallar 22 Apr 2019
          Replying to @baseballcrank

          You should recall the reasoning behind the change was a result of banks backing away from student loans when the system was crashing in a credit crisis, some say of the banks own making. At that point the percentage of direct loans jumped significantly. As per Waters' questions.

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        1. majorajam‏ @majorajam 22 Apr 2019
          Replying to @baseballcrank

          pic.twitter.com/410BfSQzUe

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