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Thursday, April 01, 2010

Student Loans and Government Banking

Ok, the Dems may have taken a small step in the right direction with this. I trust Ellen Brown: "Student Loans: The Government Is Now Officially in the Banking Business" by Ellen Brown

But I still think Obama is showing us what we would have gotten under Gore or Kerry: Piecemeal incrementalism. And Obama's recent decision to drill offshore sounds like piecemeal decrementalism. In the face of crisis.

Maybe they're testing Brown's theories with the student loans before making the case to expand the concept. I just hope there's time.


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