On the recordNovember 8, 2005
In the nanny state, the liberal Democrats envision that the United States has to have Big Government sitting by your cradle when you are born and taking you to your grave when you die 75 years later or whatever. In their nanny-state vision, they are convinced that we have to pay for every step of your progress along the way. One of the things they are screaming about now is nobody will be able to go to college because the Federal Government will not be able to step in and pay for your tuition. Well, the Federal Government does have assistance for people who deserve a college education and who have worked hard for it. But in the food chain, lenders make a minimum of 9.5 percent loaning you the money. Now, most people right now are not getting 9.5 percent on their investments. What we are saying is, we are going to cut out that minimum of 9.5 percent that the lenders are getting on college education loans. Yet, again, we hear from the other side that that is a cut. I have trouble following them. I like fiction, I like crazy movies of fantasy, but they go beyond the page of what is real.
Source
govinfo.gov




