Now that April Fool’s Day is almost over… Seriously. ObamaCare!?! Too bad it wasn’t just some cruel joke.
Just in time to snap you back to reality, take a look at this.
Powerhouse student loan provider Sallie Mae says layoffs are imminent as a result of President Obama’s new student loan overhaul.
“This legislation will force Sallie Mae to reduce our 8,600-person workforce by 2,500,” Conwey Casillas, Vice President of Sallie Mae Public Affairs, said in a statement to Fox News.
Twenty-nine percent of the people who work for Sallie Mae are going to lose their jobs just because of the student loan overhaul.
What? Oh, you didn’t know? In the reconciliation package for the health-care bill, which was sent to the President for his signature, was a complete overhaul of the student loan process in the United States.
In addition to being the nation’s leading banker, insurance agent, mortgage company, and wall street investment firm, the United States government will now be the sole provider of student loans.
You wanted change America. You definitely got change America.
In the old days, when you had a student loan, you just kept paying and paying until it’s paid off. My wife had just finished paying off a student loan before we got married, but she paid it off. Now, with Obama Savings & Loan, students who pay for 20 years will have the balance written off at that time, unless they work in public service or for a non-profit, then the cutoff is 10 years.
So who do you think is going to pay for all those balances that get “written off”? That’s right. John Q. Taxpayer. The same John Q. Taxpayer who is already paying for bankswho keep their doors open for you, Wall Street investment firms who keep trading your stocks for you, insurance companies who keep insuring you, and mortgage companies who make sure you stay in your house.
I don’t know where President Obama got the idea, but John Q. Taxpayer is not as rich as he thinks he is.
On a side note, did you return your Census form? If you didn’t you might get a visit from a real life human being going door to door to get that information from you. Or not.
April 1 was Census Day – a day marked by events to remind people to return their census questionnaires. But some Census workers were abruptly dismissed from their part-time jobs on Census Day with no explanation.
In Northern Virginia, hundreds of Census workers were told on Thursday to turn in all materials, including partially completed enumeration assignments, because the Group Quarters Enumeration project was being canceled.
So much for those “awesome” unemployment numbers, huh? Just remember. Be patient.
Facing a public still wary of his massive health care overhaul, President Barack Obama urged Americans not to judge the nearly $1 trillion legislation he signed into law last week until the reforms take hold.
Many of the “reforms” don’t take effect until 2014, which is the very reason we were RUSHING the legislation in the first place, right?