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    Bachmann: Obama college loan move abused power

    ST. PAUL, Minn. (AP) — Republican presidential candidate Michele Bachmann is ripping a move by President Barack Obama to ease student loan debt as an "abuse of power" that will give people incentive to dodge debt.

    Bachmann reacted Thursday to a decision Obama announced a day earlier to cap payments for some college loan borrowers and forgive payments for others after 20 years. He used executive authority to accelerate a law that wasn't supposed to go into effect until 2014.

    The Minnesota congresswoman made her remarks during an education forum put on by The College Board and News Corp.

    Appearing by satellite from Minneapolis, Bachmann told the gathering that the loan breaks could push costs onto other taxpayers.

    She called it a "moral hazard" because it relieves people of responsibility for debt they've accumulated.

     
    • AMP  •  Orlando, United States  •  6 mths ago
      Have you noticed the republican party attracts the dumbest of women out there....First it was Palin, then Christine O'Donnell. Now it's Bachmann. What is wrong with PARTY!!
      • Don M 6 mths ago
        they're dumb. not really much else to say. they are the most uneducated and poorest part of the country.
      • 11 Bravo 6 mths ago
        THEY think that Americans are gullible and ignorant,and will vote for a Brainless Bimbo just because she looks good in a skirt. - BUT America is NOT stupid - VOTE! VOTE! VOTE!
    • Commander Comrad  •  King of Prussia, United States  •  6 mths ago
      GOP idiots, this is great for college students during this recession! Who the hell is she fighting for? The banks f&^%$ the banks they got us into this mess
      • 11 Bravo 6 mths ago
        Right On! Comrad - They will ALWAYS say NO! NO! NO! to (education)students etc.- they have to make sure that all breaks and money go to bank CEOs and Greedy rich that got us in this mess. They want to DUMB DOWN America ,so we will believe their LIES.
    • FedUp  •  7 mths ago
      Michelle Bachmann's $200,000 in farm subsidies could pay for the tuition of 3 to 4 students depending on the college they attend. She gets $175,000 in salary as a member of congress. And her clinic gets $30,000 from the government. She's abusing the tax code.
      • Stella 7 mths ago
        She dont need government money, she got money why isn't nobody looking into this and bring charges against her. No ordinary citizens can do that. If the ordinary citizens did that they willl be charge with fraud, if they get it but normally they will be turn down because of their income. so what make her eligible for government money?
      • Mr 6 mths ago
        well said and true
      • Lois 6 mths ago
        and she sure hasn't been earning her money as a congress woman hell she's been on the road for months now taking contributions from the teabaggers so why don't we just give her a warm glass of shut the hell up.
    • Ray  •  Omaha, United States  •  6 mths ago
      So this law has been around for awhile and wasn't supposed to take effect until 2014 and NOW she speaks up? Anything to bash a president...she should have spoken up before instead of looking for publicity.
      • night 6 mths ago
        That is a good point. I have read that she hasn't voted on anything since August, so I don't think she should be criticizing how anyone else does their job. It would be difficult to criticize her nonexistent record in congress. I guess she thinks a president shouldn't take any action.
    • Hiya65  •  New Orleans, United States  •  7 mths ago
      It's not an abuse of power. It's what you get when you have a lunatic Congress that isn't working for average citizens.
    • blah  •  7 mths ago
      I don't really agree with most of obama's policies, or really any particular party for that matter, but this loan move isn't all that bad. Yes, it doesn't do enough, but it isn't a bad thing either. I wonder if bachmann could ever admit to 1 good thing Obama has ever done. If you can't do that about any person or party you disagree with then you know you've been brainwashed because no one and no party is ever going to be infallible and make the right call 100% of the time.
    • Kramer  •  6 mths ago
      BachMann is such a Clown!! Fake Nails, Fake Lashes, Hair Buns, Extensions, Colored Contacts
      - BachMann and Paylin are only qualified for "Mrs Honey Buns" Contests and have ZERO skills to be President of America!
    • DavidA  •  Boston, United States  •  6 mths ago
      She called it a "moral hazard" because it relieves people of responsibility for debt they've accumulated. Perhaps they should apply for one of those government subsidies like she did.
    • Paula  •  6 mths ago
      Congress( ie idiot cons ) WONT DO ANYTHING....so Obama is using executive power to get something done....NOT ONE of these idiot baggers talked about BUsh using HIS powers....more hypocrisy
    • ZG  •  7 mths ago
      Wow, how mean spirited! The basic qualification for a decent job these days is a college degree. College tuition is at an all time high. What's the student to do? If the government helps out 'too big to fail' banks with trillions of dollars it is capitalism. If they reduce interest rate on student loans by 0.5% and loan forgiveness after 20 years of being current on payments it is socialism. Who is going to train the highly skilled workforce that America needs?
    • Gamechanger  •  Beaverton, United States  •  6 mths ago
      Yeah, doesn't Obama realize Presidential power is only to be used to shower the top 1% with more money and write tax-payer funded checks to big oil companies? Anyone here want to make a wager that Bachman eats a bug at the next debate? That woman is bat#$%$ crazy!
    • MiddlePolitix  •  6 mths ago
      I always attempted to slightly defend her from people saying she's dumb. I can no longer do that (actually it's been some time since a realistically could). "Moral hazard" in the dictionary should have her picture next to it!
    • Independent Thinker  •  Selby, United States  •  6 mths ago
      Remember the rich like the Repub-ikks are the ones who got the country into this mess! It's people like her who were bailed out by the government. They hide their racism and elitist values from no one!
    • Bigg Cujo  •  Raleigh, United States  •  6 mths ago
      Ok but Bush sending thousands of soldiers to die for a lie going against congress to fatten the pockets of defense contract companies that they both sit on the boards of wasnt a abuse of power at all. but a action that will help probably millions of future and former students is a abuse of power and is wrong. Thats morally f__ked up
    • spike8008  •  6 mths ago
      More class warfare from the Republicans. Only poor kids need student loans, so we must be against them at all costs.
    • Munkee W  •  6 mths ago
      Typical Repugnican: Oh, it will help the poor and the working class? Then it's morally reprehensible. We simply can't allow any government action that will help the poor or working class. Sh1tbags like Bachman are at least stupid enough to show their true selves to the public.
    • Lois  •  6 mths ago
      Hey Michell I hear that the teabaggers want you to drop out of the race, LOL get a clue and listen to them.
    • VIPER  •  6 mths ago
      How can she toute herself as a American when she clearly hates all Americans
    • aux  •  6 mths ago
      Michele "batsh/t crazy dingbat" Bachmann: stick a fork in her, she is done!
    • john  •  6 mths ago
      Education should be free for everyone the better the masses are educated the less they can be cheated by the plutocracy ruling America.
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