Welcome to “What’s Wrong With Washington!” I hope your weekend has gotten off to a great start. And hopefully we can make it even better with a good discussion this evening regarding major issues in our nation. Please do check out my website, Lance Pisowicz Online (www.wix.com/lancejp/online). Also become a subscriber of my Youtube Channel (www.youtube.com/user/lancejponline), like my Facebook (www.facebook.com/pages/Lance-Pisowicz/130049603677542), or follow me on Twitter (www.twitter.com/lancejponline). You can also subscribe to my blogs on blogger (www.wrongwithwashington.blogspot.com and www.lancesweeklywalk.blogspot.com). Due to popular demand, I’m going to take on three major topics, so forgive me if I don’t cover it as in depth as I would like to. Tonight our topic is warfare against the classes. This war encompasses the academic classes of American students and economic classes of the American people. So without further ado, let’s hop right into it!
We begin this evening with a look at last week’s voting poll. We have a very mixed result this week. 44% of you said that you wanted Affirmative Action to be abolished. 33% want to see it upheld, 13% want it reduced, and 9% are as to what should be done at this point. We had a total of 45 people vote in this poll, and I was very interested in the results. So, once again I thank you all for participating in this week’s poll. I think it adds another element of viewer/reader involvement in this presentation. I hope you will participate in our new poll which I will mention at the end of the show. Tonight we are still taking a look at the college campus but from the other end of it - graduation. Actually, we are looking at what awaits our college students as soon as they complete their degrees. According to the Minnesota Office of Higher Education, 71 percent of American college students had student loans in 2010. In fact, they borrowed an average of $29,100 per student.
With more than seven out of every ten American students accumulating such a large debt in order to receive a higher education, the stage is set for some to be unable to pay such loans back. However, the percentage of students who cannot repay such loans is astounding. According to the U.S. Department of Education, the student loan default rate in 2008 was 7%. In just one year, the rate has risen to 8.8%, a trend that would have us well over 10% for 2012. Those numbers are not promising.
With between 50 and 60% of American high school students enrolling in colleges and universities, this means that nearly 40% of all American high school students will take out student loans. Finally, we consider that 4% of all American high school students will default from college loans. The result makes me sick. 4% may not sound like a lot, but for me to consider that one out of every twenty five of my classmates will default on student loans leaves me no choice but to investigate the problem. I am in a class of about 900 students, over 3,200 students (9th-12th grade). We are one of the largest schools in the state of (Northwest) Indiana, and if the facts hold, we will have 36 sophomores (128 students total) who will default from student loans. This will not just happen from my high school, this will affect every school across the nation.
Both President Obama and Presidential Candidate Mitt Romney have offered solutions to the problem. They have visited universities offering their own remedies, but I think the problem stems back to the economy. The fact is that students are graduating from college with huge amounts of debt. Right after commencement the bills begin to roll in. The students, who had planned on getting jobs, now find that there are few or no job opportunities for them at all, as a result of the poor economy. At the end of the day, the president played a huge role in this disaster. His policies of increasing government dependence and raising taxes has crippled the economy, forcing American jobs elsewhere or out of existence all together. The situation was bad to begin with, but President Obama has only made it worse.
That leads us into the issue of raising taxes. “Tax the rich,” seems to be the President’s motto, but the fact is that the rich have already been taxed. The American Dream has always been a better life and greater freedom. That is accomplished through hard work and perseverance. The reward for this resolve comes in many ways, one of which is wealth. The wealthiest five percent of Americans contribute well over half of American tax dollars, but that is not to say that the middle class has been left out of the “gutting” either. According to Senator John Cornyn of Texas, 51% of Americans pay no income tax at all. There are some individuals who legitimately need to be exempt from income tax, but there is no way that more than half the people of this country should evade contributing to the services they receive from the government.
Class warfare will accomplish nothing. Many of those who have such wealth in our nation have achieved it as a result of their intellect, creativity, and most importantly - hard work. They have earned it. The same is true for Middle Class Americans who pay income tax. In the office, nobody likes to have deadbeats around. There are some people who are truly incapable of contributing, but that number is not even 5%, let alone 51%. John Smith of Jamestown Colony once said, “If you don’t work you don’t eat.” Unless a person lacks the capacity to help, then they really don’t have any claim to free government services, do they? We have rights to these things in our nation, but as citizens we also have responsibilities to uphold, all of us.
The president is merely creating a distraction to take the focus off of the economy, jobs, and gas prices, what we all really care about. President Obama is also using tactics such as a phantom “war on women,” and claims that Republicans are racists and extremists in order to divide the house. Do not allow him to do this.
President Lincoln once said, “A house divided against itself cannot stand.”
Finally we conclude this evening with the Fast and Furious scandal which has been mushrooming in the past few weeks. Formally known as the “ATF gunwalking scandal”, the reasoning for the situation was the hope of tracking powerful drug cartels and other wanted individuals in Mexico by selling firearms to known arms traffickers.
However, many of these weapons did not track the cartels and traffickers they were supposed to. In fact, there are theories out there that President Obama and the supporters of anti-gun laws purposely did not activate tracking devices on the firearms, in hopes of swinging the public opinion against guns after Border Patrol Agent, Brian Terry was killed in December of 2010.
Although there have been no formal charges brought against the president or any else in Washington, there are processes going on behind the scenes, attempting to connect the dots. At this point, it is not suspected that President Obama was directly involved. However, if someone close to him was, then this could become his Watergate Scandal.
The fact that we have such reason for an accusation is sad. We do not want to falsely charge others, however someone was responsible for Agent Terry’s death, incidental or on purpose.
That’s all the time we have for today. Thank you for joining me on “What’s Wrong With Washington”. I will see you on Sunday with “Lance’s Weekly Walk.” Also, be sure to tell us what you think by leaving us a message at: http://lponline.wufoo.com/forms/z7x3k7/.
This week our poll question will feature the possible Vice Presidential nominees for Mitt Romney. Be sure to tell us who you like at: http://poll.fm/3obcm. You can also access this poll and many other features through Lance Pisowicz Online, www.wix.com/lancejp/online.
I hope you have enjoyed our broadcast tonight, as much as I have. Thanks again, and God bless you all. Goodnight!
nice work again kid! when you work hard you shouldn't be stripped of it by govt. i've also heard about that scandal with obama and the drug cartels. makes me sick. anyways, keep up the great work!
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