Reuters.com: He pointed to the growth of private lenders for student loans as an example of the failure of Washington to provide enough assistance. When one student described late-night television advertisements that promise easy private loans, Obama lit up. Ive seen those, he said with excitement. Those ads are terrible! They’re all like, Hey, this is fun! No problem!’
Oh please, Nobama Frankenstein, this monster is your baby. The reason we have predatory lending, Payday Loan sharks, and those terrible ads, is because you sir, refused to put a cap on interest rates.