wws @11: Financially, it’s a disaster. No one will loan money under those terms, so the business will become 100% government financed.

This seems to be the MO of the Obamatrons. Don’t bother actually nationalizing industries through legislation, because that’s too obvious and the peasants will get angry. Instead, pass a bunch of rules that make non-government competition effectively impossible, and backdoor your way to socialism.

This is just what they are trying to do to the health insurance industry, creating a single payer government system by driving out everybody else. Same ploy now with student loans. What’s next?