Did Obama oversee the ‘biggest accounting fraud in history’?

Did Obama oversee the ‘biggest accounting fraud in history’?

[Ed. – If so, it may have been this one, with the estimated $310 billion price tag. But there actually might have been others.  There’s still a lot to get to the bottom of.]

With all the expensive promises being thrown around by the 2020 wannabes, the topic of student loans has been front-and-center.

And that could prove to be some bad news for the #44th President. …

The Wall Street Journal’s editorial board (WSJ) recently suggested that the Obama administration pulled off “the biggest accounting fraud in history” with student loans when eliminating the role of private lenders in the federal student lending market.

…In 2010, Democrats “nationalized the [student loan] market to help pay for Obama Care,” WSJ asserted. “The Congressional Budget Office at the time forecast that eliminating private lenders would save taxpayers $58 billion over 10 years. This estimate was pure fantasy, and now we’re seeing how much.” …

Instead of SAVING taxpayers $58 Million…

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It’s costing $310 Billion over the next ten years.

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