Suspected Sallie Mae FounderFor the past several years, SLM Corporation, better known by its flowery fresh moniker Sallie Mae, has been the subject of increasing negativism. Anti-capitalist Chinese red commi sympathizers, from our very own sea to shining sea, have made complaints about sweet Sallie being less than nice in her lending practices. As a result, whiny sniveling college student mush brains and recent college graduates feeling sorry for themselves because they have to get a job have taken their accusations to the street.

Said Tom Miniore, a recent UW-Milwaukee graduate, after another night of getting snubbed on Brady Street commented, “Ohhhhh, that Sallie Mae is a mean bitch!”

This PRO-capitalist, PRO-American media mind thinks that Sallie is one of the sweetest most consumer friendly corporate citizens to ever grace our sacred land. She stands right next to the misunderstood Enron, labor friend Walmart, enviromentalist company Exxon and altruistic Halliburton in the pantheon of great American companies. Shameless self-motivated puppets of the far-left pro-education movement accuse Sallie Mae of all sorts of preposterous malfeasances and even outright fraud. Constantly complaining about lost and not received paperwork. Then griping about fines and fees imposed when the not received paperwork isn’t processed. Sallie points out that the problems lie with the U.S. Post Office, malfunctioning fax machines and email servers. She also reiterates that the fees could have been avoided if the forms and paperwork has just been in on time. Another complaint falls in the realm of the completely absurd. Loan takers suggest that Sallie’s unwillingness to work with borrowers is due to a conflict of interest. They imply that since Sallie has entered the collections business her actions have become more predatory. That’s silly talk. Sallie has maintained the same level of predation for years. She’s just now found more effective methods of revenue generation. When you consider that interest is all Sallie wants how could she be accused of a confict of interest. Poor, poor Sallie, I weep for you.


Many people also have the gall to point out that the “one consolidation and one consolidation only rule” has been very unfair to borrowers who have been unable to take advantage of falling interest rates. They imply that Sallie uses her multi-million dollar lobby to harm citizens in order to preserve a rule that would in any other circumstances be illegal under consumer protection laws. They cry that HR-2505, which would allow borrowers to refinance at prevailing lower interest rates, somehow keeps failing to reach the votes necessary in the Congress to relieve some of the pressure on their young lives. Folks, take it up with your Senator, Sallie is just a company. Companies don’t run the United States.

Ingrate hippies also point to some sort of irony now that Sallie offers mortgage refinancing yet still refuses to re-consolidate already consolidated federally insured student loans. Frankly, I fail to see their point. Why on earth would Sallie Mae refinance a federally insured loan to a better interest rate, when she can have people collateralize the loan with their houses at a higher interest rate when they run out of forbearance? It’s just common business sense people. Through it all, our dear Sallie Mae has not wavered. This bastion of American capitalism has gallantly stood up to the criticism by continuing to pursue her altruistic business strategy of giving young adults all the tools of leveraging their future earnings at above market interest rates. So though some so-called ethicists question Sallie’s methods, who can dispute this fact? And really, why do “ethicists” exist, anyhow? Think about it, the market will dictate ethics, just as it dictates foreign and domestic policy.Sallie Mae now administers more than a $140 billion in student loan debt. Debt that is necessary to promote the common good of our great nation.

Saturday, October 20, 2007 19472
An 18-year-old student was taken into protective custody Oct. 10 after he caused a disturbance with Sandburg Hall staff. The man used profanities, was uncooperative, staggered and slurred his words. He also removed a condom from his pocket and started to eat it, telling staff members to leave him alone. That's probably when staff members really should leave him alone
Monday, January 01, 2018 12363
Wisconsin governor Scott Walker has been excited about the Foxconn deal for Wisconsin, though he did avoid talking about it after the signing. Wisconsin residents are asking whether it's a good deal for the state to add Foxconn to its payroll. In fact, the state will be paying new employees of Foxconn $15,000 to $19,000 per job annually. While it may be true that these will not be actual state employees, they will also not cost as much as actual state employees, so it actually works out in the state’s favor, according to Walker. While roads and parks may be in disrepair, thousands of new private sector jobs will be created, and most of those new employees will likely not care about services the state might offer. While it’s true that the average corporate incentive arrangement only adds up to a state kicking in $2,457 per year. Basically, taxpayers will be paying over 15% of the wages to Foxconn employees, a workforce that could top out at 13,000. However, taxpayers must realize that when the government was bloated and paying many employees in excess of $30,000 a year and benefits, that’s more than double the investment in paying Foxconn to build electronics in Wisconsin. While it’s true that there was enforcement of DNR rules and teachers for children, the fact is that most people from Wisconsin would rather watch a youtube video of a rap battle between Donald Trump and Pocahontas than pay their hard-earned money into a corrupt system of fat-cat, liberal, career government employees. These people are perfectly fine that Foxconn employees will be making more money than them, with a substantial percentage provided by their own taxes, so long as those Foxconn employees do not tell them what to watch on the screens that are being manufactured in Wisconsin. Jeremy Atkins, a college marketing major, says that he is grateful that he might be able to work for Foxconn with money provided by Wisconsin taxpayers. “I will show my appreciation to the taxpayers of Wisconsin by purchasing my Porsche in the state” Atkins claimed. “I will also show my appreciation by paying Wisconsin income taxes even as I live closer to Chicago, over the border. I mean, have you seen Mount Pleasant? I’d rather live in Taiwan!” Atkins also claims that he hopes that with hard work and dedication, he might someday work his way to up own the company, which is generally the dream of most American workers. Like those who work for Toyota, HSBC, Sony, or Siemens.

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