Unintended consequences

Unintended consequences

Cry Wolf Quotes

CBA also disputed administration claims that eliminating the FFEL program would not result in poorer customer service to students and parents. More than 30,000 people are currently involved in helping students via the FFEL program. These experts understand students' loan obligations and how to get students the help they need when facing difficultly in repaying their loans. Firing them and hiring some untrained replacements, as the President proposes, would be a huge setback for educational opportunity.

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The Consumer Bankers Association’s Director of Government Relations, Marcia Z. Sullivan. Consumer Bankers Association’s press release.

So when businesses are already looking for opportunities over the rivers and past the bay, what does our Senate do? It decides to insist that business provide paid time off for family leave...There is a reason that only two states have enacted this legislation. It is because states do not want to lose the businesses that make up the backbone of their budgets. New Jersey senators don't care because this is other people's money anyway. They can stand and pontificate over how they are helping people while those same citizens' employers say ... goodbye.

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Dennis, blogging at NJ Tax Revolution blog, The Newark Star-Ledger

The impact on job creation is going to be devastating, and the American young people in particular will suffer a fairly substantial deferment of their lives because there simply won't be jobs for the next two to three years to go around to our young graduates across the country.

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Rep. Dick Armey, CNN

If the Coast Guard implements a regulation requiring the certificates, but if there are no insurers willing to back them, then there is the possibility that all tankers would be banned from US waters.

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The International Association of Independent Tanker Owners (Intertanko), Greenwire.