Ah, to live in Missouri.
First, there’s one of our state’s zaniest Republicans, Rep. Todd Akin, who is trying to become Claire McCaskill’s replacement as U.S. Senator. (By the way, as The Washington Post reported, “Independent conservative groups have already spent more than $3 million on television and radio ads” against McCaskill.)
Akin had the distinct pleasure of being the butt of a joke by the President of the United States involving the issue of increased interest rates for student loans. From HuffPo:
“I’m always interested in how folks talk about this issue,” he said. “You’ve got one member of Congress who compared student loans — I’m not kidding here — to a stage three cancer of socialism.”
Obama tried to repeat the phrase but broke up laughing.
“I don’t know where to start? What do you mean? What are you talking about? Come on!” he implored, eliciting loud applause. “Just when you think you’ve heard it all in Washington, somebody comes up with a new way to go off the deep end.”
Yes, it’s true. Todd Akin, who has been endorsed by Michele Bachmann and Iowa’s goofy representative, Steve King, did say this:
America has got the equivalent of the stage three cancer of socialism because the federal government is tampering in all kinds of stuff it has no business tampering in.
Now, Akin isn’t the only Missouri politician making news about student loans. Roy Blunt, who is Mitt Romney’s front man in Congress, told a whopper about the Affordable Care Act and the interest rates charged to students taking out loans. He told Andrea Mitchell:
Why is that rate as high as it is? Because it was one of he pay-fors in the President’s health care plan. If the health care plan goes away, as the court very well might decide, there’s no longer an argument about this loan rate because it was used to take money from students and pay for health care, and largely health care for people who aren’t students.
Of course this is a complete lie. The law that lowered interest rates (from 6.8% to 3.4%) was signed by President Bush in 2007 and it is set to expire on July 1 of this year, which is what the current fuss is all about.
Some people think Blunt got that law confused with the Student Aid and Fiscal Responsibility Act, which was attached to the ACA. That Act cut the bankers out of the student loan loop (which pissed off Republicans bigtime), thereby saving the government tons of money that Democrats then reinvested in low- and middle-income students via grants. (Presumably, that is what Todd Akin meant by “stage three cancer of socialism“!)
In any case, confused or not, what Blunt did was stand in front of a television camera and tell a falsehood—without immediate challenge from Andrea Mitchell. Thankfully, though, The Ed Show exposed Blunt’s tall tale later that night in the following segment: