Obama wanted to deny 30-year mortgages to middle class to fund Obamacare
WASHINGTON, D.C. – Infowars.com has released below the first of three never-before seen documents the Obama Treasury Department circulated internally in 2010 and 2011 as the plan to save Obamacare by bankrupting Fannie Mae and Freddy Mac developed.
The plan was apparently under the guidance of Valerie Jarrett, Obama’s special adviser within the White House, Treasury Secretary Timothy Geithner and Austan Goolsbee, head of the Council of Economic Advisors.
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Yup to make the middle class poor just like the welfare crowd.
ReplyDeletePOS obama is.
ReplyDeleteWhat a rotten bastard
ReplyDeleteSounds like he was working for SAPOA.
ReplyDeleteIt was ridiculous in the first place to think that a 30 year mortgage is affordable. Once you pay it off you have paid the principal three times over in interest.
ReplyDeleteSo who's interest were they really looking out for? Theirs, and theirs alone. All it amounts to is legal loan sharking
"Obama was willing to abandon the government subsidies that since the Great Depression have allowed the middle class to buy homes in which to raise families."
ReplyDeleteWhat subsidies? No one offered me any money.
5:44
ReplyDeleteIs that code for George Soros?
Soros is the Master of the dumbocrat plantation.
The rich got richer under Obama because of policies like Dodd Frank which kept banks from lending to small business but gives 0 % interest loans to the rich so they can buy anything they want.
ReplyDeleteAll that money trickled all the way down to the bottom of the 1%, even to the top edge of the 1% wannabes.
ReplyDeleteNo surprises here. Obama's war is/was against the middle class. He must destroy the middle class. Because, there is not a middle class in a Marxist society. Only the elites and the people.
ReplyDeleteTraditionally, business houses used offline media like
ReplyDeleteTV, Radio, Newspaper, Brochures, etc. Avertised shortcuts and file types both let tthe above behavior,
and also repair a damaged application by copying missing files
when they are invoked. Economist are predictong the economy increase before
it gets worse.