Actually, 0bama (or more specifically, his handlers) did learn from history - that’s why they’re trying to resurrect sub-prime mortgages.
What history?? The train IS STILL WRECKING as we FReep.
It just blows my mind that Obama wants to re-ignite the mortgage crisis that devastated our economy. Check that. He wants to re-ignite the mortgage crisis that IS STILL DEVASTATING our economy.
FUBO!!!!
I suppose when Washington DC gets through with this sub-par mortgage FUBO/FUBAR, and the mortage and home buying industry is further down the toilet than 5 years ago, Barry will happily blame the banks and Wall Street again.
FUBO!!!! again.
In the 1930’s people paid to see train wrecks now there free,can’t get more progressive then that.
this is how they confiscate your money in thebank.
when these and thestudent loans explode depositors will take a haircut because the public isn’t for anymore govt bailouts.
This time they won’t force people out of their houses. “The government” will pay their mortgage. They’ll get section 8 on houses that are in their name.
I hope the banks resist. It’s time for civil disobedience. Seriously, who wants to go along with this Administration and have another financial disaster? It’s time to tell the President no!
So, they just need a little bit more to push the country over the edge, to destroy the US financial system, and be able to take over the banking system (and you can bet all the investments too). At which point, the federal government will control health care, housing, finances, and student loans. Effectively turning us all into slaves to the federal leviathan.
Mark