Posted on 08/05/2010 8:17:27 PM PDT by The Magical Mischief Tour
I just can’t figure Obambi out, is he just plain crazy or evil???
Hey, let’s go for the whole enchilada! Have the government pay off everybody’s mortgage. Free beer and sausages for everyone!
Up is down and down is up. Be responsible, pay your debts and you to can be made out to be a fool.
Hair of the Dog?
...as Fannie is looking for another 1.5 Billion bailout.
Hurry Obama and the Dems!!! Gotta REDISTRIBUTE THE WEALTH before the people rebel in November!!!! That “Joe the Plumber” incident was a HUGE clue as to what Obama was/is all about.
Free beer and sausages for everyone!
++++++++++++++++++++++++++++++
Ja!!! Ja!!! Mein Führer vill make ze trains run on time wit food on da table.
HAPPY DAYS ARE HERE AGAIN!!!!!
“I just cant figure Obambi out, is he just plain crazy or evil???”
BOTH!
At least the Trains run on Time.
Pray for America
this was being reported on CNBC when i left the office today...
Lease Problems on Cash for Clunkers Cars After One Year http://www.freerepublic.com/focus/f-news/2565560/posts
Is this really that difficult to understand?
The mortgages to be paid off will be overwhelming held by blacks.
The money the government pays the banks with will come from taxes...
The vast majority of which will come from wealthy (no longer just ‘the rich’) white people.
QED
btw- this is the straw that will start the civil war/class warfare in this nation...
those of us without Fannie/Freddie mortgages won’t pay our taxes...
Not everyone who own their home outright is “upper class”.
There are many people who scrimped and saved up a larger downpayment, bought less home than they ‘qualified for’ (in realtorspeak) and who then proceeded to pay of their mortgage as quickly as possible.
These people would become overnight the biggest shmucks on the planet ... and I’ll bet mighty angry schmucks.
Government is doing everything possible to keep the wheels from coming off the push cart (banking system). Stimulating via Quantitative Easing is just creating more debt and still the economy is not going anywhere because consumers are hunkering down which means they refuse to spend or ask for new loans. This is killing banking as they rely on creating new debt (consumer loans) to service (pay down) existing debt.
Whether consumer are preparing for new taxes or are debt ridden or trying to save or looking for a job is leaving the economy in limbo. All these great socialist ideas out of Congress don’t seem to be helping matters. Just throwing money at the problems may not even help with getting reelected.
http://en.wikipedia.org/wiki/Quantitative_easing
Ok, now when are Dodd and Frank going to jail?
Jobs are the #1 issue among the majority of Americans....how exactly is this creating jobs? =.=
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