[MissMagnolia]

So ... can King Obama implement this by decree?

[thouworm]

It looks like that is the objective...

Comment from Freeper John S Mosby:

“The purpose of Cordray is to have the federal govt. takeover bank owned properties, under the guise of “enforcement and protection of the financial consumer” and then dole them out to politically aligned new “owners” who will not have to qualify— massive re-distribution of property ala STALIN.

In this way the feds become the biggest landlords in the country and can drive out any private landlords— it is pure unadulterated Marxism, and it has been done before, and I might add done with banker’s cooperation.

Bankers would lick spittle just to handle the paper— like Bank of America will become for real, the Bank of the United States a wholly owned govt. bank working for/with fannie and freddie. This is what Dodd-Frank was setting up in the first place.

I would like to get my hands on the game plan of these Marxists— perhaps someone is collecting the operation in one place. We HAVE to stop this marxist, please people. Wake up, man your posts— fight. “

http://www.freerepublic.com/focus/f-news/2828828/posts?page=21#21

[sloop]

“And the beauty part for Obama? He wouldn’t need approval from Congress to do it. Even though many Republicans would scream that the plan would reward irresponsible homeowners who took on too much leverage — indeed, talk of a housing bailout is what launched the Tea Party movement – they probably couldn’t stop it.”

[Matchett-PI]

“So ... can King Obama implement this by decree?”

Which Republican wimp in Congress is going to stop him?

Gingrich: Romney ‘Would Buy the Election if He Could’
http://www.foxnews.com/politics/2012/01/01/gingrich-romney-would-buy-election-if-could/