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1 posted on 12/22/2013 5:38:38 AM PST by LD Jackson
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Serial ObamaCare fibs make the President the year’s biggest liar.... three of the year's most outrageous lies were laid at the door of the WH.

Now O/Care was merely an extension of Conman Boobamba's MO--- figured he could get away w/ repeated lies about O/care---like keeping your plan, and your doctor.....

.......and "saving $2500"....THE biggest line a sitting president ever fed to the American elctorate (said as a re-election ploy---to regain power).


We need investigations into Obama's Chicago activities when he duped gullible people on welfare, food stamps and SSI.... conning them into believing they could payoff mortgages.

Valerie Jarrett was a Chicago slumlord at the time. What was her involvement in sub-prime mtges?

Community organizer Bammy sued banks to get subprime mtges------the same banks he's now suing for "predator lending"---b/c they burdened the poor with mtges they can't possibly payoff.


Investigations need to commence into the Chicago "community organizer's" and his associates' activities.

L/E is directed to get ahold of: (1) copies of checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including e-mail, contracts, mtge loan agreements, and, (8) any other books or records.

L/E should also explore (a) monies paid to slumlords, brokers, sub- brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers.

L/E should scrutinize all bank accounts for suspicious activities: (A) large deposits, (B) funds transferred from one account into another, (C) frequent requests for withdrawals. Bank records might also show diversions to secret LLC other accounts, to money launder and to operate personal ventures---like Chicago political campaigns.

Tax fraud can also be facilitated by withdrawals, gift cards purchases, credit card purchases and intra-bank transfers from foundation accounts into personal .....and campaign accounts. A huge tipoff is whether bank withdrawals support campaign activities.

Did the community organizer and the slumlord encourage the falsification of bank documents? Did they accept money under false pretenses?

And study those back tax returns with a fine-tooth comb.....especially entries for "interest income."

2 posted on 12/22/2013 5:58:40 AM PST by Liz
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To: LD Jackson

read after church

3 posted on 12/22/2013 6:02:02 AM PST by knarf (I say things that are true .. I have no proof .. but they're true.)
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10/17/13 Obama’s Secret Collaboration with ACORN Bosses FrontPage / Matthew Vadum / FR Posted by SJackson

Former officers of the disgraced radical group ACORN are still advising the Obama administration and guiding its catastrophic far-left policies almost three years after the group filed bankruptcy.

Former ACORN Housing public affairs director Bruce Dorpalen, who now runs the National Housing Resource Center (NHRC), has been meeting with and advising senior Obama administration officials on housing policy, according to good-government group Judicial Watch. The watchdog discovered the secret collaborations after filing a Freedom of Information Act (FoIA) request.

Like a grifter running away from a criminal past, ACORN Housing formally changed its name to Affordable Housing Centers of America (AHCOA) after devastating undercover videos surfaced in 2009. In those videos, masterminded by conservative activists James O’Keefe III and Hannah Giles, ACORN and ACORN Housing intake workers were shown providing advice on setting up a brothel for pedophiles and breaking other laws. The videos launched the late Andrew Breitbart’s website Big Government and generated leftist apoplexy across America.

At the time, ACORN apologists like Joe Conason, Rachel Maddow, David Sirota, and a menagerie of other media Marxists tried to defend ACORN by falsely claiming that the videos had been doctored. A year later the controlling entity in the ACORN network, ACORN Inc., filed bankruptcy after Congress canceled its taxpayer funding and left-wing foundations sprinted away from the group as hard as they could.

“How is it, after the scandals of ACORN and its contribution to the housing crash, that this organization’s former leadership is still able to guide federal housing policy?” said Judicial Watch president Tom Fitton. “It goes to show that Barack Obama truly is the president from ACORN.”

The “smoking-gun documents” Judicial Watch obtained “show the continued collusion” of the U.S. Department of Housing and Urban Development (HUD), Consumer Financial Protection Bureau (CFPB), and “ACORN spinoffs – and strongly indicate that Barack Obama is still determined to turn the federal government’s housing policy over to the far left,” Fitton said.

According to the documents, Dorpalen is so cozy with Obama officials that he was scheduled to introduce CFPB Director Richard Cordray at a housing counseling forum in December 2012. Dorpalen also met with CFPB regional strategist Keo Chea, Federal Reserve representatives, and Dustin Toomey, executive director of Affordable Housing Centers of PA, an ACORN spinoff group that shares office space with Dorpalen’s NHRC, Judicial Watch said.

The documents also show that Dorpalen met with Thomas J. Curry, Comptroller of the Currency in April 2013. Curry’s office, part of the U.S. Treasury Department, supervises more than 2,000 national banks and federal savings associations around the country. In May of this year, Dorpalen lobbied federal officials in support of the housing bubble-generating Community Reinvestment Act (CRA). ACORN and other radical activist groups support the CRA with a near-religious fervor even though it hurts more people than it helps.

--snip--rest on FR..............

4 posted on 12/22/2013 6:04:58 AM PST by Liz
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The Obama/Holder extortion----AKA the JPM $13 billion settlement.....will be funneled to “community organizations”---friends of Obama and Holder —black run organizations, to help people who cannot afford to purchase homes, to purchase homes. According to CNN, Eric Holder said, “Without a doubt, the conduct uncovered in this investigation helped sow the seeds of the mortgage meltdown.” This presumably explains why Eric Holder is attempting to play this tune for a second time. Plus, he knows that he will never be held legally accountable for his obvious corruption: it is illegal for the United States government to provide financial rewards to partisan cronies.

The twisted deranged progressive mind at work. As a community organizer, Obama sued banks to give out mtges to the underemployed----Obama duped people on food stamps and SSI (considered "income") into thinking they could payoff mtges. Now, as president, Obama's suing the same banks for predator lending---for burdening these ne'er do wells with mtges they can't possibly pay off.


OBO/HOLDER COVER-UP massive mtge fraud perpetrated by the Congressional Hispanic Caucus (paranoid O needs latino votes to stay in power).

Where are Dimon's lawyers? Why aren't they looking into these trumped-up mtges----investigate elected crooks colluding with community groups to falsify documents.



The Congressional Hispanic Institute, Inc, is an entity organized by Cong Joe Baca (D-Cali) in his capacity as head of the Congressional Hispanic Caucus.

Cong Baca created "HOGAR" (Spanish for home) in 2003 to work with the mortgage industry, F/M, lenders, banks and latino community groups to increase mortgage lending to what savvy observers consider to be unqualified Latinos.

"HOGAR" colluded w/ Cong Baca in what was to become a massive bilking of taxpayers. Cong Baca calculatedly hyped the fact that the national Latino homeownership rate was 47%, compared with 68% for the overall population.

HOGAR was coached to call the figure "alarming," and to say "a concerted effort was required to ensure that by the end of the decade Latinos will share equally in the American Dream of home ownership."

HOGAR and Cong Baca conned the public, failing to note that most of the "dreamers" were illegals, citizens of Third World countries who had violated US borders.

Predictably, HOGAR colluded w/ co-conspirators which included:

(a) shaky mortgage companies that ran into big trouble;

(b) Fannie Mae and Freddie Mac, both now under federal control after billions in taxpayer bailouts;

(c) Countrywide Financial Corp., sold to Bank of America Corp;

(d) Washington Mutual Inc., taken over by the US government and sold to J.P. Morgan Chase & Co.; and,

(e) New Century Financial Corp. and Ameriquest Mortgage Corp, both now defunct, killed by defaulted subprime Latino mortgages.

HOGAR's ties to the subprime mortgage industry were substantial. Bribery and self-dealing were rampant:

<><> Companies that donated $150,000 to Cong Baca got the right to have their own research fellow who would conduct fraudulent studies, which were cunningly used by industry lobbyists to pump lending.

<><> Bribery and extortion in the form of $100,000 annual donations to Cong Baca, for which HOGAR provided phony news releases from Cong Baca's Hispanic Caucus promoting a lender's commercial products to the Latino market,

<><> The most shocking example of bribery well- substantitated by Hogar's literature..... HOGAR announced it worked with Freddie Mac on a self-serving two-year examination of Latino homeownership in 63 congressional districts.

The "study" found Hispanic ownership on the rise thanks to "new flexible mortgage loan products" that the industry was adopting at the urging of Cong Baca's collusive coterie.

<><> HOGAR conned lenders into even more lenient down-payment and underwriting standards.

<><> As the subprime debacle unfolded, HOGAR declined repeated requests for comment despite the economic havoc their activities precipitated.

The mortgage schemes demonstrated the criminal activities of border violators with multiple identities---perhaps violent, terrorist-connected foreigners---colluding and conspiring to defraud private companies and public entities. And mortgage racketeering enterprises which employed sub rosa finance and business practices to carry out deceptions and frauds.

The alleged ring of swindlers---a Congresman, individuals with multiple identities, banks, insurance companies, mortgage brokers--might be charged with cheating the US govt, taxpayers and bank share holders out of hundreds of millions of dollars via an elaborate web of mortgage and bank frauds.

The mortgage Dreamers used multiple phony identities, fraudulent Social Security numbers, purchased from identity forgers in order to obtain govt-subsidized benefits.

L/E will find that individuals with multiple identities obtained fraudulent mortgages then flipped the houses at ever-higher prices to family member who then absconded to foreign countries, sticking banks (and taxpayers) with hundreds of millions in fraudulent mortgages.

BACKGROUND A Wall Street Journal investigative report related that, according to the Federal Financial Institutions Examination Council examination of the borrowing spree, uncovered financial schemes by low-income housing groups, Hispanic lawmakers, a congressional Hispanic housing initiative, mortgage lenders and brokers, all colluding in fraduent schemes to increase homeownership among Latinos with forged documents which enabled massive fraud.

This was not simply the mortgage market at work. It was fueled by avarice, greed, and Congressional enabling fraudulent /practices. In 2005 alone, mortgages to Hispanics jumped by 29%; Latinos with multiple fraudulent identities in low-paying jobs obtained subprime mortgages for prime properties---soaring to 169%.

(Research provided by Wall Street Journal. Some material excerpted from the NY Times).

6 posted on 12/22/2013 6:19:40 AM PST by Liz
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To: LD Jackson
On an earlier thread, I remarked that the modus operandi of this administration was to connect dots that seem absurd to connect.

Smokin'Joe said it here

7 posted on 12/22/2013 11:02:15 AM PST by knarf (I say things that are true .. I have no proof .. but they're true.)
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