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Obamacare Implosion Now? Since Obama (Illegally) Siphoned GSE Dividends To Prop Up ...
ZeroHedge ^ | April 2, 2017

Posted on 04/02/2017 12:16:31 AM PDT by Zakeet

Complete Headline: Obamacare Implosion Now? Since Obama Siphoned GSE Dividends To Prop Up, Can Trump Simply Halt 1st Qtr Sweep?

Earlier this month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA "who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac," confirmed a 2012 scheme hatched by the Obama administration to funnel hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the failing Obamacare program - by paying subsidies to insurers to remain in the system.

[Snip]

The conclusion reached by Corsi and others is that this was probably illegal.

In fact, House Republicans actually sued the Obama Administration in 2014 over the fact that the subsidies to insurers weren't appropriated by congress and won, which the Obama administration appealed. As Zerohedge and the Atlanta Journal Constitution pointed out last week, the Trump administration has until May 22nd to decide whether or not to pursue the appeal:

(Excerpt) Read more at zerohedge.com ...


TOPICS: Crime/Corruption; Culture/Society; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: fanniegate; fanniemae; fraud; freddiemac; gse; healthcare; healthinsurance; obama; obamacare; trump
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To: Zakeet

The problem with waiting until the “crash” happens is that there will not be enough time to keep it from taking down insurance companies and state budgets with it.


21 posted on 04/02/2017 5:54:05 AM PDT by Vermont Lt (Brace. Brace. Brace. Heads down. Do not look up.)
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To: Gaffer
With directors of Fannie and Freddie like Franklin Raines, Jamie Gorelick and James Johnson at the helm, what possibly could have gone wrong? These people got 10s of millions in bonus payout each.

Now, now. I've had to rethink my opinion of Ms. Gorelick (who I thought was one of the unsung villains of the Clinton era) since I found out she was Jared and Ivanka's lawyer. /S

22 posted on 04/02/2017 6:09:15 AM PDT by Pearls Before Swine
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To: Pearls Before Swine

Me Too /s

I have often wondered why Ms Gorelick remains alive


23 posted on 04/02/2017 6:11:00 AM PDT by bert (K.E.; N.P.; GOPc;WASP .... Hillary is Ameritrash, pass it on)
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To: Pearls Before Swine

Lolol..I might have to steal that..


24 posted on 04/02/2017 6:12:00 AM PDT by RummyChick
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To: RummyChick

Be my guest!


25 posted on 04/02/2017 6:21:15 AM PDT by Pearls Before Swine
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To: Pearls Before Swine

That one name to me is synonymous with Benedict Arnold and every other American traitor of whom one could think, let alone Raines and Johnson.

The idea that any part of her connected with Ivanka Trump is just about as disconnected as one could be, frankly. They are indeed fools if they have this woman as council in any capacity.

That woman is some kind of connected privileged person who is a millionaire several times over. Why does she have to be in any kind of government at all. Power, raw power - evil as it can be, IMO.


26 posted on 04/02/2017 6:33:31 AM PDT by Gaffer
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To: Zakeet

Bump


27 posted on 04/02/2017 6:40:20 AM PDT by lowbridge
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To: Gaffer

Agree.


28 posted on 04/02/2017 7:00:19 AM PDT by hoosierham (Freedom isn't free)
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To: Yosemitest

Thanks for posting this historical background!

http://www.freerepublic.com/focus/f-news/3540234/posts?page=5#5


29 posted on 04/02/2017 7:16:25 AM PDT by WildHighlander57 ((WildHighlander57, returning after lurking since 2000)
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To: abclily; Gaffer

0 is on Brandon’s private island near Tahiti.


30 posted on 04/02/2017 7:18:24 AM PDT by WildHighlander57 ((WildHighlander57, returning after lurking since 2000)
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To: gogeo

gogeo wrote:

“”I am a Trump supporter but there is NOTHING that Jaime Gorelick can legitimately offer as a law-abiding lawyer, especially not one connected with ETHICS.”

This is politics. It’s a brilliant move. Get a little cynical, will you?

Gorelick is a RAT party elder. She wasn’t hired to provide sound ethical guidance but to act as a human shield.”

Human shield for who? For what purpose was she hired?


31 posted on 04/02/2017 7:20:07 AM PDT by WildHighlander57 ((WildHighlander57, returning after lurking since 2000)
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To: Zakeet

Why is it ‘probably’ illegal with dems and ‘definetly’, investigate, impeach, illegal with Republicans?


32 posted on 04/02/2017 9:14:25 AM PDT by TribalPrincess2U (0bama's agenda�Divide and conquer seems to be working.)
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To: Zakeet

Obamacare was designed to implode right when Hillary was elected so she could be the hero by ‘fixing’ it.

Her first “fix” was the bill that the insurance companies’ had already written, and this bill was supposed to be her gift to the insurance companies, as well as screwing Trump’s voters who were the group that would have had the biggest premium increases with her “fix”.

That too was designed to eventually fail as well, with single-payer being her ultimate “fix”, with her throwing up her hands and saying, “Well, folks, we tried EVERYTHING possible and nothing worked, so looks like single-payer is all that’s left”.

But that all exploded when President Trump was elected. Paul Ryan tried to introduce the HillaryCare/InsuranceCompanyCare bill anyway, since he had already cut a deal with Hillary and the insurance companies, but that exploded too.

If President Trump was smart, he’d just drop the whole obamacare thing for 9-10 months, and bring back real repeal/replace after obamacare had totally failed, at which point he’d have a mandate for doing practically anything he wanted to do.


33 posted on 04/02/2017 9:53:56 AM PDT by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Zakeet

A tangled web - does Maxine Waters know about this?


34 posted on 04/02/2017 10:39:31 AM PDT by Amish with an attitude
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To: Gaffer

Totally agree and it sours me on Trump unfortunately
I don’t care if her “trust fund” is paying Gorelick’s bill
I will be grabbing my wallet


35 posted on 04/02/2017 11:02:22 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: silverleaf

I think you should understand however that his ‘daughter’ is not your President. It is also not outside the norm to think one’s daughter or son, despite not agreeing all aspects of their choices and lives, could still provide some valuable consult in other areas.

IOW, it is a bad choice IMO, but not one to discount her value in other areas to her father.


36 posted on 04/02/2017 11:13:59 AM PDT by Gaffer
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To: Gaffer
With directors of Fannie and Freddie like Franklin Raines, Jamie Gorelick and James Johnson at the helm, what possibly could have gone wrong? These people got 10s of millions in bonus payout each.

And Jamie Gorelick is the President's daughter's laywer. Ivanka has an office in the White House and is "advising" her father. I am beyond disgusted with all of this. Get Ivanka OUT of the White House and away from influence over her father. If she has no better ethics and judgement of character than this, she really should not be anywhere near the president except in a family role. We did NOT elect someone who has ties and influence from the rot of the Clinton AND Obama crime syndicates..Bleh!

37 posted on 04/02/2017 3:13:59 PM PDT by boxlunch (Pray for Donald Trump's safety, for his family and cabinet. Make America Good Again!)
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To: Yosemitest

The only way a lock box can’t be empty is if it contains assets of real value, like stocks, occupiable real estate, bullion, or commodities. People like you always seem to panic at the idea of investing Trust Funds in real assets, so I have no idea what you would do differently than the current system.


38 posted on 04/02/2017 9:04:40 PM PDT by Go_Raiders (Freedom doesn't give you the right to take from others, no matter how innocent your program sounds.)
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To: topher

bump


39 posted on 04/03/2017 2:24:58 PM PDT by topher (Traditional values -- especially family values -- which have been proven over time.)
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To: Go_Raiders
I don't believe in so-called "Trust Funds",
and I don't believe in "everything going to the GENERAL FUND of the government,
and then writing I.O.U.s (government bonds) to different funds.

Spend the money for what it was appropriated for ONLY, and nothing else !

People have been buying the DemocRATS' LIES for a very long time.
It's time to expose them, and STOP THEM ! ! !
40 posted on 04/03/2017 2:51:06 PM PDT by Yosemitest (It's SIMPLE ! ... Fight, ... or Die !)
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