Whoowee!! Obama Destroys America

February 18, 2009 at 5:25 pm 3 comments

Obama promised $50 billion for the foreclosure problem yesterday, then $75 B this morning, then $275 B, but finally said the government would also buy mortgages from Fannie and Freddie, so actually it will be trillions of taxpayer dollars for toxic mortgages, without limit.

But wait, buying new mortgages from Fannie and Freddie has nothing to do with foreclosures. This is for his newly announced goal.

Barry want to increase home prices.

But our problem is that home prices are still too high and must come down further.

Our problem is too much debt but Brainless Barry wants the government to buy new mortgages from Fannie and Freddie without limit.

Hey! The government has never been authorized to buy new mortgages.

That means our taxes are now being used to replace banks and have Washington issue mortgages with no limit!!!


The world is over.

This by a stroke of the affirmative action pen, democracy, bipartisanship, legislation, and the American Way be damned.

Start posting comments on where we can set up a new nation. This one is no longer inhabitable.

Costa Rica maybe?

Entry filed under: bailout, bankruptcy, Barack Obama, Blogroll, cnbc, cnn, Fannie Mae. Tags: , , , , , , , , , , .

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3 Comments Add your own

  • 1. boudicabpi  |  February 18, 2009 at 10:30 pm

    This b. Hussein creep can’t use just one pen, he uses many and yes those before him did also. He has to be stopped.

  • 2. T  |  February 19, 2009 at 3:14 am

    Are you nuts? Bush and deregulation in financial services created this problem for “Barry” to fix. America was destroyed long before “Barry” came in…

    Useless war and occupation in the Middle East = Depressed Consumer Spending = The Fed Lowering Rates to Stimulate the Economy + Deregulation = Companies Running Rampant = Wacked Economy…

    This from the idiot who increased government spending putting us in the hole trillions more than Clinton, while cutting taxes… How about I get a job at McDonalds and put a trip to the Bahamas on a credit card. That was Bush’s economic policy.

  • 3. Rose  |  February 19, 2009 at 1:30 pm

    Unfortunately there are no inhabitable planets within reach, Costa Rica isn’t big enough. We’re gonna have to fix this so we can stay here. It’s not gonna be easy, though – Off topic, but check this out –

    The provision, which attracted virtually no attention in the debate over the 1,073-page stimulus bill, creates something called the Recovery Accountability and Transparency Board — the RAT Board, as it’s known by the few insiders who are aware of it. The board would oversee the in-house watchdogs, known as inspectors general, whose job is to independently investigate allegations of wrongdoing at various federal agencies…. First, let’s ask ourselves how this stimulates the economy. Why include this in an emergency stimulus bill when it has nothing to do with stimulus or economics? ….

    How did it get into Porkulus? Grassley says it wasn’t in the original bill passed in the Senate, and it suddenly appeared in the conference version. No one has claimed ownership of the RAT Board yet…

    Putting IGs under Nancy Pelosi’s thumb eliminates transparency and accountability, and calling it an Accountability and Transparency Board is a grim joke. It’s simply a mechanism to shut down potentially embarrassing (or worse) IG investigations while commanding others against political foes. Read the rest at HotAir.com

    God help us all.


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