President Barack Obama pledged $275 billion to a program that includes cutting mortgage payments for as many as 9 million struggling homeowners and expanding the role of Fannie Mae and Freddie Mac in curbing foreclosures.Expanding Fannie and Freddie--what could go wrong there?
No surprises. The flim-flam man is just paying back the backers who didn't get taken care of with Stimulus-I while maintaining his long-held support of 'affordable housing', ie, the same crap that got us into this mess.
As for you saps who've played by the rules and made on-time payments for years, well, just shut up you ungrateful unpatriotic bastards. Can't you see Obama is trying to save your property values? FICO score impacts, you say? Who cares. Consequences smonsequences, it's an emergency. The new amnesty program is coming next, right in front of socialized medicine. We ain't seen nothing yet.
Heads up, Tidy Bowl Man, we're about to play through.
Obama's change is becoming more evident by the day--it's called spreading the money around key areas. Oppose it? Maybe you'll get the racist! treatment like Mark Sanford and a few others:
“These four governors represent states that are in the black belt. I was insulted by that,” he said. “All of this was a slap in the face of African-Americans. It had nothing to do with Governor Sanford.”The "Black Belt"? Is he serious? Or is he just trying to start a dialogue?