"... among those who will be getting something, are people that did buy more house than they could afford, those who overextended themselves with consumer debt, those who were a terrible credit risk, those who got subprime loans. These are the people along with crooked bankers, that are receiving a bailout because in Obama's America, no one should be allowed to fail, even if it's their own fault. We all remember poor and homeless Henrietta Hughes, the lady who has been called the face of the economy, she cried to Obama at a town hall meeting for a house with a kitchen. It turns out, someone in government has given her with a home. The timing of all of that seemed to be staged and manufactured. A political ploy to drum up support for Obama's StealFromUs Package. There were all kinds of subliminal messages there, one of those that jumped out at me was the concept of reparations for slavery. I believe reparations are coming although it's not going to be called that. You see, most of the country is against the notion of reparations. In our election, people voted for some kind of mystical and undefined change that the Rock Star was promising, Most people will not support reparations under any circumstance. In my last video, I explained in brief detail the spoils system which exists in Chicago and Illinois. The main objective of this stimulus bill is to put governmental structures in place to carry out Obama's agenda and use this money for votes to help Democrats win future elections.
Now, Obama's bank bailout, TARP 2 if you want to call it, will cleverly disguise reparations in the form of assistance in home ownership for the poor. This time, however, they won't only be restructuring mortgages, it will be used for assitance in down payments, assistance in catching up payments and outright transfer of property from banks to residents. A transfer of massive amounts of wealth. The governmental structure created within stimulus will be the bureaucracy that administers this reparation. Banks held under their obligation from the original TARP and this new bailout will be told that foreclosing on these assets and liquidating them under any circumstance will not be permissable and this dictate will come from the White House. If you don't believe me, Obama has already dictated a maximum wage for these Bank Executives. He owns the ass of anyone who chooses to stay. Obama not stopping at limiting their salaries, Obama will make it so that those that are struggling, most of whom are black and latino wiill are not foreclosed on when they default on their house payments. and rules will be changed so that anyone with a so-called 'need' for a home will be given a loan, regardless of their means and defaults on loans will be abandoned by the banks to the government and those properties will be transferred to the residents and written off by the government. The government will probably be aided by deflation in the market to make this transfer. The argument will be made that these homes weren't worth that much, anyway. In the past, these real estate bubbles have seen a massive amount of real estate transfer once they finally bottom out. In the past, it was private investors with their own money who were able to buy in cheap and get the market going again. Now it will be the government buying in expensively and giving these holdings away. This can only drive down market prices perpetuating the perceived need for further government intervention. After all, owning a home is not something earn, it is no longer a privilege, it's a right. When we look behind Obama's Shill, Henrietta Hughes, we find someone who was a genuine deadbeat and sold property for profit just a few years ago...."
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