NoBamaNation 2012: Obama Administration to ORDER Banks To Cut Mortgage Payments for Jobless

Thursday, March 25, 2010

Obama Administration to ORDER Banks To Cut Mortgage Payments for Jobless

Democrats Remove MORE Incentive To Work – Communism Is HERE, America!

Source; Washington Post

The Obama administration plans to overhaul how it's tackling the foreclosure crisis, in part by requiring lenders to temporarily slash or eliminate monthly mortgage payments for many borrowers who are unemployed, senior officials said Thursday.

(Read the rest at the Washington Post)

Editor: Hey, I have an idea! Let’s all become unemployed and have Obama eliminate OUR mortgage payments too! No use working anymore to pay the mortgage, or for health care, and what the heck, let’s get on food stamps too! Big daddy government is going to take care of ALL of us! This Government welfare rat knew it all along!

No comments:

Subscribe to: Post Comments (Atom)

Obama Factoids - Updated September, 2012

What's happened since Barak Hussein Obama became President and the Nancy Pelosi Democrats took over the United States Congress?

Gas price, January 15th 2009 : $1.84/gal.

Gas price Sept. 15th, 2012 : $4.29/gal.

Most major economists predict gasoline will hit an all time high of $5/gallon by election day, and we're going to enter ANOTHER recession.

People on Food Stamps Inauguration Day: 30,000,000

People on Food Stamps Today : 48,000,000

Cost of Food Stamps, January 15th 2009: $35 BILLION

Cost of Food Stamps September 15th, 2012: $80 BILLION

Unemployment January 15th, 2009: 4.9%

Unemployment Sept. 15th, 2012 : 8.3% (Peaked 10.3%)

Since the recession began in December of 2008, 9.5 million American's have lost their jobs.

Of those 8.5 million, nearly 8.5 million have occurred under Obama's watch.

During OBama's first two years in office alone, unemployment reached a twenty-six plus year high of 10.2%.

CNN Reports There Are 400,000 fewer people working today, then when Obama took office! Where's the "Recovery?!"

There are now 25 MILLION People in this country who are Unemployed / Under-Employed / Gave Up Looking for work. That's more than any other time in this country's history.

That's more than the entire population of the State of Pennsylvania, according to the US Bureau of Labor Statistics.

The Unemployment Rate remains above 8% for the FOURTH year in a row - longer than any other time in history of this country.

How about Foreign Policy?

North Korea has successfully tested a nuclear weapon for the third time and has directly threatened the security of the United States of America by declaring the Korean War has resumed.

The response by the Obama Administration? Silence, followed by more 'sanctions' against North Korea. As if that's going to matter.

Iran has accellerated its nuclear program in defiance of the United States and the so-called "United Nations." The Obama Administration's response? Another useless sanction with the United Nations. Iran now has several THOUSAND centrifuges making fissible, nuclear material for BOMBS and is DIRECTLY threatening war against Israel now.

Obama's response: Threaten Israel.

On the Economic Front:

The "Misery Index" is once again being calculated - for the first time since the disastrous Jimmy Carter Presidency.

By printing and adding another $6 TRILLION dollars in DEBT, Obama has set the stage for 1970's style inflation. Welcome to the Obama Economy.

The Federal Budget Deficit, which was $400 billion dollars for 2009 as voted on and approved by Nancy Pelosi, Harry Reid, Joe Biden, Hillary Clinton and yes, Barack Hussein Obama during the last year of the Bush Presidency

Obama Budget Deficits have exceeded $1.5 TRILLION Dollars each year he's been in office. That's a historic first! They can't blame this on Bush, they own this crap sammich!

How about Obama's record on Energy?

Obama is still pushing for Cap and Tax. Once Cap & Tax has been instituted, along with the $1/gallon fuel tax advocated by some Obama Appointees we can expect gas to be $6/gallon or higher, should Cap & Tax go into effect.

Obama's EPA has effectively SHUT DOWN all off-shore drilling, and all drilling on Federal land. The "boom" in drilling is happening on PRIVATE LAND where the EPA cannot stop it.

How about the War on Terror?

Afghanistan is LOST. Obama's failed policies have snatched defeat from the jaws of victory. The Taliban is resurgent, and the Obama Administration has entered into "negotiations" with the very regime that aided Osama Bin Laden in attacking us on 9-11-01. Why isn't Obama being impeached for TREASON?!

Obama - Change we can all believe in, to be sure (/sarcasm)

Obama- Flops

Here are our favorite YouTube clips documenting Barak Hussein Obama's flip-flops on key positions.

*** NEW *** Obama Flip-Flops on Missile Defense During 1st Debate:

Obama flip-flopping on his position in Iraq:

Obama Flip-Flopping on Iran (and dangerously underestimating their resolve for Nuclear weapons)

Here, Obama flip-flops on the D.C. Gun Ban:

And here's another clip on the same topic:

Here's Obama flip-flopping on suspending the Federal Gas Tax. (Note: as a Junior Illinois State Legislator he supported suspending the Gas tax, but opposes suspending the Federal Gas Tax as a US Senator.)

Obama flip-flopping on Welfare Reform:

Obama Flip-Flopping on Public Financing for his Campaign:

In this video from 2004, Barak Obama says he's not qualified to run for President before ever having served a day in the U.S. Senate. (Must be those 143 days of experience that made the difference!)

And another clip of Obama admitting he's not ready to be President (this time as as sitting U.S. Senator!)

Obama Flip-Flops on the Cuban Embargo: