President Obama says so. In an incredible leap of socialism, president Obama will take $75 billion from other people to pay my mortgage for me. I’m only sorry that I didn’t buy a much more expensive house to not pay my mortgage on. I’m sure I would have been much more comfortable in a larger, nicer house than the one I’m currently stuck with. After all, why should those who moved into houses they couldn’t afford, based on fraudulent, phony income, with no down payment, and with mortgage payments based on negative amortization or interest only payments, lose their houses? (THEIR houses? They have nothing invested in these houses. The houses actually belong to the bank and the bank’s shareholders, but that logic totally escapes the Obama thought process!)
But not to fear, Obama will save us all. Many of the very people who are currently not paying their mortgages are in the homes they couldn’t afford because Jimmy Carter, Bill Clinton and now Obama REQUIRED banks to make loans to people who couldn’t afford those houses under the Community Reinvestment Act.
Free welfare for all…. We have to subsidize people who are not paying their mortgage, for the good of all you understand. Hey, this could really catch on! Why pay for anything? Obama will pay for your food, your car, your clothing, your house and everything! Why pay anything? Why work? Incredible!
