Can’t Pay the Mortgage? Obama says “You’re just a Deadbeat”
“I say, imagine in your private life, if you decided that I’m not going to pay my mortgage for a month or two—first of all you’re not saving money by not paying your mortgage. You’re just a dead beat.” – Barack Hussein Obama
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Very ignorant and insensitive statement he made. And he claims to be a Christian. Glad he’s not a member at my church….HYPOCRITE FOR REAL
Could it be that he owns a large chunk of stock in Toronto Dominion (TD) Bank. Yes, I think so. As I recall, his or Michelle’s grandmother was in upper management of a bank that was given to TD bank. As an employee, she received stock in the bank as part of her compensation package.
It is no wonder that Obama has fed trillions in bailouts to banks and Wall Street, and left Main Street holding the bag to pay for it. As well it should also be noted that the TARP bail out money was NEVER repaid as BO has claimed. The fact is, the loans were paid by reissuing new loans under another name to pay the TARP loans. The facts also show that not even interest was paid as that too was rolled in to the new loans.
REMEMBER – the top 25 US banks are insolvent. Just check the SEC information. They are surviving on the free money that is being printed to just give to them. The deal there is the FED is paying the banks in advance for inflation. Which is why the calculated inflation rate is so low. The Federal Reserve Board consist of 13 members. 12 are appointed by industry, (banks), 1 is appointed by the President of the USA and confirmed by the Senate. The 1 appointed by the US Government sits as Chairman. Under Roberts Rules of Order, The Chair of the Committee only votes in cases of a tie between the other members. What this means, is that the 12 industry appointed members are regulating the industry that appoints them.
Now I ask, does anyone know of a case in which an industry has ever been able to regulate itself? And Yes, the FED dictates to Congress the laws that they require to operate. Corruption?
Friends of Tony Rezco have no room to call anyone a deadbeat.
Look who’s talking.
Sounds about right coming from a man that’s getting FREE room and board! I’m disappointed to see after everything that’s happened since 2008 this man is so far out of touch with reality as to whats happened with the housing industry. The housing industry is rigged the banks have run amok and the government is doing nothing to really help homeowners trapped in this system of chaos! Deadbeat-a person who tries to evade paying debts. Due process is the legal requirement that the state must respect all of the legal rights that are owed to a person. Respect Mr President-not deadbeats-respect of the legal rights that are owed to a person! See this is the problem we are guilty deadbeats before proven innocent.
So we couldn’t help it through “medical reasons,business failing,family emergencies,” and were deadbeats because we defaulted on our mortgages but the government can default on it’s debt and it’s just another day in the nieghboorhood. Really?Seriously?This low life scum needs to be impeached and take his socialized medicine with him.I’d say send him to Iran and Iraq but those stupe negels would love him too much.
What words will Obama have for himself when he forces a default? He has the income at the treasury to pay interest on the debt 9-10x over each month ,, yet he is threatening to not pay…
http://www.ModifyYourLoan.us
It’s obvious that Obama is out of touch with what these Banks did. When my bank (indymac and one west bank) started strongarming me and refusing to honor previous agreements….I stopped paying them. Is it wrong for fighting a bully? I hired a lawyer, investigated the banks dishonest and scanning antics with their buddies MERS and Deutshe bank and I can’t wait for my day in court….Obama is in bed with George Soros who owns this bank ( one west bank) I think Obama is the Dead Beat.
O’Bama is a fucking stupid prick should not even be President of the USA! I should be President of the USA as I would kick every mother f’g a’hole out of Congress, Senate, House of Representatives and put every single MOTHER F’G BANK EXECUTIVE IN JAIL FOR A MINIMUM TERM OF 30YRS TO LIFE WITHOUT POSSIBILITY OF PAROLE FOR 20YRS, HAVE EVERY SINGLE HO– USEHOLD THAT WAS FORECLOSED ON ILLEGALLY AND EVERY SINGLE HO– USEHOLD THAT WAS PUT THROUGH THIS HOLY F’G HELL, WHICH I HAVE BEEN FIGHTING SINCE APRIL 2009 AND I’M NO DEADBEAT! I LOST MY BUSINESS OF 14YRS DUE TO SEVERE BACK INJURY, AND INSTEAD OF DOING THE LOAN MOD, THEY PUSHED PAPERWORK, THEN TOLD BANK OF AMERICA BOUGHT OUT ALL TAYLOR BEAN & WHITAKER MORTGAGES AND BOFA SAID WOULD HAVE LOAN MOD DONE IN 45-60 DAYS from Sept. 2009 and instead they put me into foreclosure Nov. 2009 and I have been fighting them myself because I can’t afford an attorney STILL as they want so much money upfront! I’m living only on Social Security Disability, having to feed myself and all my furry children which I will NOT give up because they are my children and they keep me alive.
I would like to KILL every freaken politician in the United States as they are all A’Holes who only care about themselves, the banks, wall street, all the millions of dollars they are making via salary plus all kickbacks they get from all the huge multi-billion and multi-million dollar industries here in US so they won’t get shut down.
Do you think the FDA gives a rats ass about the American People!? No they don’t! They get paid by the Big Pharmies to give the ok to all their drugs WHICH ARE NOT CURING PEOPLE, ALL THEY ARE DOING IS KILLING US VERY SLOWLY AND MORE AND MORE CANCER KEEPS GETTING WORSE BECA– USE OF THE FUCKING STUPID DRUGS THEY PUSH THROUGH SO THEY CAN ALL BE MULTI-BILLIONAIRES!!!!!!!!!ASSHOLES!!!!!! NOBODY IS SAFE IN THE UNITED STATES ANYMORE. THE COPS SIDE WITH THE BANKS AND MAKE PEOPLE LEAVE THEIR HOMES WIHTIN 1 DAY SOMETIMES ONLY FEW HOURS!!! KILL THE FREAKEN COPS, FBI SWAT TEAMS, ETC ETC.
For what it’s worth, Mary, I feel your pain. Lives have been destroyed, in some cases, people have even died, because of the stress and agony over losing their homes and jobs. Obama is so out of touch with what is happening to the average American. What an outrageous statement from him!