mortgage (5)

An open letter to Congress;  House and Senate

Honorable Gentlemen and Ladies;

I write today asking why you are not watching out for this Nation, why you are so easily deceived by the rhetoric, smoke and mirrors.... why you are not immediately taking action to protect this Nation, it's assets and its Citizens?

Or are you onboard with this administration?

Back in 2009 this administration forced a policy on this Nation that was extremely ill advised and the result of that failed policy is our economy in shambles, housing market in shambles, homeowners in foreclosure and a $43 Trillion dollar lawsuit for Racketeering and Money Laundering directed against White House staff, Mr. Eric Holder, numerous Bankers - and others.....

And I quote from the article found at; http://www.nowpublic.com/world/43-trillion-dollar-lawsuit-awaits-obama-white-house-and-banks

" This lawsuit represents the most massive scale of corruption, theft of public funds, laundering, racketeering, and failure of the government to pursue its duty to the citizens of America in history. It promises to unveil and divulge the corrupt inner workings of the federal government along with its malignant relationship with the banking industry, Wall Street, and government officials who have considered themselves cunningly beyond the law!"

Mr. Obama, just the other day, claimed he wants to do the same thing again and has begun his attempts to coerce banks to provide sub-prime mortgages..... this has been widely publicized and easily found in the Washington Post.

Honorable Gentlemen and Ladies;   I submit that some among you may argue history's cyclic nature - but this one is not only close, it is exactly the same. The Chinese proverb comes immediately to mind - and this looks like insanity - or an agenda.

It may be designed to provide a springboard to declare martial law with executive orders as our Nation revolts when Citizens discover our Nation is now bankrupt because this administration has completely drained our National resources. And this may be the actual reasons...

How serious are you about "Honor" and upholding the oath of Office you were required to swear to sit that office? It does not matter what party you belong to, what the color your skin is, what religion you adhere to - we are talking about America and the Citizens of America.

Bottom line: "We the People" elected you to do a job. Like any employer, we expect our employees to do what "WE" want them to do,  not what "they" want to do and certainly not what others (also elected) - want them to do....

In any business or enterprise - when employees refuse to listen to the Boss - they get fired. This is a given. To think otherwise - you are deceiving yourself.

This crosses party lines.....  Do the job our Constitution demands you do and put an immediate stop to this. Pull the money plug on this administration immediately.

 

Respectfully,

Aubrey Mason

San Antonio, Texas

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Earlier this week we all have seen Mr Obama tell the country he wanted to lower housing interest rates....

Here is my take on this - and I think I'm correct in my assessment.

In 2008 this failed "policy" provided a means for this administration to steal (my opinion) taxpayer monies and claim they were bailing out the economy.... A $43 TRILLION dollar lawsuit emerged for Racketeering and Money Laundering against White House staff, Eric Holder and many others..... 

And I quote from the article;

"This lawsuit represents the most massive scale of corruption, theft of public funds, laundering, racketeering, and failure of the government to pursue it’s duty to the citizens of America in history. It promises to unveil and divulge the corrupt inner workings of the federal government along with its malignant relationship with the banking industry, Wall Street, and government officials who have considered themselves cunningly beyond the law!"

Continue reading at http://www.nowpublic.com/world/43-trillion-dollar-lawsuit-awaits-obama-white-house-and-banks

That was then; has anyone seen a penny of that money find it's way back into our Treasury? No, we are told it will take years as it wends it's convoluted way through the Court System. WHY?

It seems to me that $43 Trillion dollars would help our economy out, it would likely put us back in the black..... so why wait? Why drag it out?

Now, we have Mr Obama attempting to do the very same thing all over again..... and not a peep is heard in dissension.

I submit to you that we have been lied to, our National Treasury has been raided by thieves calling themselves elected, we have a felon in charge of the Nation's highest Law Enforcement office - and Congress is doing nothing to prevent any of this.

I submit that should Congress allow Mr Obama to decrease interest rates again, allow him to force or coerce Banks to provide sub-prime mortgages - we will see another Multi-Trillion dollar loss of taxpayer dollars to thieves calling themselves elected... providing an excellent springboard for a marxist/communist/muslim/illegal alien to take complete control of our Nation.... as he invokes martial law when the public finds out the Nation is bankrupt and revolts.

Why has this entire issue dropped completely off the radar and why are there no Congressional Leaders standing up to protect the Nation?

Why has the House refused to cut off Mr Obama and his extremely frivolous spending?

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100% of "Obama-Reform" 100% NOT Actual Reform

Back when you were a child and young adult, didn’t the noun, “reform” when talking about government and laws mean “improvement,” “removing corruption,” or perhaps a “change in policy aimed at improving or removing corruption?” When exactly did it come to mean, “moving closer to socialism and total control by the federal government?’

The country is stagnating beneath hideous new laws that give us greater socialism under the “reform” banner of Obamacare; takeover of the student loan program; etc. while President Obama is putting comprehensive immigration “reform” forth as the next great crisis that can only be solved by giving him more power. The amnesty he wants is expected to give him 85% of the estimated 12-20 million new voters created by this “reform.” And tonight in Washington, the House of Representatives will vote on “Financial Regulatory Reform.”

Anyone with a conscience and integrity must vote “NO,” but expect roughly 95% of the Democrats in the house to support one more travesty. By taking control of the American financial industry without actually reforming the sector that actually DOES NEED REFORMING (Freddie Mac and Fannie Mae and the four mortgage guarantee laws passed between 1977 and 1998), Obama will make the world safe for Communism but certainly NOT for the American Republic.

The bill represents a huge lost opportunity, according to Tennessee Representative Marsha Blackburn. A lot went wrong between 1977’s Community Reinvestment Act; and the ’92 law that expanded it to include Fannie and Freddie; the two further expansions in ’95 and ’98 and the incredible abuse by ACORN of the incredibly irresponsible notion of forcing lenders to make bad loans to people without I.D., without jobs, with abysmal credit ratings, to people without even rental references or rental addresses, and even to illegal aliens. That is the single greatest and most important cause of the recent financial collapse and no one seems to want to talk about it. Those laws are still on the books. That REFORM would be valuable and help the nation survive, that reform will not occur under this disgusting law. Blackburn opposes all laws aimed at crippling the economy to the benefit of a bigger Washington.

We could have had a bi-partisan bill protecting the nation’s economy. Instead we’re given a monstrous truckload of ill-conceived new regulations, one more new bailout fund, and a whole set of new bureaucracies in this bill; none of which are likely to address the root causes of the financial crisis or prevent the next one. For example, as mentioned above, the bill doesn't address Fannie Mae or Freddie Mac. The bi-partisanship will occur among those who oppose the bill virtually all Republicans and a good twenty conscientious Democrats.

The new law also makes it much harder for community banks to compete according to Marsha Blackburn. These community banks, which have far fewer resources than the big New York firms, will have to comply with the same regulatory and reporting requirements. They won't, however, have the benefit of a permanent bailout fund to use as a hedge against risky and potentially profitable moves. This is the second greatest problem with this stupid law . . . . locking-in the concept of “too big to fail” which encourages risky behavior that can payoff big but (because we’re “too big to fail”) has NO DOWNSIDE. Once more Barack Obama has had a chance to be a real leader and really help the country and opted instead for ideological nonsense that takes the country in the absolute wrong direction.

According to Minnesota's Michele Bachmann, similar to Obamacare "reform" passed three months ago, this final bill negotiated between the House and the Senate is 2,000 pages of bureaucracy in which the people who wrote it again don't even know what's in it. In fact, Senator Chris Dodd (D-CT), the man most responsible for crafting this piece of legislation, said a la Nancy Pelosi, “No one will know until this is actually in place how it works." Of course Dodd and his Dem cronies rejected a series of Republican amendments that would have dealt with Freddie and Fanne; the ridiculous notion of too big to fail; and bailouts of all sorts.

The new bill, should it become law absolutely guarantees more and more dangerous financial Armageddons for the country. The mainstream media accuses the TEA Party of claiming that Barack Obama is the “Anti-Christ” . . . Wow! Rajjpuut hates to see the Anti-Christ’s name get taken in vain like that.

Ya’all live long, strong and ornery,

Rajjpuut
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‘Poll-Bounce’ from Slick Obama Speeches
Not Lasting Nearly So Long These Days
There’s a strange dichotomy – a weird chasm -- in the brains of those on the Left. Much more slowly than the conservatives in this country, but oh so slowly and oh so surely the Left has been noticing the deeds of Barack Obama and he’s been dropping steadily in their esteem as a result. For example, Rasmussen Reports daily Presidential Tracking Poll for today, Saturday, June 5, 2010 shows that 25% of the nation's voters Strongly Approve of the way that Slick Barack is performing his role as president while 42% Strongly DISapprove, giving Obama a Presidential Approval Index rating of -17. And yet, every time that’s happened (for example ten days back his strong approval was at 23% and his strong disapproval was at 44%) he’ll make a “key speech” and suddenly he’s bounced back to only -7 or -10 in the polls again. That pattern has gone on now for well over a year.
Yes, Obama’s approval rating has gradually slid lower and lower. But the surprising thing is how much credence the “great man’s words” carry with the adoring Left. While Unaffiliated voters and Republicans grade him on his deeds, clearly the Left is just sitting at home waiting to be inspired by his voice over and over and over again. One good thing, however, is that each time Obama’s silver-tongued 'bounce' has lasted for a shorter and shorter time. The last bounce came when he gave his “the buck stops with me” (about the Gulf oil spill) speech nine days ago early in the day on Thursday, May 27. In contrast, when he addressed Congress on Obamacare the “tongue-bounce” lasted almost a full month. More and more Americans are grading Obama on his deeds rather than his promises and more and more are finding the president grossly wanting on GO, despite his always intriguing SHOW.
It all comes down to the American Dream . . . . According to info from the Rasmussen Consumer Index surveys, most Republicans (57%) believe the economy is getting worse while a plurality of Democrats (46%) say it is getting better. Among those not affiliated with either major party, 29% say better and 43% worse. However, when asked about their own personal finances, a plurality of Republicans, Democrats, and unaffiliated voters all say “things are getting worse.”
According to Rasmussen, “It will take several days before the impact of yesterday’s jobs report is reflected in the daily consumer confidence updates,” but the situation on the home owner front is perhaps the single-most bleak aspect of the present economy: right now, one in seven homeowners (14%) expect to miss a mortgage payment in the next six months but only 55% of homeowners believe their home is currently worth more than the mortgage. This data show that Mr. Obama’s mortgage-relief plan has been a dismal failure and has done exactly the opposite of what it was supposed to do as foreclosure rates keep rising around the country.
Most recently, Mr. Obama is seemingly enjoying flaunting his "superior" intellect in constant opposition to the will of the American people as he did on Obamacare. For a recent example, Rasmussen polls showed that 70% of voters favor strong sanctions against employers who hire illegal immigrants; 50% favor sanctions on landlords who provide housing for illegal immigrants; and 58% say a child born to an illegal immigrant in this country should NOT become a U.S. citizen automatically. Mr. Obama is deliberately NOT protecting our southern borders; has made five-weeks worth of nasty remarks about Arizona’s efforts to protect her own borders and now opposes an earlier Arizona law from his own Homeland Security Secretary Napolitano when she was Arizona governor imposing sanctions on employers who knowingly hire illegal aliens.

That law has already been tested** and passed muster by the most liberal federal court in the country, but Obama is now seeking to take it all the way to the U.S. Surpreme Court. Among Rajjpuut’s friends, 96% believe that Mr. Obama’s “Comprehensive Immigration “Reform” is just a euphemism for
making 13-20 million illegal aliens into virtually automatic U.S. citizens expecting 80% of them to vote Democrat and insure him his second term.
Despite actions, rhetoric and figures like those above and the most truly gruesome first fifteen months in office of any of our first forty-four presidents, Democrats in particular, find it difficult if not impossible to criticize Obama. Overall, 45% of voters say they at least somewhat approve of the president's performance. Fifty-four percent (54%) disapprove. The lowest presidential overall approval has been 42% so far. In Ol’ Rajjpuut’s eyes anything above 7% strong approval by 100% of the certifiable 7% of maniacs in this country means the nation is standing up to its neck in deep doggy-doo.
Ya’all live long, strong and ornery,
Rajjpuut
** It jives 100% as it should with the applicable 1986 federal immigration law. In fact, the federal law gives the right to license or remove licensing for companies due to immigration violations to the states and forbids the federal government from getting involved.
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OBAMA'S PLAN IS NOT WORKING

Yet, similar to how he won the election,his admirers and most important, he himself, are satisfied that usingrhetoric to exaggerate the extent of his successes will be enough toindoctrinate far too many of the voting citizenry with a belief insuccessful change.

The nation's unemployment rate as of February 2010, according to the Bureau of Labor Statistics, remains just under 10%.

This despite the promise that billions for a shovel ready jobs bill would bring it down below 8% within a year.

And they've added billions more to it while also tying every bill that comes before them as being a jobs creator.

The rhetoric and the reality do not match.

Then there was the trillion dollar purchase of mortgage backedsecurities...to save people's homes and ignite the home buying market.

For the past 12 consecutive months foreclosures have averaged over 300,000per month and sales of new homes in Feb. 2010 fell by 2.2% to an annualpace of only 308,000, the slowest rate of growth since records werefirst recorded in 1963.

The government's purchase of these securities is expected to end this month, the special $8,000 tax breakis due to end in April, mortgage rates are expected to rise, and withonly 170,000 mortgages restructured as part of this plan, they areapproimately 3.8 million restructured mortgage short of their goal.

The rhetoric and the reality do not match.

Then there's the transparency we were promised. Bloomberg News and Fox Newshad to file separate lawsuits, which a federal appeals court ruled onin their favor, to gain access to documents that show which banksreceived emergency short term lending from the the Federal Reserveafter obama's government denied their requests.

And now we have great rhetoric being hurled about on his healthcare "reform." We havethe line in the sand with Iran being continuously redrawn. We haveChina telling us no, Israel telling us no, and Russia making it looklike Carter is still President.

obama's track record leaves us with little hope.

While those that criticize him do so for the most part with remarkably little informed criticism, the rhetoric wins.

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