Tuesday, August 24, 2010

Did Ayers & Obama use Annenberg $$$$ to sue lenders to force them to push mortgages that couldn't be paid back?

Can't you actually talk about issues, or do you insist on being like Sarah Palin and sidestepping them?Did Ayers %26amp; Obama use Annenberg $$$$ to sue lenders to force them to push mortgages that couldn't be paid back?
Yes, they did. But they will be paid back. YOU and I will pay them back, but at a large discount. WE will pay for the homes the ';poor'; will own. Then we will be the ';poor'; and we will hear no more about taxing the ';rich.'; We will all be ';poor.';





Some (not all) Democrats are saying judges should write down the amount of mortgages so the ';poor'; can afford to pay them. In other words, they will get to keep the asset (';their'; home), but at a reduced cost (';their'; loans). If that idea goes through, who is going to lend YOU money to buy a house?





If I sell you my house for $150,000 with nothing down, you own my former house and you owe me $150,000. But if a judge can write down the mortgage so you get to keep my house but you only have to pay me $100,000 for it, didn't I or the judge just GIVE you a $50,000 discount? That's what this welfare with a roof plan is all about.





This is insane!





Did Ayers %26amp; Obama use Annenberg $$$$ to sue lenders to force them to push mortgages that couldn't be paid back?
No. Annenberg Challenge was an EDUCATIONAL project. Hello?








Next.
Nobody forced lenders to make loans to people who could not pay them back.


That is a lie.
Obamas buddies at Acorn did, not sure about Anneberg.
No.

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