Thursday, October 27, 2011
You Are Donating To Obama's Campaign Fund
Hey Republicans, Conservatives and Independents! Whether you know it or not you are donating to Obama's Re-Election Campaign Fund. You may not be doing it willingly, but you are.
Obama has, in a last act of desperation, begun to show his true colors. Having failed miserably to resurrect the economy, thus losing the support of the center right American electorate, Obama has retreated to his true base; tit suckers and college students and is promising them more free taxpayer hand-outs to curry their favor.
During the past two weeks Obama has begun circumventing Congress, and democracy again by issuing "executive orders" to force banks to void contract law and re-finance home loans for folks who foolishly paid twice what their home was worth. Already deeply in the red, and bleeding tax payer money at $125 billion dollars per quarter, Fannie Mae and Freddie Mac are now prepared to absorb a few trillion dollars of toxic home loans. Obama, having made the housing slump longer and deeper through Dodd Frank legislation and an all out assault on the banks, must now try to revive housing by having the taxpayer pay for bad housing decisions. In effect, every taxpayer, regardless of political persuasion, is now funding Obama's catering to his political base.
This week begins the second round of "fundraising". Obama has just decreed that folks who took out a trillion dollars in student loans no longer have to make full payment. Beginning in 2012 student loan borrowers can now make only partial payments to reimburse taxpayers for these loans. Why? Because Obama's economic plans have been so horrible that college graduates no longer have jobs to go to after securing their "Bachelor of Arts in Ethnic Studies". No jobs equals no student loan payback. What should really anger all of you is that, when the Democrats controlled both houses of Congress they passed legislation that totally forgives student loans if they are not paid back within 25 years. Yesterday Obama shortened that period. Now, if they haven't paid back their student loans within 20 years, Obama says "that's okay; don't worry about it; we'll just forgive the loan. After all, it's not my money!"
So, be prepared for more federal give a ways as Obama's reelection campaign heats up. Obama can't win re-election based on his job performance so he has chosen to buy it...with your tax dollars!