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Barack Obama is Brilliant Thread; HUH?
Topic Started: Mar 3 2011, 11:12 PM (16,451 Views)
kbp

Quote:
 
FEDERAL HOUSING FINANCE AGENCY

STATEMENT

Statement of FHFA Acting Director Edward J. DeMarco Regarding Implementation of Guarantee Fee Increase

“On Dec. 23, 2011, President Obama signed into law the Temporary Payroll Tax Cut Continuation Act of 2011. Among its provisions, this new law directs the Federal Housing Finance Agency (FHFA) to increase guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises) by no less than 10 basis points from the average guarantee fees charged by these companies in 2011 on single-family mortgage-backed securities.

This requirement is effective immediately, meaning that the average guarantee fees charged in 2012 need be at least 10 basis points greater than the average guarantee fees charged in 2011 and that this increase be remitted to the U.S. Treasury, rather than retained as reserves by the Enterprises. The law also requires FHFA to determine a schedule for guarantee fee increases over a two-year period that must satisfy other requirements of the law.

To begin implementation of these requirements, today I am directing Fannie Mae and Freddie Mac to announce before year-end to their seller-servicers that, effective April 1, 2012, the guarantee fee on all single-family residential mortgages shall increase by 10 basis points.

In early 2012, FHFA will further analyze whether additional guarantee fee increases are appropriate to ensure the new requirements are being met. FHFA will announce plans for further guarantee fee increases or other fee adjustments that will then be implemented gradually over the two-year implementation window, taking into consideration risk levels and conditions in financial markets. FHFA will monitor closely the increased guarantee fees
imposed as a result of the new law throughout its effective period, which ends Oct. 1, 2021.”


That's lots of billions for them to pay for by 2021.

We have the program set up to help banks maintain liquidity in order, to better assist the lower income purchase homes, now charging the lower income applicants so that we can pay back what we took from the retirement program established to help the lower income folks.

I'm dizzy trying to figure this one out ...especially considering the fact that there has been so much talk about eliminating or replacing Fannie & Freddie!
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Mason
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Parts unknown
.
I read today where Fannie or Freddie said that historically-low Interest rates aren't helping.

Even that is not enough - the opinion stated.

Wonder if they're hinting for more giveaways and sweetners?


.
Edited by Mason, Dec 29 2011, 03:27 PM.
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kbp

You need income to qualify ..and their "subprime" program is out the window.
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kbp

Quote:
 
Obama: EPA Regulations Create Jobs; 'EPA Touches on the Lives of Every Single American Every Single Day'

snip

"We can make sure that we are doing right by our environment and, in fact, putting people back to work all across America,” Obama told the federal workers.

“When we put in place new common-sense rules to reduce air pollution, we create new jobs building and installing all sorts of pollution-control technology,” Obama said.

snip


Never mind the fact that costs for enforcement of and adherence to the regulations are embedded in the prices, reducing production.
Edited by kbp, Jan 13 2012, 03:10 PM.
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kbp

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Chamber of Commerce to Obama: You ‘Missed the Biggest In-Sourcing Opportunity’ --Keystone Pipeline

While President Barack Obama has been touting the importance of “insourcing” jobs into the United States (as opposed to outsourcing jobs overseas), the U.S. Chamber of Commerce reminded America on Thursday that Obama recently rejected one of the most prominent and beneficial insourced opportunities: the Keystone XL pipeline, which would carry tar sand oil through middle America to refineries on the Gulf Coast and create at least 20,000 jobs

snip

On Wednesday, Obama held a meeting at the White House with business leaders to announce his plan about insourcing.

“In the next few weeks, I will put forward new tax proposals that reward companies that choose to bring jobs home and invest in America – and eliminate tax breaks for companies that move jobs overseas,” Obama said. “Because there is opportunity to be had, right here.

“There are workers ready to work, right now,” he said.

snip


The Chamber of Commerce is behind the times. The pipeline was yesterdays news, in-sourcing is the fresh topic!

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kbp

Quote:
 
Obama Defends Roe v. Wade As Way for ‘Our Daughters’ to Have Same Chance As Sons to ‘Fulfill Their Dreams’

President Barack Obama says the 39th anniversary of Roe v. Wade is the chance to recognize the “fundamental constitutional right” to abortion and to “continue our efforts to ensure that our daughters have the same rights, freedoms, and opportunities as our sons to fulfill their dreams.”

snip


Tossing aside the pro & cons regarding abortion, figure that one out!

They both must be involved if a child is given up for adoption, so that seems like the "same rights".

A guy has the choice, I guess, to just walk away and ignore a pregnancy ....which he has to pay for or have it held as a judgment against him.

The gal evidently has to carry the child, if she will not have an abortion. That's nature, so no law will change that and provide the "same rights" there.

The choice for abortion, so she may have some sort of "same rights, can be made by ONLY the female ...if she so chooses.

The only part of the equation that involves "same rights" that I can think of is giving the child up for adoption.

WTH am I missing here, Barry? Are the "same rights" related to not having to carry the child in a pregnancy?
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LTC8K6
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Assistant to The Devil Himself
http://www.powerlineblog.com/archives/2012/01/obamas-government-vs-your-family.php
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Baldo
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The truly dismal state of the union

ANALYSIS/OPINION:

There is one person — one American among the 300 million of us — who is not to blame for the state of the union. Everyone else, each of you, in some small or large way, bears some share of the blame, but not this guy. Not one little bit.

This guy is Barack Obama. He is not the least bit to blame for the dismal state of the U.S. economy. George W. Bush is, for sure, and that evil Dick Cheney, oh, no doubt. House Speaker John A. Boehner — evil, too — is, of course, to blame. But guess what? So is Senate Majority Leader Harry Reid, House Democratic Leader Nancy Pelosi, and every Democrat in the House and Senate.

Now, President Truman made it very clear: The buck stops with him. No passing the buck for that guy. But Mr. Obama blames everyone but himself. Mr. Bush, he says, left the nation in a ditch, a deep ditch, and he’s been digging out since he took office. And Congress? Those guys are just plain awful, he says. So mean. Wah, they won’t do anything I want done! Mr. Obama feels so sure about it that he’s basing his re-election campaign on bashing Capitol Hill.

But with the president delivering his State of the Union speech to Congress Tuesday night, let’s pause here to take as hard look at the real state of America, by the numbers, using only cold, hard facts.

The unemployment rate when Mr. Obama was elected was 6.8 percent; today it is 8.5 percent — at least that’s the official number. In reality, the Financial Times writes, “if the same number of people were seeking work today as in 2007, the jobless rate would be 11 percent.”

In addition, there are now fewer payroll jobs in America than there were in 2000 — 12 years ago — and now, 40 percent of those jobs are considered “low paying,” up 10 percent from when President Reagan took office. The number of self-employed has dropped 2 million to 14.5 million in just six years.

Regular gasoline per gallon cost $1.68 in January 2009. Today, it’s $3.39 — that’s a 102 percent increase in just three years. (By the way, if you’re keeping score at home, gas was $1.40 a gallon when George W. Bush took office in 2001, $1.68 when he left office — a 20 percent increase.)

Electricity bills have also skyrocketed, with households now paying a record $1,420 annually on average, up some $300....snipped

http://www.washingtontimes.com/news/2012/jan/22/curl-the-truly-dismal-state-of-the-union/?page=all#pagebreak


The "...smartest president ever..?"
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kbp

Obama wants small-business bill this year



Almost reads like Barry is a conservative ...wait, it was a conservative idea!


ADD: A second thought to consider here. When does a liberal use tax cuts for business incentives not focused on any isolated industry they wish to promote?

If there is an answer, it must be election year in a bad economy.
Edited by kbp, Jan 31 2012, 08:36 PM.
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kbp

Quote:
 
Obama Says Congress Should Take Lesson From the U.S. Military

Jan. 28 (Bloomberg) -- President Barack Obama said members of Congress are blocking his nominations for political gain and tangling Washington in “gridlock” instead of dealing with important issues.

In his weekly radio and Internet address released today, Obama said lawmakers should look to the “incredible example” set by the U.S. military and work together to achieve the goals outlined in his annual State of the Union remarks on Jan. 24, which included increasing U.S. manufacturing, creating jobs in clean energy and supporting domestic oil production.

Members of the military “focus on the mission at hand” and are “not consumed with personal ambition,” Obama said, repeating a theme from his State of the Union speech.

snip


That seems rather ironic coming from the mouth of the military Commander In Chief. Is it not him bragging FOR "personal ambition" there?

...of course Bloomberg has to help him along with that narrative.
Edited by kbp, Feb 1 2012, 10:00 AM.
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LTC8K6
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Assistant to The Devil Himself
When he sat in a Mustang to brag about the auto industry bailout, I wanted to both punch the TV and throw up...
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DMom

(received this as email, NO SOURCE GIVEN) I have NO idea if this is true.
--------------------------------------------------------------------------------

The Plot Thickens



An intensive investigation has revealed the identity of the man whose Social Security number (SSN) is being used by President Obama: Jean Paul Ludwig, who was born in France in 1890, immigrated to the United States in 1924, and was assigned SSN 042-68-4425 (Obama's current SSN) on or about March 1977.


Ludwig lived most of his adult life in Connecticut .. Because of that, his SSN begins with the digits 042, which are among only a select few reserved for Connecticut residents.


Obama never lived or worked in that state! Therefore, there is no reason on earth for his SSN to start with the digits 042. None whatsoever!

Now comes the best part! Ludwig spent the final months of his life in Hawaii, where he died.


Conveniently, Obama's grandmother, Madelyn Payne Dunham, worked part-time in the Probate Office in the Honolulu Hawaii Courthouse, and therefore had access to the SSNs of deceased individuals.


The Social Security Administration was never informed of Ludwig's death, and because he never received Social Security benefits there were no benefits to stop and therefore, no questions were ever raised


The suspicion, of course, is that Dunham, knowing her grandson was not a U.S. Citizen, either because he was born in Kenya or became a citizen of Indonesia upon his adoption by Lolo Soetoro simply scoured the probate records until she found someone who died who was not receiving Social Security benefits, and selected Mr Ludwigs Connecticut SSN for Obama
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kbp

DMom
Feb 1 2012, 11:12 AM
(received this as email, NO SOURCE GIVEN) I have NO idea if this is true.
--------------------------------------------------------------------------------

The Plot Thickens



An intensive investigation has revealed the identity of the man whose Social Security number (SSN) is being used by President Obama: Jean Paul Ludwig, who was born in France in 1890, immigrated to the United States in 1924, and was assigned SSN 042-68-4425 (Obama's current SSN) on or about March 1977.


Ludwig lived most of his adult life in Connecticut .. Because of that, his SSN begins with the digits 042, which are among only a select few reserved for Connecticut residents.


Obama never lived or worked in that state! Therefore, there is no reason on earth for his SSN to start with the digits 042. None whatsoever!

Now comes the best part! Ludwig spent the final months of his life in Hawaii, where he died.


Conveniently, Obama's grandmother, Madelyn Payne Dunham, worked part-time in the Probate Office in the Honolulu Hawaii Courthouse, and therefore had access to the SSNs of deceased individuals.


The Social Security Administration was never informed of Ludwig's death, and because he never received Social Security benefits there were no benefits to stop and therefore, no questions were ever raised


The suspicion, of course, is that Dunham, knowing her grandson was not a U.S. Citizen, either because he was born in Kenya or became a citizen of Indonesia upon his adoption by Lolo Soetoro simply scoured the probate records until she found someone who died who was not receiving Social Security benefits, and selected Mr Ludwigs Connecticut SSN for Obama
The SS# issue was presented to the court in Georgia. Most all above is accuate regarding Barry using that number. I had never read about the history of the guy alleged to have had the SS# before Barry.

Here is a pdf on the exhibits presented in the Georgia case. I happened to have left the window open all night!
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Kerri P.
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More Money, More Money, More Money

http://news.yahoo.com/obama-call-5-10-billion-refinance-plan-150153195.html
Obama calls for $5-10 billion for home refinancing
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Baldo
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'Islamist Firster' president not what he claimed

ANALYSIS/OPINION:

GOLAN HEIGHTS - Surveying the live minefields, cratered roads and mortar-pocked concrete buildings along the border here between Syria and Israel, it is hard not to be reminded of the historic and monumental disappointment President Obama has been.

When he was campaigning to become the most powerful man in the last standing superpower on Earth, he spoke passionately about changing the world, restoring America's greatness and bringing more peace and fairness to everyone.

In both foreign and domestic matters, Mr. Obama had unique credibility to change things as few presidents ever had.

Despite his background as a liberal street organizer, he campaigned on tax cuts and personal responsibility and preached that the government simply cannot be the answer to every problem. Republicans would have no choice but to go along with an agenda to shrink the tax burden and get the federal government out of our everyday lives.

Instead, Mr. Obama has devoted his administration to raising taxes, adding to the byzantine structure of the federal government, and has created a whole new massive bureaucracy he claims really will cure our every little boo-boo.

As for the rest of the world, Mr. Obama promised to devote himself to healing the grave injustices and halting the atrocities that have afflicted the world since the rise of radical, violent jihadism. With his Muslim roots, Mr. Obama was positioned better than any leader on the global stage to speak with authority to radical Islamists and finally bring about permanent peace.

Instead, Mr. Obama chose to unilaterally alienate perhaps our most strategically important ally in the world and do all he can to cozy up to the very people who are dedicated to destroying not only Israel, but America as well.

Leading Democrats have been in the news lately sliming Americans who stick up for Israel as being "Israel Firsters." Well, Mr. Obama has become an "Islamist Firster."

Since becoming president, he has not once visited our greatest ally in the region. Rather, he has gone to places like Cairo to tell the Muslim world how much he likes it. He also stunningly trashed the oath of office he took by saying it is "part of my responsibility as president of the United States to fight against negative stereotypes of Islam wherever they appear."

And, of course, he apologized for the "sexuality" and "mindless violence" from the West permeating the Internet. But Internet porn and creepy videos are little match for virginity tests, stoning women and beheading Jews - all for the fun of it.

When Mr. Obama finally addressed Israel, he shockingly said the tiny country should further retrench so its well-armed enemies can retake high ground from which to fire rockets at Israelis and move closer so they can hit major population centers such as Tel Aviv.

Such a twisted and half-baked view of justice is bad enough in a president. But things are about to get much more terrifying when Iran finally gets its hands on a nuclear warhead, which appears likely to happen in a matter of months.

It will be a very complicated situation because the most powerful man in the last remaining superpower on the planet is an Islamist Firster.

http://www.washingtontimes.com/news/2012/jan/31/hurt-islamist-firster-president-not-what-he-claime/


Charles Hurt is political columnist for The Washington Times. Prior to joining The Times, he was The New York Post's D.C. Bureau Chief and news columnist covering the White House for five years. While at The Post, he covered the presidential campaigns of Hillary Rodham Clinton, Rudy Giuliani and Barack Obama. He traveled extensively with the campaigns during the long 2008 Democratic Primary, the general election and covered both Democratic and Republican conventions.

A native of Chatham, Va., Hurt began newspapering with short stints during college at the Danville Register & Bee, the Richmond Times-Dispatch and the St. Louis Post-Dispatch. His first full-time job was on the city desk of the Detroit News, covering the city's collapsing public school system, corrupt city politics and disfunctional fire department.

Since 2001, he has covered national politics from Washington. Before joining the Post, Hurt followed the 2004 presidential campaign and covered congress for the Washington Times.
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