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Feb. 9, 2012 - Rush Limbaugh Program
36:00
February 9, 2012, Thursday, Hour #2
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Hi, how are you?
Views expressed by the host on this program.
Documented to be almost always right, 99.7% of the time.
We are in Los Angeles all week long here at the EIB network.
Great to have you with us as always.
A lot to do here today.
Speaking fast, you have to listen fast.
Telephone number 800-282-2882.
This free cell phone and minutes program.
It's called SafeLink.
This is the program just told you about $1.6 billion totally from taxpayers and your phone bills to pay for 12 and a half million Americans to have free cell phones and free sell usage of 250 minutes a month.
And this, for those of you watching on the ditto cam, this is one of the advertising techniques.
You can find this on websites.
They buy space and magazines and so forth.
And this is one of the many ways in which you can apply the SafeLink website, how to qualify.
You already participate in other state or federal assistance programs, such as federal public housing, is if you qualify, then you're qualified if you're if you're in some other assistance program.
Or your total household income is at or below 135% of the poverty guidelines set by your state and/or the federal government.
Sounds to me like they're trying to trick poor people into getting free phones here.
Just like they tricked people into getting mortgages.
This is a trick.
They're tricking people into getting free phones.
And if you refer a friend to the program, they are advertising this and they are trying to expand this.
You know, the point of government assistance ought to be to remove people from it.
But with the Democrat Party and Obama, the objective is to increase the number of people.
And they use you, or not you, obviously, but they use other people who are dependent to recruit others.
And in the cell phone program, you can get an additional free 100 minutes if you recommend a friend.
That's right.
And it says plain plain as day here.
Exclamation point.
No bills, no contracts, no credit checks, no hidden fees.
Don't worry.
You can't go over, you can't go over your free minutes.
You can purchase more if you need them.
And you can get 100 free minutes by recommending a friend to the program.
1.6 billion up from 772 million in since 2008.
SafeLink is one of these uh free lifeline providers, but they're the biggest, in fact.
Uh, and if you get food stamps, you can get a free cell phone.
If you get food and 40, what is it, 48, 49 million Americans are on food stamps.
This is a food stamp president, as Newt properly says, you qualify for a free cell phone.
And an extra 100 SafeLink bonus minutes will be sent to your phone on your next monthly delivery for each friend who gets qualified for lifeline services.
Your friends who get qualified for lifeline services receive 30 bonus minutes on their monthly delivery too.
And I've I got a note during the break.
Oh, yeah, Rush, this program, you're acting like you just now heard of.
I did just now hear about it.
I heard about in Time Magazine.
Oh, Rush.
This program's been along and been around forever.
In fact, the people who have these phones call them Obama phones.
I'm not surprised.
They call them Obama phones.
Let's go to the audio sound bites.
Obama, about a half hour ago, went to the cameras and microphones for a victory lap after his latest bank shakedown.
This is the new foreclosure plan.
And I spent a lot of time in the first hour on this.
But now we've got Obama adding to it.
This is the $25 billion shakedown of the banks.
$25 billion the banks are going to have to pay as a penalty for tricking people into taking mortgages they couldn't afford.
And theoretically, the $25 billion is going to be spread around to all these poor people who got screwed, who were tricked.
Up to $20,000 a person.
So here's Obama talking about the federal housing settlement.
We have uh see, one, two, three sound bites, the first one is now.
Millions of Americans who did the right thing and the responsible thing.
Shopped for a house, secured a mortgage that they could afford, made their payments on time, were nevertheless hurt badly by the irresponsible actions of others.
Stop the tape.
Stop the tape, stop the set of millions of Americans who did the right thing were nevertheless hurt badly by the irresponsible actions of others.
Now, normally in the real world, that would be a setup for the irresponsible citizens who took advantage of a program that they didn't need.
But no, that's not who he's talking about.
The irresponsible actions of others.
Here is who he's talking about.
Lenders who sold loans to people who couldn't afford them, by buyers who knew they couldn't afford them, by speculators who were looking to make a quick buck, by banks that took risky mortgages, packaged them up, and traded them off for large profits.
It was wrong, and it cost more than four million families their homes to foreclosure.
That's right.
They were tricked.
These poor schlubs, they were tricked into this.
But now Obama's getting even with the tricksters.
Obama getting even with these evil bankers, the lenders who sold loans to people that couldn't afford them.
This, I can't tell you how big a lie all of this is.
All of this is a lie.
No, some of this stuff happened, but the reason for it is a total total lie.
The banks did take risky mortgages and package them up and traded them off, sold them to other unsuspecting dupes until there weren't any unsuspecting dupes left.
And then it was bye-bye Lehman brothers and hello bailouts.
And that's exactly what happened.
The banks were told to lend money people couldn't afford them.
They did, under federal duress.
There was no income stream on these mortgages because people couldn't pay them back.
They never qualified.
They never were going to be able to pay them back.
So worthless mortgages with no income stream were packaged up and sold.
Mortgage-backed securities.
Yes, a brand new financial product.
And they were sold to unsuspecting to look at the income stream from all of these mortgages.
And their eyes got big and they saw a monthly income stream out the Wazoo until they found out nobody's making payments on their mortgages.
They couldn't afford them.
They had no money.
So the second dupe's found a new way to package the mortgages for a third set of dupees, and they kept going and kept going until there weren't any people left to dupe.
And then it was time to bail everybody out for this.
The people who did the right thing are the people who are going to pay for the people who did the wrong thing.
The people who did the right thing got a mortgage, make the payments.
You are the ones paying for the people who did the wrong thing.
The banks bundled these mortgages, try to protect themselves.
They were forced to make these transactions.
They knew they were shaky.
They were trying to share the risk.
I don't know.
Did Clinton and Obama just expect the banks to go under?
Expect them just absorb all of this as the definition of affordable housing and social justice.
Here's the second Obama soundbite as he takes his victory lap here.
These banks will put billions of dollars towards relief for families across the nation.
They'll provide refinancing for borrowers that are stuck in high interest rate mortgages.
They'll reduce loans for families who own more on their homes than they're worth.
and they will deliver some measure of justice for families that have already been victims of abusive practices.
I just want to throw up.
Justice.
A measure of justice for families that have already been victims of abusive.
Yep.
They're walking down the street, minding their own business.
Look across the way, they see a pretty woman.
Think of Roy Orbison's song.
They got their mind occupied, and here comes a banker out the front door.
I'm tricking you into taking out a mortgage on a house.
They go, Oh, really?
I have no yet, you gotta get your butt in here, and I'm gonna make you sign a piece of you're gonna buy a house today.
Really?
Yep.
And you don't even have to have the money to afford it.
And if you don't do this, they're gonna put me in jail.
So get your butt in here and sign a paper and go deal with your house.
And that's the definition of trickery.
And that is what they want us to believe happened.
Innocent people thinking of Roy Orbison songs, walking down the street, getting roped into a bank by a banker afraid of going to jails, making them sign a mortgage that they couldn't afford.
Now, how many of you know anybody to whom that happened?
And throw the Roy Orbison stuff out of the equation.
He's walking down the street and the banker comes out the front door and says, get in here.
I'm loaning you some money to buy a house.
This does not happen.
Here's the final Obama bite.
No measure of justice is enough to make it right for a family who's had their piece of the American dream wrongly taken from them.
And no action, no matter how meaningful, is gonna by itself entirely heal the housing market.
Well, of course not.
But this settlement is a start.
Yes.
We're gonna make sure that the banks live up to their end of the bargain.
Yeah.
If they don't, we've set up an independent inspector, a model that has the power to make sure they pay exactly what they agreed to pay plus a penalty.
Oh if they fail to act in accordance with this agreement.
Oh, wow, another czar, a commissar, a bank commissar czar who's gonna enforce the settlement, who's gonna breathe breathing down the backs of these bankers, and making sure they don't screw people all over again.
Yep.
Our wonderful boy President Barack Obama on the case, making sure you don't get screwed twice by a predatory banker.
That's right, Obama has just announced a shakedown czar.
This czar is a shakedown czar.
He's gonna be shaking down the banks for this money and more.
And you know he'd be really qualified for this is the uh uh Reverend Jackson who has made a career out of shaking down people.
What a great guy to be the shakedown czar.
And it might help shore up the uh African American vote for Obama.
Not that he needs it, but it certainly uh certainly couldn't hurt.
Some Catholic Democrats are bailing an Obama, um Tim Cain, former DNC chairman running for Senate in Virginia, Bob Casey, Senator from Pennsylvania, House Democrat caucus chairman John Larson.
Um those are some of the defectors from Obama on the mandate to religious institutions to provide contraception, abortion, and so forth uh that they don't believe in and they have to pay for.
In addition to that, uh, let's see, what Timothy Dolan, uh Cardinal Dolan, Bishop in New York, and initial supporter of Obama's.
He's upset about it.
Rick Warren says he's ready to go to jail over all of this.
Uh I I'll tell I don't know.
I really don't know if the regime understood the kind of blowback.
There's a Washington examiner story by Paul Bedard here.
Birth control fight threatens Democrats.
And uh one of uh one of Obama's advisors, this is not a passing problem for Obama and House and Senate Democrats.
This is a permanent problem that everyone the Democrat ballot is going to have to answer for.
Now, Obama won the Catholic vote in 2008 over McCain, 54 to 45%.
And if they're gonna write off the Catholic vote now, as a result of this, and I don't know that that's what their intent is, but I um I I contrary to the story we had yesterday that the majority of Americans don't care about and a majority of Catholics, that just flat out bogus.
This this is continuing to percolate out there.
It is much bigger than the regime ever planned.
All right, let's go to the phones.
I got lots to do.
We're gonna get some phone calls in at the same time.
We'll start in Collinsville, Connecticut with Melissa.
I'm glad you waited, and welcome to the program.
Thank you, Rice.
It's such a pleasure to talk to you, so thanks for taking my call.
You bet.
I had to call in about This whole foreclosure matter because this is my business.
I own what is called a loss mitigation company.
And my company negotiates short sales for homeowners who are in some stage of foreclosure.
Okay, hang on just a second.
I need you to slow down a little bit so I can hear you, and I want you to explain for people that don't know what when you negotiate a short sale for homeowners who are in some state of foreclosure, what does that mean?
You mean you're negotiating a sale where the price is less than what they paid for it?
Exactly.
Yep, I've got a homeowner who was more on their mortgage or mortgages, because oftentimes these days there's more than one on the property, and they can't sell their house for enough to pay off the loans.
And I go in and negotiate with their banks for how that loss is going to be handled.
So just general numbers, let's say that they have a hundred thousand dollars in loans on their property, they can only sell the house for eighty thousand dollars.
So my job is to go in and negotiate with the bank for that twenty thousand dollar difference to either write it off, take the loss, let it go, or come up with some kind of an equitable arrangement with a homeowner to repay that difference.
How often does that happen?
That last option, and how often is there a negotiation where the homeowner will pay something toward the difference.
Well, more and more these days, I I mean I should say that I've been in this business for almost a decade now.
So I've seen a lot of changes in the housing market, and I've seen a lot of change in the economy, and I see the large shift in the attitude of my clients, the homeowners, and what their level of responsibility should be here.
So tell us what that is.
Well, what is the shift?
I have to tell you that over the past couple of years, and I don't think it's a coincidence that it has really come in, been ushered in with Obama being elected.
I have a lot of clients these days that really feel that they should have no responsibility towards their mortgage.
And I was afraid you were going to say that.
I somehow knew you were going to say that.
It all fits with this mode of dependency that we've been talking about today, this sense of entitlement.
It is a big sense of entitlement.
I get the classic.
The bank is getting a bailout, where's my bailout?
Um, you know, the banks are making money, I should be let go of my mortgage.
And I get the classic.
I was tricked into buying this house.
I was tricked by the loan officer.
I'm getting that more and more.
Did you d have you ever asked them what that means they were tricked into buying the house?
I do, and I have to be very careful because obviously I'm a conservative, so I've learned as a business owner not to get into political discussions with my clients, but I do have to ask them.
Now you go to closing, you sit down at an attorney's office or at a title company, you sign documents to purchase a house, you're doing it in front of a notary public.
Are you not reading what you're signing?
That's not what I mean.
I'm talking about before they even get the closing.
Like I was once tricked into buying a house with bad advice.
I was told it would be the best investment I ever made.
And it was but just friends of mine.
You know, they said you're throwing money away renting.
You've got to go buy a house.
And and okay, well, so I applied and got a loan, you know, a mortgage and so forth.
Turns out I couldn't end up affording it.
I had to get out of it.
The bank didn't trick me.
I qualified barely.
I got tricked by conventional wisdom by well-meaning friends.
What but what Obama's talking about is that somebody's minding their own business, and a banker comes along and says, you know what?
You need to buy a house.
I'm here to make you a loan.
Uh, and even though you can't afford it, don't worry, you're never going to pay it, and then they find out they are going to get bills.
That's what Obama is trying to claim happened here.
Do you know anybody who was minding their own business, had no desire to buy a house, and got tricked into buying one?
Never.
I've never.
And I've I've done personally over a thousand of these short sales in my career, and I've never seen somebody held a gunpoint, arm twisted behind their backs, and forced to buy a house.
Right.
Now, closing, you know, the terms of the deal, any all kinds of chicanery can happen there.
I wouldn't even call it and that might qualify as trickery, but Obama is trying to say that people who had no business being given loans were given loans.
They were tricked.
And I just have never heard I've never heard anybody that I know who had a mortgage ever say they were tricked into applying for one, getting one, buying a house, or whatever.
I think the really sad thing too is that that attitude, and people listen to the media, they listen to the radio, they read the newspaper, and now I have clients who are just your average wet of the mill, middle class, hardworking homeowner, they're adopting these strategies.
They're asking for, you know, where's my bailout?
They're they're telling me that, you know, Chase Bank made a profit last quarter, so therefore they should eat the loss on my loan.
I mean, they're grabbing little sound bites and adopting this attitude.
And I find it really sad because it really has just jumped exponentially in the past couple of years.
Well, I don't know.
It's it's I'm sure you're right, and I'm I'm um I'm not surprised.
More and more people.
What when people who are paying their mortgages, and at the time of the subprime mortgage crisis, by the way, despite the tenor of reporting and the crisis attached to it, the vast majority is well over 92 or 93% of the people were paying their mortgages.
And then those people began to learn that there was this whole program out there for people who couldn't pay their mortgages, who were given mortgages, who were put in these houses all because it was affordable housing, and they learned later it was called a subprime uh mortgage crisis or what have you.
The people who have been paying are now the ones that wait a second here.
I'm the one paying, I'm the one meeting my responsibilities.
I'm the one following through on my commitment.
Other people out there who aren't, and I gotta pay for them too.
And I have to still keep paying for mine.
So I can understand the thinking of some people who might want to rebel.
Well, look at if these people aren't going to pay, why should I?
What what what?
Why are they protected?
Why are they privileged?
Why, why are why are they special?
Just because they have less money than I do, why do they not have to pay for their more house?
And so I'm just gonna pay anymore.
You know, make them come take the house away.
And I know that some people walked away.
Based on that entirely.
We'll be back.
Sit tight.
Ladies and gentlemen, I just had a memory flash.
I just remembered, I spent some time here checking it out.
Obama himself.
Uh Obama, his own self, has been saying for years that he knows people who were tricked into buying a mortgage.
He had a uh speech July 29th, 2008, before the National Association of Latino elected and appointed officials conference.
Really?
I know that uh no, not making it up, snurdly, the National Association of Latino elected and appointed officials.
July 29, 2008, this in the midst of the presidential campaign.
And Obama's out there saying for eight long years, Washington has not been working for ordinary Americans and for hardworking Latino Americans.
Few have been hit harder than Latino Americans and African Americans.
You know what I'm talking about?
You know the people like the couple I met in Vegas who were tricked into buying a house they couldn't afford, and they are at risk of facing foreclosure.
And then one of his stump speeches before the AFL CIO, April 2, 2008.
He said, You know the people like the couple I met in Las Vegas who were tricked into buying a house they couldn't afford, they are at risk of facing foreclosure.
And he says, think about it.
The top mortgage lenders spend 185 billion dollars or million dollars lobbying Congress.
We wonder why Washington looked the other way when they were tricking families into buying homes that could this is outrageous.
He actually said that.
We wonder why Washington looked the other way when they were tricking families into buying homes they couldn't afford.
This is a total rewrite of history.
This is a total fabricated, made-up 150% lie.
Washington looked the other way when they were tricking families.
And another stump speech.
Um he talks about this couple in Las Vegas that he knew.
So apparently, Obama knows two people that were tricked into getting a mortgage they couldn't afford.
Two people.
Never named them.
I'm sure he could produce them.
And I'm sure they'd have a biggest Sob story you've ever heard.
Probably lost all their pets.
The movers came and took away every family heirloom.
I can imagine this sob story.
But it's a total lie.
Washington didn't look the other way when they were tricking families into buying.
Washington was making the banks loan the money.
And Obama knows it.
Ladies and gentlemen.
A follow-up to a story we had yesterday.
It was the uh life site news.com story about Romney as governor of Massachusetts in 2005 and a piece of legislation that required as uh matter of course that religious institutions violate their moral principles and make contraception and birth control,
other birth control measures available to people against their wishes, meaning a religious institution was forced.
I mean, it sounded like right out of Obamacare.
And there was some confusion yesterday as to whether or not Romney fought that or caved in on it.
Rather Romney was involved in it.
There venture Terry Jeffrey had a piece.
Santorum has attempted to link Romney care and Obamacare in the same way.
There are people out there saying, hey, you know, Romney care did the same thing.
In Massachusetts, same thing happened.
Catholic churches and other religious institutions, just like in Obamacare, were forced against their will to provide free of charge contraception and abortion services.
Well, here's Greg Sargent, the plubline, that's a blog of the Washington Post.
White House gives Romney a social issues death hug is the headline.
And this piece, Sergeant's in the tank for Obama, is uh a piece on Obama's strategy in all this.
And like Romney care, Obama says his contraception policy, just like Massachusetts's when Romney was governor.
I'm telling you, uh Obama is going to use this.
He's going to use Obamacare and Romney care being identical as uh as a way to denude Romney if he's a nominee, a way to denude the entire health care issue.
I can just see it in the debate.
I know what, I know what Obama's gonna do.
Well, why do you want to get rid of my health care plan when it's exactly like yours?
That you continue to tout.
I can hear how this is gonna happen.
And then Obama's gonna cite specifics like this um uh ban or this mandate on Catholic schools, for example, and hospitals that they make abortion services available.
Obama's gonna say you did the same thing in Massachusetts.
And Greg Sargent's got it right here in his peace.
There is no question whatsoever Obama's gonna.
It doesn't matter whether it's accurate or not.
All he's got to do is make the allegation.
And you said it yesterday?
Jay Carney, Jay Carney.
Yeah, you're the you're confusing him with the John Kerry who served in Vietnam.
Okay, so Jay Carney already said it, so it's already part of Strat.
Oh, well, Romney did this.
I don't know what Romney's so upset about.
Romney did the same thing in Massachusetts when he was governor.
You know that you know that this is coming.
I don't care where you look.
Uh Obama trying to say that banks tricked people here.
Other people trying to trick you into giving away important information, would allow them to steal your identity and your money.
I mean, everybody's out for every if you have any money at all, you're a target.
Either identity thieves or Obama.
And you have to be protected.
Life lock ultimate, simply the best there is for that purpose.
Here is Ted in East Greenwich and Rhode Island.
Great to have you on the EIB network.
Teddy.
Happy to be here.
I'm one of these people that they uh try to give a bad mortgage to.
You got tricked?
Well, no.
What happened is I went to see a house and I was southern California.
I told the dildo, I don't think I can afford it.
He had me see his uh mortgage lender when I got there.
They worked out the numbers.
They told me just fill in the personal data.
Don't worry about the salary section, they'll fill it in for me.
I went home.
I looked at what the payments would be.
I realized it was impossible.
I asked my kids, hey, do you want us to buy this house?
Or do you want money for food?
I could vote for the food.
And I don't blame them.
Kids are kids are smart that way.
No, but you did I did I hear you right?
You don't you don't consider this an example of you being tricked into this?
Well, you know, they tried to give me a loan I couldn't afford, but the thing is individual responsibility.
But you were in the market for a house in the first place.
Yes.
I was in the market for a house.
Right.
I went in for a beautiful house.
Not sure I could afford it.
Okay, look.
This is mortgage line.
See, I I'm probably going to incur some, and I appreciate your story.
I I'm probably going to incur the wrath of some people here.
I'm not saying that people that want to sell you something don't try to fool you one thing.
You go buy a car, they're always going to try to get you to buy one more expensive and you go in for.
But that's you know that.
That's not trickery.
That's the sales technique.
At some point, people have to be responsible here.
Like this guy's kids ended up being responsible.
So they want to eat.
What's good as a nice house if they can't eat?
I know you go into I one of the best sales pitches I ever heard.
Shortly after I got to Sacramento.
Uh the car I arrived in was falling apart.
It was a it was a pottiac something or other.
I I don't remember what kind of four-door family sedan.
It wasn't it wasn't a a Le Mans or a GTO.
It was falling apart.
So I got out there and the radio station goes see X. And they had a they had a dealer, spent a lot of advertising money on the radio station.
This is the greatest guy.
You've never met.
That's the most solid on I Rush, you have never met.
And it was a salesman at the radio station telling me this.
And I I didn't know enough to know that this guy was getting a bird dog.
You know, if if I go buy a car from this guy on his recommendation, he's gonna get a kickback.
I'm a naive dunce.
I didn't know that.
I thought they were being honest.
Okay, guys, he's the greatest guy.
You go out there, whatever you want, here's gonna make you a deal.
You tell him I said, okay, fine.
So go out there.
And they tried to push me into uh uh I forget what it was, but there was a car on the lot that I really wanted.
It was cheaper than what they were trying to sell me.
And they said, Nah, you don't want that guy.
That's not that's uh uh you're not gonna look good in that car.
Get in and sit in there.
Let me take a picture.
You're not gonna look good in that car.
I said, You're gonna be kidding.
No, I want to show you that you're gonna look better in this car.
Well, I went round and round and round, and finally the guy said, Look, you know what the problem with the car you want is it doesn't leave you any room for growth.
You go, you you you drive that car, and you're telling people that's all you're ever gonna have.
You need to figure that you're gonna get a raise in a year or two and buy a car you could afford then.
And I said, uh do you think that's true for uh I said, you think that I'm gonna get a raise in a year or two?
Oh, yeah, everybody, you're gonna get a raise, you're gonna get here, and and and always buy more than you can afford because it'll be an inspiration and a motivator to work hard to make sure that that was his sales pitch.
Now, was that trickery?
I needed a car, I was out there to buy a car.
They tried all kinds of things to tell me that I shouldn't buy the one I wanted because it wasn't as expensive, but I don't consider that trickery.
Now, Obama might.
Now, I guess if you were a socialist utopian, the automobile experience, uh buying experience would be this.
You want a car, you go to the dealer, you say I want that one, and they give it to you.
I bought the one I wanted.
I hung tough.
I liked it better.
I bought the one I wanted.
The guy eventually gave up and acted, okay, it's your life.
If you if if you if that's what you want to say about yourself.
Yeah, well, I did get a raise in a year or two.
But uh, but point is I did not buy more than I could afford.
That's what they were trying to get me to do on the basis that someday I would be able to afford it.
They tried, you know, all the social peer pressure angle.
I my point Is that to me is not trickery.
Trickery would be I don't need a car.
Somebody calls me or gets hold of me, or I find out somehow that I can go get a car that I can't afford, and everything's going to be okay.
Because that's what happened with the subprime mortgage.
That's what people had no business buying homes, were told they could get a house and uh and and not have to worry about paying for it.
Do I do I dunno what did you say to me?
I don't know, it's not that I'm smart, it's that I knew what I wanted, and I didn't want they were trying to move me up to.
I wasn't uh I'm I wasn't out toughing these guys.
I just remained dedicated to my desire.
I but I I anyway, I just don't chalk that up as trickery.
That's just these guys trying to do their job.
And it raised whose salary.
Oh, they're that the caller, right.
They were the lender was saying on the form, but they were pretending that he had more money than he did.
But that I I I don't, that's not what Obama's talking about.
That's not what Obama wants people to think he's describing when he talks trickery.
Don't that I know what Obama wants people to think.
That people, innocent bystanders, got roped in to buying something they didn't want, didn't need, couldn't afford that did not happen, is my point.
Hey, look, folks, I am I'm not naive here.
Um I know what's going on with his Obama business, and I know that the last caller.
And we've even had a uh uh one of these experts in this whole business call us and tell us how people were in it were being advised to um uh zero out people's credit histories and qualify them automatically, all the the the shenanigans that were being played.
Like the guy that called just a moment ago gave us the example of how bankers would fake credit reports.
We had a call about that not long ago, make it seem like they had good credit and fake their salaries.
Why do you everybody forgets the fear of government in this?
If you don't make these loans, if you don't go out, the whole point of this is that the government was ordering these banks to get this done.
To make these loans, not interview people, not make it possible, but to get it done.
They were gonna have to jimmy some things here to make it look good on paper, because anytime there's a paper trail, it has to match up.
But I'm telling you, it is the full force of government with the accompanying fear that makes this happen.
Now, I also uh I know what Obama's doing when he goes out like he did today or any other day and starts talking about people getting tricked.
I know exactly what he's doing.
You have to be very careful when you describe it.
But there's a racial component to this.
We all know it's there.
We know what the code words.
I got so sick and tired of stories this last week about how the who is it, Chris Manthew?
Juan Williams puts out this asinine story.
Uh food stamp president is racial code words, which is absurd.
Well, okay, how does it feel?
Obama starts talking about bankers.
Now, what does that mean, Wall Street bankers, what does that mean to certain elements of our population?
You know as well as I do what that means.
And that's so Obama's audiences, these poor, disadvantaged minorities, and these big evil Wall Street bankers, everybody knows who they are, and Obama's doing what?
Getting even with them.
I know you can't take the racial combo.
I'm trying to discuss this without the racial component as a means of simply informing people what was going on, regardless.
As he continues to lie about this from top to bottom.
You know what getting tricked is?
Getting tricked is being told that Obamacare would push down the deficit in health care costs.
That's getting tricked.
Getting tricked is liberalism costing us 16 trillion dollars since it got hold of the government.
You haven't talked about tricks.
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