Barack Obama’s savior-based economy
Click here for update…Julio gets a new job…

Gracious God!
My syndicated column today covers the cult of entitlement. One interesting footnote about Henrietta Hughes’ home donor that I forgot to note yesterday. Did you know that Chene Thompson is a Republican? In my column, I explore President Obama’s choice of Ft. Myers for his second stimulus revival meeting rally. Brian Sullivan explains why the people of Elkhart, Indiana who welcomed Obama for the first stimulus revival meeting really ought to think twice.
***
Barack Obama’s savior-based economy
by Michelle Malkin
Creators Syndicate
Copyright 2008
President Obama is back in messianic campaign mode. It is unbecoming. When he’s not snarling at conservative opponents of his endless spending programs, he’s pandering to supporters as the nation’s community organizer-in-chief. At a stimulus rally in Ft. Myers, Florida on Tuesday, a woman named Henrietta Hughes stood up to decry the mortgage crisis and ask Obama for his personal help. Choking back tears, she implored: “I have an urgent need…We need a home, our own kitchen, our own bathroom.”
If she had more time, she probably would have remembered to ask Obama to fill up her gas tank, too. The soul-fixer dutifully asked her name, gave her a hug, and ordered his staff to meet with her. Supporters cried “Amen!” and “Yes!” A young McDonald’s worker named Julio bolted out of his seat and exclaimed: “It is such a blessing to see you. Oh! Gracious God, thank you so much! Ungh!”
The event turned into a full-blown revival meeting when Obama announced that the Senate had passed his massive stimulus plan. Audience members erupted into applause. Tongues of fire descended from the sky. Loaves and fishes (or rather, pork and Kool-Aid) multiplied miraculously into trillions for all. GOP Gov. Mark Sanford of South Carolina didn’t know how right he was when he warned over the weekend: “We’re moving precipitously close to what I would call a savior-based economy.”
Like Mighty Mouse, President Obama is here to save the day. The government is here to help – and it is your patriotic duty to pay for it all without preconditions. Henrietta Hughes didn’t explain the cause of her financial turmoil. Obama didn’t ask. And if we conservatives dare to question the circumstances – and the underlying assumption that it is government’s (that is, taxpayers’) role to bail her out – we’ll be lambasted as cruel haters of the downtrodden.
Woe unto ye unbelievers in Big Government who cling to what Obama derided as “ideological rigidity.”
Well, pardon my unbending belief in fairness and personal responsibility, but why should my tax dollars go to feed the housing entitlement beast? At his fear-mongering press conference Monday night, President Obama lamented that homeowners “are seeing their property values decline.” Countrywide crony Sen. Chris Dodd successfully stuffed $50 billion into the just-passed stimulus package for the Treasury Secretary Tim Geithner to spend on “mandatory loan modifications” for homeowners deep under water on their mortgages. That’s in addition to the $20 billion already allocated by the House last month for the same purposes.
Banks have been engaged in these “mo mod” programs over the past year. The Democrats want to accelerate the pace and use the power of government to essentially provide a blanket amnesty for borrowers and lenders who made bad financial decisions. Yes, there are many responsible borrowers out there having trouble negotiating loan modifications. But this $50 billion giveaway to the banks — on top of the upwards of $2 trillion more from the Treasury Department, on top of the $700 billion in original “TARP” funding — is throwing more bad money after bad.
This massive expansion of government meddling in the housing market — yet another attempt to get federal bureaucrats in the business of rewriting loan contracts and reducing principal — will just delay the inevitable. A report released by the Comptroller of the Currency in December showed that more than half of loans modified in the first quarter of 2008 fell 30 days delinquent within six months. And after six months, 35% of people were 60 or more days behind on their payments.
Where’s the fairness in forcing prudent homeowners and renters to subsidize people who bought overpriced houses and rescue the banks who lent to them?
Tellingly, Obama chose Ft. Myers to drum up support for his wealth redistributionism. The area has been one of the hardest hit by foreclosures, as the president was quick to point out. But many of those homes are second or third homes and investment properties. And low housing prices are not a catastrophe for everyone. They’ve created opportunities for Americans who haven’t been able to buy in an artificially inflated market. The median sales price of a home in the Ft. Myers area fell 50 percent to $106,900, from $215,200 in December 2007. Bargain-priced home sales are up 146 percent from a year ago.
It’s sacrilegious to say it in the Age of Obama, but it needs to be said: Home ownership is not an entitlement. Credit is not a civil right. Your property-value preservation is not my problem. Can I get an “Amen!?”
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Trackbacks
- My Exclusive Interview with Newt Gingrich « JoHNBRoDiGaNDoTCoM
- Barack Obama’s savior-based economy — But As For Me
- Creepy Obama Worshiper Gets His 15 Minutes « Eat It Or Wear It
- Barack Is Mostly Showman, Not Statesman; and Now Putin and Ahmadinejad Know « Peace and Freedom Global Future
- Obama: Outreach, Stimulus Shows Weakness on International Stage « Peace and Freedom Global Future
- The Jawa Report
- Amen, Michelle | Constant Conservative
- A Poll and a Chart; Liberty Matters | The Anchoress
- It’s A Miracle! All Praises To The Moonbat Messiah « The Chronicles Of Two Rogue Jews
- Hot Air » Blog Archive » Video: Henrietta Hughes gets rent-free home — from a Republican
- Michelle Malkin » And now: Julio gets a job
- The Last Resort: How Soon? « Thought Recipes
- The Stimulus Package is not designed to save the economy, it’s designed to save liberalism - Barack Obama’s savior-based economy « Jim Blazsik
- And now: Julio gets a job — But As For Me
- Oh Gracious God “Julio Osegueda” creams his pants and Henrietta Hughes gets to talk to Hussein Obama’s “Staff” after begging for housing!? | Fire Andrea Mitchell!
- Julio Osegueda - from burger flipper to new job thanks to B. Hussein Obama! | Fire Andrea Mitchell!
- Steynian 323 « Free Canuckistan!
- From Joe the Plumber to Julio The Broadcaster « The Chronicles Of Two Rogue Jews
- Maggie's Farm
- Hot Air » Video: Henrietta Hughes gets rent-free home — from a Republican | Backyard Politics
- Chicken Little was Right After All, Unfortunately « Designated Conservative
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- I'm so disgusted and ashamed about the spending habits of the avg American! - Politics and Other Controversies - Page 10 - City-Data Forum
- Henrietta Hughes May Lose Free Home, Will Obama Get Her Another? « Frugal Café Blog Zone
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How long does sitting around waiting for a handout take?
AMEN
AMEN
It’s sacrilegious to say it in the Age of Obama, but it needs to be said: Home ownership is not an entitlement. Credit is not a civil right. Your property-value preservation is not my problem. Can I get an “Amen!?”
AMEN Preach on Preacher !!!
Thank you MM for not folding like others. It is so good to know that we have you standing up for those of us who have been following the rules and doing things as they should be.
If there is to be a Messiah i say it is MM.
AMEN…..&…….HALLELUJAH!
Uh oh….what is that I’m starting hear all around the great USA? Hmmmmmmm sounds like the Muslim call to prayers?
I WILL NOT SUBMIT!!!!!
Okay, everyone, let’s dig up every bit of dirt we can find on Sister Henrietta and Brother Julio so we can destroy them in the press. We’ll ruin their lives and turn them into national punchlines!
Oh wait, we’re not liberals and they’re not conservatives questioning Emperor Obama.
To pay off the national debt NOW. Live with a balanced budget. Quit giving my tax money to the rest of the world. (World Peace??? no, everyone can die for all I care)
Why do we need to rebuild it???? It works pretty good at the moment. that is – IF you incur the costs up front to bury the power lines.
I dont care about GREEN energy. I dont care about conservation. I dont care about ANY environmental BS, except for when persons or companies dump/bury chemicals. I dont care about the Prebble field mouse or the pink salmon that cant swim to Bismark North Dakopta before it dies. I want to run out of all fossil fuels BEFORE I incur costs for “new/alternative’ energies that I dont need today. I pretty sure everyone alive today will all be DEAD long before we run out of them though.
Politics, infighting, architects, Wall Street whores, engineering issues with the Hudson river, logistics??? Oh yeh…. Bush planted land mines so the workers cant get to the site without the bomb squad clearing a path every morning. dang, hes good – no one saw that coming…
Rewarding bad behavior just increases bad behavior. BO can’t “save” all these spoiled, disfunctional people by robbing us to pay for it.
A little bit of hope. Unlike the nitwits at the Messiah’s revival meetings, the majority of independents DO NOT think the pork package is a good thing. 57% of independents think the plan spends too much and stimulates too little. 66% think there is too much stuff that won’t stimulate the economy in the bill.
OK, it is not a landslide, but we can work with it if enough people keep screaming about this stuff.
Actualy I took the time at random. Do I have to explain everything to you??? Some bridges would take years, some a week. DUUHHHHHH
If obama the great did it!!! LOL
Only if al gore is in charge.
They ran out of pixie dust.
Pixie dust shortages are hard to get over.
I just built a “Bridge To Nowhere” in my front yard – JUST this morning alone!!!!!
I spit on your puny 6 month bridge project. Slave labor is the wave of the future!
Now both Democrats and Republicans have a “regular citizen” Poster:
**Joe the Plumber
**Julio the Hamburger griller
I think I’ll take Joe the Plumber.
Did I read Julio’s T-shirt correctly… does it read KING OBAMA?
How much are conservatives who are being re-educated going for these days. I mean per day.
Im not quite sure. They havent fully realized the net aggregation quota derived from the cost-benefit analysis on page 454 of the stimulus bill.
SSSSSOOOOO…. 10 bucks a head to the warden?????
Government is not my god and never will be. It’s hard to watch someone who calls himself a “committed christian” push child-killing (LaShawn Barber’s name for abortion) and cause people to make government their idol.
DEAL! But the catch is, is that they just have to be returned without any bruises so they are healthy to work the next day.
Thats the hard part.
How about 15 bucks a day and a few black eyes????? I got alot to do and need to “encourage” them a little.
Hey, do what you gotta do, its your money. But 15 bucks and no VISIBLE bruises. It makes the natives restless.
Even in San Francisco they have to pay extra for visible marks.
DEAL!!!!
A total of three turncoat fake republicans does not bipartisanship make.
Ok everyone. Sonofdy and I have struck a deal with the Obamafonts. We have both sold out and are now on-board with this new stimulus package.
See how easy that was? You just gotta find your own little piece of the pie and then you too can can sell out your country.
sonofdy and RS – you two are crazy…thanks the for laughs but it’s off to the re-edgeumication camps with you … smart a@#es! LOL
This is becoming so much like the Carter years it is downright scary.
Compare the Obama/Henrietta Hughes video with this one:
http://www.imdb.com/video/hulu/vi1825570841/
Government as religion.
This isn’t new to the family from which Obama comes.
Obama’s mother and grandmother attended “the Little Red Church on the hill” on Mercer Island in Washington State — a “Unitarian Universalist” church which has abandoned the worship of God or Jesus for the worship of government and “community activism”.
I have no doubt that Obama believe in neither God nor Jesus as Savior.
His professed “faith” is part of Obama’s Alinskyite politics, nothing more and nothing less.
That’s my well considered view.
Others are welcome to their own.
Interesting article I ran across
The US is gambling freedom on a risky printing press policy
In what would be the most catastrophic and world-changing move in recent memory, the US appears to be committed to replace China’s purchase of its securities with printed money, thereby moving to end the fundamental underpinnings that have governed relations between the most two important economies of the world.
.
.
.
Associate Professor Keen said by way of evidence, the US money supply doubled between 1994 and 2008 and “Bernanke has doubled it again in just the past four months”. “The US has essentially abandoned conventional ways of raising money,” he said.
Asked about US Treasury Secretary Tim Geithner’s attack on China’s currency manipulation, Keen said that the rules of the game had now fundamentally changed and the US was, in expanding its money supply, pursing a policy eerily similar to Fed policies that preceded the Great Depression.
.
.
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Most economists believe the US and China are bound irrevocably by US debt and China’s continued purchase of that debt. They assume the US, with 46 states insolvent or approaching insolvency, will suffer immediate MAD if China ends the long financial arrangement.
But with the US entering a period of deflation, its economic leadership appears to be doing the unthinkable – going it alone and letting the electronic printing presses take care of the huge sums required to keep the nation afloat. The consequences for the world economy are incomprehensible as China’s purchases of US treasuries underwrite the US’s unquenchable demand for money to service its multitrillion-dollar public debt, which President Obama said recently would reach $US11trillion ($A17trillion) this year.
Clearly you must be new here. MM and most of the rest of us have been decrying the big spending of Bush and the Dem Congress for years now.
You only see what you want to see.
These are the same type of people that put the likes of Castro, Hitler, and Lenin in power. If you thought it was a 1920s phenomenon, guess again. These creatures sprout up like mushrooms and will follow anyone offering a handout. If they didn’t have Obama, the Democrats would cook up something similar.
Proving that the FICO scoring system works as designed. When you give a person with a low FICO score a loan, you do so, or should anyway, with the full knowledge that loan is highly likely to go delinquent within 12 months, nearly a certainty in 24 months.
People have low credit scores for one reason. There is something in their credit history driving that score down. Usually it is because of some kind of delinquent payment(s) on a loan. Modifying a loan for someone with a low score simply delays the inevitiable.
Allow those bad loans to follow their natural course, the market will correct itself, lenders have been pushed and allowed to get their fingers burnt.
Suck. It. Up. Take. Your. Lumps. Then STFD & STFU.
On February 11th, 2009 at 2:58 pm, ThatSamIAm said:
Yes, but three “rights” make a left.
True, but unfortunately can you can turn ‘Left’ all day long and still never be ‘Right’
Lets try that again:
True, but unfortunately
canyou can turn ‘Left’ all day long and still never be ‘Right’One thing I know that has happened since November, you can file away any copy of the Constitution you may have, in the folder marked “history”. Apparently, the government has decided it doesn’t need it anymore…even with their oaths “so help me, God”.
On February 11th, 2009 at 2:32 pm, Micheleeroo said:
Indeed.
Obama is not a “committed Christian”.
He is a fraud and a liar.
The Bible says:
Salvation is based on what the individual believes and confesses about Jesus Christ.
Has Barack Hussein Obama ever publicly confessed with his mouth, “Jesus is Lord”? Not that I know of.
What is Barack Hussein Obama’s unbiblical concept of salvation?
It’s rooted in the Socialist/Communist “Collective”:
On February 11th, 2009 at 2:14 pm, kthomas8268 said:
Someone tell Julio that Jesus Christ is
Stop the Obama worship.
Obama is no better than (and no less of a Marxist than) Jim Jones.
Don’t drink the Kool-Aid.
…to say this is disturbing would be putting it mildly. I live in Lee County, it was a complete mess yesterday. This guy is now a town hero!
The local talk station put up a video of the woman who recieved a hug from Obama, if you view the video check out the lady in white next to her…she is mouthing “I love you Barack”. What the heck is going on with these people.
…my brain got ahead of my fingers…should be “received” not “recieved”…sorry about that.
Did you get that from a real live email?!?
It MUST be true!
The left are such needy whiners…grasping at anything they believe will give meaning to their pathetic lives.
Odumbo buying this clowns drugs?
the shirt showed both MLK and dear leader….
My personal John Galt story:
Last year my wife and I grossed about $200k. We lived a nice life going out to eat several times a month and every Sunday after church. We weren’t shy about buying whatever we wanted pretty much whenever we felt like it. We paid cash for everything and eschewed credit.
Before the election we agreed that should Obama win the election she would quit her job and we’d live on my salary alone, a 50% reduction in our total income.
Will we suffer for it? Not at all. We’ll just have to live a bit more frugally than before. The real losers are the restaurants we don’t go to, the waiters/waitresses we don’t tip, the movie theaters we don’t go to, the retailers we don’t spend our extra dollars in, and most of all the state and federal governments who will have to make due with less than half the income taxes we paid. I say less than half because now that she isn’t working, she’s now my dependent and another tax deduction. States and localities lose further because of all the sales taxes we won’t pay.
I’d like to see more people in the productive class withdraw from the economy. I won’t be any man’s or government’s indentured servant and that is just what the Marxists have in mind for we producers.
bluesoc,
Compare the text of:
to the Preamble to the
I did such a comparison myself the night after he delivered that speech. Here’s what I saw:
Got that? Obama was careful to choose Marxist professors as friends!
Please add your name to this petition if you haven’t already NO STIMULUS
http://nostimulus.com/
Just a reminder of what Obama thinks qualifies as “irresponsible”:
Got that? Even though he said, “it would be irresponsible for me…” he was not talking about himself. He was talking about President Bush.
When he said, “it would be irresponsible for me … to enter into the administration without any potential ammunition” he was really saying “it would be irresponsible for President Bush to leave the administration without giving Obama the other $350 Billion!
So Obama gets to have his cake and eat it, too. Obama got the $350 Billion from Bush, and then turns around and blames Bush for the increase to our debt under Bush’s tenure!
Bush should not have released the other $350 Billion. He should have let Obama ask for it. Heck, Obama’s ready to ask for $2 Trillion in TARP 2.
Source of last quote:
Usually, but not always. My husband has a low FICO score because the only 2 loans he has ever had were for the 2 trucks he has owned. He has always paid cash for everything else.
When I first saw this clip, I was waiting for a punch line. Guess he wasn’t joking?
Good God call his Mom and get him back on his meds. Seriously.
This is one very confused person…or very ignorant. Probably the latter; having 2 people, both completely opposite politically, on the same T-shirt. It’s the same as having a Carter-Reagan t-shirt. In this day and age, as we praise MLK for his work, it’s “color” not “character” that matter.
Air Force One cost $70-75k an hour to fly and then you have the Presidents escort, so I want to know how much these PR stunts flying to all these states are costing the taxpayers. I also want to know if the politicians in Congress bashing the executives for flying in private planes are willing to give up all the government owned private planes they fly in.
Julio Osegueda got duped.
First the guy isn’t wrapped to tight and gets used by Obama who tries to throw him on Uncle Sam’s Plantation.
then
a radio station in Phoenix dupes him with an Obama impersonater.
There is no end to the uses of the mentally challenged.
Just remember the grammar rule and you can never go wrong:
“I before E except after C…. unless I feel like it, so bite me”
Just up on Drudge, reporters preselected to ask the Messiah questions at presser.
Not news to us though….
Is it OK to refer to us as “Malkinites”? I think it has a cute edgy ring to it…
Why is it that I think there is money for William “The Conqueror” Ayers somewhere in the Porkulus? The Obamunnist has to pay back something to his ghost writer and mentor.
Its obviously disguised in some fashion. Does anyone have any guesses on this one?