Results for "mortgage entitlement"

Plus: “It’s going.”

I know this is a futile battle. Not sure why I keep trying to fight it. I can’t help it. So, here I go again.
In January 2008, I lambasted the bipartisan “victim politics of foreclosure” and the disappearance of the stigma attached to defaulting on your mortgage.
A refresher:
From President Bush to Hillary Clinton, Barack [...]

Oh, crikey. I’m cramping up.
From.
Laughing so hard.
Ouch. Ow. Stop the pain!
The administration’s new two-pronged initiative, operating under a law passed by Congress last year, will consist of a bond purchase program to support new lending by these agencies, and a temporary credit and liquidity program to boost agency access to credit sources for their existing [...]

Last year, I introduced you to self-proclaimed bank terrorist and housing entitlement shakedown artist Bruce Marks of the Neighborhood Assistance Corporation of America (NACA). Reminder:
Over the years, as part of his permanent campaign to browbeat banks into giving fair loans to low- and moderate-income people, Marks and his yellow-T-shirted followers have swarmed shareholders’ meetings with [...]

Photoshop credit: Leo Alberti
Obama’s ground troops are back. The ACORN criminal racket has moved away from illegally breaking into homes back to mobbing financial institutions. Today:
Protesters in more than a dozen cities across the country are demanding that a group of mortgage companies who benefited from federal bailout money participate in a government program designed [...]

Your lunchtime must-read from Steven Malanga in the City Journal: Obsessive Housing Disorder.
Bottom line:
Ultimately, the goal should be to end subsidies that amount to a government project to direct homeownership to places where Washington believes it should be taking place. That kind of political meddling in this vast marketplace has wreaked havoc time and again, [...]

It’s here!
For the Johnny-Come-Latelys in the MSM who will be dispatched by their editors to file obligatory stories about the hundreds of Tax Day Tea Party protests across the country today, here is a cheat sheet to get you up to speed.
Feb. 15: Keli Carender, who blogs as “Liberty Belle” spread the word about a [...]

If it’s Monday…

My syndicated column today looks at the award-winning performances of Washington hypocrites outraged by the AIG entitlement beast they nurtured through four massive bailout infusions. For added comic relief, be sure to read through the entire transcript of Robert Gibbs’ press briefing yesterday. (It’s been sanitized. Just add 25 “ums” during every exchange on AIG [...]

“This has been welling up for a long time.”

Hans Bader at OpenMarket.org looks at the Obama housing bailout and finds that it is even worse than it looks at first glance:
Yesterday, I wrote about how high-income people with $700,000 homes, who are in no danger of becoming homeless, would benefit from the Obama Administration’s massive taxpayer-financed mortgage-bailout plan, and how it would harm [...]

GOP leader John Boehner wonders if the Blue Dog Democrats, who’ve been making fledgling noises about reckless spending in Washington, will yield on the unscrupulous borrower Chris Dodd-backed bill to empower bankruptcy judges to meddle in private loan contracts (noted here yesterday).
Of course they will:
“Taxpayer tea parties” have been occurring across America in recent weeks [...]

I wish.

My syndicated column today spotlights two related phenomenon: the Tea Party revolt on the streets and the “Going Galt” revolt with our wallets. For new readers who are just learning about the protest movement and want to join, the best organizational resources are Tax Day Tea Party (nationwide April 15 events), Twitter #teaparty, PJTV’s list [...]

The Tennessee Republican Party takes on the federal mortgage entitlement mentality.
I’m buying one of these bumper stickers today (though I’m a renter, I like their message).

From the TN GOP party press release:
The Tennessee Republican Party has released a new bumper sticker designed to let people express their frustration with the relentless march by the [...]

Sob.

My column this week expands on my debunking of ACORN’s sob story foreclosure “victims.” In the latest developments on the Baltimore ACORN break-in, ACORN activist Donna Hanks was arrested and criminally charged. Just one more on top of her other brushes with the law (which the Washington Post and others have yet to report). [...]

The cable news talking heads panned Bobby Jindal’s response to Obama tonight.
There were some apparent audio and technical problems. He could have been more specific in his attacks on the porkulus bill, the bailouts, and the coming omnibus spending bill/mortgage entitlement expansion. (Full speech here).
But then, of course, the critics would have accused him of [...]

On Feb. 18, I warned about the ACORN civil disobedience mob working in ideological tandem with Barack Obama to bully Washington into passing a massive new foreclosure prevention/mortgage entitlement scheme. On Feb. 20, I noted that ACORN garnered nationwide media attention for breaking and entering into a foreclosed home in Baltimore at 315 South [...]

Seattle on Monday. Denver on Tuesday. Mesa AZ on Wednesday. Overland Park, Kansas today. What a week, huh? We got the anti-stimulus, anti-entitlement protest ball rolling — and now the movement, spurred further by CNBC host Rick Santelli’s call for a “Chicago Tea Party,” is really taking off.
David Hogberg at Investor’s Business Daily has a [...]

Criminal.

My syndicated column reports on the growing, grass-roots movement against porkulus/spending binges/the entitlement culture from Seattle to Denver to Mesa, Arizona and beyond. Why aren’t you hearing about it in the MSM? Because it doesn’t fit the victim mentality/government savior narrative. We don’t exist, remember?
Well, more of you non-existent rebels will be [...]

Wish list.

“ALL OF US WILL PAY.”

Photoshop credit: Leo Alberti
My syndicated column today looks at the massive mortgage entitlement campaign launched by President Obama today — and the concurrent, anti-foreclosure bullying campaign launched by ACORN. I’ve been warning about this for weeks (see here, here, here, and here) — and in particular, I’ve been blasting the Republicans for playing right [...]

Dissent.

On Nov. 4, after Barack Obama clinched the White House, the market closed at 9,625.28.
In mid-morning trading today, the day President Obama signs his massive Generational Theft Act into law and a day before he unveils a massive new mortgage entitlement, the Dow dropped to to 7,606.53.
Now, imagine if President Bush had presided over a [...]

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 [...]

The wealth-redistributor-in-chief, his High Holiness, is set to begin his first official prime-time press conference at 8pm Eastern.
Will he go all Howard Dean?
Will he get snippy?
Drinking game buzzwords: “Bipartisan,” “crisis,” “get the economy moving again,” “create jobs.”
Add your own.
Update 8:05pm Eastern. President Obama. “It is only government that can break the vicious cycle.”
Jobs, jobs, jobs. [...]

I uploaded the entire Sellout Substitute Amendment championed by the Turncoat Caucus this weekend. Did you read through to the very end of the 778-page legislative text? Did your Senator? If you did, then you saw this:
SEC. 7001. MANDATORY LOAN MODIFICATIONS.
Section 109(a) of the Emergency Economic Stabilization Act of 2008 (12 U.S.C. 5219) is amended—
(1) [...]