BOOM! "The silence from MSM is deafening. The Obama administration robbed the housing industry to keep afloat a failing healthcare program."
"It's criminal."
"These are seditious people."
"This is outrageous. Congress specifically told Obama he could not use tax money in order to pay these Obamacare subsidies. The Obama Administration had no way to pay them. So they started looking around, they figure we've got this pot of money over in the mortgage Fannie Mae and Freddie Mac and we can just go over and confiscate it. Just take illegally, no law, no authorization, completely in violation of the Constitution, which does not allow the executive branch to begin to be it's own taxing agent and here Obama said we're just gonna secretly take this money under a ruse that Fannie and Freddie are...
As this comes out we know they're just going to claim this. They're going to say well this gave us the power to tax which you and I said years before it was law it was. They said oh it's not a tax. Then they hire 18,000 IRS agents and all the rest of it. Then the Supreme Court says it's a tax. So, under this, was this a new power of the executive? So Obama's saying hey I can just grab private investments. I can grab hundreds of billions of peoples money that they invested in the Fannie Mae and Freddie Mac system because I have this new power. So if that's the case, what else did he do that we haven't learned about?
The story's just getting going. We're just beginning to get into it. It's very similar to what's happened in the General Motors bankruptcy when Obama came in and confiscated the money of the subordinated debt holders who were first in line, really should have been first in line instead of taking the stock in which Obama did and giving it to the labor unions and told subordinated debt holders who I know, my friends in Wall Street that if they dared complain about it they would never work in that business again. Now that's how the Obama Administration's operated. Now we know that they've confiscated, Obama confiscated the dividend earnings of the private shareholders of Fannie and Freddie and really diverted that money, confiscated it without authorization from Congress, diverted it to pay for Obamacare when Obamacare was going bankrupt on these insurance subsidies. Now if that isn't entirely a set of criminal actions that ultimately involves Geithner and the other heads of Treasury when this was going on for between 2012 and 2016 and it's still going on today. Wow, wow."
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