Geee Posted October 22, 2011 Share Posted October 22, 2011 Daily Caller:Virginia Democratic Rep. Jim Moran told The Daily Caller on Thursday evening that President Obama should “refinance every home mortgage” without congressional approval in order to “reset the economy.”“Absolutely, I think [Obama] should do that but there are not a lot of places where he can act unilaterally,” Moran told TheDC during Conservation International’s Oct. 20 dinner in Washington, D.C.“If he chooses to act unilaterally,” Moran said, “the likelihood is that there will be language in the appropriations bills that will prohibit him from spending money for that purpose. That’s just the political reality. But notwithstanding that, I think he should do everything he can do on his own to stimulate jobs.”Obama has already asked his Council on Jobs to identify areas of the American Jobs Act that can be implemented without congressional authorization.Moran told TheDC that he would “like to see” the Obama administration “refinance every home mortgage at three-and-a-half to four percent” interest, which he said can be accomplished without approval from Congress.“The banks aren’t doing it, but the federal government can borrow money at three-and-a-half percent today. They should use that money to refinance every home mortgage, and that would put $750 billion into homeowners pockets,” he said. “It would reset the economy, and I think it’s the one thing that would most quickly get this economy back on its feet.”Moran said that the plan “doesn’t cost any federal money. The people who are opposed to it are the Wall Street investment banks, the ones that we bailed out for hundreds of billions of dollars,” he added. “The federal government could do that because most of these loans are now owned by Fannie Mae and Freddie Mac.” Link to comment Share on other sites More sharing options...
Pepper Posted October 22, 2011 Share Posted October 22, 2011 Geee! And while we're at, let's give all policemen, teachers, ACORN members, and union members free housing. Link to comment Share on other sites More sharing options...
clearvision Posted October 22, 2011 Share Posted October 22, 2011 Free Obama money! Link to comment Share on other sites More sharing options...
Saltbag Posted October 22, 2011 Share Posted October 22, 2011 Wait, I just woke up... what country am I in? Link to comment Share on other sites More sharing options...
Pepper Posted October 22, 2011 Share Posted October 22, 2011 Wait, I just woke up... what country am I in? Bizarro World, Saltbag! A world where the Secretary of State can cackle over the death of another head of state “We came, we saw, he died” and the knee pad media finds it A-OK. Where the President not of the United States but only of the Left can direct money to companies in order to ensure continuing contributions to his own campaign. Link to comment Share on other sites More sharing options...
RandyM Posted October 22, 2011 Share Posted October 22, 2011 Three years ago this month a woman infatuated with the Messiah said, "Barack Obama will pay my mortgage and fill my gas tank!" Was she also a prophetess? Obama will pay my mortgage... Link to comment Share on other sites More sharing options...
Pepper Posted October 22, 2011 Share Posted October 22, 2011 Truly a prophetess, RandyM! Link to comment Share on other sites More sharing options...
Argyle58 Posted October 22, 2011 Share Posted October 22, 2011 Um.....I don't have a mortgage on my house. Do they intend to force one on me? Link to comment Share on other sites More sharing options...
Pepper Posted October 22, 2011 Share Posted October 22, 2011 Um.....I don't have a mortgage on my house. Do they intend to force one on me? Argyle58! No, but you will be paying for someone's payments, doncha worry. Link to comment Share on other sites More sharing options...
Saltbag Posted October 22, 2011 Share Posted October 22, 2011 This asshat is a product of MY state, and that pisses me off. He's undoubtedly a sycophant from the DC Metro area. I have a shovel-ready job to do. Link to comment Share on other sites More sharing options...
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