Obama a Real Contributor to Subprime Loan Failures

President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.

As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.

via The Daily Caller.

Kudos to The Daily Caller for putting together this incredibly well researched piece about Obama being one of the lawyers who sued Citibank to make sub-prime loans.

That this story is being written in 2012 and not 2008, and by a small independent website and not by any of the major media outlets is a complete indictment of our entire media system.

I can remember when I stopped watching The Daily Show.  It was shortly before the 2008 election and Michelle Obama was the guest.  After she comes out, the first question John Stewart asks is something like, “Tell us something we don’t know about you?” and the crowed goes wild.  It was an sardonic arrow aimed at those who were screaming to anyone who would listen, ‘What do we really know about these people?’

The truth Mr. Stewart, is we knew very little about these people.  We still know very little about these people.  It’s a same that the media didn’t do its job 4 years ago and any time since.  So because you ignored your responsibilities for the last 4 years someone has now produced some facts showing how:

  • Obama sued Citibank forcing it to make bad, sub-prime loans;
  • Many of those loans failed, including nearly half of those plaintiffs in the Obama case;
  • The sub-prime loan failures led to the collapse of the entire mortgage system causing the greatest economic crisis since the great depression.

Mr. Obama help create the problem he inherited.

That is what the press should be reporting.

Student Denied Entry to Michelle Obama’s Speech

A conservative student was denied entry into a rally featuring First Lady Michelle Obama at the University of Florida on Wednesday because he was wearing a t-shirt in support of Republican John McCain’s (R-Ariz.) 2007 campaign for the White House.  …

A conservative student was denied entry into a rally featuring Michelle Obama at the University of Florida because he was wearing a McCain t-shirt.

“I was waiting in line wearing a ‘Gators for McCain’ shirt when a guy [representing the Obama campaign] comes up to me to just intimidate me,” Pesek told Campus Reform. “[He then] asks me for my ticket saying… this is an event with only Obama supporters.”

via Campus Reform.


I guess Michelle was not too confident in her message being persuasive.  When you can’t change minds, just lock the door.


Obesity the Greatest Threat to National Security

?!  Really?

At the link is a quick video of a promo for an upcoming Dr. Oz.  We should get something out of the way early; Dr. Oz (IMHO) is a complete quack and why the FLOTUS would go on such a show is beyond me.  It’s beneath her and the position she holds.  But I guess that the internal polling must not be too good so out Michelle goes to throw herself at the afternoon television watching masses. a/k/a Democrat voters.

But I digress…

So Dr. Oz says something like, “I think the greatest threat to national security is obesity.” and Michelle responds, “‘Absolutely.”

?!  Not Al Qaeda.  Not radial Islam.  Not any other terrorists e.g. eco-terrorists.  Not global warming.  Not her husband.  Not Wikileaks.  Not right-wing militia groups.  Not crazy Libyans who killed Americans in Benghazi.  Not the Muslim Brotherhood who attacked our sovereign soil in Epygt.  No, none of these.

Donuts and french fries are our greatest threat to national security.

Axelrod better get out in front of this and start rolling it back.

My guess is that when the show airs that segment will be removed.

via Breitbart.