As if anyone here didn't know, this is the core of this idea. This is just a transfer of wealth collected from the mortgage payers, i.e., the productive people, to the indolent, i.e., Obama freeloaders. [BTW, Carney, they're not "tax cuts" if you didn't pay the tax in the first place.]
Next it will be free housing for the nonworking class, to go with free medical. Share the wealth reparations.