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Congressman: Obama should unilaterally ‘refinance every home mortgage’ [VIDEO]
http://dailycaller.com ^

Posted on 10/22/2011 4:59:16 PM PDT by Sub-Driver

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How does he get reelected?
1 posted on 10/22/2011 4:59:17 PM PDT by Sub-Driver
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To: Sub-Driver

Beats me. Jim Moron is an arrogant pr!ck.


2 posted on 10/22/2011 5:00:33 PM PDT by sauropod (William Kristol does NOT choose my presidential candidate!)
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To: Sub-Driver

Hey Cong. Moron, the president can’t spend money on his own, no matter what you or he thinks.


3 posted on 10/22/2011 5:01:26 PM PDT by mkmensinger
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To: Sub-Driver
Would you expect any thing else from Congressman Moron?

Have you noticed how democrat congressmen are calling for Obama to act (openly) as a dictator?

4 posted on 10/22/2011 5:02:29 PM PDT by tbpiper
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To: mkmensinger

Who thinks- like me- that those of us who worked hard to own our homes free & clear will get some itchy arson urges???


5 posted on 10/22/2011 5:03:25 PM PDT by ridesthemiles
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To: mkmensinger
the president can’t spend money on his own, no matter what you or he thinks

Why not? It's the fair thing to do. Oh, yeah, and he should pay for video games for the adult babies living in the houses. /s

6 posted on 10/22/2011 5:05:50 PM PDT by Calusa (The pump don't work cause the vandals took the handles. Quoth Bob Dylan.)
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To: mkmensinger
Hey Cong. Moron, the president can’t spend money on his own, no matter what you or he thinks.

Well Obama can spend it but only if he writes a check from his own bank account. I doubt the liberals would pay off any home mortgages out of their own pocket. That reminds me of the famous Davey Crockett story where Crockett refused to vote to have Congress fund something but volunteered to take up a collection from each congressman. None of the congressmen who were offended that Crockett would not vote for the bill would fund the measure from their own wallets.

7 posted on 10/22/2011 5:08:34 PM PDT by plain talk
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To: Sub-Driver

I figured it was a dumbass ‘RAT. Isn’t it time we do something about how much these politicians are being paid? Everyone else is seeing their wages cut. It’s time to start cutting the paychecks of the Buffoons on The Hill.


8 posted on 10/22/2011 5:09:14 PM PDT by FlingWingFlyer (Stop Government Greed Now!!!!)
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To: Sub-Driver

Another scam to put all the refinances under their control and under one umbrella, fanny and freddie, this way they can introduce the new homeowners redistribution act.


9 posted on 10/22/2011 5:11:41 PM PDT by ronnie raygun (V)
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To: Sub-Driver
Moran said that the plan “doesn’t cost any federal money.

What an idiot. I guess this guy doesn't know how a mortgage works.

10 posted on 10/22/2011 5:13:40 PM PDT by USNBandit (sarcasm engaged at all times)
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To: Sub-Driver

I have lately been looking in vain for an “Onion” or “John Semmes” tag for articles like this, but to no avail.

The time for counter revolution draws nigh.


11 posted on 10/22/2011 5:14:19 PM PDT by SnuffaBolshevik ("The trouble with internet quotations is that you don't know if they are true"-Abraham Lincoln.)
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To: Sub-Driver
Jim Moran gets re-elected because we've gerrymandered his district to the max. There are simply more stupid Democrats in that district than almost anywhere else on the planet.

This gives us an additional TWO Republican districts with the possibility of a THIRD one.

Now, about refinancing mortgages, Moran is referring only to the interest rates. He can submit a bill Monday morning for REDUCING interest rates ~ just one of those things Congress can do. He should do that.

12 posted on 10/22/2011 5:17:07 PM PDT by muawiyah
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To: mkmensinger
Hey Cong. Moron, the president can’t spend money on his own, no matter what you or he thinks.

Huh, no. The RAT party seems to think they have elected Zero to kingship for life. House Dems talk up ‘Constitutional Option’

The 14th Amendment, the Debt Ceiling and a Way Out

The bottom line the way I read the mood of the country, is that things are so bad, Obama just needs to ignore the Constitution and the GOP led House and fix things EXTRA-CONSTIUTIONALLY.
13 posted on 10/22/2011 5:17:54 PM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Sub-Driver
How does he get reelected?

I've been trying my best to get rid of him, but we've got too many idiot DemocRATs in my district. Before he took the congressional seat away from Republican Stan Parris, he was the Mayor of Alexandria.

14 posted on 10/22/2011 5:19:29 PM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: Sub-Driver

Moran is so bad, the Washington Post doesn’t like him.


15 posted on 10/22/2011 5:20:47 PM PDT by popdonnelly (Socialism isn't going to work this time, either.)
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To: muawiyah
Jim Moran gets re-elected because we've gerrymandered his district to the max. There are simply more stupid Democrats in that district than almost anywhere else on the planet.

Yep:

That's my house round about near the "US 1"...

16 posted on 10/22/2011 5:23:57 PM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: ronnie raygun

Yes. How does one legally refinance, buy, sell, or rent securitized mortgages in the form of bonds, collateralized debt obligations that have no existing paper trail of ownership, meaning the existence of title transfers and note transfers and obligation cancellations that disappeared during the securitization process of mortgage backed securities? Non-property is difficult to legally turn back into real property.

How does one refinance former property that has no legal paper trail of ownership and no determinable real value?


17 posted on 10/22/2011 5:25:18 PM PDT by givemELL (Does Taiwan eet the Criteria to Qualify as an "Overseas Territory of the United States"? by Richar)
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To: Sub-Driver
This is, of course, stupid. However, I think he got one concept right, if you're going to do something about mortgages, you should treat everyone the same. Before they wasted the trillion dollars, they could have bought down, say 2%-3%, of everyones mortgage. It would have at least had some stimulant effect. Now we have the debt with no stimulus. BTW, I was against the entire stimulus bill.
18 posted on 10/22/2011 5:31:06 PM PDT by Prokopton
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19 posted on 10/22/2011 5:31:22 PM PDT by RedMDer (Forward With Confidence!)
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To: Sub-Driver

This is a declaration of conspiracy to commit treason?

Moran and Jesse Jackson Jr have it all figured out don’t they, what with their Khmer leadership armbands getting printed up now.


20 posted on 10/22/2011 5:32:41 PM PDT by JerseyHighlander
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To: Sub-Driver

Neither the president nor congress has the authority to refinance anyone’s mortgage but their own. The fact that this suggestion is unconstitutional is not the worst thing. The worst thing is that these clowns don’t care that it’s unconstitutional.


21 posted on 10/22/2011 5:33:06 PM PDT by muir_redwoods (Somewhere in Kenya, a village is missing an idiot)
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To: Sub-Driver
Must be hitting the bottle again.
22 posted on 10/22/2011 5:35:41 PM PDT by hinckley buzzard
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To: mkmensinger

But, but, but — it will all come from President Obama’s stash, the same funds he was expected to use to pay his supporters mortgages and to buy gasoline for them. See, it all makes sense. What a guy! /s


23 posted on 10/22/2011 5:37:25 PM PDT by DanMiller (Dan Miller)
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To: givemELL

The issues you mentioned, which I personally agree with your facts and point of view, are separate issues from Moran’s solution.

It’s not impossible to reset all mortgages in the USA through a Congressional Act. However, the 750B that would be saved by mortgagees would come directly out of the pockets of the banking sector, which means just like the current situation where merchant processing fees were reduced so BofA and other banks jacked up debit card fees in response, the banking sector will have to jack up banking fees in another sector to make up for the 750B loss plus the lost opportunity costs associated with reinvesting the lost 750B in income.

Moran (and every other politician who actually represents the common people in this country) should have been out there in late September 2008 demanding the TARP money goes towards relief of American citizens, and not to American oligarchs.

Which is the point, Republicans have failed so forcefully in the intervening 25 months they no longer have a shred of viability to retort their co-party members in the United Republican Democrat Fascist Corporatist Party of America.

It’ll all fall apart in the matter of months as the Eurozone collapses, so best be ready for guys like Moran and Jackson Jr to make power plays to conquer the entire political/governmental/banking apparatus by mob force.


24 posted on 10/22/2011 5:40:56 PM PDT by JerseyHighlander
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To: Sub-Driver

> Obama should unilaterally ‘refinance every home mortgage’

Yes.

With his own money.


25 posted on 10/22/2011 5:41:14 PM PDT by Westbrook
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To: Sub-Driver

re: “Moran said that the plan “doesn’t cost any federal money.”

Uh, how can this be true?

Re: “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.”

Ok, I’m opposed to this, but I’m not an investment banker - how can that be? And, I didn’t receive any TARP money either. Go figure.


26 posted on 10/22/2011 5:46:06 PM PDT by Nevadan
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To: Prokopton

Right, but now we’re beyond the looking glass and the Federal debt ceiling will be breached again before the election AND the ZIRP policy has fully politicized the Fed Reserve. I dare say if Moran’s plan was implemented today, the long end of the US Treasury curve would explode upward as the world realizes the US Treasury will soon own millions of small homesteads filled with rebellious and armed squatters, and those homesteads are the collateral for long end Treasury Bonds.

And just in case anyone missed it today, Goolsbee came to G-d now that financial collapse is inevitable and imminent:

http://www.freerepublic.com/focus/f-news/2796517/posts
Goolsbee: Cash for Clunkers, home-buyer tax credits were mistakes ^
10/22/2011 11:08:02 AM PDT · by Hojczyk · 23 replies
Hot Air ^ | October 22,2011 | Ed Morrissey


27 posted on 10/22/2011 5:46:23 PM PDT by JerseyHighlander
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To: Sub-Driver
Cuz’ history has taught us that the government always knows best how to fix the economy.
28 posted on 10/22/2011 5:47:58 PM PDT by Tex-Con-Man (T. Coddington Van Voorhees VII 2012 - "Together, I Shall Ride You To Victory")
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To: COBOL2Java
That's my house round about near the "US 1"...

Hybla Valley? I had the Apartment from Hell there, years ago.

My deepest sympathies.

29 posted on 10/22/2011 5:48:22 PM PDT by Riley (The Fourth Estate is the Fifth Column.)
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To: Riley
Hybla Valley? I had the Apartment from Hell there, years ago.

LOL. Nowhere near any apartments, fortunately. Closer to Mt. Vernon.

30 posted on 10/22/2011 5:52:39 PM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: Sub-Driver

wow didn’t realize Obama owned a mortgage house


31 posted on 10/22/2011 5:58:43 PM PDT by yldstrk (My heroes have always been cowboys)
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To: Sub-Driver
Knock, Knock.

"Who's there?"

"The Government."

"The Government who?"

"The Government who now owns your house."

32 posted on 10/22/2011 5:59:52 PM PDT by immadashell
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To: Sub-Driver
His district is 80% government employees and retirees.
33 posted on 10/22/2011 6:02:01 PM PDT by org.whodat (Just another heartless American, hated by Perry and his fellow demorats.)
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To: COBOL2Java
Much nicer neighborhood out there. I love Mt. Vernon- haven't been since all the recent construction got done.

Moved down to Dale City- much happier here. GREAT neighbors, no thuggy gang punks with billion-watt stereos all day and night.

34 posted on 10/22/2011 6:03:34 PM PDT by Riley (The Fourth Estate is the Fifth Column.)
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To: Sub-Driver

Add this to Gov Bev Perdue (suspend elections) & Jesse Jackass Jr (suspend elections) & Obama (would like to ‘do things’ without Congressional approval) and it begins to look like the Dems are planning to try some serious violations next year.


35 posted on 10/22/2011 6:03:40 PM PDT by ApplegateRanch ("Public service" does NOT mean servicing the people, like a bull among heifers.)
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To: Sub-Driver
Though it's obvious that many leftist congress-critters have held the Constitution in contempt for decades, now they're beginning to openly call for actions that directly violate the constitution of the United States. First Jesse Jackson Jr, now Jim Moron.

But most people don't realize that the Constitution is a set of rules that the government is supposed to follow: They think that the constitution is what they want it to mean. But now we have congress-critters openly calling for what is effectively discarding the constitution. They're openly violating their oaths of office, not that their oaths mean anything anyway. They're a bunch of lying, power hungry scumbags, and Moran is among the biggest scumbags in congress.

Mark

36 posted on 10/22/2011 6:28:23 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: mkmensinger

Ya, he can get it out of his stash, like that moron said in Detroit last year, LOL


37 posted on 10/22/2011 6:33:05 PM PDT by Roklok
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To: ronnie raygun
Another scam to put all the refinances under their control and under one umbrella, fanny and freddie, this way they can introduce the new homeowners redistribution act.

Part of the communist plan to end private home ownership. The government will take over all mortgages, and eventually it will become impossible for a "regular person" to get one. Of course, they won't do this all at once. As soon as the government forces banks to "refinance" mortgages, banks will refuse to issue any new mortgages. Sort of like the way the federal government took over flood insurance. and their plan for health insurance.

The eventual plan is to control every aspect of every person's life.

Mark

38 posted on 10/22/2011 6:40:36 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: tbpiper

That’s because the Democrat politicians are either fascists, communists, socialists or marxists and thus believe rules don’t apply to them. It doesn’t matter the type of “ist” they might be, all of the aforementioned political ideologies are ultimately run by a dictator.

You can call a “pig” a “dog” but it’s still a pig.

In Obama’s case, you can call him a “the smartest person in the room”, but he’s still a “vile idiotic assho!e”.

In Moron’s case, you can call him a “democrat”, but he’s still an ignorant “ist”.


39 posted on 10/22/2011 6:54:43 PM PDT by Ernie Kaputnik ((It's a mad, mad, mad world.))
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To: Sub-Driver

I blame the Dem people in his district that send Moran back to Congress every two years as much as a blame lowlife Moran.


40 posted on 10/22/2011 7:03:55 PM PDT by chuckee
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To: COBOL2Java
Please. You think thats gerrymandered. Check out NC 12.



Bet you can't which party wins that district every election?
41 posted on 10/22/2011 7:09:07 PM PDT by CriticalJ (Suppose you were an idiot. And suppose you were a member of Congress.. But then I repeat myself. MT)
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To: CriticalJ

Gadzooks, that’s insane.


42 posted on 10/22/2011 7:13:37 PM PDT by COBOL2Java (Obama is the least qualified guy in whatever room he walks into.)
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To: Sub-Driver

with the $4Trillion obozo has wasted he could have bought every single family in the USA a $150,000 house


43 posted on 10/22/2011 7:14:23 PM PDT by Mr. K (We need a TEA Party march on GOP headquarters ~!!)
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To: Sub-Driver
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.” <<

I AGREE!...100%...I just don't think he has enough personnel money......but he should try till hes broke!

44 posted on 10/22/2011 7:28:46 PM PDT by M-cubed
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To: sauropod

He is also the nasty twit who wanted to rename Ronald Reagan National Airport to National Airport because he is a Democrat and he didn’t like Ronald Reagan.


45 posted on 10/22/2011 7:36:29 PM PDT by RightWingConspirator (Zerobama's bus tour: the Blunder Bus Tour)
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To: Sub-Driver

Rep. Jim Moran to Keynote CAIR Annual Banquet

On Saturday, October 15, the Council on American-Islamic Relations (CAIR) will hold its annual leadership skills training conference and banquet at the Crystal Gateway Marriott (1700 Jefferson Davis Highway) in Arlington, Va.

With the theme “Making Democracy Work for Everyone,” the evening banquet will feature Congressman Jim Moran (D-VA) and Imam Siraj Wahhaj as keynote speakers.

The day-long leadership conference will offer workshops taught by top trainers in their fields. Leadership conference sessions include counteracting Islamophobia and the anti-sharia campaign; answering tough questions about Islam; effective fundraisin; challenging scapegoating of Muslims in the 2012 election; public speaking; and a primer on how civil rights have changed in the last 10 years.

Registration for the banquet and the leadership skills training conference is available online at http://www.cair.com/banquet/

Last year the leadership conference and banquet sold out. No tickets are sold at the door, so register early to reserve a place.

Banquet tables for a family, business, mosque, or other group, may be reserved by calling 202-488-8787 or by e-mailing: banquet@cair.com . Space in the program book is available for advertisements to reach all banquet attendees. E-mail banquet@cair.com for a sponsorship form.

http://www.muslimlinkpaper.com/index.php/community-news/community-news/2776-rep-jim-moran-to-keynote-cair-annual-banquet.html


46 posted on 10/22/2011 7:45:09 PM PDT by 4buttons
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To: COBOL2Java
"Gadzooks, that’s insane."

Yes. And perfectly legal.

High Court Upholds N.C. Voting District
47 posted on 10/22/2011 8:03:59 PM PDT by CriticalJ (Suppose you were an idiot. And suppose you were a member of Congress.. But then I repeat myself. MT)
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To: CriticalJ
Please. You think thats gerrymandered. Check out NC 12.

The Top Ten Most Gerrymandered Congressional Districts in the United States

Illinois' 4th district is the winner.

Why can't all districts look like Wyoming's first district?


48 posted on 10/22/2011 8:06:12 PM PDT by KarlInOhio (Compare "Delay is preferable to error" - Thomas Jefferson // "Pass this bill now!" - Barack Obama)
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To: Sub-Driver

And some people wonder how National Socialism (Nazis) got hold.


49 posted on 10/22/2011 8:15:07 PM PDT by I still care (I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
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To: Sub-Driver
"Congressman: Obama should unilaterally ‘refinance every home mortgage’"

Many like him would love to see property taxes remain too high, because their daughters' government jobs and pensions depend on the thievery. Let it go. Real estate is dead for decades anyway. If you want sustainable revenues, allow real property owners start small manufacturing businesses without local, yocal red (commie) tape.


50 posted on 10/22/2011 8:15:18 PM PDT by familyop ("Dry land is not just our destination, it is our destiny!" --Deacon character, "Waterworld")
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