And you thought the housing bubble was a disaster!
You mean the housing bubble that was caused by government interference with low rates and easy loans because “everyone deserves to have a house”? Sounds familiar.
And you thought the housing bubble was a disaster!”””
When the reality of the cost of Obamacare hits middle class Americans who already have lost 25% of their working hours, a larger foreclosure problem will be here.
Many are struggling to pay their mortgages now, and giving them an obnoxious bill for Obamacare & demanding that you participate under threat of going to jail is going to put Americans into the position of paying for Obamacare or their mortgages.
The next round of foreclosures could completely kill the nation’s economy. Banks will fail. Real estate companies will close. Construction is already on the ropes.
The current stockholders of insurance companies will be losing that investment money, and how about all the money the insurance companies put thru the banks nationwide each & every day of the year? The collapse of those stocks will hurt Wall Street, and it will spread thru other support companies.
How about hospital stock holders? How about the companies which support the health industry, such as the drug companies, the joint replacement companies, even the companies who made daily supplies used in a clinic or hospital???
Obama wanted to control over 18% of the USA economy. Instead, I believe he is going to DESTROY that 18% and much more.
Those who sung his praises & now try to tell us we only dislike him because he is black are the worst kinds of racists.
Thanks, Oprah. Maybe you will have to hold some more auctions of your personal items. How long before YOU are bankrupt??