Obama’s Unsustainable Debt Scams

Obama wants the US to become the land of unsustainable debt.  He forces overspending in the federal budget and encourages debt default for everything from worthless college degrees to home mortgages, auto loans and reverse mortgages.  The return of the sub-prime loan is upon us.  We are in for more bailouts when these loans go bad.  Obama’s handlers wanted to make sure they would get bailed out, so they have Fanny Mae, Freddie Mac and Sallie Mae holding the bags.  The losses will go on our National Debt credit card and the handlers will buy up the good loans for a bargain when the scam is done.

 

Norb Leahy, Dunwoody GA Tea Party Leader