KOMMONSENTSJANE – ANOTHER COUNTRYWIDE HOME LOANS COMPANY COMING TO YOUR NEIGHBORHOOD

What is the difference in Obama’s latest scam by pouring money to diversify rich neighborhoods by injecting low-income housing and when Barney Frank and Christopher Dodd, former government representatives,  created Country Wide Home Loans and forced the banks to give loans, whereby anyone was able to buy any kind of house regardless of your income.

Remember the lady in Washington, D.C., who bought a $500,000 home and her yearly income was $35,000.  Eventually, the housing market went bust throughout America because these loans were resold by the banks and left the whole world holding worthless paper.  A lot of people lost their homes because they got in over their heads and just couldn’t pay for them – lots and lots of foreclosures.  Then remember all of the banks and Wall Street had to be bailed out with the taxpayer’s money.

Is Obama going to do a rerun on that scam?

Or like in Haiti  after the earthquake when Obama assigned George Bush and Bill Clinton to handle the generous donations.  As the story goes they were suppose to build 200 houses in one instance and when the story was over they built two to six houses.

So who ended up with all of the dough?

Why is it they keep pushing the blacks folks where they don’t want to be?  All of the black people that I have talked to say – they want their own schools, own churches, own sports activities, and their own culture.   Black people have lost their own culture because the people like Obama want to make them like white people.

They have lost so much in the last six years that they will never regain what they have lost – like everyone else.  So for a change, when they are spending this new money to promote rich living as you call it.  Take all of this money and build  communities especially for the black people –  $400,000 homes,  furnish them with high-priced furniture, landscape the yards, and give them a running start.  But, now you need to furnish them with jobs where the pay is enough to help maintain this rich living you are talking about.

In the end, whose fault is it that the black people unemployment is so high and they are having to live off the government – why the “hope and change” crowd whose party is called the Democratic Socialist/Muslim Party.  Obama’s problem is he is trying to give the shaft to the white people who he dearly hates and in the end it causes everyone to suffer.  And, someday we will see him suffer because the law of averages will catch up with him sooner than later.

Obama Moving to Force ‘Diversity’ on ‘Rich’ Neighborhoods with Increased ‘Affordable Housing’ Plan

by Warner Todd Huston

Jun 2015 , Washington D.C.

The Department of Housing and Urban Development (remember the  head is Julian Castro who was a member of the “Obama’s Brain Trust” which consisted of him and the infamous Wendy Davis, who ran for governor against Greg Abbott, and Julian’s brother Joaquin Castro – latest news is that Julian will be on Hillary’s ticket as vice-president)  the group  is reporting that Obama is moving forward with threatened plans to force “diversity” on wealthier neighborhoods by using the federal government’s influence to build housing for lower income families.

Claiming it is “fulfilling a promise” to create “equal opportunity,” HUD insisted its upcoming program was an effort to end “deep-rooted segregation” in higher income communities.

“HUD is working with communities across the country to fulfill the promise of equal opportunity for all,” the department said on Thursday. “The proposed policy seeks to break down barriers to access to opportunity in communities supported by HUD funds.”

HUD was immediately accused of trying to impose a socialist “utopia” throughout America, using the force of government and taxpayer money to do so.

“American citizens and communities should be free to choose where they would like to live and not be subject to federal neighborhood engineering at the behest of an overreaching federal government,” Representative Rep. Paul Gosar (R-AZ)  said upon the release of HUD’s plans.

Gosar also said that Obama “shouldn’t be holding hostage grant monies aimed at community improvement based on its unrealistic utopian ideas of what every community should resemble.”

Obama’s government, though, claims that the new policy is only meant to end “segregation” and open opportunities for lower income families to “live where they want to live.”

However, the plan will certainly have several problematic outcomes, critics note.

For one, families employing federal subsides in section 8 housing won’t be paying the property taxes that others in such communities pay meaning that they will be sending their kids to schools they didn’t help pay for. This will increase the burden on local schools and on those actual taxpayers footing the bill.

Gosar warns that the main result will be that property values will naturally fall and that means property assessments will fall with them and that taxes will have to be raised to continue paying for local schools quite despite falling housing values.

Then there is the crime.

Margery Turner, senior vice president at the left-leaning Urban Institute, insists that the new rule is a good one and says that children growing up in low income areas have less chance of succeeding in America because of crime and blighted neighborhoods.

“Segregation is clearly a problem that is blocking upward mobility for children growing up today,” she claimed.

But critics say that far from eliminating such problems, this program will merely import those same problems into the wealthier neighborhoods.

Others, such as Hans von Spakovsky, a fellow at the Heritage Foundation, point out that this is just another example of the Obama administration viewing every policy through a racial prism.

Finally there is the likelihood that further control on local housing rules will take power away from local voters and their governments and will create a situation where all housing is controlled by the central government in far away Washington DC.

Regardless, on Thursday HUD Secretary Julián Castro defended the program during a congressional hearing saying that the rule isn’t just about affordable housing.

“It’s not just about affordable housing, it’s about good transit; it’s about access to good schools; it’s about all that,” Castro insisted.

Many Congresspeople were skeptical, to say the least.

Republican Rep. Mia Love (R-UT), Utah’s first African American woman elected to Congress, criticized the program as one that would take power over housing out of the hands of local officials. Being a former mayor herself, Love had the experience from which to speak.

But Rep. Love also had serious reservations about the Obama administration’s idea that the federal government could bring both “diversity” and “prosperity” to communities by fussing with housing policies.

“I want to know some quick examples you have where the federal government has actually been able to diversify areas or end poverty in local areas where the local municipalities could not do that,” Love asked.

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About kommonsentsjane

Enjoys sports and all kinds of music, especially dance music. Playing the keyboard and piano are favorites. Family and friends are very important.
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