Unexpected "Hope" From Obama’s Housing Speech

Realities of new administration’s policies begin to set in across America

CNBC reporter Rick Santelli–not a commentator–voices frustration from the trading floor in Chicago.

Oddly enough, conservatives should take heart and find something to smile about in the wake of yesterday’s Phoenix, AZ-area speech by President Barack Obama, during which he announced the intention of committing up to $275 billion to revitalizing the housing market in America.

No, that new-found “hope” should not come from the president or his speech, however, but rather from a collection of advanced placement students at the school at which Obama disclosed his plan.

Acccording to the Drudge Report and the East Valley Tribune, many of the students, while watching the speech from a classroom down the hall from the gymnasium where Obama was speaking, were skeptical of the president’s plan to rescue the nation from the economic doldrums. One student even wore a t-shirt bearing an image of Obama and the words “Hitler gave great speeches, too.” A smattering of what the students had to say, courtesy Drudge and the East Valley Tribune:

“This puts us more into debt. It’s a horrible situation we’re in.”

“I like the refinancing part, and I like the part about mortgages, but I’m afraid we’re going to put the money in but won’t see any effect.”

“I just don’t believe all the things he’s telling us.”

On new sod laid in front of the school: “The joke at the school is they’re going to take it away when he leaves.”

People are getting it. Slowly, but surely, the realities of the economy and our leadership’s ideology seem to be sinking in for the American public, and a big part of that, I think, has to do with the current administration’s absolute failure to create any sort of trust. Over and over again, President Barack Obama and his Democratic Congress have overtly and obviously lied to the very people they are charged with representing.

It happened with the closed-door negotiations and reconciliation of the so-called “stimulus” package, a practice which Obama, on his transitional Web site, promised to end.

It happened when the president and congressional Democrats refused to allow the public–or even lawmakers themselves, for that matter–enough time to read the 1,073-page “stimulus” bill before the legislation was voted on, directly countermanding several promises made by Congress and by the president to give the public the ability to view legislation for 48 hours before a vote and five full days before being signed into law.

It happened in front of more than 45 million Americans when, during his February 9 press conference, President Obama looked straight into the cameras in the East Room of the White House and stated, unequivocally, that there were “no pet projects” in the bill — yet we all knew that the legislation was nothing but pet projects from cover to cover.

And it happened again yesterday, in that gymnasium down the hall from those incredibly astute students at Dobson High School, when the president once again looked into the cameras and stated, for all of America to hear, the following:

But I also want to be very clear about what this plan will not do: It will not rescue the unscrupulous or irresponsible by throwing good taxpayer money after bad loans. It will not help speculators who took risky bets on a rising market and bought homes not to live in but to sell. It will not help dishonest lenders who acted irresponsibility, distorting the facts and dismissing the fine print at the expense of buyers who didn’t know better. And it will not reward folks who bought homes they knew from the beginning they would never be able to afford.

The president, once again, is lying. Just as the Clinton-era Democrats’ implementation of Jimmy “Dhimmi” Carter’s Community Reinvestment Act forced banks to relax lending standards and lend money to those who likely would have no means of making payments, this new plan, replete with the $25 billion given to Fannie Mae and Freddie Mac, will force lenders to maintain those bad loans. By the plan’s very intent, it will throw good taxpayer money after bad loans, it will reward and rescue the unscrupulous, the irresponsible and the dishonest. Yet President Obama came right out, looked American in the eye, and said exactly the opposite.

It’s like a bad attempt at using The Force. Time and time again, Barack Obama has been gracefully waving his hand and telling us that “these are not the droids you’re looking for” and, for a while now, his influence has worked on the weak-minded, impressionable and distracted American public. Now, however, we’re beginning to see signs that (a) it’s starting to wear off, and (b) Obama and his flunkies are getting more and more brazen with every attempt to sneak bad policy by the people.

Yesterday, for example, less than a minute after he argued that his plan would not send “good taxpayer money after bad loans,” Obama completely contradicted himself, saying that “we will make it possible for an estimated four to five million currently ineligible homeowners who receive their mortgages through Fannie Mae or Freddie Mac to refinance their mortgages at lower rates.”

So, let me get this straight — Obama says that taxpayer money would not be used to artificially prop up bad loans, yet three sentences later he says that people currently ineligible would receive reduced rates despite their previous ineligibility? How much more plain could the contradiction be?

My goodness, he makes John Kerry look steadfast.

More and more with each passing day, I’m seeing a different kind of “hope” come from some unlikely places. Democrats are shaking their heads in confusion. Students are opening their minds. Moderate Republicans swept up in the celebrity and history of 2008 are coming to their senses. Credibility, see, is a valuable commodity for any politician, and trading in hypocrisy and double-talk only serves to deplete those resources.

It may not be today, it may not be tomorrow, but over the next four years the inevitable failure of Barack Obama’s liberal agenda will provide an opening for anyone with common sense–Democrat, Republican or anywhere in between–to realize that liberalism may very well work in the halls of academia or within the idyllic confines, conversations and debates among aging hippies, but in the real world things are entirely different. Republicans must be ready to pounce as that opportunity presents itself and be prepared to effectively argue the merits of conservatism. With any luck, we’ll be able to set this ship back on course before it sinks.



  1. Anonymous says:

    ——One student even wore a t-shirt bearing an image of Obama and the words “Hitler gave great speeches, too.”

    Instant classic!


  2. Anonymous says:

    Soooooooooooooooooooo relieved to find that people, especially our youth, are catching on. Our young people are the ones who will run our country and are the beneficiaries. We need to help more people and more of our next generation to understand what is taking place under our noses.

    This is a great piece, Jeff, as usual! Thank God for you!

    Obamanation is a lying no-good, to put it mildly. He and his imps had their agenda planned out a long time ago and know exactly what they are doing. They hope that we continue to be obtuse and uninformed. Nothing is as it seems with Obama and his followers. Their agenda is to take this country down so the “haves” and the “whites” and true Christians are demoted to a whole different world of enslavement! We will lose our Christian roots and have it replaced by an extreme contrary government. This is why he wants all of these illegals and other anti-God immigrants to take over our country.

    I think of Lucifer and how cunning and charismatic he must have been to convince a portion of the angels in Heaven to side with him. Do you not think, then, that Obama, his spawn, is not equipped with all of the evil know-how too? We are not fighting against mortal men but with the prince of darkness and his evil angels! We need to get down on our knees and pray! If My people, who call Me by My name, will confess their sins and pray, I will heal their land. Dear people, this is a promise made by our Creator and His promises our true. Please, get on your knees and pray for forgiveness and for His intervention into this universal and spiritual war. We will not overcome without our Hevenly Father’s Mighty Hand in this!

    A true Texas Loyalist and Sister In Christ

  3. thunderprince says:

    Again and again your articles hit the nail on the head and give us hope. Please keep up the good writing and continue to buoy up our deflated spirits that this Usurper in charge has inflicted upon us.

  4. Anonymous says:

    There’s more just up on Drudge Report: Traders on Wall Street are questioning whether the government’s plan to save the economy will actually help the markets…the government is promoting bad behavior …do we really want to subsidize the losers’ mortgages…prez Obama are you listening?…how about we all stop paying our mortgage…it’s a moral hazard! Chicago floor mocks Obama plan….

    Incidentally, the DOW is down 46.66% since the high of 14,164 on

    http://www.cnbc.com/id/15840232? video=1039849853

    And a clip from OK, where police pulled over a motorist because of an anti-O sign on his vehicle, and they confiscated the sign and contacted the Secret Service.

    Reportedly, the sign said ‘Abort Obama’, and the officer thought it was threatening. But O apparently does not think “abort” is threatening to innocent babies?!!

    http://www.enidnews.com/localnews/ local_story_049225155.html


    Verification words are psychic or omniscient, or somethin’ = pitye

  5. Anonymous says:

    Go Sister ! I ‘m saying my rosary with my family every day from now on , on my knees – can we do less ?
    We prayed before the election – and became distracted – the call is loud ….. EM

  6. Jeff Schreiber says:

    Anonymous said…

    There’s more just up on Drudge Report: Traders on Wall Street are questioning whether the government’s plan to save the economy will actually help the markets…the government is promoting bad behavior …do we really want to subsidize the losers’ mortgages…prez Obama are you listening?…how about we all stop paying our mortgage…it’s a moral hazard! Chicago floor mocks Obama plan….

    Found it a few minutes ago and added it … thanks!

  7. Claudia says:

    “On new sod laid in front of the school: “The joke at the school is they’re going to take it away when he leaves.”

    ANYONE KNOWS that in a desert, you do NOT plant lots of sod when there is a drought crisis and water is an expensive product that needs to go to worthwhile uses rather than a front lawn in a high school, and that will take hundreds of dollars of taxpayer money per month to even keep it a shade of blighted yellow in 115 degree heat in the summers……

    Just as with everything else, Obama is showing his stupidity on all levels. Those kids don’t even want the money that their parents pony up each and every month to go towards an extremely high water bill to keep a sod lawn in shape… they understand more than Obama does about economics and worthless uses than any of his staff or he, himself even tries to comprehend.


  8. Rix says:

    >> One student even wore a t-shirt bearing an image of Obama and the words "Hitler gave great speeches, too."

    Where can I buy one, too? I'd love to!

  9. Anonymous says:

    Start Burning the Phones.

    Call senators, governors, the MSM.

    Be loud, be direct. We will not take anymore.

    Let the MSM know that they BETTER start reporting the news! We demand journalism.

  10. Anonymous says:


    BTW, on the CNBC/Chicago Floor video, did you happen to notice the advertisement for a new show that premieres on Thursday Feb. 26 titled ‘NewBOs: The Rise of America’s New Black Overclass?’

    Struck me as being pretty brazen, eh?


  11. Anonymous says:

    O’ Fraudulent Pious one is in Canada today (flying once again ~ as are some other “servants” masking their spending under “doing their job”).

    He probably hopes to gain insight into “How they confiscated handguns” and got away with it. (My Uncle had a some neat ones from War II and buried them so they couldn’t take them!). This was turing Canada’s “Go Socialist” Program.

    “A little Socialism here, a little Communism there and a whole lot of Dictatorship in hand.”

    Just like Blue Bunny Kerry “listening and learning” from the “Palestinian’s” today – in Gaza.
    What “good” are they learning for American’s sake?
    Why are they not living “within American tighten-in-the-belt means” now – and being stellar examples. Phooey! Abort, abort!!

    Carry the Sword of God (*His WORD) in one hand and Love in the other ~ go forth into “victory!”

  12. karen says:

    Here’s a link to the video from Chicago.



  13. Anonymous says:

    Abort! Abort! Abort!

    End this administration’s term now!

  14. Anonymous says:

    This is what BO is talking about in Canada
    Protectionist forces bedevil EUhttp://news.bbc.co.uk/2/hi/europe/7897342.stm

  15. Anonymous says:

    A commentator on the news this mrning (FOX, I believe) said this spendulous is needed because ‘without it, home values could drop 3%, and on a $200,000 house, this would mean a homeowner would lose $6,000 in equity.”

    So let me get this straight:
    Every american (includes all the illegals) needs to go into debt $33,000 with this spending scheme so that the average homeowner doesn’t lose $6,000 in paper equity until actually selling the house?


  16. Illinois Knows says:

    That video is priceless! I think I can make a tea party in Chicago in July! I think people are starting to wake up, slowly but it is happening! The kid that wore that shirt had guts wearing it on that day. I’m sure the White House people made sure he wasn’t to be near ANY camera, lol!
    Thanks for the “good” news Jeff!

  17. Anonymous says:

    Santellli for President!!!!!!!!

  18. Anonymous says:
  19. CAL says:

    I would love to attend a tea party in Chicago. I think a lot of good, hardworking midwesterners would drive a long way to support such a rally – and what a perfect place for it to take place – in Obama’s home town.

  20. seeks truth says:

    “The president, once again, is lying. “

    Nawww, you don’t say!

    Negate whatever he says. So when he has come out and said he isn’t in support of the Fairness Doctrine, conservative talk radio better run for cover. And then, Jeff, you’ll be next.

  21. Anonymous says:

    Old Bob, you’re on the right track.. Has anyone ever read the works of Saul Alinsky? He played a significant role in Obama’s life. He taught the works of Alinsky. Everything you said about chaos is the priority of a community organizer. PLEASE follow up and read articles about Obama and Alinsky. You’d be amazed what you find and how it makes you feel. It supports your theory.

  22. GiveMeSanity says:

    Does anyone else find it ironic that this is the “economic justice” Obama spoke about in an interview highlighted by Hannity, Rush, Beck, etc, and NOW the MSM is making a big stink about it after calling conservatives “fear-mongers?” I guess the “fear-mongers” should now be called visionaries. Just my thought. Thanks.

  23. Anonymous says:

    To Anonymous 5:18 PM.

    Thanks for the kind words.

    I hope that I’m wrong and that we, along with new Republican blood like Michael Steele, can unseat the present power structure through the traditional political system, but I just want people to be prepared for something that this country has never seen before; the equivalent of a benevolent dictator who maintains control of the finances, the media, and the military.

    One last thought; as I read about world financial systems and power brokers (what is that conference that Obama supposedly attended last June in VA? You know, the day Obama’s plane took off with the press corps, supposedly for another typical campaign stop, only to find that he wasn’t on the plane), I am becoming convinced that we have become part of a world community of financial “overseers” rather than an independent and free nation. Hence my warnings about how far we can take this under the traditional political system.

    Old Bob

  24. Anonymous says:

    We must all take action. Have tshirt and hats printed that have sayings that cannot be considered threatening. Examples: Principles over Politics or Conservative values are now America Values. WE need to get unchained from the connection between bush and conservatives. I read and article that stated this and the republicans need to overcome by drilling in to the public that the new republicans are NOT bush rather the new American values. Start calm gatherings with decent signs. WE dont want to be like the democrates and stoop to their level. Start driving the idea that we are good, we are considerate, we are decent and we have American values. Dont just sit there, we have to do something. Just remember, dont stoop to their level… keep it clean and professional.

  25. Anonymous says:

    The Socialist Party candidate for President of the U.S., Norman Thomas, said this in a 1944 speech:

    “The American people will never knowingly adopt socialism. But, under the name “liberalism” they will adopt every fragment of the socialist program, until one day America will be a socialist nation, with out knowing how it happened.” He went on to say: “I no longer need to run as a Presidential Candidate for the Socialist Party. The Democrat Party has adopted our platform.”-Norman Thomas

    “The difference between Democrats and Republicans is: The Democrats have accepted some ideas of socialism cheerfully, while republicans have accepted them reluctantly”-Norman Thomas

    Pass this on. . .

  26. Anonymous says:

    Am I the only one who is taking umbrage to this ? In his speech yesterday, the president said: “. . . each of US have to be responsible for THEIR actions . . .”.

    I might be wrong because English is only the fourth language I learned, but I seem to remember that “US” represents the FIRST person, plural (i.e. it corresponds to WE) while “THEIR” refers to the third person, plural (i.e. THEY).

    In other words he broadcast very loudly and clearly that in his mind this is a situation of US against THEM.
    It confirms exactly what Conservatives have recognized from his actions but that he has denied: that he sees his audience and his base as victims and that he will punish the rest of us for it.
    A proud Reagan American.

  27. Lisa says:

    Old Bob:

    You are starting to catch on. Do some research on the FED, the Council on Foreign Relations, and the World Bank. A great book to illustrate the damaging effects of the FED’s intervention is Meltdown, by Thomas E. Woods, Jr. Interestingly, the FED was created after another plan failed a couple of years before. The plan was created by very powerful men in a secret meeting in Jekyll Island. The FED started in 1913. The CFR around that time…both are very closely connected.

    What’s going on and has been for 100 years is that the very wealthy and powerful international bankers and industrialists have been moving the U.S. towards socialism and globalism on purpose. It’s about power, and the politicians are in on it as well. The FED is the domestic arm of this agenda, and the CFR is the foreign policy arm. The goal is complete power. Sounds nutty, I know. But we are starting to see these things playing out on the world stage and right here in America.

    The administration has no desire or intention to “heal our economy”…to the contrary! If “capitalism fails”, it gives them the excuse to completely nationalize everything (which as you know is happening this very minute).

    Read Meltdown…it makes everything crystal clear!

    I am 44 and have 3 kids and a husband. We are starting to develop a family plan for what is to come. And it is not going to be good. Sigh…

  28. suek says:

    >>Just remember, don't stoop to their level… keep it clean and professional.>>

    You know…that's what Repubs _have_ been doing. It might not work. You can't win by taking a knife to a gun fight. The problem is that we may be approaching a point when we better arm ourselves with _real_ weapons.

    Our forefathers dumped the British tea into the harbor…that was not clean and professional. You don't want to go off half-cocked, but you better be ready when the time comes. The trick is to know the _right_ time.

  29. Anonymous says:

    Good morning, Lisa.

    Well, that makes two of us who see this as a problem that goes far beyond domestic politics, hence my concern that we can solve it through domestic politics-as-usual.

    And BTW, my copy of “Meltdown” has been shipped from Amazon, so I did take your (and many other’s) advice to read it.

    You might want to also take a look at the “Builderberg Group”. I believe this is the “forum” that Obama attended the day that he disappeared from the campaign plane. Now, if that is all above-board, why the secrecy?

    Early in my working career, I learned that, if I really wanted to solve a problem, I had to dig deep to find out what was really going on. Otherwise, I would waste valuable time trying to fix problems that turned out only to be symptoms, not the source of the problem. If we do not identify the source, we will never be able to make the correct decision on how to solve the problem.

    The “problem” in Germany that grew out of the mind of Hitler and fed on virtually world-wide hatred, or at least antipathy towards, the Jews was eventually solved, but look at the cost.

    You are wise to make “worst case scenario” plans for your family.

    Old Bob

  30. Anonymous says:

    Here is how I see the bailing out of my neighbor with the extra bathroom…if I’m paying for it, by gosh, I oughta be able to use, eh?

    And, they can laugh at Rick all they want…as reported Rush today…and that’s fine. I’d say laugh at me all you want, but remember an American mantra…”Don’t tread on me”! (We have rights, fellow Americans. When they laugh at Rick, they are laughing at most of us out there…and we have rights. Please keep fighting for them!!! Who cares if they try to discredit any disagreement? I’m sure the Brits thought our militia was rough around the edges, but they were the dummies in pretty red uniforms lining up in perfect formation, huh?” Okay, so keep up the verbal outcry! Write, call, protest, speak-out, and do not be intimidated by racial accusations, discrediting attempts (per Rush about “poor little Rick”…and don’t forget Sarah, Joe the Plumber…or anyone else who “goes off the reservations” as Rush says…watch Glenn Beck today if you can…it’s suppose to be very informative…we’re in this together!

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