Obama Illegally Funded Obamacare & Defied Congress

Litigation in federal court has revealed evidence that the Obama administration illegally diverted profits confiscated from Fannie Mae and Freddie Mac to pay the Obamacare insurance subsidies that Congress forbade him to fund with a new tax. The US Treasury bailed out the government-sponsored companies for $187 billion during the mortgage crisis in 2008 and Obama put the two mortgage giants into conservatorship. He illegally diverted the profits from Fannie and Freddie, cutting out the private investors, to fund Obamacare. These are private mortgage companies that were supported by the federal government to make mortgages available to Americans at the lowest possible cost, but they were, nonetheless private companies funded by private investors. In this interview, financial analyst, Jerome Corsi, says that the effect of this action was that the government stole billions from mortgage investors and used it to bail out the failing health-care program. Corsi says that Obamacare was rigged to fail so the government would have an excuse to take over the entire health-care industry in the name of helping the people. -GEG

Related Post

Recent stories & commentary


Geoengineering and ‘Chemtrails’ Are Described in Mainstream Media As Highly Dangerous But Necessary To Combat Global Warming

Mainstream media is presenting geoengineering and ‘chemtrails’ as potentially disastrous to the Earth, but that the risk is warranted in order to combat global warming. The intended message of that statement is that, it makes no difference if the sky is sprayed or not. In either case, we already are in a test – so relax and be grateful for chemtrails. […]


‘America’s Lawyer’ Mike Papantonio Accuses Monsanto Of Lying and Creating False Studies on the Safety of It’s Roundup-Ready Pesticide

Mike Papantonio, known as America’s lawyer on the Ring of Fire radio show, will join 700 other litigants suing Monsanto for the cancer hazard created by its pesticide product, Roundup Ready. Papantonio says the company falsified data and attempted to discredit legitimate research on the dangers of Roundup Ready. […]


Was James Comey Caught Committing Perjury?

Former FBI Director, James Comey, told the Senate Judiciary Committee on May 3, 2017, that he was never told to stop an investigation due to political reasons. This is in direct contradiction to his statement last week that President Trump pressured him in February to stop the investigation of Michael T. Flynn. […]


Library’s Story Hour for Children Is Hosted by Drag Queens

May 18, 2017 AP 0

A Brooklyn library is employing drag queens as story tellers for children. You have to see this to believe it. Pay particular attention to the admiring expressions on the faces of children as they respond to the cross dresser who is hosting the event. Paid for by tax dollars, of course. […]

Visit our Classified ads.

Check out our Classified ads at the bottom of this page.


List your service, product, or request here and reach our informed and motivated readers each month. Ads with greatest seniority appear at the tops of their listings. New ads carry a pointer during their first month. For rates and terms, click here. The appearance of ads on this site does not signify endorsement by the publisher. We do not attempt to verify the accuracy of statements made therein or vouch for the integrity of advertisers. However, we will investigate complaints from readers and remove any message we find to be misleading or that promotes anything fraudulent, illegal, or unethical.

Leave a Reply

Be the First to Comment!

Notify of