Obama's Stimulus allows a 4 year old to buy his first home

[CrusaderFrank]

You have to admire the lengths Obama will go through to piss our money away in order to "Stimulate the economy" If it's not having his old client ACORN set up brothels to pimp out underage Illegal Aliens and register to vote as Democrats, then it giving 4 year old a chance at the American Dream.

Four-Year-Olds Got Homebuyer Tax Credits, U.S. Says (Update5)

By Dawn Kopecki

Oct. 22 (Bloomberg) -- Children as young as 4 years old received first-time homebuyer tax credits as the U.S. failed to adequately screen filings, a Treasury inspector general told lawmakers today.

“Some key controls were missing to prevent an individual from erroneously or fraudulently claiming the credit and receiving an erroneous refund of up to $8,000,” Treasury’s J. Russell George told the House Ways and Means Committee’s oversight panel."

Four-Year-Olds Got Homebuyer Tax Credits, U.S. Says (Update5) - Bloomberg.com

 

[CrusaderFrank]

Oh, this is the same government that is testifying today that they should have more control over our Capital Markets

 

[LibocalypseNow]

I'm just glad that things have changed so much in our Government after all those wonderful Government Bailouts. Yikes! Barney Frank,Chris Dodd,and Ben Bernanke are still running things so i just can't understand why so many actually believed that anything would change. The same corrupt dunces who destroyed our Economy are going to be the same dunces to fix it? Wow talk about the gullible masses. They're simply repeating all the same mistakes they made when they caused this economic meltdown. This is just another sad example of this. How sad.

 

[CrusaderFrank]

Congress need more control over our Capital Markets only because American has become depressed and suicidal

 

[Oldandtired]

Just watch...this will be spun as a breakdown in the lending industry as it was up to the loan agnet to ensure the buyer was legit.

Then it will be siad that the lending industry is capitlizing on the generosity of the governemnt and not screening home buyers properly....and the country will once again hate an industry...and Obama will come out squeaky clean.

This "teflon" administration is getting old with their "we never make mistakes and it is everyone elses fault"

Interesting...everyone elses fault....didnt I hear that people were called VICTIMS for lying on their mortgage applications and signing them attesting to the validity of the information.....information that was made up as they knew they were no income check mortgages?

People that lie on an afidavit are victims????????

 

[CrusaderFrank]

Let's see who the Obama 2 minute Hate blames for this:

Greedy bankers!

Boooooooosh! We Hates him! He stole the precious Florida Election!!!