Tag Archives: fraud

Obama Robbed Investors To Prop-Up Obamacare

CONFIRMED: TREASURY SAYS OBAMA STOLE FROM FANNIE, FREDDIE INVESTORS TO FUND OBAMACARE

Docs reveal Obama defrauding mortgage investors

Via: | Infowars.com

WASHINGTON, D.C. – A careful analysis of the Treasury Department’s “Agency Financial Report for Fiscal Year 2013” provides evidence the Obama administration stole from Fannie and Freddie investors to fund Obamacare.

Guided by a CPA, who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac, Infowars.com has documented in the Treasury Department’s 2013 financial reports how the Obama administration diverted into Obamacare billions of dollars that Treasury confiscated from Freddie and Fannie earnings.

On Aug. 17, 2012, the Obama administration finalized the amendment of the Treasury Department’s Senior Preferred Stock Agreements with Fannie and Freddie that deprived private and institutional investors of their legally due dividend payments.

This enabled the Obama Treasury Department to confiscate billions of dollars in Fannie and Freddie earnings, in what is known as the “Net Worth Sweep,” or NWS.

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Globalists: Looting Your Pension Money

Kiss Your Pension Fund Goodbye

Martin Armstrong: 

William K. Black :

“Why have a totally fraudulent financial system? Dr. Black, who is an expert in white-collar crime, says, “It’s hard to make money with competition.  It’s really hard.  People who have never been in business don’t understand how hard real competition is.  Real competition makes it hard to prosper, but if you rig the system, it makes it easy.  The reward for rigging is phenomenal.  We are talking every year, hundreds of billions of dollars in bonus compensation.  It’s far more than their straight salaries, and it is going to folks that it wouldn’t go to them if they didn’t rig the system.  And, no one is prosecuted.  They don’t even give back the fraud proceeds, even when they catch them red-handed.”

This means that when banks donate to top candidates in both parties, they are donating fraudulent banker profits. So, both the political system and the financial system are based on fraud.  Can fraud destabilize the entire system?  Dr. Black, who is also a professor of both economics and law at UMKC, says, “Obviously, it is the worst possible thing to do in terms of stability.  The way you rig these things doesn’t just make you wealthy, it creates asset bubbles, massive asset bubbles, the biggest in history...”

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