Socialism: System of social organization in which private property and the distribution of income are subject to social control; also, the political movements aimed at putting that system into practice.
When Mr. Obama gave his State of the Union address last Tuesday, he made this comment: “…And since the most important investment many families make is their home, send me legislation that protects taxpayers from footing the bill for a housing crisis ever again, and keeps the dream of homeownership alive for future generations of Americans.”
Mr. Obama pushed for the Dodd-Frank bill that was supposed to avert any future housing crises. Obviously it doesn’t and he knows it. The irony of Dodd-Frank is that both men for whom it is named had a hand in the housing collapse. Chris Dodd received a corrupt housing deal from Countrywide, a company that sold defective mortgages. Both Chris Dodd and Barney Frank pushed the banks to provide mortgages to people who could ill afford them under The Community Reinvestment Act.
An outline of Mr. Obama’s plan to social engineer housing in every neighborhood
Obama has a mortgage redistribution scheme. He wants to redistribute money from taxpayers to people with underwater homes in a principal reduction scheme. Taxpayers would foot the bill since the government doesn’t have any money of its own. Mr. Obama would like to make that US policy because he sees home ownership as a “right” to be financed by those who have more resources.
Mr. Obama has ordered the mapping of all neighborhoods across America, in every town and in every city, so he can redistribute the assets of wealthier neighborhoods to poorer neighborhoods, particularly into minority neighborhoods.
He is using a HUD housing rule which will set up a long-term plan for redistributing resources.
HUD plans to provide data for every neighborhood in the country listing the access minorities have to local assets such as schools, jobs, transportation,and other neighborhood resources that help bring people into the middle class.
The plan will then develop long-term solutions to help ‘people gain access to different neighborhoods,’…’channeling investments into under-served areas.’ The mapping tool may be used to guide development and zoning decisions as two examples.
It won’t make people productive but it will set up a system for stealing from those who are.
HUD has been giving tens of millions of taxpayer dollars to radical organizations such as LaRaza, The National Community Reinvestment Corporation, and the National Urban League, allegedly for mortgage counseling. Their counseling entails organizing people to protest and riot around banks, demanding loans for minorities even if they can’t afford them.
HUD, under Andrew Cuomo, is the organization that helped lead to the collapse of the mortgage market by forcing banks to give loans to those who couldn’t afford them.
‘Simplified mortgage disclosure forms’ are a cause for concern in New York. They are meant to classify the poor as a ‘protected class’ who do not have to release their financial records to banks. These forms have not yet been approved. How are banks supposed to give loans to people without the proper financial records? It’s bad enough that welfare counts as income now for the purposes of home purchases under some of these government plans.
Mr. Obama wants to control your personal home according to stringent environmental regulations. Under the banner of protecting Americans’ health, he is going to control every aspect of your housing, particularly housing for the poor through his ”Advancing Healthy Housing: A Strategy for Action.” It will also enable more subsidies and entitlements.
The healthy homes strategy sets five goals for reducing the number of substandard homes:
– Establish healthy homes recommendations (homes should be dry, clean, pest-free, safe, contaminant-free, well-ventilated, and well-maintained and thermally controlled);
– Encourage adoption of healthy homes recommendations (federal, state and local regulations);
– Create and support training and workforce development to address health hazards in housing (train people for new jobs in green energy and construction);
– Educate the public about healthy homes (advertising campaigns telling Americans how their homes ought to be)
– Support research that advances healthy housing in a cost-effective manner (taxpayer-funded grants to study the problem).
Not only is he going to tell you what you can or cannot do in your homes, he’s going subsidize his efforts to study it, control it, add entitlements, and penalize violations by the non-entitled, using your taxpayer dollars in the form of grants. Mostly it will be used to add entitlements and put more people on the government rewards program.
Any tax system implemented under Mr. Obama will be redistributive and will involve heavy taxation. We have already seen examples of both of these in ObamaCare.
His plan is to social engineer our environment and our housing using massive government bureaucracies. That’s not freedom, that’s tyranny.