"A government big enough to give you everything you want, is big enough to take away everything you have"
Thomas Jefferson

Thursday, July 10, 2008

Obama Sweetheart Mortgage?

The Hill is reporting a complaint has been filed on a possible sweetheart mortgage deal from Northern Trust for his $1.65 million house with six bedrooms, four fireplaces, a four-car garage and 5 1/2 baths, including a double steam shower and a marble powder room along with a wine cellar, a music room, a library, a solarium, beveled glass doors and a granite-floored kitchen.

Read it here

The Washington Post has more detailed report here
Obama paid no origination fee or discount points, as some consumers do to reduce their interest rates.


Anonymous said...

nice work, iv. now that you've decided to go after the candidates' financial backgrounds from your uniquely "independent" point of view, i'm sure we're just minutes away from hearing your take on the mccains' 10-some-odd houses and their $50,000 of credit card debt.

i don't believe for a second that you sell flowers in real life. i've got you pegged as a farm hand -- you're just too good at shoveling sh*t.

Anonymous said...

Don't forget that it took four years for LaJolla to catch up with the McCains and collect back taxes.

Anonymous said...

Just in...Republicans attack Obama's purchase of a house containing a library and a solarium as excessive...claiming that they have managed to get by for years with just a Bible and the scope of their rifle.

PCS said...

Well, I guess this sweetheart mortgage deal will allow for 4 years of Republicans investigating and hounding President Obama. Now we know what Presidents need to stay away from - lying about consensual sex and sweetheart mortgages. Lying about war, torturing prisoners, illegal wiretaps, all those things are just fine and dandy (although probably not if you are a Democrat).

Anonymous said...

Mortgages are for sissies. He should have done what Republicans do. Just trade a few favors for a new house.

Anonymous said...

People with very good credit ratings get these kinds of deals, Scott. I suspect you know that, but again, because of your lack of intellectual honesty with your readers, you chose to imply otherwise.

I wish you had read the articles you linked to in their entirity. You just look silly posting stuff like this.

Any news on McCain's mortgage package??? Oh, that's right, his heiress wife bought their multi-million dollar HOMES.

Funny...no mention of that here.

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