{"id":32135,"date":"2009-04-09T01:01:01","date_gmt":"2011-05-19T02:30:40","guid":{"rendered":""},"modified":"2011-05-19T02:30:40","modified_gmt":"2011-05-19T02:30:40","slug":"bam_goes_into_the_loan_shark_biz","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/04\/09\/bam_goes_into_the_loan_shark_biz\/","title":{"rendered":"Bam Goes Into the Loan Shark Biz"},"content":{"rendered":"
\n

RUSH: This morning in Washington at the White House — this is the same press conference where a reporter said, ‘What about the Somali pirates, what about the Somali pirates?\u2019 ‘We\u2019re talking about housing today, guys, okay?\u2019 He declined to answer the question. This is the same meeting and here\u2019s what the teleprompter told him to say about housing and refinancing.<\/p>\n

OBAMA: There\u2019s seven to nine million people across the country who, right now, could be taking advantage of lower mortgage rates. We estimate that the average family can get anywhere from $1,600 to $2,000 a year in savings by taking advantage of these various mortgage programs that have been in place.<\/p>\n

RUSH: Don\u2019t fall for this.<\/p>\n

<\/a>OBAMA: You can go to MakingHomeAffordable.gov<\/a> —<\/p>\n

RUSH: Oh, no —<\/p>\n

OBAMA: — MakingHomeAffordable.gov, and the way the website is designed, you can plug in your information and immediately find out whether or not you\u2019re potentially eligible for one of these — one of these mortgage refinancings.<\/p>\n

RUSH: Folks, don\u2019t fall for this. It was just this week we had the story about people that accessed the first of these programs, and a lot of these people had payments go up, a lot of their payments went down so minimally they didn\u2019t notice it. It\u2019s not what happens, and it\u2019s not what he says, it\u2019s how he says it. So now there\u2019s a website, MakingHomeAffordable.gov. Obama\u2019s going to make your house affordable. And this is attempt number two. We just had the story it didn\u2019t work the first time. Now you can go there, and you can plug in your information, immediately find out whether or not you\u2019re potentially eligible for one of these mortgage refinancings. I\u2019ll go to this website. I\u2019m going to go in there, ‘I got a mortgage of $15 million, I\u2019ve got a down payment of $5 million, my bank is screwing me around, can I get help from you?\u2019 Just to see what happens. I wonder if the fields in there will take like a $15 million mortgage. I\u2019m sure there\u2019s a note for comments. ‘And, by the way, I hate the fact I can\u2019t deduct all of my interest on the mortgage like people who only make a hundred thousand dollars can. It\u2019s not fair, government.\u2019 And see if I get some fairness. Now, here\u2019s Obama warning all of you people who are going to go to MakingHomeAffordable.gov, don\u2019t be fooled by cheap imitations.<\/p>\n

OBAMA: I just want everybody who\u2019s watching today to know that if somebody\u2019s asking you for money up front before they help you with your refinancing, it\u2019s probably a scam. So take advantage of MakingHomeAffordable.gov, and that will allow you to figure out exactly how to proceed on this in a way that\u2019s making you money, saving you money, as opposed to costing you money.<\/p>\n

RUSH: Making you money? What is it, MakingHomeAffordable.gov, go in there and plug in your pathetic figures, listen to the administration\u2019s website tell you whether you qualify, but if anybody demands money up front — (laughing) — that\u2019s right, the government demands money all the time, at the end, from the front, from the rear, from the down, from the up. What do we got? We got scammers out there? Obama\u2019s admitting that there are scam artists in America now that he\u2019s president? They\u2019re going to take advantage of the people? Don\u2019t be fooled. (laughing) He realizes he\u2019s got competition. (laughing) He\u2019s in competition with the loan sharks.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: This morning in Washington at the White House — this is the same press conference where a reporter said, ‘What about the Somali pirates, what about the Somali pirates?\u2019 ‘We\u2019re talking about housing today, guys, okay?\u2019 He declined to answer the question. This is the same meeting and here\u2019s what the teleprompter told him […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nBam Goes Into the Loan Shark Biz - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/04\/09\/bam_goes_into_the_loan_shark_biz\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Bam Goes Into the Loan Shark Biz - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: This morning in Washington at the White House — this is the same press conference where a reporter said, ‘What about the Somali pirates, what about the Somali pirates?\u2019 ‘We\u2019re talking about housing today, guys, okay?\u2019 He declined to answer the question. 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