All tagged Global Markets Editor

$260 billion swiped from investors to prop up Obamacare

Obama stole $260 billion from people who invested money in federal mortgages called Fannie and Freddie Mae. The theft was done through a technique called a "Net Worth Sweep" of cash or profit. Without continuous monthly subsidies, all approved by Congress, Obamacare would collapse. This theft was confirmed by Steven Mnuchin, U.S. Secretary of the Treasury. It started in January 2008. It finally stopped this year.