Obama’s Homeless Woman Is Actually Real Estate Investor

[Hereford]

While I don't know Henrietta's position in life, I want to point something out.

Just because someone drive a mercedes or wears designer clothing doesn't mean they are flush with $$$.

I don't agree with very much of what Jag says, but this is spot on.

What people drive around in or the size of their tv means nothing. People out here put BMWs and 60K pickups on credit. I know people who make 500/wk gross who have 52" High Def in their apartment.

[Hereford]

Yes, I can see where some are in that situation and that sucks...but the more common senario is someone with limited resources buyting materialistic items and over extending themselves with a lack of financial discipline.  Many (of course not all) down and out people have a history of bad decision making.

Another astoundingly correct statement.

A lot of 'poor' people have had numerous opportunities and life subsidies from various sources, but never seem to learn from their continuous mistakes.

And why should you if there is always going to be someone there to bail you out? It's like the obnoxious rich kid who does the same stupid shit over and over again...

[Soul Crusher]

Did your assets not appreciate in value due to the rampant speculation in the market by Real Estate investors?
Infact, I'd say your purchase of the apartment was a speculatory RE investment in itself, as will your "next deal"

You're just like Henrietta, ...you just had a different outcome... for now. 

Of course it was, but it was within my means under any scenario.  Even if my buisness closed i could afford the payments for years with what I have in bank, even now.

Speculation is not a bad thing so long as you are prepared to take the loss.  

[24KT]

Of course it was, but it was within my means under any scenario.  Even if my buisness closed i could afford the payments for years with what I have in bank, even now.

Speculation is not a bad thing so long as you are prepared to take the loss.  

What happens if your bank fails and you lose all your money?

[Soul Crusher]

What happens if your bank fails and you lose all your money?

Then, I am glad I got the guns, ammo, prep, and everything else  cause all hell will break loose.

[24KT]

Then, I am glad I got the guns, ammo, prep, and everything else  cause all hell will break loose.

{LOL}

[Soul Crusher]

{LOL}

No 1.  I dont keep everything at one bank just in case   

Serious, if all the banks fail and everything gets wiped out, money will be worthless anyway and that will be the least of my problems.

[Hereford]

No 1.  I dont keep everything at one bank just in case   

Serious, if all the banks fail and everything gets wiped out, money will be worthless anyway and that will be the least of my problems.

Ya, food and guns will be the new currency.

[Soul Crusher]

Ya, food and guns will be the new currency.

I am overweighted in no. 2 right now.

[shootfighter1]

Good thinking.  If you have more than 100K you should have separate accounts at different banks.
If the banks really fail, the whole country goes down.  Not in a recession like this, more like the 30s or worse.

[Hereford]

I am overweighted in no. 2 right now.

I'll trade you for a tenderloin and three goats.

[Soul Crusher]

I'll trade you for a tenderloin and three goats.

Ha ha.  You want rifle, shotgun, or a handgun?

[Hereford]

I'll take a Griffin if you have one of those.

I'll need that to kill the aliens at DIA, Duke Nukem style...

[Soul Crusher]

I'll take a Griffin if you have one of those.

I'll need that to kill the aliens at DIA, Duke Nukem style...

Like Phil Gramm said when asked how many guns does he have:

"More than I need, less than I want"

[George Whorewell]

lol- this remind me of Congressman Anthony Weiner in NY- Who posed with a woman in a nonsensical attempt to deomnstrate how Bloombergs welfare/ foodstamp policy is hurting new yorkers. He characterized her as a sympathetic figure. Then he found out she did 4 years in prison for killing two priests in a car accident while she was high on angel dust.  I am not exagerating btw.  

[Soul Crusher]

lol- this remind me of Congressman Anthony Weiner in NY- Who posed with a woman in a nonsensical attempt to deomnstrate how Bloombergs welfare/ foodstamp policy is hurting new yorkers. He characterized her as a sympathetic figure. Then he found out she did 4 years in prison for killing two priests in a car accident while she was high on angel dust.  I am not exagerating btw.  

That is because LIBERALISM IS A MENTAL DISORDER. 

[George Whorewell]

And with regard to what Jaguar said, you are epitomizing a stereo type associated with black people in this country-- being hood rich. Although I will say, people of every ethnicity are guilty of this stupidity.

You've got great clothes, a nice watch, good car, jewlwery, a sidekick, a blackberry- You get haircuts every week and constantly go clubbing, you go on vacations etc.- But your unemployed and live in the projects, or your 30 and still live with your parents.

You might not be flushed with money, but your priorities with money are definetly out of whack- If you have money for all those things and cant afford to pay your mortgage, you dont deserve the tax payers help IMO.

[SAMSON123]

Obama’s Homeless Woman Is Actually Real Estate Investor

We all know them. People that abuse the system. People that work a few months of the year, just long enough to qualify for unemployment, and then jump on the unemployment bandwagon. Those that get food stamps to support their families despite being able bodied, often educated and capable of work. And, of course, the people that work “under the table” while receiving government aid intended for the truly needy.
We all certainly know the idiots that post on this board. First off unemployment is based upon your salary and time with a company. One can not work a few months and then QUIT and go on unemployment. A employee would have to be terminated with good reason to collect unemployment and since it is salary and time based a person given your method would be luck if they collected a hundred dollars per week before the taxes were taken out....hardly money to live off of.Now I will tell you what I do know and that is for many decades there has been CORPORATE WELFARE in america that has given away hundreds of BILLIONS of dollars every year to companies like General Electric, Westinghouse, Dupont, general Motors, Ford, Chrysler, etc etc etc. These companies had no need or reason to receive such WELFARE yet they unashamedly did so and not a single american spoke up about it. It has always struck me as weird that such corporate greed goes unspoken yet if a poor individual DARES ask for bread they are CRUCIFIED by the masses...explain the logic???

One such image sticks in our minds from a visit last year to a local softball game. Across the street was a truck distributing food for the needy. A brand new Mercedes pulled up and out popped a couple that walked over and jumped in line. How someone driving a $60,000.00 car qualifies for free food is beyond our imagination, but somehow these people find any way they can to abuse the system.
In america corporate jets showed up carrying the auto industry CEOs to Washington to receive BAILOUT MONEY...WELFARE...and they again where unashamedly arrogant in not only coming in jets, but defended their means of transport when they were questioned about it......Maybe you should direct you anger in that direction

During Obama’s campaign to promote his stimulus package, he staged an event with a woman, Henrietta Hughes, who, as it turns out, appears to be anything but truly needy. Henrietta was given an audience with Obama to beg for a home. When aid was provided via the offer of free rent by an opportunistic politician, the liberal press spouted that Henrietta was actually given a free home and implied it came from Obama. The lie has propagated through the liberal media and, quite honestly, it nauseated us because it was so obviously staged and such a distorted lie. Well, as it turns out, the lie didn’t end there.
I saw this on CSPAN and Henrietta did NOT beg for a home but expressed that she was homeless. President Obama said someone from my staff will be in contact with you to help you if possible. Another agency said it had a house to give to the woman....At NO TIME DID OBAMA GIVE THE WOMAN A HOUSE OR SAY TO HIS STAFF TO GIVE HER A HOUSE

As is often the case with such lies, more information seems to shortly rise up from the darkness to expose the truth.  This situation is no different and new information about Henrietta has come to light. It appears that the desperate homeless woman owns real estate she shifted into the name of her son to avoid taxes and acquire government aid. Apparently, Henrietta is the teacher and Tom Daschle is just a student. Henrietta also apparently sold real estate at a significant profit in 2005. Henrietta has now become the poster child the Democrats wish to use to justify the massive expense of helping the chronically unemployed, not-so-needy and not-at-all-homeless.
In america well off whites have been for years "HIDING THEIR MONEY" away from the government so they can get Medicaid, welfare, Medicare etc etc...Off shore accounts, Swiss accounts and accounts in banks in israel are all too well known for hiding money to evade taxes...is this any better or worst that what you say this woman did???

In the spending package forced through by Democrats and signed into law by Obama, there are extensions of unemployment benefits. We believe that the government is better off extending unemployment only for those that are recently unemployed, not those unemployed annually for years, or decades.  We also believe that if the government cannot properly verify actual need, they should stop programs intended for the needy until they can. That would save funds which can be used for programs that actually help America as a whole, not just the unscrupulous. We also believe that if Obama himself cannot discern between this woman and a real homeless person, he shouldn’t be expecting government will actually give our tax dollars to the truly needy when the not-so-needy will grab it first.  So much for the myth of Robin Hood.
Unemployment does not run annually or for decades..it is 26 weeks and only because of the horrendous unemployment in america (well over 20 percent) did the american government have to extend unemployment to try and keep a lid on violent protest, riots, crime and chaos...I am always surprised by the number of people who live in america that have no idea what america is really about or what is really going on and why in ameriac.

http://theliepolitic.com/2009/02/obamas-homeless-woman-is-actually-real-estate-investor/

[24KT]

And with regard to what Jaguar said, you are epitomizing a stereo type associated with black people in this country-- being hood rich. Although I will say, people of every ethnicity are guilty of this stupidity.

You've got great clothes, a nice watch, good car, jewlwery, a sidekick, a blackberry- You get haircuts every week and constantly go clubbing, you go on vacations etc.- But your unemployed and live in the projects, or your 30 and still live with your parents.

You might not be flushed with money, but your priorities with money are definetly out of whack- If you have money for all those things and cant afford to pay your mortgage, you dont deserve the tax payers help IMO.

Who is perpetuating a sterotype?

[Dos Equis]

No 1.  I dont keep everything at one bank just in case   

Serious, if all the banks fail and everything gets wiped out, money will be worthless anyway and that will be the least of my problems.

You should look into Treasury Direct. 

Re the story:  outrageous if true. 

[George Whorewell]

ME SAMSON KNOW ECONOMIC HESTORY WHITEY BAD MAN ARRGGGHHHGHHHHH!!!!!!


Jaguar, I was referring to this statement- Just because someone drive a mercedes or wears designer clothing doesn't mean they are flush with $$$.

[Soul Crusher]

ME SAMSON KNOW ECONOMIC HESTORY WHITEY BAD MAN ARRGGGHHHGHHHHH!!!!!!


Jaguar, I was referring to this statement- Just because someone drive a mercedes or wears designer clothing doesn't mean they are flush with $$$.

There is a racist phrase I will not use for that, but it goes for everybody.

Where I live, both Scarsdale and Bronxville are about five minutes away.  The "wealthy" live there.

I have heard stories about a lot of these wall streeters who have recently lost their jobs, yet have no savings. 

They wasted everything on vacations, fancy clothes, etc.

Unreal. 

 

[24KT]

Jaguar, I was referring to this statement- Just because someone drive a mercedes or wears designer clothing doesn't mean they are flush with $$$.

I see. Just so you are aware, the couple I referred to was not perpetuating a stereotype of any kind.

They literally lost everything. Their income went from between $50 - $75K per month, ...with some months even as high as $100K, down to a $6K per month expense account, that they had to spend in order to collect. They were able to keep their mercedes' because those were leased, qualified as a business expense, and were covered by the expense account, ...or they would have been walking the heels off of their designer shoes. Their cars were covered, ...but nothing else was. And they couldn't unload their properties. Other than the solid gold, ruby, and diamond encrusted limited edition Rolex he had bought her, they weren't very flashy at all. They pawned the rolex, ...and thank heavens were eventually able to get it back again. That was one nice watch! 

In other cases as well, it's not a case of perpetuating a sterotype.
If one's fortunes change abruptly, is one expected to sell their clothing... what will they wear?

[George Whorewell]

Well Jag- thats why you declare bankruptcy and keep your stuff under chapter 13 or liquidate your assets under chapter 7.

I can sympathize with ppl who fall on hard times, but luck is as much a part of success in life as anything- which is why its unwise to blow too much $ on luxury stuff. You never know what tommorow brings- 

[24KT]

Well Jag- thats why you declare bankruptcy and keep your stuff under chapter 13 or liquidate your assets under chapter 7.

Chapter 13 and chapter 7 are US laws. US laws don't really apply in Canada.
In Canada, you have to sell ALL your shit before you can declare bankruptcy.

I can sympathize with ppl who fall on hard times, but luck is as much a part of success in life as anything- which is why its unwise to blow too much $ on luxury stuff. You never know what tommorow brings- 

It was the luxury stuff that saved their bacon. They were able to sell their artwork, for cash, and pawn that rolex.