The fact that Barack Obama is a douchebag should come as no surprise to anyone; never before has a scripted puppet come so far without a serious challenge. But this week word got out that he, along with several other Democrats, got a sweetheart deal on a home loan for his million dollar mansion. Now, just to be clear, we don’t begrudge him and Michelle a nice house, they’ve made a lot of money, though most of her contribution came after he secured a million dollar earmark for her employer, oddly more than doubling her salary after that (hmm), and his money started rolling in once he was elected through book deals, which is also odd. But we don’t begrudge them making money, they just don’t seem to want others to. They’re both telling audiences to avoid working in the corporate world, to go into public service and activism. Now, unless you’re working for a sham organization or the head of some group, you aren’t going to make a very good living taking that route, but whatever. If you’re dumb enough to take career advice from a self-absorbed couple like the Obamas you get what you deserve.
Yet, while that contributes to Barack being a douchebag, that’s not why he won this week. He won this week, as we said, because of strange yet lucrative mortgage deal he managed to secure for his mansion, which we’re certain is more house than he needs and is, therefore, contributing to global warming.
He cut a deal somehow with his bank to save about $300 per month by getting an interest rate lower than other people could, then his spokesman came up with a blatant lie to attempt to cover it up. Here’s what the spokesman said:
Obama spokesman Ben LaBolt said the rate was adjusted to account for a competing offer from another lender and other factors. “The Obamas have since had as much as $3 million invested through Northern Trust,” he said in a statement.
While that is more than enough for the in the tank, on the payroll hacks at Huffington Post, the facts get in the way a bit of this good “they dumped a lot of money into that bank” story. See, they dumped that money into the bank AFTER they got the deal because they didn’t make it until AFTER they got the deal. No bank in the world is going to give you a great rate because you MIGHT or even probably will make a ton of money in the future. Your credit rating and what you qualify for as far as loans go are based upon the past and present, not the future.
Obama can’t explain this away, just like Chris Dodd can’t explain away why he got a sweetheart deal you couldn’t get while writing a bill to bail out the mortgage industry with your money, a bill Obama supports.
This double standard is why Barack Obama is the Douchebag of the Week, and we didn’t even have to consider the fact that Tony Rezko’s wife bought and then sold to the Obamas the empty lot next to their house because it was to be a package deal. That’s convicted felon Tony Rezko, Obama’s long-term friend that he now claims to have very little knowledge of.