Quantcast
Confirmed: Treasury Says Obama Stole From Fannie, Freddie Investors to Fund Obamacare

Confirmed: Treasury Says Obama Stole From Fannie, Freddie Investors to Fund Obamacare

Jerome Corsi | Infowars -- 

A careful analysis of the Treasury Department’s “Agency Financial Report for Fiscal Year 2013”provides evidence the Obama administration stole from Fannie and Freddie investors to fund Obamacare.

Guided by a CPA, who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac, Infowars.com has documented in the Treasury Department’s 2013 financial reports how the Obama administration diverted into Obamacare billions of dollars that Treasury confiscated from Freddie and Fannie earnings.

On Aug. 17, 2012, the Obama administration finalized the amendment of the Treasury Department’s Senior Preferred Stock Agreements with Fannie and Freddie that deprived private and institutional investors of their legally due dividend payments.

This enabled the Obama Treasury Department to confiscate billions of dollars in Fannie and Freddie earnings, in what is known as the “Net Worth Sweep,” or NWS.

The analysis begins with a table entitled “Summary Financial Information,” presented on page 26 of the Treasury Department’s “Agency Financial Report for Fiscal Year 2013.”

 

Continue reading... 

BREAKING AUDIO of Paul Ryan Emerges: ‘I Am Not Going To Defend Donald Trump-Not Now, Not in the Future’

BREAKING AUDIO of Paul Ryan Emerges: ‘I Am Not Going To Defend Donald Trump-Not Now, Not in the Future’

CNN "Loses" Feed (Again) While Trump Guest Drops Truthbomb On Obamacare

CNN "Loses" Feed (Again) While Trump Guest Drops Truthbomb On Obamacare