- Text smaller
- Text bigger
Like many of you, I watched the major networks call the election for Barack Obama with a sense of sadness.
Another four years of Mr. Obama in the White House.
But it only lasted a moment.
I thought back to a famous clip from an Obama rally in 2008, featuring an overly excited woman by the name of Peggy Joseph. Joseph could barely contain herself and called Obama’s ascendancy, “the most memorable time of my life.”
She went on: “It was a touching moment because I never thought this day would ever happen. I won’t have to worry about putting gas in my car. I won’t have to worry about paying my mortgage. You know, if I help him, he’s gonna help me.”
That Peggy Joseph is a black woman, and that black Americans voted to give Mr. Obama another four-year term with more than 93 percent of their votes (in 59 precincts in Philadelphia, Romney won zero votes) isn’t unexpected.
But what I find quite frightening is that Peggy Joseph might have been a prophetess, that in the excitement of Mr. Obama’s success in 2008, she may have foretold future policy enacted by the president.
Sure, most people viewed the Peggy Joseph video on Youtube (millions of people that is) and laughed away her declarations of having her gas and mortgaged paid by the new president as just another individual over-stimulated by Obama’s election.
But if you’ve paid attention to what the Obama administration has done since the inauguration, then you should know that Peggy Joseph is the prophetess for the socialization of the United States of America.
Since the 2008 election of Barack Obama:
- Food stamp usage has soared to an all-time high of 47 million people, with 15 percent of American using EBT cards. When Obama was inaugurated, there were 27 million people on EBT.
- Obama’s Department of Justice has declared war on banks that dared to give loans to minority borrowers at subprime rates (the only mortgage rates their credit score would allow them to receive) to the tune of making Wells Fargo pay $175 million to settle accusations of discrimination. In December of 2011, Bank of America agreed to pay $335 million amid allegations by the DOJ that Countrywide engaged in discrimination to potential borrowers, all because they were deemed “riskier” credit applicants.
- Remember the Obamaphone? It is part of a program called Lifeline Assistance started in 1984 (for low-income people to get landline telephone service). Beginning in 2008, the service was expanded to cell phones. If you pay for your cell phone, you help subsidize this program. One million people use this service in Ohio alone, costing the state nearly $100 million a year. It’s estimated that nationwide 16.5 million use the service, an increase of 43 percent in the past year.
For those of us who save money, pay our bills on time to ensure our credit score (and ability to borrow) remains high and work hard, well, just remember what Peggy Joseph said back in 2008.
She is a prophetess.
Don’t believe me? Read this from Investors Business Daily – “Obama To Unleash Racial-Preferences Juggernaut” – which outlines the truth of Peggy Joseph’s prophecy:
“Already, Attorney General Eric Holder has used the club of disparate-impact lawsuits to beat almost $500 million in loan set-asides and other claims out of the nation’s largest banks.
“In addition to the financial settlements – which include millions in funding for affordable-housing activists – Bank of America, Wells Fargo and SunTrust have all agreed to adopt more minority-friendly lending policies. …”
“For the first time, the nation’s consumer credit reporting agencies, including Equifax, Experian and TransUnion, will come under federal review. CFPB examiners will subject these companies and others to an ‘effects test’ to make sure credit transactions are racially balanced.”
When Barack Obama was re-elected on Nov. 6, 2012, I was momentarily sad for my nation; then, the only reaction I felt was anger.
Those Americans who are hardworking and believe that less government intervention and involvement in their lives is the surest way to prosperity (both individually and for the community at-large) were defeated by a voting base that believes the exact opposite.
As stated before, we all laughed when Peggy Joseph made her proclamations of a future without a mortgage payment. But today? It looks more and more like those gas payments are only a few months away.