#2 in the Model Home Series

Over at Right Wing News, the inmates are chittering and gibbering over the shocking scandal of Obama's mortgage. I liked this part the best:

See, the bank didn't really treat him an differently than anyone else... They just consider the occupation of United States Senator the same way they would, say, dog-catcher, or airline pilot.

If a dog-catcher got a mortgage for a "$1.65 million restored Georgian mansion in an upscale Chicago neighborhood," I'd say that would be an actual scandal. Though, contemplating the practices of the mortgage industry over the past few years, that wouldn't be especially surprising, either.

As for the upshot of this sweetheart deal:

Compared with the average terms offered at the time in Chicago, Obama's rate could have saved him more than $300 per month.

Egads! On top of the terrifying revelations about Obama's parking tickets and his naughty e-mails, I'd say he's toast. It's not like he's done anything minor and excusable, like forgetting to pay property taxes on a condominium, after all.

UPDATE. Nobody does it like Mac Ranger:

No doubt he would say, “It was a bonehead move”, like with Rezko.  But how many bonehead moves does it take before we let him play with a Nuclear Football?

Getting a good mortgage = likely to nuke The Heartland. Good one.

Comments

"$1.65 million restored Georgian mansion in an upscale Chicago neighborhood" is average for Chicago?

Jesus, these people.

[noblejoanie]

The Obamas had $3million on account with this lender. Getting favorable terms is what banks do when someone has that kind of money parked with them.

Obama is a rich. So is McCain, at least by marriage. While that fact might make some class warriors uncomfortable, the mortgage he got was not illegal.

[rea]

Obama is a rich. So is McCain, at least by marriage.

McCain, though, is several quantum levels richer than Obama--the McCains own 10 homes like this one of Obama's the right wingnuts are focused on. But McCain, of course, is just an ordinary guy.

[Pan]

The incessent meme/sneer of conservative commentators used to be, "If you're so smart, why ain't you rich?"

Now it's changed to, "If you're so idealistic, why ain't you poor?"

[Jemand von Niemand]

Meanwhile, in related news (as it involves right-wing shitheads and wealth), Rush Limbaugh signs shiny, pretty new $400 Million-Dollar Contract.

You know, that could build a lot of replacement residential housing for lower-income families in New Orleans; or fund subsidies for breast cancer and Alzheimer's research.

$400 Million could feed a large number of human beings, in sub-Saharan Africa, or even here in America, who are starving -- literally, starving. And most of them are children.

That this tubby, bloated, lying sack of shit receives more than minimum wage for anything he does is an obscenity. I'm sure the kids in Darfur and Ethiopia, and Cleveland and the South Bronx, will understand.

[Jemand von Niemand]

Or, there's this:

Sure, the hotelier and real estate magnate Leona Helmsley left $12 million in her will to her dog, Trouble. But that, it turns out, is nothing much compared with what other dogs may receive... Her instructions, specified in a two-page “mission statement,” are that the entire trust, valued at $5 billion to $8 billion and amounting to virtually all her estate, be used for the care and welfare of dogs...

[CatStaff]

Jermand, I can get a dog. You wouldn't happen to know where I apply for my portion of the Helmsley funds?

[CatStaff]

Sorry about fat-fingering your name, Jemand. One of the cats jogged my elbow. Er, um, I mean, one of the dogs, of course. One of the many, many dogs . . .