Let's put the latest installment of Obammunism in perspective:
1. For several decades HUD, the Fed, The Comptroller of the Currency, the Office of Thrift Supervision, the equal housing laws, Congress, and every tentacle of government involved in housing forced, bribed, and coerced mortgage lenders to make trillions of dollars in bad loans to unqualified or "subprime" borrowers, promising them that the risk would be wiped away by Fannie and Freddie when they purchased and "securitized" the bad loans. The Community Reinvestment Act was just one part of this scheme.
2. This was all part and parcel of an underhanded or underground attempt to implement one plank of FDR's plan for socialism in America known as his "Economic Bill of Rights" ("Every family has a right to a decent home" -- at someone else's expense).
3. Now that thousands of these bad loans have defaulted, the advocates of Obammunism have not given up: The latest scheme is to tax the 93% of Americans who make their mortgage payments to keep these deadbeats in homes they still cannot afford. Renting is not an option, for some reason. It's the "right" of these parasites to live at the expense of the more productive members of society, after all. The sainted FDR said so.