Obama Will Crash The Economy Before He Leaves Office

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• published: 15 Apr 2016
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The panicked elite are buying up underground bunkers and/or fleeing to parts unknown as all indications point towards a collapse that will in the words of Economist Peter Schiff be the Earthquake that follows the 2008 tremor. The Chicago Tribune reported that "About 3,000 individuals with net assets of $1 million or more,” left Chicago in the last year alone due to the exploding climate of unrest growing in the City of Chicago. The writing is on the wall. President Obama in concert with his puppet master George Soros have been turning up the heat on the deteriorating conditions resulting from the United States and the EU’s strategic collapse of the global economy for the last 7 years. The Wall Street journal reports that the largest Coal company in the United States has filed for bankruptcy, an event that will result in energy costs that will sharply rise on the American middle class like they have in Germany. Germany’s energy policies have gradually doubled the average industrial cost per kilowatt hour as clean and renewable energy can’t carry the load…literally. Last week Obama began pushing for housing lenders to offer home loans to people with bad credit. What better way to push the economy over the edge than to repeat the same 2008 nightmare. By 2014 Investors had already begun to notice another government fed subprime housing bubble growing. Investor’s Business Daily wrote in January of 2014 "What stoked housing inflation was federal housing policies designed to boost home ownership among low-income and minority borrowers. In 2008 the bubble burst, wiping out trillions in wealth. Today it’s forming again. Between 2011 and the third quarter of 2013, housing prices rose nearly 6% — triple the increase in rental costs, Wallison says. “Both this bubble and the last one were caused by the government’s housing policies,” Wallison said in a New York Times column. Low down payments — a mere 5% at Fannie and Freddie and just 3.5% at FHA — are fueling the bubble.. Dodd-Frank was supposed to prevent another bubble. But new qualified mortgage rules don’t require a minimum down payment for borrowers in 2014. The country has been misled about “financial reform.” Infowars has called for Obama’s impeachment on numerous occasions. To no avail, his supposed lame duck presidency heading into the end of his term has been tremendously underestimated. Join me for part two of this report documenting the growing threat that Americans are nothing less than under a full New World Order attack aided and abetted by the Executive branch of the United States. Help us spread the word about the liberty movement, we're reaching millions help us reach millions more. Share the free live video feed link with your friends & family: http://www.infowars.com/show Follow Alex on TWITTER - https://twitter.com/RealAlexJones Like Alex on FACEBOOK - https://www.facebook.com/AlexanderEmerickJones Infowars on G+ - https://plus.google.com/+infowars/ :Web: http://www.infowars.com/ http://www.prisonplanet.com/ http://www.infowars.net/ :Subscribe and share your login with 20 friends: http://www.prisonplanet.tv http://www.InfowarsNews.com Newsletter Sign up / Infowars Underground Insider : http://www.infowars.com/newsletter