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Apr 20 2023

Biden to Punish Good Credit Scores and Reward Bad Ones

Democrat policies reward bad behavior and punish good behavior. Biden’s handlers push this to the point of parody by effectively fining homebuyers who have earned high credit scores so as to benefit those who don’t pay their bills:

A Biden administration rule is set to take effect that will force good-credit home buyers to pay more for their mortgages to subsidize loans to higher-risk borrowers.

Experts believe that borrowers with a credit score of about 680 would pay around $40 more per month on a $400,000 mortgage under rules from the Federal Housing Finance Agency that go into effect May 1…

Using the money to subsidize those with poor credit ratings will help to get people into houses they cannot afford, so as to reenact the mortgage crisis that swept Barack Obama into power.

The rules come as the housing market has struggled in the wake of multiple interest rate increases by the Federal Reserve.

The interest rate hikes are the inevitable result of crippling inflation, which in turn is the inevitable result of Democrats’ ongoing spending looting spree.

Those who have made sacrifices so as to achieve a high credit score expect to be rewarded for it. Under liberal rule, they will be punished.

You may have thought nothing could be more brazenly unfair than Biden et al. scheming to cancel student debt, so that working class Americans have to pick up the tab for useless moonbats’ gender studies degrees through inflation. However, Democrats will always manage to jab their finger even deeper into your eye.

It would be charitable to give liberals the benefit of the doubt by ascribing their opinions to the relentless indoctrination we are immersed in due to Democrat control of the media and schools. But a basic sense of fairness is innate to human nature. It beggars belief that anyone could be so brainwashed as not to understand that Biden’s policies are morally wrong.

Note that the War on Merit does not mean merely discarding merit in favor of identity politics. Democrats don’t ignore merit; they are actively hostile toward it.

On tips from THOUGHTCRIMINAL2084 and Varla.


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