Has Barack Obama and his White House staff used "extortion" to have his way with homeowners who are being foreclosed upon?
According to 18 USCA 1951 - The (Federal) Hobbs Act(2) The term ''extortion'' means the obtaining of PROPERTY from another, WITH HIS CONSENT, induced by wrongful use of actual or threatened force, violence, or FEAR, or under color of official right.
When Barack Obama required that homeowners fall behind 3 to 4 months on their home mortgage payments BEFORE THEY COULD EVEN APPLY FOR HAMP (Home Affordable Mortgage Protection), a process called parallel foreclosure would kick in that accelerates the foreclosing proceedings upon that HAMP applicant.
It is a loose technicality to say that Barack Obama did not mandate parallel foreclosure personally, so therefore he is free and clear of Federal Hobbs Act violations. Barack Obama LURED homeowners into HAMP, and to apply for HAMP required applicants to be subjected to Parallel Foreclosure.
For Barack Obama to be extricated from Federal Hobbs Act liability, he and his staff would need to first claim under oath that parallel foreclosure was never discussed in all of those meetings at the white house with bankers.
But besides denying the discussion of parallel foreclosure, Barack Obama and his staff would have to prove that they were COMPLETELY UNAWARE of parallel foreclosure FOR THE PAST YEAR AND HALF, and once again, do this under oath as well.
I have known about parallel foreclosure for approximately a year now.
Is it feasible that Barack Obama and his staff are STILL unaware of parallel foreclosure?
If Barack Obama and his White House staff knew about parallel foreclosure, knew that banks were imposing parallel foreclosure as a precursor to HAMP eligibility, yet continued to promote HAMP; are they not in violation of the Federal Hobbs Act?
Once Barack Obama took the microphone and publicly took credit for HAMP, he became subject to Federal Hobbs violations.
According to 18 USCA 1951 - The (Federal) Hobbs Act(2) The term ''extortion'' means the obtaining of PROPERTY from another, WITH HIS CONSENT, induced by wrongful use of actual or threatened force, violence, or FEAR, or under color of official right.
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