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White House in Foreclosure, Obama to Run Nation from Motel 6
6/3/2011 8:52 AM Frank -
It was announced this afternoon that the Arab National Bank now owns the White House. The foreclosure comes as a result of the U.S. defaulting on a secret mortgage taken out by President George W. Bush while in office.
When contacted at his Texas ranch, Bush admitted to putting up the White House as collateral in 2003 to the bank, which is based in Saudi Arabia.
"Them sheiks over there in the desert had all kinds of money to loan me," Bush said. "I had two wars to pay for and the American people would've cried like babies if I raised taxes on them, I had no other choice."
According to Bush, the stress of moving out of the White House in 2008 made him forget to tell Obama about the loan.
"Man, I had Laura whining in my ear constantly while we packed our stuff," Bush said. "I meant to let Barack know, I guess it just slipped my mind or something."
Ahmed Hammoud, president of the Arab National Bank, said Obama, along with his wife and kids, have seven days to clear out of the residence.
"They had over two years to make a payment and they never did," Hammoud said. "Now the infidels.... Uh, I mean the Obama family, has one week to gather their belongings and permanently vacate the premises."
White House Press Secretary Jay Carney said Obama will now conduct daily operations from a Washington D.C. area Motel 6.
"A room there is all we can afford right now," Carney said. "Super 8 was an option too, but the TVs there don't have cable, just pay-per-view adult movies." - Return to Previous Page
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