Running and Triathlon Coach

With the mindset of wellbeing, inside and outside. Health, nutrition and awareness are the pillars of this blog.

Thursday, September 1, 2011

Congress Giving Millions of Foreclosed Homes To Wall Street Slumlords

'Great news, everybody: After deliberately failing to help millions of American families stuck in vulture mortgages, the U.S. government is now giving those foreclosed homes to Wall Street for pennies on the dollar so that Wall Street can then rent the now-vacant foreclosures back to the same people pushed out during the Wall Street-caused housing bubble collapse.

Wall Street stands to make an immense profit by becoming, overnight, the "largest improved real-estate owners in the world." Who says capitalism doesn't work, with a little help from the government by taking away the property of the working class and giving it to billionaires who pay no taxes? Who says that?'

http://wonkette.com/451867/congress-giving-millions-of-foreclosed-homes-to-wall-street-slumlords

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