Hillary Clinton Is Spending Today FUNDRAISING From BANKERS Capitalizing On The Housing Crisis
Hillary Clinton, as we all know, is raising a ton of money from wealthy campaign contributors on Wall Street and elsewhere in the financial services industry. Among her list of supporters is the Blackstone Group, a company which expanded their bottom lines at the time of the TARP banker bailouts, doing so by “quickly buying up all the foreclosed homes only to turn around rent them right back to the peasants who were evicted.”
So, guess where Hillary is spending part of the day today? You guessed it, at another fundraiser being hosted by the Blackstone Group. And the Blackstone Group — a private equity firm with over $330 billion in assets — has some very deep pockets. I imagine that the luncheon menu will be most upscale, and that the assembled guests will enjoy making business and political chit-chat while a hired string quartet lends itself to the high status ambiance of such a soirée. Blackstone is apparently hedging its bets and predicting a Hillary win in November.
Anyway, a bit more on this company, and how they operate.
Since the buying frenzy began, no company has picked up more houses than the Blackstone Group, the largest private equity firm in the world. Using a subsidiary company, Invitation Homes, Blackstone has grabbed houses at foreclosure auctions, through local brokers, and in bulk purchases directly from banks the same way a regular person might stock up on toilet paper from Costco.
In one move, it bought 1,400 houses in Atlanta in a single day. As of November, Blackstone had spent $7.5 billion to buy 40,000 mostly foreclosed houses across the country. That’s a spending rate of $100 million a week since October 2012. It recently announced plans to take the business international, beginning in foreclosure-ravaged Spain.
http://www.occupy.com/article/revealed-blackstone-group-exploited-foreclosure-crisis-and-seized-homes-cheap
The kicker, of course, is that Blackstone, a publicly traded company, is owned by the same list of financial institutions — Morgan Stanley, Citigroup, Deutsche Bank, UBS, Bank of America, Goldman Sachs, and JP Morgan Chase — which brought about the financial/housing crisis in the first place. These companies are thus making money because Blackstone is making money by renting out foreclosed homes on a large scale.
The net result?
“Institutional investors are siphoning the wealth and the ability for wealth accumulation out of underserved communities,” says Henry Wade, founder of the Arizona Association of Real Estate.
cont'
http://www.dailykos.com/stories/2016/2/16/1486076/-Hillary-Clinton-is-spending-today-fundraising-from-bankers-capitalizing-on-the-housing-crisis
= new reply since forum marked as read
and prevent them from controlling the political process.
They will say, "Gee, OK, thanks. Here's a million dollars to help with that."
"Sure - and here's another $500,000. Thanks! 
"
Bought and paid-for servant of the billionaire vulture class. 
Wonder how the Fan Club will try to spin this?
I can't hear you.
much appreciated........
Now, I hope you'll share the "fish and cheese" with us...........
much appreciated to all........
On a serious note though, does she think we'll not find out? Lots of people still hurting out here.
Because that's what she has for a heart. 
How tone deaf is she????? She, quite obviously, has yet to figure out what this campaign is about. The entire eloctorate has had enough of money buying their government. Including the majority of Republicans, evidenced by the rise of Trump. Interview after interview after fucking interview theset dimwits say, "Well he's already rich, he can't be bought." From Republicans goddamnit! She's got a democratic socialist breaking records defeating her on a "money in politics" message. What the fuck, man? How big a neon blinking sign do you need. Are you kidding me? I don't get it, man. I just don't get it. What kind of imbeciles are running her campaign? Surely someone there can see this, no. My god! The incompetence in this campaign is legendary. I'm really beginning to worry about her should she make it to the general. Up until a couple weeks ago I thought whichever candidate wins the primary, we're good. GOP doesn't stand a chance. I'm now fucking worried.
