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jwirr

(39,215 posts)

12. While I believe the government should be doing this with the empty houses as long as we have

Reply to Fire Walk With Me (Original post)

Thu Dec 29, 2011, 11:19 AM

Dec 2011

homeless persons or persons using more than 30% of their income on housing (this is the HUD limits) I to object to the banksters making a profit off of the program. Just another way to privatize. It should be said that there are many low income housing projects that are jointly owned by HUD and the private sector.

HUD should administer it not some sleezy bankster.

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Foreclosures: Oh look, it was a robber baron land grab all along. [View all] Fire Walk With Me Dec 2011 OP

Create the crisis, lose money, get bailed out, while making profit, then reap a huge profit... liberal N proud Dec 2011 #1

Disaster Capitalism. alfredo Dec 2011 #2

Exactly. Want somewhere to live? Rent from US! Fire Walk With Me Dec 2011 #3

Banksters and Republicans have been doing crap like this all over the world, alfredo Dec 2011 #5

Creating vast Pottervilles all over the United States liberal N proud Dec 2011 #4

That's what I was thinking, too RockaFowler Dec 2011 #11

I Understand Neither the Outrage or On the Road Dec 2011 #6

Reading the article might help TiberiusB Dec 2011 #7

Why are they not just putting that property into HUD? Maybe because they want to involve the jwirr Dec 2011 #16

Didn't know that, Tiberius. truedelphi Dec 2011 #19

Oh they can already rent them out but not without putting a great deal of money into renovations. jwirr Dec 2011 #13

I agree with Tiberius ... aggiesal Dec 2011 #14

Thanks for that info unapatriciated Dec 2011 #21

21st Century Carpetbaggers eyewall Dec 2011 #8

"calling on the Obama administration to reject help from the financial sector, or at least limit its leeroysphitz Dec 2011 #9

k n r /nt joshguitar Dec 2011 #10

While I believe the government should be doing this with the empty houses as long as we have jwirr Dec 2011 #12

+1,000. Thanks, I didn't know those details. freshwest Dec 2011 #20

k&r Starry Messenger Dec 2011 #15

Some fun with math TiberiusB Dec 2011 #17

Capitalists have often arranged the "buy low" part of their program themselves. bemildred Dec 2011 #18