Loan Modification Forum - LoanSafe.org - View Single Post - Final Housing Bill Passes House, Bush to Sign into Law

AZ Meltdown · 07-28-2008, 08:07 PM

Big suprise, the Help or Homeowners Bill mutated into Welfare for Big Contributors.

Fannie and Freddie got a blank check.
Cities got $4 billion to fuel more sweetheart deals and graft.
I see even the automakers got a break.

Taxpayers got put on the $130 Billion hook.

Business as usual.

07-28-2008, 08:07 PM	#55 (permalink)
AZ Meltdown Senior Member Join Date: Apr 2008 Posts: 129 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Final Housing Bill Passes House, Bush to Sign into Law Big suprise, the Help or Homeowners Bill mutated into Welfare for Big Contributors. Fannie and Freddie got a blank check. Cities got $4 billion to fuel more sweetheart deals and graft. I see even the automakers got a break. Taxpayers got put on the $130 Billion hook. Business as usual.