Socialist Democrats are always looking for new places to spend your money. |
Shovel Ready Projects
Some $2 Billion in Obama stimulus money used to pay people to stay in homes they cannot afford
- The real truth - The "stimulus" money is really going to the BANKS to cover the bad home loans they made for years on end.
- This taxpayer rip-off is bi-partisan.
By Gary;
A growing number of distressed homeowners in California are keeping their houses because of a state program funded with $2 billion in federal stimulus money.
Participation in the "Your Home California" program has grown quickly to about 7,000 homeowners statewide. The program has provided more than $128 million in benefits, or roughly $18,000 per homeowner, reports the Sacramento Bee.
"After working out kinks in the system … we're really starting to pick up speed," said Diane Richardson, Keep Your Home California's program director
Pick up speed. Now that is just fucking wonderful. The USA is totally bankrupt and is both borrowing and printing money left and right and the Socialists cannot wait to get the program up to speed.
About 50 banks, mortgage services and credit unions have agreed to participate with the housing agency. Who would not agree to get FREE MONEY from the Federal Government to keep their private mortgage contract solvent?
In August, Bank of America Corp., the nation's largest lender, signed on.
The program offers as much as $3,000 a month for up to nine months for homeowners who have lost their jobs. It also provides up to $15,000 in mortgage assistance to homeowners who have fallen behind on their payments due to financial hardship.
In addition, the agency provides assistance to homeowners who have to relocate due to a foreclosure sale or a short sale, in which a bank agrees to take less than what is owed. This plan calls for a one-time payment of up to $5,000.
Where are the Republicans?
. . . in bed with the Democrats and Bankers!
There is a massive rip-off of taxpayer money and a re-distribution of wealth from the producers in society to international bankers to cover their bad loans. You would think that Republicans and Democrats would be all over the issue of corrupt bankers.
But no.
Do not listen to what the political hacks say. Watch what they do.
The tax money keeps flowing and no meaningful hearings are held by either party to investigate the Wall Street meltdown, massive loan fraud and the home foreclosure insanity.
As the list below shows, both political parties are fully bought and paid for by the banking industry. Both parties are doing everything possible to prevent any real investigations that might draw the attention of the public.
Hundreds of billions of dollars have vanished like a fart in the wind . . . . and no one goes to jail.
Our Founding Fathers would be so proud of these bastards.
The numbers on this page are based on contributions from PACs and individuals giving $200 or more. (Open Secrets)
In addition, the agency provides assistance to homeowners who have to relocate due to a foreclosure sale or a short sale, in which a bank agrees to take less than what is owed. This plan calls for a one-time payment of up to $5,000.
Where are the Republicans?
. . . in bed with the Democrats and Bankers!
There is a massive rip-off of taxpayer money and a re-distribution of wealth from the producers in society to international bankers to cover their bad loans. You would think that Republicans and Democrats would be all over the issue of corrupt bankers.
But no.
Do not listen to what the political hacks say. Watch what they do.
The tax money keeps flowing and no meaningful hearings are held by either party to investigate the Wall Street meltdown, massive loan fraud and the home foreclosure insanity.
As the list below shows, both political parties are fully bought and paid for by the banking industry. Both parties are doing everything possible to prevent any real investigations that might draw the attention of the public.
Hundreds of billions of dollars have vanished like a fart in the wind . . . . and no one goes to jail.
Our Founding Fathers would be so proud of these bastards.
Bi-Partisan Corruption
Banking Industry Contributions - Top 20 Members of Congress
Candidate | Amount |
---|---|
Obama, Barack (D) | $3,841,640 |
McCain, John (R-AZ) | $2,802,669 |
Clinton, Hillary (D-NY) | $2,209,223 |
Kerry, John (D-MA) | $1,642,984 |
Dodd, Chris (D-CT) | $1,289,763 |
Schumer, Charles E (D-NY) | $1,252,175 |
Bachus, Spencer (R-AL) | $1,153,913 |
Shelby, Richard C (R-AL) | $1,083,183 |
Baker, Richard (R-LA) | $893,770 |
Gramm, Phil (R-TX) | $846,303 |
Hutchison, Kay Bailey (R-TX) | $803,806 |
McConnell, Mitch (R-KY) | $788,630 |
Blunt, Roy (R-MO) | $734,668 |
Boehner, John (R-OH) | $709,139 |
Castle, Michael N (R-DE) | $707,378 |
LaFalce, John J (D-NY) | $685,302 |
Lazio, Rick A (R-NY) | $676,669 |
Santorum, Rick (R) | $659,389 |
McCollum, Bill (R-FL) | $652,999 |
Pryce, Deborah (R-OH) | $641,961 |
The numbers on this page are based on contributions from PACs and individuals giving $200 or more. (Open Secrets)
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