no min bid, auction, first time homebuyers only.

sarktastic

Sell em off as condo's in the open market, limit one, homeowner occupied.

Let the vultures buy the foreclosures from those who can't/won't pay... without subsidy.

This is fucked up. Yes, it's true. Yes, it will go over Hondo's head... but, it's worth watching happen if you REALLY want to understand the... ahem... "HOT!!! real estate market"

2001400ex

Cant have a link when I was watching live and in passing buttfucker. Go to komo4.com duck, find the link in TOP STORIES and find the bitch yourself. Want me to hold your fucking hand the rest of your life? Break free Sark, there's a wealth of knowledge right at your fingertips.

sarktastic

http://davidstockmanscontracorner.com/the-stench-of-freddie-mac-is-back-5-billion-in-crony-capitalist-thievery/

RaceBannon

Blackstone and Starwood have extensive SFR holdings they bought at auction during the boom time of foreclosures. In multiple states. They are holding them as rentals and will package as an IPO and sell off when the gain is large enough.

The idea of subsidizing these giants is laughable.

OZONE

sarktastic said:

http://davidstockmanscontracorner.com/the-stench-of-freddie-mac-is-back-5-billion-in-crony-capitalist-thievery/

Is that the same David Stockman that was forced out of the Reagan administration after he admitted that "we don't really understand what all these numbers mean", but as the head of the OMB presided over a trippling of the national debt from 81 to 85?

sarktastic

I thought you hated crony capitalism?

HuskyInAZ

OZONE said:

sarktastic said:

http://davidstockmanscontracorner.com/the-stench-of-freddie-mac-is-back-5-billion-in-crony-capitalist-thievery/

Is that the same David Stockman that was forced out of the Reagan administration after he admitted that "we don't really understand what all these numbers mean", but as the head of the OMB presided over a trippling of the national debt from 81 to 85?

Prolly ought not talk about growing the national debt, turbo.

OZONE

sarktastic said:

I thought you hated crony capitalism?

I agree that the fact that he is opposed to cronyism, sounds, on the surface, like a good thing, but I didn't have time to read his article deeper -- and after figuring out who he was -- didn't feel his credentials warranted making it worth my time.

OZONE

HuskyInAZ said:

OZONE said:

sarktastic said:

http://davidstockmanscontracorner.com/the-stench-of-freddie-mac-is-back-5-billion-in-crony-capitalist-thievery/

Is that the same David Stockman that was forced out of the Reagan administration after he admitted that "we don't really understand what all these numbers mean", but as the head of the OMB presided over a trippling of the national debt from 81 to 85?

Prolly ought not talk about growing the national debt, turbo.

1. Not turbo.
2. What's wrong with establishing who the author is? Just sounds like another borrow and spend republican. One that was forced out of his office by Reagan.