Translation: "You American citizens need not apply." With every new decision they make, these Marxist idiots are going to bankrupt the whole country. Well, it's beginning to seem like they are more diabolical than stupid. Either way it's very bad for us.
The companies also have agreed to sell foreclosed homes to nonprofits using grants from the federal government’s Neighborhood Stabilization Program. Chicanos por la Causa, which won $137 million under the program in partnership with nonprofits in eight other states, plans to buy more than 200 homes in Phoenix in the next two years. The group plans to renovate the houses, then sell to local families.
Sunday, June 20, 2010
Fannie and Freddie tab is $146B and rising
-Fannie and Freddie tab is $146B and rising - STLtoday.com