Bankers Get To Buy Our Cheap Houses

After the US taxpayer bailed out the banks, the banks have continued to foreclose on the taxpayer's homes. The losses on those homes have been transferred to the government (the people) via Fannie Mae and Freddie Mac.

The federal government is going to sell those homes, in bulk, back to the bank for pennies on the dollar.

The giant financial scam continues:

The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive portfolio of foreclosed homes now owned by HUD, Fannie Mae and Freddie Mac to private investors -- vulture funds.

These homes, which are now the property of the U.S. government, the U.S. taxpayer, U.S. citizens collectively, are going to be sold to private investor conglomerates at extraordinarily large discounts to real value.

You and I will not be allowed to participate.