The finacial compaines are trying to do it again.

Reader comment on: Chicago Explores Eminent Domain Mortgage Seizure

Submitted by Lyle (United States), Jul 27, 2012 08:51

The make the money and the local government gets the shaft, (see Jefferson Co Al, Orange Co, Ca) The financial salesman put on his used car salesman hat and sells the local entity a jalopy that the wheels will fall off about 1 mile from the lot. It appears (and this makes sense) that they bamboozle the politicos and pay off their advisors to get them to buy the dreck ideas.

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Title By Date
market prices = pennies on the dollars. Why should America's municipalities have to pretend otherwise? [89 words]Tom BrownJul 27, 2012 19:05
↔ Un-Fair Market Value [109 words]Angela StonebrakerJul 28, 2012 17:18
↔ In the best interest of the public [123 words]Angela StonebrakerJul 29, 2012 11:58
"Below-Market Prices" ... what a load of bull! [275 words]Tom BrownJul 27, 2012 18:58
⇒ The finacial compaines are trying to do it again. [71 words]LyleJul 27, 2012 08:51
Simple Solution: Tax the associated financial companies [102 words]LyleJul 26, 2012 21:51

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