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In yet another example of bank bailouts wrapped up in the delusion of “relief” for consumers, Florida’s Hardest Hit Fund announced another Bizarre Bank Bailout Program that works like this…

1. Take $350 Million of Taxpayer Dollars,

2. Give that money to the banks. (Call it Principal Reduction)

3. When in reality it’s just handing taxpayer dollars back to the banks.

4. Allow the banks to foreclose anyway.

Forget about using taxpayer dollars to actually help consumers who are in trouble…this is just targeted at turning taxpayer dollars back over to the banks….

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