Wednesday, August 10, 2011

"...Obama to Become the National Landlord Now?

Fundamental transformation proceeds apace, from the “ownership society” straight to neo-feudalism.

The Obama administration may turn thousands of government-owned foreclosures into rental properties to help boost falling home prices.

The Federal Housing Finance Agency said Wednesday it is seeking input from investors on how to rent homes owned by government-controlled mortgage companies Fannie Mae and Freddie Mac and the Federal Housing Administration.

That would be, the recently downgraded Fannie Mae and Freddie Mac. Moving along..."

The PJ Tatler Obama to Become the National Landlord Now?

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