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Forum Post: Homebuilder uses federal taxpayer funds to balance its books

Posted 11 years ago on Jan. 30, 2013, 3:51 p.m. EST by LibertyNow (10)
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http://sfpublicpress.org/news/2010-06/homebuilder-lennar-uses-federal-taxpayer-funds-to-balance-its-books

BTW these are the same guys that have been given $600 million dollars in cash that they do not have to pay back and over 5500 loans from 22 failed banks totaling 3.05 Billion dollars from the FEDs. They are foreclosing and pursuing every one of these borrowers all the way through to bankruptcy so that they can get the property for free and then turn around and sell for a profit. All at the taxpayer's expense and most certainly not the least cost method that you would think our government would encourage. This is the government taking land from private individuals and giving it out to their campaign contributors right under our noses. No smoke and mirrors. Does anyone care?

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[-] 1 points by LibertyNow (10) 11 years ago

res-ga eleven, llc is one of the many names these people go under to perpetrate their fraud on the taxpayer for the advancement of the 1%

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