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Wed, 16 Apr 2008

Big Tax Breaks for Businesses in Housing Bill

How can anybody possibly tell me with a straight face that a tax break for airlines is related in any way to foreclosure relief for homeowners?

Crooks and liars, indeed.

Critics say the housing relief bill is adding up to a bailout for big businesses, as the legislation includes billions of dollars in tax breaks for automakers and airlines.

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On 4/16/2008 10:25:41
foreclosurefish wrote

You're right, giving tax breaks to corporations and calling it foreclosure help is simply politicians relying on the ignorance of the American public. What the bill does is prevents corporations from suffering losses due to high foreclosure rates. "Let the people lose their homes -- we'll profit anyway," is their attitude. Foreclosure Prevention Act. A name Orwell, Goebbels, and Bernays would be proud of, although for differing reasons.

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