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Your billion-dollar gift to homebuilder scumbags

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March 15, 2010 – Comments (2)

Enjoy! The jerks who run public homebuilders cashed out billions of dollars worth of stock during the bubble. When things went bust because of the bubble they helped create (and funded with dirty tricks like creating fake charities to "give" buyers down payment assistance), the spineless cowards we elect to Congress turned around and gave them billions in taxpayer handouts.

What I wouldn't give to meet one of these guys.

2 Comments – Post Your Own

#1) On March 16, 2010 at 1:45 AM, imobillc (< 20) wrote:

Great post!

Mars 

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#2) On March 18, 2010 at 12:08 PM, Seansonfire (37.00) wrote:

Honestly I think we need less Homebuilders in this country anyway, as its not sustainable to keep building at the levels that we did in the 90's and early 2000's going forward.  Something needs to die eventually, and this was the perfect opportunity to let 1 or 2 of the major homebuilders die. 

 A good Capitalist system lets the best most profitable companies rise to great heights, and the worst most unstainable companies fold.

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