U.S. Government Paying Homeowners to 'Walk Away'

(It's amazing what the government can do with...oh, say... a couple trillion dollars.)

Three months after the Obama regime came up with its plan to “rescue” the U.S. housing market, it is doing more to get people out of their homes than to keep them in them.
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The much-hyped “mortgage rescue” initiative has postponed foreclosure for only 55,000 U.S. homeowners. It would have to double that number just to qualify as “pathetic”. Additionally, with previous “mortgage rescues”, the vast majority of those “rescued” still lose their homes in less than a year. There is nothing about the current “rescue” which suggests this trend will change.
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Meanwhile, with much less hype, the U.S. government has been quietly slipping “distressed” homeowners a cheque for $1000 – just to get them to leave their homes quickly and without vandalizing the properties they once owned (see “Treasury Dept. is giving cash for keys”). The goal here: to make foreclosures less costly and time-consuming for the banksters.
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http://seekingalpha.com/article/138129-u-s-government-paying-homeowners-to-walk-away