Dude, where’s MY bailout? Luxury Condo Edition

“I just find the whole thing ironic that FHA is providing financing for luxury housing.”  Ironic?  IRONIC?  I’d describe the situation as corrupt, greedy, pork-laden, self-dealing, exploitative, welfare-for-the-rich, or undemocratic.  But NOT ironic.  More like typical for this Administration.

FHA will finance up to 96.5% if you qualify (perhaps by being a friend of Angelo, Chris, Barney, or Barack).

Update (18 August).  The Heritage Foundation is not amused; they call it "crony capitalism."

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