Government Set to Sell Foreclosures in Bulk

[OmahaBlueDog]

25. Here was my response to the WH.

Dear Mr. President:

Today, it was reported on CNBC that the administration will agree to make bulk sales of foreclosed homes to institutional investors so that the homes may be rented. While this may appear to be a quick and efficient solution, and may ultimately be the only solution for certain properties, I find myself thinking that this is the kind of deal that overwhelmingly benefits "the 1%" -- chiefly the bankers who got us into this mess. So, before we, as a nation, sell these properties on-the-cheap to banks, they should be offered first, on-the-cheap, to members of the following groups a) active duty and reserve military and Iraq/Afghanistan Vets, b) active duty police, c) active duty fire fighters, d) public and private school K-12 teachers, e) nurses. These groups serve America, work hard, and are far more deserving of a deeply discounted home than any banker or real estate trust.

**

Before you flame this - I'm sure I left out many worthy groups. Nevertheless, you get the idea. Before we hold a property fire sale, let's get the most deserving buyers to the head of the line.