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Kamala Harris Reparations Plan Is Wall Street's Wet Dream

Kamala Harris and other Democrats have supported subsidies for renters that can easily be pocketed by landlords who can find ways to increase rents and pocket the subsidy.


Now Kamala Harris has left other Democrats behind with a housing plan to give $100 billion of grants for the payment of mortgage loans to Black homeowners. Ignoring the race based element of the program (non-Blacks will receive nothing). The problem here is that most of that money will be paid to Wall Street lenders who are already making money hand over fist. The money goes from the government to the Black people to Wall Street. That's $100 billion. But the poor Black families get to keep the homes right? More often than not, when similar programs have been tried foreclosures went up. So Wall Street gets them too. Needless to say, Harris happens to be liked by Wall Street.

 
 
 
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