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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsObama administration helped Hannity to get loans??
Hannity, whose salary from Fox News is estimated by Forbes to be $36 million annually, acknowledged in his statement that he received loans from HUD to invest in properties during President Barack Obamas administration.Those mortgage loans, which, according to the Guardian, were acquired through HUDs National Housing Act, offered investors protection against loan defaults when purchasing rental properties.
And then, in the classic case of the dog biting the hand that feeds it, ...
"In a twist, while he was reportedly buying up discounted homes, Hannity criticized Obama and blamed him for Americans struggles to own their own homes amid the nations housing crisis. On his program in 2016, he said Obama has failed to turn talk into action when it came to helping every American get ahead.
The rate of those who own a home has now dropped several percentage points. Now we also saw record numbers of foreclosures during his presidency. 2011 was the worst year on record for home sales, he told his viewers on that program"
https://www.huffingtonpost.com/entry/sean-hannity-defends-real-estate-portfolio_us_5addf7a7e4b0df502a4e0b52
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Obama administration helped Hannity to get loans?? (Original Post)
packman
Apr 2018
OP
maxsolomon
(33,345 posts)1. Wait. Hannity is a hypocrite?
His millions of viewers blink uncomprehendingly with their big bovine eyes.
ehrnst
(32,640 posts)2. No. HUD, not Barack Obama, helped Hannity get homes. (nt)
bigbrother05
(5,995 posts)3. Wait, 1%ers took advantage of laws written by a GOP majority?
Laws intended to help millions of regular folks contained provisions that allowed greedy SOBs to make a killing. That's why Hannity setup all those shell corps with Cohen's help, he wanted the dough without risking exposure of his taking something from the Obama admin.
He knew who to ask to make a killing in the business of using the government to screw the little guy.
EffieBlack
(14,249 posts)4. Um, no.