[thoughtomator]

HUD’s funding is under $50 billion per year and they pay people, maintain facilities and operations, etc., so it can’t 100% be being siphoned off. $520 billion is more than a dozen full years of budget for HUD.

We’d have to go back to the founding of the department to have a prayer of finding $520 billion that COULD be siphoned off, never mind what may actually have been so.

[Liz]

Here's a couple tricks the crooked pols use.

ITEM---FREEPER POSTED.... in January 2012 my wife called about her D/D S/S check not arriving. She as told by S/S that she, and "many, many" others had their SS database records changed to deposit her payments to a Central America bank.

I couldn't find anything in the news about this.

It smelled to me at the time that an insider had stolen millions if not billions in this manner.

Freeper concluded that perhaps it was to help Obama's reelection campaign that year........

cont

[rdcbn]

HUD has an operating budget of 50 billion per year, but a lot more money goes through the agency in the form of government backed home loans it administers

It is totally believable that HUD cant account for 520 billion from the Subprime lending under its wing

Look at the source of the report