The sad thing here, is that the $300-million will have to be paid out of the state treasury, and they might have to raise taxes against the public....to come up with the money. You can imagine people standing there and realizing that their taxes went up $400, but they will get a check for their money from the state, in six months.
LOL. Something doesn't smell right. Since when has any California judge claimed that he "lacked authority"? This has to be a first.
I thought California judges had authority over everything even authority over states that voted for Donald Trump, especially states that voted for Donald Trump …
The simple fact of the matter is that if you are simply “part of the masses”, your protection is up to you, which is why I conceal carry. The government is primarily just an annoyance you have to deal with, like carpenter ants.
They don’t think you should be owning a house, and so they take as much of it as they can. Theft.
“Inside every Democrat is a totalitarian screaming to get out.”
I think I see the problem beyond California's con game. The settlement was another example of the feds ie 'our' government shaking down an industry while claiming to be white knights. See also: tobacco.
Federal suits and private class action have the same dynamic: the lawyers get rich and everyone else gets a pittance.
The banks certainly didn't shrug and write off the figure. They raised fees, rates, etc. to recover it.
So, as usual, the consumer/taxpayer actually funded the massive sums in question.
Demoncraps = unlawful diversion of funds.
The sound of California’s economic implosion increases......
Moonbeam...don’t give a sheet..!!
“The programs included housing counselors, foreclosure assistance hotlines, legal aid, consumer education and efforts to investigate and combat financial fraud.”
settlement money used solely to hire more unionized government workers, with not a single red cent paid out to those who were (supposedly) harmed ...
bkmk
California’s state government is corrupt.
I don’t know if it’s corrupt because it is a one party state or it’s a one party state because it’s corrupt.
Maybe it’s because it run by Democrats......
The money will NEVER be repaid.
Count on it.
bookmark
“Unlawfully diverted” sounds like a crime. What to do with a governor who commits crimes in office?
This is massive. Unbelievable. Were the parties flipped, they’d be calling for gallows.
Another leftist ‘trying to get away with another swindle’
“Its the homeowners fault - yeah thats the ticket !!!” (moonunits handlers ...)