State Governments Pocketing Money Intended for Foreclosure Victims

Almost every state has received tens of millions of dollars from a federal mortgage settlement with the country’s largest banks.  This money was EARMARKED for beleaguered homeowners desperate to keep their homes.  But the governors of Wisconsin and Missouri have diverted this money for their own pet causes.

Scott Walker has yanked away $25.6 million from frantic homeowners and will use the money to help balance the state budget instead.  Missouri Governor Jay Nixon has taken $40 million away from desperate mortgage holders and will use the money for higher education instead.  Missouri Attorney General Chris Koster has publicly agreed with the governor.  And they’re both Democrats.

You’d expect this kind of shit from Scott Walker, the Koch Brothers’ favorite boy toy.   Missouri’s governor and attorney general have shown us once again that you don’t have to be a Republican to be an asshole.

Is this even legal?  It’s like that cliché about a panhandler who needs $300 so he can get to Chicago for a job interview, and you’re almost certain he’s just gonna spend the money on booze and drugs.  And now we have two governors who are sleazier than the most pitiful street beggar.