Irony Alert

Irony is:

County-created, tax-exempt, mortgage-backed securities for investors who pay no taxes on them, are guaranteed by people who DO pay taxes.

Irony is:

Your county, not getting a dime for helping create these securities, and missing the revenue from lost filing fees each time these mortgages change hands AND paying for extra staff time processing subsequent foreclosure irregularities.

Irony is:

Your Board of County Commissioners NOT looking into this because they don’t understand it; are reluctant or afraid to ask, and yet expect to be re-elected to the next term.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: