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Wake up and smell the coffee.
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President Trump's Treasury Secretary Steve Mnuchin made hundreds of millions, probably billions of dollars, from buying foreclosures, on the cheap: "When a South L.A. Family Lost Their Footing, Steve Mnuchin’s Bank Gobbled Up Their Slice of the American Dream."
https://www.lamag.com/citythinkblog/...merican-dream/
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Interesting that a right-wing, free-market governor like Ducey is forced to impose "big government" regulations, like an eviction moratorium. He must realize anything less would be complete chaos for his state.
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President Trump's Inner Circle made billions of dollars from buying foreclosed homes, basically they made billions from kicking people out of their homes. And they acquired the foreclosures with other people's money (OPM), actually the Federal Government financed their foreclosure purchases, that were done as packaged deals (1,000 foreclosures per purchase).
You'll ask who I'm talking about? We can start with these, whom made a fortune from kicking people out of their homes:
(1) Tom Barrack, a close friend of President Trump, and a financier of the 2016 Trump Campaign.
(2) Steve Mnuchin, Trump's Treasury Secretary. Mnuchin foreclosed on more than 100,000 homeowners.
(3) Wilbur Ross, Trump's Commerce Secretary.
(4) Stephen Schwarzman, appointed by President Trump, as Chairman of the Whitehouse Strategy and Foreign Policy Forum.
(5) George Soros and Michael Dell, not in Trump's inner circle, also made fortunes from kicking people out of their homes.
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