Georgia On My Mind

and not in a good way.

Normally, I’ve titled posts like these in the past something on the order of “why is it always my state,” but in truth, this time, Georgia is hardly alone in diverting funds from the foreclosure fraud settlement into areas other than their intended target (distressed mortgage-holders). Still, it’s cold comfort to know that the Republican governors of quite a few states are using these funds as a sort of sub-rosa, backdoor stimulus to prop up their state budgets or “rainy day funds” so that the effects of the brutal, anti-government “austerity” they favor won’t be as apparent to the average voter/citizen who just glances at the state’s balance sheet.

Sigh…

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One Response to Georgia On My Mind

  1. Pingback: Why Zero Hedge Will Always Be Correctly Viewed As Cranks | Post Tenebras Lux

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