5 ms·

"Blame Medicare." No, no I don't think I will. Most shameless propaganda headline since "Don't blame Blackrock for the housing crisis, blame your neighbors."

• Dracophoenix 5y ago
  I don't see how that last statement isn't true. Blackrock isn't putting guns to people's heads nor is it abusing eminent domain to get these houses.
  • AndrewBissell 5y ago
    Yes, let's just pretend that the whole context in which they're operating is entirely dependent of their lobbying efforts, connections to the government and Federal Reserve, etc
    • Dracophoenix 5y ago
      How do those factors affect the seller's due diligence? I'll agree with the potential conflict of interest, but conflict of interest on its own doesn't stop anyone else from buying homes for their own purposes, even those among the highest levels of government. Unless such a sale is accomplished through an abuse of eminent domain or fraudulent representation, any transactions ought to be between buyer, seller, and contractually relevant parties. And as side note, lobbying is not a bad word. Anyone who vouches for, or on behalf of one's interests before government is a lobbyist by definition. That goes for John Q Public as much as it does for Blackrock.