Homebuilders win multibillion-dollar bailout

These days, average Americans have to grovel just to get a minimum-wage job - but corporations receive billions of dollars in taxpayer money just for the asking.

Now big homebuilders have received a government bailout worth billions. This bailout was hidden in the recently passed law that extends unemployment benefits.

Homebuilders already plan to use bailout dough to buy more land, build more fall-apart mansions, and increase sprawl - thus wasting fuel and other resources.

So while the law as a whole helps ease the Bush recession by extending unemployment aid, the law also undercuts this goal by giving handouts to corporations that are already swimming in cash. Further, this bailout encourages sprawl, which will inevitably harm the economy even more - by increasing fuel costs and hollowing our urban centers.

(Source: http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=103x496193)