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Walker Shorts Wisconsinites, Gives Majority of Mortgage Settlement to State budget

freakoutnation.com — Governor Scott Walker (Koch-R) has been sharply critical in the past of using so-called “one-time” money from legal s... Feb 10, 2012

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64 Comments

johnnysoftwareFeb 10, 2012Buried

Show+28Vote!

Wait, banks and related institutions ripped off individuals and he created a settlement where he put the compensation due to individuals into an institution?

upnorthgirlFeb 10, 2012Buried

Show+24Vote!

So...let's take more money from the people who really need it more than a lot of others. Way to go, Walker. And don't forget these folks will remember how you treated them come recall election time

cosmicsurferFeb 10, 2012Buried

Show+22Vote!

once a sleazy owned corporatist, always a sleazy owned corporatist until he is hit over the head with an epiphany...(in his case, I hope it is a hard epiphany)

anomaly100Feb 10, 2012Buried

Show+21Vote!

He wants the State's budget to look good - by using money that should be allocated to aid troubled homeowners.

D1gst1llsuxFeb 11, 2012Buried

Show+19Vote!

I can hardly wait til this f**ktard is brought down by either the FBI probe or recall, it is only a matter of time.

johnnysoftwareFeb 10, 2012Buried

Show+18Vote!

Then don't bother to post a non-informative comment in the first place.

anomaly100Feb 11, 2012Buried

Show+14Vote!

Not everyone has a foreclosure problem or were done over by the banks sleazy tactics.

Good try at spinning though!

auditortuxFeb 11, 2012Buried

Show+14Vote!

How about we go case by case and determine which of those homeowners actually deserve the money? You know, the ones who got a responsible loan (not a 5/1 adjustable, not those who did not document income, not those that borrowed 100%, etc) and give them the money.

smpaisnutrientsFeb 11, 2012Buried

Show+14Vote!

Oh f**k off. They are getting settlement checks because the banks LOST a case PROVING they f**ked people over. They didnt make bad decisions, the banks ABUSED their power and they are being penalized for the it. Walker is TAKING that settlement money to pay for his mismanaged state budget. How you can even begin to defend that is unthinkable. Oh wait no, you're a POS 'conservative' so thats about par for the course.

rockyoumonkeysFeb 10, 2012Buried

Show+14Vote!

Walker's decided to do as much damage as possible before he's booted from office. Guy's going for a world record.

cosmicsurferFeb 10, 2012Buried

Show+12Vote!

He wants those ebil democrats to have no "legal residence"

vectorbFeb 11, 2012Buried

Show+12Vote!

He just knows his career is dead and is giving the double middle fingers to everyone in the state on his way out.

bettverbotenFeb 11, 2012Buried

Show+9Vote!

You can't read or comprehend very well. I think you need a new hobby. LOL
So you think the total pay out for ALL states is $140 million?
No honey...that is the Wisconsin allocation.

Now let's take look @ the link below at the 25 Billion settlement shall we.

http://www.embargozone.com/2012/02/09/breaking-down-the-nationwide-foreclosure-settlement-in-one-infographic/

AND

http://money.usnews.com/money/blogs/my-money/2012/02/10/homeowners-receive-25-billion-settlement-but-is-it-enough

Your FON article is completely and totally WRONG.
How interesting....I'm the crazy one?

michrechFeb 11, 2012Buried

Show+8Vote!

25.6 Million, according to the article. Much of that of his own doing (if the news coverage of all the tax breaks he and his party instituted shortly after taking majority power are at all correct)...

raggsat98Feb 13, 2012Buried

Show+8Vote!

oh, you can't make the "inherited the budget" argument. Walker is Republican and in order to fit the narative that R's are evil, this just won't do.

Besides Obama has a patent on that excuse.

yurmutha412Feb 11, 2012Buried

Show+6Vote!

The article is spinning it, 140 million is going to the state and Walker is using 25 million of the first direct payment. I don't agree with it, but I don't like an out an out lie on the title of an article. As he said, the majority will go to the beneficiaries. It should all go to them, however. I don't think anyone should have the right to divert it for other purposes. It was granted by the courts and they specified how it was to be distributed. This also happened with the tobacco settlement and it ends up disappearing.

particleman420Feb 11, 2012Buried

Show+6Vote!

what do green projects have to do with the settlement for bad mortgages?

it's almost like you're trying to deflect attention from the topic by throwing out catch phrases you heard on conservative talk radio.

wait a minute, it's not "almost like that" it is obviously and blatantly that.

drich255Feb 11, 2012Buried

Show+6Vote!

How dare the AM radio crowd come on to Digg and voice their opinion! Who said they could have freedom of speech?

drich255Feb 11, 2012Buried

Show+5Vote!

There may be a coordinated effort, I really don't know. I personally am not a part of one.

Mostly the articles that I personally submit go no where. Maybe once or twice has an article that I submitted made it to the top of the news.

Digg is a filtered news source. By voice of the majority of Digg users, the popular news stories rise to the top. Which is fine, as long as people realize that this is a filtered news source. If Digg was a users only news source, then they are trusting in other Digg users to pick what they see as Top News Stories. But that may not be the full picture on all the issues.

antarctica7Feb 11, 2012Buried

Show+4Vote!

FTA: "Out of the $140 million share of the settlement, $31.6 million was allocated to his State — the majority is going promptly to help Walker’s state budget shortfall: $25.6 million."

You left out the last part of your quote. 25.6 million is the majority of the 31.6 million in settlement money the state received.

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