Uncle Sam wants you to rent out its foreclosed homes

Fannie Mae will offer up nearly 2,500 distressed properties in eight locations to investors who are willing to buy them in bulk and rent them out for a set number of years.

Does Uncle Sam favor the rich? Why not just release the distressed properties into the open market, and let the little investors like you and me to "share the prosperity"?

This reminds me of President Obama's big tax break for big companies but actually raising tax for small business owners (so-called the rich who makes $200K a year)

Talking about Crony Capitalism!

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