The Way Things Work

Here's an article that reports that many of the cheap foreclosed homes in the Bay Area are being quickly purchased for cash by investors who plan to turn them into rentals.

The average guy gets smashed when the financial system melts down. He loses his job and his home, while the rich get richer. Where did the trillions of dollars in taxpayer bailout money go? Into the pockets of the elite.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/08/23/MNTO197NHM.DTL&type=business&tsp=1