By now you have heard it.
Sean Hannity has been using HUD money to build a real estate empire while he has been consistently condemning anyone who has relied on public assistance.
He has been gaming the system.
He has been a beneficiary of a federal mortgage guarantee program and owns millions of dollars of real estate through more than 20 shell corporations that hide his identity. The mortgage loans with which Hannity purchased the properties were subsides from the federal Department of Housing and Urban Development. This is big government aiding a very wealthy man.
This is welfare.
So while Hannity has been condemning people on welfare and food stamps, his rugged individualism was secretly having the federal government help line his pockets by accepting government support for his real estate investments.
And he did this by hiding behind his feeding the grievances of his audience.
Hannity defended himself by saying,
“It is ironic that I am being attacked for investing my personal money in communities that badly need such investment and in which, I am sure, those attacking me have not invested their money. The fact is, these are investments that I do not individually select, control, or know the details about; except that obviously I believe in putting my money to work in communities that otherwise struggle to receive such support.”
He may be investing his money in the real estate he buys to better communities, and make himself rich, but if his investments go sour, rather than suck up the loss, his investments are guaranteed with taxpayers’ money. That’s a government subsidy.
Hannity is a very wealthy man who became richer while decrying welfare for poor people, then grabbing it for himself.
He played his viewers for suckers.
And, sadly, they will defend him.