Modesto real estate mogul Mike Zagaris and presidential candidate Donald Trump are on the same page when it comes to the collapse of the housing bubble in 2008.
As Trump said, “I’ve always made more money in bad markets than in good markets.”
“The best way to get what you want is to buy the government.” by former Mayor Carmen Sabatino.
For George Petrulakis and Mike Zagaris it is just good business and increases the bottom line.
Elizabeth Warren just won’t stop attacking Donald Trump
“The rest of us were horrified by the 2008 financial crisis…But Donald Trump was drooling over the idea of a housing meltdown because it meant he could buy up a bunch more property on the cheap.”
Warren wondered what we all wondered as the value of our assets shrunk to numbing negative numbers in 2008.
“What kind of a man does that? Root for people to get thrown out on the street? Root for people to lose their jobs, root for people to lose their pensions? Root for two little girls in Clark County, Nevada, to end up living in a van. What kind of man does that?”
“I’ll tell you exactly what kind—a man who cares about no one but himself. A small, insecure money grubber who doesn’t care who gets hurt so long as he makes money off of it. What kind of a man does that?”