Fox News host Sean Hannity found himself back in the headlines just a few days after it
was revealed that he was Michael Cohen, Donald Trump's lawyers mystery third client.
As it turns out, The Guardian decided to look a little more into Sean Hannity's history
and they went through some public records and they found out that Sean Hannity owns
more than 870 different homes and low income housing units in at least seven different
states, purchases through at least 20 different shell companies.
Now the reason Sean Hannity used these shell companies, which he founded from the state
of Georgia, was because registering them, creating them as LLC's, limited liability
corporations, allows them to mask who actually owns the company and who's actually buying
up these properties.
Now most of what Hannity has done here is perfectly legal and on the level.
Using a shell company, a lot of people do that.
They create these little organizations and that's how they run their business.
Why Sean Hannity needed 20 different companies though, that's what starts to raise a few
questions here.
You could've done it through one company.
Why 20?
Why do you need so many?
What are you trying to hide?
Why are you trying to spread it out like that?
There's a lot more questions than answers now at this point.
But again, buying up home foreclosures, nothing wrong with that, people do it all the time,
they've made very nice livings off of that buying homes at a low price, flipping them
for a higher price, and to be honest that's actually what helped kind of cause the housing
crash.
But anyway, one of the things, one of the other things I should say that's questionable
about all this is the fact that Sean Hannity, was on some of these properties using loans
secured from housing and urban development in the US government.
He was going through HUD, a guy that gets paid 36 million dollars a year, to secure
funding for these low income housing projects that he was buying up.
Most of them, or at least some of them in the state of Georgia that he purchased were
in very low income, poverty stricken areas where the median income of those areas was
far below the national average.
So he would secure a loan from HUD, and that way, if he lost money on the properties, HUD
would just pay him back the difference.
So he had no fear whatsoever of losing any money.
Again, we're talking about a guy making 36 million dollars every single year just on
his Fox News show, scamming the government so that he didn't lose money on any of his
real estate investments.
At the same time, interviewing people like Ben Carson, the director of HUD on his show,
without ever once mentioning that this multimillionaire is using a government program meant to protect
low income American citizens, he was using that program, that director to scoop up low
income properties to make a profit off of them.
That is another thing that raises some questions here.
Not to mention the journalistic problem of the fact that Sean Hannity as early as 2013,
was snatching up all these homes that had been foreclosed by the big banks during the
day, but in the evening he would get on his program and talk about the fact that Barack
Obama's a horrible president because so many people are having their homes foreclosed on.
Not once mentioning that he was profiting off the entire thing.
I think at this point to say Sean Hannity is a hack is a bit of an understatement.
Sean Hannity needs to be removed from Fox News immediately.
He has committed journalistic and even just entertainmentistic malpractice at every give
opportunity.
He didn't disclose he was a client of Cohen's.
He didn't disclose he was basically a client of Ben Carson's at HUD.
He didn't disclose that while he hates the amount of foreclosures in this country, he
was making a massive profit off of it.
Anyone who trusts anything this man says, needs to go and have their head examined,
because he has lied to you, he has swindled you, and now he's working with the federal
government to swindle low income Americans out of funding for their own housing and charging
them slightly more on rent than they were in the past.
Sean Hannity is past due to be fired by Fox News.
But nobody at that network has enough courage to actually stand up to him and put him off
the air
for good.