911: Another Jewish scam: Liberty Bonds for real estate developers

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[Jews and other property developers were the main beneficiaries of this. Jan]

Liberty Bonds in the 21st Century

Liberty Bonds re-emerged in the early 2000s, although these obligations were somewhat different animals: not federal Treasury bonds, but New York municipal bonds. Jointly issued by the New York City Housing Development Corporation and the New York State Housing Finance Agency from 2002-2006, with a $1.2 billion contribution from the federal government, these private activity bonds were intended to help rebuild the part of Lower Manhattan, dubbed the Liberty Zone, that had been devastated by the World Trade Center terrorist attacks on Sept. 11, 2001.

The $8 billion issue had a different target audience, too—real estate developers and corporations—and a different aim: to finance not a war effort, but residential and commercial buildings.

Critics charged the program went to help high-profile corporations—the bonds were triple-tax-exempt—and, in many cases, towards projects that weren’t even located near Ground Zero. Yet they did spur a building spree in downtown Manhattan, which today is a more populated, thriving area than it ever was.

Source: https://www.investopedia.com/terms/l/liberty-bond.asp



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