Because the government exists to give your stuff to the rich

[FluffyMcDeath]

All those foreclosed houses that used to belong to people but were funded under HUD/Fannie/Freddie, well they are going on the auction block. Those homes that were people's homes then become the assets of "We The People" are now to be sold off for virtually nothing to, those the people who already own most of everything. It's another government transfer of wealth from the average Joe to the very elevate highness Joseph.

Of course, "We The People" won't ever get to tax back what they lose in the sale because that would be ... redistribution of wealth.