Got to hand it to the Obama-Pelosi-Boxer triumverate. They keep the money among close friends... and close by.
From Reuters:
California to get $18 billion under mortgage deal
California's attorney general said on Thursday her state will receive up to $18 billion in benefits under a federal-state mortgage settlement to be announced later today.
Of course, the question is not why is there a disparity. The question is why is there a redistribution of wealth through the government... once again?
Can you say "electoral votes?"
This is what Rep. Allen West calls the "legalized plunder" by the Federal government.