May 18, 2010 – Hour 2

Continuing a practice that has existed for years, yesterday Baltimore officials auctioned liens on 12,689 homes and properties whose owners had outstanding local taxes and municipal bills, according to a report by the Huffington Post Investigative Fund.

Continuing a practice that has existed for years, yesterday Baltimore officials auctioned liens on 12,689 homes and properties whose owners had outstanding local taxes and municipal bills, according to a report by the Huffington Post Investigative Fund.

Is this a viable way for a cash-strapped city to recover unpaid bills, or a scam that allows investors to profit from people in need?

We’re joined by reporter Fred Schulte, Maryland Senator Jim Brochin, and Debra Gardner, Legal Director of the Public Justice Center.

Written by Marc Steiner

Marc Steiner

The Marc Steiner Show currently airs on The Real News Network. The show covers the topics that matter, engaging real voices, from Charm City to Cairo and beyond. Email us to share your comments with us.