Immigration and the Mortgage Meltdown

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joan ebio of CA 7:45AM December 15, 2009

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Bsvyhwpz of OR 9:40PM July 15, 2009

You bet some are running for the border,
If the lefties will stop handing them the "American Dream" they would not be here to begin with... The American Dream is for Americans..... Look up the crime rate that illegals have here and how much money it takes to support all of these law breakers..
Why does the left care more about these law breakers than their own country men?
READ THE 14TH Amendment and explain to me how anchor babies are American citizens?
Why fight terrorism if we are going to just give this country away? Or is it you want the U.S. to be Latino instead of Arab? Wake up and smell the stench of Illegal invasion..

Georgia Girl of GA 10:22AM October 20, 2008

HUD released statistics that they backed 5 million mortages to people with no social security numbers. Now we know that those that don't have social security numbers are immigrants, many of them illegal. There were 5 foreclosures on my street in PW County VA. All 5 of the owners were Hispanic. It did not take us long to realize how they purchased these homes. All 5 had renters in the basement. Not one of the Hispanic Families lives as a family. It is always multiple familes or single males renting out the basement. Sorry folks, they make terrible neighbors. It's one thing to own a home, its another to maintain it.

Wally of VA 1:33PM October 14, 2008

Illegals should never have been given mortgages in the first place. WAMU gave out an 875,000 mortage to a mexican that made $10 an hour, and guess who gets to pick up the tab
You and me babe....

Joanne Brooks of GA 9:03PM October 13, 2008

My local credit union (Inland Empire CA)allowed illegal aliens to open bank accounts and get mortgages with Matricular Councilar Cards. Now hundreds of homes are in foreclosure and WE US Citizens have to pay for it. I want the FEDS to tell US Citizens just what proportion of the $7 Billion bailout was due to mortgages given to illegal aliens. I bet the proportion is astounding.

schooladminbob of CA 7:18PM October 13, 2008

*** "The article is spot on; open borders has been and will continue to be a disaster for our country." ***
Yes, but has Michael Barone been convinced? David Brooks certainly hasn't; nor Paul Gigot nor Bill Kristol nor any of the other "conservative" mass immigration advocates.
To assume that tens of millions of people who are fundamentally and culturally different from the base population can move into a country without fundamentally changing that country is simply crazy. There is ZERO scientific evidence for the idea, for example, that Latinos will achieve academic, and thus economic, parity with white Americans. Is that racist? Maybe. Is it realist? Yes.
There is zero evidence that such people, poorer on average, when they have the political power in their hands won't use that power to reallocate wealth from the natives to themselves. None. Is that racist? Maybe. Is it realist? Yes.
There is ample evidence that any mass immigration of any kind, from anywhere, will drive up demand for land, place demands on infrastructure and thus increase government costs, driving up prices for the native born, all while lowering wages for workers. Is that racist? Not at all. Is it realist? Yes.

Bill of CO 10:45PM October 12, 2008

Hey, JoeSixpack of AK
McCain LOVES the illegals---he was pushing amnesty ("comprehensive immigration reform"), so perhaps you research a little before you spout off.
The article is spot on; open borders has been and will continue to be a disaster for our country.

alexz of CA 6:58PM October 11, 2008

current news, ditto your post.

Bobby of CA 4:48PM October 11, 2008

To you die-heart left-wing liberals, I have some current information for you!
You have beaten the "racist" arguement into the ground, so here in the 21st Century I am giving you some new sand to pound. The new "RACIST" is.......
R A C I S
Real American Citizens Ignoring Stupid
T
Threats
It is time for all of you Flower Children and Hippies to grow up, leave your mothers home, get a job and be somebody .... if you can ?

Wes of CA 2:04PM October 11, 2008