The idea of the “[American] ownership society” is preferable to the alternative of an alienated population which is then susceptible to being recruited into revolutionary communist factions South of the border.
>>There is nothing noble about using one person’s money to benefit another
Conservative banking institutions do it all the time -- With the expectation of a quid-pro-quo through equitable commerce rendered in the process of community development.
The notion of doing so is consistent with these American words, written in stone upon the walls of the Jefferson memorial (regardless of whether or not Thomas Jefferson is recognized by the Texass school curriculum):
It would be interesting to see a distribution of foreclosure rates among various ethnic groups.
Especially between:
A: Recent immigrants for whom English is a second language to Spanish,
and
B: White trash who bought their McMansions and toys with a Liar loan because they were expecting to be raptured before the ARM exploded.