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41%  
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Keyword: subprome

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  • MALKIN: Illegal immigrant factor

    09/27/2008 8:25:18 PM PDT · by frithguild · 12 replies · 716+ views
    The Washington Times ^ | Sunday, September 28, 2008 | Michelle Malkin
    The Mother of All Bailouts has many fathers. ***But there's one giant paternal elephant in the room that has slipped notice: how illegal immigration, crime-enabling banks and Bush open-borders policies fueled the mortgage crisis. It's no coincidence that most of the areas hit hardest by the foreclosure wave - Loudoun County, Va., California's Inland Empire, Stockton and San Joaquin Valley, and Las Vegas and Phoenix, for starters - also happen to be some of the nation's largest illegal alien sanctuaries. Half of the mortgages to Hispanics are subprime (the accursed species of loan to borrowers with the shadiest credit histories)....