To: AuntB
Not ignoring anything, but it's important to use factual information so we don't sound like liberals.
The article title referenced mortgages to illegals, which I assume to not be a huge number of mortgages made to illegals in the scheme of things.
The core of the mortgage problem today has very little to do with illegals getting mortgages.
There are a huge number of illegals however who have bank accounts here. This is legally ok for banks to do, but it is morally wrong in my opinion.
But the real issue is that we let the flood of illegals in in the first place.
20 posted on
09/23/2008 2:44:45 PM PDT by
HereInTheHeartland
(Help fight the left's anointed candidate, contribute and work for McCain/Palin..)
To: HereInTheHeartland
You do know that the government encouraged this FRAUD through the Community Redevelopment Act. Goverment complicity in racketering does not make it good. It just means that politicians and community activists should be jailed, along with corrupt bureacrats and bank managers.
Consumers, creditors, and taxpayers were told the rules were A, when they were B.
30 posted on
09/23/2008 11:21:18 PM PDT by
rmlew
(NYARLATHOTEP / BIDEN'08 . If you don't believe me check out the first's wikipedia page.)
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