Bank of America needs more than $80 billion in capital: FBR

MarketWatch ^ | 2009-01-20

[Razz Barry]

Illegal immigration is to blame for our economic woes!

Yes, more than we'll ever know.

"Nineteen ninety-four was the same year that California voters rebelled and overwhelmingly passed Proposition 187, which sought to limit liability for mass illegal immigration. Since then, state and local governments have blatantly ignored the wishes of the voters and continued to shell out publicly financed benefits on illegal aliens," said Stein. "Predictably, the costs of illegal immigration have grown geometrically, while the state has spiraled into a fiscal crisis that has brought it near bankruptcy. Illegal Immigration Costs California Over Ten Billion Annually

The stories about HUD having to deal with millions of bad loans that were issued to illegal immigrants is an indisputable fact. It is also a fact that HUD is outrage that the facts were brought out and that HUD does not differentiate between those in the US legally and those in the country illegally.Democrats Scramble To Cover-up HUD Loans To Illegal Immigrants--Why!