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originally posted by: IgnoranceIsntBlisss
a reply to: Greven
Who is pissed at legal immigrants?
I hereby proclaim that the immigrant and nonimmigrant entry into the United States of aliens from countries referred to in section 217(a)(12) of the INA, 8 U.S.C. 1187(a)(12), would be detrimental to the interests of the United States, and I hereby suspend entry into the United States, as immigrants and nonimmigrants, of such persons for 90 days from the date of this order
originally posted by: Metallicus
a reply to: Greven
You are using a very poor tactic by lumping all poor people and all immigrants into only one basket. The problem individuals are generational poor people that think welfare and other Government programs are an alternative to a job and the ILLEGAL immigrants.
I have nothing, but love for people that come to our country legally.
11.7% Black, 11.7% Hispanic/Latino, 5.5% White, 4.3% Asian
originally posted by: Greven
It's nice that you like legal immigration, but President Trump's blocked order didn't distinguish well between the two.
originally posted by: digital01anarchy
Lol the big short did you watch the movie? It was the poor! Who do you think got the loans that couldn't make the payments.
#2 bill clinton a democrat forced the banks to make risker loans with a bill. Shady people got into the game to make money hell i knew a few friends who did loans and made a killing at 80,000 a year. I'm talking about kids 19 to 22 years old at the time before it tanked and they didn't have alot of skills.
#3 believe it or not but fannymae had a loan program for illegal aliens which tanked HARD. Most of the loans ballooned into higher payments which basically sucked the victim dry at the end. It wasn't the banks who created the mess through deregulation it was the dems pushing for housing for everyone.
The banks basically tried to stay afloat with all the tricks they pulled. Dems hustled the poor and illegals with a false american dream of owning a house and the banks sucked them dry foreclosed on their property got bailed out then owned large amounts of property which they started to up the prices on years later. Lol the dems conned the people who voted for them and got everyone to pay the banks when it failed which is what they wanted. The banks owning the property raised the prices on all the housing later and made a killing. The big short is just that too short to fully explain what actually happened.
Who paid the price for it? All united states Americans did. We leveraged our childrens/grand childrens futures to bail out the banks who actually bought all the property and still own it. They didnt actually spend a dime we paid for it and they own it.
So yes it was the illegals and the poor who got bill clinton elected. It was the illegals and poor who didnt read the contracts to see if they could actually pay for the house 6 months down the road.
They got conned but some blame does go to them. The banks and the dems are the con men!
The Community Reinvestment Act applies to depository banks. But many of the institutions that spurred the massive growth of the subprime market weren't regulated banks.
Second, many of the biggest flameouts in real estate have had nothing to do with subprime lending. WCI Communities, builder of highly amenitized condos in Florida (no subprime purchasers welcome there), filed for bankruptcy in August.
Third, lending money to poor people and minorities isn't inherently risky. There's plenty of evidence that in fact it's not that risky at all. That's what we've learned from several decades of microlending programs, at home and abroad, with their very high repayment rates.
originally posted by: OccamsRazor04
a reply to: Greven
Yes, they can, and do. Legal non citizens vote too. Both do so illegally.
The real problem is that the legal family members will vote for whoever gives the most to their illegal family who are here. So even if no illegals vote, pandering to illegals garners MILLIONS of votes.