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This is the fate that should befall ALL employers of illegals. I only wish the sentence was longer and the penalty more severe.
Quote:
Longtime Fort Wright politician and business leader Jeff Wolnitzek was sentenced today to eight months in prison for using illegal immigrant labor at his commercial interior contracting company. He and his Crescent Springs-based business, Spectrum Interiors, also will forfeit $2 million earned from the illegal scheme.
The sentencing brought a standing-room only crowd of about 40 people to Bunning’s courtroom. It was a diverse group of people in support of Wolnitzek and business competitors who claimed he used illegal immigrants to undercut them when bidding on jobs.
What is this talk that Texas is a Sanctuary State?
On a more serious note: after reading a piece on the impending US gov't bailout of Fannie Mae, etc..........the pundit (Jim Jubak [sp]) flat said that we may be headed straight for a depression bypassing the recession. That IMHO will be 'final straw' for mass deportations to begin and possibly cancel birthright citizenship for those Anchers born after 1998 as our JDubsMom opined on.
What is this talk that Texas is a Sanctuary State?
On a more serious note: after reading a piece on the impending US gov't bailout of Fannie Mae, etc..........the pundit (Jim Jubak [sp]) flat said that we may be headed straight for a depression bypassing the recession. That IMHO will be 'final straw' for mass deportations to begin and possibly cancel birthright citizenship for those Anchers born after 1998 as our JDubsMom opined on.
When things initially started to crumble, my first thought was not OMG what are we going to do? it was now they will finally get up off their lard anuses and do something about the millions of people in this country illegally. These craptacular so called "financial institutions" were throwing bank accounts at and lending money to people with ZERO documentation. They were so sure this invasion would lead to amnesty and illegal pandering would eventually lead to customer loyalty that it never crossed their 2 or 3 combined braincells that they were setting the US up for demise. Either way, as a taxpayer, I am more than miffed at the idea of my money going to bail out these losers. I see BOA and Wells Fargo following in the footsteps of Fannie Mae and Indy Bank. They were two of the biggest IA supporting fraudulent mortgage lenders.
At the end of the day all of these crooks need to have all of their assets seized, and be trotted off to jail.
Quote:
Critics have charged that the open-ended offer of support exposes taxpayers to billions of dollars of losses.
Sen. Jim Bunning, R-Ky., told reporters Tuesday that Paulson is trying to "ram down" his proposal to shore up Fannie Mae and Freddie Mac, which Bunning said "smacks of socialism."
Rep. Jeb Hensarling, R-Texas, head of the conservative Republican Study Committee, said if Congress is "forced to bail out" the two companies, they should be privatized.
"If Congress is forced to bailout Fannie and Freddie, I believe that we must take all the necessary steps to protect taxpayers from" a potential collapse of the companies in the future, he said in a statement.
Paulson said that Fannie and Freddie have issued $5 trillion in debt and mortgage backed securities. Of that amount more than $3 trillion is held by U.S. financial institutions and more than $1.5 trillion is held by foreign institutions, making the stabilization of the two companies essential to the global economy.
"Because of their size and scope, Fannie and Freddie's stability is critical to financial market stability," Paulson told an audience at the New York Public Library. "Investors in our nation and around the world need to know that we understand how important these institutions are to our capital markets broadly and to the U.S. economy."
During a question and answer period, Paulson said that housing was at the "heart of our nation's economy." He added that a key to turning the housing market around was bringing home buyers back into the market, an area where he said Fannie and Freddie needed to play a critical role to provide mortgage financing.
The effort to provide support to the two mortgage giants follows the government's involvement in dealing with the near-collapse of Bear Stearns in March when the Federal Reserve provided a $30 billion loan to facilitate the sale of Bear Stearns to JPMorgan.
When things initially started to crumble, my first thought was not OMG what are we going to do? it was now they will finally get up off their lard anuses and do something about the millions of people in this country illegally. These craptacular so called "financial institutions" were throwing bank accounts at and lending money to people with ZERO documentation. They were so sure this invasion would lead to amnesty and illegal pandering would eventually lead to customer loyalty that it never crossed their 2 or 3 combined braincells that they were setting the US up for demise. Either way, as a taxpayer, I am more than miffed at the idea of my money going to bail out these losers. I see BOA and Wells Fargo following in the footsteps of Fannie Mae and Indy Bank. They were two of the biggest IA supporting fraudulent mortgage lenders.
At the end of the day all of these crooks need to have all of their assets seized, and be trotted off to jail.
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