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Old 05-20-2009, 08:57 AM
 
3,536 posts, read 5,081,161 times
Reputation: 822

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Quote:
Originally Posted by Benicar View Post
Ignorant? I think you must be referring to yourself.


Selling illegal immigrants the American dream


American Renaissance News: Pilot Program Funds Mortgage Loans for Illegal Immigrants (http://www.amren.com/mtnews/archives/2005/01/pilot_program_f.php - broken link)


Mortgage Prospects Dim for Illegal Immigrants - WSJ.com

Now, who did you say is ignorant?
So if they had a lower delinquent rate...how did they start the crisis?
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Old 05-20-2009, 09:02 AM
 
Location: The Wine Country, CA
807 posts, read 1,117,511 times
Reputation: 302
Quote:
Originally Posted by that1guy View Post
Not all Hispanics are not illegals!!! Whith that said, why is this on this sub-forum?
.
Your Quote "Not All Hispanics are Not Illegals?" ummm..

Looks like the race-baiting has become obvious, hasn't it?..
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Old 05-20-2009, 09:06 AM
 
Location: The Wine Country, CA
807 posts, read 1,117,511 times
Reputation: 302
Quote:
Originally Posted by that1guy View Post
Not all Hispanics are not illegals!!! Whith that said, why is this on this sub-forum?

The reason why 7 of the top 10 were heavily Hispanic is due to the fact that the regions that posted the amounts of growth since the 1930s is the sunbelt. Guess what a lot of people are in this region? What country did this part of the US originally belong to? Half of mortgages were NOT given to Hispanics...56% were given to non-Hispanic Whites...only 14% were given to Hispanics. Of 14% 20% were subprime loans given to Hispanics (47% of Hispanics recieved subprime loans). So out of every loan given...2.8% were subprime loans given to Hispanics. With that 20% of Hispanics are illegal in the US (11 million illegal immigrants, with a percentage of 81% being Hispanic)...that means that if every illegal immigrant was granted a loan... .05% of those would be from illegal immigrant Hispanics obtaining subprime loans. With that said, the homeowner rate for illegals is closer to nill. So the percent of this crisis from illegal immigrants is closer to 0.

On a national scale, the problem was not caused by illegal immigrants. What is more telling is the fact that newer communities in out lying suburbs with substaintally higher than average incomes were the hardest hit. Newer communities of Stockton and the Inland Empire were harder hit than older, more established communities. Compton has a lower forclosure rate than Chino Hills.
Much of the demographic growth in many of the Top 10 foreclosed areas were due to the influx of Illegal Aliens.. I know, I have lived in the Modesto/Stockton area during the housing boom years..

"What Country did this part of the U.S.A. originally belong to?".. Again, More Race-Baiting and Pro-MeCha Racist Propaganda..

The "Newer" communities in areas such as Stockton were hardest hit due to people living beyond their means and NOT putting their finances into perspective when looking to purchase a home.. Back on the issue, the travesty of all of this, is that Illegal aliens were allowed to purchase new homes to begin with..
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Old 05-20-2009, 09:06 AM
 
291 posts, read 353,453 times
Reputation: 73
Quote:
Originally Posted by bipolarpunk View Post
Oh that's right! Those poor illegals were victims.. They KNEW that they should have been able to afford a home priced at $500,000 on an $8.00 an hour job working under the table at that Fast Food restaurant..

Damn those Taxpayers for NOT paying off the homes of those poor helpless hardworking illegals..
THANKYOU! that's why areas in border states have the biggest impact
of forclosures.hand in hand with scancurary cities soon to be gost towns
this gringo saw the writing on the wall when they did the community reinvestment act, acorn yep poor minories, what ? the welfare payments wont cover the house we are buying for you? no tax revenue in CA ha..ha
thats what happens when the working class american vanish .
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Old 05-20-2009, 09:08 AM
 
Location: Maryland
15,179 posts, read 15,823,428 times
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Quote:
Originally Posted by that1guy View Post
So if they had a lower delinquent rate...how did they start the crisis?
Please direct me to the post in which I stated, “They started the crisis.”
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Old 05-20-2009, 09:43 AM
 
3,536 posts, read 5,081,161 times
Reputation: 822
Quote:
Originally Posted by bipolarpunk View Post
Your Quote "Not All Hispanics are Not Illegals?" ummm..

Looks like the race-baiting has become obvious, hasn't it?..
What? Are all Hispanics illegal? Race baiting? No simply pointing out a flaw in the argument. Did I mention racism?
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Old 05-20-2009, 09:48 AM
 
3,536 posts, read 5,081,161 times
Reputation: 822
Quote:
Originally Posted by Benicar View Post
Please direct me to the post in which I stated, “They started the crisis.”
I'm pointing out that this is not even relevant to the "illegal problem". Posting how illegals obtained loans and on a thread about how illegals perpetuated the crisis is insinuating that they are somehow the cause of the crisis. So no, you did not...but many people have infered that which means that meaning it is not that clear whether or not you (or the OP) are in fact implying that.
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Old 05-20-2009, 09:49 AM
 
3,536 posts, read 5,081,161 times
Reputation: 822
Quote:
Originally Posted by bipolarpunk View Post
Your Quote "Not All Hispanics are Not Illegals?" ummm..

Looks like the race-baiting has become obvious, hasn't it?..
So forget about the crux of my argument... eh?
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Old 05-20-2009, 06:22 PM
 
95 posts, read 112,026 times
Reputation: 30
Quote:
Originally Posted by JDubsMom View Post
Now that your theory has been debunked by stories from two non (so-called) right winged, very reputable sources that backed up what Michelle stated, you want statistics.

How did those two articles (one from 2004, and another from 2003 ) back up Michelle Malkin's statements? She is insinuating that the housing collapse was the fault of illegals. Those articles are just reporting that banks were giving loans to illegals.

And of course Malkin needs to be attacked. Like 'that1guy' mentioned, she can't even differentiate between Hispanics and illegals in that opinion piece that you posted.
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Old 05-20-2009, 06:29 PM
 
7,020 posts, read 9,902,772 times
Reputation: 1094
Quote:
Originally Posted by elansingghost View Post
How did those two articles (one from 2004, and another from 2003 ) back up Michelle Malkin's statements? She is insinuating that the housing collapse was the fault of illegals. Those articles are just reporting that banks were giving loans to illegals.

And of course Malkin needs to be attacked. Like 'that1guy' mentioned, she can't even differentiate between Hispanics and illegals in that opinion piece that you posted.
You know what? Your twisting in the wind in lieu of staying on topic has gotten quite old. It is definitely not worth another minute of my time. Have a good evening.
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