Illegal Immigration and the Bailout
One More Story you Won't see at MSNBC, CNN, CBS, Time, Newsweek, et.al.
This week's Blogs4Borders' video report takes a look at the connection between illegal immigrants and the massive proposed $700 billion bailout--defeated yesterday in the House of Representatives.
Vigilance Dispatch: Everyone is talking about the massive bailouts. How has illegal immigration fed into the financial crisis that Washington plans to fix using our taxpayer dollars?
Michelle Malkin addressed this very issue last week in "Kill the bailout: Illegal immigration and the mortgage mess": it is "the bailout angle no one wants to talk about: Open borders and the home loan debacle."
You’ve heard a lot about Fannie/Freddie and the minority lending shakedowns, but you haven’t heard most commentators/analysts on either the left or the right talk about the massive illegal alien mortgage racket — a topic I’ve reported on for the past five years. That’s because fault lies at the feet of the crime-enabling banking industry and the ethnic lobbyists and the illegal alien-enabling Bush administration.
They screwed us. Now, they want us to fork over a trillion dollars.
Kill this bailout.
And I second Mark Krikorian: Credit is not a civil right. It’s not a civil right for illegal aliens. For foreign banks. For American banks. For anyone. The bailout proposal, as I noted earlier, now includes student loans and auto loan debt. Will our tax dollars next cover foreign student loan debts? Illegal alien in-state discounted college tuition debt? Where and when will it end?
It's all about buying votes.
Democrats, as the party of a wide collection of special interests, are accomplished masters at the tactic. President Bush, with his Prescription Drug Benefits; and Republicans senators and congressmen--with their EarmarkMania--horned in on the racket.
It was one of Bush's singular failures. Republicans lost their majorities in Congress, at least partially, because of it. The Republican Party is home to a sizable constituency that sees securing votes at the the public expense as wrong.
Little wonder you hear little of this among a Mainstream Media anxious to throw more taxpayers' logs on the financial fire.
image: Atlas Shrugged