Illegal Loans by Michelle Malkin on National Review Online
The Mother of All Bailouts has many fathers. As panicked politicians prepare to fork over $1 trillion in taxpayer funding to rescue the financial industry, they’ve fingered regulation, deregulation, Fannie Mae and Freddie Mac, the Community Reinvestment Act, Jimmy Carter, Bill Clinton, both Bushes, greedy banks, greedy borrowers, greedy short-sellers, and minority home ownership mau-mauers (can’t call ‘em greedy, that would be racist) for blame.
But there’s one giant paternal elephant in the room that has slipped notice: how illegal immigration, crime-enabling banks, and open-borders Bush policies fueled the mortgage crisis.
It’s no coincidence that most of the areas hardest hit by the foreclosure wave — Loudoun County, Va., California’s Inland Empire, Stockton and San Joaquin Valley, and Las Vegas and Phoenix, for starters — also happen to be some of the nation’s largest illegal-alien sanctuaries. Half of the mortgages to Hispanics are subprime (the accursed species of loan to borrowers with the shadiest credit histories). A quarter of all those subprime loans are in default and foreclosure.
Seriously? It's all my fault? Mine and the fault of millions of other Latinos living our lives as Americans and paying our taxes and minding our own business? Por mi culpa, por mi culpa, por mi gran culpa. And yes, I know she is saying illegal immigrants but the fact is, she's a brown person casting blame on other brown people and trying to take attention away from the real culprits. In order to do that you have to paint us all with the same paintbrush and people who think like her don't distinguish between me, a 4th generation American, and the folks who just got here.
Here's the entry about this stupidity on Crooks and Liars. Thank god some people have some sense.
Malkin can kiss my brown, legal ass.
My thanks to seferin for pointing this one out to me.