Wednesday, July 21, 2010

IMMIGRANTS GOOD OR BAD? An American Sees & Speaks

If you build it, they can't come. Build the wall.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Ask Israel if a wall works!


Israel has built a substantial double wall that keeps out those who wish to kill them with bombs, etc.-- IT WORKS!

The Berlin wall, intended to keep people in, WORKED!

Presidente Jorge Bush willfully delayed the wall construction because he was an NAU, open border, quisling RINO who believes in that "cheap" labor for his business friends. Of course such so-called "cheap" labor will be STAGGERINGLY expensive all-in socio-economically to AMERICA.

The ObaMessiah IMMEDIATELY stopped the wall construction! He KNOWS that ILLEGAL aliens are big entitlement guvment voters to be-- job security for the Left.

The damm border fence could work if completed...as Robert Frost said, good fences make good neighbors.

ILLEGALS need to get CLEAR signals from America, whose politicians have waffled collectively...the invaders choose to hear only the PC, open border, sanctuary city, NAU, one-world, "come try our welfare state" messages.

Finishing the fence AND cracking down on employers would send the RIGHT clear message.

IMMIGRANTS - Good or Bad? by John Stossel

Open immigration is dangerous today, however, because some immigrants want to murder us. And now that America is a welfare state, some want to come here just to freeload.


John Stossel
Immigrants -- Good or Bad?

I'm confused about immigration.
We libertarians believe in free trade. That includes trade in labor, too. New people bring us not just labor, but also good new ideas. Open immigration during America's first hundred years helped make America rich.
Open immigration is dangerous today, however, because some immigrants want to murder us. And now that America is a welfare state, some want to come here just to freeload. That great champion of freedom Milton Friedman said Mexican immigration is a good thing -- but only so long as it's illegal. "Why? Because as long as it's illegal for people to come, they don't qualify for welfare and Social Security. So they migrate to jobs."
But closing our eyes to illegal immigration cannot be good policy. So what should American do?
I sat down with Heather MacDonald of the conservative Manhattan Institute, author of "The Immigration Solution," and Jason Riley of The Wall Street Journal's editorial board, author of "Let Them In." I respect them both. But they radically disagree on immigration policy.
"The case for open borders is a case for letting the law of supply and demand, the free market, determine the level of immigration," Riley said. "Right now, that determination is being made by politicians and public policy makers. ... And like all exercises in Soviet-style central planning, it's been a complete disaster. We have thriving markets in document fraud ... and 12 million-plus illegal aliens. ... (W)e would do better to move to a system that allowed the free market to determine the level of immigration. And that's the case for open borders." Riley proposes a guest-worker program. "That is the way to reduce illegal immigration."
Heather MacDonald retorts: "A country is not a firm. And it is absolutely the prerogative of a nation and its people to decide its immigration policy. ... We should have an immigration policy that accentuates our natural economic advantage in the 21st century, which is as a high-tech, high-science economy. ... (T)he overwhelming number of immigrants that are coming in largely illegally are extremely low skilled."
MacDonald worries that "we're facing, for the first time in this country's history ... the first decrease in national literacy and numeracy ... . "
She wants to copy Australia's and Canada's policy: "high skills, English language and education. ... We should be looking out for our own economic self-interest." Riley disagreed with MacDonald's claim that Mexican immigrants don't fit America's modern economy.
"(T)oday's immigrants coming here are not different in terms of their behavior patterns, in terms of their assimilation levels. They are simply newer."
(STOSSEL SHOULD VISIT MEXIFORNIA! DROP BY ANY PRISON OR JAIL AND FIND OUT HOW MANY ILLEGALS, OVERWHELMINGLY FORM NARCOMEX, ARE INCARCERATED! OR RING UP SOME OF THE FAMILIES OF THE 2000 CALIFORNIANS MURDERED BY ILLEGALS WHO THEN FLED BACK TO NARCOMEX!
CRIME…. DO A SEARCH FOR “MEXICAN GANGS” IN ANY PAPER!

"Immigrants increase crime!" is another charge hurled at illegals, but the data don't bear that out. There has been a surge in immigration over recent years, but crime has been dropping. Crime has dropped in the border areas of Arizona and California, too.
MacDonald said crime was high during immigration surges in the 1970s and '80s, and attributed the recent drop to higher incarceration rates. But Riley noted, "Incarceration reports from the Justice Department ... show that the native-born are five times more likely than the immigrant population to be arrested and incarcerated ... ."
But if today's illegals are not eligible for welfare, less likely to commit crimes and eager to work, why are people in the border states so ticked off?
"Why wouldn't they be?" Riley said. "It's chaos down there. There's trespassing. There are people breaking the law. We're a nation of laws. It's out of control. The question is how to fix it. And I don't think sealing off the border is the best way to fix it. I think regulating the flow is the best way to fix it."
It would be easier to "regulate the flow" if America made it easier for people to work here legally. State Department data show that a British Ph.D. in bioengineering must wait about six months to get a green card. A South African computer programmer, six years. An Indian computer programmer, 35 years.
A Mexican with a high school diploma must wait a theoretical 131 years! No wonder people sneak into America.
Black markets make problems worse. America should let more people come here legally.

BERNANKE: Unemployment Will Remain Stubbornly High For Years! SO WHY THEN AMNESTY, OPEN BORDERS & NO E-VERIFY???

latimes.com
Bernanke says economic outlook is 'unusually uncertain'
In congressional testimony, the Fed chairman predicts that unemployment will remain stubbornly high for years. His comments send stocks down sharply.

By Walter Hamilton, Los Angeles Times

1:28 PM PDT, July 21, 2010


Federal Reserve Chairman Ben S. Bernanke painted a generally downbeat picture of the U.S. economy Wednesday, saying the overall outlook is "unusually uncertain" and predicting that unemployment will remain stubbornly high for several years.

Slowly improving consumer and business spending will help the economy grow 3% to 3.5% this year and 3.5% to 4.5% in each of the next two years, Bernanke told members of the Senate Banking Committee in his semiannual testimony to Congress.

But it will take "a significant amount of time" to reclaim the 8.5 million jobs lost during the recession, he said. The national unemployment rate, currently 9.5%, is expected to decline only to 7% to 7.5% by the end of 2012, Bernanke said.

"Nearly half of the unemployed have been out of work for longer than six months," Bernanke said. "Long-term unemployment not only imposes exceptional near-term hardships on workers and their families, it also erodes skills and may have long-lasting effects on workers' employment and earnings prospects."

Bernanke's statements sent the markets down sharply. The Dow Jones industrial average of 30 blue-chip stocks had been flat but fell more than 125 points midway through his testimony.

The tone of Bernanke's comments matches that of many private forecasters, who have grown less sanguine with the economic outlook in the last few months. Though most experts believe the economic recovery will continue, the consensus is that it will be slower and more grinding than once envisioned.

Other drags on the economy, Bernanke said, include the "weak" housing market and a "somewhat weaker outlook" for financial conditions, including the high debt levels and troubled economic situation in Greece and several other European countries.

Though the financial services industry has recovered significantly from the financial crisis, "many banks continue to have a large volume of troubled loans on their books, and bank lending standards remain tight," he said.

CULTURE OF CORRUPTION - On Being Mexico's Welfare System

MEXICANOCCUPATION.blogspot.com
From the above blog, email articles to those concerned about Obama’s endless push for amnesty.
FAIRUS.org
JUDICIAL WATCH.org
ALIPAC.us
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WE ARE MEXICO’S WELFARE and PRISON SYSTEMS!
“Mexico’s government has provided its nationals with valuable tools to help them cross the border safely but Dominguez is the first American resident, with a salary provided by U.S. taxpayers, to openly promote such a gadget. A few years ago Mexican officials published a 32-page booklet (Guia Del Migrante Mexicano) with safety tips for border crossers and distributed hand-held satellite devices to ensure the violators complete their journey safely.”
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MOST OF THE FORTUNE 500 ARE DONORS TO LA RAZA
LA RAZA, THE MEXICAN FASCIST PARTY of AMERICA IS THE FASTEST GROWING POLITICAL PARTY IN AMERICA! THE GOAL IS OPEN BORDERS, AMNESTY & MEXICAN SUPREMACY.
THERE ARE 90 MEMBERS OF THE HOUSE OF REPRESENTATIVES’ CONGRESSIONAL HISPANIC CAUCUS, WHICH IS LA RAZA.
CALIFORNIA HAS FOUR LA RAZA MEMBERS OF CONGRESS. ALL ARE HIGHLY RACIST MEXICAN SUPREMACISTS.
THEY ARE:
Los Angeles Mayor Antonio Villaraigosa
Rep. Xavier Becerra
Rep. Joe Baca
Rep. Loretta Sanchez
Rep. Linda Sanchez (sister above)
IN OBAMA’S STATE, Rep. Luis Gutierrez is pushing for RADICAL AMNESTY.

ALL WERE ELECTED WITH THE CONSIDERABLE VOTES OF ILLEGALS.
ALL VOTED TO INCLUDE ILLEGALS IN THE PELOSI-OBAMACARE
Reps. Becerra, and both Sanchez sisters have condemned the people of Arizona for attempting to secure their borders against the Mexican invasion, occupation, crime tidal wave, and ever expanding welfare state for illegals.
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FIFTEEN THINGS YOU SHOULD KNOW ABOUT LA RAZA “THE RACE”

by Michelle Malkin
(get Malkin’s book on OBAMA NOTED below!)


Only in America could critics of a group called "The Race" be labeled racists. Such is the triumph of left-wing identity chauvinists, whose aggressive activists and supine abettors have succeeded in redefining all opposition as "hate."
Both Barack Obama and John McCain will speak this week in San Diego at the annual conference of the National Council of La Raza, the Latino organization whose name is Spanish for, yes, "The Race." Can you imagine Obama and McCain paying homage to a group of white people who called themselves that? No matter. The presidential candidates and the media have legitimized "The Race" as a mainstream ethnic lobbying group and marginalized its critics as intolerant bigots. The unvarnished truth is that the group is a radical ethnic nationalist outfit that abuses your tax dollars and milks PC politics to undermine our sovereignty.
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Here are 15 things you should know about "The Race":
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15. "The Race" supports driver's licenses for illegal aliens.
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14."The Race" demands in-state tuition discounts for illegal alien students that are not available to law-abiding U.S. citizens and law-abiding legal immigrants.
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13. "The Race" vehemently opposes cooperative immigration enforcement efforts between local, state and federal authorities.
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12. "The Race" opposes a secure fence on the southern border.
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11. "The Race" joined the American-Arab Anti-Discrimination Committee in a failed lawsuit attempt to prevent the feds from entering immigration information into a key national crime database -- and to prevent local police officers from accessing the data.
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10. "The Race" opposed the state of Oklahoma's tough immigration-enforcement-first laws, which cut off welfare to illegal aliens, put teeth in employer sanctions and strengthened local-federal cooperation and information sharing.
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9. "The Race" joined other open-borders, anti-assimilationists and sued to prevent Proposition 227, California's bilingual education reform ballot initiative, from becoming law.
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8. "The Race" bitterly protested common-sense voter ID provisions as an "absolute disgrace."
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7. "The Race" has consistently opposed post-9/11 national security measures at every turn.
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6. Former "Race" president Raul Yzaguirre, Hillary Clinton's Hispanic outreach adviser, said this: "U.S. English is to Hispanics as the Ku Klux Klan is to blacks." He was referring to U.S. English, the nation's oldest, largest citizens' action group dedicated to preserving the unifying role of the English language in the United States. "The Race" also pioneered Orwellian open-borders Newspeak and advised the Mexican government on how to lobby for illegal alien amnesty while avoiding the terms "illegal" and "amnesty."
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5. "The Race" gives mainstream cover to a poisonous subset of ideological satellites, led by Movimiento Estudiantil Chicano de Aztlan, or Chicano Student Movement of Aztlan (MEChA). The late GOP Rep. Charlie Norwood rightly characterized the organization as "a radical racist group … one of the most anti-American groups in the country, which has permeated U.S. campuses since the 1960s, and continues its push to carve a racist nation out of the American West."
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4. "The Race" is currently leading a smear campaign against staunch immigration enforcement leaders and has called for TV and cable news networks to keep immigration enforcement proponents off the airwaves -- in addition to pushing for Fairness Doctrine policies to shut up their foes. The New York Times reported that current "Race" president Janet Murguia believes "hate speech" should "not be tolerated, even if such censorship were a violation of First Amendment rights."
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3. "The Race" sponsors militant ethnic nationalist charter schools subsidized by your public tax dollars (at least $8 million in federal education grants). The schools include Aztlan Academy in Tucson, Ariz., the Mexicayotl Academy in Nogales, Ariz., Academia Cesar Chavez Charter School in St. Paul, Minn., and La Academia Semillas del Pueblo in Los Angeles, whose principal inveighed: "We don't want to drink from a White water fountain, we have our own wells and our natural reservoirs and our way of collecting rain in our aqueducts. We don't need a White water fountain … ultimately the White way, the American way, the neo liberal, capitalist way of life will eventually lead to our own destruction."
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2. "The Race" has perfected the art of the PC shakedown at taxpayer expense, pushing relentlessly to lower home loan standards for Hispanic borrowers, reaping millions in federal "mortgage counseling" grants, seeking special multimillion-dollar earmarks and partnering with banks that do business with illegal aliens.
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1. "The Race" thrives on ethnic supremacy -- and the elite sheeple's unwillingness to call it what it is. As historian Victor Davis Hanson observes: "[The] organization's very nomenclature 'The National Council of La Raza' is hate speech to the core. Despite all the contortions of the group, Raza (as its Latin cognate suggests) reflects the meaning of 'race' in Spanish, not 'the people' -- and that's precisely why we don't hear of something like 'The National Council of the People,' which would not confer the buzz notion of ethnic, racial and tribal chauvinism."
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The fringe is the center. The center is the fringe. Viva La Raza.
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“Wherever there’s a Mexican, there is Mexico!”... President Calderone. As an American living under Spanish speaking Mexican occupation, I would add to this “Where there’s a Mexican, there’s a violent Mexican gang!”
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LA RAZA AGENDA: 3 Examples
Richard Alatorre, Los Angeles City Council "They're afraid we're going to take over the governmental institutions and other institutions. They're right. We will take them over. . We are here to stay."

Mario Obledo, California Coalition of Hispanic Organizations and California State Secretary of Health, Education and Welfare under Jerry Brown, also awarded the Presidential Medal of Freedom by Bill Clinton "California is going to be a Hispanic state. Anyone who doesn't like it should leave."

Jose Pescador Osuna, Mexican Consul General We are practicing "La Reconquista" in California."
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THE LA RAZA AGENDA
AGENDA OF LA RAZA, et al
TAKEN FROM TRANSCRIPTS DATED 1995. MANY OF THESE LA RAZA POLITICIANS HAVE WON HIGHER OFFICES WITH THE VOTES OF ILLEGALS.

“WE WILL TAKE CONTROL OF OUR COUNTRY (U.S.) BY VOTE IF POSSIBLE AND VIOLENCE IF NECESSARY!”
Agendas of MEChA, La Raza, MALDEF, and Southwest Voter Registration Projects These are transcripts of live, recorded statements by elected U.S. politicians, college professors, and pro-illegal alien activists whose objective is to take control of our country "by vote if possible and violence if necessary!" 1. Armando Navarro, Prof. Ethnic Studies, UC Riverside at Latino Summit Response to Prop 187, UC Riverside, 1/1995
"These are the critical years for us as a Latino community. We're in a state of transition. And that transformation is called 'the browning of America'. Latinos are now becoming the majority. Because I know that time and history is on the side of the Chicano/Latino community. It is changing in the future and in the present the balance of power of this nation. It's a game - it's a game of power - who controls it. You (to MEChA students) are like the generals that command armies. We're in a state of war. This Proposition 187 is a declaration of war against the Latino/Chicano community of this country. They know the demographics. They know that history and time is on our side. As one community, as one people, as one nation within a nation as the community that we are, the Chicano/Latino community of this nation. What this means is a transfer of power. It means control."

“THE NEW LEADERSHIP OF THE AMERICAS... IS MEXICAN!”
“REMEMBER: (PROPOSITION) 187 IS THE LAST GASP OF WHITE AMERICA IN CALIFORNIA!”

2. ART TORRES
Art Torres, former CA state senator, currently Chair of California Democrat Party at UC Riverside 1/1995 "Que viva la causa! It is an honor to be with the new leadership of the Americas, here meeting at UC Riverside. So with 187 on the ballot, what is it going to take for our people to vote - to see us walking into the gas ovens? It is electoral power that is going to make the determination of where we go as a community. And power is not given to you -- you have to take it. Remember: 187 is the last gasp of white America in California. Understand that. And people say to me on the Senate floor when I was in the Senate, 'Why do you fight so hard for affirmative action programs?' And I tell my white colleagues, 'because you're going to need them.'"

“WE ARE NOT IMMIGRANTS THAT CAME FROM ANOTHER COUNTRY TO ANOTHER COUNTRY....WE ARE FREE TO TRAVEL THE LENGTH AND BREADTH OF THE AMERICAS BECAUSE WE BELONG HERE.”

3. Jose Angel Gutierrez, Prof. Univ. Texas at Arlington, founder La Raza Unida Party at UC Riverside 1/1995 "The border remains a military zone. We remain a hunted people. Now you think you have a destiny to fulfill in the land that historically has been ours for forty thousand years. And we're a new Mestizo nation. And they want us to discuss civil rights. Civil rights. What law made by white men to oppress all of us of color, female and male. This is our homeland. We cannot - we will not- and we must not be made illegal in our own homeland. We are not immigrants that came from another country to another country. We are migrants, free to travel the length and breadth of the Americas because we belong here. We are millions. We just have to survive. We have an aging white America. They are not making babies. They are dying. It's a matter of time. The explosion is in our population."

“WE HAVE TO BAND TOGETHER, AND THAT MEANS LATINOS IN FLORIDA, CUBAN-AMERICANS, MEXICAN-AMERICAS, PUERTO RICANS, SOUTH AMERICANS, WE HAVE TO NETWORK BETTER......”
BILL RICHARDSON. WE ALL WERE WITNESS TO OBAMA, ALWAYS THE HISPANDERER, ATTEMPT TO PUT RICHARDSON IN HIS CABINET TO SIGNAL THE ILLEGALS THAT AMNESTY WAS COMING. LIKE MOST HISPANIC POLITICIANS, RICHARDSON WAS TOO CORRUPT TO PASS EVEN THE CORRUPT CONGRESS AND WITHDREW HIS NOMINATION.
4. Bill Richardson, New Mexico Governor, former U.S. Congressman, U.N. Ambassador, U.S. Secretary of Energy interviewed on radio Latino USA responding to Congressional Immigration Reform legislation in 1996 "There are changing political times where our basic foundations and programs are being attacked, illegal and legal immigration are being unfairly attacked. We have to band together, and that means Latinos in Florida, Cuban-Americans, Mexican-Americans, Puerto Ricans, South Americans, we have to network better - we have to be more politically minded, we have to put aside party and think of ourselves as Latinos, as Hispanics more than we have in the past."


“WE’RE GOING TO TAKE OVER ALL THE POLITICAL INSTITUTIONS IN CALIFORNIA. IN FIVE YEARS THE HISPANICS ARE GOING TO BE THE MAJORITY POPULATION OF THIS STATE.... ANYONE THAT DOESN’T LIKE IT SHOULD LEAVE IT!”, Mario Obledo,
Mario Obledo, founding member/former national director of Mexican-American Legal Defense and Educational Fund (MALDEF), former CA Secretary Health/Welfare on Tom Leikus radio talk show "We're going to take over all the political institutions in California. In five years the Hispanics are going to be the majority population of this state." Caller: "You also made the statement that California is going to become a Hispanic state and if anyone doesn't like it they should leave - did you say that?" Obledo: "I did. They ought to go back to Europe."

“WELCOME TO CALIFORNIA.. THE ILLEGAL IMMIGRATION STATE!”
6. Mario Obledo CCIR commentary on Mario Obledo: When CCIR, the California Coalition for Immigration Reform, erected a billboard on the California/Arizona border reading, "WELCOME TO CALIFORNIA, THE ILLEGAL IMMIGRATION STATE", Mario Obledo, infuriated, went to the billboard location and threatened to blow it up or burn it down. Even after this threat to deny American citizens their freedom of speech, President Clinton awarded Obledo the Presidential Medal of Freedom, America's highest civilian honor. CCIR question to Obledo: "Jose Angel Gutierrez said, 'We have an aging white America, they are dying, I love it.' How would you translate that statement?" Obledo: "He's a good friend of mine. A very smart person."

“THEY’RE AFRAID THAT WE’RE GOING TO TAKE OVER THE GOVERNMENT INSTITUTIONS AND OTHER INSTITUTIONS. THEY ARE RIGHT, WE WILL TAKE THEM OVER....”
7. Richard Alatorre, former Los Angeles City Councilman at Latino Summit conference in Los Angeles opposing CA Prop. 209 ending affirmative action in 9/1996 "Because our numbers are growing, they're afraid about this great mass of minorities that now live in our community. They're afraid that we're going to take over the governmental institutions and other institutions. They are right, we will take them over, and we are not going to go away - we are here to stay, and we are saying 'ya basta' (enough!) and we are going to turn... and de... not elect or re-elect people that believe that they are going to advance their political careers on the backs of immigrants and the backs of minorities."

MEXICAN SUPREMACIST LA RAZA PARTY REP. FROM INLAND EMPIRE WHERE HE WORKS HARD TO THE EXPANSION OF THE MEXICAN OCCUPATION AND WELFARE SYSTEM.


“THE LATINOS ARE COMING... THE LATINOS ARE COMING!!! AND THEY’RE GOING TO VOTE!”

8. Joe Baca, former CA Assemblymember, currently member of Congress at Latino Summit Response to Prop 187 UC Riverside 1/1995 and Southwest Voter Registration Project annual conference in Los Angeles, 6/1996 "We need more Latinos out there. We must stand up and be counted. We must be together, We must be united. Because if we're not united you know what's going to happen? We're like sticks - we're broken to pieces. Divided we're not together. But as a unit they can't break us. So we've got to come together, and if we're united, si se puede (it can be done) and we will make the changes that are necessary. But we've got to do it. We've got to stand together, and dammit, don't let them divide us because that's what they want to do, is to divide us. And once we're divided we're conquered. But when we look out at the audience and we see, you know, la familia, La Raza (the family, our race), you know, it's a great feeling, isn't it a good feeling? And you know, I started to think about that and it reminded me of a book that we all read and we all heard about, you know, Paul Revere, and when he was saying, 'The British are coming, the British are coming!' Well, the Latinos are coming, the Latinos are coming! And the Latinos are going to vote. So our voices will be heard. So that's what this agenda is about. It's about insuring that we increase our numbers. That we increase our numbers at every level. We talk about the Congressional, we talk about the Senate, we talk about board of supervisors, board of education, city councils, commissions, we have got to increase out numbers because the Latinos are coming. Because what's going on right now, with 187, the CCRI (CA Civil Rights Initiative against affirmative action), and let me tell you, we can't go back, you know, we're in a civil war. But we need to be solidified, we need to come together, we must be strong, because united we form a strong body. United we become solidified, united we make a difference, united we make the changes, united Latinos will win throughout California, let's stick together, que si se puede, que no? (it can be done, right?)

“IF THEY’RE SUPPORTING LEGISLATION THAT DENIES THE UNDOCUMENTED DRIVER’S LICENSE, THEY DON’T BELONG IN OFFICE, FRIENDS. THEY DON’T BELONG HERE!”
9. Antonio Villaraigosa, Chair of MEChA (student wing of Aztlan movement) at UCLA, former CA assemblymember, former CA Assembly speaker, currently Los Angeles City Mayor, and formerly Councilman at Southwest Voter Registration Project Conference in Los Angeles, 6/1997 "Part of today's reality has been propositions like 187 (to deny public benefits to illegal aliens, 1994), propositions like 209 (to abolish affirmative action, 1996), the welfare reform bill, which targeted legal immigrants and targeted us as a community. That's been the midnight. We know that the sunny side of midnight has been the election of a Latino speaker - was the election of Loretta Sanchez, against an arch-conservative, reactionary hate-mongering politician like Congressman Dornan! Today in California in the legislature, we're engaged in a great debate, where not only were we talking about denying education to the children of undocumented workers, but now we're talking about whether or not we should provide prenatal care to undocumented mothers. It's not enough to elect Latino leadership. If they're supporting legislation that denies the undocumented driver's licenses, they don't belong in office, friends. They don't belong here. If they can't stand up and say, 'You know what? I'm not ever going to support a policy that denies prenatal care to the children of undocumented mothers', they don't belong here."


GLORIA MOLINA, RACIST MEXICAN SUPREMACIST IS NOW ON THE LOS ANGELES COUNTY BOARD OF SUPERVISORS. A HUGE PORTION OF THE COUNTY’S REVENUES ARE PAID OUT TO ILLEGALS. LOS ANGELES COUNTY CALCULATES THAT THE TAX-FREE MEXICAN UNDERGROUND ECONOMY IS ABOUT $2 BILLION PER YEAR AND GROWING FAST.

“I’M GONNA GO OUT THERE AN VOTE BECAUSE I WANT TO PAY THEM BACK!”10. Gloria Molina, one of the five in Los Angeles County Board of Supervisors at Southwest Voter Registration Project Conference, 6/1996 "This community is no longer going to stand for it. Because tonight we are organizing across this country in a single mission, in a plan. We are going to organize like we've never organized before. We are going to go into our neighborhoods. We are going to register voters. We are going to talk to all of those young people that need to become registered voters and go out to vote and we're are politicizing every single one of those new citizens that are becoming citizens of this country. And what we are saying is by November we will have one million additional Latino voters in this country, and we're gonna march, and our vote is going to be important. But I gotta tell you, there's a lot of people that are saying, 'I'm gonna go out there and vote because I want to pay them back!' And this November we are going to remember those that stood with us and we are also going to remember those that have stood against us on the issues of immigration, on the issues of education, on the issues of health care, on the issues of the minimum wage."

“LONG LIVE OUR RACE!”

11. Vicky Castro, former member of Los Angeles Board of Education at Southwest Voter Registration Project Conference, 6/1996 "Que viva la raza, que viva la raza (long live our race)! I'm here to welcome all the new voters of 18 years old that we're registering now in our schools. Welcome, you're going to make a difference for Los Angeles, for San Antonio, for New York, and I thank Southwest for taking that challenge. And to the Mechistas (MEChA students) across this nation, you're going to make that difference for us, too. But when we register one more million voters I will not be the only Latina on the Board of Education of Los Angeles. And let me tell you here, no one will dismantle bilingual education in the United States of America. No one will deny an education to any child, especially Latino children. As you know, in Los Angeles we make up 70% of this school district. Of 600,000 -- 400,000 are Latinos, and our parents are not heard and they're going to be heard because in Los Angeles, San Antonio and Texas we have just classified 53,000 new citizens in one year that are going to be felt in November!"

“I STARTED THIS VERY QUIETLY BECAUSE THERE ARE THOSE THAT IF THEY KNEW THAT WE WERE CREATING A WHOLE NEW CADRE OF BRAND NEW CITIZENS IT WOULD HAVE TREMENDOUS POLITICAL IMPACT.”


“WE HAVE PROCESSED A LITTLE OVER 78,000 BRAND NEW CITZENS.”12. Ruben Zacarias, former superintendent of Los Angeles Unified School District at Southwest Voter Registration Project Conference, 6/1997 "We have 27 centers now throughout LAUSD. Every one of them has trained people, clerks to take the fingerprints. Each one has the camera, that special camera. We have the application forms. And I'll tell you what we've done with I.N.S. Now we're even doing the testing that usually people had to go to INS to take, and pretty soon, hopefully, we'll do the final interviews in our schools. Incidentally, I started this very quietly because there are those that if they knew that we were creating a whole new cadre of brand new citizens it would have tremendous political impact. We will change the political panorama not only of L.A., but L.A. County and the State. And we do that we've changed the panorama of the nation. I'm proud to stand here and tell you that in those close to three years we have processed a little over 78,000 brand new citizens. That is the largest citizenship program in the entire nation."

“I HAVE PROUDLY AFFIRMED THAT THE MEXICAN NATIONAL EXTENDS BEYOND THE TERRITORY ENCLOSED BY ITS BORDERS....”

13. Ernesto Zedillo, former president of Mexico announcing the Mexican constitutional amendment allowing for dual citizenship on 6/23/97 "I have proudly affirmed that the Mexican national extends beyond the territory enclosed by its borders, and that Mexican migrants are an important - a very important part of it. For that reason my government proposed a constitutional amendment to allow any Mexican with the right as he desires to acquire another nationality to do so without being forced to first give up his or her Mexican nationality. Fortunately, the amendment was passed almost unanimously by our federal Congress and is now part of our constitution. I am also here today to tell you that we want you to take pride in what each and every one of your Mexican brothers and sisters are doing back home.

“WE’RE HERE... TO SHOW THE WHITE ANGLO-SAXON PROTESTANT L.A., THE FEW OF YOU WHO REMAIN, THAT WE ARE THE MAJORITY, AND WE CLAIM THIS LAND AS OURS, IT’S ALWAYS BEEN OURS, AND WE’RE STILL HERE, AND NONE OF THE TALK ABOUT DEPORTING. IF ANYONE’S GOING TO BE DEPORTED IT’S GOING TO BE YOU!”

“WE ARE THE MAJORITY IN L.A. THERE’S OVER SEVEN MILLION MEXICANS IN L.A. COUNTY ALONE
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LA RAZA – “THE (MEXICAN) RACE”….
THE NATIONAL COUNCIL OF LA RAZA
1126 16th Street, N.W.
Washington, D.C.
202-785 1670
Get on La Raza’s email list to find out what this fascist party is doing to expand the Mexican occupation. NCLR.org
FOR THE EXPANSION OF THE MEXICAN WELFARE STATE, AND MEXICAN SUPREMACY
LA RAZA is the virulently racist political party for ILLEGALS (only Mexicans) and the corporations that benefit from illegals, and the employers of illegals. IT IS ILLEGAL TO HIRE AN ILLEGAL.
LA RAZA IS THE MEXICAN FASCIST PARTY of AMERICA and has contempt for AMERICANS, AMERICAN LAWS, AMERICAN LANGUAGE, AMERICAN BORDERS, and the AMERICAN FLAG.
However LA RAZA does like the AMERICAN WELFARE SYSTEM. The welfare system in the country is so good that Mexico has dumped 38 million of their poor, illiterate , criminal and frequently pregnant over our border.
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FAIRUS.org
FEDERATION FOR AMERICAN IMMIGRATION REFORM
FAIR CHARACTERIZES THE OBAMA, AND LA RAZA DEMS PLAN FOR AMNESTY AS FOLLOWS:
That's why, throughout 2009 FAIR has been tracking every move the administration and Congress has made to undermine our immigration laws, reward illegal aliens and burden taxpayers.
• Foot-dragging on proven methods of immigration law enforcement including border structures and E-Verify.
• Appointment of several illegal alien advocates to important administration posts.
• Watering down of the 287(g) program to limit local law in their own jurisdictions.
• Health care reform that mandates a “public option” for newly-arrived legal immigrants as well as illegal aliens.

*
ARE AMAZED AT HOW UTTERLY BRAZEN THESE CORPORATE OWNED POLITICIANS ARE?
GET THIS BOOK!
Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
Editorial Reviews
In her shocking new book, Malkin digs deep into the records of President Obama's staff, revealing corrupt dealings, questionable pasts, and abuses of power throughout his administration.
From the Inside Flap
The era of hope and change is dead....and it only took six months in office to kill it.
Never has an administration taken office with more inflated expectations of turning Washington around. Never have a media-anointed American Idol and his entourage fallen so fast and hard. In her latest investigative tour de force, New York Times bestselling author Michelle Malkin delivers a powerful, damning, and comprehensive indictment of the culture of corruption that surrounds Team Obama's brazen tax evaders, Wall Street cronies, petty crooks, slum lords, and business-as-usual influence peddlers. In Culture of Corruption, Malkin reveals:
* Why nepotism beneficiaries First Lady Michelle Obama and Vice President Joe Biden are Team Obama's biggest liberal hypocrites--bashing the corporate world and influence-peddling industries from which they and their relatives have benefited mightily
* What secrets the ethics-deficient members of Obama's cabinet--including Hillary Clinton--are trying to hide
* Why the Obama White House has more power-hungry, unaccountable "czars" than any other administration
* How Team Obama's first one hundred days of appointments became a litany of embarrassments as would-be appointee after would-be appointee was exposed as a tax cheat or had to withdraw for other reasons
* How Obama's old ACORN and union cronies have squandered millions of taxpayer dollars and dues money to enrich themselves and expand their power
* How Obama's Wall Street money men and corporate lobbyists are ruining the economy and helping their friends In Culture of Corruption, Michelle Malkin lays bare the Obama administration's seamy underside that the liberal media would rather keep hidden.


Product Details
• Hardcover: 376 pages
• Publisher: Regnery Publishing (July 27, 2009)
• Language: English
• ISBN-10: 1596981091
• ISBN-13: 978-1596981096

The Hispandering Bankster Owned President - HOW ARE THINGS GOING? BANK PROFITS UP! FORECLOSURES UP! JOBSLESS UNHEARD! ILLEGALS RANTING FOR MORE!

BANKSTERS REVEALED AGAIN
Dylan Ratigan
"The Dylan Ratigan Show" on MSNBC 4:00PM ET
Posted: July 20, 2010 01:10 PM
Doc Holliday said, "My hypocrisy knows no bounds" in the movie Tombstone. The same apparently is true for our current crop of Bankster Politicians, many of whom today voted against extending unemployment benefits even after they voted in 2008 for a bank bailout.
Yes, these Corporate Communists not only voted for billion dollar bailouts for companies that were about to fail due to their own terrible decisions, but then subsequently have done nothing to prevent the ongoing and future theft. By destroying this very tenet of capitalism -- that the losers actually lose so that new ideas, people, companies can become winners -- they have now crippled our economy and kept millions out of work.
Now when faced with giving a pittance of support to many of the same people tossed from employment by their cronyism, they have all of a sudden found ideology. Of course, considering that many of these Bankster Politicians are going to lose their jobs for this, they will try to make excuses like the following:
Unemployment needs to be paid for out of current spending!
And for some reason the bank bailouts did not? But even letting bygones be bygones, I have a suggestion -- let's use clawbacks to pay for unemployment, considering this financial crisis (a) was caused by these people and (b) is why there are no jobs.
But unemployment pays people not to work!
Well, bailing out these banks is even worse -- it's the government literally paying people ungodly sums to destroy our country. Like I've said before, there's a reason why banking is an unpaid job in Monopoly -- it is basically a utility rendered unprofitable by modern technology. These bailed-out banks are dangerous casinos gambling with the well-being of America, and America is losing.
Mind you, I don't even agree with the current unemployment program in this country. I believe people should have to volunteer for a non-profit for 10-20 hours a week to qualify for unemployment. However, our vote-loving politicians like to keep their jobs by giving future generation's money away for nothing in return.
TARP was to keep people working!
Really? Well then it's done a terrible job of keeping people working, because unemployment is actually getting worse. The only place it's actually saved "us" is in the imaginary crony-ist utopia of those who benefited. Their jobs plan is a lucky few of you cleaning the pools built with their $145 billion in 2010 bonuses.
TARP was just a loan and has been paid back, with interest!
I suggest you all familiarize yourselves with THE BIG TARP LIE... and make sure the politicians and media that continue to spout it become familiar as well.

But I was lied to about TARP!
Then do your job. Those people who lied to you were often under oath. They should be investigated and put in jail if found guilty.
So without further ado, I present to you the list of today's Banksters -- those who voted "Yes" for Bankster billions and "No" for their victims. Please check to see if your Senator is on the list:
*
WHO WANTS TO BET THAT WHEN BANKSTER BOY DODD GETS HIS BANKSTER ASS KICKED OUT, HE GOES AND WORKS AS A LOBBYIST FOR THE BANKSTER FUCKERS?
*
WHAT DID THE BANKSTERS KNOW ABOUT OUR ACTOR OBAMA THAT WE DIDN’T KNOW?
Records show that four out of Obama's top five contributors are employees of financial industry giants - Goldman Sachs ($571,330), UBS AG ($364,806), JPMorgan Chase ($362,207) and Citigroup ($358,054).
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OBAMA’S CON JOB ON REGULATION WILL NOT IMPACT HIS LARGEST BANKSTER DONORS! WHO’D OF THOUGHT???

“Obama's rhetoric covered the whole financial industry, but the key changes will affect only a few high-profile players, including JPMorgan Chase & Co., while sparing investment banks like Goldman Sachs Group Inc.”
*
Lou Dobbs Tonight
Thursday, July 9, 2009
And Harvard economics professor JEFFREY MIRON will weigh in on the state of the U.S. economy—and why the only plausible argument for bailing out banks crumbles on close examination.
*
"There is a populist and conservative revolt against Wall Street and financial elites, Congress and government," Democratic pollster Stanley Greenberg warned in an analysis this week. "Democrats and President Obama are seen as more interested in bailing out Wall Street than helping Main Street."

*
Lou Dobbs Tonight
Monday, November 12, 2007

Mortgage giants Wells Fargo and Countrywide Financial are accused of slapping dubious fees on homeowners struggling to save their homes. With fewer new mortgages being written, these
companies appear to be leaning on these lucrative fees to stay profitable—with devastating consequences for homeowners. We’ll have that report.
*
After several weeks of strong showings in the media, President Barack Obama appears to have committed political suicide in an interview with Bloomberg focusing on bank bonuses. Just as bad, Obama's statements praising bailout barons and downplaying their bloated bonuses amount to outright economic insanity. Obama says he doesn't have a problem with bonuses at Goldman Sachs and JPMorgan. He's going to have a big problem at the polls in November. – Zach

*
Bernanke opposes move to strip Fed of oversight
Associated Press
Friday, January 15, 2010
(01-15) 04:00 PST Washington - -- Federal Reserve Chairman Ben Bernanke waged a fresh battle against Senate efforts to strip the Fed of banking supervision.
Bernanke, in a paper to Congress released Thursday, argued that stripping the Fed of such power would deprive the central bank of information that factors into the setting of interest rates to influence overall economic activity.
"Elimination of the Federal Reserve's role in supervision would severely undermine the Federal Reserve's ability to obtain in a timely way and to evaluate the information it needs to conduct its central banking functions effectively," according to the paper.
DODD BUSTING HIS CORRUPT ASS BEFORE HE LEAVES OFFICE FOR HIS BANKSTER PAYMASTERS!
Senate Banking Committee Chairman Chris Dodd, D-Conn., wants to rein in the Fed's power and remove it from overseeing banks.

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JUDICIAL WATCH.org … GET ON THEIR FREE EMAILS
The “Ten Most Wanted Corrupt Politicians for 2009” list has been announced by Judicial Watch, the public interest group that investigates and prosecutes government corruption, The list is compiled at the end of each year. The list, in alphabetical order, includes:

*
Senator Christopher Dodd (D-CT): This marks two years in a row for Senator Dodd, who made the 2008 "Ten Most Corrupt" list for his corrupt relationship with Fannie Mae and Freddie Mac and for accepting preferential treatment and loan terms from Countrywide Financial, a scandal which still dogs him. In 2009, the scandals kept coming for the Connecticut Democrat. In 2009, Judicial Watch filed a Senate ethics complaint against Dodd for undervaluing on his Senate Financial Disclosure forms a property he owns in Ireland.
*


Senator John Ensign (R-NV): A number of scandals popped up in 2009 involving public officials who conducted illicit affairs, and then attempted to cover them up with hush payments and favors, an obvious abuse of power. The year's worst offender might just be Nevada Republican Senator John Ensign.
*

Rep. Barney Frank (D-MA): Judicial Watch is investigating a $12 million TARP cash injection provided to the Boston-based OneUnited Bank at the urging of Massachusetts Rep. Barney Frank.

*

Secretary of Treasury Timothy Geithner: In 2009, Obama Treasury Secretary Timothy Geithner admitted that he failed to pay $34,000 in Social Security and Medicare taxes from 2001-2004 on his lucrative salary at the International Monetary Fund (IMF), an organization with 185 member countries that oversees the global financial system.

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Attorney General Eric Holder: Tim Geithner can be sure he won't be hounded about his tax-dodging by his colleague Eric Holder, US Attorney General. Judicial Watch strongly opposed Holder because of his terrible ethics record, which includes: obstructing an FBI investigation of the theft of nuclear secrets from Los Alamos Nuclear Laboratory; rejecting multiple requests for an independent counsel to investigate alleged fundraising abuses by then-Vice President Al Gore in the Clinton White House; undermining the criminal investigation of President Clinton by Kenneth Starr in the midst of the Lewinsky investigation; and planning the violent raid to seize then-six-year-old Elian Gonzalez at gunpoint in order to return him to Castro's Cuba.

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Rep. Jesse Jackson, Jr. (D-IL)/ Senator Roland Burris (D-IL): One of the most serious scandals of 2009 involved a scheme by former Illinois Governor Rod Blagojevich to sell President Obama's then-vacant Senate seat to the highest bidder. Two men caught smack dab in the middle of the scandal: Senator Roland Burris, who ultimately got the job, and Rep. Jesse Jackson, Jr.

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President Barack Obama: During his presidential campaign, President Obama promised to run an ethical and transparent administration. However, in his first year in office, the President has delivered corruption and secrecy, bringing Chicago-style political corruption to the White House.

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Rep. Nancy Pelosi (D-CA): At the heart of the corruption problem in Washington is a sense of entitlement. Politicians believe laws and rules (even the U.S. Constitution) apply to the rest of us but not to them. Case in point: House Speaker Nancy Pelosi and her excessive and boorish demands for military travel.

*

Rep. John Murtha (D-PA) and the rest of the PMA Seven: Rep. John Murtha made headlines in 2009 for all the wrong reasons. The Pennsylvania congressman is under federal investigation for his corrupt relationship with the now-defunct defense lobbyist PMA Group. PMA, founded by a former Murtha associate, has been the congressman's largest campaign contributor.

*

Rep. Charles Rangel (D-NY): Rangel, the man in charge of writing tax policy for the entire country, has yet to adequately explain how he could possibly "forget" to pay taxes on $75,000 in rental income he earned from his off-shore rental property. He also faces allegations that he improperly used his influence to maintain ownership of highly coveted rent-controlled apartments in Harlem, and misused his congressional office to fund raise for his private Rangel Center by preserving a tax loophole for an oil drilling company in exchange for funding.
There are further explanations about corruption why each politician was chosen at Judicial Watch.

*

WHAT IF CALIFORNIANS KNEW WHAT THE MEX OCCUAPATION WAS COSTING THEM?

WHAT WOULD BE THE POLL IF CALIFORNIANS KNEW THAT THEIR TAXES, TO THE TUNE OF $20 BILLION PER YEAR, PAY FOR SOCIAL SERVICES FOR ILLEGALS?
*
WHAT IF THEY KNEW THAT HALF THE PRISON POPULATION ARE ILLEGALS FROM MEXICO, AND THAT COST ANOTHER BILLION?
*
WHAT IF CALIFORNIANS KNEW THAT IN LOS ANGELES COUNTY, MEX GANG CAPITAL OF AMERICA, PAYS OUT $600 MILLION PER YEAR IN WELFARE TO ILLEGALS?

*
WHAT IF CALIFORNIANS KNEW THAT THERE HAVE BEEN MORE THAN 2,000 AMERICANS MURDERED IN CA BY ILLEGALS THAT FLED BACK OVER THE BORDER?

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WHAT IF CALIFORNIANS KNEW THAT 95% OF ALL ARRESTS WARRANTS FOR MURDER IN LOS ANGELES ARE FOR MEXICAN ILLEGALS?

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WHAT IF CALIFORNIANS KNEW THAT THE TAX-FREE MEX UNDERGROUND ECONOMY IS MORE THAN $2 BILLION PER YEAR IN MEX OCCUPIED LOS ANGELES COUNTY?

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WHAT IF THE PEOPLE KNEW THAT MEX GANGS HAVE NOW SPREAD ALL OVER THE STATE AND COUNTRY?

*

TIME TO STOP BEING MEXICO’S WELFARE, BIRTHING, JOBS, JAILS AND PRISON SYSTEMS?

MEXICO DOESN’T THINK SO!

HISPANDERING BARACK OBAMA AND HIS LA RAZA DEMS DO NOT EITHER!

*
RASMUSSEN REPORT

45% in California Support DOJ Challenge of Arizona’s Immigration Law, 47% Opposed
Wednesday, July 21, 2010


Voters in California are almost evenly divided on whether or not they support the U.S. Department of Justice’s decision to challenge Arizona’s immigration law.
A new Rasmussen Reports telephone survey of Likely Voters in the state finds that 45% agree with the Justice Department’s challenge of the recently enacted immigration law in Arizona. Slightly more (47%), however, disagree with the challenge.
This marks a sharp contrast to voters’ views nationwide. Nationally, voters by a two-to-one margin -- 56% to 28% -- oppose the U.S. Justice Department’s decision to challenge the legality of Arizona’s new immigration law in federal court.
Meanwhile, 53% of California voters favor an Arizona-like immigration law in their own state, lower than the national average. Thirty-nine percent (39%) oppose such a law in their own state.
(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.
The survey of 500 Likely Voters in California was conducted on July 12, 2010 by Rasmussen Reports. The margin of sampling error is +/- 4.5 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
A solid majority of Republicans disagree with the Justice Department challenge and favor an immigration law similar to Arizona’s in their own state, while a strong majority of Democrats take the opposing view on both issues. Voters not affiliated with either major political party are more evenly divided on these questions.
Sixty-eight percent (68%) of all voters in California favor a welcoming immigration policy that excludes national security threats, criminals and those who come here to live off the welfare system. Just 20% disagree with such a policy, and another 12% are not sure.
Although there is a clear partisan divide on the issues of adopting an Arizona-like immigration policy in California and the Justice Department challenge, strong majorities across the board support a welcoming immigration policy.
In the race for California’s next governor, Republican Meg Whitman and Democrat Jerry Brown remain virtually tied.
Incumbent Democrat Barbara Boxer continues to hold a modest lead on her Republican challenger Carly Fiorina in California’s white hot race for the U.S. Senate.
Please sign up for the Rasmussen Reports daily e-mail update (it’s free) or follow us on Twitter or Facebook. Let us keep you up to date with the latest public opinion news.
See survey questions and toplines. Crosstabs are available to Premium Members only.

BANKSTERS' PROFIST SOARING! FORECLOSURES SOARING! UNEMPLOYMEN SOARING! ILLEGALS OVER OUR BORDERS SOARING! It's The Obama Agenda At Work!

OBAMA’S ASSAULT ON THE AMERICAN MIDDLE CLASS

HE SPENT HIS FIRST YEAR IN OFFICE HANDING ANY AND EVERYTHING HIS BANKSTER DONORS WANTED, AND THEY WANTED WHAT EVER THEY HAD NOT ALREADY STOLEN!

ONE OF OBAMA’S BIG LIES PRIOR TO CONNING US INTO THE WHITE HOUSE, WAS THAT HE WOULD REVERSE THE SO CALLED “BANKRUPTCY REFORM”, IN FACT WRITTEN BY THE BANKSTERS THAT CAUSED THE MELTDOWN. AFTER THE “REFORM” CONSUMERS COULD NOT GO INTO OPEN COURT AND HAVE THEIR MORTGAGE SCAM FIXED.

THE BANKSTERS’ “BANKRUPTCY REFORM” WAS FRONTED BY THE BANKSTER WHORE DIANNE FEINSTEIN, aka BUSH WAR PROFITEER (YOU SAW HER DELIVERING PART OF OBAMA’S INAUGURAL. HER PIMP HUSBAND SAT RIGHT BEHIND OBAMA, AND IS A MAJOR DONOR TO EVERY CORRUPT DEM OUT THERE).

FEINSTEIN HAS LONG TAKEN BIG BRIBES FROM BIG BANKSTER MOBS LIKE WELLS FARGO & BANK of AMERICA, BOTH MADE OUT LIKE BANK ROBBERS PILLAGING CONSUMERS WITH MORTGAGES THEY TOOK THEIR FEES OFF THE TOP OF AND THEN DUMPED ON UNSUSPECTING INVESTORS.

WELLS FARGO HAS LOOOOOOOONG HAD THEIR CALIFORNIA MORTGAGE LICENSE REVOKED FOR CORPORATE CORRUPTION AND MALFEASANCE. THIS BANK WENT INTO COURT AND DEMANDED IT BE REINSTATED. THE COURT SAID NO! SO THIS BANK SIMPLY DECLARED ITSELF TO BE ABOVE STATE LAW AND WENT TO DESTROY COMMUNITIES ALL OVER THE COUNTY WITH THE SAME PRACTICES.
NONE OF THIS HAD ANY IMPACT ON FEINSTEIN OR OBAMA VOTING FOR THE WELLS FARGO BAILOUT TO BUY OTHER CRIMINAL BANKSTERS!

OBAMA WENT LIMP WHEN IT CAME TO KEEPING HIS PROMISE TO REVERSE THE “BANKRUPTCY REFORM” SO CONSUMERS COULD SEEK LEGAL REDRESS. HE HAD THE OPPORTUNITY WHEN THE BANKSTERS WERE GETTING THEIR NO-STRINGS FREE LOOT.

NOW WHAT HAS OBAMA DONE FOR HOMEOWNERS?

THIS CLOWN CAN’T STOP SERVICING HIS BANKSTER DONORS, LA RAZA DEMS, AND KISSING ILLEGALS ARSE FOR THEIR VOTES!

IN ADDITION, THE REST OF AMERICAN PAYS AND PAYS.

ONE-QUARTER OF ALL HOMES ARE UNDERWATER AND FORECLOSURES ARE SOARING!


Next up: a shift away from home ownership?
By Zachary A. Goldfarb
The Washington Post
WASHINGTON — After President Obama signs into law an overhaul of financial regulation at a ceremony Wednesday, his administration will turn to an area at the root of the financial crisis: the U.S. housing market.
Responding to the collapse in home prices and the huge number of foreclosures, the Obama administration is pursuing an overhaul of government policy that could diverge from the emphasis on homeownership embraced by former administrations.
"In previous eras, we haven't seen people question whether homeownership was the right decision. It was just assumed that's where you want to go," said Raphael Bostic, a senior official in the Department of Housing and Urban Development (HUD). "You're not going to hear us say that."
Bostic, who has published leading scholarship on homeownership, added that owning a home has a lot of value, but "what we've seen in the last four years is that there really is an underside to homeownership."
The administration's narrower view of who should own a home and what the government should do to support them could have major implications for the economy as well as borrowers. Broadly, the administration may wind down some government backing for home loans but increase the focus on affordable rentals.
The shift in approach could mean higher down payments and interest rates on loans, more barriers to lower-income people buying houses and fewer homeowners overall, government officials said. But the change also could pave the way for a more stable housing market, one with fewer taxpayer dollars on the line and less of a risk that homeowners will not be able to pay their mortgages. And it could spell changes throughout the financial markets, as investors choose new places to put their money if the government withdraws incentives for investing in the U.S. mortgage market.
The carnage in the nation's housing market arguably has been the most destructive and enduring element of the recession. Since 2008, the federal government has committed hundreds of billions of dollars, much of it nonrecoverable, to try to keep housing afloat and ensure that borrowers can obtain loans. Fannie Mae and Freddie Mac, the mortgage-finance giants seized by the government in September 2008, and the Federal Housing Administration have been nearly the only sources of backing for new loans.
The Obama administration now is beginning to look for ways to gradually unwind the massive government programs supporting homeownership and restore the traditional role of the private sector. Three months ago, the Treasury Department and HUD released seven broad questions about the future of housing. Comments from the public are due Tuesday, and the administration is required by the financial-overhaul legislation to offer a proposal for housing overhaul by year's end, including restructuring or replacing Fannie and Freddie.
The decision to focus more on rental housing and less on homeownership differs in many ways from the Bush and Clinton administrations. President George W. Bush touted an "ownership society" that sought to increase homeownership rates, specifically for low-income people. President Clinton had a "National Homeownership Strategy" that advocated for a specific homeownership rate.
HUD Secretary Shaun Donovan has been most out front in the administration in advocating a new approach. "While we continue to promote affordable homeownership, for many Americans renting will continue to be the only or preferred option," he said in recent congressional testimony.
Other administration officials, such as Treasury Secretary Timothy Geithner, also have called for a new housing-finance system. He has said he favors government support both for homeownership in general and for low-income people.
But the Treasury has been divided about how to communicate its approach and reluctant to discuss it publicly because the housing market remains fragile.
Officials in a new Office of Capital Markets and Housing Finance set up in Treasury are studying options for an overhaul and generally have concluded that federal policy should focus on what they call "sustainable homeownership" and not on simply boosting the homeownership rate.
Andrew Williams, deputy assistant secretary for public affairs, cautioned against reading too much into the notion that the administration's policy differed significantly from previous administrations. "(Y)ou are overreading some kind of hard pivot here," he wrote in an e-mail. It's "just a recognition of how much the foreclosure crisis has hurt homeowners."
Williams declined to make a Treasury official available to discuss the administration's housing policy on the record.
Supporters of rental housing say they perceive an early but markedly different tone from the Obama administration. "My impression is that the administration, at pretty much every level, is serious about a balanced policy," said Vincent O'Donnell of Local Initiatives Support Corp. "Their purpose is to look at and make more workable rental-housing programs."
People on different sides of the debate warn about diverging too far from homeownership policies.
"This is confusing to me — the view that the best way to help someone accumulate savings over time is to subsidize their rent now," said Keith Hennessey, director of the National Economic Council under Bush.
"I want to be careful about the move away from homeownership," said Janis Bowdler of the National Council of La Raza, a Hispanic civil-rights group. "We have to define more clearly what we mean by homeownership for low-income families and make sure we don't ... come to a very simplistic reading of our recent history that it was simply lending to low-income families that got us into trouble."
*
More than 40 pct. leave Obama mortgage-aid program
More than 40 percent of homeowners seeking help from the Obama administration's flagship effort to rescue those at risk of foreclosure have dropped out of the program.
By ALAN ZIBEL
AP Real Estate Writer
WASHINGTON —
More than 40 percent of homeowners seeking help from the Obama administration's flagship effort to rescue those at risk of foreclosure have dropped out of the program.
The latest report on the program suggests foreclosures could rise in the second half of the year and weaken an ailing housing market.
About 530,000 borrowers have fallen out of the program as of last month, the Treasury Department said Tuesday. Nearly 1.3 million homeowners had enrolled since March 2009.
Treasury officials say few of these borrowers will wind up in foreclosure. But many analysts are concerned that a new wave of foreclosures could greatly impact the struggling housing industry.
Another 390,000 homeowners, or 30 percent of those who started the program, have received permanent loan modifications and are making payments on time.
A major reason so many have fallen out of the program is the Obama administration initially pressured banks to sign up borrowers without insisting first on proof of their income. When banks later moved to collect the information, many troubled homeowners were disqualified or dropped out.
Many borrowers complain of a bureaucratic nightmare. They say banks often lose their documents and then claim borrowers did not send back the necessary paperwork.
The banking industry said borrowers weren't sending back the necessary paperwork.
The Obama plan was designed to help people in financial trouble by lowering their monthly mortgage payments. Homeowners who qualify can receive an interest rate as low as 2 percent for five years and a longer repayment period. The average monthly payment has been cut by about $500 on average.
The homeowners receive temporary modifications. These are supposed to become permanent after borrowers make three payments on time and complete the required paperwork. That includes proof of income and a letter explaining the reason for their troubles. In practice, though, the process has taken far longer.
The more than 100 participating mortgage companies get taxpayer incentives to reduce payments. But as of mid-May only $132 million has been spent out of a potential $75 billion, according to the Government Accountability Office.
Though the program has been widely criticized for making only a small dent in the foreclosure crisis, administration officials defend their efforts. They say that the foreclosure prevention program has spurred changes in the mortgage industry, prodding lenders to make more significant cuts to borrowers' monthly payments than before the government effort started.