Friday, October 3, 2014

MEXICO'S LOOTING of AMERICA: Did LA RAZA Cause the Foreclosure Crisis?


MEXICANS… THEY JUMP OUR BORDERS TO LOOT AND THEN GO OFF AND VOTE DEM FOR MORE!

AMERICA vs MEXICO: CLASHING CULTURES

By Frosty Wooldridge


 

Illegals cheat, distribute drugs, lie, forge documents, steal and kill as if it’s a normal way of life. For them, it is. Mexico’s civilization  stands diametrically opposed to America’s culture.


Mapping the disaster caused by granting mortgages to non-creditworthy Hispanics

By Michael Barone | October 2, 2014 | 8:39 pm

 
I have written frequently that I estimate that one-third of the mortgage foreclosures in the 2007-10 period were of Hispanic homebuyers. Very many had been granted mortgages, despite bad or dubious credit, by lenders who then fobbed them off on Fannie Mae and Freddie Mac or other mortgage securitizers, in the meantime gaining brownie points with regulators for lending to “minorities.” Evidence supporting this comes, inadvertently, from an Urban Institute report spotlighted by the industrious and provocative blogger Steve Sailer. You can see that there was a huge increase in the number of mortgages granted to Hispanics in the years running up to 2006, when housing prices peaked, centered in metro Los Angeles and the adjacent Inland Empire to the east, in California’s Central Valley and in metro Las Vegas and Phoenix. Not coincidentally, these “sand states” (plus Florida) accounted for more than half of mortgage foreclosures when housing prices plummeted and buyers who suddenly found themselves underwater and/or out of work defaulted on their mortgages.

This was an enormous policy failure, attributable both to the Clinton and the Bush administrations. Both presidents championed Hispanic home-buying, which in practice meant granting mortgages, by bending the rules or simply ignoring them, to non-creditworthy borrowers. Some liberal analysts like to speak of credit standards as somehow embodying racial (or anti-Hispanic) prejudice, but this is obviously not so. The consequences of this misguided policy were horrendous, for the entire economy of the nation, indeed much of the world — and for the foreclosed-on homebuyers themselves. They had been sold a dream, that they could with little or no money down put themselves on the road to accumulating a six-figure net worth because, hey, housing prices always go up. That dream turned out to be a nightmare. I suspect that that nightmare has played a major rule in the cessation of net migration to the United States from Mexico, which the Pew Hispanic Center estimates as zero from 2007 on to the year of the latest available data.

Now the Urban Institute and the Obama administration are pushing for more mortgages for blacks and Hispanics with subpar credit ratings. Haven’t America, the world and the intended beneficiaries already suffered enough from this perhaps well-intentioned but indubitably misguided policy?

The U.S. Chamber of Commerce partners with Mexico and  the Democrat party to WAR on the America worker and then pass along the real cost of all that “cheap” Mexican labor, the LA RAZA welfare state, anchor  baby welfare and crime tidal wave to the AMERICAN MIDDLE CLASS.


 

THE ENTIRE REASON FOR THE AMNESTY HOAX

TO LEGALIZE MEXICO’S LOOTING IS TO KEEP

WAGES DEPRESSED!


 “The U.S. Chamber is in the pocket of Communist China and big companies seeking cheap labor in the United States. We think it is morally repugnant for the chamber to pursue, as a matter of public policy, initiatives which exploit the poor and oppressed, just so they can keep labor costs down for their fortune 500 member companies.”

OFFICE of REP. KERRY BENTIVOLIO (R-Milford)

LA RAZA-OCCUPIED LOS ANGELES: JOBS GO ONLY TO ILLEGALS

As an example, the inspector general offers ICE’s Los Angeles field office which has flouted federal policy by creating its own private system of worksite enforcement. During the three-year period considered by the watchdog the office conducted 147 investigations, with 7% resulting in fines and 55% in warnings. Even in instances where more than half of a business’s federal employee verification forms (known as I-9) had “substantive errors” the federal agents in L.A. only issued warnings instead of fines. One business mentioned in the report had its fine slashed an astounding 78%, from $4.9 million to a little over $1 million.


Democrat politicians partner with Mexico and the Mexican Fascist Party of LA RAZA “The Race” to loot America and then send the tax bills to the American middle-class whose jobs LA RAZA owns.



 

MEXICANS ABOVE THE LAW IN

AMERICA… a nation under LA RAZA

occupation

U.S. capitulates (again) to LA RAZA SUPREMACY (mexifornia)

NARCOmex AMBASSADOR ORDERS LA RAZA SUPREMACY FOR MEXICANS ILLEGALLY LOOTING IN AMERICAN BORDERS and JOBS.

U.S. CAPITULATES ON THE SPOT!
 
MEXICO BANKRUPTS CALIFORNIA HOSPITALS  - MEX CONSULATES URGE LOOTING OF LEGALS
 
 
JUDICIAL WATCH:
While the Obama Administration halts deportations to work on its secret amnesty plan, hospitals across the U.S. are getting stuck with the exorbitant tab of medically treating illegal immigrants and some are finally demanding compensation from the federal government.
 
 
Mexican Consulates are headquarters for the MEXICAN

FASCIST PARTY of LA RAZA with the agenda of expanding

the Mexican welfares state with cooperation of Barack Obama

and the Democrat party.
 
more at this link – post on your Facebook and email broadcast                       
 
http://mexicanoccupation.blogspot.com/2013/08/obamas-la-raza-mexican-economy-for-wall.html
 

THIS IS SHOCKING!!!
 

To Help Illegal Immigrants In The Workplace AND LOOT AMERICA EASIER!
 

The danger, as Washington Post economics columnist Robert Samuelson argues, is that of “importing poverty” in the form of a new underclass—a permanent group of working poor.




"Bank of America is currently experiencing
 
severe financial woes and we are offering to
 
publicly drop our boycott efforts if the bank
 
will publicly announce an end to their program
 
designed to issue credit cards and mortgages to
 
illegal immigrants." said William Gheen of
 
ALIPAC. "We also want Bank of America to
 
stop donating to the racist illegal alien
 
supporting organization called the National
 
Council of La Raza (NCLR) as well."

 

Bank of America Boycott Offers BofA a Truce

 
August 18, 2011 

CONTACT: Americans for Legal Immigration PAC (ALIPAC)

(866) 703-0864 / Press@alipac.us 

The organizers of a national boycott against Bank of America, that has been ongoing since February of 2007 in response to BofA's plan to offer credit cards and mortgages to illegal aliens, has offered to end the boycott if BofA will end the credit card program.  

Over 132,000 Americans have signed the boycott online petition found at http://www.bankofamericaboycott.com/ to "demand that all companies and corporations operating within the territory of the USA cease and desist any financial or political support for illegal aliens"  

Bank of America's stock is crashing after reports indicating the bank is losing billions of dollars.  

Bank of America's credit cards for illegal immigrants plan received national press coverage as did the launch of the Bank of America Boycott led by Americans for Legal Immigration PAC. American citizens flooded BofA headquarters in Charlotte, NC with complaint calls, large numbers closed their accounts with BofA, moved their mortgages to other companies, and mailed in cut up Bank of America debit and credit cards in protest.  

It is a violation of federal law to aid and abet illegal aliens inside the United States and numerous certified polls show that over 80% of Americans oppose benefits knowingly offered to illegal aliens.  

"Bank of America is currently experiencing severe financial woes and we are offering to publicly drop our boycott efforts if the bank will publicly announce an end to their program designed to issue credit cards and mortgages to illegal immigrants." said William Gheen of ALIPAC. "We also want Bank of America to stop donating to the racist illegal alien supporting organization called the National Council of La Raza (NCLR) as well."  

Each week, thousands of Americans see the website www.BankofAmericaBoycott.com and the associated information located there. The website also has a large list of banks that do or do not accept the Matricula Consular cards that the Mexican government sells to illegal aliens in America.

Bank of America's name remains synonymous with illegal immigration due to the lasting discussion of this scandal. Talk radio shows and bloggers across America continue to mention BofA's issuance of credit and mortgages to illegal aliens, and the resultant backlash from Americans, in discussions of the bank's current financial crisis. 

"Unless Bank of America drops their efforts to finance illegal immigrants in America, we will continue and strengthen our boycott efforts." said William Gheen. "Furthermore, we are asking the over 132,000 people who have signed our online petition to contact the Congress demanding that no tax resources be used to bail out Bank of America as long as the bank continues to violate federal law by willfully aiding and abetting illegal immigrants on US soil." 
Americans for Legal Immigration PAC and other illegal immigration fighting groups in the NIIBC (National Illegal Immigration Boycott Coalition) hope that Bank of America will do the right thing by ending these morally repugnant practices and become a good corporate citizen in America by ending its support for illegal aliens and groups that support illegals like NCLR.

 
 Paid for by Americans for Legal Immigration  PAC

www.ALIPAC.us

Post Office Box 30966, Raleigh, NC 27622-0966

Tel: (919) 787-6009 Toll Free: (866) 703-0864

FEC ID: C00405878


Mexico Destabilizing: Is War With USA Imminent?

By Élan Bonn


 

“Toss into the ugly political salad the mix of illegal immigration, free trade, high treason, disdain for the Constitution by US leaders, anti-rule-of-law anarchists groups and members of Congress (i.e. pro-open borders, pro-illegal immigration groups), and increasing economic pressures and uncertainties on both sides of the border, the climate is now ripe for growing a civil war.
 
Mexican President, Enrique Peña Nieto a LA RAZA SUPREMACIST servant of the Mexican drug cartels. He probably votes DEM in America's open borders to expand the LA RAZA welfare state off the backs of gringos (Legals)


It is widely believed in Mexico that PRI’s links to cartels have continued with its return to power under Peña Nieto.

 




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