"Hispanics weren't being greedy, they were being had"
Quite true, and by their "friends," the Democrats.
While Obama & the Democrats were cashing their big paychecks from FannieMae & FreddieMac, McCain and 18 other REPUBLICAN Senators were loudly predicting this disaster and trying to STOP it.
Their letter (May 2006):
tinyurl (dot) com/3q6dc9
(fix the "dot")
Note that NOT ONE DEMOCRAT signed this letter.
Where was Sen. Obama that day? Running for President, too busy to give a shit.
Without regulations, people tend to do the greediest and stupidest things. But we need the learned to lead the way. Why don't they lead us on the right path instead of the wrong one?
tellthetruthh(Thursday 25th of September 2008 10:22:06 PM)
HISPANICS were the major group to hold SUBPRIME LOANS. HISPANICS were given loans when other groups could not get them. Now they want to be bailed out of their mess!!!If they weren't so greedy they would not be in this situation. Most of them didn't even have SSN oe EINS.Now BUSH has made it possible for them to get bailouts without SSN or EINs!!! S0illegals aliens are milking the system again!!! While Americans pay the bill!!!
Gary1111001(Friday 3rd of October 2008 04:33:11 PM)
I worked in the mortgage ind. from 04-07. The above post is true except Hispanics weren't being greedy, they were being had.
And it wasn't just hispanics, though they are given benefits that others are not.
iamauscitizen(Wednesday 24th of September 2008 02:36:21 PM)
The SUB PRIME LOANS which caused this crisis in the Mortgage Industry are always in the HISPANIC COMMUNITY across the country. Who is responsible for giving the SUB PRIME LOANS TO MAJORITY HISPANIC PEOPLE?Why is PRESIDENT BUSH allowing OUR TAX DOLLARS to rescue peoples' homes who have NO SOCIAL SECURITY NUMBER!HOW can you tax or track a homeowner who has NO SOCIAL SECURITY NUMBER OR EIN NUMBER?I have a right to know.I am a US CITIZEN.I am tired of giving ILLEGAL ALIENS ANOTHER free ride!!
stinkypoon(Saturday 28th of June 2008 10:49:48 AM)
I swear, if there is a bailout, I'm going to march up to capital hill.
Cubicleboy04(Tuesday 29th of July 2008 04:03:09 PM)
Stated Income is essential for Self Employed Borrowers. Anyone who understands self employment writes off everything they can and pays themself as little as possible W2 money to minimize taxes. These folks may be more than qualified for X mortgage.
People who use subprime loans already are a credit risk. I own both of my homes and I'm doing great. But I keep my cars for at leasts 10 years and I don't have any debt.
