Saturday, September 27, 2008

How illegal immigration fueled the meltdown
By MICHELLE MALKIN

The Mother of All Bailouts has many fathers. Panicked politicians have 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 elephant in the room that has slipped notice: how illegal immigration, crime-enabling banks and open-borders 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.

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US House candidate in Ohio defends housing Rwandan

Republicans on Wednesday accused Democratic congressional candidate Sharen Neuhardt of poor judgment for what they said was illegally harboring a Rwandan immigrant on her Yellow Springs farm.

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Exclusive: How Many Subprime Mortgages Were Awarded to Illegal Aliens?