ALIPAC speaks. . . The Real Reason Wall Street Crumbled

September 24, 2008 in Opinion Piece by Mohammad

We the People of America must not reward our government with more money and power for failure, as we did after 9/11,” says William Gheen (ALIPAC’s president.) “Otherwise, we have created a grand political and financial incentive for failure that will be repeated many times in the future.”

ALIPAC is opposing the bailout of Wall Street with taxpayer debt because of the scale of the costs, the radical restructuring of governmental power, and the fact the Bush administration is seeking Amnesty for potential suspects who are at fault for the financial meltdown.

“Instead of a bail out, we need immediate investigations, prosecutions and seizures of assets of any American or foreign business leaders who have violated laws and we need to hold politicians in DC and regulators accountable. No Amnesty for illegal aliens or Wall Street robber barons!”

That’s right folks, straight from the pigs mouth, illegal immigration created the finanical crisis we are in right now. Now, like me, you might still be a little puzzled as to how this exactly fits together and so a wonderful most-gracious AliPAC member has detailed it out for us:

Illegal aliens aka high risk barrowers are the reason the housing bubble is busting, the loans are not being paid and the banks are crying that they will go bust if they don’t get an infusion of cash. The banks, including foreign investors were giving money to people at extremely high rates. All they could see was the money they would make. What they didn’t see was the illegal aliens running off and leaving them with an over priced house and unpaid mortages. Illegal aliens have no loyalties to the US, they have no Social Security numbers, no credit history or a credit rating that will be damamged when they run off and don’t pay. They have nothing to loose and the banks still loaned them money.

I get calls all the time on my phones from creditors looking for people that skipped out and left my phone number. The idiot lenders didn’t even check the phone numbers before they gave them the money. Interesting that it’s the Spanish speaking collector or clerk that is calling me looking for them. Why is that? Citizens read, write and understand English.

I know, it’s not all illegal aliens doing this but they are a big portion of it. In the area where the illegls live, there are a bunch of empty houses with for sale signs in Spanish. Last month, it was yard sale signs. The Census report also shows they have run off. It’s not that hard to add up.

Ask a friend on the border how many refrigerators are headed into Mexico and you will know how many ilelgals are taking what they can carry and leaving America.

Wow, great explanation! I mean what is wrong with these bankers handing homes to people without even checking their credit! The nerve of them, just handing over hundreds of thousands of dollars to people without so much as having their REAL phone number!! And all this time I thought the housing crisis was much more complex, but turns out it isn’t.

Illegal immigration = downfall of a multi-trillion dollar industry. So I guess having power in America is all about having no power. . . Amazing!

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