The American Spectator

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8.5.08 @ 12:01AM

(Page 3 of 4)

POLICY OF NEGLECT
Re: Carl F. Horowitz's Leveraging Fannie and Freddy:

Don't forget a big chunk of non-profits that FNM donated also collected fees for "assisting buyers" in filling out loan applications, some "charities" even collected "fees" for laundering seller kickbacks into down "payment grants" for buyers, an illegal act specifically outlawed when practiced without the "non-profit" middleman.

I don't see anybody pointing out the fact that loose loan standards were to promote home ownership among illegal aliens & without promoting home ownership for illegal aliens we would have never had this problem.

Yes the vast majority of foreclosures aren't from illegal aliens, just the people that rode the illegal alien accommodation wave, without the policy of accommodating illegal alien home buyers most of the sub-prime borrowers would have never got their loans.

Ameriquest was the world's biggest sub-prime lender and one of Bush's biggest supporters, immigration enforcement would have crushed their revenues and Bush's campaign donations. (Google "Ameriquest Settlement" which was posted in both English & Spanish)

The cornerstone of the Bush administration has to been to promote illegal immigration and everything that comes with it including trillions in sub-prime loans, or haven't you noticed?
-- Smitty
West Hills, California

PUTTING THE MARE IN NIGHTMARE
Re: Mark Hyman's Northern Indiana's ANWR Blackout:

I had a bad dream last night, Allow me to share. The horse died.

I purchased him after we had gone totally wind and solar. President Obama had been in office for two terms. Michelle was running for President.

The Focus wagon was no longer viable as gas was at $15.02 per gallon. I had been riding my bike to work, but even though getting up at four AM, I was late too many times and was fired. My boss, a staunch Progessive/Socialist as the Democrat party had been renamed, was sympathetic. After all, he could not afford to replace his SUV as all imported oil being diverted to fuel, and none produced here, there were no more plastics being produced and the steel needed to make the interior components wasn't available because of environmental concerns. Steel plants were a global warming problem.

He did urge me to go paper instead of plastic. I thanked him.

The horse? It gets cold out here in Utah in winter and even though I had him pull us through the streets buying oats and hay, the Focus wagon behind, with the roof cut off to carry more of the same, we could never afford enough.

Well with the ethanol mandates, grain and hay prices were pretty high. Add to that the Salt Lake County tax on manure droppings and the price I had to pay the apartment complex I live in to convert my covered parking spot to a horse stall things were getting tight.

Well darn. The next thing I know the solar panels on my roof assigned to me fail. It's January out here, for crying out loud, 20 degrees or less at night. The panels assigned to me are not approved for replacement or repair until June. Not a Utah mandate, a Federal mandate. Cold showers become a norm. Hot food? Call it lukewarm. Live out of can of Tuna, forget mayo, the fridge doesn't work.

The horse? The horse died when all the wool blankets, oats, hay, converted cars, and every one else was rounded up for Michelle's election.
-- Jim Woodward
Midvale, Utah

Letter to the Editor

topics:
Environment, Books, Hollywood, Law, Founding Fathers, Iraq, Iran, Africa, Immigration, Oil