0
0

Alien Bailout


 invite response                
2007 May 1, 1:37am   19,362 views  266 comments

by Patrick   ➕follow (60)   💰tip   ignore  

Martian

Hi there,

I LIVE in southern CA, I’ve been reading these blogs and reports now for a few months.. AND I have to say that I have seen first hand the subprime types of loans and What type of people they are lending it to. What I mean by “first hand” is that I have friends, yes ,very good friends, that ARE illegal Aliens and they have gotten loans that I would NEVER have even considered… AND I made Alot more money than they do.. The sad thing is that before they got the loans, they informed me of their plan and I thought in my mind that ‘they will NEVER be qualified for one, because I know their alien status and I knew how little they made”… Guess what? I was wrong. On top of that, after they got the loan, I was the one that ‘read; it over for them to make sure that they understood what the monthly payments were gonna be and what type of loan they were getting in to. I advised them against it, BUT they ALL took the loans anyway.

So #1, I am caught in a very tough position. Yes, these are Very close friends of mine. I love them very much and I don’t judge them by their legal status, BUT I am so INFURIATED by our system that they would allow illegal aliens to get a loan to buy a home in the US whereas the real citizens (the legal, law abiding ones) get nailed for abiding by the lending guidlines and not taking on loans like these. #3, DON”T buy into this “its the low-income, hispanics, that Don’t understand english that are being taken advantage of… NO NO NO NO NO.. It is the other way around. THEY are taking advantage of our system and basically laughing all the way to the bank. And with the current ‘Bailout plan’ .. They seem like they will keep on laughing to the bank, because many o them will be ‘bailed out’..

What type of loans did they get?.. ALL of them 100% NO money down, stated income..and yes.. adjustable blah blah blah.

NOW how did they get these loans? Well on the loan documents their is one page that asks you if you are a permanent resident or a US citizen… And you know what?.. The bank or the loan officer just tell them to ‘MARK;’ the box that says that they are US citizen because then they will not ask to see proof. If you mark the box that says ‘permanent resident”, they will ask to see a copy of your green card, etc.. proof..
AND how did these illegal aliens get a VALID social security number so that you can check their credit history?… THEY BUY ONE. (How do I know?.. They tell me.. Remember we are very close friends.. I even know how much they pay for a good social security number..again.. they tell me ) Yes it IS ALL illegal.. ALL OF IT. SO all of you out there, I recommend you CHECK your credit reports Often.
You see its a WIN WIN situation for the illegals, because they got into the homes with NO MONEY down, they did it with a fake (bought) social security number… SO what’s the worse that can happen to them? Yes, they lose a home that they should not have been allowed to own AND their credit gets ruined.. OOPS.. NO not their credit.. Some other poor person’s credit gets ruined… ALL they have to do is BUY another Social Security NUMBER.. Do you GET the PICTURE yet???? AND the BEST that could happen to them if they took this NO RISK gamble… ?? Is that they WALK away with Hundreds of thousands of Dollars in Funny Real Estate Money.. So Can you BLAME These people for taking this OPPORTUNITY of a lifetime?

How do I know?.. Like I said I have VERY dear friends that are illegal aliens. AGain I love them very much. I don’t blame them for wanting to be in this country and doing whatever it takes to make it here.. ITS just a SHAME that our US govt. are NOT able to control nor protect its citizens. In fact , we are making being a citizen very unattractive when you see how much BENEFITS being and illegal has.

So PLEASE dont buy into the poor victim stories… They are NOT victims.. And please don’t blame the appraisers for it… A house will not be SOLD by they appraised value alone. You have to have a willing BUYER to pay the Price. We are being taken advantage and used and WE don’t even know it. Its just another strategy.. by whom.. I don’t know. But if I were them, I would be smiling too.. and telling ALL of my family members to HURRY and JET accross that border.. NO MATTER what it costs, CUZ life is REALLY good here in the US.

Huh, I could go on and on and on.. but I will stop here.. because we are talking specifically about real estate here.. AND frankly I’m tired.. tired of all this upside down mess. Do you know What the word ‘illegal’ means? Let me give you an example: It is illegal to murder someone.. What happens if you do?.. You go to jail for a long long time.. Another example. It is illegal drive past the speed limit.. If you are caught you PAY by getting a ticket…. get the picture?…

OK.. here WE are PAYING someone who has broken the law AND proposing other laws to bail them out.. in otherwords.. SUPPORT their illegal actions… Lord help us… What an UPSIDE down mess.

D.

#housing

« First        Comments 211 - 250 of 266       Last »     Search these comments

211   Malcolm   2007 May 1, 12:07pm  

And for those of you in SF who think, immigration wasn't always a controversy here, please take a second to reflect on the history of China Town.

212   OO   2007 May 1, 12:07pm  

HARM,

Australia has a higher immigration rate than the US, the total quota for immigration is around 1% of the total population, each year. I don't think we get 30M new immigrants each year.

Australia's biggest advantage is, they are not bordered by any country. Canada is blessed in the same way, they only need to worry about American refugees :-)

213   cb   2007 May 1, 12:13pm  

Canada is blessed in the same way, they only need to worry about American refugees

There were a lot of Portuguese migrants working in Toronto in construction, many were deported and some advocated started rallies with slogans like "nobody is illegal". The problem I have with that is, if you say "nobody is illegal", then what do you do, open up to anyone and everyone that wants to come. It seems to be the immigrant advocate and the far-left's position is so extreme that it does not make any sense to me.

So if we allow all the illegal immigrants to become citizens, then by definition there are these jobs that no legal immigrants will do, then who's going to fill these jobs? There will be no fix if the employers are never penalized.

214   HeadSet   2007 May 1, 12:31pm  

"I think every American teenage ought to be sent to a third-world country to live for 2-5 years. Live just like the locals. No special positions, no stipends."

You know, the kids who did that may look back on it as the time of their lives. There is a bonding and sense of worth caused by such a struggle that would not come from persuing the flashiest car or ipod.

216   Allah   2007 May 1, 12:42pm  

oops! here is the link.

217   HeadSet   2007 May 1, 12:47pm  

Want to seal the border? Take a lesson from the pros.

Encourage Mexico to go "Peoples Republic" Then the new General Secretary and Politburo will effectively seal it airtight from the south side. Just like the DDR's anti-imperialist wall.

218   HeadSet   2007 May 1, 12:52pm  

Allah,

That is insane. If they quit handing out money, property priced will come down to affordable levels.

I believe that such programs are designed to keep house prices high, not create affordability for the "poor."

219   Allah   2007 May 1, 1:06pm  

Allah,

That is insane. If they quit handing out money, property priced will come down to affordable levels.

I believe that such programs are designed to keep house prices high, not create affordability for the “poor.”

Precisely! They are offering this to anyone who makes up to 30% more than the median income which means not just the poor...and that is why I wrote this.

Are they doing something like this on the west coast?

220   Ozman   2007 May 1, 1:16pm  


I worked in England for a summer and the visa form asked me to indicate my race. The choices were:

white
black
asian
irish

I kid you not. I felt like an Arab arriving at JFK.

Patrick

When I last arrived at SFO, the ICE official asked what my religion was.
I could not believe what I was hearing. This was a Filipino officer. I told him I did not see that question on the declaration form :)

221   HARM   2007 May 1, 1:18pm  

Australia has a higher immigration rate than the US, the total quota for immigration is around 1% of the total population, each year. I don’t think we get 30M new immigrants each year.

OO,

While the above may be true for each nation as a whole, immigration as a % of California's population would be much, much higher. CA, as a border state (and chief entry piont of choice from Mexico) absorbs a far greater share of immigrants, illegal and otherwise, than any other. I seriously doubt if ND or Montana gets a whole lot of immigration. And if you factor in children of illegals here (who automatically get citizenship), the numbers climb a lot higher.

https://www.cia.gov/cia/publications/factbook/

United States Net migration rate:
3.05 migrant(s)/1,000 population (2007 est.)

Australia Net migration rate:
3.78 migrant(s)/1,000 population (2007 est.)

Even if Lake Michigan has an average depth of 2 feet, you can still drown in the middle of it. Lies, damned lies and statistics...

222   HARM   2007 May 1, 1:21pm  

Actually, OO's figures were wrong. 30 million new immigrants would represent a +10% net migration rate, not a 1% rate.

223   HARM   2007 May 1, 1:23pm  

I think every American teenage ought to be sent to a third-world country to live for 2-5 years. Live just like the locals. No special positions, no stipends.

Excuse me, but when did anyone here say anything about life in other countries NOT being tough? Actually, that's part of the reason for not wanting completely open borders: most of us already here do not want the U.S. to become yet another Third World hellhole (just like the countires these people are trying to escape from).

224   Glen   2007 May 1, 1:29pm  

they laugh at America for allowing them to invade and breed like roaches while we pay the way.

I don't want to be the PC police, but that was a sickeningly racist comment.

225   Randy H   2007 May 1, 1:32pm  

Betty,

I am apparently the person who does NOT believe that they buy social security numbers.. which shows you didn't do me the respect of bothering to read what I actually wrote. Before offering me your blessings why not doing me the courtesy of reading before responding. I simply asked you to demonstrate *how* you know they actually bought these SSNs instead of one of the other less nefarious ways in which they may have obtained them, legal or illegal. Not all "borrowed" SSNs are cases of identity theft.

I've had my SSN and credit used in identity fraud also, by the way. About 2 years ago. And it had nothing to do with Mexicans or illegal immigrants. And moreover, it was a pain in the ass but ultimately cost me $0 and actually caused my credit to end up 10 pts higher than before it happened (perhaps coincidentally).

I had an uncle end up in an identity snafu too, which was much harder for him to shake. Somehow he got mixed up with someone else of the exact same name and somewhat similar SSN who'd defaulted on a mortgage. You know, that took him over a year to clear up, and cost him a couple thousand $ in lawyer fees to force resolution (and he filed a small claims action to recover the fees which was remanded to superior court, so he couldn't pursue that either).

226   danville woman   2007 May 1, 1:35pm  

Off Topic

Have been following a house in Alamo which is being sold by our previous realtor. It has been listed twice since last November at $2,699,000.

Price dropped to $2,399,000 last week. It is now only $400,000 over Zillow's zestimate.

What a deal !

227   Glen   2007 May 1, 1:38pm  

Actually, that’s part of the reason for not wanting completely open borders: most of us already here do not want the U.S. to become yet another Third World hellhole (just like the countires these people are trying to escape from).

It sounds like, basically, you just don't want to see any poor people. Better for them to be even poorer in their native country than come to the US and offend your sensibilities.

228   HARM   2007 May 1, 1:42pm  

Glen,

If you're so in favor of completely open borders, then why don't you welcome some of these fine folks into your house --and volunteer to feed, clothe, insure and employ them too, while you're at it.

229   Randy H   2007 May 1, 1:43pm  

HARM

Walls and secure borders are not the same thing. Many dissimilar countries have very secure borders yet don't build walls or fences.

Borders are porous. They always will be. The challenge is to secure that against critical, defensible threats, like from armies or surging mobs.

Building giant walls has, at best, a rapidly diminishing return on investment no matter how you measure it. I'm all for some of your other proposals, like holding employers accountable.

As an employer myself, I find it doubly criminal that other employers utilize illegals, which hurts honest employers as well as taxpaying society while they profit and smugly claim they're anti-illegal immigrant.

230   Glen   2007 May 1, 1:45pm  

HARM,

All else equal, if I were looking for a roommate, employee, or opportunity to do charity work, I would be just as likely to choose an immigrant as a US citizen. I fail to see why I shouldn't.

231   HARM   2007 May 1, 1:48pm  

For the record (before someone else puts more words in my mouth), I am not against all forms of immigration or for closing the borders, or for means-testing all immigrants. That's ridiculous. I would even be in favor of expanding current immigration quotas/limits, and allowing more work visas, if WE WOULD JUST START ENFORCING IMMIGRATION LAWS AND PUNISHING OFFENDERS.

232   HARM   2007 May 1, 1:53pm  

Glen,

Good for you. Problem is, when national immigration policy is based on weepy bleeding heart "oh, how sad, they're so poor" emotions, what you get is an uncontrollable and unassimilated flood of "diversity" along your border states, along with all the wonderful "benefits" it brings (poverty, high crime rate, lower wages, overwhelmed deteriorating infrastructure, high uninsured rates, diseases like TB that were once eradicated here, etc., etc.

233   HARM   2007 May 1, 1:59pm  

@Randy H,

Fair enough. I suspect that removing eligibility for welfare subsidies from illegals and a few well publicized cases of punishing employers would quickly "get the word out" and might just make building a wall unnecessary, or at least, a lot less necessary.

234   OO   2007 May 1, 2:00pm  

HARM,

you are right, I can't even do simple arithmetics. Still, I doubt if we get 3M net inflow. But you are right in pointing out that CA is the major receptor of all these immigrants (which is why I always think that the Pacific Northwest is a much nicer place).

I am not pro illegal immigration either, I earned my status and hope others to do the same. I am particularly against importing old parents into this country, even on a legal basis. Elderly parents have no reasons to be here unless they can entirely fund their own medicare and retirement. But I just think border control will never work.

We have to be smarter at it. One of the proposals I've been thinking is to provide subsidy to multi-national corporations if they outsource jobs to Mexico instead of China or India, because if China or India have employment problems, it is much harder for Chinese or Indians to get on a boat and set sail to America. We have more vested interest in keeping our backyard, Mexico, stable and fully employed at a decent wage than that of China or India.

The subsidy is just a redirection of public resources we would otherwise spend if these Mexican illegals come and stay.

235   Steveoh   2007 May 1, 2:19pm  

@ Malcolm

What can I say? Truth is stranger than fiction. ...shocking.
I read your site too. Bam!

236   Steveoh   2007 May 1, 2:22pm  

Oooops! I meant @Allah

What can I say? Truth is stranger than fiction. …shocking.
I read your site too. Bam!

237   HARM   2007 May 1, 2:39pm  

We have to be smarter at it. One of the proposals I’ve been thinking is to provide subsidy to multi-national corporations if they outsource jobs to Mexico instead of China or India, because if China or India have employment problems, it is much harder for Chinese or Indians to get on a boat and set sail to America. We have more vested interest in keeping our backyard, Mexico, stable and fully employed at a decent wage than that of China or India.

The subsidy is just a redirection of public resources we would otherwise spend if these Mexican illegals come and stay.

Ha ha --now there's some out-of-the-box thinking. And not a bad idea at that.

238   Malcolm   2007 May 1, 2:57pm  

Well NAFTA was supposed to be that subsidy by removing trade tarrifs.

239   Malcolm   2007 May 1, 3:03pm  

The corruption in Mexico is so bad you almost would rather deal with China. They at least speak English, but their government actively is promoting commerce and growth. The Mexican government is more like dealing with the mafia. Every single thing is a shakedown to those buggers. The whole culture is screwed up to where you would rather say forget it. When I was starting out in life, I worked for a company which made dog leashes and we had a little maquiladora. It was a joke, my boss told me all kinds of stories about every semi official with a badge coming by for their payoff. He just made up a name of someone who sounded important like Mr Castanza and said that would sometimes keep them in check. I can't figure out how the whole country hasn't collapsed, I know it is on the verge.

240   Malcolm   2007 May 1, 3:05pm  

I will no longer go into Mexico for genuine fear unless I am with a Mexican friend. It is really dangerous, and don't let anyone tell you otherwise.

241   Malcolm   2007 May 1, 3:09pm  

I told you guys how I helped build a house down there some months ago. I literally don't know how there aren't real epidemics down there. The houses on this beautiful hillside had no plumbing. Each house has a little shed over a 10 foot deep open hole which is their toilet. I have no idea how the land can sustain that many people constantly crapping in it. I will never forget going down to that part.

242   Sandibe   2007 May 1, 3:17pm  

Have there been reliable studies on the net economic benefit/cost to the United States of legal immigrants versus illegal immigrants? I recall reading before of studies that show substantial net benefits from legal immigration but substantial net costs from illegal immigration.

Immigration policy should be like a company's hiring policy. You don't hire everyone who submits an application. You look for quality. You pick applicants who will add value rather than drain resources.

In the past, the United States was terrific at stealing the best and brightest from other countries. They would come here as students and wind up staying to the benefit of U.S. industries. Over the years, I have known many highly talented foreign students who ultimately returned home because they could not obtain a work visa or greencard. Ironically, many left precisely because they were law abiding when, if they were less concerned about the law, they easily could have just remained illegally.

243   Peter P   2007 May 1, 3:24pm  

I will no longer go into Mexico for genuine fear unless I am with a Mexican friend. It is really dangerous, and don’t let anyone tell you otherwise.

I will only go to Mexico on a round-trip cruise. And I may not even get off the boat at ports-of-call.

244   SP   2007 May 1, 4:33pm  

It is interesting to see that the first defense (or last refuge?) of those opposed to immigration controls is: "Do you really want to live in a police state?"

There are many ways to enforce current immigration laws without having roadside checkpoints.

As a (fully documented legal) immigrant, I have absolutely NO problem with the government asking me to produce evidence of my legal status when I desire access to taxpayer-funded government benefits. Sure, it is an inconvenience, but is perfectly reasonable if I am asking the government to pay for something.

I am not surprised that there are people who pretend that this is some great affront to their dignity, when it is clear to the meanest intelligence that it is merely a ploy to abuse benefits to which they are not entitled. What amazes me is that the this country's government actually puts up with this. Only in America!

SP

245   cb   2007 May 1, 4:35pm  

I will only go to Mexico on a round-trip cruise. And I may not even get off the boat at ports-of-call.

I was in Cancun few years ago and a lot of the restaurants in the hotel zone were really expensive, the waiters were making some serious $$$ in tips, I never saw any women waiting on us.

246   Jimbo   2007 May 1, 4:40pm  

It’s when people that are totally unrelated all dog pile into a SFH more based on where they work and simply for economics and convenience that bugs me.

I don't really understand why this is a problem, but I guess that is why I live in a city and not in the suburbs. I think people should be allowed to live as densly as they desire. Often times that is the only way to save money. But I grew up in a big family.

247   Jimbo   2007 May 1, 4:50pm  

I have travelled all over Mexico, by car, bus, airplane and train. I have been there dozens of times and have not had the least bit of trouble. I speak a fair bit of heavily accented gringo Spanish, which helps, and I am also careful to be culturally appropriate, but I can honestly say that I have never felt the least bit threatened there. I think some gay guy made a pass at me once when I was wandering around Guadalajara, but I just pretended like I didn't understand him.

I also once got held by immigration for about two hours in Mexico City because I stupidly forgot my passport. I had visited northern Mexico so many times, I started to think of it as the 51st state and forgot that you need a passport more than 50 miles from the border. I sat and chatted with a pleasant young man for about an hour and then my airline (!) vouched for my identity and I was given a 14 day tourist visa.

I would not drive from Arizona to Chihauhua by car though. That area is pretty lawless and has had problems with bandits since at least the time of Pancho Villa.

Don't think that you can go to Mexico and just get drunk and stupid and you will be fine.

248   FormerAptBroker   2007 May 1, 6:12pm  

Randy H Says:

> Could someone provide me with a historical precedent
> where the fence-builders fared better than those they
> were trying to fence-off?

It is not PC to say this but as someone who has hired Mexicans to do work with shovels I know for a fact that the wall will not work at all to slow the Mexicans down (but it sure will be a big contract for Bechtel or Halliburton)…

> I propose that fences are antithetical to human nature,
> and especially to American nature.
> “Mr. Gorbechev, tear down this wall!” You know, the
> Soviets didn’t tell das Volk in the DDR the fence was
> to keep them in after all. It was to keep the evil
> kapitalists out.

All the tank traps in East Berlin were designed to keep someone in a tank from getting out not to stop someone in a tank from getting in…

249   FormerAptBroker   2007 May 1, 6:16pm  

Randy H Says:

> I think most people have a cartoon notion of
> how well borders and walls can seal off a
> population. You guys do know that even
> during the grand castle sieges of antiquity
> literally thousands of people were able to sneak
> in and out every night, right?

That reminds me that a friend’s firm was doing some work “inside” the gates of San Quentin and his laborers were buying pot “inside” the gates of the prison from “inmates” for less than they could buy it for on the streets of San Francisco…

250   ozajh   2007 May 1, 8:00pm  

OO,

I think you should pitch your argument at the High School or Junior College level, because the LAST thing the white elite want is educated Mexicans competing for THEIR jobs.

OK, that's a snark but IMHO there's some truth in it. We have a similar situation in Australia, where employers are attempting to use the Skilled Migrant Program to bring in TRUCK DRIVERS and the like. They don't want people with real education and skills!! THEY intend to remain on the top of the heap, after all. What they want is 'support staff' for THEIR economy.

Sorry to sound like DS, but it really burns me every time I read about a grossly overpaid executive whining about the need to bring in unskilled or semi-skilled labour so they can have 'competitive' labour costs.

« First        Comments 211 - 250 of 266       Last »     Search these comments

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions