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A trillion here, a trillion there, pretty soon we're talking about real money
Now that the long predicted dubious mortgage crash has finally arrived, I keep remembering that going back to the early 1990s, the government has been twisting the arms of private lenders to get them to lend more mortgage money to minorities than the private firms believed was justified by colorblind principles of creditworthiness.
About a month ago I received a call from Chicago Tribune columnist Eric Zorn as he prepared to write about a 13-year-old girl who was allegedly shot and killed by a gang member after he was ordered to open fire by his leader, an illegal alien who had been arrested 28 times, "Passing buck on immigration cost teen's life, Chicago Tribune, July 10, 2007.
Bush's alleged "crackdown" has barely been announced and the wailing from business, particularly ag biz, has clicked up a substantial notch.
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08/11/07 - Saturday Forum: A New Jersey Reader Takes On Latino Thugs At A Pro-America Rally; etc.
From: Pat Clifford (e-mail him)