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Alien Nation by Peter Brimelow 
April 2, 2009
Dead Cats, Live Pit Bulls and Spanish-Speakers: The Gory Anecdotes of the Mortgage Meltdown
Beneath the dry data on mortgage defaults, I suspect you'd find exactly the kind of stuff unearthed by New Yorker writer Tad Friend as he accompanied a foreclosure realtor on his rounds in Southern California: Letter from California, “Cash for Keys,” The New Yorker, April 6, 2009, p. 34
Who Really Cooked the Numbers?
Carl Bialik writes in the Wall Street Journal:
The recipients of U.S. visas for specialized job functions are a small blip in the overall employment market. But they've taken on great symbolic importance in the past year.
Dallas School District Replacing Americans with H-1b Teachers
Katie Fairbank writes in the The Dallas Morning News:
DISD had the most filings of any North Texas entity, with 380 requests for H-1B visas and five for permanent visas.
"We're obviously trying to find more bilingual teachers to help us with our population," said school district spokesman Jon Dahlander. Students with limited English proficiency now number 53,785 in DISD, or 34 percent of total enrollment.
London 'Welcomes' the G20 Leaders!
London is giving a warm, multicultural welcome to the G20 leaders assembling there.
Interestingly, overt Marxism is largely absent from the symbols of protest-which seems centered around environmental and anarchist sympathies.
Teaser Rate Mortgage Loans
Can anybody think of any reason why "teaser rate mortgages" where the borrower pays an extremely low interest rate for the first two to five years shouldn't be banned? Aren't these just ways to lure people who aren't good with Excel in over their heads into debt? Isn't home buying too massively serious for the kind of marketing gimmicks that are fine with cheaper products?
By the way, doesn't Obama's mortgage bailout plan feature five year teaser rates?
Democratization of Credit
A reader writes in response to my post about Thomas Geoghegan's article in Harper's calling for bringing back anti-usury laws:
I'm confused about your argument re: usury.
A Connecticut Reader Predicts That Senator Christopher Dodd Will Drop Out
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