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Date Posted: 20:54:26 07/16/08 Wed
Author: JMR
Subject: Mortgage Crisis

http://www.metrowestdailynews.com/opinions/editorials/x1816441776/Editorial-Uncle-Sam-to-the-rescue-again

Like usual people are not seeing the forest through the trees.
The mortgage debacle happened because......drum roll please, because of the illegal immigrants.
No sense trying to protect them folks. Yes I said it and guess what? It is 100% the case!
Most of the foreclosures belong to them, and to prove my point go to the legal section in the paper and guess what? You will see that most of the names of the people going bellie up around here are Brazilian, and most of the Brazilians are here illegally.
How they were able to buy homes with no money down, using false identies is beyond me. Actually it's not beyond me because corruption breads corruption.

What happened here is criminal, but noone is touching it, and the reason is a lot of people have their hand in the till.
The illegal immigrants were recruited, yes recruited, to take out these risk mortages, well knowing they didn't have the means to pay them back, and the lenders knew they had no business dealing with them. The lenders didn't care they got because their money, the RE agents didn't care because they sold the house, the banks didn't care because they would eventually sell of the loans to other wall st bankers who would package the loans up for some suckers to come along an by them under some fancy investing name.
This is the scam of the century, and now the want us to bail them out. How great is that?

This is what happened and noone is talking about it except me!
Follow the money trail and you will see where it goes, and I will be proven right.

Check the legal section of the paper.....you'll see what I'm saying is true.

Don't shoot the messanger because this messanger has been right on in what has happened in Framingham for the last 5 yrs.

As Mohandas Gandhi's said

"First they ignore you. Then they laugh at you. Then they fight you. Then you win."

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