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illegal immigrants, subprime

I remember this all very well. BoA was specifically targeting illegal immigrants for bank accounts, money transfers and mortgages.

I'd love to have some accurate statistics but when it comes to anything dealing with illegal immigration, legal immigration, guest workers they repress facts with "you're a racist if you look at that".

But we remember very well, from 2002-2006 marketing in "Español" mortgages, subprime, to illegals. If one looks at bombed out areas of foreclosures, the maps, they really do overlay where there are high concentrations of people here illegally, but daring to look at the statistics, well, I sure haven't found enough to do anything with.

One of those, hmmmmm, isn't that interesting, collection of facts where are repressed.

On flippers, I noticed in Case-Shiller, Phoenix is up over 20% from a year ago in prices and existing home sales are at typical one third "cash buyers".

I did see that, corporate welfare bail out full circle to rinse, cycle, repeat.