I'm sorry but this guy is a fucking idiot. Now Friedman takes some incredibly racist comment from some Indian newspaper claiming Indians would pay their mortgage because not to do so is shameful (as if Americans think it's ok to not pay their bills?????) and complete fiction that a temporary visa holder will buy up subprime houses (uh, you are temporary, why the hell would you buy a house in a temporary visa?)
As if magically an American worker given a decent job would not magically buy a home.

Hello asshat! Have you seen the layoffs in the United States, the numbers of unemployed Americans? Anyone connect the idea that income might have something to do with getting a mortgage?