And then right on schedule the illegals started going home

And you just know they're walking away from no-down toxic loans in droves too. Nice job Wells Fargo giving loans to illegals! Nice job Countrywide! Nice job IndyMac. Fricking idiots.

You're gonna see ghost towns in America folks, where the illegals moved in and just as quickly moved out. The buildings will still stand, torn and tattered spanish-language billboards and closed-down storefronts will dot the landscape, (most of) the people will be gone, and trust me, you won't want to go there at night. Tucson, South Phoenix, most of LA and San Diego, the border cities of Texas, and so many more are gonna get nasty. Like a bad zombie-picture nasty.

And I'll remind you when Nicholas Retsinas, the corrupt and incompetent REIC stooge who runs the Harvard Joint Center for Housing Studies, talked about the REIC wanting the illegals to keep pouring in - who else was going to buy up all these stupid unwanted houses? Hell, who was gonna build more of these stupid unwanted houses? The illegals! That's who!

Didn't quite turn out that way, huh Nick? Maybe the illegals can take Retsinas over the border with 'em. We don't need him anymore.

And it sure is nice to see that some Governors still think the United States is a nation of laws. Even though our corrupted Congress and President have given up on that ideal.

The US a nation of laws? That concept seems so, well, how would you say, so retro! Doesn't it?

Ben Bernanke wants to reward failed housing gamblers and mortgage fraudsters who can't afford their payments by cutting the PRINCIPAL amount they owe

So let's say you commit mortgage fraud and take out a Liar's Loan for $500,000 even though you can't afford the monthly payments. Your new best buddy Helicopter Bernanke wants the banks to cut the loan amount to $400,000, but only for loans where the failed flipper stopped making payments.

And for those of you who 'bought' homes you could afford, who didn't lie on your mortgage application, and who kept making timely payments, Bernanke says "f*ck you byatch - no bailout for you!"

Crime and irresponsibility pay in America today. Doing the right, ethical and honest thing is penalized. And I think this desperate and pathetic brain-fart by Bernanke shows just how fast things are now spinning out of control.

Bernanke urges banks to forgive portions of mortgages

Saying banks must do more to stem rising foreclosures, Federal Reserve Chairman Ben S. Bernanke called on lenders Tuesday to go beyond trimming interest rates on some troubled mortgages by cutting the size of the loans as well.

Bernanke's call for outright mortgage cuts is more sweeping than anything he has previously advocated and appears to put him at odds with the Bush administration. Treasury Secretary Henry M. Paulson Jr. contends that homeowners are obligated to keep paying on their home loans.