Monday, September 22, 2008

The Cause of the Mortgage Crash

Remember when all this economic hoo-hah started last spring with the "housing crisis" in the "sub-prime mortgage market?" That's a code word for high-risk mortgage loans to niggers and illegal aliens, plus (admittedly) a few dysfunctional white trash meth heads who should never have passed even the most rudimentary credit check. But mostly niggers and illegal aliens. 90% of the failing sub-prime mortgages are loans made to people who should not have been loaned a penny, but who skated by on the dusky color of their skins.

Our nation is being wrecked by non-White minorities and the sicko Whites who advocate giving them things. The Federal Reserve Bank of Boston (The Federal Reserve is a private corporation wholly owned and operated by Jews, not a government body as most people think)--put out a manual in the 1990's that warned mortgage lenders to no longer deny urban and lower-income minority applicants on such "outdated" criteria as credit history, down payment or employment income.

That and the fact that many mortgage lenders are run by greedy, unscrupulous, and completely irresponsible capitalist bastards of all races who work on commission based on how much paper "business" they write and hence will lend money to any Juan, Jose or Jamal who walks in the door.

Needless to say, nothing will ever be done to punish the Jews and greedy mortgage bankers who did all this.

Check out

if you don't believe me.


Anonymous Anonymous said...

Meanwhile, people like me who have been saving their money to buy a home because they know living beyond their means is bad get screwed. I want to see Wall Street burn, and I want to see niggers who think the government owes them a living rioting in the streets because they're no longer getting their handouts. F*** them all.

7:25 AM  

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