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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (297237)	3/19/2009 9:49:42 PM
From: Ruffian	Respond to of 793917

Plan to Solve Crisis: Let Immigrants Buy Houses Posted Mar 19, 2009 03:52pm EDT by Aaron Task Instead, Mauldin believes the U.S. government should pursue a controversial idea that's been floated a few times in the past year, including here by Gary Shilling, among others: give immigrants a pathway to citizenship if they buy a house. The economic benefits of this concept are potentially powerful: * An inflow of foreign money into the U.S. economy, which will both boost the dollar and the economy because of related spending. * Help sop up the supply of excess homes on the market, which will help put a floor under prices and revive the construction industry, creating jobs. * Help shore up America's middle class. This assumes most immigrants with the money to buy a home are educated, white-collar workers who can help do what immigrants have done throughout U.S. history - energize the country as they pursue the American dream. Note: Mauldin doesn't support giving financial incentives to immigrants or making citizenship automatic with a home purchase. We discussed whether this idea could ever fly politically. Mauldin believes that many Americans would welcome hard-working individuals into their neighborhoods to put a floor on their own housing prices and make the local economy thrive. What do you think? Yahoo.com floating this piece of shit............