HUD estimates five million fraudulent mortgages have been issued to illegal immigrants. This would be, of course, a huge portion of those underwater and in default, and it would also suggest to us that 10 million is probably a very low estimate for the number of those here illegally.
This, in turn, would lead us to a revised estimate of the cost of illegal immigration; close to a trillion dollars over the past few years. I think that would pay to build a border fence and hire some more ICE agents.
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...or we could reduce the barriers to becoming legal.
I'd be game for that, too, but I think task #1 when we're spending half a trillion dollars annually on welfare programs is to stem the flow of illegals first. This is especially the case given that all indications I've seen indicate that illegals have a far higher crime rate than the population at large.
Build the fence, deport those caught here, and tell those that remain that they can apply for visas.
In Mexico City, not Los Angeles or Dallas.
i think 4million of them were just in orange county alone.
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