Obamanomics of ObamaCare, Part deux

Discussion in 'Immigration/Illegal Immigration' started by CrusaderFrank, Sep 10, 2009.

  1. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Will Illegal Aliens have to pay the $750 fine for not having insurance?
     
  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Part III,

    Um, if 14,000 people a day are losing their insurance that means that between this year and last, 5.1MM lost their insurance. Since Obama is now saying there are 30MM uninsured Americans, were there 25MM uninsured Americans this time last year?
     
  3. oreo
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    oreo Gold Member Supporting Member

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    The outburst from Republicans last night over Obama's statement that illegal aliens will not be covered under his plan are:

    Does anyone realise how many illegals we have in this country that have fraudulent I.D's? They have valid state driver's licenses-& many-they have fake birth certificates--along with social security numbers.

    In fact, the very 1st thing they do when they enter this country--is desperately try to get these kind of documents.

    With fake documents & I.D's they most certainly will be covered under the public option.
     
    Last edited: Sep 10, 2009
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Any idea how many FHA loans went to people without Social Security numbers? FHA doesn't seem to know either
     
  5. veritas
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    veritas OBKB

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    FHA insures the loans to the mortgagee [entity that loans the money], not the mortgagor. The FHA is not a lender.
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Right.

    No Income. No assets. No SocSec# loans.

    Any idea to the nearest million?
     
  7. veritas
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    veritas OBKB

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    The FHA does not underwrite low doc/ no doc loans.


    Next.
     
  8. CrusaderFrank
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    CrusaderFrank Diamond Member

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    FHA insures the paper so when the loan defaults, the bank presents the FHA no income/no asset/no socsec# paper back to FHA for payment.
     
  9. veritas
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    veritas OBKB

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    No, the FHA underwrites individual loans, Frank. You are incorrect.
     
  10. veritas
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    veritas OBKB

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    I take it you've never gotten an FHA loan or never processed one.
     

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