The Looney Left Report
Thank God that I moved out of the People's Republic of California. The place has gotten loonier and loonier ever since I did six years ago. I knew this would happen once Gavin Newsom became governor.
Here's the latest, courtesy of the Gateway Pundit:
Meanwhile in the Democrat hellhole of California…
Illegal aliens will get interest-free home mortgage loans under a new California bill.
Democrat assemblymember Joaquin Arambula (Fresno) recently introduced Assembly Bill 1840 to extend a first-time homebuyer loan program to illegal aliens.
If the bill becomes law, illegal aliens will be eligible for a new program that offers a loan worth 20% of the purchase price of the residential property. There are no monthly payments and no interest accrues on the loan. Rather, the loan is paid back when the borrower refinances or sells the property. The borrower will have to pay back the original loan plus a 20% increase in the value of the property.
I guess the Democrats haven't learned any lessons from the mortgage meltdown of 2008.
To read more, go here.
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