Michelle Malkin has a ton of information about why we should kill the bailout bill, how we got to this point and where Congress wants more money to go to mortgage counseling to groups like AARP, ACORN, La Raza and hundreds of other groups around the country now have their hands out. 1.3 million to La Raza for mortgage counseling? Are they nuts?

And Michelle’s piece on how thousands if not millions of loans handed to illegals and of course, now they can’t pay. Can anyone say SECURE THE BORDER? Oh, too late. Never mind.

Kill the bailout: Illegal immigration and the mortgage mess
By Michelle Malkin • September 24, 2008 07:49 AM
Among many examples cited by the FBI: a conspiracy in Las Vegas involving a former Nevada First Residential Mortgage Company branch manager who directed loan officers and processors in the origination of 233 fraudulent Federal Housing Authority loans valued at over $25 million. The defrauders manufactured and submitted false employment and income documentation for borrowers; most were illegal immigrants from Mexico.

Newt Gingrich and others are against it because it’s anti-capitalist. Why is Bush trying to cram this down our throats? Congress wants more control and oversight, which they should absolutely have, but the Democrats will pass it because for one, it’s one more step toward socialism and it’s a chance to spend money and they want in on it. Go read Michelle’s site she’s up to the minute on all of this.