San Diego to be a "Sanctuary City" for Foreclosures?
San Diego is suing Bank of America to prevent the firm from foreclosing on any homes. First of all, this is the definition of Marxism - a government stealing a company's property (despite the Kelo Supreme Court decision, it is a violation of the Constitution). Imagine if businesses were not allowed to collect on bounced checks or fraudulent credit cards - credit wouldn't exist very long in such a society.
One thing is certain - if B of A loses, San Diegoans can forget about ever getting mortgages in the future. Banks don't appreciate lending money to people who are not legally required to return the funds.
One thing is certain - if B of A loses, San Diegoans can forget about ever getting mortgages in the future. Banks don't appreciate lending money to people who are not legally required to return the funds.
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