President Calls for Expanding Opportunities to Home Ownership:

..."And so by the year 2010, we must increase minority home owners by at least 5.5 million. In order to close the homeownership gap, we've got to set a big goal for America, and focus our attention and resources on that goal."...

..." That's why I've challenged the industry leaders all across the country to get after it for this goal, to stay focused, to make sure that we achieve a more secure America, by achieving the goal of 5.5 million new minority home owners. I call it America's home ownership challenge. And let me talk about some of the progress which we have made to date, as an example for others to follow. First of all, government sponsored corporations that help create our mortgage system -- I introduced two of the leaders here today -- they call those people Fannie May and Freddie Mac, as well as the federal home loan banks, will increase their commitment to minority markets by more than $440 billion. (Applause.) I want to thank Leland and Franklin for that commitment. It's a commitment that conforms to their charters, as well, and also conforms to their hearts.

This means they will purchase more loans made by banks after Americans, Hispanics and other minorities, which will encourage homeownership. Freddie Mac will launch 25 initiatives to eliminate homeownership barriers. Under one of these, consumers with poor credit will be able to get a mortgage with an interest rate that automatically goes down after a period of consistent payments. (Applause.)".....

Fannie Mae will establish 100 partnerships with faith-based organizations that will provide home buyer education and help increase homeownership for their congregations. I love the partnership. (Applause.)

The Enterprise Foundation and the local initiative support corporation will increase efforts to build and rehabilitate more homes in inner cities at affordable prices by working with local community development corporations.

In my home state of Texas, Enterprise helped turn the once decaying ideal neighborhood of Dallas into a vibrant community, by building homes that were sold to residents at affordable prices. The National Association of Home Builders will team up with local officials, home builder associations and community groups in 20 of our nation's largest housing markets, to focus on how to eliminate barriers, and encourage homeownership.
The Neighborhood Reinvestment Corporation will dramatically expand financial and home buyer education efforts to 380,000 minority families. The Neighborhood Housing Services of America will raise $750 million to promote homeownership initiatives in many communities. We're beginning to use the Internet better, so that realtors all across the country will be able to call up programs all designed to help minority home buyers understand what's available, what's possible, and what to avoid. The National Realtors Association will create a central data bank of affordable housing programs, which will be made available to agents, real estate agents, to help people. "

...Manuel Lopez came to the U.S. on a tourist visa in 1999 after his bus-driving business in Ecuador failed due to runaway inflation. He stayed here illegally and eventually brought over his wife and son and had another daughter here. He makes about 40-thousand dollars a year working for a downtown Chicago parking garage. Two years ago, he started looking to buy a house but the interest rates his broker quoted him were 8 to 9 percent. Then he heard about a program with much better terms run by Citibank and the non-profit group Acorn Housing.

...He bought the house for 230-thousand dollars with a 30-year fixed rate mortgage set at 6 percent. The program required that he pay three percent down. Lopez is just one of about 900 undocumented immigrants who have gotten mortgages from the Citibank Acorn program nationwide in the past few years. And they’re by no means the only ones in the business....

At Second Federal Savings and Loan in Chicago’s Little Village neighborhood, tellers count out bills in Spanish to their predominantly Latino customer base....

This savings and loan got its start serving Eastern Europeans but had to adapt – or die – once the neighborhood changed. Mark Doyle is president and CEO of Second Federal. His bank became one of the first to pioneer the practice of making mortgages to undocumented immigrants several years ago.

DOYLE: Loan applications were astounding. I mean, we had 40 million dollars in the pipeline in one four-week period of time. And we did those loans for a good period of 8, 10 months and then we cut it off. We curtailed that activity because we couldn’t handle the volume.

But the bank was soon able to get back into it. What made this whole market possible is that back in 1996 the IRS started offering illegal immigrants a way to pay taxes. The IRS created something called individual taxpayer identification numbers, or ITINs. People without social security numbers who earn money in the U.S. are still obligated to get ITINs and pay tax – whether or not they’re here legally. More than 10 million people have gotten ITINs since the system was created. And now they’re able to show those tax returns to banks as proof of income in order to get mortgages. Still, Doyle says most ITIN holders lack a regular credit history. So Second Federal had to get creative in assessing credit worthiness.

DOYLE: We have to go to local churches to find out if they’re a member of that parish, are they paying weekly. If they’ve borrowed money from an uncle to buy a pickup truck, there’s a paper trail behind that, so we look for the check, we take a look at the title, we make sure they paid him back. If they’re a tenant, you know, we look for receipts, proof they’ve been rent to their landlords. The underwriting on an ITIN loan typically takes at least 6 hours.

And that’s three times as long as a regular loan. He says it’s worth it because the ITIN loans have performed well. But lately, volume has dropped to as few as six applications a month versus 40 a few years ago. Doyle says one reason is competition from other banks. Another is the political climate. The government plans to send so-called no-match letters to employers warning them that they face penalties if their workers are illegal. That could trip up people with ITINs who use fake social security numbers to work. A judge has temporarily blocked the letters, but Doyle says potential borrowers are intimidated.

DOYLE: They’re afraid. If an employer now has to go to their people and say he has five people who don’t have a valid social security number and tell them if you don’t give me a valid social security number in 90 days, I’m going to have to fire you, if enough of that happens. People have two choices – they can go back to Mexico or they’re going to go underground.

And Mari Gallagher, a Chicago-based consultant who’s researched the ITIN mortgage market, says banks are also thinking twice.

GALLAGHER: The big players have other issues right now in the mortgage industry, so they’re not going to be spending their time figuring out the ITIN mortgage. So I think it’s the small banks who will keep pushing the envelope, and then if it looks like it’s a safe area again, banks as other markets dry up might revisit it, but I think with the political current right now, banks are wary.

CHEREE CALABRO: This is about the first home loan, and this is a picture from the coverage of us protesting at the bank in Hammond, this was our first protest.

That’s Cheree Calabro. She heads a group called Indiana Federation for Immigration Reform and Enforcement. She’s pulled out a folder of newspaper clippings documenting her group’s 7-month protest of Bank Calumet after the bank made its first mortgage to an undocumented immigrant. They handed out flyers to bank customers saying the practice is illegal. Calabro says the bank wasn’t happy.

CALABRO: They got pretty upset with us. They didn’t want us to step on their property, so what I did is I bought one of those extendo-rods, it’s for reaching objects on high shelves, and I would put the flyer in it so I could reach across their property and hand it to the people as they sat in the drive-thru.

In other words, pretty much a bank’s worst nightmare. Calabro says they persuaded some people to close their accounts – including one person she says withdrew 100-thousand dollars. When First Midwest Bancorp bought Bank Calumet in spring of 2006, they stopped making ITIN mortgages. Calabro says that’s what she’d like to see happen all across the country.

CALABRO: I mean you shouldn’t be rewarded for your illegal activity, neither the banks nor the illegal aliens should be rewarded for their crimes.

Calabro points to a section of the immigration code that says it’s a crime to aid or abet illegal immigrants for financial gain. But a spokesman for the Federal Deposit Insurance Corporation says ITIN mortgage lending is legal. Congressman John Doolittle – a Republican from California – introduced a bill earlier this year to make the practice illegal, but it didn’t get to the floor for a vote. Mark Doyle of Second Federal says homeownership should be encouraged – regardless of immigration status.

DOYLE: People are more responsible for their neighborhoods. They’re more attentive to their schools and churches and they take care of their homes.

Partnership for Prosperity (the propaganda):

Fact Sheet: Partnership for Prosperity

Partnership for Prosperity agreement/New Alliance Task Force. (the truth):

Linking International Remittance Flows to Financial Services: Tapping the Latino Immigrant Market

New Alliance Task Force

Social Security Totalization Agreement with Mexico

SOCIAL SECURITY Proposed Totalization Agreement with Mexico Presents Unique Challenges

More in-depth Totalization information

Costs to US citizens as a result of uncontrolled illegal immigration:

1. $11 billion to $22 billion spent on welfare to illegal aliens each year.
2. $2.2 billion dollars a year spent on food assistance programs such as food stamps, WIC, and free school lunches for illegal aliens.
3. $2.5 billion dollars a year spent on Medicaid for illegal aliens.
4. $12 billion dollars a year spent on primary and secondary school education for children here illegally.
5. $17 billion dollars a year spent for education for the American-born children of illegal aliens, known as anchor babies.
6. $3 million dollars a day spent to incarcerate illegal aliens.
7. 29 percent of all Federal Prison inmates are illegal aliens.
8. $90 billion dollars a year spent on illegal aliens for welfare & social services by the American taxpayers.
9. $200 billion Dollars a year in lost-suppressed American wages caused by the illegal aliens.
10. Illegal aliens in the United States have a crime rate that's two and a half times that of citizen-taxpayer Americans. Their children make a huge additional crime problem in the United States.
11. During the year of 2005, there were 4 to 10 million illegal aliens that crossed our Southern Border. In addition, as many as 19,500 illegal aliens arrived from terrorist countries. Millions of pounds of drugs, cocaine, meth, heroine and marijuana, crossed into the U. S. from the Southern border.
12. In 2006 illegal aliens sent home $45 billion in remittances back to their countries of origin. Obfuscation may have hidden $35 Billion more.
13. "The Dark Side of Illegal Immigration: Nearly One Million Sex Crimes Committed by Illegal Immigrants in the United States."
14. Every day (average), 12 Americans are murdered by an illegal alien. Another 13 Americans are killed by uninsured drunk illegal aliens, and Eight American Children are victims of a sex crime committed by an illegal alien each day! Local cops, acting in error, sometimes "forget" to annotate nationality on reports. The numbers may be worse.
15. Today, criminal aliens account for over 29 percent of prisoners in Federal Bureau of Prisons facilities and a higher share of all federal prison inmates. These prisoners represent the fastest growing segment of the federal prison population. Incarceration of criminal aliens cost an estimated $624 million to state prisons (1999) and $891 million to federal prisons (2002), according to the most recent available figure from the U.S. DOJ Bureau of Justice Statistics.
16. "Illegal Aliens and American Medicine," "Many illegal aliens harbor fatal diseases that American Medicine fought and vanquished long ago, such as drug-resistant tuberculosis, malaria, leprosy, plague, polio, dengue and Chagas disease." The Journal of American Physicians and Surgeons.
17. In 2002, HIV/AIDS was the third leading cause of death among Hispanic men aged 35 to 44 and the fourth leading cause of death among Hispanic women in the same age group. Most Hispanic men were exposed to HIV through sexual contact with other men. Source (U.S. CDC):
18. If enacted, the Comprehensive Immigration Reform Act (CIRA, S. 2611) would be the most dramatic change in immigration law in 80 years, granting Amnesty to 30 million illegal immigrants, and allowing an estimated 100-203 million persons to legally immigrate to the U.S. over the next 20-40 years – a number equal to fully two-thirds of the current population of the United States.
19. U.S. Sen. Jeff Sessions (R-AL) today unveiled an impact analysis that shows the Senate immigration bill – should it become law – would permit up to 217.1 million new legal immigrants into the United States over the next 20 years, a number equal to more than 70 percent of the total current population.
20. The number of illegal immigrants in the United States is at least 20 million, and may be as many as 30 million people, more than triple the official nine million people estimated by the Census Bureau. 03 Jan 2005.
21. Cases of Leprosy on the Rise In The U.S. , The New York Times. "While there were some 900 recorded cases in the United States 40 years ago, today more than 7,000 people have leprosy." Leprosy is an airborne virus; it can also be spread by touching and coughing.

Are you sickened by this movie? This nation needs a 10 year moratorium on all immigration. We need to stop this invasion of our nation and destruction of our future.

Sources for all 21 points:

1, Immigration and welfare
2, High cost of cheap labor
3, High cost of cheap labor
4, Lou Dobbs: The debate over immigration and border security continues
5, Lou Dobbs: The debate over immigration and border security continues
6, Lou Dobbs: The debate over immigration and border security continues
7, Lou Dobbs: The debate over immigration and border security continues
8, Lou Dobbs: Encore presentation: Broken borders
9, Lou Dobbs: The debate over immigration and border security continues
10, President Bush Convenes Two-Day War Summit at Camp David; Will U.S. Troops Soon be Leaving Iraq?
11, Confronting the threat at the southern border
12, Latinos are sending more money home
13, Violent crimes institute and Biting the hands that feed you
14, The criminal alien problem is growing
15, Journal of the American physician and surgeons
16, HIV/AIDS among hispanics in the United States
17, Senate Immigration Bill Would Allow 100 Million New Legal Immigrants over the Next Twenty Years
18, U.S. Sen. Jeff Sessions Unveils Massive Numerical Impact Of Senate Immigration Bill
19, The underground labor force is rising to the surface
20, Cases of Leprosy on the Rise in U.S.
21, Leprosy in America: new cause for concern and LEPROSY, HEPATITIS AND TUBERCULOSIS RISING FAST IN THE U.S.