Posted on 05/28/2005 9:57:39 PM PDT by smoothsailing
Banking on illegals
By Dimitri Vassilaros
TRIBUNE-REVIEW
Sunday, May 29, 2005
New South Federal Savings Bank is giving illegal aliens home mortgages to help them realize the American dream.
Its Casa Mia program is designed to help tax-paying immigrants "without traditional forms of documentation" -- like anything indicating they are Americans. Remedios Gomez Arnau, consul general of Mexico in Atlanta, is working closely with the massive Alabama-based bank "to ensure the accurate identification of Mexican immigrants." Said Senor Arnau: "We are excited to see a loan product specifically aimed at helping Mexican immigrants."
New South describes itself as Alabama's largest thrift with $1.4 billion in assets. It has residential mortgage loan offices in 13 states and services home loans in 30 more, the District of Columbia and the Virgin Islands. If enough illegals apply, New South plans to offer Casa Mia mortgages in Atlanta, Phoenix and Houston "in the near future." Unless, that is, the bank officers are arrested for helping to harbor illegal aliens.
'CLEAR VIOLATION'
"What this bank is doing is a clear violation of the U.S. Immigration and Nationality Act," said Craig Nelsen, executive director of Friends of Immigration Law Enforcement. FILE describes itself as an association of legal and legislative volunteers working on behalf of Americans to ensure that immigration law is being enforced. "If any loans are issued, they are liable for arrest," Nelsen said. "On TV, you see poor Mexican kids being led away in handcuffs. We need these bank directors led away in handcuffs."
It is a felony to encourage an alien to reside in the United States, knowing that such residence is in violation of the law, Nelsen stated in a letter to New South.
It is hard to imagine almost any court taking seriously ...CONTINUED AT LINK BELOW....
(Excerpt) Read more at pittsburghlive.com ...
There are plenty of plenty of Americans who would volunteer to do it for free.
Not everyone....just illegals and their enablers. If you or I break a federal law, we are going down, brother!!
Thanks for the New World Order Bank (oops, New South Federal) customer site. I think it's important that they have feedback from legal American's as to their policies and procedures. I doubt they care, all they care about is money, but still important that they get feedback.
Naturally I'd love to see a company like this tank financially but we seem to have enough illegals to keep it afloat.
What do you want? Us to be overrun by an INFERIOR culture and civilization?
I see you are suspended, hmmm, wonder why? It appears your heritage is African/American, then how could you possibly refer to another culture as being INFERIOR? Hasn't our past taught us something? Two wrongs don't make a right.
I've seen your posts before and I understand you're quite young so you're filled with piss and vinegar. If you ever are allowed back on FR, you might try to tone it down a bit. You cannot slam someone for the color of the skin God chose for them to be born under.
My main arguments on this issue is "legal" vs "illegal" and the fact that another country is taking over America. America is supposed to be a melting pot and should give all the world access to a careful immigration policy as needed, those crossing from Mexico illegally are taking spots that should be given carefully and legally to a wide variety of people from all over the world.
Hope you're still lurking and read this.
PS Thanks for not whining about the slavery issue since we cannot right the past, we cannot change the past, we can however stop the brown slavery by businesses that only want to make a buck by illegally importing brown slaves. Same thing, slightly different shade of skin color.
Protect our borders and coastlines from all foreign invaders!
Be Ever Vigilant!
Minutemen Patriots ~ Bump!
Pretty soon we'll be overwhelmed. Well, we're already at that point, so this is the party line as the feds throw up their hands: "What can we do? It's a fait accompli. They're here and want to work, if we legitimize things, then they'll pay taxes into the system and we'll all benefit." (Don't pay attention to the benefits overused and going down the drain.) Meanwhile, big banks and big business are licking their chops, smelling money to be made and lots of it. Joe Taxpayer, aka Chump, is caught in the middle. Only a terrorist attack will refocus the feds on what's legal and what's not.
"An SBA loan officer with a major financial institution told me that immigrants have a much lower default rate than non-immigrants."
Prove it.
"t's not illegal for American banks to loan money to foreign nationals.
It's not illegal for foreign nationals to buy American real estate.
It's not illegal for American banks to loan money to foreign nationals for the purpose of buying American real estate."
It is however.... ILLEGAL, for an illegal alien to be in the US.
Funny, hugh?
That would be funny if it didn't have such a ring of truth. Our tax dollars are used for so many things the average Joe does not support and it appears we have absolutely no say as to where it will be used. We could vote the abusers out of office when the time comes but to keep up on every congressman who abuses the use of our money is a pretty impossible task. At home, if we don't have enough to pay the bills, we have to cut back on non-essentials (like lazy people unwilling to work, illegals who don't pay taxes and abuse the system). Where did we go wrong?
Its very interesting that you can only see sinister motives for those that oppose illegal immigration then get upset when people question your motives.
that would in many cases require voting third party, which many FReepers assure us is "wasting one's vote." Personally, I can't imagine a bigger waste of my vote than voting for a candidate whose views are substantially different from mine, just because the other guy is even worse.
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