Posted on 11/14/2006 1:22:31 PM PST by keepitreal
Officials at the government agency in charge of preserving and promoting public confidence in the country’s financial systems are encouraging banks nationwide to offer services to illegal immigrants and many have obliged.
The Federal Deposit Insurance Corporation (FDIC) has succeeded in getting several large lending institutions to offer a variety of banking services to illegal aliens, including home loans. Headquartered in Washington D.C., The FDIC insures more than $3 trillion of deposits in U.S. banks and is managed by a five-person board of directors appointed by the President of the United States and confirmed by the Senate.
(Excerpt) Read more at corruptionchronicles.com ...
The Bush administration at work.
Cheap labor is not so cheap.
How do I become illegal and get all this free stuff?
more insanity
What?
This is incredibly stupid.
Didn't they talk to the INS first?
Interesting that the GOP massacre removed the holdouts on Bush's immigration plan.
The dems are sure to pass it.
I am weary of the perqs that are available for illegals.
What the heck do we have laws for?
Looks like I've wasted my long life being a law abiding citizen.
The headline should read "Bush Administration Pressures FDIC To..."
I need to renounce my citizenship so I can achieve the American dream. And I won't have to pay taxes anymore either.
From the FBI website on fraudulent loan practices about a company in Nevada:
MARK YOUNG (Nevada): This case involves a former Nevada First Residential Mortgage Company branch manager (Young) who directed loan officers and processors in the origination of 233 fraudulent FHA loans valued at over $25 million. Young conspired with other mortgage company employees and with employees of General Realty to manufacture and submit false employment and income documentation for borrowers. Most of the borrowers were illegal immigrants from Mexico. To date, 58 loans with a total value of $6.2 million have gone into default, with a loss to HUD of over $1.9 million. The Nevada First Residential Mortgage Company is no longer in business.
http://www.fbi.gov/page2/dec05/operationquickflip121405.htm
The costs will continue to mount.
It's time for a second Civil War in that case.
It's time for a second Civil War in that case.
It's time for a second Civil War in that case.
We heard you the first two times.
;-)
ARTICLE VI.Congress shall create an insurance company to back-stop the commercial banks.
This is just plain... [breath, calm down]... For a year now I've lived the American dream, however I only got the loan because of my Veteran status. This just ticks me off that some beaner gets more rights and privileges than actual Americans.
This is just plain... [breath, calm down]... For a year now I've lived the American dream, however I only got the loan because of my Veteran status. This just ticks me off that some alien gets more rights and privileges than actual Americans.
.
Careful, if you renounce you won't be able to say "no" to that question on the ATF form when trying to buy a gun legally.
WHY!!!!!!!!??????
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