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 ...
I live in southern California.....nuff said.
IMHO, this is all in "the Plan" and no one on earth can stop it. Welcome to one-world government.
So, if it is a felony to encourage someone to become an illegal alien here in the States, why isn't 90% of the local gov't in SoCal in jail right now? Geeze, we could clean out most of the demos in the Cal State Assembly & Senate too, by convicting 'em as felons. Sounds like a deal to me!
Banks are also supposed to obey the law. If a bank knowingly provides a loan to an illegal alien, that bank is violating federal law.
Somebody should check out Springdale, AR (home of Tyson Chicken). The realtors here are advertising this in flyers posted in neighborhood stores.
We even have a Tyson Credit Union down the street to help them establish credit.
From what I can gather here in Northwest Arkansas, it benefits one to be an illegal alien vs. a citizen.
Bingo. Criminal behavior awarded on all counts.
You got it, brother!!
Didn't know rdb3 was a fed... And all this time I thought it was the government's job to enforce the law.
What if I am living in a house built partially by illegal immigrants? All that means is that the homebuilder violated federal laws if he knowingly hired any illegal alien workers. What does that have to do with me as a homeowner? I didn't violate any laws by buying the house. You make some of the most ridiculous arguments in favor of illegal immigration that I've ever read.
BS. Now you're just stinking up this thread with your illogical reasoning. Comparing a bank that KNOWINGLY loans money to an illegal alien with an consumer who DOESN'T KNOW whether or not a company he buys goods or services from has illegal aliens on its payroll just shows how desperate your arguments in favor of illegal immigration have become.
Why don't you stop putting up the strawmen, and explain to us why it's A-OK for any US business to knowingly hire, or cater to, illegal aliens?
You are right. The United States is one of only a few countires where you do not have to be a citizen to own property.
I firmly believe that any bank that knowingly and willingly conducts business with illegal aliens, be it a home loan or a checking account, be stripped of their FDIC designation.
Well, the big banks are spending millions to lobby for a small change in the banking laws that would allow them to make billions of dollars catering to illegal criminals.
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