While it's illegal to hire undocumented workers, there's nothing wrong with lending them money – in fact, federal and state governments are actually encouraging banks to issue home mortgages to illegal aliens.
Foreigners who are not eligible for Social Security cards can apply to the IRS for an individual tax identification number (ITIN) enabling them to pay taxes. About 8 million ITINs have been issued since 1997 – and an ITIN can be an illegal alien's ticket to a home mortgage.
"Competition for new customers is driving banks to offer home loans and other financial services to illegal aliens – and they are getting help from government agencies, such as the Federal Deposit Insurance Corp.," the Wall Street Journal reports.
Said James Smith, a senior economist at the Rand Corp. think tank: "There is a fundamental contradiction here. We have one policy saying you can't be here illegally. In practice, another policy is saying that if you're here, we're going to cater to you."
Mitchell Bank, located in an area of Milwaukee that has seen an influx of illegal immigrants, has actively sought to attract home mortgage buyers among the illegals – with government help.
The Wisconsin Housing and Economic Development Authority finances the mortgages that Mitchell Bank and other lending institutions sell to their customers, including illegal aliens who have an ITIN.
Mitchell Bank has sold about 100 WHEDA loans in the past four years, most of them to undocumented immigrants.
The average household income of borrowers is $30,000 a year, and the mortgages have ranged from $30,000 to $100,000.
"More banks are following in Mitchell's path, helped by the FDIC, which has reached out to banks in the Midwest to encourage them to lend to immigrants, regardless of their legal status," the Journal reports.
Dozens of small banks in Illinois, Texas and other states have recently begun offering home loans to illegal immigrants, and big banks including Wells Fargo & Co. and Bank of America Corp. are planning to launch their own programs in the near future.
As NewsMax.com recently reported, Wells Fargo has more than half a million bank accounts opened by Mexican immigrants who get a "matricula" I.D. card from the Mexican consulate – and the company acknowledges that most account holders are undocumented aliens.
But Wisconsin state Sen. Glenn Grothman has introduced a bill to halt the lending program, saying it's wrong that the "government sets up a program specifically designed to benefit people who have chosen to ignore immigration laws."
And state Rep. Steve Kestell, who has introduced a similar bill in the House, declared: "Either we have immigration laws and we respect the laws, or we don't."
http://archive.newsmax.com/archives/articles/2005/7/20/125223.shtml
20+ million ILLEGAL aliens are in the United States of America.
Right now in the United States of America, ILLEGAL aliens have more rights than you do!
9/26/2010 - HAZELTON, PA - UNITED STATES OF AMERICA - IT'S ILLEGAL TO ARREST AN ILLEGAL ALIEN. IT'S ILLEGAL TO ARREST OR PUNISH THOSE WHO HIRE OR RENT TO ILLEGAL ALIENS!!!
"There can be no divided allegiance here. Any man who says he is an American, but something else also, isn't an American at all. We have room for but one flag, the American flag, and this excludes the red flag, which symbolizes all wars against liberty and civilization, just as much as it excludes any foreign flag of a nation to which we are hostile...We have room for but one language here, and that is the English language...and we have room for but one sole loyalty and that is a loyalty to the American people." --Theodore Roosevelt
"This nation is in danger of becoming a Third World nightmare with all the corruption, disease, illiteracy, violence and balkanization known all over the world. We need a 10-year moratorium on all immigration to catch our collective breath and we need deportation of over 10 million illegal aliens in a slow and orderly fashion." --Ed Garrison
“The 1987 amnesty was a failure; rather than reducing illegal immigration, it led to an increase,” FAIR stated. “Any new amnesty measure will further weaken respect for our immigration laws. Therefore, all amnesty measures must be defeated.” --Frosty Wooldridge
President barry shits on the United States.
This is a picture of YOUR American president, (president barry soetoro, a.k.a barack obama) refusing to acknowledge the National Anthem of the United States of America. This picture clearly shows barry with his hands crossed across his vaginal area when the United States Anthem was playing.
barry has NO RESPECT for you, me, or America! Not only did he disrespect America, he just shit on the graves of every American Soldier that has died for this country.
6/15/2010 - PRESIDENT BARRY CAN'T EVEN KEEP A U.S. PARK OPEN!!! He gave the park to mexico & the illegal alien mexican drug cartel!!!
7/6/2010 - American President barry soetoro sues AMERICA!!!
9/11/2010 - YOUR president just gave mexico $1 billion dollars for deepwater oil drilling despite his own moratorium on U.S. deepwater drilling!? More proof that barry hates America!
Treason
–noun
1. the offense of acting to overthrow one's government or to harm or kill its sovereign. 2. A violation of allegiance to one's sovereign or to one's state. 3. the betrayal of a trust or confidence; breach of faith; treachery.
Traitor
–noun
1. a person who betrays another, a cause, or any trust. 2. a person who commits treason by betraying his or her country.
Pslam 109:8
May his days be few; may another take his place of leadership.
700 ILLEGAL ALIENS - 40 DAYS - ONE TRAIL
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400 ILLEGAL ALIENS - 35 DAYS - ONE TRAIL
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What's in their backpacks? Are any of them sick with a contagious disease?
United States Code, Title 8, Chapter 12, Subchapter II, Part VIII, §1325 - "Improper Entry by Alien," any citizen of any country other than the United States who: 1) Enters or attempts to enter the United States at any time or place other than as designated by immigration officers; or 2) Eludes examination or inspection by immigration officers; or 3) Attempts to enter or obtains entry to the United States by a willfully false or misleading representation or the willful concealment of a material fact; has committed a federal crime.
Violations are punishable by criminal fines and imprisonment for up to six months. Repeat offenses can bring up to two years in prison. Additional civil fines may be imposed at the discretion of immigration judges, but civil fines do not negate the criminal sanctions or nature of the offense.
ILLEGAL
-ADJ
1. FORBIDDEN BY LAW; UNLAWFUL; ILLICIT 2. UNAUTHORIZED OR PROHIBITED BY A CODE OF OFFICIAL OR ACCEPTED RULES
-N
3. A PERSON WHO HAS ENTERED OR ATTEMPTED TO ENTER A COUNTRY ILLEGALLY
Illegal Alien
–noun
1. a foreigner who has entered or resides in a country unlawfully or without the country's authorization. 2. a foreigner who enters the U.S. without an entry or immigrant visa, esp. a person who crosses the border by avoiding inspection or who overstays the period of time allowed as a visitor, tourist, or businessperson.
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