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B of II
Ahhh..Bank of America. That bastion of social sympathy. That towering pie in the sky for those seeking a better life. They are so touched by the plight of illegal immigrants that they are going to begin issuing credit cards to illegals. ILLEGALS! People without social security numbers, valid identification, credit history, OH, and no legal status in America, credit cards! Bank of America my hind leg! YOU try getting such a deal with no verifiable information! Granted the limit will be in the $500 range and interest rates are said to be in the 21% range, but still, this is a raw deal for everyone and this is why. BofA is not a philanthropic organization. It is a business and it there for one reason, and one reason only. To make money. It doesn't care if you can't pay your bills or feed your family, it only cares if you can make the interest payments and that is bad for the illegals who only understand one line of the ad campaign. NO SOCIAL SECURITY NUMBER REQUIRED. This was the brainchild of the president of the Latin American office of Bof A. He is not interested in the plight of his fellow latinos, but rather, he is interested in sucking every last drop of blood from his latino "brothers". That's why it's bad for illegals. What is to stop these people from maxing the cards out and just not repaying them. No SSN, no ID, how do you tell if someone is honest or not? You have no reliable information concerning them so it would be impossible to go after them with any assurance of success, so would the bank even make the effort? What if a group of 10 people got together and maxed out, say one hundred of these cards using different names, sent the money to Mexico and headed back home where they whould be able to purchase $50,000 in drugs, bring it back here and make millions off the lunacy of our very own BofA? Even if all they did was take it home and get drunk till the 50K ran out, the bank is still out the money. I mean, what's to stop them? Has BofA not been paying attention to the news for the last ten years as illegals commit crimes here and flee across the border, never to be heard from again? And who pays for this financial boo-boo? BofA customers(which I am not, thank God), and possibly even the taxpayers if BofA can figure out a way to get the government to somehow foot the bill. I am certain that there are many thousands who will do their very best to make good use of this terrible plan, and repay their debts allowing the bank to extend their generosity(but, I am sure, at the same rates). But the facts still remains that these people are here illegally and that is a crime, period. You can spin it any way you like, you can paint it in the colors of a rainbow and scent it with a potpourri, but they are committing a crime and being rewarded for it. It's another example of how the government refuses to step in and uphold the law for fear of being labeled racist bigots and another example of America cowtowing to another third world country, and that's why it's bad for Americans.
15 comments from 10 users
1
posted by
bonuschris
on Feb 15, 2007 at 08:36 PM
posted by
woofwoof
on Feb 15, 2007 at 09:09 PM
My blog is here. They can get mortgages too, it's not just south of the border, it could be any other country illegal immigrant. Mind you, they do have to prove at least 2 solid years of income.... If they high tail off with the money, we get to pay for it with higher fees. Policies on Illegal Immigrants at Odds from the LA times here this has some good perspective. The world of Mantricula Consular Cards and Federal Tax Identification cards...... more here and here ..........and here and here US BANKS THAT ACCEPT ILLEGAL ALIEN ID CARDS here What's next? WOOF!!! posted by
NancyII
on Feb 15, 2007 at 10:20 PM
posted by
dusty1215
on Feb 15, 2007 at 10:22 PM
posted by
NancyII
on Feb 15, 2007 at 11:02 PM
posted by
CassandraMcGowan
on Feb 15, 2007 at 11:41 PM
posted by
mattloch
on Feb 16, 2007 at 12:25 AM
posted by
NancyII
on Feb 16, 2007 at 07:21 AM
Sorry to butt in but there's a big difference in selling illegals food for cash so they don't starve to death and giving them credit cards and bank accounts. They don't need a credit card to feed their kids. My guess is that with the outcry the bank might give their plan another look. I have no idea how far the dismay will carry it but a lot of I've heard quite a few people say they will refuse to do any business with BofA now. People do a lot of what Moto sometimes calls gnashing of theeth but don't follow through. This may be one of those cases with public outcry. I never liked them anyway and have always refused to do business with them so it's not hard for me to continue that practice. posted by
cthcmh
on Feb 16, 2007 at 08:25 AM
Thank You Bank Of America,
All of my accounts will be closed and moved to another bank posted by
mattloch
on Feb 16, 2007 at 10:14 AM
posted by
robbwillis
on Feb 16, 2007 at 10:18 AM
posted by
msjenny
on Feb 16, 2007 at 10:33 AM
moto.... i watched the news and i understood it different than what u are saying and i do believe b of a will make money for their stock holders........they are taking chances but with the hispanic popualtion growing they could make monies and yes i spelled the wrod wrong but my hand is broken oh well posted by
woofwoof
on Feb 16, 2007 at 11:31 AM
Did you know that 28% of incarcerated individuals are illegal aliens? Californians pay $1.4 billion to "house" them in prison. Did you also know illegal aliens can get Food Stamps thanks to The Federation of American Immigration Reform? California tax-payers pay approximately $1,083 per illegal household. posted by
woofwoof
on Feb 16, 2007 at 11:44 AM
What is funny is: A person (including a group of persons, business, organization, or local government) commits a federal felony when she or he:
posted by
motopoet
on Feb 17, 2007 at 01:49 AM
1
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