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To: AuntB; Tennessee Nana; Grampa Dave; TADSLOS; GOPJ; stephenjohnbanker; ken5050; no-to-illegals; ...
How stupid can Republicans be? Their imbecilic faith in latino human nature will be at our expense.

Will they do the necessary spadework to out these conniving kids and their parents....all riding the US gravy train using multiple identities like there's no tomorrow?

NEED TO KNOW Do the kids get in-state tuition? Free school lunches? Welfare? food stamps? Free healthcare?

Do their parents falsely declare them on federal apps to get $$$thousands in EITC refunds----maybe falsely stating their "kids" (existent and non-existent) were back home across the border? Sometimes latinos collude w/ their friends...let the pals claim their kids for refunds, as a favor.

DID THEY SWINDLE THE US GOVT? DID THEY OBTAIN FRAUDULENT MORTGAGES? MORTGAGES THAT DEVSTATED THE US ECONOMY? THAT US TAXPAYERS WERE FORCED TO BAILOUT?

=============================================

REALTIME CASE IN POINT Keynote 2012 Dem convention speaker, Benita Veliz, told a sap-happy Dem crowd that she was "from San Antonio, Texas,” that she was "like so many Americans. I was brought here as a child," Veliz said. "I've been here ever since."

However, her profile on the activist website dreamactivist.org reveals that she came to the United States from Mexico at age 8 on a tourist visa and that her family then illegally overstayed ...

In 2009, Benita allegedly rolled through a stop sign and when stopped by a police officer, Veliz had a Mexican consular card.....but no driver's license. She was booked in jail overnight, and immigration authorities started deportation proceedings against her......

....but she's still here, breaking laws and riding the US gravy train

So if the stupid Repubs pass The Kids Act, little Benita will have to use one of her other identities-----one that has no criminal record attached to it....yet.

The Velez family probably suck-up mucho US tax dollars, UI checks, welfare checks, disability checks, EITC refunds, etc etc etc. ....using multiple identities.

Wonder how much money little Benita is laundering---and wiring back to secret Mexican bank accounts?

11 posted on 07/21/2013 3:28:14 PM PDT by Liz
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To: All
QUESTION DID THEY SWINDLE THE US GOVT? DID THEY OBTAIN FRAUDULENT MORTGAGES? MORTGAGES THAT DEVSTATED THE US ECONOMY? THAT US TAXPAYERS WERE FORCED TO BAILOUT?

MASSIVE MORTGAGE FRAUD ON CAPITOL HILL FACILITATED W/ OUR TAX DOLLARS :

The Congressional Hispanic Institute, Inc, is an entity organized by Cong Joe Baca (D-Cali) in his capacity as head of the Congressional Hispanic Caucus.

Cong Baca created "HOGAR" (Spanish for home) in 2003 to work with the mortgage industry, F/M, lenders, banks and latino community groups to increase mortgage lending to what savvy observers consider to be unqualified Latinos.

"HOGAR" colluded w/ Cong Baca in what was to become a massive bilking of taxpayers. Cong Baca calculatedly hyped the fact that the national Latino homeownership rate was 47%, compared with 68% for the overall population.

HOGAR was coached to call the figure "alarming," and to say "a concerted effort was required to ensure that by the end of the decade Latinos will share equally in the American Dream of home ownership."

HOGAR and Cong Baca conned the public, failing to note that most of the "dreamers" were illegals, citizens of Third World countries who had violated US borders.

Predictably, HOGAR colluded w/ co-conspirators which included:

(a) shaky mortgage companies that ran into big trouble;

(b) Fannie Mae and Freddie Mac, both now under federal control after billions in taxpayer bailouts;

(c) Countrywide Financial Corp., sold to Bank of America Corp;

(d) Washington Mutual Inc., taken over by the US government and sold to J.P. Morgan Chase & Co.; and,

(e) New Century Financial Corp. and Ameriquest Mortgage Corp, both now defunct, killed by defaulted subprime Latino mortgages.

HOGAR's ties to the subprime mortgage industry were substantial. Bribery and self-dealing were rampant:

<><> Companies that donated $150,000 to Cong Baca got the right to have their own research fellow who would conduct fraudulent studies, which were cunningly used by industry lobbyists to pump lending.

<><> Bribery and extortion in the form of $100,000 annual donations to Cong Baca, for which HOGAR provided phony news releases from Cong Baca's Hispanic Caucus promoting a lender's commercial products to the Latino market,

<><> The most shocking example of bribery well-substantitated by Hogar's literature..... HOGAR announced it worked with Freddie Mac on a self-serving two-year examination of Latino homeownership in 63 congressional districts.

The "study" found Hispanic ownership on the rise thanks to "new flexible mortgage loan products" that the industry was adopting at the urging of Cong Baca's collusive coterie.

<><> HOGAR conned lenders into even more lenient down-payment and underwriting standards.

<><> As the subprime debacle unfolded, HOGAR declined repeated requests for comment despite the economic havoc their activities precipitated.

The mortgage schemes demonstrated the criminal activities of border violators with multiple identities---perhaps violent, terrorist-connected foreigners---colluding and conspiring to defraud private companies and public entities. And mortgage racketeering enterprises which employed sub rosa finance and business practices to carry out deceptions and frauds.

The alleged ring of swindlers---a Congresman, individuals with multiple identities, banks, insurance companies, mortgage brokers--might be charged with cheating the US govt, taxpayers and bank share holders out of hundreds of millions of dollars via an elaborate web of mortgage and bank frauds.

The mortgage Dreamers used multiple phony identities, fraudulent Social Security numbers, purchased from identity forgers in order to obtain govt-subsidized benefits.

L/E will find that individuals with multiple identities obtained fraudulent mortgages then flipped the houses at ever-higher prices to family member who then absconded to foreign countries, sticking banks (and taxpayers) with hundreds of millions in fraudulent mortgages.

BACKGROUND A Wall Street Journal investigative report related that, according to the Federal Financial Institutions Examination Council examination of the borrowing spree, uncovered financial schemes by low-income housing groups, Hispanic lawmakers, a congressional Hispanic housing initiative, mortgage lenders and brokers, all colluding in fraduent schemes to increase homeownership among Latinos with forged documents which enabled massive fraud.

This was not simply the mortgage market at work. It was fueled by avarice, greed, and Congressional enabling fraudulent practices. In 2005 alone, mortgages to Hispanics jumped by 29%; Latinos with multiple fraudulent identities in low-paying jobs obtained subprime mortgages for prime properties---soaring to 169%.

(Research provided by Wall Street Journal. Some material excerpted from the NY Times).

12 posted on 07/21/2013 3:32:31 PM PDT by Liz
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To: Liz; AuntB; Tennessee Nana; Grampa Dave; TADSLOS; GOPJ; stephenjohnbanker; ken5050; ...
DID THEY SWINDLE THE US GOVT?

Any immigration bill Obama would sign would make sure we don't find out.

16 posted on 07/21/2013 10:06:52 PM PDT by ding_dong_daddy_from_dumas (Fool me once, shame on you -- twice, shame on me -- 100 times, it's U. S. immigration policy.)
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