Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 07/31/2005 10:03:02 AM PDT by WaterDragon
[ Post Reply | Private Reply | View Replies ]


To: WaterDragon

Amen. Any support for illegals should be just as illegal as their presence here. If we had a government that would enforce our laws.... :-(


2 posted on 07/31/2005 10:08:04 AM PDT by EagleUSA
[ Post Reply | Private Reply | To 1 | View Replies ]

To: WaterDragon
"We have no obligation to enforce immigration laws," said James P. Maloney, the bank's chairman of the board. "Our role is to determine if they (the illegals) are creditworthy."

Hey, Maloney, the very fact they are illegal should make you concerned about their creditworthyness. How are you going to collect if they skip back to their homeland? (Note I chose that option over "suppose they get caught and promptly deported" since that is highly unlikely, sadly.)

I wonder if the FDIC has raised their insurance rates given the risky use of their deposits. I thought premiums were supposed to be risk-based now.

3 posted on 07/31/2005 10:14:40 AM PDT by NonValueAdded ("Freedom of speech makes it much easier to spot the idiots." [Jay Lessig, 2/7/2005])
[ Post Reply | Private Reply | To 1 | View Replies ]

To: WaterDragon

If I issue a home loan to a known illegal alien, thereby aiding and abeting their continued illegal presence in this country, doesn't that make me an accessory after the fact?


4 posted on 07/31/2005 10:21:58 AM PDT by FinallyBackInNH
[ Post Reply | Private Reply | To 1 | View Replies ]

To: WaterDragon
This illustrates the sad state of affairs in the financial industry today. Remember when having a credit card was a privilege, not something that's practically rammed down your throat?

Any financial institution that gives a mortgage to an illegal is nothing more than a criminal enabler. It is very troubling that the FDIC isn't jumping all over these banks, etc. If I had an account there I would be moving it someplace else.

I wish Mr. Nelsen well in his attempt to comabt this.

6 posted on 07/31/2005 10:59:10 AM PDT by upchuck ("If our nation be destroyed, it would be from the judiciary." ~ Thomas Jefferson)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: WaterDragon
"The real culprit is the Treasury Department," Nelsen said.

Best bet is always to blame the government for a corporations lack of morality.

"Banking is shaming itself for money,"

This is so laughable I can't even make a serious comment.

I applaud this man for going after the bank rather than resting on his laurels but his comments are rather amusing.

7 posted on 07/31/2005 11:20:04 AM PDT by ozarkgirl
[ Post Reply | Private Reply | To 1 | View Replies ]

To: 1_Inch_Group; 2sheep; 2Trievers; 3AngelaD; 4.1O dana super trac pak; 4Freedom; 4ourprogeny; ...

ping


8 posted on 08/01/2005 9:14:04 AM PDT by gubamyster
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson