Posted on 11/12/2006 4:52:44 PM PST by Sybeck1
Thank you, gringo Jorge Boosh!
If that were the case, then the entirety of the government of California would be behind bars.
Hmm...not a bad idea now that I think about it.
Banks, including the Federal Reserve that ENCOURAGE illegal immigration by providing accounts and mortgages to illegals because it is 'profitable', are breaking our own Federal Immigration Laws and are subject to RICO prosecution. All it would take is one bank who refuses to follow this trend to file suit against the others. And just like the current RICO suits against employers of illegals, the OBLers are rushing to pass comprehensive reform that will make them legal, and give both the illegals and their employers amnesty to prevent the RICO suits.
"Another plaintiff that may be able to show injury is the competitor of a financial corporation that accepts the matricula consular or other foreign-issued identification card to open a bank account or engage in other financial services activity. By accepting the card in violation of the INA, the bank or other entity gains a competitive advantage similar to the defendant in Commercial Cleaning. The bank, for example, would unlawfully gain additional account holders, strengthening its competitive position by providing it with additional resources to invest in loans. This unlawful activity would injure competitor banks in a similar way that the plaintiff companies were injured in Commercial Cleaning. The law-abiding competitor banks would potentially lose loan customers because the bank acting unlawfully may be able to provide better loan terms or otherwise gain a competitive advantage due to its strengthened financial position.
Again, this would clearly injure the business capabilities of the competitors and give potential plaintiffs a valid claim under RICO against the offending entities. Knowing that they could be held criminally and civilly liable for such a practice, many businesses might reconsider the practice of accepting matricula consular cards in the future"
Some large U.S. financial corporations currently accept the matricula as primary or secondary ID for the purpose of opening bank accounts in the United States for illegal aliens. An illegal alien with a U.S. bank account, in which he or she may deposit illegally acquired funds, and out of which he or she may pay local rent, local utility bills, and send money abroad, is more likely to remain illegally in the United States. In other words, he or she is encouraged to remain illegally in the United States — such encouragement being a violation of Federal law.
When such a violation is done for the purpose of financial gain, as in the case of the financial corporations engaged in the practice, it is more than simply a violation of immigration law — it is racketeering. Also, those contemplating entering the United States illegally will be further encouraged to do so because of the added benefits they can obtain once they enter. Thus, it is reasonable to say that acceptance of the matricula is a violation of the INA and a predicate offense under RICO...............
With this predicate offense established, a bank that competes with the one accepting the card would only have to plead the other elements of a RICO claim — injury and causation — in order to survive a motion to dismiss and bring the case to trial. The plaintiff bank will likely be able to plead these elements. As mentioned in the discussion of the injury element above, the injury to the plaintiff bank would be lost market share and competitive disadvantage, leaving causation as the only remaining obstacle to receiving compensation for damages.
Under the "direct relation" test, the plaintiff will be able to prove causation. First, the plaintiff bank would be the direct victim of the defendant bank’s illegal activity, similar to the direct injury suffered by Commercial Cleaning at the hands of Colin Service Systems. Second, it will not be difficult to ascertain the damages attributable to the unlawful acceptance of the matricula. Regulations issued by the U.S. Treasury Department require banks to record the type of document used by an account applicant. Thus, the defendant would have records indicating how many accounts were issued on the basis of the matricula alone. Calculations, relatively simple for financial professionals, could then be made to determine the level of business the defendant obtained by its unlawful activity and the impact that that unlawfully gained business had on the market. Third, there is no risk of multiple liabilities due to the presence of second-tier plaintiffs. The plaintiff bank, a first-tier plaintiff, will likely be the only plaintiff with standing to sue since it is the only entity injured by the defendant. Though multiple banks may sue the defendant, all of these banks will be first-tier plaintiffs, so this last factor is not of any concern. Thus, banks accepting the matricula face the real possibility of RICO liability."
http://www.cis.org/articles/2003/back1103.html
It must feel great to go beyond the call of duty and risk your life and finally get home and some greedy S.O.B. treats you like dirt while he treats criminals like royalty. I guess when that happened, you really knew you were home again.
>>And it's about doing business with criminals.
Ah well, one man's criminal is another man's ambassador.
http://www.google.com/search?hl=en&lr=&q=Arnall+Ameriquest+Inauguration&btnG=Search
Do I hear one million fity?
Going once. Going twice. Sold! to the gentleman from France.
Please pay the cashier.
Ah well, one man's criminal is another man's ambassador.
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Well put -- that is how the libs and our "elitists" view the illegal Mexicans. Ambassadors of power from their vote. With them, it is not about money, it is about POWER AND CONTROL.
The answer is in. The purchase of homes by illegal aliens IS what is keeping the housing sector propped up, if not booming. If the government deports illegals and builds a fence to keep new ones out, the housing sector will collapse taking the rest of the economy with it. That is WHY the government has done little or nothing to solve this problem. It is also why many groups and the government will not allow muncipalities to make it illegal to hire or rent to illegals. Everything is tied to housing.
Eventually, the economy is going to turn, and there is going to be a LOT of unemployed illegals. The reason they can put $100,000 down is because they don't pay insurance of any kind, if you get hit by an illegal, I guarantee you they will have NO insurance and you will get stuck paying the damage (plus higher rates to cover their bad driving). They also get free health care.
Wish I was in that area because I'd walk in and apply for the same lower rates that are extended to illegals. Then when I was turned down, I'd find the nearest lawyer for discrimination.
A friend of mine moved to CA from OK a few years ago, and I had to help her cash a check because she only had her social security number & car insurance. But if an illegal walks in with a Matricular Consular card and it's no problem!
Uh, Kimberely, could you condense this into Reader's Digest format please?
I worked for almost a year for Provident Bank of Maryland (at several Virginia branches), and we tellers were required to accept the Mexican Matricula Consular as a valid form of ID for check cashing.
Before New Year, I helped out at a Richmond branch, and we had some questionable folks coming in to cash payroll checks. One presented to me his check and a New York Driver's License that did not feel legitimate, so I asked for another form of ID. The man scowled at me and pulled out a Matricula Consular.
The business that my dad used to work for (he was the office manager) hired plenty of illegals. They banked with SunTrust Bank, which was doing brisk business cashing payroll checks.
Believe me, the banks (and now credit unions) do NOT care about your legal status so long as they can make money off you (without the Feds going after them).
Thank goodness I now work for a large military credit union (in their IT department). We don't have that many illegals coming to our branches :P
Maybe they could get a second job in the fields, being a gardner, tending the kids...oh, guess not, 'cuz they speak English. Gringos need not apply. BTW, there is a restaurant that uses the term gringo on their menu,even though it is a impolite term. Can you imagine having a "Wetback Burrito" on the menu? Didn't think so.
Gringa doesn't bother me. "weta"(ms?) does
Well, whatever larger corporation is backing those loans is probably securitizing them and selling them off to investors, so if anyone takes a hit, it will be the investors.
You know the old saying about if it sounds to good. My son graduates next month. They are just going to buy some land a build a house themselves as they go.
Yup...that's why we don't invest in mortgage-backed securities. :P
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