Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Sun 05/29/2005 View Sat 05/28/2005 View Fri 05/27/2005 View Thu 05/26/2005 View Wed 05/25/2005 View Tue 05/24/2005 View Mon 05/23/2005
1
2005-05-29 Home Front: Culture Wars
Bankrolling illegals in Pittsburgh
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by trailing wife 2005-05-29 07:42|| || Front Page|| [2 views since 2007-05-07]  Top

#1 Hmmm, something's not quite right here:

If enough illegals apply, New South plans to create a huge loan loss reserve on its books offer Casa Mia mortgages in Atlanta, Phoenix and Houston "in the near future."

There, that's better...
Posted by Raj 2005-05-29 09:43||   2005-05-29 09:43|| Front Page Top

#2 I wonder what these people will do when all these 'law abiding' people start to default on their loans?

Cry to the FDIC?

By definition these are not 'law abiding' people. If they can't wait and follow the established procedure to immigrate legally what makes you think they will pay off a long term mortgage?
Posted by CrazyFool 2005-05-29 10:03||   2005-05-29 10:03|| Front Page Top

#3 I'd not want to be in on the next audit by FDIC.
Posted by Mrs. Davis 2005-05-29 10:27||   2005-05-29 10:27|| Front Page Top

#4 Remedios Gomez Arnau, consul general of Mexico in Atlanta, is working closely with the massive Alabama-based bank "to ensure the accurate identification of Mexican immigrants."

Said Senor Arnau: "We are excited to see a loan product specifically aimed at helping Mexican immigrants."


Translation: We are providing illegal aliens with legal identification in a direct violation of U.S. Federal Law.

Sorry but these are not immigrants - they have not been granted immigration status and are here in violation of federal law.
Posted by CrazyFool 2005-05-29 10:43||   2005-05-29 10:43|| Front Page Top

#5 Somebody has to cover the losses of such a plan. Illegal aliens often do seasonal work and often from city to city. Defaults are virtually guaranteed. The housing market is hot now, but what about when it's not?

Who is going to pay for the inevitable losses?

Who will it be?

Probably you and me. And then they will just whine that they are entitled to it because they work hard. As if everyone else doesn't.
Posted by 2b 2005-05-29 11:12||   2005-05-29 11:12|| Front Page Top

#6 keep the spotlight on these roaches
Posted by Frank G">Frank G  2005-05-29 11:38||   2005-05-29 11:38|| Front Page Top

#7 Who is going to pay for the inevitable losses?

Who will it be?

Probably you and me. And then they will just whine that they are entitled to it because they work hard. As if everyone else doesn't.


Bill Mexico for it.
Posted by badanov">badanov  2005-05-29 11:54|| http://www.rkka.org]">[http://www.rkka.org]  2005-05-29 11:54|| Front Page Top

#8 I had a thought last nite...rather than calling them "Illegal immigrants" or "Illegal aliens," why don't we just call them what they are: "Mexican citizens"

As in "increased health care benefits for citizens of Mexico", "better housing for citizens of El Salvador" "In state tuition rates for Guatemalan citizens"

Would that change the tenor of the discussion?
Posted by Seafarious">Seafarious  2005-05-29 13:24||   2005-05-29 13:24|| Front Page Top

#9 yes it would. From now on, I intend to do that.

Brilliant! Just like the zipper - and as always in such cases, why didn't someone think of it sooner?
Posted by 2b 2005-05-29 14:04||   2005-05-29 14:04|| Front Page Top

#10 What did I miss? The headline says Pittsburgh but the story talks about an Alabama bank.
Although the story was in a Pittsburgh paper the headline looks wrong.
Posted by Huh? 2005-05-29 14:29||   2005-05-29 14:29|| Front Page Top

#11 Seafurious, The problem is not all of them are mexican and people will claim 'Racism!' (of course they will anyway....).

Also some Mexican citizens are here legally (Permanent Residents, Temporary Visa). My wife is a Philippine citizen (also a Permanent Resident to the U.S.). I dont know if we want to give any cause for the pro-illegal-alien sector to blur the lines by claiming we don't want these services for Permanent Residents or Legal visa holders. Lets be very clear that we are targetting illegal aliens.

I dont care if they are from Mexico, Peru, Canada, China, Pluto, or the ninth plane of hell - if they are not here legally they are illegal aliens - with the stress on ILLEGAL.
Posted by CrazyFool 2005-05-29 16:17||   2005-05-29 16:17|| Front Page Top

#12 cf..I still think sea's point is valid. Your wife is a permanent resident. Others are legal visa holders.

But some are just plain citizens of another country, with no extra titles. Should we provide free tution for citizens of another country? Should we provide free health care for citizens of another country? Sure, they pay taxes here, but if I pay taxes in another country, should that afford me all rights and privileges of citizenship of that country? All points for discussion - but the bottom line is they have no rights and no status as us citizens. They are citizens of another country. Period.
Posted by 2b 2005-05-29 17:21||   2005-05-29 17:21|| Front Page Top

#13 2b, Seafurious does have a point. However, as you know, the oppoisition thrives on blurring the lines between legal immigrant and illegal alien.

Calling them 'Immigrants' is one way, "Undocumented Worker" is another. They will call them anything - including Martian Citizens in order to 'omit' their illegal status.

Claiming that we are trying to deny benefits to people who are 'non-citizens' would be a feather in their hat. Do you think Peter Jennings or Chris Matthews will make the distinction between legal residents and illegal aliens? They will take a story about an illegal alien being denied a mortgage and report it as being denied because they are not american citizens. (Omitting the fact that they are illegal aliens).

I just think we should stay on-target and stress the fact that these people are illegal.
Posted by CrazyFool 2005-05-29 22:16||   2005-05-29 22:16|| Front Page Top

23:49 Jennie Taliaferro
23:47 Rafael
23:35 thibaud (aka lex)
23:29 thibaud (aka lex)
23:27 thibaud (aka lex)
22:37 macofromoc
22:29 Jennie Taliaferro
22:16 CrazyFool
22:14 mhw
22:13 Frank G
22:11 trailing wife
22:03 Frank G
21:56 trailing wife
21:52 Ptah
21:51 trailing wife
21:24 Frank G
21:23 Frank G
21:13 Frank G
21:13 Ptah
21:09 Jackal
20:59 Tony (UK)
20:53 CrazyFool
20:47 Jackal
20:39 Frank G









Paypal:
Google
Search WWW Search rantburg.com