Bank of America Peddles
Credit Cards to Illegals
major bank that funds radical Hispanic activity last month
announced it will launch a national marketing campaign to
help illegal aliens integrate financially into the U.S.
Bank of America Corp., the country's second largest bank
and 12th largest corporation, said in February it will market
credit cards to people without Social Security numbers,
a transparent appeal to the estimated 12 million to 20 million
illegal aliens believed to live and work in the U.S.
In recent years banks throughout the country have cashed-in
on the failure of the federal government to enforce laws
against the employment of illegals, many of whom launder
their illegal paychecks through American banks. In turn,
the banks have offered checking accounts and even mortgages
to illegal aliens as the government ignores the massive
law-breaking.
The new Bank of America credit card will be offered to people
who lack both a credit history and a Social Security number,
as long as they have opened a checking account with the
bank for three months, according to the Wall Street Journal.
Most every adult in the U.S. without a Social Security number
is an illegal alien, and everyone, including Bank of America
and federal law enforcement authorities, know it. The federal
government has issued banking regulations that allow illegals
to open bank accounts without Social Security numbers.
Bank of America is a longtime partner of at least two major
left-wing Hispanic advocacy organizations, and has a history
of providing financial backing to the advocates and defenders
of illegal immigration. The radical left-wing Mexican American
Legal Defense and Education Fund calls the Charlotte, N.C.,
banking giant one of its "silver partners." And
the openly racist National Council of La Raza describes
Bank of America as an "institutional partner"
that has invested in the group's "long term strategic
efforts" through multiple multimillion-dollar contributions.
La Raza's social and political strategy on behalf of what
it calls "the race" includes blanket amnesty for
illegal aliens, affirmative action for Hispanic workers,
foreign language ballots, no enforcement of immigration
laws by state and local police, and a ban on immigration
critics from broadcast media.
Bank of America denies that the new credit cards will help
terrorists as well as job thieves. Company executives say
the new marketing plan complies with all federal laws and
is simply designed to give aliens a chance.
"These people are coming here for quality of life,
and they deserve somebody to give them a chance to achieve
that quality of life," said Brian Tuite, the bank's
director of Latin American credit card operations.
Another executive said he fears the bank won't be able to
make as much money in the future if it doesn't embark on
the marketing scheme to reach Hispanics.
"If we don't disproportionately grow in the Hispanic
[market]... we aren't going to grow" as a bank, said
Liam McGee, Bank of America's customer and small business
banking chief.
The bank said it has not launched an advertising campaign
for the new cards, preferring instead to rely on word-of-mouth
among the close-knit and often secretive underground network
of illegal alien colonies that have sprung up around the
country. The bank will, however, offer advertising materials
printed in Spanish to help the illegals learn about how
to apply for the new credit cards.
Kenneth
D. Lewis, CEO
Bank of America
100 N. Tryon Street
Charlotte, North Carolina 28255