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Bank of Illegal Aliens in America
By Michelle Malkin · February 13, 2007 09:21 AM
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Higher standards...except for illegal aliens
Bank of America has introduced a new credit especially and exclusively for law-breaking immigrants. Really. The story is on the front page of the Wall Street Journal today. It's subscription-only. Here are the details:
In the latest sign of the U.S. banking industry's aggressive pursuit of the Hispanic market, Bank of America Corp. has quietly begun offering credit cards to customers without Social Security numbers -- typically illegal immigrants.
In recent years, banks across the country have begun offering checking accounts and, in some cases, mortgages to the nation's fast-growing ranks of undocumented immigrants, most of whom are Hispanic. But these immigrants generally haven't been able to get major credit cards, making it hard for them to develop a credit history and expand their purchasing power.
The new Bank of America program is open to people who lack both a Social Security number and a credit history, as long as they have held a checking account with the bank for three months without an overdraft. Most adults in the U.S. who don't have a Social Security number are undocumented immigrants.
The Charlotte, N.C., banking giant tested the program last year at five branches in Los Angeles, and last week expanded it to 51 branches in Los Angeles County, home to the largest concentration of illegal immigrants in the U.S. The bank hopes to roll out the program nationally later this year.
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...So what is the Bush Department of Homeland Security doing? Using the BoA outrage to argue for its amnesty plan that would reward illegal aliens en masse! They do not get it:
Department of Homeland Security spokesman Russ Knocke said banking products aimed at illegal immigrants "reinforce the need for a temporary worker program" that the Bush administration has been promoting. That program would screen, tax and otherwise regulate immigrant workers and, the administration contends, would squeeze out illegal workers who now use forged or stolen documents to get jobs, driver's licenses and occasionally credit.
Dios mio. Banking products aimed at illegal immigrants do not "reinforce the need for a temporary worker program." They reinforce the need to enforce the borders, strengthen interior enforcement of immigration laws, and punish companies openly flouting the rule of law.
Score another victory for phony baloney homeland security.
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