Thread: Should illegals benefit from bailout?

Should illegals benefit from bailout?
Chad Groening - OneNewsNow - 10/2/2008 7:55:00 AM

An English language and border-enforcement advocate is concerned that illegal immigrants to the U.S. will receive mortgage bailouts if Congress approves a $700 billion government bailout plan for financial institutions.


According to the director of Latino affairs for the Center for Responsible Lending, 375,000 high-interest loans went to Hispanics in 2005 -- and nearly 73,000 of them are likely to go into foreclosure. Jim Boulet, executive director of English First, is concerned about that.

"Now we don't know among those Latinos who's legal and who's illegal because they won't tell us," he acknowledges, "but there's some percentage there. [So] watch and see if there isn't a nice bailout for illegal aliens...."

In hopes of cutting that off, Boulet has sent out an Action Alert encouraging citizens to contact their members of Congress as soon as possible and to ask them to oppose any mortgage relief for illegal aliens. It would be very simple to do, according to Boulet.

"All you have to do is exempt those loans from the bailout," he explains. "And then illegal aliens will not benefit, nor will the banks that try to profit on them. There is no such provision [in the bailout] at this point."

Boulet says it is simply not right that those who are in the country illegally should be bailed out, and that American citizens should have to pay for it.


http://www.onenewsnow.com/Politics/Defa ... ?id=272366

"Now we don't know among those Latinos who's legal and who's illegal because they won't tell us," he acknowledges, "but there's some percentage there. [So] watch and see if there isn't a nice bailout for illegal aliens...."

No to the Bail Out!

Related Post on the Federal Reserve = Banking Cartel = Partnership with the United States Government : http://www.alipac.us/ftopict-134239.html