Thread: ALIPAC LIVE! on Fox News again today Neil Cavuto Show

ANOTHER FANTASTIC JOB WILLIAM!!!!

W illiam, You really did an excellent job on the Neil Cavuto Show ,and you made so many good points.That was really good how you told the audience that they were not cornered by BOA ,but had other options and gave the list of the other banks that do not support the invasion.He was glad that you were on his show,and I am sure he will have you on again.THANK YOU!!<img src=http://dl6.glitter-graphics.net/pub/11/11796ctka0n58ot.gif width=550 height=150 alt='myspace layouts, myspace codes, glitter graphics' border=0>

W. congrats, very good show, can you tell us, did you get a feel as to where Neil stands on this BOA thing and how he feels about illegal immigration period?

W.

Do you think you are getting through to Cavuto? I've emailed him several times about his constant statement, "I never hear anyone talk about illegals." Telling him he must not have to deal with them and told him he ought to get out and talk to people who are not on Wall Street.

Does he ever comment to you?

jimpasz, Can this be taped and posted in incerments?

Great show!!

Cavuto seems to like our cause as well!

mkfarnam,

I am cooking the download to a DVD should be able to get everything
we want in a ten minute space have to cut comercials out.

I've been told that our opposition came on Cavuto right after my interview last night, does anyone have a transcript or video copy of what was said? I need that fast for analysis.

W

Have yet to find that transcript William, but did find this, thought at the least some might want to read it.

NEIL CAVUTO, HOST: Well, speaking of which, is Bank of America making it easier for Islamic terrorists to operate in the U.S.? My next guest thinks so. He says that the bank’s program is making it possible for illegals to get credit cards, and that could easily allow terrorists to do pretty much the same, accessing our vital banking system.

Republican Congressman Ed Royce is a senior member of the Banking Committee and ranking member of the Terrorism Subcommittee.

So, Congressman, that’s your big fear, right?

REP. ED ROYCE (R-CA), HOUSE SUBCOMMITTEE ON INTERNATIONAL TERRORISM AND NONPROLIFERATION RANKING MEMBER: Well, Neil, this is not only my fear — and, of course, this was a decision made by the Bush administration, with the support of the Democrats, to carve out, by regulation, this rule that would allow ITINs and matricula consulars to be used for identification.

We heard, in a prior Congress, from the FBI, from Steve McGraw, that this would allow, basically, terrorists to come into the United States, establish a false identity, because, with ITIN, there is no process to authenticate your identity, and would allow not only the free flow of money through our financial system, potentially, by terrorists, but also allow terrorists to use these false systems of identification.

So, post-9/11, there is very little excuse for this rule from the Bush administration.

CAVUTO: All right, the bank says that it’s operating within the law. You’re saying that not much has changed since 9/11, where you can do this sort of stuff within the law. So, it’s been five years, and we haven’t been hit again. What do you make of that?

ROYCE: Well, what happened was, the administration promulgated this new — this new rule. I brought up an amendment to stop it in the Financial Services Committee, which was opposed by the Bush administration and the Democrats.

John Culberson and I then went to the floor to try to stop it with another amendment. Again, the Bush administration killed our amendment. So, what I’m sharing with you is, this is a direct result of a decision made by the White House to circumvent the Patriot Act, and basically open up this loophole, in my view.

And I have shared with you the views of at least one FBI agent whose responsibility it was to track the concerns post-9/11 concerning moving money and establishing false identification in the United States. This is, potentially, a huge problem.

CAVUTO: All right. So, let me ask you this, sir.

ROYCE: Right.

CAVUTO: If the bank argues — Bank of America argues that it’s acting within the law. You’re saying, technically, at this point, it is. But, within the existing law, terrorists, potentially, have a way to access our banking system and fund God knows what in the future.

ROYCE: Because of this Treasury regulation, which should be closed down, and, at some point, probably will once...

(CROSSTALK)

CAVUTO: What is some point? What is some point?

(CROSSTALK)

CAVUTO: Because, in light of the Bank of America developments now...

ROYCE: Yes.

CAVUTO: ... is there a move afoot by you or any of your colleagues to do just that?

ROYCE: We are moving on trying to close it down. And it’s very controversial, as you know.

And the reason it is so controversial is because of the document fraud that currently occurs in the United States. The 9/11 Commission said we had to establish the identities of people in the country in order to protect ourselves against another attack.

This basically opens wide open now — the fact that the banks are taking advantage of this new regulation out of Treasury opens wide open the system, so that we no longer know who is in the country, who is moving money, what organizations are moving money. The amount of laundering that could occur under this is another problem.

So, for law enforcement, it’s a problem. And, for those of us that are concerned about security, it’s a major issue.

CAVUTO: So, let me ask you this, and — and put in — in simple terms for my simple brain, Congressman. Banks, in the pursuit of a quick buck, are risking our security?

ROYCE: It’s risking our security, and it’s happening because of the administration and Democrats in Congress, who will not close this loophole.

This loophole — the American public should demand that this loophole be closed.

CAVUTO: So, the freedom — you know, those who argue free information should not be tapped or squelched, that this is, all of a sudden, you’re revealing private information and sharing it with government agencies, you’re saying this has nothing to do with that?

ROYCE: Well, listen, you know, an American citizen has a harder time with his identification opening up a bank account than a system where you’re going to allow one of these taxpayer identification numbers, where it’s established without the person ever showing up to establish that they are who they say they are.

With the degree of fraud, admittedly, that we have in this program, what we’re guaranteed of is that we’re introducing fraud into our financial system. And there is more than one reason to be concerned about that. It’s not just money-laundering. It’s the fact...

CAVUTO: All right.

ROYCE: ... people can use documents off of this to move around the country who shouldn’t be in this country...

CAVUTO: Right.

ROYCE: ... and, frankly, some who are a security risk.

CAVUTO: All right. Congressman, you were on this before anyone else was. We will see what progress you make now.

Congressman Ed Royce, thank you very, very much.