Activists to Target Bank of America’s Credit for Illegals March 10th
The title US Multi-national Corporation is in many ways, like the American Left, a contradiction in terms. Once MNC’s found out that it pays to outsource tasks like making sneakers in Kenya, microchips in Taiwan, assembling cars in Mexico and customer service lines to India, all semblance at any sort of loyalty or national pride for the USA went by the boards.
Profit is king, in any denomination, and even if the source is illicit and even if the effect is to heap risk of loss onto lawful American consumers. Remember who paid for the billions of dollars of bad debts generated by massive loans to Brazil way back when? Who paid for it? US taxpayers.
Bailing out the failing Chrysler Corporation? The US Taxpayers.
The S&L Scandal (Keating, Glenn and Webb Hubble et al?)
That’s right—the US Taxpayers.
Now, it takes no special crystal ball to foresee what will happen to the US credit system if a substantial portion of the 12-to-20 million illegal aliens obtain credit cards and then run up huge debts. These are folks who often have no fixed address, are highly mobile, may be operating under assumed names or even names of lawful Americans.
What happens when they just don’t pay their bills? How are you going to collect a debt from someone who just isn’t there anymore—whom you don’t even know who they really are or where they are at?
You don’t.
Whose going to be left to eat the loss? Bank of America?
Ya thinnnnnnk???
No. My Scientific Wild Ass Guess is that vendors will want to take extra steps to protect themselves against losses. They’ll start demanding extra identification or charge higher rates, most likely both.
The ACLU will sue and threaten to sue, pounding the table and screaming that these extra measures to defend themselves against the group most likely to defraud them is racist and bigoted (forgetting all the while the members of this class are by definition HERE ILLEGALLY).
So credit will become tighter and the wheels of commerce slower. But WHO, ultimately, will be handed the bill?
You guessed it, YOU—Mr. and Mrs. American taxpayer.
Check this out.
A Project of the FIRE CoalitionBank of America gives out credit cards to illegal aliens! But wait!
Don’t close your account or cut up your credit cards yet! We have a plan!Participate in OPERATION BANKRUPT
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