OINK, OINK, OINK!!!
By Jonathan Stempel
NEW YORK (Reuters) - Bank of America Corp. is defending its decision to offer credit cards to people who don’t have U.S. Social Security numbers, amid criticism that the program effectively endorses illegal immigration.
The bank’s pilot program, revealed last week, focuses on Hispanics in the Los Angeles area.
It has spurred opposition in Congress and from grass-roots groups who say many illegal immigrants could benefit, and that the program might foster identity theft, money laundering and terrorism.
Bank of America Chief Executive Kenneth Lewis defended the program on Thursday in The Wall Street Journal. This came after some groups called for a boycott of the No. 2 U.S. bank by assets. They say their efforts are bearing fruit.
William Gheen, director of the National Illegal Immigration Boycott Coalition, said his group has collected hundreds of e-mails from people vowing to cancel accounts and move mortgages. The group said it has more than 11,000 signatures on its petition calling for a boycott of Bank of America.
“What Bank of America is doing is illegal, or should be,” Gheen said.
For its part, Bank of America has not seen “any unusual business activity” resulting from responses to the pilot program, spokeswoman Alexandra Trower said.
Read the rest, but why bother, Bank of America should thank God that I’m not a media person with lots of influence.
I would call for a massive boycott of these bastards.
If I had Oprah or Rush money I would be tempted to pay folks a small amount of money to change banks because this shit pisses me off so much.
If you bank with these bastards and do nothing you support this crazy shit, period.
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