Tancredo Says Bank's Dangerous New Policy Could Facilitate Money for Would-BE Terrorists Your thoughts?

Question

Tancredo Says Bank's Dangerous New Policy Could Facilitate Money for Would-BE Terrorists
(Washington, DC) – U.S. Representative Tom Tancredo (R-CO) today sent a letter to Attorney General Alberto Gonzales and Department of Homeland Security Secretary Michael Chertoff asking them to look into whether Bank of America’s decision to offer credit cards to customers who do not have Social Security numbers creates a dangerous loophole for would-be terrorists seeking to finance their efforts.

“After September 11th, we were told that money was the lifeblood of terrorists, and that we should do everything possible to block their access to financial resources,” said Tancredo. “Today we are hearing a far different message: Bank of America, it’s everywhere Terrorists wants to be.”

A front page story in Tuesday’s, February 13, 2007 Wall Street Journal profiled Bank of America’s ill advised effort. The paper wrote that the program is open to people who lack a Social Security number, while pointing out that the bulk of adults in the U.S. lacking a Social Security number are illegal immigrants.

In the letter, Tancredo also notes that Bank of America may be violating the law by offering these services as federal immigration laws makes it a crime for any person or entity to harbor, transport, conceal, aid or abet illegal aliens.


More at http://tancredo.house.gov/press/PRArticle.aspx?NewsID=1258

Answer 1

Tom Tancredo must be the only honest person running for president. He has the guts to speak out on criminal activities in America. My brother [rest his soul] always hated BoA, every time he wanted to cash a check from a client of that bank, they gave him a hard time. My brother was right, how do we know anything about this bank, maybe they are funding some underground situation and need all the money they can get, legal or not!!! Nothing will be done to stop them though because some politician somewhere has stock in that bank.

Answer 2

From what I have heard about this card from Bank of America they are charging heavy interest rates and a large upfront fee to get the card.
They are trying to take advantage of illegals and I hope it bites them in the butt and they end up losing a bunch of money on it.

And I will surely never do business with BoA

Answer 3

IMHO I hope they lose a ton on this deal.

Funny how there are AMERICANS that need a break....but once again it goes to the illegals.

Answer 4

It could? Sorry to say, it already has.