community reinvestment act
community reinvestment act: Page 1
Discussed in (click each link for the full post):
California governor Arnold Schwarzenegger has launched a program called "Bank on California" that seeks to give bank accounts to 100,000 of the "unbanked": those who currently don't have either a checking or savings account. However - right on their front page (bankoncalifornia.ca.gov) - the program states that it accepts as ID the Mexican government's Matricula Consular card, a form of identification that's basically only of use to illegal aliens. In brief, Arnold Schwarzenegger and the state of California are actively helping banks profit from money that was earned illegally.