Profiting off illegal activity in Santa Ana, California

Posted Wed, Feb 22, 2006 at 4:26 am
Social Compact is a "Washington, D.C.-based nonprofit research group that gets funding from financial and real estate companies." More on them below. They recently released a study on Santa Ana, and found out that the residents have more money than previously thought. In fact, it might even be a massive profit opportunity for those who don't mind profiting off of illegal activity:
It's not surprising that the study would find previously uncounted residents and income, because it was already known that these neighborhoods are home to some number of undocumented immigrants, said Esmael Adibi, an economist at Chapman University in Orange.

"They tried to quantify all of that," Adibi said. "Quantification helps, because any business that wants to start any operation, they usually do market research to have a good profile of who potential customers are going to be. This type of a study gives some numbers and helps these people to better evaluate the market."

The study found that two-thirds of the households in the two neighborhoods have no documented credit histories or banking relationships. It estimated the informal economy at $183 million, or 17 percent of the area's total economy.
All those illegal aliens just came here to work, but they stayed to corrupt our local politicians and business leaders. Maybe someone should whisper the word "RICO" in their ears before they go too far down the road of trying to tap into the "informal" economy.

If a group pimps profiting off illegal activity, should you really be surprised at where they get their money?
Social Compact is funded through fee-for-service income from its market analysis work and through contributions from Social Compact board members and private foundations. State Farm Insurance, the Ford Foundation, the Fannie Mae Foundation, Bank of America, and the John D. and Catherine T. MacArthur Foundation provided funding for the Emerging Neighborhood Markets Initiative pilot work in Chicago, the foundation from which the Drill Down techniques were developed. Government grants from SBA and HUD provide funding for the National Pilot Initiative aimed at strengthening communities anchored by MLK thoroughfares or institutions. Typically our fee-for-service income comes from private sector leaders who wish to better understand the untapped potential in specific inner-city markets and/or from municipal governments and community-based institutions that are looking for ways to articulate their intuitive sense of their neighborhoods' strengths in a business-based manner.
Please contact your representatives and ask them to avoid funding groups that promote illegal immigration and corruption.

Tags: 
bank of america

Comments

petit bourgeois (not verified)

Wed, 02/22/2006 - 19:08

I live here in SA, and it is a "black market" all around. We even have our own Mexican consulate, where they line up for fake IDs every morning. I consider my town and some surrounding areas pretty much a concession to the mexican gobierno by our state and federal government. It's a shame to be invaded and conquered like that.

Pat (not verified)

Wed, 02/22/2006 - 16:38

This group is helping lenders and builders profit off of the illegal cash economy in may cities, pure and simple. Santa Ana is almost 100% Mexican, and most of them are illegal. The city years ago tried to enforce zoning restrictions, as in multiple families in one room, but the Legal Aid folks sued on the basis of discrimination and won. The city gave up.

The Register sugarcoats this separate economy as the "informal" economy--never mentioning that someone has to pay the balance--pandering to non-citizens becuase of profit. Selling ad space in minority publications is very lucrative. http://www.naa.org/artpage.cfm?AID=5918&SID=547

I can't figure out why they pander to CAIR, though. Oh, yeah, fear.

eh (not verified)

Wed, 02/22/2006 - 05:58

This study focuses on Santa Ana, so perhaps that's enough to clue you in to the fact that to a significant degree parts of the third world are now shacked up there (i.e. it doesn't look or feel at all like America anymore). If not, you can read this, which contains this bit of info:

[By the mid-1990s, many families with children attending SAUSD were residents newly legalized in the aftermath of the Immigration Reform and Control Act (IRCA). Under IRCA, some 66,000 former undocumented immigrants applied from the city of Santa Ana to legalize their status. That number represents one of every 46 applicants nationwide in a city inhabited by just 0.001% of the nation's population.]

You'll also learn that Santa Ana is now known, jargon-wise, as an "entry-port".