CITI forks over $1 million to…La Raza!

Crisis? What crisis? Banking on open borders is alive and well. Just announced today at the shamnesty-promoting National Council of La Raza (The Race) website:
CITI AND THE CITI FOUNDATION AWARD $1,000,000 TO THE NATIONAL COUNCIL OF LA RAZA
Grant Supports Ongoing Capacity Building for Local Affiliates
Washington, DC– Citi and the Citi Foundation presented a $1,000,000 grant to the National Council of La Raza (NCLR) in support of its efforts to build the capacity of its almost 300 affiliates across the country working at the state and local level. These affiliates help advance opportunities for individuals and families through the asset building, housing and community development programs.
“Citi and NCLR continue to be successful partners in transforming the lives of Latino families and communities across the country. Our support of the Raza Development fund in previous years to fund the growth of their community development facility and our current support of their capacity building efforts and pre-development grants to build housing, charter schools and community health centers is at the center of our partnership to build and support healthy communities across the country,” said Salvador Villar, Chairman & CEO, Citibank (Banamex USA). “Our strong partnership with NCLR, the leading Latino civil rights organization in the country, is based on mutual trust and a deep commitment to making communities better.” Through the Citi Foundation’s support, NCLR has assisted over 8,000 low- to moderate-income individuals in the first half of 2008.
“The Citi grant helps NCLR and its affiliates increase the impact of education, health, and housing initiatives throughout the nation. Citi’s investment also allowed NCLR to develop innovative ways to leverage other resources at its disposal to increase the impact of local projects. We firmly believe that by working together with Citi we can improve the quality and quantity of asset-building programs as well as deepen the impact of strategic community development initiatives targeted to the Hispanic community,” said Janet Murguia, President & CEO, NCLR.
The grant will support NCLR initiatives, including:
Expansion of NCLR’s Latino Social Venture Fund which provides pre-development support for affordable housing, community facilities, health care clinics, charter schools, and homeownership counseling.
Provide training courses to more than 130 new homeownership counselors in: HUD certification for housing counseling providers; mortgage default and delinquency counseling; predatory lending; financial counseling; and online client tracking.
###The National Council of La Raza (NCLR) is the largest national Hispanic civil rights and advocacy organization in the U.S., improving opportunities for millions of Latino Americans in 41 states, Wash, DC and Puerto Rico through its network of 300 nonprofit community-based affiliates. To achieve its mission, NCLR provides a Latino perspective in five key areas: assets/investments, civil rights/immigration, education, employment and economic status, and health.
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi’s major brand names include Citibank, CitiFinancial, Primerica, Smith Barney, Banamex and Nikko. Additional information may be found at www.citi.com
Juan Hernandez approves.
***
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Kill the bailout: Illegal immigration and the mortgage mess
Open-borders Wachovia bank posts $8.9 billion loss
15 things you should know about “The Race”
Wachovia: Banking on open borders
Bank of Illegal Aliens in America
Banking on illegal immigration
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I’d be banging my head against the wall - IF I were a Citi stockholder!!!
Glad I’m not!!!
It’s deja vu all over again:
Don’t know what’s worse, corporate pandering or political pandering. I suppose political pandering but only because the dollars promised belong to taxpayers.
Nothing to see here, move along….
How about America First?
What do you expect from Citi/Banamex? is it any wonder they bought out Wachovia? look for CITI to be the next one to flop over and kick it’s legs at the sky, followed by Wells Fargo.
And they wonder why we are shutting down the phone, fax and email systems over this
bailoutrobbery?Guess they don’t need me to continue using my Citibank card? Some things leave you shaking your head. When did we flip over to an alternate universe?
since no documents are required… and though i’m half korean… i think i could learn some pidgeon spanish and get in on this La Raza lush fund! and get a 2nd drivers license in California. that would be legal right?
no documents required right? so its legal if i just tell them anything right?
Those darn right wing corporations keep funding the far left. It’s almost like they’re not really right wing at all, isn’t it?
When communism comes to America it will come from Wall Street.
“said Salvador Villar”. Hmmmm. I wonder why he would dump a bunch of money in on this one?
This is one of the banks that would be bailed out…. sigh…
Why do we have so many poor in this country that we have to create afordable housing?
Because we subsidize poverty day in and day out via countless programs: WIC, Medicaid, free lunch programs, free vaccinations, SCHIP, welfare, food stamps, public housing, and on and on. It’s too damn easy to be poor!
If we threw out compassion as a governing principle(?) and reinstated and reason we wouldn’t be so “kind” the poor and perhaps we’d have less Dem clients…I mean poor.
So, who is the Party that was represented at La Raza?
The Communist Party USA and the 2004 Elections:
Build the Party, Build the Coalitions
So, CITI supports giving away more money to an organization that supports fraud and sub-prime mortgages to illegal hucksters who will just walk away after getting as much cash out of the deal as possible.
Do these posers ever learn their lesson or what?
Hate to tell them, but they only have 199,999,999 million customers as of yesterday.
(Oh feel the burn Citi!!!)
Better be careful who you associate with Citi. Next thing you know, these shakedown artists will be demanding you make subprime mrtgage loans to people who aren’t qualified, have no credit history, no income verification. I hear this is a risky road to travel.
No doubt because this.
There will be a lot of need for this.
The thing that really frosts my mug is that in a couple months, we are going to wind up “bailing out” CITI for this million dollars, and a whole lot more.
If banks have millions to give the the Mexican KKK, why do they need a bailout?
Globalism is all about controlling the money.
Illegal aliens with a bank account with CITI means getting the money. CITI gives a million, and gets what in the long term. A billion? I don’t know, but good press on the TV channels that the illegal alien watches while waiting for the govmet check will add up.
Quick, get those anchor babies signed up too.
Is it any surprise that the La Raza logo is red?
Or that the ACORN logo is on a solid red background?
Talk about Red Flags being raised…
On September 30th, 2008 at 6:22 pm, NJ-Aviator said:
Can you say, ACORN?
I’m running out of finanacial institutions that I want to deal with……….
RabbidSquirrel….lol!!!
Too funny
Does Salvador have a brother name Tony? I’m thinking of a certain Mayor in Los Angeles that had the same last name before he tacked on his ex wife’s name to form Villaragossa.
Damn, now I’ll be searching.
There, I fixed it.
So far just donations from Salvador Villar to Via gra grossa
McAmnesty had better keep his mouth shut, I’m having a difficult time thinking I have to vote for this butt head…as is. He just keeps pushing me to not vote. If not for Gov. Palin not sure I would be.
My House Rep. a dem Peter DeFazio, I’m sorry to say and a few others have come up with an idea to help the banks not wall street and no cost to the tax payers. I know, hard to believe coming from a lib, but every once in awhile he does come up with an idea for America. Rep. DeFazio from Oregon. Basically changing banking rules on mark to market. Heard him being interviewed on local radio by Lars Larson, if any of you are familiar with him, a conservative. Their at odds about this, my dem Rep. voted against the bailout, has an idea to solve i t without taxing America, while Lars a conservative is for the bailout. DeFazio concluded, hey, if it doesn’t work we can always go back to the drawing board. And I say, why not?
I am a 11 year employee of Citi and this pisses me off big time.
But I understand I work for a mostly liberal company.
But also we are always being accused of being racist, so they do this crab to try to prove they are not.
rightisright:
Hey, greetings from OR 5th district (the great State of Portland). I have Hooley as my Rep -excuse me, while I go bang my head against the nearest wall - …ok, I think I’m ok now.
Re: DeFazio, well, he isn’t perfect of course, but he is much more a populist than most of the other OR US Reps. On this issue, he’s pretty close to 100% I’d say.
His grade(s) on immigration (via ABI - Americans for Better Immigration) is a “B” - indicating he’s one of the better D’s in the House on the subject too.
DeFazio ABI Score Link
I wouldn’t feel too bad about him. It could be much worse, believe me….
FWIW, DeFazio is slated to appear in an interview on Lou Dobbs (speaking about the failed bailout) here in the next few minutes as well.
A safer option for your money and where my money is:
https://www.bellco.org/YourMoney.asp
Is there any politician who has the guts to call La Raza what they are? I’d like some investigations about what exactly this money will do. Where are these community centers, health clinics, etc.? I have a feeling it is probably like Obama’s garden project in Chicago.
PhredE, hello neighbor, aren’t we in a Red mess in a Blue state. Sprigfld here, not as bad as Portland or Eugene but then again what isn’t. Stop hitting your head on the wall, you’ll start acting like a democrap.
Tks for the tip, i just missed the program, what did ya think? 1 of the few things I agree with DeFazio on, as far as illegals go, he told me in an email he’d vote for Shuler’s Save Act, but he won’t sign the discharge petition to have a vote on it…scared of Piglosi I guess.
Maybe for the original group, it might just be a matter of a new marketing campaign. I think the term is called Re-Branding.
Ideas:
Ka KaKa
Ka Raza
La Kaza
La Klanteños
The KluDawgs
They will also need a new symbol. The sideways X is too old school but not enough Retro.
And ‘New’ Colors - Red is now the new white.
If by “crab” you mean bending over backwards to do the crab walk and appease race-baiters, you’re right. Isn’t that the same reason Congress backed off from reigning in Fannie and Freddie? Wasn’t it because liberal Democrats cried racism every time someone tried to legislate reforms? In committee meetings they accused would-be reformers of trying to “lynch Raines” and trying to keep minorities from buying homes. And the tactic worked.
Playing the race card got us into this financial mess, but we’re not going to learn anything from it. Businesses and government will continue to pay blackmail every time some “Community Organizer” brings up the race card. So why in the world would they stop bringing it up?
This is not the first time CitiBank has spat in Americans’ faces. Some months ago, it (and Bank of America) was asked to stop issuing credit cards to illegals. It refused.
Some pundit once asked: How much of that $700 billion bailout do you think will go for subprime loans given to illegals (at the insistence of ACORN) who never had to prove an income sufficient to repay that loan?
Will the “unbiased” moderator Gwen Ifill ask that question of Biden or Palin tomorrow night?
In the spirit of fairness doesn’t CITI think its only right to also fork over 1m to Numbers USA?
One down, maybe. Only Wells Fargo, Bank American and JP Morgan to go. Or maybe they have already signed on; it’s hard to imagine BofA far behind.
PS. these are the survivors (aka Paulson’s Favored Banks); everyone else can merge, die, or fade away.
Maybe some of you already know this, but scream therapy doesn’t work in an apartment. Scares neighbors and such.
I’ll give crying a try for a while. :((
Why is this organization allowed to exist??? The KKK is NOT but it’s okay to support a pro hispanic group? If I started a pro white group I would be treated like crap and then sued by the ACLU!!! This country is going to the dogs!!! And most of the mutts are in congress…I’m sick of having to watch every stinking move these clueless,greedy ,corrupt ,treasonous bastards make!
More Wall Street BS. Make bad decisions to find a ay to profit off of damn near anything… consequences be damned.
If the chairman and CEO were named Seamus Hoolihan, and gave $1,000,000 to the Ancient Order of Hibernians, it would be Page 1 Column 1 of the New York Times, and ACLU lawyers would be playing Rock/Paper/Scissors to see who prosecuted the case.
Holy crap batman…. they’re already spending the $700-billion bail-out…
Here ya go…
Put it on my American Ex-Prez card.
As far left wing as Citi is - don’t be the least bit surprised. Citi will support anything that is ultra liberal left. I used to work there - it was a real eye opening experience. They not only screw their employees they will do anything for the left wing.
As a brand new Citi customer, that’s just not what I wanted to read. Then again, Wachovia was cozy with these types, so this must be some sort of reassuring gesture to them that it will be business as usual now that Wachovia is being eaten.
It’s no different than giving a million bucks as a grant to the Ku Klux Klan. Disgusting!
i thought the one good thing about wachovia going down the tubes was taking it’s dealings with la raza with it…..guess not.
i actually had lets say a “spirted debate” on a friday afternoon with my bank tellers and a few customers when i commented on the in house tv commerial feautering the partnership with la raza…one teller at least read the press release and knew what i was talking about.
May Day! May Day! May Day!
Luis Rosero, Citigroup is the contact on the release. His cell number is listed on a second site as a Citi media contact here look at the end of the ‘queens’ paragraph.
My apologies if this is not allowed.
Do tell…
Seriously, you should walk into a Citi branch bank one afternoon, they are hardly more than upscale currency exchanges.
I wonder what Citi’s mortgage default rate was. All I saw were customers taking their entire paychecks in cash.
20-30 million citizens of other countries are in our country illegally, 55% from Mexico, most of the rest from other Central and South American countries. Let’s not ignore the leftward voting trends of these countries. It is notable that they picked May Day, an old communist day of celebration for their marches.
Most polls show at least half of the American citizens of Hispanic descent want the borders and laws enforced. Republicans will not win by alienating their current voters to get 40% of a new small block that will grow very large, very fast if amnesty is granted. That will grow the Democrats vote larger and faster as the influx increases exponentially as the result of another amnesty. It will spell the end of the Republican Party. The people who used to vote Republican will stop voting or form a new party. Conservatives will lose political influence and we will slide inexorably towards socialism (it has already started).
Most of what you hear about this issue is political propaganda that tries to convince you to give up your country without a fight, including on Fox News. The big money players are all on board the cheap labor express, they care not that American citizens do not want another amnesty. We know the last one resulted in 10 times the number of illegal aliens and a general disregard of our laws. The next one will be equally successful.
We are committing national suicide.
and our politicians think we should use taxpayer money to bail these folks out? vote no, vote hell no, vote absolutely no more of this “we can’t do business the way we want to, but we can bribe politicians to either allow us to do things (loan to deadbeats) or bribe them to bail us out when we get caught. unfortunately all politicians will gladly take money to do your bidding if the money is large enough. just ask congressman murtha.
one more company to no longer do business with….geeeze…the list keeps growing by leaps and bounds….
http://www.nclr.org/section/corporate_partners/corporate_partners_program/
ANOTHER good argument for putting your account in a small well-managed local bank. Why give money to Dubai, or China, or Saudi Arabia or whoever owns part of them now?