Fewer Mexican Immigrants Are Sending Money Back Home, Bank Says

NYT ^ | August 9, 2007 | By JULIA PRESTON

[Rick_Michael]

In those states, the percentage of Mexicans sending money home fell to 56 percent from January to June, from 80 percent in 2006...

Bank officials, pointing to a survey of Mexican immigrants in the report, said the decline reflected a rising sense of insecurity and uncertainty about whether they would stay in the United States. Anticipating a possible move back to Mexico, these immigrants appear to be saving more.

“They have decided because of the uncertainty of the future that they need to step back and save a bit,” said Donald F. Terry, general manager of the Multilateral Investment Fund at the bank.......

In the survey, only 49 percent of the Mexicans living in states with relatively recent immigration said they expected to be living in the United States five years from now......

[Rick_Michael]

"The immigrants in the survey included American citizens and legal and illegal residents. They identified discrimination as the biggest problem they faced, with 83 percent saying that discrimination against Latin American immigrants in general was growing in the United States."

Lets be careful not to insult those whom come here legally. I for one favor difference in the immigration system entirely, but I don't want the conservative movement to perceived as racist or racially nationalistic. I'll leave that to stormfront or the race-based caucuses in the democratic party...we're better than that.

We want things to be organized and rational. Hopefully this puts some pressure on Mexico to change it's tune politically.

[Vn_survivor_67-68]

yeh......those adjustable rate mortgages are eating their under the table wages and welfare/SSI up.....Imagine if they had to pay tax, health insurance, etc.....

[Lokibob]

I agree, Hispanic Americans AND legal visa Hispanics should NOT feel anybody is against them.

It is the people who break our laws that need to be deported.

This country needs legal immigration to continue to be the great country it is.

.....Bob

[sarasmom]

Mexico, and every other socialist/dictatorship/communist country in the world wont ever dream of changing any of their policies, unless/until we secure our borders and enforce all the current laws we have against illegal immigration.

Since remittances are listed as the second largest source of Mexico’s “GDP”, I fail to see how racism or nationalism applies to any rational discussion of this “issue” among Republicans in particular, and USA citizens in general.

Africans sold other Africans as slaves to any interested takers for several centuries, and by all reports,still deal in the illegal trade of human slavery.
Africans were not the only slave traders, as the noxious practice has been documented throughout human history, by every race.
Are we not supposed to notice the modern version of slave trading by morally and politically corrupt foreign nations because the new "slaves" are illegal immigrants who have white, red, and brown skins?

[Griddlee]

Mexicans are getting rich buying and selling houses here in CA.

We sold our house in the predominately Latino city of San Fernando 12 years ago to 2 Mexican families for $150,000.

I was shocked to see online that the house is now for sale for $634,000!

[ought-six]

Mexicans control Southern California. And, I’m not talking about Americans of hispanic descent. I’m talking about Mexicans whose allegiance is to Mexico, and, of course, their enablers in the bigoted “bronze” movements of MEChA, La Raza, etc.

[Heartland Mom]

Agreed. Controlled immigration at rates where assimilation can more easily occur is needed. But, we get to be selective and if a potential immigrant can’t support their family without receiving public assistance, then they shouldn’t be allowed in. If they are here legally and legally earn their paycheck, it is theirs to do with as they wish - sending it back to their relatives in another country is their right.

[donna]

Lets be careful not to insult those whom come here legally.

If I ever met one here in Phoenix, I'll be real polite.

[Rick_Michael]

“Mexicans control Southern California. And, I’m not talking about Americans of hispanic descent. I’m talking about Mexicans whose allegiance is to Mexico, and, of course, their enablers in the bigoted “bronze” movements of MEChA, La Raza, etc.”

50% of those here are illegal....so to some big extent, yes. I think they (the illegals) hold alligience to their ‘own’, not necessarily Mexico. It’s represtented as a non-racist perpective ( which is laughable), while they assume the worst of every other American for wanting lawful behaviour/order.

Does America, the land that’s far more diverse than any nation...really have to justify it’s need for immigration laws?

Open border chaos...oh, we want to fix the system...sure.

[Rick_Michael]

“If I ever met one here in Phoenix, I’ll be real polite.”

Is it really getting that bad there? I live in the bay area, and while I know it’s fairly bad, most of the people that are hispanic are American...atleast the ones I know.

[donna]

Pretty bad - bye bye America!

East Valley Tribune
August 8, 2007

Maricopa County [Phoenix] added more Hispanics to its population in one year than any other county in the United States.

And the figures suggest that a large percentage of the new residents are migrants — legal or otherwise.

New figures today from the U.S. Census Bureau show more than 71,000 people who identify themselves as Hispanics were added to the county’s population between July 1, 2005, and a year later. (snip)