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Immigrants in the US Send Money Home in Record Numbers( $126 billion)
VOA ^ | 03 June 2005 | Zulima Palacio

Posted on 06/04/2005 6:16:51 AM PDT by ETERNAL WARMING

Immigrants in the US Send Money Home in Record Numbers By Zulima Palacio Washington, DC 03 June 2005

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Until a few years ago, the money that immigrants sent back home every month was only their business. But remittances around the world now total more than $126 billion, according to the World Bank. So it's become an issue for economists, governments and politicians.

(Excerpt) Read more at voanews.com ...


TOPICS: Business/Economy; Front Page News
KEYWORDS: aliens; immigrantlist; immigrants; latinamerica; remittances
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To: staytrue
So we have less capital?

Household net worth is at an all time high. Unemployment is very low.

What would you do to prevent foreigners from buying stock or debt in America and why would that make things better instead of worse?

101 posted on 06/05/2005 3:28:44 PM PDT by Toddsterpatriot (If you agree with Karl Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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To: ken21
the policies of the u.s. government are much different than the personal views expressed here.

And that is a shame. The views expressed here, if acted upon by a sane government, would help save the US from sliding into anarchy. However, we know that we are living in times where the insane politicians rule in government.

We vote for people we think are conservative, and they are worse than the worse liberals. There is no way out of this horror, as the Republican party has gone to join the enemies of America.

102 posted on 06/06/2005 7:12:26 AM PDT by swampfox98 (Michael Reagan: "It's time to stop the flood.")
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To: swampfox98
save the US from sliding into anarchy

According to the article, the mexicans send 17 billion a year to mexico, NOT 126 billion. How is 17 billion a year causing the US to slide into anarchy ?

103 posted on 06/06/2005 12:05:16 PM PDT by staytrue
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To: ETERNAL WARMING

Banks are getting fat and happy with the fees, though. We all love banks, right?


104 posted on 06/06/2005 12:11:41 PM PDT by hershey
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To: Dane

My college-educated daughter lost her job a few years back and it was more than a year before she got another. Everywhere she applied, temp agencies, etc, she was told in Spanish accented voices over the phone, that she was overqualified, wouldn't be happy working there, etc.. This was widespread, you couldn't miss what was going on...MetroWest MA. Then she'd see busloads of Brazilians being brought to this or that business where she'd been turned away. Clearly, they preferred paying probable illegal immigrants with phony papers the minimum wage.


105 posted on 06/06/2005 12:18:29 PM PDT by hershey
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To: Dane
"Actually $24 an hour construction jobs are out there begging and being filled by a hard working hispanic workforce."

Yep - I agree with ya Dane. $24 an hour construction jobs are out there and that $24 an hour will get you a four man "hard working hispanic workforce".

106 posted on 06/06/2005 12:19:58 PM PDT by azhenfud ("He who is always looking up seldom finds others' lost change...")
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To: silentknight

They're talking about illegal immigrants.


107 posted on 06/06/2005 12:21:08 PM PDT by hershey
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To: swampfox98

[[Our President doesn't want illegals deterred from coming to America. By the time Bush is out of office, this country will be lost forever for true American citizens.]]

I believe that there will be a war against illegal aliens before Bush leaves office. Bush is not leaving American citizens any other choice but to take care of this criminal illeagl alien problem themselves. You are right though, I would not vote for him again, if I had to to do over.


108 posted on 06/06/2005 12:23:17 PM PDT by JarheadFromFlorida
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To: Recall

Bush/the feds gave border hospitals $1.3 plus billion to treat illegals and stay open. Before long, the same handout and more will head to border states with mushrooming illegal immigrant student populations and not enough state tax money to pay the tab. Schools and teachers are overwhelmed with numbers of non-English speaking kids. No English at home, no clue as to American laws, culture, etc.. The teachers are expected to turn this around, and it's well nigh impossible.


109 posted on 06/06/2005 12:27:32 PM PDT by hershey
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To: sefarkas

Well, one way illegals can afford to live here is having a dozen or more in one apt.


110 posted on 06/06/2005 12:28:58 PM PDT by hershey
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To: investigateworld

Thank you.


111 posted on 06/06/2005 12:29:27 PM PDT by hershey
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To: hershey

When you consider how much these illegals cost for incarceration, cost for education, for medication, and now the 126 Billion they send home, why even call ourselve sthe USA anymore.

To GWB I say - the 19 9/11 hijackers had 64 drivers licenses between them. How do you explain that?


112 posted on 06/06/2005 12:30:24 PM PDT by chris1 ("Make the other guy die for his country" - George S. Patton Jr.)
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To: staytrue
Oh come on let's not play this game. You know as well as I that Bush doesn't care if criminals and gang members come into America by the millions. (He has proved that he doesn't.) Thanks to him there are 15 million illegals here now, and in the next three years of Bush's rule 15 million more illegals will come in. Among them will be communists, criminals, terrorists and anarchists. Bush won't stop until he has emptied Mexico and Central America and brought them all here.

Because of this, American citizens will eventually have to go to war to protect themselves and what little government we have left. Along with facing outright war, Bush demands that the American taxpayers pay for each and every illegal's health care, housing, schools and whatever else they want, which will bankrupt America and plunge us into a third world hell.

If you can't see that either you are an open borders sympathizer, or a Republican who loves the party more than his country.

113 posted on 06/06/2005 12:30:27 PM PDT by swampfox98 (Michael Reagan: "It's time to stop the flood.")
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To: Dane
"At least those people sending that money back for the most part are doing jobs that benefits the American economy(i.e building building, making beds, picking food, etc.etc)"

Right out of the "Defending Illegal Invaders" play-book Dane. How are things at the Mexican Consulate these days?
114 posted on 06/06/2005 12:30:56 PM PDT by dljordan
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To: monkeywrench

There's also the multiple social security numbers scheme. They'd get a couple of fake numbers, wangle disability or SSI, and then rent several Post office boxes in different towns. On pay day, go around and clean out the boxes. This may be harder to do these days, but it's been quite popular.


115 posted on 06/06/2005 12:32:40 PM PDT by hershey
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To: mississippi red-neck

Thank you, for that post. Great explanation of the money scam going on. The argument isn't about immigration, per se. (Even the amt of remittance money is almost a sidebar.) It's illegals, vast numbers of them who come in and scam the system. A few thousand, even a few hundred thousand wouldn't make much difference. Get to twenty million and counting and we lose this country. No way such a huge number can assimilate all at once, so the pointy head libs say, don't bother, we'll accommodate you and supply welfare, medical, dental, education. Goodbye English, American culture, mores, customs, laws, sovereignty, the glue that holds us together and defines us.


116 posted on 06/06/2005 1:05:37 PM PDT by hershey
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To: staytrue

Mexican banks charge a hefty tax on the remittances at their end, by the way.


117 posted on 06/06/2005 1:07:44 PM PDT by hershey
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To: swampfox98

Kerry was worse.


118 posted on 06/06/2005 1:09:16 PM PDT by hershey
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To: duckbutt

I heard Mexican remittance money amounts to more now than drug money.


119 posted on 06/06/2005 1:12:14 PM PDT by hershey
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To: chris1

A lopsided percentage of California's prison population are illegals, mostly Mexican.


120 posted on 06/06/2005 1:17:23 PM PDT by hershey
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