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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
Remittances / Real broadband - download Remittances / Real broadband Remittances / Real dialup - download Remittances / Real dialup
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: chris1
the 126 Billion they send home If you would bother to read the article, the mexicans are sending 17 billion, not 126 billion home.
To: Texas_Jarhead
I made the mistake of going to the local Wam-Mart last Saturday night.
I sure wished that Wam-Mart would advertise when they are having Juarez night for all the illegals.
I don't mind the Mexican shoppers as that is good for local trade.
What I do mind is whole families blocking isles talking with other families.
Most have nothing in their baskets but are their just to enjoy visiting with others and feeling the cool air conditioning.
At customer service I observed several Mexicans who could not speak or would not speak English. Theses three fellows telegraphed/wire transfered $3,400 dollars to relatives in Mexico.
They were reluctant to speak with me but since I speak a little Spanish was able to make out that seven of them were sharing a low income apartment downtown.
I think that it is OK to take care of loved ones and I would do the same thing if presented with the opportunity to do so.
I wonder how many American born kids would do the same thing if their families were living in poverty.
However, after seeing such an amount go South of the border I can agree with the posters comments about the 126 billion.
Thats money that needs to be spent here in America.
122
posted on
06/06/2005 1:26:37 PM PDT
by
OKIEDOC
(LL THE)
To: hershey
Now that really pisses me off big time.
123
posted on
06/06/2005 1:48:57 PM PDT
by
OKIEDOC
(LL THE)
To: OKIEDOC
the 126 billionIT IS NOT 126 BILLION TO MEXICO. IF YOU CLICK THE ARTICLE, IT SAYS 17 BILLION TO MEXICO.
THE 126 BILLION IS WORLDWIDE AND SPECIFICALLY INCLUDES TRANSFERS OUT OF SOUTH AFRICA AND MALASIA AND ALSO PROBABLY TRANSFERS INTO THE US
To: staytrue
i thought it high because only recently it was 15 billion to mexico.
125
posted on
06/06/2005 2:57:39 PM PDT
by
ken21
(if you didn't see it on tv, then it didn't happen. /s)
To: staytrue; swampfox98
If every American who's just plain tired of our one-party-two-names system actually voted for a third party, that third party would win by the proverbial landslide.
126
posted on
06/06/2005 3:04:42 PM PDT
by
Xenalyte
(End women's suffrage! Hasn't the country suffered enough?)
To: ETERNAL WARMING
oh - now that's just peachy...
127
posted on
06/06/2005 3:06:01 PM PDT
by
Rushgrrl
(~brought to you from the illegal-rich state of California~)
To: sefarkas; hershey; Dane
I frequently post, "should I have been on the other side of the border, I too would run, jump, crawl...."
And having humped roofing tile in the Mojave Desert in 110 degree heat, I sorta admire their "pluck". Still, I believe this nation is mankind's last and best hope, thus it must survive. Poor people vote Demo, thus it's in our interest to keep wages livable.
Now where's that fat gringa?
128
posted on
06/06/2005 3:30:39 PM PDT
by
investigateworld
( God bless Poland for giving the world JP II & a Protestant bump for his Sainthood!)
To: hershey
Kerry was worse.Yeah, but conservatives are faced with the devil on one side and the devil on the other side.
129
posted on
06/06/2005 4:26:32 PM PDT
by
swampfox98
(Michael Reagan: "It's time to stop the flood.")
To: Dane
Um... I said I used to work construction (for 6 years). that is until i finished my degree. now i am a biologist. i also work part time in landscaping. don't you dare question who i am or what i've done. i don't question the validity of your statements. i demand an apology from one so rude!!!!
To: sefarkas
been a long time..but here i am...they live in house with about 10 people in them,,,that is how they can send money back to there home land,when you will work for low wages and you know the trade it will keep wages low in THAT filed of work .BUT also unions drive Up wages that are unreal..they create a FALSE wage scale that non union companies cant compete with..why? MOST are feed by BIG government contracts..and here is one HUGE reason wages will never keep up in the private sector...Progressives have destroyed America..and you still believe there lies and deception..I care about the wage of the employee ..But I cant pay more with high taxation , or the government FORCING me to pay health care now...its give and take ...less government allows more innovation ..more government intrusion destroys INCENTIVE to even want to start a business.. Ive been doing it for 26 years and sick of the paper work..scared that i may miss some kind of new tax..even from cities i don't live in I pay taxes for THAT city...Im forced to go to school for things we used to do in the field..MORE control over business..and FEES ..so when business is FORCED into more fees and taxation it KILLS business..and its killing me ..I pay 1000 or more a month in taxes..I have 1 employee..tell me ...how would you like that bill?? that's JUST federal..I gross about 13000 a month 40 % is materials labor about 2500 to 3000.then equipment rentals , disposal fees , contract labor, fuel which runs 1000 a month.and HOME bills . you see when it LOOK like we make a huge amount of money we actually make less..but a progressive will lie to you to enslave you ..and it is working. i runs from job to job..and cant save a dime ..I cant work fast enough and cant hire more help because i cant get enough work for it...Progressive IDEALS....
131
posted on
03/10/2013 10:16:27 AM PDT
by
whowaaa
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