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To: staytrue
Ok but would you want to see interest rates go up as a result of inflation which would kill the stock market, kill the housing market and possibly cause another banking crises as a result?

Interest rates are a function of money supply which is controlled by the feds. The recent record low interest rates have nothing to do the illegal immigration. It was a function of the Feds loose money supply to get us out of a recession. The up tick in interest rates for the last 18 months is the result of the Fed tightening the money supply.

109 posted on 12/08/2006 2:38:20 PM PST by cpdiii (Oil Field Trash and proud of it, Geologist, Pilot, Pharmacist, Iconoclast)
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Cost of Illegals to California $10.5 Billion


An analysis of recent census data indicates that the presence of illegal aliens in California is costing the state's taxpayers more than $10.5 billion per year for education, medical care and incarceration.

The report, written by the Federation of American Immigration Reform, or FAIR, states that even if the tax contributions of illegal aliens are subtracted, state government outlays still amount to nearly $9 billion a year.

The $10.5 billion figure translates into a burden to native-born residents of $1,183 per household.


110 posted on 12/08/2006 2:55:47 PM PST by SoCalPol (We Need A Border Fence Now)
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