Do you support the New Alliance Task Force? Yes
Do you support the Social Security Totalization Ageement with Mexico? No Do you support the Bilateral Strategic Plan agreement? Yes
I also support the Monroe Doctrine. When China becomes Panama's best friend and Iran becomes Venezuela's buddy, we have bigger problems than pipe dreams about a super highway.
Just think of the TTC as the driveway for the invaders. As for it being a pipe dream? Right now it is a 500 MILLION dollar penality if Governer Goodhair and the State of Texas tell Cintra (Bluebonnet Infrastructure Investors... how clever) to take a hike and stop the project. That ain't pipe smoke friend. Why in the world anyone thinks that mexican superhighway cutting Texas in half is going to "just stop" at the Red River is beyond me. TTC is quite real and it will bring uninspected cargo containers to the very center of the United States.
Or perhaps you think that is a good thing?
That's right. It's nothing but another interstate highway in TX and it's a LOCAL problem.
Maybe you need to do some checking to see just WHO the people are who gave away the Panama Canal to allow the Chinese to take it over. You just might discover they're the same people who want to divide the country in half with a superhighway from Mexico into Canada so the Chinese can reach Canada with their goods from their port in Mexico with greater ease. You also might discover with just the tiniest bit of research who the appeasers are who think it's a fine thing for Iran and Hugo to hook up and that we should make nice with both of them so they'll like us better. We wouldn't want to make them mad at us, would we?
Do you support the Partnership for Prosperity agreement (with Mexico)?
Yes
Targeting the Unbanked Latino Immigrant Population
Several other key barriers contribute to the high number of unbanked immigrants, primarily a limited ability to understand and speak English and cultural distrust of financial institutions. These barriers create real challenges. However, in Chicago and other parts of the Midwest, organizations are bringing unbanked Latino immigrants into the financial mainstream with the right mix of innovative products, financial education programs, effective outreach programs, and a strong commitment from banks to serve this market, all of which are being facilitated by the development and activities of a few organizations, including the New Alliance Task Force (NATF).
New Alliance Task Force |
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The NATF was launched in May 2003 by the Consulate General of Mexico in Chicago and the Chicago Office of the FDIC's Community Affairs Program in support of the U.S.-Mexico Partnership for Prosperity. The NATF is a broad-based coalition of 62 members, including the Mexican Consulate, 34 banks, community-based organizations, federal bank regulatory agencies, government agencies, and representatives from the secondary market and private mortgage insurance (PMI) companies. The majority of the participating financial institutions are community banks in Illinois, Indiana and Wisconsin. The coalition's programs and initiatives address the critical need among Mexican immigrants, both established and recently arrived, to successfully develop asset-building strategies to improve their quality of life in the United States. This goal is critical as Latinos continue to have lower homeownership rates and less access to mainstream financial services and credit instruments.
In addition to promoting general educational opportunities for immigrants, NATF members sponsor financial education programs and are developing financial products that include remittance features and mortgage products that help immigrants overcome barriers to homeownership.
The NATF's Financial Education Working Group educates immigrants on the benefits and importance of holding accounts, the credit process, and mainstream banking as an alternative to the "fringe" banking system. Ten thousand immigrants have participated in financial education classes and workshops using the FDIC's Money Smart, a Spanish-language adult financial education curriculum, and similar financial education programs in the Chicago area. A number of delivery channels exist, including financial institutions, churches, housing organizations, job training centers, and community colleges. In addition to these programs, the Mexican Consulate of Chicago, in collaboration with local banks, launched a financial education program in Spanish in January 2004. Several institutions donated simulated ATMs to train immigrants on banking technologies.
The NATF Bank Products and Services Working Group encourages banks and thrifts to develop financial service products with remittance features as a strategy to reach the unbanked immigrant community. In recent years, banks in the Midwest have begun to realize the significant dollar amounts generated by remittance transfers and have taken steps to break down some of the barriers preventing immigrants' access to the banking system. Community banks in Chicago and Milwaukee, for example, have taken the lead in offering international remittance services. Second Federal Savings and First Bank of the Americas were the first community banks in the country to accept the Mexican Matricula Consular card and develop remittance products through dual ATM cards. Soon afterward, Mitchell Bank and North Shore Bank in Milwaukee followed suit. These institutions are aware that many immigrants, regardless of their current immigration status, will eventually settle in this country. This offers an opportunity for banks to cross-sell other products and offer a wider range of financial services.
Fifteen of the 34 NATF banks are now offering products with remittance services that allow immigrants to open bank accounts, avoid high-cost wire services, and incur lower remittance costs for sending money back home. Dual ATM cards or stored-value cards offer the lowest transfer cost: 1.5 percent of the amount sent.29 In the past two years, 50,000 new accounts totaling $100 million (with an average account balance of $2,000) have been opened at NATF banks in the Midwest. Many of these accounts were opened using the banks' remittance services. Other NATF banks, including South Central Bank and Lakeside Bank, are using the Federal Reserve System's recently unveiled FedAutomated Clearing House International Mexico Service as a cost-effective alternative to expensive wire transfers.
Do you support the New Alliance Task Force?
Yes
Do you support the Social Security Totalization Ageement with Mexico?
No
Why not? You support giving other US money to Mexican illegal aliens, why not US Social Security, too?
Do you support the Bilateral Strategic Plan agreement?
Yes
You don't even know what it is or when it was signed.
When China becomes Panama's best friend and Iran becomes Venezuela's buddy, we have bigger problems than pipe dreams about a super highway.
So, you're worried about what might be instead of what actually is happening?