Posted on 04/05/2016 2:33:13 PM PDT by Kaslin
BEGIN TRANSCRIPT
RUSH: Now, usually, ladies and gentlemen, the pattern for Donald Trump during the primary season has been that when he has lost a primary, he immediately changes the narrative the next day, usually by announcing an endorsement. So you got Christie endorsing, which changed the narrative of a Trump loss.
Sometimes the endorsement happens the night of a loss, usually next morning. Same thing happened with Dr. Carson after another Trump loss. Carson comes out and endorses Trump, and that changes the narrative. It's smart. Trump has no new endorsements to announce, so what he has done today is he has revealed his plan explaining how he has going to have Mexico pay for his proposed wall. And the way he's going to do this... It's a Bob Woodward story in the Washington Post.
Trump says he's gonna cut off the so-called remittances, i.e., the wired money transfers that Mexicans send back home every year, every month, whatever. The Mexican illegals working here send a lot of money that they earn back home. It's one of the reasons why the Mexican government is so much in favor of illegal immigration. There's a bunch of reasons why the Mexican government's in favor of illegal immigration to the US. One of those reasons is that much of the money earned by illegals gets sent home to family members back home.
For example, in 2015 you know how much money we're talking about here?
It's $25 billion.
"Nearly $25 billion was sent home by Mexicans living abroad in 2015..." That's not just the US, but the lion's share of it is, "mostly in the form of money transfers," rather than people writing checks. And this data comes from the Central Bank of Mexico, their version of the Federal Reserve. Now, Trump is not planning on using that money for the wall per se. That would be stealing. (ahem) Instead, Trump says that he would withhold those wire transfers until the Mexican government ponies up the five to $10 billion he estimates the wall will cost.
So the objective here is to have a plan that reinvigorates the campaign, that changes the narrative, that takes it back to a center issue of Trump's campaign that has created so much excitement, and then advances it. Because the wall is such an old story, the narrative on the wall has become, "Eh, he's never gonna build a wall! Everybody knows that. That's just Trump talking. That's just Trump lying to his supporters. But he's not gonna build a wall, and Mexico's not gonna pay for the wall!" That has settled in; so Trump has to counter that and has done so in the Washington Post.
Again, he's just going to withhold those wire transfers, keep that money from reaching Mexico until the Mexicans agree to pay for the wall. And it's obviously an attempt to make everybody stop saying that there's not gonna be a wall. Here is the specific plan of how he's going to do it. The odds of this working? It could be done. I tell you what, a lot of Trump supporters are gonna applaud it. They're gonna dig it. They are gonna be supportive of this.
We have all kinds of polling data out there today, including from Quinnipiac, which talks about how the American people think about this campaign and what they want in a leader. And basically it is 53% of you say you want a leader who will do or say anything to save this country and to establish this country's prominence once again around the world.
BREAK TRANSCRIPT
RUSH: Findlay, Ohio. This is Randy. I'm glad you waited, sir. Hello.
CALLER: Hi, Rush. Good to talk to you.
RUSH: Same here, sir.
CALLER: You started out the program today talking about Trump and the money transfers from the United States, and my question was, how is that legal or constitutional?
RUSH: Have you ever heard of the Patriot Act?
CALLER: Yes.
RUSH: Well, the Patriot Act pretty much offers this umbrella of national security, and all Trump would have to do is go to Congress, go to a FISA court, he said he would threaten to change this rule that would make this legal under the Patriot Act anti-terrorism law to cut off a portion of the funds sent to Mexico during these money transfers commonly known as remittances. That's how he would do it.
CALLER: Okay. Well, I send money to Mexico and I'm a citizen. I'm not an illegal alien, I'm an American citizen, and how is that -- I guess what I'm wanting to know is does he or his supporters have any concept of freedom anymore?
RUSH: (laughing)
CALLER: In other words, if --
RUSH: You're asking questions I have to answer here. When I answer the question everybody's gonna get mad at me. The premise here is Trump -- everybody's claiming Trump's lying, he can't make Mexico pay for the wall, Mexico's not gonna pay for the wall, you Trump supporters, you better understand he's lying to you. By the way, this plan has been on Trump's website forever. The Drive-Bys just discovered it, and I know about things on websites that people don't read. My own is a great example. But this is not a new plan. This plan's been up there. It's just Bob Woodward happened to come across it. "Whoa," he said, "what's this?" So he's had it explained to him and the idea is for Mexico to relent and pay for the wall so that the transfers take place.
CALLER: Okay.
RUSH: There you have it. That's the objective. Done deal.
BREAK TRANSCRIPT
RUSH: By the way, Randy, Findlay, Ohio, if you're still out there, the US has stopped remittances before. This is not something that Trump just crazily snatched out of thin air. It happens frequently. As recently as February, US banks stopped servicing the accounts used by money transfer operators in Somalia. The US government has successfully seized money in the accounts of criminals who smuggle illegal immigrants across the border. There's all sorts of things on this score like asset forfeiture.
From our buddies over at National Review: "In the early 2000s, Arizona attorney general Terry Goddard and other state authorities suspected Mexican crime syndicates were moving money through Western Union wire transfers, and sought to seize money in Western Union accounts. The figures were mind-boggling, according to the prosecutors’ testimony: $500 million a year in Western Union payments from Arizona, and $2.5 billion a year in payments for people-smuggling overall." And we have stopped remittances before.
There's another thing you can do. You wouldn't even have to seize the remittances. You could just tax them. You could pull an Obama and you could impose a massively high tax rate. You could do that legally, too. Simply set up a tax rate on wired money transfers out of the country to a specific place, like Mexico. Hey, if you can tell a landlord that he's gotta rent to a criminal -- by the way, you know what that's really all about, folks? It's never just about what it seems. It's not about evening the racial score.
You know what this is really all about? You have a landlord that refuses to rent to a criminal, Obama says, "No, no, no, you have to because our racial justice system's been so unbalanced, you're guilty of racism when you refuse to rent," you know what that's really all about is seizing your property. What do you think the penalty's gonna be to the landlords that fail to follow Obama's dictates and rent rooms to criminals. You don't think they're gonna be able to come in and make the play for your land, for your property, absconding it, claiming that you are misusing it or what have you?
And one thing about authoritarian figures, private this, private that, they don't like anything private. Private property, private guns, no, no, no, no, no, no, no, no, no. The more they can take away from you, including your private this or your free speech or what have you. This is who these people are, folks. Don't blame me. This is who they are.
END TRANSCRIPT
Thats still us paying us.. for mexico to actually pay for it. Money needs to come from mexico.
we'd have to go down there and take it
Drug cartels and terrorists are crossing the border with impunity; Mexico is not cooperating with the US in stopping them. Affect the billions of dollars in remittances and they’ll see the light. They’ll get on board.
I’m not sure if the FISA court is the right one, but similar I suppose.
The real question is when will the ACLU go after the schlub at Western Union for profiling people in sombreros speaking only spanish using a P.O. Box as a US address.
Rush explain it. We do it all the time, most recently Somalia last Feb. Its part of the Patriot Act.
Its all money going in to Mexico via transfer, it doesn’t matter who is sending it, they aren’t going to recieve it.
Personally, I think the money should be invested with the profit going to pay down our national debt.
Here we have it. He intimated about this before but I thought he wanted to take the money out of the mail or something.
Actually, putting a 20% “service fee” on ANY money transfers out of the country would be my preference.
It would cover not just these remittance by individuals, but vendors paying foreign suppliers. This would be an alternative to tariffs on goods from China, Germany, etc. All of those countries tack on a 20% VAT when American made goods are sold in their countries. That is in addition to any actual tariffs they slap on our goods. By adding a 20% service fee onto payments to those foreign suppliers, it would balance the VAT they are slapping on our stuff.
If foreign companies have the money placed into American banks and use that money to buy American goods to be exported back to their home countries, fine. Where there is no trade deficit, there would be no money transferred, but no trade deficit would mean a boost to American businesses and an increase in tax revenues from those businesses and workers.
They get 25Billion in money transfers a year, it is most of their economy. They will cave pretty quickly. And I say invest it and use the profit to pay our other expenses.
Thats good. I’m just used to judges vetoing anything not completely in line with the progressive world view.
Having sent Western Union funds to wayward children, I can tell you that you have to set up an account with that service so you can’t send anonymously. The fees are also really hefty.
OK, I’ve been hearing this bashed all day.. We most certainly have ways to get to this wire transfer money. First, all legal Americans are to pay taxes on monies made any place in the world during their entire life. Then comes the death taxes (granted, different by State/Fed by income etc). But we also have an Ex-patriot tax. It too is complex, but, don’t think you’ll work and save your whole life, then duct out to avoid the death tax. Uncle don’t play dat. In this discussion, we could all consider sending a few bucks out of the US each week and not be bothered. Point is, we can’t do it, but all day they say “How can we track this, or stop this. One article stated the World Bank tracks it! Tax the transfers, save it for the wall, for now. Later?? End of rant!
They get 25Billion in money transfers a year, it is most of their economy. They will cave pretty quickly. And I say invest it and use the profit to pay our other expenses.
++++
The GDP of Mexico in 2016 is about $1.5 Trillion. That’s $1500 Billon. Take out your calculator and divide 25 by 1500 and multiply by 100 to get percent. That turns out to be a little under 1.7%.
“... Most of their economy.”
I don’t think so. And it is naive to think that much of that money wouldn’t eventually make it back to Mexico. This is just not enough leverage to convince Mexico, macho Mexico, to give in to Trump.
Back to the drawing board.
Hmmm. Byron the Aussie. Voting in our elections.
BTW, I spent some time in Australia at the end of a cruise. Great place.
There's 1M US expats living in Mexico. Their families can't send them money?
What’s your point ? Those fees are going to Western Union, not the government. As a way to collect taxes from illegals working here and paying no taxes, and collecting taxes on imported goods that obviously have no embedded US taxes, placing GOVERNMENT fees on transfers would be effective.
Sending money to your kids overseas (or having banks charge the fee when paying foreign vendors where you used your credit card while vacationing overseas) might deserve an exemption. All the data for the transactions is being kept by the financial institutions, so such details can be worked out.
Take it up with Rush.
You have a better plan? Yeah, I didn’t think so.
I don’t have a plan. I expect Trump to ask Congress for $10 billion or so for the wall and he will get it
Thus, a fee for money being sent out would seem to make sense. If the sender was a taxpayer there would be no fee, but otherwise use the fee appropriate to the earning level of the sender. For most poor working illegals that would be the 15% tax bracket, so perhaps 10% as that would take Deductions and Exemption tax reductions into account. For big transfers, indicating high income levels a much higher rate, tax that drug money.
First, there was a "Great Wall of Trump"... now, there's another grandiose Trump idea: "let them eat cake pay for it."
People can transfer the money to almost anywhere in the world, so the only money transfers to Mexico will be from gringos bailing out their friends and relatives tourists (I would expect more incidents of that happening... sooner than later). Mexicans in the U.S. would just set up different, inexpensive alternative channels for sending regular remittances.
Oh, and did The Donald hear about digital currencies that people use to transfer money from countries like China? There already are or will be TrumpCoin, MexicanCoin, FUDJTcoin, at least for a few months until enough people would be sufficiently pissed off for Trump to declare a "great success" and put the kibosh on yet another "brilliant" harebrained Donald "Dwayne Elizondo Mountain Dew Herbert Camacho" Trump idea.
Rolling Stones (of the free concert for "culturally starved" Cubans fame) were right about Trump:
"If you start me up
If you start me up I'll never stop
If you start me up
If you start me up I'll never stop
I've been running hot
You got me ticking gonna blow my top
If you start me up
If you start me up I'll never stop
I'll never stop
You make a grown man cry
Spread out the oil, the gasoline
I walk smooth, ride in a mean, mean machine...
Love the day when we will never stop, never stop
Never stop, never stop
Tough me up
Never stop, never stop, never stop..."
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