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Most of the $33 Billion in Remittances to Mexico Flow Via U.S. Govt. Banking Program
Judicial Watch ^ | 09 April 2019

Posted on 04/10/2019 2:50:40 PM PDT by zeestephen

Though President Trump said he would block money transfers to Mexico to fund a much-needed border wall, Mexicans in the U.S. sent a record $33.48 billion in remittances last year and a big chunk of it flowed through a government program operated by the Federal Reserve....Uncle Sam facilitates the process with a program called "Directo a Mexico" (Direct to Mexico), launched by the Federal Reserve, the government agency that serves as the nation’s central bank, more than a decade ago. President George W. Bush came up with the idea....

(Excerpt) Read more at judicialwatch.org ...


TOPICS: News/Current Events
KEYWORDS: amnesty; h1b; immigration; remittance; remmittance
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1 posted on 04/10/2019 2:50:40 PM PDT by zeestephen
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To: zeestephen

[”Directo a Mexico” (Direct to Mexico), launched by the Federal Reserve, the government agency that serves as the nation’s central bank, more than a decade ago. President George W. Bush came up with the idea....]

Heh. The money quote. Almost, if not, literally.


2 posted on 04/10/2019 2:52:37 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: zeestephen

“Uncle Sam facilitates the process with a program called “Directo a Mexico” (Direct to Mexico), launched by the Federal Reserve, the government agency that serves as the nation’s central bank, more than a decade ago. President George W. Bush came up with the idea following the 2001 U.S.-Mexico Partnership for Prosperity to provide low-cost banking services to illegal immigrants ...”

No wonder everyone in that corrupt family voted against Trump !


3 posted on 04/10/2019 2:54:06 PM PDT by Reverend Wright (TAX the WOKE !)
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To: zeestephen

Shut it down.

Billions of US dollars leave the US every year.

Many more billions are spent on illegal immigrants.


4 posted on 04/10/2019 2:54:40 PM PDT by Responsibility2nd ( Import the third world and you'll become the third world.)
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To: SaveFerris

Bush family...


5 posted on 04/10/2019 2:55:22 PM PDT by EEGator
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To: Responsibility2nd

No, tax it at 38%.


6 posted on 04/10/2019 2:55:56 PM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: zeestephen

Tax the remittances to fund the wall. When the wall is paid for, keep the tax in place and lower the middle class taxes by the same amount.


7 posted on 04/10/2019 2:56:01 PM PDT by SunTzuWu
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To: SaveFerris

Sure sounds like a Bush idea.
Pandering and not telling the American Voter about it.


8 posted on 04/10/2019 2:57:29 PM PDT by Zathras
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To: zeestephen

another giant sucking sound.


9 posted on 04/10/2019 3:00:03 PM PDT by proust (Justice delayed is injustice.)
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To: zeestephen

Doesn’t this just sound like a “W” Bush idea? I’m surprised Jorge didn’t name it in honor of the Mexican maids that reared him.


10 posted on 04/10/2019 3:01:11 PM PDT by txrefugee
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To: TADSLOS; Tennessee Nana; AuntB
As President, George W. Bush came up with the idea to provide low-cost banking services to illegal immigrants ...
“Uncle Sam facilitates the process with “Directo a Mexico” (Direct to Mexico), more than a decade ago,
launched by the Federal Reserve, the govt agency that serves as the nation’s central bank.”

(Sniffle) musta been an act of love (sob).

11 posted on 04/10/2019 3:01:16 PM PDT by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: zeestephen

I was exchanging something at Walmart and there was a Mexican in front of me sending a large amount of money to Mexico.

The thing which surprised me was how smoothly the transaction went. The girl had obviously done it before.


12 posted on 04/10/2019 3:01:37 PM PDT by yarddog
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To: zeestephen

Coming soon: “Payamigo de Mexicanos”


13 posted on 04/10/2019 3:02:50 PM PDT by bigbob (Trust Trump. Trust the Plan.)
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To: zeestephen

http://directoamexico.com/


14 posted on 04/10/2019 3:03:25 PM PDT by Rio
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To: Jewbacca

Best idea ever...pay for the wall in one year that way.


15 posted on 04/10/2019 3:04:24 PM PDT by ProtectOurFreedom
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To: All

FYI:
Main site: http://www.directoamexico.com
Locations: http://170.70.115.68/recursos/%7BC8C74B35-C63B-89DF-742E-8AE8944FD478%7D.pdf


16 posted on 04/10/2019 3:05:04 PM PDT by Drago
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To: Zathras; EEGator; SkyPilot; Roman_War_Criminal; null and void; Travis McGee; Diogenesis
See ya at the bill signing!


17 posted on 04/10/2019 3:05:41 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Jewbacca

Wiring monies to rogue nations is a Federal felony.

Declare Mexico a rogue nation.


18 posted on 04/10/2019 3:07:31 PM PDT by Responsibility2nd ( Import the third world and you'll become the third world.)
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To: zeestephen

Why is Trump the only one not allowed to have a pen and a phone?


19 posted on 04/10/2019 3:08:45 PM PDT by VA40
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To: zeestephen

All taxes originate in HOR. The president does not have that power.


20 posted on 04/10/2019 3:11:24 PM PDT by DownInFlames (Galsd)
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