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To: hedgetrimmer
"Mr. Bush is also facilitating the outflow of money from our country to Mexico. In my mind, money transfer out of the country should be expensive. We are better off when people here spend the money here, not ship it off shore or out of country."


hedgetrimmer, even if money transfers to Mexico were free, Mexican guest workers would still buy most of their goods and services in the U.S. They would send their savings (not their spending money) back to Mexico, which would allow their wife and family to stay over there and would allow the guest worker to have built a small nest egg back in Mexico for when his contract is up and he has to go back home. I think facilitating money transfers to Mexico is just about the most important thing we could do to ensure that guest workers don't try to sneak their families in here. In fact, I think it would be better if part of their salary, say, their FICA taxes, were sent back to Mexico and they would have an IRA over there instead of qualifying for Social Security in the U.S.
183 posted on 01/08/2004 6:39:52 AM PST by AuH2ORepublican (Extremism in the defense of liberty is no vice, moderation in the pursuit of justice is no virtue.)
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To: AuH2ORepublican
The countries have created "hometown" clubs for the illegals in every major city in America. The hometown clubs make sure that the illegals send money back to be spent on infrastructure in their "hometown". That is, the money goes back to pay for water wells, roads and other infrastructure project.

You think the money should all be sent back, what about the infrastructure here? They use water,roads,hospitals, librarys, government services, yet you think they should not pay for those, instead the American taxpayer must pick up the tab so they can send their money out of country? That makes no sense.

And never in the history of the world has the taxpayer of one country been forced to prop up the GDP of another through such a subtley nefarious way. Its subtle because most people do not know what is happening, and it is nefarious because it makes our Constitution worthless. You see, if you call a spade a spade, and these remittances are foreign aid and nothing else, then the people of America and Congress should decide who should get how much money. With remittances, Congress is effectively neutered. They can't do anything. This also shifts the balance of power to the whitehouse, because Mr. Bush is making policy out of country at the Summit of the Americas, who initiated the policy for remittances in our country. This takes all authority away from Congress and gives it to the president and foreign interests. That doesn't scare you at all?

Also, unless you think its fine for the treasury department to keep printing an endless flow of money, the number of dollars available in the US becomes fewer and fewer, while the number of dollars out of country greater. Now it used to be governments like to controll the amount of dollars floating around in foreign countries, but now they can't because remittances are an unregulated outflow of money. This seems to be fiscally irresponsible of our government to allow this as well.

You think all their money should be sent back, but you don't appear to grasp that the outflow of money has a negative effect on our infrastructure, our governmental structure and our economy.

P.S I don't think Mr. Goldwater would ever have approved the unfettered flow of illegals into our country and the economic and Consitutional harm it is causing.
190 posted on 01/08/2004 9:32:14 AM PST by hedgetrimmer
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