Posted on 10/19/2006 12:21:32 PM PDT by SwinneySwitch
Now you know why Western Union advertises their money wiring service so heavily on television. Money for your Brother-in-Law to fix his car, indeed.
New euphamism alert: "Latin American expatriates."
I'll bet it funds a population explosion. Maybe people should be checked for hospital bills etc before they can remit.
¡Banco de los Estados Unidos!
"Now you know why Western Union advertises their money wiring service so heavily on television."
The Mexican restaurant by my house has a check-cashing service and Western Union in it. You don't have to be a genius to know why.
Move on, nothing to see here.
Motto of the, I am tired of the illegals subject.
Only they arn't supporting with their taxes tens of thousands of them in their county as here in San Diego
Can we write 'em a check for about $200 billion in exchange for not coming here anymore?
A 10% 'fee' on non-business money sent from the U.S. would certainly help offset the costs of illegal immigration. Hello, Congress??? Anybody home???
Bad things are taxed, right? Like tobacco and booze? Cuz we want LESS of the bad thing?
And our gov't needs revenue, right? For the nice midnight basketball games...?
-->WE SHOULD TAX REMITTANCES TO LATIN AMERICA AT 50%.
It will do far more good than any direct foreign aid ever will, as it ends up in the hands of people who will use it effectively, as opposed to foreign aid that will wind up in the offshore bank accounts of the powerful and the connected. Or funneled into one of the several NGOs that are organizing insurrections among the populace.
Seems to me that it should be taxed at the highest tax rate for individuals 38%. The amount withheld in taxes should give a good start on a state of the art wall.
"Any idea why there would be such a big discrepancy?"
Paying off human smugglers/slavers?
Higher cost of living?
Welfare doesn't pay much?
ping
Thanks to our do-nothing congress & president, pretty much anyone can sneak into the US.
So Mexicans in the US have fewer relatives to send money to.....all their relatives are here already.
Mexicans that go to Canada or Spain have a harder time bringing their relatives into those countries. So they still have lots of people in Mexico to send money to.
The Fed is actually making it easier for them to send money home..
"Federal Reserve Bank Assists Illegal Alien Lawbreakers
October 16, 2006
Vox Populi, Jim Kouri
by Jim Kouri, CPP
While the mainstream news media are hard at work covering the Rep. Mark Foley Pagegate scandal or helping the Democrats to achieve their dream of capturing control of the House of Representatives and Senate, the Federal Reserve Bank is working with the Mexican government to make it easier for illegal aliens to export US money to their homeland.
The Fed is currently devising several programs that will extend banking services to illegal aliens, according to The Wall Street Journal. Most of this money transfer scheme is being created under the radar and few, if any, political figures are discussing the subject.
One proposal is for a new remittance program with the ultimate goal of bringing illegal Mexican aliens who send money home into the mainstream the US financial system, regardless of immigration status. In other words, The Federal Reserve Bank is attempting to aid lawbreakers in moving their cash around in the US and Mexico.
Directo a Mexico, the name of the program, enables US commercial banks to make money transfers for Mexican workers through the Federal Reserves own automated clearinghouse, which is linked to Banco de Mexico, the Mexican central bank. Few Americans are aware of the connection between the Fed and foreign banks and this program would be just another that exists in the shadow world of international banking.
To use the service, a Mexican need only possess a matricula consular, an ID issued by the Mexican consulate in most major US cities to those with proof of Mexican birth or citizenship, or a picture ID card issued by the US or another foreign government. The idea is to make it cheaper and safer for illegal workers to send funds to their relatives in Mexico."
Read the rest here:
http://mensnewsdaily.com/2006/10/16/federal-reserve-bank-assists-illegal-alien-lawbreakers/
My wife is a legal Mexican immigrant and we send money monthly to Mexico to help out her sister who is in a bad way. So I guess we're part of this "problem". But it's our money and this is what we choose to do with it. And that's true of the other people who send money south as well. People helping their families is a problem? Please.
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