Posted on 05/05/2016 8:47:45 AM PDT by RoosterRedux
Introduction: The provision of the Patriot Act, Section 326 - the "know your customer" provision, compelling financial institutions to demand identity documents before opening accounts or conducting financial transactions is a fundamental element of the outline below. That section authorized the executive branch to issue detailed regulations on the subject, found at 31 CFR 130.120-121. It's an easy decision for Mexico: make a one-time payment of $5-10 billion to ensure that $24 billion continues to flow into their country year after year. There are several ways to compel Mexico to pay for the wall including the following:
On day 1 promulgate a "proposed rule" (regulation) amending 31 CFR 130.121 to redefine applicable financial institutions to include money transfer companies like Western Union, and redefine "account" to include wire transfers. Also include in the proposed rule a requirement that no alien may wire money outside of the United States unless the alien first provides a document establishing his lawful presence in the United States.On day 2 Mexico will immediately protest. They receive approximately $24 billion a year in remittances from Mexican nationals working in the United States. The majority of that amount comes from illegal aliens. It serves as de facto welfare for poor families in Mexico. There is no significant social safety net provided by the state in Mexico.
On day 3 tell Mexico that if the Mexican government will contribute the funds needed to the United States to pay for the wall, the Trump Administration will not promulgate the final rule, and the regulation will not go into effect.
(Excerpt) Read more at donaldjtrump.com ...
Ping
bump
The clerks at the service counter at Walmart will have a fun time trying to verify customer citizenship.
Sounds like Jeff Sessions has been busy
My biggest laugh, yesterday, was listening to Trump tell O’Reilly to tell Vicente Fox to get Mexico’s money ready to pay for the wall.
Bwahahahaha.
I would say pay for the wall ourselves and cut off the illegal money flow instead.
bfl
Why waste time. Just put the dang wall up.
10 billion is chump change to the government.
Then get Mexico to repay us for it.
Mexico then institutes a procedure where Mexicans send money to France first for a tiny fee and they then send it on to Mexico which bypasses this whole fee for the wall.
You have to think of everything.
That is probably the way it will happen...Trump isn’t one to just wait around....
The law will probably be set to prevent ILLEGALS from transferring money ANYWHERE outside the US...
(Then the Mexicans will get the “bleeding heart” liberals to do it for them...)
I wonder who it was in Mexico that told Vincente to STFU and apologize? Vincente sure did become and abject apology machine with his tail between his legs.
Yeah, but there is always tomorrow and if Mexico gets cut off overnight there will be a lot of trouble down south. It’s better to get the wall build first before cutting them off. Just increasingly tax the wire transfers over time until it is too expensive.
Great point!
In his pompous way, O'Reilly told Trump that the Presidente de Mejico would be on his program later and was there anything Donald would like Bill to tell him.
Paraphrasing....Trump said to tell him to get Mexico's checkbook out and be ready to pay for the wall.
It was hilarious.
Leni
Unless they move to France first, and that's OK by me :-)
It’s called a Passport, and they’re available at any Post Office.
L
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