Remittances sent by Mexicans topped $15.5 billion in the first few months of this year, 20 percent higher than the amount sent during the same period the previous year, according to Mexico's central bank, and this year's annual figure is expected to hit a new record. Savings scraped together by nannies, painters and others working abroad are now Mexico's second-largest source of foreign revenue, after oil exports and ahead of tourism, according to analysts interviewed by the WSJ.
The Federal Reserve Bank, always a friend to foreign interests, is instructing illegal aliens that should they return home on their own or should they be deported, their money is safe whether it was obtained working as a busboy in a restaurant or working as an enforcer in a sex-slave house.
The Fed has already set up a system by which illegals can retrieve their money through easy access at an ATM in Mexico using their debit cards.
And whom do we have to thank for this financial windfall for illegal aliens? The US federal government.
Friday, May 21, 2010
Now students, why do you think Mexico is far tougher on illegal immigration then we are?
Posted by traderrob at 5:55 AM