Looks like Mexicans (both illegal and legal) might be moving their wire transfers to Mexico as the number one source of revenue for the country. I’m still wondering how those pro-illegal alien advocates see these law breakers as a boon for the US economy. Let’s see, US citizens get socked with healthcare via emergency rooms for illegals, get socked for educating their children in Spanish no less, get socked with welfare and other social program benefits and then if this isn’t insult enough; get socked with incarcerating their criminals who commit crimes on US citizens.
From the Inter-American Development Bank’s Multilateral Investment Fund:

Remittances from Texas will soar by 64 percent this year compared to in 2004, surpassing the national increase of 51 percent, the study found.

The Washington, D.C.-based fund estimates that the 12.6 million Latin American immigrants living in the United States will send $45.3 billion home this year.

snip….
“These remittance families are contributing to two countries,” said Donald Terry, manager of the fund, dubbing immigrants “transnational families.”

But other groups view these cash transfers as an example of immigrants living in the U.S. simply to work instead of fully integrating here.

“It represents a one foot in, a one foot out sensibility on the part of immigrants,” said John Keeley, spokesman for the Center for Immigration Studies, a Washington, D.C.-based think tank that supports tougher immigration laws.

Immigrants in Texas to send $5.2 billion home

h/t WND

Here’s a letter to Sen. Paul Sarbanes where a US Citizen is looking for a change in status to “illegal alien” to receive some of the tax bennies, medical care and education breaks which exist or are proposed for illegal aliens.

2 Responses to “Mexico to receive $45.3 Billion from US wires”