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Bank of Mexico Reports Remittances Sent Home by Mexicans Living Abroad Rise to $20B in 2005
AP ^ | Jan 31, 2006 | AP

Posted on 02/01/2006 7:26:41 AM PST by Tyche

MEXICO CITY (AP) - Remittances sent home by Mexicans living abroad rose to US$20 billion (euro16.5 billion) in 2005, a 17 percent increase over the year before, the Bank of Mexico reported Tuesday.

Remittances climbed by more than US$5.3 billion (euro4.4 billion) in the fourth quarter of 2005 alone, the bank said. They totaled US$16.6 billion (euro13.7 billion) in 2004.

Remittances have been climbing steadily for years, surpassing the amount the country receives from tourism, which totaled US$10.7 billion (euro8.8 billion) in 2005.


TOPICS: Business/Economy; Mexico; Miscellaneous; Unclassified
KEYWORDS: aliens; illegalimmigration; immigrantlist; mexico; remittance; remittances; twentybilliondollars
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To: cryptical

"Allow" what? As for "who pays for porn", I guess the answer would be citizens, legal, and illegal immigrants - or do you mean to say that "porn is free"? So are drugs if you can grow / manufacture them - the cost to society from pornography is at least as great as illegal immigration - why no Minutemen organizations staked out across the San Fernando Valley looking out for that?


41 posted on 02/01/2006 2:10:40 PM PST by clawrence3
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To: clawrence3
Why is THAT not a priority?

Because THAT is not the topic of discussion on this thread. I don't post on drug threads, I don't know enough about that problem yet to post intelligently, and I won't go posting from ignorance. I have a bit more pride than that.

Please, try to stay focused...'kay?

42 posted on 02/01/2006 2:27:09 PM PST by HiJinx (~ Seal the Border ~ Fine the Employers ~ Deport the Illegals ~ Problem Solved ~)
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To: clawrence3

Wouldn't a wall stem some of those drugs from entering our country....escorted by men wearing Mexican Army uniforms? We're being invaded, if those were indeed Mexican soldiers, and all we hear are crickets.

I've got a couple of more: auto insurance to cover unlicensed/insured drivers. Getting more expensive every year. Costs to incarcerate lawbreakers who are not citizens. We have enough American criminals to feed.


43 posted on 02/01/2006 2:34:36 PM PST by TheSpottedOwl ("The Less You Have...The More They'll Take"- bf)
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To: clawrence3

What's up with the porn thing, anyway? It's already taxed. I'm not a fan of pornography, I just don't see what it has to do with the huge amounts of money crossing the border to other countries.


44 posted on 02/01/2006 2:37:33 PM PST by TheSpottedOwl ("The Less You Have...The More They'll Take"- bf)
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To: HiJinx

Well, it should be more of a priority than illegal immigration.


45 posted on 02/01/2006 2:44:40 PM PST by clawrence3
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To: TheSpottedOwl

If I had to choose between that wall and the Statue of Liberty, I choose Lady Liberty.


46 posted on 02/01/2006 2:45:52 PM PST by clawrence3
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To: TheSpottedOwl

$20 billion in porn generates a couple million in taxes every year - yippeee - you don't think that $20 billion in illegal immigration was taxed at all?


47 posted on 02/01/2006 2:47:20 PM PST by clawrence3
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To: clawrence3

Make it so.


48 posted on 02/01/2006 2:51:21 PM PST by HiJinx (~ Seal the Border ~ Fine the Employers ~ Deport the Illegals ~ Problem Solved ~)
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To: HiJinx

I am - everyone posting here about illegal immigration should instead get educated about more important issues and work to solve thos problems:

http://www.family.org/married/topics/a0025117.cfm


49 posted on 02/01/2006 2:53:40 PM PST by clawrence3
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To: clawrence3

I would prefer to choose Lady Liberty as well. Unfortunately, President Fox has chosen to push his own people out of their own country, rather than improve life and economic opportunities for them. Now we have the problem of suspected terrorists sneaking in. That is a life threatening problem. They ain't hanging at Home Depot looking for work that my son could do.


50 posted on 02/01/2006 3:05:32 PM PST by TheSpottedOwl ("The Less You Have...The More They'll Take"- bf)
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To: clawrence3

Illegals pay taxes when they purchase food and clothes. That's about it. Some do have SSI, etc witheld from their checks, but not many.

The porn industry creates its own problems, and we are talking about remittances sent to Mexico and other points south.


51 posted on 02/01/2006 3:10:06 PM PST by TheSpottedOwl ("The Less You Have...The More They'll Take"- bf)
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To: wouldilie
And what percentage is that of Mexico's GNP? I'm sure this accounts for a very significant part of their entire economy.

This is probably the main reason that the Federal Government doesn't crack down too hard on the illegal immigration problem. If you could snap your fingers and seal the border this minute, the Mexican government would collapse. Then the U.S. would have to contend with the entire population of Mexico coming North, rather than just the ones looking for work. That would be a major crisis. I'm not sure how we would handle that.

52 posted on 02/01/2006 3:16:24 PM PST by SunTzuWu
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To: Rebelbase

Yes, right on, and on the PI level, do folks realize how many investigations we run on illegals using SSNs illegally acquired so that they can reap welfare benefits and be on payrolls? We have found up to four folks on one SSN. Yes, they were prosecuted and sent packing--for all that's worth. We have found that Contractors ARE pretty cautious who they hire, they can't help the SSN fraud and so far, 100% of those workers discovered either with fake SSNs or working while on Worker's comp were fired on the spot--good on them!

BTW, in San Antonio, there was a little group of Drs./Attys that had a thriving business on instructing how to circumvent being discovered (using SSNs and how to watch for PIs) doing this sort of thing under the guise of "Healthcare/Citizenship assistance" (Medicare/Medicaid fraud doncha know). "Oh no, we only offer advice on how to correct your illegal status", yeah, right.


53 posted on 02/01/2006 3:23:25 PM PST by brushcop (Mission Accomplished B-Co, 2/69 3d ID! God bless you and WELCOME HOME!)
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To: clawrence3; All; gubamyster; janetgreen; HiJinx

clawrence said: "The illicit drug trade is estimated to be worth $50 billion in the U.S. ($400 billion worldwide), up from $1 billion 25 years ago. Why is THAT not a priority?



It IS a priority for most of us. Not Wash. DC. They sit by as tons of it flows over the border. They issue visas to aliens who grow it in our National forests and brew meth in every city. When illegal immigration and current "guest workers" are controlled, you will start to win the war on drugs.

Take this current poll!

Do you believe the president's continued confusion of “illegal immigration” with “immigration,” and “illegal alien” with “willing worker,” means there is no hope for meaningful border security or immigration reform?

http://www.cnn.com/CNN/Programs/lou.dobbs.tonight/


Yes 94%
No 6%


54 posted on 02/01/2006 3:24:51 PM PST by WatchingInAmazement ("Nothing is more expensive than cheap labor," prof. Vernon Briggs, labor economist Cornell Un.)
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To: clawrence3

Good news the material needed to build the wall wont need to be taken from the Statue of Liberty. So we can have both. Mexicans being able to come at will in defiance of our immigration laws and sovereignty has nothing to do with Lady Liberty.


55 posted on 02/01/2006 3:59:53 PM PST by mthom
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To: TheSpottedOwl
That is a dilemma, I understand - I still choose Lady Liberty.
56 posted on 02/01/2006 4:18:54 PM PST by clawrence3
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To: TheSpottedOwl
The only reason I'm bringing that up is because the same $20 billion stuck in my mind from before and IMO pornography is a much bigger problem than illegal immigration.
57 posted on 02/01/2006 4:21:59 PM PST by clawrence3
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To: SunTzuWu

I'm sure that's part of the thinking too.


58 posted on 02/01/2006 4:22:36 PM PST by clawrence3
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To: WatchingInAmazement

I want terrorists and drug runners stopped, but not the vast majority of people who are simply trying to make better lives for themselves - don't throw the baby out with the bathwater - I'm sure there is some way to stop them short of completely sealing off the borders.


59 posted on 02/01/2006 4:24:45 PM PST by clawrence3
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To: mthom

I never said the material needed to build the wall would be taken from the Statue of Liberty, so that's a strawman argument.

Here is why why can't have both though:

America is the beacon of hope, a shining city on the hill, with Lady Liberty the most tangible symbol of the freedom our way of life means to not just our own citizens but the entire world - that's why we welcome the poor, the tired, the yearning masses - ask yourself why Israel is not such a beacon (out of her own survival, I understand), and regardless of your rants about illegal immigration, that is simply not the country America is destined to become. Not while I'm alive.


60 posted on 02/01/2006 4:29:38 PM PST by clawrence3
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