Friday, July 3, 2009

THAT SUCKING SOUND... American economy sent back to NARCOmex

That Sucking Sound Is Money Leaving the United States
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Recently I wrote a commentary about the movement of cash out of the United States through remittances and other methods by illegal aliens who came here with the single-minded focus of securing illegal employment to send money home to assist their family members. The amounts of money that are consequently drained from our economy are huge and do not include the other costs our nation incurs because of the 20 million illegal aliens who are estimated to be residing and working in our country illegally.



This article, originally published in the Christian Science Monitor, focuses on the impact of the reduction in the value of the dollar on the illegal aliens who are draining billions of dollars out of our nation's economy – but nothing is said about the impact of this loss of money on the economy of the United States and on the ability of the average American to meet his expenses.



So-called "man in the street" interviews of lottery ticket purchasers (that broadcast journalists frequently conduct when lottery jackpots soar into the stratosphere) often include a person with a distinctive foreign accent (not necessary Spanish) and the question is asked, "If you win the $120 million prize what will you do?" In so many of those cases, the answer is quick and to the point, "I am going home to my country!"



In my former INS experience, it was not uncommon for the illegal aliens I arrested to make it clear that they were here for one purpose: to make as much money as possible as quickly as possible and send it all home. I know that many aliens who come here to work want to remain here, yet all too many come to the United States with a "looter" philosophy, giving the lawful immigrants who want to share in the “American Dream” a bad reputation.



Part of the problem is that the relationship that businesses have with the United States is one of greed. These companies couldn't care less about the damage that they do to this country or the average working American. They are happy to exploit the illegal aliens and in so doing, get a lucrative piece of the action. And the bankers and money wire services like Western Union have become the silent partners of the illegal aliens.



Of course, if the American dollar plummets far enough many illegal aliens will probably just head home, leaving this country in financial disarray. But when you read about the amounts of money being sent out of the United States that is lost to our economy, you must realize that the money you are reading about is not being earned by Americans or by lawful immigrants, because they have been displaced by illegal aliens who are willing to work for substandard wages.



Unfortunately, Congress has just passed what has been billed as an "Economic Stimulus Package." This bill will undoubtedly be signed into law by the President and will call for taxpayers to be mailed one-time rebate checks that (it is hoped) will be used to spend on consumer goods that – get this – for the most part are not even produced in the United States. A large part of the problem we are having right now is that Americans are not saving enough money. Our citizens have been cashing in the value of their homes with second mortgages and huge credit card debts and now, the value of most of those houses has fallen into the basement!



There is an utter lack of fiscal responsibility in abundant evidence in Washington and around kitchen tables across the United States and meanwhile, the front runners in the Presidential elections are eager to provide amnesty and thus more incentives for still more illegal aliens to drain still more money out of our economy. They will do this through remittances and other means of sending money back home. They will do this when they show up in the emergency rooms of hospitals across our nation demanding medical treatment without medical insurance. The criminal element of this massive influx of illegal aliens will injure and kill more victims in our country, destroying lives and the lives of family members of the victims of those crimes. Some of the crimes will also result in property losses and in fraud. Identity theft is the fastest growing white collar crime in America today and is often motivated by organized rings that sell these stolen identities to illegal aliens seeking illegal employment.



The Congressional Budget Office has recently done a study that concludes that contrary to the assertions of the open borders / pro-amnesty crowd, illegal aliens represent a net drain on the economy.



Finally, the attacks of September 11, 2001, in addition to the death and destruction they wrought, hammered our economy and the economies of other countries. Trade suffered, travel and tourism suffered – yet the travel and hospitality industries are pushing a program known as "Discover America" wherein they are attempting to have the United States government expand the Visa Waiver Program beyond the current 27 participating countries to as many as 39 countries.



In the end, the United States and its working poor and middle class that is shouldering the greatest burden of the open borders and cash movement mess. Interestingly, with all of the interviews that were conducted in the article linked above, not a single interview was conducted to find out what the impact of the decline of the dollar has had on the average American family.

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