Comments on: Sign Of Uncertain Times: Fewer Mexicans Send Money Home

By: DLS

DLS — Fri, 10 Aug 2007 20:59:25 +0000

> Mexico only holds itself together because of the US

THE USA IS MEXICO’S SAFETY VALVE. What if there were no jobs here for Mexicans to come to take?

Of course, that’s the Mexican government’s ace it can play when dealing with the USA. If there ever were a revolution in Mexico, or the governmen tsimply were to collapse, what levels of Mexican immigration we now see would be dwarfed.

By: DLS

DLS — Fri, 10 Aug 2007 20:46:47 +0000

It’s probably nothing but liberal media and chattering-class hype. We’ve already seen similar, predictable anti-American lunacy from the New York Times (using the word “misery” to describe how “wrong” immigration reform is).

By: Lynx

Lynx — Fri, 10 Aug 2007 12:26:14 +0000

Hmm, has anyone stopped to consider that it’s not healthy for a country for a very major source of money to be the one sent from a DIFFERENT country? It basically means that Mexico only holds itself together because of the US, and it also means that a large quantity of money is being sapped from the US and put into the Mexican market, instead of being reinvested in the US economy.

Now then, if the people sending this money are citizens or legal residents fine, it’s their money and their right, though we should encourage reinvestment in THIS country. However, my guess that the fear (and subsequent saving up) is greatest amongst illegal immigrants. All the more reason to become harsher in enforcing immigration laws while speeding up and simplyfing the legal immigration proccess.

By: LonewackoDotCom

LonewackoDotCom — Fri, 10 Aug 2007 03:09:14 +0000

O. The. Horror. Meanwhile, the FederalReserve is trying to profit from the flow of money sent home, a large part of which is the result of illegal activity. I guess if the flow becomes low enough the Fed will have to find an honest way to earn a living. Hey, wait, aren't they part of the government?

By: Dave Schuler

Dave Schuler — Fri, 10 Aug 2007 01:39:06 +0000

It seems to me there are possibilities other than those listed. For example, Mexicans in the U. S. may be earning less than in previous years. Since many have been employed in the housing sector, the downturn in the sector may be influencing how much money Mexicans in the U. S. send home.