Thread: Remittances to Mexico from U.S.-based Migrants Increases 5.5

Mexico’s central bank has just released its quarterly report on remittances sent through its banks from migrants workers in the U.S.

The report shows that the money U.S. based Mexican migrants sent to Mexico increased by 5.5% from same time last year to $5 billion. The first quarter of 2010, last year’s figures, shows remittances of $4.8 billion.

In March of 2011 alone Mexican migrants sent $2 billion dollars – this is the sixth month that remittances have increased from prior months.

According to the Mexican central bank ‘nearly all the money comes from the U.S., where nearly 12 million Mexican citizens live.’ These remittances remain Mexico’s second source of foreign income only after its oil exports.

http://www.hispanicallyspeakingnews.com ... bill/7363/

Your stimulus tax dollars at work...

Originally Posted by PaulRevere9

Your stimulus tax dollars at work...

And the Obama administration!

That's another slap in the face,to Americans that are out of work because of these illegals taking their positions in the work force

Originally Posted by PaulRevere9

Your stimulus tax dollars at work...

And I'm still seeing a lot of "questionable" looking landscape and construction workers around here. I doubt that many of them have actually gone back to their home countries, US recession or not.

Do they just disappear somewhere and re-merge when a job turns up? Meanwhile our union construction workers are clamoring for more and more "public works spending." They used to take the residential odd jobs when there was a recession going on. Not now, apparently

In March of 2011 alone Mexican migrants sent $2 billion dollars – this is the sixth month that remittances have increased from prior months.

Thats a LOT of money for American jobs that is being sent out. Still, the govt does nothing. If only those living in tent cities knew what was happening with their "competition" for jobs....