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07-10-2008, 04:40 PM #1
Salvadorans in US sending record money home
Salvadorans in US sending record money home
Thursday July 10, 3:13 pm ET
Salvadorans living in US send record amount of money home
SAN SALVADOR, El Salvador (AP) -- Salvadorans living in the U.S. continue to send a record amount of money home.
The report from El Salvador's Central Reserve Bank comes as remittances to most Latin American countries are tapering off with U.S. economic woes and a crackdown on illegal immigration.
The bank said Thursday that Salvadorans living abroad sent home $1.9 billion in the first six months of this year. That compares to $1.8 billion for the same period the year before, the previous record.
About 10 percent of the 2.5 million Salvadorans in the U.S. were given special status to stay and work after their country suffered a series of earthquakes in 2001.
http://biz.yahoo.com/ap/080710/salvador ... .html?.v=1
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07-10-2008, 04:43 PM #2
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Sending money home so family can travel north in time for the amnesty after the election, thats the buzz in Houston amoung the IA workers.
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07-10-2008, 05:01 PM #3About 10 percent of the 2.5 million Salvadorans in the U.S. were given special status to stay and work after their country suffered a series of earthquakes in 2001.Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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07-10-2008, 05:02 PM #4
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About 10 percent of the 2.5 million Salvadorans in the U.S. were given special status to stay and work after their country suffered a series of earthquakes in 2001.
While the intent is laudable, the result of the use of the program or law is that it is a crutch for those nations and one big potential scam in terms of immigration enforcement here at home. It should be phased out in the near future.
Final point or question: Where do Americans go when we experience devastating natural disasters? .....<blank>Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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07-10-2008, 05:08 PM #5
Sounds like it's time for US to be sending record numbers of Salvadorans home.
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07-10-2008, 05:13 PM #6Originally Posted by PhredE
One has to wonder how much is laundried drug money.
Time to TAX remittances."Distrust and caution are the parents of security."
Benjamin Franklin
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07-10-2008, 09:00 PM #7
Wonder where they are stealing all that money they are sending "home?"
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07-10-2008, 11:05 PM #8
I agree it is time for that program to end......I believe when they do this they should give them a time limit, do they even have to go through customs or immigration or do they just truck it across the border and all is well?
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