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  1. #1
    Senior Member cjbl2929's Avatar
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    Reverse Remittances: More Mexicans Sending Money to U.S.

    Reverse Remittances: More Mexicans Sending Money to U.S.

    Frontera NorteSur, News Report, Staff, Posted: Jul 17, 2009

    For decades, money sent home by Mexicans working in the United States has been a key pillar of the Mexican economy. Now, scattered reports are surfacing of Mexicans sending money to support relatives in the United States hard hit by the economic crisis north of the border. Latinos, especially immigrants, are suffering a disproportionate share of the joblessness that is officially rising to engulf close to 10 percent of the overall U.S. population.

    According to Chihuahua state tourism department official Demetrio Sotomayor Cuellar, a 21 percent decrease over last year in the number of “paisanosâ€

  2. #2
    Senior Member cjbl2929's Avatar
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    Reverse Remittances: More Mexicans Sending Money to U.S.

    Reverse Remittances: More Mexicans Sending Money to U.S.

    Frontera NorteSur, News Report, Staff, Posted: Jul 17, 2009

    For decades, money sent home by Mexicans working in the United States has been a key pillar of the Mexican economy. Now, scattered reports are surfacing of Mexicans sending money to support relatives in the United States hard hit by the economic crisis north of the border. Latinos, especially immigrants, are suffering a disproportionate share of the joblessness that is officially rising to engulf close to 10 percent of the overall U.S. population.

    According to Chihuahua state tourism department official Demetrio Sotomayor Cuellar, a 21 percent decrease over last year in the number of “paisanosâ€

  3. #3
    Senior Member cjbl2929's Avatar
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    The central Bank of Mexico recently reported a record drop of 19.9 percent in remittances received in Mexico during the month of May. From January to May, remittances slid 11.2 percent in comparison with the same period last year, according to the International Monetary Fund.

    An analysis by the Spanish-owned bank BBVA Bancomer estimated that migrant dollars arriving to Mexico could go down by as much as $4 billion this year, reducing the country’s annual remittance income from about $25.1 billion in 2008 to slightly more than $21 billion in 2009.

    Remittances should be ZERO! Those jobs belong to Americans!!!!

    4 Billion down and 21 Billion to go!

  4. #4
    Senior Member cjbl2929's Avatar
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    The central Bank of Mexico recently reported a record drop of 19.9 percent in remittances received in Mexico during the month of May. From January to May, remittances slid 11.2 percent in comparison with the same period last year, according to the International Monetary Fund.

    An analysis by the Spanish-owned bank BBVA Bancomer estimated that migrant dollars arriving to Mexico could go down by as much as $4 billion this year, reducing the country’s annual remittance income from about $25.1 billion in 2008 to slightly more than $21 billion in 2009.

    Remittances should be ZERO! Those jobs belong to Americans!!!!

    4 Billion down and 21 Billion to go!

  5. #5
    Senior Member Tbow009's Avatar
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    Good...

    We are getting a lil bit of our money back. Now lets bleed them dry with the false promise of amnesty and then send them home with a lesson learned..

  6. #6
    Senior Member Tbow009's Avatar
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    Good...

    We are getting a lil bit of our money back. Now lets bleed them dry with the false promise of amnesty and then send them home with a lesson learned..

  7. #7
    April
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    Remittances should be ZERO! Those jobs belong to Americans!!!!
    Definitely!!!!Those who are sending money to illegals in the US hope that things turn around in the economy so they can come here and join their relatives in stealing American's jobs!!!!

  8. #8
    April
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    Remittances should be ZERO! Those jobs belong to Americans!!!!
    Definitely!!!!Those who are sending money to illegals in the US hope that things turn around in the economy so they can come here and join their relatives in stealing American's jobs!!!!

  9. #9
    Senior Member miguelina's Avatar
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    Quote Originally Posted by April
    Remittances should be ZERO! Those jobs belong to Americans!!!!
    Definitely!!!!Those who are sending money to illegals in the US hope that things turn around in the economy so they can come here and join their relatives in stealing American's jobs!!!!
    You got it April, otherwise those illegally here would go home, where the cost of living is much, much lower.
    Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
    "

  10. #10
    Senior Member miguelina's Avatar
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    Quote Originally Posted by April
    Remittances should be ZERO! Those jobs belong to Americans!!!!
    Definitely!!!!Those who are sending money to illegals in the US hope that things turn around in the economy so they can come here and join their relatives in stealing American's jobs!!!!
    You got it April, otherwise those illegally here would go home, where the cost of living is much, much lower.
    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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