Wednesday, November 22, 2006

Federal Reserves Help Illegals

Federal Reserve Bank Assisting Illegal Alien Lawbreakers

While the mainstream news media are hard at work covering the Rep. Mark Foley "Pagegate" scandal or helping the Democrats to achieve their dream of capturing control of the House of Representatives and Senate, the Federal Reserve Bank is working with the Mexican government to make it easier for illegal aliens to export US money to their homeland.
The Fed is currently devising several programs that will extend banking services to illegal aliens, according to The Wall Street Journal. Most of this money transfer scheme is being created under the radar and few, if any, political figures are discussing the subject.
One proposal is for a new remittance program with the ultimate goal of bringing illegal Mexican aliens -- who send money home -- into the mainstream the US financial system, regardless of immigration status. In other words, The Federal Reserve Bank is attempting to aid lawbreakers in moving their cash around in the US and Mexico.
"Directo a Mexico," the name of the program, enables US commercial banks to make money transfers for Mexican workers through the Federal Reserve's own automated clearinghouse, which is linked to Banco de Mexico, the Mexican central bank. Few Americans are aware of the connection between the Fed and foreign banks and this program would be just another that exists in the shadow world of international banking.

No comments:

Post a Comment

Please be civil. Thank you.