Former Mexican President Vicente Fox says his nation will not pay for Donald Trump’s proposed border wall.
“I declare – I’m not going to pay for that f—ing wall,” he told Fusion’s Jorge Ramos during an interview Thursday. “[Trump] should pay for it. He’s got the money.”
Remittances sent home by Mexicans working outside the country surpassed petroleum revenues in 2015 for the first time. There was a 4.75% increase in money sent from abroad, most of which comes from the U.S., to total US $24.8 billion last year, up from $23.6 billion in 2014, said the Bank of Mexico.
An important factor in the increase in remittances is the jobs created by economic recovery in the U.S. Some 11 million Mexicans are believed to be living in the U.S. and many work in construction. Remittances, 97% of which are sent electronically, averaged $292 last year.
We have reviewed Donald Trump’s border security and immigration proposals. Happily, he, and those who advise him, appear to be right over the target.
Trump’s proposal carries: the border wall solution, the employment solution, the enforcement mechanisms of current law, and another angle that is strategically essential. “WESTERN UNION REMITTANCES” (Money Services Compliance):
“Mexico must pay for the wall and, until they do, the United States will, among other things: impound all remittance payments derived from illegal wages; [page 2, paragraph 7]”
It would be nice to begin seeing us screw outsiders the way our Cuckservative and Liberal leadership has been screwing us over for the benefit of those outsiders for so many years now.
Everything is Yin and Yang. Push far enough one way, and you just increase how far the pendulum will swing back. Add in resource restriction, an increasing Misery Curve, and a skyrocketing Conservative Policy Mood, and it will really swing back.
[…] Vicente Fox Says He Won’t Pay For The Wall […]
Step 1 is impounding the money.
Step 2, when the wall is complete is an excise tax on cash remittances to Mexico. Send $20 of every $100 to the treasury. It’s going to do three things.
1 — it will collect taxes.
2 — the ones who don’t want to pay the tax will have to turn to criminal smugglers, who must promise to do it for less than 20%, resulting in widespread robbery of the cash.
3 — after being burned by the criminals, the only way to get cash back without the tax will be to hump it back yourself… meaning it’s a one-way trip.
I don’t think you’ll get the remittances but you sure cut the foreign aid. You can also cancel all the security anti-drug money we give them and just spend it on security cameras, more border patrol and big wall. If they don’t pay for it it will end up being a disaster for them. The drug gangs will completely take over and all the top politicians will lose their heads. The people at the top in Mexico treat the people there just like they do us here but it’s at a more advanced stage. What’s happening there is very possibly where we’re heading.