DRAINING AMERICA INTO POVERTY

 

 

 

By Frosty Wooldridge
January 20, 2005
NewsWithViews.com

You�ve all read about Mexico receiving $15 billion annually in wire transfers from illegal aliens working in America. It�s the second highest income for President Fox and his cronies. You�ve read about the $25 billion in wire transfers funneling into South America. To add insult to injury, another $16 billion vanishes into Asia.

In the meantime, you�re forced to educate illegal aliens� children numbering 1.1 million at a cost averaging $7,000.00 per child per year for 18 years. Do the math�it�ll make you sick. You�re also forced to give illegals free health care, food stamps, housing assistance and other welfare benefits�all to the detriment of your own family and standard of living.

Every day, America grows poorer because our senators and congressmen, and corporations--aid, abet and encourage illegal alien migration into our country. When those illegals send back our money to their countries of origin, those corporations make a killing not only from the cheap labor, but from the wire transfers. The latest ploy for banks is lending mortgage money to illegal aliens so they can move into our neighborhoods.

But the real killer arrived in the news this month with a report that the underground of illegal aliens, numbering over 15 to 20 million, cost the IRS $311 to $400 billion annually. Additionally, a recent report by Visa stated wire transfers to Mexico last year reached $40 billion. Who do you think makes up for all that money? You do! In any event, this country suffers unthinkable financial hemorrhaging via our corporations such as Western Union, First Data Corporation and others who eagerly become the transfer panderers for all those money transfers.

As America plunged to an all time $7.4 trillion debt and the dollar is about to be replaced by the Euro as the world�s currency standard, how can this illegal alien factor of the "jobs Americans won�t do" be ignored as a monumental aspect in the return to fiscal responsibility?

Robert Justich, a senior managing director at Bear Stearns Asset Management in New York is quoted in a Barron's January report, "The report also points out the cost of the underground economy of illegal aliens working in the U.S. is costing the federal government hundreds of billions of dollars in unpaid income taxes and could lead to a higher impact on taxpayers if President Bush's amnesty proposal is passed into law."

Jim McTauge in the Barron's piece wrote, "The underground economy is undermining the effectiveness of the Internal Revenue Service, which is highly dependent on employees' withholding taxes. If the IRS could collect all the taxes it says that it is owed from the underground economy in a given year, then the current budget deficit would disappear overnight. And if the IRS could collect these taxes every year, then the nation would have surpluses as far as the eye can see. The IRS has estimated that its tax gap � the estimated amount of taxes owed minus the amount collected � is around $311 billion in any given year. The agency will produce a new estimate in 2005, and it could be as high as $400 billion, says former IRS Commissioner Donald Alexander."

Barron�s noted, "The sheer growth of the underground economy in the U.S. is cause for concern. If Justich's estimate of illegal immigrant workers is correct, the underground economy may now be growing at a markedly faster rate than the legitimate economy. Justich, working with Bear Stearns colleague Betty Ng, an emerging-markets economist, says he's found evidence of a larger illegal immigrant population by analyzing data on construction and on remittances sent from the U.S. to Mexico and other countries. He also had conversations with over 100 immigrants from Mexico, Brazil, the Dominican Republic, Guinea, China and Tibet. And he interviewed local business owners, real-estate sales people and police." Each of us must understand this is an aspect of Third World Momentum growing like a cancer in our country. It sidesteps the rule of law. It undermines our functioning society. It�s THE reason Third World societies fail. It�s the reason our society will fail if we don�t stop the illegal alien invasion. We import millions of people who will not and do not invest in citizenship in our country�but in fact, manifest THE reason for our destruction in the arenas of language, health, education, crime, diseases, hospitals, balkanization and national cohesion.

"President Bush proposes temporary amnesty for illegal aliens already in the country, allowing them to obtain permits to work legally for three years and stay longer if their jobs otherwise can't be filled by native-born workers," writes McTauge. "But if there are, in fact, 20 million illegal aliens, the Bush proposal could engender a situation not unlike the German unification of the 1990s, which triggered huge demand for social services in East Germany. Unanticipated costs here could be enormous."

The relative ease with the reunification of Germany stems from the fact that they were all Germans and compatible with respect for their country.

The problem with Mexico, Central and South America stems from the fact that they don�t like our culture, our language or our laws. They do not respect us as they invade us. What happens when the thousands of bumper stickers in Los Angeles that read, "F**K YOU! THIS IS MEXICO" show up all over the country?

What does Mexican-American author Lillian Gonzalez say about illegal aliens? She has lived in Mexico and America for a first hand look: Few Mexicans come to this country in hopes of adopting a new and better culture.

Mexicans believe their beliefs are superior to American beliefs. Mexicans make fun of Americans� love of pets and view it as a flawed value system.

I believe that by allowing the mass entry of illegal aliens from Third World countries like Mexico, we are setting our country up for a setback.

A California caller on the Mark Edwards radio talk show in Las Vegas said, "I saw a sign hung over a Mexican panel truck, which read 'We're taking over --- get ready to get out'!"

That�s why you may want to write me for the 28-point action letter for stopping this nation-destroying invasion. For you West Coast night owls, every Thursday you can catch Frosty Wooldridge on Mark Edwards "Wake Up America" talk show on 50,000 watt KDWN-Am-720 10 PM to midnight PT, or on the worldwide internet at www.AmericanVoiceRadio.com

� 2005 Frosty Wooldridge - All Rights Reserved

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