Archive for the ‘Treasury’ Category
January 27th, 2012 | 
Author: Obama Slaps Intimidation Lawsuit on South Carolina Over Illegals
www6.lexisnexis.com11/7/11
States and localities bear the brunt of the costs that illegal aliens impose on taxpayers. … State and local costs for services siphoned by illegal aliens and their anchor babies now total $391 million a year in South Carolina.
Illegal Aliens Not “Innocent Immigrants”; U.S., Dem. Party Wasting …
neosecularist.com1/27/12
Why would we want to reelect a man, Barack Obama, who would give the potential illegal alien that much more incentive to become a criminal illegal alien? Isn't it more cost-effective to the American taxpayer to advance a “no …
How Many Illegals In The US And What Is The Cost?
It’s obviously impossible to come up with exact figures because illegal aliens don’t reply to census questionnaires, but the U.S. Border Patrol Union Local 2544 in Tucson, Ariz., says the total number of illegal immigrants in the U.S. today is somewhere between 12 million and 15 million.
And basing its figures on the "Current Population Survey", which is a monthly assessment of about 50,000 households jointly conducted by the US Bureau of Labor Statistics and the Census Bureau, The Pew Hispanic Center estimates that there are between 11.5 million to 12 million "unauthorized migrants" living in the U.S. today.
Bear Stearns (download pdf) says however that based on school enrollments, foreign remittances, border crossings, and housing permits that, "there is significant evidence that the census estimates of undocumented immigrants may be capturing as little as half of the total undocumented population", meaning that there might well be as many as 20 million illegal immigrants in the US today.
How Much Are Illegal Aliens Costing The U.S. ?
The following estimates are in billions and not millions!
Illegal aliens are said to be costing the welfare system between $14 billion and $22 billion every year – Federation for American Immigration Reform
Medicaid use by illegal aliens costs the U.S. 7.5 billion every year- Center for Immigration Studies
In 2006, illegal aliens sent an estimated $65 BILLION in remittances back to their countries of origin, to their families and friends – rense.com
The following information was sourced from and interview on - Lou Dobbs Tonight
Primary and secondary school education for illegal aliens is said to be costing $12 billion dollars a year.
Anchor (American-born children of illegal aliens) children another $27 billion a year.
The incarceration of illegal aliens – $1.2 billion a year and 28% of all federal prison inmates are reckoned to be illegal aliens.
Every single year a massive $190 billion dollars is spent on welfare and social services for illegal aliens.
It is thought that illegal aliens cause American wages to be suppressed by around $200 billion dollars per year.
The above figures are not 100% accurate of course, but they’re based on extensive research, so it’s probably safe to say that illegal immigration is costing the U.S. around $500 billion a year and $500 billion is half a trillion dollars!
And How Much Do Illegal Immigrants Pay in Taxes?
Most experts agree that many illegal immigrants are paying taxes to Uncle Sam, but just how much they pay is hard to determine because the federal government doesn’t fully tally it.
"The latest available figures indicate however that it will amount to billions of dollars in federal income, Social Security and Medicare taxes this year and one rough estimate puts the amount of Social Security taxes alone at around $9 billion per year". – MSNBC
So What’s To Be Done?
Mass Deportation?
According to The National Policy Institute, the total cost of mass deportation would be between $206 and $230 billion, and you can download a free copy of the The National Policy Institute ebook entitled, deportation if you’re interested in more details.
How Much Overall Support Is There For Reducing Immigration?
What Steps Was It Recommended That The Government Take?
In 1995, the U.S. Commission on Immigration Reform asked the National Research Council / National Academy of Sciences to study the economic and fiscal effects of immigration.
Here are the principle findings of their extensive analysis, published in 1997 as The New Americans: Economic, Demographic, and Fiscal Effects of Immigration (ISBN 0-309-06356-6).
Their recommendations on Illegal Immigration were to.
Restrict the eligibility of illegal aliens for publicly-funded assistance.
Implement a nationwide system for easily verifying authorization to work (specifically, a computerized registry based on a secure
social security card).Increase the resource for border management and interior enforcement.
Is There The Political Will To Implement Either Of The Above?
Obviously not, because in spite of a recent Pew survey (and all other polls that I’ve seen confirm it) showing that 73%of those polled approved of Arizona’s new immigration plan, and in spite of many other States wanting to adopt it, the Obama administration is seeking to have Arizona’s new law ruled unlawful.
The Answer To The Question
A Mexican journalist by the name of Evangelina Hernandez asked in Denver recently, "Illegal aliens pay rent, buy groceries, buy clothes. What Happens to your country’s economy if 20 million people go away?".
The answer would of course be, that the U.S. would be close to $500 billion a year better off, and
Posted in 2012, administration, congress, economy, federal debt, financial, financial crisis, financial system, government, Homeland Security, Illegal immigration, Immigration, Lobbying, politics, presidential elections, Treasury, Unemployed, Unemployment, unemployment rate, US economy, welfare, White House | 
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Debt-Free United States Notes Were Once Issued Under JFK And …
theeconomiccollapseblog.com12/19/11
Our current debt-based monetary system was devised by greedy bankers that wanted to make huge profits by creating money out of thin air and lending it to the U.S. government at interest. Sadly, the vast majority of the …
The Corporate Cash Myth | Euro Pacific Capital
www.europac.net12/21/11
The death blow to US corporations could come when US interest rates rise to historically normal levels. A four-percentage-point rise in the interest rates paid on debt by US corporations would cost them nearly $300 billion per …
If you think that the US is in a terrible state financially, you’re right, because the US can’t pay the interest on its debts which is why those debts are getting bigger every second of every day.
But take a look at this slide-show and most likely be amazed.
Of the twenty countries listed, America is number twenty meaning that there are nineteen countries who owe much more of their GDP that it does.
And please note how the socialist countries are doing and perhaps cringe, knowing that this is the direction in which Obama would like to lead America.
