ICB Bank Charman Dennis Nixon told Texas Insider in a recent interview that closing the U.S./Mexico border would cause significant economic repercussions for south Texas cities along the Rio Grande River. However, are the economic interests of some businesses more important than the safety or all American citizens?
The historical economic ties between Mexican and U.S. business and commercial interests are very close. Border communities mix their economies to a large extent in spite of the international border.
However, although the economic, business and commercial interests of these border communities may be close, Mexico and the U.S. still are two different nations. We cannot honestly say that metro areas like Laredo, TX and Nuevo Laredo, MX are “one” based solely on their economic ties, because their interests remain different based on their national governments.
Sources have told El Conservador that the City of San Antonio is violating the state Anti-Sanctuary law, again. The San Antonio Fire Department (SAFD) has assigned two-person squads to stand by at Travis Methodist church where 40 "immigrants" from Honduras are being housed. They are assigned to two-hour shifts 24hrs a day for medical calls.
We should remember there are a large number of cases of mumps, measles and other illnesses that have been reported in ICE detention centers since the border crisis began. Also, the City has placed a notice on the City employee website is asking for volunteers that are Spanish speakers to help with the “immigrants.”
The health concerns are real. Today, April, 5, immigration officials in Arizona reported the death of a Mexican man who was in custody at the Florence Service Processing Center. Not only have the ICE and Border Patrol agents been placed in harms’ way with these diseases but now SA city firefighters will also be.
On Saturday, March 30, President Trump announced his intention to end foreign assistance programs for Guatemala, Honduras and El Salvador over their lack of cooperation and inaction regarding the thousands of illegal aliens attempting to enter to the U.S. illegally. The State Department said that “at the Secretary’s instruction, we are carrying out the President’s direction and ending FY 2017 and FY 2018 foreign assistance programs for the Northern Triangle,” a term that refers to the three countries.
Washington planned to send about $180 billion in foreign aid to the three Central American countries during the Fiscal year 2019 — $69 million for Guatemala, $66 million for Honduras and $45 million for El Salvador, according to the State Department.
Of course, the Democrats immediately called Trump’s action “reckless” and “counterproductive” in addressing the problems that cause people to flee to the U.S. The Democrats’ response is ironic and ridiculous since they have nothing to stop or even discourage the illegal immigration.
Democrats Congressman Cuellar of Laredo and Congressman Vela of Brownsville opposed and criticized President Trump’s proposal to close the border because it would harm international trade and the economy of the border region. Their position reflects the arrogance and hypocrisy of the "elites" that control the politics and businesses on the border.
Cuellar and Vela expressed concern for the border counties' economies which are some of the poorest in the nation because of the depressed wages due to the influence of cheap Mexican labor. They claim to support "workers," but act to undermine them.
Their concerns for the economy also seem hollow and disingenuous because both Cuellar and Vela support the radical environmental "Green Plan" which seeks to limit if not abolish gas and oil production. Gas and oil production in south Texas have brought new wealth to many communities. If Cuellar and Vela cared about the local economies, they would oppose illegal alien labor and support oil and gas development.
As I have mentioned many times before, if we’re ever going to stop and discourage illegal immigration, we must stop rewarding it, but sadly Fannie Mae (FNMA) is providing taxpayer-funded illegal alien mortgages. Illegal aliens are fugitives of the law, and Fannie Mae is allowing mortgages for them that are backed and “insured” by the American taxpayer.
Fannie Mae is a federal government-sponsored enterprise (GSE) that is a publicly traded company in the stock market. It was created in 1938 as part of the New Deal to expand the secondary mortgage market with federally insured mortgage loans.
The mortgage-backed securities (MBS) allows big lenders and mortgage bankers to reinvest their assets into more lending and thus increase the number of lenders in the mortgage market. As of 2018, Fannie Mae is ranked #21 on the Fortune 500 rankings of the largest United States corporations by total revenue.