Funny how Trump and Minister of Propaganda Spicer still saying Mexico will pay for the wall, yet ...

Aug 27, 2001
63,466
198
0
trump still will not pay his own friggin bills. Sued again for not paying a contractor for work done this time at the Trump Hotel in DC. Yet some of you believe the is looking out for the little guy. Apparently, as is his documented MO, he offered to settle for 1/3 of the amount owed to the contractor.

And speaking of Spicer, what a tool.
 

WVU82_rivals

Senior
May 29, 2001
199,095
686
0
idiot...

mexicans send $25B back to mexico every year...

~$200B during muslimobamapuppets regime...

most of this was UNTAXED...

you do the math...


 

WVU82_rivals

Senior
May 29, 2001
199,095
686
0
jesus.... you libs do realize there is a webpage called google... right ?

http://money.cnn.com/2016/09/01/news/economy/mexico-peso-money-transfer-trump-remittance/

Almost $25 billion flowed last year from the pockets of Mexicans living overseas, almost all of it from the U.S. That's even higher than what Mexico earns from its oil exports.

The average remittance in June was $300.08, which when multiplied by the number of Mexican workers abroad totals billions each year. Donald Trump has his eye on those billions -- earlier this year, he said the cash could pay for the wall he has proposed between the U.S.-Mexico border, even though he didn't mention that in his meeting with Mexican President Enrique Peña Nieto on Wednesday.

Essentially, Mexico's most lucrative natural resources are the people who leave home. The cash remittances are a lifeline for the country and a critical source of economic development for America's southern neighbor.

Remittances are even expected to top $28 billion this year. All that money is dependent on a border that allows people to cross. Trump threatens this money flow in 2 ways: putting a stop to remittances and building a wall. Both would turn off the money spigot.

It might well be a reason behind the invitation from Mexico's president to the GOP presidential nominee to meet with him. Trump has suggested changing a rule in the USA Patriot Act to halt money transfers. While it's not clear such a move to put capital controls on immigrant pay would be legal, even the threat to shut off those funds is cause for concern.

The funds fuel a big part of Mexican consumer spending, from building houses to paying for schools. Remittances have also been growing faster than wages and inflation. It's also a critical time for Mexico's economy, which is showing signs of weakness.

The economy recently shrank for the first time in three years. Its currency, the peso, is near an all-time low, only worth 5 cents. However, a depreciating peso means every dollar sent home goes a little further.

Mexico is the world's 12th largest oil exporter and a major auto manufacturer. It collected $23.2 billion from exporting oil last year.

But the decline in oil prices and slumping auto sales in America -- Mexico exports lots of cars across the border -- have slowed growth.

Against that backdrop, workers' remittances are becoming even more vital for Mexico. They're even higher than Mexico's revenue from tourism and foreign investment.


---so muslimobamapuppet let ~$200B go South in the past 8 years...---

---mostly UNTAXED money... what a ******* idiot... he could have supported every terrorist organization with that kind of hooch...---
 

WVUBRU

Freshman
Aug 7, 2001
24,731
62
0
Trump lies so much and this is just another con job he is pulling on America. Why in the world do so many people including many in the press continue to believe his crap? Mexico isn't going to pay a cent for this wall whether it is direct funds or it is concessions in a trade deal which the idiot allluded to when he is saying "it may be complicated". In fact, Mexico is now threatening to walk away from scheduled talks and negotiations and it is understandable.

Wake up America view what is happening without a political and hateful agenda. Be honest with your views. It is good to see some doing that with the torture discussion; it needs to be expanded.
 

bamaEER

Freshman
May 29, 2001
32,435
60
0
Trump lies so much and this is just another con job he is pulling on America. Why in the world do so many people including many in the press continue to believe his crap? Mexico isn't going to pay a cent for this wall whether it is direct funds or it is concessions in a trade deal which the idiot allluded to when he is saying "it may be complicated". In fact, Mexico is now threatening to walk away from scheduled talks and negotiations and it is understandable.

Wake up America view what is happening without a political and hateful agenda. Be honest with your views. It is good to see some doing that with the torture discussion; it needs to be expanded.
Funny thing is, Mexico is an ally. Or maybe I should say 'was' and ally.
 

WVMade

Redshirt
Aug 23, 2016
1,221
0
0
jesus.... you libs do realize there is a webpage called google... right ?

http://money.cnn.com/2016/09/01/news/economy/mexico-peso-money-transfer-trump-remittance/

Almost $25 billion flowed last year from the pockets of Mexicans living overseas, almost all of it from the U.S. That's even higher than what Mexico earns from its oil exports.

The average remittance in June was $300.08, which when multiplied by the number of Mexican workers abroad totals billions each year. Donald Trump has his eye on those billions -- earlier this year, he said the cash could pay for the wall he has proposed between the U.S.-Mexico border, even though he didn't mention that in his meeting with Mexican President Enrique Peña Nieto on Wednesday.

Essentially, Mexico's most lucrative natural resources are the people who leave home. The cash remittances are a lifeline for the country and a critical source of economic development for America's southern neighbor.

Remittances are even expected to top $28 billion this year. All that money is dependent on a border that allows people to cross. Trump threatens this money flow in 2 ways: putting a stop to remittances and building a wall. Both would turn off the money spigot.

It might well be a reason behind the invitation from Mexico's president to the GOP presidential nominee to meet with him. Trump has suggested changing a rule in the USA Patriot Act to halt money transfers. While it's not clear such a move to put capital controls on immigrant pay would be legal, even the threat to shut off those funds is cause for concern.

The funds fuel a big part of Mexican consumer spending, from building houses to paying for schools. Remittances have also been growing faster than wages and inflation. It's also a critical time for Mexico's economy, which is showing signs of weakness.

The economy recently shrank for the first time in three years. Its currency, the peso, is near an all-time low, only worth 5 cents. However, a depreciating peso means every dollar sent home goes a little further.

Mexico is the world's 12th largest oil exporter and a major auto manufacturer. It collected $23.2 billion from exporting oil last year.

But the decline in oil prices and slumping auto sales in America -- Mexico exports lots of cars across the border -- have slowed growth.

Against that backdrop, workers' remittances are becoming even more vital for Mexico. They're even higher than Mexico's revenue from tourism and foreign investment.


---so muslimobamapuppet let ~$200B go South in the past 8 years...---

---mostly UNTAXED money... what a ****ing idiot... he could have supported every terrorist organization with that kind of hooch...---
Really? Mexico is beating the U.S. in oil exports and auto manufacturing? Taking all those good "white man jobs" in the U.S. too. lmao... you people are bat shiat crazy.
 
Dec 7, 2010
20,602
120
0
trump still will not pay his own friggin bills. Sued again for not paying a contractor for work done this time at the Trump Hotel in DC. Yet some of you believe the is looking out for the little guy. Apparently, as is his documented MO, he offered to settle for 1/3 of the amount owed to the contractor.

And speaking of Spicer, what a tool.
I still find it amusing and revealing how much support he got with "buy American" and saying he'll keep companies home making products here all the while, all his **** is made in China, India, and Bangladesh. His minions eat it up. Do they not know or do they not care?
 

DvlDog4WVU

All-Conference
Feb 2, 2008
46,696
1,764
113
Trump lies so much and this is just another con job he is pulling on America. Why in the world do so many people including many in the press continue to believe his crap? Mexico isn't going to pay a cent for this wall whether it is direct funds or it is concessions in a trade deal which the idiot allluded to when he is saying "it may be complicated". In fact, Mexico is now threatening to walk away from scheduled talks and negotiations and it is understandable.

Wake up America view what is happening without a political and hateful agenda. Be honest with your views. It is good to see some doing that with the torture discussion; it needs to be expanded.
You really don't believe we have the juice to directly or indirectly force Mexico into paying for it? Seriously? Don't be naive, Bru. The finance piece is easier to work out than the logistics piece. I also think it's quite amusing Pena thinks by posturing about not coming he is going to cause Trump to flinch. First rule of negotiation. He with the most leverage, wins. Mexico has zero leverage.
 

WVMade

Redshirt
Aug 23, 2016
1,221
0
0
You really don't believe we have the juice to directly or indirectly force Mexico into paying for it? Seriously? Don't be naive, Bru. The finance piece is easier to work out than the logistics piece. I also think it's quite amusing Pena thinks by posturing about not coming he is going to cause Trump to flinch. First rule of negotiation. He with the most leverage, wins. Mexico has zero leverage.
You'd have to be a complete moron to think destroying Mexico's economy is good for the U.S.. Talk about idiotic. Can you imagine creating a border enemy, destroying their economy, then building a measly wall to shield and protect your country? lmao Only a complete imbecile would do such a thing. You people aren't very bright are you?
 

WVUBRU

Freshman
Aug 7, 2001
24,731
62
0
You really don't believe we have the juice to directly or indirectly force Mexico into paying for it? Seriously? Don't be naive, Bru. The finance piece is easier to work out than the logistics piece. I also think it's quite amusing Pena thinks by posturing about not coming he is going to cause Trump to flinch. First rule of negotiation. He with the most leverage, wins. Mexico has zero leverage.
You have proven you love lapping up conspiracy theories. This con job is another one. It isn't me being naive.
 

bamaEER

Freshman
May 29, 2001
32,435
60
0
You'd have to be a complete moron to think destroying Mexico's economy is good for the U.S.. Talk about idiotic. Can you imagine creating a border enemy, destroying their economy, then building a measly wall to shield and protect your country? lmao Only a complete imbecile would do such a thing. You people aren't very bright are you?
America First!
 

bamaEER

Freshman
May 29, 2001
32,435
60
0
You have proven you love lapping up conspiracy theories. This con job is another one. It isn't me being naive.
You just have to let this situation play out and then revisit it in a couple years. I'll bet many here will deny that they ever said Meixico would pay for it by then.
 

WVMade

Redshirt
Aug 23, 2016
1,221
0
0
If illegal Mexicans are taking your jobs, you should probably find another career.[roll]
 

WVMade

Redshirt
Aug 23, 2016
1,221
0
0
My understanding is that Lend Lease, the general contractor, is who didn't pay the electricians. This is not Trump's company.
It's always someone else in Trump's world. He's large and in charge until he's caught.
 

bamaEER

Freshman
May 29, 2001
32,435
60
0
I'm still laughing that Mexicans are taking your jobs. Really?[laughing]
I'm for improving our economy as much as anyone else. I want Americans to have jobs. But in the end, his decisions may have grave impacts on shareholders and where they invest their money. Nobody wants that $3000 iphone.
 

WVUBRU

Freshman
Aug 7, 2001
24,731
62
0
You just have to let this situation play out and then revisit it in a couple years. I'll bet many here will deny that they ever said Meixico would pay for it by then.
You are right but Americans need to wake up about this pos president before he does something really damaging. That is my main beef
 

Boomboom521

Redshirt
Mar 14, 2014
20,115
6
0
I understand the thought process of seeing money being sent back to Mexico as a means for"repayment". However:

1: why not just say that? Why dumb down the rhetoric so that people actually think the US gets those tax dollars back from Mexico?

2: do we really just look completely past the fact that the money being sent back is to support families (children, elderly)? Do you think the illegal immigrant, living in a crappy apartment with 10 other illegals, is sending that money back to his mansion in Cabo? Do you think there are wealthy Mexican families sipping pina colatas by their pool and laughing at how stupid the Americans are to not build a wall?

Most of the people in Mexico are struggling substantially, let's not lose sight of that in our glorious quest to put America first and cloak our lives in luxury.
 

Mntneer

Sophomore
Oct 7, 2001
10,192
196
0
I'm for improving our economy as much as anyone else. I want Americans to have jobs. But in the end, his decisions may have grave impacts on shareholders and where they invest their money. Nobody wants that $3000 iphone.

Nobody has to buy a $3000 iPhone. It amazes me that people don't see the leverage that the US has with China and Mexico.

My understanding is that Lend Lease, the general contractor, is who didn't pay the electricians. This is not Trump's company.

However, if it's a "Pay when paid" situation, and the GC has not been paid, then electrician's only choice is to try and go back after the GC and not the owner. Hence the GC would then have to go back at the owner.

Unfortunately it's a common tactic in the industry as a whole.
 

Boomboom521

Redshirt
Mar 14, 2014
20,115
6
0
I don't really care. Fix the problems here first. Going bankrupt by doing charity work doesn't help anyone long term.
And that changes by Americans going to work in an orange grove? Or bussing tables? Washing dishes? If you think the jobs illegals have here could come close to supporting a family in the US, you're crazy. It barely supports them in Mexico.
 

dave

Senior
May 29, 2001
60,573
756
113
And that changes by Americans going to work in an orange grove? Or bussing tables? Washing dishes? If you think the jobs illegals have here could come close to supporting a family in the US, you're crazy. It barely supports them in Mexico.
I think if people want to work here they should pay taxes here just like American citizens do. What they get paid or how they feed their family is not my problem.
 
Dec 17, 2007
14,604
457
83
I do hope all of you realize that if Trump goes after the remittances from immigrants being sent back to their native country that a black-market version instead of a legal one, like Western Union, will pop-up to take its place, right?
 

eerdoc

Redshirt
May 29, 2001
24,013
24
38
You'd have to be a complete moron to think destroying Mexico's economy is good for the U.S.. Talk about idiotic. Can you imagine creating a border enemy, destroying their economy, then building a measly wall to shield and protect your country? lmao Only a complete imbecile would do such a thing. You people aren't very bright are you?
Curious use of words---"YOU PEOPLE"?? Yo are nopt part of "US"? Sure wish Vernon would make this a West Virginia SPORTS site and ban all other dribble that some insist on inserting.
 

Airport

All-Conference
Dec 12, 2001
82,126
2,309
113
Funny thing is, Mexico is an ally. Or maybe I should say 'was' and ally.

Guess who's building a wall on it's southern border? It's not the US yet. Mexico is tired of all the central americans slipping into their country.
 

torontoeers

Freshman
Nov 20, 2010
13,452
71
0
Not sure if this wall is necessary or really a prudent course of action...I will leave that commentary out of it...
However I do believe Trump will build his wall, even if it is only a partial of the full border extent. As I understand 1/3 of the total length was actually approved by Congress 10 or so years ago? Perhaps somebody can verify for me...
As for the Mexicans paying for it...I believe they will but it will be accounted for in the Trump way...Cemex is a gigantic Mexican owned cement company with plants all across Northern Mexico, with some in the US too I believe. With many subsidiaries. This will be his bone to throw their way, and creative accounting will allow him to say 'see they paid for it!'

And Airport has a good point...the Mexicans are struggling mightily with migrants coming across from Central America
 

D. Denzil Finney

Redshirt
May 29, 2001
9,391
14
0
jesus.... you libs do realize there is a webpage called google... right ?

http://money.cnn.com/2016/09/01/news/economy/mexico-peso-money-transfer-trump-remittance/

Almost $25 billion flowed last year from the pockets of Mexicans living overseas, almost all of it from the U.S. That's even higher than what Mexico earns from its oil exports.

The average remittance in June was $300.08, which when multiplied by the number of Mexican workers abroad totals billions each year. Donald Trump has his eye on those billions -- earlier this year, he said the cash could pay for the wall he has proposed between the U.S.-Mexico border, even though he didn't mention that in his meeting with Mexican President Enrique Peña Nieto on Wednesday.

Essentially, Mexico's most lucrative natural resources are the people who leave home. The cash remittances are a lifeline for the country and a critical source of economic development for America's southern neighbor.

Remittances are even expected to top $28 billion this year. All that money is dependent on a border that allows people to cross. Trump threatens this money flow in 2 ways: putting a stop to remittances and building a wall. Both would turn off the money spigot.

It might well be a reason behind the invitation from Mexico's president to the GOP presidential nominee to meet with him. Trump has suggested changing a rule in the USA Patriot Act to halt money transfers. While it's not clear such a move to put capital controls on immigrant pay would be legal, even the threat to shut off those funds is cause for concern.

The funds fuel a big part of Mexican consumer spending, from building houses to paying for schools. Remittances have also been growing faster than wages and inflation. It's also a critical time for Mexico's economy, which is showing signs of weakness.

The economy recently shrank for the first time in three years. Its currency, the peso, is near an all-time low, only worth 5 cents. However, a depreciating peso means every dollar sent home goes a little further.

Mexico is the world's 12th largest oil exporter and a major auto manufacturer. It collected $23.2 billion from exporting oil last year.

But the decline in oil prices and slumping auto sales in America -- Mexico exports lots of cars across the border -- have slowed growth.

Against that backdrop, workers' remittances are becoming even more vital for Mexico. They're even higher than Mexico's revenue from tourism and foreign investment.


---so muslimobamapuppet let ~$200B go South in the past 8 years...---

---mostly UNTAXED money... what a ****ing idiot... he could have supported every terrorist organization with that kind of hooch...---

So using the scenario you laid out combined with POTUS saying initial funding will be done by U.S. (tax) dollars, the wall is built with Mexico to repay in one way or another. USA through taxes will foot the bill with repayment made in some fashion by Mexico. Monies received are returned to U. S. Treasury and added to a surplus account. Next year(s) same scenario follows until debt is paid. BTW the 28 million remittance keeps on chugging into Mexican coiffers and the U.S. Taxpayer pays their taxes perpetuating the cycle. Any tax breaks coming; I doubt it. This reply is not offered to generate turmoil. I may be completely off base; if so enlighten me. Thaanx
 
Sep 6, 2013
27,594
120
0
Curious use of words---"YOU PEOPLE"?? Yo are nopt part of "US"? Sure wish Vernon would make this a West Virginia SPORTS site and ban all other dribble that some insist on inserting.

You don't have to visit this forum. It's an OT forum. There are plenty of sports forums on the site.
 

bamaEER

Freshman
May 29, 2001
32,435
60
0
Curious use of words---"YOU PEOPLE"?? Yo are nopt part of "US"? Sure wish Vernon would make this a West Virginia SPORTS site and ban all other dribble that some insist on inserting.
Vernon created this forum because politics were ruining his sports forums. Since creating it, he stays away from it.
 

dave

Senior
May 29, 2001
60,573
756
113
Ok. But those prices will rise.
And the market will adjust accordingly. Right now it is essentially a 21st century slave system that companies use to get around paying taxes. Among other taxes being abused, medicare and social security are left empty handed for all these workers and we will eventually pay for that one way or the other.