www.washingtontimes.com/news/2017/feb/27/ready-billions-for-the-wall/
Lost in the discussion of "the wall," is the the other side of the equation; i.e. people and contraband flood north but illicit proceeds in the form of bulk cash go south. The estimates vary but a safe number seems to be about $20 billion a year in untaxed dollars are smuggled across our southern border. Currently, we are able to intercept, seize and forfeit less than 1% of that total; in other words we seize a Geroge Washington quarter for every $100 Benjamin note that goes south! If we could increase our interception rate by 5 - 10 % in a few years we could pay for the wall. I wrote a policy paper on this with all of the supporting background information and tried with little success to get it into the hands of the Trump administration. I also tried repeatedly (and failed) to get a lengthy article published. I shorter/revised version appears in today's Washington Times. See the article section in my website and/or this link:
www.washingtontimes.com/news/2017/feb/27/ready-billions-for-the-wall/
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AuthorJohn Cassara is a former intelligence officer and Treasury Special Agent. He is a consultant, speaker, and writer on issues related to transnational crime, money laundering, and terror finance. Archives
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