How To Shoot Yourself In The Foot

The obligatory link: Immigrants who wire money get help from the Fed

In a way, I feel like this story goes hand in hand with the one earlier about having the IRS go after eBay sellers. Again, we have the government, in a bid to gain extra revenue, doing something that actually holds revenue down. Of course, this has the added "bonus" (if you can really call it that) of tying in with the illegal immigration issue.

Actually, it's a lot like the Bank of America story from a couple weeks back, too... which, not surprisingly at all, gets a mention in the article. It's another way that we could be getting locks on illegal immigrants for deportation, but even though we're spending money to do things like keep National Guard units on the border, easy solutions like this to the problem of finding the illegals already in-country never see use.

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