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Peace and Prosperity

Ron Paul: Prohibiting Remittances to Mexico ‘Sounds Like Theft’



Ron Paul, the former United States presidential candidate and Republican member of the US House of Representatives from Texas, strongly condemned on Wednesday presidential candidate Donald Trump’s proposal that the US government shut down remittances of money from individuals in America to individuals, often family members, in Mexico as a means to pressure the Mexican government to pay for building a wall between America and Mexico.

“I think it sounds like theft,” exclaimed Paul in an interview with host Kennedy at Fox Business. Paul continues that the proposed action also sounds both illegal and immoral.

As thefts go, this one would be huge. Paul, in the interview, places the amount of yearly remittances at $24 billion. This estimate is in line with the report by Associated Press writers E. Eduardo Castillo and Peter Orsi this week that:
Remittances to Mexico hit nearly $24.8 billion last year, more than the country gets from oil exports. Nearly all of that originated in the United States, with most of it going directly to individuals.
Watch Paul’s complete interview here:



Paul is the chairman and founder of the Ron Paul Institute for Peace and Prosperity.
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