One little problem: The Fed ain't federal

Another day, another disaster. It is revealed that the Federal Reserve is assisting "immigrants" without Social Security numbers - otherwise known as persons who are in the U.S. illegally - to wire money back home through a program, dubbed Directo a Mexico.

In this story the reporter is under the mistaken impression that the Federal Reserve is actually part of the federal government. It is not. The FR, created by congressional legislation in 1913, is barely quasi-federal in that it is a collection of private banks and the regional board members, including the chairman (think Alan Greenspan and Ben Bernanke) are appointed by the President of the U.S. The bottom line: Congress has no say whatsoever in how the Fed operates, which means that citizens and voters of America also have no voice.

Which is why the Fed feels it can ignore laws, traditions and common sense when it cooperates with the intelligensia (or New World Order, or whoever in hell is pushing for the borderless future) in providing a service that would land anyone else in prison.

This part of the article is instructive:

Directo a Mexico was intended for all Mexicans living in the U.S. It did not specifically exclude those here illegally.

Only immigrants who are in the U.S. legally can get a Social Security number, but any Mexican national can get a consular ID, regardless of legal status.

Not only "any Mexican national," but just about anyone, period. The consular ID program is so rife for corruption and incompetence that there is absolutely no way to determine whether a card holder is a true Mexican national or Osama bin Laden's limo driver on foreign assignment.

Here's another howler:

Philip Martin, chairman of the Comparative Immigration and Integration Program at UC Davis, said remittances sent to Mexico last year were just a fraction of the U.S. economy, $23 billion out of a gross domestic product of more than $13 trillion.

Perhaps he doesn't care if $23 billion gets siphoned out of the American economy this year (and more next year, and more the year after that), but sooner or later that adds up to real money, and it's just a portion of the economic impact of illegal immigration. A good number are not documented and are dealing on a cash only basis.

But the 2006 elections are over and not nearly enough of the good guys won, so hold on to your wallets and your jobs, if you can.