I’m tired of the poor connection within the playstation network community between the gamers. How much longer? They can at least let more people in on the beta for making us wait so long.
There is no release date yet. But I say sometime between April to June.
THE WALL STREET JOURNAL
As U.S. leaders craft policies to curb illegal immigration from Mexico, the U.S. Federal Reserve is devising programs to extend banking services to undocumented immigrants. A new remittance program aims to bring Mexican migrants who send money home into the mainstream U.S. financial system, regardless of their immigration status.
Dubbed "Directo a Mexico," the remittance program enables U.S. commercial banks to make money transfers for Mexican workers through the Federal Reserve’s own automated clearinghouse, which is linked to Banco de Mexico, the Mexican central bank.
To use the service, a Mexican need only possess a matricula consular, an ID issued by the Mexican consulate in most major U.S. cities to those with proof of Mexican birth or citizenship, or a picture ID card issued by the U.S. or another foreign government. The idea is to make it cheaper and safer for Mexican workers to send funds to their relatives.
"We offer an extremely competitive exchange rate," said Elizabeth McQuerry, an Atlanta-based assistant vice president for the Federal Reserve Bank’s retail payments office. "We cost a third of other providers."
The majority of immigrants currently make transfers, which average $350 each, through companies like Western Union or a hodgepodge of wire-transfer firms, couriers and others that operate out of storefronts in Hispanic enclaves. Family members then collect the wired cash at a shop in their town or village.
The Federal Reserve Bank and Banco de Mexico launched a cross-country road show during the summer to promote the new funds-transfer program to commercial banks. Banks that offer the service hope to attract new customers. Indeed, one of the Federal Reserve Bank’s goals is to use the program as a springboard for drawing hundreds of thousands of immigrants into the formal U.S. banking system because commercial banks require that those wanting the service first open a savings account.
"People who didn’t have bank accounts establish a relationship with us," said James Maloney, chairman of Mitchell Bank in Milwaukee, one of the first banks to offer the Federal Reserve Bank’s remittance scheme. "It’s great for our business."
Acknowledging that many Mexicans sending money home are illegal immigrants, the Federal Reserve’s brochure poses the following frequently asked question: "If I return to Mexico or am deported, will I lose the money in my bank account?" The answer: "No. The money still belongs to you and can be easily accessed at an ATM in Mexico using your debit card."
A team at the Federal Reserve Bank in Atlanta joined forces with a team at the Mexican central bank to design the Directo a Mexico program in response to a mandate by President Bush, following the U.S.-Mexico Partnership for Prosperity struck by Bush and Mexican President Vicente Fox in 2001. One of the stated objectives was to lower the cost paid by Mexican workers to send money to their native country.
The Federal Reserve Bank’s brochure touts the favorable foreign-exchange rate, based on the official rate, and a low transfer fee. "In addition, your money is safer in the bank than in your pockets or underneath the mattress," the brochure says.
Retail banks that participate in the program charge as little as $2.50 a transfer compared with $40 charged by some transfer services. Retail banks in the program pay the Federal Reserve 67 cents per transfer.
Most immigrants operate in a cash economy outside the formal banking system, where they have neither credit nor identity. In a post 9/11 era, bringing immigrants into the banking system – and tracking their remittances – is vital to security, supporters say.
Critics, however, say the Federal Reserve Bank is coddling illegal immigrants and helping them engage in capital flight. "Anything that makes it easier for people to live in this country illegally is an inducement for illegal immigration," said Ira Mehlman, a spokesman for the Federation for American Immigration Reform, an immigration-restrictionist group. "On top of that, it is draining money out of our economy."
Latin American migrants in the U.S. transferred $53 billion to $55 billion to their native countries last year, according to the Inter-American Development Bank. About $20 billion went to Mexico, $12 billion to Central America and the Dominican Republic, and the rest to South American countries.
Remittances sent by Mexicans topped $15.5 billion in the first eight months of this year, 20 percent higher than the amount sent during the same period in 2005, according to Mexico’s central bank, and this year’s annual figure is expected to hit a new record. Savings scraped together by nannies, painters and others working abroad are now Mexico’s second-largest source of foreign revenue, after oil exports and ahead of tourism.
Since the Federal Reserve launched the program last year, about 150 U.S. financial institutions have enrolled. While most Mexicans continue to avoid banks, consumers using the program seem happy with it. Julian Gimenez, who works for a landscaping company in Milwaukee, for years had sent money to his wife, Catalina, in Jalisco, Mexico, through a wire-transfer company in his Latino neighborhood. Now, Gimenez uses Mitchell Bank. "It’s cheaper to send the money and it arrives faster than any other place," he said.
Last month, the program was expanded to enable migrants in the U.S. to open an account for relatives to whom they plan to send money. A bank teller in the U.S. can open the account remotely on a Web site set up by Mexico’s Banco del Ahorro Nacional y Servicios Financieros, the development bank known as Bansefi, which has a vast network of branches in urban and rural areas.
The beauty of the program, says Bansefi’s Chief Executive Officer Javier Gavito, is that the "unbanked population" on both sides of the border gets into the formal banking system. In Mexico, only half of all adults hold a bank account.
Directo a Mexico "revolutionizes the remittance market," said John Herrera, co-founder of Latino Community Credit Union, which has five branches in North Carolina and participates in the remittance program.
"U.S. banks have realized that these working-class folks are sending real money back home," said Herrera.
M O R E N E W S F R O M
• Federal Reserve Bank
• Business News
• Banking
• George Bush
• North Carolina
• World News
• Financial Services
• Mexico
• Western Union
• Country
• Jalisco, Mexico
• Discuss Jalisco, Mexico
Another example of our own government giving preferential treatment to criminal illegal aliens.
I’m so sick of our government coddling these illegals just so they can make a "Dishonest Buck" from Big Business!
We should confiscate their money and possessions and deport them. Just like we do drug dealers only drug dealers go to jail if they are Americans.
DO YOU EVER GET THE FEELING OUR OWN GOVERNMENT IS TRYING TO KILL US?
A pilot?
To All,
First of all I will take the time to say that this is not a chain letter or any type of scam. THIS IS FOR REAL!! One Louisville based company (Lightyear Communications/Network Solutions) that is being backed by Verizon wireless to institute a new way of marketing and making money from people/companies cell phone bills. Lightyear Communication/Network Solutions who now does billing for Verizon as well as Amazon.com, JC Penney, and many other large companies is being backed by Verizon to launch internet based stores that any individual can own. They are still in the process of setting fees for stores ($199 to $499) and there is a $49 monthly maintenance fee that is charged for each store. Lightyear will maintain the stores as well as ship new phones, handle customer service issues, billing, so all you do is sell. If you establish a store you make 10% of all of you customers monthly cell phone bills, if you find someone else that opens a store you get ½ of there monthly maintenance fee of $49 and plus a percentage of there customers cell phone bills and so on and so on. There are still specifics that are being worked out and I have only been involved for a week or so now, but I can tell you that this is the real deal. This has never before been done by any one else. You have the general public as your sales people making extra money off everyone’s wireless/data service. I can tell you this though, this is the “ MOST CRITICAL” time to get involved. VERIZON WILL BE RELEASING A PRESS RELEASE ON JULY 10TH. This is also being backed by internet marketer, Paul Gravette. Keep in mind at the moment this is backed by Verizon Wireless so that must be available in your coverage area.
*there is a website that has been developed www.mywirelessnews.com that has information regarding this e-mail. This website is being updated as information is available. This may seem vague to some but understand that this has not yet been lauched.
If you have any questions or interest please contact on of us directly for more information:
Ryan Groudle
rgroudle@isinc.cc
Cell 513-836-6494
or
Brian Emmons
hooboy – what was the question
To All,
First of all I will take the time to say that this is not a chain letter or any type of scam. THIS IS FOR REAL!! One Louisville based company (Lightyear Communications/Network Solutions) that is being backed by Verizon wireless to institute a new way of marketing and making money from people/companies cell phone bills. Lightyear Communication/Network Solutions who now does billing for Verizon as well as Amazon.com, JC Penney, and many other large companies is being backed by Verizon to launch internet based stores that any individual can own. They are still in the process of setting fees for stores ($199 to $499) and there is a $49 monthly maintenance fee that is charged for each store. Lightyear will maintain the stores as well as ship new phones, handle customer service issues, billing, so all you do is sell. If you establish a store you make 10% of all of you customers monthly cell phone bills, if you find someone else that opens a store you get ½ of there monthly maintenance fee of $49 and plus a percentage of there customers cell phone bills and so on and so on. There are still specifics that are being worked out and I have only been involved for a week or so now, but I can tell you that this is the real deal. This has never before been done by any one else. You have the general public as your sales people making extra money off everyone’s wireless/data service. I can tell you this though, this is the “ MOST CRITICAL” time to get involved. VERIZON WILL BE RELEASING A PRESS RELEASE ON JULY 10TH. This is also being backed by internet marketer, Paul Gravette. Keep in mind at the moment this is backed by Verizon Wireless so that must be available in your coverage area.
*there is a website that has been developed www.mywirelessnews.com that has information regarding this e-mail. This website is being updated as information is available. This may seem vague to some but understand that this has not yet been lauched.
If you have any questions or interest please contact on of us directly for more information:
Ryan Groudle
rgroudle@isinc.cc
Cell 513-836-6494
or
Brian Emmons
hooboy – what was the question
but now i am unable to view (or find for that matter) the ‘my print mileage’ task bar quick launch icon which handily had a toolbox option that showed the remaining ink in the printer. any assistance toward rectifiying this situation would be lovely.
Maybe if you get a better "network professional" he’s know to pop along to www.hp.com and install the correct drivers
start at http://h20000.www2.hp.com/bizsupport/TechSupport/DriverDownload.jsp?lang=en&cc=us&prodNameId=295932&taskId=135&prodTypeId=18972&prodSeriesId=295930&lang=en&cc=us&submit=Go%20û to get the Vista drivers for that machine
but now i am unable to view (or find for that matter) the ‘my print mileage’ task bar quick launch icon which handily had a toolbox option that showed the remaining ink in the printer. any assistance toward rectifiying this situation would be lovely.
Maybe if you get a better "network professional" he’s know to pop along to www.hp.com and install the correct drivers
start at http://h20000.www2.hp.com/bizsupport/TechSupport/DriverDownload.jsp?lang=en&cc=us&prodNameId=295932&taskId=135&prodTypeId=18972&prodSeriesId=295930&lang=en&cc=us&submit=Go%20û to get the Vista drivers for that machine
The one that’s suppose to be way better than 360 (not that 360 was that great but I liked it).
Last year they said it would be launched in spring, now they are talking about this autumn, but nobody knows for sure.
I see in the quick launch, there is an icon for a wired connection, but how can I get a wireless connection?
A USB wireless adapter should do the trick, just check for compatibility with your computer’s operating system and make sure you have a free USB port.
mr mcmahon will make his own network soon and when it is launched,i guarantee that wwe will bring back blood and sexual themes since the network was responsible for the pg in the first place and did u hear no way out is elimination chamber now and judgement day will change too
I have not heard about this but I sure hope not, because a lot of the WWE fan base are full of kids. I like the idea that wrestling can be a family entertainment sport. But if he does, this is on him.