The crisis was mid level in america and now hes a billionaire from committing serial fraud and theyve been you know had to face the music many many times so i dont understand why theyre singling out mexico it seems like crime pays well this is a local think tank and theyre looking around and wondering why is the 1st year in a decade that the economy the g. D. P. Has shrank and theyre saying well perhaps if we cut down on all these headlines on these stories of cartels beheading people but yet youre mentioning that there is a crime wave that goes on in america and perhaps if we got rid of all the jamie diamond taking all the money perhaps member the velocity of money chart we showed perhaps there would be more velocity of money but just in terms of ending that crime if you end the crime if they end the Violent Crime on the streets you know what is there in the world except for a few system and financialization so it weve also come. That like with boeing or Union Pacific all these normal
Mexico could encourage more investment leading to higher Economic Growth the private sector think tank said last week that is why it is indispensable to guarantee the security of the private Sector Center for economic studies said in his weekly report i dont get it may and i mean look at america we know at j. P. Morgan we know and jamie dimon their Business Model is to keep 0. 90 of every dollar they steal they pay 0. 10 of every dollar they steal as a fine they played hundreds of millions of dollars in fines jamie diamond before the crisis was a midlevel guy in america now hes a billionaire from committing serial fraud and theyve been you know had to face the music many many times so i dont understand why theyre singling out mexico it seems like crime pays well this is a local think tank and theyre looking around and wondering why its the 1st year in a decade that the economy the g. D. P. Has shrank and theyre saying well perhaps if we could. Down on all these headlines on these stori
The meeting will come to order. Today we welcome the acting commissioner of u. S. Cuss thotos and Border Protection mark morgan. Thank you for being here today. We look forward to go etting your perspective on cbp priorities and requirements for fiscal year 2021. The fiscal year 2021 budget proposes 15. 6 billion in zregs nare discretionary fwunzing for rbp a700 million i bov the level. And 2 billion for the construction of 82 miles of border barriers and an increase of 625 million, over the current year appropriation for nearly 88 of the total fy 2021 increase for cbp overall. I have obvious concerns about spending another 2 billion on Additional Border barriers. But aside from any debate we might have about them, this administration continues to circumvent the will of congress, by diverting billions of dollars above what congress specifically appropriates for this activity. The house bill was simply not, does simply not include this funding. Even more to the point however is that the
Morgan we know and jamie dimon their Business Model is to keep 0. 90 of every dollar they steal they pay 0. 10 of every dollar they steal as a fine they played hundreds of millions of dollars in fines jamie diamond before the crisis was mid level in america and now hes a billionaire from committing serial fraud and theyve been you know had to face the music many many times so i dont understand why theyre singling out mexico it seems like crime pays well this is a local think tank and theyre looking around and wondering why is the 1st year in a decade that the economy the g. D. P. Has shrank and theyre saying well perhaps if we cut down on all these headlines on these stories of cartels beheading people but yet youre mentioning that there is a crime wave that goes on in america and perhaps if we got rid of all the jamie diamond taking all the money. Member the velocity of money chart we showed perhaps there would be more velocity of money but just in terms of ending that crime if you en
Build things all they do is extract and then destroy and they dont invest in the economy here this guy is saying well if we just get rid of the Violent Crime then people are going to mess here but nobody in this nobody invest its all speculation and by initialisation hollowing out of assets i remember during the 2008 liquidity crisis when credit froze the only actual money available for banks to keep the lights on came from mexican drug cartels it was part of the mexican drug cartels and Italian Mafia yes they did say there we covered that with the un itself there organized Crime Division said that that was the money flowing especially through europe but again i mean obviously crime getting rid of crime and Violent Crime is certainly a very good thing tens of thousands of people are murdered every single year here of course there are several big banks we wont mention them that have paid fines for participating in financing and laundering money for those gang. But speaking of crimes i w