Tuesday, April 19, 2016

It's All Your Money: U.S. Aiding Business Start-Ups -- For ILLEGALS

Your tax dollars supporting deported illegal immigrants?
Read the fine print on the Small Business Administration’s website, and you’ll find that the agency does not provide the funds to “start or grow” a small business – the engine of the American economy, providing roughly three-quarters of all new jobs. Rather, the SBA provides offers loan guarantees to the banks and lenders that do provide seed money.
So it might come as a surprise to American entrepreneurs that there is at least one group to whom the federal government is providing direct assistance for business start-ups: illegal aliens. In fact, these recipients of your taxpayer funds fall into an even more restricted category: illegal aliens who have been deported back to their native land.
As part of an ongoing project he calls The Waste Report, Sen. Rand Paul, R-Ky., has called attention to these outlays, which are made by an obscure federal agency called the Inter-American Foundation (IAF).
Housed in a non-descript building a few blocks from the White House, IAF is spending up to $50,000 annually to help Salvadorans sent back to El Salvador to “reintegrate” into their communities, under the idea that doing so will make them less likely to seek to return to the United States.
IAF works through a local NGO called INSAMI, which stands for Instituto Salvadoreño del Migrante and which estimates that 500 Salvadorans are deported from the U.S. to El Salvador each week. The group says the IAF funds assist sixty Salvadorans a year, “including deportees,” by helping to “facilitate their reintegration into their communities and support their enterprises.” This is accomplished by “offering financial education, technical advice and assistance with business plans,” all of which serves, in turn, to “assure that broader support and resources are available to the migrants, that their abilities are appreciated, their concerns understood and their needs met.”
Read the rest of the story HERE and view a related video below:

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