Any careful study of the merits of the issue suggest that the safer gamble between doing nothing or having a $40 billion loan guarantee is the $40 billion loan guarantee. I do not like the option. but that is the reality we face. We are being asked to cosign a note. but there is some security with a note. and if we do not go ahead. the consequences in terms of illegal Immigration. loss of export markets and. simply. the suffering that will take place south of our border are much too clear. Tom Friedman of the New York Times has a column which puts another perspective on this matter that I think also makes sense. He is not interested in bailing out the bankers who hold some of the Mexican bonds. but he is interested in preserving our pension systems. which also hold many of these bonds.
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illegal Immigration