Note no real discussion of the economic ramifications just superficial coverage. The media won't discuss anything not PC

Remittances to Latin America rebound -- except in Mexico

The amount of money U.S. immigrants send to their families in Latin America has more than doubled since 2000, and the cash flow home -- except to Mexico -- has recovered from a considerable drop during the Great Recession, a 13-year survey of remittance trends shows.

For years, remittances have far outpaced foreign aid in helping lift people out of poverty in Latin America, the study released Friday by Pew Research Center notes.

In 2011, remittances totaled $53.1 billion, more than eight times the amount of official aid, the report says.

More than half of those immigrating from Spanish-speaking countries -- 54% -- send part of their U.S. earnings home, and 17% of U.S.-born Latinos also maintain financial lifelines to relatives abroad, the Pew research shows.

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