In New York City, migrants are being offered $10,000 debit cards with no ID check, no restrictions and no fraud control. What could go wrong?
This means that New York City taxpayers, some of the highest taxed people in the world, will be paying to hand out money for free to migrants. As the New York Post puts it, “This debit card program — if you read the actual contract — has the potential to become an open-ended, multibillion-dollar Bermuda Triangle of disappearing, untraceable cash, used for any purpose.
The Post says: “When The Post exposed the mayor’s debit card program earlier this month, the mayor’s office spun it as a money-saving program, to solve a problem: Migrants staying in hotels don’t eat all their food.”
So, they’ll buy New York City food at retail prices? What guarantee is there that they’ll eat all of that?
There are so many problems with this program, it is almost too many to count.
The bank that is providing these credit cards is making $53 million in fees. That does not include the money that the city will then put as a credit on these cards!
