The New York Post broke the story earlier this month, which is designed to replace the city’s previous scheme that provided food and meal kits to immigrants being housed in shelters and hotels.
The influx of migrants has greatly overwhelmed the city. Last month it was reported that roughly 2,000 students in Brooklyn were sent home to do e-learning instead, because Governor Eric Adams decided to temporarily house a flock of immigrants in one of these schools. “The writing was on the wall the minute the city started being inundated with migrants,” said a mother at the time. “It’s disgusting. It should not be put on us taxpayers.”
Nicole Gelinas for The NYP wrote that “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. It will give migrants up to $10,000 each in taxpayer money with no ID check, no restrictions and no fraud control.”
Part of the contract states:
Cardholders will not be subject to ID verification, [and] the city shall be responsible for the accurate delivery [of cards to] consumers. After delivery of [cards] to the city, the city shall be responsible for the security of the [cards] until delivered … to the cardholders.
Cardholders can pay for any goods/services at any business merchant that accepts Mastercard.
Mayor Adams explained the program on February 5th during a routine media release.
Newark-based Mobility Capital Finance (MoCaFi) is the contracted vendor managing the debit card program, which will fill the cards with roughly $12.52 per person, per day, providing to 500 immigrant families.
However, as The NYP points out, this pilot program, taken at face value, nowhere near reaches the initially reported $53 million payout, but rather is around $6 million. Actually, that’s the amount of money MoCaFi is primed to earn per the contract they signed with the city.
As the contract document clearly and explicitly states, over the year’s term, “in exchange for [MoCaFi’s] … performance of the services, the city shall pay to the contractor a total amount not to exceed $53 [million] … in accordance with the scope of services and fees.”
That “scope of services” does not include the money that the migrants actually receive on their debit cards. The city funds the cards — that is, puts money on them — separately. In other words: For a maximum of $53 million, MoCaFi issues blank Mastercards, in bulk.
And for the “service” provided, MoCaFi not only makes money from each card distributed, but gets a 3% fee on the first $50 million the city puts on the cards — that is, $1.5 million. That fee drops, but only slightly, after that first $50 million.
The NYP wrote
Moreover, ‘After stripping out various fees the company gets for printing up the blank cards and such, the city has purposely given itself the flexibility to disburse at least $2.5 billion on these pre-paid debit cards over a year,’ the paper added.
Read the full story for more details here.
AUTHOR COMMENTARY
[43] The stranger that is within thee shall get up above thee very high; and thou shalt come down very low. [44] He shall lend to thee, and thou shalt not lend to him: he shall be the head, and thou shalt be the tail. Deuteronomy 28:43-44
As I have noted many times before, “the curse of the Lord” (Proverbs 3:33) is on this land, and he is fiercely judging this country by allowing it to be flooded with millions upon millions of illegals; and you the American tax cattle, the homeborn slaves of the so-called “land of the free, home of the brave,” gets the ‘distinguished’ honor of paying for it.
And this mechanism will NOT cease, among other curses exacted against this country, as the people of this country refuses to repent; as they are so stubborn, pretentious, arrogant, and willfully ignorant, they refuse to even see why they would ever need to, and are so blinded they refuse to see it.
But the house of Israel will not hearken unto thee; for they will not hearken unto me: for all the house of Israel are impudent and hardhearted.
Ezekiel 3:7 – or in this case, the “house of America”
They will not listen to you or I, just as they refuse to hear the word of the Lord, the King James Bible, and actually take it to heart and do it (James 1:21-24). Therefore, the invitation of illegals coming into this country, and heavily subsidizing them will not stop; and this free Mastercard program is only the beginning.
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
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America is getting what she deserves and more!
Americans, whether Republican or Democrat, a Dumbo or a donkey, they’re going to smart hard for their evil, arrogance, willful ignorance, cruelty, praising the US troops even after learning that these wars are illegal atrocities, rejecting the King James Bible in exchange for their “church family”, watching TV, watching football, playing video games, stuffing their faces sick without thanking God for one bite while millions starve, not giving one care about the millions of babies being butchered by abortion murderers, and singing God Bless the USA.
This immigration “crisis” is actually a deployment in disguise. A lot of them are troops masquerading as refugees.
So will that mean that soon there will be 10,000 debit cards floating around NYC with the name Juan Gonzalez on them?
No, NYC, Free Bee. and don’t forget, I-Phones and plane tickets.
I’m guessing that they will probably provide guns to the illegal immigrants in the States that are allowed to come in specifically to cause chaos: the ones that came in without families, young enough to be able to fight.
If the next President has half a brain, he will be far ahead of Biden, but he sure will have his work cut out for him to undo everything Biden has done to tear down America. In fact, I doubt if he will be able to come close to fixing it cause it’s broken in a million pieces.