For those of us who have contact with people in
other countries and in their own language, we must from time to time,
put up with, “Why is there so much ignorance about other people in the
US?” So I fully expected to get hit with the question again while
during a telephone interview with a Mexico City company executive, he
mentioned a CNN program, but instead of the expected question, he
commented that there was little doubt but that in the US we have the
best sit-com programs in the world. The program? Lou Dobbs.
I chuckled at the idea. I think of Dobbs as an
entertainer, never as a journalist, though he would very much like to
be considered one. When he switched his money-advice program that was
not going anywhere, over to far out exaggerations, accusations blaming
the government of a sell out and illegal immigrants of all the other
ills in the nation, his ranting won over an audience eager to find
escape goats and “strangers” they could love to hate. I assumed then,
as I do now, that Dobbs is an opportunistic entertainer driving
ratings up.
I had never thought of Dobb’s program as a
sit-com. But by golly, the Mexican is right – it had better be a
sit-com, as the alternative as to why Dobbs is popular would really
mean there is a lot of ignorance.
Think about his last raving – a pizzeria in Texas
is accepting Mexican pesos for payment! This is national news? This
challenges our national sovereignty? This is a sell out? This
encourages illegal immigration?
Come on, this is funny or really, really
ignorant. Fortunately, the Mexican executive thought it funny. It was
the joke of the day in his office and at lunch with some friends.
Dobbs has no intention of having his program
viewed as a sit-com and that he is dead serious in thinking he found
one more tidbit that will keep his ratings high. So the question
really is – does he truly believe what he says?
Here is Dobbs sitting with that puffy patronizing
look of disgust at the situation – pizza-for-pesos in the USofA of all
places – how much more can the nation take? Where is our government in
all this? How can Texans allow such repugnant business behavior? How
can pizza be so desecrated? How many Mexicans will be motivated to
cross into the US illegally so they can use their pesos instead of
dollars?
If you don’t think that’s funny, then let’s take
a look at the ignorance.
Foreigners come to the US on a daily basis, walk
into a bank or money exchange service business and exchange their
country’s money for dollars. So if they can, why can’t other
businesses? There is no law prohibiting businesses from doing so.
Americans living along the border, be it Canada
or Mexico, know that crossing from the US into either country they can
use dollars instead of Canadian dollars or Mexican pesos. Businesses
of all types accept dollars but at an exchange that is favorable to
the business. Those businesses make a few extra cents or dollars by
accepting US dollars.
The same goes for American businesses along
either border. Canadians or Mexicans often use their currency to pay
for goods or services at favorable to the businesses exchange rates.
They too make a few cents or dollars on top of their sale. Foreign
money is deposited in a US bank where credit is given to the business
account based on that day’s exchange rate, so the bank makes money on
the exchange rate. The customer who uses his country’s money is the
one that pays the extra, not the business and most certainly not the
US taxpayer.
The Texas pizzeria who accepted the pesos charged
more in pesos than it would be paying in dollars. Say the pizza is $10
and that the peso to dollar exchange at a bank is $11 pesos for a
dollar. The pizzeria charges the customer $14 pesos, $3 pesos over the
exchange rate. He collects $140 pesos and when depositing in his bank
is credited with $12.60 dollars. He made an extra $2.60 for
accommodating a client who didn’t have dollars to pay. In the future,
the client will either exchange his pesos into dollars at more
favorable exchange rates before going to the pizzeria or continue to
pay additionally for not doing so.