EL Chapo Funded Wall?

PUBLISHED: 6:10 PM 13 Feb 2019

El Chapo Guilty! $14 Billion Question Could Depend On One Law

Legislation introduced in 2017 could transfer $14 billion in drug proceeds to the U.S. for border wall construction.

El Chapo is guilty, now the only question is how to spend the $14 billion.

Mexico’s most notorious, slimy drug kingpin, Joaquin “El Chapo” Guzman, has been found guilty of all the counts against him and will be spending the rest of his life behind bars.

But, who will get to spend his ill-gotten $14 billion?

That’s the question everyone has been asking since yesterday. The United States seized the money, and at least one republican knows exactly what should be done with it: Build the Wall.

Ted Cruz introduced legislation in 2017 appropriately entitled the Ensuring Lawful Collection of Hidden Assets to Provide Order (EL CHAPO) Act.

It would allocate that drug money to pay for a border wall between the U.S. and Mexico.

“Fourteen billion dollars will go a long way toward building a wall that will keep Americans safe and hinder the illegal flow of drugs, weapons, and individuals across our southern border,” Cruz said in a statement.

“Ensuring the safety and security of Texans is one of my top priorities,” he added.

Cruz argued that employing criminally forfeited assets from El Chapo and other Mexican cartel members and drug dealers can “offset the wall’s cost and make meaningful progress toward achieving President Trump’s stated border security objectives.”

Most people agree wholeheartedly.

“The U.S. Government is currently seeking the criminal forfeiture of more than $14 billion in drug proceeds and illicit profits from El Chapo, the former leader of the Sinaloa drug cartel who was recently extradited to the U.S. to face criminal prosecution for numerous alleged drug-related crimes, including conspiracy to commit murder and money laundering,” Cruz added.

Senator Cruz isn’t the only one planning to take the drug money and use it to protect America. Wisconsin Rep. Jim Sensenbrenner proposed similar legislation in the House.

“This is a way to fulfill the president’s desire to have Mexico pay for the wall,” Sensenbrenner, a member of the Judiciary Committee, told the Washington Examiner.

“Having the money seized from Mexican drug cartels would mean that the bad Mexicans would end up paying for the wall, and [stop] the bad Mexicans [who] have been terrorizing the good Mexicans with crime and kidnappings and murders within Mexico itself…

“The [Drug Enforcement Agency] has estimated that the gross receipts of the Mexican drug trade somewhere between $19-$29 billion a year,” he said. “We don’t have to be 100 percent efficient to get the the money we need to completely pay for the wall relatively quickly.”

El Chapo’s $14 billion would fund well over half of the proposed wall along the southern border between the U.S. and Mexico, and help build a barrier that would prevent not only illegal invaders from coming, but also many of the drugs that are transported using trucks.