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Tuesday, April 13, 2004

Immigrant Cabbies

The New York Times carries a story about New York City taxicab drivers, many of them immigrants, who are trying to get a piece of the American Dream:

So, for the last few weeks, Mr. Salazar, a voluble Ecuadorean immigrant who keeps pictures of his daughter and a niece on his dashboard, has been scrambling to come up with $25,000, down payment on a dream he has long been nursing — buying his own medallion.

Hundreds of drivers in the city, many of them struggling immigrants like Mr. Salazar, have been doing the same, conferring with their banks, cajoling relatives and checking their savings, in preparation for a rare city auction this month of taxi medallions, which are expected to fetch more than $250,000 apiece.

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