America Faces No Greater Threat Than Joe Biden and the Democrat Party. Their Assault to Our Borders Is As Great As Their Assault to Free Speech and Free Elections
Monday, November 2, 2020
GLOBALIST DEMOCRAT KAMALA HARRIS PLEADS FOR MORE ILLEGALS - BIDEN'S AMNESTY FOR 40 MILLION MEX FLAG WAVERS ENABLES THEM TO LEGALLY BRING UP THE REST OF MEXICO
Dow Soars on Election Day, Banking Stocks Lead the Way
The U.S. stock market roared into election day, sending the Dow Jones Industrial Average over 450 points higher.
The Dow climbed by more than 680 points, or around 2.5 percent Tuesday morning, before retreating from their highs.
With two hours of trading left, the Dow is up 460 points, or 1.74 percent. The Nasdaq Composite is up 1.5 percent. The S&P 500 is also up 1.5 percent. The small-cap Russell 2000 is up 2 percent.
Ten of the 11 sectors of the S&P 500 were up. The Energy sector was down 1.2 percent. The Financials sector was the best performing, up 2.3 percent for the day, lead higher by the bank component’s 2.7 percent gain and the consumer finance subsector’s 2.8 percent gain. The KBW Nasdaq Bank Index, which tracks the stocks of the biggest banks, rose 2.5 percent.
Donald Trump’s victory for 2016 set off an explosive rally in stocks, defying widespread predictions that he would lose or that if he won it would cause the market to crash.
Many of the big Wall Street firms have Joe Biden as the runaway favorite to win the presidency, just as they had Hillary Clinton the favorite four years ago. Morgan Stanley said in a note to clients Tuesday that they estimate a 76 percent chance that Biden wins and the Democrats take control of the Senate. They estimate just an eight percent chance that Trump wins and GOP holds the Senate. The Wall Street firm gives just a thirteen percent chance of a mixed result with Biden winning but the GOP holding the Senate.
Biden has raised tens of millions of dollars from Wall Street. During his time as a U.S. Senator from Delaware, Biden earned the nickname “Plastic Joe” for his willingness to promote legislation friendly to credit card issuers, including a law that made it harder for bankrupt customers to get debt relief.
Most analysts think the economy and the stock market could get a big boost if Democrats sweep the election. A unified government would be more likely to quickly pass a stimulus bill, likely giving stocks a short-term boost and ameliorating the drag from new restrictions aimed at stemming the pandemic’s surge.
Biden’s immigration and visa programs would likely import enough workers to ease wage pressure, boosting corporate profits by lowering compensation costs. An increase in foreign workers also generates new customers for U.S. companies, especially U.S. banks and large retailers. Biden is viewed as likely to lift tariffs on China, allowing U.S. companies to send more jobs to cheaper overseas labor markets.
Biden has promised a rush of higher taxes and new regulations, including climate change schemes that would make energy more costly and damage U.S. manufacturing.
Kamala Harris Urges Illegal Migrants to Help Elect Joe Biden
Sen. Kamala Harris promised Sunday to reduce detention space for migrants as she asked an illegal immigrant activist to help Joe Biden win the election.
“I’m undocumented … I can’t vote …What can we do during this election to help make sure that we get you elected?” asked Astrid Silva, who was brought into the United States as a child by her illegal migrant parents.
“You can tell people who can vote what life is like for you now, and what life can be like,” Vice President nominee Harris told the Nevada-based political organizer who runs the pro-amnesty Dream Big Nevada group, adding that:
We are committed to shutting down private detention centers and ending policies that have been about separating children from their parents at the border.
Harris’s comments may be a coded message to would-be illegal migrants and their supportive legal-immigrant relatives.
For example, if implemented, Harris’s promise to start “shutting down private detention centers” could cripple border enforcement. If the enforcement agency does not have commercial prisons to hold detainees prior to their asylum hearings, the agency would be forced to release waves of job-seeking migrants into the U.S. labor market.
Similarly, Harris’s promise to end “policies … about separating children” echoes the media-magnified demand by pro-migration activists that officials release migrant mothers and children when they cross the border. That demand would let migrant families freely travel to relatives — including their illegal migrant husbands and fathers — who are working illegally in the United States.
Last week in Nevada, I caught up with my friend @Astrid_NV, to discuss the Biden-Harris plan for immigration reform and how Dreamers can make a difference in this election.
Like Biden, Harris pushed the Cold War “Nation of Immigrants” claim, even though only about 10 percent of people in the United States are legal immigrants:
We want to have a president who understands we are a nation of immigrants. This is a country that was built and that has derived its strength from immigrants coming here over the generations.
Harris also tried to blur the legal and civic differences between illegal migrants, legal immigrants, and American citizens. For example, she told Silva:
Define who you are, and you tell the world who you are. Don’t let anybody ever put you in a box because they have a limited perspective on who can do what and who can be one.
[…]
We are all in this together. And so, chin up, shoulders back, right? We speak our truth and know that there will always be people applauding and supporting that even if you can’t see them at that one moment, know that there are so many of us who are supporting your leadership and the power of your voice. It’s really important.
Harris also claimed President Donald Trump vilified immigrants: “We’ve seen under the current president the kind of vitriol, the kind of hate, the vilification of immigrants in such a horrible way.”
But a Washington Post poll showed in April that Latinos are the strongest advocates for a near-total halt to legal immigration during the coronavirus epidemic and economic crash.
Biden’s 2020 plan promises to “reassert America’s commitment to asylum-seekers and refugees,” wipe out Trump’s asylum reforms, bar any deportations for 100 days, and end migration enforcement against illegal aliens unless they commit a felony.
Joe Biden’s asylum and open-border policies will destroy the American middle class by releasing millions of foreign migrants into the United States, Stephen Miller told reporters October 28. https://t.co/BaeLSIud7y
Biden also wants to let companies import more visa workers, let mayors import temporary workers, and allow an unlimited flow of foreign graduates through U.S. universities into white-collar jobs. Biden would “exempt from any cap [the] recent graduates of Ph.D. programs in STEM fields.”
Biden also wants to accelerate the inflow of chain migration migrants and dramatically accelerate the inflow of poor refugees to at least 125,000 per year.
“The influx of low wage workers from all across the world will drive down incomes, drive down wages, deplete the middle class, bankrupt Social Security, bankrupt Medicare, bankrupt Medicaid, bankrupt federal entitlements, overcrowd schools, and overcrowd every hospital in the middle of a pandemic,” White House aide Stephen Miller told reporters on October 28.
“It is an assault on reason, it is an assault on law enforcement, and it’s an assault on the very idea of having a country, having a Republic,” Miller added. “This is not about left or right or Center. This is about between having a country, or not even having a country.”
The White House
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