Sunday, October 31, 2021

TERRY Mc AULIFEE IS SO CORRUPT THAT JOE BIDEN IS BEHIND HIM 100%

 DEMOCRATS   -  THE PARTY OF BRIBES SUCKERS.


Days later, McAuliffe was charged with accepting an illegal laundered $350,000 contribution from a Sri Lankan businessman. 

Virginia Gubernatorial Race

Terry McAuliffe, who was supposed to be a shoo-in for a second term as governor of Virginia, seems to be in a lot of trouble. Good polls can only measure general sentiment in my view, but all that I’ve seen show that sentiment has rapidly shifted in favor of his opponent Glenn Youngkin. To my mind McAuliffe’s fatal miscalculation was to stand with the teachers’ unions, the obstructive, dictatorial Loudon County school board against the parents. Northern Virginia is heavily populated by tech and professional federal employees who in recent years have tended to vote Democrat, but these are people who can be expected to be concerned with the public school education of their children, and McAuliffe, reflexively tone deaf to such concerns, placed himself perilously on the third rail.

How bad is his campaign going? It could hardly be worse. So few people have turned out in places like Arlington, Virginia, that he’s skipped showing up at the final rallies -- rallies designed to snowball voter support. At one of those rallies. Pharrell Williams, a noted hip hop singer and music producer, told the crowd it’s okay if they vote for Glenn Youngkin -- not something I’d think the rally organizers wanted to hear.

The odious and discredited Lincoln Project tried to help McAuliffe by staging a pretend white nationalist display for Youngkin. I suppose, because they were torn between trying to pay honor to diversity while smearing Youngkin, they included a young black man in the mix of demonstrators, immediately undercutting the message of the scam that this was a white nationalist demonstration. In fact, one of the “white nationalists” was the financial director for Young VA Dems. About the same time this ploy flopped, others reminded voters that McAuliffe had defended the present Democrat governor of Virginia Ralph Northam’s appearance in blackface costume, and it turned out that McAuliffe’s spokesperson (who also worked for the Harris and Biden campaigns) had posted racist tweets in 2012. Just as #MeToo backfired -- this week against New York Governor Andrew Cuomo, now charged with a misdemeanor sexual offense against a staffer -- the cancel culture mining of ancient racist comments is now backfiring against the Democrats who had made this something of a cottage industry.

Days later, McAuliffe was charged with accepting an illegal laundered $350,000 contribution from a Sri Lankan businessman. 

The National Legal and Policy Center is asking the FEC to "promptly investigate" whether the contribution to the Virginia gubernatorial candidate violated federal laws prohibiting campaigns from accepting political donations from foreign nationals.

"Terry McAuliffe has a history of accepting foreign contributions.  The FEC must fully investigate these serious charges that he accepted $350,000 in illegal foreign contributions for his current campaign," said Washington, D.C. attorney, Paul Kamenar, counsel to NLPC, who drafted and filed the complaint with the FEC.

LycaTel LLC, owned by Sri Lankan-British national Allirajah Subaskaran, gave McAuliffe $350,000 in July, the Free Beacon first reported in early October. The company is a New Jersey subsidiary of Subaskaran’s U.K.-based telecom conglomerate, which boasts a complicated web of offshore businesses and has been the subject of tax-fraud and money-laundering charges in France.

(Of course, as you imagine, Northern Virginia voters, whose main source of news is the Washington Post, will know little of such things, as the paper actively supports McAuliffe and buries these stories, so if you know any please send them the link to this.)

If, as I hope, McAuliffe loses, it will mean a gut check for those Democrats heading into a 2022 reelection fight. It tells them that people are sick of this craziness and their own careers are in danger. I expect that since their personal political careers are the first of their interests, self-seeking congressional Democrats will cut their strings to the loonies in the Squad and the Sandernistas.



A MILLION MORE ILLEGALS IN AMERICA'S OPEN BORDERS WHERE THERE ARE A MILLION HOMELESS LEGALS.

Immigration Follies

Thousands of aliens are heading toward the border to join the more than one million who already illegally crossed under this administration, and, almost entirely unvetted, have been transported around the country. Citizens, many of whom jumped through years-long hoops to satisfy what is still immigration law totally ignored by this administration, are incredulous at the latest report, as Roger L. Simon explains:

WASHINGTON -- The Biden administration is in talks to offer immigrant families that were separated during the Trump administration around $450,000 a person in compensation, according to people familiar with the matter, as several agencies work to resolve lawsuits filed on behalf of parents and children who say the government subjected them to lasting psychological trauma.

“The U.S. Departments of Justice, Homeland Security, and Health and Human Services are considering payments that could amount to close to $1 million a family, though the final numbers could shift, the people familiar with the matter said.”

$450,000 a person? This when millions of actual taxpaying American citizens are suffering, barely able to make ends meet during the pandemic, and inflation is on a record pace. Not even Anthony Fauci, allegedly the highest paid government official, makes that much, at least in salary.

Psychological trauma? How about causing psychological trauma to a whole country at once? Never in my life have I heard anything so insane.

Something Big is Coming

Dilbert creator Scott Adams tweeted this week: ”The country’s energy is strange. Everything is amped up in every direction. Something big is coming.” He’s rarely wrong about such things.

Adams said he doesn’t know what that something big is, but I’m hoping it is a major shift in America’s political tectonic plates. I may be looking too hard for it, but I, too, feel it in my bones.

Infrastructure Faceplant

For one thing the wacky spending program the Democrats were proposing and fiddling with seems to have hit the shoals, trapped between the far left and the more moderate senators Kyrsten Sinema and Joe Manchin. Even the leftward Politico cannot spackle over the dilemma, a dilemma that is the only thing preventing Democrats from turning our constitutional republic into a totalitarian socialist economic mess in which only the most authoritarian and corrupt rule over a greatly impoverished citizenry.

For the second time in less than a month, Speaker Nancy Pelosi and her leadership team had to delay a vote on Senate-passed infrastructure bill amid progressive opposition, denying President Joe Biden a much-needed win as Democrats’ bigger, $1.75 trillion social spending plan also remains in limbo.

“I think it’s wholly apparent that today was not a success,” said Virginia Rep. Abigail Spanberger, whose state has a high-stakes gubernatorial showdown Tuesday that Democrats were hoping to boost with the infrastructure vote.

“Because people choose to be obstructionists, we’re not delivering these things to my state or to the rest of the country,” the swing-district Democrat added. “I guess we’ll just wait because apparently failing roads and bridges can just wait in the minds of some people.”

Democrats slunk out of the House chamber embarrassed -- furious at the liberals who dug in and a White House that refused to pressure them to relent -- and openly fretting about the long-term repercussions, given the tough climb they face in the midterms.

Virginia Gubernatorial Race

Terry McAuliffe, who was supposed to be a shoo-in for a second term as governor of Virginia, seems to be in a lot of trouble. Good polls can only measure general sentiment in my view, but all that I’ve seen show that sentiment has rapidly shifted in favor of his opponent Glenn Youngkin. To my mind McAuliffe’s fatal miscalculation was to stand with the teachers’ unions, the obstructive, dictatorial Loudon County school board against the parents. Northern Virginia is heavily populated by tech and professional federal employees who in recent years have tended to vote Democrat, but these are people who can be expected to be concerned with the public school education of their children, and McAuliffe, reflexively tone deaf to such concerns, placed himself perilously on the third rail.

How bad is his campaign going? It could hardly be worse. So few people have turned out in places like Arlington, Virginia, that he’s skipped showing up at the final rallies -- rallies designed to snowball voter support. At one of those rallies. Pharrell Williams, a noted hip hop singer and music producer, told the crowd it’s okay if they vote for Glenn Youngkin -- not something I’d think the rally organizers wanted to hear.

The odious and discredited Lincoln Project tried to help McAuliffe by staging a pretend white nationalist display for Youngkin. I suppose, because they were torn between trying to pay honor to diversity while smearing Youngkin, they included a young black man in the mix of demonstrators, immediately undercutting the message of the scam that this was a white nationalist demonstration. In fact, one of the “white nationalists” was the financial director for Young VA Dems. About the same time this ploy flopped, others reminded voters that McAuliffe had defended the present Democrat governor of Virginia Ralph Northam’s appearance in blackface costume, and it turned out that McAuliffe’s spokesperson (who also worked for the Harris and Biden campaigns) had posted racist tweets in 2012. Just as #MeToo backfired -- this week against New York Governor Andrew Cuomo, now charged with a misdemeanor sexual offense against a staffer -- the cancel culture mining of ancient racist comments is now backfiring against the Democrats who had made this something of a cottage industry.

Days later, McAuliffe was charged with accepting an illegal laundered $350,000 contribution from a Sri Lankan businessman. 

The National Legal and Policy Center is asking the FEC to "promptly investigate" whether the contribution to the Virginia gubernatorial candidate violated federal laws prohibiting campaigns from accepting political donations from foreign nationals.

"Terry McAuliffe has a history of accepting foreign contributions.  The FEC must fully investigate these serious charges that he accepted $350,000 in illegal foreign contributions for his current campaign," said Washington, D.C. attorney, Paul Kamenar, counsel to NLPC, who drafted and filed the complaint with the FEC.

LycaTel LLC, owned by Sri Lankan-British national Allirajah Subaskaran, gave McAuliffe $350,000 in July, the Free Beacon first reported in early October. The company is a New Jersey subsidiary of Subaskaran’s U.K.-based telecom conglomerate, which boasts a complicated web of offshore businesses and has been the subject of tax-fraud and money-laundering charges in France.

(Of course, as you imagine, Northern Virginia voters, whose main source of news is the Washington Post, will know little of such things, as the paper actively supports McAuliffe and buries these stories, so if you know any please send them the link to this.)

If, as I hope, McAuliffe loses, it will mean a gut check for those Democrats heading into a 2022 reelection fight. It tells them that people are sick of this craziness and their own careers are in danger. I expect that since their personal political careers are the first of their interests, self-seeking congressional Democrats will cut their strings to the loonies in the Squad and the Sandernistas.

Changing the Climate

Ostensibly to chat with the Pope about such theological issues as climate change -- apparently the latest religious belief superseding what most people consider Catholicism -- President Biden (who reportedly took 800 staffers with him to the Climate Conference in Glasgow, Scotland) cruised through Rome in an 85-vehicle motorcade.

What more could you ask to show how seriously Biden takes the issue of greenhouse gases and fossil fuels?

Speaking of “serious,” how can you not laugh at a president so stupid that he said, “When you buy an electric vehicle, you can go across America on a single tank of gas figuratively speaking. It’s not gas. You plug it in.” Sure, you do, and you have to plug it in every few hundred miles and wait for hours for it to charge, unless somewhere someone has invented some very very long and sturdy extension cords. And, of course, plugging it in requires electric power from somewhere, and there’s a substantial shortage of it because of the same loony energy policies that are now forcing up gas and electric power prices around the country and the world.

Immigration Follies

Thousands of aliens are heading toward the border to join the more than one million who already illegally crossed under this administration, and, almost entirely unvetted, have been transported around the country. Citizens, many of whom jumped through years-long hoops to satisfy what is still immigration law totally ignored by this administration, are incredulous at the latest report, as Roger L. Simon explains:

WASHINGTON -- The Biden administration is in talks to offer immigrant families that were separated during the Trump administration around $450,000 a person in compensation, according to people familiar with the matter, as several agencies work to resolve lawsuits filed on behalf of parents and children who say the government subjected them to lasting psychological trauma.

“The U.S. Departments of Justice, Homeland Security, and Health and Human Services are considering payments that could amount to close to $1 million a family, though the final numbers could shift, the people familiar with the matter said.”

$450,000 a person? This when millions of actual taxpaying American citizens are suffering, barely able to make ends meet during the pandemic, and inflation is on a record pace. Not even Anthony Fauci, allegedly the highest paid government official, makes that much, at least in salary.

Psychological trauma? How about causing psychological trauma to a whole country at once? Never in my life have I heard anything so insane.

No matter how hard the mainstream press tries to bury such things, ordinary voters cannot miss the fact that the administration’s idiotic policies and tinkering already have resulted in supply shortages, higher prices, higher energy costs and terrible schools that are miseducating their children and undermining parental authority. Just as bad, all this would lead to even higher taxes. They’re waking up and that means to me that the ground is shifting under the Democrats’ feet. That is “something big.”


 “Lower-income households faced sluggish real wage growth, economic insecurity, tighter credit limits, and increasingly unaffordable assets. Higher-income households, on the other hand benefited from the financial asset inflation caused by QE.”


The One Percent

https://www.youtube.com/watch?v=HmlX3fLQrEc

 

 

The Rise Of The Super Rich - Untold Wealth Of The One Percent Documentary 2020

 

https://www.youtube.com/watch?v=TNRwERkZhjs

But business and progressive groups insist that 300 million Americans must subordinate their families to the elites’ goal of importing l0w-wage migrants. “Citizenship Day is a reminder that the job of every single one of us is to ensure that America remains a country worthy of immigrants’ aspirations,” Biden said in a September 17 video.

 

CALIFORNIA ONE THIRD OF U.S. JOBLESS, REAL ESTATE NIGHTMARE OR

DREAM, INVESTING STRATEGY, OIL PRICES

 

https://www.youtube.com/watch?v=WkjTZ2lwM6g

 

Chris Hedges | It's Not The Poor Who Make Revolution

 

https://www.youtube.com/watch?v=VA67xdufl5U

 

Megan McArdle Discusses How America's Elites Are Rigging the Rules - Newsweek/The Daily Beast special correspondent Megan McArdle joins Scott Rasmussen for a discussion on America's new Mandarin class.

 

http://www.rasmussenreports.com/public_content/most_recent_videos/2013_03/megan_mcardle_discusses_how_america_s_elites_are_rigging_the_rules

 

http://mexicanoccupation.blogspot.com/2013/03/obamas-wall-street-and-looting-of.html

 

 

PATRICK BUCHANAN: OBAMA’S ASSAULT  ON AMERICA BEGINS AT OUR BORDERS

 

http://mexicanoccupation.blogspot.com/2015/06/patrick-j-buchanan-when-obama-turned.html

  

OBAMA-BIDENOMICS FOR THE RICH

Study: Elite Zip Codes Thrived in Obama Recovery, Rural America Left Behind


https://www.breitbart.com/politics/2018/12/10/study-elite-zip-codes-thrived-in-obama-recovery-rural-america-left-behind/

4:49

Wealthy cities and elite zip codes thrived under the slow-moving economic recovery of President Obama while rural American communities were left behind, a study reveals.

ITS WORSE THAN I SAID, WEALTH GAP DEEPENS, STOCK BROKERS SELL TRADERS DATA + CARGO CRISIS UPDATE

https://www.youtube.com/watch?v=QWypJ3fVH6Y

 

Goodbye Middle Class: 50 Percent Of All U.S. Workers Made $34,612.04 Or Less Last Year

 

https://www.youtube.com/watch?v=ScyKgUtyqV0

 

RECESSION? ONLY FOR THE RICH. FOR THE REST OF US IT IS CLEARLY A DEPRESSION!

ARE YOU FEELING THE RECESSION? ECONOMIST WARN IT'S HERE NOW, PANIC BUYING, HOME PRICES OUT OF REACH

https://www.youtube.com/watch?v=YmXD-BePT7A

 

The Great Resignation: Why Millions Of Workers Are Quitting


https://www.youtube.com/watch?v=1hKXEEUElO8

  

Why Are Millions Of Americans Quitting Their Jobs And Not Getting New Ones?

 

https://www.youtube.com/watch?v=Z5NkrkQltUQ

  

Ryan Grim: 4.3 Million Workers Just Told Their Bosses To Shove It

 

https://www.youtube.com/watch?v=2JIpEi8nh4k

 

GOODBYE MIDDLE CLASS - U.S. WORKERS ARE BROKE - SERIOUS FINANCIAL PROBLEMS - SURVIVING ON LOW WAGES

https://www.youtube.com/watch?v=0M_nq1aMZ9M

 

 Zillow STOPS Buying. Housing Crash NEXT?

 

https://www.youtube.com/watch?v=BdCK9RKng1Q

 

THE ECONOMY WILL HIT A WALL, LEGENDARY INVESTOR WARNS, NEXT FINANCIAL CRISIS

HOME FLIPPERS BEWARE


https://www.youtube.com/watch?v=X-i5BfUNa6w

 

Idaho feels impact of drug trafficking from border

 https://www.youtube.com/watch?v=pFiTwBf6HwI

 

Gov. Abbott blasts Biden's 'catastrophic open border policies' for migrant crisis

https://www.youtube.com/watch?v=tXTlDlhWfHM

 

IS THE BIDEN REGIME AS 'LAWLESS' AS THE BANKSTER REGIME OF BARACK OBAMA, JOE BIDEN AND ERIC HOLDER?

Gingrich accuses Biden administration of 'rejecting' reality

 

https://www.youtube.com/watch?v=VikaR607-C4

  

America's Fate: Oligarchy or Autocracy.

https://www.youtube.com/watch?v=jS-7Cymfg_I&t=346s

 

CALIFORNIA JOBLESS SURGE, AMERICAN AIRLINES ON LIFE SUPPORT, ECONOMIC COLLAPSE NEWS

 https://www.youtube.com/watch?v=0kKxUeHdjQg

 

 CALIFORNIA IN MELTDOWN

 UNCERTAIN TIMES AHEAD AS ECONOMIC DESTRUCTION CONTINUES - INFLATION GETS

WORSE - RESTAURANTS CLOSING

 

https://www.youtube.com/watch?v=Hz2cOBcNG8o

  

FINANCIAL ENDGAME FOR UNPREPARED AMERICANS - ECONOMIC NIGHTMARE IS NOW

REAL - FED WILL NOT SAVE YOU


https://www.youtube.com/watch?v=tHNa239EDvg

 

 Neofascist seizure of America’s state governments

https://www.youtube.com/watch?v=bJnzA-ZvXt8

 

US records lowest growth rate in pandemic “recovery”

The latest data from the US Commerce Department, showing gross domestic product grew at an annual rate of only 2 percent in the third quarter, down from 6.7 percent over the previous three months, is part of a global trend.

The US slowdown comes in the wake of lower growth in China, where third quarter growth fell to 4.9 percent year on year—an increase of only 0.2 percent on the previous three months—and the announcement earlier this week by the German government that it was cutting its forecast for growth this year from 3.5 percent to 2.6 percent.

Trader Robert Arciero works on the floor of the New York Stock Exchange, Tuesday, Aug. 10, 2021. (AP Photo/Richard Drew, File)

This means that the world’s first, second and fourth largest economies respectively have all reported lower growth this month.

The situation is no better in the world’s third largest where the Bank of Japan this week revised down its growth estimate for the year to March 2022 from 3.8 percent to 3.4 percent. Over the longer term it said potential economic growth was “around zero or slightly positive.”

The US growth figure of 2 percent in seasonally adjusted terms was the lowest since the recovery from the pandemic recession and was well below economists’ forecasts of a 2.7 percent increase.

The main factor in the decline was the fall in consumer spending which rose at an annual rate of just 1.6 percent for the quarter compared to an increase of 12 percent in the second. Behind this was a 9.6 percent decline in consumer goods purchases which has been attributed to supply chain problems.

New vehicle sales fell by an annual rate of 68.1 percent, furniture sales dropped by 15.4 percent and sales of household appliances were down 17.7 percent. Services spending rose at an annual rate of 7.9 percent compared to an annual increase of 11.5 percent in the previous quarter.

Business spending on capital equipment also showed a decline. It fell at an annual rate of 3.2 percent in the September quarter, largely because of reductions in spending on technical equipment and transportation.

As the US economy shows signs of slowing, inflation continues to rise. The consumer price index rose by 5.4 percent in September and shows no sign of abating. When prices began to rise as a result of increased commodity prices, particularly for oil and energy, and as a result of supply chain problems, Fed chair Jerome Powell insisted the surge would be “transitory.”

But confronted with economic reality, Powell has had to adjust his assessment. Speaking at a virtual conference last week, he said: “Supply-side constraints have gotten worse. The risks are clearly now to longer and more persistent bottlenecks, and thus to higher inflation.”

The Fed’s greatest concern is that the rising inflation will further fuel the developing upsurge in the working class. Powell repeated previous assurances to Wall Street that “no one should doubt that we will use our tools to guide inflation back down to 2 percent.”

The surge in inflation and the development of bottlenecks across the economy is being blamed on the effects of the pandemic.

But a different perspective was provided in a comment piece published in the Financial Times earlier this month by Jeff Currie, the head of commodities research at Goldman Sachs.

He wrote that apart from some labour issues the present bottlenecks “have little to do with COVID.” The roots of the “commodity crunch,” he continued, could be “traced back to the aftermath of the financial crisis and the following decade of falling returns and chronic under-investment” in what he called the old economy.

This was a direct result of the policies pursued after the global financial crisis of 2008 when the Fed, via its quantitative easing (QE) program, supported financial markets.

“Lower-income households faced sluggish real wage growth, economic insecurity, tighter credit limits, and increasingly unaffordable assets. Higher-income households, on the other hand benefited from the financial asset inflation caused by QE.”

This disparity in incomes hit the old economy hard. As lower-income demand fell so longer-term investment declined “in favour of short-cycle ‘new economy’ in investment in areas such as technology.” Currie did not refer to it, but he could have pointed to the massive amounts of capital that were diverted to speculation on stocks and other financial assets as well as share buybacks.

His conclusion was that “as infrastructure aged and investment waned, so did the old economy’s ability to supply and deliver the commodities underpinning many finished goods” and, after years of neglect, phenomena such as rising gas prices and copper shortfalls could be described as its “revenge.”

The European economy is also being gripped by the same forces—rising inflation and supply bottlenecks. In her press conference following a meeting of the European Central Bank’s governing council on Thursday, ECB president Christine Lagarde acknowledged these factors would remain longer than expected.

She maintained, however, that price rises were temporary as she pushed back against pressure to raise interest rates. At 4.1 percent, the annual rate of inflation in the euro zone is at its highest level in 13 years and in Germany it reached 4.6 percent this month, the highest since 1993.

In Spain the inflation surge is even stronger with prices rising at an annual rate of 5.5 percent in October, the biggest increase in almost three decades and a full percentage point above predictions by economists.

Rising energy prices, which have gone up by 18.6 percent, according to the German statistical agency, are cited as the main reason for the overall surge in consumer prices.

Lagarde said the ECB’s discussions have been focused on “inflation, inflation, inflation” and the governing council had done a lot of “soul searching” to test its analysis that it would subside.

Financial markets are already pricing in higher levels. However, Lagarde said the ECB analysis did not support raising interest rates next year “nor anytime soon thereafter.”

This stand is being driven by the fear that any interest rate rise could choke off the recovery in the euro area economy. Lagarde said while the economy continued to recover “strongly,” momentum had “moderated to some extent.”

Despite the ECB’s efforts to maintain stimulation, it may be overwhelmed by market movements. Questioned about ECB policy in the light of moves for rate tightening by the Canadian, New Zealand and UK central banks, Lagarde said such comparison were “odious” and the outlook was different in Europe.

As she spoke, financial markets, increasingly sceptical of the claim that inflation is a passing phase, were giving a different message. A comment in Bloomberg noted that the yields on five-year Italian bonds have surged in the past weeks and reached their highest level in more than a year.

The ECB, like other central banks, seeks to give the impression that it has the economy in hand but the surge in inflation, the result of forces beyond its control, is making that much more difficult.


CLINTON – OBAMA – TRUMPERNOMICS:

STEAL FROM THE AMERICAN MIDDLE-CLASS and

HAND IT TO THE SUPER RICH ON A SILVER

PLATTER!

http://mexicanoccupation.blogspot.com/2018/05/clinton-obama-trumpernomics-rich-get.html

 "The Wealth-X report shows that the world’s billionaire population has grown by 15 percent, to 2,754 people, since 2016, and that the wealth of these billionaires “surged by 24 percent to a record level of $9.2 trillion,” equivalent to 12 percent of the gross domestic product of the entire planet."

 The legislation has been shaped entirely by the class interests of the capitalist ruling elite, which demands both a continued supply of cash from the Treasury and a stepped-up supply of low-wage labor in the midst of the pandemic. In the course of these “negotiations,” measures that provide subsidies to businesses or promote the entry of more workers into the labor force have advanced, while measures that cost business money, sustain working people while they are not actively employed, or simply improve their lives, have been killed.

Biden opened the border, flooding our nation with millions of unemployed, unvetted, often terribly sick people who have no knowledge of or respect for our institutions.  Most plan to get the welfare and health care Biden promised.  Nothing stops terrorists and serious criminals, including killers; rapists; pedophiles; and traffickers of women, children, and drugs.  America receives no benefit from opening our border to impoverished, illiterate people from over 120 countries.  To add insult to injury, while Americans are being destroyed over the vaccine mandate, illegal aliens need not be vaccinated.

Biden’s ‘Build Back Better’ Budget Includes $80B Wealth Transfer to Illegal Aliens

ROMA, TEXAS - JUNE 17: Immigrants seeking asylum walk to be processed and taken to a border patrol processing facility after crossing the Rio Grande into the United States on June 17, 2021 in Roma, Texas. A surge of mostly Central American immigrants crossing into the United States has challenged …
Brandon Bell/Getty Images
3:16

President Joe Biden’s “Build Back Better Act,” a filibuster-proof $1.75 trillion budget reconciliation package, includes an $80 billion wealth transfer from Americans to illegal aliens via child tax credits.

This week, Democrats unveiled a reconciliation package that they negotiated with the Biden administration that would extend the Child Tax Credit (CTC) for another year and deliver billions of dollars to illegal aliens who would be able to claim the tax credit without ever having to work.

Specifically, as Breitbart News reported, estimates project that, if passed, the budget would provide illegal aliens with about $80 billion in child tax credits over the course of a decade — a massive cost to American taxpayers who would have to foot the bill. Analysis by the Center for Immigration Studies explains:

We estimate that illegal immigrants will receive $8.2 billion in payments from the new program annually — more than triple what they were eligible for under the old [Additional Child Tax Credit] — while legal immigrants will receive $17.2 billion. The 10-year cost just for illegal immigrants would total roughly $80 billion.

(Center for Immigration Studies)

(Center for Immigration Studies)

About 63 percent of immigrant-headed families, including illegal and legal immigrant households, with children would receive the tax credits. Meanwhile, 52 percent of native-born American families with children would get the tax credits.

Similarly, illegal aliens would score the highest tax credit payments under the plan, getting more than $5,100, while legal immigrants would secure $4,800 payments and native-born Americans would get $4,600.

Democrats and the Biden administration are pushing the plan despite opposition from most Americans. A Morning Consult survey this month found that 52 percent of registered voters are opposed to making permanent Biden’s expanded child tax credits. Just 35 percent, the survey shows, want the tax credits to be made permanent.

Likewise, a majority of 53 percent of swing voters said they oppose making the tax credits permanent and less than 3-in-10 said they want them to be made permanent. About 70 percent of Republican voters said they are opposed to the tax credits becoming permanent, while just 21 percent said the opposite.

With non-college-educated voters, a vital working class demographic for both parties, 53 percent said they are opposed to making the tax credits permanent, while 32 percent said they want the tax credits made permanent.

Already, the most recent research estimates that illegal immigration to the U.S. costs American taxpayers about $134 billion annually. The research suggests that each illegal alien costs taxpayers about $9,300 every year.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.

Report: Biden Considers Paying Border Crossers $450K Each in Reparations

MCALLEN, TX - JUNE 12: Central American asylum seekers wait as U.S. Border Patrol agents take groups of them into custody on June 12, 2018 near McAllen, Texas. The families were then sent to a U.S. Customs and Border Protection (CBP) processing center for possible separation. U.S. border authorities are …
John Moore/Getty Images
4:25

President Joe Biden’s administration is considering a plan that would give border crossers, who were subjected to former President Donald Trump’s “Zero Tolerance” policy, about $450,000 each in a reparations-style payout.

Trump had instituted the Zero Tolerance policy at the United States-Mexico border in 2018 to reduce illegal immigration. The policy, as Breitbart News reported at the time, had been effective since at least before 2001.

As a result of the policy, adult border crossers were often put into separate holding facilities from the children they arrived with at the southern border. Since then, the border crossers who were subjected to the policy have sued the federal government.

The Biden administration, the Wall Street Journal reveals, is now weighing whether to provide those border crossers with $450,000 each as part of a payout in the lawsuits filed.

In some instances, a migrant family could secure about $1 million from such a payout, more than some of the American families received following the September 11, 2001 terrorist attacks. The payout, overall, could cost American taxpayers more than $1 billion.

The Journal reports:

The Biden administration is in talks to offer immigrant families that were separated during the Trump administration around $450,000 a person in compensation, according to people familiar with the matter, as several agencies work to resolve lawsuits filed on behalf of parents and children who say the government subjected them to lasting psychological trauma. [Emphasis added]

The U.S. Departments of Justice, Homeland Security, and Health and Human Services are considering payments that could amount to close to $1 million a family, though the final numbers could shift, the people familiar with the matter said. Most of the families that crossed the border illegally from Mexico to seek asylum in the U.S. included one parent and one child, the people said. Many families would likely get smaller payouts, depending on their circumstances, the people said. [Emphasis added]

In another instance, a Department of Homeland Security attorney involved in the settlement talks complained on a conference call that the payouts could amount to more than some families of 9/11 victims received, one person said. Other people said senior departmental officials were in alignment on the amount and disputed the 9/11 comparison, given that the U.S. government hadn’t been responsible for the Sept. 11, 2001, terrorist attacks. The 9/11 victim compensation fund averaged awards to the dead of around $2 million, tax-free, at the time an unprecedented payout, the administrator of the fund has said. [Emphasis added]

“It would be unthinkable to pay damages to a burglar who broke into your home for the ‘psychological trauma’ they endured during the crime,” Sen. Tom Cotton (R-AR) said in a statement. “And yet the Biden administration wants to reward migrants who illegally entered our country with up to $450,000 each for just that reason.”

“The Biden administration’s promises of citizenship and entitlement programs have already caused the worst border crisis in history — a huge cash reward will make it even worse. This is the height of insanity,” Cotton said.

In their lawsuits, border crossers allege that their separation from the children they arrived with at the U.S.-Mexico border spurred mental health issues and trauma that they have struggled to overcome.

Lawyers for the border crossers want around $3.4 million per family unit.

Such settlements have occurred in recent years. For example, in June 2019, a family of Honduran border crossers won $125,000 in damages after they filed a lawsuit claiming the federal government had mistreated them when holding them in detention facilities.

In May, reports circulated that as part of such a settlement with border crossers subjected to the Zero Tolerance policy, the Biden administration would fly deported illegal aliens back to the U.S. and provide them with amnesty to remain in the country, as well as payments and social services.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.


Labor Costs Rise at Record Pace But Workers Still Lose Out To Inflation

US President Joe Biden waves as he boards Air Force One at Andrews Air Force Base before departing for Italy and the United Kingdom on October 28, 2021 at Joint Base Andrews, Maryland. - President Biden is traveling to the G20 summit in Rome and COP26 in Glasgow. (Photo by …
Photo by BRENDAN SMIALOWSKI/AFP via Getty Images
2:45

The cost of employing the average U.S. worker increased at the fastest pace on record in the third quarter, data from the Labor Department showed Friday.

But workers are still losing out to inflation on an annual basis.

The employment cost index jumped 1.3 percent from the prior quarter, according to Labor Department data released Friday. The gauge increased 3.7 percent from a year earlier.

Wages and salaries, which make up 70 percent of overall compensation, increased 4.2 percent for the 12-month period ending in September 2021, a big acceleration from the 12-month period ending a year ago. Compared with the second quarter, wages were up 1.3 percent.  The cost of benefits rose 2.5 percent compared with 12 months ago, and 0.9 percent compared with the second quarter.

The Consumer Price Index, the Labor Department’s inflation metric, rose up 5.4 percent over the 12 months ending in September. Another measure of inflation, which gauges the changes in prices paid by wage earners and clerical workers, was up 5.9 percent.

The Department of Labor said wages and salaries fell 1.1 percent compared with a year ago after adjusting for inflation, which it does by comparing non-seasonally adjusted CPI for all urban consumers with unadjusted ECI.

A silver lining: inflation-adjusted wage costs rose six-tenths of a percentage point compared with the prior quarter, according to the Department of Labor. Overall compensation was up four-tenths of a percentage point. So even though workers are still behind on an annual basis, they regained some ground in the July through September period.

Economists had forecast a smaller rise in compensation costs of 0.9 percent for the quarter and 3.7 percent annually.

Compensation costs for workers in the private sector increased 4.1 percent over the year. Wages were up 4.6 percent and benefit costs up 2.6 percent.

Annual compensation cost increases ranged from 3.2 percent for management, professional, and related occupations to 6.1 percent for service occupations. Construction worker compensation rose three percent compared with a year ago. Leisure and hospitality compensation costs jumped 6.9 percent. Transportation and materials shipping workers were paid 5.7 percent more. The cost of employing workers in manufacturing rose 4.5 percent.

No comments: