Wednesday, December 8, 2021

BIDENOMICS - HOW JOE BIDEN FINISHED OFF THE AMERICAN MIDDLE CLASS - BUT ISN'T THAT WHY WALL STREET ANNOINTED HIM?

 

WILL YOU SURVIVE WHEN THE ECONOMIC BUBBLE BUSTS? STOCK BUYBACKS, COMPANIES SURVIVE ON EASY MONEY

https://www.youtube.com/watch?v=CQlnm7bnIoU

Exclusive–Mo Brooks: ‘Masters of the Universe’ Want More Immigration to ‘Decrease Incomes of Americans’

 https://www.breitbart.com/politics/2019/03/10/exclusive-mo-brooks-masters-universe-want-more-immigration-decrease-incomes-americans/


Great Resignation: Quits Remain Near Record High

Rustic sign in restaurant window during time of Covid stating restaurant is understaffed and is hiring in a struggling economy, showing the plight of small businesses in the post-pandemic economy.
Getty images
2:14

Americans quit their jobs in extremely high numbers in October, data from the Labor Department showed Wednesday.

The total number of workers who quit their jobs in October was 4.2 million, the third-highest on record. The record high was the previous month, when 4.4 million quit. In August, 4.3 million Americans quit jobs.

The figures come from the Labor Department’s monthly Job Openings and Labor Turnover Survey. Quits are defined as a worker voluntarily leaving a job. These have been at historically elevated levels since this summer.

Economists are not quite sure why the high quits phenomenon, which has been dubbed the Great Resignation, is taking place. Competition for workers among employers has heated up, making it easier for a worker to quit with confidence that a better job awaits.  Some Americans may also be leaving jobs that require vaccinations or masks or are perceived as posing a higher risk of Covid-infection.

Quits in accommodation and food services fell to 803,000, from 838,000 a month earlier. This is the third-highest level of quits for this sector. The record high was hit in August at 867,000. Six percent of workers in the sector quit their jobs in October, the fourth-highest rate on record and nearly two percentage points above the long-term average.

 

Job openings continued to climb even while hiring remained flat. Openings rose by 431,000 to 11 million, a record high. Openings in restaurants and hotels rose by 254,000 to 1.6 million, the second-highest on record after 1.7 million.

Hires were more or less unchanged at 6.5 million.

The unusually high level of quits may contribute to the renewed sense of urgency among Fed officials to tighten monetary policy. It indicates that the labor market remains tight and could contribute to higher inflation. The high level of quits could also exacerbate shortages in the economy and supply chain problems.


The merger spotlights the close alliance between the stock-market investors who fund advocacy for mass migration, and the hourly-rate professionals who facilitate the population transfer, responded Mark Krikorian, director of the Center for Immigration Studies.

Exclusive–Mo Brooks: ‘Masters of the Universe’ Want More Immigration to ‘Decrease Incomes of Americans’

 https://www.breitbart.com/politics/2019/03/10/exclusive-mo-brooks-masters-universe-want-more-immigration-decrease-incomes-americans/

 

 Rep. Mo Brooks (R-AL) says the “Masters of the Universe” want more legal immigration to the United States to further diminish the incomes of American working and middle-class families.

In an exclusive interview with SiriusXM Patriot’s Breitbart News Tonight, Brooks said recent demands to increase the number of foreign workers coming to the U.S. to compete against American citizens for jobs is merely an effort by corporations to deplete the earnings of Americans.

Brooks said:

I’m not a part of the Masters of the Universe crowd who thinks we ought to be bringing in all this foreign labor and the reason for it is pure economics. This is the chance for Americans and lawful immigrants who are already here who are working in the blue-collar trades, who are working in the places where wages are not as high they ought to be, this is their chance to prosper. [Emphasis added]

And to the extent you import a lot of foreign labor, then you are artificially increasing the labor supply which in turn means that you’re artificially suppressing the wages of American families who are often hard-pressed to make ends meet So I respectfully disagree that we need more foreign labor, to the contrary, I would like to see us reduce the foreign labor that comes into America so that American families who are struggling to make ends meet, particularly those of us who are earning the least amounts, would be better to take care of their own families and less likely to be dependent on the welfare. [Emphasis added]

Brooks said Democrats support for mass legal immigration is centered on the premise that increasing the number of foreign workers in the U.S. will decrease Americans’ wages, thus forcing many into poverty and becoming welfare recipients. This, Brooks said, is how Democrats create a permanent dependent class of Democrat voters.

“Don’t get me wrong, [Democrats] want to decrease the incomes of Americans so that they’re dependent on welfare,” Brooks said.

That makes them in turn likely Democrat voters and the best way to do that is to have a huge surge in the labor supply, particularly illegal aliens, that will depress their wages therefore creating more Democrats who are dependent on welfare at the same time as they bring in illegal aliens who also under Democrat doctrine will be allowed to vote and those types of voters, they’re also dependent on welfare. [Emphasis added]

“About 70 percent of illegal alien households are on welfare … plus this is a bloc of voters that seems unusually susceptible to the racial divisions that the Democrats advance,” Brooks said. “You have to look at the big picture in all of this, and to me, we should not be importing as much foreign labor as we are. We should be helping the least among us earn more and importing foreign labor that suppresses wages is not the way to do that.”

Currently, the U.S. admits more than 1.2 legal immigrants annually, with the vast majority deriving from chain migration, whereby newly naturalized citizens can bring an unlimited number of foreign relatives to the country. In 2017, the foreign-born population reached a record high of 44.5 million.

The U.S. is on track to import about 15 million new foreign-born voters in the next two decades should current legal immigration levels continue. Those 15 million new foreign-born voters include about eight million who will arrive in the country through chain migration, where newly naturalized citizens can bring an unlimited number of foreign relatives to the country.

Breitbart News Tonight broadcasts live on SiriusXM Patriot Channel 125 from 9:00 p.m. to Midnight Eastern (6:00 p.m.-9:00 p.m. Pacific). 

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder

Big Tech CEOs Beg Biden: Let Silicon Valley Outsource More American Jobs

WASHINGTON, DC - DECEMBER 06: U.S. President Joe Biden delivers remarks about the Build Back Better legislation's new rules around prescription drug prices in the East Room of the White House on December 06, 2021 in Washington, DC. According to the White House, the legislation will lower the costs of …
Chip Somodevilla/Getty Images/TechNet
4:46

Executives for the largest multinational tech corporations are lobbying President Joe Biden to expand legal immigration levels so they can outsource more American jobs as a fix to the so-called “talent shortage” in the United States.

Silicon Valley, California, executives with the group TechNet issued a report this month in which they call on the Biden administration to “increase high-skilled immigration across the country,” which means increasing the number of foreign workers available to corporations.

The executives claim there are not enough “high-skilled” Americans to take jobs in the science, technology, engineering, and mathematics (STEM) fields even as hundreds of thousands of American graduates enter the workforce every year while American professionals hunt for high-paying STEM jobs.

Rather than pulling Americans off the sidelines of the labor market, the executives write that Biden ought to open more foreign worker pipelines to corporations, specifically with the often abused H-1B visa program:

Immigration reform is crucial to America’s greater economy, especially as it pertains to the technology sector, an industry that employs a vast plurality of high-skilled immigrants. However, H-1B visa guidelines have not changed in 14 years, despite an exponential increase in the size and scope of the tech industry. [Emphasis added]

For years, Breitbart News has chronicled the abuses against American workers as a result of the H-1B visa program.

There are about 650,000 H-1B visa foreign workers in the U.S. at any given moment. Americans are often laid off in the process and forced to train their foreign replacements, as highlighted by Breitbart News.

The executives note their support for a massive green card giveaway scheme, passed in the House in 2019 by 140 Republicans and 224 House Democrats, which would have rewarded the biggest tech corporations for decades of outsourcing American jobs to foreign H-1B visa workers.

The green card giveaway, executives write, should be a “starting point” for Congress to expand legal immigration levels overall:

The bill aimed to increase the per-country cap for family-based immigrant visas and eliminate the per-country cap on employment-based visas, but it ultimately failed as there were issues with reconciling multiple versions of the bill. President Biden’s U.S. Citizenship Actof 2021 includes similar provisions in the larger bill. While the entirety of his immigration agenda may lack bipartisan appeal, eliminating the cap on employment-based visas remains a realistic, important goal and represents a starting point from which bipartisan efforts can work to encourage increased high-skilled immigration. [Emphasis added]

Rep. John Curtis (R-UT) issued a statement in support of TechNet’s wishes to increase legal immigration levels for the benefit of tech corporations, also claiming that there are not enough Americans with high-skilled talents.

“We must work to fix our broken immigration system and connect workers with industries most in need across the country,” Curtis said. “Fixing the talent shortage that exists will help businesses expand and compete globally.”

Curtis was one of the House Republicans who voted for the green card giveaway in 2019.

The push by executives with TechNet comes as Biden and Democrats are hoping to provide Silicon Valley with an unlimited stream of foreign workers, with whom American professionals would be forced to compete, as part of their “Build Back Better Act.”

The plan would allow corporations to utilize an expanded foreign worker pipeline through the employment-based green card system even as hundreds of thousands of American professionals and graduates seek out STEM jobs.

Breitbart News has reviewed lobbying records that detail the lobbying campaign on the part of corporate giants like Amazon, Facebook, Intuit Inc, AT&T, Verizon, Hewlett Packard Enterprise, Alphabet, Deloitte, the Microsoft Corporation, IBM, Accenture, JPMorgan Chase, Citigroup, and the Intel Corporation — all of whom would benefit significantly from the expanded foreign worker pipeline.

The corporations, as listed, file thousands of petitions to the federal government every year to secure employment-based green cards for their foreign visa workers who, more often than not, arrive in the U.S. through the H-1B visa program.

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

 In today's election, yours is a choice between freedom and globalism

 

By Mark Christian

I know something about both freedom and globalism.  What I know is that you cannot have both, which is why I immigrated to America, the world's last stronghold of freedom. 

In the way of background, I grew up in a prominent Muslim family in Egypt and became an imam at an early age.  Like Christianity, Islam is a global religion.  Unlike Christianity, Islam imposes an imperial global vision on true believers and denies them freedom of thought and movement.

Progressive globalism does much the same.  Although Islam and progressivism would seem to have nothing in common, they do share one overriding goal: the need to crush traditional American Christianity, the one obstacle to world dominance in either case.  At some point, Islam and progressivism will part ways, but for now, they are content to "coexist."

Progressive leaders turn a blind eye to the slaughter of Christians at a church in France or the shooting of a priest in another church or the beheading of a French teacher for daring to show a picture of Mohammed, the prophet of Islam.  In countries like France, leftists have been responsible for as much church vandalism as Muslims, maybe more.  For now, the left and Islam are allies.  The result of the failed immigration policies and the rabid push of atheism by most European governments has made their combined mayhem possible.

The mayhem has been papered over with lies, which is why Joe Biden makes such a perfect front man for the global elites.  Biden has lied about almost everything in his life.  Where to begin?

Biden lied about his undergraduate degree and his majors, lied about his rank in law school, lied  aboutscholarships and educational aid he had  received, lied about his stance toward the Vietnam  war while in college, lied about his plagiarism of  other politician's writings and speeches, lied about  the circumstances around his first wife's fatal  accident, lied about how he met his second and  current wife, and lied about the affair they were  having when they were both married.

 

Joe Biden is the embodiment of the dark side of American politics.

When the Vietnam war ended, and our troops needed funding to evacuate gracefully, Joe Biden stood in the way.  His obstruction led to Saigon's fall and the disgraceful flight of American troops and personnel off the American embassy's rooftop in Vietnam.

When President Ford pleaded with Congress to help the Vietnamese refugees, the ones who were aiding Americans during the war, Joe Biden stood in the way.  Even though many of these refugees were orphan children, Joe Biden called them criminals and prostitutes on the Senate floor.

Most recently and dramatically, Biden lied about his knowledge of his son's shady dealings,  lied about his own involvement in corruption and bribery, and lied about his current presidential agenda and what he wants to implement in regards to energy, fracking, court-packing, health care, education, and COVID among other issues.

Biden has lied about so much that I am not sure if he ever told the truth or is now even capable of doing so.  Thanks to Big Tech's and Big Media's suppression of his record, he can present himself as a man of character and high morals.  We must feel sorry for the multitude of gullible Americans who believe him.

Do not be a fool and believe for a second that the elites hate Trump because of his tweets or because he is allegedly a sexist, a rapist, a racist, or a foreign agent.  Nor do they hate him because of the pandemic death toll.

In reality, the elites hate Trump because of "YOU," because you elected a man they did not nominate and could not control.  I have never seen global anticipation for an American election like this one.  The world is watching.  The progressive and Islamic elites are pulling for Biden, but lovers of freedom all over the world are quietly cheering for Trump.  If you have yet to vote, be sure to vote today and give them something to cheer about.

Image: Biden the globalist by Andrea Widburg.

Likewise, the Biden-Harris plan for national immigration policy — which seeks to drive up legal and illegal immigration levels to their highest levels in decades — offers a flooded labor market with low wages for U.S. workers and increased bargaining power for big business that has long been supported by Wall Street.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.

 

Holiday Bonus: Better.com CEO Vishal Garg Fires 900+ Employees over Zoom

Better.com CEO Vishal Garg
Better.com
2:08

Vishal Garg, the CEO of digital mortgage company Better.com, recently fired more than 900 employees via a single Zoom meeting last week, which is about 15 percent of the company’s workforce. Garg later accused “at least 250” staffers of working just two hours a day.

Business Insider reports that Vishal Garg, the founder and CEO of digital mortgage company Better.com, laid off more than 900 people over Zoom last week. Garg accused “at least 250” of the fired staffers of stealing from the company by working just two hours a day.

According to a post on a site called Blind viewed by Fortune, Garg wrote: “You guys know that at least 250 of the people terminated were working an average of 2 hours a day while clocking in 8 hours+ a day in the payroll system? They were stealing from you and stealing from our customers who pay the bills that pay our bills. Get educated.”

Garg has confirmed that he was behind the Blind message, adding: “I think they could have been phrased differently, but honestly the sentiment is there.” Shortly after firing over 900 employees, Garg addressed the company in a live stream in which he laid out a vision of what he referred to as “Better2.0,” with a “leaner, meaner, hungrier workforce.”

Garg stated that he wanted to grow Better Real Estate 10 to 100 times larger than it currently is. He warned that workers could expect stricter deadlines and more attentive management also. “If you felt in the past that people weren’t looking — well, everyone is looking now,” Garg said.

Garg told Fortune in an interview that terminated employees who felt they “actually had great performance,” should reach out to the company as the majority of firings were done on a performance basis.

Read more at Business Insider here.

Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan or contact via secure email at the address lucasnolan@protonmail.com

Bloomberg, Migration Lawyers, Merge Advocacy

michael bloomberg
AFP/Getty Images
5:20

Mike Bloomberg’s pro-migration advocacy group is merging with the advocacy spinoff of the American Immigration Lawyers Association.

The merger spotlights the close alliance between the stock-market investors who fund advocacy for mass migration, and the hourly-rate professionals who facilitate the population transfer, responded Mark Krikorian, director of the Center for Immigration Studies.

Individual immigration lawyers may well rationalize their defense of individual immigrants as being unrelated to the broader push by the wealthy to pry open the borders. But each individual snowflake in an avalanche isn’t intending any harm either … [so] even pro-bono immigration lawyers trying to obstruct the deportation of an illegal immigrant are, objectively speaking, serving the interests of Michael Bloomberg.

‘This is a class issue and the advocates for mass immigration are, objectively speaking, agents of the upper class,” he added.

The merger was announced December 6 by Jeremy Robbins, the long-standing director of Bloomberg’s pro-business New American Economy lobbying group:

I’m Jeremy Robbins, and I’m so pleased to announce that at the end of this year, the American Immigration Council [AIC] and New American Economy will merge. Together, we’ll create something unique and critical for the immigration movement — an organization that will empower newcomers to America. From the moment they arrive to the moment they become American citizens, promoting full belonging for immigrants, and making America as a whole a more successful, more resilient, and more dynamic country.

America’s history is laid clear, investing in newcomers is an investment in America as a whole. There are many obstacles to realizing our vision of a more welcoming country, but together with your support, we’re better prepared than we’ve ever been to make progress on behalf of immigrants on behalf of America as a whole.

Notably, Robbins did not try to argue that immigration is good for individual Americans but instead claims that immigration is good for “America as a whole. ”

That phrase hides the reality that mass migration is good for investors, government, employers, and migrants, but bad for the many sidelined Americans who are pushed into unemployment and homelessness by the flood of imported migrants.

The American Immigration Council is an advocacy group created in 1987 by the immigration lawyers’ association.

Bloomberg founded the NAE group in 2013 to help push the “Gang of Eight” amnesty through Congress. His partners included Fox News owner Rupert Murdoch and a battalion of Democratic and GOP politicians. The group was checkmated by GOP voters in 2014, and put on the defensive by the 2016 election of Donald Trump to the White House.

The group also rallied for Bloomberg when he ran for the Democratic nomination to the presidency in 2020.

Breitbart News has extensively covered Bloomberg’s effort to import more consumers, renters, and workers. “This country needs more immigrants and we should be out looking for immigrants,” regardless of Americans’ needs, Bloomberg told the San Diego Union-Tribune on January 5.:

For those who need an oboe player for a symphony, we want the best one. We need a striker for a soccer team, we want to get the best one. We want a farmworker, we want to get the best one. A computer programmer, we want to get the best one. So we should be out looking for more immigrants.

Bloomberg’s group also worked closely with FWD.us, an advocacy group funded by Mark Zuckerberg’s money, which also funds many supposedly grass-roots advocacy groups. Other wealthy investors, such as George Soros, Laurene Powell Jobs, and Microsoft president Brad Smith also spend much of their wealth on advocacy for more migration.

The NAE-AIC merger “takes away the pretense of separate interests” between investors and migration lawyers, Krikorian said, adding:

This is something that the broader public, and specifically lawmakers and media, need to understand — that broadly the [political] left and the corporate right are allied on immigration.

This is not really a right/left issue. This is an up/down issue, and those pushing for high immigration and loose enforcement are servants of [Wall Street] capital.

The federal government’s support for migration is an economic policy. It moves wealth from employees to employers, from families to investors, from young to old, from children to their parents, from homebuyers to investors, from technology to stoop labor.

The extraction migration pulls young people from poor countries and settles them in the major coastal states. That population shift moves wealth from heartland red states to the coastal blue states, and within large states, it also helps move wealth and status from GOP rural districts to Democrat cities.

Immigration radicalizes Americans’ democratic, compromise-promoting civic culture, allows elites to ignore major political dilemmas, and also to forget about despairing Americans at the bottom of society.

 

Surprise! Report Shows Global Elites Got Richer During Coronavirus Pandemic

There's money in misery, a study affirmed Tuesday, as it revealed the share of household wealth owned by global billionaires soared by a record amount during the coronavirus pandemic. Millionaires were not far behind.
Freestocks via Unsplash
3:06

There’s money in misery, a study affirmed Tuesday, as it revealed the share of household wealth owned by billionaires soared by a record amount during the global coronavirus pandemic. Millionaires were not far behind.

Reuters outlines the World Inequality Report produced by a network of social scientists estimated billionaires over the past 12 months collectively own 3.5 percent of global household wealth, up from slightly above two percent at the start of the pandemic in early 2020.

“The COVID crisis has exacerbated inequalities between the very wealthy and the rest of the population,” lead author Lucas Chancel said, noting rich economies used massive fiscal support to mitigate the sharp rises in poverty seen elsewhere.

At the same time the rich got richer, the pandemic pushed about 100 million people into extreme poverty, raising the global total to 711 million in 2021, World Bank estimate quoted in the analysis estimated.

Even more people would have fallen into poverty had many developed nations not enacted relief efforts to shield their residents from the financial fallout from the Covid-19 pandemic.

The report tackles a variety of specialist research and public domain data, with a foreword written by U.S.-based economists Abhijit Banerjee and Esther Duflo, two of the trio who won a 2019 Nobel Prize for work on poverty.

The findings corroborate a range of existing studies, “rich lists” and other evidence pointing to a rise in health, social, gender and racial inequalities during the pandemic, Reuters reports.

It also confirmed that for most of those who belong on global rich lists, life has gone on pretty much as normal for the past 18 months while everyone else was forced into lockdown as they were lectured over coronavirus and told to stay at home.

The World Inequality Report is based on more than four years of work by more than 100 researchers around the globe.

Meanwhile Forbes’ annual world’s billionaires list this year included a record-breaking 2,755 billionaires with a combined worth of $13.1 trillion, up from $8 trillion last year.

The new report showed a wider group of 520,000 adults who make up the top 0.01 percent richest together saw their share of global wealth hit 11 percent this year, up from ten percent the year before.

A woman takes a selfie as two hostesses walk past yachts at the Hercules Port in Monaco on September 22, 2021, during the 30th edition of the International Monaco Yacht Show. (VALERY HACHE/AFP via Getty Images)

Analysts say some super-rich have benefited from the shift online of much of the world’s economy during lockdowns, while others simply gained from rising asset prices as financial markets bet on the speed and shape of the global recovery.

The study also found while poverty increased sharply in countries with weaker welfare coverage, massive government support in the U.S. and Europe was able to mitigate at least some of that impact on lower earners there through job subsidies and social support.


Analysis: Biden’s Amnesty to Cost Americans Nearly $500B Over 20 Years

Migrants from Colombia cross the United States and Mexico border to turn themselves over to authorities on May 13, 2021 in Yuma, Arizona. - Apprehensions of undocumented immigrants at the US border with Mexico rose to a fresh 15-year high in April as the Biden administration failed to deter migrants, …
Alex Wong/RINGO CHIU/AFP via Getty Images
2:35

A plan by President Joe Biden to give amnesty to millions of illegal aliens would cost American taxpayers nearly $500 billion over the course of two decades, a new analysis reveals.

Late last month, House Democrats passed the filibuster-proof “Build Back Better” reconciliation package which includes an amnesty for nearly seven million illegal aliens. Effectively, millions of illegal aliens would be able to secure parole through the legislation and thus be shielded from deportation while gaining work permits to compete against working class Americans for jobs.

new analysis by the Center for Immigration Studies (CIS) states that over a 20-year period, the amnesty will cost American taxpayers more than $483 billion, based on figures from the Congressional Budget Office (CBO).

CIS

Center for Immigration Studies

CIS Director of Research Steven Camarota writes that much of the cost is a result of the amnesty’s opening a number of federal welfare programs to illegal aliens:

The primary reason a parole amnesty would result in large new expenditures according to the CBO is that amnesty recipients would be able to receive Affordable Care Act subsidies, Medicaid, the Earned Income and Child Tax Credits, the Supplemental Nutrition Assistance Program (SNAP, often called food stamps), Social Security, and Medicare to a much greater extent than they would without legal status. [Emphasis added]

Though providing a look into the fiscal cost of the amnesty plan, the CBO figures do not factor in the millions to billions in lost wages and jobs that such a plan may have as illegal aliens would be legally allowed to compete for jobs against Americans.

Specifically, the amnesty would allow illegal aliens to obtain work permits, driver’s licenses, and documents to travel abroad for at least a decade so long as they can prove that they have been residing in the United States since 2010.

Every year, 1.2 million legal immigrants receive green cards to permanently resettle in the U.S. In addition, 1.4 million foreign nationals are given visas to take American jobs. On top of legal immigration levels, federal officials expect that more than two million illegal aliens will have tried to cross into the U.S., many successfully, in the last year.

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

Democrats Wobble on Visa Giveaway to Zuckerberg’s Fortune 500

WASHINGTON, DC - APRIL 10: Facebook co-founder, Chairman and CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce committee hearing in the Hart Senate Office Building on Capitol Hill April 10, 2018 in Washington, DC. Zuckerberg, 33, was called to testify after it was reported that 87 million …
Alex Wong/Getty Images
6:40

Democratic Senators are suggesting they may block the huge green card giveaway to Fortune 500 investors in the Build Back Better bill, if the Senate’s parliamentarian rejects their parole amnesty for 6.5 million illegal migrants.

Democrats will decide whether or not to push the historic visa giveaway once they get an answer back from the parliamentarian, Sen. Bob Menendez (D-NJ) told Bloomberg news. “It all depends on how it’s structured and what else we get,” he said.

The underlying problem is that the parliamentarian might block the parole amnesty — yet also support the visa giveaways. That outcome could leave the Democrats supporting a huge white-collar jobs transfer to the Fortune 500’s imported workers — but without amnestying for blue-collar migrants.

The Associated Press

Sen. Robert Menendez, D-N.J., speaks during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act on Capitol Hill, Tuesday, Sept. 28, 2021 in Washington. (Kevin Dietsch/Pool via AP)

That outcome would display the progressive Democrats as shills for Wall Street’s greedy investors — and as too feeble to win the noble-seeming prize of citizenship for poor, non-white migrants.

“If they lose the parole piece, do they keep the green card giveaway in there?” a Hill staffer told Breitbart News. “It would be really bad politics for them to not get their amnesty but be giving this big green card giveaway to businesses.”

“It would be the height of irony that all of our efforts on immigration would be to help business and not help people who are undocumented,” Menendez told Bloomberg.

Early this year, Menendez threatened business groups if they did not support the Democrats’ voter-creating amnesty policies:

We need the high-tech community — who will benefit from the reforms we are proposing — to be advocates of the overall reform movement. We need those who need the H-1B and [H]-2B visas in the business community to be advocates of overall reform. What we cannot have is only being an advocate for the simple niche that takes care of your economic issue, but doesn’t resolve the overall question of the 11 million.

When we join together — those and so much more — we can achieve the [amnesty] goal because then those senators and those members of the House who represent large agricultural interests in their districts and state, those who represent high-tech interests in their state, those who represent some of the [H-2B] critical workers — whether it be in the seafood industry in the meatpacking industry or whatnot — who need that work …  so that people understand that this is something worthy of putting their [political] capital [on].

Amnesties are supported by most business groups. But amnesties do not add to the total number of workers, renters, or consumers in the United States, but do empower the Democrats’ government-before-business coalition.

So the business groups prefer new laws that expand the inflow of cheap, powerless, subordinate, and disposable visa workers — such as F-1 graduates and H-1B workers. They want those workers to replace the progressives’ peers, the free-speaking American graduates in American business.

Business lobbying ensured that the House version of the BBB bill allows the Fortune 500 — and their myriad subcontractors — to import an unlimited number of college F-1 visa workers with dangled offers of green cards and citizenship instead of American-level salaries.  The change would dramatically expand the current rules which allow the companies and their contractors to keep roughly one million visa workers in a wide variety of professional jobs that would otherwise go to Democrat-voting college graduates.

This rivalry between investors and progressives has been recognized by Indian visa workers who work for the Fortune 500 and also are lobbing to get green cards for themselves and their families:

The parliamentarian has already shot down two amnesty plans from the Democrats, on the grounds that policy riders are not allowed in the fast-track, 50-vote, reconciliation spending bill.

But the Fortune 500’s lobbyists say they will keep going back to the parliamentarian until she says yes to one of their proposals.

“Just remember this process is iterative,” said a December 1 tweet from Alida Garcia, a top lobbyist at Mark and Priscilla Zuckerberg’s pro-migration group, FWD.us. “What comes back is refined clarity on what next step is – not the beginning or end.”

MOUNTAIN VIEW, CALIFORNIA - NOVEMBER 03: (L-R) Priscilla Chan and Mark Zuckerberg attend the 2020 Breakthrough Prize Red Carpet at NASA Ames Research Center on November 03, 2019 in Mountain View, California. (Photo by Ian Tuttle/Getty Images for Breakthrough Prize )

Priscilla Chan and Mark Zuckerberg attend the 2020 Breakthrough Prize Red Carpet at NASA Ames Research Center on November 03, 2019 in Mountain View, California. (Photo by Ian Tuttle/Getty Images for Breakthrough Prize )

The investors at FWD.us are leading the 2021 amnesty push, especially the green card giveaway elements.

But “they’re getting right up against Christmas Day, so they’ve got two real legislative weeks left,” said the Hill source.

The Democrats’ stalled effort to get rid of the Senate’s filibuster rule is also reinforcing their efforts to get an amnesty, the source said:

It really seemed like they were going to try for amnesty, but if they didn’t get their first option, then they were just going to do enough — like a college try — to make it sound like they put their backs into it but couldn’t quite get it through. Then … they would use [the amnesty failure] as fodder for their push to limit the [60-vote] filibuster.

I think they’re realizing that they’re not going to be able to get rid of the filibuster, and so they see this [“iterative” strategy] as their only other option to really get to really get this [amnesty] done.

“They’re very convinced that actually getting an amnesty of some sort is going to be key to them getting a mid-term victory next year,” the source said.

FWD.us and other pro-migration groups are touting push polls to declare that the Democrat’s far-left base will fail to vote in 2022 if they do not get an amnesty.

But many national polls show that few Democrats view amnesty as a top issue, compared to climate, coronavirus, and the economy.  Just four out of 285 Democrats polled in August said “immigration” is a top problem, according to an August 24 statement from Gallup.

Many polls show that labor migration is deeply unpopular because it damages ordinary Americans’ career opportunities, cuts their wages, and raises their rents. Migration also curbs Americans’ productivity, shrinks their political clout, widens regional wealth gapsradicalizes their democratic, compromise-promoting civic culture, and allows elites to ignore despairing Americans at the bottom of society.

For many years, a wide variety of pollsters have shown deep and broad opposition to labor migration and the inflow of  temporary contract workers into jobs sought by young U.S. graduates. This opposition is multiracialcross-sexnon-racistclass-basedbipartisanrationalpersistent, and recognizes the solidarity Americans owe to each other.

LAWYER JOE BIDEN AND HIS BANKSTERS.... THEY'RE NEVER FAR APART!

President-elect Joe Biden has reportedly selected Brian Deese (LAWYER), an executive at the Wall Street investment firm BlackRock, as director of the National Economic Council, according to several major news outlets. “In his new post, which doesn’t require Senate confirmation, Mr. Deese will play a lead role in implementing Mr. Biden’s economic agenda,” the Wall Street Journal wrote Monday.

“But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.”

"Along with Obama (LAWYER) Biden (LAWYER), Pelosi and  Schumer (LAWYER) are responsible for incalculable damage done  to this country over the eight years of that administration."                              PATRICIA McCARTHY 

Add the Banksters’ rent boy Eric Holder (LAWYER) and the up and coming Swamp Empress Kamala Harris (LAWYER)…but keep counting….(LAWYER) Brian Deese, Obama-Biden’s loot-for-Wall Street guy.

THESE BRIBES SUCKERS REALLY THINK WE'RE A PACK OF FOOLS!

If Yellen and Power really cared about corruption and saving democracy, they would go after their boss

The Washington Post has published an opinion piece from Janet Yellen and Samantha Power that says that to save democracy the U.S must fight global corruption. It had to be a satire because they work for a man who has been knowingly corrupt for a long time and they obviously don’t care.

To uphold democracy, the U.S. must fight global corruption

Opinion ●  Opinion by Janet L. Yellen and Samantha Power

Around the world, in countries as varied as Russia, Venezuela and China, the wealthy and the well-connected launder their assets through complex networks of shell companies or transactions involving art, real estate and, occasionally, cryptocurrencies. Sometimes those gains are ill-gotten and sometimes they are legitimately earned but illicitly hidden to evade taxes. But what links all corrupt acts is that they take resources from citizens, undermine public trust and — ultimately — threaten the progress of those who fight for democracy.

The media, corrupt, politicized Justice Department, Jen Psaki, members of the Biden Administration and other Democrats have known for a long time that Biden and his family are corrupt and they don’t care, either. 

They know that Hunter Biden repeatedly rode on Air Force Two with his dad as he went around the world collecting kickbacks for his family connections.  And they don’t care.

They have seen evidence that Joe was very involved with the deals, and lied when he said he had never discussed Hunter’s business dealings and they don’t care.

They have seen evidence that Hunter got millions from Ukraine, Russia and China and they don’t care. 

They have seen evidence that Joe shared a bank account with Hunter and Hunter used money to pay Joe’s bills and they don’t care. 

They clearly know that Hunter’s art works would not be worth as much if Joe wasn’t President and they don’t care who buys them. 

They don’t even care that Biden blackmailed Ukraine, with $1 billion of taxpayer money, if they didn’t fire a prosecutor looking into corruption of a company giving millions in kickbacks to Hunter for a no-show job.

But the media and other Democrats impeached Trump for wanting to investigate the clear corruption. Do Yellen and Power want to look into that corruption? 

The media never cared about the Hunter laptop. They buried the story with fake claims that it was Russian misinformation because they were campaigning for Biden. They couldn’t afford for the public to see the truth. 

Of course, the same people never cared when the Clinton family was taking massive kickbacks while they were in power. 

Hillary could commit as many crimes as she wanted, and they would still support her for President. 

It is easy to tell that the donations to the Clinton Foundation and high speech fees were kickbacks for political favors because the donations and speeches dried up as soon as she had nothing to trade.

The media know that the Obama/Biden Justice Department and IRS were corrupt and politicized as they targeted political opponents instead of criminals and tax cheats but they don’t care.

The DOJ targets parents instead of corrupt politicians. They sue states like Texas for their election maps but don’t go after Illinois. They target Republican states for election integrity laws but never cared that election officials in Democrat run states routinely violated state election laws.

It is no wonder that there is rampant corruption and crime throughout the country when most of the media supports corrupt politicians and politicians who are soft on crime as long as they are pushing the leftist’s agenda to remake or destroy America.

If Yellen and Power really cared about corruption, they would go after Biden and Hillary, but they support them.

What do you call journalists who support corrupt politicians and even bury truthful stories to hide the corruption from the public? Wouldn’t enemies of the American people be appropriate?


Let’s Go, Brandon Store Opens in Blue Massachusetts

President Joe Biden responds to a question about the U.S. border as he speaks in the State Dinning Room of the White House, Saturday, Nov. 6, 2021, in Washington. (AP Photo/Alex Brandon)
AP Photo/Alex Brandon
1:23

A store selling “Let’s Go, Brandon” merchandise has opened in deep blue North Attleborough, Massachusetts, selling anti-Biden items including hats, shirts, and signs.

The phrase became famous after NBC Sports reporter Kelli Stavast told her audience that a crowd of NASCAR fans at the Talladega Superspeedway were chanting “Let’s go, Brandon,” when they were actually chanting “F*ck Joe Biden.”


"Along with Obama (LAWYER) Biden (LAWYER), Pelosi and  Schumer (LAWYER) are responsible for incalculable damage done  to this country over the eight years of that administration."             PATRICIA McCARTHY 

Add the Banksters’ rent boy Eric Holder (LAWYER) and the up and coming Swamp Empress Kamala Harris (LAWYER)…but keep counting….(LAWYER) Brian Deese, Obama-Biden’s loot-for-Wall Street guy.


“He was presumably referring to the two dozen agency review team officials who come from law firms like Arnold & Porter. Or to the 40 or so members of the Biden transition who are current or recent lobbyists.”

Biden’s Newest Welfare Benefit: Taxpayer-Funded Lawsuits

 By Stewart Whitson | December 7, 2021 | 12:42pm EST
 
 

Joe Biden speaks at a campaign event. (Photo credit: JIM WATSON/AFP via Getty Images)
Joe Biden speaks at a campaign event. (Photo credit: JIM WATSON/AFP via Getty Images)

Americans across the country are working overtime, covering shifts, and manning multiple positions to pick up the slack during our worker shortage crisis. Prices are going up. It’s getting harder to keep gas in the tank and put food on the table. Many Americans are tired and at the end of their rope.

And what is President Joe Biden’s response? He’s taking more money out of their pockets and giving it to wealthy left-wing lawyers to fund a barrage of frivolous lawsuits supporting the growing list of welfare programs American workers are already forced to finance — the very programs keeping their former colleagues at home.

Given the Biden Administration’s recent unprecedented and unlawful expansion of welfare, it’s not surprising that the president has announced the creation of yet another welfare benefit: civil legal services.

This new policy will lead to a wave of costly lawsuits conveniently attacking states with whom the president is at odds, and benefiting only the current administration and its lackeys while harming those it claims to help.

President Ronald Reagan said, “we should measure welfare’s success by how many people leave welfare, not by how many people are added.” Yet the current administration seems set on adding as many people as possible and fighting anyone who stands in the way.

Under the guise of “expanding access to justice,” a group co-chaired by Attorney General Merrick Garland and White House Counsel Dana Remus has been created. They have already released a new report titled, “Access to Justice in the Age of COVID-19.” The report outlines their plan to increase access to taxpayer-funded attorneys to help address what the administration characterizes as “major national challenges.”

The title of the report is telling.

In the eyes of the current administration, we are in “the Age of COVID-19,” a new reality with no clear end in sight. One can only hope that the “COVID Age” won’t outlast the other ages that have come before it — the Bronze Age lasted 1,500 years.

As many Americans are seeing firsthand, one of the most pressing COVID-19 challenges in America today is the plummeting labor force participation rate — that is, folks in the work force.  That rate is now the lowest it has been in 45 years. And you can be certain that free government lawyers charged with keeping people on welfare isn’t going to fix that problem. It’s going to make it worse.

Governors and state legislatures across the country, recognizing the economic harms caused by lockdowns, mandates, and other draconian measures, will need to step up even more to halt the handouts where they can. States like Florida, under the leadership of Governor DeSantis, have experienced firsthand the economic benefits of helping people return to work.

In response to a slew of court decisions that have begun to push back against the administration’s unilateral welfare expansion efforts and unconstitutional overreach, the president will raise an army of federally funded, left-wing lawyers to wage battle in the courts.

Here’s how the president’s plan will work. Federal taxpayer dollars will be directed by the Biden Administration to legal aid groups aligned with the president with instructions to use those funds to bring lawsuits against states, and even landlords and employers, to strongarm them into providing welfare benefits they would otherwise deny. According to the group’s report, these benefits will include more stimulus checks, unemployment benefits, rental and mortgage assistance, consumer debt relief, and more.

But his plan raises serious concerns.

From where will the funding needed to pay for this plan come, and with which groups, specifically, will the Biden Administration “strategically” collaborate? What other “major national challenges” will the administration task this new army of lawyers to tackle through costly litigation? 

The answers to these questions remain unclear.

As Americans grapple with the challenges of inflation and a worker shortage crisis, the Biden Administration continues to find ways to make matters worse. If President Reagan was right, that the proper measure for the success of a welfare program is the number of people the program helps to free from government dependence, then President Biden’s newest welfare benefit is a clear, dismal failure.

Stewart Whitson is a legal affairs fellow at the Foundation for Government Accountability.


Hauser also didn’t like the prevalence of Big Law talent on the Department of Justice team, which signaled to him that the Biden administration could go soft on corporate malefactors. 

BLOG EDITOR: WHAT WOULD WE DO WITHOUT THE PARASITE LAWYERS?!?

“But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.”

Big Tech and Big Law dominate Biden transition teams, tempering progressive hopes

Alexander Nazaryan administration takes office in January.

WASHINGTON — For six years, Brandon Belford worked as an economic policy adviser to President Barack Obama in the White House and federal agencies. He moved to the Bay Area when Donald Trump became president, part of a massive flight of Obama officials from Washington to Silicon Valley, Wall Street and Hollywood. He took high-ranking positions with Apple and then Lyft, where he is currently the ride-sharing company’s chief of staff.

Now Belford is back, as part of one of the “transition teams” named by President-elect Joe Biden to restock a federal government that has been battered after four years of Trump by hiring new officials and advising the incoming administration on what its first governing steps should be. 

Those steps could be timid, judging by the composition of those teams, where Obama-era centrism prevails. That has some progressives worried that Biden represents nothing more than a return to normal, at a time when many of them believe the nation is ready to embrace policy ideas well to the left of center. 

“The status quo is killing us,” says former Bernie Sanders press secretary Briahna Joy Gray, who now hosts a podcast called “Bad Faith.” 

Belford is joined by dozens of other Democratic

operatives who have spent the past four years

working at prestigious law firms and think tanks.

On these “agency review teams” are high-ranking

executives from Amazon, partners at white-shoe

law firms like Covington & Burling and enough

experts from D.C. center-left think tanks —

including six from the Brookings Institution alone

— to fill a center-left think tank.

Progressives knew this was coming. “I am very concerned about the role Uber executives would play in this administration,” Rep. Alexandria Ocasio-Cortez D-N.Y., told Yahoo News. Even though she also effusively praised the appointment of Ron Klain as the incoming White House chief of staff, Ocasio-Cortez vowed that corporate America would not “pull the wool over our eyes” when it came to crafting the Biden presidency.

Some have put it less bluntly. “Biden’s transition

team is full of wealthy corporate executives who

are completely disconnected from the struggles of

the working class,” complains left-leaning activist

Ryan Knight, whose Twitter handle is

@ProudSocialist. 

App-based drivers from Uber and Lyft protest in a caravan in front of City Hall in Los Angeles on October 22, 2020 where elected leaders hold a conference urging voters to reject on the November 3 election, Proposition 22, that would classify app-based drivers as independent contractors and not employees or agents. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)More

He was presumably referring to the two dozen agency review team officials who come from law firms like Arnold & Porter. Or to the 40 or so members of the Biden transition who are current or recent lobbyists.

The agency review teams are not exactly settling into their cubicles just yet. For one, President Trump has not yet conceded the election, and the transition has been hindered in part by Republican operatives at the General Services Administration. And agency review is an enormously complex process, one that actually began months ago. The transition teams are supposed to ensure a “smooth transfer of power,” in large part by making sure that capable officials are ready to get to work in their respective agencies the moment Biden lifts his hand from the Lincoln Bible.

Speaking on the condition of anonymity, one member of the Biden campaign working on agency-related matters says teams were primarily tasked with surveying the landscape of the federal bureaucracy. She says that the transition teams would make some hiring recommendations, but only as a secondary function.

With a single exception, the agency review team members mentioned in this article did not respond to requests for comment.

One with a typically impressive biography is that of Aneesh Chopra, who served as the U.S. chief technology officer for Obama before starting his own medical data logistics company, CareJourney. Now he is on the transition team for the U.S. Postal Service, where he will presumably work to undo the alleged damage by another logistics maven: Trump appointee Louis DeJoy.  

Of course, most progressives are glad that there’s a Biden transition to speak of, instead of a second Trump term. But they also recognize their own role in the Democratic candidate’s victory.

“Everyone fell into line and did everything they could to get Joe Biden elected,” says Max Berger, a progressive activist who worked for Elizabeth Warren’s presidential campaign and Justice Democrats, the group that helped elect Ocasio-Cortez to the House in 2018. 

Berger recognizes that progressives will be a “junior partner” to the establishment Democrats with whom Biden has been ideologically and temperamentally aligned for a good half-century. They want to be partners all the same, not just the loyal opposition.

Many are cheered by some of the agency review teams. For one, they are notably more diverse, a stark contrast to Trump’s reliance on white males for so much of his advice. On the transition team for the National Aeronautics and Space Administration is Jedidah Isler, the Dartmouth professor who in 2014 became the first Black woman to earn a doctorate in astrophysics from Yale. The transition team for the Small Business Administration includes Jorge Silva Puras, a political leader in Puerto Rico who also teaches entrepreneurship at a community college in the Bronx. 

“The presence of labor officials throughout many of the groups is notable,” says David Dayen, executive editor of the American Prospect. In the Department of Education team, for example, are several executives from the American Federation of Teachers.

He called the Federal Reserve and Treasury teams “all-stars,” a sentiment shared by other progressives interviewed for this article. On the Treasury team is Mehrsa Baradaran, a progressive economist who has written on the racial wealth gap. She is also on the Federal Reserve team, along with Reena Aggarwal, a corporate governance expert.

Progressive strategist Elizabeth Spiers says the finance-related teams are not “not quite Elizabeth Warren levels of aggressiveness but also not stuffed with finance people.” Biden’s advisers appear to have learned the lessons of his former boss. During Obama’s first year, he relied on banking executives to help quell the financial crisis. They did so in ways that steered the new president away from progressive proposals, such as nationalizing those very same banks

There is not a single current executive from Citibank or Goldman Sachs on any of the transition teams. Bank of America has also been shut out. JPMorgan can boast a single toehold in the agency review process: Lisa Sawyer of the Pentagon team. A spokesman for JPMorgan told Yahoo News that the bank was “following the appropriate election laws” and that Sawyer was “not on an agency review team that will touch any banking issues.”

“I think the Biden administration is going to be surprising to progressives in some ways and disappointing in others, and the agency review teams reflect that,” Dayen says. During the summer, the American Prospect published a lengthy exposé about Biden’s foreign policy advisers’ lucrative foray into corporate America

Many are set to return to the highest echelons of official 

Washington. 

“I have to be cautiously optimistic,” says Waleed Shahid, communications director for the Justice Democrats. 

Relatively young progressives like Shahid are less likely to wax romantic about the way things were in Washington. They are less interested in experience than conviction. But for many in Biden’s camp, a lack of experience was among the several fatal flaws of the Trump years.

“Everyone — right or left — has made the mistaken assumption for years that governing is easy,” says “The Death of Expertise” author Tom Nichols, who teaches at the Naval War College and is an ardently anti-Trump Republican.

“After having a bunch of nitwits and cronies loose in the government,” Nichols wrote in an email, “I think a lot of people on the left are really giving in to the assumption that as long as you’re not Trump, or not a complete idiot, anyone can do it.”

Given the title and theme of his book, Nicholas cautioned against that approach. “It’s a childish and silly approach to government, but it’s a bipartisan problem,” he told Yahoo News.

While progressive may not see their stars like Sens. Bernie Sanders or Elizabeth Warren occupying the Treasury Department, they do very much hope that a Biden presidency amounts to more than a third Obama term. It was unaddressed economic inequality, they believe, that bred the populist resentment that gave Trump an opening in 2016. The coronavirus has only made that inequality worse. That will only increase populist resentment, they worry, to be exploited by a Trump acolyte — or perhaps Trump himself, again — in 2024.

Addressing that inequality, for now, falls to transition team officials like Mark Schwartz of Amazon and Ted Dean of Dropbox, as well as Arun Venkataraman of Visa and David Holmes of defense contractor Rebellion Defense, in which Eric Schmidt of Google is an investor. Many of these officials are veterans of the Obama administration or Democratic offices on the Hill. 

“There is a lot of corporate influence there,” says Maurice Weeks, co-founder of the Action Center on Race and the Economy. “And that is troubling.” But he is encouraged by the presence of “hard-core progressives” like Sarah Miller, a former Treasury deputy who is both an anti-Facebook activist and the executive of the American Economic Liberties Project, which seeks to curb corporate power. She is now on the Treasury transition team.

In some ways, the difference is between former Obama officials who, like Miller, went on to become activists and those who moved on to become rich. The latter did only what many government officials had done before them. But at a time of mass unemployment, a stint at the corporate law firm Latham & Watkins (three transition team members) may not seem as impressive as it may have when Obama was president.

“We don’t just want to rewind the clock by four years,” Weeks says.

For many progressives, Trump was a singular threat to important institutions of the federal government, but rebuilding those institutions is simply not as important as rebuilding entire communities shattered by economic, social and racial inequalities. 

It doesn’t help matters that, today, tech giants are distrusted by conservatives and progressives alike. Firms that were run out of Palo Alto garages now chafe at antitrust laws like the railroad companies of a century ago. 

And like those companies, they know how to use their influence. In 2019 alone, two of the biggest and most influential technology firms — Amazon and Facebook — each spent $17 million on “government affairs,” better known as lobbying.

Ocasio-Cortez’s reference to Uber may have been a subtle warning to the incoming administration: The brother-in-law of Vice President-elect Kamala Harris is Tony West, who worked for the Department of Justice under President Bill Clinton and is now the chief counsel at Uber. Jake Sullivan, another top Biden adviser, also worked for Uber

The company recently won a major victory in California with Proposition 22, a successful response to legal efforts to make Uber drivers and other “gig workers” employees, not contractors. That’s exactly the kind of labor policy, Ocasio-Cortez says, the Biden administration must avoid.

Many top Obama staffers went to Silicon Valley in 2017. They could be returning to Washington with a new appreciation for free market capitalism at a time when “socialism” is no longer a dirty word. 

“Joe Biden’s transition is absolutely stacked with tech industry players,” noted Protocol, an online publication that covers technology.

That’s exactly what worries Jeff Hauser, executive director of the Revolving Door Project, which tracks what Trump has called, without much affection, “the swamp.” He notes that the transition team for the Office of Management and Budget appears to have borrowed rather avidly from Silicon Valley, with team members hailing from Lyft, Airbnb and Amazon.  

The budget office wields an “enormous amount of power,” says Hauser, including in both how congressionally appropriated money is doled out and how certain rules are implemented. Though it had a supporting role in Trump’s impeachment drama over foreign aid, OMB is otherwise obscure, making it a perfect site for covert exercises of federal power. 

Hauser also didn’t like the prevalence of Big Law talent on the Department of Justice team, which signaled to him that the Biden administration could go soft on corporate malefactors. 

Watching the transition, Gray, the former Sanders adviser, recalled an old saying: “The fish rots from the head.” The head, in this case, is Joe Biden, of whom Gray has long been a skeptic.

“He’s a fundamentally conservative man,” Gray says. She reasons that if Biden was “unmoved by the largest protest movement in American history” to endorse Medicare for All, he can’t be trusted to do much for conservative causes like a $15 minimum wage and the Green New Deal.

Still, she believes that Biden can be made to hear the voices of progressives — if, Gray says, they are loud enough. She points out that there is widespread support for progressive legislation like the $15 minimum wage in Florida, even though Trump won the state. 

Biden easily won Oregon, but a push to legalize small amounts of drugs, known as Measure 110, was even more popular than he was.

She sees that as evidence that progressive ideas are more popular than Biden himself. “Progressives should never stop screaming that reality from the rooftops,” Gray told Yahoo News. And she vowed to keep fighting, even with Trump gone and a Democratic president in the Oval Office once again. 

“I don’t accept resignation,” she said.

Cover thumbnail photo: Jonathan Ernst/Reuters

THE LONG HISTORY OF OBAMA-BIDENomics:

The “managed bankruptcy” of GM and Chrysler ordered by the Obama administration set into motion the destruction of tens of thousands of jobs, including 35,000 GM production jobs in the US alone, the shuttering of dozens of assembly and parts plants and the closing of more than 1,000 car dealerships. Obama worked with the United Auto Workers to slash the wages of new hires in half, abolish the eight-hour day, ban strikes for six years and relieve the corporations of retiree health care obligations by handing the provision and cutting of retiree medical benefits to the UAW.

 

The executive from the giant investment firm BlackRock played a leading role in the destruction of autoworkers’ jobs and living standards during the 2009 restructuring of GM and Chrysler.

 

Who is Biden’s top economic adviser Brian Deese?

· 

· 

President-elect Joe Biden has reportedly selected Brian Deese (LAWYER), an executive at the Wall Street investment firm BlackRock, as director of the National Economic Council, according to several major news outlets. “In his new post, which doesn’t require Senate confirmation, Mr. Deese will play a lead role in implementing Mr. Biden’s economic agenda,” the Wall Street Journal wrote Monday.

While Deese was not among those Biden introduced Tuesday as his “economic team,” an announcement is expected soon. Deese, the Global Head of Sustainable Investment at BlackRock, would be the second executive chosen by the incoming administration from the world’s largest asset manager, which controls $7 trillion in assets and is a major shareholder in Deutsche Bank, Wells Fargo, Apple, Microsoft and other global corporate giants.

On Tuesday, Adewale “Wally” Adeyemo, a former chief of staff to BlackRock’s CEO Larry Fink, was named top deputy to Janet Yellen, the former Federal Reserve Chairwoman who Biden picked for Secretary of the Treasury. Tom Donilon, chairman of BlackRock Investment Institute and brother of Biden’s chief campaign political strategist, had been considered for the director of the Central Intelligence Agency, but the Wall Street Journal reported Monday that Donilon decided to stay in the “private sector.”

 

Brian Deese (Source: BlackRock)

The selection of Deese and Adeyemo—who both previously served in the Obama administration—exemplifies the revolving door between Wall Street and Washington, DC, which operates constantly, regardless of which party controls the White House.

It is a further signal to the financial oligarchy that a Biden administration will dispense with its rhetoric about raising taxes on the wealthy and continue funneling trillions into the stock markets. “By picking folks with deep ties to large asset managers,” Tyler Gellasch, executive director of investor trade group Healthy Markets Association, told the Journal, “the administration can help assuage financial executives’ concerns. It sends a clear signal to the industry to breathe easier: They can plan for stability without likely facing massive new regulatory or tax risks.”

After working on Obama’s 2008 election campaign, Deese was appointed Special Assistant to the President for economic policy and served on the National Economic Council as Obama took over the Troubled Asset Relief Program (TARP) from the outgoing George Bush administration, and pumped massive resources into the same banks and financial institutions whose criminal activities had crashed the economy.

Deese, who had no formal training as an economist, then made a name for himself for being the most aggressive advocate of throwing General Motors and Chrysler Corp. into bankruptcy in 2009.

In a May 2009 New York Times article, headlined “The 31-Year-Old in Charge of Dismantling G.M.,” David Sanger wrote, “It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.

BLOG EDITOR: WHAT WOULD WE DO WITHOUT THE PARASITE LAWYERS?!?

“But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.”

Deese was part of the White House Auto Task Force, which was made up of Wall Street asset strippers, including billionaire investor and Democratic Party fundraiser Steven Rattner and Ron Bloom, another Wall Street “turnaround specialist” with a long history of collaborating with the unions during the bankruptcy restructuring of the airline and steel industry.

While publicly claiming that they wanted to avoid bankruptcy, court document would show that Deese and others in Obama’s inner circle were determined to force the auto companies into a forced restructuring from the earliest days of the new administration.

After Rick Wagoner, GM’s former chief executive, said publicly that bankruptcy was not a viable option, the administration would fire him and threaten to withhold any further money from GM unless it imposed far more “painful” cuts than outlined in its initial plan, which called for the elimination of 47,000 jobs worldwide, including 21,000 hourly workers in the US.

The “managed bankruptcy” of GM and Chrysler ordered by the Obama administration set into motion the destruction of tens of thousands of jobs, including 35,000 GM production jobs in the US alone, the shuttering of dozens of assembly and parts plants and the closing of more than 1,000 car dealerships. Obama worked with the United Auto Workers to slash the wages of new hires in half, abolish the eight-hour day, ban strikes for six years and relieve the corporations of retiree health care obligations by handing the provision and cutting of retiree medical benefits to the UAW.

As the  wrote at the time, “Obama’s Auto Task Force has focused on one thing from the beginning: how to exploit the crisis of the auto industry to create conditions for Wall Street to reap huge profits. Its leading figures—Secretary Treasurer Timothy Geithner and White House economic [adviser] Lawrence Summers—played a key role in the Wall Street bailout, opposing the slightest restrictions on compensation paid to banking executives receiving public money. When it has come to the auto industry, however, they have demanded the most brutal job cuts and wage and benefit concessions from autoworkers.

“The outcome of the dismantling of the auto industry,” the  continued, “will mean that the industrial base of the US will shrink even more and the economy will be further dominated by the type of reckless and socially destructive speculation that is responsible for the worst economic and social crisis since the 1930s.”

A year after the forced bankruptcies, Citi Investment Research analyst Itay Michaeli boasted that GM’s fixed cost per vehicle would drop from $10,400 in 2009 to $7,280 in 2010 and fall to $5,772 by 2012. In the five years following, labor costs at GM and Chrysler—which declared bankruptcy on April 30, 2009—were predicted to be lower than any Japanese automaker operating nonunion plants in the US, making it profitable for the company to build small cars in the US, rather than in Mexico.

The auto restructuring became a template for the decimation of wages throughout the working class during the eight years of the Obama administration, which oversaw the greatest transfer of wealth from the bottom to top in US history up until today.

Deese’s “success” during the auto restructuring earned him a rapid set of promotions in the Obama White House. He was soon named deputy direct of the National Economic Council and then the deputy director and acting director of the Office of Management and Budget. In 2015, he helped negotiate the 2015 Bipartisan Budget Act.

After finding limitless funds to bail out Wall Street, the Obama administration would insist there was no money to bail out states and municipalities, which had laid off hundreds of thousands of educators and other public employees during the Great Recession.

When Biden introduced his economic team Tuesday, he claimed that “help was on the way” to the tens of millions of workers, small business owners and unemployed who are facing an unprecedented economic and social catastrophe. But his selection of Deese, Yellen, Adeyemo and others directly from Wall Street make it clear that a Biden administration will be committed to austerity and back-to-work campaign aimed at forcing workers to pay for the corporate bailout no matter how many lives are needlessly lost to the pandemic.

At the time, Delphi employed nearly 50,000 Americans, who earned about $30 an hour on the assembly line. Now, workers in Mexico for the company earn about $1 an hour.

Joe Biden’s Pick for Economic 

Adviser Tied to Delphi 

Pension-Slashing Scheme

MANDEL NGAN/AFP via Getty Images

JOHN BINDER

30 Nov 2020316

4:35

Democrat Joe Biden’s pick to be his top economic adviser in the White House served on the Obama-appointed team that helped slash pensions for roughly 20,000 Americans in the auto bailout.

This week, Biden announced that Obama alum Brian Deese, now an executive at the investment management firm BlackRock, will serve as his top economic adviser should he enter the White House.

Deese previously served as a special assistant to Obama for economic policy and played a role in the administration’s bailout of the auto industry, which ultimately led to slashed pensions for 20,000 non-union workers at the Delphi Corporation, an auto parts supplier to General Motors (GM).

In 2009, as part of the Obama-Biden administration’s taxpayer-funded bailout of GM, the Pension Benefit Guaranty Corporation (PBGC) terminated the pension plans of non-unionized Delphi workers. In some cases, workers had their pensions gutted by as much as 75 percent.

A federal report in 2013 detailed that the Delphi workers would likely have their pensions cut by an estimated $440 million. Meanwhile, GM topped off unionized Delphi workers’ pensions at a cost of about $1 billion.

Deese, along with agency heads like Timothy Geithner and top advisers like Ron Bloom, was named in that federal report, having had been involved in multiple conversations about the Delphi pensions:

In July 2009, internal Government emails between the Auto Team and Advisor to the President Brian Deese discussed GM’s need to address issues with Delphi’s “splinter unions.” Auto Team officials did not recall details related to the emails. When Senator Charles Schumer took a position that GM should assume the Delphi salaried retiree pensions, Mr. Deese emailed Mr. Rattner this “may complicate the optics of doing anything for the splinters.” Other emails from Mr. Deese stated, “We will continue to face intense scrutiny on this issue. The politics of terminations is quite intense” and “we need to work on a clear rationale for the outcomes we’re moving toward, as well as an explanation of respective roles.” Mr. Rattner emailed members of the Auto Team that he had spoken with Fritz Henderson about “our logic on the splinters, which he [Henderson] was fine with. [Auto Team Analyst] Sadiq [Malik] should speak to Janice [Uhlig] about the details, particularly how the reallocation of the $417mm would work.”  Auto Team member Feldman emailed members of the Auto Team about health care/pension benefit changes for IUE and USW employees, and Mr. Deese responded that the company’s organizing principle was parity between GM salaried and non-UAW hourlies. Mr. Deese referenced a discussion about health care costs and the “credible fairness arguments to augment the hourlies’ recovery based on the pension disparity, but that for all the reasons we discussed that would not be possible. However, I think the logic of that conclusion strongly counsels in favor of bringing the top-up through. Otherwise, we’re moving in the opposite direction from a position that we all agreed was itself on the edge of fairness.”

In October, President Trump signed a memorandum to devise a plan to restore the pensions of the Delphi workers. Biden has not said if he supports the memorandum.

Former Delphi workers told Breitbart News in interviews how the pension-slashing scheme uprooted their livelihoods. One retiree said she lost her home, and her retirement plans to move to the Florida coast have been squashed.

Another retiree said his wife died in the process, as he was forced to find work in order to pay for her medical bills. He had assumed that after 30 years at Delphi, he and his wife would have a good healthcare plan in their retirement. That ended when his pension was cut by about 30 percent.

Delphi, which has since split into Aptiv and Delphi Technologies, announced in 2006 that it would shutter 21 of its 29 plants in the United States — offshoring some 20,000 U.S. jobs to Mexico, China, and other foreign countries.

At the time, Delphi employed nearly 50,000 Americans, who earned about $30 an hour on the assembly line. Now, workers in Mexico for the company earn about $1 an hour.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.

YOU WONDERED WHY BIDEN HAS VOTED FOR EVERY WAR FOR THE LAST 50 YEARS???

JOE BIDEN'S GLOBAL WAR MACHINE TO BE RUN BY WALL STREET CRONIES

https://mexicanoccupation.blogspot.com/2020/11/biden-names-national-security-team-of.html

Biden names national security team of right-wing militarists

This is because despite all its declarations, the Democratic Party is not a party of workers. It, as Biden’s transition team attests, is a party of Wall Street, big banks, Amazon, and the military-industrial complex.

Amazon is entangled not only with Wall Street, but also with the US military and intelligence apparatus. Amazon was awarded a $600 million contract with the CIA in 2013, followed by a $10 billion contract with the Department of Defense last year to move government data onto the cloud. Meanwhile, Amazon’s facial-identification software “Rekognition” is being marketed to federal and local police.

Hostile Takeover: Wall Street Assumes Command of Joe Biden Transition Team 

https://mexicanoccupation.blogspot.com/2020/11/joe-biden-i-need-secretary-of-treasury.html

 

Wall Street and the biggest U.S. banks, after spending a fortune to unseat President Trump, are getting key spots in Democrat Joe Biden’s transition team that he has devised before the presidential election is certified.

Many of the big banks with links to Biden transition team members were major donors to the former vice president.

 

JOE BIDEN SAYS MUCK PROGRESSIVES, I MADE MY DIRTY MONEY SERVING WALL STREET!

“Hauser also didn’t like the prevalence of Big Law talent on the Department of Justice team, which signaled to him that the Biden administration could go soft on corporate malefactors.” 

https://mexicanoccupation.blogspot.com/2020/11/joe-bidens-america-to-be-ruled-by-wall.html

“Joe Biden’s transition is absolutely stacked with tech industry players,” noted Protocol, an online publication that covers technology.”

“He was presumably referring to the two dozen agency review team officials who come from law firms like Arnold & Porter. Or to the 40 or so members of the Biden transition who are current or recent lobbyists.”

“During the summer, the American Prospect published a lengthy exposé about Biden’s foreign policy advisers’ lucrative foray into corporate America. Many are set to return to the highest echelons of official Washington.”

Bloomberg, Migration Lawyers, Merge Advocacy

michael bloomberg
AFP/Getty Images
5:20

Mike Bloomberg’s pro-migration advocacy group is merging with the advocacy spinoff of the American Immigration Lawyers Association.

The merger spotlights the close alliance between the stock-market investors who fund advocacy for mass migration, and the hourly-rate professionals who facilitate the population transfer, responded Mark Krikorian, director of the Center for Immigration Studies.

Individual immigration lawyers may well rationalize their defense of individual immigrants as being unrelated to the broader push by the wealthy to pry open the borders. But each individual snowflake in an avalanche isn’t intending any harm either … [so] even pro-bono immigration lawyers trying to obstruct the deportation of an illegal immigrant are, objectively speaking, serving the interests of Michael Bloomberg.

‘This is a class issue and the advocates for mass immigration are, objectively speaking, agents of the upper class,” he added.

The merger was announced December 6 by Jeremy Robbins, the long-standing director of Bloomberg’s pro-business New American Economy lobbying group:

I’m Jeremy Robbins, and I’m so pleased to announce that at the end of this year, the American Immigration Council [AIC] and New American Economy will merge. Together, we’ll create something unique and critical for the immigration movement — an organization that will empower newcomers to America. From the moment they arrive to the moment they become American citizens, promoting full belonging for immigrants, and making America as a whole a more successful, more resilient, and more dynamic country.

America’s history is laid clear, investing in newcomers is an investment in America as a whole. There are many obstacles to realizing our vision of a more welcoming country, but together with your support, we’re better prepared than we’ve ever been to make progress on behalf of immigrants on behalf of America as a whole.

Notably, Robbins did not try to argue that immigration is good for individual Americans but instead claims that immigration is good for “America as a whole. ”

That phrase hides the reality that mass migration is good for investors, government, employers, and migrants, but bad for the many sidelined Americans who are pushed into unemployment and homelessness by the flood of imported migrants.

The American Immigration Council is an advocacy group created in 1987 by the immigration lawyers’ association.

Bloomberg founded the NAE group in 2013 to help push the “Gang of Eight” amnesty through Congress. His partners included Fox News owner Rupert Murdoch and a battalion of Democratic and GOP politicians. The group was checkmated by GOP voters in 2014, and put on the defensive by the 2016 election of Donald Trump to the White House.

The group also rallied for Bloomberg when he ran for the Democratic nomination to the presidency in 2020.

Breitbart News has extensively covered Bloomberg’s effort to import more consumers, renters, and workers. “This country needs more immigrants and we should be out looking for immigrants,” regardless of Americans’ needs, Bloomberg told the San Diego Union-Tribune on January 5.:

For those who need an oboe player for a symphony, we want the best one. We need a striker for a soccer team, we want to get the best one. We want a farmworker, we want to get the best one. A computer programmer, we want to get the best one. So we should be out looking for more immigrants.

Bloomberg’s group also worked closely with FWD.us, an advocacy group funded by Mark Zuckerberg’s money, which also funds many supposedly grass-roots advocacy groups. Other wealthy investors, such as George Soros, Laurene Powell Jobs, and Microsoft president Brad Smith also spend much of their wealth on advocacy for more migration.

The NAE-AIC merger “takes away the pretense of separate interests” between investors and migration lawyers, Krikorian said, adding:

This is something that the broader public, and specifically lawmakers and media, need to understand — that broadly the [political] left and the corporate right are allied on immigration.

This is not really a right/left issue. This is an up/down issue, and those pushing for high immigration and loose enforcement are servants of [Wall Street] capital.

The federal government’s support for migration is an economic policy. It moves wealth from employees to employers, from families to investors, from young to old, from children to their parents, from homebuyers to investors, from technology to stoop labor.

The extraction migration pulls young people from poor countries and settles them in the major coastal states. That population shift moves wealth from heartland red states to the coastal blue states, and within large states, it also helps move wealth and status from GOP rural districts to Democrat cities.

Immigration radicalizes Americans’ democratic, compromise-promoting civic culture, allows elites to ignore major political dilemmas, and also to forget about despairing Americans at the bottom of society.