THE DOCTRINE OF THE N.A.F.T.A. GLOBALIST DEMOCRATS IS TO SERVE THE BILLIONAIRE CLASS WITH ENDLESS WAVES OF INVADING 'CHEAP' LABOR SUBSIDIZED WITH WELFARE FUNDED BY TAXES ON MIDDLE AMERICA.
In many speeches, Mayorkas says he is building a mass migration system to deliver workers to wealthy employers and investors and “equity” to poor foreigners. The nation’s border laws are subordinate to elites’ opinion about “the values of our country,” Mayorkas claims.
Analysis conducted last year reveal that 71 percent of tech workers in Silicon Valley are foreign-born, while the tech industry in the San Francisco, Oakland, and Hayward area is made up of 50 percent foreign-born tech workers.
Despite his Wall Street, big business, Big Tech, and billionaire donations, Biden has attempted to portray himself as a small-town fighter from Scranton, Pennsylvania
By failures of border security, a lack of the enforcement of our immigration laws from within the interior of the United States and huge numbers of visas for high tech workers, the lives and livelihoods of Americans and their children, are being stolen by America’s corrupt political elite who are doing the bidding of those who provide them with huge “Campaign Contributions” (Orwellian euphemism for bribes) pursue legislation that is diametrically opposed to the best interests of America and Americans.
MICHAEL CUTLER
Middle-Class Americans Are On The Brink Of Bankruptcy As Hard Times Coming
Millions of American families have lost everything in recent years, and new data shows that middle-class households are going bankrupt at a faster pace than households in other income groups. A scarcity of well-paying jobs, astronomical price increases, and the runaway increase of mortgage rates in an age of stagnant paychecks have all contributed to the financial struggles of middle-class Americans. But at the end of the day, it all boils down to the fact that even with two incomes, becoming and staying in the middle class has never been harder. The current economic downturn is threatening to make things even more complicated for middle-income earners. They are standing on very thin ice, and the cracks are starting to show. Many of them are already on the brink and are likely to the pushed over the edge by an unexpected job loss or emergency expense in the months ahead, experts say.
Middle-class Americans accounted for 66% of personal bankruptcies in the country in 2022. Today, many of the staples of middle-class life such as college education and homeownership carry with them more financial risk, requiring more borrowing and new riskier forms of borrowing, especially at a time of rampant interest rates. And now more than ever, consumer debt has become the go-to pressure valve for squeezed middle-class families. However, more consumer debt puts them in a precarious financial situation, economists say. “It is the people in the middle — not the richest or the poorest — who accumulate the most debt on their credit cards. It is these same people who seek relief in the bankruptcy courts,” highlights economist and management consultant, Amelia Tyagi.
A generation ago, a typical middle-class family with one income committed about 54% of their pay to the basics — housing, health insurance, transportation, and taxes. That is, the one-income family spent about half its income to cover all the bills — “the essential expenses that must be paid even if someone gets sick or loses a job,” Tyagi says. In 2023, these basic expenses, including child care so that both parents can work, consume 75% of the family’s combined income. With 75% of income allocated for fixed expenses, the finances of today’s middle-income households have no margin for error.
“When we think of bankruptcy, we often think of celebrities who have gone broke, companies that failed, and crooks who are trying to cheat the system. But as it turns out, bankruptcy is most common among middle-class Americans,” says MarketWatch financial analyst Jana Kasperkevic. During an interview, bankruptcy lawyer Craig D. Robins emphasizes that nowadays, those who are most likely to file for bankruptcy are middle-class families of the baby-boomer generation – “the typical Long Island family,” he said. “We previously considered middle-class families as a stereotypical group noted for their financial stability and for the vitality they provide to the American economic system. It is the middle-class family, however, that now has become the stereotypical bankruptcy filer,” Robins outlines.
Carrying high levels of debt during such uncertain times may push many of these households over the edge financially in the months ahead. As the recession unfolds, layoffs and the lack of job creation will continue to fuel the personal bankruptcy boom. That’s how you know when a country is broken. The foundation of our economy is desintegrating before our eyes. And many people will be shocked to find out that poverty may be just one headwind away.
Zuckerberg’s FWD.us Claims No Amnesty Ensures Midterm Defeat for Democrats
The Facebook-funded FWD.us investor advocacy group is touting the claim that Democrat turnout will drop in 2022 if the party cannot pass an amnesty through Congress.
But that claim is toothless, in large part because recent polls show that many Americans of Latino ancestry are increasingly voting for the GOP, precisely because GOP leaders oppose the amnesty-amplified wave of cheap labor into their communities.
The claim is being made by pro-migration groups, including the leaders of the National Day Laborer Organizing Network (NDLON) which denounced the Senate’s parliamentarian’s decision to exclude the parole amnesty for 6.5 million illegals from the draft Build Back Better spending plan.
Democrats’ excuses for their failure, for their incompetence, and for their insincerity will be the ammunition used by xenophobes in the Republican Party to retake control of the federal government in upcoming elections. Inaction on immigration legalization risks further propelling Trumpism in every possible way … No more excuses. Where there is a will, there is a way.
The NDLON group represents illegal migrants, most of whom work for very low wages, and none of whom can vote in U.S. elections.
Rep. Lou Correa (D-Calif.) is making the same claim, according to Bloomberg, which reported that he “warned that Democrats would face wrath from voters in the 2022 elections if they don’t secure a citizenship path”
But the NDLON claim is being echoed by the politically powerful investor class, who use imported workers, consumers, and renters to spike the value of their Wall Street investments.
Todd Schulte is the president of the FWD.us advocacy group for investors, which gets about $30 million a year from the Chan Zuckerberg Initiative to push for more migration. On Thursday night, he tweeted:
Schulte’s deputy also pushed a hard line:
Unsurprisingly, FWD.us has a hidden agenda in the amnesty debate.
The establishment media extensively cover the proposed parole amnesty for 6.5 million illegal migrants. But the media largely ignores two other proposed changes to immigration laws that would deliver huge benefits to West Coast investors who created the FWD.us advocacy group in 2013.
For example, the BBB legislation would allow the White House to provide green cards to millions of favored migrants, including perhaps three million “chain migrants” selected by recent immigrants. This open-doors policy would provide investors with millions of new profit-generating consumers, renters, and workers.
The BBB legislation would also allow President Joe Biden’s pro-migration deputies to sell green cards to at least one million migrants who have taken many of the Fortune 500 jobs sought by skilled U.S. college graduates. This change would allow Fortune 500 companies to hire many more foreign graduates with dangled offers of fast-track green cards. These workers are usually imported via the visa worker programs, such as the H-1B and Optional Practical Training program.
But those two benefits for the Fortune 500 investors may be dropped if the Democrat senators cannot also get their amnesty for illegal migrants.
On Friday, an advocacy group for corporate-funded immigration lawyers urged Congress to keep pushing the green card giveaway, even after the amnesty was nixed:
“The corporate guys are riding on perceived sympathy for the illegal alien population in order to get their immigration giveaways,” said Robert Law, the director of regulatory affairs and policy at the Center for Immigration Studies. He continued:
The Hispanic population knows immigration is a pocketbook issue for them as well, and mass illegal immigration — plus legal immigration — hurts the economic opportunities of Hispanic Americans or the black community, or any people who typically are competing at the lower end of the economic spectrum.
The Senate’s debate referee has not issued any judgments on the two green card proposals.
FWD.us’also spotlights many family dramas amid the inflow of border migrants. This focus helps keep reporters from recognizing the huge pocketbook impact of the establishment’s economic policy of mass migration. The resulting family-drama coverage also keeps many young progressives from noticing that the extraction migration policy drives up their rents and cuts their salaries.
Democrat Joe Biden has chosen Ronald Klain to be his chief of staff should he enter the White House in January. Klain worked on behalf of Silicon Valley executives and their interests, which include providing tech corporations with an endless supply of H-1B foreign visa workers and more free trade.
Klain, who was made Biden’s incoming chief of staff this week, served on the executive council of TechNet — a firm that promotes the interests of Silicon Valley’s tech corporations in Washington, D.C. Klain served on the council alongside executives from the Oracle Corporation, Hewlett-Packard Enterprise, Google, Visa, Apple, and Microsoft.
TechNet, most recently, joined a lawsuit against President Trump’s reforms to the H-1B visa program that sought to prioritize unemployed Americans for jobs rather than allowing businesses to continue importing foreign workers.
TechNet is one of the groups that has filed an amicus brief to oppose the new regulations on H-1B visas. https://t.co/ofY4GJ2sVR
Trump’s seeking to force businesses to hire Americans over importing foreign visa workers is an affront to Silicon Valley’s tech corporations, those represented by TechNet, who advocate for an endless flow of H-1B foreign visa workers.
There are about 650,000 H-1B visa workers in the U.S. at any given moment. Americans are often laid off and forced to train their foreign replacements, as highlighted by Breitbart News. More than 85,000 Americans annually potentially lose their jobs to foreign labor through the H-1B visa program.
Analysis conducted in 2018 discovered that 71 percent of tech workers in Silicon Valley, California, are foreign-born, while the tech industry in the San Francisco, Oakland, and Hayward area is made up of 50 percent foreign-born tech workers. Up to 99 percent of H-1B visa workers imported by the top eight outsourcing firms are from India.
TechNet’s listed immigration goals include allowing corporations to dictate the annual level of legal immigration to the United States and the elimination of per-country caps that would effectively let India and China monopolize the U.S. green card system.
The group’s goals on trade are in direct opposition to President Trump’s economic nationalist agenda that has imposed tariffs on foreign imports from China, Canada, Europe, and other parts of the globe.
TechNet’s trade goals include reducing “tariff and non-tariff barriers to information, communications, and advanced energy technology products, services, and investments” as well as “protections for the free flow of data across borders…”
While Biden has vowed to flood the U.S. labor market with more foreign workers to compete against Americans for jobs, he has shied away from questions on whether he will eliminate tariffs on foreign imports that were imposed by Trump. Such elimination of tariffs would be a boon to multinational corporations that offshore their production and jobs overseas only to import their products back into the U.S. market, often with no penalties for doing so.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.
Boeing Outsourcing Nearly 700 U.S. Jobs to India While Raking in Taxpayer Money via Ukraine War Packages
The Boeing Company is outsourcing nearly 700 white-collar American finance and human relations jobs to Bengaluru, India while securing millions more in United States tax dollars through congressionally-approved spending packages to support Ukraine in its war with Russia.
Last month, reports confirmed that Boeing is laying off roughly 2,000 American employees doing financial and human resources (HR) work. Almost 700 of their jobs will be outsourced to India through the multinational corporation’s contract with Tata Consulting Services (TCS), an outsourcing firm based in India.
TCS is responsible for an outsourcing-offshoring business model that widens profit margins for corporations like Boeing by sending American jobs to lower-wage countries like India. Typically, the model begins with TCS importing foreign H-1B visa workers to replace American professionals. Eventually, the jobs are wholly offshored to a foreign country, mainly India.
Boeing reportedly had hundreds of its American employees train their foreign replacements employed at TCS before laying them off. Late last year, Boeing laid off about 150 Americans in finance and HR and sent their jobs to India.
Boeing employees trained Tata Consulting Services employees on that initial set of outsourced work, which TCS is scheduled to take over in the coming week. [Emphasis added]
…
Boeing now has about 3,500 direct employees in India and another 7,000 people in Indiaemployed at Boeing’s suppliers, including Tata Group. [Emphasis added]
The TCS non-engineering work for Boeing will be done at a new facility in Bengaluru, formerly known as Bangalore. [Emphasis added]
A spokesman for Boeing told Breitbart News that the layoffs are not specific to one particular location and focused on the corporation’s plans to hire 10,000 engineering and manufacturing employees though the locations of those hires are also unclear.
“We grew Boeing’s workforce by 15,000 last year and plan to hire another 10,000 employees this year with a focus on engineering and manufacturing,” the Boeing spokesman said:
As we have shared, we will also continue to simplify our corporate structure. We have and will continue to communicate transparently with our teams that we expect lower staffing within some corporate support functions so that we can focus our resources in engineering and manufacturing and directly supporting our products, services and technology development efforts. As always, we will support affected teammates and provide assistance and resources to support their transition.
Breitbart News reached out to TCS but did not receive a response.
Boeing’s latest move to outsource American jobs to India comes as the corporation has continued raking in millions from U.S. taxpayers through congressionally-approved spending packages to fund Ukraine in its war with Russia.
Last month, Congress and President Joe Biden’s administration approved $1.75 billion in taxpayer money that will go directly to defense contractors like Boeing, as well as General Dynamics and Raytheon.
Meanwhile, last year, Boeing scored a $5 billion contract with the federal government’s Missile Defense Agency. In 2019, the Defense Department remained Boeing’s largest customer as nearly $30 billion of its profits came from taxpayer-funded federal contracts — representing more than 30 percent of the company’s annual profits.
In addition to billions in Defense Department contracts, Boeing has profited immensely from tax cuts passed by Republicans in Congress in 2018. The GOP tax cuts saved the corporation about $1.1 billion — this after years of already paying relatively low taxes at an average federal tax rate of less than nine percent over ten years.
Boeing is one of Washington, DC’s, most powerful private entities as millions of dollars are spent on lobbying Republicans and Democrats on legislation that would benefit the corporation’s profit margins.
Last year, Boeing’s affiliated political action committee (PAC) gave nearly $1 million to House and Senate Democrats’ campaign committees and House and Senate Republicans’ campaign committees. Hundreds of thousands more in campaign cash was given directly to Republican and Democrat candidates alike.
John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.