The biggest tax dodger is technology giant Apple, with $181 billion held offshore. General Electric had the second-largest stash, at $119 billion, enough to repay four times over the $28 billion GE received in federal guarantees during the 2008 Wall Street crash. Microsoft had $108 billion in overseas accounts, with companies like Exxon Mobil, Pfizer, IBM, Cisco Systems, Google, Merck, and Johnson & Johnson rounding out the top ten.
US corporate tax cheats hiding $1.4 trillion in profits in offshore accounts
US corporate tax cheats hiding $1.4 trillion in profits in offshore accounts
By Patrick Martin
A report issued Thursday by the British charity Oxfam found that the 50 largest US corporations are hiding $1.4 trillion in profits in overseas accounts to avoid US income taxes, much of it in tax havens like Bermuda and the Cayman Islands.
15 April 2016
The biggest tax dodger is technology giant Apple, with $181 billion held offshore. General Electric had the second-largest stash, at $119 billion, enough to repay four times over the $28 billion GE received in federal guarantees during the 2008 Wall Street crash. Microsoft had $108 billion in overseas accounts, with companies like Exxon Mobil, Pfizer, IBM, Cisco Systems, Google, Merck, and Johnson & Johnson rounding out the top ten.
Overseas tax havens have been the focus of recent revelations about tax scams by wealthy individuals, based on the leak of the “Panama Papers,” documents from a single Panama-based law firm, Mossack Fonseca, involving 214,000 offshore shell companies. The firm’s clients included 29 billionaires and 140 top politicians worldwide, among them a dozen heads of government.
But the sums involved in corporate tax scams dwarf those hidden away by individuals. According to the Oxfam report, the offshore manipulations by the 50 largest US corporations cost the US taxpayer $111 billion each year, while robbing another $100 billion annually from countries overseas, many of them desperately poor.
The $111 billion a year in US taxes evaded would be sufficient to eliminate 90 percent of child poverty in America, effectively wiping out that social scourge. It is more than the annual cost of the food stamp program, or unemployment benefits, or the total budget of the Department of Education.
Oxfam timed the release of its report for the April 15 income tax deadline in the United States (actually Monday, April 18 this year), when tens of millions of working people must file their income tax returns or face federal penalties. Working people could face additional tax penalties of up to 2 percent of household income, to a maximum of $975, under the Obamacare “individual mandate,” if they have not purchased private health insurance.
There is a stark contrast between the IRS hounding of working people for relatively small amounts of money—but difficult or impossible to pay for those on low incomes—and the green light given to corporate tax cheats who evade taxation on trillions in income.
“As Americans rush to finalize tax returns, multinational corporations that benefit from trillions in taxpayer-funded support are dodging billions in taxes,” said Raymond C. Offenheiser, President of Oxfam America. “The vast sums large companies stash in tax havens should be fighting poverty and rebuilding America’s infrastructure, not hidden offshore in Panama, Bahamas, or the Cayman Islands.”
The Oxfam report, titled “Broken at the Top,” expresses concern that “tax dodging by multinational corporations…contributes to dangerous inequality that is undermining our social fabric and hindering economic growth.”
It continues: “This inequality is fueled by an economic and political system that benefits the rich and powerful at the expense of the rest, causing the gains of economic growth over the last several decades to go disproportionately to the already wealthy. Among the most damning examples of this rigged system is the way large, profitable companies use offshore tax havens, and other aggressive and secretive methods, to dramatically lower their corporate tax rates in the United States and developing countries alike.”
Oxfam collected figures available from the 10-K reports and other financial documents issued by the 50 largest US companies, covering the period since the Wall Street crash, 2008 through 2014, and presented them in an interactive table. The figures included total profits, federal taxes paid, total US taxes paid (including state and local), lobbying expenses, tax breaks, money held in offshore accounts, and benefits received from the federal government, including loans, loan guarantees and bailouts.
Among the most important findings:
* The top 50 companies made nearly $4 trillion in profits globally, but paid only $412 billion in federal income tax, for an effective tax rate of barely 10 percent, compared to the statutory rate of 35 percent.
* The 50 companies spent $2.6 billion to influence the federal government, while reaping nearly $11.2 trillion in federal support, for an effective return of 400,000 percent on their lobbying expenses.
* The overseas cash stashed by the 50 companies, nearly $1.4 trillion, is larger than the Gross Domestic Product of Russia, Mexico, Spain or South Korea.
* US multinationals reported 43 percent of their foreign earnings from five tax havens, countries that accounted for only 4 percent of their foreign workforce and 7 percent of foreign investment. All told, US companies shifted between $500 billion and $700 billion in profits from countries where economic activity actually took place to countries where tax rates were low.
* In the year 2012 alone, US firms reported $80 billion in profits in Bermuda, more than their combined reported profits in the four largest economies (after the US itself): China, Japan, Germany and France. This figure was nearly 20 times the total GDP of the tiny island country.
The Oxfam report also pointed to an estimated $100 billion in taxes evaded in foreign countries, many of them rich in natural resources extracted by such global giants as Exxon, Chevron and Dow Chemical. According to the report, “Taxes paid, or unpaid, by multinational companies in poor countries can be the difference between life and death, poverty or opportunity. $100 billion is four times what the 47 least developed countries in the world spend on education for their 932 million citizens. $100 billion is equivalent to what it would cost to provide basic life-saving health services or safe water and sanitation to more than 2.2 billion people.”
The report cited former UN Secretary-General Kofi Annan’s assessment that “Africa loses more money each year to tax dodging than it receives in international development assistance.”
Oxfam offered no solution to the growth of inequality and the systematic looting by big corporations that its report documents, except to urge governments around the world to close tax loopholes. The group also pleads with the corporate bosses themselves not to be quite so greedy. Neither capitalist governments nor the CEOs will pay the slightest attention. But the working class should take note of these figures, which provide ample evidence of the bankrupt and reactionary nature of capitalism, and the urgent necessity of building a mass movement, on a global scale, to put an end to the profit system.
THE MILLIONS OF AMERICAN THAT SUNK INTO POVERTY HAS SOARED, JUST AS THE CRIMES AND PROFITS OF OBAMA - CLINTON CRONIES ON WALL STREET!
Banksters, and the Mexican Fascist Party of LA RAZA to
keep wages depressed and corporate profits even greater!
Apple sales decline points to faultlines in global economy
By Barry Grey
Apple Inc., the world leader in market capitalization, reported on Tuesday its first quarterly sales decline in 13 years. The fall in both revenue and profits was worse than analysts had predicted and was led by the first quarterly decline in sales of the company’s top-selling product, the iPhone, since its introduction in 2007.
28 April 2016
Apple shares, already down 20 percent on the year, fell another 6.26 percent on Wednesday, dragging the Nasdaq down half a percent for the day.
The sharp reversal of the company’s growth trajectory was a reflection not only of stagnation and slump in the real economy, behind the giddy heights on world stock markets, but a warning that vastly inflated asset values are unsustainable and will inevitably come crashing down.
Financial analyst John Shinal, writing in USA Today, summed up the implications of the company’s quarterly report by saying, “Put it all together and you get a recipe for a coming bear stampede out of Apple shares.”
Perhaps more than any other firm, Apple exemplifies the colossal and historically unprecedented inflation of prices assigned by the market to stocks and other financial assets since the Wall Street crash of September 2008. Driven upward by multitrillion-dollar bank bailouts and an orgy of money printing and debt expansion promoted by the world’s central banks, stock prices have tripled since the low point of the post-Wall Street crash recession, further enriching the world’s financial oligarchs and widening the chasm between the rich and super-rich and the rest of the planet.
This process is starkly illustrated by one statistic: In 2003, when Apple last suffered a quarterly sales decline, its market capitalization (the value of its shares) was $5 billion. Today, even with the recent drop in Apple stock, the company’s market value is well over $500 billion—more than a hundred-fold increase.
The massive and irrational inflation of stock values is an expression of the growth of financial parasitism. In the feverish pursuit of profit, capital is going not into productive investment—on the contrary, the social infrastructure is being left to rot and the living standards of the working masses are being driven down—but instead into increasingly risky, exotic and fraudulent forms of speculation.
The real economy is deteriorating. As the International Monetary Fund (IMF) warned in its “World Economic Outlook” released earlier this month, the rate of growth of trade, productivity and investment is slowing. The IMF downgraded its projection for world economic growth for the fourth consecutive time over the past year, and revised downward its estimates for every major part of the global economy, from the US, Europe and Japan, to Latin America, Africa, Japan and China. It warned of the “threat of a synchronized slowdown.”
The inability of world capitalism to return to normal rates of growth, despite the recourse by central banks to zero and even negative interest rates and “quantitative easing” money-printing operations on a vast scale, is reflected in slumping demand and depressed prices for commodities such as oil. The imposition of ever more brutal austerity on the working classes of North America, Europe and, increasingly, the rest of the world only deepens the slump.
In recent months, the US has seen a wave of store closures by retail chains as the destruction of decent-paying and secure jobs undermines sales to working class customers. Last week, Sears/Kmart announced scores of new closures, following the shutdown of hundreds of stores by Walmart and Macy’s.
The slowdown in the Chinese economy, the main source of world economic growth in the aftermath of the 2008 crash, is wreaking havoc on countries that export both commodities and industrialized goods, and on the revenue and profits of major corporations. At the same time, private and public debt are spiraling out of control, leading to a new and even more disastrous financial crisis.
Over the weekend, the Financial Times reported that China’s debt had risen to a record 237 percent of the country’s gross domestic product, prompting warnings that the second biggest economy in the world could be heading for a Lehman Brothers-style collapse or a period of protracted low growth, such as in Japan.
This is the context in which Apple reported a 13 percent decline in overall sales and a 22 percent decline in profits for the first quarter of 2016. Sales of iPhones fell by more than 16 percent. Sales of the company’s other products also fell, with iPads falling 19 percent, Mac computers dropping 12 percent, and the “other products” segment, which includes the Apple Watch, plummeting 50 percent.
Sales to Greater China, which includes Hong Kong and Taiwan, fell faster than anywhere else. They declined 26 percent, compared to the same quarter of 2015 when they rose 71 percent.
Although the Chinese market accounts for only 25 percent of Apple’s total sales, it was responsible for 60 percent of the firm’s revenue decline in the first quarter. An analyst in Shanghai with the research group Canalys was cited by the New York Times as saying said he expected the Chinese smartphone market to grow only 4.7 percent in 2016, as compared to 50 percent annual growth as recently as 2013.
For the current quarter, Apple predicted an even worse performance, with estimated revenues of $41 billion to $43 billion, at least $7 billion below the first quarter.
Apple was not the only major US company jolted Wednesday by the impact of the global economic crisis. Twitter shares plunged after the social media company released financial results showing weaker than expected revenue and a second-quarter projection that disappointed market expectations.
In response to the turmoil in the energy sector from the collapse in oil prices, Standard & Poor’s stripped Exxon Mobil of its top credit rating for the first time since the Great Depression.
The decline in Apple’s sales is one more indication that an entire period of economic and geo-political development, spanning a quarter century, is coming to an end, ushering in a new and violent period of economic conflict, nationalism and militarism between major powers, together with an upsurge in the class struggle.
In October 1987, Wall Street suffered the biggest one-day fall in the Dow Jones Industrial Average in history. This signaled the collapse of the reactionary nostrums of the Reagan-Thatcher years.
The Tiananmen Square massacre of 1989 and dissolution of the Soviet Union two years later opened up new markets and new sources of raw materials and cheap labor for the US and the other imperialist powers, giving world capitalism a temporary boost. But the expansion of the 1990s was fueled above all by cheap credit provided by the Federal Reserve, the further deregulation of the banks, and the benefits for the ruling class from the collapse of the old labor movements.
This credit-fueled bubble came crashing down by the end of the decade, with the crisis of the so-called “Asian Tigers,” the collapse of Long-Term Capital Management, and the Russian default. Next came the dot.com bubble, which imploded in 2000-2001. It was followed by the sub-prime housing bubble, which burst in 2008, producing the biggest financial and economic crisis since the Great Depression.
The current bubble is greater and more pervasive than any of the previous ones, involving at its center a massive accumulation of debt by the central banks themselves. And the gaping contradiction between the “recovery” for the stock markets and the bank accounts of the rich and the deepening social crisis facing the working class is sparking growing social opposition and a profound political radicalization.
The systemic crisis of world capitalism is, as in the years leading up to World War II, driving the ruling classes ever more violently to seek a way out of their impasse through nationalism, war and dictatorship. At the same time, it provides the impulse for socialist revolution, the only alternative to world war. The crucial question that must be resolved is the building of a new political and revolutionary leadership for the coming struggles of the working class.
Independent news at its best. If it's blacked-out, covered-up or censored, you can find it here!
Statistic of the Week: The amount of assets/wealth the average adult has in each country:
New study says entire regions of US will
remain in slump until the 2020s
By Jerry White
A new study by a University of California-Berkeley economist says that at current sluggish levels of job growth, entire regions of the United States, which were hit hardest by the Great Recession will not return to “normal” employment levels until the 2020s. This amounts, to “more than a ‘lost decade’ of depressed employment” for “half of the country,” wrote economist Danny Yagan.
21 March 2016
The new study is one of many showing that the fall of the official unemployment rate, touted by the Obama administration and the news media as proof of a robust economic recovery, if not a return to “full employment,” is largely based on the fact that millions of workers fell out of the labor force in the years preceding and following the 2008 financial crash.
The labor-force participation rate fell to a 38-year low of 62.4 percent last fall, and only climbed up to 62.9 percent in February. According to the Economic Policy Institute, February’s official jobless rate of 4.9 percent—the lowest since the pre-recession level of 4.7 percent in November 2007—would really be 6.3 percent if the country’s “missing workers” were included. These include 2.4 million workers who have given up actively looking for work.
Yagan based his findings on a detailed study of some 2 million, similarly paid workers in the retail industry in order to calculate employment patterns across different local areas and to account for occupations that might have been particularly hard hit in one region.
He found that the areas hardest hit by the recession, which began in December 2007 and officially ended in June 2009, continued to have high levels of joblessness in 2014. His map of these distressed areas includes all of Florida and parts of Arizona, Nevada, California, Colorado, New Mexico, the Dakotas, Michigan, Indiana, Ohio, Georgia, Connecticut, New Hampshire and other states.
While different areas of the country are often hit differently by an economic downturn, an article in the Wall Street Journal on Yagan’s study noted, these economically distressed areas generally return to normal levels of employment chiefly because workers move to find work in areas with a higher demand for labor. In the case of the “Great Recession,” however, the mass layoffs resulted in “muted migration,” according to other studies cited by the Journal, and workers simply fell out of the labor market.
“Unlike the aftermath of the 1980s and 1990s recessions,” Yagan wrote, “employment in hard-hit areas remains very depressed relative to the rest of the country.” Living in areas like Phoenix, Arizona, or Las Vegas, Nevada means confronting “enduring joblessness and exacerbated inequality,” Yagan wrote. “If the latest convergence speed continues, employment differences across the United States are estimated to return to normal in the 2020s—more than a decade after the Great Recession.”
The lack of decent job opportunities in large swathes of the country has created a reserve army of unemployed and underemployed workers who are competing for a shrinking number of jobs in areas that are more or less permanently distressed. Last month’s Labor Department employment report noted that the average annual unemployment rate in 36 states, plus Washington, D.C. was higher in 2015 than the average unemployment rate for those states in 2007.
The majority of unemployed people in the US do not receive unemployment insurance benefits, according to the National Employment Law Project, with just over one in four jobless workers (27 percent), a record low, receiving such benefits in 2015.
The details of these studies will come as no surprise for tens of millions of workers across the United States who face unprecedented levels of economic insecurity, ongoing mass layoffs, and more than a decade of stagnating or falling real wages. This has fueled the growth of enormous discontent and the initial stirrings of class struggle by American workers, which the trade unions and both big business parties have sought to channel in the direction of economic nationalism and hostility to workers in China, Mexico and other countries.
In fact, US workers are being subjected to the same attacks as workers around the world. The reports on the employment situation in the US coincide with a continual massacre of jobs in the world’s steel, oil and mining industries, with 1.2 million steel and coal mining jobs targeted for destruction in China alone.
Continual layoffs in the US have been driven by the plunging price of steel, petroleum, coal and other commodities, which has been generated in large measure by the fall in demand from China and other so-called emerging economies. Last week, St. Louis, Missouri-based Peabody Energy, the largest coal mining company in the world, announced it could soon file for Chapter 11 bankruptcy, after its share values fell 46 percent over the last six months.
Peabody has already cut 20 percent of its global workforce since 2012, while spinning off large sections of its operations in order to cheat retirees out of their pensions. The company’s announcement follows bankruptcy filings by both Arch Coal and Alpha Natural Resources and a similar threat from coal mining giant Foresight Energy. In its press release, Peabody pointed to the collapse in the coal market, where the price per ton has fallen to $40 from $200 in 2008.
The steel industry continues to wipe out jobs, with 12,000 steelworkers already laid off or facing imminent job cuts. The largest US steelmaker, US Steel, has slashed thousands of jobs in Texas, Illinois, Ohio, Indiana and Pennsylvania. The aluminum giant Alcoa is just weeks away from closing its smelter in Warrick County, Indiana, wiping out another 600 jobs. Meanwhile, the United Steelworkers (USW) union is pushing for protectionist measures against China, Brazil, Russia and other countries, even as it pushes through concession-laden contracts at US Steel, Allegheny Technologies and now ArcelorMittal.
Early last year, the USW betrayed the strike by thousands of oil refinery workers, blocking any struggle against the brutal restructuring of the industry that is now underway. The plunging of oil prices triggered more than 258,000 layoffs in the global energy industry in 2015—with the number of active oil and gas rigs in the US falling 61 percent. Analysts anticipate a new round of job cuts and bankruptcies in early 2016.
Texas has lost 60,000 energy-related jobs alone, or one-fifth of the workforce in that sector in the state, with North Dakota and Pennsylvania also being hard hit. The current US unemployment rate for the oil, gas and mining sector is 8.5 percent, but could top 10 percent by February, double the national jobless rate.
Last month, the air conditioner maker Carrier announced it was eliminating 1,400 jobs at its Indianapolis plant and a nearby facility, and shipping production to Monterrey, Mexico where wages are approximately $6 an hour. A video shot by a worker, capturing the explosive anger at a meeting of plant workers when a manager makes the announcement, has been viewed millions of times.
Far from organizing any resistance to the closure of the factory and destruction of jobs, however, the USW is collaborating with United Technologies Carrier management to carry out an orderly shutdown and the retraining of displaced workers for lower-paying jobs.
The USW is hostile to any fight to unite American workers with their brothers and sisters in Mexico, who have been engaging in growing resistance to the exploitation by the transnational corporations. USW officials are telling workers to rely on the Democratic Party to implement protectionist trade measures to “save jobs” and “take our country back.” Local and regional union officials have had nothing but kind words about Donald Trump’s efforts to swindle workers with economic nationalist appeals.
The unions have long used economic nationalism to undermine the class-consciousness of workers and to promote the corporatist outlook of “labor-management partnership.” In the name of making the corporations “competitive,” the USW and other unions have suppressed every struggle against plant closings, job cuts and the destruction of wages and benefits.
This has coincided with the political subordination of workers to the Democratic Party, which under the Obama administration has spearheaded the attack on workers’ jobs and wages and the historic transfer of wealth from the bottom to the top.
USW Local 1999, which claims to represent Carrier workers, is urging them to support Democrat John Gregg for Indiana governor. A former land agent for Peabody Coal and lobbyist for Amax Coal Company, Gregg served as the honorary chair of Hillary Clinton’s 2008 campaign in Indiana, and was a proponent of austerity and corporate tax cuts while Speaker of the state Legislature.
IT WAS BILL CLINTON WHO UNLEASHED WALL
STREET'S BIGGEST CRIMINAL BANKSTERS ON US.
IT WAS BILL CLINTON WHO HANDED PARDONS TO
NUMEROUS CRIMINAL BILLIONAIRES.
IT IS BILL CLINTON THAT OPERATES THE PHONY
CLINTON FOUNDATION WHICH IS FUNDED BY CRIMINAL
CRONY BILLIONAIRES, DICTATORS AND BANKSTERS
THAT OWN HILLARY!
Strike 2: Bill Clinton again hits Obama and his 'awful legacy': For the second time this month,
Bill Clinton has slammed President Obama's economy, the latest a
junking of his whole seven-plus years in office as an awful legacy.
In comments video-captured and distributed by the Republican
National Committee, Hillary Clinton's hubby said, If you believe
we've finally come to the point where we can put the awful legacy
of the last eight years behind us, and the seven years before
that...then you should vote for her. A quick calculation of his years
would mean that the gravy years were when he was president.
The strangled American middle class
Wall Street's Looters, the Mexican Fascist
Party of LA RAZA "The Race", and both
corporate bought and owned political parties!
AMERICA'S DRIFT TO REVOLUTION OR
AND NO LEGAL NEED APPLY PHONY RECOVERY
Why Washington’s Political Class Is Losing Control
The Washington political establishment
has hit the panic button.
This town is filled with well intentioned people who believe they are doing the right thing, but far too many have lost their way after years in Washington. Politicians pay more attention to special interests groups and powerful lobbyists writing checks to their next campaigns than listening to the people back home who sent them here in the first place.
This dangerous power vacuum has fueled frustration and
created an entirely new breed of disenfranchised voters who
are fed up with the status quo. These are real people, their
anger is palpable, and it’s not going away anytime soon.
>>> To Read More on This, See Conservatives Win When They Run on Conservative Ideas.
This sentiment is something I heard countless times during my campaign for the United States Senate just over a short year ago. It is what pulled me to get involved personally to try and make a difference. But this is not just happening in Georgia. People across America are angry, frustrated, and scared because they feel as though Washington is not listening to them.
A growing number of Americans are more motivated by this feeling of frustration than any individual political ideology.A growing number of Americans are more motivated by this feeling of frustration than any individual political ideology. The rise of career politicians has completely shifted the political paradigm from just liberal versus conservative. There is now a disconnect between the Washington political class and everybody else—the insiders versus the outsiders.
When most Americans look at the federal government, all
they see is years of failed policies that have made life harder
for them and their families, and a political class that is well
connected and uninterested in giving them a say in how to
right the ship.
People are still hurting, and they are weary of Washington’s penchant for business as usual.
Georgians sent me—someone who had never run for elected office—to the United States Senate to try and do something about it and change the system. In state after state this year, voters have voiced support for presidential candidates who are not part of the political class.
This is a growing movement, and it is bigger than any one candidate or election victory. Unless the political establishment is willing to learn from the anger felt by millions of Americans who feel left behind, this will not end in November.
True to form, though, political elites prefer tearing down individuals to understanding what created this movement. This movement of Americans wants nothing to do with Washington, and neither endorsements nor criticisms are going to change that.
No matter who our Republican presidential nominee is at the end of this process, one thing is clear: We cannot allow Democrats to double down on the failed policies of the last seven years.
A better course of action would be a candid examination of what can be done to regain the trust of the American people. Let’s start with simply listening to them.
EVEN WITH POLLS DOCUMENTING THAT
ONLY 9% OF THE AMERICAN PEOPLE
APPROVE OF CONGRESS, IT IS BUSINESS AS USUAL;
ENDLESS LOOTING FOR THEIR PAYMASTERS ON WALL
STREET AND SURRENDERING MORE OF OUR BORDERS,
JOBS AND WELFARE TO INVADING MEXICANS!
ILLEGAL SHOULD BE HANDED OBAMACARE!
CLINTON'S PLATFORM IS SIMPLE: BUILD THE MEX
WELFARE STATE ON AMERICA'S BACK TO BUY THEIR
THEY ALREADY GET MILLIONS OF OUR JOBS AND
BILLIONS IN WELFARE!
THE AMERICAN THINKER
More free stuff for people who violate our immigration laws! Hillary Clinton and her daughter have teed up a ball for the Republican nominee, whether Trump or Cruz, to hit 400 yards down the fairway. Just over a week ago, Hillary reversed her f...
NO ONE SERVES HIS PAYMASTERS ON WALL STREET MORE THAN
HE SMELLS THOSE SPEECH FEE BRIBES ALREADY!
AND HILLARY IS OBAMA'S CLONE!
Drug prices have also been a theme in the presidential campaign. The
Democratic frontrunner Hillary Clinton, for example, released a campaign
advertisement earlier this month attacking the “predatory pricing” of
Valeant Pharmaceuticals. Like the congressional hearing, this is all for
show. Of all the presidential candidates, Clinton is the top recipient of
donations from the pharmaceutical and health products industry,
taking in $410,460 according to data from the Center for Responsive
US drug prices doubled since 2011
By Brad Dixon
According to a new report by the pharmacy benefits manager Express Scripts, the average price of brand-name drugs increased by 16.2 percent last year. Between 2011 and 2015, branded prescription drug prices have nearly doubled, rising 98.2 percent. Since 2008, the prices have increased by a whopping 164 percent.
18 March 2016
Drug spending rose by 5.2 percent in 2015. This was about half the increase seen in 2014, the year of the largest hike since 2003.
The report is based upon prescription use data for members with drug coverage provided by Express Scripts plan sponsors. In assessing changes in plan costs, the report distinguishes between the relative contributions from changes in patient utilization (e.g. more patients being prescribed the drug) and changes in the unit price of the drug (e.g., price hikes).
In the late 1980s and early 1990s, most drug spending was on traditional drugs (small-molecule, solid drugs) to treat conditions such as heartburn, depression and diabetes. The recent trend has been a shift to specialty drugs. Still, within traditional therapy categories there were significant increases in spending on medications to treat diabetes, heartburn and ulcers, and skin conditions.
Diabetes medications remain the most expensive of the traditional drug categories. Drug spending in this category increased by 14 percent, with the hike being equally influenced by increased utilization of the drugs and rise in unit cost. Three diabetes treatments—Lantus, Januvia and Humalog—were among the top five drugs in terms of spending across all traditional therapy classes.
Although not discussed in the report, an investigation by Bloomberg News last year found evidence of “shadow pricing” by drug manufacturers, where companies raise their prices immediately after their competitors do so. The investigation found that the prices of diabetes drugs Lantus and Lemivir had increased in tandem 13 times since 2009, and evidence of similar shadow pricing for the drugs Humalog and Novolog.
Heartburn and ulcer drugs saw a 35.6 percent increase in spending, almost solely due to the rise in unit cost. Although 92.3 percent of the medications filled in this category were generic, the price unit trend was heavily influenced by the increase in prices of branded drugs such as Nexium, Dexilant and Prevacid.
Treatments for skin conditions also saw a significant increase of 27.8 percent in spending, again due almost completely to rises in the unit costs of the medications. The report notes that these increases occurred for both generic and branded therapies, largely due to industry consolidation through mergers and acquisitions leading to less competition in the market. While 86.3 percent of the drugs filled were generic, many of the generic versions saw sharp increases in unit cost, including the two most widely used corticosteroids, clobetasol (96.2 percent) and triamcinolone (28 percent).
While the overall spending increase for traditional therapy classes was nominal (0.6 percent), the primary factor for the increase in spending came from specialty medications. Specialty medications require special education and close patient monitoring, such as drugs to treat cancer, multiple sclerosis or cystic fibrosis. Spending on specialty drugs rose by 17.8 percent in 2015. The report found that 37.7 percent of drug spending was for specialty drugs in 2015, and the figure is expected to rise to 50 percent by 2018.
Spending in this category was topped by inflammatory conditions—such as rheumatoid arthritis, inflammatory bowel diseases and psoriasis—which rose by 25 percent, driven by a 10.3 percent increase in utilization and 14.7 percent rise in unit cost. The average cost per prescription in 2015 was $3,035.95. The medications Humira Pen and Enbrel, which captured more than 66 percent of the market share for this class, saw unit cost increases of more than 17 percent.
Spending on oncology therapies increased by 23.7 percent, due to both increased use (9.3 percent) and increased unit cost (14.4 percent). New cancer therapies average $8,000 per prescription and the average cancer regimen is around $150,000 per patient. Between 2005 and 2015, the anti-cancer drug Gleevec, manufactured exclusively by Novartis, has seen its price more than triple, with an annual cost of $92,000. In 2015, the year prior to the drug’s patent expiration, Novartis increased the unit cost of the drug by 19.3 percent. This is a common practice for companies facing patent expiration.
Drug spending on cystic fibrosis treatments rose by a significant 53.4 percent, largely based on increases in unit cost (40.9 percent vs. 13.3 percent from patient utilization). This rise was largely due to use of the new oral combination therapy, Orkambi, which became available in mid-2015. The drug costs more than $20,000 per month.
The report forecasts that between 2016 and 2018 spending will increase annually by 7-8 percent for traditional drugs and around 17 percent for specialty drugs.
The prices of generic drugs have on average decreased, although there are notable exceptions. Pharmaceutical companies like Horizon Pharma, Turing Pharmaceuticals, and Valeant Pharmaceuticals have purchased generic drugs and then significantly hiked their prices.
The report notes the emergence of “captive pharmacies” in 2015 as another factor responsible for higher drug spending. Captive pharmacies are owned or operated by pharmaceutical manufacturers and tend to promote their manufacturer’s drugs, rather than generic or other low-cost alternatives. The report gives as examples the arrangements between Valeant Pharmaceuticals and Philidor Rx Services, and between Horizon Pharma and Linden Care Pharmacy.
The Express Scripts data matches the findings released earlier this year by the Truveris OneRx National Drug Index, which found that branded drugs rose by 14.8 percent in 2015.
Despite the widespread media publicity of the notorious drug price hikes by companies like Turing and Valeant, pharmaceutical companies have continued to inflate prices in 2016, with Pfizer leading the way with an average price hike of 10.6 percent for 60 of its branded drugs.
Workers are rightly outraged at the skyrocketing price of drugs. A Kaiser Family Foundation poll conducted last year found that 74 percent of respondents felt that the drug companies put profits before people.
The political establishment, however, has sought both to exploit this anger for electoral support and to direct it into safe channels that do not disrupt the status quo.
A congressional hearing held in January placed a spotlight on the price-gouging practices of HYPERLINK Valeant Pharmaceuticals and Turing Pharmaceuticals, whose dubious activities were highlighted in a pair of congressional memos. The purpose of the hearing, however, was not probe the underlying causes of the sharp rise in drug prices. Instead, legislators sought to safeguard the profits of the pharmaceutical industry as a whole through a verbal lambasting of the industry’s most notorious culprits.
Drug prices have also been a theme in the presidential campaign.
The Democratic frontrunner Hillary Clinton, for example, released
a campaign advertisement earlier this month attacking the
“predatory pricing” of Valeant Pharmaceuticals. Like the
congressional hearing, this is all for show. Of all the presidential
candidates, Clinton is the top recipient of donations from the
pharmaceutical and health products industry, taking in $410,460
according to data from the Center for Responsive Politics.
Clinton’s rival, Bernie Sanders, who has stated that he will support Clinton if he loses the Democratic nomination, received $82,094 in donations from the industry. Sanders has proposed a series of minor reforms to address drug prices, such as the re-importation of drugs from Canada, allowing Medicare to negotiate prices with drug manufacturers, and decreasing the patent life of branded drugs.
None of the candidates, including the “democratic socialist” Sanders, challenge the private ownership of the pharmaceutical industry in which everything from research and development and clinical testing to drug pricing and promotion are subordinated to the profit interests of corporations.
.............. what would have happened to this once great nation if
instead of handing billions in welfare to criminal banksters, and
millions of our jobs to illegals.... we handed free education to
but then we wouldn't need to import boatloads of educated people
to take our tech jobs!!!
OBAMA-CLINTONOMICS: TRANSFERRING THE NATION'S
WEALTH TO THE 1%, JOBS AND WELFARE TO ILLEGALS
TO KEEP WAGES DEPRESSED AND BUILD THE DEM
PARTY BASE WITH MEX FLAG WAVERS
“My greatest worry is working all my life, constantly chasing debt
and never being to own a house or have children,” writes a
millennial named “Gemma” in a section of the series entitled
“#Itsnotjustyou: Millenials share their secret fears.” Continuing,
she states: “The cost of renting privately is rising, the cost of
travelling is rising, the cost of living is rising and yet the salaries
don’t reflect this rise. … I am worried that capitalism is pushing
this and creating a greater wealth inequality gap. It seems
unsustainable and to be driving people apart—a recent example is
the demonization of our own NHS service and the junior doctors.”
Study: Worsening conditions for young people throughout the developed world
Study: Worsening conditions for young
people throughout the developed world
By Nick Barrickman
Incomes for young people born between 1980 and 1994 have hit unprecedented low levels in the aftermath of the 2008 financial collapse, according to a recent investigative series conducted by the UK’s Guardian publication titled “Millenials: The Trials of Generation Y.” The study draws on income statistics from eight of the world’s 15 most advanced economies, including the US, Canada, Great Britain, Australia, France, Italy, Spain and Germany to paint a picture of dimming social prospects for young people throughout the developed world.
15 March 2016
The Guardian cites as contributing factors “a combination of
debt, joblessness, globalization, demographics and rising
house prices” which “have grave implications for everything
from social cohesion to family formation.” Whereas during the
1970s and 1980s people in their 20s averaged more than the
national income, the study found that young couples and
families in five of the eight countries listed made 20 percent
less than the rest of the population today.
“It is likely to be the first time in industrialized history, save for periods of war or natural disaster, that the incomes of young adults have fallen so far when compared with the rest of society,” the British newspaper states.
In the US and Italy, incomes were lower in actual figures than they were a generation ago, with Americans averaging a yearly salary of $27,757 in 2010 compared to $29,638 in 1979. The study notes that young US workers currently make less than those in retirement. In France, households headed by individuals under the age of 50 made less disposable income than recent retirees. In Italy, an 80-year-old pensioner possesses more income than someone under the age of 35.
In many cases, the 2008 financial collapse simply accelerated trends that were already underway. Housing prices in Great Britain and Australia are among the most expensive in the developed world. The average price for a home in Sydney, Australia, is $1 million in Australian dollars, more than 12 times the median household income in the city. The average home loan for first-time buyers in New South Wales is A$424,000. This figure has increased by 43 percent in the past four years alone.
According to the Australian Bureau of Statistics, housing prices have increased more sharply and for a longer period in the past 20 years than at any time since 1880. The Guardian notes that housing costs in the UK and Australia have been increasing at a “neck and neck” pace ahead of the average household income. “We’re heading for a world where rates of home ownership among young people are below 50 percent for the first time,” states Alan Milburn of the Social Mobility and Child Poverty Commission, adding that the UK is heading toward becoming “a society that is permanently divided.” Income for those in their late 20s in the UK remain below levels seen in 2004-2005.
A recent survey by British polling firm Ipsos Mori found that 54 percent of those questioned thought the next generation was or would be worse off than the previous. “It’s the highest we’ve measured—it’s completely flipped around from April 2003,” stated Bobby Duffy, managing director of Ipsos Mori’s Social Research Institute of the findings.
In addition, more than a quarter of individuals in this age group live with their parents. An average woman in this age group today waits 7.1 years longer to become married than in 1981; and the average age of childbirth for young families is nearly four years later than those in 1974.
“My greatest worry is working all my life, constantly chasing
debt and never being to own a house or have children,”
writes a millennial named “Gemma” in a section of the series
entitled “#Itsnotjustyou: Millenials share their secret fears.”
Continuing, she states: “The cost of renting privately is rising,
the cost of travelling is rising, the cost of living is rising and
yet the salaries don’t reflect this rise. … I am worried that
capitalism is pushing this and creating a greater wealth
inequality gap. It seems unsustainable and to be driving
people apart—a recent example is the demonization of our
own NHS service and the junior doctors.” Many others share similar nightmares.
The study comes amid other findings revealing similar declines in living standards for youth in the developed world. A 2013 Organization for Economic Co-operation and Development (OECD) report found nearly 30 million youth in the developed capitalist countries without a job or an education, the basic requirements for functioning in society.
The circumstances faced by young people throughout the world speak to a systemic breakdown of the social order in both the so-called developing and advanced countries, which has been compounded by war and militarism, consecutive attacks on living standards and cuts to social programs, which invariably hit the youngest and most vulnerable the hardest. Though not covered by the study, European nations such as Greece have been reduced to conditions unseen in the developed world, with youth unemployment at over 60 percent due to attacks on living standards demanded by the European Union and enforced by consecutive governments, both right and “left,” under Syriza.
The authors of the Guardian investigation, in an effort to divert rising anger away from the social system responsible for the poverty, destruction of living standards and attendant social misery, single out the relatively-better off living conditions of retirees in order to make a case for attacking pensions and other benefits accruing to the older generation. The publication quotes a recently published interview with Mario Draghi, head of the European Central Bank (ECB), who states “in many countries the labor market is set up to protect older ‘insiders’—people with permanent, high-paid contracts and shielded by strong labor laws. … The side-effect is that young people are stuck with lower-paid, temporary contracts and get fired first in crisis times.”
Rather than receiving expanded employment, pay and
access to better living conditions, it is proposed that the
young and the old fight over the rapidly diminishing
resources made available by bourgeois public officials and
the wealthy. While Draghi advocates attacking the pay and benefits of older workers, the ECB head has funneled billions into the hands of European banking institutions; recently upping the monthly total of cash infusions to €80 billion from €60 billion previously and adding to the wealth of the financial elite.
The fate of retirement benefits and wages under the profit-system is pointed to when the newspaper notes “pensioners’ incomes are likely to rise for at least the next decade, after which future generations will be unlikely to benefit [due to] a drop in home ownership, weaker private sector pension schemes and the expectation that state pensions will be less generous in the future.”
OBAMA-CLINTONOMICS: SERVE THE
RICH, WALL STREET CRONIES AND LA
RAZA, THE MEX FASCIST PARTY of
Then hand what is left of the American middle
class the tax bills for bailouts and Mexico's
crime wave in our open borders and LA
RAZA "The Race" welfare state on our backs!
"The Clinton family charities have outsourced many U.S. white-collar jobs to foreign college graduates instead of hiring American college graduates."
Oops! Clinton Foundation outsourced tech jobs to
H-1B visa holders
The Clinton family charities have outsourced many U.S. white-collar jobs to foreign college graduates instead of hiring American college graduates.Hey, those private jets and 5-star luxury hotels favored by the traveling Clintons don’t come cheap, so they’ve got to pinch pennies wherever they can. And besides, a lot of their money comes from foreign sources, so
The outsourcing started in 2004 and it continues to this year. When asked if the foundation is still hiring foreign white-collar workers via the controversial H-1B visa program, Vena Cooper, one of the foundation’s personnel officers, responded “We do.”
The foundations declined to answer questions from Breitbart News, but available data shows they sought to hire up to 130 foreign graduates. That’s roughly half the number of 250 jobs outsourced by Disney last October, which has reignited political criticism of the middle-class outsourcing program.
The 130 foreign graduates sought by the Clinton’s foundations were and are not immigrants. Instead, they’re temporary “guest” workers who fill outsourced professional jobs for up to six years.
The Clintons’ foreign graduates have been hired via the H-1B visa program that also is used by Disney and U.S. corporations and universities to employ a population of roughly 650,000 young and cheap foreign professionals in business, design, healthcare, software, science, education, p.r. and media and pharmaceutical jobs. After their six years in the United States, most H-1Bs return
home with the work-experience and connections that help them compete against U.S. professionals in the global marketplace.
The young foreign H-1B professionals are also used to push down average salaries earned by experienced and older American professionals. In turn, those salary cuts boost profit margins and company values on Wall Street.
they’re just returning it to some of the home countries.
Read more: http://www.americanthinker.com/blog/2016/03/oops_clinton_foundation_outsourced_tech_jobs_to_h1b_visa_holders.html#ixzz42cTZSzX3
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US employment report: Payrolls rise,
By Barry Grey
President Barack Obama seized on the February employment report, released Friday morning by the Labor Department, to tout the supposed “success” of his economic policies and paint a picture of a thriving US economy. The report, which showed a larger-than-predicted growth in private nonfarm payrolls of 242,000 jobs, confirmed that the US economy was “the envy of the world,” Obama told reporters at a White House appearance.
5 March 2016
“The fact of the matter is that the plans that we have put in place to grow the economy have worked,” he boasted.” He derided “an alternative reality out there from some of the political folks that America is down in the dumps.” He countered, “America is pretty darn great right now.”
He did not attempt to explain why the “alternative reality,” which his labor secretary, Thomas Perez, attributed to “fear-mongers and fact-deniers,” is believed by tens of millions of Americans, whose anger over economic injustice is dramatically reflected in the current election campaign.
One does not have to look too closely at the Labor Department’s report, however, to get an idea of what is fueling the social indignation of working people in the eighth and final year of the Obama administration. Behind the top-line number for new jobs and the quasi-fictional official unemployment rate of only 4.9 percent, ongoing trends with disastrous consequences for the working class are evident. They account for two other important indices in the report: a decline in average earnings from the previous month of 3 cents, or 0.1 percent, to $25.35, bringing the increase for the year down to just 2.2 percent, and a fall in the average private-sector workweek of 0.2 hours to 34.4 hours, a two-year low.
These two figures arise from the fact that the vast bulk of new jobs created in February were low-wage and a huge percentage were part-time. The low-paying service sector—retail, bars and restaurants, health care—accounted for 245,000 jobs. The reality of recession in basic production was reflected in a 16,000 decline in manufacturing and the loss of another 19,000 mining jobs, bringing to 171,000 the total decline in mining since September 2014. The only better-paying industrial sector that saw an increase was construction, which recorded a gain of 19,000.
Another figure highlights the hollow and socially regressive character of Obama’s so-called “recovery.” The financial cable network CNBC pointed out that according to the Labor Department’s household survey, which is the basis for the unemployment rate figure (the figure on payroll growth is derived from a separate survey of business establishments), full-time jobs increased in February by only 65,000, while part-time positions increased by 489,000. This means that a mere 11.7 percent of new jobs in February were full-time!
These statistics point to the fact that the American ruling class, through its instrument, the Obama administration, has utilized the financial crash of 2008, for which it was responsible, to fundamentally reorganize the US economy, transforming it into a low-wage system. The millions of decent-paying jobs that were destroyed have been largely replaced by poverty-wage, part-time and temporary jobs.
The median household income has fallen sharply. Pensions and health benefits have been gutted, schools closed by the thousands, teachers and other public workers laid off by the millions. At the other end, the Federal Reserve and the US Treasury have pumped trillions of dollars into the financial markets, driving up the stock market and bringing the concentration of wealth at the very top to unprecedented levels. This is what Obama lauds as “success.”
Meanwhile, millions of Americans remain mired in long-term unemployment. The number of long-term unemployed, defined as without work for 27 weeks or more, was essentially unchanged at 2.2 million in February. This number has not shifted significantly since last June. The long-term jobless accounted last month for 27.7 percent of the unemployed, a far higher percentage than in any previous period categorized as an economic recovery.
A broader measure of unemployment that includes people working part-time but wanting full-time work and those too discouraged to seek employment registered 9.7 percent last month, nearly double the official jobless rate. There are, in addition, millions of people who have dropped out of the labor market and are not even counted in government employment reports.
While the employment-to-population ratio edged up to 59.8 percent and the labor force participation rate rose slightly to 62.9 percent, both measures remain extraordinarily low by historical standards.
The impact of soaring social inequality and falling living standards for broad sections of the population is reflected in a growing crisis in the retail sector. This week, sporting goods chain The Sports Authority filed for Chapter 11 bankruptcy protection and announced it was closing at least 140 of its 463 stores and laying off 3,400 of its 13,000 employees. This follows recent announcements by Walmart, Sears/Kmart and Macy’s of hundreds of store closures and thousands of layoffs.
Hillary Clinton repeatedly claims that she is the champion of the little guy. It has always been a risible claim, but if any of her supporters (including at the Post) are actually paying attention to the scoundrel, this latest gambit ought to disabuse them of the notion.
The last refuge of the scoundrel Hillary
This strategy is reflected in the campaign’s current mantra that “everybody,” including former secretaries Colin Powell and Condoleezza Rice, at one time or another sent emails that were later determined to be classified. A recent Washington Post analysis of Hillary’s released classified emails demonstrates that she directly sent at least 104 to various aides and officials, and that they too, including the current secretary of state, John Kerry, occasionally sent out emails through nonsecure servers that were later deemed classified. However, what the analysis also shows is that these government officials, when they did use unsecured servers, at least used government accounts, which provide a measure of security, not a private home-brewed server like Mrs. Clinton’s.
The Post’s news editors must be popping a lot of Thorazine, because their coverage of Clinton is increasingly schizophrenic. As longtime readers of the paper know, the news operation is considerably more left-leaning than the editorial side (which occasionally takes a more centrist view). News stories are routinely slanted to present the most favorable liberal perspective and mock or demean opposing outlooks. This tendency is apparent in the Clinton case as well. The Post has broken some important stories in the email scandal, like the recent revelation that the Justice Department granted former Clinton I.T. aide Bryan Pagliano immunity. And the Post’s most heroic figures, Bob Woodward and Carl Bernstein, have separately suggested that the Clinton scandal is the real thing. But since Hillary is the Post’s gal, they seeded the Pagliano report with expert liberal analysis that suggested that the immunity deal is either nothing to get excited about (a weird way to promote a scoop) or actually a good thing for Clinton, while omitting contrary interpretations.
The Post’s analysis of her emails follows the same pattern. On the one hand, the news that Clinton herself personally authored over 100 classified items cuts against her chosen narrative that she got a lot of emails and that she can hardly have been expected to actually read and analyze them all for security issues as she received them or passed them on. On the other hand, the article goes out of its way to suggest that this was an endemic problem at State. And strangely again, the explanation is rather contradictory. We are told that the sending and receipt of classified information was the result of poor security procedures that preceded Clinton’s arrival. But we are also told (in line with claims made by Clinton and her campaign) that there is a culture of “over-classification” in the government. So which is it? Were officials at State too lax about security procedures or too anal? If nothing else, one thing this controversy demonstrates is that the Clinton State Department was pretty much a mess.
But besides the country itself, which is now enduring yet more Clintonian malfeasance in the midst of a critical election, are many individuals that Clinton is cold-bloodily demeaning in an attempt to exonerate herself with the “everybody did it” canard. This rests on the weak premise that other government officials – aides, ambassadors, career officials – occasionally misidentified information as innocuous or insufficiently sensitive to merit security classification. There is little doubt this happened, and continues to happen, as government employees do their best to protect sensitive information but not bog the government down in layers of unnecessary security protocol. But none of the officials identified in the Post analysis did this deliberately by establishing a private home-brewed email system to avoid State Department classification procedures entirely – and this no less, by the head of the State Department itself.
The Post article anonymously quotes one poor soul (identified as a former senior official) whose good name has now been impugned as a careless operator: “I resent the fact that we are in this situation – and we’re in this situation because of Hillary Clinton’s decision to use a private email server.”
Hillary Clinton repeatedly claims that she is the
champion of the little guy. It has always been a
risible claim, but if any of her supporters
(including at the Post) are actually paying
attention to the scoundrel, this latest gambit ought
to disabuse them of the notion.
"As alarming as those numbers are, it's gotten a whole lot worse.
It's the reason why in both 2013 and 2015 I introduced legislation,
the "Remittance Status Verification Act," to fix this. I call this the
"Wire Act" for short."
"My bill would require a fee on remittances for customers who
wire money to another country but cannot prove that they are in the
United States legally. The fee would be used to enhance border
security. Basically, we would be able to dramatically improve
border security while making illegal immigrants pay for it."
"We also have evidence that many of those illegals who are
remitting money are more likely to be illegal immigrant
households receiving Social Security, health care benefits,
unemployment insurance and/or stimulus money. Is it really fair for
those individuals to live off our tax dollars but send untaxed, under-
the-table money abroad?"
ON TOP OF THESE FIGURES ADD THE TENS OF BILLIONS HANDED TO INVADING MEXICANS IN THE FORM OF WELFARE.
ON THE STATE LEVEL ALONE, MEXIFORNIA HANDS LA RAZA $30 BILLION IN SOCIAL SERVICES.
THE COUNTY OF LOS ANGELES CHIPS IN ANOTHER BILLION FOR THE LA RAZA ANCHOR BABY BREEDING FOR GRINGO WELFARE PROGRAM.
NOW..... HOW MUCH DOES THE MEX DRUG CARTELS HAUL BACK? SOME ESTIMATES PUT THE NUMBER AT $40 - $60 BILLION!
BLOG: IT IS ESTIMATED THAT THE COUNTY OF LOS
ANGELES HAS A MEXICAN TAX-FREE UNDERGROUND
ECONOMY CALCULATED TO BE IN EXCESS OF $2
BILLION PER YEAR!
There are the billions of taxpayer dollars used to
subsidize illegal immigrants' health care and education.
There's the revenue we lose out on when illegal
immigrants don't pay income taxes. And there's a less
recognized pot of billions — the billions of dollars of
earnings that illegal immigrants wire out of the United
States with no tax or penalty.
We need to crack down on illegal immigrants
wiring money out of the U.S.: We need to
crack down on illegal immigrants wiring
money out of the U.S.
Why is everything amnesty?Senator Cruz and Rubio will argue a lot about amnesty in the next few days. I guess that standing against amnesty has become the new flag that every GOP candidate wants to carry.
Yet who is actually calling for amnesty? Or something like what President Reagan did in 1986?
Have they changed the definition of the word amnesty? According to the dictionary, amnesty is "the act of an authority (as a government) by which pardon is granted to a large group of individuals."
Who is pardoning any group or letting people stay here without consequences?
The GOP should be for an immigration solution that enforces the law against employers and protects the border. At the same time, what is wrong with offering some of those here a chance to stay here? It would go like this:
BLOG: THAT JOB THAT "ALREADY EXISTS" BELONGS
TO AN UNEMPLOYED LEGAL!
BLOG: LET US REVIEW OBAMA'S SABOTAGE OF OUR LAWS AND PROMISE OF NON-ENFORCEMENT!
BLOG: LET US REVIEW OBAMA'S SABOTAGE OF
OUR LAWS AND PROMISE OF NON-ENFORCEMENT!
BLOG: MEXICANS ARE A CRIME TIDAL WAVE AND OBAMA LETS THEM LOSE ON US WEEKLY!
BLOG: UNDER OBAMA AND HISPANDERING
HOLDER, THE DEMS HAVE SABOTAGED E-VERIFY
NATIONWIDE. AMNESTY IS ALL ABOUT KEEPING
WAGES DEPRESSED AND BUYING THE ILLEGALS'
VOTES WITH OUR JOBS AND BILLIONS IN
BLOG: "HUMAN ENFORCEMENT" HALF THE
MURDERS IN LA RAZA-OCCUPIED MEXIFORNIA ARE
BY MEXICANS! THERE HAVE BEEN MORE THAN 2,000
CALIFORNIANS MURDERED BY MEXICANS WHO FLED
BACK OVER THE BOARD TO AVOID
WILL NOT HEAR FROM THE PRO-AMNESTY GROUPS
ABOUT THE VIOLENCE OF THE OCCUPYING
We have been arguing about immigration for too long. It's time to fix the problem rather than just shout at each other. As Newt Gingrich said in 2012:
And I'm prepared to take the heat for saying, let's be humane in enforcing the law without giving them citizenship but by finding a way to create legality so that they are not separated from their families.So let's stop shouting about immigration, settle the issue, and move to other topics, like ISIS and the U.S. economy.
P.S. You can listen to my show (Canto Talk) and follow me on Twitter.
Gang of Eight? What Gang of Eight?
By Mark Krikorian
The Corner at National Review Online, February 16, 2016
Marco Rubio’s excuse du jour for his central role in passing the monstrous Gang of Eight amnesty/immigration-surge bill is the most shameless yet: “Rubio: Gang of 8 Bill Never Intended to Become Law“. Coulda fooled me!
The Hill wryly noted “This represents a sharp departure for Rubio.”
I’ll say. In his final speech on the Senate floor before voting on S.744, Rubio concluded, “Here in America, generations of unfulfilled dreams will finally come to pass. And that’s why I support this reform.” Not sure how much clearer you can get.
Rubio’s latest excuse would have fooled Harry Reid too; he dedicated the bill to Ted Kennedy and said, when it passed, “And while I am sad that Senator Kennedy isn’t here to see history made, I know he is looking at us proudly and loudly.” Whatever that means, it sure doesn’t sound like he didn’t intend the Gang of Eight bill to become law.
Or Lindsey Graham, after the bill got 68 votes: “This is overwhelming support for the bill … This is incredibly pleasing.”
Pat Leahy didn’t seem to think the bill was just for show either: “Today is another historic day in the Senate. This legislation will reunite families. It will bring millions of people out of the shadows and into our legal system. It will spur job growth and reduce our deficit. And it will make us safer.”
Or Chuck Schumer: “The bill has generated a level of support that we believe will be impossible for the House to ignore.”
If I may steal a line from one of my Twitter followers, next thing you know Rubio will tell us it was really just the Gang of Seven all along.
US FROM TERRORIST EVEN AS OUR
BORDERS ARE WIDE OPEN FOR THE
MEX INVADERS AND THEIR DRUG
Overlooks Terrorists, Criminals, and Illegal
Aliens on a Large Scale
By Dan Cadman
CIS Immigration Blog, February 16, 2016
. . .
Calculating those figures, it means that more than 16 percent of the individuals who were subjected to these secondary inquiries (which represent only a small fraction of the workforce) — and, as Roth notes, already recipients of airport clearances — were illegal aliens with no right to work. What's more, Roth also notes that airport authorities routinely fail to annotate their security credentials with the expiration date of aliens' employment authorization documents, meaning that such persons are routinely employed in sterile areas long past their legally authorized right to work.
Which raises the question: Why have rules not been written that simply preclude individuals with limited time authorizations on their work permits or, better yet, who are not legally authorized to live in the United States on a permanent basis, from being employed in secure areas of airports? Is this so onerous, given the importance of securing the safety of the traveling public?
But back to the immediate issue of TSA and its oversight of airport authorities doing the credentialing. There is obviously something seriously amiss.
Why, for instance, is E-Verify not being used in each and every application for credentialing?
. . .
HAVE MEXICANS DESTROYED
AMERICA'S EDUCATION SYSTEM?
Schools Undergo Comprehensive Immigration Reform
CIS Immigration Blog, February 19, 2016
. . .
Given the obstacles they face, the poor academic performance of immigrant students is not surprising and has been well documented. English-language fluency, test scores, and graduation rates lag far behind. Some researchers have even called the situation a crisis that threatens democracy itself. But more troubling than slow academic progress is the way mass immigration is shifting the educators' focus. When resources and time are diverted from teaching, the quality of education deteriorates. Learning becomes secondary when teachers are trying to keep children safe and well-adjusted.
. . .
Border Surge Solution: Send ‘Em to Camp
By Michelle Malkin
Human Events Online, February 17, 2016
. . .
As Brandon Judd of the National Border Patrol Council testified on Capitol Hill recently: “The cartels understood that the unaccompanied minors would force the Border Patrol to deploy Agents to these crossing areas in order to take the minors into custody. I want to stress this point because it has been completely overlooked by the press,” he told the House Judiciary Committee. The unaccompanied minors could have walked right up to the port of entry and requested asylum if they were truly escaping political persecution or violence. “Why did the cartels drive them to the middle of the desert and then have them cross over the Rio Grande only to surrender to the first Border Patrol Agent they came across?” Judd challenged.
“The reason is that it completely tied up our manpower and allowed the cartels to smuggle whatever they wanted across our border.”
This is just another maddening example of Obama’s warped priorities at work. Instead of building effective walls and enforcing our borders to prevent the coming illegal immigration waves manufactured by criminal racketeers, this administration rushes to build welcome center magnets that shelter the next generation of Democrat voters.
. . .
U.S. Failed Three Times to Deport Illegal
Alien Who Murdered Woman
Judicial Watch Corruption Chronicles,
February 18, 2016
. . .
Here’s what we already know from local media reports in Norwich, the city of about 40,000 residents where the murder occurred; the DHS agency responsible for deporting illegal immigrants, Immigration and Customs Enforcement (ICE), failed to remove Jacques at least three times dating back to 2002. As if this weren’t atrocious enough, Jacques spent 17 years in prison for attempted murder before authorities released him—instead of deporting him—in January of 2015, the Norwich Bulletin reports. Six months later the 41-year-old illegal alien convict stabbed 25-year-old Casey Chadwick to death. Police said Chadwick died of sharp forced injuries to the head and neck. Jacques is being held on a $1 million bond.
Unfortunately, this is not an isolated case. In the last few years illegal immigrants with lengthy criminal histories have been allowed to remain in the U.S. despite being repeat offenders. Judicial Watch has investigated several of the cases and obtained public records from the government. For instance, back in 2008 JW launched a California public records request with the San Francisco Sheriff’s Department to obtain he arrest and booking information on Edwin Ramos, an illegal alien from El Salvador who murdered three innocent American citizens. Ramos was a member of a renowned violent street gang and had been convicted of two felonies as a juvenile (a gang-related assault on a bus passenger and the attempted robbery of a pregnant woman) yet he was allowed to remain in the country.
. . .
UNIVISION: MOUTHPEICE FOR LA RAZA
"The Race" FASCISM
Univision News Howls 'Anti-Immigrant' at
Proposed Wisconsin Laws
By Jorge Bonilla
NewsBusters.org, February 12, 2016
Univision News' national broadcast continues to howl at any legislative attempt to protect local communities by enforing our immigration laws. The latest instance comes from efforts in Wisconsin.
Wednesday evening's newscast featured a story about two enforcement proposals recently filed in Wisconsin: one to ban sanctuary city policies, and the other to ban local governments from issuing official alternate ID's to illegal immigrants.
Anchor María Elena Salinas' introduction to the story was less incendiary than her late-night counterpart, which we covered last week. The "anti-immigrant" framing was presented indirectly ("activists say"...), as opposed to Ilia Calderón's direct indictment of Florida's HB675 (which overwhelmingly passed the House but seems destined to die in the Senate). Nonetheless, the screengrab above (which reads "anti-immigrant proposals") reflects a reversion to classic form.
. . .