Color me doubtful that anyone listens to him.
Obama Seeks Brother of "Chicago Mob Boss" for Top White House Post
The roaches and con-artist, fake journalist on cable news are all lying about William Daley being all this and all that, this man is an open borders, down with America, free trade globalist. MSNBC and Gretta "the Scientology" Van Susteren from Fox News are knowingly deceiving the public about D. Issa & his letter to "business owners"=which they made into such a BIG DAM DEAL, but no one says anything when Barrack Hussein Obama, comes around with all of these shady bankers, hedge fund managers and Wall St. Tycoons, which he puts in his cabinet. All of Obama's meeting with Wall Street asking, "What can I do for you?" is never something covered by Keith Oberman or Rachel Maddow.
(Bloomberg) -- President Barack Obama is considering naming William Daley, a JPMorgan Chase & Co. executive and former U.S. Commerce secretary, to a high-level administration post, possibly White House chief of staff, people familiar with the matter said.
BOOK
Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses
BY TIMOTHY P CARNEY
Editorial Reviews
Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.
Congressman Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.” And Johan Goldberg, columnist and bestselling author says, “Obamanomics is conservative muckraking at its best and an indispensable field guide to the Obama years.”
If you’ve wondered what’s happening to America, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obama was supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers.
Investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics. In this explosive book, Carney reveals:
* The Great Health Care Scam—Obama’s backroom deals with drug companies spell corporate profits and more government control
* The Global Warming Hoax—Obama has bought off industries with a pork-filled bill that will drain your wallet for Al Gore’s agenda
* Obama and Wall Street—“Change” means more bailouts and a heavy Goldman Sachs presence in the West Wing (including Rahm Emanuel)
* Stimulating K Street—The largest spending bill in history gave pork to the well-connected and created a feeding frenzy for lobbyists
* How the GOP needs to change its tune—drastically—to battle Obamanomics
Praise for Obamanomics
“The notion that ‘big business’ is on the side of the free market is one of progressivism’s most valuable myths. It allows them to demonize corporations by day and get in bed with them by night. Obamanomics is conservative muckraking at its best. It reveals how President Obama is exploiting the big business mythology to undermine the free market and stick it to entrepreneurs, taxpayers, and consumers. It’s an indispensable field guide to the Obama years.”
—Jonha Goldberg, LA Times columnist and best-selling author
“‘Every time government gets bigger, somebody’s getting rich.’ With this astute observation, Tim Carney begins his task of laying bare the Obama administration’s corporatist governing strategy, hidden behind the president’s populist veneer. This meticulously researched book is a must-read for anyone who wants to understand how Washington really works.”
—David Freddoso, best-selling author of The Case Against Barack Obama
“Every libertarian and free-market conservative who still believes that large corporations are trusted allies in the battle for economic liberty needs to read this book, as does every well-meaning liberal who believes that expansions of the welfare-regulatory state are done to benefit the common people.”
—Congressman Ron Paul
“It’s understandable for critics to condemn President Obama for his ‘socialism.’ But as Tim Carney shows, the real situation is at once more subtle and more sinister. Obamanomics favors big business while disproportionately punishing everyone else. So-called progressives are too clueless to notice, as usual, which is why we have Tim Carney and this book.”
—Thomas E. Woods, Jr., best-selling author of Meltdown and The Politically Incorrect Guide™ to American History
· Hardcover: 256 pages
· Publisher: Regnery Press (November 30, 2009)
· Language: English
· ISBN-10: 1596986123
· ISBN-13: 978-1596986121
The Obamas tackle climate change and wealth inequality
In a remarkable commitment to their tireless fight against climate change and wealth inequality, Barack and Michelle Obama reportedly are purchasing a magnificent $15-million oceanfront mansion in Martha’s Vineyard, presumably as a much-needed retreat to supplement the $9-million mansion they already own in one of the most exclusive areas of the nation’s capitol.
A fierce opponent of fossil fuels and wealth inequality, the former president has harshly criticized rich people for the oversized, carbon-gluttonous houses they buy. On April 25, 2010, the president who would become fabulously wealthy in retirement scolded Wall Street CEOs with this admonition:
I do think at a certain point you’ve made enough money.
His views about the sin of making too much money haven’t changed. During a speech last year in South Africa, this shining example of environmental stewardship and unparalleled concern for the poor spoke passionately about the unfairness of some people having more money than others in blasting rich people for their excessively lavish lifestyles:
There’s only so much you can eat; there’s only so big a house you can have; there’s only so many nice trips you can take. I mean, it’s enough.
That direct quote came from the lips of a man who, along with his wife, is sitting atop a nest egg estimated at a meager $135 million. But don’t feel sorry for them, because there’s much more to come: with money barreling their way like a runaway train, the concerned couple is rapidly becoming a billion-dollar brand.
Sharing with the less fortunate: During the five years from 2000-2004, a period when they earned $1.2 million, Barack and Michelle Obama donated less than one percent of their income to charity, ten times less than the tithing guidelines of their professed Christian faith. Only when Obama decided to run for president did the couple’s charitable instincts improve.
Protecting the planet: During his first full day in the White House, President Obama was photographed without his suit jacket. Senior advisor David Axelrod explained: “He’s from Hawaii, okay? He likes it warm. You could grow orchids in there.” While campaigning, Obama vowed to exhibit environmental leadership if elected: “We can’t drive our SUV’s and eat as much as we want and keep our thermostats set at 72 degrees. That’s not leadership. That’s not going to happen [with me].”
In decreeing that rich people make too much money and that global warming is an imminent threat to our very survival, this ultra-wealthy man and his ultra-wealthy wife decided to indulge themselves in another opulent mansion, this one sitting on 29 oceanfront acres on one of the most exclusive islands in the world. While homeless people are sleeping on the streets and our planet is being destroyed by CO2, the Obamas are living large, a pitifully small reward for two remarkable people who bend over backwards to show leadership in the fight against climate change and wealth inequality.
An electrical engineering graduate of Georgia Tech and now retired, John Eidson is a freelance writer in Atlanta. American Thinker recently published related article of his titled "Harrison Ford, Climate Hypocrite" and "A $600 fill-up?"
HE OBOMBS HAVE ALWAYS LIVED LIKE THE 1% WHOM THEY SERVED AND GROVELED AT THE FEET OF.
Nolte: Michelle Obama Condemns ‘White Flight’ After Purchasing Home in Martha’s Vineyard
Gerardo Mora/Getty Images
JOHN NOLTE
31 Oct 2019113
5:28
Former first lady Michelle Obama condemned white people for fleeing minority neighborhoods just weeks after she and her husband purchased a $15 million estate in Martha’s Vineyard.
Martha’s Vineyard is 95 percent white and just two percent black.
Martha’s Vineyard is almost as white as an Elizabeth Warren rally.
Martha’s Vineyard is whiter than my subdivision here in rural North Carolina.
Martha’s Vineyard is whiter than MSNBC.
During a Tuesday appearance at the Obama Foundation Summit in Chicago, she said, “But unbeknownst to us, we grew up in the period — as I write — called ‘white flight.’ That as families like ours, upstanding families like ours … As we moved in, white folks moved out because they were afraid of what our families represented.”
“And I always stop there when I talk about this out in the world because, you know, I want to remind white folks that y’all were running from us.” She went on, “This family with all the values that you’ve read about. You were running from us. And you’re still running, because we’re no different than the immigrant families that are moving in … the families that are coming from other places to try to do better.”
Did I mention that Michelle and Barry just purchased a $15 million estate in Martha’s Vineyard, which is 95 percent white?
Oh, and did I mention the Obamas own a second home, an $8 million mansion, in the exclusive DC neighborhood of Kalorama, which is 80 percent white and just four percent black.
Oh, and did I mention the Obamas have a third home, a $5.3 million mansion, in Rancho Mirage, California, which is 89 percent white and just 2.6 percent black.
Oh, sure, the Obamas still own their Chicago home in Hyde Park, which is at least 26 percent black. But you would think they could do better than 26 percent!
I like Michelle Obama. I have always liked Michelle Obama. I’ve never said an unkind word about her, quite the opposite, and while I find her politics ignorant, she was a terrific first lady.
But this is nuts…
Not only is she attacking white people for seeking a better standard of living, which I can assure you (as I will explain below) has little to do with racism, she is also attacking whites after she herself “fled” to 95 percent white Martha’s Vineyard (I will never stop repeating this point) and two other homes in areas where the black population is less than 5 percent.
Worse still, she is putting white people in a position where they can never win, where they are damned if they do or don’t, where they are always and forever racist.
If white people move out of a black neighborhood, they’re racists engaging in white flight.
But…
And this is important…
If white people move into a minority neighborhood, they are also racists for either engaging in gentrification — which is just another form of cultural genocide, donchaknow — or cultural appropriation.
Now I’m going to tell you a little something about white flight, from my own experience…
Because I was poor, back in the mid-eighties, I lived in the inner-city of Milwaukee for two years. My wife and I did not flee (my wife is not white, by the way) because of “icky minorities” (did I mention my wife is not white?), we fled because it was not safe to live there. It was never safe. Over those two years, we had been mugged, robbed, and had our car stolen. That’s why we left.
And when we fled, it was to a community that was still not as white as *ahem* Martha’s Vineyard.
In 2002, my wife and I moved to California for nine years and lived in an East Los Angeles neighborhood that was just four percent white. For nearly a decade, I was outnumbered 96-4 and never gave it a thought because I was not outnumbered. A darker skin tone, an accent, and different religious traditions did not make my neighbors any less American than me, and when I am among Americans I am among my own. We left because predominantly white leftists are destroying California.
Then there’s my poor dad…
He moved to the Northside of Milwaukee in 1980, and spent decades, a lot of money, and a ton of sweat, remodeling his home, building a garage, and paying that home off. He intended to retire there. And yes, there were black people in his neighborhood when he moved in, and for most of his adult life he worked in predominantly black institutions. He never intended to move, and held on for as long as he could… He didn’t flee because of black people. He was not forced to start all over at age 67 because he suddenly decided he didn’t like blacks. He left because he was robbed, because gangs started tagging his house and garage, because it was no longer safe to live there.
You know…
If we’re going to shame people for such things, what does it say to black people when other black people, especially the first black president and his family, reject them? What the hell kind of message is this to send to black Americans, especially when the Obamas can afford the security to live safely in any neighborhood they choose?
And if the Obamas wanted to live in Southern California, why choose Rancho Mirage over Ladera Heights, the Black Beverly Hills, a predominantly black neighborhood as swank as any in America?
Shame on Michelle and Barack Obama. They have the money and profile to make an important statement on this issue, but they obviously prefer to live in overwhelmingly white neighborhoods.
Follow John Nolte on Twitter @NolteNC. Follow his Facebook Page here.
Diamond Life: Michelle Obama rents out $23-million Hollywood Hills mansion for a night
Apparently, a hotel, even a luxury hotel, was not good enough.
Former first lady Michelle Obama had to go big, renting out a $23-million Hollywood Hills mansion for...a night. The New York Post has the pictures of it here. Several news accounts explained it as possibly a rental to try and buy, something most home-buyers don't get to do. Whether she actually paid is also a big question mark, and if so, whether she paid market value (which would have cost more than a fancy hotel) or received her night there a "gift," which presents its own ethics problems.
The Shark House, which is located in the 9200 block of Swallow Drive, is thus named due to its open air shark aquarium. It also has a full spa, a humidor room, movie theater and walk-in wine room.
It's on the market, currently listed for a cool $22.9 million.
A source told TMZ the Obamas may be looking at real estate in the Hollywood Hills area, but that was not confirmed.
If they're in the market to buy that, they've got a lot more money than the press is reporting. We know they're loaded. But not that loaded. Not Louis XIV loaded, which is about the range for this sort of place. Or is it a sweetheart deal in the works we're talking about? Maybe they'll end up buying it for "a dollar." Don't know yet, but neither possibility makes them look good.
It's all part and parcel of the Obamas' long, luxurious post-presidency, a nonstop vacay that costs taxpayers millions. It's as though we're financing kings now, not retired presidents. For a while there, the Obamas were jetting around with billionaires and staying on private islands. Then they bought that expensive Kalorama mansion in Washington, D.C., all supposedly for the benefit of their daughter Sasha, who was finishing high school. Surprise, surprise, it actually seems to primarily serve as a political watch post for longtime Obama loyalist and consigliere Valerie Jarrett. They did some audience tours and hung out with more billionaires. There were those lucrative Goldman Sachs speeches by the celebrity president (which certainly weren't based on economics anyone would want to trade on).
And all of this has been financed by taxpayers, who pay his $207,000 pension, along with bennies such as unlimited air travel, transition expenses, office expenses, presidential library funds, and lifetime Secret Service detail.
Apparently, to the Obamas, there's no reaching that "certain point" at which "you've made enough money."
For Michelle, just call her "Mooch." Is this really what an ex-presidency is supposed to be like? Hitting the money jackpot? What he makes on his own is his own business (subject to bribery laws), but taxpayers shouldn't be financing this level of movie-star billionaire luxe life. Maybe it's time for some pension reform from Congress. Would be quite a thing to see that idea presented to the House's ruling Democrats.
Billionaire Class Enjoys 15X the Wage Growth of American Working Class
The billionaire class — the country’s top 0.01 percent of earners — have enjoyed more than 15 times as much wage growth as America’s working and middle class since 1979, new wage data reveals.
Between 1979 and 2017, the wages of the bottom 90 percent — the country’s working and lower middle class — have grown by only about 22 percent, Economic Policy Institute (EPI) researchers find.
Compare that small wage increase over nearly four decades to the booming wage growth of America’s top one percent, who have seen their wages grow more than 155 percent during the same period.
The top 0.01 percent — the country’s billionaire class — saw their wages grow by more than 343 percent in the last four decades, more than 15 times the wage growth of the bottom 90 percent of Americans.
In 1979, America’s working class was earning on average about $29,600 a year. Fast forward to 2017, and the same bottom 90 percent of Americans are earning only about $6,600 more annually.
The almost four decades of wage stagnation among the country’s working and middle class comes as the national immigration policy has allowed for the admission of more than 1.5 million mostly low-skilled immigrants every year.
(Public Citizen)
In the last decade, alone, the U.S. admitted ten million legal immigrants, forcing American workers to compete against a growing population of low-wage workers. Meanwhile, employers are able to reduce wages and drive up their profit margins thanks to the annual low-skilled immigration scheme.
The Washington, DC-imposed mass immigration policy is a boon to corporate executives, Wall Street, big business, and multinational conglomerates as every one percent increase in the immigrant composition of an occupation’s labor force reduces Americans’ hourly wages by 0.4 percent. Every one percent increase in the immigrant workforce reduces Americans’ overall wages by 0.8 percent.
Mass immigration has come at the expense of America’s working and middle class, which has suffered from poor job growth, stagnant wages, and increased public costs to offset the importation of millions of low-skilled foreign nationals.
Four million young Americans enter the workforce every year, but their job opportunities are further diminished as the U.S. imports roughly two new foreign workers for every four American workers who enter the workforce. Even though researchers say 30 percent of the workforce could lose their jobs due to automation by 2030, the U.S. has not stopped importing more than a million foreign nationals every year.
For blue-collar American workers, mass immigration has not only kept wages down but in many cases decreased wages, as Breitbart News reported. Meanwhile, the U.S. continues importing more foreign nationals with whom working-class Americans are forced to compete. In 2016, the U.S. brought in about 1.8 million mostly low-skilled immigrants.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.
Study: Elite Zip Codes Thrived in Obama Recovery, Rural America Left Behind
4:49
Wealthy cities and elite zip codes thrived under the slow-moving economic recovery of President Obama while rural American communities were left behind, a study reveals.
The Economic Innovation Group research, highlighted by Axios, details the massive economic inequality between the country’s coastal city elites and middle America’s working class between the Great Recession in 2007 and Obama’s economic recovery in 2016.
Between 2007 and 2016, the number of residents living in elite zip codes grew by more than ten million, with an overwhelming faction of that population growth being driven by mass immigration where the U.S. imports more than 1.5 million illegal and legal immigrants annually.
The booming 44.5 million immigrant populations are concentrated mostly in the country’s major cities like Los Angeles, California, Miami Florida, and New York City, New York. The rapidly growing U.S. population — driven by immigration — is set to hit 404 millionby 2060, a boon for real estate developers, wealthy investors, and corporations, all of which benefit greatly from dense populations and a flooded labor market.
The economic study found that while the population grew in wealthy cities, America’s rural population fell by nearly 3.5 million residents.
Likewise, by 2016, elite zip codes had a surplus of 3.6 million jobs, which is more than the combined bottom 80 percent of American zip codes. While it only took about five years for wealthy cities to replace the jobs lost by the recession, it took “at risk” regions of the country a decade to recover, and “distressed” U.S. communities are “unlikely ever to recover on current trendlines,” the report predicts.
A map included in the research shows how rich, coastal metropolises have boomed economically while entire portions of middle America have been left behind as job and business gains remain concentrated at the top of the income ladder.
(Economic Innovation Group)
(Economic Innovation Group)
Economic growth among the country’s middle-class counties and middle-class zip codes has considerably trailed national economic growth, the study found.
For example, between 2012 and 2016, there were 4.4 percent more business establishments in the country as a whole. That growth was less than two percent in the median zip code and there was close to no growth in the median county.
The same can be said of employment growth, where U.S. employment grew by about 9.3 percent from 2012 to 2016. In the median zip code, though, employment grew by only 5.5 percent and in the median county, employment grew by less than four percent.
“Nearly three in every five large counties added businesses on net over the period, compared to only one in every five small one,” the report concluded.
Elite zip codes added more business establishments during Obama’s economic recovery, between 2012 and 2016, than the entire bottom 80 percent of zip codes combined. For instance, while more than 180,000 businesses have been added to rich zip codes, the country’s bottom tier has lost more than 13,000 businesses even after the economic recovery.
(Economic Innovation Group)
(Economic Innovation Group)
The gutting of the American manufacturing base, through free trade, has been a driving catalyst for the collapse of the white working class and black Americans. Simultaneously, the outsourcing of the economy has brought major wealth to corporations, tech conglomerates, and Wall Street.
The dramatic decline of U.S. manufacturing at the hands of free trade—where more than 3.4 million American jobs have been lost solely due to free trade with China, not including the American jobs lost due to agreements like the North American Free Trade Agreement (NAFTA) and the United States-Korea Free Trade Agreement (KORUS)—has coincided with growing wage inequality for white and black Americans, a growing number of single mother households, a drop in U.S. marriage rates, a general stagnation of working and middle class wages, and specifically, increased black American unemployment.
“So, the loss of manufacturing work since 1960 represents a steady decline in relatively high-paying jobs for less-educated workers,” recent research from economist Eric D. Gould has noted.
Fast-forward to the modern economy and the wage trend has been the opposite of what it was during the peak of manufacturing in the U.S. An Economic Policy Institute studyfound this year that been 2009 and 2015, the top one percent of American families earned about 26 times as much income as the bottom 99 percent of Americans.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.
Record high income in 2017 for top one percent of wage earners in US
In 2017, the top one percent of US wage earners received their highest paychecks ever, according to a report by the Economic Policy Institute (EPI).
Based on newly released data from the Social Security Administration, the EPI shows that the top one percent of the population saw their paychecks increase by 3.7 percent in 2017—a rate nearly quadruple the bottom 90 percent of the population. The growth was driven by the top 0.1 percent, which includes many CEOs and corporate executives, whose pay increased eight percent and averaged $2,757,000 last year.
The EPI report is only the latest exposure of the gaping inequality between the vast majority of the population and the modern-day aristocracy that rules over them.
The EPI shows that the bottom 90 percent of wage earners have increased their pay by 22.2 percent between 1979 and 2017. Today, this bottom 90 percent makes an average of just $36,182 a year, which is eaten up by the cost of housing and the growing burden of education, health care, and retirement.
Meanwhile, the top one percent has increased its wages by 157 percent during this same period, a rate seven times faster than the other group. This top segment makes an average of $718,766 a year. Those in-between, the 90th to 99th percentile, have increased their wages by 57.4 percent. They now make an average of $152,476 a year—more than four times the bottom 90 percent.
Graph from the Economic Policy Institute
Decades of decaying capitalism have led to this accelerating divide. While the rich accumulate wealth with no restriction, workers’ wages and benefits have been under increasing attack. In 1979, 90 percent of the population took in 70 percent of the nation’s income. But, by 2017, that fell to only 61 percent.
Even more, while the bottom 90 percent of the population may take in 61 percent of the wages, large sections of the workforce today barely pull in any income at all. For example, Social Security Administration data found that the bottom 54 percent of wage earners in the United States, 89.5 million people, make an average of just $15,100 a year. This 54 percent of the population earns only 17 percent of all wages paid in America.
However unequal, these wage inequalities still do not fully present the divide between rich and poor. The ultra-wealthy derive their wealth not primarily from wages, but from assets and equities—principally from the stock market. While the bottom 90 percent of the population made 61 percent of the wages in 2017, they owned even less, just 27 percent of the wealth (according to the World Inequality Report 2018 by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman).
The massive increase in the value of the stock market, which only a small segment of the population participates in, means that the top 10 percent of the population controls 73 percent of all wealth in the United States. Just three men—Jeff Bezos, Warren Buffet and Bill Gates—had more wealth than the bottom half of America combined last year.
Wages are so low in the United States that roughly half of the population falls deeper into debt every year. A Reuters report from July found that the pretax net income (that is, income minus expense) of the bottom 40 percent of the population was an average of negative $11,660. Even the middle quintile of the population, the 40th to 60th percentile, breaks even with an average of only $2,836 a year.
As the Social Security Administration numbers show, 67.4 percent of the population made less than the average wage, $48,250 a year in 2017, a sum that is inadequate to support a family in many cities—especially, with high housing costs, health care, education, and retirement factored in.
For the ruling class, though, workers’ wages are already too much. The volatility of the stock market and the deep fear that the current bull market will collapse has made politicians and businessmen anxious of any sign of wage increases.
In August, wages in the US rose just 0.2 percent above the inflation rate, the highest in nine years. Though the increase was tiny, it was enough to encourage the Federal Reserve to increase the interest rate past two percent for the first time since 2008. Raising interest rates helps to depress workers’ wages by lowering borrowing and spending. As the Financial Times noted, stopping wage growth was “central” to the Federal Reserve’s move.
Further analysis of the Social Security Administration data shows that in 2017, 147,754 people reported wages of 1 million dollars or more—roughly, the top 0.05 percent. Their combined total income of $372 billion could pay for the US federal education budget five times over.
These wages, however large, still pale in comparison to the money the ultra-rich acquire from the stock market. For example, share buybacks and dividend payments, a way of funneling money to shareholders, will eclipse $1 trillion this year.
Whatever the immediate source, the wealth of the rich derives from the great mass of people who do the actual work. Across the United States and around the world, workers, young people, and students have entered into struggle this year over pay, education, health care, immigration, war and democratic rights. This growing movement of the working class must set as its aim confiscating the wealth and power of this tiny parasitic oligarchy. Society’s wealth must be democratically controlled by those who produce it.
THE STAGGERING ECONOMIC INEQUALITY UNDER OBAMA'S ADMINISTRATION SERVING THE BILLIONAIRE CLASS.
THE ENTIRE REASON BEHIND AMNESTY IS TO KEEP WAGES DEPRESSED AND PASS ALONG THE REAL COST OF "CHEAP" MEXICAN LABOR TO THE AMERICAN MIDDLE CLASS.
AND IT'S WORKING!
SEN. BERNIE SANDERS
“Calling income and wealth inequality the "great moral issue of our time," Sanders laid out a sweeping, almost unimaginably expensive program to transfer wealth from the richest Americans to the poor and middle class. A $1 trillion public works program to create "13 million good-paying jobs." A $15-an-hour federal minimum wage. "Pay equity" for women. Paid sick leave and vacation for everyone. Higher taxes on the wealthy. Free tuition at all public colleges and universities. A Medicare-for-all single-payer health care system. Expanded Social Security benefits. Universal pre-K.” WASHINGTON EXAMINER
YOU THOUGHT OBAMA INVITED OBAMANOMICS and started the assault on the American middle-class?
NOPE!
“By the time of Bill Clinton’s election in 1992, the Democratic Party had completely repudiated its association with the reforms of the New Deal and Great Society periods. Clinton gutted welfare programs to provide an ample supply of cheap labor for the rich (WHICH NOW MEANS OPEN BORDERS AND NO E-VERIFY!), including a growing layer of black capitalists, and passed the 1994 Federal Crime Bill, with its notorious “three strikes” provision that has helped create the largest prison population in the world.”
Clinton Foundation Put On Watch List Of Suspicious ‘Charities’
OBAMA: SERVANT OF THE 1%
Richest one percent controls nearly half of global wealth
The richest one percent of the world’s population now controls 48.2 percent of global wealth, up from 46 percent last year.
The report found that the growth of global inequality has accelerated sharply since the 2008 financial crisis, as the values of financial assets have soared while wages have stagnated and declined.
Millionaires projected to own 46 percent of global private wealth by 2019
Households with more than a million (US) dollars in private wealth are projected to own 46 percent of global private wealth in 2019 according to a new report by the Boston Consulting Group (BCG).
This large percentage, however, only includes cash, savings, money market funds and listed securities held through managed investments—collectively known as “private wealth.” It leaves out businesses, residences and luxury goods, which comprise a substantial portion of the rich’s net worth.
At the end of 2014, millionaire households owned about 41 percent of global private wealth, according to BCG. This means that collectively these 17 million households owned roughly $67.24 trillion in liquid assets, or about $4 million per household.
In total, the world added $17.5 trillion of new private wealth between 2013 and 2014. The report notes that nearly three quarters of all these gains came from previously existing wealth. In other words, the vast majority of money gained has been due to pre-existing assets increasing in value—not the creation of new material things.
This trend is the result of the massive infusions of cheap credit into the financial markets by central banks. The policy of “quantitative easing” has led to a dramatic expansion of the stock market even while global economic growth has slumped.
While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.
In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.
Those families with wealth between $20 and $100 million also rose substantially in 2014—seeing a 34 percent increase in their wealth in twelve short months. They now own $9 trillion. In five years they will surpass $14 trillion according to the report.
Coming in last in the “high net worth” population are those with between $1 million and $20 million in private wealth. These households are expected to see their wealth grow by 7.2 percent each year, going from $49 trillion to $70.1 trillion dollars, several percentage points below the highest bracket’s 12 percent growth rate.
The gains in private wealth of the ultra-rich stand in sharp contrast to the experience of billions of people around the globe. While wealth accumulation has sharply sped up for the ultra-wealthy, the vast majority of people have not even begun to recover from the past recession.
An Oxfam report from January, for example, shows that the bottom 99 percent of the world’s population went from having about 56 percent of the world’s wealth in 2010 to having 52 percent of it in 2014. Meanwhile the top 1 percent saw its wealth rise from 44 to 48 percent of the world’s wealth.
In 2014 the Russell Sage Foundation found that between 2003 and 2013, the median household net worth of those in the United States fell from $87,992 to $56,335—a drop of 36 percent. While the rich also saw their wealth drop during the recession, they are more than making that money back. Between 2009 and 2012, 95 percent of all the income gains in the US went to the top 1 percent. This is the most distorted post-recession income gain on record.
As the Organization for Economic Co-operation and Development (OECD) has noted, in the United States “between 2007 and 2013, net wealth fell on average 2.3 percent, but it fell ten-times more (26 percent) for those at the bottom 20 percent of the distribution.” The 2015 report concludes that “low-income households have not benefited at all from income growth.”
Another report by Knight Frank, looks at those with wealth exceeding $30 million. The report notes that in 2014 these 172,850 ultra-high-net-worth individuals increased their collective wealth by $700 billion. Their total wealth now rests at $20.8 trillion.
The report also draws attention to the disconnection between the rich and the actual economy. It states that the growth of this ultra-wealthy population “came despite weaker-than-anticipated global economic growth. During 2014 the IMF was forced to downgrade its forecast increase for world output from 3.7 percent to 3.3 percent.”
DICK MORRIS:
On America’s First Family of Crime….. NO! Not the Bushes again!
Clinton global hucksterism – Selling out America like they sold out the Lincoln Bedroom.
HILLARY CLINTON: CRONY CLASS’ “Hope and Change” huckster’s successor!
“I serve Obama’s cronies first, illegals second and together we will loot the American middle-class to double our figures. It’s called BAILOUTS! Evita Peron Clinton
At this point, Clinton is the choice of most multimillionaires to be the next occupant of the White House. A recent CNBC poll of 750 millionaires found 53 percent support for Clinton in a contest with Republican Jeb Bush, 14 points better than Obama’s showing in the 2012 election with the same group.
Sen. Bernie Sanders – America’s answer to Wall Street’s looting, the war on the American middle-class and jobs for legals!
“At this point, Clinton is the choice of most multimillionaires to be the next occupant of the White House. A recent CNBC poll of 750 millionaires found 53 percent support for Clinton in a contest with Republican Jeb Bush, 14 points better than Obama’s showing in the 2012 election with the same group.”
THE CRONY CLASS:
OBAMACLINTONOMICS was created by BILLARY CLINTON!
Income inequality grows FOUR TIMES FASTER under Obama than Bush.
“By the time of Bill Clinton’s election in 1992, the Democratic Party had completely repudiated its association with the reforms of the New Deal and Great Society periods. Clinton gutted welfare programs to provide an ample supply of cheap labor for the rich (WHICH NOW MEANS OPEN BORDERS AND NO E-VERIFY!), including a growing layer of black capitalists, and passed the 1994 Federal Crime Bill, with its notorious “three strikes” provision that has helped create the largest prison population in the world.”
“Calling income and wealth inequality the "great moral issue of our time," Sanders laid out a sweeping, almost unimaginably expensive program to transfer wealth from the richest Americans to the poor and middle class. A $1 trillion public works program to create "13 million good-paying jobs." A $15-an-hour federal minimum wage. "Pay equity" for women. Paid sick leave and vacation for everyone. Higher taxes on the wealthy. Free tuition at all public colleges and universities. A Medicare-for-all single-payer health care system. Expanded Social Security benefits. Universal pre-K.” WASHINGTON EXAMINER
OBAMA’S WALL STREET and the LOOTING of AMERICA – SECOND TERM
The corporate cash hoard has likewise reached a new record, hitting an estimated $1.79 trillion in the fourth quarter of last year, up from $1.77 trillion in the previous quarter. Instead of investing the money, however, companies are using it to buy back their own stock and pay out record dividends.
Megan McArdle Discusses How America's Elites Are Rigging the Rules - Newsweek/The Daily Beast special correspondent Megan McArdle joins Scott Rasmussen for a discussion on America's new Mandarin class.
PATRICK BUCHANAN: OBAMA’S ASSAULT ON AMERICA BEGINS AT OUR BORDERS
WHO REALLY PAYS FOR THE CRIMES OF OBAMA’S CRONY DONORS???
LAST WEEK BARACK OBAMA CELEBRATED FIVE YEARS OF THE LOOTING BY HIS WALL STREET BANKSTERS… now it’s back to cutting social programs to pay for all that rape by the 1% he represents. The following week it will be back to the AMNESTY HOAX to legalize Mexico’s looting of America and make it legal that Mexicans get our jobs first… they already do!
As in previous budget crises under the Obama administration, the events are being stage-managed by the two corporate-controlled parties to give the illusion of partisan gridlock and confrontation over principles—in this case, whether to go forward with the implementation of the Obama health care program—while behind the scenes all factions within the ruling elite agree that massive cuts must be carried through in basic federal social programs.
OBAMA’S CRONY CAPITALISM – A NATION RULED BY CRIMINAL WALL STREET BANKSTERS AND OBAMA DONORS
GET THIS BOOK
Culture of Corruption: Obama and His Team of Tax Cheats, Crooks, and Cronies
by Michelle Malkin
In her shocking new book, Malkin digs deep into the records of President Obama's staff, revealing corrupt dealings, questionable pasts, and abuses of power throughout his administration.
PATRICK BUCHANAN
After Obama has completely destroyed the American economy, handed millions of jobs to illegals and billions of dollars in welfare to illegals…. BUT WHAT COMES NEXT?
OBAMANOMICS: IS IT WORKING???
Millionaires projected to own 46 percent of global private wealth by 2019
By Gabriel Black
18 June 2015
Households with more than a million (US) dollars in private wealth are projected to own 46 percent of global private wealth in 2019 according to a new report by the Boston Consulting Group (BCG).
This large percentage, however, only includes cash, savings, money market funds and listed securities held through managed investments—collectively known as “private wealth.” It leaves out businesses, residences and luxury goods, which comprise a substantial portion of the rich’s net worth.
At the end of 2014, millionaire households owned about 41 percent of global private wealth, according to BCG. This means that collectively these 17 million households owned roughly $67.24 trillion in liquid assets, or about $4 million per household.
In total, the world added $17.5 trillion of new private wealth between 2013 and 2014. The report notes that nearly three quarters of all these gains came from previously existing wealth. In other words, the vast majority of money gained has been due to pre-existing assets increasing in value—not the creation of new material things.
This trend is the result of the massive infusions of cheap credit into the financial markets by central banks. The policy of “quantitative easing” has led to a dramatic expansion of the stock market even while global economic growth has slumped.
While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.
In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.
Those families with wealth between $20 and $100 million also rose substantially in 2014—seeing a 34 percent increase in their wealth in twelve short months. They now own $9 trillion. In five years they will surpass $14 trillion according to the report.
Coming in last in the “high net worth” population are those with between $1 million and $20 million in private wealth. These households are expected to see their wealth grow by 7.2 percent each year, going from $49 trillion to $70.1 trillion dollars, several percentage points below the highest bracket’s 12 percent growth rate.
The gains in private wealth of the ultra-rich stand in sharp contrast to the experience of billions of people around the globe. While wealth accumulation has sharply sped up for the ultra-wealthy, the vast majority of people have not even begun to recover from the past recession.
An Oxfam report from January, for example, shows that the bottom 99 percent of the world’s population went from having about 56 percent of the world’s wealth in 2010 to having 52 percent of it in 2014. Meanwhile the top 1 percent saw its wealth rise from 44 to 48 percent of the world’s wealth.
In 2014 the Russell Sage Foundation found that between 2003 and 2013, the median household net worth of those in the United States fell from $87,992 to $56,335—a drop of 36 percent. While the rich also saw their wealth drop during the recession, they are more than making that money back. Between 2009 and 2012, 95 percent of all the income gains in the US went to the top 1 percent. This is the most distorted post-recession income gain on record.
As the Organization for Economic Co-operation and Development (OECD) has noted, in the United States “between 2007 and 2013, net wealth fell on average 2.3 percent, but it fell ten-times more (26 percent) for those at the bottom 20 percent of the distribution.” The 2015 report concludes that “low-income households have not benefited at all from income growth.”
Another report by Knight Frank, looks at those with wealth exceeding $30 million. The report notes that in 2014 these 172,850 ultra-high-net-worth individuals increased their collective wealth by $700 billion. Their total wealth now rests at $20.8 trillion.
The report also draws attention to the disconnection between the rich and the actual economy. It states that the growth of this ultra-wealthy population “came despite weaker-than-anticipated global economic growth. During 2014 the IMF was forced to downgrade its forecast increase for world output from 3.7 percent to 3.3 percent.”
THE CRONY CLASS:
OBAMACLINTONOMICS was created by BILLARY CLINTON!
Income inequality grows FOUR TIMES FASTER under Obama than Bush.
“By the time of Bill Clinton’s election in 1992, the Democratic Party had completely repudiated its association with the reforms of the New Deal and Great Society periods. Clinton gutted welfare programs to provide an ample supply of cheap labor for the rich (WHICH NOW MEANS OPEN BORDERS AND NO E-VERIFY!), including a growing layer of black capitalists, and passed the 1994 Federal Crime Bill, with its notorious “three strikes” provision that has helped create the largest prison population in the world.”
*
“Calling income and wealth inequality the "great moral issue of our time," Sanders laid out a sweeping, almost unimaginably expensive program to transfer wealth from the richest Americans to the poor and middle class. A $1 trillion public works program to create "13 million good-paying jobs." A $15-an-hour federal minimum wage. "Pay equity" for women. Paid sick leave and vacation for everyone. Higher taxes on the wealthy. Free tuition at all public colleges and universities. A Medicare-for-all single-payer health care system. Expanded Social Security benefits. Universal pre-K.” WASHINGTON EXAMINER
OBAMA’S WALL STREET and the LOOTING of AMERICA – SECOND TERM
The corporate cash hoard has likewise reached a new record, hitting an estimated $1.79 trillion in the fourth quarter of last year, up from $1.77 trillion in the previous quarter. Instead of investing the money, however, companies are using it to buy back their own stock and pay out record dividends.
Megan McArdle Discusses How America's Elites Are Rigging the Rules - Newsweek/The Daily Beast special correspondent Megan McArdle joins Scott Rasmussen for a discussion on America's new Mandarin class.
POLL: MOST INCOMPETENT AND DISHONEST PRESIDENT SINCE…. Well, isn’t Obama merely Bush’s THIRD and FOURTH TERMS??
OBAMA’S CRONY CAPITALISM
A NATION RULED BY CRIMINAL WALL STREET BANKSTERS AND OBAMA DONORS
PATRICK BUCHANAN
After Obama has completely destroyed the American economy, handed millions of jobs to illegals and billions of dollars in welfare to illegals…. BUT WHAT COMES NEXT?
OBAMANOMICS: IS IT WORKING???
Millionaires projected to own 46 percent of global private wealth by 2019
By Gabriel Black
18 June 2015
Households with more than a million (US) dollars in private wealth are projected to own 46 percent of global private wealth in 2019 according to a new report by the Boston Consulting Group (BCG).
This large percentage, however, only includes cash, savings, money market funds and listed securities held through managed investments—collectively known as “private wealth.” It leaves out businesses, residences and luxury goods, which comprise a substantial portion of the rich’s net worth.
At the end of 2014, millionaire households owned about 41 percent of global private wealth, according to BCG. This means that collectively these 17 million households owned roughly $67.24 trillion in liquid assets, or about $4 million per household.
In total, the world added $17.5 trillion of new private wealth between 2013 and 2014. The report notes that nearly three quarters of all these gains came from previously existing wealth. In other words, the vast majority of money gained has been due to pre-existing assets increasing in value—not the creation of new material things.
This trend is the result of the massive infusions of cheap credit into the financial markets by central banks. The policy of “quantitative easing” has led to a dramatic expansion of the stock market even while global economic growth has slumped.
While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.
In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.
Those families with wealth between $20 and $100 million also rose substantially in 2014—seeing a 34 percent increase in their wealth in twelve short months. They now own $9 trillion. In five years they will surpass $14 trillion according to the report.
Coming in last in the “high net worth” population are those with between $1 million and $20 million in private wealth. These households are expected to see their wealth grow by 7.2 percent each year, going from $49 trillion to $70.1 trillion dollars, several percentage points below the highest bracket’s 12 percent growth rate.
The gains in private wealth of the ultra-rich stand in sharp contrast to the experience of billions of people around the globe. While wealth accumulation has sharply sped up for the ultra-wealthy, the vast majority of people have not even begun to recover from the past recession.
An Oxfam report from January, for example, shows that the bottom 99 percent of the world’s population went from having about 56 percent of the world’s wealth in 2010 to having 52 percent of it in 2014. Meanwhile the top 1 percent saw its wealth rise from 44 to 48 percent of the world’s wealth.
In 2014 the Russell Sage Foundation found that between 2003 and 2013, the median household net worth of those in the United States fell from $87,992 to $56,335—a drop of 36 percent. While the rich also saw their wealth drop during the recession, they are more than making that money back. Between 2009 and 2012, 95 percent of all the income gains in the US went to the top 1 percent. This is the most distorted post-recession income gain on record.
As the Organization for Economic Co-operation and Development (OECD) has noted, in the United States “between 2007 and 2013, net wealth fell on average 2.3 percent, but it fell ten-times more (26 percent) for those at the bottom 20 percent of the distribution.” The 2015 report concludes that “low-income households have not benefited at all from income growth.”
Another report by Knight Frank, looks at those with wealth exceeding $30 million. The report notes that in 2014 these 172,850 ultra-high-net-worth individuals increased their collective wealth by $700 billion. Their total wealth now rests at $20.8 trillion.
The report also draws attention to the disconnection between the rich and the actual economy. It states that the growth of this ultra-wealthy population “came despite weaker-than-anticipated global economic growth. During 2014 the IMF was forced to downgrade its forecast increase for world output from 3.7 percent to 3.3 percent.”
OBAMA-CLINTONomics: the never end war on the American middle-class. But we still get the tax bills for the looting of their Wall Street cronies and their bailouts and billions for Mexico’s welfare state in our borders.
While the wealth of the rich is growing at a breakneck pace, there is a stratification of growth within the super wealthy, skewed towards the very top.
In 2014, those with over $100 million in private wealth saw their wealth increase 11 percent in one year alone. Collectively, these households owned $10 trillion in 2014, 6 percent of the world’s private wealth. According to the report, “This top segment is expected to be the fastest growing, in both the number of households and total wealth.” They are expected to see 12 percent compound growth on their wealth in the next five years.
In 2014 the Russell Sage Foundation found that between
2003 and 2013, the median household net worth of those in
the United States fell from $87,992 to $56,335—a drop of 36
percent. While the rich also saw their wealth drop during the
recession, they are more than making that money back.
Between 2009 and 2012, 95 percent of all the income gains in
the US went to the top 1 percent. This is the most distorted
post-recession income gain on record.
INCOME PLUMMETS UNDER OBAMA AND HIS WALL STREET CRONIES
collapse of household income in the US… STILL BILLIONS IN WELFARE HANDED TO ILLEGALS… they already get our jobs and are voting for more!
INCOME PLUMMETS UNDER OBAMA… most jobs go to illegals.
AS HIS CRONY BANKSTERS CONTINUE TO LOOT, INCOMES PLUMMET FOR AMERICANS (LEGALS).
GOOD TIME FOR AMNESTY FOR MILLIONS OF LOOTING MEXICANS?
MORE HERE:
http://mexicanoccupation.blogspot.com/2014/09/and-still-democrat-party-wants-millions.html
“The yearly income of a typical US household dropped by a massive 12 percent, or $6,400, in the six years between 2007 and 2013. This is just one of the findings of the 2013 Federal Reserve Survey of Consumer Finances released Thursday, which documents a sharp decline in working class living standards and a further concentration of wealth in the hands of the rich and the super-rich.”
"During the month, some 432,000 people in the US gave up looking for a job." EVEN AS JEB BUSH, HILLARY CLINTON and BERNIE SANDERS PREACH AMNESTY! AMNESTY! AMNESTY!
"The American phenomenon of record stock values fueling an ever greater concentration of wealth at the very top of society, while the economy is starved of productive investment, the social infrastructure crumbles, and working class living standards are driven down by entrenched unemployment, wage-cutting and government austerity policies, is part of a broader global process."
HILLARY CLINTON'S BIGGEST DONORS ARE OBAMA'S CRIMINAL CRONY
BANKSTERS!
"A defining expression of this crisis is the dominance of financial speculation and parasitism, to the point where a narrow international financial aristocracy plunders society’s resources in order to further enrich itself."
Federal Reserve documents stagnant state of US economy
Federal Reserve documents stagnant state of US economy
By Barry Grey
21 July 2015
The US Federal Reserve Board last week released its semiannual Monetary Policy Report to Congress, providing an assessment of the state of the American economy and outlining the central bank’s monetary policy going forward. The report, along with Fed Chair Janet Yellen’s testimony before both the House of Representatives and the Senate, as well as a speech by Yellen the previous week in Cleveland, present a grim picture of the reality behind the official talk of economic “recovery.”
In her prepared remarks to Congress last Wednesday and Thursday, Yellen said, “Looking forward, prospects are favorable for further improvement in the US labor market and the economy more broadly.”
She reiterated her assurances that while the Fed would likely begin to raise its benchmark federal funds interest rate later this year from the 0.0 to 0.25 percent level it has maintained since shortly after the 2008 financial crash, it would do so only slowly and gradually, keeping short-term rates well below historically normal levels for an indefinite period.This was an expected, but nevertheless welcome, signal to the American financial elite, which has enjoyed a spectacular rise in corporate profits, stock values and personal wealth since 2009 thanks to the flood of virtually free money provided by the Fed.
"But as Yellen’s remarks and the Fed report indicate, the explosion of asset values and wealth accumulation at the very top of the economic ladder has occurred alongside an intractable and continuing slump in the real economy."In her prepared testimony to the House Financial Services Committee and the Senate Banking Committee, Yellen noted the following features of the performance of the US economy over the first six months of 2015:
* A sharp decline in the rate of economic growth as compared to 2014, including an actual contraction in the first quarter of the year.
* A substantial slackening (19 percent) in average monthly job-creation, from 260,000 last year to 210,000 thus far in 2015.
* Declines in domestic spending and industrial production.
In her July 10 speech to the City Club of Cleveland, Yellen cited an even longer list of negative indices, including:
* Growth in real gross domestic product (GDP) since the official beginning of the recovery in June, 2009 has averaged a mere 2.25 percent per year, a full one percentage point less than the average rate over the 25 years preceding what Yellen called the “Great Recession.”
* While manufacturing employment nationwide has increased by about 850,000 since the end of 2009, there are still almost 1.5 million fewer manufacturing jobs than just before the recession.
* Real GDP and industrial production both declined in the first quarter of this year. Industrial production continued to fall in April and May.
* Residential construction (despite extremely low mortgage rates by historical standards) has remained “quote soft.”
* Productivity growth has been “weak,” largely because “Business owners and managers… have not substantially increased their capital expenditures,” and “Businesses are holding large amounts of cash on their balance sheets.”
* Reflecting the general stagnation and even slump in the real economy, core inflation rose by only 1.2 percent over the past 12 months.
The Monetary Policy Report issued by the Fed includes facts that are, if anything, even more alarming, including:
* “Labor productivity in the business sector is reported to have declined in both the fourth quarter of 2014 and the first quarter of 2015.”
* “Exports fell markedly in the first quarter, held back by lackluster growth abroad.”
* “Overall construction activity remains well below its pre-recession levels.”
* “Since the recession began, the gains in… nominal compensation [workers’ wages and benefits] have fallen well short of their pre-recession averages, and growth of real compensation has fallen short of productivity growth over much of this period.”
* “Overall business investment has turned down as investment in the energy sector has plunged. Business investment fell at an annual rate of 2 percent in first quarter… Business outlays for structures outside of the energy sector also declined in the first quarter…”
The report incorporates the Fed’s projections for US economic growth, published following the June meeting of the central bank’s policy-setting Federal Open Market Committee. They include a downward revision of the projection for 2015 to 1.8 percent-2.0 percent from the March projection of 2.3 percent to 2.7 percent.
That the US economy continues to stagnate and even contract is indicated by two surveys released last week while Yellen was testifying before Congress. The Fed reported that factory production failed to increase in June for the second straight month and output in the auto sector fell 3.7 percent. The Commerce Department reported that retail sales unexpectedly fell in June, declining by 0.3 percent.
These statistics follow the employment report for June, which showed that the share of the US working-age population either employed or actively looking for work, known as the labor force participation rate, fell to 62.6 percent, its lowest level in 38 years. During the month, some 432,000 people in the US gave up looking for a job.
The disastrous figures on business investment are perhaps the most telling indicators of the underlying crisis of the capitalist system. The Fed report attributes the sharp decline so far this year primarily to the dramatic fall in oil prices and resulting contraction in investment and construction in the energy sector. But the plunge in oil prices is itself a symptom of a general slowdown in the world economy.
Moreover, a dramatic decline in productive investment is common to all of the major industrialized economies of Europe and North America. In its World Economic Outlook of last April, the International Monetary Fund for the first time since the 2008 financial crisis acknowledged that there was no prospect for an early return to pre-recession levels of economic growth, linking this bleak prognosis to a general and pronounced decline in productive investment.The American phenomenon of record stock values fueling an ever greater concentration of wealth at the very top of society, while the economy is starved of productive investment, the social infrastructure crumbles, and working class living standards are driven down by entrenched unemployment, wage-cutting and government austerity policies, is part of a broader global process.
The economic crisis in the US and internationally is not simply a conjunctural downturn. It is a systemic crisis of global capitalism, centered in the US. A defining expression of this crisis is the dominance of financial speculation and parasitism, to the point where a narrow international financial aristocracy plunders society’s resources in order to further enrich itself.
While the economy is starved of productive investment, entirely parasitic and socially destructive activities such as stock buybacks, dividend hikes and mergers and acquisitions return to pre-crash levels and head for new heights. US corporations have spent more on stock buybacks so far this year than on factories and equipment.
The intractable nature of this crisis, within the framework of capitalism, is underscored by the IMF’s updated World Economic Outlook, released earlier this month, which projects that 2015 will be the worst year for economic growth since the height of the recession in 2009.
The Triumph of Injustice, by Emmanuel Saez and Gabriel Zucman: How tax cuts for the rich fuel inequality
The Triumph of Injustice, by economists Emmanuel Saez and Gabriel Zucman (2019, W. W. Norton), documents how governments have systematically allowed the wealthy to dodge taxes, and then cut corporate tax rates in the name of “closing tax loopholes,” helping to fuel runaway inequality.
Saez and Zucman are world-renowned experts in the economics of social inequality. In recent years, they have turned their attention to documenting the prevalence of tax evasion by the super-rich. The results of this research are condensed into a 232-page volume.
The two economists demonstrate that for the first time in modern US history, the very rich in 2018 paid a lower percentage of their income in taxes than the average worker, and that the US tax system, far from being progressive, as commonly claimed, is regressive.
The second half of the book consists of policy proposals. Saez and Zucman advocate a form of capitalist reformism similar to that of Bernie Sanders and Elizabeth Warren, who consulted the two economists in formulating portions of her program.
We do not share the view of Saez and Zucman that social inequality can be fought outside of a struggle against the capitalist social order. But their presentation of the growth of social inequality in the United States and the role that tax policy has played is vital and should be widely read.
The book begins with a description of the scale of social inequality in the United States:
In 1980, the top 1 percent earned a bit more than 10 percent of the nation’s income, before government taxes and transfers, while the bottom 50 percent share was around 20 percent. Today, it’s almost the opposite: the top 1 percent captures more than 20 percent of national income and the working class barely 12 percent. In other words, the 1 percent earns almost twice as much income as the entire working class population, a group fifty times larger demographically. And the increase in the share of the pie going to 2.4 million adults has been similar in magnitude to the loss suffered by more than 100 million Americans.
The book proceeds to describe the incomes of the various sections of American society:
Let’s start with the working class, the 122 million adults in the lower half of the income pyramid. For them, the average income is $18,500 before taxes and transfers in 2019. Yes, you are reading this correctly: half of the US adult population lives on an annual income of $18,500.
This contrasts sharply with the lives of the affluent upper-middle class—those in the 90th to 91st percentile:
With an average income of $220,000 and everything that goes with it—spacious suburban houses, expensive private schools for their children, well-funded pensions, and good health insurance—they are not struggling.
At the top are the 2.4 million wealthiest people in the United States, part of the top 1 percent, “whose members make $1.5 million in income a year on average.”
Saez and Zucman argue that this level of social inequality is the outcome of deliberate policy choices on the part of lawmakers. They describe how for decades, successive administrations have slashed taxes on the wealthy and corporations, leading to a massive increase in social inequality.
They note that “confiscatory” taxes levied on the very wealthy under the New Deal helped rein in the social inequality of the 1920s, leading to a more equitable distribution of wealth in the middle of the 20th century:
From 1930 to 1980, the top marginal income tax rate in the United States averaged 78 percent. This top rate reached as much as 91 percent from 1951 to 1963. Large bequests were taxed at quasi-confiscatory rates during the middle of the twentieth century, with rates nearing 80 percent from 1941 to 1976 for the wealthiest Americans.
They continue:
In 1970, the richest Americans paid, all taxes included, more than 50 percent of their income in taxes, twice as much as working-class individuals. In 2018, following the Trump tax reform, and for the first time in the last hundred years, billionaires have paid less than steel workers, schoolteachers, and retirees.
In fact,
The wealthy have seen their taxes rolled back to levels last seen in the 1910s, when the government was only a quarter of the size it is today.
They argue that, more and more, the capitalist class is being exempted from taxation:
The explosive cocktail that is undermining America’s system of taxation is simple: capital income, in varying degrees, is becoming tax-free.
Such a social order has much in common with the tax collection practices of the French monarchy, which are described in detail:
French kings pampered the affluent and bludgeoned the populace. France had an income tax (taille), whose main claim to fame was that it exempted almost all privileged groups: the aristocracy, the clergy, judges, professors, doctors, the residents of big cities, including Paris, and, of course, the tax collectors themselves—known as the fermiers généraux (tax farmers). The most destitute members of society, at the same time, were heavily hit by salt duties—the dreaded gabelle—and sprawling levies (entrées and octrois) on the commodities entering the cities, including food, beverages, and building materials.
The perpetual lowering of taxes on the wealthy has had a symbiotic relationship with the systematic toleration of tax evasion by the rich on the part of the US government, which is particularly evident in the effective elimination of the estate tax.
While estate and gift tax revenues amounted to 0.20 percent of household net wealth in the early 1970s, since 2010 they have barely reached 0.03 percent–0.04 percent annually—a reduction by a factor of more than five.
The authors provide further documentation of this “collapse in enforcement:”
In 1975, the IRS audited 65 percent of the 29,000 largest estate tax returns filed in 1974. By 2018, only 8.6 percent of the 34,000 estate tax returns filed in 2017 were examined.
The capitulation has been so severe that if we take seriously the wealth reported on estate tax returns nowadays, it looks like rich people are either almost nonexistent in America or that they never die.
Saez and Zucman document the extent to which US corporations dodge taxes by booking profits in offshore tax havens.
Today, close to 60 percent of the—large and rising—amount of profits made by US multinationals abroad are booked in low-tax countries. Where exactly? Primarily in Ireland and Bermuda.
They explain how a massive industry exists to help companies evade taxes, making clear that most of these tax dodges are illegal because US law prohibits any investment decision whose sole aim is to evade taxes.
For decades, systematic tax evasion by major corporations was used as a pretext for lowering corporate tax rates, in the name of supposedly “closing loopholes.” The claim that “closing loopholes” would compensate for lost tax revenues resulting from lower corporate tax rates, while supposedly accelerating economic growth, has constituted the bipartisan consensus on tax policy, and remains so to this day. The authors write:
For the majority of the nation’s political, economic, and intellectual elites, slashing the corporate tax rate was the right thing to do. During his presidency, Barack Obama had advocated in favor of reducing it to 28 percent, with a lower rate of 25 percent for manufacturers.
The capstone of this was Trump’s 2018 tax bill, which slashed the corporate income tax rate from 35 percent to 21 percent. This was part of an international process:
As Trump’s bill passed, French president Emmanuel Macron vowed to cut the corporate tax from 33 percent to 25 percent between 2018 and 2022. The United Kingdom was ahead of the curve: it had started slashing its rate under Labour Prime Minister Gordon Brown in 2008 and was aiming for 17 percent in 2020. On that issue, the Browns, Macrons, and Trumps of the world agree.
Having presented this analysis, Saez and Zucman explain what they propose to do about it. They argue for increasing taxes on the wealthy, including a tax on wealth, increasing the top income tax bracket, and raising the corporate tax rate.
While taxation would be used broadly to redistribute income to the level of inequality that existed in the 1930s, the vast bulk of the cost of constructing a social welfare state would be borne by an effective tax increase on working people.
The majority of tax revenue would be raised with a flat “national income tax,” affecting workers and capitalists alike. This “national income tax,” falling disproportionately on workers, would then be used to finance a government-run health insurance program, public child care and free education.
The authors write:
The good news is that we can fix tax injustice, right now. There is nothing inherent in globalization that destroys our ability to tax big companies and the wealthy. The choice is ours…
When it comes to the future of taxation, everything is possible. From the disappearance of the income tax—a plausible outcome if the trend of the last four decades is sustained—to levels of progressivity never seen before, there is an infinity of possible futures ahead of us.
But this “infinity of possible futures” does not include the overthrow of capitalism. Saez and Zucman argue on the basis of a premise which they never state, much less seek to defend: that private ownership of the means of production should be continued and maintained.
They want to treat the symptom (inequality) of the disease (capitalism) without attempting to argue against those who say that the symptom cannot be treated outside of eradicating the disease.
The word “capitalism” appears only twice throughout the book. This is not surprising, because the volume treats the capitalist socioeconomic order as effectively the fixed basis of analysis.
Saez and Zucman never attempt to answer the most important question: What happens when the wealthy resist paying more in taxes? What political means are required to end inequality?
The unstated premise is that this change can be carried out through the Democratic Party, including candidates such as Elizabeth Warren and Bernie Sanders who advocate policies similar to those of the authors.
But since Saez and Zucman don’t argue for this course of action, they don’t have to deal with the myriad problems that arise from it. How will the Democrats, the party that first cut taxes on the rich (under Johnson) and presided over the deregulation of Wall Street (under Clinton), then bailed out the banks (Obama), be made into the instrument of, as the authors call it, “confiscatory” taxation?
Within the book’s analytical framework, if governments reduced taxes on the rich, it was because opinions changed. If opinions can be changed back, then governments can undo the policies that led to the growth of inequality.
Except, there must have been some reason that opinions changed. Saez and Zucman do not attempt to root the phenomenal processes they discuss in broader historical changes.
What, after all, is the relationship between the fact that the 20th century was viewed as the so-called “American century,” based on American global economic hegemony, and the socially redistributive character of the New Deal, as well as the “confiscatory” tax policy of Roosevelt and Eisenhower? Leon Trotsky did not beat around the bush when he declared, “America’s wealth permits Roosevelt his experiments.”
The fact is that a return to the New Deal is simply not possible. The financial oligarchy would fight such a plan tooth and nail. There is no wing of the ruling elite, as there was in Roosevelt’s day, which argues that US capitalism should reduce social inequality to head off revolution.
There is, of course, is an enormous constituency for social redistribution: the working class. But its struggles will be animated in the coming period not by a desire to put patches on capitalism, but to do away with it altogether.
Seven years after Obama acted without due
consideration for the rule of law, it is time for an honest and open
discussion about what giving a pass to millions of illegal immigrants
would mean.
JENNIFER G HICKEY
- BLOG: DACA AMNESTY WOULD MEAN THAT ALL THESE PEOPLE COULD
LEGALLY BRING UP THE REST OF THEIR FAMILIES - NOW DO THE MATH!
Now is
the Time for a Full and Transparent Debate About DACA
By Jennifer G. Hickey
ImmigrationReform.com
Now is the Time for a Full and Transparent Debate About DACA
Last
weekend, U.S. Citizenship and Immigration Services (USCIS), released updated statistics which showed nearly 80,000 – or
10 percent – of Deferred Action for Childhood Arrivals (DACA) participants had
been arrested on charges ranging from DUI and immigration violations to rape
and battery.
The data
further showed that of nearly 110,000 DACA requestors (out of 889,000) who had
an arrest, 85 percent had been arrested before their most recent DACA approval,
and more than 31 percent of that same cohort had more than one arrest.
As
the USCIS acknowledged in its statement, the report
includes arrests, including some which “did not result in convictions or
where the charges were dropped or otherwise dismissed.” Defenders of DACA
tried to dismiss the findings because the report included arrests, not
convictions.
The
report, asserted the Cato Institute’s Alex
Nowrasteh, “also does not provide the comparable arrest rates for other
populations, giving the false impression that that is a high number of arrests
for such a small population.” He then tried to use the data to make a “back of
the envelope” case that the arrest rate for “U.S. residents” is actually
higher.
Contrary
to critics’ claims of ulterior motives, Acting USCIS Secretary Ken
Cuccinelli said the release was an effort to
demonstrate “transparency” about the program and its participants because it
remains a “subject of both public discourse and ongoing litigation.”
Transparency
is an imperative as the nation moves forward to tackle the fallout from
President Obama’s constitutionally-questionable decision to create a program
that many observers now believe the Supreme Court will allow to be dismantled. With a court
ruling not expected until next spring, Democrats in Congress already are calling for the
Senate to move on legislation to grant amnesty to the 700,000 DACA
beneficiaries and other illegal immigrants who came to the U.S. as children.
Transparency
is required if lawmakers are seriously considering giving 1.8 million illegal
aliens amnesty – and possibly their parents too. And that means being
transparent about some of the myths that surround DACA, including that they are
all future brain surgeons, teachers of the year, and scientists. Some most
certainly are on the path to success. But others have been removed from the
program due to gang membership and, as the report shows, some
for far more serious crimes.
The USCIS
report is also relevant because, as many choose to ignore, DACA was never an
actual program. It was, in the words of Obama Homeland Security
Department Secretary Janet Napolitano “an exercise of our prosecutorial
discretion” for an entire class of people who “lacked the intent” to violate
the Nation’s immigration laws.
If
members of Congress want to decline to prosecute our immigration laws, they owe
the public equal transparency about the consequences of shielding an entire
class of people from enforcement. And why other classes of individuals, such as
low-level criminal offenses or DUI arrests (since advocates deem this a minor
crime) should not also be subject to similar “discretion.”
Seven years after Obama acted without due consideration
for the rule of law, it is time for an honest and open discussion about what giving
a pass to millions of illegal immigrants would mean.
Jose Pescador Osuna, Mexican Consul General We are
practicing "La Reconquista" in California."
"Remember 187 -- the Proposition to deny taxpayer funds for services
to non-citizens --- was the last gasp of white America in California." ---
Art Torres, Chairman of the California Democratic Party
Jose Angel Gutierrez, professor,
University of Texas, Arlington and founder of La Raza UnidosUS political
party screams at rallies: "We have an aging white America. They are
dying. They are shitting in their pants with fear! I love it! We have
got to eliminate the gringo, and what I mean by that is if the worst comes to
the worst, we have got to kill him!"
Medina failed to mention the plight of illegal aliens, focusing
instead on how—if given amnesty—they would eventually vote for Democrats.
Clinton promised to
introduce a “pathway to full and equal citizenship” to legalize and grant voting
rights to every illegal alien in the country “within 100 days of taking office”
if she were to be elected president.
Now
it’s worse, much worse, because it’s not only Mexico flushing its criminal
underclass into the U.S., it’s Honduras, El Salvador, Guatemala and every other
country where they’ve been running TV ads telling their unwed mothers, winos
and freelance criminals that all they need to do is tell the gringos that
they’re seeking “asylum,” and then it’s off to the welfare free-stuff office.
Obama Funds the Mexican Fascist Party of
LA RAZA “The Race”
FIFTEEN THINGS YOU SHOULD KNOW ABOUT LA
RAZA “THE RACE”
by Michelle Malkin
Only in America could
critics of a group called "The Race" be labeled racists. Such is the
triumph of left-wing identity chauvinists, whose aggressive activists and
supine abettors have succeeded in redefining all opposition as
"hate."
Both Barack Obama and John
McCain will speak this week in San Diego at the annual conference of
the National Council of La Raza, the Latino organization whose name is Spanish
for, yes, "The Race." Can you imagine Obama and McCain paying
homage to a group of white people who called themselves that? No matter. The
presidential candidates and the media have legitimized "The Race" as
a mainstream ethnic lobbying group and marginalized its critics as intolerant
bigots. The unvarnished truth is that the group is a radical ethnic nationalist
outfit that abuses your tax dollars and milks PC politics to undermine our
sovereignty.
Here are 15 things you
should know about "The Race":
15. "The Race"
supports driver's licenses for illegal aliens.
14."The Race"
demands in-state tuition discounts for illegal alien students that are not
available to law-abiding U.S. citizens and law-abiding legal immigrants.
13. "The Race"
vehemently opposes cooperative immigration enforcement efforts between local,
state and federal authorities.
12. "The Race"
opposes a secure fence on the southern border.
11. "The Race"
joined the American-Arab Anti-Discrimination Committee in a failed lawsuit
attempt to prevent the feds from entering immigration information into a key
national crime database -- and to prevent local police officers from accessing
the data.
10. "The Race"
opposed the state of Oklahoma's tough immigration-enforcement-first laws, which
cut off welfare to illegal aliens, put teeth in employer sanctions and
strengthened local-federal cooperation and information sharing.
9. "The Race"
joined other open-borders, anti-assimilationists and sued to prevent
Proposition 227, California's bilingual education reform ballot initiative,
from becoming law.
8. "The Race"
bitterly protested common-sense voter ID provisions as an "absolute
disgrace."
7. "The Race"
has consistently opposed post-9/11 national security measures at every turn.
6. Former
"Race" president Raul Yzaguirre, Hillary Clinton's Hispanic outreach adviser,
said this: "U.S. English is to Hispanics as the Ku Klux Klan is to
blacks." He was referring to U.S. English, the nation's oldest, largest
citizens' action group dedicated to preserving the unifying role of the English
language in the United States. "The Race" also pioneered Orwellian
open-borders Newspeak and advised the Mexican government on how to lobby for
illegal alien amnesty while avoiding the terms "illegal" and
"amnesty."
5. "The Race"
gives mainstream cover to a poisonous subset of ideological satellites, led by
Movimiento Estudiantil Chicano de Aztlan, or Chicano Student Movement of Aztlan
(MEChA). The late GOP Rep. Charlie Norwood rightly characterized the
organization as "a radical racist group … one of the most anti-American
groups in the country, which has permeated U.S. campuses since the 1960s, and
continues its push to carve a racist nation out of the American West."
4. "The Race"
is currently leading a smear campaign against staunch immigration enforcement
leaders and has called for TV and cable news networks to keep immigration
enforcement proponents off the airwaves -- in addition to pushing for Fairness
Doctrine policies to shut up their foes. The New York Times reported that
current "Race" president Janet Murguia believes "hate
speech" should "not be tolerated, even if such censorship were a
violation of First Amendment rights."
3. "The Race"
sponsors militant ethnic nationalist charter schools subsidized by your public
tax dollars (at least $8 million in federal education grants). The schools
include Aztlan Academy in Tucson, Ariz., the Mexicayotl Academy in Nogales,
Ariz., Academia Cesar Chavez Charter School in St. Paul, Minn., and La Academia
Semillas del Pueblo in Los Angeles, whose principal inveighed: "We don't
want to drink from a White water fountain, we have our own wells and our
natural reservoirs and our way of collecting rain in our aqueducts. We don't need
a White water fountain … ultimately the White way, the American way, the neo
liberal, capitalist way of life will eventually lead to our own
destruction."
2. "The Race"
has perfected the art of the PC shakedown at taxpayer expense, pushing
relentlessly to lower home loan standards for Hispanic borrowers, reaping
millions in federal "mortgage counseling" grants, seeking special
multimillion-dollar earmarks and partnering with banks that do business with
illegal aliens.
1. "The Race"
thrives on ethnic supremacy -- and the elite sheeple's unwillingness to call it
what it is. As historian Victor Davis Hanson observes: "[The]
organization's very nomenclature 'The National Council of La Raza' is hate
speech to the core. Despite all the contortions of the group, Raza (as its
Latin cognate suggests) reflects the meaning of 'race' in Spanish, not 'the
people' -- and that's precisely why we don't hear of something like 'The
National Council of the People,' which would not confer the buzz notion of
ethnic, racial and tribal chauvinism."
The fringe is the center.
The center is the fringe. Viva La Raza.
"This is country
belongs to Mexico" is said by the Mexican Militant. This is a common
teaching that the U.S. is really AZTLAN, belonging to Mexicans, which is taught
to Mexican kids in Arizona and California through a LA Raza educational program
funded by American Tax Payers via President Obama, when he gave LA RAZA
$800,000.00 in March of 2009!
Democrats: A plague on the
nation
How as
Americans do we explain the intransigence of the left when it comes to national
security? 'Tis a mystery. These people, these Democrats
in Congress, are among the most privileged persons on the
planet. They have enjoyed, more than most, the blessings bequeathed
by the Founders, the authors of the Constitution. Yet they are
determined, like Obama, to transform us into something this nation was never
meant to be: a land without borders. While
all of them are on record supporting a border wall in the past, now that Donald
Trump is president, they all oppose it with every fiber of their
being. They know that it will work, and they cannot abide Trump
having a win. These people – Schumer, Pelosi, Gutiérrez, etc. –
are truly venal. Governor Brown has effectively destroyed
California, now benighted by rampant homelessness and the crime that
accompanies a population of illiterate, drug-addicted, gang-affiliated,
criminally inclined persons adrift on our streets. And now another
young officer has been killed by an illegal alien thanks to the left's
obsession with protecting the throngs of migrants crossing the border into the
U.S.
It should be
obvious to every American by now that our progressive left does not have the best
interest of Americans at heart. Quite the opposite. They
loathe those of us who put Trump in the White House and are determined to
punish us. They intend to raise our taxes to pay for the $100B illegal aliens cost us every
year. They need open borders to import future voters;
millions of illegals voted in the 2018 election thanks to motor voter bills and
states' refusal to require voter ID. The Democrats know they cannot
win without cheating. They cheated
in 2016 and are still stunned that their carefully calculated strategy did not
work – thus, the cover-up, AKA the Mueller investigation, of their many crimes
committed over the Obama years, many at the direction of Hillary Clinton with
Obama's knowledge and approval. Our once most revered institutions,
the DOJ, the FBI, and the CIA, have been thoroughly
corrupted. Mueller, a willing participant in that corruption, is up
to his eyeballs in the cover-up.
Will any of
these people at the DOJ, the FBI, and the CIA, ever be held
accountable? To date, they have not been. The power they
have within the Deep State is beyond formidable; it is seemingly absolute.
It appears
that America has become a sort of medieval oligarchy. Trump, as the
outsider he is, is a grave threat to all of those who believed they were in
control in perpetuity. They are ready and willing to do anything, no
matter how illegal or immoral, to depose him, to expel him from office.
The Democrats
in office today, and those about to take the majority in the House, are
anti-Americans. Of that you can be sure. They care about
keeping our borders open to all comers more than they care about keeping
Americans safe. They all supported a border wall when Clinton and
Obama were in office. Now they hate the president more than they
love the country. Of this there can be no doubt.
The Democrats
hate Trump so much that they want the economy to crash. They are
hoping for recession. Is the Fed on board with the
left? It seems so since, that institution's raising the interest
rate yet again is counterproductive to our thriving economy. It is
the Fed that whipsaws Wall Street, is it not?
It appears
that the entirety of the left – the media, the Deep State, Wall Street, and the
Democratic Party – is working in concert to bring Trump down, no matter the
consequences to the country. Meanwhile, the Republicans in the
Congress, most but certainly not all, are as bendy as can be. With
notable exceptions – Jim Jordan, Mark Meadows, Tom Cotton, Matt Gaetz, Louie
Gohmert – they hate Trump, too. He has ruffled their feathers, their
comfortable position as go-alongs-to-get-alongs in D.C. They have no
real principles, no gumption, no fuel for a fight. They are cowards
all, pajama boys. Paul Ryan is their poster boy.
The young
policeman who died in California Christmas night will and should be a wake-up
call for the Democrats. They are 100% responsible for the presence
of such criminals, protected by ridiculous sanctuary policies in our
cities. The media and the Democrats are in an
uproar over the two migrant children who died at the hands of irresponsible
parents who used them as a ticket to ride, yet they have nothing to say about
the murder of the young policeman in Newman, Calif. He is, to them,
a casualty of politics, of their grand design to obliterate conservatives from
the public realm forever. They do not care about him, his widow, or
his infant son. They were happy to contribute to the odious Christine
Blasey Ford's GoFundMe page, but not one of them will contribute to a GoFundMe
page for Ronil Singh's family. He is law enforcement, so they feel
nothing.
The Democratic
Party of today is an abomination. The assault on our constitutional
republic began with Woodrow Wilson, and their long-range plan to overhaul what
the Founders built is still operational. The left has nothing but
contempt for ordinary Americans, especially those who voted for Trump.
Leftists are
dangerous when challenged, like a pack of jackals dismembering its
prey. They need to be defeated, indicted, arrested, tried,
convicted, and imprisoned. They are a scourge on the nation as
founded. They do not love this country; they seek to destroy all that
was and is good within it.
University
of California President Janet Napolitano Resigns
University of California (UC) President Janet
Napolitano announced her resignation on Wednesday. During her rocky tenure over
the UC system, Napolitano championed sanctuary
campuses and was accused of
interfering in a state investigation into the system’s budget.
Napolitano made her announcement at
the UC regents meeting at UCLA, according to a report by Los Angeles Times, which added that the university president’s management of
the UC system has sparked criticism.
While a president of UC, Napolitano
championed sanctuary for illegal aliens, and defended “safe space”
and “trigger warning” culture on college campuses, among other issues.
Prior to her role as UC president, Napolitano served as Arizona
governor from 2003 to 2009, and the Department of Homeland Security (DHS)
secretary under President Barack Obama, from 2009 to 2013.
During her time as
DHS secretary, Napolitano played a key role in providing
sanctuary to illegal aliens by helping the Obama Administration bypass congress to grant de
facto amnesty to young illegal aliens by enacting key parts of DACA with a
memo — calling for law enforcement officials to ignore immigration law —
without any Congressional vote.
As UC president, Napolitano
spearheaded a lawsuit to stop the Trump administration’s actions regarding
the DACA program, which in turn, resulted in more than 500,000 DACA recipients
renewing their authorizations to remain in the United States, notes to Los Angeles Times.
In 2017, a state audit revealed that Napolitano’s
office hid $175 million, even as it raised tuition for students in the UC
system.
“The audit found that Napolitano’s office ‘used misleading
budgeting practices, provided its employees with generous salaries and atypical
benefits, and failed to satisfactorily justify its spending on systemwide
initiatives,'” noted Breitbart News reporter Chriss Street.
Moreover, the auditor testified that Napolitano
and her office had attempted to interfere with — and to smear publicly —
the investigation, in an effort to prevent revelations of the hidden money.
“Napolitano approved a plan
instructing UC campuses to submit responses to confidential questionnaires for
review by each college’s chancellor and her aides before returning them to the
state auditor,” noted Los
Angeles Times. “Those steps and others ‘constituted interference,’
the investigation said.”
More sneaky-pete from
Obama: Huge trove of DHS speeches erased from White House record just before
Trump took office
If
there's one thing that distinguishes Democrats from Republicans, it's got to be
their habit of illegally erasing records of their times in office. It
wasn't just Sandy Bergler getting off scot-free after stealing archives to
destroy, stuffing
them down his pants. It wasn't just the bleachbit and
hammers to destroy email records from an illegal unsecured private server from
President Obama's Secretary of State.
The Obama administration deleted hundreds
of speeches and statements on the Immigration and Customs Enforcement (ICE)
website just hours before President Donald Trump officially entered office,
according to research released Tuesday.
A collection of 190 transcripts of
speeches on ICE’s website was deleted on Jan. 18 and late in the evening on
Jan. 19, 2017, according to
research conducted
by the Sunlight Foundation, a nonpartisan organization that advocates for
government transparency. Statements made by high-ranking ICE officials
regarding controversial immigration topics such as sanctuary cities, E-Verify,
treatment of detainees, and other issues were included in the reported
deletions.
That
stands in striking contrast to the carefully preserved Twitter accounts of
White House officials such as Samantha Power and Ben Rhodes.
Or look at this
well preserved archive of flattering Obama pictures from
his days in the White House. They know how to be meticulous about saving
records when they want to be. And rest assured if there was anything that
needed to be gone to avoid embarrassment, well, let's just say they have
connections at Twitter.
This
document destruction of archived public statements, done just a day or before
Trump entered office in 2017, raises the question about just what the
Obama White House wanted to hide from both Trump and the American public.
I
don't have access to these public statements any more than anyone else does,
but I do recall writing editorials about some of them. I recall that many did
pay lip service to the growing border crisis. Many did cite the crisis as a
crisis. Many did condemn the damage to rule of law that illegal immigration
could do. Some may have criticized sanctuary cities.
It
would take a long time to reconstruct the archive, based on the news trail, but
it might be the only way. Because what it undoubtedly shows is that the Obama
administration knew there was a crisis and took similar steps, perhaps even
harsher steps (remember: They were the ones who caged children, not President
Trump) to attempt to stop the great migration wave. Leftist open-borders
advocates often yelled that he was "the deporter in chief," a title
Obama did not like, but which certainly meant there was some kind of law
enforcement effort going on.
And
with Obama a soft socialist more than a little obssessed with winning the
Latino vote, it's obvious his presidential deeds didn't quite match his
political claims. There was a crisis, law enforcement tried to stop some of it,
and some officials tried to give warning. That was so important for Obama to
hide from the public some of his minions actually erased records. No history
for you.
It's
illegal. It's unfair to the public. It's clearly a bid to give another kick to
the Trump adminstration, enabling Democrats to paint any effort from Trump to
enforce U.S. immigration law as the work of a heartless scoundrel, something
Obama would never dream of being, as the narrative goes.
It
ought to be prosecuted. If the public is ever to retain any right to know, a
failed presidency trying to cover up its record is a good place to start. Let
Trump's lawmen create some new records in the wake of this destruction of old
ones.
FOR EIGHT YEARS BARACK OBAMA AND ERIC HOLDER SABOTAGED HOMELAND
SECURITY TO EASE MORE MEXICANS OVER OUR BORDERS AND INTO OUR JOBS AND VOTING
BOOTHS.
OBAMA NEEDED THESE ILLEGALS TO FINISH OFF THE AMERICAN MIDDLE CLASS, WHAT WAS
LEFT OF THEM AFTER OBAMA'S CRONY BANKSTERS' PLUNDER.
“The
watchdogs at Judicial Watch discovered documents that reveal how the Obama
administration's close coordination with the Mexican government entices
Mexicans to hop over the fence and on to the American dole.” Washington
Times
DESTABILIZE
AMERICA TO LAY GROUNDS FOR A MUSLIM-STYLE DICTATORSHIP
*
“Obama’s new home in Washington has
been described as the “nerve center” of the anti-Trump opposition.
Former attorney general Eric Holder has said that Obama is “ready to roll”
and has aligned himself with the “resistance.” Former
high-level Obama campaign staffers now work with a variety of groups
organizing direct action against Trump’s initiatives. “Resistance School,”
for example, features lectures by former campaign executive
Sara El-Amine, author of the Obama Organizing.”
BARACK OBAMA: Was he
America’s first Communist president in the closet?
Obama choose Communists and Marxists for the highest,
most powerful positions in our land, including his closest political advisors,
and his head of the CIA. These facts are not in dispute. Most are
openly admitted by the people in question, as necessary damage control.
Our press chooses not to report them.
Professor Paul Kengor has extensively
researched the Chicago communists whose progeny include David
Axelrod, Valerie Jarrett, and Barack Hussein Obama. Add the openly
Marxist, pro-communist Ayers, and you have many of the key players who put
Obama into power.
Former
President Barack Obama (L) listens to Eliseo Medina and other people taking
part in the Fast for Families on the National Mall in Washington on Nov. 29,
2013. Obama offered support for those fasting for immigration reform. (NICHOLAS
KAMM/AFP/Getty Images)
Eliseo Medina: Revolution Through Illegal Immigration
“Before
immigration debates took place in Washington, I spoke with Eliseo Medina
and SEIU members,” said
then-Sen. Barack Obama, addressing the Service Employees
International Union (SEIU) at a stop for his 2008 presidential campaign.
Eliseo
Medina, Obama’s informal immigration adviser, has dedicated his life to obtaining
citizenship and voting rights for America’s illegal aliens—now at an estimated
22 million—with the expressed goal of transforming the United States into a
one-party state.
As
a Communist Party USA (CPUSA) supporter and former honorary chair of the
largest Marxist organization in the United States, the Democratic Socialists of
America (DSA), Medina is undeniably the leader of today’s amnesty movement.
At
the far-left “America’s Future Now!” conference in Washington on June 2, 2009,
Medina, then SEIU’s international executive vice president, addressed attendees on the vital importance
of “comprehensive immigration reform”—a code phrase for amnesty.
Medina
failed to mention the plight of illegal aliens, focusing instead on how—if
given amnesty—they would eventually vote for Democrats.
Speaking
of Latino voting patterns in the 2008 election, Medina said:
“When
they [Latinos] voted in November, they voted overwhelmingly for progressive
candidates. Barack Obama got two out of every three voters that showed up.
“So,
I think there’s two things that matter for the progressive community:
“Number
one: If we are to expand this electorate to win, the progressive community
needs to solidly be on the side of immigrants. That will solidify and expand
the progressive coalition for the future.
“Number
two: [If] we reform the immigration laws, it puts 12 million people on the path
to citizenship and eventually voters. Can you imagine if we have—even the same
ratio—two out of three?
“If
we have 8 million new voters … we will create a governing coalition for the
long term, not just for an election cycle.”
Medina’s
“governing coalition” refers to Democrats having control of the federal
government for the foreseeable future, “not just for an election cycle.”
Who Is Eliseo Medina?
Medina‘s road to power began in 1965 when, as a
19-year-old grape-picker, he participated in the United Farm Workers’ strike in
Delano, California. Over the next 13 years, Medina worked alongside labor
leader and beloved socialist Cesar Chavez, eventually surpassing his mentor as
a skilled union organizer and political strategist. Medina met his future wife
Liza Hirsch during this period.
Medina
had met Chicago DSA comrades in the 1970s when he was in the Windy City
organizing a grape boycott for Chavez. From 2004 until 2016, Medina served as
an honorary chairman for the organization.
Like
many DSA members, Medina also worked closely with the CPUSA.
Medina
gave the keynote speech at the CPUSA publication’s People’s Weekly World (PWW)
banquet in Berkeley, California, on Nov. 18, 2001.
The PWW quoted Medina praising the
communist publication: “’Wherever workers are in struggle,’ Medina said, ‘they
find the PWW regularly reporting issues and viewpoints that are seldom covered
by the regular media. For us, the PWW has been and always will be the people’s
voice.’”
In
2007, Medina personally endorsed the People’s World (by then renamed from
People’s Weekly World).
Medina’s Wife and Flexible
Socialist Ethics
Medina’s
wife, Liza, is the daughter of Fred Hirsch, a self-described “communist
plumber” and his even-more-radical wife, Virginia, known as Ginny. In the early
1960s, Ginny Hirsch left her husband and
young children in San Jose while she drove to Guatemala with nearly a ton of
smuggled ammunition destined for leftist rebels.
From
the age of 12, Liza Hirsch was partially raised by Cesar Chavez and, at his
personal request, committed herself at an early age to earning a law degree so
she could serve as an attorney for the movement.
Though
a sometimes-socialist himself, Chavez had no time for illegal aliens (who he
dubbed “wet-backs”) fearing they would “scab” against his strikes and take jobs
from his members. Chavez even launched an “Illegals Campaign”—an organized
program to identify illegal alien workers in the fields and turn them in to the Immigration and
Naturalization Service (INS).
Hirsch
was put in charge of this program. In 1974, just before she went to law school,
she “distributed forms printed in triplicate to all union offices and directed
staff members to document the presence of illegal immigrants in the fields and
report them to the INS,” according to the book “The Crusades of Cesar
Chavez” by Miriam Pawel.
Hirsch
would later marry New York DSA member Paul Du Brul. After his untimely death, she
married Medina, also a card-carrying DSA member by then.
Socialist
ethics can be very flexible.
Changing the Democrat Position
to Pro-Amnesty
Medina joined the SEIU in 1986, where he helped
revive a local union in San Diego, building its membership from 1,700 to more
than 10,000 in five years. Medina became international executive vice president
of the 2.2 million-member SEIU in 1996.
The
SEIU has a huge number of illegal alien workers in its ranks. Medina used that
leverage to promote amnesty in the union movement, as well as in the organized
left and in the Democratic Party.
In
the mid-1990s, most unions were still hostile to illegal alien workers who
worked at a much lower rate, taking jobs away from union members. But in 1994,
several far-left union leaders led by DSA member John Sweeney took over the American
Federation of Labor and Congress of Industrial Organizations (AFL-CIO), setting the stage for a major policy change for the unions—and
ultimately for the Democrats.
Claiming
U.S. immigration policy was “broken and [needed] to be fixed,” the AFL-CIO on
Feb. 16, 2000, called for a new amnesty for
millions of undocumented workers and the repeal of the 1986 legislation that
criminalized hiring them.
According
to the DSA website in 2004, Medina was
“widely credited with playing a key role in the AFL-CIO’s decision to adopt a
new policy on immigration a few years ago.”
From
his union position, Medina reached across the labor movement into the social
movements and the Catholic Church to create the widest possible pro-amnesty
coalition.
“Working
to ensure the opportunity to pass comprehensive immigration reform does not
slip away, Medina led the effort to unite the unions of the Change to Win
federation and AFL-CIO around a comprehensive framework for reform. Serving as
a leading voice in Washington, frequently testifying before Congress, Medina
has also helped to build a strong, diverse coalition of community and national
partners that have intensified the call for reform and cultivated necessary
political capital to hold elected leaders accountable.
“Medina
has also helped strengthen ties between the Roman Catholic Church and the labor
movement to work on common concerns such as immigrant worker rights and access
to health care.”
In
August 2008, the Obama campaign announced the formation of its National Latino
Advisory Council. The new body consisted of several Democratic
Congress members, a Catholic bishop, a former ambassador, two former cabinet
members, and Medina.
After
the election, Medina became Obama’s informal adviser on issues concerning
immigration and amnesty. The fact that a DSA member and CPUSA supporter was
advising the U.S. president on issues of vital national security importance
appeared to concern no one.
Eventually,
Medina and his movement were able to get an amnesty bill passed through the
U.S. Senate. If they could only pass a bill through the House, the United
States would be set on an irreversible path to socialism.
Fortunately,
Tea Party-aligned Republican Congress members refused to sell out their nation.
They held the line against intense pressure, and no amnesty bill was passed
through the House in Obama’s eight years in the White House.
‘Fast for Families’
In
November 2013, Medina, along with Cristian Avila of amnesty advocacy group Mi
Familia Vota and Dae Jung Yoon of the National Korean American Service and
Education Consortium (a hard-left group that supports communist North Korea),
started a 22-day “fast for families” in front of Capitol Hill “to demand
Congress approve comprehensive immigration reform,” according to People’s World.
The
staged protest gained worldwide media attention. Several Democratic members of
Congress dropped by to offer support, along
with then-President Obama, first lady Michelle Obama, and Vice President Joe
Biden.
Still,
House Republicans did not budge.
On
May 17, 2016, Hillary Clinton’s presidential campaign
announced that long-time DSA activist
Dolores
Huerta and Medina would join the team as senior advisers in
California.
“Huerta
and Medina will build on the campaign’s robust outreach to the Latino community
in California and work with the campaign’s senior team to organize and engage
Californians in conversations about Hillary Clinton’s plans to break down
barriers and help move the country forward.
“’We
are thrilled to be joined by two incredibly accomplished and admired leaders in
the Latino, immigrant and labor communities, Dolores Huerta and Eliseo Medina,’
said Buffy Wicks, State Director for Hillary for California. ‘Their advocacy
and leadership … will go a long way in continuing the important work of
reaching every California voter in advance of the June 7 primary.’”
Clinton promised to introduce a “pathway
to full and equal citizenship” to legalize and grant voting rights to
every illegal alien in the country “within 100 days of taking office” if she
were to be elected president.
Had
President Donald Trump not won his shocking victory on Nov. 6, 2016,
Medina’s dream of a permanent, unbeatable progressive “governing coalition”
would today be a reality, making it virtually impossible to elect another
Republican president.
Trevor
Loudon is an author, filmmaker, and public speaker from New Zealand. For more
than 30 years, he has researched radical left, Marxist, and terrorist movements
and their covert influence on mainstream politics.
Views
expressed in this article are the opinions of the author and do not necessarily
reflect the views of The Epoch Times.
“Attorney General Eric Holder's tenure
was a low point even within the disgraceful scandal-ridden Obama
years.” DANIEL GREENFIELD
Senate Hearing:
Obama’s DACA and Flores Orders Spiked Illegal Migration
Sen. Ron Johnson
NEIL
MUNRO
The illegal
migration of “family units” and “unaccompanied alien children” spiked after
former President Barack Obama signed off on the “DACA” amnesty and the Flores court order, according to a graphic
used by the chairman of the Senate Homeland Defense Committee.
Committee chairman Rep. Ron Johnson, R-Wisc., touted the jarring
graphic by printing it on paper cups used by the committee members. The graphic
contradicts claims by Democrats that the huge wave of Central American economic
migrants are really refugees from a humanitarian disaster caused by crime and
crop failures in Central America.
Officials expect almost one million Central American migrants in
the 12 months prior to October 2019. The migrant wave includes hundreds of thousands
of people in “family units.” These units consist of adults who bring youths and
children to help trigger the border catch-and-release loophole.
The primary catch-and-release loophole is the Flores court
order, because it requires border agencies to release migrants within 20 days
if they bring children. Once released, the migrant adults take jobs in American
workplaces and their children are sent to the schools used by the children of
blue-collar Americans.
The Flores decision “has been the essential
driver, frankly, for the increase in family units,” said Kevin McAleenan, the
acting secretary of the Department of Homeland Security in a May 23 committee
hearing. He continued:
That certainty, that knowledge, that they will be allowed to stay
in the US. indefinitely, pending a court [asylum] proceeding that could be
years away … is a huge draw. Smugglers have capitalized on that. They’re
advertising that fact. We hear that routinely from our interviews with
families.
The 2015 extension of the 1993 Flores judgment
was accepted by the Obama administration, even though it requires border
agencies to release migrants within 20 days if they bring children. Obama’s
legal team could have fought the decision by filing appeals with higher courts,
but it instead signed an agreement to implement the decision.
Under policies set by judges, the 2015 agreement by Obama, ACLU
activists, and the judge binds President Donald Trump, even though he did not
approve it, and even though the Supreme Court did approve the extension.
Obama’s 2012 DACA amnesty offered a sanctuary from deportation,
plus work permits and Social Security Numbers, to roughly 800,000 migrants who
had been smuggled over the border by their parents. The giveaway is legally shaky, but it prompted many
other illegal migrants to get their children
delivered from Central America by smugglers to U.S. border agencies,
which then passed the children to the parents.
This government-enabled smuggling operation helped bring tens
of thousands of carefuly smuggled Unaccompanied Minor Children (UACs) into the
United States. Very few migrants have been sent home, according to federal
data.
Democratic legislators have refused to reform the border rules,
ensuring that 100,000 migrants — including 40,000 children — walked over the
border in April 2019, into the nation’s job sites and schools.
However, Trump’s deputies are preparing a regulation that would
allow them to detain migrants with children for more than 20 days.
But Obama holdovers in the agencies have slowed the regulation.
The Flores requirement that state officials set up a health
and safety inspection process for family detention centers has also delayed the
regulatory fix.
Democrats say the migration is a humanitarian crisis but deny
their role in creating the disaster, which is now emptying parts of Guatemala.
The US govt's appetite for more cheap labor
is distorting Central America's economy by encouraging & subsidizing
migration instead of boosting local investment & job-growth via
trade. http://bit.ly/2VHmkPG
Trump’s deputies are
also developing other programs to stop the flow, such as the “Remain in Mexico”
program, which prevents migrants from getting jobs while they wait for court
hearings. If denied jobs, the migrants would not be able to pay the travel
costs owed to the Mexican cartels and will not make the trip.
Trump's 'Remain in Mexico' program is
helping ensure that pregnant migrants cannot cheat the legal asylum process by
birthing a child in the U.S. Pro-migration groups are aghast. http://bit.ly/2X3qNhr
This year’s inflow of one million illegal migrants from Central
American is only a small slice of the immigration economy.
Each year, roughly four million young Americans join the
workforce after graduating from high school or university.
But the federal government then imports about 1.1 million legal
immigrants and refreshes a resident population of roughly 1.5 million
white-collar visa workers — including roughly one million H-1B workers — and
approximately 500,000 blue-collar visa workers.
The government also prints out more than one million work
permits for foreigners, tolerates about eight million illegal workers, and does
not punish companies for employing the hundreds of thousands of illegal
migrants who sneak across the border or overstay their legal visas each year.
This policy of inflating the labor supply boosts economic growth
for investors because it
ensures that employers do not have to compete for American workers by offering
higher wages and better working conditions.
This policy of flooding the market
with cheap foreign white-collar graduates and
blue-collar labor shifts also
enormous wealth from young employees towards
older investors even as it also widens wealth
gaps, reduces high-tech
investment, increases state and local
tax burdens, and hurts children’s schools and college educations. It
also pushes Americans away
from high-tech careers and sidelines millions of marginalized Americans,
including many who are now struggling with fentanyl
addictions. The labor policy also moves business investment and wealth
from the heartland to the coastal cities, explodes rents and housing costs, shrivels real estate
values in the Midwest and rewards investors for creating low tech, labor-intensive workplaces.
Nancy Pelosi is promising to raise wages
via gov't socialism, but Trump's "Hire American"
immigration/labor-supply policy is nudging wages up by 3-4 percent a year. Yes,
politicians competing over rival wage-raising policies would be a great
thing. http://bit.ly/2Vgymzk
DACA
Amnesty Would Render Border Wall Useless, Cost Americans $26B
Eric Baradat/AFP/Getty- mages
5:36
A deal in which President Trump accepts an
amnesty for millions of illegal aliens enrolled and eligible for President
Obama’s Deferred Action for Childhood Arrivals (DACA) program in exchange for
minor border wall funding would be counterproductive to the “America First”
goals of the administration, depressing U.S. wages in the process ahead of the
2020 election.
As Breitbart News has extensively chronicled, Attorney General
Jeff Sessions ended the DACA program last year, although it’s
official termination has been held up in court by left-wing judges.
Since then, a coalition of establishment Republicans and
Democrats have sought to ram an amnesty for up to 3.5 million DACA-enrolled and
eligible illegal aliens through Congress, an initiative supported by the donor class.
CLOSE | X
Such a plan, most recently, has been touted in an effort to
negotiate a deal in which Trump receives anywhere between $1.6 tand $5
billion for his proposed U.S.-Mexico border wall in exchange for approving a
DACA amnesty for millions.
The amnesty would render the border wall useless, as it would
not only trigger increased illegal immigration at the border — which is already
set to hit the highest annual level in a decade next
year — but increased legal immigration to the country.
Last year, Department of Homeland Security (DHS) Secretary
Kirstjen Nielsen admittedthat even discussion of
a DACA amnesty increased illegal immigration at the southern
border, as migrants surge to the U.S. in hopes of making it into the country to
later cash in on the amnesty.
Kansas Secretary of State Kris Kobach previously predicted that a DACA
amnesty would trigger an immediate flood of a million illegal aliens arriving
at the U.S.-Mexico border. In 2014, when Obama enacted DACA by Executive
Order, the temporary amnesty caused a surge at the southern border, as noted by the Migration
Policy Institute.
In terms of legal immigration, a DACA amnesty would implement a never-ending flow of foreign
relatives to the DACA illegal aliens who can be readily sponsored for green
cards through the process known as “chain migration.”
According to Princeton University researchers Stacie
Carr and Marta Tienda, the average number of family members brought to the U.S.
by newly naturalized Mexican immigrants stands at roughly six. Therefore,
should all 1.5 million amnestied illegal aliens bring six relatives each to the
U.S., that would constitute a total chain migration of nine million new foreign
nationals entering the U.S.
If the number of amnestied illegal aliens who gain a pathway to
citizenship under an immigration deal were to rise to the full 3.3 million who
would be eligible for DREAM Act amnesty, and if each brought in three to six
foreign family members, the chain migration flow could range from 9.9 million
to 19.8 million foreign nationals coming to the U.S.
At this rate of chain migration solely from a DACA amnesty, the
number of legal immigrants arriving to the U.S. with family relations to the
amnestied population would potentially outpace the population of New York City,
New York — where more than 8.5 million residents live.
Should the goal of Trump’s proposed border wall be to reduce
illegal immigration and eventually incentivize lawmakers to reduce legal
immigration levels — where the U.S. imports 1.5 million immigrants every year —
to raise the wages of America’s working and middle class, a DACA amnesty would
have the opposite impact, increasing illegal and legal immigration levels.
The president has also touted the wall as a benefit to American
citizens in terms of cost. A border wall is projected to cost about $25
million, a tiny figure compared to the $116 billion that illegal
immigration costs U.S. taxpayers every year.
A DACA amnesty, coupled with a border wall, would have steep
costs for American citizens — wiping out the cost-benefit to taxpayers of the
wall.
For example, a DACA amnesty would cost American taxpayers about $26 billion, more than the border
wall, and that does not include the money taxpayers would have to fork up to
subsidize the legal immigrant relatives of DACA illegal aliens. And because
amnesties for illegal aliens tend to be larger than initially predicted, the
total cost would likely be even higher for taxpayers.
Additionally, about one in five DACA illegal
aliens, after an amnesty, would end up on food stamps, while at least one in seven would go on
Medicaid, the CBO has estimated.
The number of DACA illegal aliens who will go on Medicaid
following an amnesty is likely to be much larger than what the CBO reports.
Previous research by the Center for
Immigration Studies indicates that the average immigrant household in the
U.S. takes 44 percent more Medicaid money than the average American household.
The research also noted that 56 percent of households led by illegal
aliens have at least one person on Medicaid.
Another study, reported by Breitbart News, indicates that the
CBO estimate of DACA illegal aliens who would end up on Medicaid after an
amnesty is the lowest total possible of illegal aliens who would go on the welfare
program.
Meanwhile, a DACA amnesty would drag increasing U.S. wages down
for the country’s working and middle class, delivering benefits to the business
lobby while squashing the intended goals of the Trump administration ahead of
the 2020 presidential election. The plan is also likely to hit the black
American community the hardest, as they are
forced to compete for blue collar jobs against a growing illegal and legal
immigrant population from Central America.
On Tuesday, Trump said he would be willing to shut down the
federal government in order to secure funding for his proposed border wall.
Democrat leaders Sen. Chuck Schumer (D-NY) and Rep. Nancy Pelosi (D-CA) have
previously indicated that they would be willing to swap an amnesty in exchange
for funding border “security measures.”
John Binder is a
reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.
Trump ‘immigration reform’
ignores real problem
President Donald Trump participates in a
roundtable on immigration and border security at the U.S. Border Patrol
Calexico Station in Calexico, Calif., Friday April 5, 2019. Trump headed to the
border with Mexico to make a renewed push for border security as a central
campaign issue for his 2020 re-election. (AP Photo/Jacquelyn Martin)
By HOWIE
CARR | howard.carr@medianewsgroup.com |
Boston Herald
Trump ‘immigration reform’ ignores real problem
President Donald Trump
participates in a roundtable on immigration and border security at the U.S. Border
Patrol Calexico Station in Calexico, Calif., Friday April 5, 2019. Trump headed
to the border with Mexico to make a renewed push for border security as a
central campaign issue for his 2020 re-election. (AP Photo/Jacquelyn Martin)
By HOWIE CARR | howard.carr@medianewsgroup.com
| Boston Herald
OK, so
President Trump’s “immigration reform plan” is nothing more than a campaign
document, a talking point, to impress the likes of the Wall Street Journal
(which gave him a big wet kiss of an editorial Saturday) and the Chambers of
Commerce.
But as
everyone knows, the problem isn’t so much who we are keeping out of the country
– educated, English-speaking people with a work ethic – as opposed to the
shiftless, lawless hordes we are allowing to swarm across the southern border
in untold numbers.
The problem is most of
these undocumented Democrats are future recipients of at least one welfare
handout, and even worse, they include a sizable contingent of future MS-13
gangbangers, drive-by shooters, identity thieves and fentanyl dealers.
On
Thursday, at the White House, the president halfheartedly raised the specter of
these marvelously educated foreign college grads being forced to return home.
But c’mon, how many MIT and CalTech grads really get the heave-ho?
When
he announced for president in 2015, Trump famously said, “When Mexico sends its
people, they’re not sending their best.”
Now
it’s worse, much worse, because it’s not only Mexico flushing its criminal
underclass into the U.S., it’s Honduras, El Salvador, Guatemala and every other
country where they’ve been running TV ads telling their unwed mothers, winos
and freelance criminals that all they need to do is tell the gringos that
they’re seeking “asylum,” and then it’s off to the welfare free-stuff office.
As the old song goes, “Everything free
in America.”
The U.S. Sentencing
Commission recently released its 2018 report on federal sentencing statistics:
42.7 percent of offenders were illegal aliens. Sixty-three percent of all
non-citizens charged with drug trafficking last year were living in the country
illegally.
Look what happened at the Quincy
District Court Friday. ICE was staking it out, looking to grab a Dominican
heroin/cocaine dealer with a phony Puerto Rican identity. He didn’t show.
On Thursday, in Texas, a
“Dallas man,” as the Associated Press described him, was charged with the
murders of 11 elderly American women between the ages of 76 and 94, as he stole
their jewelry and other valuables. In the third paragraph, the AP copped to the
truth – the serial killer was “a Kenyan citizen who was living in the U.S.
illegally.”
Here’s another recent headline: “ICE
arrests Salvadoran murder suspect, gang associate in South Dakota.”
Question: Since when is South Dakota a
border state? Answer: Since Barack Obama was president, maybe even before then.
As George W. Bush used to say, they’re
only doing the jobs Americans won’t do. Jobs that apparently include fentanyl
and meth dealing, not to mention dismemberment of their underworld rivals and
too many instances of domestic abuse and drunken driving to even recount? In
case you missed it, ICE has picked up 141 illegal immigrant drunken drivers in
recent weeks, just in New England.
Here’s a recent headline from the
Worcester Telegram: “Three men arrested in Millbury in alleged scheme to
defraud banks.”
“Three men” – that’s the dead-giveaway
phrase. The only remaining question is, in what paragraph will the paper
mention the perps’ immigration status?
In this story, the answer was, the 17th:
“The detective said the three suspects each had passports from Ghana. She said
she was unsure of their citizenship status.”
I’m not unsure at all. Are you?
Next, a few recent press releases from
the feds in New England. First, from the eastern district of Massachusetts:
“Dominican National Pleads Guilty to
Identity Theft/Defendant stole identity of US Army Specialist … Dominican
National Sentenced for Social Security Fraud … Dominican National Pleads Guilty
to Social Security Fraud and Identity Theft … Brazilian National Sentenced for
ATM Skimming.”
Here are a few from Connecticut:
“Third Nigerian National Admits Role in
Business E-Mail Compromise Scheme Targeting CFO’s and Controllers … Mexican
National Convicted of Illegal Reentry for a Third Time … Citizen of Peru
Charged with Illegally Reentering US.”
That Peruvian illegal immigrant was a
drug dealer and warrant defaulter.
Let’s not slight Rhode Island: “15 Individuals Convicted,
Sentenced in Heroin and Cocaine Trafficking Conspiracy.”
Unfortunately, the R.I. U.S. Attorney’s
Office buried the lede about the drug outfit headed by one Juan Valdez: “Eleven
of the ‘Operation Triple Play’ defendants, many of whom had been living in the
United States with stolen identities, including the three brothers who led the
drug trafficking organizations, have or will face deportation proceedings …
Juan Valdez was previously deported from the United States on four occasions.”
Look, I understand, every resort, restaurant and hotel owner in
New England needs H2B visa workers to get through the resort season. That’s a
problem, granted. But the bigger disaster is this: Illegal immigrant criminals
are destroying the United States, and one of the nation’s major political
parties think it’s in its interest to continue the “fundamental transformation”
of America … into a Third World hellhole.
IMMIGRATION
AS ECONOMIC WAR ON THE AMERICAN MIDDLE-CLASS.
Yes, it is
by invitation of the Democrat and Republican parties on behalf of their rich
paymasters!
However, the dominant force in American
politics for the last two decades has been economic warfare against American
citizens.
This economic warfare has
two primary components; the use of government to economically favor one group
over another; and the collusion of immigrant groups to economically inhibit
Americans who oppose replacement migration.
JOSHUA FOXWORTH – AMERICAN
THINKER
"This is country belongs to
Mexico" is said by the Mexican Militant. This is a common teaching that
the U.S. is really AZTLAN, belonging to Mexicans, which is taught to Mexican
kids in Arizona and California through a LA Raza educational program funded by
American Tax Payers via President Obama, when he gave LA RAZA $800,000.00 in
March of 2009!
The “mother
of all caravans” is forming in Central
America, and our border-enforcement system is at
“the breaking point” — all because
Democrats in Congress rejects any effort to plug the legal
loopholes that drive the accelerating flood at
the border. In effect, Nancy Pelosi and Chuck Schumer are doing just what Cesar
Chavez complained about 40 years ago: placating employers by allowing the
unhindered importation of cheap labor to undermine the efforts of American
workers to negotiate higher wages. MARK KRIKORIAN
JAMES WALSH
THE OBAMA-BIDEN HISPANICAZATION of
AMERICA… first ease millions of illegals over our borders and into our voting
booths!
How the Democrat party surrendered America
to Mexico:
“The watchdogs at Judicial Watch
discovered documents that reveal how the Obama administration's close
coordination with the Mexican government entices Mexicans to hop over the fence
and on to the American dole.” Washington Times
"This is country belongs to
Mexico" is said by the Mexican Militant. This is a common teaching that
the U.S. is really AZTLAN, belonging to Mexicans, which is taught to Mexican
kids in Arizona and California through a LA Raza educational program funded by
American Tax Payers via President Obama, when he gave LA RAZA $800,000.00 in
March of 2009!
The “zero tolerance” program was
dismantled by Attorney General Erc Holder once it had successfully cut the
transit of migrants by roughly 95 percent. Initially, officials made
140,000 arrests per year in the mid-2000s, but the northward flow dropped so
much that officials only had to make 6,000 arrests in 2013, according to
a 2014 letter by two pro-migration Senators, Sen. Jeff Flake and
John McCain.
“The cost of the Dream Act is far bigger
than the Democrats or their media allies admit. Instead of covering 690,000
younger illegals now enrolled in former President Barack Obama’s 2012 “DACA”
amnesty, the Dream Act would legalize at least 3.3 million illegals, according to a pro-immigration group,
the Migration Policy Institute.”
Obama Quietly Erasing Borders (Article)
WIKILEAKS EXPOSES THE OBAMA CONSPIRACY
TO FLOOD AMERICAN WITH DEM VOTING ILLEGALS
“The watchdogs at Judicial Watch
discovered documents that reveal how the Obama administration's close coordination
with the Mexican government entices Mexicans to hop over the fence and on to
the American dole.” Washington Times
"This is country belongs to
Mexico" is said by the Mexican Militant. This is a common teaching that
the U.S. is really AZTLAN, belonging to Mexicans, which is taught to Mexican
kids in Arizona and California through a LA Raza educational program funded by
American Tax Payers via President Obama, when he gave LA RAZA $800,000.00 in
March of 2009!
Previous generations of immigrants did not
believe they were racially superior to Americans. That is the view of La Raza Cosmica, by Jose Vasconcelos, Mexico’s former
education minister and a presidential candidate. According to this book,
republished in 1979 by the Department of Chicano Studies at Cal State LA,
students of Scandinavian, Dutch and English background are dullards, blacks are
ugly and inferior, and those “Mongols” with the slanted eyes lack enterprise.
The superior new “cosmic” race of Spaniards and Indians is replacing them, and
all Yankee “Anglos.” LLOYD BILLINGSLEY/ FRONTPAGE mag
*
GLOBALIST BARACK OBAMA AND NANCY PELOSI’S
CONSPIRACY TO SABOTAGE HOMELAND SECURITY AND KEEP AMERICA FLOODED WITH DEM
VOTING ILLEGALS
"Along with
Obama, Pelosi and Schumer are responsible for incalculable damage done to this
country over the eight years of that administration." PATRICIA
McCARTHY
“One of
the most disgusting things to come out of the Obama administration was
"Operation Fast and Furious," where members of the Department of
Alcohol, Tobacco, Firearms and Explosives (ATF) allowed illegal gun sales to go
through – commonly referred to as "gun walking" – in order to track
buyers and sellers they believed were connected to the Mexican drug cartels.
Nearly 2,000 firearms were sold and were eventually found throughout the United
States and Mexico. Two of them were used to k ill Border Patrol Agent Brian
Terry.” BETH BAUMANN
DURING OBAMA'S 8 YEAR BANKSTER REGIME,
HE OPERATED LA RAZA (NOW CALLING ITSELF UNIDOSus FROM THE WHITE HOUSE
UNDER LA RAZA V.P. CECILIA MUNOZ. HE FUNDED THE MEX FASCIST PARTY WITH
U.S. TAX DOLLARS.
BOTH OF OBAMA’S SECRETARY of (ILLEGAL)
LABOR WERE LA RAZA SUPREMACIST. THESE WERE HILDA SOLIS AND TOM PEREZ.
The “zero tolerance” program was
dismantled by Attorney General Erc Holder once it had successfully cut the
transit of migrants by roughly 95 percent. Initially, officials made
140,000 arrests per year in the mid-2000s, but the northward flow dropped so
much that officials only had to make 6,000 arrests in 2013, according to
a 2014 letter by two pro-migration Senators, Sen. Jeff Flake and
John McCain.
Jose Angel Gutierrez, professor,
University of Texas, Arlington and founder of La Raza Unida political
party screams at rallies: "We have an aging white America. They are d
ying. They are s hitting in their pants with fear! I love it! We have
got to eliminate the g ringo, and what I mean by that is if the worst comes to
the worst, we have got to k ill him!"
Previous generations of immigrants did not
believe they were racially superior to Americans. That is the view of La Raza Cosmica, by Jose Vasconcelos, Mexico’s former
education minister and a presidential candidate. According to this book,
republished in 1979 by the Department of Chicano Studies at Cal State LA, students
of Scandinavian, Dutch and English background are dullards, blacks are ugly and
inferior, and those “Mongols” with the slanted eyes lack enterprise. The
superior new “cosmic” race of Spaniards and Indians is replacing them, and all
Yankee “Anglos.” LLOYD BILLINGSLEY/ FRONTPAGE mag
The Democrat Party’s Legacy of the
'Hispanicazation' of America
By: James Walsh
Casting a shadow on economic recovery
efforts in the United States is the cost of illegal immigration that consumes
U.S. taxpayer dollars for education, healthcare, social welfare benefits, and
criminal justice. Illegal aliens (or more politically correct, “undocumented
immigrants”) with ties to Mexican drug cartels are contributing to death and
destruction on U.S. lands along the southern border.
While the declining job market in the
United States may be discouraging some would-be border crossers, a flow of
illegal aliens continues unabated, with many entering the United States as
drug-smuggling “mules.”
THE
INVADING CRIMINALS:
A county by county
chart:
OBAMA’S INVASION OF ILLEGALS IS WORKING!
They’re already signed up to vote LA RAZA
SUPREMACY DEM!
“According to Immigration and Customers
Enforcement data first obtained by the Associated Press this week, about 70
percent of the 40,000 migrant family members arrested at the border since May
did not follow up their arrest with a necessary visit to an immigration
office.”
THE DEMOCRAT PARTY and the RISE OF THE MEXICAN
FASCIST WELFARE STATE and MEX FASCIST PARTY of LA RAZA “The Race” NOW CALLING
ITSELF UNIDOus.
Not long ago, both Democrats and Republicans advocated safe, secure
borders and an immigration policy of admitting immigrants who benefit, not
burden, Americans. Que pasó? ….. LARRY ELDER – FRONT PAGE MAG
Mecha's
(M.E.Ch.A.) own slogan reads, "For the race everything. For those outside
the race, nothing."
LA RAZA: The Mexican Fascist Party of LA
RAZA “THE RACE” and the Reconquista and surrender of America to NARCOMEX.
The comparison to the Nazi Party is well
deserved. La Raza openly supports pushing all but Latino Americans out of a
portion of the United States (ethnic cleansing), they call for 'Reconquista' or
the re-conquest of the American Southwest by Mexico (the re-occupation of the
Sudetanland), and the establishment of 'Atzlan' which is the utopian all-Latino
version of the American Southwestern states (Adolf Hitler planned to called his
utopia Germania).
Jose Pescador Osuna, Mexican Consul General We are
practicing "La Reconquista" in California."
"Remember
187 -- the Proposition to deny taxpayer funds for services to non-citizens ---
was the last gasp of white America in California." --- Art Torres,
Chairman of the California Democratic Party
OF COURSE THE MEXICAN OCCUPATION IS NOW
BORDER TO BORDER!
"The American Southwest seems to be
slowly returning to the jurisdiction of Mexico without firing a single
shot." --- Excelsior, the national newspaper of Mexico
DURING
OBAMA'S 8 YEAR BANKSTER REGIME, HE OPERATED LA RAZA (NOW CALLING ITSELF
UNIDOus FROM THE WHITE HOUSE UNDER LA RAZA V.P. CECILIA MUNOZ. HE
FUNDED THE MEX FASCIST PARTY WITH U.S. TAX DOLLARS.
BOTH
OF OBAMA’S SECRETARY of (ILLEGAL) LABOR WERE LA RAZA SUPREMACIST. THESE WERE
HILDA SOLIS AND TOM PEREZ.
Jose
Angel Gutierrez, professor, University of Texas, Arlington and founder of
La Raza Unida political party screams at rallies: "We have
an aging white America. They are dying. They are shitting in their
pants with fear! I love it! We have got to eliminate the gringo, and what
I mean by that is if the worst comes to the worst, we have got to ki ll
him!"
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