JOE BIDEN'S AMERICA: NO DAMNED LEGAL NEED APPLY
SO WHY GO TO COLLEGE?
THERE IS NO GREATER THREAT TO AMERICA, THE AMERICAN MIDDLE CLASS, AMERICAN DEMOCRACY OR AMERICAN BORDERS THAN THE GLOBALIST DEMOCRAT PARTY, SERVANTS OF TECH BILLIONAIRES AND WALL STREET.
Those giveaways include an amnesty for 6.5 million, as well as new rules to help the Fortune 500 companies hire an uncapped number of foreign graduates, instead of American graduates, and a dramatic acceleration of chain migration into the United States, regardless of the damaging impact on Americans’ wages, families finances, and housing prices. The changes would have a big impact on Americans’ pocketbooks but would cost the federal government a small share of the spending plan.
Analysis conducted last year reveal that 71 percent of tech workers in Silicon Valley are foreign-born, while the tech industry in the San Francisco, Oakland, and Hayward area is made up of 50 percent foreign-born tech workers.
Despite his Wall Street, big business, Big Tech, and billionaire donations, Biden has attempted to portray himself as a small-town fighter from Scranton, Pennsylvania
"This is how they will destroy America from within. The leftist billionaires who orchestrate these plans are wealthy. Those tasked with representing us in Congress will never be exposed to the cost of the invasion of millions of migrants. They have nothing but contempt for those of us who must endure the consequences of our communities being intruded upon by gang members, drug dealers and human traffickers. These people have no intention of becoming Americans; like the Democrats who welcome them, they have contempt for us." PATRICIA McCARTHY
Joe Biden is on record that illegals are “already Americans,” and under Alejandro Mayorkas, the Biden Department of Homeland Security is effectively the Department of Human Trafficking. John Fonte of the Hudson Institute makes a strong case that “operational control of the border is no longer in American hands,” and under the control of Mexican cartels. These are criminal organizations but behind the scenes, a more powerful dynamic is in play. Lloyd Billingsley
Likewise, the Biden-Harris plan for national immigration policy — which seeks to drive up legal and illegal immigration levels to their highest levels in decades — offers a flooded labor market with low wages for U.S. workers and increased bargaining power for big business that has long been supported by Wall Street. JOHN BINDER
By failures of border security, a lack of the enforcement of our immigration laws from within the interior of the United States and huge numbers of visas for high tech workers, the lives and livelihoods of Americans and their children, are being stolen by America’s corrupt political elite who are doing the bidding of those who provide them with huge “Campaign Contributions” (Orwellian euphemism for bribes) pursue legislation that is diametrically opposed to the best interests of America and Americans.
MICHAEL CUTLER
While Biden has vowed to flood the U.S. labor market with more foreign workers to compete against Americans for jobs, he has shied away from questions on whether he will eliminate tariffs on foreign imports that were imposed by Trump. Such elimination of tariffs would be a boon to multinational corporations that offshore their production and jobs overseas only to import their products back into the U.S. market, often with no penalties for doing so.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.
90% OF THE EMPLOYEES OF BIDEN'S CRONY MARK ZUCKERBERG'S FACEBOOK WERE BORN IN INDIA!
Joe Biden Seeks Indian Votes with Amnesty, Work Permits for India’s Graduates
Joe Biden is promising to deliver more of India’s contract workers — plus an unlimited supply of tech graduates — to the small but growing Indian community in the United States.
“He will increase the number of visas offered for permanent, work-based immigration based on macroeconomic conditions and exempt from any cap recent graduates of Ph.D. programs in STEM fields,” says a new page on Biden’s campaign website. The page is titled “Joe Biden’s Agenda for the Indian American [sic] Community.”
Zuckerberg’s FWD.us Claims No Amnesty Ensures Midterm Defeat for Democrats
What the resumption of student loan repayments will mean for millions of young people
President Joe Biden announced Wednesday he is extending the pause on student loan payments until May 1.
The payments, which were set to restart on February 1, have been paused since the beginning of the pandemic. The temporary pause of student loan payments includes a freeze on loan repayments, interest accrual, as well as collections, garnishments and tax refund interceptions on defaulted loans.
The last extension of the freeze, started under the Trump administration in March 2020, was later provocatively called the “final” extension of the relief by the Biden administration.
White House officials have publicly insisted for months that student loan repayments would resume February 1, 2022, and that the administration’s high priority was a “smooth transition back into repayment” after the end of the moratorium. The three-month extension is a sign that the administration anticipates a colossal economic and social catastrophe to unfold over the next few months as the Omicron variant of COVID-19 spirals out of control.
The US Department of Education has taken no notice of the change in messaging, sending out mass emails to loan borrowers warning of the imminent return to student loan payment, as well as numerous tweets on the government’s Twitter account around this same theme.
Federal Student Aid Director Richard Cordray said in a tweet on December 20, “Higher ed partners: Encourage borrowers to prepare for federal student loan payments to begin after Jan. 31 by taking these six steps” linking to the Federal Student Aid website, with a graphic labeled “Preparing for the End of the Payment Pause.” One Twitter user remarked, referring to the graphic, which was winter-weather-clothing themed, “I see what you did with the graphic. People won’t be able to afford heat once loan repayments start, so you’re telling them to bundle up. Great advice.”
Another tweeted: “Thank god you used cute graphics to show that soon 40 million of us will be giving you hundreds of dollars a month that we don’t have.”
Outstanding student loan debt totals a staggering $1.75 trillion in the US, with the increase in debt outpacing GDP growth by six times. Over 43 million students and former students owe an average of $39,000. According to the Education Data Initiative, the debt accrued is $9,000 more than the average cost of a bachelor’s degree at a public university.
Sixty-five percent of college-educated American adults are still paying off student loans according to First Republic Bank. The government took in $70.3 billion from student loan programs in 2019 according to Slate, with $22.4 billion of this being from interest alone.
The resumption of student loan payments means that tens of millions of young people will soon be forced to restart debt payments in the midst of a surge in the pandemic fueled by the novel Omicron variant of SARS-CoV-2, while real wages have decreased 1.9 percent in the last year alone, with inflation at its highest in four decades.
On top of this, most of the other remaining Trump-era protections, including the eviction moratorium, child tax credit and federal jobless aid have been eliminated, leaving those in debt more financially exposed than in 2020.
One post, simply stating, “My student loan payments will not be resuming after January 31 because I’m not going to pay them” on the r/antiwork subreddit of the popular social media platform Reddit, received 40,000 up-votes and thousands of posts expressing mass opposition to the restarting of loan payments.
One user responded to the post saying, “Same here. Me and my boyfriend are living paycheck to paycheck and it just feels so draining.”
Another response pointed to the obvious contradiction between the massive government bailouts of the financial elite and the suffering of millions of students: “It’s ridiculous we can bail out other countries and air lines and shit corporations but we just leave most people in huge debt. The colleges are rich enough, it needs to change.”
A remarkable number of users weighed the idea of moving to another country to evade loan payment.
Another commenter explained the limitations of the income-based repayments (IBR): “Income-based payments don’t help a lot of people because of how they calculate it. The federal poverty line is ridiculously low, and they haven’t properly adjusted it in years, so nearly everyone is paying more than they can afford—especially with inflation as bad as it is right now.”
Speaking to the wider poverty experienced by millions of young people, one user noted that they made $13 an hour working fast-food and could not keep up with their $90 monthly payments after other bills. The same user was making too much money to be accepted for food stamps despite “living off of ramen noodles and powdered lemonade the last couple days before each pay period.”
Many will be forced to choose between making medical payments, rent payments, food, utility and other necessary payments, and loan payments.
“This is how you know the true meaning of Covid. No student loans were forgiven no mortgages no Children’s school lunches. Literally nobody got a break or a help unless they were already rich. The elite benefited and got mad rich during Covid while shutting down every mom and pop and small time joint. This is the truth we must fight. The rich are our true enemy.”
Speaking to the widespread political disillusionment being produced by the restarting of loan payments, one student stated, “I’ve always just kept calling and deferring, waiting for a Bernie Sanders-esque hero to come and save us all from student debt lol. I take a couple classes whenever they say I will have to start paying, and that stops me from having to pay, and I get to learn stuff. Love that Joe PROMISED us he’d do something and then proceeded to be like lol jk … I was furious in that moment. Not that I trust politicians, Trump or Biden especially, but ... wow.”
Matt, a UC Berkeley graduate, told the WSWS, “I’m almost $30 thousand in debt and when Biden was elected I was ecstatic. I don’t agree with a lot of his positions but his promises to forgive student loan debt led me to believe I wouldn’t have this burden hanging over me. Now that the deferment on student loan payments is ending, I don’t know how I’ll be able to keep up with them. I work full time but I still am often paycheck to paycheck, and I’m concerned that my only options will be to default on my loans or keep deferring them and accumulate interest I won’t be able to pay.”
The government goes to great lengths to collect student debt, even withholding students’ degrees until payment is received. In addition, the official website on loan repayments threatens debtors with court charges, collection fees, attorney fees, and “other costs” if a debtor is in default. A young person who defaults on their loans also runs the risk of destroying their credit score, preventing those with outstanding debts from taking loans for cars, houses and other necessities. Defaulting also causes the entire unpaid balance and any interest owed to become immediately due, while losing eligibility for additional federal student aid.
A default, which takes place 270 days after a payment is due, can result in the garnishing of borrowers’ wages, Social Security checks, federal tax refunds and even disability benefits.
According to educationdata.org, as of July, 11.2 percent of adults with student loan debt reported being unable to make at least one payment that year-to-date, with 9 percent of students attending public institutions in 2020 being behind on loans. Twenty-three percent of borrowers with outstanding education debt have a credit card balance as well. With the restarting of loan payments, those who were already behind will be plunged further into debt, while many already on the brink will join the category.
The promises of reform by the Democrats have turned out to be utterly fraudulent, from the failure of Biden’s “Build Back Better” bill, which was gutted and ultimately killed, to the campaign promises of raising the minimum wage, free college and erasing student debt, and finally with the reinstatement of loan payments. Higher education is being made more and more a privilege afforded only to the upper class as workers and the poor are more and more priced out of it.
Wharton Study: Bidenflation Will Cost Families $3,500 This Year, Low-Incomes Hardest Hit
Bidenflation will cost families an additional $3,500 this year, impacting low-income families the hardest, a study released Wednesday showed.
According to the University of Pennsylvania’s Wharton School’s budget model, Americans on average will have to spend $3,500 more in 2021 to sustain their consumption of years past in 2019 and 2020.
The study also suggests low-income families will be disproportionally impacted. The study estimated lower-income families will have to spend seven percent more money to maintain their previous consumption patterns, while higher-income families will only have to spend six percent more.
“Lower-income groups spent relatively more on food, energy, and shelter, while higher-income groups spent relatively more on other commodities and services,” the study states.
Across the consumption basket of income groups, the bottom 20 percent of families saw the price of their consumption increase 6.8 percent, or $2,120.
The top five percent of income-earning families will only experience a 6.1 percent ($7,636) increase in consumption.
Meanwhile, the top five percent of income-earning families will only experience a 6.1 percent ($7,636) increase in consumption.
“Since higher-income groups had a bigger increase in expenditures in all categories, they also saw a bigger increase in total expenditure,” the study read. “However, because of variation in the composition of consumption bundles, we find that higher-income households had smaller percentage increases in their total expenditure.”
The Penn Wharton study comes after Bidenflation has reached a 40 year-high, increasing 6.8 percent from 2020. The cost of energy, food, housing, transpiration, vehicles, clothing, and hotels have all increased under President Biden.
Yet Americans do not have faith Biden will squash inflation. A Monday poll revealed 53 percent of Americans believe the economy, due to inflation, is becoming worse, while only 15 percent believe Biden is improving the economy:
Income doesn’t change the perception of inflation. Americans earning less than $50,000 were just as likely to say inflation is a very serious problem as those earning between $50,000 and $100,000 or those earning more than $100,000.
A Sunday poll showed a majority (56 percent) of voters do not think Biden is concerned about American families incurring massive price increases. The numbers among just Democrats are no more favorable. Only 48 percent of Democrats believe Biden is concerned about inflation.
Follow Wendell Husebø on Twitter @WendellHusebø
No comments:
Post a Comment