A few days ago, Homeland Security Secretary Alejandro Mayorkas, speaking to the global elites at some summit in Aspen, surreally declared that the U.S. border "is secure ."
It was garbage, much as everything else he says, given that more than 3 million illegal aliens with zero vetting have crossed into the U.S. on Joe Biden's watch. just as Rep. Andy Biggs pointed out in his excellent op-ed for Townhall here .
Millions of illegal border crossers, with a record 270,000 apprehended in just the last month, is nothing to brag about, and yet that was exactly what Mayorkas was doing, according to former ICE acting director Tom Homan .
Fox News Digital asked Border Patrol agents on the ground what they thought of the Mayorkas declaration -- and got this :
"Hundreds of thousands crossing every month is not the definition of secure," one agent said. "They are liars and anyone who believes them are fools."
But perhaps even worse is that some 500,000 got in without any apprehension. The figures are now out on the "gotaways," who are the illegal border crossers who don't turn themselves into the Border Patrol for the "processing" and freebies that follow.
According to the New York Post :
More than 500,000 known “gotaway” immigrants have crossed the border into the US but evaded capture since the start of FY 2022, according to a new report.
Multiple senior Department of Homeland Security sources confirmed the number to Fox News on Monday, revealing that there has been an average of more than 55,000 known “gotaways” per month.
“Gotaways” is a commonly used term for illegal immigrants who have been spotted crossing the border by agents or on camera but were not caught or processed by officials.
With less than three months left in the fiscal year, 2022 has already seen a massive increase in the “gotaway” from the previous year after DHS Secretary Alejandro Mayorkas testified in April that there had been more than 389,000 immigrants who evaded arrest in FY 2021.
Five hundred thousand people entering in this country with no record of their presence whatsover is clearly a border out of control, an insecure border, and a very dangerous state of affairs. The Post notes that when combined with the figures from last year, also during Mayorkas's and Biden's regimen, the figure comes to 900,000.
Nine hundred thousand is equivalent of two Minneapolises, or a Portland and New Orleans.
270,000, which is the number that rolled in last month, is a city the same size as Orlando.
Three million, which is the total, is a Chicago, or two Philadelphias.
The figures are phenomenal.
And for obvious reasons, they are very disturbing.
After all, illegal migrants have been incentivized by the Biden administration to turn themselves into the Border Patrol in order to make fake claims of "asylum." It's a can't lose for them -- starting with the ongoing catch-and-release policy, even for illegal migrants coughing with COVID and refusing the COVID vaccine. After that, they get automatic authorization to work in the U.S. for the duration of their asylum claims wending through the system, at a pace of years, and once ordered deported, won't be deported, owing to having been here for too long, and not being "a priority" for enforcement.
The Washington Examiner has a leaked video about what really goes on at the border;
That's just the skeleton stuff, for many illegal border crossers, the fat is even better, with free housing, free stipends as 'refugees,' free health care, free education, free defense attorneys, fee-free asylum applications, free food, free transit without the burden of I.D.s, and a raft of other goodies.
Now consider that having been offered that, plus no practical worries about deportation -- and think about the disturbing fact that 500,000 illegal border crossers have chosen to turn that down, in favor of simply getting into the country for whatever purpose. Who does that?
Obviously, it's people who might be deported because of criminal histories, or people who are actively engaged in commiting criminal acts, such as the transport of illegal and lethal drugs from China such as fentanyl. President Trump in his rally to supporters in Arizona over the weekend noted that many countries were now emptying their jails and directing their criminals to head to the states. There are gang members, murderers, rapists, child molestors, thieves, and every variety of human plague coming to where their best opportunities are in the states. I spoke with radio host Jeff Biggs yesterday at Houston's top drive-time radio station, KTRH, and I recall that he noted that 1,300 criminals were identified in recent sweeps in the battered Rio Grande Valley alone, a figure I found shocking. 1,300 is a very large room full of criminals.
Many, of course, are from Latin America and other high-crime places, so effectively, we are importing Latin America's pervasive crime problem, where women dare not wear jewels in public, housing communities have tall walls and security guards, fancy watches are a no-no, kidnappings from cars after nails are thrown into the road to disable them are common, purses are placed in trunks before driving in cabs to prevent snatch-and-grab theft, ATMs on the street are major risks for criminal card readers, and bulletproof cars are a way of life, to name just a few random adjustments to be made for living in Latin America. You can find all of that in places like Mexico, Ecuador, Peru, Argentina, Brazil, Venezuela, Colombia, Guatemala, Honduras, El Salvador -- where many of these illegal migrants are coming from. I know about these things, having experienced them firsthand in the region.
But worse still, as Biggs notes, some are actual terrorists have been found among the apprehended .
The number of individuals encountered on the terrorist watchlist set in Fiscal Year 2021 has already been shattered by multiples in Fiscal Year 2022.
How likely are such people to have been among the gotaways?
When you have an open border, not everyone decides to come for the government benefits -- some people find it even more lucrative to prey on others completely off the government's radar. With an open border, all kinds can come, it's not just future Democrat voters coming to assimilate into the underclass. With 'gotaway; figures like these, it's pretty clear that criminals are taking, for them, the Biden opportunity of a lifetime. Who pays? We pay. And who lies about it, telling us that this is 'secure'? Alejandro Mayorkas.
Image: Screen shot from Fox News video, via YouTube
New York Democrat Eric Adams: Get ‘On Board’ with Illegal Immigration ‘Influx’ in Schools, Hospitals, Neighborhoods Alexi Rosenfeld/Qian Weizhong/VCG via Getty Images 5:00
New York City, New York, Mayor Eric Adams (D) says New Yorkers must be “on board” with having their schools, hospitals, and neighborhoods burdened by an “influx” of illegal immigration to the region as a result of President Joe Biden’s policies.
During a press conference this week, Adams warned the city’s nearly 8.4 million residents — who remain some of the most tax-burdened people in the United States — to be prepared to have their schools, hospitals, roads, and neighborhoods inundated with border crossers and illegal aliens who are arriving by the tens of thousands every month.
“Number one, this is an opportunity for New Yorkers to move away from ‘Not In My Backyard.’ We all must share the crisis,” Adams said. “Our approach has been to divide up the homeless issue even prior to the asylum seekers by councilmanic districts.”
“Now with this influx of people seeking asylum and support, now we have to go beyond that,” Adams continued. “We’re looking at the potential for emergency shelters in hotels and other facilities … if there was ever an all-hands-on-deck moment, this is it … our system was inundated with those who were seeking shelter because of the callousness of those other states that were pushing them out.”
VIDEO
Adams warned that “everyone’s” neighborhood in New York City will be burdened by the waves of border crossers and illegal aliens being released every day into the U.S. interior. New Yorkers, Adams said, must accept that reality:
We’re here, we’re receiving them and everyone is going to have to be on board. And we can’t have the historical “I believe people should be housed but just don’t house them on my block.” Everyone’s block is going to be impacted by this. And so we have to add our advocacy with our ability to help our neighbors. We need everyone on board with this . [Emphasis added]
As I said last week, our schools are going to be impacted, our healthcare system is going to be impacted, our infrastructure is going to be impacted … we’re going to need all New Yorkers to be with us on this. [Emphasis added]
Already, New Yorkers must deal with the nation’s highest population densities for a major American city. The city houses nearly 30,000 residents per square mile. The density has translated to a lack of public resources for residents.
Just last year, parents in New York City protested as their public schools became overcrowded with class sizes exceeding 30 schoolchildren per teacher.
At the same time, the city’s “sanctuary city” policy that shields illegal aliens from arrest and deportation, along with other incentives for jobs, lax immigration enforcement, and one of the highest illegal alien populations, has helped skyrocket rents for New Yorkers as more competition in the housing market drives up costs.
The New York Times reported in May:
In New York City, roughly one-third of renters are “severely rent-burdened,” meaning they spend more than 50 percent of their income on rent , according to a survey of the city’s housing stock issued last week. [Emphasis added]
…
The city’s affordability crisis has been underscored more than once in recent weeks. A report released this month by the brokerage firm Douglas Elliman showed that rents in some parts of the city are continuing to surge: In Manhattan, for example, the median effective rent in April 2022 was $3,870, more than 38 percent higher than a year before and the highest level ever recorded . [Emphasis added]
The survey of the city’s housing stock underscored a longstanding trend of dwindling affordability: Between 2017 and 2021, New York City lost almost 100,000 units that had rented for less than $1,500 per month, while it added 107,000 units that rent for at least $2,300 per month . [Emphasis added]
Research conducted at the University of Pennsylvania found that “an immigration inflow equal to 1 percent of a city’s population is associated with increases in average rents and housing values of about 1 percent,” which would equate to a massive cost burden for New Yorkers as immigrants make up more than 37 percent of the city’s population.
From February 2021 to May 2022, alone, Biden has released over a million border crossers and illegal aliens into the U.S. interior. This is about twice the population of Wyoming and larger than the population of Austin, Texas.
Likewise, since Biden took office, his Department of Homeland Security (DHS) estimates that nearly 820,000 illegal aliens have successfully crossed into the U.S. via the southern border, undetected by Border Patrol agents.
John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here .
People are falling behind: WSJ Opinion Columnist https://www.youtube.com/watch?v=ng_pppvRnuI
DO YOU REALLY THINK RECESSION IS NOT ALREADY HAPPENING?
A Recession Has Started And So Has the Damage Control
Carney: Forget Recession, This Is the Bidenpression MANDEL NGAN/AFP via Getty Images 6:29
President Joe Biden’s White House desperately does not want Americans to think we are in a recession even if the U.S. economy contracted for two straight quarters this year.
The administration argued over the weekend that a “technical recession” does not count as a real, honest-to-goodness economic recession.
“You don’t see any of the signs now. A recession is a broad-based contraction that affects many sectors of the economy. We just don’t have that,” Treasury Secretary Janet Yellen said on Sunday. “But inflation is way too high. And, you know, the Fed is charged with putting in place policies that will bring inflation down. And I expect them to be successful.”
The U.S. economy shrank at an annual rate of 1.6 percent in the first quarter of this year. On Thursday, the government will release its preliminary estimate for second-quarter growth. Many analysts expect the economy contracted again in the second quarter.
The Atlanta Fed’s real-time GDP tracker, GDPNOW, indicates that data released so far show the economy shrinking 1.6 percent again. The median forecast among economists has the economy growing at a 0.5 percent growth rate, but that may be an out-of-date forecast given the recent flow of worse-than-expected data. Bank of America projects the economy shrank at a 1.5 percent rate.
The belief that two straight quarters of economic contraction means that we are in a recession has a long pedigree, although it is more of a rule-of-thumb guideline than an unwavering threshold. The semi-official arbiter of when a recession begins is a private organization called the National Bureau of Economic Research. It defines a recession as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.”
It’s this definition that the Biden administration is relying on to claim we’re not currently in a recession.
“The technical definition is not two negative quarters,” White House economic adviser Brian Deese said recently. “Technically, the definition is the NBER’s definition.”
So what will the NBER say? Probably nothing for quite a while. Although the NBER called a recession quickly in 2020, it typically is slow to declare that a recession has begun. When it does get around to deciding, the question will be complex. Two quarters is six months, which certainly qualifies as “lasting more than a few months.” The current downturn is spread across the economy , hitting both services and manufacturing, and is visible in real GDP, industrial production, and wholesale-retail sales .
The tricky part is employment. The economy continues to add hundreds of thousands of jobs each month. There are 11.3 million job openings, around one and half times as many as we ever had before the pandemic. Jobless claims have been rising lately, but the latest figures are around what we would expect in an expanding economy. The unemployment rate is 3.6 percent, a level so low that many economists think it is unsustainable.
Can we have a recession with a robust jobs market? Maybe. But it will be unlike any recession we’ve ever had before .
It’s unlikely that the recession began in the first quarter of this year, even though the economy contracted. Most economic indicators were positive in the January through March period. The economy shrank because businesses had overstocked inventory in the traditional 2021 holiday season, and demand for goods from U.S. consumers was so strong—especially compared with the rest of the advanced economies of the world—that our trade deficit soared. Trade and inventories are particularly volatile, and big shifts are not always indicative of the overall direction of the economy.
That said, the broader economy has lost momentum in the second quarter. It’s not unlikely that the NBER will decide to date the start of the recession with the April through June quarter. It seems quite likely that it will decide—maybe sometime next year—that a recession began sometime this year .
However, in a White House blog post , the Biden administration attempted to rule out the idea that we could be in a recession by pointing to a guideline economists call the Sahm Rule:
A widely cited indicator of recessions (the “Sahm rule” named after economist Claudia Sahm) maintains that a recession is likely underway when the three-month moving average of the unemployment rate rises by at least half a percentage point (50 basis points) relative to its lowest point in the previous 12 months. The fact that the Sahm indicator is 0, far below its 50 basis-point threshold, provides yet another indication that the economic expansion is ongoing.
Sahm is a brilliant economist whose ideas helped America respond to the pandemic in a way that made the U.S. economy much more resilient than many of our peers. The Biden administration, however, is misusing the “Sahm rule” here. Sahm said so herself in a tweet yesterday:
Although the Sahm rule is sometimes referred to as the Sahm Rule Recession Indicator it is better thought of as a real-time signal for when the government should step in to provide direct economic aid to households in the event of rising unemployment. This may be a heuristic for recessions but it is not a bright line rule.
Sahm hits on another important point here. The debate over whether we are in a recession is absurd . Very often when the establishment media or ruling party want the public to stop paying attention to something they decide to direct the conversation toward arguments about the technical definitions of terms or the processes for evaluation. The hope is that everything gets so boring or complicated that everyone will stop paying attention.
That’s not going to work this time because it is painfully obvious that the economy is not doing well—even if the NBER eggheads haven’t declared a recession yet. Consumer sentiment is near record lows. Inflation is at four-decade highs. Wages cannot keep up with rising prices . The Federal Reserve has found itself behind the curve and struggling to play catch up by raising interest rates at a record pace. Business optimism has crashed .
There are plenty of jobs but not a lot of hope or happiness. Whether this is a recession or not is literally an academic question. Maybe we should just call it a Bidenpression.
Boots on the Ground...July 25th...I am tracking 25% inflation...Do not believe Biden's numbers.
20 Depressing Facts About The Housing Crash That Never Seems To End
The U.S. Housing Market Crash 2.0 has just begun – but the bad news never seems to end. Home prices today are the most expensive they've ever been, and many of those who would like to buy a home are finding it impossible to enter the market. In fact, according to a recent analysis, more than half of Americans have been completely priced out of the market at this point. Even affluent investors and big landlords are facing affodability issues as mortgage rates continue to soar. Meanwhile, home builders are suffering with rising construction costs and a declining number of contracts. Consequently, home sales are slowing down, price cuts are surging, mortgage applications are dropping, and the number of foreclosures is going through the roof. Sadly, there are a whole lot of indications that the housing market crash is going to get even worse in the months ahead.
Home prices have become so out-of-touch with reality that even some of America’s largest landlords started reducing home buying, according to Bloomberg. KKR & Co.'s My Community Homes, American Homes 4 Rent, Amherst Holdings, and other institutional buyers have slashed buying activity by more than 50%. Mynd Management, a real estate platform that helps investors find, buy, lease, manage, and sell residential investment properties, has advised institutional clients to dial back acquisitions and wait for housing prices to readjust to the interest rate shock. So if even institutional buyers who have millions of dollars at their disposal have paused buying due to affordability issues, how far will housing prices go before they finally fall?
In a separate report, Redfin researchers found that as recession rumors gain force, wealthy Americans are rushing to sell their luxury properties. However, sales of luxury homes, defined as those in the top 5 percent in price in a given area, collapsed by 18% over the past month, going down at an even faster rate than non-luxury home sales. On the other hand, housing affordability is set to worsen to levels last seen early in the financial crisis as rising mortgage rates compound high prices, a new S&P Global Ratings report has warned. “By the end of this year, mortgage payments will make up 28% of income for the typical first-time buyer -- the highest since the first quarter of 2007 -- assuming a 10% down payment,” S&P North American Chief Economist Beth Ann Bovino said in the report. Mortgages shouldn’t exceed 25% of income to be considered affordable, according to the guidelines of the National Association of Realtors.
The U.S. real estate industry is facing one disappointment after the other, and conditions will continue to deteriorate as the Federal Reserve hikes interest rates even more aggressively to contain inflation. We've been warned that a housing bubble burst would occur and that a day of reckoning would arrive. Now, it is here. And what we've seen so far is just the beginning. Another financial disaster is looming in the horizon, and it's only a matter of time before everything starts to crumble. For that reason, today, we compiled some alarming statistics everyone should know.
For more info, find us on: https://www.epiceconomist.com/
And visit: http://theeconomiccollapseblog.com/
White House Redefining Recession, Standard Indicator Will Be Ignored for a 'Holistic' View By Jack Davis July 24, 2022 at 1:23pm With The Washington Post blaring that “Big Tech is bracing for a possible recession,” the Biden White House is redefining the word.
A recession is traditionally defined as two consecutive quarters in which the nation’s Gross Domestic Product shrinks. A new report Thursday will assess the results of the second quarter. Shrinkage took place in the first quarter, and with inflation running at 9.1 percent, there’s not a lot of hope for economic good news.
As noted by Business Insider , economists Bloomberg surveyed believe growth will be a paltry 0.9 percent, but the Federal Reserve Bank of Atlanta’s GDPNow model pegs shrinkage at 1.6 percent.
“The big headwinds for consumers are price inflation and higher interest rates. And inflation could erode the excess savings consumers accumulated through the pandemic, especially if price increases continue to run ahead of wage growth,” Capital One CEO Richard Fairbank said Thursday, according to CNN .
“We’re seeing an increase in bad debt to slightly higher than pre-pandemic levels as well as extended cash collection cycles,” AT&T CEO John Stankey said the same day.
But consumer pain does not make a recession , according to a White House handout ,
“What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the state of the business cycle. Instead, both official determinations of recessions and economists’ assessment of economic activity are based on a holistic look at the data,” the handout said, listing labor market, consumer and business spending, industrial production and income data will all be mined.
Did President Joe Biden ruin America's economy?
The White then offered a prediction: “Based on these data, it is unlikely that the decline in GDP in the first quarter of this year — even if followed by another GDP decline in the second quarter — indicates a recession.”
Despite the growing mountain of gloomy economic forecasts, the handout said, “Recession probabilities are never zero, but trends in the data through the first half of this year used to determine a recession are not indicating a downturn.”
In fact, it said, “There is a good chance that the strength of the labor market and of consumer balance sheets help the economy transition from the rapid growth of the last year to steadier and more stable growth.”
Former Treasury Secretary Lawrence Summers was not as chipper . In a Sunday interview, he called chances of coming out of the battle against inflation without a scarred economy “very unlikely,” according to Bloomberg .
“There’s a very high likelihood of recession when we’ve been in this kind of situation before,” he said.
“Recession has essentially always followed when inflation has been high and our employment has been low,” he said.
Summers said new policies are needed.
“There’s a lot we can do to contain or control inflation,” he said. “But if we continue with the kind of ostrich policies we had in 2021, there’s going to be much, much more pain later.”
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