Showing posts with label cloward-piven. Show all posts
Showing posts with label cloward-piven. Show all posts

Tuesday, February 16, 2016

SYRIAN REFUGEES ADMITTED TO US SINCE PARIS ATTACK: 602 MUSLIMS, 2 CHRISTIANS

Patrick Goodenough | CNS News - FEBRUARY 16, 2016

IMAGE CREDITS: FLICKR, SYRIAFREEDOM.



The government has admitted 605 Syrian refugees for resettlement in the United States since last November’s Paris terrorist attack, two of whom are Christians.


The rest are 589 Sunni Muslims, 10 Shia Muslims, three other Muslims, and one refugee identified in State Department Refugee Processing Center data as “other religion.”

At the same time, the proportion of Christians among the total cohort of Syrian refugees admitted into the U.S. since the conflict began five years ago has now dropped below two percent.

Just 55 Christians (1.9 percent) are among the 2,769 Syrian refugees admitted since March 2011, while a large majority – 2,594 (93.6 percent) – has been Sunni Muslims.

Christians accounted for about 10 percent of Syria’s population when the civil war began and Sunni Muslims for an estimated 74 percent.

Christians and other non-Muslim minorities have been targeted specifically by ISIS and other radical groups, and monitoring group estimate that more than 700,000 Christians have fled Syria since then.

Other non-Muslims among the Syrian refugees admitted to the U.S. since the war began include small numbers of Baha’i (2), Yazidis (1), Jehovah’s Witnesses (8), Zoroastrians (6), atheists (3) and Syrians who have self-identified as having no religion (7).

The administration has rejected calls by some Republican lawmakers, andsome GOP presidential candidates, for Syrian Christians to be prioritized in the refugee admission process.

The ISIS terrorist attack in Paris on November 13 fueled concerns that the terrorist group was exploiting the flow of refugees and migrants as cover to send jihadists into the West to carry out attacks.

French authorities said two of the attackers had been carrying fake Syrian passports and warned European Union partners that “some terrorists are trying to get into our countries and commit criminal acts by mixing in with the flow of migrants and refugees.”

Last Tuesday, Director of National Intelligence James Clapper affirmed during a Senate Armed Services Committee hearing that ISIS has done so.

“Isn’t it already proven that Mr. Baghdadi is sending people with this flow of refugees that are terrorists that – in order to inflict further attacks on Europe and the United States?” Sen. John McCain (R-Ariz.) asked him, referring to ISIS leader Abu Bakr al-Baghdadi.

“That’s correct,” Clapper replied. “That’s one technique they’ve used is taking advantage of the torrent of migrants to insert operatives into that flow.”

In addition, he continued, ISIS has become “pretty skilled at [producing] phony passports, so they can travel ostensibly as legitimate travelers as well.”

In December, House Homeland Security Committee chairman Rep. Michael McCaul (R-Texas) said the U.S. intelligence community “has identified already individuals tied to terrorist organizations in Syria that want to exploit and get into the United States through the refugee process.”

Tuesday, February 9, 2016

California grants driver's licenses to 605,000 undocumented

Yahoo News | February 9, 2016

(AFP Photo/David McNew)


Los Angeles (AFP) - Some 605,000 undocumented immigrants who live in California were granted driver's licenses in 2015, the first year they have been able to enjoy that benefit, officials said Monday.


The law known as AB60 took effect on January 2, 2015. The California Department of Motor Vehicles (DMV) expects a total of about 1.4 million people will get their license under the law by late 2017.

Governor Jerry Brown, a Democrat, signed the law in October 2013 to give a legal document to the 2.5 million undocumented immigrants in California alone -- most from Latin America and particularly neighboring Mexico.

California officials believe the program -- which does not give license holders any US federal benefits -- does make roads in the most populous US state safer, several state sources said.

It does not allow license holders, for example, the right to fly on airplanes inside the United States, nor does it give anyone legal residency status, the right to work or to seek a US passport.

But among the upsides are that California drivers with the document can drive legally across the entire vast United States, without being fined or facing fear of having their vehicle impounded.

"If you can approve policies that integrate immigrants, I think it's a win-win for all people in a big state like California," said Luis Alejo, a California Assembly Member and author of the bill.

A total of 12 of the 50 US states plus the federal capital Washington have similar driver's license laws for undocumented immigrants.

Friday, February 5, 2016

OBAMA SETTING UP AN INVASION HAVEN

Jon Bowne | Infowars | FEBRUARY 5, 2016





Recently, Obama stirred the pot of intolerance at a Baltimore Mosque.

The Obama administration would have us all believe his speech is a needed effort to assure Muslim Americans that they will not be subjected to bigotry, while he shepherds in Syrian refugees into small towns to fuel sharia no go areas akin to the rape and murder invasion being waged on Europe.

Thursday, February 4, 2016

Obama Urges Congress to Approve TPP ‘This Year’; Leading Presidential Candidates Oppose It

CNS News | By Patrick Goodenough | February 4, 2016 | 4:17 AM EST


After trade ministers from the U.S. and 11 other countries on either side of the Pacific on Thursday signed one of the biggest trade deals in history, President Obama called on Republicans and Democrats to approve it “this year.”


Obama said in a statement he would “continue working with Democrats and Republicans in Congress to enact it [the Trans-Pacific Partnership] into law as soon as possible so our economy can immediately start benefiting from the tens of billions of dollars in new export opportunities.”

“We should get TPP done this year and give more American workers the shot at success they deserve and help more American businesses compete and win around the world,” he said.

Obama clearly has the November election in mind: Leading candidates in both parties oppose the TPP while the deal has supporters and critics on both sides of the aisle in Congress.

America’s 11 partners in the TPP, which has been under negotiation for five years, are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. All 12 countries must now ratify it.

At the signing ceremony in Auckland, New Zealand, U.S. Trade Representative Michael Froman expressed confidence that Congress would approve the deal.

“We are working with members of Congress, working with the leadership of Congress, educating everybody as to what’s in the agreement, addressing their questions and concerns,” he said.

“And I’m confident that at the end of the day, because of the strong benefits to the U.S. economy – which have been estimated to be over $130 billion a year in GDP growth, as well as more than $350 billion in additional exports – that members of Congress will see the benefits for their constituents and we’ll have the necessary bipartisan support to be approved,” Froman said.


Democratic primary frontrunner Hillary Clinton moved from backing the TPP while secretary of state – saying in 2012 that it set “the gold standard in trade agreements” – to rejecting it last July.

Her socialist opponent, Sen. Bernie Sanders of Vermont, pledged last October to “lead the effort to defeat” the TPP.

Republican frontrunner Donald Trump has called the TPP “a horrible deal,”charging during a Fox Business Network debate last November that it was “designed for China to come in, as they always do, through the back door and totally take advantage of everyone.”

(Sen. Rand Paul accused Trump of mistakenly saying China was a TPP member although Trump did not exactly do so; TPP critics have warned that China may later join the original 12 members. Nonetheless, Politifact ratedTrump’s statement untrue.)

Among the other GOP candidates, former Florida Gov. Jeb Bush has been most supportive of the trade deal.

Sen. Marco Rubio of Florida voted last June in favor of Trade Promotion Authority (TPA), giving the president “fast track” authority to negotiate agreements like the TPP. Later in the year he declared himself “generally very much in favor of free trade” but said he would need to understand the details of the TPP “before we can commit to voting for something. But generally, it’s very positive.”

Sen. Ted Cruz of Texas voted against the TPA. After not taking a position in favor or against the TPP for months, he said in Iowa in November that he would vote against the trade pact.

Among others in the GOP pack, the TPP has the support of neurosurgeonBen Carson (“with reservations”) and of Ohio Gov. John Kasich, who has called it “critical.”

Former Hewlett-Packard CEO Carly Fiorina last June voiced skepticism about the TPP, and also cited concerns that China could join later.

New Jersey Gov. Chris Christie is on the record as saying he generally believes in free trade but that he has “real concerns about this president’s ability to negotiate anything that represents a great deal for America.”

Wells Fargo Insider Says Bank Is Preparing For Emergency Scenario

Investment Watch | by Sean Adl-Tabatabai | February 4, 2016




A Wells Fargo bank insider, who claims to be a teller, has said that the bank are training their staff to deal with an imminent “emergency scenario”.


The insider reports:

I am a teller at Wells Fargo here in the US this is also my first time using this proxy.

They started training us today for a bank holiday. They didnt mention the word bank holiday, but they did train us for an “emergency scenario”. They told us it’s just a drill. Ive been working here for 3 years, and we never had a drill before..

They said that during an emergency, they would close the doors and only allow 3 people at a time inside of the branch. Also, my branch manager said that we would have armed guards during the emergency.

The last thing they mentioned is that they wont store alot of cash in the vault, since it will be a safety issue….

just wanted to share this with you guys.

Superstation95.com reports:

A call by SuperStation95 to Wells Fargo Corporate Headquarters in San Francisco to verify these claims was met with a terse “no comment.”

Interpretation


If taken at face value and believed, why would Wells Fargo be doing this? What “emergency” could take place that might cause people to swarm to a bank in such numbers that they would have to lock the bank and only allow three customers in at a time?

A bank collapse? An economic collapse? a Currency collapse?

None of these things would be good and if the claims above are true, it is a dangerous signal to the rest of us to get some money out to tie-us-over for a month or so in the event everything shuts down.

In a banking emergency, CREDIT AND DEBIT CARDS WILL NOT WORK. ATM’s will not work. Banks will be closed so that you cannot even enter your own safe deposit box.

Do you have enough cash money on-hand to get through for a couple weeks operating solely on cash? If not, you’d better get that taken care of — fast.

We’re not even talking about making payments on your debts during that time, but rather only using the cash to get food, fuel and such to live! Could you make-it for a month without access to any financial tools or bank cash?

Do you have spare food in the house if stores stop taking credit cards- or the cards don’t work? How will you eat if everything remains cash-only for a month?

These are legitimate questions you should be asking yourself right now. Time may be very short. An economic collapse would take place with lightning speed and by the time you realize what’s happening, people will already be storming the banks and supermarkets trying to stock-up. Waiting until it actually happens is waiting too long; you’ll be too late.

A word to the wise: Prepare.


Border agent: 'We might as well abolish our immigration laws altogether'

Washington Examiner | By PAUL BEDARD (@SECRETSBEDARD) | 2/4/16 10:40 AM


(AP Photo/Russell Contreras)



In a shocking reversal of policy, U.S. Customs and Border Protection agents are being told to release illegal immigrants and no longer order them to appear at deportation hearings, essentially a license to stay in the United States, a key agent testified Thursday.


What's more, the stand down order includes a requirement that the whereabouts of illegals released are not to be tracked.

"We might as well abolish our immigration laws altogether,"suggested agent Brandon Judd, president of the National Border Patrol Council.

Testifying on the two-year border surge of immigrant youths, Judd said the policy shift was prompted by Obama administration "embarrassment" that just over half of illegals ordered to appear in court actually do.

"The willful failure to show up for court appearances by persons that were arrested and released by the Border Patrol has become an extreme embarrassment for the Department of Homeland Security. It has been so embarrassing that DHS and the U.S. Attorney's office has come up with a new policy," he testified before the immigration subcommittee of the House Judiciary Committee.

The biggest change: Undocumented immigrants are no longer given a "notice to appear" order, because they simply ignore them. Judd said that Border agents jokingly refer to the NTAs as "notices to disappear."

He said the the new policy "makes mandatory the release, without an NTA, of any person arrested by the Border Patrol for being in the country illegally, as long as they do not have a previous felony arrest conviction and as long as they claim to have been continuously in the United States since January of 2014. The operative word in this policy is 'claim.' The policy does not require the person to prove they have been here which is the same burden placed on them during deportation proceedings. Instead, it simply requires them to claim to have been here since January of 2014."

But even then, he added, the agency has been told not to track the illegals.

"Not only do we release these individuals that by law are subject to removal proceedings, we do it without any means of tracking their whereabouts. Agents believe this exploitable policy was set in place because DHS was embarrassed at the sheer number of those who choose not to follow the law by showing up for their court appearances. In essence, we pull these persons out of the shadows and into the light just to release them right back to those same shadows from whence they came," he said.

The go free policy, he said, has prompted thousands of Latinos to cross the border, and among them are hundreds of criminal foot soldiers, according to other testimony.

"Immigration laws today appear to be mere suggestions. There are little or no consequences for

breaking the laws and that fact is well known in other countries. If government agencies like

DHS or CBP are allowed to bypass Congress by legislating through policy, we might as well abolish our immigration laws altogether," Judd concluded.

Paul Bedard, the Washington Examiner's "Washington Secrets" columnist, can be contacted at pbedard@washingtonexaminer.com.

Border Surge: Apprehensions Decline with 23,767 Illegals Caught at Border Last Month

Breitbart | by CAROLINE MAY | 3 Feb 2016


Eduardo Verdugo/AP

While the level of border apprehensions of unaccompanied minors and adults traveling with children this fiscal year has dwarfed years past, the month of January saw fewer migrants detained illegally entering the U.S. than months prior.


In January, Customs and Border Patrol apprehended 3,113 unaccompanied minors and 3,145 adults with children, according to new Customs and Border Protection data. There were 23,767 overall apprehensions at the border.

The level of apprehensions represents a decline compared to earlier months. Total apprehensions were down nearly a third compared to December and apprehensions of unaccompanied minors and so-called family units dropped by more than 50 percent.

Department of Homeland Security Sec. Jeh Johnson highlighted the new numbers as representing a decline in attempts to illegally cross the U.S.-Mexico border. The decline in apprehensions follows last month’s DHS enforcement actions to remove 121 illegal immigrant family units in the U.S. who crossed the border illegally after May 2014 and had been issued final orders of removal.

The DHS secretary indicated such immigration enforcement actions — though minor compared to the hundreds of thousands of illegal immigrant arrivals since 2014 — would continue.

“While the one-month decline in January is encouraging, this does not mean we can dial back our border security efforts. Recent enforcement actions, which focus on those apprehended at the border on or after January 1, 2014, will continue,” Johnson said in a statement.

While minor compared to the overall number of illegal immigrants who remain in the U.S., immigration activists and Democrats have decried the enforcement actions, claiming the largely Central American migrants who have illegally immigrated to the U.S. deserve protection.

Johnson acknowledged those concerns, saying that DHS would ignore large swaths of illegal immigrants who are in the U.S. and only take action against those who recently arrived and have committed serious crimes.

“Our borders are not open to illegal migration. If someone was apprehended at the border, has been ordered deported by an immigration court, has no pending appeal, and does not qualify for asylum or other relief from removal under our laws, he or she must be sent home. We must enforce the law in accordance with our enforcement priorities,” he said.

While there was a decline in apprehensions last month, the level of illegal immigration so far this fiscal year — which began on October 1, 2015 — is 102 percent higher than the level recorded last year for unaccompanied minors, with 20,455 apprehensions, and 171 percent higher for family units with 124,616 apprehensions.

Democrats have argued that violence in Central America is fueling the migration north. Republicans point to the Obama administration’s amnesty programs and lax enforcement polices as enticements for illegal immigration.

Wednesday, February 3, 2016

Why Bernie Sanders Has to Raise Taxes on the Middle Class

Daniel Bier | The Foundation for Economic Education | FEBRUARY 3, 2016


IMAGE CREDITS: WIKIMEDIA COMMONS.


Willie Sutton was one of the most infamous bank robbers in American history. Over three decades, the dashing criminal robbed a hundred banks, escaped three prisons, and made off with millions. Today, he is best known for Sutton’s Law: Asked by a reporter why he robbed banks, Sutton allegedly quipped, “Because that’s where the money is.”


Sutton’s Law explains something unusual about Bernie Sander’s tax plan: it calls for massive tax hikes across the board. Why raise taxes on the middle class? Because that’s where the money is.

The problem all politicians face is that voters love to get stuff, but they hate to pay for it. The traditional solution that center-left politicians pitch is the idea that the poor and middle class will get the benefits, and the rich will pay for it.

This is approximately how things work in the United States. The top 1 percent of taxpayers earn 19 percent of total income and pay 38 percent of federal income taxes. The bottom 50 percent earn 12 percent and pay 3 percent. This chart from the Heritage Foundation shows net taxes paid and benefits received, per person, by household income group:


But Sanders’ proposals (free college, free health care, jobs programs, more Social Security, etc.) are way too heavy for the rich alone to carry, and he knows it. To his credit, his campaign has released a plan to pay for each of these myriad handouts. Vox’s Dylan Matthews has totaled up all the tax increases Sanders has proposed so far, and the picture is simply staggering.

Every household earning below $250,000 will face a tax hike of nearly 9 percent. Past that, rates explode, up to a top rate of 77 percent on incomes over $10 million.



Paying for Free


Sanders argues that most people’s average income tax rate won’t change, but this is only true if you exclude the two major taxes meant to pay for his health care program: a 2.2 percent “premium” tax and 6.2 percent payroll tax, imposed on incomes across the board. These taxes account for majority of the new revenue Sanders is counting on.

But it gets worse: his single-payer health care plan will cost 80 percent more than he claims. Analysis by the left-leaning scholar Kenneth Thorpe (who supports single payer) concludes that Sanders’ proposal will cost $1.1 trillion more each year than he claims. The trillion dollar discrepancy results from some questionable assumptions in Sanders’ numbers. For instance:

Sanders assumes $324 billion more per year in prescription drug savings than Thorpe does. Thorpe argues that this is wildly implausible.
“In 2014 private health plans paid a TOTAL of $132 billion on prescription drugs and nationally we spent $305 billion,” he writes in an email. “With their savings drug spending nationally would be negative.”
So unless pharmaceutical companies start paying you to take their drugs, the Sanders administration will need to increase taxes even more.

Analysis by the Tax Foundation finds that his proposed tax hikes already total $13.6 trillion over the next ten years. However, “the plan would [only] end up collecting $9.8 trillion over the next decade when accounting for decreased economic output.”

And the consequences will be truly devastating. Because of the taxes on labor and capital, GDP will be reduced 9.5 percent. Six million jobs will be lost. On average, after-tax incomes will be reduced by more than 18 percent.

Incomes for the bottom 50 percent will be reduced by more than 14 percent, and incomes for the top 1 percent will be reduced nearly 25 percent. Inequality warriors might cheer, but if you want to actually raise revenue, crushing the incomes of the people who pay almost 40 percent of all taxes isn’t the way to go.

These are just the effects of the $1 trillion tax hike he has planned — and he probably needs to double that to pay for single payer. Where will he find it? He’ll go where European welfare states go.

Being Like Scandinavia


Sanders is a great admirer of Scandinavian countries, such as Denmark, Sweden, and Norway, and many of his proposals are modeled on their systems. But to pay for their generous welfare benefits, they tax, and tax, and tax.

Denmark, Norway, and Sweden all capture between 20-26 percent of GDP from income and payroll taxes. By contrast, the United States collects only 15 percent.

Scandinavia’s tax rates themselves are not that much higher than the United States’. Denmark’s top rate is 30 percent higher, Sweden’s is 18 percent higher, and Norway’s is actually 16 percent lower — and yet Norway’s income tax raises 30 percent more revenue than the United States.

The answer lies in how progressive the US tax system is, in the thresholds at which people are hit by the top tax rates. The Tax Foundation explains,
Scandinavian income taxes raise a lot of revenue because they are actually rather flat. In other words, they tax most people at these high rates, not just high-income taxpayers.
The top marginal tax rate of 60 percent in Denmark applies to all income over 1.2 times the average income in Denmark. From the American perspective, this means that all income over $60,000 (1.2 times the average income of about $50,000 in the United States) would be taxed at 60 percent. …
Compare this to the United States. The top marginal tax rate of 46.8 percent (state average and federal combined rates) kicks in at 8.5 times the average U.S. income (around $400,000). Comparatively, few taxpayers in the United States face the top marginal rate.
The reason European states can pay for giant welfare programs is not because they just tax the rich more — it’s because they also scoop up a ton of middle class income. The reason why the United States can’t right now is its long-standing political arrangement to keep taxes high on the rich so they can be low on the poor and middle.


Where the Money Is – And Isn’t


As shown by the Laffer Curve, there is a point at which increasing tax rates actually reduces tax revenue, by discouraging work, hurting the economy, and encouraging tax avoidance.


Bernie’s plan already hammers the rich: households earning over $250,000 (the top 3 percent) would face marginal rates of 62-77 percent — meaning the IRS would take two-thirds to three-quarters of each additional dollar earned. His proposed capital gains taxes are so high that they are likely well past the point of positive returns. The US corporate tax rate of 40 percent is already the highest in the world, and even Sanders hasn’t proposed increasing it.

The only way to solve his revenue problem is to raise rates on the middle and upper-middle classes, or flatten the structure to make the top rates start kicking in much lower. You can see why a “progressive” isn’t keen on making more regressive taxes part of his platform, but the money has to come from somewhere.

The bottom fifty percent don’t pay much income tax now (only $34 billion), but they also don’t earn enough to fill the gap. Making their taxes proportionate to income would only raise $107 billion, without even considering how the higher rates would reduce employment and income.

The top 5 percent are pretty well wrung dry by Sanders’ plan, and their incomes are going to be reduced by 20-25 percent anyway. It’s hard to imagine that there’s much more blood to be had from that stone.

But households between the 50th and the 95th percentile (incomes between $37,000 to $180,000 a year) earn about 54 percent of total income — a share would likely go up, given the larger income reductions expected for top earners. Currently, this group pays only 38 percent of total income taxes, and, despite the 9 percent tax hike, they’re comparatively spared by the original tax plan. Their incomes are now the lowest hanging fruit on the tax tree.

As they go to the polls this year, the middle class should remember Sutton’s Law.

So it begins here: U.S. city 'overrun' with criminal refugees

WND News | LEO HOHMANN | FEBRUARY 3, 2016

IMAGE CREDITS: FLICKR, SYRIAFREEDOM.

More than 120 people braved the snow and ice Monday to rally in front of the Missoula County Courthouse, protesting an effort by the Obama administration and its army of community organizers to plant foreign “refugees” into small cities in western Montana.


One of the speakers was a woman who moved recently to Montana from Amarillo, Texas, which has been inundated with thousands of refugees over the past 15 years.

“Amarillo is overrun with refugees,” said Karen Sherman, who stood and spoke to the crowd amid blowing wind and falling snowflakes. Sherman just moved to Missoula, a college town that serves as home to the University of Montana.

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It’s a far cry from Amarillo, which she described as a city of rampant crime and cracking social fabric, thanks to the heavy influx of refugees sent there by the U.S. State Department in cooperation with the United Nations.

“Our city is failing because of the refugees. We have 22 different languages spoken in our schools. We’ve got 42 languages being fielded by our 9-1-1 call centers, and crime is just through the roof. We need to exercise caution, especially for the sake of our children,” she said.

The protesters carried signs that read, “Christian Refugees 2 Christian Nations, Muslim Refugees 2 Muslim Nations, That’s Only Fair,” and “Refugee Resettlement Means Big $$$ – No Accountability.”

Sherman said Amarillo, a city of just more than 200,000 people, has gang violence that has surpassed that of much larger Texas cities such as Fort Worth. She fears U.S. cities like Amarillo and Minneapolis, Minnesota, could be in line to become the next Rotherham, England, or Cologne, Germany, or Stockholm, Sweden, where mass rapes by Muslim men have gained much attention in Europe.

Touching off a rape epidemic

Amarillo was recently named the fifth most dangerous city in Texas, according to FBI crime statistics, up from sixth last year. And it has been nationally recognized as having one of the highest rates of rape in the nation.

That’s a dubious distinction that Sherman believes is tied to the high number of Muslim refugees shipped there by the U.S. government.

“The rape epidemic in this world is becoming pandemic. It’s not confined to one location. Fifteen years ago in Norway, rape was unheard of. Now it’s an epidemic,” Sherman said. “The perpetrators are 100 percent Muslim males. In Sweden, rape has gone up by 500 percent. Stockholm recently had the dubious honor of opening their very first rape center for men and boys.”

In the northern U.K. city of Rotherham, more than 1,400 children have been beaten, raped and trafficked in a well-documented turn of events that has gone largely unreported in the U.S.

“It was covered up by the local government for fear of being viewed as racist. This only came to light because a journalist decided we needed to know about that, not the government,” she said, referring to the rape scandal that unraveled in England in 2014, when it was revealed by media that gangs of mostly Pakistani men had been sexually assaulting English girls for years while police covered it up for fear of being perceived as “anti-Muslim.”

“You can have female equality, or you can have refugees. You cannot have both,” Sherman said.

Pamela Geller wrote the field manual for activists seeking to protect their community from Islamic supremacy encroachment in “Stop the Islamization of America: A Practical Guide to the Resistance.”

Too late to save Texas?

Texas Gov. Greg Abbot has called for a stop to the influx of refugees, but it’s too late, she said. The program continues unabated because, if even one refugee is present in the U.S., he is entitled under current law to bring in his entire extended family.

“It’s called family reunification,” Sherman said.
Texas' GOP Gov. Greg Abbott has tried to turn off the refugee spigot but it may be too late.
Texas’ GOP Gov. Greg Abbott has tried to turn off the refugee spigot but it may be too late.


She said America, founded on Judeo-Christian principles of tolerance and respect for one’s fellow man, should not expect people from Third World cultures to share those values.

“If people don’t choose to follow the law, you cannot hire enough police officers,” she said.

“Whether you believe (in the Judeo-Christian God) or not, your values and your principles were influenced by that. Now we’re asking that these people come here, who have been taught for thousands of years of violence and hatred, and we’re expecting them to come here and assimilate to our way of life,” Sherman told the crowd gathered in Missoula. “This is a dangerous and foolish expectation.”

Watch video of Karen Sherman describing the life she left behind in Amarillo, Texas.



Amarillo has received 5,251 foreign refugees since January 2002, according to the federal refugee database. That's more than half of the nearly 8,000 refugees sent to Texas during that period.

President Obama has increased the number of foreign refugees bound for American soil in fiscal 2016 to 85,000. That's a 20 percent increase over the previous year, and 10,000 will come from the jihadist hotbed of Syria.

WND reported last week that two groups are working to resettle Syrian refugees in Montana. One group, WorldMontana, is working in Helena and the other, Soft Landing Missoula, is working in Missoula.

Caroline Solomon drove more than 100 miles to Missoula Monday from her home in Big Fork, Montana, to participate in the rally.

"About four people (from her group) didn't make it because of weather, but we think there were about 125 people on our side and about six with signs calling us 'racists,'" she said.

Softening up the soil

Soft Landing Missoula is working with city and county officials to bring Third World refugees to Montana while the state's Act For America chapter and other activists are trying to stop that from happening. Soft Landing, like most of the non-governmental organizations working with the government to plant refugees into U.S. cities, is working with churches and faith-based groups behind the scenes to create an atmosphere that is more "welcoming" of refugees.
David Lubell of Welcoming America works closely with the White House to soften up the soil in cities targeted to receive an influx refugees.
David Lubell of Welcoming America works closely with the White House to soften up the soil in cities targeted to receive an influx Muslim refugees.


Many of the community organizers have received training or consultation from David Lubell's Welcoming America organization, which was started with seed money from billionaire George Soros. Lubell is a close adviser to President Obama's "New Americans" initiative, which seeks to convert millions of refugees and recent immigrants into U.S. citizens with full voting privileges.

The modus operandi used by resettlement agencies usually involves sending a handful of refugees at first and then gradually increasing the influx to hundreds per year.

Mary Poole, who represents Soft Landing, Missoula, told KGVO News Radio that many immigrants have settled in Missoula over the past 30 years. She compared the mostly Middle Eastern migrants from Muslim countries like Syria, Afghanistan and Iraq to the Hmong refugees fleeing communist Vietnam in the late 1970s and early '80s.

"We’ve successfully resettled a Hmong community, as well as Belorussians and Ukrainians, who are now members of our community and part of the fabric of Missoula," Poole told KGVO. "We’re just working on revamping the infrastructure that has already existed here."

But according to the federal database, the state of Montana has not received any refugees since 2008, and only 61 have been sent there since the Sept. 11, 2001, terrorist attacks.

Montana resistance follows backlash in Idaho

Other small towns in the West have similarly struggled to oppose the plans of urban elites to import what they see as the problems of the Third World into their communities.

In Sandpoint, Idaho, City Council members voted last Wednesday to withdraw a resolution supporting refugee resettlement, bringing an end to a heated, month-long debate over whether that was a wise move. It had the full backing of Sandpoint Mayor Shelby Rognstad.

Cheers erupted from the audience when the newly elected Sandpoint mayor capitulated, asking the council to withdraw his resolution from consideration. His resolution was meant to counter statements from county commissioners and the local sheriff opposing the refugees. Rognstad said his resolution was intended to restate Sandpoint's commitments to "human rights."

"This resolution has only served to divide us and this community,” said Rognstad, as he requested the withdrawal. "That saddens me."

But others see the situation in reverse. They see nonprofits and NGOs, often flush with government grant money, coming in and stirring up controversy within their once-peaceful communities.

In Twin Falls, Idaho, Chobani opened the world's largest yogurt factory and gave 30 percent of the 600 jobs to foreign refugees, and the federal government has plans to send 300 more refugees, this time from Syria, to the Twin Falls area. That touched off a backlash from a group called 3 Percent of Idaho, which organized a protest at the Idaho Statehouse in late November that attracted more than 1,000 people from both sides of the issue.

If the past record is any indication, the groups seeking to bring Third World refugees to small town America will not be easily chased off by people with signs.

In fact, the pro-refugee Hebrew Immigrant Aid Society, put together a field manual in 2013 on how to deal with "pockets of resistance" in the American heartland. One of the strategies in that manual is to research the backgrounds of resistors and identify them as "anti-Muslim" racists.

A WND report from May 2015 exposed the HIAS strategy to deride and intimidate any politician or activist who opposes the refuge industry's agenda to change the demographics of a town.

The HIAS report, titled “Resettlement at Risk: Meeting Emerging Challenges to Refugee Resettlement in Local Communities," calls for "new tools to fight back against a determined legislator or governor who has decided to challenge resettlement for political or other reasons."

Tuesday, February 2, 2016

As Feds Plan to Cut Border Monitoring, Texas Officials Ask Why

The Texas Tribune | by Julián Aguilar | Feb. 1, 2016

A Customs and Border Protection vehicle patrols on the Texas border near the Rio Grande, Thursday, July 24, 2014, in Mission, Texas. Texas is spending $1.3 million a week for a bigger DPS presence along the border.


Gov. Greg Abbott and U.S. Rep. Henry Cuellar, a Laredo Democrat, pressed the U.S. Department of Homeland Security on Monday to explain why the agency plans to reduce its aerial surveillance on the Texas-Mexico border.


In a letter to DHS Secretary Jeh Johnson, the lawmakers said the cut to a requested 3,850 hours of aerial detection and monitoring in 2016 amounts to 50 percent less coverage than recent years.

“Given the recent surge of migrants from Central America and Cuba along the southern border, we believe DHS should request more surveillance and security resources, not fewer,” Abbott and Cuellar wrote in a letter.

The pair also reminded Johnson that in September, Abbott’s office asked the DHS for more aerial resources and U.S. Border Patrol agents but that the request was never acknowledged.

A DHS spokesperson said the agency would respond "directly" to the governor and the congressman.

Monday’s request comes as CBP is reporting a new surge in the number of undocumented immigrants crossing the Rio Grande. From October to December of 2015, about 10,560 unaccompanied minors entered Texas illegally through the Rio Grande Valley sector of the U.S. Border Patrol. That marks a 115 percent increase over the same time frame in 2014. The amount of family units, defined as at least one child and adult guardian or parent, has increased by 170 percent to 14,336 in the Rio Grande Valley.

The El Paso sector also saw 1,030 unaccompanied minors, an increase of almost 300 percent.

In Monday’s letter, the pair also requested a detailed breakdown of how the DHS determined the reduction in aerial surveillance was warranted and information on how staffing and operation levels would be affected.

While Abbott has spoken extensively about illegal immigration from Mexico and Central America, the letter marked the first time Abbott has referenced a recent surge of Cubans coming into Texas.

Abbott visited the island nation last year to explore expanding trade between Cuba and Texas. During that trip, he spoke about the current trade embargo but not the migrant issue.

During the 2015 fiscal year, about 28,400 Cubans entered Texas through U.S. Customs and Border Protection's Laredo field office, which extends from Del Rio to Brownsville. That’s compared to about 15,600 in 2014.

The surge came after the Obama administration announced in 2014 its plans to re-establish ties with Cuba, leaving many Cubans fearing they will lose a special designation that allows them to apply for legal residency status, or a “green card,” after living in the country for a year. Cuellar and U.S. Sen. John Cornyn, R-Texas, have called for the repeal of that designation.

Monday, February 1, 2016

RETAIL APOCALYPSE: 2016 BRINGS EMPTY SHELVES AND STORE CLOSINGS ALL ACROSS AMERICA

Michael Snyder | End Of The American Dream - FEBRUARY 1, 2016

IMAGE CREDITS: TWITTER, EZLEEINFAMOUS.


Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country.


It appears that the retail apocalypse that made so many headlines in 2015 has gone to an entirely new level as we enter 2016. As economic activityslows down and Internet retailers capture more of the market, brick and mortar retailers are cutting their losses. This is especially true in areas that are on the lower portion of the income scale. In impoverished urban centers all over the nation, it is not uncommon to find entire malls that have now been completely abandoned. It has been estimated that there is about a billion square feet of retail space sitting empty in this country, and this crisis is only going to get worse as the retail apocalypse accelerates.

We always get a wave of store closings after the holiday shopping season, but this year has been particularly active. The following are just a few of the big retailers that have already made major announcements…

-Wal-Mart is closing 269 stores, including 154 inside the United States.

-K-Mart is closing down more than two dozen stores over the next several months.

-J.C. Penney will be permanently shutting down 47 more stores after closing a total of 40 stores in 2015.

-Macy’s has decided that it needs to shutter 36 stores and lay offapproximately 2,500 employees.

-The Gap is in the process of closing 175 stores in North America.

-Aeropostale is in the process of closing 84 stores all across America.

-Finish Line has announced that 150 stores will be shutting down over the next few years.

-Sears has shut down about 600 stores over the past year or so, but sales at the stores that remain open continue to fall precipitously.

But these store closings are only part of the story.

All over the country, shoppers are noticing bare shelves and alarmingly low inventory levels. This is happening even at the largest and most prominent retailers.

I want to share with you an excerpt from a recent article by Jeremiah Johnson. The anecdotes that he shares definitely set off alarm bells with me. Read them for yourself and see what you think…

*****

I came across two excellent comments upon Steve Quayle’s website that bear reading, as these are two people with experience in retail marketing, inventory, ordering, and purchases. Take a look at these:

#1 (From DJ, January 24, 2016)
“Steve-
[Regarding the] alerts about the current state of the RR industry. This is in line with what I’ve been noticing as I visited our local/regional grocery store, Walmart, and Target this week in WI. I worked in big box retail for 20 years specializing in Inventory Management. These stores are all using computerized inventory management systems that monitor and automatically replenish inventory when levels/shelf stock get low. This prevents “out of stocks” and lost sales. These companies rely on the ability to replenish inventory quickly from regional warehouses.
As I shopped this week and looked at inventory levels I was shocked. There were numerous (above and beyond acceptable levels) out of stocks across category lines at all three retailers. And even where inventory was on the shelf, the overall levels were noticeably reduced. Based on my experience, working for two of these three organizations in store management, they have drastically/intentionally reduced their inventory levels. This is either due to financial stresses/poor sales effecting their ability to acquire new inventory, or it could be the result of what was mentioned earlier regarding the transporting of goods to these regional warehouses. Either way this doesn’t bode well for the what’s to come. Stock up now while you can!”

#2 (From a Commenter following up #1 who didn’t provide a name, January 26, 2016)

“I’d like to tailgate on the SQ Alert “based on my experience…” regarding stock levels in big box stores. This weekend we were in two such stores, each in fairly isolated communities which are easily the communities’ best source for acquiring grocery items in quantity.
I myself worked in retail (meat) for thirty years so I know exactly what a well-stocked store looks like, understand the key categories and category drivers, and how shelves are stocked and displays are built to drive sales and profits. I also understand supply chain and distribution methodologies quite well.
Each of the stores we were in were woefully under-stocked.This time of year-the few weeks following the holidays-is usually big business in groceries and low stock levels suggest either poor ordering at the store level, poor purchasing at the distribution level or a purposeful desire to be under-stocked.

Anyone familiar with the retail grocery industry is also familiar with how highly touted “the big box store’s” infrastructure is. They know exactly when demand is high and for what items and in what quantities. It is very unlikely that both stores somehow got “surprised” by unusually high demand. It is reasonable then to imagine that low stock levels in rural areas with few options is a purposed endeavor to assure that both the budget conscious and the folks in more remote areas are not fully able to load up their pantries.

Simply put I believe the major retailer in question is doing their part to limit the ability of rural America to be sufficiently prepared. Nevertheless, we are wise to do our best to keep ahead of the curve. God bless your efforts, Steve.”

*****

Yes, this is just anecdotal evidence, but it lines up perfectly with hard numbers that I have been discussing on The Economic Collapse Blog.

Exports are plummeting all over the globe, and the Baltic Dry Index just plunged to another new all-time record low. The amount of stuff being shipped around by air, truck and rail inside this country has been dropping significantly, and this tells us that real economic activity is really slowing down.

If you currently work in the retail industry, your job is not secure, and you may want to start evaluating your options.

We have entered the initial phases of a major economic downturn, and it is going to be especially cruel to those on the low end of the income spectrum. Do what you can to get prepared now, because the economy is not going to be getting better any time soon.

WHY IS OBAMA FLOODING SMALL TOWNS IN THE MOST CONSERVATIVE PARTS OF AMERICA WITH REFUGEES?

Michael Snyder | Economic Collapse | FEBRUARY 1, 2016

IMAGE CREDIT : INFOWARS.COM

Why are small towns in conservative states being specifically targeted for refugee resettlement? 


Of course the Obama administration will never publicly admit that this is happening, but it doesn’t take a genius to figure out what is going on. Just look at the uproar that refugee resettlement is now causing in small communities in Idaho, Montana, North Dakota and Kansas. The Obama administration has deemed large cities such as Washington D.C. to be “too expensive” for the refugees, and so large numbers of them are being dispersed throughout smaller communities all over the nation. If you drop a few hundred refugees into a major city of several million people, it isn’t going to make much of a difference. But if you drop a few hundred refugees into a small town that has only a few thousand people living there, you can start to fundamentally alter the character of the whole area. Could it be possible that this is yet another way that Barack Obama is attempting to “fundamentally transform” America?

You would think that there would be more employment opportunities, cultural attractions and government services available for refugees in major metropolitan areas. So it would seem natural to resettle them in those areas. But instead, there seems to be a major push to resettle large numbers of them in small towns.


Needless to say, this is creating a huge uproar in many areas. In fact, on Monday there is a major protest planned in Missoula, Montana. The following comes from Leo Hohmann of WND

Another big battle is brewing over Syrian “refugees” sweeping into small-town America.

Rural folks in Montana are pushing back against plans by urban elites to plant hundreds of Muslims from the Third World into Helena and Missoula. They plan a protest rally at 10 a.m. Monday in front of the county courthouse in Missoula. And if the pattern holds of similar rallies in Twin Falls, Idaho, and Fargo, North Dakota, a contingent of pro-refugee people will show up to counter protest.

Well funded pro-immigrant NGOs have been searching out local politicians that are willing to work with them to invite the Obama administration to resettle large numbers of Islamic refugees in their areas. Unfortunately for residents of Missoula, politicians there seem quite willing to open the door


Here in “Big Sky Country” local politicians in Missoula, working with pro-immigrant NGOs, are inviting the federal government to begin sending Syrians, comparing them to the Hmong refugees who fled Vietnam’s communists in the late 1970s. They have not been deterred by the fact that 98 percent of Syrian refugees are Sunni Muslims, the vast majority of whom FBI Director James Comey admits are impossible to vet for ties to terrorism.
Despite Comey’s warnings, the Missoula Board of County Commissioners sent a letter on Jan. 13 to the U.S. State Department requesting Syrian refuges. “We look forward to seeing approximately 100 refugees per year resettled in Missoula,” the letter states.
“Missoula is an ideal city for resettling refugees,” the letter continues. “Our community enjoys good schools, incredible natural beauty, and a low unemployment rate, among other factors.”

We have all seen the chaos that has erupted in Europe as massive waves of Islamic immigrants have been allowed in and resettled in large numbers in small communities. Just a few weeks ago, I wrote about the epidemic of rape that is sweeping across formerly peaceful countries like Norway and Sweden.

And I am sure most of you have already read about the extremely alarming sexual crimes that Germany is dealing with now. But many of us don’t seem to be connecting the dots. What is happening over there could someday happen to our own wives and daughters.

Fortunately, there are some communities that are still willing to step up and take a stand against what the social engineers in Washington D.C. are trying to do. One of those communities is Sandpoint, Idaho


Sandpoint City Council members voted Wednesday night to withdraw a resolution supporting refugee resettlement, bringing an end to a heated, month-long controversy.
Cheers erupted from the audience when newly elected Sandpoint Mayor Shelby Rognstad asked the council to withdraw the resolution from consideration. A measure meant to counter statements from Bonner County commissioners and Sheriff Darryl Wheeler opposing the resettlement of refugees, the resolution was intended to restate Sandpoint’s commitments to human rights, according to Rognstad.
“This resolution has only served to divide us and this community,” said Rognstad, as he requested the withdrawal. “That saddens me.”

Once again, anti-refugee activists turned out in force to oppose the resolution and, once again, the council meeting procedure was punctured by applause and shouts. When Rognstad called for order, the crowd responded with catcalls.

But other small communities in Idaho are not so fortunate.

Just consider what is happening in Twin Falls


Beginning the next fiscal year (October 1), some 300 Muslim refugees, primarily from Syria, will arrive in Twin Falls, Idaho, the Twin Falls Times reports.
But this miniature exodus from the Middle East to the small southern Idaho town of 45,000 people is believed to be just the tip of the iceberg, according to WND, which indicates that many more refugees from Iraq, Syria, the Democratic Republic of Congo, and likely Syria, are on their way. The conservative news site received reports that community leaders were told at a recent Boise State University conference held for “stakeholders” — including church groups and social service providers — that a couple thousand refugees are planned to a arrive statewide soon.

Look, I am all for assisting people that need our help.

In particular, I would love for our country to take in Christians from Iraq and Syria. The things that ISIS has been doing to those that believe in Jesus Christ are almost too horrible to put into words, and yet Barack Obama has been almost totally silent on the matter.

Instead of taking in persecuted Christians, it has been estimated that well over 90 percent of the refugees from Syria are Sunni Muslims, and surveys have found that a significant percentage of them actually have a favorable view of ISIS.

In the mainstream media, we are told quite often that the number of refugees being brought in is 10,000 a year. But that simply is not accurate. In a previous article, I documented the fact that the White House has admitted that the number of refugees being resettled in this country has been increased to 100,000 per year. The following is a message that was tweeted by the official White House Twitter account on September 28th…



I don’t see how there could be any confusion. Barack Obama himself says that we are bringing in 100,000 refugees a year for the next two years.

Not all of these refugees are coming from Syria, but the vast majority of them are coming from countries where a radical version of Sunni Islam is practiced as a way of life.

When large numbers of refugees are injected into a small community, the character of that community can be fundamentally altered. And at this point, it appears that there is a concentrated effort to funnel large numbers of these refugees into small towns in some of the most conservative states in the country.

If you are concerned about what is going on in places like Missoula, Sandpoint and Twin Falls, you might want to check on what your own local politicians are doing.

An insidious agenda is at work, and I have a feeling that this is just the tip of the iceberg.

Friday, January 29, 2016

Cracks in America's economy are growing

CNN Money | by Patrick Gillespie @CNNMoney | January 29, 2016: 5:12 AM ET


America's economy hit the brakes during the holidays.


Some recent economic data even raises fears that we might be heading towards a possible U.S. recession in 2016. Big banks like Morgan Stanley (MS) estimate there's a 20% chance of recession this year.

On Friday, the government will release data that show how the U.S. economy fared in the last three months of the year. Many experts forecast that the U.S. economy barely grew -- about 1% or less -- between October and December of 2015 compared to a year ago.

Even the Federal Reserve admitted Wednesday that the economy "slowed" at the end of last year.

On Thursday, the bad news continued. A key sign of confidence is orders for new products and equipment -- known as "durable goods" -- placed by companies to power their business. Orders for durable goods fell 5% between November and December, according to the Commerce Department. That was a lot below expectations that orders would be flat.

It shows that some companies are delaying or deciding not to purchase any new piece of equipment they need.

The news on durable goods caused Barclays (BCS) to lower its GDP forecast to 0.4% on Thursday. Capital Economics, a research firm, admitted the new data posed risks "firmly to the downside" for its estimate of 1%.

Related: Apple CEO: 'extreme conditions' in global slowdown

Here are 3 more warning signs that the U.S. economy is heading in the wrong direction:

1. Americans are not spending much


U.S. economic growth depends on shoppers. Consumer spending makes up two-thirds of the nation's economic engine. Yet they're sending mixed signals: U.S. retail sales declined a bit in December and they were negative or flat seven times last year.

Consumer confidence has wavered too. It peaked at 98% in January 2015 but has since drifted down in general. Consumer confidence is currently 93%. While it's a lot better than what it was just a few years ago, any downward movement is still a cause for concern.

2. U.S. manufacturing already in recession


American factories are suffering from the global economic slowdown. Manufacturing makes up 10% of the U.S. economy, according to Morgan Stanley.

The key ISM manufacturing index has declined for six straight months, and its been negative -- below 50% -- for the last two months.

The strong dollar is making products manufactured in the U.S. more expensive overseas, lowering demand for American made goods. The slowdown in emerging market economies isn't helping trade either.

Related: U.S. economy: recession fears are growing

3. Corporate America is hurting


Earnings season isn't over yet but one thing is clear: American companies are making less money than a year ago. Put together, when America's biggest companies -- and employers -- suffer, the economy follows suit.

The S&P 500 -- the benchmark for U.S. stocks -- is down 7% so far in January. Apple, the nation's biggest company by market size, just announced record profits with a gloomy outlook ahead. It believes iPhone sales will decline in the first quarter of this year for the first time in 13 years.

Apple CEO Tim Cook expressed serious caution about the global economy. When a major American CEO raises the warning flag that's not good for the U.S. economy.

"We're seeing extreme conditions unlike anything we have experienced before just about everywhere we look," Cook said Tuesday.

Obama administration is starting in L.A. to help immigrants become citizens

LA Times | Sarah D. Wire | January 29, 2016




Obama administration officials are scheduled to meet in Los Angeles on Friday with Mayor Eric Garcetti, local nonprofits and business owners to discuss ways to encourage immigrants to become U.S. citizens.


The meeting is part of a multi-city tour by the White House’s Task Force on New Americans, which the administration previewed in a call with reporters Thursday.

Senior Deputy Director in the White House Office of Public Engagement Julie Chavez Rodriguez said Friday’s meeting will allow federal officials and members of Garcetti’s staff to coordinate with local leaders in business, nonprofit and community organizations.
Starting in California is a perfect kickoff from our perspective.- Julie Chavez Rodriguez, White House Office of Public Engagement


“Starting in California is a perfect kickoff from our perspective,” she said.


In recent years California has moved repeatedly to provide rights, benefits and protections to immigrants in the country illegally, including in-state tuition, driver's licenses, rules to limit deportations and state-funded healthcare for children.

Los Angeles, San Francisco and San Jose have signed on to participate in the task force, as have cities in 25 other states.

Rodriguez praised several California efforts, including the partnership between U.S. Citizenship and Immigration Services and the Los Angeles Public Library system to create “citizenship corners” at every branch and hold citizenship classes, increased funding for citizenship and naturalization services by the Napa Valley Community Foundation, and targeting of individuals eligible for naturalization and connecting them with resources in San Francisco.

Garcetti said Step Forward LA, a program created in 2015 that helps people determine whether they are eligible to become citizens and prepares them for the citizenship test, has helped 45,000 people.

He said there are an estimated 350,000 legal permanent residents in Los Angeles alone who are eligible to apply for citizenship but haven’t. In the greater area, the number soars to 750,000.

“This isn’t an abstraction for us. It isn’t an abstraction for me,” Garcetti said.

Joining the White House’s effort is former Los Angeles Dodgers pitcher Fernando Valenzuela, who became a U.S. citizen in July. He said he wants people to know there are resources available to assist people starting the process and to help integrate new citizens.

“I am excited to vote in my first presidential election,” he said.

According to Garcetti’s office, attendees of the closed-door meeting will include the mayor, Special Assistant to the President for Immigration Policy Felicia Escobar, Chief of the Mayor’s Office of Immigrant Affairs Linda Lopez, and USC Center for the Study of Immigrant Integration Director Manuel Pastor.

Speakers include members of the National Assn. of Latino Elected and Appointed Officials, Refugee Forum of Los Angeles, California Endowment, Univision, Asian Americans Advancing Justice of Los Angeles, and the Youth Policy Institute.

Thursday, January 28, 2016

Fed’s December hike was a major mistake, former Bank of England official says

Greg Robb | MarketWatch - JANUARY 28, 2016

IMAGE CREDITS: IMF / FLICKR.


Weak data, such as Thursday’s durable-goods-orders report, signal that the Federal Reserve made “a major macro mistake” raising interest rates in December, said Danny Blanchflower, a Dartmouth College economist.

See: Durable-goods-orders decline could mean economy shrank in fourth quarter.

In December, not only did the Fed raise rates for the first time in nine years, but they signaled there would be four more hikes this year.


Now, “there’s a 50/50 chance the next move is a cut...as with all the other rate hikes since 2009 this one will have to be reversed,” Blanchflower, who leans dovish, said in an interview.

Traders who bet on rate hikes using fed funds futures contracts are now wagering that the Fed will next hike rates in September, according to CME FedWatch.

“The Fed has seriously lost credibility. No one believes them,” Blanchflower added.

The Fed’s ‘classic” mistake has been to underestimate the negative spillovers from the slowing of China, the worlds number-two economy, he said.

The Dartmouth economist, who was a former member of the Bank of England’s monetary policy committee, said the situation reminded him of 2008 when the U.K. thought it could avoid the subprime housing slowdown in the U.S. economy.

Blanchflower cited new figures in a Bloomberg article pointing to a steep slowdown in global trade.

In addition, the U.S. central bank doesn’t yet grasp that the decline in oil prices is not a positive supply shock but a signal of weak global demand, he said.

In its dovish policy statement released Wednesday, the Fed took out any reference to the balance of risks facing the economy, after saying in December that the risks were balanced.

“That’s a big admission of a mistake,” Blanchflower said.

See: The Fed says sorry for its rate-hike forecast

In its statement, the Fed said it “is closely monitoring global economic and financial developments and is assessing their implications for the labor market and inflation, and for the balance of risks to the outlook.”

Economic indicators are now pointing in the direction of a recession, Blanchflower said.

Monday, January 25, 2016

DAVOS DEPRESSION: SOROS PREDICTS DEVASTATING DEFLATION, REPEAT OF 2008


The Dollar Vigilante | JANUARY 23, 2016 | JEFF BERWICK 



In Davos, billionaires plot ways to consolidate power under one government, but in Acapulco Mexico, late in February, we will meet together to discuss how to create seven billion separate governments!

That’s what anarchy is all about, the ability of each individual to be in charge of his or her own life without predetermined restraints. If you injure someone or damage something, you’re responsible. Otherwise, society has no claims on you, certainly none enforced by the power of the state. There is no state ….

That’s much different than Davos where hundreds of seriously wealthy control freaks are meeting together to figure out how to promote global government that will have a claim on each and every one of us. Don’t do what they tell you to do and you are fined, jailed or worse. That’s “civilization” – Davos style.

When they are not gathered together in fancy restaurants quaffing expensive wines and eating fine food, the old men (mostly men) of Davos are “brainstorming” new ways to confuse and frighten us.

The idea is that we are to be afflicted with worse and worse disasters and as a result, convinced to turn to them – the Davos conclave – for salvation and hope.

And this is surely the reason for Davos attendee and billionaire George Soros’s pronouncements regarding the world economy, which made news recently for the extent of their alarmism.

Soros and another Davos attendee, William White are warning we are on the cusp of collapse. You’d think they just discovered yesterday that bad things were about to happen.

Earlier this week we wrote about White, the former chief economist of the Bank for International Settlements, who labeled 2016 a debt Jubilee year and basically predicted the shattering of the world economy. You can read what we wrote here.

Now comes billionaire Soros claiming that “the world is running into something it doesn’t know how to handle.” His statements hit the wires around the world and resulted in a BusinessInsider post profiling Soros’ “bearishness” with some choice quotes.


“We are repeating [2008],” Soros said during the World Economic Forum in Davos, Switzerland, in an interview with Bloomberg TV. The root cause of the crisis is different this time, however. In 2008, it was the subprime crisis in America. This time, it is China and the deflationary forces it is transmitting to the rest of the world.
There’s the same old bogeyman that they like to roll out. This time it is “China,” which we have recently explained is not the culprit for this coming mess… and “deflationary forces”.

They purposefully try to confuse people with inflation/deflation. They want people to think the symptoms of inflation (rising prices) is inflation itself… and it happens inexplicably! Inflation is the increase in the money supply (aka. money printing). This causes prices to rise. But the root-problem isn’t rising prices; the root-problem is the increase in the money supply by the central banks.

And, it’s the same for deflation. When markets are blown up to bubble-like levels by money printing and then begin to fall, they call that “deflation” and say that is the problem. It’s not. The problem is that the increase in the money supply will eventually create a bubble, which will eventually collapse.

But you will NEVER hear that from the old men muttering to each other in Davos. They don’t want you to know that THEIR actions create the market crashes that they are now grimly warning us about.

He goes on to add in another red herring, oil!


The issue is that China’s problems are being passed on to the rest of the world. “It’s one of the sources of deflation,” Soros said. “You’ve got basically three major root causes. One is China, the other is oil and raw material prices, and the third is competitive devaluation,” he added. “You have all three.”

As we also explained earlier this week, the price of energy getting cheaper could not possibly destroy an economy. How could it?

At Davos, they want to point the blame at everyone but the true culprit: themselves. They are the true financial terrorists. And what is the answer they will present to save the world? You guessed it, print more money!

European stocks rebounded this week after the European Central Bank essentially said that is what they would do. And, next week, the Federal Reserve meets to decide on how to manipulate the price of money (interest). If they also become “dovish” – which is a funny word to describe manipulating interest rates lower and counterfeiting money – we could see a short-term rebound in the markets… but it won’t last.

This system is in collapse, and quite likely a planned collapse, to cause worldwide chaos in order for the elites to garner more power and control as a dumbed down and impoverished populace (dumbed down by government public education and impoverished by governments and central banks) clamor for someone to do something.

The truth of the matter is that the people of the world need to wake-up to this con game and stop supporting governments and central banks and move their assets into gold, silver and bitcoin.

At Anarchapulco and its sister conference. the TDV Internationalization and Investment Summit, we’ll be discussing these issues. We won’t waste our time with scare tactics and how to figure out ways to rule the world. We’ll discuss ways to DEFEND ourselves from the tactics being plotted at Davos and elsewhere.

We’ll write about what we discover in our TDV newsletter (subscribe today here) and we’ll try to spread the word through videos and radio interviews.

The path for humanity is clear… and it won’t be long until enough people figure out what is going on and rid the world of these heinous governments and central banks. But, most people will likely go through the pain of the collapse before they recognize the problem.

We plan to be one step ahead of them and not only recognize the problem but protect our assets and profit from the collapse.

Call Anarchapulco the “Anti-Davos” Conference.


Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own,Anarchapulco, as well as regularly in the media including CNBC, CNN and Fox Business.