Immigration: A Political and Economic Issue

Posted on September 28th, 2015

Europe’s refugee crisis immigration from www.caglecartoons.com # 168645By John Browne, Senior Market Strategist, Euro Pacific Capital, Inc.

Donald Trump has successfully placed immigration at the center of the U.S. Presidential election. But while the issue is still largely a debating point in the United States, it has quickly and violently become a life and death issue for the European Union, which is in the midst of the most significant immigration and refugee crisis since the Second World War.

The BBC reports, “More than 300,000 migrants have risked their lives trying to cross the Mediterranean to Europe so far this year, according to the UN. This compares with 219,000 for the whole of 2014.” (8/28/15) By including refugees, AFP News Agency puts the figure even higher, stating “Nearly 340,000 refugees and migrants illegally crossed the border into Europe from January to July 2015, according to the EU’s border agency Frontex. The figure compares to 280,000 for the whole of 2014.” (8/31/15) This promises a drastic increase for all of 2015.

The spike in immigration in Europe has its roots in general disintegration in the Middle East and North Africa, which in itself is a function of flawed Western interventionism and botched foreign policy. With war tensions in the Middle East and the rise of ISIS, the suffering of the local civilians has been appalling. With the political and social institutions collapsing in failed states such as Syria, Iraq, Afghanistan, Somalia, and Libya, those leaving likely see no possibility of returning. So, unlike in years past, they are not willing to stop in refugee camps to await developments in their home countries. They have made the decision to go all the way to Europe, and they are willing to risk all to get there.

The waves of immigrants, both refugees and migrants, tend to enter the southern periphery countries including Greece, Italy and Spain in addition to new eastern EU member countries like Hungary. Immigrants perceive these EU countries as close with porous borders. Furthermore, these periphery countries condone lax border controls because they understand that these immigrants have no wish to settle in their countries. Rather, the migrants are intent on moving out fast, under the EU’s Schengen Plan, into the richer northern countries, like Germany and the UK, which also offer more generous social benefits to newly arrived immigrants.

Notably, excluding the UK and Ireland, which were granted an opt out, the 26 remaining nations of the EU have accepted membership of the Schengen Area. Membership requires each nation to abolish all passport and other types of control at their common intra-EU borders. Thus, once  migrants have entered the EU through the relatively porous southern borders, they can move at will, like any EU citizen, to any member country, with the exception of the UK and Ireland. Naturally, migrants head to those relatively rich countries. This strains the availability of housing, health, education, social security and jobs greatly to the cost and disadvantage of legitimate local citizens. Read More..

Memo to ‘60 Minutes’: Stop Treating Iran Like a Democracy

Posted on September 24th, 2015

Trust  but vilify from www.caglecartoons.com # 166492By Aaron Goldstein

I saw the 60 Minutes interview with Iranian President Rouhani the other night and found much, but not all of the interview by Steve Kroft annoying. My annoyance began with the first paragraph of his report:

Few issues have inspired more vitriol this summer than the historic agreement between Iran and six world powers: the United States, Russia, China, Britain, France and Germany. The deal drastically curtails Iran’s nuclear program in exchange for the lifting of economic sanctions.

How exactly is Iran’s nuclear program curtailed considering that Iran can still enrich uranium, can inspect itself on top of getting billions in sanctions relief?

Kroft began one of his questions with this bit of editorializing. “The United States seems to have its hardliners and Iran seems to have its hardliners,” said Kroft before asking Rouhani if he saw similarities between the two. Iran’s hardliners imprison, torture, and execute their political opponents and seek the destruction of a neighboring state. How hardline can Republicans be when the Corker amendment assured the deal’s passage? There is simply no comparison. Kroft’s tone of moral equivalence is utterly insufferable. Here’s more proof:

President Rouhani’s boss, Supreme Leader Ayatollah Ali Khamenei has final say on the agreement and has sent it to the Iranian Parliament and the Supreme National Security Council on national security for a vigorous debate.

How the hell does Kroft know if there is going to be a “vigorous debate” in the Iranian Parliament and the Supreme National Security Council? These are nothing more than rubber stamp institutions. And yet Kroft gives these institutions more legitimacy than our own Senate. In the very first sentence of his report, he characterizes the debate over the Iran nuclear agreement in this country as one of “vitriol” before calling its critics hardliners. Kroft gives Iran undeserved deference. Read More..

Poor Nations Want U.S. to Pay Reparations for Extreme Weather

Posted on September 14th, 2015

Snowed in global warming from www.caglecartoons.com # 160332EDITOR’S COMMENT: This is precisely what global warming and climate change are all about. The real goal is not to protect the environment, but a combination of seizing wealth and power. Unfortunately, President Obama and the United Nations are spearheading this ‘Robin Hood’ approach, and this effort will be discussed extensively at the upcoming United Nations Conference on Climate Change in December. What’s amazing to me is that there is absolutely no scientific proof that man-made global warming has caused any of these problems. The poor countries were very poor and experienced many of these natural devastating effects long before the elites even conceived of global warming. As further evidence of this absurdity, if one reads the UN’s comments, it is interesting that one of the biggest emission generators, China, is not even mentioned as being a target of these negotiations. Why? Because it is not about the environment!

By Thomas M. Kostigen

Poorer nations suffering from extreme weather disasters, so much so that their citizens are seeking refugee in safer terrains outside their borders, want rich nations like the United States to pay for reparations and to relocate populations.

Preparatory talks ahead of the United Nations Conference on Climate Change to be held in Paris in December has representatives from developing nations asking for more than an already agreed upon $100 billion per year for climate change mitigation measures. They want additional compensation for weather-related disasters as well as a “displacement coordination facility” for refugees. And they want all this to be legally binding as part of the larger anticipated Paris accord.

The U.S. and wealthier nations in the European Union are balking. Read More..

Iran Deal: Khamenei Says Israel Destroyed in 25 Years

Posted on September 10th, 2015

WAIMH Red ArrowEDITOR’S COMMENT: Do these comments sound to you like the comments of someone that you would want to negotiate anything, never mind a disastrous nuclear weapons deal with? And, don’t ignore his comments that Iran will have nothing to with the “Great Satan’, the United States, in the future. Wasn’t the likelihood of future agreements and potential trade agreements with Iran a main reason for ‘reaching out’ to Iran in the beginning. Now, it looks like most, if not all, of the trade will go to other western countries, and not the U.S. Nice going, Mr. President. As I’ve mentioned many times, you really do have to wonder which country President Obama believes he is representing, if any!

By Times of Israel

Israel will not survive the next 25 years, Iran’s Supreme Leader Ayatollah Ali Khamenei said Wednesday, making a series of threatening remarks published online.

In a quote posted to Twitter by Khamenei’s official account, Khamenei addresses Israel, saying, “You will not see next 25 years,” and adds that the Jewish state will be hounded until it is destroyed.

The quote comes against a backdrop of a photograph apparently showing the Iranian leader walking on an Israeli flag painted on a sidewalk.

Khamenei’s statements also reaffirmed his view that the US is a “Great Satan” and that there would be no detente with Washington beyond the nuclear talks. Read More..

Why There Is Still Time to Demand a Better Iran Deal

Posted on September 10th, 2015

Obama’s Nuke deal campaign from www.caglecartoons.com # 167367By Rachel Zissimos

As Congress’ September deadline to approve or condemn the Iran deal approaches, the Obama administration has intensified its lobbying efforts, appealing to individual members of Congress who remain on the fence.

Last Friday, President Obama drafted a letter to Rep. Jerrold Nadler D-N.Y., defending what he calls “a very good deal for the United States” that will eliminate all pathways to a nuclear weapon, facilitate the full or partial “snapback” of sanctions, and ensure “tremendous oversight.”

Nadler announced his support of the deal later that day, albeit with little enthusiasm. He assessed the deal as “far from perfect, to put it mildly.” Nadler is not the only politician to have voiced support of the deal begrudgingly.

The administration has accused Republicans of lining up to oppose the deal before it was even released. However, blaming concerns on party bias dismisses legitimate criticisms that span both sides of the aisle. Read More..

BLACK MONDAY: The First Time EVER The Dow Has Dropped By More Than 500 Points On Two Consecutive Days

Posted on August 25th, 2015

New York City 1920’s, financial-collapseBy Michael Snyder

On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow actually performed better than almost every other major global stock market on Monday.  In the U.S., the S&P 500 and the Nasdaq both did worse than the Dow. In Europe, almost every major index performed significantly worse than the Dow.  Over in Asia, Japanese stocks were down 895 points, and Chinese stocks experienced the biggest decline of all (a whopping 8.46 percent).

On June 25th, I was not kidding around when I issued a “red alert” for the last six months of 2015. I had never issued a formal alert for any other period of time, and I specifically stated that a major financial collapse is imminent“. But you know what? As the weeks and months roll along, things will eventually be even worse than what any of the experts (including myself) have been projecting. The global financial system is now unraveling, and you better pack a lunch because this is going to be one very long horror show.

Our world has not seen a day quite like Monday in a very, very long time. Read More..

SHOCK! Iran Will Inspect Its Own Nuclear Site, Of Course

Posted on August 21st, 2015

166810EDITOR’S COMMENT: To compound this absurdity, I would like to add that is was just reported that Iran has now threatened the Chief Inspector of its nuclear facilities with harm. You can read about this as one of Today’s Other Stories That We Are Following, featured below.

By Emily Zanotti

If you thought that the Iran deal couldn’t possibly get any worse for Americans, it’s probably because you were confident that the public deal, released by the Obama Administration last month, gave the outside boundaries of the deal. Perhaps you were confident that the Obama Administration, which has yet to make much headway on its agenda, despite being only a short 18 months from exiting power, would be loathe to get such a bad deal past Congress, or you had a bizarre and unwavering faith in the International community, which while not entirely opposed to wiping Israel off the map, would be concerned that “more valuable” countries (like the ones that produce the majority of our alcoholic beverages) might find themselves on the receiving end of a pretty nasty nuclear accident.

You can now rest easy, comfortable in the knowledge that wallowing in your own oblivion was a nice vacation from reality. Some of the “secret” side deals between the UN and Iran are now coming to light (attendant to the US deals), and while it was bad enough to trust John Kerry to manage the nuclear oversight program, somehow, in reality, the system is actually worse: because Iran has proven its trustworthiness on a number of issues – including, but not limited to, the return of Members Only jacketsit will be allowed to conduct its own nuclear inspections. Read More..

Obama, the Left Downsizing the American Dream

Posted on August 20th, 2015

The American Dream is OverBy Joel Kotkin

Barack Obama has always wanted to be a transformational president, and in this, at least, he has been true to his word. The question is what kind of America is being created, and what future does it offer the next generation.

President Obama’s great accomplishment, arguably, has been to spur the evolution of a society that formerly rested on individual and familial aspiration, and turn it into a more regulated and centralized regime focused on broader social and environmental concerns. This tendency has been made much stronger as the number of Americans, according to Gallup, who feel there is “plenty of opportunity ahead” has dropped precipitously – from 80 percent in 1997 to barely 52 percent today.

The shift away from the entrepreneurial model can also be seen in the constriction of loans to the small-business sector. Rates of business start-ups have fallen well below historical levels, and, for young people in particular, have hit the lowest levels in a quarter century. At the same time, the welfare state has expanded dramatically, to the point that nearly half of all Americans now get payments from the federal government. Read More..

Wow! Obama Drives Down Coal Company Stocks, and Soros Buys Them on the Cheap

Posted on August 19th, 2015

What with a question markBy Thomas Lifson

I have always believed that global warming is a gigantic scam, driven by greed and lust for power. Now comes the shocking news, via Steve Milloy writing on Breitbart, that following President Obama’s use of CO2 emissions as a weapon to drive major coal companies near bankruptcy, the ultimate politically connected speculator George Soros is buying up stock in major coal producers on the cheap.

predicted in this column last week that the left wasn’t going to kill off the coal industry so much as it was going to steal it. That prediction is already becoming true courtesy of billionaire George Soros.

U.S. Securities and Exchange Act filings indicate that Soros has purchased an initial 1 million shares of Peabody Energy and 553,200 shares of Arch Coal, the two largest publicly traded U.S. coal companies. As pointed out last week, both companies have been driven perilously close to bankruptcy by the combination of President Obama’s “war on coal” and inexpensive natural gas brought on by the hydrofracturing revolution.

Under the hypothesis that not even socialists would leave trillions of dollars worth of a perfectly safe and clean energy source in the ground for the sake of the imaginary “climate crisis,” I posited that once the existing coal industry ownership was wiped out by President Obama’s regulatory onslaught, a new politically correct ownership would rehabilitate the fuel by contributing to Democrats. Read More..

Schumer Iran Flap: What Is Wrong With These People?

Posted on August 18th, 2015

Safety FirstBy Christopher Chantrill

I guess that I’m too old to understand the modern world. I would have thought that for the White House to set the lefty dogs on Sen. Chuck Schumer (D-NY) for opposing the president’s Iran deal would be a bad idea. I would have thought that Sen. Schumer was powerful enough that nobody, not the president nor the lefty AstroTurfers, gets to mess with him.

But what do I know? The Hill reports that “Credo [Action], MoveOn.org and Democracy for America are rallying supporters to flood congressional mailboxes and town halls over the course of the next month to demand lawmakers support the agreement.” And there’s more:

Activists and former top officials within the Obama administration are openly contemplating whether Schumer’s stance disqualifies him from serving as the next Senate Democratic leader — which he is primed to do — and seeking to temporarily cut off money to Democrats in the upper chamber.

I guess I’m old fashioned, but I thought that the august United States Senators themselves — bedight with freshly laundered white togas — were the guys that got to elect their leaders. I had no idea, no idea, that activist groups, contributors, bundlers, and White House staffers got in on the action too. Read More..

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