Archive for the “Economy” Category

Washington Post

Job Losses and Pr. William Law Hit Illegal Immigrants and Others

A vibrant Latino subculture built in Prince William County over more than a decade is starting to come undone in a matter of months.

With Latinos fleeing the combined effects of the construction downturn, the mortgage crisis and new local laws aimed at catching illegal immigrants, Latino shops are on the brink of bankruptcy, church groups are hemorrhaging members, neighborhoods are dotted with for-sale signs, and once-busy strip malls have been transformed into ghost towns.

County officials who have campaigned for months to drive out illegal immigrants say they would be unhappy to see businesses suffer or legal immigrants forced out in the process.

“But I believe the benefits will far outweigh the drawbacks,” said Corey A. Stewart (R-At Large), chairman of the Board of County Supervisors and a leading advocate of the new policy allowing police to check the immigration status of people stopped for other violations. “And there will continue to be . . . a thriving Latino community in the county into the future.”

At least for the moment, however, to travel through Prince William’s Latino enclaves is to witness scene after scene of a community’s transformation.

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He said he supported the government intervention in the sale of Bear Stearns. What the hell is he talking about? The Federal Reserve is not a part of our government.

OC Register

SANTA ANA ? Republican presidential hopeful John McCain met with Latino business owners this morning in Santa Ana, and outlined his philosophy toward dealing with the country’s economic and home mortgage problems.

He called for lenders to be held more responsible in the future, and vowed not to bail out speculators.

“It is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers,” he said.

He said he supported the government intervention in the sale of Bear Stearns. He called for more “accountability and transparency,” but stopped short of presenting a specific plan.

“I will consider any and all proposals, based on their costs and benefits,” he said.

After his speech at C&H Letterpress Inc. in Santa Ana, he sat down there with 14 Latino small business owners to discuss their concerns ? in front of an audience of nearly 200, including a large media contingent ? and then held a short news conference.

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As you know, the Fed was founded to farm the farmers and steal the assets. First it expands; then it contracts. And when it contracts, it holds you upside down by the ankles until all the cash in your pockets falls out. That is what it is doing now. Notice that it rescued Bear Stearns which was ?too big to fail.?

As I write, Lehman Brothers looks as shaky as a hooker in church. Because Lehman is an Insider company, the so-called Plunge Protection Team will save it as well, if necessary. It will do nothing to save Mr. and Mrs. Adjustable Rate Mortgage when their monthly payment explodes, because the ARMS are small enough to fail.

Banking is one of the few businesses in which crime is rewarded; and the bigger the crime, the greater the reward. The perpetrators take down millions in bonuses and do not go to prison. Ayn Rand disciple Alan Greenspan, former top Fed swindler, more than any other man got us into this mess; now he is telling clients in the Middle East to dump the ?dollar? and go to the Euro.

But there is more to the matter than simple criminality. Remember that Boosh and the other conspirators are trying to merge the United States, Mexico and Canada on the way to world government. As I write, dozens of unelected, joint committees are forging the connections. Recently, an unpublicized agreement advanced the merger of the Canadian and U.S. military.

When the merger campaign started, the United States was way up here. Most of the rest of the world was way down there. How could you merge a country so far above the others? Obviously, you can?t. And you can?t bring those other countries up here. Only they can do that; only those other countries can raise themselves. The only way you could do it is to reduce the United States, bring it to its knees. You could merge this country with the others only if you lower it to their level.

When the nation is at par, you can merge it. Indeed, in classic Hegelian dialectical fashion, you can present the merger as the solution, as the way to end the panic.

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I know this website is called “Immigration Watchdog” but sometimes we step back from stories about drunk driving illegal aliens to look at the bigger picture. Even though Ron Paul wasn’t as strong on immigration issues as Tom Tancredo, I have always supported Ron Paul for President (even though I knew he didn’t have a chance) because he was the only candidate talking about abolishing the Federal Reserve. We cannot allow private bankers to control our economy, our government, and our lives. The immigration problem is just a symptom of globalization. Globalist elites control regional markets and they want to control the world. They don’t want borders and sovereign nation states. What is driving massive immigration and illegal immigration into this country is the push to form a North American Union similar to the European Union with a new currency.

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