Tumgik
#If he reinstates Trump Immigration policies for any reason especially to send more money to Israel which is already insanely unpopular
plethoraworldatlas · 4 months
Text
The Biden administration signaled on December 12 that it is willing to make disastrous—and permanent—changes to asylum and immigration policy to obtain temporary military aid for Ukraine, Israel, and Taiwan.
Top White House officials reportedly met with some of the key Senate negotiators, Sen. James Lankford (R-OK), Sen. Chris Murphy (D-CT), and Sen. Kyrsten Sinema (I-AZ), as well as Department of Homeland Security (DHS) Secretary Alejandro Mayorkas. Unfortunately, media reports indicate the White House is willing to resurrect some Trump-era anti-immigrant policies to cut a deal on Ukraine funding. These include the nationwide expansion of a fast-track deportation process known as “expedited removal,” the expansion of mandatory detention, and the immediate expulsion of migrants at the border under a Title 42-like authority.
...
The implementation of Title 42-like authority at the border would be counterproductive at addressing migration and, instead, will result in many individuals being sent back to persecution in their home countries or forced to wait in Mexico indefinitely. Human rights organizations have tracked thousands of incidents of violence against migrants, including murder, rape, and torture, during the Biden administration’s implementation of Title 42.
Reimposing Title 42 would also fail to seriously address border crossings. Analysis from the American Immigration Council shows that these expulsions do not deter migrants from attempting to cross the U.S.-Mexico border. During the Title 42 policy, roughly one in three people apprehended after crossing the border were on their second or higher failed attempt to cross. This is confirmed by a recent analysis of DHS data from the Cato Institute, which revealed that ending Title 42 significantly reduced repeat crossings and halved so-called “gotaways.” As a result, allowing any DHS secretary to simply shut the border to asylum seekers would lead to tremendous harm to both asylum seekers and to basic principles of border management.
Dramatically expanding mandatory immigrant detention
The White House has also reportedly agreed in principle to language that would strip authority from DHS to release migrants who cross the border and are taken into custody. While many of those individuals are currently eligible for release, language currently in H.R. 2,  a Republican-supported bill that passed along party lines in the House earlier this year, would bar DHS from releasing any migrant—regardless of whether they are families or children.
The expansion of detention raises serious human rights concerns and would represent a complete break from the promises President Biden made as a candidate and while in office. Within the confines of the already expansive immigrant detention landscape, there are numerous complaints of negligent medical care, unsafe conditions, unfair and discriminatory treatment of detained migrants, and excessive use of force. Barring the release of migrants seeking protection to deter migration would only increase these abuses.
In addition, the United States simply does not have, and has never had, sufficient detention capacity to detain all migrants crossing the border, so releases would have to continue anyway. But by barring DHS from releasing migrants, Congress would also likely force the administration to restart family detention centers, leading to children suffer in detention centers for months or longer
Heightening the Standard for an Initial Asylum Screening
Negotiators are contemplating heightening the standard used for initial asylum screenings at the border. Currently, migrants must show that there is a “significant possibility” that they are eligible for asylum or similar protections, including under the Convention Against Torture. The standard was established in 1996 as a safeguard to prevent the U.S. government from breaking its international humanitarian agreements by erroneously deporting someone back to danger. If the migrant fails to show a significant possibility, they can be swiftly deported through the expedited removal process.
As we’ve seen under the Biden administration, making the standard more difficult will have not have a significant impact on newly arriving migrants. Since May, the Biden administration has been implementing a heightened standard in this initial screening process under its Circumvention of Lawful Pathways rule. Despite this, border apprehensions have risen significantly since this rule went into effect, which suggests that it has not been a deterrent.
Migrants often don’t know the nuances of immigration policy and arrive at our border simply hoping to find safety. This means that raising the standard will only result in the deportation of migrants who may have viable asylum claims but can’t immediately prove their case to an asylum officer at the border.
Third Country Transit Asylum Ban
Though the specifics are not yet known, an asylum ban for people who travel through a third country before arriving to the United States can have devasting consequences for U.S. foreign policy and for immigrants arriving in this country on visas. For example, under a bill passed along party-lines in June, an untold number of individuals could lose access to asylum for simply having an international layover on a flight to the United States. This means that even an Afghan national evacuated from Kabul via a U.S. military base in Germany could not apply for asylum for failing to apply in Germany first. A Ukrainian national whose flight stopped in London before arriving to the United States would be similarly barred.
Such a proposal ignores that many people may pass through a country where applying for asylum is impracticable or which is not safe for them, and they would be barred from asylum as a result. In addition, this proposal will not have any impact on reducing migration. Under the Biden administration’s asylum restriction, roughly 90% of migrants who cross the border between ports of entry are already banned from seeking asylum. Imposing a statutory transit ban would most heavily impact individuals who enter legally through ports of entry or who fly into the country on visas.
Expansion of Fast-Track Deportations Nationwide
On December 8, news broke that the White House would be willing to support a nationwide expansion of “expedited removal,” a fast-tracked deportation process.
Currently, expedited removal is applied to noncitizens who present themselves at a port of entry without proper entry documents, or who enter without permission within the last 14 days and are apprehended within 100 miles of the border. This process severely limits due process by allowing low-level immigration officials (not judges) to immediately order deportations without the right to an attorney.
A nationwide expansion, like previously occurred under the Trump administration, could mean that immigrant parents, children, and spouses of U.S. citizens living in the United States for years could be swept up for swift removal with little legal recourse. Due to the expedited nature of this process, migrants with pending applications for relief could be removed and Black, Brown, and Indigenous communities could be unfairly targeted. This would also require significantly more resources for immigration enforcement, as interior enforcement of expected removal would involve significant operational complexities.
Crucially, expanding expedited removal to the interior would not reduce border crossings, as the policy is already in effect at the border. It would, however, provide a powerful tool for a future administration that aimed to carry out mass deportations of recently arrived migrants.
What’s Next?
It’s still unclear whether any of these concessions can make it through both chambers of Congress. The House GOP has indicated that they want significantly broader changes to asylum and border policy, and hardline GOP senators have reportedly said that even these policies are “not nearly enough.” With the clock ticking on holiday recess, the chance that Congress can hammer out a deal and make it law by the end of December is increasingly slim.
However, in the past few days, the Senate negotiations have moved us closer to potentially seeing these Trump-era like policies becoming law. We need real policy solutions that don’t throw the immigrant community under the bus
3 notes · View notes
news-wars-blog · 7 years
Text
12 Reasons Why The Federal Reserve May Have Just Made The Biggest Economic Mistake Since The Last Financial Crisis
Tumblr media
Has the Federal Reserve gone completely insane?  On Wednesday, the Fed raised interest rates for the second time in three months, and it signaled that more rate hikes are coming in the months ahead.  When the Federal Reserve lowers interest rates, it becomes less expensive to borrow money and that tends to stimulate more economic activity.  But when the Federal Reserve raises rates , that makes it more expensive to borrow money and that tends to slow down economic activity.  So why in the world is the Fed raising rates when the U.S. economy is already showing signs of slowing down dramatically?  The following are 12 reasons why the Federal Reserve may have just made the biggest economic mistake since the last financial crisis…
#1 Just hours before the Fed announced this rate hike, the Federal Reserve Bank of Atlanta’s projection for U.S. GDP growth in the first quarter fell to just 0.9 percent.  If that projection turns out to be accurate, this will be the weakest quarter of economic growth during which rates were hiked in 37 years.
#2 The flow of credit is more critical to our economy than ever before, and higher rates will mean higher interest payments on adjustable rate mortgages, auto loans and credit card debt.  Needless to say, this is going to slow the economy down substantially…
The Federal Reserve decision Wednesday to lift its benchmark short-term interest rate by a quarter percentage point is likely to have a domino effect across the economy as it gradually pushes up rates for everything from mortgages and credit card rates to small business loans.
Consumers with credit card debt, adjustable-rate mortgages and home equity lines of credit are the most likely to be affected by a rate hike, says Greg McBride, chief analyst at Bankrate.com. He says it’s the cumulative effect that’s important, especially since the Fed already raised rates in December 2015 and December 2016.
#3 Speaking of auto loans, the number of people that are defaulting on them had already been rising even before this rate hike by the Fed…
The number of Americans who have stopped paying their car loans appears to be increasing — a development that has the potential to send ripple effects through the US economy.
Losses on subprime auto loans have spiked in the last few months, according to Steven Ricchiuto, Mizuho’s chief US economist. They jumped to 9.1% in January, up from 7.9% in January 2016.
“Recoveries on subprime auto loans also fell to just 34.8%, the worst performance in over seven years,” he said in a note.
#4 Higher rates will likely accelerate the ongoing “retail apocalypse“, and we just recently learned that department store sales are crashing “by the most on record“.
#5 We also recently learned that the number of “distressed retailers” in the United States is now at the highest level that we have seen since the last recession.
#6 We have just been through “the worst financial recovery in 65 years“, and now the Fed’s actions threaten to plunge us into a brand new crisis.
#7 U.S. consumers certainly aren’t thriving, and so an economic slowdown will hit many of them extremely hard.  In fact, about half of all Americans could not even write a $500 check for an unexpected emergency expense if they had to do so right now.
#8 The bond market is already crashing.  Most casual observers only watch stocks, but the truth is that a bond crash almost always comes before a stock market crash.  Bonds have been falling like a rock since Donald Trump’s election victory, and we are not too far away from a full-blown crisis.  If you follow my work on a regular basis you know this is a hot button issue for me, and if bonds continue to plummet I will be writing quite a bit about this in the weeks ahead.
#9 On top of everything else, we could soon be facing a new debt ceiling crisis.  The suspension of the debt ceiling has ended, and Donald Trump could have a very hard time finding the votes that he needs to raise it.  The following comes from Bloomberg…
In particular, the markets seem to be ignoring two vital numbers, which together could have profound consequences for global markets: 218 and $189 billion. In order to raise or suspend the debt ceiling (which will technically be reinstated on March 16), 218 votes are needed in the House of Representatives. The Treasury’s cash balance will need to last until this happens, or the U.S. will default.
The opening cash balance this month was $189 billion, and Treasury is burning an average of $2 billion per day – with the ability to issue new debt. Net redemptions of existing debt not held by the government are running north of $100 billion a month. Treasury Secretary Steven Mnuchin has acknowledged the coming deadline, encouraging Congress last week to raise the limit immediately.
If something is not done soon, the federal government could be out of cash around the beginning of the summer, and this could create a political crisis of unprecedented proportions.
#10 And even if the debt ceiling is raised, that does not mean that everything is okay.  It is being reported that U.S. government revenues just experienced their largest decline since the last financial crisis.
#11 What do corporate insiders know that the rest of us do not?  Stock purchases by corporate insiders are at the lowest level that we have seen in three decades…
It’s usually a good sign when the CEO of a major company is buying shares; s/he is an insider and knows what’s going on, so their confidence is a positive sign.
Well, according to public data filed with the Securities and Exchange Commission, insider buying is at its LOWEST level in THREE DECADES.
In other words, the people at the top of the corporate food chain who have privileged information about their businesses are NOT buying.
#12 A survey that was just released found that corporate executives are extremely concerned that Donald Trump’s policies could trigger a trade war…
As business leaders are nearly split over the effectiveness of Washington’s new leadership, they are in unison when it comes to fears over trade and immigration. Nearly all CFOs surveyed are concerned that the Trump administration’s policies could trigger a trade war between the United States and China.
A decline in global trade could deepen the economic downturns that are already going on all over the planet.  For example, Brazil is already experiencing “its longest and deepest recession in recorded history“, and right next door people are literally starving in Venezuela.
After everything that you just read, would you say that the economy is “doing well”?
Of course not.
But after raising rates on Wednesday, that is precisely what Federal Reserve Chair Janet Yellen told the press…
“The simple message is — the economy is doing well.” Federal Reserve Chair Janet Yellen said at a news conference. “The unemployment rate has moved way down and many more people are feeling more optimistic about their labor prospects.”
However, after she was challenged with some hard economic data by a reporter, Yellen seemed to change her tune somewhat…
Well, look, our policy is not set in stone. It is data- dependent and we’re — we’re not locked into any particular policy path. Our — you know, as you said, the data have not notably strengthened. I — there’s noise always in the data from quarter to quarter. But we haven’t changed our view of the outlook. We think we’re on the same path, not — we haven’t boosted the outlook, projected faster growth. We think we’re moving along the same course we’ve been on, but it is one that involves gradual tightening in the labor market.
Just like in 2008, the Federal Reserve really doesn’t understand the economic environment.  At that time, Federal Reserve Chair Ben Bernanke assured everyone that there was not going to be a recession, but when he made that statement a recession was actually already underway.
And as I have said before, I wouldn’t be surprised in the least if it is ultimately announced that GDP growth for the first quarter of 2017 was negative.
Whether it happens now or a bit later, the truth is that the U.S. economy is heading for a new recession, and the Federal Reserve has just given us a major shove in that direction.
Is the Fed really so clueless about the true state of the economy, or could it be possible that they are raising rates just to hurt Donald Trump?
I don’t know the answer to that question, but clearly something very strange is going on…
12 Reasons Why The Federal Reserve May Have Just Made The Biggest Economic Mistake Since The Last Financial Crisis was originally published on Alternative News und Medien
0 notes