CRS Report: Wages Declined As Immigration Surged Photo of Rachel Stoltzfoos

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RACHEL STOLTZFOOS

Reporter

Wages and share of income for the bottom 90 percent of American wage-earners declined over the past 40 years, as the foreign-born population increased dramatically, data requested by the Senate Judiciary Committee shows.

Since 1970, the foreign-born population of the U.S. increased 325 percent, the Congressional Research Service found, while wages for the bottom 90 percent of earners decreased by 8 percent and their share of income by 16 percent. (RELATED: Media Ignores Evidence Americans Want To Reduce Legal Immigration)

Wisconsin Gov. Scott Walker weathered sharp criticism from Democrats and some conservatives this week after saying immigration policy should put American workers first. (RELATED: Liberal Media CAN’T EVEN Over Walker’s Immigration Stance)

“In terms of legal immigration … it is a fundamentally lost issue by many in elected positions today, is what is this doing for American workers looking for jobs, what is this doing to wages,” he told Glenn Beck in an interview, reported by Breitbart News.

The CRS charted the correlation between wages and the number of foreign-born workers in the U.S. between 1945 and 2010. Before 1970, wages rose sharply as the number of foreign-born persons declined. But after 1970, that population increased dramatically as wages stagnated, increased slightly and then dropped.

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From 1945 to 1970 wages for the bottom 90 percent of earners increased by 82.5 percent, and their share of income rose slightly, while the foreign-born population in the U.S. fell by 11.2 percent to 9.7 million.

But between 1970 and 2013, the foreign-born population increased by 324.5 percent to 31.6 million people. At the same time wages fell by 7.9 percent and share of income by 15.5 percent to 53 percent of total income.

The foreign-born population will reach 51 million by 2023, which is the largest share of total population ever recorded in American history, the U.S. Census Bureau recently projected.

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Nearly one in five U.S. residents will be an immigrant by 2060, largely because of legal immigration, not illegal immigration, a Center for Immigration Studies analysis of the Census data found. And immigrants will account for 82 percent of population growth in the U.S. from 2010 through 2060.

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BREAKING: The Real Reason Osama Bin Laden’s Death Photos Weren’t Released

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According to a new report the “real reason” that the photos of Osama bin Laden’s body were never released by the White House following his death was because it was riddled with “magazines-worth” of bullet holes.

The SOFREP (Special Operations Forces Situation Report) article cites two anonymous sources to dispute a passage from the book No Easy Day, written by SEAL Team 6 operator Matt Bissonnette, that claimed his body only had “several rounds” in it.

“In his death throes, he was still twitching and convulsing. Another assaulter and I trained our lasers on his chest and fired several rounds,” the book recalled.

However the SOFREP report called Bissonnette’s account of the incident “polite” and described a much more grueling scene as the terror leader met his demise:

But this is perhaps the most measured and polite description that one could give of how operator after operator took turns dumping magazines-worth of ammunition into Bin Laden’s body, two confidential sources within the community have told us. When all was said and done, UBL had over a hundred bullets in him, by the most conservative estimate.

From there the author of the article went on to question if what the SEALs did was legal or if it was something that may have been more sinister at play. Jack Murphy wrote that “Provided the enemy is not surrendering, it is morally, legally, and ethically appropriate to shoot the body a few times to ensure that he is really dead and no longer a threat.”

(Read More: Leaked Memo: Bin Laden Wasn’t Buried At Sea, Transported to CIA Headquarters)

However with that in mind he said the SEAL operators actions were “excessive” and that they amounted to “pure self-indulgence.”

He continued, saying “You may not care if Bin Laden got some extra holes punched in him, few of us do, but what should concern you is a trend within certain special operations units to engage in this type of self-indulgent, and ultimately criminal, behavior.” He added that “Gone unchecked, these actions get worse over time.”

Granted, this is simply a report citing unnamed sources however it would provide a solid reason as to why the photos of UBL were never released and why the administration is still adamant about not letting the public see them. As Murphy wrote in his article “The picture itself would likely cause an international scandal, and investigations would be conducted…”

“Now you know the real reason why the Obama administration has not released pictures of Osama Bin Laden’s corpse,” he concluded. “To do so would show the world a body filled with a ridiculous number of gunshot wounds.”

On the #Gredge: Greece and EU finance ministers fail to reach deal in Riga

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Grexit? Gredge? Graccident? Grimbo? Each clever hashtag to describe Greece defaulting and leaving the eurozone is becoming more a reality, after talks between Greece and its EU creditors to unlock €7.2 billion for Athens to pay off its IMF debt failed.

“A comprehensive deal is necessary before any disbursement can take place,” Eurogroup President Jeroen Dijsselbloeme said at the press conference in Riga following the meeting Friday. “Responsibility for that relies mainly on Greece,” he said, adding that too much time was lost during the past 2 months.

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Greece’s four month bailout extension expires in June.

Eurozone finance ministers held Greek debt talks in Riga, Latvia to discuss unlocking bailout funds, so Greece can pay its next $450 million repayment on an IMF loan. The bailout will help Greece’s struggling economy live through several debt repayments due over the course of the next two months. The euro declined on the news of no deal.

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The next summit will be held in May.

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While the talks were in progress, Greek Finance Minister Yanis Varoufakis published a blog post that said he was ready to meet demands. The post was called ‘A New Deal for Greece.’

“The current disagreements with our partners are not unbridgeable,” Varoufakis said in his blog, also saying Greece will agree to sell national assets to raise money and that his country’s tax system must be reformed. However, the finance minister stood firm against further wage and pension cuts.

Friday April 24 marks the day that was set as a deadline for the framework agreement over the terms of a new loan. Greek Prime Minister Alexis Tsipras met with German Chancellor Angela Merkel in Brussels on Thursday, and both agreed they wanted to reach a deal by the end of April.

European finance ministers are waiting for a more concrete list of measures from Greece to reach a preliminary agreement on financing the country’s economy and external debt.

Ahead of the meeting, several finance ministers said there will be no deal. European Vice-President Valdis Dombrovski and German Finance Minister Wolfgang Schauble both said there was not enough progress to release the funds.

Is Greece leaving the eurozone?

Varoufakis said that in order for Greece to remain in the eurozone, international lenders have to work with Athens to lessen the grip of austerity. The two sides have yet to set budget targets for 2015.

Read more

Greece offers 5 key points for consensus with intl creditors

Despite the gloomy attitude of officials, before the announcement, markets were heating up on a potential agreement. The euro hit a two week high and Greek banks that rely on the tranche being released saw shares rise 8 percent. The Athens stock market advanced 3 percent in early trading.

Investor confidence leading up to the meeting was also high after Wednesday’s decision by the European Central Bank to increase the emergency liquidity assistance (ELAs) facilities Greek banks can borrow as a lifeline for its lending institutions. According to a Greek banking official, the ECB raised the Greek Central Bank’s lending capacity to €75.5 billion ($81.2 billion) up from €74 billion last week.

Greek government bonds also rose slightly, decreasing the yield on debt. Yield on Greece’s 2-year debt fell to 24.6 percent from 25.4 percent on Thursday evening.

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Greece is scheduled to make several payments to the IMF in the next few months. On May 1 €203 million is due, another €770 million on May 12, and about another €1.6 billion in June in Special Drawing Rights (SDRs), an artificial currency created by the IMF that the institution uses to give out extra funds.

Authorities in Greece made a €448 million payment to the IMF on April 9, on schedule.

The Syriza party won elections in January on the promise to stay in the eurozone, but renegotiate the country’s €316 billion debt.