Dobbs -Bills To Stop Refugee Programs Stalled By Ryan, Trump Is Coming

BY RICK WELLS

Rep Brian Babin (R-TX) has two bills that he’s trying to get passed through the House, an effort that has been ongoing for him for about a year and a half. Both deal with the problems of an easily exploited “refugee” programthat is designed to fail and putting Americans at great risk. Rep Babin says, “We cannot afford to be so willfully blind and wind up in the same situation that Western Europe is in.

One of the bills puts an immediate stop to the refugee program completely until Congress can reclaim the responsibility. The second version stops the program from the radical terrorist hotspots  the other pauses refugees from terrorist nations.

Babin provides a lot of details but Lou Dobbs one question Rep Babin can’t provide an answer to. He asks, “What I don’t understand and what I’m asking is, why in the world won’t Ryan get behind it?” Rep Babin says he’s been acting as a surrogate speaker for President-elect Trump and once he comes into power, expects this “refugee” issue to have a pile-driver behind it.

The Congressman notes that the American people expect to have the program stopped, adding, “They do want to be safe, they expect their elected officials from the president on down to their Congress and Senators, their first duty is to national security and the health and safety of our US citizens.”

Dobbs cites the over $1.5 Billion spent on “refugee” processing and resettlement, money that is being driven by the UN, which determines the flow of terrorist interns and professionals into the United States. He points out that is a 73% increase under Hussein Obama, not including “the child welfare spending, the Social Security, the special programs there, temporary assistance for needy families.”

Mr. Dobbs says, “We have economically, financially incentivized these non-profits and some municipalities with their own resettlement programs, they’re being paid to bring in, poorly vetted if not unvetted “refugees” into their communities, are we not?”

Babin replies, “There is no question about it, Lou, it is a true Trojan horse.” He warns of ISIS exploitation and the dangers that are created by its politically correct nature.

Obama on pace to increase the debt by $2.4 trillion this year

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BY SIMON BLACK

OK, this is pretty nuts.

According to data released by the Treasury Department yesterday, the US national debt has soared by a whopping $294 billion since the start of the 2017 fiscal year, just 45 days ago.

That’s an annualized increase of 13%.

So if they keep up this pace, the national debt will increase by $2.4 trillion this fiscal year, surpassing $21 trillion by next September.

It’s hard to believe how rapidly the debt is growing; debt growth is far outpacing the growth of the US economy… and there’s no way to pretend that this is good news.

That doesn’t stop leading economists from trying.

Nobel Laureate Paul Krugman says “debt is good” because the US economy has grown so much over the last 200 years despite not having been debt-free since 1835.

This kind of logic is astonishing.

Aside from a few anomalies like World War II and the American Civil War, debt levels over most of early American history were low.

100 years ago in 1916, US debt was about $3.6 billion; as a percentage of GDP (i.e. the size of the US economy), that was about 7%.

Today’s debt of $19,867,119,032,053.28 is actually bigger than the entire US economy at over 106% of GDP.

Yet in Krugman’s view, the fact that America prospered a century ago when the debt was 7% of GDP means that the nation will continue to prosper with a debt at 106% of GDP.

Amazingly enough, Krugman has been awarded our society’s most esteemed prize for intellectual achievement. It boggles the mind.

To be fair, there is such a thing as “good debt” versus “bad debt”, and it’s not difficult to distinguish between the two.

If you can borrow money at 5% in order to make a safe investment that has a 25% return, for example, that may very well qualify as “good debt”.

If you borrow money at 5%… or even 1%… and then squander the borrowed funds on useless trinkets, that’s clearly “bad debt”.

In 1803, the startup US government negotiated the Louisiana Purchase from France, a real estate acquisition that doubled the size of the US.

It was the mother of all distress sales. France was desperate for cash, and the administration of Thomas Jefferson negotiated a price that valued the land at around $15 million.

Adjusted for inflation to 2016 dollars, Thomas Jefferson paid about 40 cents per acre to acquire the land that comprises fifteen states and has generated trillions in economic activity.

Naturally the US government had to borrow money that year to conclude the Louisiana Purchase with France, so the national debt increased slightly in 1804.

But when you consider the extraordinary economic benefit of that purchase, it clearly qualifies as “good debt”.

Fast-forward to our modern era and we see that the debt is increasing by more than a trillion dollars each year.

What are the good citizens of the United States receiving in exchange for taking on so much debt?

It’s not like the government bought up half of Mexico or colonized Mars.

No, instead they wasted $2 billion on the Obamacare website, most of which went to a company whose top executive just happens to be an old friend of Michelle Obama.

Today, the US government has to borrow money just to pay interest on the money it’s already borrowed. This is almost the textbook definition of bad debt…

In fact, the government now spends nearly all of its tax revenue just on mandatory entitlement programs like Social Security and Medicare, plus interest on the debt.

The real kicker is that Social Security and Medicare are massively underfunded and quickly running out of cash… so they’ll both require a major bailout (i.e. MORE debt).

Interest payments, meanwhile, total hundreds of billions of dollars each year even though interest rates are at record lows.

Today the government pays less than 2% interest on its debt.

Ten years ago in 2006, the average interest rate on US debt was over 5%.

Back then 5% was considered incredibly low compared to the higher interest rates of the 1980s and 1990s.

But today, 5% would bankrupt the US government. It’s pitiful.

So unless interest rates stay at these record lows forever (or perhaps go negative), the government’s interest payments are going to explode.

Debt… particularly bad debt… is an absolute killer.

Excess debt has been responsible for bringing down some of the largest companies in the world. It bankrupts individuals.

And excess debt has caused the decline of some of the largest superpowers in the history of the world.

There are a lot of people, led by their cheerleader Paul Krugman, who outright ignore this problem and pretend that the US government can continue expanding its debt forever without ever suffering a single consequence.

And I know there are a lot of people keeping their fingers crossed hoping that a new administration will steer the ship in the right direction.

Look, I’m all for hope and optimism.

But it’s important to stay rational. These problems aren’t going away.

And you won’t be worse off for having a Plan B that provides solid protection from the consequences of these obvious trends.

Do you have a Plan B?

If you live, work, bank, invest, own a business, and hold your assets all in just one country, you are putting all of your eggs in one basket.

You’re making a high-stakes bet that everything is going to be ok in that one country — forever.

All it would take is for the economy to tank, a natural disaster to hit, or the political system to go into turmoil and you could lose everything—your money, your assets, and possibly even your freedom.

Luckily, there are a number of simple, logical steps you can take to protect yourself from these obvious risks:

$221,692,000,000: Federal Taxes Set Record for Month…

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BY TERENCE P. JEFFREY

$221,692,000,000: Federal Taxes Set Record for October; $1,459 Per Worker; Feds Still Run Deficit of $44,192,000,000

(CNSNews.com) – Federal tax revenues set an all-time record of $221,692,000,000 for the month of October, according to the newly released Monthly Treasury Statement.

In constant 2016 dollars that is the most taxes the federal government has ever collected in October, which is the first month of the fiscal year.

The record $221,692,000,000 in taxes collected this October was up $6,718,330,000 from the $214,973,670,000 in constant 2016 dollars that the Treasury collected in October 2015.

Despite bringing in record tax revenue of $221,692,000,000 this October, the federal government ran a deficit of $44,192,000,000 during month. That is because federal spending in October was $265,884,000,000.

The record $221,692,000,000 in federal taxes for October equaled approximately $1,459 for every person who had either a full- or part-time job during the month. (According the Bureau of Labor Statistics, the total number of people employed in the United States in October was 151,925,000.)

The $44,192,000,000 deficit the federal government ran while collecting record tax revenue for October equaled approximately $291 for each person with a full- or part-time job.

The second highest federal tax haul in any October came in 2014, when the U.S. Treasury brought in $216,934,990,000 in tax revenue in constant 2016 dollars. The third highest was October 2015, when the Treasury brought in $214,973,670,000; and the fourth highest was October 2001, when the Treasury brought in $214,249,290,000.

Americans paid $121,576,000,000 in individual income taxes in October, according to the Monthly Treasury Statement. That accounted for the largest share of the record $221,692,000,000 in taxes the Treasury collected during the month.

Americans also paid $79,361,000,000 in Social Security and other payroll taxes during Ocotber.

The income tax on corporations brought in $2,277,000,000 during October.

Excise taxes brought in $5,707,000,000.

The Treasury also collected $3,069,000,000 in estate and gift taxes.

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DEAD CAST BALLOTS IN CHICAGO…

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BY PAM ZEKMAN

CHICAGO (CBS) Susie Sallee was buried in 1998. Yet records show she voted in Chicago 12 years later.

Victor Crosswell died in 1994, but records show he’s voted six times since then.

And then there’s Floyd Stevens. Records show he’s voted 11 times since his death in 1993.

“It’s crazy,” Sharon Stevens Anderson, Stevens’ daughter, tells CBS 2’s Pam Zekman. “I don’t see how people can be able to do something like that and get away with it.”

Those are just a few of the cases CBS 2 Investigators found by merging Chicago Board of Election voter histories with the death master file from the Social Security Administration.

In all, the analysis showed 119 dead people have voted a total of 229 times in Chicago in the last decade.

Jim Allen, a city election board spokesman, says a majority of those dead voters were most likely clerical errors, involving family members with the same names and addresses.

“This is not the bad old days,” Allen says. “There are just a few instances here where a father came in for a son, or a neighbor was given the wrong ballot application and signed it.”

But in some cases, there was no clear explanation.

Take Tadeusz Ciesla. Records show he voted in 2010.

But his nephew Marek Ciesla says that’s impossible because he died in 1998.

“That’s a fraud,” he says.

Informed of the findings, Don Rose, a political consultant, says: “Some of these could be accidental or just some individual who says, ‘I really like such and such a candidate so I’m going to take advantage of this — vote until they stop me.’”

Allen says about 60,000 dead voters have been purged from the rolls over the last decade — but 2 Investigators found numerous examples of that not happening.

Earl Smith says he reported the 1997 death of his father, also named Earl Smith. But records indicate his father has voted twice after he died.

Allen says the board identifies and removes most dead voters.

“Any time you can clean up the rolls it helps reduce and eliminate the prospect of any kind of mistake or fraud,” Allen says.

Robert Sallee says he tried to do that by reporting his mother’s death multiple times.

“They’re just not taking her off the rolls,” he says.

 

Illegals seeking asylum up 900%, get Social Security, welfare, school loans…

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BY PAUL BEDARD

The number of illegals seeking asylum to gain easy access to the United States has jumped 900 percent in less than 10 years, greatly expanding the Immigration population receiving Social Security, school loans, green cards, welfare and other taxpayer funded services, according to figures from the U.S. Citizenship and Immigration Services.

While about 8,000 mostly Latin Americans in 2009 sought asylum, the number is expected to reach 80,000 or more this year, according to a projection from the Center for Immigration Studies.

The report said 80 percent come from just three countries that have already flooded the border with youths and young families, El Salvador, Guatemala and Honduras. Most claim a fear of torture, abuse, or retaliation, fulfilling the U.S. requirement that they must voice some credible fear of returning home.

Debt Under Obama Up $9,000,000,000,000…

BY TERENCE P. JEFFREY

(CNSNews.com) – The federal government passed a fiscal milestone on the first business day of fiscal 2017—which was Monday, Oct. 3—when the total federal debt accumulated during the presidency of Barack Obama topped $9,000,000,000,000 for the first time.

On Jan. 20, 2009, when Obama was inaugurated, the total debt of the federal government was $10,626,877,048,913.08, according to data published by the U.S. Treasury.

As of the close of business on Friday, Sept, 30, the last day of fiscal 2016, the total federal debt was $19,573,444,713,936.79. At that point, the total federal debt had increased under Obama by $8,946,567,665,023.71.

On Monday, Oct. 3, the first business day of fiscal 2017, the total federal debt closed at $19,642,949,742,561.51. At that point, the debt had increased under Obama by $9,016,072,693,648.43 from the $10,626,877,048,913.08 it stood at on the day of Obama’s inauguration.

As of the close of business, on Wednesday, Oct. 5—the latest day for which the Treasury has reported—the total federal debt was $19,663,411,497,797.40. That means that so far in Obama’s presidency, the federal debt has increased $9,036,534,448,884.32.

Given that there were 118,215,000 households in the United States in June (the latest estimate from the Census Bureau), the $9,036,534,448,884.32 increase in the federal debt under Obama so far equals approximately $76,442 per household.

The Treasury divides the total debt into two major parts: “debt held by the public” and “intragovernmental debt.” Debt held by the public are U.S. government securities—including bills, notes and bonds—held by individuals and institutions outside the U.S. government. Intragovernmental debt is the money that the Treasury has borrowed and spent out of federal government trust funds such as those for the Social Security program.

According to the Treasury, during Obama’s time in office so far, the “debt held by the public” has climbed from $6,307,310,739,681.66 on Jan, 20, 2009 to $14,170,897,492,757.91 on Oct. 5, 2015. That is an increase of $7,863,586,753,076.25—or about 125 percent.

The amount that President Obama has increased the total federal debt so far–$9,036,534,448,884.32—is $4,137,434,138,275.88 more (or 84 percent more) than President George W. Bush increased the debt during his full eight years in office.

When President George W. Bush took office on Jan. 20, 2001, the total federal debt was $5,727,776,738,304.64. During his eight years as president it increased by $4,899,100,310,608.44 to $10,626,877,048,913.08

It took the United States, which declared independence in 1776, 231 years to accumulate its first $9,000,000,000,000 in debt—with the debt first surpassing that level on the last day of August 2007.

On August 31, 2007, the total federal debt was $9,005,648,561,262.70, Since then it has grown by $10,657,762,936,534.70 (or approximately 118 percent) to the current level of $19,663,411,497,797.40

Obama’s Central America Illegals – Better Deal Than Average SS Recipient

BY RICK WELLS

It seems there are two different kinds of dependents when it comes to federal taxes. There’s the kind you can deduct a set dollar figure from the amount due and there’s the kind you have to pay for. The ones you can deduct are the family members that you’re supporting throughout the year. The other ones are non-family members, that we’re also supporting, involuntarily. They’re the kind that of dependent that our confiscated income is given to by the Democrats as partial financing of their invasion, their plan to eliminate the white and Christian faces of America.

In Hussein Obama’s budget for the this upcoming fiscal year, which begins October 1st, he has budgeted $17,613 for each of what they have estimated will be 75,000 teenagers they are importing from Central America. If your tax bill was in the neighborhood of $17,613, you didn’t pay down the national debt, you didn’t fund the military, you didn’t even pay to patrol the border. You paid to reward illegals for violating our immigration laws at the invitation of the criminal leadership at DHS and in the White House. All of your taxes, the confiscated wealth, was redistributed to foreigners violating our national sovereignty.

As noted by the Washington Examiner, that is $2,841 dollars more than the average $14,772 a Social Security recipient receives and they never contributed a dime to the system. All they had to do was get across the border and the Obama criminals took over from there. The total bill to taxpayers just for the “unaccompanied children” scam is $1.3 billion.

But there’s more waste and insult where that came from. The report from the Center For Immigration Studies also lists another $2.1 billion for refugees, another meaningless category for Central Americans who were able to become de facto US citizens by saying the magic words to a border agent, “credible fear.”

Then there’s the most ridiculous of all the outrageous lawbreaking by the Obamanistas, a program where, in conjunction with our what Obama presents as our international rulers, the UN, we simply buy tickets for illegals and give them to them in their home countries to save them the bother and risk of an a trip across Mexico. Once they’re here, they are awarded special legal status, again, in violation of the law by junior dictator in training, Jeh Johnson.

In  January of 2016 John Kerry declared, “I am pleased to announce that we have plans to expand the U.S. Refugee Admissions Program in order to help vulnerable families and individuals from El Salvador, Guatemala and Honduras and offer them a safe and legal alternative to the dangerous journey that many are tempted to begin, making them at that instant easy prey for human smugglers who have no interest but their own profits.” Just declare an exemption from the law and do whatever you damn well please, right, Kerry?

The report, “Welcoming Unaccompanied Alien Children to the United States,” exposes the regime’s importation of hundreds of thousands of mostly 16 and 17-year-old males who do not qualify under any standard definition of a refugee. Even more damning, if possible, the report indicates that 80 percent of the unaccompanied children are placed with illegal alien sponsors inside the US.

So we’re not only bringing in the new adolescent illegals on the taxpayer dime, we’re rewarding those who violated our laws before them with reunification.

The report’s author, Nayla Rush noted that “Children will be able to qualify for refugee status and then be flown to the United States. Refugees receive automatic legal status and are required to apply for a green card within their first year following arrival. Five years following their date of entry they can apply for citizenship.

The children become imported anchor babies who can then reward their parents for violating America’s sovereignty and cutting to the front of the line with citizenship. This Obama crime syndicate are very creative in their assault on the American people. They are quite the racketeers. They belong where most racketeers eventually end up, federal prison.