Lying About The Numbers

Townhall posted an article today about the number of people who are in America illegally. The mainstream media frequently states that there are 11 million people in America illegally. That is the number being used when amnesty for everyone here illegally is discussed. But it is interesting to consider that 11 million was the number given during the 1990’s when the late Congresswoman Barbara Jordan (D-TX) held her commission on immigration reform back. Are we to assume that the number has not increased since then? Somehow I doubt that.

In January, Breitbart reported the following:

Roughly 14.5 million illegal aliens live across the United States, costing American taxpayers about $134 billion every year, a new study reveals.

An annual study released by the Federation for American Immigration Reform (FAIR) finds that the illegal alien population in the U.S. has grown by at least 200,000 since 2019 and has cost taxpayers an additional $2 billion since last year.

That is probably a low estimate of the number of people here illegally and the cost of having them here. To put the number of illegal aliens in perspective, the population of New York City is approximately 8 million. The population of America is approximately 328 million. What impact would granting citizenship to 11 million people who may not understand the government or the responsibilities of citizenship in America have on our country?

Townhall reports that the Tucker Carlson show on the Fox News reported the following:

The “U.S. Citizenship Act of 2021,” unveiled by Democrats earlier this month, would provide a pathway to citizenship for what many have said to be “11 million” currently illegal immigrants.

After pointing out studies from Yale and MIT suggesting the number is much higher, Carlson spent several minutes explaining how the bank Bear Stearns used bank transfers, remittances, and other data points to estimate the immigrant population “to be as high as 20 million” 16 years ago, in 2005.

“That was all 16 years ago,” Carlson said. “And now, in 2021, the party in charge is still assuring us that the number of illegal immigrants in this country has somehow declined by up to 10 million people. Could that be true?”

“How insulting is that, even to float that idea?” he continued. “Consider everything that has happened since 2006. Amnesty for the so-called dreamers, the promises of mass amnesty, the endless caravans. So the 11 million number is above all, a lie. The 11 million number is one of the more obvious lies ever told. We’re a TV show. We are not social scientists, and it took about an hour to find this out. It’s a ridiculous lie.”

I am in favor of changing our immigration laws to make it easier for people to come here legally. However, we are currently in the middle of a pandemic and the economic consequences of that pandemic. I would strongly suggest that we work to get Americans back to work and on their feet before we open the gates wide to allow more people to come to America.

 

Gangster Government???

Periodically I post an article on this website that deals with something I have no clue about. This is one of those articles. I understand some of the basics, but the details of this situation are very much in the financial weeds.

Peter Wallison was a guest on the Bill Bennett radio show this morning talking about some recent government actions against J P Morgan Chase. A website called bizjournals.com offers some insight as to what is going on.

The bizjournals article reports:

Warren Buffett came to the defense of JPMorgan Chase Chairman and CEO Jamie Dimon Tuesday even as the New York bank is reaching a $13 billion settlement with the Justice Department over the sale of mortgage-backed securities ahead of the financial crisis.

…”I think $13 billion is a lot of money, and I think Jamie has done a very good job of running JPMorgan,” Buffett said. “He helped out the economy enormously when he took on Bear Stearns and he didn’t get an indemnification clause. There wasn’t even time for that sort of thing.”

The thing to keep in mind here is that Jamie Dimon originally supported President Obama. Mr. Dimon became a critic of the Obama Administration after the Dodd-Frank bill was passed. The latest charge against JP Morgan is only one of several charges against JP Morgan that have come in the past three or four months.

Evidently the latest charge against JP Morgan is related to the fact that they sold sub-prime mortgages to investors. Somehow the government seems to have forgotten that they were the ones that demanded the writing of these sub-prime mortgages. Mr. Wallison also mentioned that many of the things JP Morgan is charged with are things they did not do, but that the companies they acquired at the request of the government did.

In his interview with Bill Bennett, Mr. Wallison noted that it is very worrisome that the government can go after a company in the way that they have gone after JP Morgan. This tactic could be used to discourage CEO’s of companies from speaking out against the policies of the government.

 

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