O the huge manatee!
Posted on 08/13/2007 1:34:22 PM PDT by Delacon
Somebody is paying attention !
Wonder if this has any bearing on the Iraqi ‘refugees’ he’s sending for , [ last rumored at least 100,000 ] ? We will have to cough up the money for more foot baths and schools rooms, rugs and prison mosques if this is true .
If that the correct description, whatever you call it, it is caused by falling demand for housing.
If you combine one million legal plus one half million illegal immigrants per year, for quite a number of years, that has been the underlying driver on housing demand. As the level of illegal immigration has dwindled over the last year, housing demand has fallen. And if there is an exodus of illegals, there will be further dwindling of housing demand.
In Kerkorian's original essay on attrition theory, in 2005, he explained that physically removing the illegals would crash the economy. How the illegals are removed is irrelevant. Whether they are deported or self-deport, losing what they produce and consume will have negative effect on the economy. Especially in CA, TX, FL, IL, and AZ.
P.S. The first one on here that says Bush can issue an EO for this is going to get slapped upside the head with a Civics 101 textbook.
“I think Rove’s departure is going to be very bad on this.
James Baker apparently is one of the proponents on this illegal alien amnesty. (per a comment on FNC today)”
I doubt Rove’s departure is related to this issue. He’s been one of the (maybe THE) main proponents of pandering to Hispanics, and the belief the the future of the Republican party lies in attracting more Hispanic voters or the party will be a long term minority party.
Then many others, including me, believe that is the worst possible strategy, and that their amnesty scheme would have assured a long term Dem majority with all the new Hispanic voters.
Since the big “now we’ll enforce the law” announcement, I’ve suspected exactly what the NR article lays out. We’ll soon hear incessant whining and moaning from employers and the administration about how crops are rotting in the fields and the economy is being terribly harmed. - I say let ‘em whine and moan, and let employers make the market adjustments they should have made years ago.
And call our Reps. and Senators even more often than while defeating the Shamnesty Act.
That’s not really a significant driver of the subprime meltdown. Most of these mortgages are on properties purchased by US citizens who couldn’t really afford them. The individual mortgages were time-bombs to begin with, and when sliced and diced into complex mortgage-backed securities and purchased by hedge funds using significant amounts of leverage, the fuse was lit on the whole pile.
None of this stuff that the Administration is now doing is worth a didly-squat without THE FENCE -— and they know it.
“In Kerkorian’s original essay on attrition theory, in 2005, he explained that physically removing the illegals would crash the economy. How the illegals are removed is irrelevant. Whether they are deported or self-deport, losing what they produce and consume will have negative effect on the economy. Especially in CA, TX, FL, IL, and AZ.”
All the more reason to get tough and enforce the law now, something we should have been doing for years. And the states you name have been the economic beneficiaries (at least the hirers of illegals) of illegal alien employees, and they should pay the biggest price as adjustments are made.
Otherwise, the problems now in those states will be in more and more states, and eventually the entire nation. It’s like cancer surgery, tough, but necessary for longer term benefit.
Like one racist latino group bragged, ‘ the whites are old and dying, they are not having babies,the population will soon be in our control , the white man is shitting in his pants ‘.
The sub-prime market financing has been being used for quite a while. Up until now, demand has kept prices up and rising, preventing anyone from getting caught. When demand fell, many got caught holding the bag.
Yes, there have been a few cases where this administration has been less principled than I would prefer. (That is why I used the modifier "generally" to describe its principled state.) Its hands-off approach toward Iran is another instance that leaps to mind--though that hardly seems so Machiavellian.
In the end, however, I am a bit ambivalent in evaluating this theory.
The dog threw him in the cat box.
What bluff? Who was bluffing?
bttt
Labor needs, if any, and immigration, are separate issues that properly have nothing whatsoever to do with border security.
Why am I not surprised...wonder how much Senor Fox paid the Baker 'consulting' firm over the years...
" You say illegal aliens are attempting to murder ICE
agents and are setting fire to forests and fields
along the border to distract U.S. Border Patrol
Agents to make their crossing easier, and
throwing Molotov cocktails at US agents’ vehicles,
and setting fire to their observation posts? "
"I'm the Homeland Security Chief. What do you want me to do about it? "
Hope so. My neighbor's boy, a construction supervisor, was fired because he couldn't speak Spanish.
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