Free Republic

Shortened title. Full title: Sessions’ Committee Estimates: Clinton Refugee Admissions Could Populate Baltimore, Cost $400 Billion in First Term Hillary Clinton’s plans to expand the number of refugees admitted to the United States could equate to 620,000 refugees over a single four-year term in office, at a lifetime cost to the taxpayer of over $400 billion, according to an analysis by the Subcommittee on Immigration and The National Interest. The analysis, released Monday, charges that Clinton’s plan to admit at least 65,000 Syrian refugees, above the existing annual refugee stream, could find a Clinton presidency admitting 155,000 new refugees each...

$400 bn more losses at US banks: JP Morgan 21 Apr 2009, 0010 hrs IST, REUTERS NEW YORK: JP Morgan Securities said it estimates US banks to incur $400 billion more in losses from the credit crisis and expects there will be need for more capital for certain institutions. "We expect that total losses could reach $1.3 trillion. Banks so far have taken writedowns and losses of $920 billion, so they are roughly 70 percent through with total losses," the brokerage wrote in a note to clients. The bulk of the bank losses will come from loan books and less...