Archive for February 2nd, 2009
Bailedout Banks Outrageous and Irresponsible Behaviour–E-Verify All Their Employees Now!
Obama Blasts Wall Street Bonuses
Wall Street Execs Get $61.2 Billion Glad You Bailed Them Out?
President Obama Gives the Business to “Shameful” Wall Street
For a new era of responsibility–E-Verify All Bank Employees Now!
How dare they?
Require any business in the U.S. to E-Verify all new hires and then E-Verify all existing employees.
Remove all illegal immigrants employed at the business to their country of origin and replace the workers with Americans!
The reality is the Federal Government should not be bailing out any companies, businesses and banks.
Also, it is not the Federal Government’s business to set wages or prices or bonuses–it is none of the Federal Government’s business.
The Federal Government, namely, Congress, created this mess in the first place by insisting that banks make mortage loans to people who should not have gotten loans in the first place.
Then the loans were packaged and sold to Fannie May and Freddie Mac as well as investors world wide.
These toxic loans were the direct result of an irresponsible Congress insisting on wide home ownership:
The Democrats and Obama caused the financial crisis of 08 by supporting Fannie Mae and Freddie Mac and covering up their bad books.
Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis
EVIDENCE FOUND!!! Clinton administration’s “BANK AFFIRMATIVE ACTION” They forced banks to make BAD LOANS and ACORN and Obama’s tie to all of it!!!
Explosive Video, Fannie Mae CEO calling Obama and the Dems the “Family” and “Conscience” of Fannie Mae
Follow the Money: How Fannie Mae Bought the Democrat Party
Mark Zandi on the Risky Loans Behind the Meltdown
How dare you Mr. President and those in Congress be outraged–you are responsible for this mess as our the bastards on Wall Street that contributed to your campaign.
The American people are outraged at the politcal elites irresponsible behaviour including yours and both the Democratic and Republican Parties.
The bonuses you are so outraged about are partially used to make campaign contributations–most to the Democratic Party.
Give me a break.
You are all a bunch of hypocrites.
Obama Ranks Second In Freddie/Fannie Contributions
Obama: Self-Righteous Clown Hurt FanMae
ACORN caused mortgage crisis and bailout
Looks like the drug cartels may be making payoffs to politicians, given the lack of funds for enforcing the drug laws along the US border.
Cash connects cartels, crime and corruption.
Where do you think all those cash campaign contributions were coming from besides Wall Street?
Glenn Beck On Mexico Border Wars
The Mexico Drug Cartel Methamphetamine Connection
Mexican Drug Smugglers Routinely Released in Arizona
LOU DOBBS TONIGHT 03.14.07 – Drug Smugglers Get a Pass
AP Investigation: Bailed-out banks sought to hire 21,800 foreign workers in past 6 years
“…SANTA CLARA, Calif. – Major U.S. banks sought government permission to bring thousands of foreign workers into the country for high-paying jobs even as the system was melting down last year and Americans were getting laid off, according to an Associated Press review of visa applications.
The dozen banks now receiving the biggest rescue packages, totaling more than $150 billion, requested visas for more than 21,800 foreign workers over the past six years for positions that included senior vice presidents, corporate lawyers, junior investment analysts and human resources specialists. The average annual salary for those jobs was $90,721, nearly twice the median income for all American households.
As the economic collapse worsened last year — with huge numbers of bank employees laid off — the numbers of visas sought by the dozen banks in AP’s analysis increased by nearly one-third, from 3,258 in the 2007 budget year to 4,163 in fiscal 2008. …”
http://www.startribune.com/business/38772107.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUl
Background Articles and Videos
Obama Blasts Wall Street Bonuses
The President calls payouts as firms seek bailouts “the height of irresponsibility”
On Jan. 29, in brief but stern remarks in the Oval Office, President Barack Obama called the bonuses “shameful” and “the height of irresponsibility.” Obama, sitting with Treasury Secretary Timothy Geithner, made clear that executive compensation—already expected to be a central focus of the new Congress—would be a key factor in his economic team’s proposals to stabilize the financial system and improve regulation in the sector. But “part of what we’re going to need is for folks on Wall Street who are asking for help to show some restraint, and show some discipline, and show some sense of responsibility,” he said. …”
Banks Try New Ways to Handle Bonuses
By LOUISE STORY and ERIC DASH
“…But this bonus season is shaping up to be like no other. The normal buzz of money — big money — is all but silenced. While many bankers will still collect six- or even seven-figure bonuses, the average payout for rank-and-file employees will be cut substantially.
The changes are palpable. Like a growing number of senior executives, Jamie Dimon of JPMorgan Chase and Robert E. Rubin of Citigroup will not request bonuses, people familiar with their plans said.
Goldman Sachs will cap its partners’ cash payouts at $222,000, although it will also pay them in stock.
http://www.nytimes.com/2008/12/19/business/worldbusiness/19bonus.html
It’s Not the Bonus Money. It’s the Principle.
“…And on the ninth day, the president jawboned.
How else to describe what President Obama did on Thursday, his ninth day in office? Angered by news that Wall Street was doling out $18.4 billion in bonuses for 2008 — “the sixth-largest haul on record,” according to a front-page article in The New York Times, despite billions upon billions in losses — the president called reporters in and looked sternly into the cameras. Then he unloaded on Wall Street executives, just as President John F. Kennedy once unloaded on the country’s steel barons.
“That is the height of irresponsibility,” Mr. Obama said sharply, referring to the bonuses. “It is shameful.” Wall Street, he said, was coming to the government for badly needed help — which taxpayers were providing because otherwise “the entire system could come down on top of our heads” — and the government had a right to expect in return that Wall Street would “show some restraint and show some discipline and show some sense of responsibility.” After going on in this vein for a while, he slapped around Citigroup for agreeing to take that new $50 million corporate jet after agreeing to a huge bailout in November. The government’s demand that the plane be canceled should have been unnecessary “because they should know better,” he scolded. …”
http://www.nytimes.com/2009/01/31/business/31nocera.html?em
Malkin, Moore, and Kirsten Powers Talk Border with Beck!
Related Posts On Pronk Palisades
President Obama Delays E-Verify–Shame On You Mr. President!
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President Obama Delays E-Verify–Shame On You Mr. President!
Reps. Roskam and Shuler urge Obama not to delay E-Verify Requirement
The E-Verify program
The E-Verify program – fast, easy and accurate
The E-Verify program
NumbersUSA Action
http://www.numbersusa.com/content/
Phone your Representative in Congress and Senator and ask if they support making E-Verify mandatory to determine whether an employee is legally authorized to work in the United States.
Call the White House and ask why President Obama needs time to rethink E-Verify?
With over 11 million unemployed Americans, all illegal immigrants not authorized to work in the United States should be removed to their country of origin.
The first step is to use E-Verify to determine whether an employee is authorized to work in the United States.
What is there to think about Mr. President?
The Executive Order should not be delayed, it should be expedited.
Appears President Obama is worried about offending all his future illegal alien voters.
I guess if you are an unemployed American you are now a second class citizen.
Illegal aliens working in the US are protected by corrupt businessmen and politicians.
President Obama must protect all that cheap illegal immigrants labor working in the United States by not requiring businesses to use E-Verify.
Aiding and abetting a crime–illegal immigrants working in the US– is a crime and an impeachable offense.
Shame on you Mr. Obama.
Barack Obama: Immigration
Business as usual–this is neither hope nor change for millions of unemployed Americans.
If this is your idea of change Mr. President–give me a break.
President Obama enforce the law and honor the oath of office you took on January 20, 2009–twice!
Enforcing the law actually works in Del Rio,Texas.
Zero tolerance for illegal aliens in Del Rio.
Cconvicted illegal aliens arrested in US are sent to jail for six-months:
Glenn Beck:Texas Officials Begin Jailing Illegal Aliens
Amnesty Anarchy
Why E-Verify?
E-Verify is a free Internet-based system that allows employers to confirm the legal working status of new hires in seconds. With one click, E-Verify can match your new hire’s Social Security Number and other Form I-9 information.
E-Verify reduces unauthorized employment, minimizes verification-related discrimination, is quick and non-burdensome to employers, and protects civil liberties and employee privacy.
Initial verification returns results within 3 to 5 seconds.
Employers ran nearly 2 million employment eligibility verification queries in Fiscal Year 2006.
The top industries using E-Verify include food services and drinking places, administrative and support services, professional and technical services, other information services, and clothing and accessories stores.
Background Articles and Videos
Feds Delay E-Verify Deadline to May 21
Federal officials have agreed to postpone the start of the controversial E-Verify program until May 21 at the earliest. E-Verify would require federal contractors and subcontractors to use an Internet-based electronic verification system to confirm that prospective employees are legally eligible to work.
The Jan. 28 announcement by the Department of Homeland Security of the delay marks the second time the government has postponed the implementation of the mandate. It was originally set to go into effect Jan. 15, but the feds moved the date to Feb. 20 after the U.S. Chamber of Commerce filed suit Dec. 23 challenging the legality of the program.
The Obama administration Jan. 20 urged all executive departments and agencies to consider extending the effective date of published regulations that have not yet taken effect. The Chamber of Commerce then requested that the federal government postpone the new rule requiring federal contractors to use E-Verify.
“The federal government agreed that the new administration needs time to rethink mandatory E-Verify use, particularly in light of the stressed economy,” Robin Conrad, executive vice president of the National Chamber Litigation Center, said in a statement. “We are hopeful that the incoming administration will agree that E-Verify is the wrong solution at the wrong time.”
http://www.eweek.com/c/a/Government-IT/Feds-Delay-EVerify-Deadline-to-May-21/
Senators Sessions and Nelson Urge Senate Leadership to Include E-Verify in Stimulus Plan
Thursday, January 29, 2009, 4:42 PM
“…In a co-authored letter sent earlier today, Senators Jeff Sessions (R-AL) and Ben Nelson (D-NE) urged the Senate leadership to include provisions in the economic stimulus package that would require businesses using stimulus money to use E-Verify to ensure the jobs are going to American citizens. The House version of the bill, which passed last night, included an amendment requiring the use of E-Verify, but the current Senate version does not include it.
The letter comes one day after federal authorities agreed to delay the start of an order requiring federal contractors to use E-Verify. The start date was moved from Feb. 20 to no sooner than May 21. …”
E-Verify
“…E-Verify is currently a voluntary program run by the United States government to help certify that employees hired by companies are legally authorized to work in the United States. Formerly known as the Basic Pilot/Employment Eligibility Verification Program, the program is operated by the Department of Homeland Security in partnership with the Social Security Administration.
The program was set to expire in November 2008. The expiration period reflects uncertainty in Congress about the accuracy and collateral consequences of the verification program. New rules promulgated by the Department of Homeland Security presume that this program remains in effect for the foreseeable future. On September 30, 2008, President George W. Bush signed a continuing resolution (H.R. 2638) that would, among other things, extend the E-Verify program until March 6, 2009 with $100 million in funding. …”
http://en.wikipedia.org/wiki/E-Verify
E-Verify Program Update: 100,000 Employers Signed Up
“…US Dept of Homeland Security reports:
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E-Verify is an Internet-based system operated by the Department of Homeland Security (DHS) in partnership with the Social Security Administration
(SSA) that allows participating employers to electronically verify the employment eligibility of their newly hired employees. U.S. Citizenship and Immigration Services (USCIS) administers the program.
E-Verify
Lou Dobbs – Federal e-Verify Mandate
Lou Dobbs – Attempt to Block E-Verify
KNXV ABC15 – EVerify Story
Investigation finds illegal immigrants are often put back on US streets
Who is the Illegal alien lobby?
Out of Control: The Immigration Invasion (Part A / 1 of 3)
Out of Control: The Immigration Invasion (Part A / 2 of 3)
Out of Control: The Immigration Invasion (Part A / 3 of 3)
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