Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: welfare

Los Angeles Mayor Is Defiant Against Trump’s Executive Order Regarding Illegals

This article appeared online at TheNewAmerican.com on Wednesday, March 22, 2017:

Los Angeles Mayor Eric Garcetti (shown) has thrown down the gauntlet, defying President Donald Trump’s executive order issued in January, entitled “Enhancing Public Safety in the Interior of the United States.” That executive order provides a three-step procedure to ensure that illegals are apprehended and deported: 1) the “name and shame” list of illegals committing crimes in so-called “sanctuary cities”; 2) threat of legal action against officials endorsing “sanctuary city” policies; and 3) threat of withholding federal funds if they persist in resisting federal immigration enforcement officials from performing their duties.

Even the title of Garcetti’s own executive directive is a poke in Trump’s eye: “Standing with Immigrants: A City of Safety, Refuge, and Opportunity for All,” even if those “All” are among Los Angeles’ estimated 2.6 million illegals.

Garcetti opens with a summary of West Coast liberalism:

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Trump’s 2018 Budget Won’t Touch Social Security, Medicare

This article appeared online at TheNewAmerican.com on Monday, February 27, 2017:

English: The standard Laffer Curve

The standard Laffer Curve

Treasury Secretary Steven Mnuchin said on Fox News on Sunday that cuts in entitlement programs — i.e., Social Security and Medicare — won’t appear in the president’s budget: “We are not touching those now. So don’t expect to see that as part of this budget, OK? We are very focused on other aspects and that’s what’s very important to us.”

Trump’s budget for fiscal year 2018 (starting October 1, 2017) is expected to be presented to the House on Monday, March 13, just two weeks away. And there are a lot of moving parts that must be glued into place before then.

Those parts include

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Saudi Arabia’s Troubles Mount: Public Sale of Part of Aramco Delayed

This article appeared online at TheNewAmerican.com on Friday, February 17, 2017:

Saudi Aramco's headquarters complex in Dhahran...

Saudi Aramco’s headquarters complex in Dhahran, Eastern Province

Under Saudi Arabia’s “National Transformation Program” (NTP), being pushed by Deputy Crown Prince Mohammed bin Salman, the sale of up to five percent of the country’s crown jewel, Saudi Aramco (officially the Saudi Arabian Oil Company), would boost private employment and diversify the kingdom away from oil. The initial public offering (IPO), if and when it happens, would be the largest IPO in history and value Aramco at around $2 trillion, making it the largest publicly traded energy company in the world.

The funds raised would flow into a “sovereign wealth fund,” which would then invest in foreign and national companies in the private sector. This, it is hoped, would entice others to join in turning Saudi Arabia into more of a capitalist economy rather than a state-controlled one.

In Salman’s grand scheme,

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Study: Savings in Welfare Costs Could Pay for Trump’s Wall

This article appeared online at TheNewAmerican.com on Thursday, February 16, 2017:

On paper, the study entitled “The Cost of a Border Wall vs. the Cost of Illegal Immigration,” published by the Center for Immigration Studies (CIS), seems to make sense:

If a [southern] border wall stopped a small fraction of the illegal immigrants who are expected to come in the next decade, the fiscal savings from having fewer illegal immigrants in the country would be sufficient to cover the costs of the wall.

There are many assumptions built into Camarota’s analysis, but the big one not mentioned is this:

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Heritage Foundation Blames Obama Admin. for America’s Economic Decline

This article appeared online at TheNewAmerican.com on Wednesday, February 15, 2017:

The Heritage Foundation minced no words in commenting on its latest Index of Economic Freedom: America’s continuing decline is all Obama’s fault:

America’s standing in the index [now in 17th place, the lowest in history] has dwindled steadily during the Obama years. This is largely owed to increased government spending, [increased] regulations, and a failed stimulus program that enriched the well-connected while leaving average Americans behind.

For the ninth time in 10 years, America’s index has lost ground. Coming in above 80 in 2008, the United States’ current index is barely above 75, tying it with

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Venezuela’s Dictator Fires Head of Central Bank; Inflation at 1,600 Percent

This article appeared online at TheNewAmerican.com on Monday, January 23, 2017:

Nicolas Maduro

Venezuela’s Marxist dictator, Nicolas Maduro (shown), fired the head of his country’s central bank on Friday. Without fanfare or any public statement from either Maduro or his banker, Nelson Merentes, the firing is the latest move by the president to place the blame for the collapse of his country anywhere but where it belongs: on his socialist policies.

For months The New American has tracked the retrogression of a country which was once one of the leading economies in South America to a banana republic where people are starving, sick people are dying for lack of care, and a black market has replaced a once-thriving free economy. Last June, the New York Times was finally forced to admit the cause:

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Venezuela: Some Lessons Must be Learned Over and Over Again

This article was published by The McAlvany Intelligence Advisor on Monday, January 23, 2017:

George Santayana most famously said: “Those who cannot learn from history are doomed to repeat it.” But he wasn’t the only one. Aldous Huxley put it this way: “That men do not learn very much the lessons of history is the most important of all the lessons of history.” Said Samuel Taylor Coleridge: “If men could learn from history, what lessons it might teach us! But passion and party blind our eyes, and the light which experience gives us is a lantern on the stern which shines only on the waves behind.”

There’s a lesson being taught to the hapless and now helpless citizens (shown above) of Venezuela. It’s a lesson so often taught but not learned that one may, with great confidence, predict the final outcome.

On Friday Venezuela’s Marxist dictator, Nicolas Maduro, fired his banker,

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There is No “Permanent” Fix for Social Security

This article was published by The McAlvany Intelligence Advisor on Monday, December 12, 2016: 

Social Security Poster: old man

Social Security Poster:

There’s no doubt that Texas Representative Sam Johnson means well. He and his constituents are concerned about their financial futures and about the viability of Social Security as an important part of those futures. So on Thursday he offered his plan “to permanently save Social Security.” He calls it the “Social Security Reform Act.”

The plan doesn’t deserve a close look.

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Tax Foundation Rates Tax Plans of Trump and Clinton: Trump’s Plan Wins

This article appeared online at TheNewAmerican.com on Thursday, October 20, 2016:

Tax Foundation

Tax Foundation (Photo credit: Wikipedia)

Analysis by the Tax Foundation of all that is currently known about the tax plans proposed by presidential candidates Donald Trump and Hillary Clinton concludes that, if enacted, Clinton’s plan would expand government at the expense of a shrinking economy. On the other hand, Trump’s plan would grow the economy, shrink government’s revenues, raise wages, and expand employment.

But it’s not tax “reform,” claims the study’s author, Kyle Pomerleau,

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Social Security to Announce Tiny Increase in Benefits for Next Year

This article appeared online at TheNewAmerican.com on Tuesday, October 11, 2016:  

Seal of the United States Social Security Admi...

Next Tuesday the Bureau of Labor Statistics (BLS) will announce Social Security’s COLA (Cost of Living Adjustment) for 2017. It is widely anticipated to be between nothing and $3 a month for the average beneficiary.

But Medicare premiums (retirees are often expected to pay a monthly fee for coverage) for seniors receiving Social Security retirement benefits are expected to jump nearly $30 a month. That premium increase would reduce the average retirement benefit by about $25 a month, except that Congress had inserted a “hold harmless” provision into Medicare law. Instead, the premium increase will be funded by Medicare, thereby hastening the day when that part of Social Security runs out of money.

The statistics reflective of the current gradual liquidation of Social Security’s so-called Trust Fund are familiar to most recipients:

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Vulture Funds Expecting to Profit Handsomely from Puerto Rico’s Problems

This article was published by The McAlvany Intelligence Advisor on Monday, August 29, 2016:  

English: Map of Peuto Rico, with inset showing...

Map of Peuto Rico, with inset showing it’s position in relation to American continents.

George W. Plunkitt was not the world’s first dishonest politician, but he might have been one of the first ones to be honest about his dishonesty. Plunkitt was a Tammany Hall pol who served in the New York State Assembly and then in the New York State Senate around the turn of the 20th century. He called what he did – and what made him wealthy – “honest graft.” He defined “dishonest graft” as efforts to work solely for his own interests. “Honest graft,” on the other hand, was graft that worked for the interests of his own party.

He made his money by

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A Lesson in Free Market Economics – from Venezuela?

This article was published by The McAlvany Intelligence Advisor on Monday, August 15, 2016:  

Over the weekend, some 54,000 Venezuelan citizens living near the country’s border with Colombia poured over the Simon Bolivar Bridge so they could buy toilet paper, cosmetics, vitamins, and tires. Many brought empty suitcases, others brought packets of the nearly worthless Venezuelan bolivar currency, still others brought gold earrings, necklaces, and other personal valuables to exchange in local pawn shops for Colombian currency so they could spend it.

They were there to buy. And the merchants were ready to sell. As they exited the bridge on foot (cars won’t be allowed for at least another month) they were greeted with friendly Colombians

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What Would the Apostle Paul say About the Minimum Wage?

This article was published by The McAlvany Intelligence Advisor on Friday, August 5, 2016: 

One can surmise from his instructions to believers in the church in Thessalonica: “When we were with you, we gave you this rule: Whoever will not work should not be allowed to eat.” What’s less clear is: what if government mandates keep one from working, or keep employers from hiring those willing to work?

St. Paul assumed that people had the freedom to contract out their labor, to sell the one primary thing they possessed: their time and effort in exchange for money. He also assumed that employers, given the opportunity, were free to hire someone who could add value to their businesses.

Minimum wage laws abrogate that essential freedom, with all manner of negative results. One,

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More Proof: Raising the Minimum Wage Increases Unemployment

This article appeared online at TheNewAmerican.com on Thursday, August 4, 2016: 

If more proof were needed that raising the minimum wage would increase unemployment among lesser-skilled workers, the Heritage Foundation’s latest study provides it.

For one thing, the push for a national minimum wage of $15 an hour would actually cost employers $18.61 an hour, thanks to payroll taxes, unemployment insurance and ObamaCare taxes. The proposed increase, if passed into law, would, according to Heritage, impact one-third of all American workers, and hurt the most those working in lower-cost states.

The math is simple, and deadly.

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Latest CBO Report “Grim”; Offers No Solutions to National Debt

This article appeared online at TheNewAmerican.com on Friday, July 15, 2016:  

Ida May Fuller, the first recipient

Ida May Fuller, holding the first check from the Social Security Administration

On Tuesday, the Congressional Budget Office (CBO) published its annual report on the country’s long-term budgetary and financial outlook. One need only to see the chart on Page One of the report to see why CBO’s Justin Bogle said the outlook was “grim”: It shows government spending growing so much more quickly than anticipated revenues that annual deficits will likely triple in the next 30 years, if not sooner. Bogle called this scenario unsustainable.

For the first time, the CBO built into its assumptions the projected impact of ObamaCare, the country’s declining birth rate, the explosion of Baby Boomers demanding benefits from Social Security and Medicare over that period, plus Boomers’ increasing life expectancies and the increasing costs of providing them healthcare along the way.

It also assumed that government debt will

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In Venezuela, the Elite Meet to Eat While the Masses Starve

This article appeared online at TheNewAmerican.com on Friday, June 17, 2016:  

Another version of the flag of Animal Farm, ba...

Another version of the flag of Animal Farm, based on the flag of the Soviet Union. Hoof and horn symbol created by Al2.

On Monday OPEC gave Venezuela more bad news: Oil production fell another 120,000 barrels a day in May, putting further pressure on the socialist regime of Nicolas Maduro to pay its bills and maintain order. On Tuesday more than 400 citizens of Cumana, a city of 800,000 a few hundred miles west of Caracas, were arrested following another food riot.

On Thursday the British tabloid Daily Mail published a dozen pictures of the wealthy elite enjoying themselves at the opulent Caracas Country Club where membership costs $110,000. The slums where the masses are starving can be seen in the background.

The contrast, startling as it was, illustrates how socialism — called Chavismo in “honor” of former president Hugo Chavez — ultimately decimates the middle class and

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Elon Musk: Once an Entrepreneur, Now a Crony Capitalist

This article appeared online at TheNewAmerican.com on Thursday, June 9, 2016:  

In the early days, Elon Musk (shown above) made his fortune the usual way: by creating products and services that people could use, which they paid for using their own money, to improve their lives. Today, however, he has found a better way: using taxpayer guarantees to help fund his new ventures and reduce his risks while he enjoys the profits if they succeed.

In simple terms, Elon Musk has become a welfare queen on steroids,

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Obama Does a 180 on Social Security; Now Wants to Expand Its Benefits

This article appeared online at TheNewAmerican.com on Monday, June 6, 2016:  

Social Security (play)

In a breathtaking reversal that far-left progressives are calling a victory, President Obama said in a speech in Elkhart, Indiana, on Wednesday that Social Security benefits should be expanded and made more “generous”:

And then we have to tackle retirement security. That’s something that keeps a lot of people up at night. … Let’s face it — a lot of Americans don’t have retirement savings. Even if they’ve got an account set up, they just don’t have enough money at the end of the month to save as much as they’d like because they’re just barely paying the bills. Fewer and fewer people have pensions they can really count on, which is why Social Security is more important than ever.

 

We can’t afford to weaken Social Security. We should be strengthening Social Security. And not only do we need to strengthen its long-term health, it’s time we finally made Social Security more generous and increased its benefits so that today’s retirees and future generations get the dignified retirement that they’ve earned. And we could start paying for it by asking the wealthiest Americans to contribute a little bit more. They can afford it. I can afford it.

This was met with huzzahs from the Left. Hillary Clinton tweeted,

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Something is Wrong When A “Fine Arts” Major Has to Defend Social Security

This article was published by The McAlvany Intelligence Advisor on Monday, June 6, 2016:  

Following President Obama’s statement last Wednesday that Social Security benefits ought to be expanded and made more “generous,” someone at the Washington Post thought it would be a good idea to tout the wonders of that welfare state program. Rather than pick someone with some credentials as an economist, even a liberal one, the Post instead picked Jared Bernstein (above) to do the honors. Which he did:

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Brazil in Turmoil: President’s Impeachment Vote Imminent

This article appeared online at TheNewAmerican.com on Tuesday, May 10, 2016:  

Português do Brasil: O presidente Lula partici...

Partners in crime

In a sudden unexpected move, early Tuesday morning Waldir Maranhão, the interim speaker of Brazil’s lower house (the Chamber of Deputies) reversed his previous decision from Monday to annul a Chamber of Deputies April vote that allowed impeachment proceedings to move forward. The upper house — the Federal Senate — was already moving toward a vote to impeach Brazilian President Dilma Rousseff when word came that the Chamber was going to have another vote on the matter.

With Brazilian politicians doing everything they can to stay out of jail, they are working hard to keep the public’s attention focused on Rousseff’s problems and away from their own. In March, Mihir Kapadia, the head of Sun Global Investments, a London investment firm that specializes in emerging-market opportunities, certainly sees one in Brazil:

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.