December 15th, 2011
proponents of illegal immigration have lost all moral credibilityIllegal immigration has been in the news daily during the Republican primary campaign, even though a depressed economy here, stronger border enforcement, and vast new finds of petroleum in Latin America may soon radically curtail the number of illegal entrants into the United States. But for now, conservatives are warned that coming down hard on illegal immigration (i.e., enforcing federal statutes) would lose them the all-critical Hispanic vote. Meanwhile, in California, some legislators want to grant de facto state amnesty to illegal residents. But lost in the continuing furor, pro and con, is the moral dimension. The strange notion has developed that supporting something as immoral as illegal immigration is somehow ethical. It is not, and there are several reasons why.
1. Entry-level labor. Real wages for the working poor in the United States have been stagnant for decades, especially in the Southwest — largely because of the influx of millions of illegal aliens, who, at least for a time, will work for considerably lower wages than Americans. In the last three decades, we have written off an entire class of Americans on the premise that “They won’t do the work.” Here in a California of 10 percent–plus unemployment, everyone from farmers to landscapers complains from experience that the citizen poor cannot or will not work manually. But in theory, why should they, when employers have a constant option of undercutting their wages, and when expanding entitlements make entry-level work an unattractive alternative, both financially and socially? We have expanded social services and decreased workers’ incentives, and then we wonder that a subsidized welfare class lacks the spunk of people crossing the border illegally from an impoverished Mexico. Yet there is something abhorrent about the present American notion of giving up on incentives to promote American labor — among which would be the prevention of cheaper foreign workers entering the country illegally and undercutting wages. Advocacy for illegal immigration is now a de facto lack of concern for the American underclass.
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Victor Hanson
http://victorhanson.com
Posted in Economy, Editorial, Prophecy | No Comments »
December 9th, 2011
Germany’s disgraced former Defense Minister Karl-Theodor zu Guttenberg has returned to the political stage, albeit far away in Canada. After the dodgy doctorate debacle, is this the first sign of a comeback?
German aristocrat and former conservative shooting star Karl-Theodor zu Guttenberg made his first public appearance at an international security conference in Canada over the weekend, some nine months after a plagiarism scandal forced him to step down as a member of Chancellor Angela Merkel’s cabinet.
The former defense minister – who was also a heavily favored future candidate for chancellor – was forced to give up his position in March after it became apparent that he had plagiarized various sources, including national newspapers and government reports, in his doctoral thesis.
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Posted in Europe, Prophecy, World Government | No Comments »
December 9th, 2011
Prime Minister David Cameron of Britain, left, and Prime Minister Mark Rutte of the Netherlands spoke at E.U. headquarters on Friday.
BRUSSELS — Europe’s worst financial crisis in generations is forging a new European Union, pushing Britain to the sidelines and creating a more integrated, fiscally disciplined core of nations under the auspices of a resurgent Germany.
Exactly 20 years to the day after European leaders signed the treaty that led to the creation of the European Union and the euro currency, Chancellor Angela Merkel of Germany persuaded every current member of the union except Britain to endorse a new agreement calling for tighter regional oversight of government spending. The accord, approved at a summit meeting in Brussels early on Friday, would allow the European Court of Justice to strike down a member’s laws if they violate fiscal discipline.
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November 21st, 2011
Niall Ferguson peers into Europe’s future and sees Greek gardeners, German sunbathers—and a new fiscal union. Welcome to the other United States.
Welcome to Europe, 2021. Ten years have elapsed since the great crisis of 2010-11, which claimed the scalps of no fewer than 10 governments, including Spain and France. Some things have stayed the same, but a lot has changed.
The euro is still circulating, though banknotes are now seldom seen. (Indeed, the ease of electronic payments now makes some people wonder why creating a single European currency ever seemed worth the effort.) But Brussels has been abandoned as Europe’s political headquarters. Vienna has been a great success.
“There is something about the Habsburg legacy,” explains the dynamic new Austrian Chancellor Marsha Radetzky. “It just seems to make multinational politics so much more fun.”
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November 2nd, 2011
- European Commission President calls on Greek leaders to support the bailout package insisting the alternative would be more painful
- Greek cabinet vote unanimously to hold referendum on whether to uphold debt agreement
- Generals face sack in Athens as coup rumours spread
The Greek prime minister was today preparing for a tense showdown with the leaders of France and Germany after he announced shock plans to hold a referendum on his country’s emergency bail-out.
George Papandreou is on his way to Cannes, France, after securing his ministers’ support for the vote in a mammoth seven-hour cabinet meeting last night. The referendum could take place next month.
If Greece rejects the austerity measures – part of a package to stop the sovereign debt crisis spreading, Europe faces being plunged into an economic catastrophe.
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October 25th, 2011
VATICAN CITY – The Vatican called Monday for radical reform of the world’s financial systems, including the creation of a global political authority to manage the economy.
A proposal by the Pontifical Council for Justice and Peace calls for a new world economic order based on ethics and the “achievement of a universal common good.” It follows Pope Benedict XVI’s 2009 economic encyclical that denounced a profit-at-all-cost mentality as responsible for the global financial meltdown.
The proposal acknowledges, however, that a “long road still needs to be traveled before arriving at the creation of a public authority with universal jurisdiction” and suggests the reform process begin with the United Nations as a point of reference.
Vatican pronouncements on the economy are meant to guide world leaders as well as the global church. United States Roman Catholic bishops, for example, have released a voter guide for the 2012 election that highlights social concerns such as ending poverty.
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Posted in Biblical Perspective, Prophecy, World Government | No Comments »
September 28th, 2011
When the freedom of speech of one group is being threatened, it is a threat to all of us. Just because you may not be a Christian, don’t think that what you are about to read is not a problem for you as well. The truth is that any individual or group that does not “fit in” with the new “politically-correct” global system that is emerging is going to be persecuted sooner or later. In our society today, it has become quite fashionable to bash Christians. In fact, I am quite certain that some of the comments that get left after this article will say really horrible things about Christians. But after “Big Brother” is done with the Christians, are you sure that they will not come after you next? When I speak of “Big Brother”, I am not just speaking of the government. In today’s world, giant corporations and the mainstream media also play instrumental roles in the totalitarian police state prison grid that is being constructed all around us. The elite control the government, they run nearly all of the major corporations and they own most of the major media outlets. Anyone that does not “conform” to their system is a threat. As time goes by, the persecution of those that attempt to “rebel” against their system is only going to become more intense.
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September 22nd, 2011
Stocks in Sell-off Mode: Market participants across the globe darted out of equities and commodities
and piled into perceived safe-havens amid apprehension the world economy could be drifting back into recession territory.
Market participants across the globe darted out of equities and commodities and piled into perceived safe-havens amid apprehension the world economy could be drifting back into recession territory.
Today’s Markets
As of 11:15 a.m. ET, the Dow Jones Industrial Average tumbled 346 points, or 3.1%, to 10,777, the S&P 500 fell 32.8 points, or 2.8%, to 1,133 and the Nasdaq Composite plunged 63.9 points, or 2.5%, 2,474. The FOX 50 shed 22.3 points to 828.
With global markets and U.S. equities in selloff mode, Treasuries rallied. The yield on the 10-year Treasury sunk to 1.769% from 1.868% — briefly touching a record intraday low. Yields on the German bund, one of Europe’s safety plays — fell sharply as well.
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