Wednesday, October 08, 2008

The Immigration Bubble

This may sound funny but immigration is experiencing a bubble as well. The construction, landscape and other industries that employ illegal labor are also experiencing hard times and people are going home.

USCIS raised fees in a downturn and after a rush of people applying for citizenship to vote in the election there should be a sharp decrease in applications. There is an assumption that there will be some type of immigration bill, but I am leery. In a downturn where people are fearing for their jobs passage of an immigration bill may not be a slam dunk.

6 comments:

Ducky's here said...

Howard Fineman just told me that Sarah Palin is willing to "touch" the dark part of the American psyche. That's hot.

beakerkin said...

Yes her past with communists terrorists, communist anti semitic pastor and shady bolshevik group ACORN.... oh that is Obama.

kuhnkat said...

Duckfart,

your inner "beast" rears its tiny head yet again!!!

HAHAHAHAHAHAHAHAHAHAHAHAHA

Always On Watch said...

Kuhnkat is back? Yeehaw!

Ducky's here said...

Kuhncat this is Awesome!


WASHINGTON — Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system, according to government officials.

Treasury officials say the just-passed $700 billion bailout bill gives them the authority to inject cash directly into banks that request it. Such a move would quickly strengthen banks’ balance sheets and, officials hope, persuade them to resume lending. In return, the law gives the Treasury the right to take ownership positions in banks, including healthy ones.

The Treasury plan, still preliminary, resembles one announced on Wednesday in Britain. Under that plan, the British government would offer banks like the Royal Bank of Scotland, Barclays and HSBC Holdings up to $87 billion to shore up their capital in exchange for preference shares. It also would provide a guarantee of about $430 billion to help banks refinance debt.



Only Nixon could go to China. Only Bush can finally bring the Marxist Revolution home!

Ducky's here said...

Beak, should I cancel my membership? This smacks of serious dhimmitude.

he MFA is holding its fall open house Tuesday.

Special Events
Christiane Karam and the ZilZALA Ensemble
noon and 2 pm, Remis Auditorium
American Sign Language Interpretation for opening remarks only
Artist Christiane Karam and the ZilZALA Middle Eastern Ensemble will perform contemporary renditions of Lebanese folk and popular music as well as classical Muwashahat as they highlight the cultural mix of contemporary jazz sound rooted in classical and traditional Arabic music. This performance is presented in partnership with Berklee College of Music.

MFA Film Program
3 pm, Remis Auditorium
The MFA Film Program presents a selection of Iranian short films on the importance of curiosity, compassion, and the search for personal connection. With English subtitles.

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Really, too much Arab and Persian stuff in Beantown. We are becoming Bostonstan.