Elon Musk Accuses Democrats of ‘Importing Voters’
Tesla CEO Elon Musk has accused the US Democratic Party of opening up the country’s borders in order to “import voters.” Earlier this week, Politico reported that President Joe Biden was considering offering permanent residency to millions of illegal immigrants.
Commenting on the report, Musk declared on his X platform that “The Dem Party goal is to import voters.”
According to Politico’s sources, Biden is considering expanding access to the US’ so-called ‘Cancelation of Removal Program’ for illegal immigrants who have lived in the US for more than ten years and whose removal would negatively impact their citizen or resident friends and relatives.
The program is currently available to lawful residents who have been ordered to leave the US for various reasons, and for some illegal immigrants. A successful cancellation can take years to make its way through the legal system, and around 4,000 cancellations of removal are issued every year, according to the US Justice Department.
There are thought to be around 10.5 million illegal immigrants living in the US, according to data compiled by Pew Research in 2021. However, at least 6.3 million more have entered the US in the years since, according to figures from the Department of Homeland Security, potentially bringing the total to almost 18 million.
An earlier Pew study found that approximately two thirds of illegal immigrants in the US had been there more than a decade. Counting only those immigrants present in the country in 2021, the removal program reportedly mulled by Biden could result in around six million of them being made permanent residents.
Only US citizens can vote in federal elections. However, permanent residents can apply for citizenship after five years, or three years if married to a US citizen.
Biden’s first actions as US president included signing a raft of executive orders repealing almost all of former President Donald Trump’s immigration restrictions. He has since unsuccessfully lobbied Congress to pass a bill offering a path to citizenship for more than 10 million illegal immigrants, and sued the state of Texas for attempting to enforce federal immigration law.
“Biden’s strategy is very simple,” Musk tweeted in February. “1. Get as many illegals in the country as possible. 2. Legalize them to create a permanent majority – a one-party state. That is why they are encouraging so much illegal immigration. Simple, yet effective.”
In the US, racial minorities typically vote Democrat. Aside from potentially creating future voters, illegal immigration can give certain states greater representation in Congress, as the number of seats assigned to a state in the House of Representatives is determined by its overall population, which includes those present illegally.
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US Secretly Sending More Bombs to Israel – Report
The US has signed off on the transfer of billions of dollars worth of bombs and aircraft to Israel, despite recent political disagreements and publicly voiced concerns about a looming Israeli ground incursion into the overcrowded Gaza town of Rafah, the Washington Post reported on Friday.
Some 1,800 MK84 2,000-pound bombs and 500 MK82 500-pound bombs are among the armaments in the handover, anonymous Pentagon and White House officials told the newspaper. On top of that, the State Department reportedly authorized the transfer of 25 F-35A aircraft and engines to the rough value of $2.5 billion. The transfers had originally been approved by Congress years ago as part of the $3bn+ annual military assistance to the longtime ally, so did not require a new notification.
The use of US-supplied bombs added to the soaring death toll in Gaza, which by the end of March topped 32,000, according to the latest figures provided by the Palestinian health officials. West Jerusalem is seeking to obliterate Palestinian militant group Hamas, which staged an incursion from the enclave into southern Israel in October, killing around 1,200 people and capturing scores of hostages.
The Israel Defense Forces (IDF) allegedly used the 2,000-pound bunker busters in its strikes on Gaza’s Jabalia refugee camp and around the Al-Shati refugee camp last year. The Jabalia bombings alone are believed to have claimed more than 100 lives, in what the UN later labeled as “disproportionate attacks that could amount to war crimes.”
Washington insists that Israel has provided the US with “credible and reliable written assurances” that any military aid provided has been used in accordance with international law. “We have not found them to be in violation,” State Department spokesman Matthew Miller told the press on Monday.
However, the rift between Washington and the Jewish state has become increasingly evident this week, when the US allowed a resolution urging for an immediate ceasefire to pass at the UN Security Council, instead of vetoing it. In response Israel canceled the planned visit of a high-level delegation to the US.
The delegation was supposed to discuss the planned Israeli military operation against Rafah, a city in the south of Gaza where more than 1.4 million of the enclave’s total population is currently taking refuge. The UN has warned that such an offensive will lead to massive loss of life, and even the White House has publicly urged Israel against the attack.
Israel has “no choice” but to send troops into the overcrowded Palestinian city, Prime Minister Benjamin Netanyahu told US lawmakers on Wednesday, reiterating that the remaining Hamas strongholds must be completely eliminated.
Special Report: Illegal Aliens Given Everything for Free While Americans Starve
ESG Frustration and Backlash in the Banking Sector Continues
“Facts that don’t align with ill-informed prejudice are often infuriating. That doesn’t make them wrong. Someone needs to tell the truth about what it’s going to take to get to a net-zero future,” Emily Mir, a spokeswoman for Exxon, said earlier this month.
And that’s exactly what Judson Berkey at UBS has done, the focus of a new Bloomberg report. Berkey let loose on a recent conference call with regulators about how unrealistic climate goals were for banks trying to integrate them into their respective economies.
The report covering Berkey’s outburst simply concluded that the “world’s biggest banks can’t live up to the green regulatory ideal unless they start dumping huge numbers of clients worldwide at a reckless pace and also roil economies in large swathes of the globe that primarily rely on dirty fuels.”
Berkey was on a “check-in” call where regulators query market participants about regulations, the report says, when he expressed his frustration, interjecting: “Banks are living and lending on planet earth, not planet NGFS [Network for Greening the Financial System]”.
The outburst is a microcosm of “cracks” emerging in the banking sector after being draped with regulations about sustainability, the report says. Bridgewater Associates founder Ray Dalio famously said last year about ESG: “You have to make it profitable.”
Its indicative of new-world climate regulation going head to head with old world capitalism, the report says.
Adair Turner, chair of the Energy Transitions Commission in Britain said: Climate change is “an economic externality, and you can’t expect a free market to deal with it voluntarily.”
Banks reevaluating their net zero commitments are facing challenges as they confront the practical implications of these pledges, which include limitations on operating in coal-reliant regions like South Africa, Poland, and Indonesia. These commitments also complicate relationships with clients across various sectors, from commodities firms to companies with less obvious carbon impacts.
Jonathan Hackett, head of sustainable finance at Bank of Montreal, added: “Our net zero commitments are about being our clients’ lead partner and are consciously taken around the idea that we need to be there with our clients and our clients need to succeed, not that we need to hyper select clients in order to get to net zero somehow faster or better.”
A recent sustainability report from UBS highlighted a “notable shift in emphasis” in climate change discussions, moving from net zero pledges to recognizing the need for a transition phase. The Swiss bank noted that high inflation and input costs will be crucial factors for clients as they develop decarbonization strategies.
James Vaccaro, Chief Catalyst at Climate Safe Lending Network, added: “For banks with substantial capital markets businesses, like those competing with the JPMorgans of the world, it’s fee income that’s on the line here. Ditching clients off track from 1.5C means losing major lines of revenue.”
In sum, the financial industry’s initial rush to commit to net zero carbon footprints at the 2021 COP26 summit in Glasgow has hit a reality check. Banks that pledged to reduce financed emissions and invest billions in green and sustainable deals are reevaluating these commitments after facing the complex realities of implementing such drastic changes.
It should be no surprise to our readers: we have been pointed out the collapse of ESG for more than a year now. Earlier in March we wrote how Exxon’s CEO had all but declared victory over the “woke” ESG lobby.
In February, we noted that CEOs were ditching ESG lingo on conference calls. For some context, peak ESG and related synonyms, such as “climate change” and “clean energy” and green energy” and net zero,” among other terms, peaked at 28,000 mentions in the first quarter of 2022. Ever since, the number of mentions has rapidly plunged. Halfway through the first quarter earnings season, mentions are around 4,800.
Andy Wiechmann, the Chief Financial Officer of MSCI, mentioned during his earnings call that “Clients are taking a more measured approach to how they integrate ESG.”
On a Jan. 12 earnings call, BlackRock CEO Larry Fink explained how his firm plans to purchase private equity firm Global Infrastructure Partners without mentioning ESG. This makes sense since BlackRock dropped the ESG term after blowback last summer.
Recall, we also wrote last year about the dying off of ESG and “green” investment products. At the end of 2023, Goldman Sachs shuttered its ActiveBeta Paris-Aligned Climate U.S. Large Cap Equity ETF.
Bloomberg ETF analyst Eric Balchunas pointed out in late 2023 that “there was just way too much supply for the demand” with the ETF and that “it’s going to get worse too”. Balchunas says the ETF only took in $7 million over the course of 2 years.
We also wrote about Jeff Ubben late last year, who shuttered his sustainability fund – calling traditional climate summitry an “echo chamber” of diplomats. Less than a week before that we noted that $30 billion had been shaved off the value of clean energy stocks over the preceding 6 months.
Finally, we pointed out last year how the ESG grift was reaching endgame after Markus Müller, chief investment officer ESG at Deutsche Bank’s Private Bank stated that sustainability funds should include traditional energy stocks, arguing that not doing so deprives investors of a prime opportunity to invest in the transition to renewable energy.
Special Report: Illegal Aliens Given Everything for Free While Americans Starve
Biden Campaign Targets Nikki Haley Supporters In New Anti-Trump Ad
Biden is hoping to woo Haley supporters with new ad! An inceasingly desperate Biden campaign is now is targetting supporters of failed Republican presidential candidate Nikki Haley. The new 30-second ad calls on followers of […]
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Trans Woman Able To ‘Breastfeed’ Grandchild Using Experimental Hormones
A 50-year-old biological man has managed to “breastfeed” his grandchild using experimental hormones in a study that has been labeled as “frankly disturbing.” Researchers at Duke University, who published thier study in the Breastfeeding Medicine […]
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VIP Elite Panic As Feds Prepare To Subpoena Sean ‘Diddy’ Combs’ Private Jet Logs
Some of the world’s most well-connected and powerful industry pedophiles are panicking following news that federal agents are preparing to subpoena Sean “Diddy” Comb’s private jet manifests. More than 100 high-profile names are expected to […]
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