“Warren Buffett on Immigration Reform: Buffett feels that immigrants (including undocumented ones) have been and continue to be a key part of our prosperity — not a part of the problem.“

https://www.fool.com/investing/2017/09/29/warren-buffett-on-immigration-reform.aspx

Matthew Frankel reports for The Motley Fool:

“Immigration reform has been a hot-button issue long before President Trump pledged to build a wall along our border. And while there’s certainly an argument to be made that we need to do a better job of controlling illegal immigration, there’s also a strong case to be made that immigrants are a big driving force behind America’s growth — past, present, and future.

Warren Buffett has been very outspoken in recent years about America and its amazing economic story. Not only does Buffett feel that immigrants have led us to where we are today, but he also thinks that immigrants are an essential component of our country’s future success.

Here’s what Warren Buffett thinks of immigrants
In a nutshell, Buffett feels that immigrants (including undocumented ones) have been and continue to be a key part of our prosperity — not a part of the problem. “This country has been blessed by immigrants,” Buffett said in February at Columbia University. “You can take them from any country you want, and they’ve come here and they found something that unleashed the potential that the place that they left did not, and we’re the product of it.”

Referring to Albert Einstein and Leo Szilard, both of whom were immigrants themselves, Buffett said, “If it hadn’t been for those two immigrants, who knows whether we’d be sitting in this room.”

In his most recent letter to Berkshire Hathaway’s (NYSE:BRK-A) (NYSE:BRK-B) shareholders, Buffett specifically mentioned immigrants as one of the major components of America’s success story. “From a standing start 240 years ago — a span of time less than triple my days on earth — Americans have combined human ingenuity, a market system, a tide of talented and ambitious immigrants, and the rule of law to deliver abundance beyond any dreams of our forefathers.”

On a pathway to citizenship
Buffett is an outspoken Democrat who actively campaigned for Hillary Clinton during the 2016 presidential race. So it shouldn’t come as too much of a surprise that Buffett doesn’t want to deport millions of illegal immigrants who are currently in the United States.

In a 2015 interview with Fox Business, Buffett said

People should be able to earn citizenship who are here. You know, I do not think we should deport millions of people. So, I think we should have a real path to citizenship.

Buffett was then asked specifically about the DREAM Act and its 800,000 minors who are in the country illegally and now face an uncertain future after the end of DACA, from the perspective of a successful American businessman. Buffett replied:

It is a question of being a human being not really a businessman. Immigrants came, our forefathers came as immigrants, they got here anyway they could. And who knows what I would have done if I were in some terrible situation in a country and wanted to come here…a great percentage of them are good citizens. I would have a path to citizenship for them, I would not send them back.

 

On immigration policy and reform
As we all know, the immigration debate has been going on for a long time. And Buffett’s stance hasn’t changed much over the past several years. In a 2013 interview with ABC’s This Week, Buffett said:

I think we should have a more logical immigration policy. It would mean we would attract a lot of people, but we would attract the people we want to attract in particular — in terms of education, tens or hundreds of thousands of people. We enhance their talents and have them stick around here.

Buffett went on to say that any reform package should “certainly offer [undocumented immigrants] the chance to become citizens,” and one main reason for doing so would be to deepen the talent pool of the labor force.

Buffett’s stance on immigration in a nutshell
Warren Buffett believes that allowing immigrants who are already in the country to stay and pursue citizenship is not only the right thing to do, but is essential to America’s continued economic prosperity. Buffett certainly sees the need for immigration reform, as most Americans of all political affiliations do, but wants to encourage and simplify the legal pathways to immigration.”

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Buffet speaks simple truth: Immigrants, both documented and undocumented are not threats, but rather are a necessary ingredient for America’s greatness. We need to bring law-abiding undocumented individuals into our society in some type of legal, work authorized status. We also need substantial across the board increases in legal immigration, so that in the future the immigrants we need can come through the legal system (or wait in a realistic line) rather than coming through an underground system and working and living in the shadows.

The lies, misrepresentations, and false narratives being peddled by Trump, Sessions, Bannon, Miller, Kobach, Cotton, Perdue, King, Goodlatte, Labrador, the so called “Freedom” Caucus, and the rest of their White Nationalist restrictionist cronies are a path to national disaster. Removing existing non-criminal migrants who happen to be working here in undocumented status is a colossal waste of limited Government resources that actually hurts our country in numerous ways.

Time to stand up against the restrictionist, White Nationalist, xenophobic, anti-American blather. Demand that your Congressional representatives back sane, humane immigration reform that takes care of those already here and recognizes their great contributions while appropriately and significantly expanding future legal immigration opportunities so that we don’t keep repreating our mistakes over and over.

Let’s be honest about it. If the time, money, and resources that the U.S. Government is currently spending on the counterproductive aspects of immigration enforcement and inhumane immigration detention were shifted into constructive areas, there would be no “disaster relief crisis” in Puerto Rico and the Virgin Islands right now, and we’d have more money to spend on heath care, job training and retraining, infrastructure, addressing the opioid crisis, and many more legitimate national priorities!

PWS

09-30-17

JEFFREY SACHS ON CNN: GOVERNMENT BY “ABBOTT & COSTELLO” — In Texas, It’s All Bigger, Including The Jerks!

http://www.cnn.com/2017/08/29/opinions/hurricane-harvey-abbott-needs-to-resign-sachs/index.html

Sachs writes:

“(CNN)It’s important to politicize Hurricane Harvey. Not politics in the sense of political parties, or politics to win elections. Politics to protect America.

The priority in the next hours and days is to save lives and reduce suffering, without hesitation and without question of costs or politics. But then must come the reckoning.

Once the immediate crisis ends, the governor of Texas, Greg Abbott, should resign with an apology to his state and his country. Then the Texas delegation in Congress should make a public confession. They have lied to their constituents for too long, expecting the rest of America to keep bailing them out.
The reason is this. Texas politics aims to bring profits to the oil and gas industry, but it does this at high cost and dire threat to Texas residents and the American people.
Hurricane Harvey was a foreseeable disaster. Indeed, a massive hurricane strike on Houston, followed by massive flooding, was widely anticipated.
But Houston is an oil town, and the American oil industry has been enemy No. 1 of climate truth and climate preparedness. Most oil companies and Texas politicians see nothing, say nothing, do nothing. Even worse, they hide the truth, and then beg for help as needed. Gov. Abbott has played this game one disaster too many.

Abbott, for example, was the governor to sign a new law in 2015 that prevents cities and municipalities in Texas from setting their own regulations that might rein in oil and gas drilling activities. On his watch, Texas supported withdrawal from the Paris Climate Agreement.
Over many years, he has raked in millions in campaign contributions from the oil industry, including in his former role as Texas attorney general, where he sued the Environmental Protection Agency repeatedly over rules designed to curb carbon emissions.
And the state, under Abbott’s direction, has taken no significant steps toward flood protection, despite the recognized risks of a mega-hurricane and flood.
The problem is not about his crisis management this week. I can’t judge that. It’s about his long-standing relentless opposition to environmental protection, including his blind eye to global warming and the grave dangers it poses.
The Texas Tribune and ProPublica published a 2016 award-winning report on “Hell or High Water,” explaining why Houston is a “sitting duck for the next big hurricane.” In 2015, Inside Climate News wrote that “as weather extremes like flooding batter Texas, its refusal to prepare for an even more volatile climate leaves residents at risk, experts say.”
On June 16 of this year, citing the city’s widening concrete sprawl and deaths from flooding in recent years, the UK Guardian wrote that “Houston fears climate change will cause catastrophic flooding: It’s not if, it’s when.”

. . . .

So, what has been the policy response in Houston and Texas more generally in terms of prevention, resilience, and preparedness? Almost nothing until disaster hits. Then the response is to ask for federal bailouts.
In other words, Texas is the moral hazard state.
Here is what has not happened: There has been little or no effort at zoning protection to keep development clear of floodplains; little or no offshore and onshore infrastructure for flood protection; no discernible heed paid to the scientific evidence and indeed the growing practical experience of catastrophic flood risks; and of course, relentless, pervasive climate change denial, the mother’s milk of Texas politics.
So, here’s the deal. Those of us elsewhere in the US also suffering from flooding and other disasters from warming temperatures, rising sea levels, and more intense storms (such as New Yorkers who are still rebuilding from 2012 Hurricane Sandy) want truth from Texas politicians and the oil industry.
We are bearing the costs of your lies. We are tired of it. More importantly, we are in pain and solidarity with the good people of Houston who are losing lives, homes, and livelihoods because of your lies.
Why Harvey's devastation is so severe
Why Harvey’s devastation is so severe
Gov. Abbott, we would like to bid you a political adieu. Perhaps you can devote your time to rebuilding Houston and taking night classes in climate science. Senators Ted Cruz and John Cornyn, you will soon be asking us for money to help Texas.
My answer will be yes, if you stop spewing lies about climate dangers, agree to put US and Texas policy under the guidance of climate science, back measures to lower carbon emissions and stay in the Paris Climate Agreement. Then, of course, let’s help your constituents to rebuild.
And to ExxonMobil, Chevron, Koch Industries, ConocoPhillips, Halliburton, and other oil giants doing your business in Texas: You put up the first $25 billion in Houston disaster relief. Call it compensation for your emissions. Tell the truth about growing climate threats. Then, as citizens seeking the common good, we will match your stake.”

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The “common good” is something that never crosses the collective so-called “minds” of Texas’s corrupt GOP pols. They are all bought and paid for by “Big Oil” and other fat cats. And, they are busy picking on Blacks, Hispanics, refugees, migrants, children, the poor, gays, Muslims, Dreamers, etc.

So, not for the first time, it’s for the rest of us taxpayers to bail out Texas. (But, don’t think that will earn the support of hypocrites like Cruz & Co. the next time we might be in need — they are cruel, ignorant, and selfish because — well, because they can be and get away with it). Fortunately for Texas, some of us still do have the common good in mind.

PWS

08-30-17