Category: U.S. Dams

“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

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The Economy: Build Safe Dams, Not Walls — America Needs Some Serious Infrastructure Programs That Create Jobs While Making Our Country Safer — When, If Ever, Is the Trump Administration Going To Get Going On Fixing The Real Problems?

https://www.nytimes.com/interactive/2017/02/23/us/americas-aging-dams-are-in-need-of-repair.html?emc=edit_nn_20170223&nl=morning-briefing&nlid=79213886&te=1&_r=1

TROY GRIGGS, GREGOR AISCH and SARAH ALMUKHTAR write in today’s NY Times:

“After two weeks that saw evacuations near Oroville, Calif., and flooding in Elko County, Nev., America’s dams are showing their age.

Nearly 2,000 state-regulated high-hazard dams in the United States were listed as being in need of repair in 2015, according to the Association of State Dam Safety Officials. A dam is considered “high hazard” based on the potential for the loss of life as a result of failure.

By 2020, 70 percent of the dams in the United States will be more than 50 years old, according to the American Society of Civil Engineers.

“It’s not like an expiration date for your milk, but the components that make up that dam do have a lifespan.” said Mark Ogden, a project manager with the Association of State Dam Safety Officials.

The United States Army Corps of Engineers keeps an inventory of 90,000 dams across the country, and more than 8,000 are classified as major dams by height or storage capacity, according to guidelines established by the United States Geological Survey.

Dam failures can have
serious consequences.

Two weeks ago, heavy rains caused the Twentyone Mile Dam in Nevada to burst, resulting in flooding, damaged property and closed roads throughout the region.

The earthen dam, built in the early 1900s and less than 50 feet tall, is one of more than 60,000 “low hazard” dams, according to the Army Corps of Engineers. Typically, failure of a low hazard dam would cause property damage, but it would most likely not kill anyone.
What Happened at the Oroville Dam
Built in the 1960s and more than 16 times the height of the Nevada dam, Oroville was listed as a high hazard dam. Had it not been for the speed of the response last week, there could have been severe flooding of the surrounding area.

“The larger dams are being watched very carefully. The smaller dams don’t enjoy that level of scrutiny,” Mr. Ogden said.

The U.S. would need to spend billions
to repair public and private dams.

In 2016, the Association of State Dam Safety Officials estimated that it would cost $60 billion to rehabilitate all the dams that needed to be brought up to safe condition, with nearly $20 billion of that sum going toward repair of dams with a high potential for hazard.”

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Read the complete article with charts and maps at the link. Sure seems like this would be a better way to spend our money and create meaningful jobs for U.S. workers than building an expensive, impractical, unneeded, and sure to be ineffective border wall.

Why not create some “win-win” situations, rather than provoking confrontation, controversy, and potential litigation at every turn? As the full article points out, there already is some pending legislation that, while not solving the entire program, would be a start on both job creation and improving the infrastructure. And, fixing dams would not provoke Mexico, Canada, the EU, China, or anyone else.

PWS

02/23/17

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