Amnesty Measures Pushing us Closer to Financial Collapse

Broke Obama

by Jeff Davis

The cost of allowing Obama’s Amnesty Executive Orders to continue is mind-boggling. We not only are faced with the rapid transition of America from a White nation to a Third World nation, but we will be a badly indebted Third World nation at that!

An article from Breitbart.com reports: “The lifetime costs of Social Security and Medicare benefits of illegal immigrant beneficiaries of President Obama’s executive amnesty would be well over a trillion dollars, according to Heritage Foundation expert Robert Rector’s prepared testimony for a House panel obtained in advance by Breitbart News.”

What many Americans fail to consider is that Social Security funds are used to cover a wide range of medical and physical disabilities. A drunk can actually draw money from Social Security because he’s been disabled by alcoholism. Because of that, a Latino, who just showed up in America and who gets Obama’s Amnesty, could easily be taking money that you thought was going to support your parents and yourself. The Latinos may not completely clean out Social Security and Medicare, but don’t be surprised if your benefits drop to a fraction of what you thought they would be and if your medical benefits no longer cover procedures that would keep you alive past age 60.

The article notes “Rector, a senior research fellow at Heritage, is slated to speak on the costs of Obama’s executive amnesty Tuesday before the House Oversight and Government Reform Committee. He will testify to the high entitlement costs of granting legal status to millions of illegal immigrants. Based on Rector’s calculations, which assume that at least 3.97 illegal immigrants would apply for and receive legal status under Deferred Action for Parents of U.S. citizens and legal permanent residents (DAPA), and that the average DAPA beneficiary would have a 10th grade education, the costs would be immense.”

“Specifically, in 2010 dollars, the lifetime costs of Social Security benefits to DAPA beneficiaries would be about $1.3 trillion. He further estimates that DAPA recipients would $7.8 billion each year once they have access to the refundable Earned Income Tax Credit (EITC) and the refundable Additional Child Tax Credit (ACTC). Further, the retroactive costs of the EITC and ACTC— current IRS policy will allow amnesty recipients to claim up to three years of tax benefits for illegal work — Rector expects to be as high as $23.5 billion.”

“The Heritage expert notes that DAPA eligible families are already able to claim certain welfare benefits — such as food stamps, Medicaid, and Women, Infants and Children program (WIC) — on behalf of their U.S.-born children. ‘The average DAPA eligible family already receives around $6,600 per year in means-tested welfare benefits, prior to Obama’s executive action. (The aggregate cost is around $13.4 billion per year.)’ his testimony reads.’ And while DAPA recipients are not eligible for Obamacare, Rector argues that future legislation could eventually make such DAPA-eligible families able to get coverage under Obamacare — at a cost of $14 billion annually.”

So where is all this money going to come from? More borrowing? But no one will lend us any more money since the Chinese cut us off.

America’s wealth and prosperity comes largely from the creativity and productivity of the White people in America. If White people are not allowed to contribute their creativity and brilliance to help big corporations, everyone suffers. The corporations become less productive and start to fall behind European and Asian competitors.

The outsourcing of millions of manufacturing jobs has turned a large number of White people into jobless nomads, looking for any sort of work they can find. The federal government clearly couldn’t care less about full employment for White people. Instead, they do everything they can to betray White workers –either by outsourcing or Affirmative Action.

White workers have been betrayed for decades, and the long term economic backlash from letting millions of White people go idle can and will eventually devastate the economy all by itself.

When you add to that, the cost of educating the children of 34 million illegal aliens, and the extreme cost of giving all those people an Amnesty and access to benefits, that they shouldn’t get, America moves one giant leap closer to a financial collapse.

We already can’t even get close to balancing our budget with Obama in charge. Our National Debt has soared to over 18 trillion dollars, and we’re running out of nations that are willing to lend the US any more money. Sooner or later, we will run into a financial brick wall. Our expenses will greatly exceed the taxes collected from the dwindling number of White taxpayers. China and Japan will “just say no” to lending us more money, and then “BOOM” –a financial collapse will hit us that will make the 2007 subprime mortgage disaster look like a mole hill.

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