G10 and Immigration: Levels, Ranges, Targets
|Interesting quote from Democrat Pat Mc Carran and Co author of the 1952 McCarran - Walter Immigration act.
However, we have in the United States today hard-core, indigestible blocs which have not become integrated into the American way of life, but which, on the contrary are its deadly enemies. Today, as never before, untold millions are storming our gates for admission and those gates are cracking under the strain. The solution of the problems of Europe and Asia will not come through a transplanting of those problems en masse to the United States. ... I do not intend to become prophetic, but if the enemies of this legislation succeed in riddling it to pieces, or in amending it beyond recognition, they will have contributed more to promote this nation's downfall than any other group since we achieved our independence as a nation.
Trump's first cardinal sin was deal with Democrats while the greatest sin was sell America by DAACA in return for a promise by Democrats to deal on tax cuts. As soon as DAACA arrangements are passed, look for the Democrats to renege on tax cuts.
The Democrat plan is House the 1 million new voters in Republican Congressional districts to dilute the Republican vote and ensure a Republican won't ever see a winning election. Democrats performed the same operation in Minnesota with 25, 000 new Somali's, Republican East North Carolina and South Carolina to offer a few of many examples. Decades will pass before Minnesota ever sees a Republican elected. Don't be surprised to see DAACA people in Paul Ryan's District as he would be the best target. Democrats as well were busy with Obummer's Muslim Brotherhood resettlements in Republican districts.
A few more Senate seats for Democrats then Trump, tax cuts and America remain in dead stasis mode for years to come. Of 1 million DAACA people amounts to about 1.5 milion new Democrat votes. Democrat focus will be on tax raises to pay our new found American friends to resettle and ensure the vote. The news media will assist by human interest story after human interest story. Here's Hector from Guatemala with 7 children, blah blah. If the Democrats ever gain power again, they will take America down as McCarran stated.
What's wrong with DXY, remember the few articles on overbought Fed Funds, On Natural rate of interest. Fed Funds needs a serious drop, not raise.
Few trades
EUR/USD below break points 1.1847 and 1.1825. Bottom is protected today by 1.1789.
GBP/JPY is at break point at 147.44. On the way down, breaks are located at 146.90 and 146.48.
AUD/USD rough spot and overbought at 0.8064 and 0.7995 below.
EUR/JPY, same story here as resistance points are built in at 131.57 and 131.65.
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