The "compromise" refrain from last week's devastating, for the democrats, midterm election result lasted about one week. Because according to the NYT, here comes Obama with a package of executive actions which will assure Congress full of furious Republicans, which will result in a broad overhaul of the nation’s immigration enforcement system but more importantly, will result in up to five million potential democrat voter illegal immigrants "from the threat of deportation and provide many of them with work permits, according to administration officials who have direct knowledge of the plan."
Here are the key details of the latest set of Obama executive orders, which are assured to throw the nation into another politial crisis:
One key piece of the order, officials said, will allow many parents of children who are American citizens or legal residents to obtain legal work documents and no longer worry about being discovered, separated from their families and sent away.
That part of Mr. Obama’s plan alone could affect as many as 3.3 million people who have been living in the United States illegally for at least five years, according to an analysis by the Migration Policy Institute, an immigration research organization in Washington. But the White House is also considering a stricter policy that would limit the benefits to people who have lived in the country for at least 10 years, or about 2.5 million people
Extending protections to more undocumented immigrants who came to the United States as children, and to their parents, could affect an additional one million or more if they are included in the final plan that the president announces.
So are deportations about to become thing of the past? Not exactly: "A new enforcement memorandum, which will direct the actions of Border Patrol agents and judges at the Department of Homeland Security, the Justice Department and other federal law enforcement and judicial agencies, will make clear that deportations should still proceed for convicted criminals, foreigners who pose national security risks and recent border crossers, officials said."
So for the tens of millions of illegals currently in the US, as well as their extended families residing abroad, you are in luck, and soon to be in possession of a green card providing you with all the benefits of America's insolvent welfare state. And not to mention a fair chance at those 4.7 million job openings that the BLS' JOLTS report revealed earlier today.
For US citizens who were born here, and who did not illegally cross the border to get inside the country: better luck next time.
Far more amusing for everyone is that the plan was conceived and finalized while president "Chewbama" was being mocked for his Nicorette habit, and belittled during his most recent trip to APEC in Beijing, where his crowning achievement was agreeing with China not to launch World War III.
White House officials declined to comment publicly before a formal announcement by Mr. Obama, who will return from an eight-day trip to Asia on Sunday. Administration officials said details about the package of executive actions were still being finished and could change. An announcement could be pushed off until next month but will not be delayed into next year, officials said.
As for the US, which is supposedly expected to grow at a above trendline 3% growth rate, through the harsh polar vortex 2.0 winter and in a world in which all major economies are rapidly crashing, what appears to be on the horizong is yet another constitutional crisis, and perhaps, finally, the dreader "impeachment" word:
The decision to move forward sets in motion a political confrontation between Mr. Obama and his Republican adversaries that is likely to affect budget negotiations and debate about Loretta E. Lynch, the president’s nominee to be attorney general, during the lame-duck session of Congress that began this week. It is certain to further enrage Republicans as they take control of both chambers of Congress early next year.
A group of Republicans — led by Senator Ted Cruz of Texas, Senator Mike Lee of Utah and Senator Jeff Sessions of Alabama — is already planning to thwart any executive action by the president on immigration. The senators are hoping to rally their fellow Republicans to oppose efforts to pass a budget next month unless it explicitly prohibits the president from enacting what they call “executive amnesty” for people in the country illegally.
“Our office stands ready to use any procedural means available to make sure the president can’t enact his illegal executive amnesty,” said Catherine Frazier, a spokeswoman for Mr. Cruz.
But the president and his top aides have concluded that acting unilaterally is in the interest of the country and the only way to increase political pressure on Republicans to eventually support a legislative overhaul that could put millions of illegal immigrants on a path to legal status and perhaps citizenship. Mr. Obama has told lawmakers privately and publicly that he will reverse his executive orders if they pass a comprehensive bill that he agrees to sign.
“I think it will create a backlash in the country that could actually set the cause back and inflame our politics in a way that I don’t think will be conducive to solving the problem,” said Senator Angus King of Maine, an independent who caucuses with the Democrats and supports an immigration overhaul.
Many pro-immigration groups and advocates — as well as the Hispanic voters who could be crucial for Democrats’ hopes of winning the White House in 2016 — are expecting bold action, having grown increasingly frustrated after watching a sweeping bipartisan immigration bill fall prey to a gridlocked Congress last year.
Some groups, like the United We Dream network, the largest organization of young undocumented immigrants, are preparing to deploy teams to early 2016 states like Iowa and New Hampshire to hold presidential candidates accountable and press for more action.
“From our perspective, the president has the power, the precedent and the priority for action on his side,” said Clarissa Martínez-De-Castro, deputy vice president of the National Council of La Raza. The opportunity “to go big and bold is what will allow the country to derive the biggest benefit on both the economic side and the national security side.”
And if that fails, America's not so smart voters (according to the creator of Obamacare of course), can always just go back to staring at Kim Kardashian'ass.
Most impotantly, all of the above is bullish for stocks, as is everything else.