Anonymous ID: c38d3a March 30, 2019, 3:35 p.m. No.5983283   🗄️.is 🔗kun   >>3305

"This Is A System-Wide Collapse" - Texas Border City Overwhelmed By "Surge" Of Central American Migrants

 

Democrats like to deride President Trump's warnings about a crisis at the southern border as a "fake emergency" reliant on "nonsensical" numbers about the flow of migrants. They even tried, and failed, to terminate his emergency declaration, which has also triggered a flurry of lawsuits, but that won't change the fact that the first tranche of money from Trump's expanded border wall has already been approved by the DoJ.

 

And the timing couldn't have been better, because over the past month, as reports about the number of migrant families declaring asylum between border checkpoints climbing to an all-time high were picked up by the mainstream press, the true weight of the ongoing disaster at the border has suddenly become difficult to ignore. Even the peso, which had mostly shrugged off his prior threats, tumbled when Trump warned that he would close the border next week if Mexico doesn't try to stop illegals from entering the US.

 

And in the latest report that, like the others, will be difficult for the public to chalk up to more conservative fear mongering, USA Today published a story on Saturday about a border city that has seen public resources overwhelmed as asylum seekers are released into the city at a rate of more than 800 per day.

 

The city is McAllen, Texas, which has seen a surge of migrants crowding church shelters and other resources in the community as ICE has been forced to release more asylum seekers as they await their immigration hearings. ICE shelters have simply become too overcrowded, and the agency, which can hold migrants for up to 20 days, longer than the 72 hours for the border patrol, has few alternatives.

 

Under a bridge connecting the U.S. with Mexico, dozens of migrant families cram into a makeshift camp set up by U.S. Customs and Border Protection. The families are there because permanent processing facilities have run out of room.

 

Seven hundred miles east, busload after busload of weary, bedraggled migrants crowd into the Catholic Charities Humanitarian Respite Center in McAllen, Texas. Organizers there are used to handling 200 to 300 migrants a day. Lately, the migrants have been arriving at a clip of around 800 a day, overflowing the respite center and straining city resources.

 

"It’s staggering,” McAllen City Manager Roy Rodriguez said. “Really, we’ve never seen anything like this before."

 

Along the Texas border with Mexico – from El Paso to Eagle Pass to the Rio Grande Valley – masses of migrants have been crossing the border in unprecedented numbers, overwhelming federal holding facilities and sending local leaders and volunteers scrambling to deal with the relentless waves of people.

 

https://www.zerohedge.com/news/2019-03-30/system-wide-collapse-texas-border-city-overwhelmed-surge-central-american-migrants

Anonymous ID: c38d3a March 30, 2019, 3:41 p.m. No.5983360   🗄️.is 🔗kun   >>3394 >>3404 >>3446 >>3546

The True Size Of The U.S. National Debt, Including Unfunded Liabilities, Is 222 Trillion Dollars

 

The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it. According to the U.S. Treasury, the federal government is currently 22 trillion dollars in debt, and that represents the single largest debt in the history of the planet. Over the past decade, we have been adding to that debt at a rate of about 1.1 trillion dollars a year, and we will add more than a trillion dollars to that total once again this year. But when you add in our unfunded liabilities, our long-term financial outlook as a nation looks downright apocalyptic. According to Boston University economics professor Laurence Kotlikoff, the U.S. is currently facing 200 trillion dollars in unfunded liabilities, and when you add that number to our 22 trillion dollar debt, you get a grand total of 222 trillion dollars.

 

Of course we are never going to pay back all of this debt.

 

The truth is that we are just going to keep accumulating more debt until the system completely and utterly collapses.

 

And even though the federal government is the biggest offender, there are also others to blame for the mess that we find ourselves in. State and local governments are more than 3 trillion dollars in debt, corporate debt has more than doubled since the last financial crisis, and U.S. consumers are more than 13 trillion dollars in debt.

 

When you add it all together, the total amount of debt in our society is well above 300 percent of GDP, and it keeps rising with each passing year.

 

But for the moment, let’s just focus on the giant mountain of debt that the federal government has piled up. The U.S. budget deficit for last month was 234 billion dollars, and that was an all-time record for a single month. Our exploding debt is an existential threat to our nation, and we are literally destroying the bright future that our children and our grandchildren were supposed to have.

 

And it isn’t just a 22 trillion dollar debt that we are leaving them with. We have also made tens of trillions of dollars worth of future promises that we expect future generations to keep. These are called “unfunded liabilities” because we do not currently have the money to fulfill those obligations.

 

According to official government projections, the Social Security Administration is facing a 13 trillion dollar unfunded liability over the next 75 years, and Medicare is facing a 37 trillion dollar unfunded liability over the same time frame.

 

Adding those two numbers together, we get a grand total of 50 trillion dollars.

 

http://patriotrising.com/the-true-size-of-the-u-s-national-debt-including-unfunded-liabilities-is-222-trillion-dollars/