Tag: globalist

Trump, Mnuchin Call For GM To Pay Back Federal Bailout

By Tyler Durden

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Update: Apparently, Mnuchin is regretting giving his twitter username and password to his aides at Treasury and/or his wife.

After retweeting a tweet from a Trump fan account Wednesday morning, Mnuchin has deleted the retweet and would like the world to know that this wasn’t an “authorized” tweeting.

The tweet was retweeted from Mnuchin’s account this morning, but the original was sent last night, which probably accounts for the incorrect timing given in the Treasury Secretary’s follow up.

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President Trump made his frustration with GM abundantly clear on Tuesday when he threatened to cut all EV subsidies to the Detroit carmaker. But on Wednesday both the president, this time joined by Treasury Secretary Steven Mnuchin, took the administration’s attacks on GM to their next logical endpoint: Demanding that the federal bailout recipient return the $11.2 billion loss eaten by taxpayers from the federal bailout that the company received during the depths of the financial crisis.

GM

“If GM doesn’t want to keep their jobs in the United States, they should pay back the $11.2 billion bailout that was funded by the American taxpayer,” read a tweet from a Trump fan account that the president and Mnuchin retweeted. Trump also retweeted two tweets about illegal immigration.

GM shares slid after Trump’s tweets Tuesday afternoon, but GM stock futures showed little immediate reaction to Trump’s threat. GM received billions in bailout money to shore up its troubled financial arm GMAC in 2008. After spinning off the subsidiary (which now trades as Ally Financial), GM saddled the Treasury with a more than $11 billion loss.

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After meeting with GM CEO Mary Barra, Larry Kudlow told reporters on Tuesday that he had conveyed the president’s anger to Barra, and explained that Trump feels betrayed by GM, and that he believes the carmaker “turned their back on him” by announcing the layoffs and plant closures, particularly after the Trump tax cuts handed billions of dollars back to corporations and allowed them to repatriate overseas cash.

Politicians on both sides of the US-Canada border were outraged by GM’s Monday announcement that it would close 5 North American plants (and two foreign plants) and fire nearly 15,000 workers in the US alone. Trump blasted the company for opting for layoffs and closures in the US while plants in Mexico and China remained open.

While we await a response from GM management, shareholders are a little nervous:

 

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SOROS’ “OPEN SOCIETY” DRIVEN OUT OF TURKEY AMID PROBE INTO TERRORISM TIES

Soros' "Open Society" Driven Out Of Turkey Amid Probe Into Terrorism Ties

The Hungarian-born billionaire financier and his “Open Society” have been driven out of yet another country.

Zero Hedge – NOVEMBER 27, 2018

Six months after Hungarian President Viktor Orban succeeded in driving his former mentor, and current nemesis George Soros out of Hungary, the Hungarian-born billionaire financier and his “Open Society” Foundation that has financed an army of liberal NGOs across Europe and the US has been driven out of yet another country.

According to the Guardian, Soros’ Open Society Foundation is formally withdrawing from Turkey after the founder of its Turkey organization was arrested and charged with supporting an opposition figure accused of trying to overthrow the government of Turkish President Recep Tayyip Erdogan.

See the source image

The organization announced its decision to withdraw from Turkey amid an interior ministry investigation seeking to uncover links between the organization and protests at Gezi Park in Istanbul in 2013. One of the founders of the Turkish OS branch, Hakan Altinay, was arrested along with 12 others two weeks ago and accused of supporting jailed Osman Kavala, an opposition activist accused of trying to overthrow the Hungarian government with mass protests. Kavala has been accused of supporting terrorism within Turkey, and Open Society has been accused of supporting Kavala.

Back in May, OS closed its Budapest Office and moved its operations to Berlin after the country passed an “Stop Soros” law aimed at making it more difficult for foreign NGOs to operate in the country.

In a speech last week, Erdogan accused Soros of trying to sow instability and discord in Turkish society, and of organizing destabilizing protests.

One of its founders in Turkey, Hakan Altinay, was among 13 people detained 10 days ago. They were accused of supporting jailed rights activist Osman Kavala in trying to overthrow the government through mass protests.

In a speech last week, Erdoğan linked those arrests to Soros. “The person [Kavala] who financed terrorists during the Gezi incidents is already in prison,” he told a meeting of local administrators.

“And who is behind him? The famous Hungarian Jew Soros. This is a man who assigns people to divide nations and shatter them. He has so much money and he spends it this way.”

Though it denied links to the protests, Open Society told the Guardian that it would nevertheless seek to close its office in Istanbul and liquidate its Turkish operations as swiftly as possible. The organization added that it was unsure whether it will be able to continue its Turkish operations.

See the source image

The foundation said that “new investigations” were trying to link it to the Gezi protests. “These efforts are not new and they are outside reality,” it said

The foundation said it would apply for the legal liquidation of its operations as soon as possible.

According to the New York Times, a representative for Open Society said maintaining the organization’s operations in Istanbul had become “completely untenable.”

“We are deeply dismayed and disappointed that the foundation had to close,” an Open Society spokeswoman, Laura Silber, said on Monday. But, she said, “it became completely untenable.”

Open Society purports to support “justice and human rights” in more than 100 countries; but in more recent years, it has primarily focused on Soros’ liberal agenda of open borders and free trade while resisting the wave of populist sentiment that has swept across Europe and the US.

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Facebook & Google could face huge fines in Russia over future legal violations – report

Facebook & Google could face huge fines in Russia over future legal violations – report

Moscow may start imposing hefty fines on tech giants, including Google and Facebook, over failing to comply with Russian legislation. The new fines will reportedly be equal to one percent of a firm’s annual revenue in the country.

Russian authorities are planning to amend the current legislation to implement the measure, according to unnamed sources and a copy of the document reportedly seen by Reuters.

Under the current regulations, Russian authorities may impose fines of just a few thousand dollars or block the online services that violate the rules. This option is sometimes fraught with technical difficulties. Under current legislation the maximum fine Google may face in Russia is 700,000 rubles ($10,595). If the proposal is pushed through, Russian telecoms watchdog will be able to impose fines of at least $7 million.

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© Robert GalbraithLinkedIn reviews options to stay in Russia, insists it complies with local law

Apart from the bulky fines, the pending measure will reportedly retain the state power to block the company’s websites. The new legislation also allows the Russian government to impose several fines on the same company over various violations.

In 2017, Google’s Russian subsidiary reportedly earned 45.2 billion rubles ($687 million).

“For a foreign company, that’s already a significant amount,” a source at one of the foreign tech firms working in Russia said, stressing that it was still unclear how the fines would be collected from companies with no legal entity in Russia.

Facebook is reportedly negotiating the issue with Russian authorities, as the social networking giant hasn’t moved servers storing its Russian users’ data to Russia, as is required by the current legislation which obliges companies to keep data on Russian users in the country.

Last year, business social network website LinkedIn was blocked in Russia after the company failed to comply with the law. Apart from not moving servers to Russia, LinkedIn reportedly collected and sent information about people who are not users of the network without their consent. In 2017, Russia also banned several messaging apps, including BlackBerry, Line, and Imo messengers, as well as Vchat video service.

In April, a district court in Moscow ordered access to popular internet messenger Telegram to be blocked after the company repeatedly refused to hand over encryption keys to its messages to Russia’s Federal Security Service (FSB). However, the procedure of blocking became stalled due to technical issues. The company replied with a counter-suit that was rejected.

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ALEXANDRIA CORTEZ LIKENS CARΛVAN TO HOLOCAUST

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Holocaust, Hebrew Shoʾah, Yiddish and Hebrew Ḥurban (“Destruction”), the systematic state-sponsored killing of six million Jewish men, women, and children and millions of others by Nazi Germany and its collaborators during World War II. The Germans called this “the final solution to the Jewish question.” The word Holocaust is derived from the Greek holokauston, a translation of the Hebrew

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CARAVAN MIGRANTS DODGE TIJUANA JOBS HOPING TO ENTER US

Caravan Migrants Dodge Tijuana Jobs Hoping to Enter US

Reportedly 10,000 jobs available to integrate migrants into local economy

Deutsche Welle – NOVEMBER 23, 2018

With many migrants stranded in Tijuana, local authorities are trying to offer them jobs in the Mexican border town.

But most migrants are determined to reach the US. Tobias Käufer reports from Tijuana.

Jose Rodriguez from Siguatepeque in Honduras has been carrying his white flag for more than 3,000 kilometers now. “I have two kids in Honduras. I want them to have a better life,” the 29-year-old tells DW. The white flag has become the symbol of the migrant caravan, which started from the Honduran city of San Pedro Sula on October 12 with the aim of reaching the US. “The flag symbolizes that we mean no harm, and that we have good intentions,” Rodriguez explains.

“Let Us Cross”

On Thursday, Jose Rodriguez, his companions and their flags reach El Chaparral in Tijuana, the main border point from Tijuana, Mexico, into the US. That day, 300 migrants are camped here, demanding that US authorities accept their requests for asylum. “We can’t wait any longer,” the migrants shout, “let us cross.”

Mexican security forces, meanwhile, have cordoned off the area and blocked the main access road, causing traffic chaos in the Mexican border town of Tijuana because cross-border traffic is especially heavy on Thanksgiving, the US holiday.

Many Tijuana locals, meanwhile, are fed up with the migrants. Some sport red President  Donald Trump-like baseball caps reading “Make Tijuana great again”. Last Sunday, about 1,000 locals gathered to protest against the influx if migrants, chanting “No to invasion, yes to migration.” Many Mexicans cheered them on. Local media report that an additional 7,000 migrants are set to arrive in the coming week.

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Muddy Camps

The 5,000 migrants who have already made it to Tijuana with the first caravan from Honduras are struggling, the atmosphere is tense.

“It’s chaos, Jose Rodriguez says. “There is no coordination, no one is leading us. We all just start running around when a rumor starts circulating,” he adds.

Heavy rains have made conditions in the camp even worse. The Benito Juarez sports arena, where the makeshift camp has been set up, is turning into a muddy swamp. Most migrants have to sleep in the open, and many are sick. The catastrophic conditions are particularly hard on the 1,000 children there.caravan

10,000 Jobs Available

Meanwhile, the regional government is doing what it can to integrate the migrants into the local economy. Luis Rodolfo Enriquez runs a kind of job agency near the emergency camp.

“In the first couple of days, only a few dozen came to find out about vacancies,” he tells DW. But soon, he adds, they came to trust him, and more migrants inquired about work. There are some 10,000 unfilled vacancies in Tijuana. Enriquez is convinced that half the migrants can get a job if they want. He says people with and without qualifications have a chance of getting work.

Although Rodolfo Enriquez’ recruitment agency is an improvised operation, everything is well-organized. There are plastic chairs and wooden tables. Employers can meet potential workers, and down the hall, immigration councilors issue temporary work permits. All over the city, shops display signs reading “staff wanted.”.

Trying to Ease the Tensions

Mexican authorities have been working hard to placate angry migrants demanding to enter the US. At the border crossing, one of them tells the migrants that Tijuana has plenty of job opportunities. But most migrants are determined to reach the US.

Jose Rodriguez remains optimistic that he will make it across the border, no matter how hard the circumstances. “I cannot give up hope, I want a better future for my children. That’s why I won’t give up.”

As night falls, tensions flare up in El Chaparral. A few dozen migrants insist on spending the night at the border crossing throughout the night.

While the migrants discuss their situation after nightfall, they watch as TV screens nearby show US President Donald Trump – subtitled in Spanish – explain that he plans to shut the entire US-Mexico border if the situation gets out of control.

This is followed by a report on Mexican TV that another group of migrants had left the makeshift camp in Mexico City. Their destination: The United States of America.

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CARAVAN MIGRANTS OVERWHELM TIJUANA SHELTER

Caravan Migrants Overwhelm Tijuana Shelter

Shelter now resembles a refugee camp

Will Racke | Daily Caller News Foundation – NOVEMBER 23, 2018

Officials in Tijuana have declared a humanitarian crisis in response to thousands of mostly Central American migrants who have arrived in recent weeks and overwhelmed temporary shelters in the Mexican border city.

As of Thursday night, at least 5,000 recent arrivals were camped in Tijuana, which is serving as a staging ground for the migrants to apply for asylum in the U.S. City officials estimate as many as 1,200 migrants arrived from the nearby city of Mexicali in less than 24 hours between Tuesday night and Wednesday afternoon, straining temporary shelters that were already operating at capacity.

At least 2,000 more migrants are traveling in a second caravan currently moving north through the central Mexican states of Jalisco and Queretaro — most are expected to end up in Tijuana in the coming weeks. In response to the influx, Tijuana Mayor Juan Manuel Gastelum declared an international humanitarian crisis and blasted the federal government for allowing the migrants to concentrate in the city.

“They have categorically omitted and not complied with their legal obligations,” Gastelum said Thursday at a news conference, according to the Arizona Republic. “So we’re now asking them and international humanitarian aid groups to bring in and carry out humanitarian assistance.”

The Tijuana municipal government says it is spending about $27,000 per day to house and provide care to the caravan migrants in the city. Gastelum, who has drawn criticism for his tough rhetoric about the caravan, warned that he would not authorize more spending as additional migrants arrive.

“I will not compromise public services,” Gastelum said. “I will not spend Tijuanans’ money, I will not bring Tijuana into debt now, in the same way we haven’t done so these past two years.

Tijuana, a sprawling border city of about 1.6 million, has long been a waypoint for migrants of all stripes seeking to cross the southwest border. But it has never had to accommodate the sudden arrival of so many homeless Central Americans, who are now waiting indefinitely to apply for asylum at the U.S. ports of entry.

Nearly all of the caravan migrants are being sheltered in Tijuana’s Benito Juarez sports center. Officials say the center, which is already over capacity, cannot hold any more migrants while still maintaining even minimal safety and sanitary conditions.

As the temporary shelter has come to resemble a refugee camp, Tijuana officials say a lack of coordination with the federal government has hindered the on-the-ground response to the caravan.

“We were faced with the federal government and state government and municipal government all unclear on who would be in charge, and no one wanted to take care of this thing,” Vega said, according to the San Diego Union-Tribune. “As the municipal government, we have to take care of these people, and we have to take care of our community.”

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