Author: Biz India

Pew Study: Asians Overtake Hispanics Among New Immigrant Arrivals in the U.S.

Pew Study: Asians Overtake Hispanics Among New Immigrant Arrivals in the U.S.

Posted by | Jun 19, 2012 | ,

They surpass U.S. public in valuing marriage, parenthood and hard work By Molly Rohal and Vidya Krishnamurthy – Pew Research Center Asians have overtaken Hispanics as the largest group of new immigrants arriving each year in the United States, according to The Rise of Asian Americans, a comprehensive new Pew Research Center survey and report. Two-thirds of recent adult Asian immigrants are either college students or college graduates – and they have helped make Asian Americans the fastest-growing, highest-income and best-educated racial group in the United States.  The survey finds that Asian Americans are more satisfied than the general...

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Greece’s Election Results – De Ja Vu All Over Again

Posted by | Jun 18, 2012 | , ,

By Joanna Kakissis – Time Magazine Athens, June 17, 2012 Has the euro zone found some breathing room in its crisis? The conservative New Democracy (ND) party eked out a victory in Greece’s parliamentary elections on Sunday, edging out the leftist Syriza party, which is strongly opposed to the austerity measures imposed as part of the country’s bailout. The margin was less than 3 points. The victory, however, still leaves Greece without a government. ND failed to win an outright parliamentary majority and must join forces with at least one party to govern. The scenario is similar to the results of an earlier round of voting. ND also came in first in May 6 elections, again with Syriza running a close second, but failed to form a government then. Forming a government quickly is crucial because Greece could run out of cash to pay its bills as early as next month. It’s unclear which party might join ND in coalition. Greek media are speculating that the conservatives might join force with their traditional rival, the Socialist PASOK party, which came in a distant third on Sunday. Whether the results fully reflect the popular will is another question: nearly 38% of eligible voters abstained from voting — a much higher percentage than any party received. Trailed by a cheering entourage, ND leader Antonis Samaras, 61, told reporters that the outcome...

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Poll: 75% of Americans Fear New Recession

Posted by | Jun 18, 2012 |

A massive majority of likely voters fear America could be slipping into a second economic downturn just four years after the Great Recession, according to a new poll for The Hill. But people remain split over which of the presidential candidates — Barack Obama or Mitt Romney — is offering the better prescription for economic health. Amid worrisome jobs numbers and the looming threat of a eurozone crisis, the survey found 75 percent of people were either very or somewhat worried the country is headed toward another recession. Among those concerned, 46 percent said they were “very” worried and 29 percent said they were “somewhat” worried. The survey underscores the influential role economic issues are expected to play in the November elections, particularly in the presidential race. With the fallout from the 2008 economic crash still fresh in voters’ minds, just 18 percent of those surveyed said they are not very worried about another recession. Only 4 percent are not worried at all. The level of concern about a second recession was most pronounced among middle- income and lower-income voters. Among those earning between $40,000 and $60,000 a year, 83 percent expressed worry about an economic downturn. Seventy-seven percent of people earning less than $20,000 a year shared that fear. Sixty-one percent of people earning more than $100,000 a year said they believed the country’s economy was headed south....

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Obama joined socialist New Party in 1996, new documents show

Posted by | Jun 18, 2012 |

By Stanley Kurtz, National Review Online, June 07, 2012 – Obama, others in cover photo in pamphlet of socialist New Party, which he joined in 1996 On the evening of January 11, 1996, while Mitt Romney was in the final years of his run as the head of Bain Capital, Barack Obama formally joined the New Party, which was deeply hostile to the mainstream of the Democratic Party and even to American capitalism. In 2008, candidate Obama deceived the American public about his potentially damaging tie to this third party. The issue remains as fresh as today’s headlines, as Romney argues that Obama is trying to move the United States toward European-style social democracy, which was precisely the New Party’s goal. … Recently obtained evidence from the updated records of Illinois ACORN at the Wisconsin Historical Society now definitively establishes that Obama was a member of the New Party. He also signed a “contract” promising to publicly support and associate himself with the New Party while in office. … Why did Obama deny his ties to ACORN? The group was notorious in 2008 for thug tactics, fraudulent voter registrations, and its role in popularizing risky subprime lending. Admitting that he had helped to fund ACORN’s voter-registration efforts and train some of their organizers would doubtless have been an embarrassment but not likely a crippling blow to his campaign. So...

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Obama grants legal status to young illegal immigrants

Posted by | Jun 18, 2012 | , ,

Obama policy will spare some from deportation Click on this link to watch Obama: http://www.washingtontimes.com/news/2012/jun/15/obama-grants-legal-status- young-illegal-immigrants/ By Stephen Dinan – The Washington Times The Obama administration said Friday it will stop deporting most illegal immigrant students and young adults in a campaign-year move that escalates the immigration debate to the fore. For years the administration had said it didn’t have the authority to make such a move, saying it couldn’t decide to stop deporting wide categories of people on its own without approval from Congress. But on Friday President Obama says administration now interprets the law to give it the discretion. “Effective immediately, the Department of Homeland Security is taking steps to lift the shadow of deportation from these young people,” Mr. Obama said in an appearance in the White House Rose Garden. “Over the next few months, eligible individuals who do not present a risk to national security or public safety will be able to request temporary relief from deportation proceedings and apply for work authorization.” Mr. Obama said the action was meant to be a temporary fix for our “broken immigration system” and urged Congress to pass a more permanent solution such as the DREAM Act. “This is not amnesty,” Mr. Obama said. “This is not immunity. This is not a path to citizenship. It’s not a permanent fix. This is a temporary stopgap measure that lets...

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