Here's another sign of the spreading anti-immigration ferver:
More than 1,000 Arrested in Illegal Worker Sting
Executives at the company that hired them also are caught up in 26-state effort
Cincinnati businessman Billy Hoskins was wending his way through Milwaukee's Mitchell International Airport this week when federal agents arrested him as part of what authorities are calling the nation's biggest crackdown on employers of illegal immigrants.
The one-day, 26-state blitz of arrests was meant to send a signal to American companies that hire illegal labor. Those arrested included executives such as Hoskins as well as 1,187 industrial workers authorities say are undocumented, all of whom were employed by a Texas-based company charged with harboring illegal immigrants.
These enforcement actions demonstrate that this department has no patience for employers who tolerate or perpetuate a shadow economy," U.S. Homeland Security Secretary Michael Chertoff said Thursday in Washington. "We intend to find employers who knowingly or recklessly hire unauthorized workers, and we will use every authority within our power to shut down businesses that exploit an illegal work force to turn a profit."
The Milwaukee Journal Sentinel, April 20, 2006
As noted here on March 27, it was only back in 1998 when U.S. stocks were still in the throes of a mania that immigration officials effectively stopped enforcing existing restrictions against the employment of illlegals. Now comes the “greatest number of immigration arrests at a worksite in US history.” It's definitely bearish, but it can't be symptomatic of a stock market low because all the averages are at highs. With its discussion of “social visioning,” The Wave Principle of Human Social Behavior offers an alternate possibility. It posits that there are times whan an emerging trend can find initial expression as “shared fantasy images [that] are an intermediate step between mood change and resulting action.” The mushrooming immigration debate is a window into a still emerging bear market.
Hillary Clintion's not the Democratic front runner for nothing. As Sociotimes noted in October, she's got the right socionomic stuff to win in 2008. With her swing for the fence, she shows she'll be really tough to stop because she won't hesitate to align herself with the political winds of a bear market. |