Activists Respond To Trump’s Attack On Immigrants

Activists Respond To Trump’s Attack On Immigrants
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Charging Ahead: California Reinvestment Coalition responds to Trump’s attacks on immigrants that targets and punishes low-income immigrants

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SAN FRANCISCO, August 12, 2019 – Today the Trump administration pre-published a final Department of Homeland Security (DHS) rule that makes it harder for immigrants in the United States with authorized status who rely on government programs like food stamps and subsidized housing to obtain permanent immigration status, otherwise known as a “green card”. The final regulation puts admissions to the U.S. or applications for a “green card” at risk if an immigrant or a member of an immigrant’s family uses Medicare, Medicaid, the Supplemental Nutrition Assistance Program (SNAP, formerly “Food Stamps”) or “Section 8” rental vouchers.

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This rule is part of the Trump administration’s larger effort to reduce the flow of all immigrants in the United States and punish low-income immigrants striving to get by and to be part of the American Dream. The rule targets immigrants from non-English speaking countries and favors the flow of only wealthy immigrants over time. 

Indeed, an applicant who speaks English, shows formal letters of support and has private health insurance is more likely to be approved for permanent residency compared to someone whose economic situation might mean they depend on public programs to survive, invest in themselves and their family’s future.

This “public charge” rule is a direct attack on millions of families living across California, its working class households, and communities of color. California is home to the nation’s largest number of immigrants.

California Reinvestment Coalition’s Executive Director and National Policy and Communications Director issued the following statements:

“Make no mistake about it. Trump’s latest attack on immigrants is part of his ongoing racist administration’s policy agenda to undermine the safety and well-being of every non-white person living in the United States. On top of his border wall request, deportation raids and desire to rip children from their parents’ arms at the southern border, this rule harkens the nativist saying marking our history: Whites Only,” says California Reinvestment Coalition Executive Director Paulina Gonzalez-Brito.

“Trump and Cuccinelli’s latest attack on immigrant families is not only cruel. It’s misguided. This rule punishes immigrants striving to build a better life for themselves and their families. One purpose of the safety-net is to allow everyone, regardless of status, to stay afloat in hard times and invest in themselves to lead an independent life. A civilized and decent nation provides a welcome mat and a hand to its neighbors, not a door slammed in the face. Now more than ever, California must be a place for people of color, immigrants and working class households to get a chance to make a good life,” says California Reinvestment Coalition National Policy and Communications Director Vijay Das.

The regulation was published earlier today, The public has weighed in on this rule. They overwhelming oppose it. Trump officials have moved forward anyway.

The regulation notes: “While some commenters provided support for the rule, the vast majority of commenters opposed the rule.”

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Mark Melin is an alternative investment practitioner whose specialty is recognizing a trading program’s strategy and mapping it to a market environment and performance driver. He provides analysis of managed futures investment performance and commentary regarding related managed futures market environment. A portfolio and industry consultant, he was an adjunct instructor in managed futures at Northwestern University / Chicago and has written or edited three books, including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008). Mark was director of the managed futures division at Alaron Trading until they were acquired by Peregrine Financial Group in 2009, where he was a registered associated person (National Futures Association NFA ID#: 0348336). Mark has also worked as a Commodity Trading Advisor himself, trading a short volatility options portfolio across the yield curve, and was an independent consultant to various broker dealers and futures exchanges, including OneChicago, the single stock futures exchange, and the Chicago Board of Trade. He is also Editor, Opalesque Futures Intelligence and Editor, Opalesque Futures Strategies. - Contact: Mmelin(at)
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