Congress to Bailout Puerto Rico

Puerto Rico is a Commonwealth and is a U.S. territory. With a population of 3.5 million people the country is deeply in debt. Congress has been in discussions for months to draft a resolution as it has a debt payment due May 1 of $422 million. Worse, there is a debt payment due July 1 of $2 billion. The island Constitution requires the payments to be made over those bills for infrastructure including drinking water, police, and other public services. The bondholders have a have control of the credit unions where normal citizens have a major risk of losing their wealth.

Related: Washington Debate on Puerto Rico Bailout

If Congress Is to Rescue Puerto Rico, Key Conservative Has These Conditions

DailySignal: As the House struggles to find consensus on a plan to rescue Puerto Rico from its debt crisis, an influential conservative lawmaker today laid out his expectations for what legislation should look like.

Rep. Raúl Labrador, who is Puerto Rican, has been quiet about the plan being crafted by the Natural Resources Committee since he is a member of the panel and a direct participant in the negotiations.

But Labrador broke his silence before Capitol Hill reporters at the monthly Conversations with Conservatives event, declaring that any solution to Puerto Rico’s fiscal problems “cannot affect our states.”

“To me it’s pretty simple: Whatever we do on Puerto Rico cannot affect our states and cannot affect the way we are going to respond to any fiscal crisis in the future for any of the states,” said Labrador, R-Idaho, a founding member of a group of conservatives called the House Freedom Caucus

Before he can endorse the bill, Labrador said, he wants assurances that it treats different classes of creditors fairly and doesn’t open the door for Congress to give authority to struggling states to restructure their debts.

Earlier this month, the Natural Resources Committee released a draft bill that would create an outside fiscal oversight board to manage a process by which Puerto Rico could restructure its $72 billion debt load

The committee is revising the bill due to opposition from Republicans, the Treasury Department, and Democrats, and the legislation is not expected to be ready before May 1, when a $422 million debt payment by Puerto Rico is due. House leaders hope to act before a $2 billion payment comes due July 1.

Some holders of general obligation bonds whose debt payments are guaranteed by the Puerto Rican constitution have said they want to be exempted from the restructuring process facilitated by the proposed seven-member board.

Labrador said he doesn’t believe it’s “right” for those bondholders to get that exemption, but he also thinks pensioners should not be given higher priority than bondholders.

The Treasury Department, at one point, was planning to put pension payments to retired public employees in Puerto Rico ahead of payments to bondholders, according to The New York Times. Labrador said he wants the committee’s bill to include language ensuring that “pensions are not getting any priority over the secure debt

“I have spent a lot of time talking to a bit more objective bond companies that don’t have debt in Puerto Rico, and that’s their main concern,” Labrador said, adding that their “main concern” was that when Detroit filed for bankruptcy in 2013, it gave priority to pensions. He added:

That was an anomaly, so the bond market was not affected in any way. If we do that with Puerto Rico [give pensioners priority], what’s going to happen in the bond market is they will see a pattern and when they see that pattern, they are going to be concerned the same thing is going to happen in Illinois, the same thing is going to happen in California. And when they see that, all of a sudden the bond markets are going to react and that is going to affect every one of our states’ bonds. And it will affect the interest we pay on our bonds.

House Speaker Paul Ryan, R-Wis., has promised to act on a solution for Puerto Rico and its 3.5 million American citizens, with the hope he would be supported by a majority of Republicans.

Labrador’s endorsement would go a long way to ensuring that, considering his sway in the Freedom Caucus.

The Idaho Republican said he can get there, and that “conservatives can support a bill that gives debt restructuring to Puerto Rico,” but only under certain conditions:

The fight I am having right now with the people who drafted this bill is that they want language to be loose enough that can get votes from the Democrats. Well, guess what, if the language is loose enough, then you are going to be able to get around the language. So what we have to do is be explicit in deciding what this oversight board should be doing and what the parameters are for judging the debt in Puerto Rico. Unless we do that, I think we are doing a disservice to the people in the United States.

A major question is whether the writers of the bill can satisfy enough conservatives without scaring away too many Democrats.

Rep. Jim Jordan, the Freedom Caucus chairman, told reporters today that it shouldn’t matter which party carries the legislation to passage, as long as lawmakers work together to solve a problem.

“We should do the right thing,” said Jordan, R-Ohio. “Whether that means you will have Democrats who vote for it, I don’t know. I think if you do the right thing, then people will vote for it. So that’s what should drive this—that you are doing the right thing.”

 

Who Wins, Biden, Iran or al Sadr?

Do you wonder if Vice President Biden is meeting with al Sadr? Biden would never make a surprise visit to Iraq unless something quite serious was at issue.

   

NYT: After arriving at the American embassy by helicopter, Mr. Biden was driven to the nearby Government Palace to meet Mr. Abadi.

Mr. Biden last visited Iraq in November 2011, just weeks before the last American troops in Iraq were scheduled to leave. In a solemn ceremony, Mr. Biden saluted Iraqi troops, trained and equipped with billions of dollars from the United States, saying he hoped they would safeguard the country. More here.

US Vice President Biden in Iraq ‘to resolve political crisis’

DW: US Vice President Joe Biden arrived in Iraq on a surprise visit aimed at helping Iraqi leaders resolve a political crisis. It is hindering the country’s efforts to defeat the self-declared ‘Islamic State.’

Who is Muqtada al Sadr? Muqtada al-Sadr is of Iraqi and Iranian ancestry. After the fall of the Saddam government in 2003, Muqtada al-Sadr organized thousands of his supporters into a political movement, which includes a military wing known as the Jaysh al-Mahdi or Mahdi Army). The name refers to the Mahdi, a long-since disappeared Imam who is believed by Shi’a Muslims to be due to reappear when the end of time approaches. This group has periodically engaged in violent conflict with the United States and other Coalition forces.

Related: Mahdi Army

Barack Obama ordered all U.S. military presence out of Iraq and it was completed in 2011. Obama stated the country was sovereign and stable and for this reason there was no reason to maintain a ‘leave-behind’ force. All the while from 2010 forward and known full well by the Obama National Security Council:

CTC: On a more significant level, the revival of al-Sadr’s political fortunes are less about Iranian influence and more about his followers’ ability to cleverly exploit electoral politics to their advantage. The latest parliamentary elections provided such an opportunity, placing al-Sadr in the center of the political map. The key to the Sadrists’ electoral success was how they applied systematic polling methods such as databases with information on voters in all provinces and a cunning campaign strategy to win voters in the south.[16] Along with anti-establishment and populist tactics, such as the staged referendum as a way to discredit al-Maliki’s authority in the Shi`a urban centers, al-Sadr was able to present himself and his followers as the primary political force to defend the Shi`a population. Also, it is possible that al-Sadr exploited his close ties with General Qasim Soleimani of the IRGC, who also played a part in lobbying the Iraqi National Alliance to merge with the State of Law coalition to boost his political fortunes within the Shi`a bloc. This political move took away the chance for Iyad Allawi’s secular-Sunni front to form a government, which would have considerably diminished al-Sadr’s role as a key political figure.

In the aftermath of the elections, al-Sadr’s public call for the return of JAM reveals a sense of confidence with the backing of not only Iran, but also a large Shi`a electorate. For now, the Sadrists also have the respect of al-Maliki, who was forced to make considerable concessions with al-Sadr to remain in power. In this light, al-Sadr may now feel he has the political capital to legitimize the full restoration of JAM as part of Iraq’s security institutions, which could be controlled by Sadrists in the next government.

Al-Sadr appeals for solution to Iraq’s political crisis

BAGHDAD (AP) — An influential Iraqi Shiite cleric on Wednesday called on the United Nations and the Organization of Islamic Cooperation to help find a solution to the country’s simmering political crisis “even through holding early elections.”

Muqtada al-Sadr’s statement came a day after lawmakers failed to hold a session to vote on whether to keep or oust the parliament speaker, Salim al-Jabouri, threatening to prolong Iraq’s paralyzing political crisis amid the fight against Islamic State group that controls key areas in country’s north and west.

Al-Sadr ordered Sadrist lawmakers to withdraw from a parliament sit-in that demands the country’s top leadership — parliament speaker, prime minister and president — step down. But al-Sadr called on his followers to continue rallying in Bagdad’s Tahrir Square to pressure the parliament to vote on a new government after a recent Cabinet reshuffle.

“We call upon the Organization of Islamic Cooperation and the United Nations to interfere to get the Iraqi people out of their ordeal and to correct the political process even through holding early elections,” al-Sadr said in a handwritten statement issued online.

It is still unclear how the withdrawal of Sadrist lawmakers will affect the parliament sit-in which was started last week by dozens of lawmakers following delay on the vote on the Cabinet reshuffle. On Thursday, they chose eldest lawmaker, Adnan al-Janabi, as an interim speaker, but the move was rejected by the other camp, which argues the move was illegal because the needed quorum was not achieved.

Tuesday’s session was supposed to vote on whether or not to remove al-Jabouri, but it was adjourned when major political blocks walked away because they objected to al-Janabi presiding over the session.

Iraq is weathering its worst crisis in years with the Sunni extremist IS group still controlling key areas in the country’s north and west, including the second-largest city of Mosul. The country is also undergoing an acute economic crisis due to plummeting oil prices on the international market.

SCOTUS Ruled and EPA Ignores

EPA Continues To Implement Global Warming Plan Supreme Court Said It Couldn’t

DailyCaller: Environmental Protection Agency (EPA) officials are moving ahead with a key part of the Clean Power Plan (CPP) despite the Supreme Court issuing a stay against the agency’s global warming plan in February.

The EPA submitted a proposal to the White House for green energy subsidies for states that meet the federally mandated carbon dioxide reduction goals early. The Clean Energy Incentive Program would give “credit for power generated by new wind and solar projects in 2020 and 2021” and a “double credit for energy efficiency measures in low-income communities,” according to Politico’s Morning Energy.

Te move seems to violate the Supreme Court’s stay against CPP preventing the EPA from implementing its plan to cut carbon dioxide emissions from U.S. power plants. EPA, however, argues it’s doing this for states that want to voluntarily cut emissions — despite this being part of CPP.

“Many states and tribes have indicated that they plan to move forward voluntarily to work to cut carbon pollution from power plants and have asked the agency to continue providing support and developing tools that may support those efforts, including the CEIP,” reads a statement provided to Politico from EPA.

EPA Administrator Gina McCarthy is set to talk more about the plan Wednesday afternoon and will no doubt defend it from critics who will say the agency is violating a Supreme Court order.

“Sending this proposal to OMB for review is a routine step and it is consistent with the Supreme Court stay of the Clean Power Plan,” the EPA said.

EPA has been moving forward with aspects of the CPP despite the Supreme Court’s decision. After the court’s February decision, EPA began signalling it would continue to work with states that want to “voluntarily” move forward.

“Are we going to respect the decision of the Supreme Court? You bet, of course we are,” McCarthy told utility executives in February. “But it doesn’t mean it’s the only thing we’re working on and it doesn’t mean we won’t continue to support any state that voluntarily wants to move forward.”

Likewise, the head of EPA’s air and radiation office, Janet McCabe, has also suggested the rule will eventually be upheld.

“EPA utility rules have been stayed twice before, and ultimately upheld,” McCabe said while participating in a panel discussion in Bloomington, Ind., last week. “It’s only smart for states to keep working on this.”

“We stand ready at EPA to help any state that wants to move forward with their planning activities,” McCabe said, noting that some states pledged to cut CO2 after the Supreme Court stayed CPP.

McCabe was referring to an agreement signed by 17 states in the aftermath of the Supreme Court decision pledging to push forward fighting global warming. The agreement, signed mostly by Democratic governors, promotes cooperation between states in promoting green energy, not explicitly mentioning global warming.

McCabe neglected to mention the 30 states and state agencies suing EPA to get CPP struck down. That coalition of states was also joined by dozens of business groups, the coal industry and labor unions fighting to keep coal-fired power plants from being forced to close.

“EPA has crossed a line by assigning itself vast regulatory authority that surpasses anything ever contemplated by Congress,” Jeffrey Connor, interim CEO of the National Rural Electric Cooperative Association (NRECA), said in a statement. NRECA opposes CPP.

“The fact is that EPA didn’t produce a rule simply to reduce emissions — it crafted a radical plan to restructure the U.S. power sector,” Connor said.

*****

From the White House:

The Clean Power Plan

The Clean Power Plan sets achievable standards to reduce carbon dioxide emissions by 32 percent from 2005 levels by 2030. By setting these goals and enabling states to create tailored plans to meet them, the Plan will:

Protect the health of American families. In 2030, it will:

  • Prevent up to 3,600 premature deaths

  • Prevent 1,700 non-fatal heart attacks

  • Prevent 90,000 asthma attacks in children

  • Prevent 300,000 missed workdays and schooldays

Boost our economy by:

  • Leading to 30 percent more renewable energy generation
    in 2030

  • Creating tens of thousands of jobs

  • Continuing to lower the costs of renewable energy

Save the average American family:

  • Nearly $85 a year on their energy bills in 2030

  • Save enough energy to power 30 million homes
    in 2030

  • Save consumers $155 billion from 2020-2030

 

 

Illegal Immigration, Refusing to Deport is a Deadly Option

Hat tip to this site for listing the victims of illegal immigrants.

Today in the House is a hearing questioning Sarah Saldana, the Director of the DHS for Immigration and Customs Enforcement. Several terrifying facts were revealed and there are solutions to the policies, one is to simply enforce the law and quit with the exceptions. Further, stop releasing into the general population detained illegals arrested and sentenced with discretion. What about Congress eliminating the discretion clause? How about allowing local law enforcement to fully handle cases at the local level? There is additional legislation for loopholes including H.R. 2793 for sex offenders.

Further, what about the victim or the survivors of the victims? They just get a letter in the mail, stating what is not certain.

There is a database for all illegals that have been officially detained for any reason, but local law enforcement does not have the jurisdiction or authority to handle inside cases, they are referred to ICE. Not all jurisdictions participate in the database operation, it is not a mandated procedure. What? . Of note, inside cases means arrests made by agencies other than Customs and Border Patrol.

 

All 58 immigration courts are managed by the U.S. Department of Justice….this is where the politics enter the fray. Additionally, when a court does in fact order a foreign national to be deported, yet another cycle of paperwork and diplomatic procedures is started. Consider, there are many countries that refuse to take back their own citizens and in some cases even after approval when the plane is on the runway. Haiti is one such country. So, the matter is in the hands of the U.S. State Department, do we need to say more?

The statute says there is discretion in all cases. So, in 2015, 19723 criminal illegal aliens have been released for felonies including kidnapping and homicide. An order of removal is required to deport them but that is done by a judge….but if they have requested asylum or other exceptions, it is more often than not granted. For those that have been ordered for deportation, there is a maximum bed space of 33,000 waiting to leave, if those beds are full, then they too are released.

Secure Communities was an immigration enforcement program administered by U.S. Immigration and Customs Enforcement (ICE) from 2008 to 2014.

The program was replaced by Priority Enforcement Program (PEP) in July 2015. Obama ordered this program terminated.

PEP: The Department of Homeland Security’s (DHS) Priority Enforcement Program (PEP) enables DHS to work with state and local law enforcement to take custody of individuals who pose a danger to public safety before those individuals are released into our communities. PEP was established at the direction of DHS Secretary Jeh Johnson in a November 20, 2014 memorandum, entitled Secure Communities, that discontinued the Secure Communities program. PEP focuses on convicted criminals and others who pose a danger to public safety.

How it works

PEP begins at the state and local level when an individual is arrested and booked by a law enforcement officer for a criminal violation and his or her fingerprints are submitted to the FBI for criminal history and warrant checks. This same biometric data is also sent to U.S. Immigration and Customs Enforcement (ICE) so that ICE can determine whether the individual is a priority for removal, consistent with the DHS enforcement priorities described in Secretary Johnson’s November 20, 2014 Secure Communities memorandum. Under PEP, ICE will seek the transfer of a removable individual when that individual has been convicted of an offense listed under the DHS civil immigration enforcement priorities, has intentionally participated in an organized criminal gang to further the illegal activity of the gang, or poses a danger to national security.

Here is a simple case from April of 2016. Illegal immigrants arrested during Alabama theft, kidnapping mission for Honduran drug enforcer, records state. You are encouraged to read those details.

Here is yet another bizarre case: An illegal immigrant with a 12-year criminal history and 35 arrests under his belt cannot be deported back to Palestine because the U.S. will not recognise his homeland as a country. What? We give millions to the Palestinian Authority and Obama, Hillary and John Kerry have all met with the Palestinian Authority for peace talks with Israel.

 

 

Bashir al Assad’s Alawite Sect Fissures, Talks Fail

A billboard sponsored by the chamber of commerce and industry shows pictures of Syrian President Bashar al-Assad (R) and his late father former president Hafez al-Assad in the coastal city of Latakia (17 March 2016) AFP, Syria’s Alawites are closely associated with Bashar al-Assad (R) and his late father Hafez (L) 

‘Muslim quality’

In part from BBC: The Alawites emerged in the 10th Century in neighbouring Iraq.

Little has been confirmed about their beliefs and practices since then because, according to the leaders, they had to be hidden to avoid persecution.

However, most sources say the name “Alawite” refers to their veneration of the first Shia imam, Ali, the son-in-law and cousin of the Prophet Muhammad.

Banners showing the founder of the Islamic Republic of Iran, Ayatollah Ruhollah Khomeini (L), and the current Supreme Leader of Iran, Ayatollah Ali Khamenei (R), are held up beside one of a Lebanese Hezbollah commander killed in Syria (C) at a funeral in Baalbek (1 January 2014) AFP: Shia power Iran and Lebanon’s Shia Hezbollah movement are assisting the Assad regime

For full comprehensive summary by the BBC, go here.

****

al-Arabiya: The most significant development coming from Syria in the last few days is not the killing of Al-Qaeda spokesperson in Idlib or the US-Russian chatter denying a plan to oust Bashar Al-Assad. It was a document leaked to the Western media and dubbed as the “declaration of identity reform” signaling signs of discontent from elders in the Alawite community towards the Syrian regime.

The news of the document is the most concrete evidence we have from Assad’s religious community since the beginning of the uprising in 2011, indicating that their patience is running out with the status-quo and they are openly seeking a third alternative. For such alternative to materialize, however, and for the Alawites to publicly start abandoning Assad, a political and security umbrella has to be extended from Russia and regional countries, guaranteeing their protection and role in a pluralistic future in a post-Assad Syria.

Alawite discontent

Syria’s Alawites have been both, the cornerstone for the regime’s survival and its Achilles’ heel. A 15% of Syria’s population (estimate of 3 million), the minority enjoys the lion’s share in the regime political and security hierarchy. Assad, the Chief of Staff of the Syrian Army, heads of the intelligence services are all from the powerful sect. When the state security proved not enough, a new militia was formed and allied with the regime and Iran to protect the Alawites along the coastline and in the mountain region over Latakia.

“The declaration from the Alawite leaders is a watershed moment in how the minority is publicly untying itself from Assad family, and attempting to pursue a pact of coexistence in Syria”, Joyce Karam.

The new declaration as leaked by European media, exposes fissures between the Alawites and the regime, and efforts to pursue a third option, instead of prolonging Assad’s military campaign, or getting overridden by extremist groups. According to the The Telegraph, the document authors “had been forced to act because of the extreme danger the sect was now facing” amid reports of enormous losses for the Alawites (a third of their young) in the 5-year-long war. In a political departure from the regime narrative, the declaration speaks of “a new relationship with Syria’s Sunni majority” while calling the regime as “totalitarian”, and the uprising “an initiative of noble anger”. The document also promotes a vision for secular, pluralist and democratic state of Syria.

By distancing themselves from the regime, the Alawite signatories are seeking a path that is not hostage to Assad’s strategy of war and outright military victories that could take years or lead to disintegration of Syria. From the beginning of the conflict, there were shy attempts from the Alawite community showing discontent with the Assad family and the war realities. In the last year the community has demonstrated in Latakia calling to execute Assad’s cousin, Suleiman, now serving a 20-year sentence in prison. In 2014, protests from members of the community broke out in Tartous and in Homs over the bombing of elementary schools and the failure of the security to protect their children.

Assurances from Region and Russia

The declaration from the Alawite leaders is a watershed moment in how the minority is publicly untying itself from Assad family, and attempting to pursue a pact of coexistence in Syria. However, and unless it’s met by political and security assurances from the West, the region and Russia, this momentum will not hold against a status quo of fear from extremism that forces Alawites to be more dependent on Assad and local militias.

For a minority whose roots are entrenched in the Levant and has survived the Mamluks, the Crusaders, and the Ottomans, it is only natural that its fate won’t be parallel and decided by the Assad family. It is the regime and not the family that holds higher priority for the Alawites, and even then, negotiating a new pact of governance is the most pragmatic and secure approach for the community’s future in Syria. The heavy toll of the war and the strong presence of Al-Qaeda’s Jabhat Nusra in Northern of the country are ominous signs of what could yet come if no political solution is achieved.

In that context, Russia’s intervention and establishing a presence in Khmeimim airbase in Latakia could make Moscow a key guarantor for the Alawites in a post-Assad Syria. Regional countries such as Saudi Arabia who helped assure the Lebanese Christians at the end of the civil war by brokering the Taif agreement, or Turkey who holds influence in Northern Syria could help in mediating between the Alawites and the opposition.

There is already plenty of buzz regionally of backchannel diplomacy to resolve the Syrian conflict, supervised by John Kerry and Sergei Lavrov, before U.S. President Barack Obama leaves office. There are also questions on recent reports of relieving Maher al-Assad of his duties in the Republican Guard, and what that could mean for the negotiations, for the Alawites and Moscow’s role.

The Alawite declaration this week from Syria, is a critical opportunity to start a conversation about the status of the minority in a post-Assad structure. Absent of guarantees in form of protection and political assurances, this paper will be shelved along a thick bundle of documents and goodwill gestures to resolve the conflict.

 USAToday

*****

WSJ: GENEVA—Talks aimed at ending the five-year war in Syria ground to a halt with the government and opposition divided over fundamental issues, including whether President Bashar al-Assad’s political fate even belongs on the agenda.

The regime insists that Mr. Assad remain in power, and the opposition demands that he step down. With an August United Nations deadline looming to form a new government and the peace process floundering, participants in the talks have floated alternatives aimed at breaking the deadlock that appease some parties but anger others.

Among the ideas are to transfer Mr. Assad’s powers to a handful of deputies; to form a new ruling council comprised of Syrian military officials and moderate rebel leaders; and to coalesce around a new Syrian leader who feuding camps could support.

None of the alternatives has gained traction, and each would face serious, possibly insurmountable, obstacles even if they garnered support in the Geneva talks. The discussions around them are a sign of the lengths to which negotiators are going in an effort to maintain some form of dialogue.

“Geneva is a process without content,” a senior Western diplomat said. Much more here.