Immigration from Mexico has reached a net zero

Immigration from Mexico has reached a net zero, with as many Mexicans moving back to Mexico as are entering the United States, according to the Pew Research Center’s Jeffrey Passel, a highly regarded demographer who used data from both countries.

The report released Wednesday cited several possible reasons, including, “the weakened U.S. job and housing construction markets, heightened border enforcement, a rise in deportations, the growing dangers associated with illegal border [...]

The US economy is so bad that Mexican illegal immigrants are going home in large numbers and replacements are not showing up.

Net undocumented immigration is now zero:

Number Of Undocumented Immigrants From Mexico Who Are Entering and Leaving U.S. Hits Net Zero, by Amanda Peterson Beadle, ThinkProgress: According to Mexican census data, 1 million undocumented immigrants returned to Mexico from the U.S. between 2005 and 2010 — more than three times the number who said they had returned from 2000 to 2004. The majority of these immigrants are returning to their homes [...]

The Economic Recovery Myth

by zh

There is propaganda, and there are facts. For anyone seeking just one concise, definitive and completely true (as in fact-, not hope- based) explanation of what has happened to the American economy in the past 2 years, we suggest this presentation by former OMB director David Stockman, whose 10 minute appearance on the CNBC’s strategy session left the hosts with absolutely nothing to retort. [...]

“HFTs traded over 1,455,000 contracts, accounting for almost a third of total trading volume on that day. Yet, net holdings of HFTs fluctuated around zero…”

by ZH

A study by Andrei Kirilenko of the CFTC et al (which is also obviously biased as the CFTC, just as the SEC, stand to lose what last credibility they have if it is indeed discovered that it was precisely SEC and CFTC endorsed HFT, and not Waddell and Reed, that was the cause of the Flash Crash, something we refuted flatly last week), which demonstrates [...]