Tag Archives: US economy

Newsweek: ICE responds after beloved bagel house boss’ arrest sparks protests

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A manager of a New York bagel house was detained by federal immigration agents earlier this month, sparking outrage across the community.

Fernando Mejia, 41, who runs Port Washington’s Schmear Bagel & Cafe, was apprehended by U.S. Immigration and Customs Enforcement (ICE) agents outside the business on June 12, the Long Island Press reported.

When contacted for comment by Newsweek, a spokesperson for ICE said: “U.S. Immigration and Customs Enforcement encountered Fernando Alberto Mejia-Flores, a Salvadorian national, during a daily routine law enforcement action in the vicinity of Port Washington, New York, June 12. Mejia-Flores was identified as a fugitive alien with a Final Order of Removal. ICE arrested him and transported him to an ICE processing facility in Central Islip, New York.”

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The American Immigration Council estimates that the president’s mass deportation policy could slap a one-time cost of $315 billion on the country.

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“Fernando was also recently hospitalized for medical issues, which make his sudden detention all the more dangerous to his well-being,” a post on GoFundMe reads. “His sudden detention has also left his family, including his 14-year-old daughter, emotionally devastated and facing immediate legal battles.”

ICE responds after beloved bagel house boss’ arrest sparks protests
Fernando Mejia who runs Port Washington’s Schmear Bagel & Cafe, was apprehended by ICE agents outside the business earlier this month.

https://www.newsweek.com/fernando-mejia-bagel-house-ice-immigration-2089381

Bloomberg: Key Republican Hopes ‘Revenge’ Tax Will Be a Never-Used Deterrent

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House Ways and Means Committee Chair Jason Smith on Friday defended the provision, called Section 899, which calls for increasing income tax rates on foreign individuals and companies from countries whose tax policies the US deems “discriminatory.

A key House Republican tax negotiator said he hopes the so-called “revenge” measure in President Donald Trump’s tax and spending bill targeting foreign investors will be a deterrent that is never deployed. 

So the next time a narcissist fruitcake like Trump fibs his way into the Oval Office, he will have another tool with which to destroy our economy and alienate any friends that we might have left. Many wise foreign investors and business will simply avoid doing business in the U.S.A.

Bloomberg: Key Republican Hopes ‘Revenge’ Tax Will Be a Never-Used Deterrent

https://www.bloomberg.com/news/articles/2025-05-30/key-house-republican-hopes-revenge-tax-on-foreign-investors-will-never-be-used

Daily Mail: America’s energy revolution goes from boom to bust after Trump’s tariffs and sneaky move by Saudi Arabia

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Oil bosses have warned that America’s energy boom is over, as Trump’s tariffs raise production costs and crude prices fall thanks to an increase in production from Saudi Arabia.  

The shale revolution of the last few years delivered huge volumes of cheap oil and gas that powered the US economy and broke dependence on foreign imports from places such as Iran, Russia and Venezuela.  

Production hit record highs under President Joe Biden, but is now falling under Trump.

The situation presents a direct contradiction to the President’s pledges to ‘drill baby drill’ and assert America’s ‘energy dominance.’ 

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‘Saudi is trying to regain market share and they’ll probably get it over the next five years,’ Sheffield explained. 

America’s energy revolution goes from boom to bust after Trump’s tariffs and sneaky move by Saudi Arabia

https://www.dailymail.co.uk/yourmoney/article-14757637/america-shale-boom-bust-trump-tariffs-opec.html

Guardian: Mass resignations at labor department threaten workers in US and overseas, warn staff – as more cuts loom

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Last month Jihun Han, chief of staff to the US secretary of labor, Lori Chavez-DeRemer, sent a staff-wide email warning they could face criminal charges for speaking to journalists about agency business.

“All of the core aspects of working life can no longer be assumed, because the Department of Labor was chronically underfunded for a long time, and eliminating half the staff, or whatever their goals are, will cause it to be absolutely dysfunctional,” the BLS employee said. “I think it’s catastrophic.”

Paranoid, anyone?

Ever heard of the First Amendment?

Mass resignations at labor department threaten workers in US and overseas, warn staff – as more cuts loom
A “catastrophic” exodus of thousands of employees from the US Department of Labor threatens “all of the core aspects of working life”, insiders have warned, amid fears that the Trump administration will further slash the agency’s operations. The federal agency has already lost about 20% of its workforce, according to employees, as nearly 2,700 staff took retirement, early retirement, deferred resignation buyouts or “fork in the road” departures…

https://www.msn.com/en-us/news/us/mass-resignations-at-labor-department-threaten-workers-in-us-and-overseas-warn-staff-as-more-cuts-loom/ar-AA1E6aS3