Sunday, April 23, 2023

The U.S. Migrant Issue. Record Number Yet Unmoving.

Posted on Facebook, Oct 2022. Pasckie Pascua. 



THE NEWS. “New York Faces Record Homelessness as Mayor Declares Migrant Emergency.” / “In Record Numbers, Venezuelans Risk a Deadly Trek to Reach the U.S. Border.” 


New York City Mayor sends SOS for state and federal aid as the number of people in city shelters topped 61,000. And the migrant trek seems endless on Bidentime.

       New York Times adds: “Two crises are converging at the perilous land bridge known as the DariĆ©n Gap: the economic and humanitarian disaster underway in South America, and the bitter fight over immigration policy in Washington.”

       That is the main issue: Clashing immigration policy. And as a common fix is in discourse, relative laxity pervades on the borders. That’s despite after President Biden set the admission cap at 125,000 last year to keep pace with the 2023 budget. Middle of last year, the U.S. Border Patrol reported nearly 200,000 encounters with migrants along the U.S.-Mexico border, the highest monthly total in more than two decades.

       And the record number of arrivals keeps on. I lost track of the figures since another all-time high stat was again registered about a month ago. 


FUNDING refugees has evolved into a fiscal management bottleneck than a quixotic humanitarian aid. The Office of Refugee Resettlement provides resources for refugees, asylum seekers, and other new arrivals to the U.S. to assist with their integration into their new community.

       In Fiscal Year 2019, Refugee and Resettlement Assistance comprised a discretionary budget of $1.905 billion. Under FY 2022 funding, each refugee is provided $1,225 per capita grant. From the date of granted asylum, asylees may receive up to 12 months of aid to help meet their most basic needs, such as food, shelter, and transportation. Other sources give a higher number. Children or Unaccompanied Alien Children receive a much higher grant.

       Since FY 2008 there has been a seventeen-fold rise in the numbers of border apprehensions who are unaccompanied children. With rising overall apprehensions, this represents a striking eight-fold increase just between FY 2008 and FY 2019 in the proportion of all apprehensions who are unaccompanied children. There has also been a striking five-fold rise in all children when both unaccompanied and accompanied children are considered.

       Of course, that is expected. Until the U.S. government rework its immigration policy and corresponding relations with Latin American governments, this trend is expected to carry on. But first, legislature needs to set aside party narcissism and arrive to a common agenda. 


Mergers & Acquisitions: A Trend That is Bound to Carry On.

Posted on Facebook, Oct 2022. Pasckie Pascua.



THE NEWS. “What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries.” / “As Fox and News Corp Weigh Merger, an Activist Has Its Own Vision.”


Mergers and Acquisitions. Old, new story. As inflation continues to drive food prices up, and as e-market topnotchers Amazon and Walmart continue to rule retail, Kroger and Albertsons, two of the largest U.S. supermarket chains, move to link up as one.

       Meanwhile, in a related news, in high-end communication galaxy, Irenic Capital Management, which has a $150 million stake in News Corp, wants the company to split up its media and real estate listings businesses. But then, who cares, LOL! M&A is the name of the Fortune 1,001 game—and it seems working, or no brainer. It’s obviously win-win for the 1 Percent Capitalist.

       In 2021, there were 676 merge and acquisition transactions in the U.S. valued at more than $1 billion. Overall, the number of M&A deals last year was 21,107, up from 15,103 in the previous year. For this year, so far, companies have announced slightly more than 22,000 M&A deals, with a total value of $1.85 trillion. 


THE M&A trend is bound to carry on and expand since consolidation (of market share) etcetera work/s for giant corporations or leading franchises. Let’s (re)check the ups.

       A larger business, or one that has joined forces with another business, typically has higher needs in terms of materials and supplies. Purchasing necessary raw materials and/or supplies at larger volumes results in cost efficiency. Significantly, companies joining up means lower labor costs. Multiple staff members doing the same job at each individual company equals lower overhead and operational costs. By eliminating extraneous staff, a business can reduce its overall labor costs while maintaining a stronger, more effective labor force.

       Another: Increased market share by tapping into the resources that both bring to the business deal. This can help companies offer more products to consumers. And so on and so forth. 


SO what’d be the disadvantages of mergers and acquisitions? I don’t know. Start googling. Let’s simplify beyond Mergers & Acquisitions to a similar corporate trick that leave SMEs’ back up against a wall.

       Buyout. Example: If my tiny but thriving entrepreneurial venture which probably earns a few thousands of dollars each month is approached by a giant (who also do the same business, somehow) and is offered $25 million to gobble me out? Or maybe they’d instigate an internal tempest and then my employees threaten me all kinds of (il)legal stuff? What must I do?

       So why not just buy my company? LOL! Maybe you’d say I am a sell-out, right? But then isn’t that happening all over? Let’s start with Adam Neumann, ex-CEO of WeWork. He didn’t really “fall” as media put it. You may look up what he has been into after his supposed “ruin.” More companies!

       Yes, in his regard, why merge? Buy me out. Done. Then I will start a new kickass outfit. Fun!