Republican Senators Float National DREAM Act

Last presidential election cycle, Texas Governor Rick Perry was disqualified by the Republican base largely because of his support for Texas’ DREAM Act, granting in-state tuition to illegal immigrants. Now Senate Republicans are proposing a national version of the same act, suggesting that young illegal immigrants be handed legal status in the United States for attending college. According to GOP Sens. Jon Kyl (AZ) and Kay Bailey Hutchison (TX), the time for the bill is now. “We have got to get this ball rolling,” said Kyl. “We have to have a discussion that is sensible, that is calm.”

Kyl and Hutchison say they’ve worked through the legislation with Sen. John McCain (R-AZ) and Sen. Marco Rubio (R-FL). Rubio is widely considered a frontrunner for the 2016 Republican nomination.

In the wake of Republicans’ devastating 2012 election losses, many on the right have speculated that the party must reach out to the Latino community. But instead of pursuing comprehensive immigration reform which would trade border security for a pathway to citizenship for the millions of illegal immigrants living in the United States – or even pursuing the DREAM Act as part of a larger immigration package – the Republicans seem to be considering handing the Democrats not only a political win, but an incentive for more illegal immigrants to come to the United States.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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