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AP Investigation: Banks sought foreign workers
- Thread starter Compulsive
- Start date
I already discussed this.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2284322
Divide and conquer. Cyrus used this strategy. However the masters of the strategy were the Romans. And now there are new masters of this strategy. People without allegiance to any state.
http://www.elitetrader.com/vb/showthread.php?s=&postid=2284322
Divide and conquer. Cyrus used this strategy. However the masters of the strategy were the Romans. And now there are new masters of this strategy. People without allegiance to any state.
Quote from Illum:
This is a story with legs. But talking to people, the BAC conference on breaking unions while taking tax money has people pissed. But the people I know are middle class so... it is biased.
Blagojevich knows better than anyone else of why you never mess with the banks. Blago thought he had enough pull to call for a boycott of BAC. he should have taken the path of Bush and Obama. At least they are smart enough to know who is master.
Quote from Fractals 'R Us:
They come from countries that spend a lot on education so they can send people to the West to earn and send money back.... anyhow I'm prejudiced, I was sidelined from having a great engineering job all my life by H1b's.. corporations love them here because they have them on the hook, they can't quit their jobs, therefore they have no wage leverage. I see H1b's as scabs really... at least there is a lot more money in trading than technical work!!
I can recall whole departments of Iranians for example, all H1b's, all Iranian, and they would not deal with another department unless it had an Iranian to send to the meeting... they saw it as a big education = take the money and takeover game, probably the guys back home that paid for their schooling did as well... of course there were lesbian departments that would not share info unless you sent a woman... corporate politics = aaarrrrrgggghhhhh!!! In fact I can recall sending the good looking Iranian woman to the lesbian department to get a piece of info before.... people wonder why we just quit what we're doing for trading...
Ignorance, is what prevented you from a "great engineering career." I spent many years in the engineering arena, and your descriptions are only appropriate for Dilbert, not for reality. None of it rings true. The US unemployment rate among engineers has been something like 2-3% for many years.
As to most of the posts within this thread, it is like listening to a group if 8th graders in the boy's room arguing whose is longer.
The US unemployment rate of engineers has always been very low. If engineers were not brought here, as many companies demanded to fill hard-to-fill roles, the ENTIRE function could get outsourced permanently, completely losing the benefits of those jobs. Having immgrants here doing this is far better.
Try studying business economics 101.
As to the responses, I cringe at the simpleton responses if it continues in the same path as many posts above.
I already put mach007, hadtoughLife and Illum on ignore. Raised the IQ of this thread by 40 points, alone...
The US unemployment rate of engineers has always been very low. If engineers were not brought here, as many companies demanded to fill hard-to-fill roles, the ENTIRE function could get outsourced permanently, completely losing the benefits of those jobs. Having immgrants here doing this is far better.
Try studying business economics 101.
As to the responses, I cringe at the simpleton responses if it continues in the same path as many posts above.
I already put mach007, hadtoughLife and Illum on ignore. Raised the IQ of this thread by 40 points, alone...
1) Banks REQUESTED visas for 21,800 workers. Number of visas they actually RECEIVED is much much less. Because total amount of H1B visas granted in a year is something like 50,000. But the big number looks better in headlines.
2) As the patriotism tsunami takes over the world, America will be the biggest loser. Imagine other nations throwing McBurgers to the trash (where they belong), replacing Windows by Linux, Boeing by Airbus etc. And pulling quazillions of dollars of foreign capital from US banks accounts.
2) As the patriotism tsunami takes over the world, America will be the biggest loser. Imagine other nations throwing McBurgers to the trash (where they belong), replacing Windows by Linux, Boeing by Airbus etc. And pulling quazillions of dollars of foreign capital from US banks accounts.
That Economics 101 trade class really provided great insight into the reciprocity of foreign trade. And what jobs came into the US while domestic companies were busy outsourcing? Any jobs?
I'll go with Buffet and the Columbia U school of education that the US will wind up being a country of sharecroppers and/or a colony of China.
I'll go with Buffet and the Columbia U school of education that the US will wind up being a country of sharecroppers and/or a colony of China.