immigration

Saturday Reads Around the Internets - This Week in the Economic Horror Show

shocknews Welcome to the weekly roundup of great articles, facts and figures. These are the weekly finds that made our eyes pop.

 

Libor Manipulating Banks Want Civil Fine Settlement

As expected, it appears those banks manipulating the LIBOR are after a group settlement. In other words, if you're expecting heads to roll and criminal charges, dream on.

The Never Ending Science & Technology Job Lie

stem
Almost daily we have article plants by corporate lobbyists claiming a dire shortage in skilled labor, specifically Scientists, Technologists, Engineers and Mathematicians. These occupational areas are collectively known as STEM. Yet the Washington Post, normally a bastion of corporate drum beating propaganda and economic nonsense, called cash on the cry for more Science, Technology, Engineering and Mathematics workers. They point to the glut of PhDs in the United States, in part due to the offshore outsourcing of pharmaceutical research.

Michelle Amaral wanted to be a brain scientist to help cure diseases. She planned a traditional academic science career: PhD, university professorship and, eventually, her own lab.

But three years after earning a doctorate in neuroscience, she gave up trying to find a permanent job in her field.

Dropping her dream, she took an administrative position at her university, experiencing firsthand an economic reality that, at first look, is counterintuitive: There are too many laboratory scientists for too few jobs.

Immigration Banter Leaves U.S. Workers in the Dust

cheap labor flowsHouston, we have a problem. We need jobs. The never ending political banter on immigration is a droning inane brew of special interests. One thing always is constant. At the back of the pack is America's middle class. We even have various groups supposedly representing U.S. labor who seem to be interested in illegal immigrants instead. Even worse, we have numerous lobbyists spinning out economic fiction, trying to claim offshore outsourcing is good for America or displacing U.S. workers with foreigners is somehow good economically. Neither is true. Worker displacement is worker displacement and if anyone is alive these days, the employment statistics say it all. Indeed we saw the foreign born getting majority of the jobs from 2008-2010. We need jobs for U.S. citizens, American workers. We also need a big legal rubber stamp proclaiming U.S. workers are preferred for all jobs within our shores.

The Great Worker Shortage Lie is Alive and Well

Corporate offshore outsourcing lobbyists are on a roll, going on talk shows and writing propaganda plants as articles. White papers are falling like snow where even labor economics equations are manipulated. Every day we hear pure statistical fiction and politicians tout corporate lobbyist provided talking points, even in GOP debates. Why? Corporations are demanding more immigration and foreign guest worker Visas to displace Americans, repress wages, technology transfer and offshore outsource further.

Stimulus Money Used to Employ Foreign Guest Workers Instead of Americans

Congressman Peter DeFazio smelled a rat and boy did he find one. A host of Oregon forest thinning and clearing jobs, created by the American Recovery Act and funded by taxpayer dollars, went to foreigners, brought over on H-2B guest worker visas, instead of unemployed Americans. DeFazio fought and obtained funding for those forest projects and jobs in the 2009 Stimulus bill. DeFazio assumed with so many unemployed and desperate U.S.

Saturday Reads Around The Internets - It Could Have Been Worse

shocknews
Welcome to the weekly roundup of great articles, facts and figures. These are the weekly finds that made our eyes pop.

 

It Could Have Been Worse

About the only thing Populist Progressive Democrat Congressman Peter DeFazio can say about Obama these days is it could have been worse. Long slide down from the irrational exuberance of 2008.

 

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