Domain: economicpopulist.org
Stories and comments across the archive that link to economicpopulist.org.
Comments · 22
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Re:Plenty of low-wage jobs to go around...
Well, if you want data, according the social security adminsitration the average wage has gone up by about $8000 since 2010; however the median wage has gone up by something more like $3000.
This pretty much tells you what you'd expect under trade liberalization: it helps higher wage workers with specialized skills more than it does commodity labor.
The key to understanding data like this, as a sociology professor once told me, is to disaggregate it. If you do you'll see that while the averages and even median that looks fairly rosy over the last thirty years, the picture for median and below has been almost flat for a generation.
That doesn't sound too bad. Sure the wealthy and the well-to-do are getting richer, but nobody (at least no economic slice -- geography tells a different story) is doing worse. But even that result has to be disaggregated. On one hand you have only a modest increase in the overall cost of consumer goods (thanks free trade!); this modest increase along with modest compensation increases produces no growth or loss of purchasing power below median income.
On the other hand if you break out just health incurance, medical care and college tuition, median purchasing power has collapsed in the last thirty years or so.
What this means is that median income people can buy a lot more TVs and home entertainment crap than they could in the 70s, but as that stuff has become cheaper paths to upward mobility have been closing and paths to downward mobility have been opening.
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Here are LINKS to the TRUTH re: Zuckerberg's Scam
FWD.US is a conspiracy created by Mark Zuckerberg to help drive down IT wages in America.
I have no problem with talented immigrants, but American corporations are LYING about the need for those H1B immigrants due to so-called "shortages" of STEM workers in America, and in the offing they are displacing QUALIFIED American workers with those immigrants (in clear violation of the law). Here are some FACTS to counter Zuckerberg's SPIN around his company's (and others, like MSFT, Cisco, Facebook, Google, etc.) cynical attempt to drive down wages. Just look at the recent policy decision to permit H1B spouses to seek work permits in May, 2015 something; that's 150,000 new workers (most of them professionals - and many with IT skills) into an already challenged IT economy. FWD.US is part of a legal conspiracy to drive down tech wages, under cover of the lie that America does not have sufficient STEM talent. Zuckerberg is shilling for his pals, and working against the American IT worker.
FACTS: One of the most respected technology pundits in Silicon Valley has this to say about the H1-B worker problem http://www.cringely.com/2012/1...
Here's an attorney and his consultants teaching corporations how to manipulate foreign-worker immigration law to replace qualified American workers: http://www.youtube.com/watch?v...
H1-B abuse if accompanied by other worker-visa abuse L-1 Visa (H1-B's are only the tip of the iceberg). There are more than 20 categories of foreign worker visas. http://economyincrisis.org/con...
Professor Norman Matloff's extremely well documented studies on this problem. http://heather.cs.ucdavis.edu/...
Federal offshoring of healthcare.gov website http://www.economicpopulist.or...
How H1-B visa abuse is hurting American tech workers http://www.motherjones.com/pol...
There is no stem worker crisis in America http://spectrum.ieee.org/at-wo...
Marc Zuckerberg and wealthy tech scions continue to perpetuate this trend http://programmersguild.org/do...
Yahoo http://finance.yahoo.com/blogs...
Unemployment is a problem in America, and so are our sticky problems with immigration. Undercover of helping those immigrants who have so long labored in our agricultural sector, the American IT sector has seen fit to use the sentiment to help agricultural workers to create a Landslide of advantage for itself. http://www.huffingtonpost.com/...
H1Bs in Sacramento http://www.news10.net/story/ne...
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Mark Zuckerberg is a liar.
Zuckerberg is also a traitor to the American tech worker.
Hey, Mark, MSFT just laid off 18,000 people; Cisco just laid off a bunch; MSFT just the other day closed its research center right down the street from you - filled with gifted coders and brilliance. Mark, there is a MOUND of studies showing NO shortage of STEM works in the US.
Some facts: The H-1B fiasco has cost Americans **$10TRILLION** dollars, since 1975. For anyone who wants to know the truth, read on.
One of the most respected technology pundits in Silicon Valley has this to say about the H1-B worker problem http://www.cringely.com/2012/1... Here's an attorney and his consultants teaching corporations how to manipulate foreign-worker immigration law to replace qualified American workers: http://www.youtube.com/watch?v...
H1-B abuse if accompanied by other worker-visa abuse L-1 Visa (H1-B's are only the tip of the iceberg). There are more than 20 categories of foreign worker visas. http://economyincrisis.org/con...
Professor Norman Matloff's extremely well documented studies on this problem. http://heather.cs.ucdavis.edu/...
Federal offshoring of healthcare.gov website http://www.economicpopulist.or...
How H1-B visa abuse is hurting American tech workers http://www.motherjones.com/pol...
There is no stem worker crisis in America http://spectrum.ieee.org/at-wo...
Marc Zuckerberg and wealthy tech scions continue to perpetuate this trend http://programmersguild.org/do...
Yahoo http://finance.yahoo.com/blogs...
Also, little known is the tactic of creating many different kinds of sub-visa categories to "fool the system". There are almost TWENTY different kinds of work visas. The whole thing is a sham and a lie, designed to drag down wages and keep from having to re-train Americans. Never thought I would see this day!
Some of the information presented in the following links will shock most Americans, because American corporate leaders don't want us to know the truth, and they are paying off policy makers with contributions to keep the truth from us. Bill Gates, John Chambers, Mark Zuckerberg, Eric Schmidt, and many, many others - including the principals of the most prominent immigration law firms, who profit from this outrage, are lying through their teeth. There is NO shortage of STEM workers in the US!!
Last, Zuckerberg has all out lied since day 1 about guaranteeing privacy on Facebook - just outright lied. Facebook has become something that teens shun and will soon go the way of MSFT, run by another deceiver, Bill Gates, on the H1-B issue.
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Corporate outsourcing fraud permeates STEM sector
There is ample evidence that many American corporations have been actively discriminating against American Workers for well over a decade. This is especially true when it comes to STEM work skills. India, China, and Russia have been the main sources of off-shoring (and now, in-shoring). India is the absolute worst, with India's goovernment actively pushing for more H1-Bs because they would rather America hire them than India build proper educational and business infrastructure systems. Indian government is one of the most corrupt on earth (easily as corrupt as some of the worst African states).
Want proof? Unemployment is a problem in America, and so are our sticky problems with immigration. Undercover of helping those immigrants who have so long labored in our agricultural sector, the American IT sector has seen fit to use the sentiment to help agricultural workers to create a Landslide of advantage for itself. http://www.huffingtonpost.com/...
The H-1B fiasco has cost Americans **$10TRILLION** dollars, since 1975. For anyone who wants to know the truth, read on.
One of the most respected technology pundits in Silicon Valley has this to say about the H1-B worker problem http://www.cringely.com/2012/1...
Here's an attorney and his consultants teaching corporations how to manipulate foreign-worker immigration law to replace qualified American workers: http://www.youtube.com/watch?v...
H1-B abuse if accompanied by other worker-visa abuse L-1 Visa (H1-B's are only the tip of the iceberg). There are more than 20 categories of foreign worker visas. http://economyincrisis.org/con...
Professor Norman Matloff's extremely well documented studies on this problem. http://heather.cs.ucdavis.edu/...
Federal offshoring of healthcare.gov website http://www.economicpopulist.or...
How H1-B visa abuse is hurting American tech workers http://www.motherjones.com/pol...
There is no stem worker crisis in America http://spectrum.ieee.org/at-wo...
Marc Zuckerberg and wealthy tech scions continue to perpetuate this trend http://programmersguild.org/do...
Yahoo http://finance.yahoo.com/blogs...
Also, little known is the tactic of creating many different kinds of sub-visa categories to "fool the system". There are almost TWENTY different kinds of work visas. The whole thing is a sham and a lie, designed to drag down wages and keep from having to re-train Americans. Never thought I would see this day!
Some of the information presented in the aforementioned links will shock most Americans, because American corporate leaders don't want us to know the truth, and they are paying off policy makers with contributions to keep the truth from us. Bill Gates, John Chambers, Mark Zuckerberg, Eric Schmidt, and many, many others - including the principals of the most prominent immigration law firms, who profit from this outrage, are lying through their teeth. There is NO shortage of STEM workers in the US!!
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Re:This is like banning it from black people and J
Actually no. take a look here They went even further the designated them terrorists.
Where does that article confirm your claim that the OWS protestors were put on an official terrorist watch list? The term, "watch list," only appears twice on the page, and both times it's in an uncited comment someone left.
The article confirms what I already said. Next time you post a link in an attempt to bolster your argument, you might want to read more than the headline.
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Re:This is like banning it from black people and J
Actually no. take a look here They went even further the designated them terrorists. I don't see anywere where TP and Libertarians treated that way. Just saying its not as simple as you make it out to be the feds are targeting conservatives. Just saying.
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Re:Time to bail
Yes, unemployment is high.
However it is very likely that anything you see on shadowstats is sketchy. Citing it is really a bad idea.
Here's why this number is questionable.
http://www.economicpopulist.org/content/whats-real-unemployment-rate
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Re:The government can blame itself.
I don't know, USA Today seems to agree with me, as does Hilary Clinton and Obama. Here's another.
I'm not digging for it right now, but it seems articles have run here on Slashdot about help desk jobs moving to India partially because the government made it the most logical step.
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AIG in 2008 was safer than U.S. Treasury in 2011?
It's amazing to me that until September 2008, S&P was giving AIG a AAA rating, even though AIG was taking the bad side of everyone's bets on the mortgage market, but now S&P downgrades U.S. debt over concerns about "budget deficits and rising debt burden." The U.S. government still has plenty of room to raise revenue to pay off Treasury Bills, and may even be Constitutionally obligated to do so.
It's just hard to believe that the U.S. Treasury is now considered a riskier borrower than AIG was in 2008. It's also ironic, since a good part of the U.S. debt burden was incurred bailing out AIG and the rest of the financial industry (which assumed AIG credit-default swaps would protect them, in part due to S&P's high rating of AIG). -
Re:Should anybody really be supprised...Well stated, anon. Some mandatory research for everyone else who is unaware of happens in their own country and the planet:
http://www.eatthestate.org/top-10-economic-stories-of-2010/
And some outstanding and general background:
http://csper.wordpress.com/2010/08/12/monopoly-money-and-the-international-banking-cartel/
http://csper.wordpress.com/2010/08/20/global-empire-and-the-international-banking-cartel-part-2/
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Vivek Kundra is a fraud
...calls for cutting 800+ data centers by 2015, as well as shifting work to cloud computing systems.
Correction:
...call for cutting 800+ data centers by 2015 as well as shifting work to privately owned data centers.
If I hear someone talk about cloud computing again I think I’ll lose my lunch.
That said, Vivek Kundra is a fraud. Anything coming from his mouth is tainted. At the very least the guy lied on his resume about having a degree in biology, then all of a sudden his bio changed and he LOST the degree! Good thing there’s an internet archive!
Others agree:But his degree in biology has yet to appear as his record shows a degree from College Park Campus for Psychology and nothing more.
http://www.dvorak.org/blog/2009/08/12/special-report-is-us-chief-information-officer-cio-vivek-kundra-a-phony/
http://www.businessinsider.com/americas-cio-vivek-kundra-must-go-2009-3
http://www.economicpopulist.org/content/obamas-cio-vivek-kundra-previous-close-employees-arrested-fraud-bribery
http://tech.rightpundits.com/?p=36 -
Re:Oh noesCoincidentally, I saw this today, Who Killed the Federal Stimulus?:
Also, please note in the second and third paragraphs how they urge congress to kill the "Buy American" clause in the federal economic stimulus plan.
They were quite successful in effectively killing it, although the media, including the Bretton Woods Committee, reported that it was simply "watered down." (More on that later.) And who is the Bretton Woods Committee?
Officially, they are an economics group promoting widespread knowledge of the IMF and World Bank. In actuality, they are the American-based, international lobbyist group for the ultra-rich. (Please note the emphasis on "international.")
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Re:Step 1.
Excellent point, plus you may wish to peruse this post as well as this follow up post on the matter of the costs of healthcare.
Next, get really politically active....
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Re:Step 1.
Excellent point, plus you may wish to peruse this post as well as this follow up post on the matter of the costs of healthcare.
Next, get really politically active....
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Re:"Legal" but AMORAL"First, moving a company offshore and utilizing legal tax provisions is hardly the moral equivalent of shoving people in ovens or eating them."
Negative - destroying the tax base (the vast majority of corporations pay no federal taxes - per GAO studies, and numerous other independent studies - and thereby account for 7% or less than the federal revenue tax base), while dramatically spreading poverty with their credit derivatives' scams is indeed comparable.
Suggesting mark-to-market is unrealistic - when all it does is establish fair market value is a nonsensical comeback - and suggesting there is governmental control over the banks, when the reality is that the banksters exert control over the government (note the recent Senate vote on cram down, plus everything else voted on) is either completely dishonest or completely ignorant.
Suggest you peruse this article then next follow it with this article and perhaps then you will be a bit more educated on the matters at hand.
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Re:Obviously....
Since just this morning apparently....if 10x my salary as a software engineer is a limit....
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Lobbyists Behind the Curtain
and the same is true on the Democratic side. Obama has promised more guest workers and CBS noted the only thing Congress did while unemployment numbers grew to the highest levels in 6 years (and growing), was try to pass....more guest worker Visas! The reason is those big money lobbyists. The fact that there is no shortage of workers in these advanced professional areas, the fact that 51% of women are getting forced out of these fields, that age discrimination is almost a guarantee, doesn't bother Politicians because they only pay attention to that big buck elite donor class! Look at McCain. He is completely ignoring the testimony of so many labor economists, policy experts who have shown there is actually more people with highly advanced skills who are Americans than jobs and he literally is trying to use as a campaign slogan a completely debunked, job creation lie. Not only has this claim of importing foreign labor creates jobs been completely refuted by economists repeatedly, the only place this theory has been touted is from the damn corporate lobbyists press kits! It's a pure lie. It's incredible and completely wrong, completely not based in fact, theory or statistics. Does that bother McCain? Hell no, he just keeps claiming these lies that come from one source, the corporate lobbyists pushing for more guest worker Visas to advanced their global corporate controlled migration and arbitrage agenda. I'd say we're in huge trouble due to our Government being bought by special interests.
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Written by NASSCOM, Intel and HP!
You missed who wrote his platform! He believes in Fictional Employment Theory, a little known contrived system conceptualized by a lobbyist near you! McCain likes to spew this rot to workers who just lost their jobs. Either McCain has to be one of the best snake oil salesmen of all time or someone has implanted a diode in his head to turn off his brain.
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US tries to get more guest worker Visas
While we have these damning unemployment statistics, two events have happened. Guest worker Visas said ok by US trade representative. Congress Reacts to Soaring Unemployment by Passing more guest worker Visas. Clearly our government is strongly trying to displace and sell out United States citizen professional workers. Believe it and weep Americans.
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US tries to get more guest worker Visas
While we have these damning unemployment statistics, two events have happened. Guest worker Visas said ok by US trade representative. Congress Reacts to Soaring Unemployment by Passing more guest worker Visas. Clearly our government is strongly trying to displace and sell out United States citizen professional workers. Believe it and weep Americans.
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IT employment news summary: July 29th to Aug 7th
Sorry if there any errors, or omissions, I am trying to be accurate. A lot has happend in a little over a week.
The following takes place between July 29th and August 7th:
August 07, 2008:
Judge rejects student visa injunction sought by H-1B opponents
Tech workers don't have standing to fight Bush administration visa move
http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9111963August 07, 2008:
Jobless claims surge to highest level in 6 years
http://money.cnn.com/2008/08/07/news/economy/jobless_benefits.ap/index.htm?cnn=yesAugust 06, 2008:
Bureau of Labor Statistics reports big drop in tech jobs
Almost 50,000 IT positions lost in last 12 months
http://money.cnn.com/2008/08/07/news/economy/jobless_benefits.ap/index.htm?cnn=yesAug 06,2008:
Yet another visa, this one allows 5000 Koreans to work in the USA each year
http://english.chosun.com/w21data/html/news/200808/200808060014.htmlAugust 06, 2008:
Apple sued over treatment of it's tech workers
http://www.theinquirer.net/gb/inquirer/news/2008/08/06/apple-gets-sued-indenturedAugust 05, 2008:
Bogus diploma ring busted
http://www.chicagotribune.com/business/content/education/chi-diploma-mill-04-aug04,0,2164133.storyAugust 03, 2008:
July marks seventh consecutive month of job loses
http://www.mcclatchydc.com/227/story/46146.htmlAugust 02, 2008:
Sun to cut between 1000 to 2500 jobs
http://blogs.wsj.com/biztech/2008/08/01/sun-us-tech-market-wont-shine-soon/August 01, 2008:
Gartner's grim IT hiring outlook
http://blogs.zdnet.com/careers/?p=140August 01, 2008:
Feds charges man for H1-B fraud
http://www.pe.com/localnews/inland/stories/PE_News_Local_S_visa01.47edb3e.html#Jul 31, 2008:
More than 3.7 million Americans had full-time jobs chopped to part time
the largest figure since the government began tracking such data more than half a century ago.
http://www.nytimes.com/2008/07/31/business/economy/31jobs.html?_r=1&hp&oref=sloginJuly 31, 2008:
Layoffs set for 22,000 California state workers
http://www.mercurynews.com/news/ci_10046324July 30, 2008:
WTO Doha talks collapse
India's backdoor attempt to allow more H-1Bs into the USA failed, for now
http://www.economicpopulist.org/?q=content/why-you-should-be-thrilled-wto-doha-talks-collapsedJuly 30, 2008:
NY gov slashes spending; state said in "recession"
http://www.reuters.com/article/domesticNews/idUSN3032764920080730?pageNumber=1&virtualBrandChannel=0July 30, 2008:
China trade has cost 2.3 million U.S. jobs
http://www.reuters.com/article/politic -
But who is making the straw man argument?A straw man is when you create a new position that your opponent is not advocating, and then attack that new position.
The primary link is to Robert Oak's blog
- and Oak is unquestionably arguing for corporate governance enforced through legislation:
we must make corporate entities accountable to the citizenry of the United States. We must realize not only can we do precisely that, we must do precisely that. We must hold and make these US based corporations responsible and responsive to the United States national interest.
In order to convince lawmakers to pass legislation and enact policy we desperately need and also to console [sic] legislators, to assure such new legislation and policy would not be overturned in the courts...
- recalling the downfall of the National Recovery Administration {The Blue Eagle of the NRA] in 1935.
I am also uncomfortably reminded of the economic nationalism - or populism, if you prefer, of the Smoot-Hawley Tariff