Speaker Ryan Retreats on H-2B Visa Outsourcing Program

Breitbart ^ | 12/7/2016 | Neil Munro

[HLPhat]

NTOWY!

[DoughtyOne]

That’s right.

“:^)

[DoughtyOne]

If you’re looking at the 2008, 09 time frame, you’re lucky it was still $5.00. That was a time when many businesses and not a few corporations when belly up.

It was the most turbulent time since the Great Depression. It was so much so that I reference it as another Depression. In some ways, we still haven’t recovered. Jobs is the telling key-note way IMO.

Not trying to trash you here, but executive salaries are figured in with your $40 dollars, and with your $5 dollars.

I’m thinking these guys worked their asses off facing some very difficult problems during that time frame.

I do not look at other people’s salaries, property, belongings and get jealous or angry.

I look at them and am happy for them.

I do ok.

[DoughtyOne]

Thank you for the figures.

Do you think we’re in for a big crash?

I don’t. This market will be between 25 & 30k before Trump’s first administration is done.

Of course that’s baring an international or terrorist act out of his control.

[bobcat62]

My guess is that at least 85% of the H1B visas are granted under fraud. Fraud may not be the word to use in this case. I'd argue that an American citizens could do the jobs held by at least 85 percent of current H1-B visa holder. If that worker from Japan is that outstanding in her field, the employer should have used the O-1 to hire her.

[bobcat62]

No I think 85% is about right on how much of it is based on fraud. I’ve worked with plenty of H1B visaholders (on the same team at some point in time of at least 200 or more total in all the various projects I’ve worked) and I’d say that less than 5% of the ones I’ve worked with had any special skills that would warrant such a visa in alignment with the intent of the program.

My experience has been that less than 5 percent of H1-B holders are outstanding employees. The next 20 percent... they're cheap, compliant & don't rock the boat. The remainder... I'd get better results hiring Howard, Fine, & Howard to do the work.

[gleeaikin]

THe 2008 crash happened when the banks were seriously undersupervised and commercial banking and investment banking were comingled. As to whether we are in for a big crash, a lot depends on how well the Trump administration supervisors the behavior of major financial actors. Incidentally, if you have not seen “The Big Short” you should try to rent it. It details many elements of the 2008 crash.

[DoughtyOne]

Thank you.

I’ll check it out.

[uncommonsense]

"Under EB-5, a foreigner pays $500,000 and is granted a green card, placing the purchaser and immediate family on a road to permanent residency in the United States."

This is what happens when unaccountable corrupt crony globalists mortgage the future of America on the backs of overworked taxpayers, borrowing 44% of every $ spent to buy votes and pad their lock box.