>> Mark Zuckerberg ($50 million) and the Chamber of Commerce
Do these folks care about the “pre-existing” labor force?
As long as it is in the interest of individual congressmen to do the wrong thing, well . . .
If the States were represented in the Senate, there isn't a chance amnesty would go anywhere. It is past time recognize that our system rewards good men to do wrong. We must return to the better system of our framers, which prodded less than virtuous men to do the right thing.
all abut the cheapest labor possible
Haley Barbour said yesterday on some news show that Americans won’t work in chicken factories or on farms.
He SAID that those working on farms are ILLEGALS, and hinted that it’s the same in chicken factories.
OF COURSE, they won’t take a job taking $5 an hour under the table. Get rid of the illegal serf wage labor, and force them to pay a market rate, what free people will trade their labor for to do that job, and it’ll be packed with job applicants.
Will our prices go up? Only temporarily. Efficiencies will eventually dominate. I watched a grape picking machine driving down a row of grape vines not too long ago. It needed a driver, but it didn’t need 50 pickers.
Serf wage is the enemy of efficiency.
Zuckerberg is a tool of investment bankers.
Facebook is not a huge moneymaker.
The billions that Zuckerberg has acquired did not come from earnings but from a sweetheart deal with investment bankers.
Where do investment bankers get their money mostly? The Federal Reserve.
Therefore, Zuckerberg’s pledge of money to immigration legislation is from funds that have been granted him through an IPO in the stock market and he is pledging it under the direction of bankers who are backed by an entity that creates it in a computer.
What has happened since the repeal of Glass-Steagall is that bankers have political access to money creation via the Federal Reserve.
In short, the Ruling Class no longer needs the taxpayer.
After they fire them, no.
Minimum wage could go below zero -- i.e., people could end up paying to have a job, a place to stay dry and warm/cool during the day, and a coupla tacos and Cokes for lunch.
When Business Week checked on a Ford factory down in Torreon, I think it was, they found a guy welding steel for Ford for $75/week + car fare + taco lunch. He lived in a dirt-floor cement shack with two kids, his pregnant wife, and his mother-in-law. This is America's future if these guys get their way.