Saturday, February 22, 2025

 pcr knows more about this countries history and money policies than any other i see speaking about it;


Jobs Offshoring and Work Visas Are Means of Enriching Corporate Executives with “Performance bonuses” for Replacing American Labor with Lower Paid Foreign Labor, thus Reducing Aggregate Demand in the US 

Paul Craig Roberts

From The Failure of Laissez Faire Capitalism and Economic Dissolution the West (Clarity Press, 2013)

“The U.S. Chamber of Commerce and immigration advocates, such as the American Immigration Lawyers Association, immediately went to work to defeat or to water down the amendment. Senator Grassley’s attempt to prevent American corporations from replacing American workers with foreigners on H-1B work visas in the midst of the most serious economic crisis since the Great Depression was met with outrage from the U.S. Chamber of Commerce, a business lobby determined to protect the multi-million dollar bonuses paid to American CEOs for reducing labor costs by replacing their American employees with foreign employees.”

“On January 23, 2009, Senator Grassley wrote to Microsoft CEO Steve Ballmer:

“I am concerned that Microsoft will be retaining foreign guest workers rather than similarly qualified American employees when it implements its layoff plan.  As you know, I want to make sure employers recruit qualified American workers first before hiring foreign guest workers.  For example, I cosponsored legislation to overhaul the H-1B and L-1 visa programs to give priority to American workers and to crack down on unscrupulous employers who deprive qualified Americans of high-skilled jobs.  Fraud and abuse is rampant in these programs, and we need more transparency to protect the integrity of our immigration system.........more......

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