Welcome to Outrageous Economic Shorts, the reader's digest of economic horror. Below are studies, facts and figures that should be enough to make your hair curl. Unfortunately information like this pops up every week. Yet read it and weep, here's some of the latest.
This week in economic outrage has some real winners. Everyday there are so many injustices it is hard to keep up. Here are some cut to the chase boil downs of news and events you might have missed. As usual, corporations are running the government while the American people and labor be damned.
As expected, the Senate betrayed workers everywhere and passed the corporate cheap labor laden immigration bill and now lobbyists are pushing it to pass the House before voters can react in 2014. America's workers only hope now lies with Republicans, not exactly known for their labor friendly agenda. The situation is bleak. Even the AFL-CIO has sold out U.S. technical workers as well as low wage workers and endorsed the Senate bill.
There is a war going on and it is against the U.S. worker. Tech companies have formed lobbyist groups, phony think tanks and social media traps. CEOs luncheon with the President of the United States, whispering their demands in the President's ear and he heartily obliges them Tech companies even wrote legislation, which was promptly passed by the Senate Judiciary committee under the guise of Comprehensive Immigration Reform.
America has a problem, a big problem. We have a Congress who will only act when powerful lobbyists throw enough money at them. Such is the result of the new Comprehensive Immigration Reform bill. This bill will be an unmitigated disaster for working America. The bill increases the U.S. legal labor supply by at least 14 million by giving not just those here illegally legal status but also those who were previously deported who still have family members in the U.S. the legal status to work.
It is 2013 and a dirty little secret is once again coming to light. Silicon valley is devoid of women computer scientists and engineers. It all started at a tech conference where two men in the audience were engaging in tech's typical juvenile sex jokes chatter with a woman techie sitting right in front of them.
The Lobbyists are gearing up in hopes of obtaining more methods to flood the U.S. labor market with cheap, controllable foreign labor. The target is to include their agenda in the upcoming Comprehensive Immigration Reform legislation. As a result, we have been inundated with lobbyists lies, planted articles and even faux pas Congressional hearings, all geared to media spin the public. CEOs are even having summits, all to make sure they obtain more foreign labor so these businesses do not have to hire Americans.
Is the “fiscal cliff” real or just another hoax? The answer is that the fiscal cliff is real, but it is a result, not a cause. The hoax is the way the fiscal cliff is being used.
The fiscal cliff is the result of the inability to close the federal budget deficit. The budget deficit cannot be closed because large numbers of US middle class jobs and the GDP and tax base associated with them have been moved offshore, thus reducing federal revenues. The fiscal cliff cannot be closed because of the unfunded liabilities of eleven years of US-initiated wars against a half dozen Muslim countries–wars that have benefited only the profits of the military/security complex and the territorial ambitions of Israel. The budget deficit cannot be closed, because economic policy is focused only on saving banks that wrongful financial deregulation allowed to speculate, to merge, and to become too big to fail, thus requiring public subsidies that vastly dwarf the totality of US welfare spending.
The House of Representatives is out to destroy the American Science, Technology, Engineering and Mathematics Professional. Republicans passed H.R. 6429 with the oxymoron title, STEM Jobs Act of 2012. STEM stands for Science, Technology, Engineering and Mathematics and this bill gives 55,000 foreigners a year who graduate from an American university with a Masters or PhD in these fields an employment sponsored green card. Democrats didn't like it, not because it will labor arbitrage American Technical Professionals and lock out some Americans from even being accepted into Masters and PhD university programs. No, Democrats don't like the idea of separating the agenda of giving those here illegally legal status from the corporate lobbyist never ending demand for more foreign guest worker Visas and turning the American higher education system into a glorified green card ATM. Democrats believe they will never get their unlimited migration agenda through Congress without sacrificing the American Science and Technology professional to the globalization wolves.
Ah, the never ending word gotcha games of Election 2012. The Internets went abuzz with binders as a symbol of female oppression after the second Presidential debate. We even have Amazon office binder reviews being carpet bombed with political statements. While funny as hell, economic oppression of women is not so funny. Nor is it a word game.
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