mike mohr's Comments mike mohr's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/38571/comments On Meet the Press this morning, Alan Greenspan says the Fed has done all it can to reduce unemployment, and needs to worry more about inflation. "There's just so much monetary policy and the central bank can do. And I think they've gone to their limits." http://seekingalpha.com/news/market_currents/post/38164?source=feed#comment-804213 804213 Sun, 13 Dec 2009 18:09:25 -0500 Even with 10% unemployment, there's no shortage of demand for foreign hires. This year's quota of 65,000 H-1B visas is all but exhausted, less than three months into the government's fiscal year. http://seekingalpha.com/news/market_currents/post/38156?source=feed#comment-803324 803324 Bottom line we must abolish H1B visa programs and send these guys back to open up positions for Americans.
Or tax the hell out of employers who hire H1B visa workers.


On Dec 12 06:48 PM themackattack wrote:

>
>
> Don't let anyone fool you -- there are plenty of americans already
> capable of doing these jobs. Only problem is, they will want american
> wages.
>
> Believe me, the main reason companies want these H1B's so badly is
> you get the skills at a much cheaper price than if you had to buy
> American.
>
> It's a travesty that, with 10% unemployment, we let companies import
> cheap talent.
>
> Take it from someone who knows...Working in technology, Ive worked
> with and employed quite a few of these folks.
>
> Another funny thing -- companies are supposed to prove they have
> "searched for an American to do the job" before they can get an H1B
> approval. In my experience, that usually consisted of putting a
> want ad in a newspaper somewhere just to fulfill the legal requirement.
> When was the last time you saw a software developer pick up their
> local newspaper and search the want ads for a job?]]> Sat, 12 Dec 2009 20:01:18 -0500 Bottom line we must abolish H1B visa programs and send these guys back to open up positions for Americans.
Or tax the hell out of employers who hire H1B visa workers.


On Dec 12 06:48 PM themackattack wrote:

>
>
> Don't let anyone fool you -- there are plenty of americans already
> capable of doing these jobs. Only problem is, they will want american
> wages.
>
> Believe me, the main reason companies want these H1B's so badly is
> you get the skills at a much cheaper price than if you had to buy
> American.
>
> It's a travesty that, with 10% unemployment, we let companies import
> cheap talent.
>
> Take it from someone who knows...Working in technology, Ive worked
> with and employed quite a few of these folks.
>
> Another funny thing -- companies are supposed to prove they have
> "searched for an American to do the job" before they can get an H1B
> approval. In my experience, that usually consisted of putting a
> want ad in a newspaper somewhere just to fulfill the legal requirement.
> When was the last time you saw a software developer pick up their
> local newspaper and search the want ads for a job?]]> Wrapping up the White House jobs summit, President Obama said some ideas he heard are ripe for legislation, that there are possibilities for tax incentives in job creation, and that he would push for green jobs. A "jobs bill" that was a long shot a few weeks ago seems closer to reality. http://seekingalpha.com/news/market_currents/post/37645?source=feed#comment-789484 789484 Thu, 03 Dec 2009 21:16:48 -0500 Emerson Electric (EMR) CEO David Farr says - pointedly - he will keep focusing on growth overseas: "Washington is doing everything in their manpower, capability, to destroy U.S. manufacturing." The company has eliminated more than 20,000 jobs this year. "What do you think I am going to do? I’m not going to hire anybody in the United States. I’m moving." http://seekingalpha.com/news/market_currents/post/36328?source=feed#comment-756048 756048 Wed, 11 Nov 2009 16:47:04 -0500 Options Trader Wrong-Way Weekly Wrap-Up: Party Like It's 1999 http://seekingalpha.com/article/172112-options-trader-wrong-way-weekly-wrap-up-party-like-it-s-1999?source=feed#comment-751727 751727 Sun, 08 Nov 2009 20:31:38 -0500 While Goldman CEO Lloyd Blankfein understands that "people are pissed off" with bankers, he says everybody should be happy: "Companies are looking to grow again and raise money. That's where we come in. The financial system may have led us into the crisis but it will lead us out." http://seekingalpha.com/news/market_currents/post/36077?source=feed#comment-751301 751301 Sun, 08 Nov 2009 17:07:38 -0500 We know about the laws of supply and demand, but what if economics violates the laws of physics? Some academics are arguing that a model for consistent economic growth ignores diminishing energy supplies. As one professor puts it: "Neoclassical economics is inconsistent with the laws of thermodynamics." http://seekingalpha.com/news/market_currents/post/34949?source=feed#comment-728222 728222
The GOP solution is to start a useless war kill more young to reduce gasoline demand. Don't forget the financial mess happen on Bush watch.]]> Sat, 24 Oct 2009 10:04:36 -0400
The GOP solution is to start a useless war kill more young to reduce gasoline demand. Don't forget the financial mess happen on Bush watch.]]> Could an Eliot Spitzer comeback really happen? (Vanity Fair) http://seekingalpha.com/news/market_currents/post/25882?source=feed#comment-544864 544864 Fri, 12 Jun 2009 23:53:28 -0400 Facing antitrust concerns in Europe, Microsoft (MSFT) will release its new operating system in the region without Internet Explorer. The decision surprised EU regulators, who noted "rather than more choice, Microsoft seems to have chosen to provide less." http://seekingalpha.com/news/market_currents/post/25851?source=feed#comment-543618 543618 Fri, 12 Jun 2009 08:58:58 -0400 Henry Blodget blasts Microsoft (MSFT) CEO Steve Ballmer, says MSFT needs to 'face reality.' http://seekingalpha.com/news/market_currents/post/25124?source=feed#comment-524294 524294 Sat, 30 May 2009 14:12:59 -0400 Get used to sub-2% GDP growth, Pimco's El-Erian says. "We are transitioning to what we call at Pimco a new normal." Outspoken analyst David Rosenberg agrees: "This is going to be a new era of frugality. This isn't some flashy two- or three-quarter deal. This is a secular change in household attitudes." http://seekingalpha.com/news/market_currents/post/24922?source=feed#comment-518888 518888 Tue, 26 May 2009 20:50:12 -0400 Former Fed chief Alan Greenspan talks the markets higher, saying we're finally seeing the "seeds of bottoming" in housing, and that it's "very easy to see" financial markets continuing to improve. Greenspan was one of the first to predict a recession in 2007. http://seekingalpha.com/news/market_currents/post/24072?source=feed#comment-501281 501281 Tue, 12 May 2009 20:04:46 -0400 ECB's Trichet says the global economy is near the 'inflection point' and the 'international economic downturn is easing.' An exit strategy for central banks from special stimulus measures is 'essential.' http://seekingalpha.com/news/market_currents/post/24020?source=feed#comment-500250 500250 He is the biggest moron I have ever seen.]]> Tue, 12 May 2009 09:50:09 -0400 He is the biggest moron I have ever seen.]]> Major battle brewing between the Obama administration and the corporate lobby over White House plans to raise taxes on overseas profits - which could cost multinationals $100B over the next decade. http://seekingalpha.com/news/market_currents/post/21287?source=feed#comment-453171 453171 Mon, 06 Apr 2009 09:19:06 -0400 Home buyers who bought the "median priced single-family" home at the 1979 peak are now under water. http://seekingalpha.com/news/market_currents/post/20808?source=feed#comment-444541 444541 Am I missing something?]]> Sun, 29 Mar 2009 20:09:10 -0400 Am I missing something?]]> Home buyers who bought the "median priced single-family" home at the 1979 peak are now under water. http://seekingalpha.com/news/market_currents/post/20808?source=feed#comment-444519 444519 Sun, 29 Mar 2009 19:27:34 -0400 Bernanke Desperate, Fed Out of Ammo http://seekingalpha.com/article/127201-bernanke-desperate-fed-out-of-ammo?source=feed#comment-436367 436367 Mon, 23 Mar 2009 09:27:07 -0400 The Senate's stimulus package is nearing $1T with extra spending earmarked for medical research and tax breaks for car buyers. http://seekingalpha.com/news/market_currents/post/16910?source=feed#comment-375306 375306 Wed, 04 Feb 2009 08:59:25 -0500 The Autos and Mentality That Ruined Detroit http://seekingalpha.com/article/106189-the-autos-and-mentality-that-ruined-detroit?source=feed#comment-307429 307429 Sun, 16 Nov 2008 18:00:37 -0500 A Tipping Point for Virtualization http://seekingalpha.com/article/98213-a-tipping-point-for-virtualization?source=feed#comment-279983 279983 UIS is a dying company with nothing to offer in IT]]> Sat, 11 Oct 2008 16:27:50 -0400 UIS is a dying company with nothing to offer in IT]]> Comcast's Internet Cap Debate http://seekingalpha.com/article/93318-comcast-s-internet-cap-debate?source=feed#comment-242937 242937 Mon, 01 Sep 2008 00:37:45 -0400 Have We Reached the Turning Point? http://seekingalpha.com/article/90382-have-we-reached-the-turning-point?source=feed#comment-228366 228366 Mon, 11 Aug 2008 23:52:10 -0400 Economic Report Summary: Housing Market Getting Worse, Not Better http://seekingalpha.com/article/90186-economic-report-summary-housing-market-getting-worse-not-better?source=feed#comment-227249 227249 I noticed that four houses were sold in my neighborhood in past three weeks after sitting in the market for over six months.
]]> Sun, 10 Aug 2008 15:19:05 -0400 I noticed that four houses were sold in my neighborhood in past three weeks after sitting in the market for over six months.
]]> Why the U.S. Government Is Using Your Money to Help Fannie and Freddie http://seekingalpha.com/article/84779-why-the-u-s-government-is-using-your-money-to-help-fannie-and-freddie?source=feed#comment-204790 204790 ]]> Sun, 13 Jul 2008 23:13:16 -0400 ]]> Preparing for the Fall http://seekingalpha.com/article/80438-preparing-for-the-fall?source=feed#comment-180689 180689 Fri, 06 Jun 2008 21:46:05 -0400 Greenspan, Bailouts and Fed Policy http://seekingalpha.com/article/72133-greenspan-bailouts-and-fed-policy?source=feed#comment-152677 152677 Fri, 18 Apr 2008 01:36:32 -0400 Who's to Blame for the Commodities Boom? http://seekingalpha.com/article/72496-who-s-to-blame-for-the-commodities-boom?source=feed#comment-152676 152676 Fri, 18 Apr 2008 01:34:15 -0400 Alan Greenspan's Bosnia Moment http://seekingalpha.com/article/71713-alan-greenspan-s-bosnia-moment?source=feed#comment-148472 148472 Thu, 10 Apr 2008 15:21:34 -0400 The Greenspan Defense http://seekingalpha.com/article/71617-the-greenspan-defense?source=feed#comment-147401 147401 Wed, 09 Apr 2008 00:55:12 -0400 "Reluctant Banks" Let Defaulted Borrowers Stay in Homes http://seekingalpha.com/article/71236-reluctant-banks-let-defaulted-borrowers-stay-in-homes?source=feed#comment-136813 136813 ]]> Fri, 04 Apr 2008 21:15:59 -0400 ]]>