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mike mohr

mike mohr
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  • 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."  [View news story]
    Please someone tell this old coot to shut up.
    Dec 13 06:09 PM | 1 Like Like |Link to Comment
  • 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.  [View news story]
    I agree. They want to hire low wage workers and do not pay for health insurance and taxes.
    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?
    Dec 12 08:01 PM | 3 Likes Like |Link to Comment
  • 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.  [View news story]
    Don't waste our tax money. TAX the corporation for outsourcing jobs and hiring H1B visa holders.
    Dec 3 09:16 PM | 1 Like Like |Link to Comment
  • 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."  [View news story]
    If you outsource our job you deserve to be taxed to death.
    Nov 11 04:47 PM | 2 Likes Like |Link to Comment
  • Options Trader Wrong-Way Weekly Wrap-Up: Party Like It's 1999 [View article]
    How can a nation that export jobs prosper? Our problems start with greedy bankers , CEOs and corrupt politicians whom refuse to invest in America.
    Nov 8 08:31 PM | 1 Like Like |Link to Comment
  • 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."  [View news story]
    Oil speculation is what put the last nail on U.S. economy. Why this crook is not behind bars?
    Nov 8 05:07 PM | Likes Like |Link to Comment
  • 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."  [View news story]
    "and they will quickly put out FREE 10,000 dollar rebates (your money) to all those gas hogs so they can buy that hybrid car. That is the socialist way."

    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.
    Oct 24 10:04 AM | 6 Likes Like |Link to Comment
  • Could an Eliot Spitzer comeback really happen? (Vanity Fair)  [View news story]
    That's what is missing in D.C. a PIMP.
    Jun 12 11:53 PM | 1 Like Like |Link to Comment
  • 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."  [View news story]
    EU got what it deserves. You can download browsers using ftp.
    Jun 12 08:58 AM | 1 Like Like |Link to Comment
  • Henry Blodget blasts Microsoft (MSFT) CEO Steve Ballmer, says MSFT needs to 'face reality.'  [View news story]
    Henry is Piece of Shit himself. He caused lots of problems in late 90's.
    May 30 02:12 PM | Likes Like |Link to Comment
  • 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."  [View news story]
    Don't believe anything from PIMCO. Greenspan is working for PIMCO and this crew intend to mislead the investors.
    May 26 08:50 PM | 1 Like Like |Link to Comment
  • 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.  [View news story]
    Does anyone care about what this SOB says?
    May 12 08:04 PM | 1 Like Like |Link to Comment
  • 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.'  [View news story]
    Trichet, this idiot said ECB will not lower rates right before cutting interest rate .5.
    He is the biggest moron I have ever seen.
    May 12 09:50 AM | Likes Like |Link to Comment
  • 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.  [View news story]
    Not only they should raise taxes, they should double tax the corporate which outsource American jobs.
    Apr 6 09:19 AM | Likes Like |Link to Comment
  • Home buyers who bought the "median priced single-family" home at the 1979 peak are now under water.  [View news story]
    For example, I bought an average house for $65K in 1983, the house is worth over $350K. I can sell my house in a week for $350K if I want to and pocket $300K.
    Am I missing something?
    Mar 29 08:09 PM | 1 Like Like |Link to Comment