Wednesday, September 12, 2012

Robert B. Reich - Obama and Wall Street's Looting of America



OUTSOURCING JOBS TO THIRD WORLD NATIONS, OR INSOURCING MILLIONS OF MEXICANS TO STEAL OUR JOBS USING STOLEN SOCIAL SECURITY NUMBERS… AND THEN MAKING UP FOR THE POOR WAGES WITH GRINGO-PAID “FREE” ANCHOR BABY WELFARE, HEALTHCARE AND EDUCATION.

MOST OF THE FORTUNE 500 HUNDRED ARE GENEROUS DONORS TO THE MEXICAN FASCIST PARTY of LA RAZA!

THE AGENDA IS OPEN BORDERS, NO E-VERIFY, AND NO LEGAL NEED APPLY!

The Problem Isn't Outsourcing. It's That Big Business Is Disconnected From the Well-Being of Most Americans

Posted: 07/19/2012 8:43 am

 

President Obama is slamming Mitt Romney for heading companies that were "pioneers in outsourcing U.S. jobs," while Romney is accusing Obama of being "the real outsourcer-in-chief."

These are the dog days of summer and the silly season of presidential campaigns. But can we get real, please?

The American economy has moved way beyond outsourcing abroad or even "in-sourcing." Most big companies headquartered in America don't send jobs overseas and don't bring jobs here from abroad.

That's because most are no longer really "American" companies. They've become global networks that design, make, buy, and sell things wherever around the world it's most profitable for them to do so.

As an Apple executive told the New York Times, "we don't have an obligation to solve America's problems. Our only obligation is making the best product possible." He might have added "and showing profits big enough to continually increase our share price."

Forget the debate over outsourcing. The real question is how to make Americans so competitive that all global companies -- whether or not headquartered in the United States -- will create good jobs in America.

Apple employs 43,000 people in the United States but contracts with over 700,000 workers overseas. It assembles iPhones in China both because wages are low there and because Apple's Chinese contractors can quickly mobilize workers from company dorms at almost any hour of the day or night.

But low wages aren't the major force driving Apple or any other American-based corporate network abroad. The components Apple's Chinese contractors assemble come from many places around the world with wages as high if not higher than in the United States.

More than a third of what you pay for an iPhone ends up in Japan, because that's where some of its most advanced components are made. Seventeen percent goes to Germany, whose precision manufacturers pay wages higher than those paid to American manufacturing workers, on average, because German workers are more highly skilled. Thirteen percent comes from South Korea, whose median wage isn't far from our own.

Workers in the United States get only about 6 percent of what you pay for an iPhone. It goes to American designers, lawyers, and financiers, as well as Apple's top executives.

American-based companies are also doing more of their research and development abroad. The share of R&D spending going to the foreign subsidiaries of American-based companies rose from 9 percent in 1989 to almost 16 percent in 2009, according to the National Science Foundation.

What's going on? Put simply, America isn't educating enough of our people well enough to get American-based companies to do more of their high-value added work here.

Our K-12 school system isn't nearly up to what it should be. American students continue to do poorly in math and science relative to students in other advanced countries. Japan, Germany, South Korea, Canada, Australia, Ireland, Sweden, and France all top us.

American universities continue to rank high but many are being starved of government funds and are having trouble keeping up. More and more young Americans and their families can't afford a college education. China, by contrast, is investing like mad in world-class universities and research centers.

Transportation and communication systems abroad are also becoming better and more reliable. In case you hadn't noticed, American roads are congested, our bridges are in disrepair, and our ports are becoming outmoded.

So forget the debate over outsourcing. The way we get good jobs back is with a national strategy to make Americans more competitive -- retooling our schools, getting more of our young people through college or giving them a first-class technical education, remaking our infrastructure, and thereby guaranteeing a large share of Americans add significant value to the global economy.

But big American-based companies aren't pushing this agenda, despite their huge clout in Washington. They don't care about making Americans more competitive. They say they have no obligation to solve America's problems.

They want lower corporate taxes, lower taxes for their executives, fewer regulations, and less public spending. And to achieve these goals they maintain legions of lobbyists and are pouring boatloads of money into political campaigns. The Supreme Court even says they're "people" under the First Amendment, and can contribute as much as they want to political campaigns - even in secret.

The core problem isn't outsourcing. It's that the prosperity of America's big businesses -- which are really global networks that happen to be headquartered here--- has become disconnected from the well-being of most Americans.

Mitt Romney's Bain Capital is no different from any other global corporation -- which is exactly why Romney's so-called "business experience" is irrelevant to the real problems facing most Americans.

Without a government that's focused on more and better jobs, we're left with global corporations that don't give a damn.

ROBERT B. REICH, Chancellor's Professor of Public Policy at the University of California at Berkeley, was Secretary of Labor in the Clinton administration. Time Magazine named him one of the ten most effective cabinet secretaries of the last century. He has written thirteen books, including the best sellers "Aftershock" and "The Work of Nations." His latest is an e-book, "Beyond Outrage." He is also a founding editor of the American Prospect magazine and chairman of Common Cause.

 

 

Follow Robert Reich on Twitter: www.twitter.com/RBReich

*
RAZA SUPREMACIST HILDA SOLIS, SEC. OF DEPT OF LABOR.

Michelle Malkin

 

LA RAZA HILDA SOLIS - The U.S. Department of Illegal Alien Labor

 

President Obama's Labor Secretary Hilda Solis is supposed to represent American workers. What you need to know is that this longtime open--borders sympathizer has always had a rather radical definition of "American." At a Latino voter registration project conference in Los Angeles many years ago, Solis asserted to thunderous applause, "We are all Americans, whether you are legalized or not."

That's right. The woman in charge of enforcing our employment laws doesn't give a hoot about our immigration laws ---- or about the fundamental distinction between those who followed the rules in pursuit of the American dream and those who didn't.

 

*

FROM JUDICIAL WATCH .org

*

Labor Secretary Pledges Help For Illegal Workers

Last Updated: Tue, 06/22/2010 - 11:00am

Two months after the Department of Labor launched a special program to assist and protect illegal immigrants in the U.S. the Obama cabinet official who heads the agency is personally encouraging undocumented workers to report employers that don’t pay them fairly.

In a Spanish-language public service announcement, Labor Secretary Hilda Solis assures that “every worker in America has a right to be paid fairly, whether documented or not.” Illegal aliens who are not getting fair wages are encouraged to call a new hotline set up by the agency on a new “Podemos Ayudar” (We Can Help) web page designed to administer worker protection laws and ensure that employees are properly paid “regardless of immigration status.”

In the short video, also posted in English, Solis tells illegal immigrants that it’s a “serious problem” when workers in this country are not paid fairly and that all workers have the right to receive their salary regardless of immigration status. She encourages those who are not to call the new hotline and assures it’s free and confidential. “Podemos ayudar,” (we can help), Solis guarantees at the end of the brief segment.

The Labor Secretary’s new message is part of a campaign launched a few months ago to help illegal immigrant workers in the U.S., who she refers to as “vulnerable” and “underpaid.” At least 1,000 new field investigators have been deployed to reach out to Latino laborers in areas with large numbers of illegal alien employees and the agency will focus on enforcing labor and wage laws in industries that typically hire lots of illegal aliens without reporting anyone to federal immigration authorities.

For a government agency to protect law breakers in this fashion may seem unbelievable but not if you consider the source. A Former California congresswoman, Solis has close ties to the influential La Raza movement that advocates open borders and rights for illegal immigrants. She made the protection of undocumented workers a major priority upon being named Labor Secretary, assuring illegal aliens that “if you work in this country, you are protected by our laws.”

 

"While the declining job market in the United States may be discouraging some would-be border crossers, a flow of illegal aliens continues unabated, with many entering the United States as drug-smuggling "mules."

*

PUTTING ILLEGALS IN OUR JOBS

OBAMA AND HIS LA RAZA INFESTED ADMINSTRATION

Sonia Sotomayor opposes E-Verify requirement –

True to form, she said it was illegal to make employers e-verify citizen status of new hires.

Interesting, she says a state cannot force employers to check if employees they are hiring are illegal. Thankfully the court ruled 5-3 supporting law. But now we know for sure just how extreme far left Obama's choice was. We cannot afford Obama to get another term, or you can bet this country will be overrun by illegals. I don't want this country to be poor and corrupt like Mexico, which it will if illegals overrun the country.

 

*

WIKILEAKS EXPOSES OBAMA’S OPEN BORDERS AGENDA


 

Newsmax

Obama's 'Hispanicazation' of America

Monday, January 10, 2011 08:28 AM


 

OBAMA’S AMERICA: Open & Undefended Borders!

 

“What we're seeing is our Congress and national leadership dismantling our laws by not enforcing them. Lawlessness becomes the norm, just like Third World corruption. Illegal aliens now have more rights and privileges than Americans. If you are an illegal alien, you can drive a car without a driver's license or insurance. You may obtain medical care without paying. You may work without paying taxes. Your children enjoy free education at the expense of taxpaying Americans.”

 

 

THE LA RAZA PRESIDENT’S SABOTAGE OF OUR COUNTRY’S BORDERS FOR ILLEGALS’ VOTES!

 

*

“While the declining job market in the United States may be discouraging some would-be border crossers, a flow of illegal aliens continues unabated, with many entering the United States as drug-smuggling “mules.”

*

As the liberal news media, far-left Democrats, and labor unions push for the “Hispanicazation” of U.S. culture, U.S. Department of Homeland Security Secretary Janet Napolitano says the U.S. border has never been more secure.

*

HISPANDERING LA RAZA ENDORSED HILLARY BLAMES AMERICAN AGAIN FOR MEX INVASION SHE AND BILLARY HELPED CREATE!

 

In Mexico City, she announced that the U.S. appetite for illegal drugs and the easy acquisition of guns from the United States by Mexicans are the root causes of the Mexican crime wave. “Blame America” has become the global agenda of the Democratic Party.



*

Newsmax

Obama's 'Hispanicazation' of America

Monday, January 10, 2011 08:28 AM

By: James Walsh

Casting a shadow on economic recovery efforts in the United States is the cost of illegal immigration that consumes U.S. taxpayer dollars for education, healthcare, social welfare benefits, and criminal justice. Illegal aliens (or more politically correct, “undocumented immigrants”) with ties to Mexican drug cartels are contributing to death and destruction on U.S. lands along the southern border.

While the declining job market in the United States may be discouraging some would-be border crossers, a flow of illegal aliens continues unabated, with many entering the United States as drug-smuggling “mules.”

Immigration Invasion - View From A Border Patrol Officer

What we're seeing is our Congress and national leadership dismantling our laws by not enforcing them. Lawlessness becomes the norm, just like Third World corruption. Illegal aliens now have more rights and privileges than Americans. If you are an illegal alien, you can drive a car without a driver's license or insurance. You may obtain medical care without paying. You may work without paying taxes. Your children enjoy free education at the expense of taxpaying Americans.

 

No comments: