Tuesday, August 13, 2019

BIG BANKSTERS AND BIG TECH BILLIONAIRES SAY HELL NO TO HIRING AMERICANS... When they can import boatloads of "cheap" labor foreigners to take more of our jobs!


if you've ever been in a bank in silicon valley, you will not find an american born employee! all chinese and indians.

Big Tech, Big Banks Use Outsourcing Firms to Import Thousands of H-1B Foreign Workers

H-1B
AP Photo/Bebeto Matthews
3:05

Tech conglomerates and big banks have imported thousands of foreign workers through the H-1B visa program to take U.S. white-collar jobs, newly released federal data reveals.

Every year, more than 100,000 foreign workers are brought to the U.S. on the H-1B visa and are allowed to stay for up to six years. There are about 650,000 H-1B visa foreign workers in the U.S. at any given moment. Americans are often laid off in the process and forced to train their foreign replacements, as highlighted by Breitbart News.
More than 85,000 Americans annually potentially lose their jobs to foreign labor through the H-1B visa program. Despite claims by the big business lobby, American workers who have been replaced by H-1B foreign workers say there is no shortage of talented and qualified citizens for high-paying, white-collar jobs.
For years, multinational corporations importing H-1B foreign workers have not been listed in federal records as doing so because they obtained the hires through a number of outsourcing firms. New rules by the Trump administration, though, now mandate that corporations hiring these H-1B workers are disclosed publicly.
Department of Labor data compiled by the research site RedBus2Us.com — as well as records reviewed by Bloomberg Law — reveal that tech corporations like Apple, the Microsoft Corporation, Hewlett-Packard, and Amazon, and companies like Nike, McDonald’s, CVS, AT&T, and Pfizer have used a variety of outsourcing firms like Infosys, Cognizant, Tata Consulting Services, Accenture, Wipro, and Capgemini to import thousands of H-1B foreign workers
Big banks, credit card corporations, and financial service companies, likewise, have also used these outsourcing firms to funnel thousands of H-1B foreign workers into American jobs that otherwise would have gone to qualified Americans.
State Street Bank, Capital One, Mastercard, Wells Fargo, Morgan Stanley, American Express, JPMorgan Chase Bank, Discover, and Citibank have all imported H-1B foreign workers through outsourcing firms.

(Screenshot via RedBus2Us.com)

(Screenshot via RedBus2Us.com)

(Screenshot via RedBus2Us.com)

(Screenshot via RedBus2Us.com)
Last year, U.S. businesses and corporations attempted to outsource nearly 420,000 American jobs to foreigners through the H-1B visa program — a number that outpaces the population of Tampa, Florida.
As Breitbart News previously reported, more than 2.7 million H-1B foreign workers have been approved to come to the U.S. to take American jobs between 2007 and 2017. During that same period, businesses tried to outsource almost 3.5 million American jobs to foreign workers instead of hiring Americans.
About four million young Americans enter the workforce each year, many looking for white-collar jobs in the STEM fields. Those Americans’ prospects of finding work are crippled by the country’s legal immigration process, which admits more than 1.5 million immigrants and hundreds of thousands of foreign visa workers annually. Already, the wage-cutting business scheme has led to foreign-born workers overwhelmingly outnumbering Americans in the tech industry in Silicon Valley, California.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.

Zuckerberg’s Investor Group Pushes for Pre-Election Amnesty

http://www.breitbart.com/2018-elections/2018/04/19/zuckerberg-lobby-joins-pre-election-amnesty-push/

Getty/Saul Loeb
by NEIL MUNRO19 Apr 201819

Silicon Valley investors, including Facebook owner Mark Zuckerberg, are joining the Koch network’s push for a quick amnesty that would also keep the issue of cheap-labor immigration out of the November election.

But the push by Zuckerberg’s FWD.us investor group quickly hit a roadblock Thursday when Majority Leader Rep. Kevin McCarthy denounced the “discharge petition” amnesty plan, which is fronted by California GOP Rep. Jeff Denham.
“I don’t believe discharge petitions are the way to legislate,” McCarthy said to The Hill. “I don’t believe members in the [GOP] conference believe that, either.”
McCarthy’s opposition — and the growing pressure for a quick exit by retiring House Speaker Paul Ryan — opens up room for GOP legislators to make the November election all about rising wages vs. cheap-labor immigration. Numerous polls show that more than 70 percent of Americans want companies to hire Americans before importing more cheap-labor immigrants, and numerous business groups say they need more imported labor as wages begin to rise.
But a quick Zuckerberg amnesty would prevent President Donald Trump or GOP leaders from running on an immigration reform platform in November — and would also deflate economic pressure that is delivering higher wages before the 2018 election. “It would be the dumbest thing possible for Republicans to do coming election which they already think they may lose — they would for sure lose with this,” said Rosemary Jenks, the director of governmental affairs at NumbersUSA. She continued: 
I don’t think they will [shift to immigration, but] … it would be a surefire way to keep the majority. People in Washington talk about [election-winning] ’70 percent issues’ … [and] this is it, this is the 70 percent issue.
Backed by Zuckerberg’s FWD.us, Denham is collecting GOP signatures for a resolution that would urge a so-called “Queen of the Hill” debate on the House floor. In that very rare form of debate, legislators could debate several alternative immigration bills, and the most popular proposal would be sent to the Senate
Those rules would almost guarantee a big win for Zuckerberg and his allies because nearly all Democrats and many business-first Republicans — including many who are retiring this year — will support a no-strings “Clean Dream Act” amnesty for at least 1.8 million younger ‘DACA’ illegals.
Denham claims to have 50 GOP legislators backing his resolution, but those GOP members have not signed the needed “discharge petition” which allows 218 cooperating legislators to force the debate despite opposition from the Speaker of the House. Many of Denham’s supporters don’t recognize the impact of Denham’s plan, said Jenks, and “when they find out, they are not going to be happy and will certainly not sign the discharge.”’
Denham’s office did not respond to questions from Breitbart News.
McCarthy’s quick opposition to Denham’s push is critical because he is the likely replacement for exiting House Speaker Paul Ryan. Without McCarthy’s support for the immigration push, few of the GOP legislators on Denham’s resolution will sign the needed discharge petition — even though many will use their support for the resolution to ingratiate themselves with their donors and pro-amnesty voters.
Denham’s resolution is getting expensive media support from the various donors who are working under cover of the Koch advocacy network, which has at least 550 business donors. On April 17. Daniel Garza, the president of the Koch-funded LIBRE Initiative, told Business Insider:
The American people deserve a government that is effective and efficient in solving our nation’s problems.
Congress and the White House have spent a lot of time talking about DACA, but today our elected officials have yet to approve a permanent legislative solution. The Dreamers are among our best and brightest. They are students, workers, and men and women risking their lives in the Armed Forces. Washington must come together and approve a bipartisan solution that provides certainty for Dreamers and security improvements along our border.
Zuckerberg’s FWD.us advocacy group is also providing direct support for the Denham push, and it touted Wednesday’s press conference where Denham was flanked by a few other cheap-labor Republicans — Texas Rep. Will Hurd, Colorado Rep. Mike Coffman and California Rep. David Valadao – as well as the Democratic head of the Hispanic ethnic lobby, new Mexico Democrat Rep. Michelle Lujan Grisham.

NOW and NEW: 50 Republicans join over 180 Republicans for the “Queen of the Hill” Rule to try to force a debate/series of votes for Dreamers.
Zuckerberg’s FWD.us group was founded a by a slew of information-technology investors who gain from cheap white-collar labor.
The group has endorsed multiple bills and amnesties which would raise the supply of white-collar labor and also block Donald Trump’s populist “Buy American, Hire American” policies, all of which will tend to raise Americans’ blue-collar wages and white-collar salaries. In February, FWD.us joined with many other business groups to help the Senate block Trump’s popular immigration reforms.
Since Trump’s election, the FWD.us group has used the relatively few college-grad ‘DACA’ illegals to shift the political focus from Trump’s very popular wages-for-Americans pitch. That diversionary tactic has worked, partly because most establishment reporters prefer to focus on the concerns of foreign migrants rather than the concerns of fellow Americans.
However, Republicans are facing a tough 2018 election and may decide to pick up the issue up the popular issue of immigration and wages, especially if McCarthy replacesHouse Speaker Paul Ryan before the election.
That shift to wages and immigration is made likelier by the spreading benefits of Trump’s anti-amnesty policies which is delivering higher wages and overtime to many employees, including black bakers in Chicago, Latino restaurant workers in Monterey, Calif., disabled people in Missouri, high-schoolers, the construction industry, Superbowl workers, the garment industry, and workers employed at small businesses.
Higher wages are strongly resisted by business groups, partly because they threaten to lower investors’ returns and stock values on Wall Street, including the founders of FWD.us.
Zuckerberg’s group has funded polls which tout the supposed popularity of immigration. These “Nation of Immigrants” polls pressure Americans to say they welcome migrants.
In contrast, polls which ask people to pick a priority, or to decide which options are fair, show that voters in the polling booth put a high priority on helping their families and fellow nationals get decent jobs in a high-tech, high-immigrationlow-wage economy.
Also, a series of 2018 polls and surveys show that GOP voters believe the immigration issue is far more important than celebrating tax cuts.
Four million Americans turn 18 each year and begin looking for good jobs in the free market. But the federal government inflates the supply of new labor by annually accepting roughly 1.1 million new legal immigrants, by providing work-permits to roughly 3 million resident foreigners, and by doing little to block the employment of roughly 8 million illegal immigrants.
The Washington-imposed economic policy of economic growth via mass-immigration shifts wealth from young people towards older people, it floods the market with foreign laborspikes profits and Wall Street values by cutting salaries for manual and skilled labor offered by blue-collar and white-collar employees. It also drives up real estate priceswidens wealth-gaps, reduces high-tech investment, increases state and local tax burdens, hurts kids’ schools and college education, pushes Americans away from high-tech careers, and sidelines at least 5 million marginalized Americans and their families, including many who are now struggling with opioid addictions.

No comments: