Wednesday, March 4, 2020

THE BILLIONAIRES' OLIGARCHY - BILLIONAIRE MIKE BLOOMBERG DROPS OUT AND ENDORSES BIDEN - "BIDEN WILL KEEP AMERICA FLOODED WITH "CHEAP" LABOR ILLEGALS AND PROTECT THE BILLIONAIRE CLASS AND BANKSTERS



Mike Bloomberg Drops Out, Endorses Biden

WEST PALM BEACH, FLORIDA - MARCH 03: Democratic presidential candidate former New York City Mayor Mike Bloomberg speaks at his Super Tuesday night event on March 03, 2020 in West Palm Beach, Florida. 1,357 Democratic delegates are at stake as voters cast their ballots in 14 states and American Samoa …
Joe Raedle/Getty Images
0:17

Former New York City Mayor Mike Bloomberg on Wednesday dropped out of the Democrat presidential primary and endorsed former Vice President Joe Biden.
Bloomberg, who spent over $500 million of his own money on his failed bid, conceded that he no longer envisioned a path to his party’s nomination following a poor showing on Super Tuesday.
“I’m a believer in using data to inform decisions. After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists. But I remain clear-eyed about my overriding objective: victory in November. Not for me, but for our country. And so while I will not be the nominee, I will not walk away from the most important political fight of my life,” Bloomberg said in a statement. “I’ve always believed that defeating Donald Trump starts with uniting behind the candidate with the best shot to do it. After yesterday’s vote, it is clear that candidate is my friend and a great American, Joe Biden. I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.”
More to follow. 


Key findings in the report:
  • Shortages should not occur in a free market
  • Tight labor markets benefit marginalized groups
  • Wages have been stagnant over the long term
  • Labor force participation is down over the long term
  • Domestic industries should hire Americans
  • Natives participate in all major occupations
  • Plenty of STEM workers are available
  • Gains to the economy are not the same as gains to natives
  • Immigration is not an efficient solution to population aging

Mike Bloomberg: Open Borders to Foreign College Graduates

Volume 90%

27 Feb 2020381
7:49
Mike Bloomberg says Washington should offer green cards and then citizenship to an almost unlimited number of foreigners who graduate from U.S. colleges.
The economic strategy would help employers — but would flood the Americans’ white-collar labor market and likely reduce American college graduates salaries while also spiking prices for the houses needed by the graduates’ families, said critics.
Bloomberg announced his plan at a February 26 CNN town hall event:
One of the things in immigration is you’ve got to do some things quickly … You’ve got to staple a green card on every degree when they [foreign students] get out of college, particularly if they’re studying STEM [Science, Technology, Enginering and Math]…  We need more immigrants, not less immigrants. And a lot of them come from China.
Jessica Vaughan, policy director at the Center for Immigration Studies, said:
Americans would be shut out of job opportunities, and because employers would no longer have to compete for new graduates, their salaries would plummet. Anytime you have an inflow of people to particular geographic locations, there’s going to be a shortage of housing, and Americans and others are going to be priced out of affordable housing.
This “would mean the annihilation of our American graduate labor pool,” said Marie Larson, a co-founder of the American Workers Coalition.
Foreigners “will take any jobs because any job here will be better than anything they can get from where they are coming from … They will be displacing Americans citizens from their livelihoods,” he added.
But the Bloomberg plan would be a boon to education companies, Vaughan said. Foreigners “would be willing to pay almost anything for a degree … just because it would be pass to a green card for them and their families,” she said.
In contrast, far-left Sen. Bernie Sanders has declined to endorse economic policies that would import “high-skilled” immigration for U.S. employers. The Bloomberg-style economic argument is largely ignored in Sanders’ easy-immigration plan, even though it would also allow a huge number of foreign graduates into U.S. jobs. Sanders’ plan promises to “reform the government agencies tasked with enforcing immigration law to ensure our immigration agencies and officers are serving a humanitarian mission, not a law enforcement one.”
The numbers suggested by Bloomberg would dramatically expand legal immigration into the United States without removing all anti-migration rules.
U.S. citizenship is a huge prize for billions of people who were born in poor, backward, and in chaotically diverse countries. For example, India’s population is so huge that India has roughly 178 million young men aged 20 to 34. That population of young Indian men is more than half the population of the United States.
Each year, roughly four million Americans turn 18, and roughly 800,000 Americans get skilled, four-year degrees in healthcare, business, science, software, or engineering. Those Americans then must pay their college debts as they compete for jobs and housing against roughly one million legal immigrants, more than one million college graduate visa workers, plus at least seven million illegals in jobs.


Govt data shows 1 million Indian contract-workers get white-collar jobs in tech, banking, health etc.
The Indian hiring ignores many EEOC laws & is expanding amid gov't & media silence.
It is a huge economic & career loss for US college grads.
#S368 #H1B http://bit.ly/2Sy3uw6 

CEOs Keep 1 Million Indian Graduates in U.S. Jobs, Legally



The current level of immigration floods the labor market, and it shifts much wealth from the heartland to the coasts, from young to old, and from wage-earners to shareholders. For example, Bloomberg.com reported February 24 that employment among college graduates dropped below blue-collar employment:
Unemployment among Americans aged between 22 and 27 who recently earned a Bachelor’s degree or higher was 3.9% in December — about 0.3 percentage point above the rate for all workers.
Bloomberg.com noted that pay for many graduates has also stalled — and is lagging behind blue-collar pay raises — in President Donald Trump’s “Blue Collar Boom”:
The strong job market should be helping graduates to pay what they owe — and at the top end of the wage scale, it is. But in recent years, while high-school graduates have seen a sharp pickup in earnings, the lower-earning half of college graduates haven’t — and the gap between them is now the smallest in 15 years.
More than four in 10 recent graduates are working in jobs that don’t usually require a college degree, the New York Fed says. And roughly one in eight is working in a field where typical pay is around $25,000 a year or less.
Part of the problem is that the jobs market is saturated with degree-holders, while tight labor conditions have ramped up demand for a different kind of skills — bringing benefits to electricians and plumbers, for example.
But Bloomberg’s proposal would further saturate the market for college graduates.
Bloomberg’s plan would offer green cards to more than one million foreign college students who are now registered in the United States. China is the leading source of foreign students with 480,000 registered, far ahead of India’s 250,000 students, Korea’s 90,000 students, and Saudi Arabia’s 6o,000 students. Ten European countries provided fewer than 100,000 students, according to the visa data provided by the Department of Homeland Security.
In addition, many more foreign youths would grab Bloomberg’s offer of citizenship by quickly registering at low-quality or high-quality universities. In 2018, for example, 7.5 million Chinese graduated from college. If just one of every six Indian men were ready and willing to accept Bloomberg’s offer, it would quickly boost the U.S. population by 30 million Indians — and they would bring millions more spouses, parents, and children.
In his 2020 campaign, Bloomberg has repeated his claim that U.S. employers needs skilled migrants. “This country needs more immigrants, and we should be out looking for immigrants,” Bloomberg told the San Diego Union-Tribune on January 5:
For those [employers] who need an oboe player for a symphony, we want the best one. We need a striker for a soccer team, we want to get the best one. We want a farmworker, we want to get the best one. A computer programmer, we want to get the best one. So we should be out looking for more immigrants.
Bloomberg has also endorsed the S.386 bill to fast-track citizenship for India’s one-million-strong college-graduate labor force throughout many American companies, including prestigious companies in Silicon Valley. The bill is being pushed by Utah legislators, including Sen. Mike Lee, (-UT)
The S.386 bill is also cheered by FWD.us, an advocacy group for high-tech investors, including Bill Gates and Mark Zuckerberg.


Technocrat/investor Mike Bloomberg: Migrants with more 'grey matter' can save the US establishment from the mob's guillotine -- b/c the high-tech economy denies jobs & purpose to 'those who are not' successful.
That's the context to his farmer comments.
http://bit.ly/2SUZqVN 

Bloomberg: Elite Immigrants Can Save Americans from a High-Tech Economy



Bloomberg is an investor with a net worth of roughly $60 billion. So, alongside his call on CNN to loosen immigration rules, he also said the government should tighten trade rules to protect the economic interests of investors.
It’s just unrealistic to think that we’re going to stop doing business with China, but it is not unrealistic to try to pressure them into doing things on human rights. But it’s not just human rights. They steal intellectual property. I don’t think there’s any question about that. They are very unfair in treaties and the way we do business. We can’t own something there [but] they can own it in our country.
“He’s a self-interested businessman who does not have the best interest of this country at heart,” said Larson. “He’s taking what isn’t his to give — the jobs that rightfully belong to American citizens and their children … That’s not for anybody to give away.”


Sen. Bernie Sanders says that illegal immigrants are "our people."
If he gets the nomination, a wave of people from Inda, Africa, the Middle East will rationally try to accept Sanders' offer to become "our people."
http://bit.ly/2VpRKxP 

Bernie Sanders: Illegal Immigrants Are 'Our People'




Bloomberg Pledges to Investigate ICE and End Trump Policies in Newly Unveiled Immigration Plan

By Jason Hopkins

Business and Politics Review
. . .
BLOG: IS THIS FOR REAL?!?!?

·         But Bloomberg also wraps his economic demand for more immigrants in a progressive-style cultural message.
·         Bloomberg told the San Diego Union-Tribune that amnesty “is a no-brainer — you give [a] pathway to citizenship to 11 million people.”
·         In December, Bloomberg said additional immigrants could “improve our culture, our cuisine, our religion, our dialogue, and certainly improve our economy” — but without being asked by reporters which American cultures, cuisines, religions, and dialogues do not meet his standards.


Exclusive–Mo Brooks: ‘Masters of the Universe’ Want More Immigration to ‘Decrease Incomes of Americans’
 10 Mar 2019122
3:19

Rep. Mo Brooks (R-AL) says the “Masters of the Universe” want more legal immigration to the United States to further diminish the incomes of American working and middle-class families.

In an exclusive interview with SiriusXM Patriot’s Breitbart News Tonight, Brooks said recent demands to increase the number of foreign workers coming to the U.S. to compete against American citizens for jobs is merely an effort by corporations to deplete the earnings of Americans.
Brooks said:
I’m not a part of the Masters of the Universe crowd who thinks we ought to be bringing in all this foreign labor and the reason for it is pure economics. This is the chance for Americans and lawful immigrants who are already here who are working in the blue-collar trades, who are working in the places where wages are not as high they ought to be, this is their chance to prosper. [Emphasis added]
And to the extent you import a lot of foreign labor, then you are artificially increasing the labor supply which in turn means that you’re artificially suppressing the wages of American families who are often hard-pressed to make ends meet So I respectfully disagree that we need more foreign labor, to the contrary, I would like to see us reduce the foreign labor that comes into America so that American families who are struggling to make ends meet, particularly those of us who are earning the least amounts, would be better to take care of their own families and less likely to be dependent on the welfare. [Emphasis added]
Brooks said Democrats support for mass legal immigration is centered on the premise that increasing the number of foreign workers in the U.S. will decrease Americans’ wages, thus forcing many into poverty and becoming welfare recipients. This, Brooks said, is how Democrats create a permanent dependent class of Democrat voters.
“Don’t get me wrong, [Democrats] want to decrease the incomes of Americans so that they’re dependent on welfare,” Brooks said.
That makes them in turn likely Democrat voters and the best way to do that is to have a huge surge in the labor supply, particularly illegal aliens, that will depress their wages therefore creating more Democrats who are dependent on welfare at the same time as they bring in illegal aliens who also under Democrat doctrine will be allowed to vote and those types of voters, they’re also dependent on welfare. [Emphasis added]
“About 70 percent of illegal alien households are on welfare … plus this is a bloc of voters that seems unusually susceptible to the racial divisions that the Democrats advance,” Brooks said. “You have to look at the big picture in all of this, and to me, we should not be importing as much foreign labor as we are. We should be helping the least among us earn more and importing foreign labor that suppresses wages is not the way to do that.”
Currently, the U.S. admits more than 1.2 legal immigrants annually, with the vast majority deriving from chain migration, whereby newly naturalized citizens can bring an unlimited number of foreign relatives to the country. In 2017, the foreign-born population reached a record high of 44.5 million.
The U.S. is on track to import about 15 million new foreign-born voters in the next two decades should current legal immigration levels continue. Those 15 million new foreign-born voters include about eight million who will arrive in the country through chain migration, where newly naturalized citizens can bring an unlimited number of foreign relatives to the country.
Breitbart News Tonight broadcasts live on SiriusXM Patriot Channel 125 from 9:00 p.m. to Midnight Eastern (6:00 p.m.-9:00 p.m. Pacific). 
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder

 

Mike Bloomberg: Employers Should Hire ‘the Best’ Foreigners Instead of Americans


Investor, CEO, and presidential candidate Mike Bloomberg says
he would allow investors and employers to hire the “the best”
workers from around the world instead of Americans.
BLOG: ‘THE BEST’ ARE NOT HIS ILLITERATE MEXICANS HE IS HISPANDERING TO!
“This country needs more immigrants and we should be out looking for immigrants,” Bloomberg told the San Diego Union-Tribune on January 5.:
For those who need an oboe player for a symphony, we want the best one. We need a striker for a soccer team, we want to get the best one. We want a farmworker, we want to get the best one. A computer programmer, we want to get the best one. So we should be out looking for more immigrants.
The reporter did not ask Bloomberg to define “best.” But for cost-conscious shareholders and executives, “best” is a synonym for ‘cheaper than Americans.’
“If business were able to hire without restrictions from anywhere in the world, pretty much every [American’s] occupation would be foreignized,” said Mark Krikorian, director of the Center for Immigration Studies. He continued:
Americans would have to accept dramatically lower earnings, whether they object or not. Not just landscapers and tomato pickers, [because] Indians and Chinese by the millions can do nursing and accounting. There would not be any job that would not see its earnings fall to the global average.
Bloomberg — who has an estimated wealth of $55 billion — is trying to exempt investors and shareholders from the nation’s immigration rules, said Krikorian. For Bloomberg, “immigration laws are not one of those things that should be allowed to interfere in [the growth of] shareholders’ value,” he said.
“It is obviously unprecedented — but this is not obviously different from [President] George [W.] Bush’s ideal immigration plan … [and] he is expressing a pretty standard Republican plutocrat approach to immigration,” he added.
President Bush described his “any willing worker” cheap labor plan in 2004, saying:
Out of common sense and fairness, our laws should allow willing workers to enter our country and fill jobs that Americans have are not filling. (Applause.) We must make our immigration laws more rational, and more humane. And I believe we can do so without jeopardizing the livelihoods of American citizens.
Our reforms should be guided by a few basic principles. First, America must control its borders …
Second, new immigration laws should serve the economic needs of our country. If an American employer is offering a job that American citizens are not willing to take, we ought to welcome into our country a person who will fill that job.
In December 2018, departing House Speaker Paul Ryan echoed Bush’s “any willing worker” goal, saying:
[Immigration reform needs] border security and interior enforcement for starters, but also a modernization of our visa system so that it makes sense for our economy and for our people so that anyone who wants to play by the rules, work hard and be part of American fabric can contribute.
This “any willing worker” idea encouraged Ryan to work closely — but behind the scenes — with pro-amnesty, pro-migration groups.
Many GOP legislators echo this “any willing worker” claim when they declare a “‘legal good, illegal bad,’ approach to migration,” said Krikorian. That mantra is “piously claiming that illegal immigration is bad, but is making [pro-American protections] moot by letting huge numbers of people in legally.”
In contrast, President Donald Trump won his 2016 election on a promise to shrink immigration. Since then, he has forced down illegal migration via Mexico and has largely blocked numerous efforts by business to expand the huge inflow of legal immigrants and visa workers. Trump’s curbs on the supply of foreign labor have helped to force up wages for blue-collar Americans — despite determined efforts by business and investment groups to prevent wage increases.


Almost 50% of U.S. employees got higher wages in 2019, up from almost 40% in 2018.
That's useful progress - but wage growth will likely rise faster if Congress stopped inflating the labor supply for the benefit of business.
http://bit.ly/2SyaLg7 

Pay Raises and Training Expand in Donald Trump's Tight Labor Market



Bloomberg’s “best worker” pitch is not a problem for the Democrats’ 2020 base of “woke” progressives, said Krikorian:
He is running in the Democratic primary and there is an overlap between the plutocrat assault on national borders and the leftist assault on national borders. They come at the issue from the different starting points but they have the same enemy, which is Americans’ sovereignty. It is not obvious that his [pro-employer] immigration stance is going to be a turn-off to Democratic primary votes.. How different are the specifics of his immigration proposal from [Joe] Biden, Sen. [Bernie] Sanders or [Sen. Elizabeth] Warren?
Biden, Sanders, and Warren endorse wide-open borders as a form of charity towards unlucky foreigners fleeing from home country persecution. For example, a January 5 tweet from Biden said:
Our Statue of Liberty invites in the tired, the poor, the huddled masses yearning to breathe free. Donald Trump has slammed the door in the face of families fleeing persecution and violence.
Bloomberg’s pro-employer view is coherent and likely sincere, said Krikorian.
Bloomberg aspires to a single global labor market, and everything else follows from that. A concern about improving the lot of less-skilled American workers is by definition contrary to that view because there is no such thing as an American labor market. There is only a global labor market. Domestic employers are not thinking about the consequences for people from Pennsylvania when they hire people from Tennessee, and Bloomberg wants that same approach across the entire world.
There is even an altruistic way of viewing that — which I assume guys like this have — that it improves the lot of Hondurans [and other migrants] who are coming here.
The issue is not that Bloomberg and his guys are factually incorrect. It is that their values are contrary to the values that most Americans hold – which is that we have a greater loyalty and obligation to our fellow countrymen than to foreigners. Guys like Bloomberg reject that [obligation] in principle.


A Rasmussen survey shows likely voters by 2:1 want Congress to make companies hire & train US grads & workers instead of importing more foreign workers.
The survey also shows this $/class-based view co-exists w/ much sympathy for illegal migrants.
#S386http://bit.ly/2ZA6WIE 

Rasmussen Shows 2:1 Opposition to Cheap Labor Legal Immigration



But Bloomberg also wraps his economic demand for more immigrants in a progressive-style cultural message.
Bloomberg told the San Diego Union-Tribune that amnesty “is a no-brainer — you give [a] pathway to citizenship to 11 million people.”
In December, Bloomberg said additional immigrants could “improve our culture, our cuisine, our religion, our dialogue, and certainly improve our economy” — but without being asked by reporters which American cultures, cuisines, religions, and dialogues do not meet his standards.
Bloomberg also echoes the Democrats’ claim that the U.S is a diverse “nation of immigrants,” instead of a country built by similar-minded settlers from Europe. “This country was built by immigrants,” Bloomberg said, without noting the role played by Americans and their children.
Bloomberg has long supported greater immigration. In 2013, he joined with the owner of Fox News, Rupert Murdoch, to create the Project for a New American Economy. The group of investors and politicians then pushed for passage of the failed Gang of Eight amnesty in 2013.
The Congressional Budget Office (CBO) predicted the planned “Gang of Eight” amnesty would shift more of the nation’s new wealth from workers to investors.
The flood of roughly 30 million immigrants in ten years would cause Americans’ wages to shrink, the report said. “Because the bill would increase the rate of growth of the labor force, average wages would be held down in the first decade after enactment,” the CBO report said.
But all that cheap labor would boost the profits and the stock market, the report said. “The rate of return on capital would be higher [than on labor] under the legislation than under current law throughout the next two decades,” says the report, titled “The Economic Impact of S. 744.”
For Bloomberg, Krikorian said, U.S. “employers have no greater obligation to fellow Americans than to Hondurans [or other foreign workers] … what Bloomberg is saying is that immigration laws should not interfere with the pursuit of shareholder value [because] employers can hire anyone from anywhere at any wage, period.”


Estb. media and esp. WashPo journos cannot, or dare not, follow the $$$ in immigration politics.
For example, the WashPo article on
@SenMikeLee's @S368 bill to expand the outsourcing of U.S. grads' jobs.
Maybe b/c the money ends up in Jeff Bezos' pocket.
http://bit.ly/2tChhYt 

Munro: WashPost Message to U.S. Graduates -- Drop Dead




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