Sold Out: How High-Tech Billionaires and Bipartisan Beltway Crapweasels Are Screwing America's Best and Brightest Workers
Posted by ObjectiveAnalyst 8 years, 9 months ago to Books
Sold Out: How High-Tech Billionaires and Bipartisan Beltway Crapweasels Are Screwing America's Best and Brightest Workers
Book Review
Authors, Michelle Malkin and John Miano ISBN 978-1-5011-1594-3 336 pages including appendixes, excluding approximately 100 pages of notes/citations and the approximately 20 page index.
Our visa system is broken. It is a tool for big businesses and political cronies to get rich from the power of pull, not production. Despite the constant propaganda there is no shortage of American workers with STEM (Science, Technology, Engineering and Mathematics) degrees. Despite the rhetoric that they are all trying to look out for American workers and create more American jobs, the truth is the complete opposite. They are interested in American jobs all right; they are interested in stealing them, outsourcing them and undercutting the wages.
The H1B visas are being used to bring in foreign workers as indentured servants, to force American workers to train their own replacements before being given pink slips or face being fired and risk their severance pay and unemployment benefits. Most are being forced to sign non-disclosure agreements also in order to receive their severance and layoff notices. Many of these foreign workers are not highly skilled, are actually holding worthless pieces of paper from overseas diploma mills, and are paid far less than the workers they are replacing. Once trained, the foreign nationals are often sent overseas along with the jobs to nations with lower wages and regulations. The politicians are pressured and rewarded with big contributions by the Industry giants; they have a vested interest in increasing the number of visas and ensuring that there is lax enforcement and data collection regarding overstaying of the visas. The result is depressed wages and fewer jobs for American workers.
Even the F1 visas (student visas) are sources of vast amounts of corruption. Fake colleges and universities have cropped up all over America in order to attract foreign "students" for a fee, going so far as to promise green cards and immediate job opportunities contrary to law. The corruption is rampant and massive. Many come here with full knowledge that they will not have to attend one single class and be free to take whatever jobs they can find, so long as they pay the "school" its annual fee in order to avoid being blackmailed and turned in to the INS for deportation. Many take even low wage and entry level jobs, so it is not just the highly educated Americans that lose opportunity, it is also the poor and less educated that are adversely affected.
In all cases the Sword of Damocles is held over the heads of the foreign visa holders. If they complain about their wages or indenture to their employers, since they are required in many cases to work for them for a number of years, they face deportation. Many if not most are lured here under the false pretense that they will eventually be granted a green card, if not citizenship. Even though the government record of tracking and deporting overstaying of visas is a joke, the threat of deportation when initiated by the sponsor is real. It seems this is the only time the INS will actually act, because they do virtually no investigation and tracking on their own, which is the way the cronies want it.
The astounding and horrifying list of players range from big businesses like Microsoft, Intel, Disney, Apple, etc., etc., the politicians from the Gang of Eight, and a legion of others.
Dear reader, this book is not an enjoyable read. It reads like a dry report of cases and statistics so voluminous that it is difficult to get through. Were it not for the wonderful word-smithing of the authors and the occasional personal stories of some of those directly affected it would be unbearable as well as depressing. Nonetheless, I would recommend those that can handle such dry reading to give it a try, but be prepared to be outraged, yet empowered with the facts.
Respectfully,
O.A.
Addendum: It is a generally excepted principle among the best economists that outsourcing is mutually beneficial to the economies involved. It is so, as long as it is done along laissez-faire principles. It is not necessarily so when it is the result of crony capitalism and political entrepreneurship as apposed to economic entrepreneurship. That is the main premise of this book and my concern.
Book Review
Authors, Michelle Malkin and John Miano ISBN 978-1-5011-1594-3 336 pages including appendixes, excluding approximately 100 pages of notes/citations and the approximately 20 page index.
Our visa system is broken. It is a tool for big businesses and political cronies to get rich from the power of pull, not production. Despite the constant propaganda there is no shortage of American workers with STEM (Science, Technology, Engineering and Mathematics) degrees. Despite the rhetoric that they are all trying to look out for American workers and create more American jobs, the truth is the complete opposite. They are interested in American jobs all right; they are interested in stealing them, outsourcing them and undercutting the wages.
The H1B visas are being used to bring in foreign workers as indentured servants, to force American workers to train their own replacements before being given pink slips or face being fired and risk their severance pay and unemployment benefits. Most are being forced to sign non-disclosure agreements also in order to receive their severance and layoff notices. Many of these foreign workers are not highly skilled, are actually holding worthless pieces of paper from overseas diploma mills, and are paid far less than the workers they are replacing. Once trained, the foreign nationals are often sent overseas along with the jobs to nations with lower wages and regulations. The politicians are pressured and rewarded with big contributions by the Industry giants; they have a vested interest in increasing the number of visas and ensuring that there is lax enforcement and data collection regarding overstaying of the visas. The result is depressed wages and fewer jobs for American workers.
Even the F1 visas (student visas) are sources of vast amounts of corruption. Fake colleges and universities have cropped up all over America in order to attract foreign "students" for a fee, going so far as to promise green cards and immediate job opportunities contrary to law. The corruption is rampant and massive. Many come here with full knowledge that they will not have to attend one single class and be free to take whatever jobs they can find, so long as they pay the "school" its annual fee in order to avoid being blackmailed and turned in to the INS for deportation. Many take even low wage and entry level jobs, so it is not just the highly educated Americans that lose opportunity, it is also the poor and less educated that are adversely affected.
In all cases the Sword of Damocles is held over the heads of the foreign visa holders. If they complain about their wages or indenture to their employers, since they are required in many cases to work for them for a number of years, they face deportation. Many if not most are lured here under the false pretense that they will eventually be granted a green card, if not citizenship. Even though the government record of tracking and deporting overstaying of visas is a joke, the threat of deportation when initiated by the sponsor is real. It seems this is the only time the INS will actually act, because they do virtually no investigation and tracking on their own, which is the way the cronies want it.
The astounding and horrifying list of players range from big businesses like Microsoft, Intel, Disney, Apple, etc., etc., the politicians from the Gang of Eight, and a legion of others.
Dear reader, this book is not an enjoyable read. It reads like a dry report of cases and statistics so voluminous that it is difficult to get through. Were it not for the wonderful word-smithing of the authors and the occasional personal stories of some of those directly affected it would be unbearable as well as depressing. Nonetheless, I would recommend those that can handle such dry reading to give it a try, but be prepared to be outraged, yet empowered with the facts.
Respectfully,
O.A.
Addendum: It is a generally excepted principle among the best economists that outsourcing is mutually beneficial to the economies involved. It is so, as long as it is done along laissez-faire principles. It is not necessarily so when it is the result of crony capitalism and political entrepreneurship as apposed to economic entrepreneurship. That is the main premise of this book and my concern.
Previous comments... You are currently on page 2.
And that's my opinion of WDC
I've no doubt this is happening...just try and solve a problem these days by calling one of the companies. If your lucky, they'll speak a few words you might be able to make out otherwise it'll be a frustrating experience and not be able to solve your problem for all your trouble. And that's assuming your speaking to someone in This country.
The liberal progressive brain is the most dangerous thing in the universe!
Indeed. Thank you for your support. Some of the books I read are difficult to take, but I feel it necessary to gather all information available and try to present an objective analysis.
Respectfully,
O.A.
Thank you for your support. I feel as you do.
Respectfully,
O.A.
This is not my opinion; it is a book review. Your experience is anecdotal. The evidence in the book is well documented and collected nation wide. There are very few opinions in the book. It is filled with data. If you read the book, check the citations and can prove its data is false or biased with evidence as credible as the research and documentation of the book, then you should write a book that does so and I will gladly read it with an objective, open mind and review it. You could make a lot of money. This book was written by credible authors with bestsellers to their credit.
Even if you do not write a book with a contrary position, but just read this book and can prove it is filled with falsehoods, Please post your findings here. I would appreciate the information and if it can be corroborated, I will state as much here publicly.
I do not dispute your experience. Clearly there are some cases that are as you say, but that is not necessarily representative of the entire industry or conclusive proof that the documented abuses are nonexistent.
Respectfully,
O.A.
I have never worked at a single company that paid H1B people less than US citizens with the same skill level and experience. There is simply too much competition for skilled workers, H1B or not for this to work.
Now there are lower in contractor job shops that bring in people with generally not as good skills and pay them as little as possible and exploit them. But this is not done by the major tech companies and certainly not by "tech billionaires".
There is no evidence that tech wages are more stagnant than wages in general have been for the last decade or two. Nor do I see any shortage of tech jobs out there.
I don't know where you get your opinion but it is completely at odds with what I have seen on the ground in Silicon Valley.
Create a mass of people dependent on the govt for their basic needs. No job , no work. Vote for food is akin to slavery. I recently posted discussing the danger of a rapid, govt mandated , large increase in the minimum wage and the resulting servitude. Another job killer.
Wage control like price controls are always a long term disaster. Free market pricing is the only mechanism that promotes growth and provides for higher pay for greater skill and value.
I visited with a friend who recently quit his job of electronic testing and repair of an aerospace deicing product. FAA and Fortune 500 Corp. type of bureaucracy at work.
When entering the main room to start his day of labor there was a large sign that just said OBEY.
First of all he worked with many Asian immigrants and he said they were very reluctant to stand up for themselves from management abuses. He quit because mgmt kept asking him to do training and higher level repair work at his lower pay scale He said that he would be happy to do at the pay scale for said work. They continually requested and he would not buckle. Then mgmt sent him to H.R. Dept for a talking to and according to my friend when he refused their order to train a higher paid technition at his lower wage,
he stunned them by saying "I quit". They didn't know what to do.
O.A. I never thought when I was much younger that our elected leaders would blatantly destroy the economic engine of our country . Now it is rarely out of my mind.
With much respect to you,
Dobrien