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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Doughboy who wrote (7935)1/7/2003 9:28:16 AM
From: J. P.Read Replies (2) of 306849
 
<<No doubt it is true that immigration whether legal or not has an effect on suppressing wage growth (and conversely keeping inflation down).>>

This is no longer a macro-economic mental excercise. This is about U.S. Companies exploiting a loophole in labor and immigration laws to bust out a whole sector of working American citizens and replace them with cheaper imported labor. And we're not talking about railroad coolies here, we're talking about the the core systems upon which our entire economy is run.

Don't get me started on the fact that American companies exporting their systems work offshore to India are creating loopholes much bigger than the WTC. Remember India is right next to Pakistan where Osama and his boys live, the center of hatred for the USA. Where operatives can easily blend in. And that's where we're offshoring all of our internal corporate software systems (railroads, airlines, banks, financials, shipping, etc.) Kinda makes you wonder if "homeland security" is just a bunch of lip service. Homeland security is fine as long as the people creating it don't cost more than an offshore person who doesn't have to pay 300K for a house in the U.S. UFB.
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