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Greg Siskind on Immigration Law and Policy

INTEL CHIEF WARNS MORE JOBS TO BE SHIPPED OVERSEAS IF VISAS ARE NOT FREED UP

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Intel's chief says the company could send ALL of its jobs overseas, but that it has the desire to stay here and employ Americans. But if they're handcuffed by antiquated visa rules, they may be left with no choice.

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  1. R. Lawson's Avatar
    More fearmongering.

    If we don't invade Iraq they will use WMD against us. Same line of reasoning.
  2. Vick's Avatar
    More like Ostrichs with their heads buried in the sand oblivious of the impending doom.
  3. James's Avatar
    "More fearmongering.

    If we don't invade Iraq they will use WMD against us. Same line of reasoning."

    Hey the iraq thing worked didnt it ??? ... the cons fell for it hook line and sinker ... but I dont think americans fear Intel's shipping jobs outside .... they are more concerned with lettuce farmers shifting their stuff outside.


  4. R. Lawson's Avatar
    Classic slippery slope. Intel has managed to do just fine in the United States for 40 years. I actually worked for Intel so I know the company from the inside.

    Did you ever visit the FaceIntel website back in the day? Intel has a long history of H-1b abuse.
  5. George Chell's Avatar
    "Intel's chief says the company could send ALL of its jobs overseas, but that it has the desire to stay here and employ Americans. But if they're handcuffed by antiquated visa rules, they may be left with no choice."

    I have been saying this for a long time. But the maximum we can do is revoke tax breaks...but the loss of tax breaks may be a small price to pay for Intel over the profit that would come from shipping jobs overseas...and for the US it may be a huge loss of tax revenue and higher deficits if more corporations do this.

    On another matter one would think that Lou Dobbs is happy if sovereign wealth fund moves in and provides the jobs for Americans, but the man is too arrogant..he opposes foreign investment from Dubai Ports to Airbus..he wants Americans (whatever that means) to provide American jobs or let the Americans starve as in the case of Bear Stearns.
  6. George Chell's Avatar
    Furthermore, as an Intel shareholder, I will tell them to do what they have to do to improve the bottom line.
  7. Lou's Avatar
    Immigration article..

    http://www.nytimes.com/2008/03/17/world/asia/17remit.html?pagewanted=1&hp
  8. George Chell's Avatar
    Unfortunately, to those who say that there are enough qualified Americans to do the job..I have three things to say..Bear Stearns, collapsed Minneapolis Bridge, New Orleans levy..Bear Stearns is (was) a corporation completely run by Americans and now in ruins, the Minneapolis Bridge and levies were built by an all American team and it collapsed If this is the best America has, and I would like to think that they hired the best and the brightest that we have, we need more skilled immigration, not less.
  9. R. Lawson's Avatar
    George,

    It just proves that global corporations have no loyalty to any nation. They won't stick with us through thick and thin. I see no reason to stick with them or cave to their threats.

    Intel is an old economy company. Aside from R&D, they are a manufacturing company. I mean really - we shouldn't be surprised that they are moving offshore just as all the other manufacturers have done (including Intel itself). When I was with Intel they invested heavily into new economy ventures - but they sucked at new economy business so they divested themselves soon after the .com bust. The problem isn't us - it is Intel. They haven't adapted their business model to the service economy well enough.

    Free trade is why all these manufacturing companies leave - they can get cheap labor elsewhere. The choice you leave us with George is to either become cheap labor ourselves or to import cheap labor here. So we are left debating which option ***** the least. Either way, the options suck.

    The day of the free trader is coming to an end. Enjoy your last few years in power. These are the last desperate attempts of Intel.
  10. Legal and no longer waiting's Avatar
    "It just proves that global corporations have no loyalty to any nation. "

    Yes, what a bunch of scumbags they are. Almost as bad as pilgrims, who dumped their motherland in such hard times.
  11. R. Lawson's Avatar
    "Almost as bad as pilgrims, who dumped their motherland in such hard times."

    That is not only absurd, it is offensive. This country was founded by people escaping a country that did not offer freedom and democracy as we know it today.

    Comparing CEOs looking for cheaper labor elsewhere to the Pilgrims - have you no shame?
  12. Legal and no longer waiting's Avatar
    "Comparing CEOs looking for cheaper labor elsewhere to the Pilgrims - have you no shame?"

    I must ask if you have a brain that can still think logically (as opposed to all over the place emotional mess that you are). Yes, CEOs look for better life for their companies, and if needed, they will look elsewhere - not only you can, but you should compare them to pilgrims. It is because of people like you this country is no longer best in business - http://www.slate.com/id/2186547/
  13. R. Lawson's Avatar
    "It is because of people like you this country is no longer best in business - http://www.slate.com/id/2186547/"

    That's funny. You support wreckless trade policies and record budget deficits that ulitimately lead to the decline on the dollar, and then you blame me.

    No, that's not funny. That's scandalous. Free traders caused this problem. They are the ones in power. It is their policies that have resulted in where we are today. You can't pin this on fair traders because our policies haven't been implemented. Our government has very open trade policies and is extremely laisefair on businesss - hence the subprime problem (they weren't regulated adequately). We have more immigration than any other nation on the planet. So get real!

    Finally, I restate my personal offense to the attack on pilgrims. I am very emotional about this because I am in fact a pilgrim. My wife is especially upset. I don't know how to discuss the remarks with my dear children: http://picasaweb.google.com/cburgstein/ALittlePilgrimage/photo#5103378064263507010

  14. R. Lawson's Avatar
    If you haven't figured out, the pilgrim picture is a joke. They are someone's actual photo album so don't go emailing them thinking they are me. I thought it was stock footage.
  15. Legal and no longer waiting's Avatar
    "Free traders caused this problem. "

    No, free trade exposed America's inability to compete with the rest of the world. But of course, as someone who's unable to compete. you will never blame yourself, so you just look someone to blame.
  16. R. Lawson's Avatar
    "No, free trade exposed America's inability to compete with the rest of the world. But of course, as someone who's unable to compete. you will never blame yourself, so you just look someone to blame."

    No, it exposed our inability to so gladly exploit humans like the rest of the world does. Half the people in India cannot read and probably don't have running water. We decided several generations ago that part of the American dream includes lifting people out of poverty. India hasn't made that decision.

    The undeveloped world has proven how little value they give to people. So it is quite easy for them to sell cheap labor and exploit people.

    If your plan is to compete on cost alone, it's only a matter of time before people figure out that cheaper isn't always better. The quality of service from offshored projects is just abysmal.

    Our secret weapon is our culture. We are a culture that embraces winning at all costs. We have long history of winning - be it in battle or in business. Who put the first man on the moon? Who invented the cotton gin? Who started the Internet? Where did the PC begin? All of these things occured before NAFTA and other major free trade agreements.

    You don't understand our nation at all if you think we are a bunch of losers who can't compete. Current events are simply waking a sleeping giant. You will find that in about six months, Americans will be claiming our leadership position in this world - again.

    Also, I can't help but noticing. The rupee has fallen against the dollar - where the dollar has fallen against every other currency in the world. That is a clear indicator that India is manipulating their currency. We have a word for that: cheaters. It will come back to bite them.
  17. USC's Avatar
    "That is a clear indicator that India is manipulating their currency."

    LOL!! Or possibly it has something to do with the Institutional Investors booking profits and selling part of their holdings in Indian equities!
  18. USC's Avatar
    "That is a clear indicator that India is manipulating their currency"

    This claim is really a howler. As further rebuttal of RL's position supplied below is a link to the RBI's website:

    http://rbi.org.in/scripts/WSSView.aspx?Id=12142

    The following are obvious:

    Over the past year India's reserves are up $109 Billion.
    Since Decemeber 31, 2007 they are up $28 Billion.
    Since March 31, 2007 they are up $104 Billion.
    Over the last week they are up $2 Billion.

    Do you think increasing reserves denote that the RBI is selling USDs?

  19.                's Avatar
    "We are a culture that embraces winning at all costs. We have long history of winning - be it in battle or in business."

    But this is also the culture that believes the world has existed a little over 2008 years.
  20. R. Lawson's Avatar
    "Do you think increasing reserves denote that the RBI is selling USDs?"

    If they are shorting the dollar, that means they are buying currencies that are rising against the dollar (they must be since all currencies are rising against the dollar EXCEPT the Rupee). Meaning the value of the Rupee should rise based on the basket of other currencies that are rising. But it isn't! Why not?

    It is clear that there is some manipulation here. Your links only substantiate my point.
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