American college-graduates are urging the House Committee on Rules to block GOP Rep. Kevin Yoder’s “country caps” appropriations legislation, saying it will widen discrimination against Americans and expand the outsourcing of U.S. college-grad jobs to Indian visa-workers. “Today we have [workplaces] all across the country that are virtually 100 percent Indian,” said Robert Heath, a software professional who now runs the H1BFacts.com website. Yoder’s amendment “would be worse — it would be ethnic cleansing of U.S. workers from the [science and technology] professions.” “We’re all scared because if H.R. 392 passes, if they get green cards, the discrimination will become rampant,” said Stephen Pushor, a retired programmer in Virginia. The anti-American bias is already widespread in the software sector, and it sidelines many younger and middle-aged American professionals, he said. Yoder’s country cap amendment would open up a fast-track to green cards for up to 300,000 Indian … [Read more...] about Yoder’s Green-Card Giveaway Will Expand Bias Against U.S. College-Grads, Say American Professionals
Regulator apologises for basel iv bank rules delay
Following Setbacks, Climate Activists Rethink Their Approach
Has oil activism peaked? The annual shareholder meetings of Exxon Mobil and Chevron, scheduled for Wednesday, are set to be largely sedate, as they will be held virtually. But their European rivals had raucous meetings last week, with environmental protesters storming the stage at Shell’s gathering and clashing with tear-gas-wielding police outside Total’s. Despite the drama, however, climate-focused shareholder activists are being forced to rethink their approach, two years after the tiny hedge fund Engine No. 1 won a stunning victory over Exxon, Vivienne Walt writes for DealBook. Activists have failed to win more than 50 percent in many key proxy votes since then. That string of disappointing results is forcing a reckoning at some of the sector’s biggest players: “In June, we’re going to revisit our strategy, and think about what’s next for the coming years,” Mark van Baal, the founder of the shareholder activist group Follow This, told DealBook. And it comes despite … [Read more...] about Following Setbacks, Climate Activists Rethink Their Approach
Top 10 Things Obama Should Have Done Differently
Top 10 Things Obama Could Have Done Differently: Excessively well-sourced Obama boosters are now channeling, not just White House spin but White House self-pity. Both Ezra Klein and Jonathan Alter wonder aloud why our intelligent, conscientious, well-meaning, data-driven President is taking a “pummeling.” “What could Obama have done?” (Klein) “What, specifically, has he done wrong .. .?” (Alter) They’re kidding, right? There are plenty of things Obama could have done differently. Most of these mistakes were called out at the time . Here, off the top of my head, are ten things Obama could have done: 1. Not subcontracted out the details of the 2009 stimulus to interest-group-addled Congressional Democrats. Instead, he could have drawn up his own plan that relied more on large, quick payroll tax cuts rather than the “shovel ready” infrastructure projects that, as Obama later admitted, weren’t shovel ready and (in the case of home-weatherization efforts) were … [Read more...] about Top 10 Things Obama Should Have Done Differently