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Outsourcing goverment workers seems like a good idea to me.

Once enough of them (government workers) are unemployed we might get some immigrtation and tax relief.

Fear of the private sector is a powerful motivator.

1 posted on 06/10/2003 10:48:40 AM PDT by Rodsomnia
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To: Rodsomnia
Morgan Stanley plans to experiment with hiring stock analysts in India

Hard to see how they could do any worse than the domestic ones...

2 posted on 06/10/2003 10:50:36 AM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Rodsomnia
Be afraid. Be very afraid.
3 posted on 06/10/2003 10:52:12 AM PDT by Sgt Hulka 123
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To: Rodsomnia
Business Week reported that L-1 visas were the ticket of entry to take a U.S. job for half of Tata's 5,000 workers, for one-third of Infosys' 3,000 U.S.-based workers, and for 32 percent of Wipro's U.S. employees. L-1 visas enable Indian workers to replace U.S. workers.

There are some reports that 'cause L1's can be paid by the country their from, they pay ZERO US taxes.

4 posted on 06/10/2003 10:55:19 AM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Rodsomnia
I'm disappointed at Schlafly's just rehashing a pile of factoids without any analysis. News outlets are paying her to think of something.
5 posted on 06/10/2003 11:00:37 AM PDT by Tax-chick (God bless President Bush and President Reagan.)
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To: Rodsomnia
So if we outsource every possible job in our "new economy" what does that leave us with?

Lawyers, Judges, Politicians, and fast food restaurant workers...

9 posted on 06/10/2003 2:16:19 PM PDT by Im Your Huckleberry
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To: Rodsomnia
Morgan Stanley plans to experiment with hiring stock analysts in India
What goes for "stock analyst" today is nothing more than "Are they mentioned in the WSJ today?" Plus all the big firms have major conflicts of interest covering stocks. I'll trust a used car salesman before I trust a major Wall Street firm's stock analysis.
The independant research firms will get a lot of business out of this as everyone's been burned by WS recommendations.

To add to this, Wall Street is looking for a new crop of suckers to buy their wares. They have to setup shop in India as money is flowing into there and they need some goodwill in the country. I give it 3 years before there's a major scandal of them scamming money.
12 posted on 06/11/2003 1:01:21 PM PDT by lelio
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To: Willie Green; Wolfie; ex-snook; Cacophonous; Poohbah; Jhoffa_; FITZ; arete; FreedomPoster; ...
Not only is the claim made by many tech companies that the United States suffers a shortage of computer programmers and engineers a fraud, but so is the claim that the aliens they import have specialized knowledge that is needed to retain the tech industry's competitive edge.

If the process continues for longer this claim might become true as the expertise will shift to the foreigners.

13 posted on 06/12/2003 4:45:12 AM PDT by A. Pole
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To: Rodsomnia
A graduate of the Indian Institutes of Technology with a master's in business administration can be hired for $12,000. Compare that to the average starting salary or $102,338 for a Harvard Business School graduate.

Something doesn't ring true in this comparison. If the Indian MBA is doing the same work as the Harvard grad then how can the Harvard grad ask for the $102K and who would be foolish enough to pay it? Doesn't the law of supply and demand apply to the MBAs or could it be they don't think it applies to them and that they are "entitled" to such high starting salaries? Seems as though they have a union mentality!

16 posted on 06/12/2003 5:17:37 AM PDT by varon
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To: Rodsomnia
As one executive, who has no shame about replacing U.S. citizens with foreigners, said, "If it can be done by sitting at a desk in front of a computer, then it can be done abroad."

Which is exactly why I'm getting the h*ll out of IT after 15 years. My income will suffer but at least I'll be working.

18 posted on 06/12/2003 5:29:22 AM PDT by YankeeReb
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To: Rodsomnia
If this trend continues politicians will be on the block as well and America will be a colony, probably a globalists wet dream.
25 posted on 06/12/2003 7:57:56 AM PDT by junta
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To: Rodsomnia
H-1B workers are paid equal to or higher wages than US Workers because their wages are literally dictated and enforced by the Department of Labor, which require high salaries in order to dissuade the displacement of American workers. It is therefore more expensive to pay for an Indian H-1B than it is to pay an American worker, because with an American worker, you can pay them whatever you want, as long as it is above minimum wage.

Go here for the Federally mandated wage library, wherein wages for foreign (H-1B and Green Card) workers are etched in stone, and as you can see, are generally higher than what most American citizen workers in this country get, for any type of job.

Before an H-1B can work here, the employer has to have a labor certification approved first, and compliance with the DOL wage standards are mandatory. Sorry to burst your bubble.

34 posted on 06/29/2003 5:17:49 PM PDT by MACK_DADDY
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