[NTLUG:Discuss] OT: Fried

[fredjame]

<soap box>
Sorry - I think your are both slightly off the mark.  The root cause is 
debt.  Debt service eats up so much of every dollar taken in the door  
that there is little left for anything else.  Stock market shares are 
debt, or the ability to take on debt - bad stock market performance 
equals less ability to raise capital (debt).  Don't take on debt and 
someone who is willing to take it on will soon own you.  Between singing 
to the stock market (hoping to retain your ability to get more credit 
(debt)), and paying for the current debt service - no one will survive.  
And don't scream "socialist" because the socialist have not shown the 
least understanding of the issue either.
</soap box>

clayramsey1 at comcast.net wrote:

>I agree with much of what you say, BUT....
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>there is very little that anyone in DC can REALLY do to stop it.
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>collectively, we are too expensive.  I saw this from the other side at my last job (IT support for headhunters).....
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>Firms were paying BIG bucks in many cases for relatively lightly qualified staff - and they DO NOT, or should I say, WILL NOT do that again.  Remember the "paper MCSE"?  The "paper CCNA"?
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>As I see it, the logic of the corp. staffing people will be this:
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>"If we are gonna have "sorta" qualed staff, we're gonna pay less for 'em.
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>The 90s are gone.... I just hope and pray for the next big US innovation to come along.  
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>If I may make a ssuggestion - there are a SHITLOAD of small firms still running 3.1, 95, and 98, in need of serious IT help.  Hanging out your shingle (directed at noone in particular) might be a good idea.
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>>Ok, this may get me kicked off the list, if so, so be it!
>>
>>I've really had enough of this H1-B visa crap!!!  Did anyone catch the 
>>Tech-Bits note in the Dallas Morning News about 43,500 of the authorized 
>>65,000 H1-B visas for this year already being used.  Again the reason 
>>given for hiring these people is that American workers can't be found to 
>>fill these jobs.
>>
>>BULLSHIT!!!!
>>
>>It's about GREED not about qualifications or lack of local workers. 
>>Those of you that want to defend this BS just stick a sock in it!!!!
>>
>>With over 360,000 IT workers in this country collecting unemployment and 
>>an unknown number working as greeters at Walmart or asking if you want 
>>fries with that, this dog just don't hunt!!  And don't even try that 
>>argument about better trained or superior skills.  Tell those (and I 
>>know several) people that trained the cheaper worker who gave them the 
>>pleasure of collecting unemployment!@!!
>>
>>The last 3 years have been about nothing more that greed.  Starting at 
>>the White House, the congress, the state houses, the corporate board 
>>rooms, and the executive suites.  And like good little lambs us little 
>>people have paraded ourselves right into the slaughter house.  Our 
>>entire economy, technical lead, and future have been sold to the lowest 
>>bidder.
>>
>>People better wake up and smell the roses because it's already too late. 
>>  This so called recovery has created an economy that builds nothing and 
>>creates nothing.  Of the job loss 32% has been from the tech industry 
>>and over 20% from manufacturing.  We're beginning to look like Japan, an 
>>economic also-ran.  Microsoft, HP, Dell, GE, Alcatel, Honeywell, and a 
>>list as long as my arm no longer build or design it here, they just sell 
>>it here!!!
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>>Alcatel just closed the doors on an entire department and moved the 
>>work, not the workers, to Canada.  Verizon will be cutting again. 
>>Companies that are expanding are not expanding in the US.  And when they 
>>do hire it's at 50%-60% of 1999 salaries.
>>
>>-- 
>>Greg
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