News, Banks sought foreign workers, AP investigation shows. (lawyers, companies, visas)

[JD59]

SANTA CLARA, Calif. -- Major U.S. banks sought government permission to bring thousands of foreign workers into the country for high-paying jobs even as the system was melting down last year and Americans were getting laid off, according to an Associated Press review of visa applications.

The dozen banks now receiving the biggest rescue packages, totaling more than $150 billion, requested visas for more than 21,800 foreign workers over the past six years for positions that included senior vice presidents, corporate lawyers, junior investment analysts and human resources specialists.

Banks sought foreign workers, AP investigation shows - Business – cleveland.com

[ParkTwain]

High tech has been doing this for two decades. The policy must be believed to work because even the banks (traditionally the most conservative type of business) picked up the same policy. The intent is obviously to produce downward pressure on employee incomes.

[Who?Me?!]

From the article:


"""Foreigners are attractive hires because companies have found ways to pay them less than American workers.""""


Isn't it nice to know our own money is being used to attack us...and it IS an attack.

Note the article didn't say that foreigners were better qualified or smarter than American workers.....just cheaper.