Re: Good book "Great Careers in 2 Years".....


nonesuch wrote:
"Kamal R. Prasad" <kamalp@xxxxxxx> wrote in message
news:1148992870.024916.107290@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

rrc wrote:
Kamal R. Prasad wrote:

Every to-be-laid-off american ought to put a counter-offer to continue
for $20-25K. That will
save them the jobs from being offshored and also the anxieties of
training for a new job. It
will also make it cheaper to hire US citizens than H1bs.

Yes, in addition, we need to be placed in section 8 (subsidized/rent
ctrl) housing so that the land/RE speculators can't drive the newly

The key is to understand that jobs don't belong to the country/public.
One has to bring value to the table in terms of being competitively
priced to get/retain jobs. If citizenship entitles one to jobs, then
there won't be any thing such as an office commute.
They actually DO belong to the country/public. The businesses doing the
hiring are getting hefty tax breaks and other incentives, so there should be
a law requiring corporations to give something in return. Moreover,

Most of the tax breaks are ALREADY subject to employment generation. It
is something of a band-aid/quickfix for a deeper malaise of bad
economic fundamentals. Corporations on their part take advantage of
politicians being in jeopardy and agree to it. But that doesn't give
the public rights over capital.

globalization was never meant to be of labor, but of trade and goods.

Services are also tradeable like goods. Whether you produce/export
plastic/electronic goods or provide services to create such goods, it
boils down to the same thing. If physical form were relevant -there
would be no such thing as intellectial property as it doesn't have a
physical form.

Besides, the chief reason for hiring foreigners (myself included) has noting
to do with competence but with lower labor costs and benefits paid. IT is

US labour is just not competitively priced -no matter what kind of
labour we are talking of:- white/blue or skilled/semi/un-skilled.

the way the stock market operates that has cause this mess, resulting in the
impoverishment of many and the enrichment of few.

well -thats what capitalism is about. The stock market is just a
mechanism to tap into investor wealth. (Its called the secondary
market, the primary one being wherein you don't do a public offering
and private investors pour money into the venture).


poor onto the streets. Ultimately, that'll lead to a bifurcation of
housing with the owners and financial types living in McMansions and
the rest of the population in low rent tenements which will avoid civil

..and you could vote to raise taxes/rollback taxcuts for the super-rich
to lower disparity of wealth.

unrest. Nonetheless, I think it's the best way to maintain order and
civility in a newly evolving third world nation.

If you know something of macro-economics, you will realize that wealth
does not originate in the US, or that your country has fallen off a
cliff (in terms of losing its purchasing power) quite some time back
and but for manipulations that wasn't evident till date. It isn't that
but for W or job-stealing Indians -you would have been living in the
first world.
So where does wealth originate? If you subscribe to the view that it comes

Wealth is a concept -and the closest one can come to defining it is
-some form of trade-able goods/services. The silver/gold deposits found
in sierra-nevada represent real 'wealth'. The snow pack and the
wildlife sanctuaries/real estate - represent real 'wealth'. Deposits of
oil represent real 'wealth'. The services one can buy eg hiring a
gardener or an engineer to do a job/create products/IP represents real
'wealth'. The currency notes printed by the mint/central bank represent
promisory notes or instruments to trade in wealth -NOT real wealth in
itself. When a central bank goes in for monetary expensaion and prints
a hell lot of currency notes -that diminishes intrinsic worth of the
currency coz the amount of trade-able goods/services are not increasing
at the same rate. So, for those who think that "the world loves our
currency" or "the mint will print all the money we want" -they need to
get their fundaes cleared on this one.


from labor then you are a commie. And who cares about cheap

No -one doesn't have to be a communist to believe so. And besides that,
I am not religious about a given line of thinking.

electronic/clothing imports if they are junk, not to mention how they
accelerate the decay of the environment.

Your currency gives you finite purchasing power. How you use it is not
relevant. If you don't want some stuff -just don't buy it. The fact
that you consider it junk doesn't mean you will get it for free.

regards
-kamal

.

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