<<<<< JOB DESTRUCTION NEWSLETTER  No. 1812 -- 1/28/2008 >>>>>

I often get emails from people asking me if Bloomberg is better on H-1B
than the other presidential candidates. Based on what I have seen he is no
better or worse. All the major candidates from both parties support H-1B
and most of them want to expand the program.

Considering the near unanimity from all the candidates in support of some
form of amnesty and guest worker visas the statement below by Bloomberg is
downright weird. I would be very curious which candidates he thinks are
xenophobes because the one thing they all have in common is the belief that
guest-worker visas are an absolute necessity. Can you really get more
open-borders than McCain, Obama, or Clinton?

   In his State of the City address last week, Bloomberg accused the
   declared presidential candidates of promoting a "xenophobic" policy
   on immigration.

Recently Bloomberg made a statement that doesn't mention H-1B directly but
it's quite obvious what he is talking about:

   "We should be encouraging the best and brightest from around the
    world to move here, bring their knowledge, bring the capital,
    bring their spirit, to expand the economy.

In December Bloomberg went to China and made this statement, which should
erase all doubt about which way he wants H-1B to go:

    "our challenge is to open our labor markets to more
    foreign workers"


At this point there is not much more to be said about the presidential
election and H-1B unless they come out with something new like a specific
statement on H-1B or other types of guest worker visas. Every single
candidate supports H-1B so we have lost on that issue. There are other
important things besides H-1B however, so there are many issues to consider
when choosing who you will vote for president. Remember that Bush has tried
to increase H-1B every single year but he only managed to get an increase
of 20,000. The bottom line is that on H-1B you need to concentrate on
Congress because the President is a lost cause.


PLEASE, BEFORE YOU SEND ME AN EMAIL TO DEFEND YOUR FAVORITE CANDIDATE: I
have devoted numerous newsletters that analyze the positions of the
presidential candidates in regards to H-1B. All of the Democratic and
Republican candidates support H-1B, and most of them want to increase the
number of visas. Don't bother arguing with me unless you have studied the
archived newsletters on each candidate, and you have something more in the
way of proof such as direct and verifiable quotes. I get particularly
frustrated with the Ron Paul fanatics who jump to defend him every time he
is criticized; so unless he has said something new I'm not interested.


***************
Materials used
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http://www.newsday.com/news/local/newyork/ny-nymike235548415jan23,0,1794880.
story
Bloomberg again praises immigrants' role in economy


http://www.newsmax.com/insidecover/Bloomberg:_More_Immigrati/2008/01/23/6671
7.html
Bloomberg: More Immigration Helps Economy


http://www.nypost.com/seven/12132007/news/worldnews/bloomy_blasts_immigratio
n_critics_in_chi_950858.htm
BLOOMY BLASTS IMMIGRATION CRITICS IN CHINA SPEECH


http://washingtonbureau.typepad.com/china/2007/12/mayor-bloomberg.html
Mayor Bloomberg's take on China


http://www.dailyrecord.com/apps/pbcs.dll/article?AID=/20071213/BUSINESS/71
2130337
Bloomberg wants Chinato open capital markets


+++++++++++++++++++++++++++++++++++++++++++++++++++

http://www.newsday.com/news/local/newyork/ny-nymike235548415jan23,0,1794880.
story

Bloomberg again praises immigrants' role in economy
BY KARLA SCHUSTER.karla.schuster@newsday.com

January 23, 2008

The stock market's volatility is "very problematic" for the city and is
being stoked by shortsighted immigration policies that ignore the
relationship between the United States and world economies, Mayor Michael
Bloomberg said yesterday.

On a day when the Federal Reserve slashed interest rates and the Dow Jones
Industrial Average plunged, then recovered slightly, Bloomberg reiterated a
theme he has hit on regularly in recent weeks as speculation about a
possible presidential bid grows: Immigration is the key to economic growth.

"All these economies are linked together and our country has tried to look
inward at the very time we should be looking outward," the mayor said at a
news conference at an East Elmhurst self-service laundry yesterday morning.

"We should be encouraging the best and brightest from around the world to
move here, bring their knowledge, bring the capital, bring their spirit, to
expand the economy.

"And sadly," he said, "I think we're going in the other direction."

The mayor has denied he is running for higher office, but his aides have
been conducting national polls to gauge his chances and he has been
speaking more often on national issues.

In his State of the City address last week, Bloomberg accused the declared
presidential candidates of promoting a "xenophobic" policy on immigration.

Tonight, Bloomberg is scheduled to deliver a speech on the national economy
to the U.S. Conference of Mayors in Washington, D.C.

It will be his third out-of-state trip this month.

He said yesterday that while an interest-rate cut will provide a temporary
stimulus, he is not convinced it is a long-term solution to the nation's
economic troubles.

"It is very worrisome for this city," the mayor said of the economic
turmoil. "We are dependent on Wall Street revenues and profits and that's
clearly going to be lower. We are dependent on people's confidence in the
future and that is less than it was. But I don't think it's cataclysmic."

Bloomberg tomorrow is expected to propose a budget for next year that holds
the line on property taxes, based on 5 percent, across-the-board budget
cuts.

"New Yorkers have reason to be worried," he said, but, "if there's any hand
I'd like to play, it's New York City's hand."


+++++++++++++++++++++++++++++++++++++++++++++++++++

http://www.newsmax.com/insidecover/Bloomberg:_More_Immigrati/2008/01/23/6671
7.html

Bloomberg: More Immigration Helps Economy

Wednesday, January 23, 2008 11:18 AM

By: Newsmax Staff

New York City Mayor and potential presidential candidate Michael Bloomberg
says that welcoming more immigrants to the U.S. is the key to solving
America’s economic troubles.

"Our country has tried to look inward at the very time when we should be
looking outward," Bloomberg said at a press conference on Tuesday.

"We should be trying to encourage the best and the brightest from around
the world to move here and bring their knowledge, bring their capital,
bring their spirit to expand our economy, and sadly, I think we are going
in the other direction."

Bloomberg’s remarks echoed comments he made in last week State of the
City address, when he praised immigrants’ role in the U.S. economy, the
New York Sun reported.

In that address, he also criticized "those politicians who, all of a
sudden, have embraced xenophobia," an apparent swipe at the Republican
presidential candidates.

+++++++++++++++++++++++++++++++++++++++++++++++++++

http://www.nypost.com/seven/12132007/news/worldnews/bloomy_blasts_immigratio
n_critics_in_chi_950858.htm

BLOOMY BLASTS IMMIGRATION CRITICS IN CHINA SPEECH

By DAVID SEIFMAN City Hall Bureau Chief


December 13, 2007 -- Anti-immigrant sentiment in the United States is
imposing "staggering damage" to the entire nation, Mayor Bloomberg declared
yesterday in China.
"We live in a much more international world," the mayor said following a
speech at Fudan University in Shanghai.

"The xenophobia that unfortunately seems to be gripping parts of America is
really very dangerous. One of the things you realize is how dependent we
are on each other."

His comments in China were the strongest he's ever delivered in defense of
immigration.

"Immigrants built our city and country," the mayor said.

"Consider this: Half of the Americans who won Nobel Prizes in physics in
the past seven years were born abroad. More than half the people with
Ph.D.s working in America are immigrants . . . In fact, a quarter of all
Silicon Valley companies were started by entrepreneurs from just two
countries: China and India."

Mayoral aides said Bloomberg's comments were spurred by a wave of
anti-immigrant sentiment in some towns, cities and states and weren't
intended as political commentary.

david.seifman@nypost.com

+++++++++++++++++++++++++++++++++++++++++++++++++++

http://washingtonbureau.typepad.com/china/2007/12/mayor-bloomberg.html

Mayor Bloomberg's take on China

If all politics is local, as the venerable politician Tip O’Neill once
said, then one can understand why New York City Mayor Michael Bloomberg is
spending this week gallivanting about China.

After all, New York City has strong connections with China.

Consider that 450,000 New York City residents have roots in China, more
than in any other city outside of Asia. There are 2,500 Chinese restaurants
in New York City.

Bopping around China won’t hurt Bloomberg get votes at home. He’s in
Shanghai today, a city not unlike New York with its soaring skyscrapers and
humming financial industry. He was in Beijing Monday and Tuesday.

In addition to opening an office of the New York Stock Exchange in Beijing,
Bloomberg’s offered two public speeches while here, both decidedly
pro-market.

In both speeches, Bloomberg extolled market competition as a way to create
incentives for China and the U.S. to grow stronger from each side’s
comparative advantages.

He says U.S. open-door immigration policies are essential. In a speech
today at Fudan University in Shanghai, Bloomberg said that half the
Americans who have won Nobel Prizes in physics in the past seven years are
foreign-born, and that more than half the Ph.D.s working in the U.S. are
immigrants. Here is an excerpt:

"The U.S. and China are in a competition for talent, and each of us has
certain competitive advantages that we can take greater advantage of. The
U.S. is a magnet for talent. China is a magnet for capital. In the U.S.,
our challenge is to open our labor markets to more foreign workers, while
in China, it seems the challenge is to open capital markets to more foreign
investment -- because foreign investment creates the domestic jobs that
will help keep educated Chinese men and women from leaving the country."

He went on to say that low wages and taxes are not the be-all and end-all
for investors in the global economy, and that’s where China he gave a
gentle tweak to China.

"(Investors) also consider: whether corruption is a typical part of doing
business, whether income statements are transparent, whether monetary
policy is likely to promote stability, whether effective quality and safety
standards are enforced, whether the economy is guided by the free hand of
the market or the heavy hand of government, whether you will be able to
retain ownership of your ideas and capital, and whether government requires
businesses to jump over expensive and time-consuming bureaucratic hurdles.

"The United States has strategic advantages in all of these areas -- but we
can do more to sharpen them. For instance, we have some of the strongest
investor protections in the world -- but our regulatory apparatus has
become more cumbersome than it needs to be."

While China is strong in attracting investment, it lags on matters like
standards for quality, health, labor and safety. Bloomberg said those
quality-of-life issues are key ingredients to a successful economy.

"As the Mayor of a city where you can hear 200 languages spoken on the
street, I believe that there is no better example of how diversity
strengthens a society than New York City. New York ’s incredible cultural
diversity is perhaps the single greatest competitive advantage that we
have.

"Because in the global economy, talented people want to live in places that
offer not only exciting careers, diverse cultural opportunities, safe
streets, good schools, and clean air, they also want to live where they are
free to be themselves."


+++++++++++++++++++++++++++++++++++++++++++++++++++

http://www.dailyrecord.com/apps/pbcs.dll/article?AID=/20071213/BUSINESS/71
2130337

12/13/07 - Posted from the Daily Record newsroom
Bloomberg wants Chinato open capital markets

Says growing nation will benefit in exchange from foreign invesment, jobs

BY ELAINE KURTENBACH
ASSOCIATED PRESS
SHANGHAI, China -- The key to China's future competitiveness lies in open
markets and greater freedoms that will attract investment and vital talent,
New York City Mayor Michael Bloomberg said Wednesday during a visit to
China's financial capital.

Both the U.S. and China face challenges in fighting protectionism and
improving their investment environments, Bloomberg said in a speech at
Shanghai's prestigious Fudan University.

To attract the kind of talent it needs to raise its competitiveness, China
needs open markets, he said.

"In the U.S., our challenge is to open our labor markets to more foreign
workers, while in China, it seems the challenge is to open capital markets
to more foreign investment," Bloomberg said.

"Foreign investment creates the domestic jobs that will help keep educated
Chinese men and women from leaving the country," he said.

U.N. conference

Bloomberg, who visited Beijing earlier in the week and was heading to the
United Nations climate conference in Bali, Indonesia, later in the day,
praised China for the progress it has made, including allowing both the New
York Stock Exchange and NASDAQ to open offices in China.

But more needs to be done, said Bloomberg, founder of the financial news
and data service Bloomberg LP.

"Here in China, I think it's fair to say that some areas of the economy are
over-regulated, such as the capital markets," he said.

Protectionism hurts competitiveness, in both countries, he said.

"In the long run, protectionist policies -- and policies promoting economic
nationalism -- only hurt the industries they are trying to help. Certainly,
that was true of American protection of the auto industry and Japanese
protection of its banking industry," he said.

One key to countering shortages of highly skilled labor is to allow greater
freedoms, Bloomberg said.

"The Olympics will be an incredible opportunity for China to showcase the
impressive progress it has made in recent years, but it will also be a
reminder to people across the world that much work remains to be done in
building a harmonious society, where differences of opinion on politics,
philosophy, and faith are accepted for what they are: part of the natural
order of life," he said.

"Because in the global economy, talented people want to live in places that
offer not only exciting careers, diverse cultural opportunities, safe
streets, good schools, and clean air, they also want to live where they are
free to be themselves," he said.