What about Bloomberg
What about Bloomberg
Date: Monday, January 28, 2008 11:42 PM
<<<<< 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
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/2008/01/23/66717.html
Bloomberg: More Immigration Helps Economy
http://www.nypost.com/seven/12132007/news/worldnews/bloomy_blasts_immigration_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/712130337
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/2008/01/23/66717.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_immigration_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/712130337
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.
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