Sen. Schumer has pledged to undo a provision included in the stimulus package that will make it nearly impossible for New York’s banks to hire foreign workers through the H-1B visa program.
The amendment to the stimulus bill, proposed by Sens. Bernie Sanders, I-Vt., and Chuck Grassley, D-Iowa, originally would have banned the visas for any company that received money from the Troubled Assets Relief Program, or TARP. A compromise lifted the ban, but companies will still be required to hire from the growing pool of laid-off American workers first. Advocates say that the mandate is so onerous that it will virtually stop banks from bringing foreign workers into the country.
“When they require someone with a language or other skill who they feel is the best person for the job, if they can’t bring them to New York, they will move the function,” says Wylde. “That’s what’s happened in the past when we’ve had a shortage of the H-1B visas.”
Sounds like somebody decided to slip in a bit of the pro-union pork – the unions loathe H-1B work visas, mostly because there’s no good way for them to wet their beaks – and Schumer didn’t notice until it was too late. You see, his problem is that the banks in his state that would be affected by this are international… so if they can’t bring the workers into the country, they can take the work out of the country. Which is important because they’ll also end up sending other people’s work out of the country. Work done by people who are registered to vote in the State of New York, which is why Schumer’s now going full guns to get this rule reversed in future legislation.
You know what would have stopped your little problem cold, Chuck? Reading the damn bill in the first place. Which is your job, and the only one that an indulgent nation has ever required you to have. So lose the swarmy attitude next time and, you know, actually do some work for a change.
If you don’t want to do that, I hear that the local McDonald’s is hiring. With your skill set, you could probably start as an assistant manager with only a little finessing of the interview.
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