Skip to main content

View Diary: The Economics of Unemployment (47 comments)

Comment Preferences

  •  All the heads of Corporations in those other (2+ / 0-)
    Recommended by:
    Brooke In Seattle, Dirtandiron

    countries were with it.  Our own country colluded with them on this mortgage debacle scheme.  International banks, headquartered in other countries, should never have had to lend to or be able to have bought our country's citizen's mortgages.  That was a dumb innovation. Nor should our corporate heads have owned mortgages of the citizens from other countries.

    Experience is a hard teacher because she gives the test first, the lesson afterwards

    by publicv on Tue Feb 17, 2009 at 11:59:11 AM PST

    [ Parent ]

    •  i agree with that (0+ / 0-)

      However, that is the major cause of the current meltdown, not hiring Indian software engineers.

      •  The problem is not in hiring foreign workers. (2+ / 0-)
        Recommended by:
        Brooke In Seattle, Dirtandiron

        It is in the abuse in the corparation's quest to pay the lowest possible wage.  The intention of foul play has been proven.  As a result, america's standard of living is in a depressed state.

        Experience is a hard teacher because she gives the test first, the lesson afterwards

        by publicv on Tue Feb 17, 2009 at 12:04:29 PM PST

        [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site