Category Archives: Technology

UPDATED (7/9/018): Non-‘Shithole’ Countries Seem To Recover Quickly From Disasters, Natural Or Man-Made

Business, Economy, Federal Reserve Bank, Human Accomplishment, IMMIGRATION, Intelligence, Technology

In 2008, Iceland collapsed under the weight of its banking industry’s federal-reserve like excesses.

In 2018, Iceland’s is a red hot economy. The highly able population has shifted from finance to technology and tourism. No bailout—allowing the banks to collapse and a natural recovery take place—has a lot to do with it.

“… rather than stepping in with taxpayers’ money like the British and Americans did, the Icelandic government let its banks go bust.”

Likewise did Chile cope reasonably well with what was “one of the most powerful earthquakes in history.” We hear nothing of Chile’s struggles to recover.

Not so Haiti, the Africa of the Western Hemisphere.

Haiti is forever convulsed by political and natural disasters. It remains the poorest country in the Western Hemisphere, where four out of five people live in poverty and more than half in abject poverty (NYT).

It’s nearly two decades since a pair of earthquakes struck El Salvador in 2001. The US government granted Salvadorians a generous grant of privilege in the late 1990s, in the form of a temporary protected status (TPS) for nearly 200,000.

Ditto the “Haitians who were stranded after an earthquake in 2010.”

To the din of protest, “the United States’ Department of Homeland Security had only recently revoked the so-called temporary protection (it lasted nearly 2 decades).

“Shithole countries,” a Trump coinage, don’t seem to recover very well from disasters, natural or man-made, do they?

SEE RELATED READING:

“Trump’s ‘Shithole’ Controversy Deconstructed (Part 1)”
“Why Trump Pooh-Poohed ‘S-ithole’ Countries (Part 2)”

UPDATE (7/9/018):

Meanwhile in Haiti ...

How Are So-Called Right-Wing Feminists Different From The Left Variety? Not Much …

Affirmative Action, Feminism, Gender, Labor, Sex, Technology

So-called right-wing feminists such as Christina Sommers still don’t admit or grasp that, in aggregate, women have different aptitudes to men. Leveling the playing field (an impossibility, unless force is used) to them is just about choosing a different major.

For a more realistic survey of what women do in engineering and how they fare, read my “James Damore V. Google: Man Against Multinational & Matriarchy”:

Despite active recruiting and ample affirmative action, women made up only 14.5 percent and 12.5 percent, respectively, of computer science and electrical engineering graduates, in 2015. While they comprise 21.4 percent of undergraduates enrolled in engineering, females earned only 19.9 percent of all Bachelor’s degrees awarded by an engineering program in 2015.”

There is attrition!

Overall, and in the same year, 80.1 percent of Bachelor’s degrees in engineering went to men; 19.9 percent to women. (“Engineering by the Numbers,” By Brian L. Yoder, Ph.D.)

 

More Mediocre, IT Worker-Bees On The Way From Bangalore

Economy, IMMIGRATION, Labor, Outsourcing, Regulation, Technology

Nothing much has changed. “Government”—what a neutral way way of putting it—is preparing to hand out H-1B visas for so-called high-skilled (they’re not) foreign workers by lottery, without changes to previous policy. See “U.S. Prepares to Distribute H-1B Visas Without Trump-Demanded Changes.” Who’s the biggest winner, Tata, Infosys or Microsoft?

Again and again this column has relayed the truth about the H1B scam. The last time was in Why The H-1B Visa Racket Should Be Abolished, Not Reformed“:

… Why doesn’t the president know that the H-1B visa category is not a special visa for highly skilled individuals, but goes mostly to average workers? “Indian business-process outsourcing companies, which predominantly provide technology support to corporate back offices,” by the Economist’s accounting.

Overall, the work done by the H-1B intake does not require independent judgment, critical reasoning or higher-order thinking. “Average workers; ordinary talent doing ordinary work,” attest the experts who’ve been studying this intake for years. The master’s degree is the exception within the H-1B visa category.

More significant: THERE IS a visa category that is reserved exclusively for individuals with extraordinary abilities and achievement. I know, because the principal sponsor in our family received this visa. I first wrote about the visa that doesn’t displace ordinary Americans in … 2008:

It’s the O-1 visa.

“Extraordinary ability in the fields of science, education, business or athletics,” states the Department of Homeland Security, “means a level of expertise indicating that the person is one of the small percentage who has risen to the very top of the field of endeavor.”

Most significant: There is no cap on the number of O-1 visa entrants allowed. Access to this limited pool of talent is unlimited.

My point vis-à-vis the O-1 visa is this: The H-1B hogs are forever claiming that they are desperate for talent. In reality, they have unlimited access to individuals with unique abilities through the open-ended O-1 visa program.

There is no limit to the number of geniuses American companies can import.

Theoretically, the H-1B program could be completely abolished and all needed Einsteins imported through the O-1 program. (Why, even future first ladies would stand a chance under the business category of the O-1A visa, as a wealth-generating supermodel could certainly qualify.)

Now you understand my disappointment. In his April 18 Executive Order, President Trump promised to merely reform a program that needs abolishing. That is if “Hire American” means anything to anybody anymore.

MORE: “Why The H-1B Visa Racket Should Be Abolished, Not Reformed.”

Bill Gates Advocates Higher Taxes, While Famoulsy Using His Charitable Foundation As A Tax Haven Of Sorts

Business, Celebrity, Taxation, Technology

What a so-and-so! Bill Gates, like Messrs. Buffett, Zuckerberg and Musk, shovel their “fortunes into a charitable foundation,” which “has the happy side-effect of reducing tax bills, too—meaning that billionaires’ schemes can leave poorer taxpayers to fill in the gaps in public spending.”—The Economist, “Billionaires and the Falcon Heavy.”

“He’s learned the art of virtue-signaling hypocrisy from his bridge buddy,” mocks investor Clifford Asness.

Microsoft founder and billionaire … Gates says he should pay more in taxes and that the government should require other superwealthy people like him to contribute “significantly higher” amounts.
“I need to pay higher taxes,” Gates, who is worth over $90 billion, said in an interview with CNN’s Fareed Zakaria on Sunday.
“I’ve paid more taxes, over $10 billion, than anyone else, but the government should require the people in my position to pay significantly higher taxes,” he said.

“Billionaire Bill Gates says he should pay ‘significantly higher’ taxes.”