I Want To Believe?

April 15, 2019

I Want To Believe?

Following up on What ME Worry?....

Investing more in your own stock than real future economic endeavor? When governmental, corporate and monetary policies all follow this misallocation of capital, whatever happens? What ME Worry??? There's got to be an answer. As Dr. Zaius warned... Don't look for it, Taylor. You may not like what you find.

with a completely related consequence....

"One of my best friends was talking to the CTO of one of the largest telco companies in the US and he said that they have so many job vacancies in their software division that they can't fill because programmers that used to come from Asia don't want to come to the US anymore especially from predominantly Muslim countries.

Qualified Americans – It is very, very hard to find top-level programmers in the US. I have bought entire companies to get good programmers. - Anecdotal comments

Nattering - Contrary to popular belief, based in urban myth and false doctrine, the best and brightest are NOT necessarily foreigners, and there is NOT any SHORTAGE of domestic STEM candidates." - H1B Visa - The Truth Is Out There?

All lies lead to the truth... the human resources department does not exist for the benefit of employees. HR exists only to advance the institutional agenda, profit, and provide insulation from liability. To believe otherwise is the epitome of utter foolishness and naivete.

Corporate "best practices" in hiring, or avoiding hiring, have been and are the culprit or STEM behind what has become a multi industry employers conspiracy to fabricate a STEM shortage, suppress wages and perpetrate age discrimination.

Said "shortage" is sold to politicians, the MSM and the public by STEM industry lobbyists. From the latest of multi decade studies, all repudiating the self induced and falsely proclaimed "shortage"...

Any and all claims of shortage and outstanding talent are not supported by the data, even after excluding the Indian IT service firms.

Instead, it is shown that the primary goals of employers in hiring foreign workers are to reduce labour costs and to obtain "indentured" employees.

Current immigration policy is causing an ‘Internal Brain Drain’ in STEM.

- Prof. Norm Matloff - UC Davis

Deceive, inveigle and obfuscate... It's not hard to find qualified top level programmers or STEM personnel in the US. But that's only if one is looking to hire domestically, pay a fair wage and perhaps hire someone over the Logan's Run age limit of 30. As witnessed by not putting your money where your mouth is...

Net fixed investment EX-residential as a share of GDP confirmed to be a national disaster, declining for 40 years (since 1979) and currently below the level 60 years ago (1959).

Telling a lie enough times doesn’t make it true, period. But, if you tell a lie big enough and keep repeating it, people will eventually come to believe it. Sadly true, at least for some.

"All this was inspired by the principle—which is quite true within itself—that in the big lie there is always a certain force of credibility; because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily; and thus in the primitive simplicity of their minds they more readily fall victims to the big lie than the small lie, since they themselves often tell small lies in little matters but would be ashamed to resort to large-scale falsehoods.

- Adolf Hitler, Mein Kampf, vol. I, ch. X - published 18 July 1925

In this case, the sad truth is the bulk of so called STEM job openings are non existent, and have been created by the employers to "go through the motions", giving the illusion that there is a "shortage".

How do employers sell the swindle? They form industry trade group fronts which spin the story through statistical falsity, then use the media whores to their advantage, viz. fake news.

More to come in Trust No One? Stay tuned, no flippin.