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Originally Posted by Perry Winkle
(Post 579281)
How is it not already a complete disaster? The bailouts are just prolonging the inevitable.
Anyway, the banks are just the tip of the iceberg. The situation in California is just a glimmer of what may happen to the entire Western world. Letting industry and banking go without bailouts may have given us more short-term pain in exchange for lessening some long-term pain.
Read up on economics. Please.
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As I have said other places, I did not support the bank bailout. In fact, I wrote letters and called all my reps and begged them not to support it. So I sort of agree with you on that.
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Ever hear of game theory? Part of the reason the banking and finance industry imploded is because they had to work around regulations. The proportion varies depending on which expert you're listening to. Yes, they would have made some of the same mistakes but Federal regulations demonstrably incentivized unsound decisions, increasing the magnitude of the problem.
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Sorry, but I just don't buy it. if that were true, what caused it the first time around in the 30s? They weren't heavily regulated back then were they?
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First, those jobs would likely go empty without undocumented migrant workers. Even with increased unemployment, like we're experiencing now, those jobs would still go unfilled to a significant extent because white collar workers are not going to do them until their situation becomes most dire. Even (especially?) blue collar workers aren't going to do hard manual labor unless they have to.
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Balony. The problem isn't getting people to do the jobs, the problem is getting the companies to pay a FAIR WAGE. If they paid a fair wage, the workers would be there. That is as ridiculous as Bill Gates saying they need to be able to import more IT and computer programmers/engineers, etc. There are PLENTY of those people already here. My cousin lost her job after the .com boom, and it took her over a year to find another job. Now she works for the IRS. She is plenty qualified to work for microshit though. Her sister is VP there.
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Second, look at your statement from the other direction: Anyone who supports immigration restrictions is supporting a form of slavery by giving business owners incentive and a supply of exploitable labor.
Think about it. If we made it easy for all non-hostile (like no ties to terrorist organizations) immigrants to gain official status then businesses would have no incentive to favor undocumented migrants over citizens, except when it comes to suitability for the work.
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Let me make my position clear. I think people should be able to live and work wherever they want. I think there should be a world standard for environmental issues, and work standards and ethics, and pay scales. I do not believe we should have borders, ANYWHERE. Since we do, however, it only makes sense to provide for the people who are legal citizens of THIS country first.
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First, that is meaningless unless you define `menial` and tell us what he does and tell us how much it costs him in lost wages when he is deported.
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He works in construction. I'm not exactly sure what his job title is or exactly what he does.
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Second, you gotta be fucking kidding me. The easiest way to fight illegal immigration is to get rid of immigration restrictions. That is LESS work and LESS burden on the judicial system.
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see above response.
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Incarcerating someone for 5 years costs MORE THAN THE FINE YOU PROPOSE. That's just insipid.
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So make them pay for their own incarceration as well. The point is, most of those executives will not wish to go to jail. If they KNEW they would not only pay a hefty fine, but also risk going to prison for 5 years PER offense, they might think twice before hiring illegals.
Also, you have to take into consideration that they never hire just one illegal, they hire many. So the fine would be much bigger than $100,000, and the prison sentence would much longer. (how much does it cost to incarcerate someone for a year?)