Sunday, February 1, 2009

Bailed-out banks sought foreign workers

Even our Associated Press friends think something is amiss about the growing bailout scandal.

The AP now reports that banks that have accumulated gabillions of dollars in bailout dough have been trying to fill jobs with foreign workers - not American workers.

These banks have sought permission to bring thousands of foreign employees to American soil to work.

Can someone please tell me how again this is supposed to help the American economy? I'm not against immigration per se, but wasn't one of the reasons for the bailout supposed to be to keep Americans working?

For years, companies have been abusing foreign workers by holding their passports. It's unclear however if that's going on this time. It's also unknown how many foreign nationals the banks that got bailout money from American taxpayers actually hired.

(Source: http://news.yahoo.com/s/ap/20090201/ap_on_bi_ge/bailout_foreign_workers_2)

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