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April 12, 2005

Comments

Anonymous

Cody,Non criminals can immigrate to this country legally. However there has to be system in place to monitor who enters and how many along with proper processing.So the people entering can pay taxes to the government like the rest of us to support the infrastructure they use.At this time, along the Mexican & Canadian border, there is a system that is in need of great repair. Anyone can cross the border unchecked. And are doing so in great numbers.Maybe potential immigrants from the Middle East are having problems. But that has more to do with National Security than race.I equate the current state of immigration (at least the last 15 years), to a underperforming tech company that keeps issuing stock, convertable debt, and officer stock options. The share holders (US citizen and Legal immigrants) get diluted. The Investment bankers & officers (multi-National Corporations - Senior Execs) get rich. Cory due to unchecked immigration coupled with unfettered outsourcing, the majority of the american people, even many of the upper middle class are being diluted, EXCEPT IN REAL ESTATE. That debate is another issue. It is not about race. If Canadians were coming over the border like the Mexicans, we would still be having this debate.

Cody Willard

Why should it be illegal for those non-criminal people to immigrate to the US at all? "Illegal immigration", indeed. Your concept of protectionism begets our current concept of "illegal immigration" to begin with. Illegal immigration should mean that we're trying to keep criminals out.

Anonymous

Cody,Protectionism is not racism. Its protecting what we have earned. Most of these illegal immigrants are a drain on our local/State Municipalities. They use the services but contribute very little.They also don't want to conform to our society (education), learn our language etc. This is a drain on our education system since the system conforms to them.I also live in a large urban area, so I view it first hand. The argument about them contributing to Social Security is only 15% true.Almost all of the immigrants I am familiar with work under the table or are self employed. This includes Mexican, Eastern Euorpean, etc. Not all are illegal.We never hear about the number of illegal immigrants who contribute 0 to the tax base. It is much larger than we all know.And restaurants that limit W2 hours and pay extra under the table. The jobs that are being outsourced are being replace by low wage retail. There are a lot of people in this country who's wages are stagant. I personally know of upwardly mobile people who are being forced to sell their 1 million dollar + homes because they can no longer afford the taxes and insurance due to income reduction resulting from the effects of out sourcing. And taxes increase to help cover the cost of servicing the immigration population that contributes very little in taxes.Because of their years of success, they are not in bankruptcy. Also throw in the increase in Real Estate values they may retire comfortably, if they recieve their social security. Which is a big question mark. If Foreign countries stop buying US treasuries, this country is in big trouble financially. Another housing point, most people moving to this country are no longer able afford a home. If we don't limit immigration and outsourcing, the US will resemble Mexico. A small island of wealth surrounded by a vast amount of poverty. The Virtuos cycle of growth will be for the very few. The US has been ethnically diverse for decades. So where is the Racism?

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About Me

Cody_1a

  • CODY WILLARD
    THE BIG APPLE, NEW YORK
  • Cody Willard is the general manager of CL Willard Capital. Find him at TheStreet.com, the Financial Times, on TV, or even playing that rock n' roll.

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