12/11/2022 0 Comments Youtube mo money mo problems![]() Starwood Property Trust is managed by Starwood Capital Group, both of which were created by Barry Sternlicht, who also founded and led Starwood Hotels & Resorts from 1995 until early 2005. Related Companies used EB-5 money to fund a $25 billion ritzy development project on Manhattan's West Side.ĮB-5 investors partially bankrolled Starwood's W Hotel in Hollywood and the SLS Hotel & Casino in Las Vegas. Of the nine real estate groups listed on the White House's, at least four have a background of funding development projects with EB-5 cash: Vornado Realty Trust, Related Companies, Starwood Capital Group, and Witkoff Group. As it turns out, a few of the companies we are supposed to trust to “reopen” America are abusers of the EB-5. Among the worst is the EB-5 visa program, which also happens to primarily benefit China. The immigration proclamation recently issued by the White House is poked full of exemptions. The Coronavirus Pandemic is a Many-Headed Hydra-And Immigration is One of Them The article is available here, without the paywall. There’s risk in either approach, because employers who treat workers differently based on their immigration status expose themselves to potential discrimination lawsuits, according to immigration and employment lawyer Rebecca Bernhard, partner at Dorsey & Whitney LLP. Others are choosing to keep H-1B workers on staff to maintain their legal status, while firing U.S. Some are choosing to furlough U.S.-born workers and fire foreign employees whose visas require them to be paid. The companies facing the hardest decisions, though, are those reducing staff in response to the pandemic. Companies that use the H-1B visa are choosing to fire Americans and keep foreign transplants, emphasis mine: Fire AmericanĪ story related to Krikorian’s appeared in Bloomberg. But this is not an isolated event: hundreds of companies have done this, and it’s entirely legal.ĭan Stein of the Federation for American Immigration Reform has a good piece on this issue as well. The most notorious instance of this was at Disney, which fired its American IT staff and forced them to train their (not-especially-competent) H-1B replacements as a condition of receiving severance payments. This is because, while they are technically permitted to change employers, they almost never do because they want to be sponsored for a green card by that employer and, if they changed jobs, they’d have to start over on the years-long green card process.ĭespite tendentious claims by tech lobbyists, the H-1B program is intentionally used to replace employed Americans. Second, they are “loyal”-which is to say they are effectively indentured to their employers. There are two reasons employers find the program attractive: first, H-1Bs are cheap. Because the visa can be indefinitely renewed, there are well over half a million H-1Bs here at any given time and at this point probably closer to a million, though the government won’t say how many. Due to the Orwellian nature of our immigration system, these workers are neither especially skilled, nor really temporary.Įach year the program admits 85,000 people, mostly from India, to do routine computer work in addition, universities can import an unlimited number. The H-1B visa is supposed to be for the temporary admission of skilled workers. Mark Krikorian of the Center for Immigration Studies takes on the broken H-1B visa program in American Greatness. YouTube’s CEO announced that the platform would remove “anything that would go against World Health Organization (WHO) recommendations.” YouTube has also put itself in the position of defining “correct” speech-but this time, by aligning itself with the World Health Organization. ![]() The irony is that less than a year ago, Mark Zuckerberg gave a speech at Georgetown University where he extolled tech’s many virtues, including how tech platforms “have decentralized power by putting it directly into people’s hands.” Yet Facebook’s most recent actions confirm that power of communication for the 70 percent of American adults who use Facebook, rather than being made disparate, is still very much centralized in the tech platform. Rachel Bovard of the Conservative Partnership Institute reacts to news that YouTube has become a censorship organ of the World Health Organization-which looks more and more like the PR arm of the Chinese government.
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