Obama’s screwing of American workers and his and Hillary’s links to India

Wayne Madsen
Online Journal
Friday, January 15th, 2010

There is a reason why the corporate media focused on White House state dinner crashers Tareq and Michaele Salahi at last year’s gala honoring Indian Prime Minister Monmohan Singh. The media, which acts in lockstep with major corporate owners like Microsoft and General Electric in pushing for the import of low-wage Indian information technology and other high-technology workers into the United States on H1-B visas, did not want anyone focused on the deal worked out between President Obama and Singh.

Obama was cementing a deal on further Indian workers coming to the United States, a “deal” Obama announced during the height of the primary battle in early 2008 as he was raking in campaign contributions from wealthy Indians — citizens and non-citizens alike.

Obama stated, “I will support a temporary increase in the H-1B visa program as a stopgap measure until we can reform our immigration system comprehensively. I support comprehensive immigration reform that includes improvement in our visa programs, including our legal permanent resident visa programs and temporary programs, including the H-1B program, to attract some of the world’s most talented people to America. We should allow immigrants who earn their degrees in the U.S. to stay, work, and become Americans over time. As part of our comprehensive reform, we should examine our ability to replace a stopgap increase in the number of H1B visas with an increase in the number of permanent visas we issue to foreign skilled workers.”

However, Obama never intended to reform the H-1B system that robs educated and talented Americans of their jobs in the American economy and wage earning potential.

TuneUp Utilities 2010

WMR has learned from a reliable Indian source that a majority of the Indian workers arriving in the United States graduated from 40,000 engineering colleges that opened in India between 1990 and 2000. Many of these Indian engineering colleges were never properly licensed or received their dubious accreditation courtesy of Indian politicians anxious to export Indian workers to the United States and, in return, see wage remittances pour into their constituencies from America, thus boosting India’s foreign reserve strength. Many of the engineering colleges that grant degrees to Indian engineers lack sufficient infrastructures and employ faculty with questionable credentials, according to WMR’s source.

In Chennai, for example, almost every street has an engineering college. There is also a direct pipeline between the dubious engineering schools’ job placement offices and the U.S. Embassy visa office in New Delhi.

The exodus of Indian graduates to the United States also involves an Indian Research and Analysis Wing (RAW) program to glean sensitive and classified technology from U.S. companies that employ the engineers and technicians. The mass migration of Indian labor has been linked directly to U.S. Secretary of State Hillary Clinton and other top officials in the Democratic Party. Mrs. Clinton and her husband, former President Bill Clinton, have substantial financial interests in India.

Part of the funding for Bill Clinton’s 1992 presidential campaign, WMR has learned, came from money scammed by Indian stockbroker Harshad Mehta who gamed the Bombay Stock Exchange into seeing a sharp rise in stock. Mehta raked off the profits from his “Ponzi scheme” but when banks called in their investments, the Bombay Stock Exchange collapsed. The Clintons continue to maintain a close financial arrangement with the multi-billionaire Tata family of India through the clan’s sizable donations to the Clinton Foundation.

In 2008, the Indian stock market saw a 50 percent decrease in value. WMR has learned that the earlier “bubble” in the market saw large amounts of money from Indian financial interests pour into the presidential campaign coffers of Barack Obama.

The program to introduce low-paid Indian engineers into the United States began in 1960 with a test population of graduates from the Indian Institutes of Technology (IIT). After the first engineers were placed in U.S. high-technology positions, the RAW and the Indian government built up the program. The Indians had noticed that Israel’s Mossad had successfully penetrated a number of American research and development centers using Jewish engineering graduates from Israel who were obtaining the technical know-how for Israel to build its nuclear arsenal.

View the original article at Online Journal

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