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February 11, 2009

Op-Ed Columnist The Open-Door Bailout

In the New York Times there is an editorial by by Thomas Friedman at http://www.nytimes.com/2009/02/11/opinion/11friedman.html?th&emc=th

Wherein he describes how;

"By Leave it to a brainy Indian to come up with the cheapest and surest way to stimulate our economy: immigration.

“All you need to do is grant visas to two million Indians, Chinese and Koreans,” said Shekhar Gupta, editor of The Indian Express newspaper. “We will buy up all the subprime homes. We will work 18 hours a day to pay for them. We will immediately improve your savings rate — no Indian bank today has more than 2 percent nonperforming loans because not paying your mortgage is considered shameful here. And we will start new companies to create our own jobs and jobs for more Americans...."”

Posted by VisaLawyer at February 11, 2009 08:25 AM


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