Join the Community

22,209
Expert opinions
44,308
Total members
429
New members (last 30 days)
218
New opinions (last 30 days)
28,733
Total comments

Darwin's Survival Theory Rehashed

I found an interesting article captioned "Bill Adds Hurdles for Foreign Hires" on Wall Street Journal online edition.

http://online.wsj.com/article/SB123517509078737427.html

Serious lobbying is in progress to restrict hiring of expat experts / workers by banks receiving funding under the TARP program.

To put things into perspective the current crisis emanated because - the credit managers didnt do their job right, the policy makers didnt get their economics metrics in place, interest rate monitors were in deep slumber and dozed off when the fire started in the backyard of banks.

Instead of finding the culprits and solving the problem, now we have moved to a retrograde policy environment where soft targets like expat workers are being targeted.

The Dawin theory of evolution - survival of fittest is being rewritten along with the economic doctorine of demand and supply coupled with stifling of free market liberties.

 

 

 

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Join the Community

22,209
Expert opinions
44,308
Total members
429
New members (last 30 days)
218
New opinions (last 30 days)
28,733
Total comments

Now Hiring