alan greenspan

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Alan Greenspan promotes massive skilled immigration, opposes immigration enforcement - 12/17/09

There was massive immigration Kabuki theater today as former Federal Reserve chairman Alan Greenspan testified before the Senate's Homeland Security Committee (transcript via thinkprogress.org/2009/12/17/greenspan-immigration-economy; video at peekURL.com/vljut3c) LIEBERMAN: Forget all the politics of this โ€” if we had a significant increase in America of legal immigration that would be one way to grow the economic pie? GREENSPAN: It would be... We have a very large number of immigrants who are high school or less educated, a significant part of whom are illegal. And then we have a remarkably...

Alan Greenspan promotes profiting from illegal activity, increased skilled immigration to lower professionals' wages - 04/30/09

Speaking at a heavily-biased Senate hearing today, former Federal Reserve chairman Alan Greenspan made some rather interesting statements (link). He wants to increase immigration by high-skilled foreign workers in order to raise housing prices. And, if you're one of those American high-skilled workers, Greenspan has a plan for those he referred to as the "privileged elite": "Greatly expanding quotas for highly skilled workers would lower wage premiums of skilled over lesser skilled... [skill shortages exist because] we are shielding our skilled labor force from world competition." The horror...

4/30/09: Chuck Schumer holding immigration "reform" hearing (Alan Greenspan, Joel Hunter, Doris Meissner) - 04/28/09

On April 30, Chuck Schumer and the Senate Judiciary Committee/Subcommittee on Immigration, Border Security and Citizenship will be holding a hearing called "Comprehensive Immigration Reform in 2009, Can We Do It and How?" (judiciary.senate.gov/hearings/hearing.cfm?id=3793) It would be a tough debate about the issue if not for the fact that all five witnesses are on the same basic side: * Alan Greenspan