Does America Close the Doors?
H1B-Gate Hi Reader, Here’s what our editors are looking at today… | | | Jim Rickards: The Work Visa Debate: Not All Immigration Is Bad, But Focus On Americans First After Donald Trump's overwhelming election victory in November, the nation is adjusting to the reality that the mass immigration policies of the political left are about to be reversed. Not just ended, but turned back. This means mass deportations of millions of illegals and far more scrutiny on existing temporary visa programs. The logistics of such an unprecedented effort require intensive planning and a lot of debate. There is a contingent of MAGA that wants a total shutdown of migrant activity and a moratorium on work visas. For how long? No one seems to know, exactly, but it's a scorched earth response to the Biden Administration's excessive abuses of H-1B programs (and similar labor programs) to sneak millions of third-world migrants into the country and label them "legal". The threat of a complete shut down of all immigration, including skilled workers, has the tech industry concerned. But the US can do both: Cut immigration down to only the best and brightest, or down to labor pools with proven shortages, while also encouraging native-born American interest in such fields and creating a domestic pool of skilled assets. ⇒ Read More Here | |
Byron King: Trump Trolls Obama America’s majestic peaks have long stood as monuments to our nation’s history, their names echoing the stories of those who shaped our republic. For generations, the tallest mountain in North America honored William McKinley, the 25th President of the United States – until a unilateral decision changed that nearly a decade ago. In an era when historical names and monuments face increasing scrutiny, the battle over America’s highest peak continues to symbolize a deeper struggle over our nation’s heritage and values. Now, President-elect Donald Trump has announced a decisive action to restore the mountain’s historic designation, promising to reverse what many conservatives view as an overreach by the Obama administration. ⇒ Read More Here | |
Sean Ring: Carvana: A Father-Son Accounting Grift For The Ages Carvana is a $44 billion online car dealer founded in 2012. Its main business is an online platform that allows retail customers to buy and sell used cars. Despite facing bankruptcy risks in 2022 and 2023, Carvana’s stock spiked 284% in 2024, with investors believing the company’s worst days are behind it. However, our research, including extensive document review and 49 interviews with industry experts, former Carvana employees, competitors and related parties of the company, undertaken over the course of 4 months, shows Carvana’s turnaround is a mirage. ⇒ Read More Here We’ll be back on Monday with more of our top articles. Email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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Keep a civil tongue.