Archive for the 'Fortress Investment Group' Category

John Edwards Billionaire H-1B VC is me

November 13, 2007

John Edwards said to Silicon Valley moguls, give me money now in my campaign and I will get you as many bodies as you want from India and China. Then I want you to make me a billionaire Venture Capitalist (VC) like Al Gore. That’s the deal. Edwards done sold us out bigtime.

== Comment at WaPo

http://blog.washingtonpost.com/thefix/2007/11/thompsons_troubles.html

reply to : mibrooks27 | November 13, 2007 11:49 AM

I agree we should let candidates change their position on H-1B, amnesty, guest worker, anchor baby, family reunification, asylum, etc. (But we get to test their sincerity. One way is are they upfront and explicit about their positions on their own webpages? Edwards hides his position on immigration on his webpage.) Some like Fred Thompson have made movement. Fred has not commented on H-1B, but Rudi and Romney both have explicitly said they are for it.

Re H-1B and John Edwards

“As part of the Silicon Valley Leadership Group’s “Road to the White House” series, former Sen. John Edwards appeared before 200 executives Aug. 1.”

“EDWARDS: Regarding the H-1B visa question: I think it is important for us to have available, for the work that’s being done here in this valley, plus all over the country, the talent and the mental capacity we need. So the H-1B visa program is important; it should be expanded, based on the needs that exist.”

http://jre-whatsnottolike.com/category/immigration/

==Edwards for H-1B in 2002

“An increase in the number of available H-1B visas is a necessary short-term solution. “

http://www.zazona.com/ShameH1B/Library/Politicians/Edwards.htm

Edwards earned investment banking money after he left the Senate between 2002 and now.

==

search John Edwards h-1b

== Immigration Votes John Edwards

http://profiles.numbersusa.com/improfile.php3?DistSend=NC&VIPID=483

Voted for a foreign worker bill with no anti-fraud measures in 2000. Sen.Edwards voted for S.2045, the Abraham foreign worker bill to nearly triple the number of foreign high-tech workers. On the heels of the release of a GAO report finding no proof of a high-tech worker shortage and evidence of abuse in the H-1B program, Sen. Edwards voted for this foreign worker bill that contained no worker protections or anti-fraud measures. The bill passed the Senate 96-1.

== John Edwards, not just an arguido (suspect) on h-1b, he’s culpado (guilty).
==400 Dollar Hair Cut Edwards. How many H-1B’s does it take for Edwards to get 400 dollars from Wall Street?

http://www.businessweek.com/magazine/content/07_34/b4047064.htm?chan=search

==Fortress Investment Group (FIG)

http://en.wikipedia.org/wiki/John_Edwards#Fortress_Investment_Group

Fortress Investment Group

In October 2005, Edwards joined the Wall Street investment firm Fortress Investment Group as a senior adviser, later working with them as a consultant.[28] Unknown to Edwards,[29] Fortress owned a major stake in Green Tree Servicing LLC, which rose to prominence in the 1990s selling subprime loans to mobile-home owners and now services subprime loans originated by others. Subprime loans allow buyers with poor credit histories to be funded, but they charge higher rates because of the risk, and sometimes carry hidden fees and increased charges over time.[29] In August of 2007, the Wall Street Journal reported that a portion of the Edwards’ family’s assets were invested in Fortress Investment Group, that had, in turn, invested a portion of its assets in subprime mortgage lenders, some of which had foreclosed on the homes of Hurricane Katrina victims.[30][31] Upon learning of Fortress’ investments, Edwards divested funds and stated that he would try to help the affected families.[32] Edwards later helped set up an ACORN– administered “Louisiana Home Rescue Fund” seeded with $100,000, much of it from his pocket, to provide loans and grants to the families who were foreclosed on by Fortress-owned lenders.[33]

What about helping the American programmers, engineers, nurses, and many other unlikely categories that have H-1B workers? Why does he say Americans can’t be scientists because of cheap Indian and Chinese labor, and tells young people to prepare for careers in math and science? Or nursing?

FIG? Could that also stand for Failus Immigration Group? Or Free Immigration Group?

== Al Gore made partner at Kleiner Perkins

http://www.huffingtonpost.com/2007/11/12/al-gore-adds-another-titl_n_72201.html

search Al Gore Kleiner Perkins

Kleiner Perkins Caufield & Byers

http://www.kpcb.com/

search Kleiner Perkins h-1b

==

http://tootruthy.blogspot.com/2007/08/is-john-edwards-new-marie-antoinette.html

See comments on above thread.

http://blog.noslaves.com/john-edwards-is-a-hypocrite/

Oh really John? What is YOUR America? One where the best jobs in the country are labor arbitraged through massive increases in guest worker Programs? Look at the hypocracy of this paragraph! He claims that he doesn’t want a two tier society but the first thing he wants is to expand a program to send highly skilled and educated American professionals to the poor house!

The whole article above is very good and has a good comment thread. Sample comment from above link:

spacer Comment by Rodger

+1 votes

+

2007-09-09 11:57:17

 

[snip]

What gets me though is why is the liberal blogosphere so silent not only Hillary’s and Obama corporate connection but Edwards as well, shouldn’t they be warning people about wolfs in sheep clothing rather than being cheerleaders for them? I don’t get it.

http://videomaster-255.blogspot.com/2007/10/john-edwards-seiu-do-you-believe.html

http://blogs.ilw.com/gregsiskind/2007/08/john-edwards-we.html

http://www.scriptsociety.com/WhatsNew/john-edwards-visits-silicon-valley-leaders-group-cbs-5.html

http://www.techcrunch.com/2007/11/09/upcoming-presidential-candidate-john-edwards-on-techcrunch/

==

search Edwards “Breck Girl” h-1b

In fact, even the Breck Girl’s job is not safe with Edwards in control of H-1B. Models are part of the H-1B program.

image search fashion models H-1b John Edwards

The Breck Girl isn’t safe with John Edwards on the prowl for VC and Wall Street money.

http://politicalhumor.about.com/library/images/blpic-edwardsbreckgirl.htm

image search Breck Girl

http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=138b6138f898d010VgnVCM10000048f3d6a1RCRD&vgnextchannel=91919c7755cb9010VgnVCM10000045f3d6a1RCRD

The H-1B visa program also includes fashion models. The current annual cap on the H-1B category is 65,000.

http://atlasshrugs2000.typepad.com/atlas_shrugs/images/edwardschamberlain2.jpg

http://atlasshrugs2000.typepad.com/atlas_shrugs/democrats_new_leadership_slash_and_burn/index.html

Chicago Tribune comments on Edwards:

http://weblogs.chicagotribune.com/news/politics/blog/2006/12/john_edwards_starts_white_hous.html

From those comments, Edwards would fit right in as a VC billionaire selling us out for the big bucks instead of the chump change he has gotten so far for his work on H-1B.

==Zazona on Edwards H-1B August 2007

http://www.zazona.com/NewsArchive/2007-08-06%20John%20Edwards%20promises%20to%20expand%20H-1B.htm

On August 1, 2007 John Edwards officially became a _ho_ when he spoke to the
“Silicon Valley Leadership Group”. Click here to see a list of the companies
that this organization represents:

http://www.svlg.net/about/members.php

Innovation is the new code word that politicians and corporatists are using in
place of saying “H-1B”.

Edwards hypocrisy on taking donations in California while saying he is against taking lobbyist money in DC is documented in detail by Zazona.

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