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Comment Cringely is an idiot who cannot do math (Score 1) 795

Disclosure: Ex-H1B here.
People coming on H1B are in great majority just starting their prime productive years. Each of them represents about $500K in brain and muscles which US people are getting at slightly negative price. Each of them represents about $2M to $5M future lifetime earnings. A lot of them will also bring their inheritance later in life which may be 100s of $K. That's the reason why other countries are crying out loud about "brain drain".
I'm sure, some dumbfsck that thought that his US birth certificate entitles him to $70K/y for life will find what he's worth when hes job is taking by H1B. However, US people at large should be kissing H1B's assess - literally.

Comment Re:New York New York (Score 1) 180

Technically you both are incorrect since there are no exchanges in NYC left. All US stock exchanges have primary locations in New Jersey (NYSE, Arca, NYSE MKT(ex AMEX) in Mahwah, BATS in Wheehawken, DirectEdge in Secaucus, Nasdaq in Carteret.) There are few not worth mentioning in Chicago. Option exchanges also all moved to New Jersey, last being CBOE this month. The only big player outside of NJ is CME in Aurora, IL.
As a side note, NYC and NY state sucks for exchange business because of state tax laws, expensive real estate leases, unionised workforce, and also by virtue of being fsking prime target for assorted nutjobs.

Morale: do not come with your guns blazing if you do not know the facts.

Comment Blogvertizing (Score 2) 500

The submission is actually about ad harvesting by a blogger linking to NYT article written by someone who know nothing about subject matter for the sole purpose to gather eyeballs in first place.
How this amounts to "news" or anything remotely worth putting on /. is completely beyound me.

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