Sheldon Adelson, Warren Buffett, And Bill Gates Chastise House GOP On Immigration

[babylonsister]

http://www.huffingtonpost.com/2014/07/11/adelson-buffett-gates-immigration_n_5577501.html?ncid=fcbklnkushpmg00000013&ir=Politics

Sheldon Adelson, Warren Buffett, And Bill Gates Chastise House GOP On Immigration
The Huffington Post | By Igor Bobic

Posted: 07/11/2014 9:45 am EDT


Three of the world's richest men are calling on Congress to pass legislation that would overhaul the nation's immigration system and provide some sort of path to citizenship for undocumented immigrants.

Casino magnate and conservative donor Sheldon Adelson joined Berkshire Hathaway CEO Warren Buffett and former Microsoft CEO Bill Gates to criticize House Republicans, in particular, for failing to address current policy, which they said "borders on insanity."

"Whatever the precise provisions of a law, it’s time for the House to draft and pass a bill that reflects both our country’s humanity and its self-interest," they wrote in a New York Times op-ed published Thursday night.

The likelihood of any immigration reform bill moving through the House is currently slim to none given opposition from conservative members and Speaker John Boehner's (R-Ohio) unwillingness to bring it to the floor without the support of a majority of his caucus. Despite those obstacles, the three men, who are worth a combined $184.3 billion according to Bloomberg, urged Republicans to listen to reason.

"A Congress that does nothing about these problems is extending an irrational policy by default; that is, if lawmakers don’t act to change it, it stays the way it is, irrational," they added. "The current stalemate -- in which greater pride is attached to thwarting the opposition than to advancing the nation’s interests -- is depressing to most Americans and virtually all of its business managers. The impasse certainly depresses the three of us.

"Signs of a more productive attitude in Washington -- which passage of a well-designed immigration bill would provide -- might well lift spirits and thereby stimulate the economy. It’s time for 535 of America’s citizens to remember what they owe to the 318 million who employ them."

http://www.nytimes.com/2014/07/11/opinion/sheldon-adelson-warren-buffett-and-bill-gates-on-immigration-reform.html?hp&action=click&pgtype=Homepage&module=c-column-top-span-region&region=c-column-top-span-region&WT.nav=c-column-top-span-region&_r=2

Break The Immigration Impasse

[joeybee12]

1. Buffet I'll listen to - not so with Gates or Adelson...

Adelson wants a steady flow of transient low wage earners for his sh*tty casinos...Gates wants HB1 visas so he can keep down the wages of workers at Microsoft, increase his stock price and become even richer...assholes.

[Wounded Bear]

3. Gates is certainly less of an asshole than Adelson...

he's done some good things. I know some MS employees (in particular, a relative) and they're pretty satisfied with their treatment. Yeah, MS pushes the visa issue, but I have other fish to fry beyond their behaviors. And Gates is not really an active memeber of the MS board IIRC. He 'retired.' He still retains lots of voting stock, of course, so he has influence, but I don't believe he's really the driver any more.

[joeybee12]

6. Judging by the amount of incluence ex-CEO's have at other copmpanies,

and of which I am aware of, I'd bet Gates still can pull a lot of strings.

[friendly_iconoclast]

4. Commonality of purpose with cheap-labor capitalists will bite Dems in the ass

[Wounded Bear]

2. It's rich that Adelson is involved...

pun intended... given his history of undermining government power and action. I guess he sees problems this November, as if the Repubs don't do something soon, it might cost Adelson his friendly 'majority.' And it's not really 535 people, the Senate passed legislation last year. The House refuses to even debate the issue.

[ieoeja]

7. Economic Cons love cheap immigrant labor. It is the one major gap between them and Social Cons. n/t

[joeglow3]

5. Who can guess the impact this would have on all three of their pocketbooks?