Sunday, May 03, 2015

A restructuring and H-1B use affect the Magic Kingdom’s IT operations


Fury rises at Disney over use of foreign workers

At the end of October, IT employees at Walt Disney Parks and Resorts were called, one-by-one, into conference rooms to receive notice of their layoffs. Multiple conference rooms had been set aside for this purpose, and in each room an executive read from a script informing the worker that their last day would be Jan. 30, 2015.

Some workers left the rooms crying; others appeared shocked. This went on all day. As each employee received a call to go to a conference room, others in the office looked up sometimes with pained expressions. One IT worker recalls a co-worker mouthing "no" as he walked by on the way to a conference room.

What follows is a story of competing narratives about the restructuring of Disney's global IT operations of its parks and resorts division. But the focus is on the role of H-1B workers. Use of visa workers in a layoff is a public policy issue, particularly for Disney.

Disney CEO Bob Iger is one of eight co-chairs of the Partnership for a New American Economy, a leading group advocating for an increase in the H-1B visa cap. Last Friday, this partnership was a sponsor of an H-1B briefing at the U.S. Capitol for congressional staffers. The briefing was closed to the press.


Wednesday, April 01, 2015

market to correct?

Watching /es 2015 level, 100 ema was being pocked one too many times, setting tight stops for my long index positions

Monday, February 23, 2015

The cleanest dirty shirt…or long $ no more




Is not is quite amusing how long term charts keep making money when you filter out noise, turn off TeeVee and stop having “opinion”?

Took profits on long term short crude oil position

If anyone wants to listen to experts that oil will be going down more because of ….blah blah blah – good luck with that.  I am happy with my Great yellow Line target on downside.



Saturday, February 21, 2015

Gold update

Setting tight stop on my short position ( tight stops on long mentioned on Jan 21st post worked out nicely for 100 points move) and might (OR NOT) switch long again with stops/reversals under recent lows. This time directional move might be quite illusive and position will be very small if any at all. DO I think move down is over? Good grace – of course NOT – gold has way more to go down.






Sunday, January 25, 2015

The question is not “If”, but “When”


As immortal George Carlin said: They are coming after your retirement money

as well as “It is a big club and we aint in it”


Wednesday, January 21, 2015


Setting stop loss order for my long gold position, bounce off TDST might be over for now.



Wednesday, November 26, 2014

Happy ThanksTaking

Under the president’s new amnesty, businesses will have a $3,000-per-employee incentive to hire illegal immigrants over native-born workers because of a quirk of Obamacare.

President Obama’s temporary amnesty, which lasts three years, declares up to 5 million illegal immigrants to be lawfully in the country and eligible for work permits, but it still deems them ineligible for public benefits such as buying insurance on Obamacare’s health exchanges.

Under the Affordable Care Act, that means businesses who hire them won’t have to pay a penalty for not providing them health coverage — making them $3,000 more attractive than a similar native-born worker, whom the business by law would have to cover.

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And … shop whining about having not so perfect El Presidente – that is the best America you could produce.

Sunday, November 02, 2014

Marine Sgt. Andrew Tahmooressi freed from Mexican jail


After 214 days in a Mexican prison, Sgt. Andrew Tahmooressi returned home to Florida Saturday, having been freed Friday night after a strong diplomatic push appeared to help convince a judge to release the former Marine on humanitarian grounds.

After reviewing the ruling, Tahmooressi family spokesman Jonathan Franks said the judge acted on a recommendation from the PGR, the Mexican Attorney General's Office. In that motion, the prosecutor "essentially withdrew the charges," Franks said. Moments later, the trial judge issued an acquittal in Andrew's case, calling for an "immediate and absolute release."


Now, when will WE start enforcing OUR LAWS and secure borders and place border jumpers in jails or deport them into the hands of Mexican law enforcers (if there are such) instead of “assimilating them into foodstamps” at taxpayers expense?

Saturday, November 01, 2014

Canada suspends visas for residents of west African Ebola outbreak countries

Canada suspends visas for residents of west African Ebola outbreak countries

The Guardian‎ - 1 day ago

Canada, which has not reported any cases of Ebola so far, will not process visa applications from those who have been to ... who have been in an Ebola-affected country within the previous three months.


Cannot help, but wonder – why I don’t see mention of that in American mass media?