LETTERS - R.I.'s Gateway to Stagnation
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Should it be a surprise that Rhode Island would choose to use a $48 million bond to develop the "Gateway to Peoria," as The Journal so aptly described the Quonset Gateway plan in a Jan.
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More on the disappearing-public-companies phenomenon.
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Letters The postbag, and your miscellaneous musings
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The Story: Silicon Valley businesses have long argued that changes in the immigration laws are needed to ensure a continuing supply of highly skilled workers. The current limit of 65,000 under the standard H1-B visas is not enough, they say. (The quota was filled in less than a month in 2007.)[ Slideshow: 2007's top underreported tech stories ]                                                    But that number obscures an important fact: The real total of visas issued to highly skilled workers is closer to 400,000 annually, according to the federal Citizenship and Immigration Services (CIS) agency. And that, say some critics, may mean that the law is being abused.There are two reasons the number is so large.First, the H1-B visa cap has a built-in exemption that allows an additional 20,000 workers who have graduated from U.S. universities with an advanced degree (master?s or higher) to enter every year.Second ? and the biggest reason ? is the use of L-1 visas, which are granted to executives and workers with specialized skills employed by multinational companies. Because there is no cap on L-1 visas issued each year, the numbers have soared. In the last three years, an average of 315,000 L-1 visas have been issued each year.Unlike the H-1B visas, the L-1 visas are not intended to be a springboard to possible permanent residency and a coveted green card. In essence, the L-1s are intended to allow multinational companies to rotate staff across national borders, so they can transfer foreign managers and specialists within the company to U.S. offices for a limited period of time.But the vast number of workers admitted with L-1 visas has critics suspecting that companies ? Indian outsourcing firms in particular ?are using them as a back door to bring in lower-paid workers to do jobs that could be performed by Americans, rather than for the intended purposes of staff rotation."It's clear that foreign outsourcing firms are abusing the system, and we can't let that continue," Sen. Richard Durbin (D-Ill.) said earlier this year as Congress debated immigration reform. Here?s what upset him: According to immigration records, 14 of 20 companies whose employees were granted the most L-1 visas were offshore outsourcing firms, including Tata Consultancy, Satyam Computer Services, Wipro, and Infosys Technologies.Tata Consultancy obtained 4,887 L-1s in fiscal 2006 ? the most of any company ? and 3,601 in fiscal 2007, second only to Cognizant (4,869), a U.S.-based outsourcer with a major presence in India. "I find it hard to believe that any one company has that many individuals ? legitimately being transferred within a single year," Durbin said in Congress. (Tata declined to comment to InfoWorld, but a spokesman told BusinessWeek, "We're complying with the law and with the regulations. We want to work with Congress to address any issues they may have.")Infosys, Wipro, Satyam, Tata, and Cognizant also appear on the CIS?s top 10 list of companies obtaining H-1B visas for employees in fiscal 2007, along with Microsoft, Cisco, IBM, Motorola, and Intel. Those facts further raise critics? suspicions.Bob Meltzer, who heads the VisaNow firm that helps applicants obtain visas, says there?s a growing belief that the L-1s are being abused today, though he can?t tell if that belief is justified. He does note that the L-1s had been abused in the early 1990s in the manner that critics suspect is happening today.The Bottom Line: Immigration is a tough issue. And it?s even tougher when we don?t have all the facts, as is the case on employers? claims of labor shortages requiring more foreign hires and employees? claims of being replaced by foreign workers by companies looking to save a buck. When you?ve figured out the right balance, let the pols know what you think.Complete list of 2007's underreported stories: 1.? Java is becoming the new Cobol 2.? Sun Microsystems is back in the game 3.? Hackers take aim at Mac OS X 4.? There are some threats you can worry less about 5.? Companies may have found a way around H-1B visa limits 6.? Open source?s new commercial strategy 7.? End-to-end Ethernet finally arrives 8.? Blade servers arrive for the masses 9.? BI is dead; long live BI 10. Balance of power shifts to software buyers
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Business & money: Growth will slow markedly next year and is unlikely to see a recovery until after 2009, the CBI warns
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By Aranee Jaiimsin, Bangkok Post, Thailand  Feb.
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By Srisamorn Phoosuphanusorn, Bangkok Post, Tha
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Business thinks IT is slow and unresponsive. IT knows that the business is totally unappreciative of the fact that while they want to support the business as much as possible, they are effectively doing so wearing handcuffs and chains. Every year for 15 years the gap between the two has widened. Now it is about to fracture forever potentially. But by creating a virtual infrastructure -- creating a connection between the application and data -- we can solve most of today's primary IT problems and re-establish a tighter bond between IT and the business.
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By Julia Glick, The Press-Enterprise, Riverside, Calif.  Jun.
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Innovation has become an all-purpose tonic, the default prescription for every pain associated with the retrenching American economy. Whatever the problem -- slower growth, global competition, fewer well-paying jobs -- innovating, we are told, is the solution.
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Today, Seesmic, the company founded by Loic Lemeur, announced their initial $6 million funding. Several people noticed that my name isn't on the list of investors.  I'll probably end up kicking myself when Seesmic becomes the next Google or YouTube. I remain a fan of the company and Loic and his team and will be rooting for them.  Why did I get cold feet? It has nothing to do with the product or the company, both of which appear to be outstanding. It's the stock market. I had to make the final Seesmic decision as I was getting out of stock, at a significant loss. The only stock I hold now is AAPL, and sadly, it's way under the price I paid for it a few months ago. Like a lot of other investors, right now stocks give me the willies. I will likely get back in, slowly, a little bit every week to average out the price, hoping the market has found a bottom.
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Letter: Analysts observation not exactly earthshaking.
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RFID is out there, but the onslaught has been slowed by practical and economic considerations.
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A year ago, the housing market was cooling, interest rates were on the rise and the conventional wisdom was that 2006 would be the year that the U.S. economy sputtered. One could be forgiven for thinking that the Washington regional economy would slow down after a blistering three years.
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Let me explain why I think mobile email is a long way from being a commodity.
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QUESTION: Good morning. Sir, does it bother you that there's a perception out there that your administration has been one that favors big business and wealthy individuals? And what can you do to overcome that, sir?
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When I suggested in a recent column that a problematic 5 percent of employees account for 75 percent of the IT support burden, I expected a wave of âright on!â letters from IT support staffers. After the column was published, the letters did come â most of them disagreeing with my premise, with one reader suggesting that the real whiner was yours truly. I still think itâs outside the realm of overextended IT departments to provide training on basic computing skills (which I defined as âmanaging and finding files, and basic working knowledge of suites such as MS Officeâ). But my thinking was adjusted a bit by the thoughtful feedback.