The H-1B Hornet’s Nest Cheap Labor, STEM Myths, and the Corporate Racket

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This segment dives straight into the explosive debate over H-1B visas, cutting through political spin and corporate talking points. With new data from the National Academy of Sciences, it dismantles the myth that the U.S. lacks skilled STEM talent—showing that American students outperform their foreign counterparts across the board. What’s really driving the visa surge, the commentary argues, isn’t superior talent from abroad but cheaper, tightly controlled labor through what amounts to modern-day indentured servitude. From Fox News’ sudden populist streak to real-world stories—like an American Amazon hire surrounded entirely by H-1B workers—this breakdown exposes how big business, politicians, and the visa system create a rigged market that sidelines U.S. graduates while pretending it’s all about “innovation.

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Whoo, we got ourselves at H one B visa, hornets,
nest pledge your allegiance. People have taken sides of both
sides of this debate, and its reality is is Trump
has increased the amount of H one BE visas. The
American public are none too happy about these numbers. Were

(00:38):
told by some of our you know, our overlords in
big business that the economy will fall apart unless we
have these visas. Now we've gone over this. It's BS. Actually.
I want to I want to show you how much
BS this actually is. This is study that was done.

(01:01):
It again it was basically dispelling myths in regards to
stem science, technology, engineering, and math, and study was done
by the National Academy of Sciences. It looked at these
skills of computer programmer graduates around the world by using
a standard programming test. Blown number one to the myth

(01:25):
that Americans suck with computers. Study found that seniors high
school and the United States exhibit much higher levels of
computer science skills than seniors in China, India, and Russia
number two. Although seniors in elite programs score much higher
than seniors in non elite programs in China, India, and Russia,

(01:50):
they still score lower than seniors in the United States
number three. US computer science seniors from elite schools greatly
outperform computer science seniors from elite schools in the foreign
countries number four. The substantial advantage of computer science students
in the United States is not driven by the presence

(02:10):
of international students. Foreign computer programmers do not bring higher
skills to America. They simply bring cheap labor. No kidding, No, No,
couldn't be. Not that. I'm gonna explain this again. If
you're not familiar with what indentured servitude is, that's what
an H one B visa is. And again you go

(02:33):
throughout history, many people would have loved indentured servi to
when they talk about slavery in the Bible, that's basically
what it was. It wasn't it was slavery like we
think of its slavery like we're watching django. Okay, Tarantuoni's movie.
You know we're not roots. Okay, it was more or
less indentured servitude. And that's what we get. We get

(02:54):
an H one B visa. You come here, you got
to work for that company. Xyz across the street says, hey,
come work for my company. We'll double your pay. You
can't do that, now, you can't do that anyway. Yeah,
it's a racket. I got to hand it to. Actually,

(03:14):
Will Kine is becoming the seems, becoming the populist over
at Fox News. Will watch you back, watch you back,
Will Cane again. They got rid of Glenn Beck, they
got rid of Chuck Carlson. No get rid of you, man,

(03:34):
they will get rid of you. He put out. Seventy
percent of H one B visa holders come from India,
ten to fifteen percent come from China, eighty percent eighty
percent of H one B approvals are for entry level

(03:56):
and junior level jobs. Again, my eldest son is one
of his best friends from high school, top of his
class computer science, gets job Amazon. He's the only American

(04:18):
as oft. They do like little company. Amazon's Little company retreats,
they go to like top Golf. They think he's tiger Woods.
They're all from India. He's the only American there. They're
all h one B visa watchdog on Wall street dot com.