"Today King World News wanted to pass along a little information from two of the great ones, Pierre Lassonde and Richard Russell. Lassonde gets KWN readers up to speed regarding his thoughts on what is currently happening, but first, the Godfather of newsletter writers, Richard Russell, had this to say: “I watched 60 Minutes last night, and the first segment was about people who haven't been able to find a job in over a year (in some cases three years). The situation is distressing and actually very scary.”
“About 34,000 people enter this situation every month -- they are willing to do almost any kind of work, but there are no jobs. The fact is that foreign workers are taking their jobs, they are highly educated, and willing to work for a fraction of workers in the US."