In a conference on US COMPETITIVENESS organized by the Chamber of Commerce back in March, broadcast live on C-SPAN... attended by an impressive array of "captains of industry" (Jack Immelt, GE, ex-SEC and FED chairmen...) ALAN GREENSPAN inadvertently told the truth...

“[u]Income distribution is capitalism’s most vulnerable point; the system must have the trust of the people…unless the people who participate believe it is just… We can solve the problem with opening immigration to skilled workers. Our skilled wages are higher than anywhere in the world, i.e. bring in enough skilled workers so that the supply of our domestically produced skilled workers would be supplemented with a major influx of foreign skilled workers that would essentially lessen the cost of US skilled wage levels and end the concentration of income…â€