If Massachusetts really wants to become more competitive then the State Legislature must pass legislation to stop companies like State Street Corp from sending thousands of Massachusetts Jobs to INDIA. My former employer (I left a week ago), State Street Corporation, a large Mutual fund firm in Boston, received approximately $3 billion in US government TARP bailout money about two years ago, and is now embarked on a program (A Joint Venture "JV" with SYNTEL of TROY, MI) of sending hundreds of jobs (in "small increments" in order to avoid the attention of the media, the press, and politicians) to India where the workers will receive approximately $400 per month to perform work for which American workers in Boston, Quinct MA, and in Kansas City, and Irvine, California, currently receive approximately $3,200 a month on average to perform. This action is all being taken under the direction of State Street's CEO Jay Hooley and his operations man Alan Greene. When my former employer needed help. the federal government bent over backwards and provided a huge amount of operating capital - which ultimately came from each American Worker. Currently in the cities of Pune, Chennai, and Mumbai, India, there are large campuses filled with workers from a company called "Syntel" where hundreds of workers are performing - Fund Accounting, Portfolio of Investments compilations, Custody work, and SEC and IRS Compliance testing. All of these people are now doing work that was once being done by Americans in Kansas City, Irvine California, and Boston, and other parts of Massachusetts. I was told by one of the Syntel workers that in Pune alone over 1,200 workers are now performing jobs which less than two years ago were being performed in Massachusetts, and Kansas City. I was told by a Administrative person who worked in the office of the former Unit Head, that State Street plans by the end of 2012 to move almost all of the Fund Admin operations - which is about 725 people, to Mumbai and Punai where "Syntel" will perform all of these jobs leaving several hundred Massachusetts residents out of work at a crucial time in our economy and our history. If you contact State Street and they tell you they are not going forward with the "JV" They are lying - We Just send a team to INDIA last month to train workers to take US jobs. If the Massachusetts House of Representatives enacted a "Jobs Expatriation Act" which require any corporation - with 100 employees or more - doing business in the US to file paperwork each year with the Mass Dept of Employment indicating just how many employees they (the corporations) have on their payroll. If there were any change in employment figures within such a firm during a given year based on the fact that an organization "expatriated" US jobs to a foreign country, than that entity would have to pay the State government a $200,000 state tax per job expatriated. If such a firm withi