Brain drain as a national security policy

What's bad for New York is good for the rest of the country:

President Obama's Wall Street salary cap may be well intentioned and it certainly taps into public sentiment, but it's a killer for New York.

"Without the talent of Wall Street to bring us back into a position of leadership in the global economy, we're going to be in bad shape as a world economic power," said Kathryn Wilde of the Partnership for New York.

Wylde says the Obama salary cap will lead to a critical brain drain - China and the United Arab Emirates have already come to poach Wall Street talent. She also says lower salaries in the financial industry will mean dramatically lower tax revenues for the city and state.

By all means, China and UAE, take them! In fact, let's hope that Iran, Sudan, Yemen, Saudi Arabia and Syria all get in on the act! With these "talents" managing China's banking system and Muslim petrodollars instead of running our economy into the ground we can just take for granted another 100 years of American dominance of the international system.

The people who are good at investing, and the people who did a lot of the software development for these companies that enabled them to run simulations, manage their infrastructure, etc. will be more than capable of finding new jobs in America or at least the Americas worst case scenario (why move to China or the Middle East when you can move to the Caymans?)