TP,
you hit the nail on the head with your post. I wouldn't be surprised if it's the American pilots that are the low ballers. Just look at our scumbag regional pay system that somehow makes it okay to fly a 70 pax jet as an FO for $20/hr. We have guys triping over each other to do to boot. You won't see that crap anywhere else in the world. Heck even our Canadian friends start their RJ guys in the high 30's to low 40's. The threat of being replaced by 3rd World pilots is bogus because those countries are short pilots because no one can afford to get their ratings and those jobs are being outsourced to the rest of the world, heck a lot of Brits, Aussies, and Americans are enjoying employement thanks to that shortage. Global investment won't change that fact at all.
xtwapilot