The main problem with his entire argument is that a military pilot would only cross over to a US airline. Come on, anyone with any kind of aviation trade understand would realize that you can make 14-15K per month after Taxes to fly in China, India, etc. They are hurting for senior level pilots who speak english and have experience flying internationally. Some of the airlines in china will send your kids to the Ex Pat schools for free (better education than most US schools IMHO), provide western medical care, fly family back to the US every summer for free, housing allotment.
His whole argument, like most outside of aviation, thinks that the glory of the aviation industry is airlines like SWA, US Air, and Delta. Not to bash them, but they are not the only ones on the block. When Aloha Airlines when out of business, many pilots got immediate interviews for Asian Airlines. He is right in that hiring for US carriers is down, but he is moronic to think that they are the only ones hiring.
Bad research, bad statistics, and poorly drawn argument. Even thought I am a Shoe in Training, I can recognize that the article was crap.