Sure, I've been directly (adversely) impacted by the H1B program multiple times and I'd be perfectly fine if the program was auction based with a minimum floor

Sure, I've been directly (adversely) impacted by the H1B program multiple times and I'd be perfectly fine if the program was auction based with a minimum floor on worker salaries at something like 1.1x the prevailing wage. If you really need H1B workers you should be willing to pay significantly more than it would cost to hire and train a domestic worker. If that's the case then great, H1B mission accomplished. Otherwise, the program is garbage and completely abused to depress wages for American workers.