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centaur
02-05 04:43 PM
On a personal level, it might be helpful to you, however there are others here who want to --start their own company, change employers, go back to school and over and above all be able breathe without feeling suffocated by the system, and reap benefits of the multiple contributions they have made, for, so many years, to the american society.
Hello everyone,
I was just thinking about this the past couple of months and maybe we dont even need to ask for Green cards. MAYBE our approach should be "Let the H4s work". Once husband and wife can both work, the green card can take its time. Right now the Biggest problem with most people is that "my spouse cannot work!". Maybe if we lobby for h4s to be eligible to work that may solve the problem.
Now before this suggestion creates a HUGE "Dhoom", this is JUST a suggestion. The current political climate does not look like it is going to be easy in any way to put any provisions for Green card increases. Besides if the logic is "Let temporary workers be temporary", this approach fits in with that logic, coz we are not asking for GCs (permanent residency), just more temporary EADs.
Hello everyone,
I was just thinking about this the past couple of months and maybe we dont even need to ask for Green cards. MAYBE our approach should be "Let the H4s work". Once husband and wife can both work, the green card can take its time. Right now the Biggest problem with most people is that "my spouse cannot work!". Maybe if we lobby for h4s to be eligible to work that may solve the problem.
Now before this suggestion creates a HUGE "Dhoom", this is JUST a suggestion. The current political climate does not look like it is going to be easy in any way to put any provisions for Green card increases. Besides if the logic is "Let temporary workers be temporary", this approach fits in with that logic, coz we are not asking for GCs (permanent residency), just more temporary EADs.
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kshitijnt
07-17 10:23 PM
I think it is a good think to respond to the people who offended you, but it is naive to think something will be done just by CNN getting a letter with thousands of signatures.
If you feel you are offended or prejudiced, why not pursue a lawsuit for defamation/moral damages? I think this is perfectly fit for a judge to decide. Only this way the small can affect the big.
Or, why not try to appear on the show and talk against the lies Tancredo said? I bet Lou Dobbs would love that, as it would increase audience.
A petition like this, directly to CNN, is, in my point of view, a waste of time and effort. It's not going to be read and will be thrown into the trash can as soon as it is opened there.
Its not a waste of time. If you complain 1000 times it will get noticed atleast once.
If you feel you are offended or prejudiced, why not pursue a lawsuit for defamation/moral damages? I think this is perfectly fit for a judge to decide. Only this way the small can affect the big.
Or, why not try to appear on the show and talk against the lies Tancredo said? I bet Lou Dobbs would love that, as it would increase audience.
A petition like this, directly to CNN, is, in my point of view, a waste of time and effort. It's not going to be read and will be thrown into the trash can as soon as it is opened there.
Its not a waste of time. If you complain 1000 times it will get noticed atleast once.
garybanz
02-11 01:49 PM
Every one keeps talking of "H1 Transfer" there is no such thing... every time someone files a H1 Petition on your behalf it is a new H1 Petition the only thing that changes is the length of the approval period. The period already used in previous H1b employments is deducted.
Now as far as the I94 and AP, as someone said earlier, when you use AP, you are parolled into the US. Similarly when you apply for H1 you get a new I94 along with the approval notice. This resets your status to H1b with I94 validity set to the length of approval period
In that case would it not be better to come in on AP and save some of the 6 years of H1 validity?
Now as far as the I94 and AP, as someone said earlier, when you use AP, you are parolled into the US. Similarly when you apply for H1 you get a new I94 along with the approval notice. This resets your status to H1b with I94 validity set to the length of approval period
In that case would it not be better to come in on AP and save some of the 6 years of H1 validity?
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ndialani
11-18 03:50 PM
Hi ndialani,
Did you contact ombudsman after this? Is there any progress in your case?
I got similar reply from ombudsman but still there is no progress in my case.
Thanks.
No , i haven't contacted Ombudsman office after that.
Check my earlier post. , I was able to talk to IO at TSC, and he had my file assigned to him the same day. There was a problem , in there system , anf my I-140 was showing
EB-3 instead of EB2. I got that cleared. that was 10 days back. Now , i m just waiting....
Did you contact ombudsman after this? Is there any progress in your case?
I got similar reply from ombudsman but still there is no progress in my case.
Thanks.
No , i haven't contacted Ombudsman office after that.
Check my earlier post. , I was able to talk to IO at TSC, and he had my file assigned to him the same day. There was a problem , in there system , anf my I-140 was showing
EB-3 instead of EB2. I got that cleared. that was 10 days back. Now , i m just waiting....
more...
GCSOON-Ihope
12-12 02:18 PM
Again, thank you all!
As a matter of fact, I am going back to France for 2 weeks next Sunday.
That's my first time there in 8 years...
I haven't told anybody yet about what happened recently.
They don't even know the whole story. Yes, all those years I had to lie, especially to my parents:I didn't want them to worry about me.
I was always saying: "I am fine, just fine.."
I am waiting for my friends and family to ask me the usual question:
"So, how come you don't have your GC yet? What are you doing?"
Then, I will have something to show them!
As a matter of fact, I am going back to France for 2 weeks next Sunday.
That's my first time there in 8 years...
I haven't told anybody yet about what happened recently.
They don't even know the whole story. Yes, all those years I had to lie, especially to my parents:I didn't want them to worry about me.
I was always saying: "I am fine, just fine.."
I am waiting for my friends and family to ask me the usual question:
"So, how come you don't have your GC yet? What are you doing?"
Then, I will have something to show them!
eb3_nepa
02-05 04:07 PM
I don't think the only reason is "wife's cannot work".. The other reason for most is changing employers, and career growth while I-485 is in process.
You can keep changing employers once your I-140 is approved. You need to restart ur GC process but you can keep ur PD (if not revoked) and get a 3 year extension immediately based on the Approved I-140.
Sure it's not the best case scenario, but atleast you CAN do it. But for most married folk their spouses on H4 CANNOT work without EADs or waiting a year till the H1 quota opens. Even with the quota opening unless your spouse is into business or IT it is VERY tough to get an H1 for the spouse.
You can keep changing employers once your I-140 is approved. You need to restart ur GC process but you can keep ur PD (if not revoked) and get a 3 year extension immediately based on the Approved I-140.
Sure it's not the best case scenario, but atleast you CAN do it. But for most married folk their spouses on H4 CANNOT work without EADs or waiting a year till the H1 quota opens. Even with the quota opening unless your spouse is into business or IT it is VERY tough to get an H1 for the spouse.
more...
mrjonie
05-04 09:47 PM
mine belongs to NSC..I read in another thread that the FP will expire every 15 months and that may be the reason why most of the July filers are getting FP notice again...
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$eeGrEeN
07-17 12:18 PM
what other option do you have !!!!
more...
dr_vroeg
06-16 09:58 AM
mette...just read your post...your mean :p
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nixstor
05-23 02:10 PM
I don't think I agree completely. I called all of the lawmakers for the CHC campaign, and while you are right, I spoke to the assistants, they were all polite and promised to pass on the message, which is what matters in the end.
Lawmakers know that we do not have voting privileges yet, but they also know that we are contributing to this economy far greater than many. I do not remember the source or the thread, but this question was asked before about an online petition, but ironically, that is shown to be not as effective as phone calls.
If you ask me to sign a piece of paper, I might do it even if I am only vaguely supportive of the idea. But I will certainly not take the trouble to call (or better yet) go to the senator/congressman's office and present my case in person unless I really beleive in it.
regarding your "saar.. support the bill..." comment, I would not go there if I were you. Thats a whole different can of worms and borders on an insult to a) people who are not from that part of India (or for that matter the world) and b) more importantly, for people from that part of the world who are in this country since a long time and have taken the pains to lose the accent.
Finally, even if one speaks in an accent, is that the sole reason for a lawmaker to disregard him? Then should a Tennessee senator not listen to someone from New York because the New yorker speaks English in a New York accent?
Please remember IV may be largely Indian, but it is a meeting place for legal immigrants from all over the world. The same way as India may be "largely Hindu" but it is still a secular country and we have had many great citizens and leaders that were not Hindu, the current president notwithstanding.
Very well answered and the sarcastic language the OP used just shows elitism and out of touch with the situation at hand.
Lawmakers know that we do not have voting privileges yet, but they also know that we are contributing to this economy far greater than many. I do not remember the source or the thread, but this question was asked before about an online petition, but ironically, that is shown to be not as effective as phone calls.
If you ask me to sign a piece of paper, I might do it even if I am only vaguely supportive of the idea. But I will certainly not take the trouble to call (or better yet) go to the senator/congressman's office and present my case in person unless I really beleive in it.
regarding your "saar.. support the bill..." comment, I would not go there if I were you. Thats a whole different can of worms and borders on an insult to a) people who are not from that part of India (or for that matter the world) and b) more importantly, for people from that part of the world who are in this country since a long time and have taken the pains to lose the accent.
Finally, even if one speaks in an accent, is that the sole reason for a lawmaker to disregard him? Then should a Tennessee senator not listen to someone from New York because the New yorker speaks English in a New York accent?
Please remember IV may be largely Indian, but it is a meeting place for legal immigrants from all over the world. The same way as India may be "largely Hindu" but it is still a secular country and we have had many great citizens and leaders that were not Hindu, the current president notwithstanding.
Very well answered and the sarcastic language the OP used just shows elitism and out of touch with the situation at hand.
more...
sanju
10-12 12:40 AM
I don't know much about buying house/property in India. Maybe you want to have a close family member keep an eye on your property otherwise a land graber/local gunda in the area may take possession of your property while you are here/away.
But I find some of the discussion in this thread extremely intriguing. There were specific conditions in 1930s, 1960s, 1990s that caused recovery in those times. Leadership & American generation were ready to sacrifice and do hard work. Contrary to the hard work done during those times, large percentage of the current population is indifferent and does not care to know about the current crisis, not knowing the gravity of the situation. Majority of the population was, still is, opposed to $700 billion bailout/rescue not knowing what is going on. The ups and downs in the stock market is just the beginning. Coming year is going to be very tough, specially on folks are in the situation that require them to visit this forum every now and then.
Every great and prosperous nation is just one generation away from losing its greatness. History teaches us that Great nations lost their greatness/cease to exist because the larger populations ignored the times of crisis. Most people say that America has always come out of crisis in the past and just like those times, America will again come out of the current crisis. That's what everybody expect and wants to see happen, as if there will be a miracle and everything will get fixed. Everybody including media/leadership are taking things for granted, as if things will turn around by itself just because things have turned around in the past. But this apathy is very dangerous. Here is why - we can say with fair bit of certainty that Romans must have also said during their time of crisis that things will be fine, they have always gotten fine because we are the Romans, the empire of Gods, or whatever. Likewise, this time around, media/leaders are guided by similar rhetoric. I find this behavior very dangerous. In 1930s/60s/90s there was able leadership and American generations during those times were ready to do their share. It doesn't appear such this time, atleast not right now. Maybe we have sometime to come out of the crisis and things will change in the near future. But without change in the direction, things don't look very good right now.
Rome was not built in one day and it did not perish in one day. If leadership and population continue to ignore the gravity of the crisis, there is only one possible outcome.
The positive aspect this time around is, due to globalization, other nations have stake in American economy and are willing to come to the rescue. Even nations like China and Russia are willing to step-up. This would have been unthinkable in an un-globalized world. But other nations can only do so much. Ultimately, the larger population in America will have to step up, and that includes us, there is no other way. Now G-7 is working together to come up with a comprehensive plan. A lot of people beat down on globalization, but till now it is working as was designed, which is good, and other friendlier/unfriendlier nations are willing to step-up.
Another foreseeable opportunity to fight the current situation is, world energy crisis. America can use the world energy crisis to turn things around, not necessarily subscribing to ideas from businessmen like T Bone Pickens/natural gas to promote their business and blah bhah blah, but something else, which makes America - a leader to solve the energy requirements of over 6 billion people, when estimated 20% of the world population consumes 95% of the world energy.
I don't know if you should buy property in India or if you should buy gold. But in the grand scheme of things, if I were you, I would hang on to the "cash" very close to my chest. Things are really bad, a lot more than what meets the eye or what is apparent.
.
But I find some of the discussion in this thread extremely intriguing. There were specific conditions in 1930s, 1960s, 1990s that caused recovery in those times. Leadership & American generation were ready to sacrifice and do hard work. Contrary to the hard work done during those times, large percentage of the current population is indifferent and does not care to know about the current crisis, not knowing the gravity of the situation. Majority of the population was, still is, opposed to $700 billion bailout/rescue not knowing what is going on. The ups and downs in the stock market is just the beginning. Coming year is going to be very tough, specially on folks are in the situation that require them to visit this forum every now and then.
Every great and prosperous nation is just one generation away from losing its greatness. History teaches us that Great nations lost their greatness/cease to exist because the larger populations ignored the times of crisis. Most people say that America has always come out of crisis in the past and just like those times, America will again come out of the current crisis. That's what everybody expect and wants to see happen, as if there will be a miracle and everything will get fixed. Everybody including media/leadership are taking things for granted, as if things will turn around by itself just because things have turned around in the past. But this apathy is very dangerous. Here is why - we can say with fair bit of certainty that Romans must have also said during their time of crisis that things will be fine, they have always gotten fine because we are the Romans, the empire of Gods, or whatever. Likewise, this time around, media/leaders are guided by similar rhetoric. I find this behavior very dangerous. In 1930s/60s/90s there was able leadership and American generations during those times were ready to do their share. It doesn't appear such this time, atleast not right now. Maybe we have sometime to come out of the crisis and things will change in the near future. But without change in the direction, things don't look very good right now.
Rome was not built in one day and it did not perish in one day. If leadership and population continue to ignore the gravity of the crisis, there is only one possible outcome.
The positive aspect this time around is, due to globalization, other nations have stake in American economy and are willing to come to the rescue. Even nations like China and Russia are willing to step-up. This would have been unthinkable in an un-globalized world. But other nations can only do so much. Ultimately, the larger population in America will have to step up, and that includes us, there is no other way. Now G-7 is working together to come up with a comprehensive plan. A lot of people beat down on globalization, but till now it is working as was designed, which is good, and other friendlier/unfriendlier nations are willing to step-up.
Another foreseeable opportunity to fight the current situation is, world energy crisis. America can use the world energy crisis to turn things around, not necessarily subscribing to ideas from businessmen like T Bone Pickens/natural gas to promote their business and blah bhah blah, but something else, which makes America - a leader to solve the energy requirements of over 6 billion people, when estimated 20% of the world population consumes 95% of the world energy.
I don't know if you should buy property in India or if you should buy gold. But in the grand scheme of things, if I were you, I would hang on to the "cash" very close to my chest. Things are really bad, a lot more than what meets the eye or what is apparent.
.
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RaviG
02-01 05:06 PM
Aren't these pretty complex questions for them.
Why can't we ask a simple question like this?
1. Given the green card woes lot of US eductated scientists and technical talent are leaving US for their home country. This is helping the home country and increasing outsourcing market. What are you going to do about it? Are you going to do any thing to keep them here?
Should I ask this question? Any inputs.
Why can't we ask a simple question like this?
1. Given the green card woes lot of US eductated scientists and technical talent are leaving US for their home country. This is helping the home country and increasing outsourcing market. What are you going to do about it? Are you going to do any thing to keep them here?
Should I ask this question? Any inputs.
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chanduv23
04-28 01:30 PM
UN,
Have there been any updates on this case that you are at liberty to share?
Thanks in advance.
Yes, I am also interested to find out what is happening.
Have there been any updates on this case that you are at liberty to share?
Thanks in advance.
Yes, I am also interested to find out what is happening.
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Raju
07-19 11:09 AM
Stop Talking and Act guys. Here are the details of contribution I made today. I have contributed multiple times in the past and will do so in future. I feel ashamed and guilty that my contributions are peanuts compared to Aman's. I hope many more IVers will contibute.
Seller Information: Immigration Voice
donations@immigrationvoice.org
This Payment will appear on your credit card statement as "IMMIGRATION"
Transaction ID: 1***99C5130063R Placed on Jul. 19, 2007
Payment For Quantity Price
Contributions
Item #Contributions 1 $100.00 USD
Subtotal: $100.00 USD
Sales Tax: $0.00 USD
Total Amount: $100.00 USD
Seller Information: Immigration Voice
donations@immigrationvoice.org
This Payment will appear on your credit card statement as "IMMIGRATION"
Transaction ID: 1***99C5130063R Placed on Jul. 19, 2007
Payment For Quantity Price
Contributions
Item #Contributions 1 $100.00 USD
Subtotal: $100.00 USD
Sales Tax: $0.00 USD
Total Amount: $100.00 USD
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admesystems
01-09 12:53 AM
I am married to a US citizen and I got my I-485 interview on 1/4/08 and IO said we have no problem about the interview. He said if I had my NC cleared I would get the GC in 2 weeks.
I submitted I-485 on 5/11/07 so I assume that my name was forwarded to FBI sometime around May/07, 8 months ago. I made a mistake on my affidavit and I had to resubmit it on Aug/07 (I-485 was fine)
I have a few questions;
1- Since I resubmitted some papers on Aug (not I-485), would my name be forwarded to FBI on Aug or on May 11 (Priority date of I-485 is 5/11/07)?
2- Most of the cases here seem to be about EB GC. Is there anyone who has the same problems with me? Is the procedure different for GC through marriage?
3- When my wife called USCIS, IO told that they cannot do anything before 60 days after the interview. is that true?
I was out of status when I got married so I cannot leave without GC. we want to move to my country but now we are stuck. it is frustrating.
Please someone help...
thanks for your time.
I submitted I-485 on 5/11/07 so I assume that my name was forwarded to FBI sometime around May/07, 8 months ago. I made a mistake on my affidavit and I had to resubmit it on Aug/07 (I-485 was fine)
I have a few questions;
1- Since I resubmitted some papers on Aug (not I-485), would my name be forwarded to FBI on Aug or on May 11 (Priority date of I-485 is 5/11/07)?
2- Most of the cases here seem to be about EB GC. Is there anyone who has the same problems with me? Is the procedure different for GC through marriage?
3- When my wife called USCIS, IO told that they cannot do anything before 60 days after the interview. is that true?
I was out of status when I got married so I cannot leave without GC. we want to move to my country but now we are stuck. it is frustrating.
Please someone help...
thanks for your time.
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DSLStart
03-30 09:58 PM
unitednations, you making this statement makes me scared. :eek:
Shouldn't they release some memo or something before making a drastic change like this???
Don't know if this is a new procedure that they are following the main law where a valied 140 is needed the whole time.
Shouldn't they release some memo or something before making a drastic change like this???
Don't know if this is a new procedure that they are following the main law where a valied 140 is needed the whole time.
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eb3_nepa
02-05 09:41 PM
I totally agree with you viva...
Is this a solution to retrogression?
Oh my god...
USCIS please let our spouses work and take as much time as you want to give us the green card we are not in a hurry!!!!
How can anyone come up with these un realistic solutions man.
True true true This persons intension is not a GC but make money...
Please let us not go further into this, let us prepare ourselfs to fight for the I-485 provision that IV is working on..
We shall overcome
First off, i have mentioned above that this is NOT a solution to retrogression. Secondly, the USCIS does not care what we say to them, they are going to take exactly how much time they want to take to process our Green cards. All I was suggesting was, we ask for interim relief. Now like Logiclife mentioned we are trying for smaller bits of interim relief and that is a reasonable answer. However please do not make remarks like "this person is here to make money and is not after GC". Are we not all after making money? Is that not why we want GCs? We certainly dont want the GC to frame it and keep it next to our other trophies do we? Then why are people accusing me of wanting to "make money"? The problem with some people on this forum is the lack of respect for an alternate view. It is one thing to disagree and it is another to make ridiculous off topic remarks about what someone said.
Is this a solution to retrogression?
Oh my god...
USCIS please let our spouses work and take as much time as you want to give us the green card we are not in a hurry!!!!
How can anyone come up with these un realistic solutions man.
True true true This persons intension is not a GC but make money...
Please let us not go further into this, let us prepare ourselfs to fight for the I-485 provision that IV is working on..
We shall overcome
First off, i have mentioned above that this is NOT a solution to retrogression. Secondly, the USCIS does not care what we say to them, they are going to take exactly how much time they want to take to process our Green cards. All I was suggesting was, we ask for interim relief. Now like Logiclife mentioned we are trying for smaller bits of interim relief and that is a reasonable answer. However please do not make remarks like "this person is here to make money and is not after GC". Are we not all after making money? Is that not why we want GCs? We certainly dont want the GC to frame it and keep it next to our other trophies do we? Then why are people accusing me of wanting to "make money"? The problem with some people on this forum is the lack of respect for an alternate view. It is one thing to disagree and it is another to make ridiculous off topic remarks about what someone said.
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srikondoji
10-13 02:41 PM
Nicely said.
Don't know if it was Roman or greek, but they kept on diluting their currency (gold coins) with copper to support their spending and populist schemes. They kept on diluting to the extent that even India stopped exporting spices becuase their coins were not worth as much as they use to once upon a time.
This is what is happening to dollar.
America is loosing their grips pn global financial system. Even though it will be remembered as the founder of free maket, it has rushed too fast and forced other countries to open up their financial system. HOwever, three essential ingedients of free market theory have not been handled well.
Price discovey, Capital allocation and Flow of liquidity.
We are at a point, where all countries can reject free market as a failed attempt or pick it up from here and strengthen it going foward. Regulation is a must or else we will hit the bump again in future.
Without a proper trading system and regulator price discovey is vey hard and bubbles keep occuring.
This is vey true in case of real estate poperties. There are many localities in Hyderabad where propeties have not been priced appropriately.
In a matter of 1 year, property prices in some localities have gone up multi fold just because of 1 or 2 transactions by desparate buyers.
There is no price differential between 100 sq yards propety or 1000 sq yards property on a per sq yard price basis.
ROE is far greater on investments made on proportionate basis on 1000 sq yard plot compared to 100 sq yard plot. Without regards fo town planning, return on investments every piece of land was priced with the same yard stick.
I think it is best to follow the quotes below
"When eveybody is buying, something is definitely wrong."
"When everybody is selling, again something is wrong".
I don't know much about buying house/property in India. Maybe you want to have a close family member keep an eye on your property otherwise a land graber/local gunda in the area may take possession of your property while you are here/away.
But I find some of the discussion in this thread extremely intriguing. There were specific conditions in 1930s, 1960s, 1990s that caused recovery in those times. Leadership & American generation were ready to sacrifice and do hard work. Contrary to the hard work done during those times, large percentage of the current population is indifferent and does not care to know about the current crisis, not knowing the gravity of the situation. Majority of the population was, still is, opposed to $700 billion bailout/rescue not knowing what is going on. The ups and downs in the stock market is just the beginning. Coming year is going to be very tough, specially on folks are in the situation that require them to visit this forum every now and then.
Every great and prosperous nation is just one generation away from losing its greatness. History teaches us that Great nations lost their greatness/cease to exist because the larger populations ignored the times of crisis. Most people say that America has always come out of crisis in the past and just like those times, America will again come out of the current crisis. That's what everybody expect and wants to see happen, as if there will be a miracle and everything will get fixed. Everybody including media/leadership are taking things for granted, as if things will turn around by itself just because things have turned around in the past. But this apathy is very dangerous. Here is why - we can say with fair bit of certainty that Romans must have also said during their time of crisis that things will be fine, they have always gotten fine because we are the Romans, the empire of Gods, or whatever. Likewise, this time around, media/leaders are guided by similar rhetoric. I find this behavior very dangerous. In 1930s/60s/90s there was able leadership and American generations during those times were ready to do their share. It doesn't appear such this time, atleast not right now. Maybe we have sometime to come out of the crisis and things will change in the near future. But without change in the direction, things don't look very good right now.
Rome was not built in one day and it did not perish in one day. If leadership and population continue to ignore the gravity of the crisis, there is only one possible outcome.
The positive aspect this time around is, due to globalization, other nations have stake in American economy and are willing to come to the rescue. Even nations like China and Russia are willing to step-up. This would have been unthinkable in an un-globalized world. But other nations can only do so much. Ultimately, the larger population in America will have to step up, and that includes us, there is no other way. Now G-7 is working together to come up with a comprehensive plan. A lot of people beat down on globalization, but till now it is working as was designed, which is good, and other friendlier/unfriendlier nations are willing to step-up.
Another foreseeable opportunity to fight the current situation is, world energy crisis. America can use the world energy crisis to turn things around, not necessarily subscribing to ideas from businessmen like T Bone Pickens/natural gas to promote their business and blah bhah blah, but something else, which makes America - a leader to solve the energy requirements of over 6 billion people, when estimated 20% of the world population consumes 95% of the world energy.
I don't know if you should buy property in India or if you should buy gold. But in the grand scheme of things, if I were you, I would hang on to the "cash" very close to my chest. Things are really bad, a lot more than what meets the eye or what is apparent.
.
Don't know if it was Roman or greek, but they kept on diluting their currency (gold coins) with copper to support their spending and populist schemes. They kept on diluting to the extent that even India stopped exporting spices becuase their coins were not worth as much as they use to once upon a time.
This is what is happening to dollar.
America is loosing their grips pn global financial system. Even though it will be remembered as the founder of free maket, it has rushed too fast and forced other countries to open up their financial system. HOwever, three essential ingedients of free market theory have not been handled well.
Price discovey, Capital allocation and Flow of liquidity.
We are at a point, where all countries can reject free market as a failed attempt or pick it up from here and strengthen it going foward. Regulation is a must or else we will hit the bump again in future.
Without a proper trading system and regulator price discovey is vey hard and bubbles keep occuring.
This is vey true in case of real estate poperties. There are many localities in Hyderabad where propeties have not been priced appropriately.
In a matter of 1 year, property prices in some localities have gone up multi fold just because of 1 or 2 transactions by desparate buyers.
There is no price differential between 100 sq yards propety or 1000 sq yards property on a per sq yard price basis.
ROE is far greater on investments made on proportionate basis on 1000 sq yard plot compared to 100 sq yard plot. Without regards fo town planning, return on investments every piece of land was priced with the same yard stick.
I think it is best to follow the quotes below
"When eveybody is buying, something is definitely wrong."
"When everybody is selling, again something is wrong".
I don't know much about buying house/property in India. Maybe you want to have a close family member keep an eye on your property otherwise a land graber/local gunda in the area may take possession of your property while you are here/away.
But I find some of the discussion in this thread extremely intriguing. There were specific conditions in 1930s, 1960s, 1990s that caused recovery in those times. Leadership & American generation were ready to sacrifice and do hard work. Contrary to the hard work done during those times, large percentage of the current population is indifferent and does not care to know about the current crisis, not knowing the gravity of the situation. Majority of the population was, still is, opposed to $700 billion bailout/rescue not knowing what is going on. The ups and downs in the stock market is just the beginning. Coming year is going to be very tough, specially on folks are in the situation that require them to visit this forum every now and then.
Every great and prosperous nation is just one generation away from losing its greatness. History teaches us that Great nations lost their greatness/cease to exist because the larger populations ignored the times of crisis. Most people say that America has always come out of crisis in the past and just like those times, America will again come out of the current crisis. That's what everybody expect and wants to see happen, as if there will be a miracle and everything will get fixed. Everybody including media/leadership are taking things for granted, as if things will turn around by itself just because things have turned around in the past. But this apathy is very dangerous. Here is why - we can say with fair bit of certainty that Romans must have also said during their time of crisis that things will be fine, they have always gotten fine because we are the Romans, the empire of Gods, or whatever. Likewise, this time around, media/leaders are guided by similar rhetoric. I find this behavior very dangerous. In 1930s/60s/90s there was able leadership and American generations during those times were ready to do their share. It doesn't appear such this time, atleast not right now. Maybe we have sometime to come out of the crisis and things will change in the near future. But without change in the direction, things don't look very good right now.
Rome was not built in one day and it did not perish in one day. If leadership and population continue to ignore the gravity of the crisis, there is only one possible outcome.
The positive aspect this time around is, due to globalization, other nations have stake in American economy and are willing to come to the rescue. Even nations like China and Russia are willing to step-up. This would have been unthinkable in an un-globalized world. But other nations can only do so much. Ultimately, the larger population in America will have to step up, and that includes us, there is no other way. Now G-7 is working together to come up with a comprehensive plan. A lot of people beat down on globalization, but till now it is working as was designed, which is good, and other friendlier/unfriendlier nations are willing to step-up.
Another foreseeable opportunity to fight the current situation is, world energy crisis. America can use the world energy crisis to turn things around, not necessarily subscribing to ideas from businessmen like T Bone Pickens/natural gas to promote their business and blah bhah blah, but something else, which makes America - a leader to solve the energy requirements of over 6 billion people, when estimated 20% of the world population consumes 95% of the world energy.
I don't know if you should buy property in India or if you should buy gold. But in the grand scheme of things, if I were you, I would hang on to the "cash" very close to my chest. Things are really bad, a lot more than what meets the eye or what is apparent.
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hairstyles funny quotes for facebook
satyasaich
07-10 02:49 PM
For what? we all had enough of this drama and trauma as well.
Let's wait and see
I can trust this guy because of his recent past blogs which turned true.
Can i celebrate? I want to.
Let's wait and see
I can trust this guy because of his recent past blogs which turned true.
Can i celebrate? I want to.
smc
07-18 08:09 PM
Why did John Cornyn's bill want to recapture only unused numbers from 1996 and 1997, why not 1998 also?
eb3_nepa
02-05 04:43 PM
thanks for explaining. my suggestion then is to go to school on F1 (maybe ?) and get a degree that can help him/her get a job that qualifies under H1b.
Our main goal to solve the retrogression problem.
Well then by that logic the US Govt can turn around and tell all of us the same thing right? This is our processing time, take it or go elsewhere :)
Also converting to an f1 has SERIOUS implications. For starters you have to shell out a LOT of money for a full time degree. Secondly in some cases the person may STILL not be eligible to apply for an H1 coz that job profile.
Lastly I did not mean we contact Human rights activists for the same.
Our main goal to solve the retrogression problem.
Well then by that logic the US Govt can turn around and tell all of us the same thing right? This is our processing time, take it or go elsewhere :)
Also converting to an f1 has SERIOUS implications. For starters you have to shell out a LOT of money for a full time degree. Secondly in some cases the person may STILL not be eligible to apply for an H1 coz that job profile.
Lastly I did not mean we contact Human rights activists for the same.
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