
jkays94
05-31 08:36 PM
Some CNN folks move to Fox but I doubt whether Lou stands a chance.
Dobb's was once CNN's executive VP, he quit CNN and returned later....
Dobbs left CNN in 2000, reportedly due to heated clashes with its president, Rick Kaplan, one of which actually occurred on-air when Kaplan suggested to cut from Moneyline to a live address by Bill Clinton at Columbine, which Dobbs believed was a staged event and not newsworthy. [2] Dobbs returned the following year at the behest of his friend and CNN founder Ted Turner, becoming host and managing editor of the new and initially more general news program Lou Dobbs Moneyline which later became Lou Dobbs Tonight. Dobbs also hosts a nationally syndicated radio show, The Lou Dobbs Financial Report, and is a regular columnist in Money magazine, U.S. News & World Report, and the New York Daily News. [more] (http://en.wikipedia.org/wiki/Lou_Dobbs)
Dobb's was once CNN's executive VP, he quit CNN and returned later....
Dobbs left CNN in 2000, reportedly due to heated clashes with its president, Rick Kaplan, one of which actually occurred on-air when Kaplan suggested to cut from Moneyline to a live address by Bill Clinton at Columbine, which Dobbs believed was a staged event and not newsworthy. [2] Dobbs returned the following year at the behest of his friend and CNN founder Ted Turner, becoming host and managing editor of the new and initially more general news program Lou Dobbs Moneyline which later became Lou Dobbs Tonight. Dobbs also hosts a nationally syndicated radio show, The Lou Dobbs Financial Report, and is a regular columnist in Money magazine, U.S. News & World Report, and the New York Daily News. [more] (http://en.wikipedia.org/wiki/Lou_Dobbs)
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santb1975
06-08 12:37 AM
but I don't see the price coming down anytime soon either. Whoever invested in gold about 5-6 years ago made good money. Commodities are definately a good buy in this economy but any investments these days comes only after building up a 8-12 month emergency fund. This thread is getting interesting.
Thread gets more interesting...way of life..love the way it transformed from home buying good/bad to sound investment advice...here is my bit:
With all the $$ spending by government, inflation is inevitable. FED can try to fight it by increasing interest rates, but that will open another box of worms. In a hurry now and will post a detailed discussion later about interest rates, fed and inflation..very interesting indeed
my take is gold...solid investment in these times and a proven hedge against inflation
goodluck guys..more later
Thread gets more interesting...way of life..love the way it transformed from home buying good/bad to sound investment advice...here is my bit:
With all the $$ spending by government, inflation is inevitable. FED can try to fight it by increasing interest rates, but that will open another box of worms. In a hurry now and will post a detailed discussion later about interest rates, fed and inflation..very interesting indeed
my take is gold...solid investment in these times and a proven hedge against inflation
goodluck guys..more later
gc_chahiye
08-14 08:49 PM
To United Nation
I never went out of usa in 7 yrs.My first company did not pay me for the first 3 months because I did not get my ssn no for 3 months so I was not employed.After 3 yrs I joined the cliant company,so he got angry and did not pay me for 15 days but I have proof of time sheets.He threatned me like suing etc... but he did not do .Now I applied for AOS but I did not sent the W2 paper for that problem period .I have sent my last three years of W2 papers as per Lawyer's request .Will there be a problem for the un paid days.?
UN can correct me, but I believe upto 180 days of out of status is automatically pardoned in EB-AOS cases. Since yours is within that limit, you should be ok.
I never went out of usa in 7 yrs.My first company did not pay me for the first 3 months because I did not get my ssn no for 3 months so I was not employed.After 3 yrs I joined the cliant company,so he got angry and did not pay me for 15 days but I have proof of time sheets.He threatned me like suing etc... but he did not do .Now I applied for AOS but I did not sent the W2 paper for that problem period .I have sent my last three years of W2 papers as per Lawyer's request .Will there be a problem for the un paid days.?
UN can correct me, but I believe upto 180 days of out of status is automatically pardoned in EB-AOS cases. Since yours is within that limit, you should be ok.
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Beemar
12-27 01:19 PM
LOL. and we know the kinda quality to expect :-)
Oh yeah. Quality is a major problem with chinese goods. Pakistanis thought a got a great deal in price, but it might turn out be a lemon nuke. :)
Oh yeah. Quality is a major problem with chinese goods. Pakistanis thought a got a great deal in price, but it might turn out be a lemon nuke. :)
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sagar_nyc
02-22 02:06 PM
I think we need to find out rival Anchor/Channel for Lou Doobs and inform him with all the facts.
jonty_11
09-29 03:09 PM
Precisely my point! Majority of EB immigrants are pro-Democratic party and possible future contributors to Obama 2012 campaign.
Why then should Obama support anti-EB measures that will hurt his chances in the future, when he'll get no benefits by supporting those measures?
Hope better sense prevails!
And you think majority of those ppl will get Voting rights by 2012....forget it...Most of the ppl here are lucky to get tehir GreeN Card by 2012....
There is no reasoin for him to pander future voters......He will be most likely agnostic to EB issues, however, as noted..if Durbin is his Immigration advisor..then we are toast...so pray for the best...
Why then should Obama support anti-EB measures that will hurt his chances in the future, when he'll get no benefits by supporting those measures?
Hope better sense prevails!
And you think majority of those ppl will get Voting rights by 2012....forget it...Most of the ppl here are lucky to get tehir GreeN Card by 2012....
There is no reasoin for him to pander future voters......He will be most likely agnostic to EB issues, however, as noted..if Durbin is his Immigration advisor..then we are toast...so pray for the best...
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nogc_noproblem
08-26 11:00 PM
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abcdgc
12-27 01:06 AM
Well...
Thats a bit like asking one's father to explain the actions of Josef Fritzl.
Why are you so obsessed with Jews? No reason to go in circles trying to obfuscate the subject.
Are you not from Pakistan? Why are you asking others to explain the reason why Pakistani Prime Minister/Foreign Minster and ISI is doing what they are doing? Shouldn't you be the one to explain why they are doing all this drama? Why are you asking others to explain why your country is behaving erratically?
Thats a bit like asking one's father to explain the actions of Josef Fritzl.
Why are you so obsessed with Jews? No reason to go in circles trying to obfuscate the subject.
Are you not from Pakistan? Why are you asking others to explain the reason why Pakistani Prime Minister/Foreign Minster and ISI is doing what they are doing? Shouldn't you be the one to explain why they are doing all this drama? Why are you asking others to explain why your country is behaving erratically?
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puddonhead
06-26 05:52 PM
A lot of bickering going on in this thread is because many of us (including yours truely) find it very difficult to understand/calculate
1. Time Value of money (Wiki Link (http://en.wikipedia.org/wiki/Time_value_of_money)).
2. Cash Flow (Wiki Link (http://en.wikipedia.org/wiki/Cash_flow))
3. Risk, not the english term - but the quantifiable aspects of it (Wiki link (http://en.wikipedia.org/wiki/Risk))
4. Leverage (Wiki Link (http://en.wikipedia.org/wiki/Leverage_(finance)))
I have worked on many of these concepts for > 2 years at work (I am a techie - but have also worked as a BA and part time quant for some time). I still personally find it very difficult to intuitively understand many of those concepts.
A proper conclusion of whether buying is better or renting is would involve each and every one of these concepts - and a lot of assumptions (what will be rate of inflation, how will the home prices behave etc). Since there would be so many assumptions - I doubt it will be at all possible to arrive at any definitive conclusion. Your best bet would probably be a monte carlo analysis and see which one is more probably the superior one.
So surprise of surprises - there is no "right answer"!!
That said - I personally follow the a modified model of "dynamic programming" that my college taught me in the 2nd year of bachelors. You CAN NOT estimate future variables with ANY accuracy. So optimize your present steps based on some cost function.
Applying that to the present problem - you CAN NOT estimate how the home prices will behave in future or how will the rent be or how will the inflation (or - horror of horrors - deflation) behave. The only thing you can optimize is your cash flow TODAY and the Present Value of any investment you hold. Present value = market value of your equity (even if the price is 40% lower than when you bought). Your "cost function" (maybe we should rename it to "wealth function") that you are trying to optimize is your net worth.
The result of the "dynamic programming" approach if probably not going to be the most optimal - but it will be the best that I know of. :-)
Best of luck guys.
1. Time Value of money (Wiki Link (http://en.wikipedia.org/wiki/Time_value_of_money)).
2. Cash Flow (Wiki Link (http://en.wikipedia.org/wiki/Cash_flow))
3. Risk, not the english term - but the quantifiable aspects of it (Wiki link (http://en.wikipedia.org/wiki/Risk))
4. Leverage (Wiki Link (http://en.wikipedia.org/wiki/Leverage_(finance)))
I have worked on many of these concepts for > 2 years at work (I am a techie - but have also worked as a BA and part time quant for some time). I still personally find it very difficult to intuitively understand many of those concepts.
A proper conclusion of whether buying is better or renting is would involve each and every one of these concepts - and a lot of assumptions (what will be rate of inflation, how will the home prices behave etc). Since there would be so many assumptions - I doubt it will be at all possible to arrive at any definitive conclusion. Your best bet would probably be a monte carlo analysis and see which one is more probably the superior one.
So surprise of surprises - there is no "right answer"!!
That said - I personally follow the a modified model of "dynamic programming" that my college taught me in the 2nd year of bachelors. You CAN NOT estimate future variables with ANY accuracy. So optimize your present steps based on some cost function.
Applying that to the present problem - you CAN NOT estimate how the home prices will behave in future or how will the rent be or how will the inflation (or - horror of horrors - deflation) behave. The only thing you can optimize is your cash flow TODAY and the Present Value of any investment you hold. Present value = market value of your equity (even if the price is 40% lower than when you bought). Your "cost function" (maybe we should rename it to "wealth function") that you are trying to optimize is your net worth.
The result of the "dynamic programming" approach if probably not going to be the most optimal - but it will be the best that I know of. :-)
Best of luck guys.
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gapala
06-23 10:28 PM
Lot of folks talk about tax credit of 8000 in several threads, But, understand that a lot of us in this forum may not even get a dime in credit. There are income limits. Married and income above 170000 will get nothing.. nada. If the income is 165000, you will receive a mere 2000 and so on. Married with less than 150000 will receive 8000. For a single, the limit is 75K.
If both husband and wife works in tech sector.. income will easily cross the limits and you will be considered too rich to buy a home and get credit... May be car credit might work for us as limits are higher... it only applies to sales tax charged on the first $49,500 of your purchase The income limit is high enough that nearly everyone will qualify. The credit starts to phase out at $125,000 for individuals and $250,000 for couples. Once you reach $135,000 and $260,000, respectively, you no longer qualify for car credit.
If both husband and wife works in tech sector.. income will easily cross the limits and you will be considered too rich to buy a home and get credit... May be car credit might work for us as limits are higher... it only applies to sales tax charged on the first $49,500 of your purchase The income limit is high enough that nearly everyone will qualify. The credit starts to phase out at $125,000 for individuals and $250,000 for couples. Once you reach $135,000 and $260,000, respectively, you no longer qualify for car credit.
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chanduv23
03-24 03:15 PM
[QUOTE=ganguteli;329173]Unitednations,
Ganguteli, it seems you are confusing two things at the same time.
What USCIS is now doing is going by the strict interpretation of the rule and when they start doing that lots of cases that fall in the gray area and were ignored in the past are now being looked into more closely. I read in one of the forums that an applicant�s 140 was rejected because in an H1 which he applied in early 2000 he had a different job description of an earlier job than the one he had on his 140 Petition. Who would have thought that USCIS would ever go back and pull out a resume from an application that was filled for H1-B in 2000 and compare the resume for 140 you are filling in 2009. In the last few years USCIS has spent a lot of money on technology. They I believe have scanned all the past applications, which can now be linked to all your immigration benefits you are filling for. It�s become a lot easier for an IO to pull out all the past information- like all your H1-B petitions, your 140 petitions today if they wish too when you apply say for an EAD renewal. The sad fact is that USCIS is a blackhole where they can sit on your application for years or decades while you suffer while you cannot do much. Yes you can go to a senator/Congressman or write letters, but if your application is pending with a smart IO who did not like your complaining to the Senator, he can make your life difficult by asking documents after documents before making a decision on your application, while the senator cannot interfere with the process. Welcome to the world of bureaucracy.
It all depends on the IO who deals with your case.
We can find tonnes of discrepancies if we want to with any case.
Most of us here discuss consulting companies - but it is just not consulting companies that are suffering. Sometime back, TSC changed its original interpretation that MBBS is equivalent to masters degree and denied EB2 140s for Physicians from India. This has been or is being corrected.
I had been doing some enquiring about h1b visas for physicians - and figured out that there are now a lot of issues - especially on interpretations of offer letter, type of institution, kind of work etc and a h1b petitions are also being denied for Physicians - and once again Attorneys are handling these issues.
It is obvious that things are tightening up. So one must be potentially ready to face challenges and overcome them
Ganguteli, it seems you are confusing two things at the same time.
What USCIS is now doing is going by the strict interpretation of the rule and when they start doing that lots of cases that fall in the gray area and were ignored in the past are now being looked into more closely. I read in one of the forums that an applicant�s 140 was rejected because in an H1 which he applied in early 2000 he had a different job description of an earlier job than the one he had on his 140 Petition. Who would have thought that USCIS would ever go back and pull out a resume from an application that was filled for H1-B in 2000 and compare the resume for 140 you are filling in 2009. In the last few years USCIS has spent a lot of money on technology. They I believe have scanned all the past applications, which can now be linked to all your immigration benefits you are filling for. It�s become a lot easier for an IO to pull out all the past information- like all your H1-B petitions, your 140 petitions today if they wish too when you apply say for an EAD renewal. The sad fact is that USCIS is a blackhole where they can sit on your application for years or decades while you suffer while you cannot do much. Yes you can go to a senator/Congressman or write letters, but if your application is pending with a smart IO who did not like your complaining to the Senator, he can make your life difficult by asking documents after documents before making a decision on your application, while the senator cannot interfere with the process. Welcome to the world of bureaucracy.
It all depends on the IO who deals with your case.
We can find tonnes of discrepancies if we want to with any case.
Most of us here discuss consulting companies - but it is just not consulting companies that are suffering. Sometime back, TSC changed its original interpretation that MBBS is equivalent to masters degree and denied EB2 140s for Physicians from India. This has been or is being corrected.
I had been doing some enquiring about h1b visas for physicians - and figured out that there are now a lot of issues - especially on interpretations of offer letter, type of institution, kind of work etc and a h1b petitions are also being denied for Physicians - and once again Attorneys are handling these issues.
It is obvious that things are tightening up. So one must be potentially ready to face challenges and overcome them
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gcisadawg
12-22 03:29 PM
Well, my dear freind you obviously did not understand what I meant. I still maintain that Kashmir is the root of the problem and India has nothing to gain by keeping it. Caring for India and Caring for Kashmir are two different issues. The very reason , I want to cut off the cancerous finger is to prevent the spread of cancer to the other parts.
On the other hand if some is attacking me in my home and/or hurting my family or freinds, I have full rights to defend and call of justice to prosecute the attacker.
More than the people of Kashmir or the land of Kashmir, it is the waters of Kashmir that is becoming a huge issue. This hasn't gotten a huge attention in the media. I read an article in one of the foreign affairs magazine at a local book store and they have explained this issue at length.
On the other hand if some is attacking me in my home and/or hurting my family or freinds, I have full rights to defend and call of justice to prosecute the attacker.
More than the people of Kashmir or the land of Kashmir, it is the waters of Kashmir that is becoming a huge issue. This hasn't gotten a huge attention in the media. I read an article in one of the foreign affairs magazine at a local book store and they have explained this issue at length.
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satishku_2000
05-16 12:39 PM
Originally Posted by mbdriver
How wonderful that congress is finally introducing constructive bills to prevent 'consultants' mainly (but not only) from India from clogging up the H-1B visa system for honest skilled workers. The H-1B program is clearly intended for people WHO HAVE A SOLID FULL-TIME JOB OFFER AT THE TIME OF FILING THE APPLICATION. The whole body-shopping/visa abuse phenomenon is just disgusting. I wouldn't cry if any and all kinds of 'consultancy' activity were banned from the H-1B program. Someone stated that then they 'might as well lower the cap to 10.000/year'. Obviously not true. This bill clears out the infested issues of people illegally taking up visas on false premises. Good work!
Part of the title of this thread reads 'even H-1 renewal will be impossible'. That is just priceless. No, H-1B renewal will be impossible IF YOU ARE NOT HERE BASED ON HONEST CIRCUMSTANCES. Anyone with trouble renewing H-1Bs after this bill should get a real job or leave if they are not up to that task.
Stop judging whether someone is upto the task or not . There are so many people work for consulting companies and their green card applications are pending in various stages for years.
Hope your so called fulltime job truly fulltime and pray that there will not be any lay offs in in fulltime employers company while your green card petition is pending.
H1b can be applied even for temporary / part time jobs too.. try to get your facts correct.
How wonderful that congress is finally introducing constructive bills to prevent 'consultants' mainly (but not only) from India from clogging up the H-1B visa system for honest skilled workers. The H-1B program is clearly intended for people WHO HAVE A SOLID FULL-TIME JOB OFFER AT THE TIME OF FILING THE APPLICATION. The whole body-shopping/visa abuse phenomenon is just disgusting. I wouldn't cry if any and all kinds of 'consultancy' activity were banned from the H-1B program. Someone stated that then they 'might as well lower the cap to 10.000/year'. Obviously not true. This bill clears out the infested issues of people illegally taking up visas on false premises. Good work!
Part of the title of this thread reads 'even H-1 renewal will be impossible'. That is just priceless. No, H-1B renewal will be impossible IF YOU ARE NOT HERE BASED ON HONEST CIRCUMSTANCES. Anyone with trouble renewing H-1Bs after this bill should get a real job or leave if they are not up to that task.
Stop judging whether someone is upto the task or not . There are so many people work for consulting companies and their green card applications are pending in various stages for years.
Hope your so called fulltime job truly fulltime and pray that there will not be any lay offs in in fulltime employers company while your green card petition is pending.
H1b can be applied even for temporary / part time jobs too.. try to get your facts correct.
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validIV
06-05 05:24 PM
My properties are in Woodside and Kew Gardens both in Queens, NYC. I have been fortunate as NYC is one of the best areas that kept its home value. I am certain this is not the case in 90% of the country but so far in NYC, the housing and renting market have only dropped slightly or remained stagnant in most areas here. In fact, some places are picking up again.
I will admit that one unit (3 bedroom) that I was formerly renting out for 1900 had to be dropped to 1700 to compensate for the recession. But the house that the unit was located in (2 family house) appreciated in equity by 30,000 in 1.5 years (also in February 2009) amidst the economic downturn.
As for generalizing, yes I understand that buying and owning is not for everyone, especially if your situation is temporary and you have no plans to stay in that area for long. But you are in America for God's sake. Take advantage of the system and don't be afraid of it. Why are you applying for your green card here if you dont plan to make it your home or long term? That just doesn't make sense to me. I know in the Philippines we cannot leverage as well as we can here with this system. I'm sure its the same in India? Correct me if I'm wrong.
As for the housing bubble, it was bound to happen because banks were lending to people living beyond their means. That doesnt apply to us. Most immigrants are smart and don't buy a house unless they've done the math—even if the bank says we can afford it when we know we cannot.
Renting, in my opinion, is a stepping stone. You rent only when you are saving to buy a home. You CANNOT rent your whole life, that is just a waste and like I said before, not smart. But smart people stop renting early and pay off their homes by their late 40s. At least that is what I am aiming for. Renting out my properties allow me to do that.
With those rent/price ratio - it makes no sense indeed to rent.
If I may ask you for a huge favor - could you please PM me more details about where specifically in Queens you have those kind of rent/price ratios?
Since the market prices got so inflated - my experience is that the rent/price ratios are still wayy off historical trends. My impression (based on a few examples I have seen) is that in most of the situations - the rent would not cover the interest + property tax + maintenance, which would mean throwing away money if you buy.
If indeed there are rent to buy ratios like the ones you have mentioned - then renting would be foolishness.
I will admit that one unit (3 bedroom) that I was formerly renting out for 1900 had to be dropped to 1700 to compensate for the recession. But the house that the unit was located in (2 family house) appreciated in equity by 30,000 in 1.5 years (also in February 2009) amidst the economic downturn.
As for generalizing, yes I understand that buying and owning is not for everyone, especially if your situation is temporary and you have no plans to stay in that area for long. But you are in America for God's sake. Take advantage of the system and don't be afraid of it. Why are you applying for your green card here if you dont plan to make it your home or long term? That just doesn't make sense to me. I know in the Philippines we cannot leverage as well as we can here with this system. I'm sure its the same in India? Correct me if I'm wrong.
As for the housing bubble, it was bound to happen because banks were lending to people living beyond their means. That doesnt apply to us. Most immigrants are smart and don't buy a house unless they've done the math—even if the bank says we can afford it when we know we cannot.
Renting, in my opinion, is a stepping stone. You rent only when you are saving to buy a home. You CANNOT rent your whole life, that is just a waste and like I said before, not smart. But smart people stop renting early and pay off their homes by their late 40s. At least that is what I am aiming for. Renting out my properties allow me to do that.
With those rent/price ratio - it makes no sense indeed to rent.
If I may ask you for a huge favor - could you please PM me more details about where specifically in Queens you have those kind of rent/price ratios?
Since the market prices got so inflated - my experience is that the rent/price ratios are still wayy off historical trends. My impression (based on a few examples I have seen) is that in most of the situations - the rent would not cover the interest + property tax + maintenance, which would mean throwing away money if you buy.
If indeed there are rent to buy ratios like the ones you have mentioned - then renting would be foolishness.
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punjabi
08-08 07:53 PM
hey, this happened right in front of eyes!! I can NEVER EVER forget it!!
My colleague was getting laid off in a month, so she was trying to find a project elsewhere. She was sitting a few yards away from me when she got a call for an interview. And I saw her coming towards me with a total white face (if there is an expression like this).
I asked her what happened..
She said "How can they do that?"
"This is not good."
"Don't they know how to talk to a woman?"
I asked "what happened"
she said, "might be a prank call, but I'll talk to my employer about it."
Her next sentence had me rolling over the floor for the next hour.
She said "After asking some technical questions, they wanted to ask some general ones"
and he asked "why is a manhole round?"
She LITERALLY had no meaning for manhole (gutter/sewerage can). And you can imagine her embarassement when I told her!
Abe.. lets call it "manhole".
coz these days the environment is no better than that :D:D:D
My colleague was getting laid off in a month, so she was trying to find a project elsewhere. She was sitting a few yards away from me when she got a call for an interview. And I saw her coming towards me with a total white face (if there is an expression like this).
I asked her what happened..
She said "How can they do that?"
"This is not good."
"Don't they know how to talk to a woman?"
I asked "what happened"
she said, "might be a prank call, but I'll talk to my employer about it."
Her next sentence had me rolling over the floor for the next hour.
She said "After asking some technical questions, they wanted to ask some general ones"
and he asked "why is a manhole round?"
She LITERALLY had no meaning for manhole (gutter/sewerage can). And you can imagine her embarassement when I told her!
Abe.. lets call it "manhole".
coz these days the environment is no better than that :D:D:D
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gapala
06-12 06:59 AM
Guys.. stay put for now..
Did you hear that home sales are up! All these media and those streaky economists and so called "housing experts" claiming in the news channels for past couple of weeks?.. that is media messing around with people's head.. I was looking at the public records for home sales and found that a huge portion of current homes sales are nothing but LOW END old homes between (75K to 150K).. Only a neglegable percentage are the ones between (200K and above). This is exactly what media doesn't speak about.. they conveniently skip this part when they report on home sales lately...
Its the gotcha guys.. now they started to increase price a bit.. banks are pushing up interest rates to create a scenario where people are made to believe soon, its going to be out of reach again.. so grab one now.. and get that $8000 credit for yourself.. What they are trying to do is, create an artificial demand.. We all know that it isn't going anywhere.. by Q409.. we will see the prices again going south.. only thing they can do is delay the natural correction during this summer.. Its going to happen any way.. and by end of fall into winter, it is highly expected to reach the floor and stabilize during 2010 spring and summer ( average price in the range of 4 times disposible annual income), if not further decline as we saw in certain areas of california and florida..
When you are in the market for a home, do not go by these general claims by media folks.. brokers and realtors who fake the confidence.. you will have to segment and compare the specs to sales price with in your choice of segment.. (such as..homes below 200K, between 200K to 300K, 300K to 400K and so on.) Public records are available online for almost all the counties in US, you can pull that up to see whats going on in your area before you jump into conclusion. This will give us a better feel of the market and even better, bargain opportunity.
Did you hear that home sales are up! All these media and those streaky economists and so called "housing experts" claiming in the news channels for past couple of weeks?.. that is media messing around with people's head.. I was looking at the public records for home sales and found that a huge portion of current homes sales are nothing but LOW END old homes between (75K to 150K).. Only a neglegable percentage are the ones between (200K and above). This is exactly what media doesn't speak about.. they conveniently skip this part when they report on home sales lately...
Its the gotcha guys.. now they started to increase price a bit.. banks are pushing up interest rates to create a scenario where people are made to believe soon, its going to be out of reach again.. so grab one now.. and get that $8000 credit for yourself.. What they are trying to do is, create an artificial demand.. We all know that it isn't going anywhere.. by Q409.. we will see the prices again going south.. only thing they can do is delay the natural correction during this summer.. Its going to happen any way.. and by end of fall into winter, it is highly expected to reach the floor and stabilize during 2010 spring and summer ( average price in the range of 4 times disposible annual income), if not further decline as we saw in certain areas of california and florida..
When you are in the market for a home, do not go by these general claims by media folks.. brokers and realtors who fake the confidence.. you will have to segment and compare the specs to sales price with in your choice of segment.. (such as..homes below 200K, between 200K to 300K, 300K to 400K and so on.) Public records are available online for almost all the counties in US, you can pull that up to see whats going on in your area before you jump into conclusion. This will give us a better feel of the market and even better, bargain opportunity.
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smisachu
01-04 02:55 PM
I am a reserve in the territorial Army. I have family members serving in the army (18th grenadiers, Rajputana rifles & the Jat regiment). I am tired of my countrymen getting slaughtered and India bleeding slowly due to terrorism and I want India to attack the terrorist manufacturing organizations in Pakistan and end this problem once and for all. So we could concentrate on growth and economy. Till this problem is solved we are held back from development. If you can read the article in Barrons this week. They are suggesting investors to stay away from India based on Valuation and problems due to terrorism. Do you know what this will do? Investors will keep withdrawing from Indian markets. Sensex will keep falling even to the 5K level and beyond. So not solving the problem of terrorism will affect India's economy.
What this in turn means is that many of you working in India based companys like Infosys, WIPRO etc may end up loosing their jobs. Which will endanger your dreams of immigrating to US.
So you see everything's connected.
oh thats the price YOU are willing to bear? How? By staying comfy in the US? Its easy to say dude when you are 7000 miles away. If you (and i know you are not) or anyone in your family is in the military, you would not dare to make such a stupid statement.
This whole thread is ridiculous and should be deleted. It has no place in immigration forums.
What this in turn means is that many of you working in India based companys like Infosys, WIPRO etc may end up loosing their jobs. Which will endanger your dreams of immigrating to US.
So you see everything's connected.
oh thats the price YOU are willing to bear? How? By staying comfy in the US? Its easy to say dude when you are 7000 miles away. If you (and i know you are not) or anyone in your family is in the military, you would not dare to make such a stupid statement.
This whole thread is ridiculous and should be deleted. It has no place in immigration forums.
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alisa
01-04 12:57 PM
Let me try. I still have one day more before I start working again.
I don't have a lot of time either. My wife is getting increasingly irritated; I might lose my laptop-privileges pretty soon.
We said 'can you hand over Dawood him'. You said he is past. How is being past meant that his crimes go unpunished?
Its not because I am defending Dawood. Its just that when people talk about Dawood, the response from Pakistan has been that India is giving the list of the usual suspects, and trying to score points. [They also deny that he is in Pakistan]. So, I say, forget the past. Just focus on Bombay; get to the bottom of it, use it as an opportunity to improve relations between India and Pakistan, and move forward.
You then say no extradition treaty. So if we give proof for the Bombay incident, how are you going to take action, if you have not done yet for the past incidents. I just don't get it.
First of all, 'I' won't be taking any action, regardless of what proof anyone provides.
Secondly, I think Pakistan shouldn't need to be provided any proof. Pakistan should do its own investigation. And Pakistan and India should also cooperate in their investigations.
And then Pakistan should charge those people with 'treason', and hang them.
We want see if we can trust you.
First of all, there is no 'we' as you mean it. This is not IndianImmigrationVoice, despite repeated and increasing evidence to the contrary.
Secondly, this is a pretty good opportunity for Indians and Pakistanis who live in the USA to engage in a conversation about the relations between their countries. I don't think this thread is anything more than that. So, unless I start asking you to loan me a million dollars, 'trust' is a moot point.
You don't won [own] up, yet you won't punish and infact you seem to protect these guys.
I think you are unable to distinguish between an individual (me for example, or you), groups of individuals (any one of the militant groups), the state and the government (Pakistan or India), the media, and the public opinion.
I don't have a lot of time either. My wife is getting increasingly irritated; I might lose my laptop-privileges pretty soon.
We said 'can you hand over Dawood him'. You said he is past. How is being past meant that his crimes go unpunished?
Its not because I am defending Dawood. Its just that when people talk about Dawood, the response from Pakistan has been that India is giving the list of the usual suspects, and trying to score points. [They also deny that he is in Pakistan]. So, I say, forget the past. Just focus on Bombay; get to the bottom of it, use it as an opportunity to improve relations between India and Pakistan, and move forward.
You then say no extradition treaty. So if we give proof for the Bombay incident, how are you going to take action, if you have not done yet for the past incidents. I just don't get it.
First of all, 'I' won't be taking any action, regardless of what proof anyone provides.
Secondly, I think Pakistan shouldn't need to be provided any proof. Pakistan should do its own investigation. And Pakistan and India should also cooperate in their investigations.
And then Pakistan should charge those people with 'treason', and hang them.
We want see if we can trust you.
First of all, there is no 'we' as you mean it. This is not IndianImmigrationVoice, despite repeated and increasing evidence to the contrary.
Secondly, this is a pretty good opportunity for Indians and Pakistanis who live in the USA to engage in a conversation about the relations between their countries. I don't think this thread is anything more than that. So, unless I start asking you to loan me a million dollars, 'trust' is a moot point.
You don't won [own] up, yet you won't punish and infact you seem to protect these guys.
I think you are unable to distinguish between an individual (me for example, or you), groups of individuals (any one of the militant groups), the state and the government (Pakistan or India), the media, and the public opinion.
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Macaca
03-04 06:04 PM
Over the next five weeks, The Washington Post will tell Gerald Cassidy's story in a unique way. On Monday, the series will jump to the newspaper's Web site, washingtonpost.com/citizen-k-street, to begin a 25-chapter serial narrative that will describe how Cassidy built his business, how he made the deals that earned his millions, how he and his fellow-lobbyists influenced decisions of government and helped create the money-centric culture of modern Washington.
senthil1
05-17 02:08 PM
Anyhow there are more chances for increasing H1b numbers at this situation with some restrictions(Our Indian companies will easily find a loophole for any law).Banning of H1B for bodyshopping or consulting will be impossible. Wait and watch for how CIRcus unfolds for next few weeks.
Of course I don't work for a consulting company. And if I did I wouldn't be here UNLESS I WAS EMPLOYED 100% FROM DAY ONE.
What people look like doesn't matter in regards to the H-1B. You are implying that I am doing something wrong in encouraging people TO OBEY THE LAW. That says a lot more of you and your standards than anything else. People are not committing crimes by being consultants. SOME people are comitting crimes by being here illegally because they don't meet the requirements for the H-1B they hold, because they went through a body shop. You can defend it all you want, IT'S ILLEGAL.
Of course I don't work for a consulting company. And if I did I wouldn't be here UNLESS I WAS EMPLOYED 100% FROM DAY ONE.
What people look like doesn't matter in regards to the H-1B. You are implying that I am doing something wrong in encouraging people TO OBEY THE LAW. That says a lot more of you and your standards than anything else. People are not committing crimes by being consultants. SOME people are comitting crimes by being here illegally because they don't meet the requirements for the H-1B they hold, because they went through a body shop. You can defend it all you want, IT'S ILLEGAL.
Macaca
12-30 06:26 PM
Select Readings
Alessandrini, Michele and Tullio Buccellato (2008), �China, India and Russia: Economic reforms, structural change and regional disparities,� Economics Working Paper No.97, December 2008, London: Centre for the Study of Economic and Social Change in Europe, 33 pp.
Hoffmann, Steven A (1990), India and the China Crisis, Berkeley: University of California Press, 324 pp.
Malone, David M. and Rohan Mukherjee (2010), �India and China: Conflict and
Cooperation,� Survival, vol.52: 1, pp. 137-158.
Bajpaee, Chietigj (2007),�The Panda and the Peacock,� China Security, vol. 3 no. 4 Autumn 2007, pp. 103 � 123.
Asian Development Bank (2010), Key Indicators for Asia and the Pacific 2010, �The Rise of Asia�s Middle Class,� 41st Edition, 2010, Philippines: Asian Development Bank, August 2010, 283 pp.
Pew Global Attitudes Project (2010) (http:/ /pewglobal.org/files/2010/10/Pew-Global-Attitudes-India-Report-FINAL-October-20- 2010.pdf), Indians See Threat From Pakistan, Extremist Groups, Released: Wednesday, October 20, 2010; Accessed online 12 December 2010
The Chinese Central Government�s Official Web Portal (http://www.gov.cn/english/leaders/wenjiabao.htm); Accessed online 16-20 December 2010
�Chinese premier calls for enhanced cooperation, trade with India (http:// www.gov.cn/english/2010-12/16/content_1766862.htm)�
�China-India friendship,� Chinese premier tells teenagers in India with calligraphy (http://www.gov.cn/english/2010-12/16/content_1766822.htm)�
Ministry of External Affairs (http://www.mea.gov.in/)
Ministry of Foreign Affairs of the People�s Republic of China (http://www.mfa.gov.cn/eng/)
�We�ll be able to reach strategic consensus, says Wen (http:// www.hindustantimes.com/specials/coverage/jiabaovisit/We-ll-be-able-to-reachstrategic-consensus-says-Wen/newdelhi/SP-Article10-639024.aspx),� Hindustan Times
�Prime Minister and Wen to talk trade, stir sticky issues (http://www.hindustantimes.com/Prime-Minister-andWen-to-talk-trade-stir-sticky-issues/Article1-639018.aspx),� Hindustan Times
�India, China developing relationship of substance: Indian ambassador (http:// news.xinhuanet.com/english2010/china/2010-12/13/c_13646832.htm),� Xinhua News
�Jiabao�s visit to focus on strengthening Indo-China trade (http:// www.moneycontrol.com/news/cnbc-tv18-comments/jiabaos-visit-tofocusstrengthening-indo-china-trade_505188.html),� CNBC
�Has Chinese premier�s visit strengthened India-China bonds? (http:// www.moneycontrol.com/news/current-affairs/has-chinese-premiers-visitstrengthened-india-china-bonds_505516.html),� CNBC
�China-India ties fragile, need special care: Chinese envoy (http:// timesofindia.indiatimes.com/india/China-India-ties-fragile-need-special-careChinese-envoy-/articleshow/7092210.cms),� The Times of India
�RCom to raise $1.9 bn from China bank (http://timesofindia.indiatimes.com/ tech/news/telecom/RCom-to-raise-19-bn-from-China-bank/articleshow/ 7106651.cms),� The Times of India
�India, China cement ties with 49 pacts (http://financialexpress.com/news/indiachina-cement-ties-with-49-pacts/725349/2),� Financial Express
�China�s domestic demand push boon for Indian exporters (http:// www.financialexpress.com/news/chinas-domestic-demand-push-boon-forindian-exporters/724771/2),� Financial Express
�Indian drug firms look to scale the Great Wall (http:// www.financialexpress.com/news/indian-drug-firms-look-to-scale-the-greatwall/724785/),� Financial Express
�Pact on financial services likely to open doors for Chinese banks (http:// www.financialexpress.com/news/pact-on-financial-services-likely-to-open-doorsfor-chinese-banks/724780/),� Financial Express
�India, China May Sign Banking Accord During Wen Jiabao�s Visit (http:// www.bloomberg.com/news/2010-12-13/india-china-may-sign-banking-accord-during-wen-visit-easing-icbc-s-entry.html),� Bloomberg
�Shanghai Halts Fixed-Asset Lending through Year End (http://online.wsj.com/ article/SB10001424052748703929404576022550653865350.html), � The Wall Street Journal
�PBOC Officials: Interest Rate Hike Could Hamper Economic Soft Landing (http:/ /online.wsj.com/article/BT-CO-20101220-702333.html),� The Wall Street Journal
�Foreign Ministers should look into pending issues: Wen (http:// www.thehindu.com/news/national/article956137.ece),�
�Officials should sort out stapled visa issue: Wen (http://www.thehindu.com/ news/national/article956256.ece),� The Hindu
�Muslim women lead protests in restive west China (http:// www.msnbc.msn.com/id/31853732/ns/world_news-asia-pacific/),� MSNBC
�China�s Galloping Inflation (http://blogs.forbes.com/ gordonchang/2010/12/12/chinas-galloping-inflation/),� Gordon G. Chang | Forbes,
�Business interests further Sino-Indian ties (http://opinion.globaltimes.cn/ foreign-view/2010-12/603015.html),� GlobalTimes
�Al Qaeda urges Uighur jihad in China. So what? (http://www.csmonitor.com/ World/Global-News/2009/1008/al-qaeda-urges-uighur-jihad-in-china-so-what),�
�The story of Chinese monetary sterilization (http://www.livemint.com/2010/ 12/20215815/The-story-of-Chinese-monetary.html),�
�Chinese banks scaling back loans to ship owners, yards (http://www.businesstimes.com.sg/sub/shippingtimes/story/0,4574,417590- 1292443140,00.html?),� December 15, 2010,
Alessandrini, Michele and Tullio Buccellato (2008), �China, India and Russia: Economic reforms, structural change and regional disparities,� Economics Working Paper No.97, December 2008, London: Centre for the Study of Economic and Social Change in Europe, 33 pp.
Hoffmann, Steven A (1990), India and the China Crisis, Berkeley: University of California Press, 324 pp.
Malone, David M. and Rohan Mukherjee (2010), �India and China: Conflict and
Cooperation,� Survival, vol.52: 1, pp. 137-158.
Bajpaee, Chietigj (2007),�The Panda and the Peacock,� China Security, vol. 3 no. 4 Autumn 2007, pp. 103 � 123.
Asian Development Bank (2010), Key Indicators for Asia and the Pacific 2010, �The Rise of Asia�s Middle Class,� 41st Edition, 2010, Philippines: Asian Development Bank, August 2010, 283 pp.
Pew Global Attitudes Project (2010) (http:/ /pewglobal.org/files/2010/10/Pew-Global-Attitudes-India-Report-FINAL-October-20- 2010.pdf), Indians See Threat From Pakistan, Extremist Groups, Released: Wednesday, October 20, 2010; Accessed online 12 December 2010
The Chinese Central Government�s Official Web Portal (http://www.gov.cn/english/leaders/wenjiabao.htm); Accessed online 16-20 December 2010
�Chinese premier calls for enhanced cooperation, trade with India (http:// www.gov.cn/english/2010-12/16/content_1766862.htm)�
�China-India friendship,� Chinese premier tells teenagers in India with calligraphy (http://www.gov.cn/english/2010-12/16/content_1766822.htm)�
Ministry of External Affairs (http://www.mea.gov.in/)
Ministry of Foreign Affairs of the People�s Republic of China (http://www.mfa.gov.cn/eng/)
�We�ll be able to reach strategic consensus, says Wen (http:// www.hindustantimes.com/specials/coverage/jiabaovisit/We-ll-be-able-to-reachstrategic-consensus-says-Wen/newdelhi/SP-Article10-639024.aspx),� Hindustan Times
�Prime Minister and Wen to talk trade, stir sticky issues (http://www.hindustantimes.com/Prime-Minister-andWen-to-talk-trade-stir-sticky-issues/Article1-639018.aspx),� Hindustan Times
�India, China developing relationship of substance: Indian ambassador (http:// news.xinhuanet.com/english2010/china/2010-12/13/c_13646832.htm),� Xinhua News
�Jiabao�s visit to focus on strengthening Indo-China trade (http:// www.moneycontrol.com/news/cnbc-tv18-comments/jiabaos-visit-tofocusstrengthening-indo-china-trade_505188.html),� CNBC
�Has Chinese premier�s visit strengthened India-China bonds? (http:// www.moneycontrol.com/news/current-affairs/has-chinese-premiers-visitstrengthened-india-china-bonds_505516.html),� CNBC
�China-India ties fragile, need special care: Chinese envoy (http:// timesofindia.indiatimes.com/india/China-India-ties-fragile-need-special-careChinese-envoy-/articleshow/7092210.cms),� The Times of India
�RCom to raise $1.9 bn from China bank (http://timesofindia.indiatimes.com/ tech/news/telecom/RCom-to-raise-19-bn-from-China-bank/articleshow/ 7106651.cms),� The Times of India
�India, China cement ties with 49 pacts (http://financialexpress.com/news/indiachina-cement-ties-with-49-pacts/725349/2),� Financial Express
�China�s domestic demand push boon for Indian exporters (http:// www.financialexpress.com/news/chinas-domestic-demand-push-boon-forindian-exporters/724771/2),� Financial Express
�Indian drug firms look to scale the Great Wall (http:// www.financialexpress.com/news/indian-drug-firms-look-to-scale-the-greatwall/724785/),� Financial Express
�Pact on financial services likely to open doors for Chinese banks (http:// www.financialexpress.com/news/pact-on-financial-services-likely-to-open-doorsfor-chinese-banks/724780/),� Financial Express
�India, China May Sign Banking Accord During Wen Jiabao�s Visit (http:// www.bloomberg.com/news/2010-12-13/india-china-may-sign-banking-accord-during-wen-visit-easing-icbc-s-entry.html),� Bloomberg
�Shanghai Halts Fixed-Asset Lending through Year End (http://online.wsj.com/ article/SB10001424052748703929404576022550653865350.html), � The Wall Street Journal
�PBOC Officials: Interest Rate Hike Could Hamper Economic Soft Landing (http:/ /online.wsj.com/article/BT-CO-20101220-702333.html),� The Wall Street Journal
�Foreign Ministers should look into pending issues: Wen (http:// www.thehindu.com/news/national/article956137.ece),�
�Officials should sort out stapled visa issue: Wen (http://www.thehindu.com/ news/national/article956256.ece),� The Hindu
�Muslim women lead protests in restive west China (http:// www.msnbc.msn.com/id/31853732/ns/world_news-asia-pacific/),� MSNBC
�China�s Galloping Inflation (http://blogs.forbes.com/ gordonchang/2010/12/12/chinas-galloping-inflation/),� Gordon G. Chang | Forbes,
�Business interests further Sino-Indian ties (http://opinion.globaltimes.cn/ foreign-view/2010-12/603015.html),� GlobalTimes
�Al Qaeda urges Uighur jihad in China. So what? (http://www.csmonitor.com/ World/Global-News/2009/1008/al-qaeda-urges-uighur-jihad-in-china-so-what),�
�The story of Chinese monetary sterilization (http://www.livemint.com/2010/ 12/20215815/The-story-of-Chinese-monetary.html),�
�Chinese banks scaling back loans to ship owners, yards (http://www.businesstimes.com.sg/sub/shippingtimes/story/0,4574,417590- 1292443140,00.html?),� December 15, 2010,
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