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RandyK
11-05 10:28 PM
I did not catch the whole speech but he was talking on the Senate floor about abuse in the H1B system, at the end he did say that he is not against increasing the cap for H1B's but he wanted that done with provisions to make sure the abuse of the system is prevented. He also said that he is willing to work with other Senators to fix this broken H1 system before the year end.
Do we anything more about this?
It looked like that he was introducing and amendment to a bill.
Do we anything more about this?
It looked like that he was introducing and amendment to a bill.
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sunny1000
04-18 06:03 PM
congrats and good luck!
masouds
09-17 02:01 PM
i'm using realplayer
Yeah, I needed that :-) Thanks!
Yeah, I needed that :-) Thanks!
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Krilnon
05-30 11:23 PM
The 1st of July is about a month from now.
more...
Macaca
02-01 04:44 PM
Obama made a statement last night we should fix the Borken Legal Immigration System.
That is a cliche. Everyone says it without knowing the details.
Obama has very poor understanding of issues. He has no idea how to solve most of the problems.
Lot of persons (like you :)) like him!
Billary (oops! Hillary) knows everything. She takes some cheap shots which she does't have to!
That is a cliche. Everyone says it without knowing the details.
Obama has very poor understanding of issues. He has no idea how to solve most of the problems.
Lot of persons (like you :)) like him!
Billary (oops! Hillary) knows everything. She takes some cheap shots which she does't have to!
pmb76
07-16 02:35 PM
can someone pls post the link for the actual news clips
~S
here you go
http://www.youtube.com/watch?v=5iKpK...elated&search=
~S
here you go
http://www.youtube.com/watch?v=5iKpK...elated&search=
more...
nk2006
10-08 04:10 PM
Look at the previous post. Its a myth that NRIs are buying up all these high end properties.
Indian real estate market is fueled by the black money india. They are using NRIs as a facade. Investing in realestate legitimizes that money. Now they don't care how much rent they are getting. It makes no business sense at all. You and me cannot comepete with them.
You are right on - most of conversations/analysis on RE market in India (especially Hyderabad which I am familiar with) center around how NRI/IT employee money has spurred the prices. its a big urban legend. Majority of these "investments" were with black money - corrupt govt employees, local businessmen, and politicians of all parties, and ultra rich actors. They saw a chance in converting their black money into white and pumped up into RE projects as "investments". I saw a report somewhere which said that these black-money transactions can account for atleast 33% of RE transactions in hyderabad (with another 1/3 coming from companies/FII's and only the other 1/3 from NRI's + local rich professionals like IT employees/doctors/lawyers etc). In the apartment and SF homes market most of the projects are in the mid-way thru completion -with majority of apartment projects scheduled to complete in 2009-11. During that time there will be abundant apartments with not many people living in them - expect to see rental prices go down even more.
Of course these investors would eventually try to cash their assets - and deman vs supply equations change dramatically to drag down prices. In addition to this - the current global economic conditions are bad (to put it very mildly) - the argument that it will not touch India may not be correct. Our economy is a lot smaller than other economies like US/europe and depend a lot on those economies - more financial companies bankruptsies would affect IT companies revenues. Also there were direct investments from some of the failed companies in India - for example Lehman Bros had a investment in one of apartment project in Hyderabad. Morgan Stanley, Merrill Lynch, etc. all have tie ups with RE companies with huge "promised" investments. Now that they themselves are in trouble - dont think that they would venture into indian RE market anymore - this can also potentially drag down prices.
I could be wrong (was saying that this would happen for last one year - it didnt happen so far ;)) - but I think buying an apartment/house in Hyderabad/Bangalore/Chennai now in 2008 as an "investment" is not a great idea. If the buy is to live there - then its another matter (I never look at my home as an investment - its more of a life style choice whether in India or in US).
Indian real estate market is fueled by the black money india. They are using NRIs as a facade. Investing in realestate legitimizes that money. Now they don't care how much rent they are getting. It makes no business sense at all. You and me cannot comepete with them.
You are right on - most of conversations/analysis on RE market in India (especially Hyderabad which I am familiar with) center around how NRI/IT employee money has spurred the prices. its a big urban legend. Majority of these "investments" were with black money - corrupt govt employees, local businessmen, and politicians of all parties, and ultra rich actors. They saw a chance in converting their black money into white and pumped up into RE projects as "investments". I saw a report somewhere which said that these black-money transactions can account for atleast 33% of RE transactions in hyderabad (with another 1/3 coming from companies/FII's and only the other 1/3 from NRI's + local rich professionals like IT employees/doctors/lawyers etc). In the apartment and SF homes market most of the projects are in the mid-way thru completion -with majority of apartment projects scheduled to complete in 2009-11. During that time there will be abundant apartments with not many people living in them - expect to see rental prices go down even more.
Of course these investors would eventually try to cash their assets - and deman vs supply equations change dramatically to drag down prices. In addition to this - the current global economic conditions are bad (to put it very mildly) - the argument that it will not touch India may not be correct. Our economy is a lot smaller than other economies like US/europe and depend a lot on those economies - more financial companies bankruptsies would affect IT companies revenues. Also there were direct investments from some of the failed companies in India - for example Lehman Bros had a investment in one of apartment project in Hyderabad. Morgan Stanley, Merrill Lynch, etc. all have tie ups with RE companies with huge "promised" investments. Now that they themselves are in trouble - dont think that they would venture into indian RE market anymore - this can also potentially drag down prices.
I could be wrong (was saying that this would happen for last one year - it didnt happen so far ;)) - but I think buying an apartment/house in Hyderabad/Bangalore/Chennai now in 2008 as an "investment" is not a great idea. If the buy is to live there - then its another matter (I never look at my home as an investment - its more of a life style choice whether in India or in US).
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wait4ever
10-30 07:38 AM
What is this reverse brain drain ? there is no such thing - folks who are here are going to hang on tooth & nail to stay here come hell or high water - the only ones who are going back are the ones who have no other option.
more...
pansworld
12-03 06:46 PM
I just thought I will play the devil's advocate.
It could be that $100 or $50 is a big amount for people. Maybe people do not make $80K a year, just half of that (there are may H1Bs like that). Micro-payments may be a better option for some people. Do we want to disallow those contributions as well? People who want to pay will pay and people who do not want to pay will not pay. I guess we just have to make sure that we donot deny the people who want to pay but cannot. :)
I am willing to go along with monthly payments as there seems to be a consensus on this forum that it is the best option.
Cheers
Thanks for your contribution.
Right, IV is not officially promoting this, and rightly so... every contributing member will then sign up for $10 a month, everyone else will complain about why it is not $5 a month.
What I meant is, if someone wants to contribute $60 over 6 months, they can do it rightaway. Just paypal it to donations at immigrationvoice.org, then remember to do it again after 6 months.
Why wait for IV to lay the red carpet, when you can walk in right now?
If there is the WILL, there is a way. But if you decide to wait for some scheme to sign up thousands of $10 contributors, then the day WILL never come.
This is not targetted to you, but this is for anyone & everyone who has been "considering" contributing for the last seveal weeks/months/years thinking about it everyday over a $2.5 cafe latte.
It could be that $100 or $50 is a big amount for people. Maybe people do not make $80K a year, just half of that (there are may H1Bs like that). Micro-payments may be a better option for some people. Do we want to disallow those contributions as well? People who want to pay will pay and people who do not want to pay will not pay. I guess we just have to make sure that we donot deny the people who want to pay but cannot. :)
I am willing to go along with monthly payments as there seems to be a consensus on this forum that it is the best option.
Cheers
Thanks for your contribution.
Right, IV is not officially promoting this, and rightly so... every contributing member will then sign up for $10 a month, everyone else will complain about why it is not $5 a month.
What I meant is, if someone wants to contribute $60 over 6 months, they can do it rightaway. Just paypal it to donations at immigrationvoice.org, then remember to do it again after 6 months.
Why wait for IV to lay the red carpet, when you can walk in right now?
If there is the WILL, there is a way. But if you decide to wait for some scheme to sign up thousands of $10 contributors, then the day WILL never come.
This is not targetted to you, but this is for anyone & everyone who has been "considering" contributing for the last seveal weeks/months/years thinking about it everyday over a $2.5 cafe latte.
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gcdedo
01-30 09:15 AM
This is good news..But the Damage is already been done..in the past.....
I guess DOL had some 300K cases pending when Backlog center started..It adjudicated some 150K till now.( Rough Estimate) and still 150 K left.
Even if considering 10000 Labors been substituted till now ...Imagine the wait period for rest of us. I wish this law was enacted, when they started Backlog centers..
Anyway..something is better than nothing....Hope for the Best...for new laws regarding SKIL,CIR Etc..atleast filing 485 when Visa numbers are not available..
--gcdedo
I guess DOL had some 300K cases pending when Backlog center started..It adjudicated some 150K till now.( Rough Estimate) and still 150 K left.
Even if considering 10000 Labors been substituted till now ...Imagine the wait period for rest of us. I wish this law was enacted, when they started Backlog centers..
Anyway..something is better than nothing....Hope for the Best...for new laws regarding SKIL,CIR Etc..atleast filing 485 when Visa numbers are not available..
--gcdedo
more...
aruny5
06-14 08:17 PM
I called all representative's office. Called all Hispanic causas Representative too. I called Alabama Congressman Jo Bonner's office...........Also called Alabama Senator Jeff Session's and Senator Richard Shelby's office. My wife will call them from different phone.
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never_giveup
09-17 01:37 PM
If today its approved in the house..we are done..it goes the Prez for signing and we all add another card to our wallets:o
And don't forget to wait for you mail man everyday satrting tomorrow, as he will not drop it in the mail box. Instead he would deliver it in hand with a special message from Bushy :p
And don't forget to wait for you mail man everyday satrting tomorrow, as he will not drop it in the mail box. Instead he would deliver it in hand with a special message from Bushy :p
more...
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maddipati1
09-25 03:52 PM
those who are defending IV has more green dots coz, they are the ones who do all the volunteer work and involve actively.
get it! now can u rest for a while not ur case :-)
Just an observation -
Folks who are defending IV has a lot of Green dots -
I rest my case.
get it! now can u rest for a while not ur case :-)
Just an observation -
Folks who are defending IV has a lot of Green dots -
I rest my case.
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Steven_jd
06-12 11:15 AM
because I'm a green lover here's a greenish from me (-:
thats looks nice dude as we say in the other world (star wars)
may we part in peace
and may the forum be with you
nice post lol
thats looks nice dude as we say in the other world (star wars)
may we part in peace
and may the forum be with you
nice post lol
more...
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anzerraja
07-20 09:40 AM
There is a funding drive in this other thread towards reimbursing the administrative costs of IV.
http://immigrationvoice.org/forum/sh...ad.php?t=10708
Could you please pledge an amount ?
I am very moved by the efforts of Aman Kapoor. Thank you!
http://immigrationvoice.org/forum/sh...ad.php?t=10708
Could you please pledge an amount ?
I am very moved by the efforts of Aman Kapoor. Thank you!
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smisachu
07-30 05:51 PM
I agree. These ETFs are too risky. With so many pros in the game nothing is easy nowadays. As you had mentioned in one of your post, the market for individuals is as close to gambling as it gets.
If you cannot make trading your profession then Invest don't trade. Or trade options where you don't have to watch tick by tick.
Hey guys who are scolding us that this is not related to immigration- Common cut us some slack. Can we discuss just immigration 365 days when we are the only ones doing it and policy makers dont care about us? We will go nuts doing it. What is the harm if we all discuss other stuff. Maybe there could be a seperate thread or something for discussing non immigration stuff. As a community we should be able to discuss and share other stuff than just our frustrations.
If you cannot make trading your profession then Invest don't trade. Or trade options where you don't have to watch tick by tick.
Hey guys who are scolding us that this is not related to immigration- Common cut us some slack. Can we discuss just immigration 365 days when we are the only ones doing it and policy makers dont care about us? We will go nuts doing it. What is the harm if we all discuss other stuff. Maybe there could be a seperate thread or something for discussing non immigration stuff. As a community we should be able to discuss and share other stuff than just our frustrations.
more...
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gc28262
11-02 11:43 PM
Let us give a send off to the guy who started this thread.
If he is a GC aspirant he doesn't deserve it.
If he is an anti-immigrant, he doesn't deserve to be in this country. He is here by accident. ( birth)
If he is a GC aspirant he doesn't deserve it.
If he is an anti-immigrant, he doesn't deserve to be in this country. He is here by accident. ( birth)
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nojoke
10-09 04:54 PM
Before I go any further, please read my disclaimer. The views are soley directed towards local market I am aware of and interests in i.e. GMADA ( Punjab/ Chandigarh area) and in no-way should my views/ opionion be applied to flats in Bombay/ Banglore or Hyd etc. With that said, hear me out.
Their is and last year I first hand expereienced massive infrastrucutral development going on in Delhi as well as in Chandigarh/ Punjab area. Their are supposed to be some Asian or Commonwealth games to happen in 2010. In addition to that, for some great reasons it appears the states closer to national capital had been lacking in basic infrastructural development. Can you believe Bombay-Pune highway is in better conditions than Ludhiana- Delhi, National Highway #1!. FYI: NH-1, is India's historically first highway criss-corssing the country from West to East. So they are playing the catchup game.
With improved basic infrastructure, living and commuting from satillite cities has become much easier than it was 10 yrs ago. Just like sub-urbs here, people want to enjoy life-style that is un-affordable in city centers. The NRI spending clout has wanned in recent years due to rapid development and growth in India. So the babus, politcians, industrialists, cops, Rich middle-class etc are coming in and taking away most of the RE. In addition to that, the basic infrastrucutral development funded by Government is giving a lot of monies to people whose farming land is being acquired to setup airport or industrial/ residentail sectors. These recently cash-rich farmers are not investing back in buying adjoining farm land but also investing in urban properties. You won't believe, but people were compensated quarter million per acre for recent Mohali/ Chd airport expansion. On top of all this, they ever growing population and shrinking available land is organically raising the prices.
With all that going, why would you think RE investment would fail? Plus remember the age-old adage "... Land never fails you." Jats do it!
Your theory that land values never fall in india is not true. Here is the proof. It is a question of affordability. Even if the population explodes and since most of them are poor, there is no justification for such high price appreciation we had in the last 5 years.
http://www.ciol.com/content/news/2006/106042710.asp
-------------------------------------------------------------
�From the peak level, prices started plummeting in 1995. Between 1995 and 2000, the property bubble built on speculations burst and prices declined by almost 30�40 per cent all across India, including Bangalore. There was a slight recovery in 1999-2000 period, riding on the dotcom boom.�
Their is and last year I first hand expereienced massive infrastrucutral development going on in Delhi as well as in Chandigarh/ Punjab area. Their are supposed to be some Asian or Commonwealth games to happen in 2010. In addition to that, for some great reasons it appears the states closer to national capital had been lacking in basic infrastructural development. Can you believe Bombay-Pune highway is in better conditions than Ludhiana- Delhi, National Highway #1!. FYI: NH-1, is India's historically first highway criss-corssing the country from West to East. So they are playing the catchup game.
With improved basic infrastructure, living and commuting from satillite cities has become much easier than it was 10 yrs ago. Just like sub-urbs here, people want to enjoy life-style that is un-affordable in city centers. The NRI spending clout has wanned in recent years due to rapid development and growth in India. So the babus, politcians, industrialists, cops, Rich middle-class etc are coming in and taking away most of the RE. In addition to that, the basic infrastrucutral development funded by Government is giving a lot of monies to people whose farming land is being acquired to setup airport or industrial/ residentail sectors. These recently cash-rich farmers are not investing back in buying adjoining farm land but also investing in urban properties. You won't believe, but people were compensated quarter million per acre for recent Mohali/ Chd airport expansion. On top of all this, they ever growing population and shrinking available land is organically raising the prices.
With all that going, why would you think RE investment would fail? Plus remember the age-old adage "... Land never fails you." Jats do it!
Your theory that land values never fall in india is not true. Here is the proof. It is a question of affordability. Even if the population explodes and since most of them are poor, there is no justification for such high price appreciation we had in the last 5 years.
http://www.ciol.com/content/news/2006/106042710.asp
-------------------------------------------------------------
�From the peak level, prices started plummeting in 1995. Between 1995 and 2000, the property bubble built on speculations burst and prices declined by almost 30�40 per cent all across India, including Bangalore. There was a slight recovery in 1999-2000 period, riding on the dotcom boom.�
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ronhira
07-17 10:53 PM
Is it possible to add VISA recapture to this bill? ????
Family reuniting Bill H.R. 2709 Introduced Jun 4, 2009.
H.R. 2709: Reuniting Families Act (GovTrack.us) (http://www.govtrack.us/congress/bill.xpd?bill=h111-2709)
you got it! its done.... only because u said it.... for such a brilliant idea which no one could think..... i want to nominate you for the president of the united states of america
proud member of 'GCperm for president'!!!!
Family reuniting Bill H.R. 2709 Introduced Jun 4, 2009.
H.R. 2709: Reuniting Families Act (GovTrack.us) (http://www.govtrack.us/congress/bill.xpd?bill=h111-2709)
you got it! its done.... only because u said it.... for such a brilliant idea which no one could think..... i want to nominate you for the president of the united states of america
proud member of 'GCperm for president'!!!!
legitimateh1b
01-20 09:55 PM
I dont see how genuine consulting firms will be affected by this. Those who employ people on H1B with genuine clients will be OK. Only consulting firms who bring/hire H1b employees without any project will be impacted. In my opinion this will help avoid the benching practice...
Did I miss something?
You did not miss anything. Those affected are bodyshop people who abuse the system. This memo is really good for those of us who do not support abuse. If these abusers get kicked out at POE and their I140 and I485 are denied, it may make more room for those of us who have not cheated the system. If my application is in Q behind these abusers, then I surely want these guys kicked out.
Did I miss something?
You did not miss anything. Those affected are bodyshop people who abuse the system. This memo is really good for those of us who do not support abuse. If these abusers get kicked out at POE and their I140 and I485 are denied, it may make more room for those of us who have not cheated the system. If my application is in Q behind these abusers, then I surely want these guys kicked out.
easygoer
08-25 12:51 PM
ICICI is good at advertising false figures (with our money of course) and SBI is little delayed in updating their websites - does that solves the equation :)
SBI rate is 43.21 for $4001 but i'm sure that's not latest because the website is not updated hour by hour ( like ICICI/R2i/C2i at least do for AD) but I've seen honesty in SBI's dealings when they actually convert $ to Rs. Even if the website shows lower rates they converted my money with higher rates because the market rate was higher during conversion.
I would trust SBI more than ICICI for customer friendly charges. As far as efficiency concern, ICICI may be better. As a merchant banker in India I have dealt with both of them during 90's.
SBI rate is 43.21 for $4001 but i'm sure that's not latest because the website is not updated hour by hour ( like ICICI/R2i/C2i at least do for AD) but I've seen honesty in SBI's dealings when they actually convert $ to Rs. Even if the website shows lower rates they converted my money with higher rates because the market rate was higher during conversion.
I would trust SBI more than ICICI for customer friendly charges. As far as efficiency concern, ICICI may be better. As a merchant banker in India I have dealt with both of them during 90's.
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