images wallpaper Amor seco
SGP
04-02 05:22 PM
$$$$$$$$$$$$$$$GOOD EVENING GC$$$$$$$$$$$$$$$$
Deadline = April 30th, 2011
Goal = 5000 votes on survey (see I-485 filing w/o current PD thread) and momentum to continue with this campaign.The survey is a platform to gather and push for launching action items. Based on response by 04/30/2011 - IV will decide whether to even proceed with initiative or not.
Actions - 1) Vote on survey.
2)Email ivcoordinator@gmail.com with PD, ph#,email & subject "I485 filing impacted�,
3)Print/Circulate Fliers and spread FB, wiki link (see "support thread")
Dear IV Members,
If you believe that your success depends on your immigration process - whether it's the ability to file I-485 earlier or to get green-card and citizenship sooner or whether it's the ability of your spouse to work - then you have to believe that your success somehow depends on the success of Immigration voice and these 170 volunteers in DC next week.
As you may know, we are just one more week away from hosting Advocacy day in Washington DC where about 170 members of Immigration Voice will conduct nearly 250 meetings with offices of Senators and Congressmen. Such events cost money. If we have enough contributions, we can spend as per our budget of nearly $ 50,000. If not, we will have to cut back on the event spending and reduce the magnitude and size of the event.
If you are not coming to DC next week, please do your part and contribute funds to Immigration Voice. It not only finances the event properly, it instills pride and confidence in the members who will be there in DC that there are thousands of willing supporters behind them who could not be there physically but are 100% with them in their determination and resolve.
For background click here -> Announcement about April 2011 Advocacy Days (http://immigrationvoice.org/forum/forum85-action-items-for-everyone/1901186-action-item-advocacy-days-in-washington-dc-in-april-2011-a.html#post2301599)
Contribute to Advocacy Event on the Capitol Hill (http://immigrationvoice.org/index.php?option=com_content&task=view&id=26&Itemid=44#onetimepaypal) (All one-time contributions will go towards organizing the Advocacy Days event)
Deadline = April 30th, 2011
Goal = 5000 votes on survey (see I-485 filing w/o current PD thread) and momentum to continue with this campaign.The survey is a platform to gather and push for launching action items. Based on response by 04/30/2011 - IV will decide whether to even proceed with initiative or not.
Actions - 1) Vote on survey.
2)Email ivcoordinator@gmail.com with PD, ph#,email & subject "I485 filing impacted�,
3)Print/Circulate Fliers and spread FB, wiki link (see "support thread")
Dear IV Members,
If you believe that your success depends on your immigration process - whether it's the ability to file I-485 earlier or to get green-card and citizenship sooner or whether it's the ability of your spouse to work - then you have to believe that your success somehow depends on the success of Immigration voice and these 170 volunteers in DC next week.
As you may know, we are just one more week away from hosting Advocacy day in Washington DC where about 170 members of Immigration Voice will conduct nearly 250 meetings with offices of Senators and Congressmen. Such events cost money. If we have enough contributions, we can spend as per our budget of nearly $ 50,000. If not, we will have to cut back on the event spending and reduce the magnitude and size of the event.
If you are not coming to DC next week, please do your part and contribute funds to Immigration Voice. It not only finances the event properly, it instills pride and confidence in the members who will be there in DC that there are thousands of willing supporters behind them who could not be there physically but are 100% with them in their determination and resolve.
For background click here -> Announcement about April 2011 Advocacy Days (http://immigrationvoice.org/forum/forum85-action-items-for-everyone/1901186-action-item-advocacy-days-in-washington-dc-in-april-2011-a.html#post2301599)
Contribute to Advocacy Event on the Capitol Hill (http://immigrationvoice.org/index.php?option=com_content&task=view&id=26&Itemid=44#onetimepaypal) (All one-time contributions will go towards organizing the Advocacy Days event)
wallpaper á
hoping12
02-21 12:30 PM
Hello All,
I am also in the similar suituation.
Left company A and joined company B(H1B transfer approved), Company B applied for I140 using labor substitute.
But when i am checking my previous company A's H1b status it is showing 'The case is reopened'.
I am very much worried about the same.
Some suggestions will be very much helpful.
I am also in the similar suituation.
Left company A and joined company B(H1B transfer approved), Company B applied for I140 using labor substitute.
But when i am checking my previous company A's H1b status it is showing 'The case is reopened'.
I am very much worried about the same.
Some suggestions will be very much helpful.
sobers
02-22 11:16 AM
Thanks Guys! Actually it is I who should be thanking you for all the great work and leadership you are showing:-)
I'm working on framing a letter to Karnik. In the meanwhile, here is what his email should be:
kkarnik@nasscom.in
They can also be contacted via
http://www.nasscom.org/contactus.asp
Their advocacy of H1B visas, particulary at this time, will harm more than help us...
I'm working on framing a letter to Karnik. In the meanwhile, here is what his email should be:
kkarnik@nasscom.in
They can also be contacted via
http://www.nasscom.org/contactus.asp
Their advocacy of H1B visas, particulary at this time, will harm more than help us...
2011 Amor seco / Zarzaparrilla
kubmilegaGC
09-14 11:38 PM
My lawyer put in a SR on Sept 1. On Sept 11 i recd. the email saying that i was approved. My situation was similar to yours. Same company for 8 years, no RFE - infact no updates on my online status since Sept 2007 when it was first updated to reflect the fact that the application was recd at NSC. So i am assuming that SR triggered review of the application but with USCIS who knows.
Hopefully you will get your approval soon if my case is any indicator (admitted the sample size = 1)
Good luck,
Krishnan
details:
PD : April 2004
July 2nd Filer
I-485 approved : 9/11/09
CPO : 9/11/09
I have now 2 SRs one was opened on 9/4 (for myself - primary applicant) and one on 9/11 my wife - she got reply today like 1 working day after - which is surprising - that " her case is with the officer and getting reviewed - I guess the standard reply.
I hope the SAMPLE OF SIZE of 1 works for everybody. Thanks for voting!
Hopefully you will get your approval soon if my case is any indicator (admitted the sample size = 1)
Good luck,
Krishnan
details:
PD : April 2004
July 2nd Filer
I-485 approved : 9/11/09
CPO : 9/11/09
I have now 2 SRs one was opened on 9/4 (for myself - primary applicant) and one on 9/11 my wife - she got reply today like 1 working day after - which is surprising - that " her case is with the officer and getting reviewed - I guess the standard reply.
I hope the SAMPLE OF SIZE of 1 works for everybody. Thanks for voting!
more...
gveerab
11-10 03:43 PM
I know some people came here on H1b last year and were able to get EAD. For them it's OK to wait on h1b and keep the EID in safe locker.
But for those who have been here on H1b for long time with many 1 year extensions, it's good idea to use EAD and make as much money you can or at least try to make. If some thing happens to GC application, I don't think we will have enough time and patience to apply once again and wait for the GC.
If you use EAD and make enogh money by the time GC rejected, go back to home country and take early retirement instead of re-appalying for GC and praying the GOD.
But for those who have been here on H1b for long time with many 1 year extensions, it's good idea to use EAD and make as much money you can or at least try to make. If some thing happens to GC application, I don't think we will have enough time and patience to apply once again and wait for the GC.
If you use EAD and make enogh money by the time GC rejected, go back to home country and take early retirement instead of re-appalying for GC and praying the GOD.
seahawks
07-18 10:15 AM
Signed.
Thank you. Please encourage everyone to sign too. H1 visas have a fee to retrain, educate students in math and science. It amounts to billions of dollars that is used for educating students here. I think we need to educate him and not put up with whatever he feels can say and untrue. Besides we have all contributed and have not strained any support system like social security, medicare.
Thank you. Please encourage everyone to sign too. H1 visas have a fee to retrain, educate students in math and science. It amounts to billions of dollars that is used for educating students here. I think we need to educate him and not put up with whatever he feels can say and untrue. Besides we have all contributed and have not strained any support system like social security, medicare.
more...
thepaew
12-13 03:53 PM
I agree. I feel that the only thing that would be acheived if IV became a paid website is loss of membership. Then our PR documents will start with "IV is an organization of 200 members who are affected by ... "
Human nature is such that a few lead and others follow. We should recognize this and move on.
Human nature is such that a few lead and others follow. We should recognize this and move on.
2010 Purchase Amor Seco Herb Powder
alisa
02-11 08:05 PM
Anytime such discussions come up, invariably a few people jump on board threatening to quit IV. Who are you threatening? Are you helping yourself by quitting the fight to solve your problem?
First of all, I am not threatening to quit IV.
Secondly, even if I quit, its not going to matter to IV.
IV's goal is to fight retrogression. So whoever wants to fight retrogression should stay on board.
Thats why I am here. However, everytime someone talks about giving visa numbers from EB3-ROW to EB-2 India/China as the ONLY freaking thing in the world to do, I have to point it out to them that they are talking taking those visa numbers away from ROW-EB3. And that my friend, is not in the interest of ROW-EB3. Nor does it benefit India-EB3, or China EB-3.
However, it is the privilege of a few affected people to discuss their problems on these threads. You are not obligated to follow these discussions if they are not to your taste. It is a legitimate question.
I also enjoy that very same privilege. We are not here for things that we appeal to our 'taste'. This is not a forum discussing 'Borat'. We are here to talk about our interests as they relate to greencard and retrogression.
Clearly USCIS is using one interpretation of the law while there is another possible one.
Exactly. USCIS is using an interpretation of the law. EB-2 India doesn't like the current interpretation. EB-3 ROW doesn't like the alternate interpretaion. EB-3 India doesn't care. If you can say you don't like the current interpretation, you should be ready to hear form others that they don't like the alternate interpretation.
The discussion here doesn't mean that IV will flip tomorrow and say they will fight for only India/China EB2s.
Thats why I am still here. Thats why ROW-EB3 is here. And thats why India-EB3 and China EB-3 are here.
Here is the current situation, as of Febuary 11th, 2007.
EB-3 ROW : BaselineA
EB-3 India : BaselineB
EB-2 India : BaselineC
We make efforts, and then this happens.
Outcome 1:
EB-3 ROW : BaselineA - DeltaA
EB-3 India : BaselineB
EB-2 India : BaselineC + DeltaA
Clearly, this is not an optimal solution.
IV's goals should be, and to the best of my knowledge, are:
Outcome 2:
EB-3 ROW : BaselineA + DeltaA
EB-3 India : BaselineB + DeltaB
EB-2 India : BaselineC + DeltaC
Maybe, DeltaC is the biggest delta and EB-2 India becomes current in a single month. Thats ok. Thats great.
Anytime you talk about Outcome1, you will give a pause to people like me (EB-3 ROW). Lets focus on Outcome2, and you will have my wholehearted support.
First of all, I am not threatening to quit IV.
Secondly, even if I quit, its not going to matter to IV.
IV's goal is to fight retrogression. So whoever wants to fight retrogression should stay on board.
Thats why I am here. However, everytime someone talks about giving visa numbers from EB3-ROW to EB-2 India/China as the ONLY freaking thing in the world to do, I have to point it out to them that they are talking taking those visa numbers away from ROW-EB3. And that my friend, is not in the interest of ROW-EB3. Nor does it benefit India-EB3, or China EB-3.
However, it is the privilege of a few affected people to discuss their problems on these threads. You are not obligated to follow these discussions if they are not to your taste. It is a legitimate question.
I also enjoy that very same privilege. We are not here for things that we appeal to our 'taste'. This is not a forum discussing 'Borat'. We are here to talk about our interests as they relate to greencard and retrogression.
Clearly USCIS is using one interpretation of the law while there is another possible one.
Exactly. USCIS is using an interpretation of the law. EB-2 India doesn't like the current interpretation. EB-3 ROW doesn't like the alternate interpretaion. EB-3 India doesn't care. If you can say you don't like the current interpretation, you should be ready to hear form others that they don't like the alternate interpretation.
The discussion here doesn't mean that IV will flip tomorrow and say they will fight for only India/China EB2s.
Thats why I am still here. Thats why ROW-EB3 is here. And thats why India-EB3 and China EB-3 are here.
Here is the current situation, as of Febuary 11th, 2007.
EB-3 ROW : BaselineA
EB-3 India : BaselineB
EB-2 India : BaselineC
We make efforts, and then this happens.
Outcome 1:
EB-3 ROW : BaselineA - DeltaA
EB-3 India : BaselineB
EB-2 India : BaselineC + DeltaA
Clearly, this is not an optimal solution.
IV's goals should be, and to the best of my knowledge, are:
Outcome 2:
EB-3 ROW : BaselineA + DeltaA
EB-3 India : BaselineB + DeltaB
EB-2 India : BaselineC + DeltaC
Maybe, DeltaC is the biggest delta and EB-2 India becomes current in a single month. Thats ok. Thats great.
Anytime you talk about Outcome1, you will give a pause to people like me (EB-3 ROW). Lets focus on Outcome2, and you will have my wholehearted support.
more...
satishku_2000
05-24 01:08 PM
They want to charge $8500 for every renewal . I have a better idea here , make H1 valid for 3 months instead of 3 years, More money for these guys.
All of these guys are competing give amnesty at the same punishing employers who play by the rules.
These guys should be ashamed themselves. I dont be suprised if some of desi consulting companies encourage people to convert from H1 to Z1.
All of these guys are competing give amnesty at the same punishing employers who play by the rules.
These guys should be ashamed themselves. I dont be suprised if some of desi consulting companies encourage people to convert from H1 to Z1.
hair Amor seco
ThinkTwice
07-11 05:08 PM
Non Bay area members please volunteer to call, inform and encourage IV members to join the rally.
The Active Bay area chapter members are swamped with other action items.
Please Help!
Fellow IVians or IVers. Whichever you prefer:
You may not be able to attend the San Jose rally but you can still be part of the effort by volunteering to help call the members in California and inform them about this event. You can call even if you are on the East Coast. This is urgent!
This will help us focus on other logistic issues like banners, posting flyers.
Your help will make the San Jose peaceful walk a success!
The Active Bay area chapter members are swamped with other action items.
Please Help!
Fellow IVians or IVers. Whichever you prefer:
You may not be able to attend the San Jose rally but you can still be part of the effort by volunteering to help call the members in California and inform them about this event. You can call even if you are on the East Coast. This is urgent!
This will help us focus on other logistic issues like banners, posting flyers.
Your help will make the San Jose peaceful walk a success!
more...
superdude
07-17 10:48 PM
Let us ask IV Core. Thier leadership has been awesome
hot amor seco. AMOR SECO.
immiusa
06-17 11:48 AM
Try from american company. One of my friend had problems with claims when bought insurance from K.V Rao.
Any insurance is fine if you are not claiming. The real trouble comes, when you need to use the insurance & claim money back.
No insurance covers pre-existing condition
Any insurance is fine if you are not claiming. The real trouble comes, when you need to use the insurance & claim money back.
No insurance covers pre-existing condition
more...
house 2011 Amor seco acuatico Bidens
go_guy123
06-13 01:22 AM
IT IS AS SIMPLE AS THIS ----
IV has to convince the government that this mess was created because close to 100000 visas were WASTED/UnUsed while BEC was busy(or not busy) sorting through the cases. If it is the mistake of a govt department, then the govt should fix it by recapturing these visas. They will act only when you make them look bad or file a suit against them. Why hasn't IV been able to push a simple argument like this????
If only it was that simple. There is too much of corporate vested interest
to allow the H1B servitude to go on. So much vested interests in the
Hispanic caucus not to allow "only" EB reform to pass without CIR.
IV has to convince the government that this mess was created because close to 100000 visas were WASTED/UnUsed while BEC was busy(or not busy) sorting through the cases. If it is the mistake of a govt department, then the govt should fix it by recapturing these visas. They will act only when you make them look bad or file a suit against them. Why hasn't IV been able to push a simple argument like this????
If only it was that simple. There is too much of corporate vested interest
to allow the H1B servitude to go on. So much vested interests in the
Hispanic caucus not to allow "only" EB reform to pass without CIR.
tattoo Amor-seco / Andropogon
snathan
04-26 03:13 PM
http://www.businessweek.com/bwdaily/dnflash/content/apr2009/db20090423_219068.htm
But advocates for skilled immigrants�many of whom remain stuck for years on H-1Bs waiting in the long queue for permanent residency�worry that the bill is a political maneuver rather than an earnest effort at reform. Aman Kapoor, president of the skilled immigrant advocate group Immigration Voice, says that a more effective bill would ensure H-1B visa workers are on a level playing field with U.S. workers. "Skilled immigrants on H-1Bs don't get the same rights and protections as everyone else," says Kapoor. "So wouldn't the solution be to empower and enable the skilled immigrants on H-1Bs such that�skilled immigrants on H-1s have adequate protections so that no one can take advantage of [them]? But no one wants to talk about protections for skilled immigrants."
I posted my commnets on thiss....did you.
But advocates for skilled immigrants�many of whom remain stuck for years on H-1Bs waiting in the long queue for permanent residency�worry that the bill is a political maneuver rather than an earnest effort at reform. Aman Kapoor, president of the skilled immigrant advocate group Immigration Voice, says that a more effective bill would ensure H-1B visa workers are on a level playing field with U.S. workers. "Skilled immigrants on H-1Bs don't get the same rights and protections as everyone else," says Kapoor. "So wouldn't the solution be to empower and enable the skilled immigrants on H-1Bs such that�skilled immigrants on H-1s have adequate protections so that no one can take advantage of [them]? But no one wants to talk about protections for skilled immigrants."
I posted my commnets on thiss....did you.
more...
pictures An Mamundoong Amorseco
october2001
12-12 11:39 PM
hi october2001,
Did you use PO box as address on I-485? I had heard USCIS does not accept PO box as address in I-485.
they do according to my lawyer and I got my welcome notice the last time sent to my PO BOX the first time they sent the Welcome notice they sent it to my physical address not PO BOX but because the address didn't have the C/O name of my friend and then my name so the mailman when He read the name and looked in the mailbox he didn't found my name so he returned it to the sender USCIS if USCIS wrote C/O...he would of let it (the mailman) the second time USCIS sent it to my PO BOX directly ( what they did they included the original envelope that was sen to my physical address with the return to sender tag and the time received and sent ... + the original Welcome notice with the physical address on it all these two item sent in another envelope sent to my PO BOX
I hope this is clear
Did you use PO box as address on I-485? I had heard USCIS does not accept PO box as address in I-485.
they do according to my lawyer and I got my welcome notice the last time sent to my PO BOX the first time they sent the Welcome notice they sent it to my physical address not PO BOX but because the address didn't have the C/O name of my friend and then my name so the mailman when He read the name and looked in the mailbox he didn't found my name so he returned it to the sender USCIS if USCIS wrote C/O...he would of let it (the mailman) the second time USCIS sent it to my PO BOX directly ( what they did they included the original envelope that was sen to my physical address with the return to sender tag and the time received and sent ... + the original Welcome notice with the physical address on it all these two item sent in another envelope sent to my PO BOX
I hope this is clear
dresses Amor seco / Zarzaparrilla
sledge_hammer
07-18 11:05 AM
You mean EAD, not AP, right? AP can be used in conjunction with EAD.
Also, you can file for both EAD and AP and not use it. Just having the two will not force you to have 1 year extenstions. You can still get 3 year extensions if you don't use EAD and AP.
Am I right, friends?
After you apply for AP its only 1 year H1 increments.
Also, you can file for both EAD and AP and not use it. Just having the two will not force you to have 1 year extenstions. You can still get 3 year extensions if you don't use EAD and AP.
Am I right, friends?
After you apply for AP its only 1 year H1 increments.
more...
makeup amor seco
awenger
07-30 03:28 PM
Hello IVians,
As we all await our GCs, I thot we can explore some investment vehicles.
Does anyone here have experience with commodity trading?
Can we trade in commodities on H1 or L1 status?
Is it too risky like forex trading?
Who are the online brokers offer commodity trading?
Is there a minimum account balance / trade required every month or so?
Pls share your experience. Thanks!
Why / How is this relevant in an immigration forum?
As we all await our GCs, I thot we can explore some investment vehicles.
Does anyone here have experience with commodity trading?
Can we trade in commodities on H1 or L1 status?
Is it too risky like forex trading?
Who are the online brokers offer commodity trading?
Is there a minimum account balance / trade required every month or so?
Pls share your experience. Thanks!
Why / How is this relevant in an immigration forum?
girlfriend as amor seco or pirca.
Juan28210
04-19 02:03 PM
Thanks Pappu! I will try to search in the archived articles first and will just post a follow up question if I need further clarification.
hairstyles [ Bidens laevis (Amor seco
natrajs
09-17 04:50 PM
I CAN NOT BELIEVE THIS...this morning 10:00AM CST we got the CPO emails for both of us...
I just can not thank Aall of you enough and the IV community for the support they have provided over the last few years - especially since Sept 1.
THANK YOU GOD - THANKS FOR LISTENING.
I will be around - not going anywhere and will support IV efforts!
BEST OF LUCK FOR THOSE WHO ARE WAITING...Believe me "appka bhi number aayega" I was loosing hopes - since Sept 1 when saw number of approvals after my PD/RD/ND etc..but there is really nothing that can predict this system.
Here is my journey - encapsulated:
PD- June 04
I485 files on July 2nd 2007 - NSC
RD 8/4/2207
SR #1: 9/4/2209
SR #2" 9/11/2209
Senator contact: 9/10/2009 and 9/11/2009
Infopass: 9/15/2009
CPO emails: 9/17/2009
Hang in there - open SRs and contact your senators!!!
Congrats and Best Wishes kubmilegaGC, Finally the pain is over
Take care
I just can not thank Aall of you enough and the IV community for the support they have provided over the last few years - especially since Sept 1.
THANK YOU GOD - THANKS FOR LISTENING.
I will be around - not going anywhere and will support IV efforts!
BEST OF LUCK FOR THOSE WHO ARE WAITING...Believe me "appka bhi number aayega" I was loosing hopes - since Sept 1 when saw number of approvals after my PD/RD/ND etc..but there is really nothing that can predict this system.
Here is my journey - encapsulated:
PD- June 04
I485 files on July 2nd 2007 - NSC
RD 8/4/2207
SR #1: 9/4/2209
SR #2" 9/11/2209
Senator contact: 9/10/2009 and 9/11/2009
Infopass: 9/15/2009
CPO emails: 9/17/2009
Hang in there - open SRs and contact your senators!!!
Congrats and Best Wishes kubmilegaGC, Finally the pain is over
Take care
Jaani
07-14 09:31 PM
signed
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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