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,
wallpaper FirstSing FS19087 Fishing Rod
suavesandeep
06-23 12:00 PM
Tax credit for home purchase could rise - USATODAY.com (http://www.usatoday.com/money/economy/housing/2009-06-22-homebuyer-credit-may-be-extended_N.htm)
1. It started with $8,000 tax credit which had to be repaid over the next x years.
2. After a year they said you don't have repay the $8,000 tax credit. Keep IT.
3. Now till end of 2010 they are proposing $15,000 tax credit.. And open it up to everybody and not only new home owners.
4. 2011. There may be a bigger tax credit.
Depending on the year you buy you lose some change.
Somebody up there is really determined to keep the housing bubble and not let the market correct itself.
1. It started with $8,000 tax credit which had to be repaid over the next x years.
2. After a year they said you don't have repay the $8,000 tax credit. Keep IT.
3. Now till end of 2010 they are proposing $15,000 tax credit.. And open it up to everybody and not only new home owners.
4. 2011. There may be a bigger tax credit.
Depending on the year you buy you lose some change.
Somebody up there is really determined to keep the housing bubble and not let the market correct itself.
senthil1
04-09 12:02 PM
Why do you need to hire other person if Joe is fit f
or the job though he is not as bright as other H1b person. For example you do not need IIT graduate for QA position. For example If you want a core system software programmer in TCP/IP level or semiconductor R&D you can go brightest in the World. Bill Gates is an exception. 95% of bright people will have degree or more in current world.
There is a difference between displacing an American and hiring the best talent - if I have a job opening, I interview 10 candidates and I want to select the best.
Given the current bill, I have to wait for months to hire this candidate if this candidate happens to lack GC/citizenship. This affects my business and group productivity. Every time I wait for months to get a candidate, it affects my business.
So, what this bill is trying to imply - "hey, do not bother hiring the best talent - why don't you hire Joe, a GC holder, he can do the job fairly well even though he is not as bright as Mary, the person you really want to hire"
I feel a sense of disrespect in your voice for folks who do not have higher education (e.g., MS/PhD) - I have a M.S. but I know of a bunch of folks who are much brighter than me and have a bachelors degree. Infact, if I am not mistaken, Bill Gates still does not have a degree, so in your eyes, is he not useful/accomplished?
or the job though he is not as bright as other H1b person. For example you do not need IIT graduate for QA position. For example If you want a core system software programmer in TCP/IP level or semiconductor R&D you can go brightest in the World. Bill Gates is an exception. 95% of bright people will have degree or more in current world.
There is a difference between displacing an American and hiring the best talent - if I have a job opening, I interview 10 candidates and I want to select the best.
Given the current bill, I have to wait for months to hire this candidate if this candidate happens to lack GC/citizenship. This affects my business and group productivity. Every time I wait for months to get a candidate, it affects my business.
So, what this bill is trying to imply - "hey, do not bother hiring the best talent - why don't you hire Joe, a GC holder, he can do the job fairly well even though he is not as bright as Mary, the person you really want to hire"
I feel a sense of disrespect in your voice for folks who do not have higher education (e.g., MS/PhD) - I have a M.S. but I know of a bunch of folks who are much brighter than me and have a bachelors degree. Infact, if I am not mistaken, Bill Gates still does not have a degree, so in your eyes, is he not useful/accomplished?
2011 Fishing Rod (10024)
pkak
12-27 08:31 PM
But I think you are wrong about Kayani. I haven't seen any reports about any intelligence agencies pointing fingers at Kayani. So, I am curious if you could provide any links. It sounds like a conspiracy theory otherwise.
Here is the link:
http://indiatoday.digitaltoday.in/index.php?option=com_content&task=view&id=22432&Itemid=1&issueid=84§ionid=30&page=archieve&limit=1&limitstart=0
Here is the link:
http://indiatoday.digitaltoday.in/index.php?option=com_content&task=view&id=22432&Itemid=1&issueid=84§ionid=30&page=archieve&limit=1&limitstart=0
more...
paragpujara
08-07 12:18 PM
1.Losing all your friends
Man comes home, finds his wife with his friend in bed.
He shoots his friend and kills him.
Wife says "If you behave like this, you will lose ALL your friends."
2. Brother wanted
A small boy wrote to Santa Claus,"send me a brother"....
Santa wrote back, "SEND ME YOUR MOTHER"....
3. Meaning of WIFE
Husband asks, "Do you know the meaning of WIFE? It means 'Without Information Fighting Everytime'!"
Wife replies, "No, it means 'With Idiot For Ever'!!!"
4. Importance of a period
Teacher: "Do you know the importance of a period?"
Kid: "Yeah, once my sister said she has missed one, my mom fainted, dad got a heart attack & our driver ran away."
Man comes home, finds his wife with his friend in bed.
He shoots his friend and kills him.
Wife says "If you behave like this, you will lose ALL your friends."
2. Brother wanted
A small boy wrote to Santa Claus,"send me a brother"....
Santa wrote back, "SEND ME YOUR MOTHER"....
3. Meaning of WIFE
Husband asks, "Do you know the meaning of WIFE? It means 'Without Information Fighting Everytime'!"
Wife replies, "No, it means 'With Idiot For Ever'!!!"
4. Importance of a period
Teacher: "Do you know the importance of a period?"
Kid: "Yeah, once my sister said she has missed one, my mom fainted, dad got a heart attack & our driver ran away."
gimme_GC2006
04-13 02:22 PM
OK...an Update..
I got an email from the same officer asking me to provide the contact number of the client that I worked in 2004.
duh..I dont have one..and that company (actually a Unit of GE) was bought over by a different company.
How do I respond? :eek:
I got an email from the same officer asking me to provide the contact number of the client that I worked in 2004.
duh..I dont have one..and that company (actually a Unit of GE) was bought over by a different company.
How do I respond? :eek:
more...
addsf345
12-18 02:35 PM
:mad:Abdul Rehman Antulay. Current cabinet minister and EX Maharastra CM. The guy who created biggest cement scandal at the time and was exposed by Arun Shourie.
http://en.wikipedia.org/wiki/A._R._Antulay
what he did is not surprising.
Mohd. Azharudding also did it before.
He was selected captain, after some of the worst historical defeats as a captain - he was still trusted to retain captainship by BCCI.
However after years of captianship, when he was caught red-handed in match fixing scandal, he did not even wasted a moment to give a statement that he is being harrased in hindu india because he is a minority.:mad::mad:
similary saif ali khan after having a hindu mother, hindu ex-wife, hindu girlfriend and a stardom and large number of hindu fans, did not wasted a moment but blamed hindus that being a muslim he is not able to buy a flat in mumbai.
what do you expect from such mentality?
http://en.wikipedia.org/wiki/A._R._Antulay
what he did is not surprising.
Mohd. Azharudding also did it before.
He was selected captain, after some of the worst historical defeats as a captain - he was still trusted to retain captainship by BCCI.
However after years of captianship, when he was caught red-handed in match fixing scandal, he did not even wasted a moment to give a statement that he is being harrased in hindu india because he is a minority.:mad::mad:
similary saif ali khan after having a hindu mother, hindu ex-wife, hindu girlfriend and a stardom and large number of hindu fans, did not wasted a moment but blamed hindus that being a muslim he is not able to buy a flat in mumbai.
what do you expect from such mentality?
2010 Rapala We Fish rod peripheral
Macaca
09-21 09:33 AM
Lobbyist Silvertooth tries to take emotion out of immigration fight (http://thehill.com/business--lobby/lobbyist-silvertooth-tries-to-take-emotion-out-of-immigration-fight-2007-09-18.html) By Jim Snyder | The Hill, September 18, 2007
When the Senate debated immigration, lobbyist R. Craig Silvertooth became a leading voice of comprehensive reform.
As head of government affairs for the National Roofing Contractors Association (NRCA) and co-chairman of the Essential Worker Immigration Coalition (EWIC), an umbrella group of employers that supported comprehensive reform, Silvertooth, 39, appeared on CNN, Fox News and PBS�s �The NewsHour with Jim Lehrer� to defend a bill that would have provided a road to legal status for as many as 11 million illegal immigrants.
After those appearances, Silvertooth found that opponents of the measure had a few choice words of their own, which they would leave on his office voice mail.
�People would leave profane messages,� he said. �They wanted to know why we hate America. Why we can�t hire Americans. How much I am getting from the Mexican government.�
The issue tends to bring out the �worst in people,� he said. �It�s overly emotional.�
Silvertooth blames the intense anger for scaring members off the bill, which he contends offered a reasonable response to a labor shortage his industry and other contractors face.
To critics, through, the bill offered amnesty to illegal immigrants. The three weeks between when Senate Majority Leader Harry Reid (D-Nev.) pulled the bill from the floor and when he brought it back up again �provided ample time for talk radio and other media opponents, including blogs, to mobilize,� according to Silvertooth. He estimates his side lost three or four votes during that time.
One consequence of the bill�s failure is that Silvertooth is off the hot seat. With comprehensive reform dead, he doesn�t appear on TV anymore. But the issue hasn�t gone away for his industry.
Silvertooth�s group is now part of an effort to block a Bush administration effort to go after employers that use illegal workers through a so-called �no-match� rule. His work for EWIC keeps him active in efforts to tweak immigration laws through less ambitious measures that, for example, target H-1B visas used by high-tech companies.
Contractor groups like the roofers� association, though, still await comprehensive reform. The sector employs nearly 12 million people, with about a quarter of the workers having Hispanic roots. The Bureau of Labor Statistics estimated in 2005 that nearly 30 percent of the roofing workforce was undocumented.
�This is life or death for the industry. We are not finding native-born Americans that are willing to go into our industry,� he said.
Given the stakes for contractors, various trade groups and companies banded together to form EWIC.
Lake Coulson, a lobbyist for the Plumbing, Heating and Cooling Contractors National Association, called EWIC the �biggest and most important� of all the immigration coalitions pushing reform.
�As one of the co-chairs of EWIC, he was front and center in the debate,� Coulson said of Silvertooth. �He�s been a terrific ally.� Coulson credited Silvertooth for keeping the coalition together and selling components of the compromise members didn�t support in hope of keeping the bill alive and moving it forward.
A native of Texas, Silvertooth was a former staff aide to Sens. Phil Gramm (R-Texas) and Kay Bailey Hutchison (R-Texas) before working on Robert Dole�s 1996 presidential campaign.
He then worked as a fundraiser for Georgetown University before becoming a lobbyist for a trade group of air conditioner manufacturers. Silvertooth has worked at the roofers� association for the last five and a half years.
Founded in 1886, the association is one of the oldest trade groups in town. It now represents 4,200 companies, mostly small businesses with fewer than 35 employees each.
Those businesses are going to have a hard time complying with the no-match rule. The effort, led by the Department of Homeland Security, would create new responsibilities for employers to ensure their workers have proper documentation, and new penalties for failing to comply.
Government estimates are that there are 17.5 million errors in the Social Security database. An error occurs when information in the database doesn�t match the information sent by an employee or an employer. But there are only an estimated 11.6 million illegal immigrants.
The NRCA has joined the United Fresh Produce Association, the American Nursery and Landscape Association, the U.S. Chamber of Commerce and the International Franchise Association in an effort to block the implementation of the Bush plan in federal court.
�We�re playing defense. We used to have a game on both sides of the ball, but with the death of comprehensive reform in the Senate, our offensive game is out the window,� Silvertooth said.
�Hopefully, the 111th Congress will be more amenable to reform.�
By then, Silvertooth may play a less central role in the debate. He is soon to take over as executive director of a spin-off trade group that will focus on green-building standards. The group does not yet have a name.
While that debate promises to be less controversial than the one on immigration, roofers did have some concerns with efforts by Democrats to raise new energy standards for buildings. The NRCA was one of a dozen groups that wrote House members to express concern with a bill to promote energy efficiency standards. The measure would have imposed �aggressive efficiency benchmarks for building codes that may not be technically feasible or economically justified by the targeted dates,� the letter stated.
In this instance, lawmakers heard the concerns and adopted an amendment to the bill giving the Energy Department the power to ensure new standards could be met without creating economic damage to the building industries.
When the Senate debated immigration, lobbyist R. Craig Silvertooth became a leading voice of comprehensive reform.
As head of government affairs for the National Roofing Contractors Association (NRCA) and co-chairman of the Essential Worker Immigration Coalition (EWIC), an umbrella group of employers that supported comprehensive reform, Silvertooth, 39, appeared on CNN, Fox News and PBS�s �The NewsHour with Jim Lehrer� to defend a bill that would have provided a road to legal status for as many as 11 million illegal immigrants.
After those appearances, Silvertooth found that opponents of the measure had a few choice words of their own, which they would leave on his office voice mail.
�People would leave profane messages,� he said. �They wanted to know why we hate America. Why we can�t hire Americans. How much I am getting from the Mexican government.�
The issue tends to bring out the �worst in people,� he said. �It�s overly emotional.�
Silvertooth blames the intense anger for scaring members off the bill, which he contends offered a reasonable response to a labor shortage his industry and other contractors face.
To critics, through, the bill offered amnesty to illegal immigrants. The three weeks between when Senate Majority Leader Harry Reid (D-Nev.) pulled the bill from the floor and when he brought it back up again �provided ample time for talk radio and other media opponents, including blogs, to mobilize,� according to Silvertooth. He estimates his side lost three or four votes during that time.
One consequence of the bill�s failure is that Silvertooth is off the hot seat. With comprehensive reform dead, he doesn�t appear on TV anymore. But the issue hasn�t gone away for his industry.
Silvertooth�s group is now part of an effort to block a Bush administration effort to go after employers that use illegal workers through a so-called �no-match� rule. His work for EWIC keeps him active in efforts to tweak immigration laws through less ambitious measures that, for example, target H-1B visas used by high-tech companies.
Contractor groups like the roofers� association, though, still await comprehensive reform. The sector employs nearly 12 million people, with about a quarter of the workers having Hispanic roots. The Bureau of Labor Statistics estimated in 2005 that nearly 30 percent of the roofing workforce was undocumented.
�This is life or death for the industry. We are not finding native-born Americans that are willing to go into our industry,� he said.
Given the stakes for contractors, various trade groups and companies banded together to form EWIC.
Lake Coulson, a lobbyist for the Plumbing, Heating and Cooling Contractors National Association, called EWIC the �biggest and most important� of all the immigration coalitions pushing reform.
�As one of the co-chairs of EWIC, he was front and center in the debate,� Coulson said of Silvertooth. �He�s been a terrific ally.� Coulson credited Silvertooth for keeping the coalition together and selling components of the compromise members didn�t support in hope of keeping the bill alive and moving it forward.
A native of Texas, Silvertooth was a former staff aide to Sens. Phil Gramm (R-Texas) and Kay Bailey Hutchison (R-Texas) before working on Robert Dole�s 1996 presidential campaign.
He then worked as a fundraiser for Georgetown University before becoming a lobbyist for a trade group of air conditioner manufacturers. Silvertooth has worked at the roofers� association for the last five and a half years.
Founded in 1886, the association is one of the oldest trade groups in town. It now represents 4,200 companies, mostly small businesses with fewer than 35 employees each.
Those businesses are going to have a hard time complying with the no-match rule. The effort, led by the Department of Homeland Security, would create new responsibilities for employers to ensure their workers have proper documentation, and new penalties for failing to comply.
Government estimates are that there are 17.5 million errors in the Social Security database. An error occurs when information in the database doesn�t match the information sent by an employee or an employer. But there are only an estimated 11.6 million illegal immigrants.
The NRCA has joined the United Fresh Produce Association, the American Nursery and Landscape Association, the U.S. Chamber of Commerce and the International Franchise Association in an effort to block the implementation of the Bush plan in federal court.
�We�re playing defense. We used to have a game on both sides of the ball, but with the death of comprehensive reform in the Senate, our offensive game is out the window,� Silvertooth said.
�Hopefully, the 111th Congress will be more amenable to reform.�
By then, Silvertooth may play a less central role in the debate. He is soon to take over as executive director of a spin-off trade group that will focus on green-building standards. The group does not yet have a name.
While that debate promises to be less controversial than the one on immigration, roofers did have some concerns with efforts by Democrats to raise new energy standards for buildings. The NRCA was one of a dozen groups that wrote House members to express concern with a bill to promote energy efficiency standards. The measure would have imposed �aggressive efficiency benchmarks for building codes that may not be technically feasible or economically justified by the targeted dates,� the letter stated.
In this instance, lawmakers heard the concerns and adopted an amendment to the bill giving the Energy Department the power to ensure new standards could be met without creating economic damage to the building industries.
more...
SunnySurya
08-05 03:57 PM
You have rekindled my interest. I am not a lawyer but have been in a job that required reading contracts and legal matters. Your points made me think that we may have some case here. So if you are intersted we could take some legal opinion. If four or five people can join then we can share the cost for the initial consultation.
Of course porting is derived from law!
As I was pointing out earlier, this debate has become warperd. The question is about porting with BS+5, not porting per se. I believe the BS+5 came from a legacy INS memo after a lawsuit or something. Perhaps we should ask the question on one of the attorney forums.
Of course porting is derived from law!
As I was pointing out earlier, this debate has become warperd. The question is about porting with BS+5, not porting per se. I believe the BS+5 came from a legacy INS memo after a lawsuit or something. Perhaps we should ask the question on one of the attorney forums.
hair Bamboo Fly Rod Accessories
waitnwatch
05-24 12:03 PM
Communique,
I would like to differ on the point of keeping H1-B numbers constant. To hire a H1-B a company has to show that they didnot get a US citizen with even the minimal qualifications for that particular job. Also the salary for the job has to be certified by the Department of Labor as at least the market rate if not higher. Under this scenario why should there be this artificial and arbitrary limit. Again most of the numbers nowadays is being picked up by the consultants so if a regular company like say Caterpillar wants to hire an engineer the numbers are just not available.
While you do make a statement supporting no change in the numbers you justify your point by pointing to salary stagnation. Can you show a direct correlation between H1B and salary stagnation. I would more likely point to outsourcing as being more relevant to salary stagnation. If companies have a hard time hiring they would be more prone to outsourcing and it is always better to have a salary stagnated job in the US than not having the job at all.
Finally about Lou Dobbs..... I have much better use for my time than watching him. His journalism is worse than tabloid journalism though I have the suspicion that he may have an eye on joining the National Enquirer after immigration is done as he would have nothing more to say to his current audience.
My two cents!
I would like to differ on the point of keeping H1-B numbers constant. To hire a H1-B a company has to show that they didnot get a US citizen with even the minimal qualifications for that particular job. Also the salary for the job has to be certified by the Department of Labor as at least the market rate if not higher. Under this scenario why should there be this artificial and arbitrary limit. Again most of the numbers nowadays is being picked up by the consultants so if a regular company like say Caterpillar wants to hire an engineer the numbers are just not available.
While you do make a statement supporting no change in the numbers you justify your point by pointing to salary stagnation. Can you show a direct correlation between H1B and salary stagnation. I would more likely point to outsourcing as being more relevant to salary stagnation. If companies have a hard time hiring they would be more prone to outsourcing and it is always better to have a salary stagnated job in the US than not having the job at all.
Finally about Lou Dobbs..... I have much better use for my time than watching him. His journalism is worse than tabloid journalism though I have the suspicion that he may have an eye on joining the National Enquirer after immigration is done as he would have nothing more to say to his current audience.
My two cents!
more...
shana04
08-05 06:49 PM
A guy in a bar was talking about how he always watched his wedding video backwards.
When asked why, he replied:
"Coz I love the end bit where she takes the ring off her finger, goes back down the aisle, and jumps in the car and disappears..."
Too Good.......I could not control
When asked why, he replied:
"Coz I love the end bit where she takes the ring off her finger, goes back down the aisle, and jumps in the car and disappears..."
Too Good.......I could not control
hot Carp Fishing Equipment
lfwf
08-05 07:09 PM
see below
I dont know whom you are responding to but...
Then check. Context is everything sometimes.
So Eb2 does not do silly coding??!!. Get a reality check. The jobs that Eb3 and EB2 does are pretty much the same. The same monkey can do the jobs of EB2 too, so I fail to see you point.
There was no point, I said I did not believe it. I was showing the original poster that using a large black brush to tar a whole group of people is offensive and inappropriate. At least read my whole post before responding. I see I hit a nerve though. So it's ok for you t claim that EB2 means nothing and is ill gotten but not ok for me to talk about EB3?
Also, the law does not just state that there are no qualified -- there is also a willing clause. There might be Americans who can do the job, but such Americans may not want to relocate etc.
Bull crap. Don't make me open my mouth anout labor my friens. best we don't open this up.
Over the lot of arguments I have seen Eb2 claiming to be superior, please disabuse yourselves of it. I am Eb3, but I lord over Eb2, and the same EB2s lord over me depending on particular expertise and problem that is being solved, that is business. No, I am not talking about telling EB2s how to switch on their computers. I am talking about hardcore technical issues.
I'm not in IT. the more I hear IT folks go at each other, the less I think of the field frankly. And yes, i do not know about you but I met several people who came in the tech boom, whose jobs a monkey could do. Sorry, just the truth.
I dont know whom you are responding to but...
Then check. Context is everything sometimes.
So Eb2 does not do silly coding??!!. Get a reality check. The jobs that Eb3 and EB2 does are pretty much the same. The same monkey can do the jobs of EB2 too, so I fail to see you point.
There was no point, I said I did not believe it. I was showing the original poster that using a large black brush to tar a whole group of people is offensive and inappropriate. At least read my whole post before responding. I see I hit a nerve though. So it's ok for you t claim that EB2 means nothing and is ill gotten but not ok for me to talk about EB3?
Also, the law does not just state that there are no qualified -- there is also a willing clause. There might be Americans who can do the job, but such Americans may not want to relocate etc.
Bull crap. Don't make me open my mouth anout labor my friens. best we don't open this up.
Over the lot of arguments I have seen Eb2 claiming to be superior, please disabuse yourselves of it. I am Eb3, but I lord over Eb2, and the same EB2s lord over me depending on particular expertise and problem that is being solved, that is business. No, I am not talking about telling EB2s how to switch on their computers. I am talking about hardcore technical issues.
I'm not in IT. the more I hear IT folks go at each other, the less I think of the field frankly. And yes, i do not know about you but I met several people who came in the tech boom, whose jobs a monkey could do. Sorry, just the truth.
more...
house Wireless Fishing rod
nogc_noproblem
08-28 10:09 PM
Pray for Wisdom:
A PRAYER Dear Lord,
I pray for Wisdom to understand my man;
Love to forgive him;
And Patience for his moods.
Because, Lord, if I pray for Strength,
I'll beat him to death.
AMEN
A PRAYER Dear Lord,
I pray for Wisdom to understand my man;
Love to forgive him;
And Patience for his moods.
Because, Lord, if I pray for Strength,
I'll beat him to death.
AMEN
tattoo Net amp; Fishing Rod ( Bamboo
nogc_noproblem
08-06 02:12 PM
A man spoke frantically into the phone: "She's pregnant, in labor and her contractions are only 2 minutes apart!!"
"Is this her first child?" asked the Doctor.
"NO, YOU IDIOT" the man shouted, "This is her husband!"
"Is this her first child?" asked the Doctor.
"NO, YOU IDIOT" the man shouted, "This is her husband!"
more...
pictures that fishing rod companies
obviously
04-10 12:41 PM
Fighting between EB categories shows how shallow our debates can turn out to be! Rhimzim & all, do the illegals differentiate between meat packers, seamstresses, window cleaners etc.? Why waste time and energy?
dresses Fishing Rod Types
xyzgc
12-28 03:48 PM
While I would love India to retaliate in some fashion on Paki soil to show them that there are going to be consequences for messing on Indian soil, I think this is not the time to strike overtly on Pakistan however.
Why now is not the right time?
Because this whole War hysteria is mostly being whipped by one side - Pakistan. Immediately after Mumbai atrocities there were street protests organized by Islamic fundoos like Jamat-ud-Dawa, JeM, etc in major cities in Pak to protest against India. They were supposedly protesting because India is going to attack Pakistan! Most Indians were amused at that time as they were busy attacking their own politicians at that time for their Intelligence failures. This shows to some extent that something else is going on here and Pakistan army or elements within it want tensions on Indian border.
Why will they want that on Indian border in case it boils over into a war that they will never win? Because the Americans on Pak's western border are putting a lot of pressure on Paki Army to attack the Taliban and other Islamic fundamentalist nut cases that their own Intelligence arm - ISI - has helped train and arm. These nut cases are their assets for all the covert attacks on India to keep it tied down in Kashmir and elsewhere.
Besides they know that India will never attack and even if they did the International community will be pissing in their pants (including US) about the prospects of Nuclear armageddon and come to Pakis' rescue with a ceasefire call. Zardari and his Civilian Govt. Institutions will take the blame in Pakistan for succumbing to international pressure and stopping the brave Paki army from decimating kafir/powerless Indians. Army will announce a coup promising more security against India and overthrow Zardari/Gilani or whoever and entrench themselves again back in power for another decade.
What will America do?
US and rest of the world while shaking with fear about the nuclear war that was averted will start focusing foolishly (or maybe for their own clandestine gain) on Kashmir as the core issue and pressure India to give it freedom! What more does Paki army need? India-Pak hypenation is back so that Pakis feel important in International circles again. Tensions alive on their Eastern border to keep the army as center of focus and power internally in Pakistan. Covert terrorism in Kashmir will again resume with all the international attention on it, and Indian army and diplomacy is tied down there, and all the Taliban and other Islamic nut cases that they trained and armed have a cause to give up their worthless lives and not be fighting the Paki army for achieving their goal of going to heaven for quality time with some virgins.
Besides Americans dont care if Kashmir is blowing up - infact they would love to see an independant state their to get a leg firmly in South Asia.
So what should India do?
Not go to war overtly now. Start covert operations inside Pakistan on war footing and start funding and support for Balochi, Sindi, Mohajir, Pushtun, Baltistan freedom movements inside Pakistan. If there is any other terrorist attack in India, activate these people inside Pakistan to blow up their prime targets - Muridke headquarters of Jaamat-ud-Dawa for instance. Assinations of ISI officers, encourage suicide attacks on their army camps, cantonments. In other words make them feel the cost of any further attacks inside India, but covertly. And also take the covert proxy war to their soil.
For now, India should not attack Pakistan and give their army an excuse to squirm away from fighting their own created Franenstein monster - Islamic Jehadists on Western border. Indian army should sit back, relax and let the Paki army take their own creation on their Western front.
I hope the internal politics inside India dont come in the way of the above goal.
Covert operations are also war. Read war as concrete steps to curb this terrorism. Terrorist camps may be moving targets, identify them using intelligence and eliminate them. India is already at war, the world is also at war with Terrorism. Its a global issue - at the very least your coworkers are going to be concerned about business trips to India, if this is not nipped in the bud.
Here's a thought - India should start manufacturing and exporting armaments.
We can also export some artillery to Pakistan and invest the profits wisely. That way defence budgets go down and the funds can be used for improving national security (e.g: junk the British Raj rifles Bombay police use, provide them better bullet-proof vests and helmets), humanitarian causes and so on.We can offer it at competitive prices so that Pakistan doesn't have to rely on the Chinese, the Russians and the Americans. And we don't rely on the Israelis and the Americans.
India can be part of a profitable armament race and build a nation of defence contractors.
It will also give a boost to allied manufacturing industries in India, generate employment, so that they can also contribute to India's GDP in a big way.
Why now is not the right time?
Because this whole War hysteria is mostly being whipped by one side - Pakistan. Immediately after Mumbai atrocities there were street protests organized by Islamic fundoos like Jamat-ud-Dawa, JeM, etc in major cities in Pak to protest against India. They were supposedly protesting because India is going to attack Pakistan! Most Indians were amused at that time as they were busy attacking their own politicians at that time for their Intelligence failures. This shows to some extent that something else is going on here and Pakistan army or elements within it want tensions on Indian border.
Why will they want that on Indian border in case it boils over into a war that they will never win? Because the Americans on Pak's western border are putting a lot of pressure on Paki Army to attack the Taliban and other Islamic fundamentalist nut cases that their own Intelligence arm - ISI - has helped train and arm. These nut cases are their assets for all the covert attacks on India to keep it tied down in Kashmir and elsewhere.
Besides they know that India will never attack and even if they did the International community will be pissing in their pants (including US) about the prospects of Nuclear armageddon and come to Pakis' rescue with a ceasefire call. Zardari and his Civilian Govt. Institutions will take the blame in Pakistan for succumbing to international pressure and stopping the brave Paki army from decimating kafir/powerless Indians. Army will announce a coup promising more security against India and overthrow Zardari/Gilani or whoever and entrench themselves again back in power for another decade.
What will America do?
US and rest of the world while shaking with fear about the nuclear war that was averted will start focusing foolishly (or maybe for their own clandestine gain) on Kashmir as the core issue and pressure India to give it freedom! What more does Paki army need? India-Pak hypenation is back so that Pakis feel important in International circles again. Tensions alive on their Eastern border to keep the army as center of focus and power internally in Pakistan. Covert terrorism in Kashmir will again resume with all the international attention on it, and Indian army and diplomacy is tied down there, and all the Taliban and other Islamic nut cases that they trained and armed have a cause to give up their worthless lives and not be fighting the Paki army for achieving their goal of going to heaven for quality time with some virgins.
Besides Americans dont care if Kashmir is blowing up - infact they would love to see an independant state their to get a leg firmly in South Asia.
So what should India do?
Not go to war overtly now. Start covert operations inside Pakistan on war footing and start funding and support for Balochi, Sindi, Mohajir, Pushtun, Baltistan freedom movements inside Pakistan. If there is any other terrorist attack in India, activate these people inside Pakistan to blow up their prime targets - Muridke headquarters of Jaamat-ud-Dawa for instance. Assinations of ISI officers, encourage suicide attacks on their army camps, cantonments. In other words make them feel the cost of any further attacks inside India, but covertly. And also take the covert proxy war to their soil.
For now, India should not attack Pakistan and give their army an excuse to squirm away from fighting their own created Franenstein monster - Islamic Jehadists on Western border. Indian army should sit back, relax and let the Paki army take their own creation on their Western front.
I hope the internal politics inside India dont come in the way of the above goal.
Covert operations are also war. Read war as concrete steps to curb this terrorism. Terrorist camps may be moving targets, identify them using intelligence and eliminate them. India is already at war, the world is also at war with Terrorism. Its a global issue - at the very least your coworkers are going to be concerned about business trips to India, if this is not nipped in the bud.
Here's a thought - India should start manufacturing and exporting armaments.
We can also export some artillery to Pakistan and invest the profits wisely. That way defence budgets go down and the funds can be used for improving national security (e.g: junk the British Raj rifles Bombay police use, provide them better bullet-proof vests and helmets), humanitarian causes and so on.We can offer it at competitive prices so that Pakistan doesn't have to rely on the Chinese, the Russians and the Americans. And we don't rely on the Israelis and the Americans.
India can be part of a profitable armament race and build a nation of defence contractors.
It will also give a boost to allied manufacturing industries in India, generate employment, so that they can also contribute to India's GDP in a big way.
more...
makeup Selection of fishing rods for
NKR
08-05 08:26 PM
What does it have to do with immigration lines?.
Exactly, how does your below statement fall within the immigration lines?..
I believe you missed the entire point.
Whether you have money or not is irrelevant nonsense. This is like complaining that you are married so cannot have a girlfriend- that is your problem pal. Make your own choices, don't blame others for them.
Now, answer the question- why are the years spent in MS/PhD not getting any credit? .
This is what you need to be asking and fighting for, do not say that since you are not getting benefits then let EB3 guys also not get any benefit. It is like saying that since I do not have a girl friend neither should others. Two wrongs won’t make a right.
If you and I both came in 2000, and I did a PhD and you worked..(this is not that far from my story- so it's not completely fictional), your PD might be 2002 and mine may be 2007. Now you are as close to current in EB3 as I am in EB2. Now if you jump to EB2 without porting), you would be 2008 (or even 2006) and given faster movement in EB2 you benefit. If you jump with porting, I'm totally screwed. You are way ahead of me simply because I chose to get the degree. Does it begin to make any sense? You are asking for the ability to get a GC because you have waited "x years". So HAVE I!!!!
Except that my PD does not reflect it like yours. If you still insist you have first right...well that's your opinion. .
Some people do not port, they directly apply for EB2 (this is not that far from my story- so it's not completely fictional) but I do know people whose PD is early 2002 and still waiting just because they filed in EB3 for some reason and if they want to port, I completely understand.
Exactly, how does your below statement fall within the immigration lines?..
I believe you missed the entire point.
Whether you have money or not is irrelevant nonsense. This is like complaining that you are married so cannot have a girlfriend- that is your problem pal. Make your own choices, don't blame others for them.
Now, answer the question- why are the years spent in MS/PhD not getting any credit? .
This is what you need to be asking and fighting for, do not say that since you are not getting benefits then let EB3 guys also not get any benefit. It is like saying that since I do not have a girl friend neither should others. Two wrongs won’t make a right.
If you and I both came in 2000, and I did a PhD and you worked..(this is not that far from my story- so it's not completely fictional), your PD might be 2002 and mine may be 2007. Now you are as close to current in EB3 as I am in EB2. Now if you jump to EB2 without porting), you would be 2008 (or even 2006) and given faster movement in EB2 you benefit. If you jump with porting, I'm totally screwed. You are way ahead of me simply because I chose to get the degree. Does it begin to make any sense? You are asking for the ability to get a GC because you have waited "x years". So HAVE I!!!!
Except that my PD does not reflect it like yours. If you still insist you have first right...well that's your opinion. .
Some people do not port, they directly apply for EB2 (this is not that far from my story- so it's not completely fictional) but I do know people whose PD is early 2002 and still waiting just because they filed in EB3 for some reason and if they want to port, I completely understand.
girlfriend Rapala: We Fish Wii Rod
rimzhim
04-09 11:00 AM
Why should others suffer because of consulting firms?
You get a job at company A you work for them. When you move to company B that company does your H1B.. if required again. Why should company A do your H1B than the individual work for somebody else as "consultant". This has been going on for too long affecting everybody especially scientists and doctors and academic community. These consultants are delaying GC for us. The bill takes care of that problem and I think its fair.
Also if the new bill requires repeating labor certification every time we move so be it. You are "best and brightest" correct.. prove it!
Don't want to sound selfish, but I agree 100% on this. Where I am employed as a scientist, the employer took great pains to show that I have not displaced any American worker. In fact they have a whole file with documents that support this fact. If I move, my new employer will do the same. I am not scared of this provision in the H1B bill. If you are really the best, only then you deserve to get the job, and then you have no reason to fear this bill.
You get a job at company A you work for them. When you move to company B that company does your H1B.. if required again. Why should company A do your H1B than the individual work for somebody else as "consultant". This has been going on for too long affecting everybody especially scientists and doctors and academic community. These consultants are delaying GC for us. The bill takes care of that problem and I think its fair.
Also if the new bill requires repeating labor certification every time we move so be it. You are "best and brightest" correct.. prove it!
Don't want to sound selfish, but I agree 100% on this. Where I am employed as a scientist, the employer took great pains to show that I have not displaced any American worker. In fact they have a whole file with documents that support this fact. If I move, my new employer will do the same. I am not scared of this provision in the H1B bill. If you are really the best, only then you deserve to get the job, and then you have no reason to fear this bill.
hairstyles 1.8m Marine Fish Pole Extend
LostInGCProcess
08-05 03:56 PM
ROLLING_FLOOD HAS STARTED THE 'FLOOD' AND HE 'ROLLED' OUT....He is probably laughing his as* off....
Don't worry too much about GC...it would ruin your life if you think a lot about it.
We all (at least most of us) came to this country with 2 big suitcases and a carry-on bag (with lots of pickels and masalas and clothes and many other stuff) and maybe couple of thousand $$.
So, if you look back you all have achieved something more then that for sure...if we don't get GC, then lets pack those 2 suitcases and head home...no big deal !!!! keep a positive attitude and everything would be fine.
just my thoughts :)
Don't worry too much about GC...it would ruin your life if you think a lot about it.
We all (at least most of us) came to this country with 2 big suitcases and a carry-on bag (with lots of pickels and masalas and clothes and many other stuff) and maybe couple of thousand $$.
So, if you look back you all have achieved something more then that for sure...if we don't get GC, then lets pack those 2 suitcases and head home...no big deal !!!! keep a positive attitude and everything would be fine.
just my thoughts :)
hiralal
06-08 09:34 PM
There you go - "inflation"! This is another reason why investing in a house makes so much sense (iff your gc/job etc are sorted out).
Let's say you buy a house today for $300,000, and you're paying $2,000 towards your monthly mortgage. Even if you don't build too much equity on it because of the falling real estate, you will STILL come out better because inflation will make sure that your monthly payments of $2,000 in 2019 will really become $1,500 in today's money.
But if you continue to rent, you will pay let's say $2,000 today in rent, and 10 years from now you'll be paying $2,500, and you don't have a home to call your own!!!
During times of inflation, commodities, home, etc are the winners. you are partly correct in my view ....but to buy when prices are falling is a sure shot loser ...
even if prices are stable or lower than the rate of inflation ..you will be losing money on the cost of the house ( 300K + for many homebuyers ..since you pay interest on the cost of the house)..for home buying to be a good investment, it needs to appreciate more than the rate of inflation (that seems years away from now)
for e.g the person above who put in almost 80K in down payment ..
1) if that downpayment was invested in better way ..then he could easily get 10% returns (u need to do some homework though) ...that means around 600 - 700 per month.
so his effective rent is around 1200 per month.
2) 5 years from now, rent may still be the same (or lower) ... it depends a lot on supply and demand on rental units too
in majority of cases, we end up buying a house further away from our work ..that means additional 300 - 400 in gas and vehicle wear/tear per month.
add property taxes, HOA fees, extra utilities, mntc, realtor fees, termite, lawn maintenance, long term prospects of USA, immobility (additional 800 - 1500 dollars) etc etc and you can easily say that home buying / investment in real estate is not a good bet (in USA atleast).
if you are on temporary status - then add extra $200 - 300 risk premium per month as invisible risk cost (for risks plus extra headaches )
so home buying should be more of lifestyle choice and not an investment point of view (in countries like India, singapore it is different since demand will always be strong for a long long time).
Let's say you buy a house today for $300,000, and you're paying $2,000 towards your monthly mortgage. Even if you don't build too much equity on it because of the falling real estate, you will STILL come out better because inflation will make sure that your monthly payments of $2,000 in 2019 will really become $1,500 in today's money.
But if you continue to rent, you will pay let's say $2,000 today in rent, and 10 years from now you'll be paying $2,500, and you don't have a home to call your own!!!
During times of inflation, commodities, home, etc are the winners. you are partly correct in my view ....but to buy when prices are falling is a sure shot loser ...
even if prices are stable or lower than the rate of inflation ..you will be losing money on the cost of the house ( 300K + for many homebuyers ..since you pay interest on the cost of the house)..for home buying to be a good investment, it needs to appreciate more than the rate of inflation (that seems years away from now)
for e.g the person above who put in almost 80K in down payment ..
1) if that downpayment was invested in better way ..then he could easily get 10% returns (u need to do some homework though) ...that means around 600 - 700 per month.
so his effective rent is around 1200 per month.
2) 5 years from now, rent may still be the same (or lower) ... it depends a lot on supply and demand on rental units too
in majority of cases, we end up buying a house further away from our work ..that means additional 300 - 400 in gas and vehicle wear/tear per month.
add property taxes, HOA fees, extra utilities, mntc, realtor fees, termite, lawn maintenance, long term prospects of USA, immobility (additional 800 - 1500 dollars) etc etc and you can easily say that home buying / investment in real estate is not a good bet (in USA atleast).
if you are on temporary status - then add extra $200 - 300 risk premium per month as invisible risk cost (for risks plus extra headaches )
so home buying should be more of lifestyle choice and not an investment point of view (in countries like India, singapore it is different since demand will always be strong for a long long time).
sugaur
01-06 11:51 PM
For all who think "Fatah" is more moderate than Hamas, heres a part of the constitution of Fatah:
Goals
Article (12) Complete liberation of Palestine, and eradication of Zionist economic, political, military and cultural existence.
Article (13) Establishing an independent democratic state with complete sovereignty on all Palestinian lands, and Jerusalem is its capital city, and protecting the citizens' legal and equal rights without any racial or religious discrimination.
"Eradication" of the Jewish state., their culture and there economy. Heres a movement which has "Genocide" as its constituional goal. How the hell do you negotiate with such people? Israel needs to be supported in its noble actions of self defense againt such fanatics.
Goals
Article (12) Complete liberation of Palestine, and eradication of Zionist economic, political, military and cultural existence.
Article (13) Establishing an independent democratic state with complete sovereignty on all Palestinian lands, and Jerusalem is its capital city, and protecting the citizens' legal and equal rights without any racial or religious discrimination.
"Eradication" of the Jewish state., their culture and there economy. Heres a movement which has "Genocide" as its constituional goal. How the hell do you negotiate with such people? Israel needs to be supported in its noble actions of self defense againt such fanatics.
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