images author: Hair Styles category: 
NeedMiracles
09-13 12:55 PM
I think SKIL bill is our only hope. Unlike CIR, it looks like this bill has been introduced in both the houses which is a good sign. This bill has more number of sponsers from the House than in the Senate. That's another good sign.
Senate Bill - S.2691
House Bill - HR5744
Senate Bill - S.2691
House Bill - HR5744
wallpaper Lea-Michele-hot-hair04.jpg
ElectricGrandpa
06-12 03:03 AM
Either way, I don't have an iPod so I have no idea.. haha :)
... And besides, I don't really like how my "chipPod" skin looks anyway.
... And besides, I don't really like how my "chipPod" skin looks anyway.
smisachu
07-31 05:00 PM
smisachu,
here is what i have figured out in last 4 year and i have been to various blogs.
1. i have read various blogs all are saying trading options with all good stuff you can hardly make any money. Most of the term you have used i have some idea what its is , but havent studied it properly.
There is no silver bullet that will make money all the time. If some one says so he is lying. Options can give you a chance to minimize risk but also cap profits. And you can be wiped out in options routinely. However in stocks it is a rare event when your stock goes to zero.
2. trading is gambling- you can have some edge by stastical analysis what have performed well over a long time. so backtest u r system over 10 years.
Trading is most certainly gambling, even fixed income. You can build a model and hedge to reduce risk and make it a calculated gamble but still a gamble..
3. would like to know what kind returns are you targeting with options
Most professional option traders generate income by writing options. Writing options are very risky as you have a theoretical loss probability reaching infinity. Forming synthetic positions will minimize risk but you might bleed hedging the position. A seller of option is long theta and short delta; a buyer of options is short theta and long delta. Think of theta as the time factor and delta as the hedge factor to put simply. If you sell a call option you have to hedge the option by buying delta units of the underlying stock. And when the call is at the money or near you will end up buying the stock high and selling the stock low, thus loosing money. Black and Scholes famously showed that in an option trade you can delta hedge the risk away. This is not possible and their model is flawed. But it is simple and intuitive and every one serious in trading options NEEDS to learn the model. You don�t have to know the derivation but just the model, and the partial differential equation. I can talk about the flaw and the smile and smile dynamics but many of these concepts need to be drawn out and very hard to explain with out drawing.
4. spreads can be an way to go ..but has to be directional bet or else difficult. I have seen lot of iron condor guys breaking down in recent melt down and up.
Any model will work only for certain duration. That is why you need to keep running it and that is why quants have jobs. In stat arb sometimes you run models 3 times or more a day. I mean complicated mathematical models getting data from a provider and running large data sets to find the mean. And then trade when the stock diverges from the mean.
Each strategy or model has shelf life, so you need to keep researching and running new models.
Spreads are a good way of limiting down side while also capping upside. Volatility spreads are the most profitable ones and again short straddle makes money almost 95% of times but the 5% when they loose they will loose big. You need to have a certain limiting conditions and then hedge the spread with in this range. Usually you will make a little or loose a little. Sometimes you will hit a home run. It is easy to show this on a graph
5. so i kind of believe in hit and run and momentum play - what else can make you money where nothing is certain
I don�t trade momentum, swing or technical indicators. But there are profitable traders who do this.
6. buying when rsi2 is depressed and selling quickly - can be spread havent back tested it.
i backtest using stockfetcher. but u cant backtest options, you have to manually do it. itried some using think or swim platform.
Relative strength Index, McClellan RSI(2) and Oscillators can be an indicator of stock movement. Relating it to the option market is abstract but I think possible. But I feel the options will already be priced in for such potential movements in the underlying. A very good quant I know always says any new strategy will first manifest itself in the derivatives market before equity as the players there are much more sophisticated.
I am not sure which retail trading platform has good back testing, try options first with scottrade. I use Bloomberg which has loads of functions like OVME-GO where you can back test , simulate and see the volatility surface.
so i am trying to see if anybody else has any good strategy to share.
There are many good strategies but I have no idea on sophistication of each individual. For example right now you can sell credit default swaps on Goldman sachs medium senior secured notes and hedge it with delta units of binary in-the-money call options on the VIX. This will give you synthetic exposure to the notes with steady cash flow and the binaries are cheap. If goldman defaults the VIX will sky rocket giving you a handsome payout better than what you will have to pay on the senior secured notes because of high recovery rate if all the default climbs up to the senior tranche. Actually this would be equal to the end of the world in today�s market.
Or better yet just buy SPX and sit, the market is doing all the work for you.
The US natural gas market is in contango (I swear this is not jargon:o, there is no other term). So buy long dated/leap calls at the money now. In 2 years you will be so deep in the money you wont know what to do. But average retail investor cannot hedge this as he cannot trade spot.
So I guess my point is there are sophisticated ways to make money for which the average retail investor has no access to. If there is a simple way then it has already been exploited under the no-arbitrage clause of free markets.
If you have 2-5 year horizon. Go long the market and sit on it would be my best advice. If people want to meet and share ideas I am open to it. I live in NJ so NY/NJ is fine spot to meet.
here is what i have figured out in last 4 year and i have been to various blogs.
1. i have read various blogs all are saying trading options with all good stuff you can hardly make any money. Most of the term you have used i have some idea what its is , but havent studied it properly.
There is no silver bullet that will make money all the time. If some one says so he is lying. Options can give you a chance to minimize risk but also cap profits. And you can be wiped out in options routinely. However in stocks it is a rare event when your stock goes to zero.
2. trading is gambling- you can have some edge by stastical analysis what have performed well over a long time. so backtest u r system over 10 years.
Trading is most certainly gambling, even fixed income. You can build a model and hedge to reduce risk and make it a calculated gamble but still a gamble..
3. would like to know what kind returns are you targeting with options
Most professional option traders generate income by writing options. Writing options are very risky as you have a theoretical loss probability reaching infinity. Forming synthetic positions will minimize risk but you might bleed hedging the position. A seller of option is long theta and short delta; a buyer of options is short theta and long delta. Think of theta as the time factor and delta as the hedge factor to put simply. If you sell a call option you have to hedge the option by buying delta units of the underlying stock. And when the call is at the money or near you will end up buying the stock high and selling the stock low, thus loosing money. Black and Scholes famously showed that in an option trade you can delta hedge the risk away. This is not possible and their model is flawed. But it is simple and intuitive and every one serious in trading options NEEDS to learn the model. You don�t have to know the derivation but just the model, and the partial differential equation. I can talk about the flaw and the smile and smile dynamics but many of these concepts need to be drawn out and very hard to explain with out drawing.
4. spreads can be an way to go ..but has to be directional bet or else difficult. I have seen lot of iron condor guys breaking down in recent melt down and up.
Any model will work only for certain duration. That is why you need to keep running it and that is why quants have jobs. In stat arb sometimes you run models 3 times or more a day. I mean complicated mathematical models getting data from a provider and running large data sets to find the mean. And then trade when the stock diverges from the mean.
Each strategy or model has shelf life, so you need to keep researching and running new models.
Spreads are a good way of limiting down side while also capping upside. Volatility spreads are the most profitable ones and again short straddle makes money almost 95% of times but the 5% when they loose they will loose big. You need to have a certain limiting conditions and then hedge the spread with in this range. Usually you will make a little or loose a little. Sometimes you will hit a home run. It is easy to show this on a graph
5. so i kind of believe in hit and run and momentum play - what else can make you money where nothing is certain
I don�t trade momentum, swing or technical indicators. But there are profitable traders who do this.
6. buying when rsi2 is depressed and selling quickly - can be spread havent back tested it.
i backtest using stockfetcher. but u cant backtest options, you have to manually do it. itried some using think or swim platform.
Relative strength Index, McClellan RSI(2) and Oscillators can be an indicator of stock movement. Relating it to the option market is abstract but I think possible. But I feel the options will already be priced in for such potential movements in the underlying. A very good quant I know always says any new strategy will first manifest itself in the derivatives market before equity as the players there are much more sophisticated.
I am not sure which retail trading platform has good back testing, try options first with scottrade. I use Bloomberg which has loads of functions like OVME-GO where you can back test , simulate and see the volatility surface.
so i am trying to see if anybody else has any good strategy to share.
There are many good strategies but I have no idea on sophistication of each individual. For example right now you can sell credit default swaps on Goldman sachs medium senior secured notes and hedge it with delta units of binary in-the-money call options on the VIX. This will give you synthetic exposure to the notes with steady cash flow and the binaries are cheap. If goldman defaults the VIX will sky rocket giving you a handsome payout better than what you will have to pay on the senior secured notes because of high recovery rate if all the default climbs up to the senior tranche. Actually this would be equal to the end of the world in today�s market.
Or better yet just buy SPX and sit, the market is doing all the work for you.
The US natural gas market is in contango (I swear this is not jargon:o, there is no other term). So buy long dated/leap calls at the money now. In 2 years you will be so deep in the money you wont know what to do. But average retail investor cannot hedge this as he cannot trade spot.
So I guess my point is there are sophisticated ways to make money for which the average retail investor has no access to. If there is a simple way then it has already been exploited under the no-arbitrage clause of free markets.
If you have 2-5 year horizon. Go long the market and sit on it would be my best advice. If people want to meet and share ideas I am open to it. I live in NJ so NY/NJ is fine spot to meet.
2011 The ombre hair color trend is
hpandey
07-02 06:57 PM
[quote=aranya;259700]
Sorry for not making it clear enough...
This guy was not even eligible for a H1 in the first place as he did not know anything about IT... It was his decision to move to US and to lead an american life... so he cooks up a resume...claims to be a software engineer(with due help from his H1 filer consultant, I assume) and landed up here. He was in deep trouble when the Grocery shop closed down and he had to look out for another job... Last I know, he was taking QA training...
So its not a case of my friend being mistreated by his consultant but a case(I'm sure he is not unique within H1 community) where my friend, along with his Consultant took the whole H1B program for a ride....
So
1. He was not forced...he himself falsified it intentionally
2. He is not complaining...he is happy the way things has turned up for him...
3. What was he thinking when he came down here... Surely he cannot code a line in any language or do anything in IT ... He had to take up a non-IT job..
What you are suggesting is probably 0.1% of all the H1b applicants or at the most 1 %. Even that is a big number. I think 99% of all H1b applicants come with intent to work in IT or whatever field they applied in rather than work in a grocery shop. I don't think anyone wants to come to US to work at a grocery shop or a petrol pump .
Lets focus the discussion on H1b employees who are mistreated by the employers by paying them too little , not paying benefits, unfair treatment and so many other things that I could go on about.
Sorry for not making it clear enough...
This guy was not even eligible for a H1 in the first place as he did not know anything about IT... It was his decision to move to US and to lead an american life... so he cooks up a resume...claims to be a software engineer(with due help from his H1 filer consultant, I assume) and landed up here. He was in deep trouble when the Grocery shop closed down and he had to look out for another job... Last I know, he was taking QA training...
So its not a case of my friend being mistreated by his consultant but a case(I'm sure he is not unique within H1 community) where my friend, along with his Consultant took the whole H1B program for a ride....
So
1. He was not forced...he himself falsified it intentionally
2. He is not complaining...he is happy the way things has turned up for him...
3. What was he thinking when he came down here... Surely he cannot code a line in any language or do anything in IT ... He had to take up a non-IT job..
What you are suggesting is probably 0.1% of all the H1b applicants or at the most 1 %. Even that is a big number. I think 99% of all H1b applicants come with intent to work in IT or whatever field they applied in rather than work in a grocery shop. I don't think anyone wants to come to US to work at a grocery shop or a petrol pump .
Lets focus the discussion on H1b employees who are mistreated by the employers by paying them too little , not paying benefits, unfair treatment and so many other things that I could go on about.
more...
trueguy
03-11 02:35 PM
My analysis for EB2. If some one is not agree with this, please ignore it but don't put any rude comment.
DOL approved labor as follow
For India (all category assume 50% are EB2)
2005 : 1350 (EB2-I : 675
2006 : 22298 (EB2-I : 11149)
2007 : 24573 (EB2-I : 12286)
2007 before July 2007 (approximately 65%)
July 2007 : 15972 (EB2-I : 7986)
2007 labor approval is for FY (up to Sept 07). If person have approved labor before July 2007, 99% he/she might have filed I 485.
Consider derivative (Dependent) factor : 2.5
Following numbers of I 485 pending applications for EB2-I:
2006 : 27872
2007 : 19965
Total : 47837
As per Sen Kyl's information pending I 485 for EB2 India : 51717
PD Before 31 Dec 2005 : 3880
PD Before 31 Dec 2006 : 31752
PD before July 2007 : 51717
If this data is true, It would be easily hit early 2006 cut off date for EB2-I in August/Sept 2009 VB
Good luck to every one !
(Note: I got my Green card in 2007)
Very nice and good job. Do you or anybody have similar numbers for EB3-I?
DOL approved labor as follow
For India (all category assume 50% are EB2)
2005 : 1350 (EB2-I : 675
2006 : 22298 (EB2-I : 11149)
2007 : 24573 (EB2-I : 12286)
2007 before July 2007 (approximately 65%)
July 2007 : 15972 (EB2-I : 7986)
2007 labor approval is for FY (up to Sept 07). If person have approved labor before July 2007, 99% he/she might have filed I 485.
Consider derivative (Dependent) factor : 2.5
Following numbers of I 485 pending applications for EB2-I:
2006 : 27872
2007 : 19965
Total : 47837
As per Sen Kyl's information pending I 485 for EB2 India : 51717
PD Before 31 Dec 2005 : 3880
PD Before 31 Dec 2006 : 31752
PD before July 2007 : 51717
If this data is true, It would be easily hit early 2006 cut off date for EB2-I in August/Sept 2009 VB
Good luck to every one !
(Note: I got my Green card in 2007)
Very nice and good job. Do you or anybody have similar numbers for EB3-I?
Dalai Lama
02-01 12:30 PM
All Indian owned desi companies are cheaters.
more...
bach007
07-25 11:03 PM
u can keep renewing your H-1 as long as your 485 has been pending for more then 180 days.(someone corect me if i am wrong).Once u get ure recipt number ure status changes to "485 pending" and can be on h-1 as long as ure GC is approved.No matter when u get married your wife will not be out of status-so its a good decision that u applied.
Hi Priti, thanks for the reply. However my fear is that what you say is not true. I am on my 7th yr extension of H1B and my lawyer has told me that once I apply for 485, I can NOT keep renewing my H1B. That is why he insisted on applying for AP.
Is this information correct? Can someone PLEASE clarify??? :confused:
Hi Priti, thanks for the reply. However my fear is that what you say is not true. I am on my 7th yr extension of H1B and my lawyer has told me that once I apply for 485, I can NOT keep renewing my H1B. That is why he insisted on applying for AP.
Is this information correct? Can someone PLEASE clarify??? :confused:
2010 Sep fond of ombre hair To join
aristotle
02-11 06:21 PM
IV's goal is to fight retrogression. So whoever wants to fight retrogression should stay on board.
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. Clearly USCIS is using one interpretation of the law while there is another possible one.
The discussion here doesn't mean that IV will flip tomorrow and say they will fight for only India/China EB2s.
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?
Right and wrong are relative.
You and I both agree about what is going on.
Interpretation of the law is also subjective.
What I am trying to tell you my friend, like I have tried to tell others like you before, is this. If IV hurts my interest, I would have to be an absolute moron to support it.
I really want to contribute more, and get active in my state chapter, but it is posts like these that make me pause and have second thoughts about it.
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. Clearly USCIS is using one interpretation of the law while there is another possible one.
The discussion here doesn't mean that IV will flip tomorrow and say they will fight for only India/China EB2s.
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?
Right and wrong are relative.
You and I both agree about what is going on.
Interpretation of the law is also subjective.
What I am trying to tell you my friend, like I have tried to tell others like you before, is this. If IV hurts my interest, I would have to be an absolute moron to support it.
I really want to contribute more, and get active in my state chapter, but it is posts like these that make me pause and have second thoughts about it.
more...
h1techSlave
07-10 02:50 PM
As per our lawyers, right now USCIS is in the process of entering our applications in their system (for date of receipt and such). There was a memo from USCIS saying that they will be done with the job of data entry by August 1.
From August 1, we can expect either rejection or acceptance of the actual application. The hope is that a court/congressional intervention before August 1 will change the USCIS action of rejection into acceptance.
Flowers to Condi; any body?
Cheers,
h1techSlave
From August 1, we can expect either rejection or acceptance of the actual application. The hope is that a court/congressional intervention before August 1 will change the USCIS action of rejection into acceptance.
Flowers to Condi; any body?
Cheers,
h1techSlave
hair She ditched her ombre hair for
gaz
09-17 02:19 PM
Laws are like sausages, it is better not to see them being made.
- Otto von Bismarck
i needed that...
going to start making sausages now - i think i am adequately qualified
btw - is sausage maker EB2 or Eb3?
- Otto von Bismarck
i needed that...
going to start making sausages now - i think i am adequately qualified
btw - is sausage maker EB2 or Eb3?
more...
tcsonly
08-26 04:50 PM
I understand that you are trying to be smart but you not quite sounds so. sorry
of course - this is off topic but the whole point is WE are suffering from it and DOES affects us - may be you are not nor you have any clue about what this means to you.
the goal of our community is to drive out the common enemy, share our experience to benefit others- may be sometimes it does sounds off topic but that does matters to us, the same way how $$$ matters to you. I would recommend you just think about bit before start comment on it.
It' not about being smart. Just common sense. As I mentioned this is a forum meant for US employment based immigration issues.
Per your recommendation, I gave a little thought & this is what I came up with.
Why don't you call or go to ICICI bank and ask for their help to fix our immigration issues ?
ADMINS: Please close this thread.
of course - this is off topic but the whole point is WE are suffering from it and DOES affects us - may be you are not nor you have any clue about what this means to you.
the goal of our community is to drive out the common enemy, share our experience to benefit others- may be sometimes it does sounds off topic but that does matters to us, the same way how $$$ matters to you. I would recommend you just think about bit before start comment on it.
It' not about being smart. Just common sense. As I mentioned this is a forum meant for US employment based immigration issues.
Per your recommendation, I gave a little thought & this is what I came up with.
Why don't you call or go to ICICI bank and ask for their help to fix our immigration issues ?
ADMINS: Please close this thread.
hot While fall#39;s ombré hair
rameshvaid
12-22 06:35 AM
Any one else ready to share his story...
RV
RV
more...
house Ombre Hair Colors,
sam2006
07-19 04:25 PM
Just Contributed 100$
Confirmation Number: 6XC73709YH365123U
Confirmation Number: 6XC73709YH365123U
tattoo Ombre hair
snathan
01-17 12:14 PM
The response is expected. Unless IV core members support nothing will move. Many similar threads came and go in past. IV is giving critical updates only to Donor members. So only donor members will know what is happening. Others will not know anything and will not have any direction. That may be one of the reason for poor response for these kinds of polls. If majority of the members are donors then that will be effective.
I request you not to deviate from the topic. Lets hope IV core come up and support in this struggle.
I request you not to deviate from the topic. Lets hope IV core come up and support in this struggle.
more...
pictures Ombré Hair (dark at the top,
vparam
08-01 02:17 PM
What you guys think about On-line MBA ? Is it worth doing ? Any recommendations for on-line MBA or on-line M.S.?
Your inputs are appreciated !
there is no difference between online and regular MBA. some universities who have bith , do not even differentiate it in the diploma. for experiance people who add a MBA it has some value if they seek higher position. if you go on to to brick school you could get selected in campus interviews but the position is also lower
Your inputs are appreciated !
there is no difference between online and regular MBA. some universities who have bith , do not even differentiate it in the diploma. for experiance people who add a MBA it has some value if they seek higher position. if you go on to to brick school you could get selected in campus interviews but the position is also lower
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LoungeActx
06-01 09:12 AM
I like the black with circles......niiiiiice.... :hugegrin:
I just saw this thread...and I'm at work...so I'm gonna download the image and participate this afternoon.
I just saw this thread...and I'm at work...so I'm gonna download the image and participate this afternoon.
more...
makeup wallpaper Ombre Hair Color,
hopefulgc
06-11 08:40 AM
3.25 mil... are you kidding me!!
who car did you rear end? Jon Bon Jovi's
Seems like an easy suit to beat... then again more details might help.
chill!
Hi Gurus,
I need an advice from you.
The situation:
-- Involved in a collision few months back. As I had rear ended the vehicle, as per the investigation, it was found it was my fault(80% mine - 20% others)
-- Now after more than 18 months, I get a law suit for 3.25 million dollars(. This was served against ppl who were involved. Right now my I have my EAD and AP and maintaining H1 status.
So what are my options now?
1. Check with attorney and start defending..?
2. pack the bags and go back to my country ? If so, will there be any issues in coming back again, say after 3,4 years?
3. What about my GC?
Any help would be greatly appreciated and I guess it would be a biggest decision of my life ..
Thx,
PD is Nov 2006.
who car did you rear end? Jon Bon Jovi's
Seems like an easy suit to beat... then again more details might help.
chill!
Hi Gurus,
I need an advice from you.
The situation:
-- Involved in a collision few months back. As I had rear ended the vehicle, as per the investigation, it was found it was my fault(80% mine - 20% others)
-- Now after more than 18 months, I get a law suit for 3.25 million dollars(. This was served against ppl who were involved. Right now my I have my EAD and AP and maintaining H1 status.
So what are my options now?
1. Check with attorney and start defending..?
2. pack the bags and go back to my country ? If so, will there be any issues in coming back again, say after 3,4 years?
3. What about my GC?
Any help would be greatly appreciated and I guess it would be a biggest decision of my life ..
Thx,
PD is Nov 2006.
girlfriend jessica biel hair 2009.
DesiGuy
09-17 01:50 PM
LINK?
http://judiciary.edgeboss.net/real-live/judiciary/17223/56_judiciary-coj_2141_070212.smi
http://judiciary.edgeboss.net/real-live/judiciary/17223/56_judiciary-coj_2141_070212.smi
hairstyles hair color trends for 2011.
Macaca
11-19 12:41 PM
In War on the Middle Class (http://www.amazon.com/War-Middle-Class-Government-Business/dp/0670037923) Lou Dobbs says H1B workers don't pay taxes.
However, H-1B workers are legally required to pay the same taxes as any other US resident, including Social Security and Medicare. Some H-1B workers are not eligible to receive any Social Security or Medicare benefits unless they are able to adjust status to that of permanent resident. However, if their country of citizenship has a tax agreement with the United States, they are able to collect the Social Security they've earned even if they don't gain permanent residency.
In some cases, H-1B workers pay higher taxes than a US citizen because they are not entitled to certain deductions (eg. head of household deduction amongst many others).
Indian techie slams CNN Lou Dobbs! (http://www.indiadaily.com/editorial/10-28a-04.asp) By N. Sivakumar, October 28, 2004
In a book titled "Dude, did I steal your job? Debugging Indian Computer programmers", the author, an Indian software engineer, has slammed Lou Dobbs of CNN for calling the foreign high-tech workers as non-tax payers, and humiliating the enormous contributions of foreign high-tech workforce to the American economy.
"Foreign high-tech workers who come here on H-1B / L1 visas pay every tax that U.S. citizens do, including Social Security and Medicare. But if they return to their homeland, then they will not get any benefits from these programs. The recent recession cost the United States more than half a million foreign high-tech workers who had to return home after paying all these taxes. In fact, Americans owe them money"
The author writes.
"The ignorance to mention the stupendous contributions of immigrant high-tech workers was the primary cause for the anti-Indian atmosphere which is seen among computer professionals lately. Unfortunately, neither the media nor the public understand the foreign high-tech workforce. The net result: those who supported the foreign high-tech worker programs have taken a back seat to play safe, and Indians and others who came here on visas, and worked their butts off to make this country prosper are named 'slaves', 'dummies', and 'enemies'. writes the author, N.Sivakumar.
The book also claims that bringing in foreign high-tech workforce at the right time was the primary reason for America's stupendous high-tech success, and gives statistics and evidence to prove that hadn't America acted quickly, the Europeans would have taken over the software dominance.
The book also outlines the life, struggle and achievements of Indian programmers in America with entertaining facts, and is a prime discussion topic in many anti-outsourcing and immigration websites lately.
However, H-1B workers are legally required to pay the same taxes as any other US resident, including Social Security and Medicare. Some H-1B workers are not eligible to receive any Social Security or Medicare benefits unless they are able to adjust status to that of permanent resident. However, if their country of citizenship has a tax agreement with the United States, they are able to collect the Social Security they've earned even if they don't gain permanent residency.
In some cases, H-1B workers pay higher taxes than a US citizen because they are not entitled to certain deductions (eg. head of household deduction amongst many others).
Indian techie slams CNN Lou Dobbs! (http://www.indiadaily.com/editorial/10-28a-04.asp) By N. Sivakumar, October 28, 2004
In a book titled "Dude, did I steal your job? Debugging Indian Computer programmers", the author, an Indian software engineer, has slammed Lou Dobbs of CNN for calling the foreign high-tech workers as non-tax payers, and humiliating the enormous contributions of foreign high-tech workforce to the American economy.
"Foreign high-tech workers who come here on H-1B / L1 visas pay every tax that U.S. citizens do, including Social Security and Medicare. But if they return to their homeland, then they will not get any benefits from these programs. The recent recession cost the United States more than half a million foreign high-tech workers who had to return home after paying all these taxes. In fact, Americans owe them money"
The author writes.
"The ignorance to mention the stupendous contributions of immigrant high-tech workers was the primary cause for the anti-Indian atmosphere which is seen among computer professionals lately. Unfortunately, neither the media nor the public understand the foreign high-tech workforce. The net result: those who supported the foreign high-tech worker programs have taken a back seat to play safe, and Indians and others who came here on visas, and worked their butts off to make this country prosper are named 'slaves', 'dummies', and 'enemies'. writes the author, N.Sivakumar.
The book also claims that bringing in foreign high-tech workforce at the right time was the primary reason for America's stupendous high-tech success, and gives statistics and evidence to prove that hadn't America acted quickly, the Europeans would have taken over the software dominance.
The book also outlines the life, struggle and achievements of Indian programmers in America with entertaining facts, and is a prime discussion topic in many anti-outsourcing and immigration websites lately.
santb1975
03-14 01:16 AM
I got responses from pappu and Logiclife during the months of december and january. I didn't ask them any questions in Feb. so I did not notice they were quiet.
And the drama continues...
All I had asked was how the older IV core members were doing as I hadn't seen them online in over a year. But as usual a simple question like that and a request for some updates kicks up a storm!!
Once again, this was not to start a storm. I honestly just wanted to find out how the older core members were doing. WaldenPond, thanks for your first response.
And the drama continues...
All I had asked was how the older IV core members were doing as I hadn't seen them online in over a year. But as usual a simple question like that and a request for some updates kicks up a storm!!
Once again, this was not to start a storm. I honestly just wanted to find out how the older core members were doing. WaldenPond, thanks for your first response.
gc_on_demand
03-11 03:58 PM
If figures provided to Senator are true and way Govt agencies working right now. I think first they will Put hard rule for Eb2 qualification. So almost they can shut door for Eb2. They may only allow 20k orless Eb2 in a year. For next 2 years no more spill over to Eb3. That way they can make Eb2 complete clear and becasue of tough policies it will remain C forever.
now in 2011 Eb3 will get almost major chunk of spill and it will clear Eb3 in next 2-3 years. Also new Eb2 and Eb3 will be stuck at labor and I 140 stage meanwhile. I am expecting that they may come up with new policy that if person does not have approved I 140 , cannot file I 485.
So People will be stuck at all 3 stages of GC. almost 8-12 months on each stage.This way they can remove almost 80 % backlog. Total will be 4 year to clean 80 % backlog. After 2013 there wll be only 200k pending 485 will be with them. Which is nice for them to approve 140k out of them easily in a year and leave 60k in a given year.
USCIS cannot wait for politician to increase visa number. If something happen meanwhile like CIR or new point based system then its a different story.
now in 2011 Eb3 will get almost major chunk of spill and it will clear Eb3 in next 2-3 years. Also new Eb2 and Eb3 will be stuck at labor and I 140 stage meanwhile. I am expecting that they may come up with new policy that if person does not have approved I 140 , cannot file I 485.
So People will be stuck at all 3 stages of GC. almost 8-12 months on each stage.This way they can remove almost 80 % backlog. Total will be 4 year to clean 80 % backlog. After 2013 there wll be only 200k pending 485 will be with them. Which is nice for them to approve 140k out of them easily in a year and leave 60k in a given year.
USCIS cannot wait for politician to increase visa number. If something happen meanwhile like CIR or new point based system then its a different story.
