Green.Tech
09-14 09:43 PM
I know I will get reds for pouring cold water but well who cares ..
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US Economy Facing 'Death by a Thousand Cuts': Roubini - Financials * Europe * News * Story - CNBC.com (http://www.cnbc.com/id/32837255)
Additionally, non-government bonds will face pressure, the securitization market is all but dead, the credit markets are still frozen and consumers will continue to save more rather than spend and boost growth.
"It's going to be death by a thousand cuts," said Roubini, chairman of RGE Monitor and economics professor at New York University's Stern School of Business. "The financial system is severely damaged, and it's not just the banks."
Roubini predicted more than 1,000 financial institutions could fail before all is said and done.
At the same time, he said housing prices are likely to fall another 12 percent in the next year�40 percent overall since the market began its steep decline�and about half of all homeowners will owe more on their mortgages than their houses are worth.
Ahh, I was wondering what happened to the nay sayers. Here we go again. I agree with the general consensus that owning a house is a personal matter; depends on each person's own situation. I am amazed by why some folks are hell bent on making others agree to their extreme opinion; be it "yes you must buy" or "no you must not buy". Everyone is correct in what they think is right for them. For the record, I don't own a house, at least not yet. :)
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US Economy Facing 'Death by a Thousand Cuts': Roubini - Financials * Europe * News * Story - CNBC.com (http://www.cnbc.com/id/32837255)
Additionally, non-government bonds will face pressure, the securitization market is all but dead, the credit markets are still frozen and consumers will continue to save more rather than spend and boost growth.
"It's going to be death by a thousand cuts," said Roubini, chairman of RGE Monitor and economics professor at New York University's Stern School of Business. "The financial system is severely damaged, and it's not just the banks."
Roubini predicted more than 1,000 financial institutions could fail before all is said and done.
At the same time, he said housing prices are likely to fall another 12 percent in the next year�40 percent overall since the market began its steep decline�and about half of all homeowners will owe more on their mortgages than their houses are worth.
Ahh, I was wondering what happened to the nay sayers. Here we go again. I agree with the general consensus that owning a house is a personal matter; depends on each person's own situation. I am amazed by why some folks are hell bent on making others agree to their extreme opinion; be it "yes you must buy" or "no you must not buy". Everyone is correct in what they think is right for them. For the record, I don't own a house, at least not yet. :)
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unseenguy
07-04 11:17 PM
You are correct. The rules must have changed recently. I wonder what made them make that change, Now children of US citizens (who were once Indian citizens) have an advantage over children who has both parents as Indian citizens. Weird.. isn't it?
I don't think that the rules are unfair. If both parents are Indian citizens, then the child is eligible for primary citizenship of India. Hence how can he be allowed to take OCI when he infact can get primary citizenship? Also the rules are created with rules for all countries in mind not just USA and also they are intended to protect those who lived in India, paid taxes in India and these rules are to protect interests of children born in India.
I live in US with my wife, we dont have any kids and yes I am in race for GC. But I also know a few couples who applied for US passport for their kids, went back to India, got their kids educated at Indian Citizen's fee schedule in general quota and then sent their kids to US back with citizenship of US.
So..... didnt this put Indian kids born in India at disadvantage?
I don't think that the rules are unfair. If both parents are Indian citizens, then the child is eligible for primary citizenship of India. Hence how can he be allowed to take OCI when he infact can get primary citizenship? Also the rules are created with rules for all countries in mind not just USA and also they are intended to protect those who lived in India, paid taxes in India and these rules are to protect interests of children born in India.
I live in US with my wife, we dont have any kids and yes I am in race for GC. But I also know a few couples who applied for US passport for their kids, went back to India, got their kids educated at Indian Citizen's fee schedule in general quota and then sent their kids to US back with citizenship of US.
So..... didnt this put Indian kids born in India at disadvantage?
pappu
06-12 01:49 PM
kumarc123 I merged your thread + created a redirect with this one because of duplicate post and same discussion on your post in 2 places.
Will respond to your other post soon. Pls look at us as people like you rather than venting against us for everything.
Will respond to your other post soon. Pls look at us as people like you rather than venting against us for everything.
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vinodp1978
06-28 01:47 PM
Thanks .wellwishergc
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Immi_Chant
08-04 03:36 AM
Dude I think you are thinking too much of it. USCIS is an organization that goes by a process. If they have a pending application, they have to process it. they decided in the summer of 2007 that they will hire additional contractors and process all the pending applications so that they reach their goal of 4 months processing times of 485.
Why will they waste their resources on your $325 dollars again dude? Is the amount that high that they will reopen the case at the time of finally alloting a visa number, and spend the money/resources on reviewing the case again?
Whatever be the PD, USCIS is all set for a month processing time of 485 by Sept 2009. All cases filed before Jun of this year should have been either pre-adjudicated or denied by that date.
I don't want to drastically oppose anybody's view or perceptions... But still I don't think that USCIS is an organization which goes with all the so called process models and they will stick with processing of the cases with priority basis - Yes, including all their country, category, etc quota fandas...
Otherwise we would not have seen people who are all with 2006 PD getting approvals where those who have better priority dates (with out tied up with any name check or other hassles) in the same cateogory and country are still waiting... Who knows whether they have some other agenda by getting 1000's of $325 from each applicant upfront, even they very well know that they would not able to do anything for those people in the near future? So why do they worry to take a few contractors for the time being and say bye bye after some time to them. By those uneducated contractors we have suffered a lot of back and forth mailing of the applications during 2007 July, there by making good business for Fedex and USPS. Anyways by that most of us got EAD... Thanks to such an act by the so called organization run by process model :D
Needless to say the small efforts as preadjudication or so will hopefully shed some light for our endless wait. I appreciate it... Better late than never. Atleast if they stop kicking the processing dates back and forth, just what we have seen in the last couple of months and offcourse in the past also, I would say "God Bless USCIS" for not making us fools again and agian.
my 2 cents...
-Immi_Chant
Why will they waste their resources on your $325 dollars again dude? Is the amount that high that they will reopen the case at the time of finally alloting a visa number, and spend the money/resources on reviewing the case again?
Whatever be the PD, USCIS is all set for a month processing time of 485 by Sept 2009. All cases filed before Jun of this year should have been either pre-adjudicated or denied by that date.
I don't want to drastically oppose anybody's view or perceptions... But still I don't think that USCIS is an organization which goes with all the so called process models and they will stick with processing of the cases with priority basis - Yes, including all their country, category, etc quota fandas...
Otherwise we would not have seen people who are all with 2006 PD getting approvals where those who have better priority dates (with out tied up with any name check or other hassles) in the same cateogory and country are still waiting... Who knows whether they have some other agenda by getting 1000's of $325 from each applicant upfront, even they very well know that they would not able to do anything for those people in the near future? So why do they worry to take a few contractors for the time being and say bye bye after some time to them. By those uneducated contractors we have suffered a lot of back and forth mailing of the applications during 2007 July, there by making good business for Fedex and USPS. Anyways by that most of us got EAD... Thanks to such an act by the so called organization run by process model :D
Needless to say the small efforts as preadjudication or so will hopefully shed some light for our endless wait. I appreciate it... Better late than never. Atleast if they stop kicking the processing dates back and forth, just what we have seen in the last couple of months and offcourse in the past also, I would say "God Bless USCIS" for not making us fools again and agian.
my 2 cents...
-Immi_Chant
cram
08-22 10:14 PM
Anybody???
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nixstor
09-15 03:16 PM
Buddy Reddy,
While I am happy for you and your success along with your spouse, I personally consider it as being at the right time in right places making decisions that were in your reach. I do agree that you did lot of planning. Most of the people here run on one income and spouses on H4/F1. So they dont have the edge you had/have. I might sound harsh in saying this but the matter of fact is that the 2 incomes lead to savings which lead to buying a home(s). 1 income, you wouldnt have done all these by yourself. I know several people with 2 incomes and most of them have done this :) Those who havent were the kind of folks who are happy having their 100K in bank rather raking up 200K in equity. I am sure there are a lot of things you can do with a US Citizenship.
IMHO, you are succesful in your own way depending on the situation you were in and how conducive the circumstances were. I feel that this forum is totally going in a direction where people are seeking some sort of solace in discussing stuff that doesnt directly relate here. Now that all of us had discussed about what we can do with a GC can we streamline our effort to what we can do to get a GC.
While I am happy for you and your success along with your spouse, I personally consider it as being at the right time in right places making decisions that were in your reach. I do agree that you did lot of planning. Most of the people here run on one income and spouses on H4/F1. So they dont have the edge you had/have. I might sound harsh in saying this but the matter of fact is that the 2 incomes lead to savings which lead to buying a home(s). 1 income, you wouldnt have done all these by yourself. I know several people with 2 incomes and most of them have done this :) Those who havent were the kind of folks who are happy having their 100K in bank rather raking up 200K in equity. I am sure there are a lot of things you can do with a US Citizenship.
IMHO, you are succesful in your own way depending on the situation you were in and how conducive the circumstances were. I feel that this forum is totally going in a direction where people are seeking some sort of solace in discussing stuff that doesnt directly relate here. Now that all of us had discussed about what we can do with a GC can we streamline our effort to what we can do to get a GC.
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mikesin
04-07 06:08 PM
Thanks Karthik but I am just an MS :)
But one thin I enjoy is problem solving and this is one of the hardest out there as it is dynamic.
With Eb3 India the Horizontal spillover methodology kills most hope as there is the large Eb2 India backlog. In 2007(I think) the vertical spillover methodology was followed and Eb3 India got 17000 or so visa numbers. So with Horizontal spillover and no number increase I am sorry to say movement is limited.
Out of curiosity, what are your thoughts on ROW EB3?
But one thin I enjoy is problem solving and this is one of the hardest out there as it is dynamic.
With Eb3 India the Horizontal spillover methodology kills most hope as there is the large Eb2 India backlog. In 2007(I think) the vertical spillover methodology was followed and Eb3 India got 17000 or so visa numbers. So with Horizontal spillover and no number increase I am sorry to say movement is limited.
Out of curiosity, what are your thoughts on ROW EB3?
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nixstor
07-11 11:04 AM
Spoke with Amit at USINPAC. Looks like the dude doesn't know any thing and might be a summer intern and Mr Robinder Sachdev is in India right now, I asked for his contact info and he doesnt have it right now. He is trying to get his contact information and also escalating with his higher ups. He said that he is receiving a lot of calls from IV members. Dont fire up on this guy. He is just taking calls. I told him that its unfair to grab/steal credit with out mentioning the source and also pointed out how IV has been renamed to Emigration Voice in the original story.
IV should have a own press release refuting their claims, if we do not hear from them in a day or two. That way we can expose them right away and stop them from doing so again in the future. Other wise, this might become a common thing for them
IV should have a own press release refuting their claims, if we do not hear from them in a day or two. That way we can expose them right away and stop them from doing so again in the future. Other wise, this might become a common thing for them
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bskrishna
05-21 01:00 PM
I don't see it either. If this is to be trusted, how come 485 dates moved only by 3 days for NSC? It was July 11th 2007 for the month of April
what is the latest 485 date for TSC..it was June 29th in April..
what is the latest 485 date for TSC..it was June 29th in April..
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sertasheep
06-24 09:48 PM
desi3933,
May be you're right. for the benefit of the others, can you provide more info, and any basis for your statements. This would be useful information to have for a lot of affected individuals. Is there any reference to INA or CFR that one could look up?
the following are desi3933's comments:
- sertasheep:Accruing over 180 days will entail a bar of 3 years for re-entry after the person leaves the US.
- sertasheep: Accruing over 365 days will entail a bar of 10 years for re-entry after the person leaves the US.
- desi3933: 3/10 year ban applies to unlawful presence only and NOT for out of status. If I-94 date is passed, only then person starts accumulating unlawful presence. There is a BIG distinction between unlawful presence and out of status.
Yes, there is a distinction between if the I-94 date has expired, or if it is valid
May be you're right. for the benefit of the others, can you provide more info, and any basis for your statements. This would be useful information to have for a lot of affected individuals. Is there any reference to INA or CFR that one could look up?
the following are desi3933's comments:
- sertasheep:Accruing over 180 days will entail a bar of 3 years for re-entry after the person leaves the US.
- sertasheep: Accruing over 365 days will entail a bar of 10 years for re-entry after the person leaves the US.
- desi3933: 3/10 year ban applies to unlawful presence only and NOT for out of status. If I-94 date is passed, only then person starts accumulating unlawful presence. There is a BIG distinction between unlawful presence and out of status.
Yes, there is a distinction between if the I-94 date has expired, or if it is valid
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sertha1
06-26 09:44 PM
Hi desi3933,
My wife got approval notice from 10/01/2006. Her employer is willing to give paystubs from March 2007. Will this put her back in status so that she can file I-485?
We are planning to resign after she file I-485 at July end and apply for COS with 2 paystubs. Will this cause a problem or is it legal?
Could you please advice?
Thanks
Person can start working after applying for the SSN.
http://www.immigration.com/faq/eadfaq.html#63
>> People who switched from F2/H4 to H1 can consider their SSN application time as valid status.
No, After change of status (to H1-B) approval, person has 30 days (from approval date) to start working.
Not a legal advice
-----------------------
desi3933 at gmail.com
My wife got approval notice from 10/01/2006. Her employer is willing to give paystubs from March 2007. Will this put her back in status so that she can file I-485?
We are planning to resign after she file I-485 at July end and apply for COS with 2 paystubs. Will this cause a problem or is it legal?
Could you please advice?
Thanks
Person can start working after applying for the SSN.
http://www.immigration.com/faq/eadfaq.html#63
>> People who switched from F2/H4 to H1 can consider their SSN application time as valid status.
No, After change of status (to H1-B) approval, person has 30 days (from approval date) to start working.
Not a legal advice
-----------------------
desi3933 at gmail.com
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Gravitation
07-20 03:05 PM
How come we didn't have any phone campaign? What were our lobbyists doing?
I'm glued to C-SPAN whenever anything related to immigration is going on in the senate. This time I wasn't aware of it.
We need to be more alert this time. Maybe a phone campaign or web-fax campaign would have turned the scale! We gotta be more alert.
I'm glued to C-SPAN whenever anything related to immigration is going on in the senate. This time I wasn't aware of it.
We need to be more alert this time. Maybe a phone campaign or web-fax campaign would have turned the scale! We gotta be more alert.
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desi3933
06-18 03:25 PM
Also, what forms do you need to apply for H4 extension? can you have 2 valid visas at the same time say B1/B2 and H4?
I-539 (Filing Fee $200). Application To Extend/Change Non-immigrant Status
http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=94d12c1a6855d010VgnVCM10000048f3d6a1RCR D
One can have more than 1 visas, but only one active status when physically present in the USA.
Exception: One may maintain H1/H4/L1/L2 status along with AOS Pending status.
Please check and verify details with your attorney/lawyer. This is NOT a legal advice.
----------------------------------
Permanent Resident since May 2002
I-539 (Filing Fee $200). Application To Extend/Change Non-immigrant Status
http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=94d12c1a6855d010VgnVCM10000048f3d6a1RCR D
One can have more than 1 visas, but only one active status when physically present in the USA.
Exception: One may maintain H1/H4/L1/L2 status along with AOS Pending status.
Please check and verify details with your attorney/lawyer. This is NOT a legal advice.
----------------------------------
Permanent Resident since May 2002
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chanduv23
02-23 02:05 PM
Assuming that AC21 documentation does reach my file, is there any harm in it?
I am not sure, but I have heard that most cases go through just fine because AC21 protects you, but only when ex employer withdraws the support for 140, some officers may want to ascertain that the new job is satisfying AC21 criteria and may ask foer more information than that was provided - now all this is based on what people talk about in the forums and on my discussions with people, as such, if you are doing everything by law there should not be any issue
I am not sure, but I have heard that most cases go through just fine because AC21 protects you, but only when ex employer withdraws the support for 140, some officers may want to ascertain that the new job is satisfying AC21 criteria and may ask foer more information than that was provided - now all this is based on what people talk about in the forums and on my discussions with people, as such, if you are doing everything by law there should not be any issue
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gc_on_demand
07-30 11:08 PM
There were many I-485 applictions from EB2 ROW from 2005/2006/2007/2008 pending (some stuck in namecheck, some just filled in rack and some waiting an IO). All these applications where getting approved in 2009. Recent trend 2008/2009 I-485 EB2 ROW apps are getting approved (meaning not many old apps left).
Going forward EB2 India/China should see forward movement (and if i can esitimate right big numbers for year 2010 if recession continues).
It could be true that those ROW app will be around 22k so no cut off dates adn there will be very less spill this year. So really slowdown in economy helped them a lot. Next year if economy continue to be slow then it may help india lot. but not 100% it will clear backlog.
We need recapture to clear all backlog.
Going forward EB2 India/China should see forward movement (and if i can esitimate right big numbers for year 2010 if recession continues).
It could be true that those ROW app will be around 22k so no cut off dates adn there will be very less spill this year. So really slowdown in economy helped them a lot. Next year if economy continue to be slow then it may help india lot. but not 100% it will clear backlog.
We need recapture to clear all backlog.
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wrldnw4me
11-02 11:18 AM
One of my friend who is on H1 went to DMV office to change State from TX to Colorado and they gave him a case number asked him to go to MVI office for immigration status check in Denver...
This one happened couple of months ago, I don't know whether my friend went to MVI office or not.
This one happened couple of months ago, I don't know whether my friend went to MVI office or not.
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ianlock
09-13 12:40 PM
I think it was a pun, arse-ole => stinks !! :-)
sorry i didnt realise.
:confused:
sorry i didnt realise.
:confused:
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amitjoey
05-14 04:56 PM
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Sri_
03-17 02:01 PM
My friend recently came through EWR, he had no issue other than more waiting time (approx 1 hr). He just showed his AP & Passport. He was sent to other counter, upon which they asked only one question 'Are you the same person that it is displayed in the AP document' :)
Everything went cool with him. His I-94 is valid for 1 year from the date of entry.
Thanks
Everything went cool with him. His I-94 is valid for 1 year from the date of entry.
Thanks
psaxena
07-31 01:08 PM
Everyone is going to get citizenship .. yes right citizenship by next year.. no GC business.
Now everybody say "AMEN"
Now everybody say "AMEN"
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