Sunday, June 26, 2011

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  • lazycis
    10-16 08:52 PM
    NC has been pending since April 2004. Currently in process of suing the government.





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  • chetanjumani
    03-14 01:16 AM
    Ok. I agree with everything you say but you still haven't explained why EB-2 China hasn't moved. They never were Unavailable, which means they haven't used their quota but are still retrogressed. Why absolutely no relief for them? Not even a month forward movement?

    To be honest, I have no way to know why absolutely no change for China. There have been times earlier where India and China had similar cut out dates, then they changed dramatically, then India became unavailable, and now they are same again. With so much happening, I would say its very difficuilt to have a logical reason with no real data.

    All I can come up is that perhaps China might had a little higher demand than India in the last few months, or just that in case of spill overs, most visas might be consumed by countries most retrogressed, or perhaps DHS believes that the number of visas spill over would be only enough to cover EB2 Inida + EB2 china up to a certain date and China was already at that date, so if the demand is less than expected, then we will see movement in both India and China.

    Wish best for all Employment based filers. Hopefully some law change comes and justice is done to every one.

    I would hate to see different immigrant groups worrying about which group is getting ahead.

    Keep contributing to IV effort and hope no one need to go through extended wait times..........





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  • 485Mbe4001
    05-23 04:17 PM
    As someone who has talked to the congressmen and their staff, i can say that they do keep track of the number of people calling to support or speak against a bill. They can judge the public support or backlash easily. Talk radios inflamed anti immigrant groups who made thousands of calls. We on the other hand analyze the bills to death (in process provide talking points to the opposition), ask for minute by minute updates and start daydreaming on how we will celebrate when the bills pass. We make one call and expect immediate results.

    You might be a 'voteless alien' but realize that you are supporting an economy of 'voters'. In your spare time calculate the amount of money you spend and the ancillary jobs you directly or indirectly support, you will be surprised.

    Finally, the IV folks have some experience and they say things based on some background information that you might not be privy to. Also realize that many hardworking members of IV have their green cards and they are still working for the likes of you and I. I can understand that your post could be an immediate negative reaction of the amendments failure but the fact that you care shows that there is point to your pointless wait.





    looks like ur sunny side is up and its still raw!..;-) (2 posts)

    my point is: citizens matter..not voteless aliens..
    we cannot have the same game plan as numbersusa...

    all i am saying is..maybe we need a newer and innovative approach to get our voices heard.. One speaking head ..not a herd!





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  • thakurrajiv
    07-30 10:34 AM
    Dont even think about it unless you are a quant and have resources that can compete with the Hedge funds. Commodities do not behave like stocks, you need to be able to model prices using multi variate models. Then there is jumps. You should be familiar with jump diffusion/step functions etc. To be able to model these you will need to use a factor model like the Pilipovic model. Even then it will only be an approximation.

    Commodities are purchased as futures. Futures are derivatives and you will need to hedge them. A perfect hedge for a future is 1:1 in the spot. Since there is no arb here you will have to use options. To model the price of an option you will have to be a master of Black-Scholes option pricing model or a similar method like monte carlo simulation. Even if you figure all this out you will have to delta hedge. Delta hedging commodity options is very expensive, you will bleed money. Look up Hodges-Nuberger model for delta hedging options on derivatives.

    I suggest a book by Daragana Pilipovic called "Energy Risk", buy it and read it. After that if you still feel you can take on hundreds of computers running parallel with teams of quants modelling prices and programs trading algarithimic models; then Good luck!!

    Trade stocks as modelling stocks is comparitively easy. Stocks have drift (mu). If you are saturated with stocks look into options and Fixed income. Leave all these complicated stuff to the pros. You have better chance of hitting a jackpot in a casino than making money in trading commodities.
    Wow, smisachu summarized the issue in 2 paragraphs !! Great post smisachu.
    As smisachu pointed out for futures, forwards or options trading you will be going against the pros. Hedging is also not a static process, it is dynamic which means you need scale(lots of money) to trade. Unless you have lot of money and big heart for loss, it does not make sense to play in those markets. If you really want to try, try playing with options using optionsExpress or some other cheap trading website.
    Now fundamental investing is different. Instead of directly playing with commodities you can play commodity stocks which are proxy for the commodity. The issue here is there are a few big players and bunch of small players. Small plays are too risky as most of them have resources outside US. You might be able to play big ones or medium sized ones. Have a look at companies like COP, EAC etc. You might be interested in looking at Canadian oil sands and trust plays.
    Let me warn you about the volatility. As covered by smisachu, the pros can manipulate the prices in futures. Futures seem to be affecting spot a lot. Oil prices or any commodity can be very volatilile. So if you can't take 10% swings in days/hours, don't even think about commodity stocks !!
    Personally I am long bull of oil and will stay like this in forseable future. I have interesting stories on my boom and bust experiences but that is a good beer talk :).



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  • goodluck
    12-14 12:22 PM
    No It was not a joke.

    If you think you earn way more then go ahead and contribute more. I just put dollar amounts in front. Many desis here work at 55-65K per year and that is roughly $30 an hour. The ideas is get off your high horses and earn money through sheer labor to get the job of funds done. I see no problem with that.





    Hey, dude, I hope that this was a joke :D

    Because I doubt that anyone willing to wash my car for a few bucks is highly skilled. Personally, I prefer, give 1 day of salary - that's way over $25, and far more effective (I get paid more than $25 for the time it takes to wash a car).


    [edited]
    Huum, I rather thing that it was not a joke. No offense intended.
    The dinner and movie is the best idea.
    Actually I think that the other ideas to be "less than optimal", thus I thought they were a joke.





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  • Humhongekamyab
    07-02 02:44 PM
    I have taken my Ex - employer to DOL and USCIS and I was successful getting my money back.

    If you go with lawsuit then it becomes partially a Civil case rather than criminal offense.

    If any one needs info how to proceed send me a PM

    Good job buddy.

    This is a good option-to sue your employer but if you want a free attorney then let DOL W&H division do that job for you. Their officers will audit the employer and will check their records for the last 5 years and will also fine them.



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  • desi3933
    06-22 08:19 AM
    I had the same kind of situation . I work for a Fortune 5 company . The prevailing wage some how came to $5000 more than the salary than the company pays me ( I think I am pretty competitively paid ) . Our attorney team told me that this is nothing to worry about . The wage difference actually matters when your I-485 is filed and about to be approved . So you could actually go ahead and file the labor and get the I140 approved and wait for your wage to rise to the levels ( you will have to wait anyhow for a few years ).So if I have to wait for like 3 years for my GC my wage will surely rise to USD 5000 in 3 years . Also remember that the total wage is the sum Salary + Joining bonus + awards + yearly bonus . So you could add these things to give your total wage .

    >> The prevailing wage some how came to $5000 more than the salary than the company pays me
    That is really odd. Is your I-140 approved?

    Joining Bonus, Awards, and Year Bonus are NOT part of salary unless it is defined and guaranteed for every year.

    Not a legal advice.
    ------------------------------------
    Permanent Resident since May 2002





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  • sundar99
    02-22 10:00 AM
    Hi Sobers,

    Outstanding efforts. Also, not sure if you all agree ? if we get the NASCOM email id for karnik, perhaps we shud emphasise the SOCIAL SEC contribution made by us so that, they do not forget us at the last minute, since H1 issues will be followed up more religiously.


    Should we send out emails to karnik and crowd ?



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  • lfgc
    12-29 09:28 AM
    Techy wont bother us again. Say TA-TA to techy2468.

    Sorry this thread took an ugly turn with techy's profanity and inflammatory comments.
    I know that this guy techy has written some strong stuff all the while...But, if you're banning him for this post...don't think this is right.
    His question seemed legitimate.
    His arguments may not be well liked...but, he seems to hit the nail hard...that's about it. Remember, life isn't a bed of roses. So, lets learn to take what's hard too.
    Good luck.





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  • Wendyzhu77
    07-12 10:01 AM
    exactly. whatever they do, it will not be fair, so it is really a huge mess created by the stupid C in the original bulletin.
    If applications are not accepted, its unfair. (by people of with recent PD)
    If they are accepted now, its unfair. (by people whose apps were sent back)
    If they were accepted from July 1st, its unfair.(by backlog applicants)
    I dont understand how to solve the mess. Of course I created this mess.
    I resign.
    USCIS.:)



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  • dollar500
    05-08 07:48 PM
    I have done a lot of research on this topic and ended up in taking Tata-AIG. Few tips I can tell:

    1. Try a high deductible: It brings down your rate significantly down. The way I saw it is, hopefully nothing will happen to my parents and for small things I have friends who can help them out. If there is something big I can afford a part of it and let insurance take care of rest.

    2. have a few extra days than what your parents are coming for: say they are coming for 90 days get one for at least 120 days. Also make sure you get policies which are renewable.

    3. Check on the insurance website if it covers hospitals in your area. I looked in one insurance where nearest hospital was 35 miles away from my home.

    4. Look for ICU and surgical coverage closely as these two coverages are the most expensive and insurances tend to not cover it.

    Hope these helps. Good luck with your parents visit. Let me know if you have questions :)





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  • rangaswamy
    08-26 02:30 PM
    Since this discussion has been going on for 5 pages, i thought ill add my 2c.

    Firstoff i haven't gone through all 5 pages so if someone already mentioned this, please don't jump on me. You can create an SBI account called SWIFT account. They will give you an account number and a SWIFT code for the bank.

    You can then initiate a wire transfer from any bank in the US. They charge a flat rate of around 35-45$. The good part is, you can have the money sent in $ to your local account. They say it takes 3 days but it never takes more than one day for me.

    The money is saved in FD as dollars and earns you interest if you leave it for 11 months. If you need to convert it any time, you have to forgo the interest (as with any FD) and you can get the closing exchange rate of the previous day.

    This has many advantages
    1) one simple fee of 35$
    2) In case you want to bring back the money to the us, since it is kept as dollars, you can transfer it back without any hassle. (To keep it in dollars , you may have to provide this as a special instruction)
    3) Folks back home have control on exchange rate, they can cash it any time it is high
    4) Takes less than a day in most cases.

    If you do the math, you will see that this is better than icici when you are sending 4000$ or more approx. icici does not take fees upfront but they always give you almost 50p less than exchange rate.

    I have used this 4 times so far and its very reliable.

    Thanks.



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  • seahawks
    07-17 11:10 PM
    Total Signatures: 961?

    That is it, after we have so many members, come on guys, show support to reject misinformation and distorted campaign.





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  • pmb76
    03-27 03:17 PM
    People may get LUD (not trying to demoralize just facts), but with this recession....koi chance naheeen of any date movement.......bullietin or no bullietin...just cut and past of past month.......as far as i am concerned, first my id was kutta, now its Khujao Kutta due to the itch caused by the GC wait....dont know what the id will be next...in short wait will continue....:D


    Maybe you can change your name to laalkutta coz you've turned red by scratching so much.



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  • desi3933
    08-26 05:13 PM
    Since this discussion has been going on for 5 pages, i thought ill add my 2c.

    Firstoff i haven't gone through all 5 pages so if someone already mentioned this, please don't jump on me. You can create an SBI account called SWIFT account. They will give you an account number and a SWIFT code for the bank.

    You can then initiate a wire transfer from any bank in the US. They charge a flat rate of around 35-45$. The good part is, you can have the money sent in $ to your local account. They say it takes 3 days but it never takes more than one day for me.

    The money is saved in FD as dollars and earns you interest if you leave it for 11 months. If you need to convert it any time, you have to forgo the interest (as with any FD) and you can get the closing exchange rate of the previous day.

    This has many advantages
    1) one simple fee of 35$
    2) In case you want to bring back the money to the us, since it is kept as dollars, you can transfer it back without any hassle. (To keep it in dollars , you may have to provide this as a special instruction)
    3) Folks back home have control on exchange rate, they can cash it any time it is high
    4) Takes less than a day in most cases.

    If you do the math, you will see that this is better than icici when you are sending 4000$ or more approx. icici does not take fees upfront but they always give you almost 50p less than exchange rate.

    I have used this 4 times so far and its very reliable.

    Thanks.

    There are some banks (e.g. Washington Mutual Bank) that offer Free outgoing wire transfer for both domestic as well as International.

    Just FYI and I suggest that you do your research before acting on it.


    ________________________________________
    Proud to be Indian-American and Legal Immigrant





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  • javadeveloper
    11-25 08:10 AM
    What are the steps to follow to switch over to EAD, do i have to fill out some form and how do i i nform uscis ?

    Use EAD for working by filling I-9 form with your employer.Informing USCIS is optional.



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  • prioritydate
    08-22 12:53 PM
    Seriously, folks. What's with this thread? Total waste of time.

    Someone announces his 'greatest achievement' ... others challenge him to show true patriotism... yet others ask him to continue supporting India etc., AND this chap actually responds :)!

    Wow! Seriously we all have too much time on our hands to be self promoting / congratulating / reminiscing etc...

    Glad that this person will call US Senators etc., lets thank him for that and keep moving... instead of grilling him on things that matter to you! He owes you all no explanations or apologies.

    Peace!

    Right on! It is not a great achievement, but he was happy to share this with immigration community. I don't think anyone need to get offended by his post.





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  • Green.Tech
    06-19 02:18 PM
    When is the full committee meeting?

    I am not sure willwin. Sorry :confused:





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  • KanME
    07-19 04:36 PM
    Great Idea..how can this be done without being a tax liability for Aman?





    pappu
    07-02 11:43 AM
    I think we should also hear from people who have taken action and what their experience was. This may give ideas to others.





    legalVoice
    04-27 03:12 PM
    Contributed $100 by paypal



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