Understanding the United States of America (USA) - IV

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SBajwa
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Re: Understanding the United States of America (USA) - IV

Post by SBajwa »

by Rammpal
The doughllar is going to Collapse, either way ?!! :!: :-o :D
And his tax proposal sounds a lot like Modiji advisers' tax regime proposal as well, abolish income tax, for e.g.
Why will dollar collapse? Unless you are a Prophet! Please provide some valid input!
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Re: Understanding the United States of America (USA) - IV

Post by vera_k »

Singha wrote:foreign students who organized some 2.5cr for UG and 40-80L for MS must be really scared now about the fate of the opt, h1 and gc pipeline.
Why? They're likely to a green card instead of a visa.

IIRC the last bipartisan bill that failed cloture in 2007 shifted numbers from family immigration to employment immigration by introducing a points based system, and introducing quotas for some categories (e.g. parents). Dual intent in L1/H1 was taken away, which would have helped the outsourcing companies as well, since it would simplify immigration processing for employees.
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Re: Understanding the United States of America (USA) - IV

Post by Arjun »

TSJones wrote:
Arjun wrote:Also, if Trump takes steps against Indian IT services industry on the visa side, India should retaliate against US bank licenses or other US-based service industries wanting to enter India.
in that case the US will win. the US is a bigger customer of India than India is of the US. of which Modi has stated is an important goal......
Well yes, the US runs a trade deficit with India...but the US China trade deficit is 15 times bigger ! Trump needs to have his priorities straight....as a businessman I think he would get it.
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Re: Understanding the United States of America (USA) - IV

Post by LokeshC »

vera_k saar,
That kind of bill will not go through in the near future. Probably has a better chance if the Republicans win in the midterms and Trump keeps his words.
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Re: Understanding the United States of America (USA) - IV

Post by SBajwa »

Trump will force China to appreciate their currency (Renminbi/Yuan). According to some Chinese currency Yuan is currently undervalued by 40%. It is currently $1=7 yuan. Somewhere around 3-4 Yuan per dollars is what is needed.
Last edited by SBajwa on 22 Nov 2016 22:48, edited 1 time in total.
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Re: Understanding the United States of America (USA) - IV

Post by Singha »

Here is trump pov on gc. Good luck to eb3/2 aspirants...

http://qz.com/833906/president-trump-pl ... difficult/
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Re: Understanding the United States of America (USA) - IV

Post by svinayak »

SBajwa wrote:

Why will dollar collapse? Unless you are a Prophet! Please provide some valid input!
Everything right now shows that $ will collapse

Bond market bubble and global trade slowdown /switch will reduce $ demand
Gold is kept low with ETF
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Re: Understanding the United States of America (USA) - IV

Post by TSJones »

SBajwa wrote:Trump will force China to appreciate their currency (Renminbi/Yuan). According to some Chinese currency Yuan is currently undervalued by 40%. It is currently $1=7 yuan. Somewhere around 3-4 Yuan per dollars is what is needed.
no he will not. you heard it from TSJ.

the federal reserve *will* fight inflation. Trump or no Trump.
Last edited by TSJones on 22 Nov 2016 22:54, edited 1 time in total.
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Re: Understanding the United States of America (USA) - IV

Post by Marten »

^^^ Singha saar, that is from Quartz - which is the equivalent of MSNBC in terms of Trump coverage! Until there is an announcement from President Trump as opposed to candidate Trump, would be difficult to take at least Qz at face value.
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Re: Understanding the United States of America (USA) - IV

Post by TSJones »

svinayak wrote:
SBajwa wrote:

Why will dollar collapse? Unless you are a Prophet! Please provide some valid input!
Everything right now shows that $ will collapse

Bond market bubble and global trade slowdown /switch will reduce $ demand
Gold is kept low with ETF
you clearly do not understand the federal reserve or its mission.
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Re: Understanding the United States of America (USA) - IV

Post by svinayak »

Singha wrote:Here is trump pov on gc. Good luck to eb3/2 aspirants...

http://qz.com/833906/president-trump-pl ... difficult/
They want only temp workers for 20 years until demographic catches up
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Re: Understanding the United States of America (USA) - IV

Post by svinayak »

TSJones wrote:
svinayak wrote: Everything right now shows that $ will collapse

Bond market bubble and global trade slowdown /switch will reduce $ demand
Gold is kept low with ETF
you clearly do not understand the federal reserve or its mission.
Monetory policy can be used but since $ is a global trading currency and much outside the system.
Unless there is a deep contraction there will be excess of $
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Re: Understanding the United States of America (USA) - IV

Post by LokeshC »

Singha wrote:Here is trump pov on gc. Good luck to eb3/2 aspirants...

http://qz.com/833906/president-trump-pl ... difficult/
+100
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Re: Understanding the United States of America (USA) - IV

Post by Austin »

svinayak wrote:
SBajwa wrote:

Why will dollar collapse? Unless you are a Prophet! Please provide some valid input!
Everything right now shows that $ will collapse

Bond market bubble and global trade slowdown /switch will reduce $ demand
Gold is kept low with ETF
Dollar’s Decline Will Be the “Wild Card” Play of 2017
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Re: Understanding the United States of America (USA) - IV

Post by Austin »

Secret Service Agent Tells All - Hillary Clinton is CRAZY - Gary Byrne - Full Interview

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Re: Understanding the United States of America (USA) - IV

Post by IndraD »

Trump not to push for investigation on HC. ToI
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Re: Understanding the United States of America (USA) - IV

Post by Rudradev »

Hey, Indian GC Holders (and US citizens born in India)!

Get ready to R2I if you plan on spending any significant time with your loved ones resident there! Because they won't be coming here to stay, anytime soon.

Courtesy Steve Bannon, Richard Spencer and the Alt-Right that wants to keep America white. Some here thought that Bannon's taqleef over non-white CEOs in Silicon Valley was of no consequence. Well...

http://www.vox.com/2015/8/16/9162905/trump-immigration
Trump would sharply reduce legal immigration — especially high-skilled immigration

On the campaign trail, Trump's objections to immigrants have focused on his view that they're prone to committing crimes — not, as some of his Republican competitors have emphasized, on their taking American jobs. But his platform focuses heavily on economic concerns as well.

This is perhaps unsurprising given that Trump consulted Sen. Jeff Sessions (R-AL) in formulating his immigration proposal. Sessions is the chair of the Immigration Subcommittee of the Senate Judiciary Committee and Congress's most outspoken opponent of legal immigration — which he blames for causing unemployment and hollowing out the American middle class.

Rhetorically, Trump's platform focuses on "low-wage workers" being brought to the US by greedy employers. But his specific proposals are squarely aimed at the program Sessions has made his committee's biggest target: the H1-B visa for "high-skilled" immigrant workers.

Trump would raise the "prevailing wage" that H1-B workers must be paid, to make it less appealing for employers to hire them. And he would require all employers to "hire American workers first" before seeking visas for immigrant labor. (Some employers seeking visas have to attest that they've jumped through certain hoops to recruit Americans before petitioning for the visa; it's not clear if Trump wants to make this requirement universal, or implement something stricter.)

Perhaps the most radical idea in Trump's proposals to limit legal immigration is something he calls "immigration moderation" — a moratorium on giving any green cards to "foreign workers abroad" for a period of time, to force American employers to hire unemployed Americans in the US. Trump doesn't specify if he would put a moratorium on all green cards, or just those issued for employment.

If Trump just wants to stop giving people green cards for the purpose of working in the US, that wouldn't be radical at all. It'd just be another minor tweak aimed at high-skilled workers. Very few people living abroad get employment-based green cards right off the bat, and they tend to be exceptionally skilled workers and rich investors.

But if Trump is calling for a moratorium on all new green cards, thus preventing anyone from immigrating to the US as a permanent resident, he'd essentially put a freeze on family-based immigration to the US. That would definitely stifle the most common way that "low-wage," low-skilled immigrants come into the country. It would put a huge dent in immigration from Mexico and the Philippines, as well as China and India — all countries where backlogs for green cards are so long that relatives have to wait years or decades before getting them. And it would basically stop the only line that exists for millions of people to get into the United States legally.
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Re: Understanding the United States of America (USA) - IV

Post by devesh »

We saw the spectacle of Gabbard's evangelical opponent insulting her as a "devil worshipping" pagan. This is the Christian fanatical opposition to Gabbard. Now for a sample of leftist opposition to her and broader Hindu identity, please see this:

https://www.pastemagazine.com/articles/ ... he-is.html

The sheer hatred shown against any assertion of Hindu interests is transparently on display. Its easy to spot Christian hatred of Hindus. But leftist hatred against Hindus is more cloaked and only revealed on rare occasions like the article above.
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Re: Understanding the United States of America (USA) - IV

Post by devesh »

A Jewish perspective on Keith Ellison and the potential direction of American leftism:

http://www.tabletmag.com/jewish-news-an ... #pq=imrWbX

Ellison is an outright Islamist who has become the darling of American "progressives". The American Left is well on its way to becoming an extension of global islamism.
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Re: Understanding the United States of America (USA) - IV

Post by nachiket »

Rudradev wrote:Hey, Indian GC Holders (and US citizens born in India)!

Get ready to R2I if you plan on spending any significant time with your loved ones resident there! Because they won't be coming here to stay, anytime soon.

Courtesy Steve Bannon, Richard Spencer and the Alt-Right that wants to keep America white. Some here thought that Bannon's taqleef over non-white CEOs in Silicon Valley was of no consequence. Well...
Well thank you for voting for Trump.
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Re: Understanding the United States of America (USA) - IV

Post by Rudradev »

nachiket wrote: Well thank you for voting for Trump.
I've stated quite plainly, in previous posts, that I am not a US citizen and have no vote to cast in US elections. But I understand that it's far easier to make unwarranted assumptions than to read, so carry on.
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Re: Understanding the United States of America (USA) - IV

Post by LokeshC »

That article is from August 2015 FYI. Not discounting the fact that the going is gonna get tough (for non white immigrants).
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Re: Understanding the United States of America (USA) - IV

Post by shravanp »

Well there's certainly alot of H1 abuse where firms like Infosys and other desi sweatshops filing hundreds of them virtually choking off the quota thus turning it into a lottery system. It wasn't like this before (10 years ago). It's potentially abuse. Hope Trump fixes this by penalizing these filers. I'll still wait for Trump's policy on legal immig, because he was pro-immig of high skilled labor.
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Re: Understanding the United States of America (USA) - IV

Post by UlanBatori »

IndraD wrote:Trump not to push for investigation on HC. ToI
Oh, so in India, it's the Prime Minister who decides whether a given government agency should actually conduct an investigation? WHAT a fine, advanced, incorruptible system!! :roll:

This is classic non-news sensationalist headline (yes, came on CNN too, where else would TOI copy it?)
Anytime the President "pushes" prosecution, that is political vendetta. Maybe he can file a complaint like anyone else, and of course it would be taken seriously. But he ***HAS** already made it clear that the FBI, IRS etc should investigate. Now it is up to the law enforcement agencies to investigate properly.

What the POTUS does NOT want, is that when charges are filed, those are seen as political vendetta.

OBVIOUSLY such things cannot be seen as "driven by the White House" which is what these bozos are trying to paint. This is yellow journalism at its worst.
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Re: Understanding the United States of America (USA) - IV

Post by MurthyB »

All of this :(( over racism etc is just :rotfl: . The biggest threat that the Trumpangutan administration poses is to Trumpangutan himself. If he doesn't get his little orange hands off his Trumpire, that profs prediction that he will be impeached will come to pass. Those hearings will make Clintonian corruption seem like a 3d grade missing homework interrogation..He should have the sense to trump his ego and let go of his Trumpire since otherwise the electoral college's power won't save him later.
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Re: Understanding the United States of America (USA) - IV

Post by Paul »

Children will face unfiltered racism in schools and parks. No matter how much we shut the outside world out we cannot fence our children from taunts and jeers from rhetoric.

Something for American Indians to think about....
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Re: Understanding the United States of America (USA) - IV

Post by GShankar »

Rudradev wrote:Hey, Indian GC Holders (and US citizens born in India)!

Get ready to R2I if you plan on spending any significant time with your loved ones resident there! Because they won't be coming here to stay, anytime soon.

Courtesy Steve Bannon, Richard Spencer and the Alt-Right that wants to keep America white. Some here thought that Bannon's taqleef over non-white CEOs in Silicon Valley was of no consequence. Well...

http://www.vox.com/2015/8/16/9162905/trump-immigration
The quoted news item seems dated.

There was a more recent one that Singha quoted which was very similar in tone and content. However, per my read, the situation for H1b and GC applicants, especially from India has been getting more and more difficult relative to others.

DT coming with the policy could probably accelerate this but it would be pretty much more of the same in a quicker pace. Suffice to say the "wealthiest minority group" tag has come back to bite us. Rather, it has been biting us for a while.

I also posted another video from September 2015 where DT was saying - he wants to keep Indians especially with entrepreneurial abilities in US so that they could create more jobs in US.

I think, when the dust settles down, our situation may not be much worse and on the contrary let's hope modi and team are able to negotiate a better deal for us at the cost of napakis.
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Re: Understanding the United States of America (USA) - IV

Post by Rammpal »

TSJones wrote:I think it is hilarious that certain Indians are having wet dreams about the failure of US currency or the potential repudiation of the US debt.

as if the collapse of the global trading system will benefit India. :rotfl:

it doesn't connect to these wishful thinkers about which trading partner gives the most favorable trading balance to India.

l
errr,

http://theeconomiccollapseblog.com/arch ... -recession

:-o

i.e.: isn't really a, coming soon to a market near you, phenomenon, is it ?
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Re: Understanding the United States of America (USA) - IV

Post by Rammpal »

Zynda wrote:
I think at this point, we need US more then they need us. Will be difficult to do a tit for tat response. Just have to suck it up and find other ways to be competitive.
"...suck it up..." would mean more of the same for the next 1000 years, vis-a-vis, imported fighter jets, tanks and latrines.

Did Putin run to a Red Square corner when both EU and US placed BS stops on him ?
-do- Iran !!

Look ??? for other ways ?, as in this isn't done already ?!!
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Re: Understanding the United States of America (USA) - IV

Post by Rammpal »

Paul wrote:
Something for American Indians to think about....
Which one?
Woo-woo or turban ?
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Re: Understanding the United States of America (USA) - IV

Post by Rammpal »

Rudradev wrote:
"hire American workers first"
:D
Which one ?
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Re: Understanding the United States of America (USA) - IV

Post by TSJones »

i.e.: isn't really a, coming soon to a market near you, phenomenon, is it ?
please examine the US India trade balances carefully from last year to this year.

https://www.census.gov/foreign-trade/balance/c5330.html

you will find that it is INCREASING in India's favor,

I can assure you this will not continue if the dollar collapses or its debt is repudiated.

the fact is, the US leads the world in financial indicators.

the failure of the dollar as a reserve currency will have far reaching consequences that even India will not be able to insulate itself frpm.

again, Modi has decided what his course action will be and that includes increasing trade with the US and also with others, The US is key to his plan.

so what is with this hoped for fascination with the failure of the US dollar?

the answer is........ignorance.
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Re: Understanding the United States of America (USA) - IV

Post by Paul »

Rammpal wrote:
Paul wrote:
Something for American Indians to think about....
Which one?
Woo-woo or turban ?
At least turbans have confidence in them...others whose parents loathe India will grow into gen of self hating people.
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Re: Understanding the United States of America (USA) - IV

Post by Dipanker »

UlanBatori wrote: OBVIOUSLY such things cannot be seen as "driven by the White House" which is what these bozos are trying to paint. This is yellow journalism at its worst.
Yellow journalism by all sources? May be you have jaundiced eyes (pun intended) !

WSJ: Donald Trump Won’t Push for Investigations of Hillary Clinton

Washington Times:Donald Trump won’t pursue Clinton email or foundation investigations as president

NY POST: Trump won’t pursue charges against Clinton

Now these aren't exactly your average liberal news outlet.
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Re: Understanding the United States of America (USA) - IV

Post by UlanBatori »

Are the contents of the articles all the same? If so they are all yellow.
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Re: Understanding the United States of America (USA) - IV

Post by Singha »

I guess whatever be his true feelings, DT has to pander to the anti-immigration lobbies demand for americans first right away and not deviate else face a huge backlash. so moves will be made to tighten up on the h1/L1/GC front - raise costs, lengthen the queue, put more conditions, deter family based migration, more scrutiny, more raids on violators etc. a simple change can have far reaching impact - the current rule is if KB had a layoff involving american workers they cannot file fresh GC for 6 months iirc, a stroke of the pen could make it 18 or 24 months and introduce more burden of proof that KB has to provide about being unable to get american workers. there is zero political cost for such strokes of pen and plenty of upside for a POTUS ... other than a half dozen cos making out like bandits, which GC filing medium to large SV co has not had layoffs in last 2 yrs - almost none.

there are plenty of american workers in SV itself to fill almost every new GC position, albeit they might be older or demand a better pay on par with local cash rich favourites like fbook/goog.

INFY/current GC holders etc will survive - its the ones who committed huge loans to get into UG/MS/MBA over there in hopes of getting employed there who should be most worried. and ofcourse those stuck in the never ending ATMish EB3/EB2 queues - thats a true circus. working fresh in india with a 60-100L loan to repay is not a easy prospect.

a high performing friend of mine in netz who was on H1 there (7th yr) abandoned his GC recently and r2Ied with his expecting wife. he said with eb2 current date being 2009(?) he was looking at some 7 more years of tension and being on a hook with periodic layoffs in KB. he burned his regimental flag and moved back, his family is on west coast here and he is happy.
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Re: Understanding the United States of America (USA) - IV

Post by Singha »

^^ note that I have no axe to grind either way .. not trying to rattle anyones cage here or there...JMT/POV thats all.
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Re: Understanding the United States of America (USA) - IV

Post by Arjun »

GShankar wrote: However, per my read, the situation for H1b and GC applicants, especially from India has been getting more and more difficult relative to others.
Is this reflected in number of visas / GCs issued to Indians every year ? The published trends seem to indicate approvals to Indians on the rise...but of course demand for these visas is probably increasing at a disproportionate rate.

https://www.dhs.gov/sites/default/files ... s_2014.pdf

https://www.dhs.gov/sites/default/files ... s_2015.pdf

https://www.uscis.gov/sites/default/fil ... ort-14.pdf
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Re: Understanding the United States of America (USA) - IV

Post by Hitesh »

Rudradev wrote:
nachiket wrote: Well thank you for voting for Trump.
I've stated quite plainly, in previous posts, that I am not a US citizen and have no vote to cast in US elections. But I understand that it's far easier to make unwarranted assumptions than to read, so carry on.
Ok then why do you attack American indians for voting for HRC? You shouldn't be criticizing those people for electing HRC. It is not your fight. Stay out of it.
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Re: Understanding the United States of America (USA) - IV

Post by UlanBatori »

There v go again: HiCFans giving orders.... :roll: BTW, whatever happened to the HK.. entity I wonder.
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