sunofeast_gc
11-08 02:58 AM
What the Election Means for Business
Nancy Pelosi and other Dems may compromise on immigration, but energy, drug, and defense companies can expect hearings
by Richard S. Dunham
The Republican Revolution that took Capitol Hill by storm 12 years ago—giving business unprecedented access to the corridors of power—suffered a stunning reversal on Nov. 7, amid an unpopular war, congressional scandals, and widespread unease about the state of the economy, despite generally positive economic numbers.
After a tumultuous political year filled with bitter personal attacks, Democrats accomplished what pundits said was all but impossible in January: They took back the House of Representatives, and with surprising ease. As of midnight EST, Democrats had taken 33 seats from the GOP—far more than the 15 seats they needed to take control of the House—with another 16 seats still in play. As of midnight, Republicans still were clinging to control of the Senate. Needing six GOP seats to retake the upper chamber, Democrats were leading in five races, with the Virginia race between Republican George Allen and Democrat Jim Webb too close to call.
Despite President Bush's insistence that the American economy was strong, and getting stronger, 52% of voters said the economy was weak, while just 47% said that the U.S. is in the midst of good economic times, NBC exit polls found. And voters who said the economy was the most important issue to them favored Democrats by 20 percentage points, according to CNN exit polls.
Democrat Promises
Candidates and outside groups spent an estimated $2.8 billion to influence the election, the most costly campaign in American history, according to the nonpartisan Center for Responsive Politics. While the massive spending on attack ads and telephone banks helped stimulate local economies from Knoxville to Fresno, it fed into a public anger at the hyper-partisan business-as-usual in Washington, D.C.
In victory, Democrats promised to change the tone of public discourse. "The message of the public is that it's time for civility and it's time to work toward common goals," said Michael Coleman, the Democratic mayor of Columbus, Ohio. But many voters, recalling George W. Bush's similar pledge in 2000, are likely to wait for concrete action and not just Election Night promises.
Among the Democratic winners were a host of probusiness moderates, including Representatives-elect Brad Ellsworth of Indiana, a tough-talking sheriff; Heath Shuler of North Carolina, a businessman and former pro football player; Baron Hill of Indiana, a former moderate congressman who made a successful comeback; and Gabrielle Giffords of Arizona, a business executive with strong corporate support.
Business Benefits
For business, the election offers hope for bipartisan compromise on some top corporate priorities, although there's also anxiety about aggressive Democratic oversight hearings that could target certain Republican-leaning industries.
On the plus side, Democratic control of the House means that it is much more likely that Congress will approve comprehensive immigration reform, including a guest-worker program long sought by business interests.
Democrats also have pledged to rein in the federal deficit and adopt a pay-as-you-go budgeting system, both goals of company reps. And companies are looking forward to Democrats keeping their promise to restore the R&D tax credit, which expired this year amid partisan gridlock on Capitol Hill.
Possible Changes
But some business sectors—particularly energy, defense, pharmaceuticals, and insurance—are bracing for tough hearings by new committee chairmen. And small business seems destined to face the first increase in the federal minimum wage in nine years. Democratic leaders have not yet decided whether to push for an immediate increase from $5.15 to $7.25 per hour or to phase it in over two years.
On the tax front, small business groups now are unlikely to get their top priority: a permanent end to the estate tax. Indeed, a Democratic House Ways & Means Committee seems unlikely to extend any of the Republican tax cuts passed between 2001 and 2003. Instead, Democratic staffers tell BusinessWeek that the party most likely will focus on expanding tax credits for college tuition costs and fixing the Alternative Minimum Tax, which is becoming an ever-increasing burden to upper-middle-class families across the country.
One industry that Democrats plan to target is oil. House Democratic Leader Nancy Pelosi (D-Calif.) has pledged to roll back the tax incentives given to energy companies in the Bush-Cheney energy package. Democrats want to spend that money instead on alternative energy sources and green technology.
Still, Democrats can only do so much in an era of divided government. President Bush, with his veto power, can stop any legislation he views as too liberal. And Democrats can't afford to alienate the independent voters and suburban moderates who gave them control of the House.
Richard S. Dunham is a senior writer for BusinessWeek.
Nancy Pelosi and other Dems may compromise on immigration, but energy, drug, and defense companies can expect hearings
by Richard S. Dunham
The Republican Revolution that took Capitol Hill by storm 12 years ago—giving business unprecedented access to the corridors of power—suffered a stunning reversal on Nov. 7, amid an unpopular war, congressional scandals, and widespread unease about the state of the economy, despite generally positive economic numbers.
After a tumultuous political year filled with bitter personal attacks, Democrats accomplished what pundits said was all but impossible in January: They took back the House of Representatives, and with surprising ease. As of midnight EST, Democrats had taken 33 seats from the GOP—far more than the 15 seats they needed to take control of the House—with another 16 seats still in play. As of midnight, Republicans still were clinging to control of the Senate. Needing six GOP seats to retake the upper chamber, Democrats were leading in five races, with the Virginia race between Republican George Allen and Democrat Jim Webb too close to call.
Despite President Bush's insistence that the American economy was strong, and getting stronger, 52% of voters said the economy was weak, while just 47% said that the U.S. is in the midst of good economic times, NBC exit polls found. And voters who said the economy was the most important issue to them favored Democrats by 20 percentage points, according to CNN exit polls.
Democrat Promises
Candidates and outside groups spent an estimated $2.8 billion to influence the election, the most costly campaign in American history, according to the nonpartisan Center for Responsive Politics. While the massive spending on attack ads and telephone banks helped stimulate local economies from Knoxville to Fresno, it fed into a public anger at the hyper-partisan business-as-usual in Washington, D.C.
In victory, Democrats promised to change the tone of public discourse. "The message of the public is that it's time for civility and it's time to work toward common goals," said Michael Coleman, the Democratic mayor of Columbus, Ohio. But many voters, recalling George W. Bush's similar pledge in 2000, are likely to wait for concrete action and not just Election Night promises.
Among the Democratic winners were a host of probusiness moderates, including Representatives-elect Brad Ellsworth of Indiana, a tough-talking sheriff; Heath Shuler of North Carolina, a businessman and former pro football player; Baron Hill of Indiana, a former moderate congressman who made a successful comeback; and Gabrielle Giffords of Arizona, a business executive with strong corporate support.
Business Benefits
For business, the election offers hope for bipartisan compromise on some top corporate priorities, although there's also anxiety about aggressive Democratic oversight hearings that could target certain Republican-leaning industries.
On the plus side, Democratic control of the House means that it is much more likely that Congress will approve comprehensive immigration reform, including a guest-worker program long sought by business interests.
Democrats also have pledged to rein in the federal deficit and adopt a pay-as-you-go budgeting system, both goals of company reps. And companies are looking forward to Democrats keeping their promise to restore the R&D tax credit, which expired this year amid partisan gridlock on Capitol Hill.
Possible Changes
But some business sectors—particularly energy, defense, pharmaceuticals, and insurance—are bracing for tough hearings by new committee chairmen. And small business seems destined to face the first increase in the federal minimum wage in nine years. Democratic leaders have not yet decided whether to push for an immediate increase from $5.15 to $7.25 per hour or to phase it in over two years.
On the tax front, small business groups now are unlikely to get their top priority: a permanent end to the estate tax. Indeed, a Democratic House Ways & Means Committee seems unlikely to extend any of the Republican tax cuts passed between 2001 and 2003. Instead, Democratic staffers tell BusinessWeek that the party most likely will focus on expanding tax credits for college tuition costs and fixing the Alternative Minimum Tax, which is becoming an ever-increasing burden to upper-middle-class families across the country.
One industry that Democrats plan to target is oil. House Democratic Leader Nancy Pelosi (D-Calif.) has pledged to roll back the tax incentives given to energy companies in the Bush-Cheney energy package. Democrats want to spend that money instead on alternative energy sources and green technology.
Still, Democrats can only do so much in an era of divided government. President Bush, with his veto power, can stop any legislation he views as too liberal. And Democrats can't afford to alienate the independent voters and suburban moderates who gave them control of the House.
Richard S. Dunham is a senior writer for BusinessWeek.
wallpaper Happy Birthday, to you*
gsc999
09-22 12:21 AM
The broken system is causing a reverse brain rain, right? Well How about we:
1- Each one of us buys 10 bath tub stoppers (you know, the stoppers you use when taking a bath, to stop the water from going down the drain) and mail them to Congress, Media, USCIS, etc- With a letter "Please stop the self-inflicted U.S. Reverse Brain Drain, already 100,000 highly-skilled have left, stop the 10-year green card delays for LEGAL highly-skilled immigrants that is pushing them out of the country in frustration and lured by the boming economies of their home countries. Retain these highly-skilld immigrats that the U.S. needs while American universities train more Americans in the sciences, math and technology that the country does NOT currently have and desperately needs to retain U.S. global leadership and competitiveness"...or something like that
2-At the same time, we ALL send WHITE roses to Congress (Roses are now IV's trademark, we are known for them and the peace they mean, and roses should probably be on IV's logo too) Attach same note
THAT will send a strong message!!! (trust me)
----------
Last year anti-immigrants send bricks to lawmakers to make a point about broken borders, strong symbolism, bricks to construct walls.
In a similar way, this seems like an interesting idea.
1- Each one of us buys 10 bath tub stoppers (you know, the stoppers you use when taking a bath, to stop the water from going down the drain) and mail them to Congress, Media, USCIS, etc- With a letter "Please stop the self-inflicted U.S. Reverse Brain Drain, already 100,000 highly-skilled have left, stop the 10-year green card delays for LEGAL highly-skilled immigrants that is pushing them out of the country in frustration and lured by the boming economies of their home countries. Retain these highly-skilld immigrats that the U.S. needs while American universities train more Americans in the sciences, math and technology that the country does NOT currently have and desperately needs to retain U.S. global leadership and competitiveness"...or something like that
2-At the same time, we ALL send WHITE roses to Congress (Roses are now IV's trademark, we are known for them and the peace they mean, and roses should probably be on IV's logo too) Attach same note
THAT will send a strong message!!! (trust me)
----------
Last year anti-immigrants send bricks to lawmakers to make a point about broken borders, strong symbolism, bricks to construct walls.
In a similar way, this seems like an interesting idea.
ganguteli
03-19 10:11 AM
Did my post suggest in any way that I was defending the guy? I was only ridiculing those who were bad mouthing him.
Are you suggesting that my post would have scored more points if I came out with more ammunition? I did not post in order to win your accolades. The fact that you felt there is not enough ammunition, suggests to me that you think it is perfectly fine to do all those filthy things I was referring to. This tells me about your moral standard.
You had to assume that I probably have a criminal issue too, and thats why I was defending the original poster? Is that the best your mind can think of?
You are sick and tired of defending our community? Do you imply that most people from our community have turned to criminal acts these days, and so you are tired? Because, I have not seen that around the people that I move around with. Is it all too common in your circles and the people you associate with?
You most probably have half the education that I have, your salary is most likely half that of mine, and your moral standard is probably half that of mine. If I start ridiculing you more, you will suffer sleepless nights. So I won't do it (after this post, I mean).
You don't post bullshit in a public forum, just because you can't see the people you are talking to, infront of you. Would you dare call the original poster 'thief' if he is standing infront of you? Would you call him that, if he is a friend of your roommate and your roommate brings him over to your house? The internet must be a new technology for you. Please learn how to use it to spread some love.
To the poster above you:
It is true that the law does not impose punishments on backstabbers, womanizers, sexual perverts, etc. Prostitution is legal in a lot of countries. The fact that the law permits some things, does not have any bearing on the moral severity or the lack thereof, of those things. Would you choose a 'prostitute' over a 'shop lifter' for a wife? If these are the only 2 options, I would be content with a shop lifter. Would you choose a 'prostitute' because there are no criminal issues involved and you will get your greencard faster?
Even though not many people have posted in support of my post, my reputation has gone up, and yours probably went down. Please don't respond just because you want a revenge.
I will always stand up for the one weak guy who is bullied by a 100 really nice & powerful ones. This can't be called defending the act of 'shop lifting' !!!
You are trying to defend a criminal and thus some people objected to it. Crimes by immigrants, whatever they maybe bring bad repute to their country and the immigrant community.
Are you suggesting that my post would have scored more points if I came out with more ammunition? I did not post in order to win your accolades. The fact that you felt there is not enough ammunition, suggests to me that you think it is perfectly fine to do all those filthy things I was referring to. This tells me about your moral standard.
You had to assume that I probably have a criminal issue too, and thats why I was defending the original poster? Is that the best your mind can think of?
You are sick and tired of defending our community? Do you imply that most people from our community have turned to criminal acts these days, and so you are tired? Because, I have not seen that around the people that I move around with. Is it all too common in your circles and the people you associate with?
You most probably have half the education that I have, your salary is most likely half that of mine, and your moral standard is probably half that of mine. If I start ridiculing you more, you will suffer sleepless nights. So I won't do it (after this post, I mean).
You don't post bullshit in a public forum, just because you can't see the people you are talking to, infront of you. Would you dare call the original poster 'thief' if he is standing infront of you? Would you call him that, if he is a friend of your roommate and your roommate brings him over to your house? The internet must be a new technology for you. Please learn how to use it to spread some love.
To the poster above you:
It is true that the law does not impose punishments on backstabbers, womanizers, sexual perverts, etc. Prostitution is legal in a lot of countries. The fact that the law permits some things, does not have any bearing on the moral severity or the lack thereof, of those things. Would you choose a 'prostitute' over a 'shop lifter' for a wife? If these are the only 2 options, I would be content with a shop lifter. Would you choose a 'prostitute' because there are no criminal issues involved and you will get your greencard faster?
Even though not many people have posted in support of my post, my reputation has gone up, and yours probably went down. Please don't respond just because you want a revenge.
I will always stand up for the one weak guy who is bullied by a 100 really nice & powerful ones. This can't be called defending the act of 'shop lifting' !!!
You are trying to defend a criminal and thus some people objected to it. Crimes by immigrants, whatever they maybe bring bad repute to their country and the immigrant community.
2011 irthday quotes for a best
hsingh82
05-29 03:23 AM
If America losses us, many of us are already planning to go back to India because of this GC process, they will also lose these kids who are bright future of America.
more...
shimul99
10-23 09:11 PM
I received my EAD last month. But no AP yet. However, i received an email from my lawyer today that.....my AP got rejected. The rejection letter is saying that I485 got approved that's why the I131 is rejected.....therefore, my lawyer is waiting for the I485 approval.....but my lawyer told me that I can expect my card soon.
I don't know how to react. The online doesn't have any update about the I485 status yet. They received my application on July 2, 2007.
I don't know how to react. The online doesn't have any update about the I485 status yet. They received my application on July 2, 2007.
willwin
09-23 10:11 AM
PLEASE KEEP CALLING.
You still have 3 more hours to call.
You still have 3 more hours to call.
more...
jthomas
03-17 04:16 PM
Do something.... Doing something is better than doing nothing. Can somebody make a template.
2010 happy birthday dear friend
villamonte6100
04-09 03:07 PM
Here is the "India Thing" again.
Please, if you really love your country go back home. I don't think America really cares if you leave.
There will always H1-B application every year.
I'm not from India.
Please, if you really love your country go back home. I don't think America really cares if you leave.
There will always H1-B application every year.
I'm not from India.
more...
chanduv23
01-15 11:05 AM
:D :D :D Dude, There has been several incidents in past 1 year enough so you can draw a pattern. Do not act in ignorance. We have to pay attention to happenings around us and be cautious of the surroundings.
I agree - these are things that have to be taken very seriously.
I am also hearing that desi houses are being targeted in New Jersey as ZDesis have jewelery in houses.
I agree - these are things that have to be taken very seriously.
I am also hearing that desi houses are being targeted in New Jersey as ZDesis have jewelery in houses.
hair happy birthday dear friend
mirage
04-16 04:21 PM
I agree with you.
We do not have to go and sit down in their helluva offices to figure out what the heck is going on. My point is simple. As long as all the so called companies simply write software,provide services to US companies its back office. How much of software written is for native use? How much of the revenue generated by these companies is Indian based? With out infrastructure and manufacturing growing at at least 10% of the other growths people dream about, its nothing but a deck of cards doomed to fall any time. Enough of my rant.
We do not have to go and sit down in their helluva offices to figure out what the heck is going on. My point is simple. As long as all the so called companies simply write software,provide services to US companies its back office. How much of software written is for native use? How much of the revenue generated by these companies is Indian based? With out infrastructure and manufacturing growing at at least 10% of the other growths people dream about, its nothing but a deck of cards doomed to fall any time. Enough of my rant.
more...
senthil1
07-04 12:18 PM
Will it really create ablity to pay issue when an employer keeps many I140s without pay and create a problem for future Gc processing? If that is really an issue then cancelling I140 is not retaliation. People can post their views.
You have used AC21 after 180 days then what is there to worry? Even if you receive RFE you can reply and you can get GC.
I have been a big fan of IV and have been a visitor to IV for a while. I now plan to become a volunteer and join my state chapter and also contribute in all possible ways to IV because I think IV is the best thing to happen to this community.
Dear gurus - here is my issue and I need some real concrete help.
I was working for a New Jersey based consulting company on a percentage basis ie 80/20 and all costs towards GC and h1b were by me. I found my own projects and negotiated my own billing rate.
I worked for this company for 3 years and filed for 485 in July 2007. I am EB2 India with a priority date of March 2nd, 2006. My 140 was approved in June, 2006.
In March, 2008 my project got over and I started looking for new projects. Market conditions forced me to take up a fulltime job using my EAD and I had to move into a fulltime job.
As it is safe past 180 days, I used AC21 portability and moved.
I had been having excellent relationship with my desi employer and in fact also payed up some money to the employer because the client did not pay for last 2 months of my project and my desi employer held me responsible as it was me who negotiated with the client and said it is my issue - for which I agreed.
I already sent a AC21 letter to USCIS through my Attorney - I am not sure if my file got updated.
My desi employer wants to withdraw the 140 petition now. He says, he cannot keep 140 petitions of employees who leave the organization and not on w2 and he will have "ability to pay issue"
I have heard horror stories of USCIS issuing denials and NOID because AC21 letter never reached the file even though it was sent in time and I guess this is exactly what my desi employer thinks - teach lesson by withdrawing 140.
I spoke to my Attorney and she says "your file may not be updated but we will keep a record that we sent" useful in case we want to respond to NOID or RFE.
Folks - please post your AC21 success/horror stories when previous employer withdrew the 140 petition.
What are my options to avoid a NOID or denial
Thanks in advance
You have used AC21 after 180 days then what is there to worry? Even if you receive RFE you can reply and you can get GC.
I have been a big fan of IV and have been a visitor to IV for a while. I now plan to become a volunteer and join my state chapter and also contribute in all possible ways to IV because I think IV is the best thing to happen to this community.
Dear gurus - here is my issue and I need some real concrete help.
I was working for a New Jersey based consulting company on a percentage basis ie 80/20 and all costs towards GC and h1b were by me. I found my own projects and negotiated my own billing rate.
I worked for this company for 3 years and filed for 485 in July 2007. I am EB2 India with a priority date of March 2nd, 2006. My 140 was approved in June, 2006.
In March, 2008 my project got over and I started looking for new projects. Market conditions forced me to take up a fulltime job using my EAD and I had to move into a fulltime job.
As it is safe past 180 days, I used AC21 portability and moved.
I had been having excellent relationship with my desi employer and in fact also payed up some money to the employer because the client did not pay for last 2 months of my project and my desi employer held me responsible as it was me who negotiated with the client and said it is my issue - for which I agreed.
I already sent a AC21 letter to USCIS through my Attorney - I am not sure if my file got updated.
My desi employer wants to withdraw the 140 petition now. He says, he cannot keep 140 petitions of employees who leave the organization and not on w2 and he will have "ability to pay issue"
I have heard horror stories of USCIS issuing denials and NOID because AC21 letter never reached the file even though it was sent in time and I guess this is exactly what my desi employer thinks - teach lesson by withdrawing 140.
I spoke to my Attorney and she says "your file may not be updated but we will keep a record that we sent" useful in case we want to respond to NOID or RFE.
Folks - please post your AC21 success/horror stories when previous employer withdrew the 140 petition.
What are my options to avoid a NOID or denial
Thanks in advance
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vinodp1978
06-28 12:57 PM
does this mean that i cannot get a 3 yr extension based on approved I-140 pp? My labor is not pending for 365 days and so I am solely depending on I-140 approval for a 3 yr extension. I am filing i-140 and i-485 concurrently before July 5...will this give me an EAD option even if 140 takes longer to get approved?
more...
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aadimanav
01-23 12:06 AM
:confused: It must be typo.
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LUDaCRIS
07-31 01:29 AM
Until this point of time, no one knows how USCIS or state is calculating the figures. So, lets wait and see the lottery results. Thats the only way to get the green card faster :)
Why they have a separate *green card lottery* category, I'll never know.... aren't we all in it? :rolleyes:
Why they have a separate *green card lottery* category, I'll never know.... aren't we all in it? :rolleyes:
more...
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kshitijnt
08-16 03:23 PM
Are there any implications of leaving my employer now who sponsored me for GC? I got my GC on the first week of July. I plan to leave on the 1st week of September. Thank you very much.
Addendum: I applied for AOS for my spouse this July. Will there be a problem with her AOS?
I am not sure if you GOT GC or you filed 485.
Based on AC21 law, you have to stay atleast 182 days after you file 485. More so if your I-140 is still pending.
So I would say 182 days from the receipt notice of 485 is mandatory to avoid complications. It should not affect your citizenship. I have 100s of friends who have invoked AC21 and quite frankly I dont care about citizenship. One thing at a time :)
Addendum: I applied for AOS for my spouse this July. Will there be a problem with her AOS?
I am not sure if you GOT GC or you filed 485.
Based on AC21 law, you have to stay atleast 182 days after you file 485. More so if your I-140 is still pending.
So I would say 182 days from the receipt notice of 485 is mandatory to avoid complications. It should not affect your citizenship. I have 100s of friends who have invoked AC21 and quite frankly I dont care about citizenship. One thing at a time :)
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waitingnwaiting
05-31 11:10 AM
They fall under EB3. This bill if passed may be of some relief for EB3.
Yes this is EB3 relief bill.
Yes this is EB3 relief bill.
more...
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LostInGCProcess
01-15 03:02 PM
whome do you want to kill buddy?
I wonder if you ever came across a word called "protection" or "self-defense". If one owns a gun does that mean he intends to kill someone? And I know you are not being funny here (as your name suggests) :)
I wonder if you ever came across a word called "protection" or "self-defense". If one owns a gun does that mean he intends to kill someone? And I know you are not being funny here (as your name suggests) :)
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karl65
08-25 08:10 PM
I can't believe how dummy is the DL system in NJ:confused:.
I live in Illinois and I could get my DL farther than my H1B due date. I have renewed my H1B twice and my DL is due next year.
I live in Illinois and I could get my DL farther than my H1B due date. I have renewed my H1B twice and my DL is due next year.
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mirage
04-16 04:21 PM
I agree with you.
We do not have to go and sit down in their helluva offices to figure out what the heck is going on. My point is simple. As long as all the so called companies simply write software,provide services to US companies its back office. How much of software written is for native use? How much of the revenue generated by these companies is Indian based? With out infrastructure and manufacturing growing at at least 10% of the other growths people dream about, its nothing but a deck of cards doomed to fall any time. Enough of my rant.
We do not have to go and sit down in their helluva offices to figure out what the heck is going on. My point is simple. As long as all the so called companies simply write software,provide services to US companies its back office. How much of software written is for native use? How much of the revenue generated by these companies is Indian based? With out infrastructure and manufacturing growing at at least 10% of the other growths people dream about, its nothing but a deck of cards doomed to fall any time. Enough of my rant.
redcard
02-19 12:49 PM
Do you know how much more the premium would be for this product compared to regular term? I am guessing a lot more. In that case whole life is better where the cash value generated would pay much more after 30 years based on a low 5.5 - 6% estimated annual return. But of course it is for folks who will stay in US at least 15 years+ because after 15 yeras the Cash Value could itself pay for the permium and you do not have to pay any more premuims unless you wish to boost the Cash Value further.
Its not a lot more.. about $200 more per year.. ... but atleast you get back all your money..
Its not a lot more.. about $200 more per year.. ... but atleast you get back all your money..
haifromsk@yahoo.com
05-08 11:02 PM
Best way to get more immigrants to participate in advocacy efforts by immigrationvoice.org for legal immigration is by communicating to international student organizations of various universities around virginia, maryland, washingtondc,west virginia north and south carolina. Arranging busses for the students is not a bad idea. Students once convinced why they need change in current immigration reforms for employment base legal immigrants will participate in huge numbers to attend the advocacy efforts done by immigrationvoice.org as they have more time in hand