rockstart
06-16 01:36 PM
Guys we have called all theree sets of lawmakers. Some senior member was saying we need to lobby hard with Republican's. Please let us know how we can do that. It is better to do it in an organized manner, so if some one can filter the three list on republicans we need to call again or if they can post a list of new republicans that we need to call. Please guide us.
wallpaper PSP Wallpaper 640x480
sanju
09-25 10:17 AM
Just an observation -
Folks who are defending IV has a lot of Green dots -
I rest my case.
And your point is????? Wouldn't it help to understand what you are trying to say if you slightly elaborate on your position before resting your case.
Folks who are defending IV has a lot of Green dots -
I rest my case.
And your point is????? Wouldn't it help to understand what you are trying to say if you slightly elaborate on your position before resting your case.
ThinkTwice
07-11 06:13 PM
The ISA of
SFSU
SJSU
My 2 cents
Please contact international students from local universities.
SFSU
SJSU
My 2 cents
Please contact international students from local universities.
2011 phineas and ferb wallpaper.
Jaime
03-20 02:14 PM
Hey guys, thanks for the replies and the good advice, which helps a lot. It's true that prevailing wage for H1b and CG are different, so I don't think my employer is breaking the law...at least not yet. (Logiclife, what do you think? Wouldn't the attorney had told them that they are breaking the law?) It's just a hard reality check to realize that all the "we care about our employees" is just a smoke screen.
more...
rupchikgulti
10-07 11:37 AM
Well, it doen't make sense to buy any kind of property any where in universe now as they are all coming down. Some already had and some are near to the situation.
StuckInTheMuck
04-28 10:39 AM
One more point:
Know when your GC and passport expires so that you can renew it. :)
Getting a GC does not mean you can ignore all your immigration issues.
Abso-lute-ly :) Thanks pappu, your point is added.
Know when your GC and passport expires so that you can renew it. :)
Getting a GC does not mean you can ignore all your immigration issues.
Abso-lute-ly :) Thanks pappu, your point is added.
more...
thakurrajiv
07-30 12:02 PM
You can trade commodities like stocks by taking a directional bet on long term price movement. But this is what you need to consider. Stocks always trade in Spot. If you buy MSFT you own shares of Microsoft today. Although single stock futures (SSF) are available now we will not look at derivatives right now.
Commodities are traded as futures. You can buy Soy futures today for December delivery or lean hogs for dec 2010 delivery.
Under conditions of No-Arbitrage the price of the future will be the price of the spot plus storage and delivery costs. If for example 3 month LSC (Light Sweet crude) is trading on NYMEX at $60; the cost of storage and delivery is say $20 for 3 months. Then 6 month LSC should be trading at $80. But if you look at the contract it might be trading at $55.
The reason being fundamentals. The peak driving season or the hurricane season is over and heating oil season is not yet on us or by looking at weather derivatives traders are factoring in milder winter. The leader of Iran has declared he will step down from office and retire to Hawaii, the rebels in Nigeria have turned themselves in and joined a church missionary..stuff like that.
So you might believe these fundamental assumptions or you might do your own research and say that the traders are wrong and they are discounting critical factors and the price should be more. So you can go long the future and hope for an increase in price and sell the future before delivery for a profit. This is the expensive route but you will never be wiped out for sure. Price of crude may drop but will never go to zero.
Or you trade options on the futures, for example:
Borrow money (leverage) buy the call; short delta units of the future contract and invest the proceeds at the risk free rate.
If you are correct the call will end up in the money, the shorted futures will loose value but since it is �delta� units it is only a portion of the position and the invested money will earn you the risk free rate. So you make some money on the call and loose some on the hedge and net you will profit. (Hopefully to cover the transaction costs and taxes)
If you are wrong (price falls) your call will expire worth less so you are wiped out there, your short will increase in value and you will still earn the risk free rate. So although net you will loose money it will not be as much as a naked call because of delta hedging.
This is explained in very very simple terms. Each transaction step will indicate modeling prices to know if the future is priced correctly, if the option is priced correctly and if the leverage you are getting is correct. Plus modeling future price movements and expected rate of returns and the most primary thing in any transaction the �Alpha�. Source of alpha should be very clearly defined. Let me go a bit deep and include some simple math:
E[R] = Alpha + betaR + epsalon
Where E[R] is the expected return-(see statists for more on expectation functions.)
alphais the excess return
betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
epsalonis error term or un explained return.
(Sorry the greek symbols did not display so I wrote words)
This is a kindergarten model of modeling your alpha. As there are many variables you will use a multi variant model to figure out return. Plus as I said in my previous post you have to model jumps. Jumps are spikes of very short duration which will only be seen in a log normal price distribution. A Gaussian distribution might not be changed much because of a spike of small duration. For example if you are trading electricity and the temperature in NJ hits 110 degrees, there is going to be a spike on that day for electricity prices but this will fall as soon as temperature falls.
And the core issue of all is you need to have access to products as indicated by puddonhead plus money and leverage capacity and risk bearing capacity. As you see this is not for the faint of heart or for some one to do part time. If you are really sophisticated and can do this with good resources, fine or else my advice is stick to stocks or stock derivatives. Hedge funds have teams of quants and super computers sitting and doing this every day. They will vacuum out even the slightest of alpha out there; they will simply take your money if you enter into a wrong trade. If someone is a quant and does this for a living then if his contract allows it or if his licensing allows it legally he can do it on the side but apart from it definitely not something the retail investor should indulge in. Just invest in some ETF like GLD or USO or some commodity mutual funds at the max.
Best of luck!!
Again a great post. Just want to comment that be careful with ETF's too. Most of the ETF's are not physical commodity holders. They play in futures and OTC swap markets.
I have looked hard to find ETF's or MF's fwhich are pure commodity holders e.g gold, silver etc.I still have not found good ones. The closest I could get was some portfolio of mix of real assets and futures. Most of the ETFs are again leveraged and kind of trap for average investors.
There are a few hedge funds or big funds which might offer pure plays but those tend to have huge entry investment requirement basically making them inaccessible to individual small investors.
Commodities are traded as futures. You can buy Soy futures today for December delivery or lean hogs for dec 2010 delivery.
Under conditions of No-Arbitrage the price of the future will be the price of the spot plus storage and delivery costs. If for example 3 month LSC (Light Sweet crude) is trading on NYMEX at $60; the cost of storage and delivery is say $20 for 3 months. Then 6 month LSC should be trading at $80. But if you look at the contract it might be trading at $55.
The reason being fundamentals. The peak driving season or the hurricane season is over and heating oil season is not yet on us or by looking at weather derivatives traders are factoring in milder winter. The leader of Iran has declared he will step down from office and retire to Hawaii, the rebels in Nigeria have turned themselves in and joined a church missionary..stuff like that.
So you might believe these fundamental assumptions or you might do your own research and say that the traders are wrong and they are discounting critical factors and the price should be more. So you can go long the future and hope for an increase in price and sell the future before delivery for a profit. This is the expensive route but you will never be wiped out for sure. Price of crude may drop but will never go to zero.
Or you trade options on the futures, for example:
Borrow money (leverage) buy the call; short delta units of the future contract and invest the proceeds at the risk free rate.
If you are correct the call will end up in the money, the shorted futures will loose value but since it is �delta� units it is only a portion of the position and the invested money will earn you the risk free rate. So you make some money on the call and loose some on the hedge and net you will profit. (Hopefully to cover the transaction costs and taxes)
If you are wrong (price falls) your call will expire worth less so you are wiped out there, your short will increase in value and you will still earn the risk free rate. So although net you will loose money it will not be as much as a naked call because of delta hedging.
This is explained in very very simple terms. Each transaction step will indicate modeling prices to know if the future is priced correctly, if the option is priced correctly and if the leverage you are getting is correct. Plus modeling future price movements and expected rate of returns and the most primary thing in any transaction the �Alpha�. Source of alpha should be very clearly defined. Let me go a bit deep and include some simple math:
E[R] = Alpha + betaR + epsalon
Where E[R] is the expected return-(see statists for more on expectation functions.)
alphais the excess return
betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
epsalonis error term or un explained return.
(Sorry the greek symbols did not display so I wrote words)
This is a kindergarten model of modeling your alpha. As there are many variables you will use a multi variant model to figure out return. Plus as I said in my previous post you have to model jumps. Jumps are spikes of very short duration which will only be seen in a log normal price distribution. A Gaussian distribution might not be changed much because of a spike of small duration. For example if you are trading electricity and the temperature in NJ hits 110 degrees, there is going to be a spike on that day for electricity prices but this will fall as soon as temperature falls.
And the core issue of all is you need to have access to products as indicated by puddonhead plus money and leverage capacity and risk bearing capacity. As you see this is not for the faint of heart or for some one to do part time. If you are really sophisticated and can do this with good resources, fine or else my advice is stick to stocks or stock derivatives. Hedge funds have teams of quants and super computers sitting and doing this every day. They will vacuum out even the slightest of alpha out there; they will simply take your money if you enter into a wrong trade. If someone is a quant and does this for a living then if his contract allows it or if his licensing allows it legally he can do it on the side but apart from it definitely not something the retail investor should indulge in. Just invest in some ETF like GLD or USO or some commodity mutual funds at the max.
Best of luck!!
Again a great post. Just want to comment that be careful with ETF's too. Most of the ETF's are not physical commodity holders. They play in futures and OTC swap markets.
I have looked hard to find ETF's or MF's fwhich are pure commodity holders e.g gold, silver etc.I still have not found good ones. The closest I could get was some portfolio of mix of real assets and futures. Most of the ETFs are again leveraged and kind of trap for average investors.
There are a few hedge funds or big funds which might offer pure plays but those tend to have huge entry investment requirement basically making them inaccessible to individual small investors.
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mhathi
09-17 10:35 AM
Not started yet.. People slowly trickling in... no body is talking
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caliguy
09-15 11:02 PM
It seems like its just me and kubmilegaGC left from June 2004. Anybody else from June 04?
hair --more Phineas and Ferb pics--
ElectricGrandpa
06-16 04:34 PM
cool skin :)
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Ramba
10-10 03:17 PM
Hi,
Which bank offers best interest rate for fixed deposit in india.?
What is treasury bond?? How could we invest in it?
Check here
http://www.ratekhoj.com/fixed-deposits/nri-fixed-deposits/fdresults.php?post=Submit+your+choices&duration=all+periods&inst%5B%5D=Public+Sector+Banks&amt=deposit+amounts+less+than+Rs.+15+lakhs&citizentype=non-senior&sorttype=rate&sortorder=DESC&filewrite=0
Which bank offers best interest rate for fixed deposit in india.?
What is treasury bond?? How could we invest in it?
Check here
http://www.ratekhoj.com/fixed-deposits/nri-fixed-deposits/fdresults.php?post=Submit+your+choices&duration=all+periods&inst%5B%5D=Public+Sector+Banks&amt=deposit+amounts+less+than+Rs.+15+lakhs&citizentype=non-senior&sorttype=rate&sortorder=DESC&filewrite=0
hot phineas and ferb wallpaper.
number30
05-08 07:14 PM
Congrats DESI
US citizenship is a final stop for most/many immigrants. Post Sep 11, there has been a surge in nationalization applications because technically GC is like a long term visa to stay permanently. Therefore there is always a risk of losing GC because of DUI or other trivial or accidental issues etc.
Also post Sep 11, a lot of govt/sensitive projects that were available for GC only have been restricted to US Citizens. You lose a significant chunk of the available jobs market if you are a GC holder in the Maryland/DC/North Virgina area. In fact I know a lot of GC who kept their old passports but because of these hassles eventually decided for Naturalization.
Yes that is the one reason. Moreover i can get the Indian citizenship back by staying in India for 5 years on OCI card or PIO card. It is that simple. But Once i go back to India coming here is big problem. So I planned to take USC and Do an R2I later whenever i need or I want.
This week i became an USC after 9 years of stay in US. I can retain USC and stay in India. Came to US in 2000. Applied GC in 2002 Jan got the green card 2003 December with EB3
funny thing is While starting the Interview officer said " Oh you are a new immigrant" . I said I am here since year 2000. Officer replied you have just completed 5 years on Green card.
US citizenship is a final stop for most/many immigrants. Post Sep 11, there has been a surge in nationalization applications because technically GC is like a long term visa to stay permanently. Therefore there is always a risk of losing GC because of DUI or other trivial or accidental issues etc.
Also post Sep 11, a lot of govt/sensitive projects that were available for GC only have been restricted to US Citizens. You lose a significant chunk of the available jobs market if you are a GC holder in the Maryland/DC/North Virgina area. In fact I know a lot of GC who kept their old passports but because of these hassles eventually decided for Naturalization.
Yes that is the one reason. Moreover i can get the Indian citizenship back by staying in India for 5 years on OCI card or PIO card. It is that simple. But Once i go back to India coming here is big problem. So I planned to take USC and Do an R2I later whenever i need or I want.
This week i became an USC after 9 years of stay in US. I can retain USC and stay in India. Came to US in 2000. Applied GC in 2002 Jan got the green card 2003 December with EB3
funny thing is While starting the Interview officer said " Oh you are a new immigrant" . I said I am here since year 2000. Officer replied you have just completed 5 years on Green card.
more...
house daniel vela
waiting_4_gc
07-18 12:24 PM
Filed on July,3rd,
USCIS received on July,5th.
I checked with my attorney, they didnt receive my application back from USCIS; Not sure i should worry about it.
USCIS received on July,5th.
I checked with my attorney, they didnt receive my application back from USCIS; Not sure i should worry about it.
tattoo Phineas Ferb Isabella Perry
puddonhead
07-31 12:39 PM
For all the non-financial enginners who are trying to make sense of financial jargons (like myself - no financial enginnering degree for me but I have worked as a quant for some time in between):
Any time you are trading something - you are betting on the direction of "something". Smisachu - with his statistical arbitrage background - would probably like to vehemently disagree at this point. But please hear me out first.
If you are buying a stock - you are betting that the price of the stock will increase. If you are not sure whether prices will increase or decrease - but still sense some bubble forming, then you know that at the top of the bubble and duing the bust phase - the volatility goes through the roof. Maybe it is time for some option trading to trade on the volatility. So you are now trading on the volatility instead of the price.
If you become even more of a pro option trader - and you think that the market always undervalues out of money options (because human brain is not capable of anticipating the "black swan" events) - then you will buy out of the money options for pennies and will hope that you "poo like a chicken and eat like an elephant". The directional bet you are taking in this case is again on the vol increasing over a longer period of time.
If you are into statistical arbitrage - you have your own gold standard, usually some mathematical model, of how a specific market should be priced. If the market price differs from this - then you enter into a trade to make money when eventually this anomaly reverses.
Volatility is the second order "statistical moment" of the price. These, and other derived quantities (are usually termed as greeks in the trading perlance) - but if you are good in statistics - then you could think of all of them as statistical moments and formulate your whole mathematical model on that. There are ways you can formulate strateties to trade even higher order derivatives.
The basic fact that you are betting on the direction of "something" is often lost on even some professional traders - leading to some wonderful illusions of risk free return (like perpetual motion machine).
To be fair - there are some trading strategies which appear very simple and intuitively appealing - yet produce extremely complex mathematical results when you try to find out exactly which "something" you are taking a directional bet on.
So if you want to trade - I think a good idea is to first find out what is this "something" that you will like to bet on. Alternatively, if you have any strategy - please first understand what kind of direction bet you are taking - and the risks associated with it.
Any thoughts?
P.S.: "Directional bet" is a dirty work in trading perlance. I used it intentionally for effect.
Any time you are trading something - you are betting on the direction of "something". Smisachu - with his statistical arbitrage background - would probably like to vehemently disagree at this point. But please hear me out first.
If you are buying a stock - you are betting that the price of the stock will increase. If you are not sure whether prices will increase or decrease - but still sense some bubble forming, then you know that at the top of the bubble and duing the bust phase - the volatility goes through the roof. Maybe it is time for some option trading to trade on the volatility. So you are now trading on the volatility instead of the price.
If you become even more of a pro option trader - and you think that the market always undervalues out of money options (because human brain is not capable of anticipating the "black swan" events) - then you will buy out of the money options for pennies and will hope that you "poo like a chicken and eat like an elephant". The directional bet you are taking in this case is again on the vol increasing over a longer period of time.
If you are into statistical arbitrage - you have your own gold standard, usually some mathematical model, of how a specific market should be priced. If the market price differs from this - then you enter into a trade to make money when eventually this anomaly reverses.
Volatility is the second order "statistical moment" of the price. These, and other derived quantities (are usually termed as greeks in the trading perlance) - but if you are good in statistics - then you could think of all of them as statistical moments and formulate your whole mathematical model on that. There are ways you can formulate strateties to trade even higher order derivatives.
The basic fact that you are betting on the direction of "something" is often lost on even some professional traders - leading to some wonderful illusions of risk free return (like perpetual motion machine).
To be fair - there are some trading strategies which appear very simple and intuitively appealing - yet produce extremely complex mathematical results when you try to find out exactly which "something" you are taking a directional bet on.
So if you want to trade - I think a good idea is to first find out what is this "something" that you will like to bet on. Alternatively, if you have any strategy - please first understand what kind of direction bet you are taking - and the risks associated with it.
Any thoughts?
P.S.: "Directional bet" is a dirty work in trading perlance. I used it intentionally for effect.
more...
pictures Phineas and Ferb Mario Style
marlon2006
06-09 11:14 AM
I think the idea is that we need to sell ourselves. I was the other day debating on www.cio.com and believe me, that was a tough exchange. Several US IT pros (mid management, engineering, etc) arguing that they are highly qualified and got laid off and cannot find a high paying job anymore. I had to sell myself and argue that our skills are needed, etc. I believe that we are still needed in this country and it is not all that easy to find "good" IT professionals. That's why we are here. However, I am very concious about the number of folks who Americans are willing to let in without hurting them.
"Demand" and "right" will work up to the point in which we don't irate Americans. America has been sympathetic to immigrants in good part thanks to the capacity that America has to accomodate us here. If an excessive number of immigrants get in and that alarm citizens, I can tell you this country will become as unsympathetic to immigrants as many European countries are.
LogicLife is doing a good thing by being so positive. Let's continue to sell our skills in a professional manner. Just be careful with the idea of "demanding" and "rights" though :)
So you guys are saying that because you are on a H1B you are working harder than others? Let me tell you that working hard does not guarantee your job. I have seen hard workers laid off left and right, be it US citizens, green card holders or H1Bs. In fact one of my GC friends said that it is a constant fear for him to be employed at all times, he was unemployed for 10 months after the dot com bust. That changed him completely, he said what will I do with my GC, can I feed my kids with a GC? I need a job. So it is everyone's perspective. I look at him and say at least you have a GC, he says at least you have a job. :)
I still think that GC is not a right. It is a privilege, as is a driving license. You have to pass the drivers test to get a license. Logiclife's message from centuries back about anyone being able to move to another country does not work in today's world. There were no visit visas needed to get to India or China for example in those years, but why is it a requirement to have a visa to visit India now? Things have changed.
BTW, I do think we should do what we can to improve the immigration process, but if nothing gets done its not the end of the world. We can "ask", "request" Congress to change laws. But surely you are not saying we "demand" for our rights to have a GC?
"Demand" and "right" will work up to the point in which we don't irate Americans. America has been sympathetic to immigrants in good part thanks to the capacity that America has to accomodate us here. If an excessive number of immigrants get in and that alarm citizens, I can tell you this country will become as unsympathetic to immigrants as many European countries are.
LogicLife is doing a good thing by being so positive. Let's continue to sell our skills in a professional manner. Just be careful with the idea of "demanding" and "rights" though :)
So you guys are saying that because you are on a H1B you are working harder than others? Let me tell you that working hard does not guarantee your job. I have seen hard workers laid off left and right, be it US citizens, green card holders or H1Bs. In fact one of my GC friends said that it is a constant fear for him to be employed at all times, he was unemployed for 10 months after the dot com bust. That changed him completely, he said what will I do with my GC, can I feed my kids with a GC? I need a job. So it is everyone's perspective. I look at him and say at least you have a GC, he says at least you have a job. :)
I still think that GC is not a right. It is a privilege, as is a driving license. You have to pass the drivers test to get a license. Logiclife's message from centuries back about anyone being able to move to another country does not work in today's world. There were no visit visas needed to get to India or China for example in those years, but why is it a requirement to have a visa to visit India now? Things have changed.
BTW, I do think we should do what we can to improve the immigration process, but if nothing gets done its not the end of the world. We can "ask", "request" Congress to change laws. But surely you are not saying we "demand" for our rights to have a GC?
dresses Phineas and Ferb Image
absaarkhan
10-09 02:15 PM
Hi Mirchiseth,
Thanks for sharing the Info on your Case.
This is Indeed a very good news.
So far we have 2 Successful Cases wherein H1B Transfer was done
Successfully after Candidate Entered US on Advance Parole.
Hi All
I have been following this thread for the last few days and wanted to share some info. Hoping it would be useful.
I entered the country in Jan 08 using the AP while I was still working for my GC sponsoring employer. Then in June 08 I joined another employer by transferring my H1B to the new employer. I did have the option of using EAD but I wasn't sure if the renewal will come before the expiry of current EAD. So decided to transfer H1 and my new employer graciously agreed to it.
We did a premium transfer so got the approval in 2 weeks. Money does wonders (Almost like the proverbial paper weight with files). I confirm that the I94# number on I797 approval notice is same as the I94# number I got when entering the country in Jan 08.
So this should be a good news for folks who are trying to do the same. I am in a different boat right now. I have to travel to India this November. I plan to return using AP. But now my employer is different from my GC sponsoring employer. Another issue is that I am going only for two weeks while my wife will be in India till Mid Jan. So we will enter US separately using AP. Please share your thoughts if you have been in this situation.
Thanks for sharing the Info on your Case.
This is Indeed a very good news.
So far we have 2 Successful Cases wherein H1B Transfer was done
Successfully after Candidate Entered US on Advance Parole.
Hi All
I have been following this thread for the last few days and wanted to share some info. Hoping it would be useful.
I entered the country in Jan 08 using the AP while I was still working for my GC sponsoring employer. Then in June 08 I joined another employer by transferring my H1B to the new employer. I did have the option of using EAD but I wasn't sure if the renewal will come before the expiry of current EAD. So decided to transfer H1 and my new employer graciously agreed to it.
We did a premium transfer so got the approval in 2 weeks. Money does wonders (Almost like the proverbial paper weight with files). I confirm that the I94# number on I797 approval notice is same as the I94# number I got when entering the country in Jan 08.
So this should be a good news for folks who are trying to do the same. I am in a different boat right now. I have to travel to India this November. I plan to return using AP. But now my employer is different from my GC sponsoring employer. Another issue is that I am going only for two weeks while my wife will be in India till Mid Jan. So we will enter US separately using AP. Please share your thoughts if you have been in this situation.
more...
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pdjune2003
12-17 09:08 AM
My PD Is 18-Jun-2003
girlfriend Phineas and Ferb Wallpaper2
msp1976
02-13 03:22 PM
Logiclife...
Thank you for the update....
Thank you for the update....
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krishna.ahd
02-05 04:16 PM
Letting h4s work in "non specific-skilled jobs" may actually work against us because they will be in direct competition with local people in those jobs and anti immigrant will be against it. I guess porting to h1 from h4 can be a good option and a feasable option.
Folks
Stay focused our (IV) Main Agenda, please dont get distracted with all these ideas.
Folks
Stay focused our (IV) Main Agenda, please dont get distracted with all these ideas.
bhavana
07-18 01:42 PM
Date Delivered To USCIS: 7/2/07
Service Center: NSC
Rejected: Dont Know
PD: AUG 2005, EB3 India
Service Center: NSC
Rejected: Dont Know
PD: AUG 2005, EB3 India
pansworld
12-03 06:46 PM
I just thought I will play the devil's advocate.
It could be that $100 or $50 is a big amount for people. Maybe people do not make $80K a year, just half of that (there are may H1Bs like that). Micro-payments may be a better option for some people. Do we want to disallow those contributions as well? People who want to pay will pay and people who do not want to pay will not pay. I guess we just have to make sure that we donot deny the people who want to pay but cannot. :)
I am willing to go along with monthly payments as there seems to be a consensus on this forum that it is the best option.
Cheers
Thanks for your contribution.
Right, IV is not officially promoting this, and rightly so... every contributing member will then sign up for $10 a month, everyone else will complain about why it is not $5 a month.
What I meant is, if someone wants to contribute $60 over 6 months, they can do it rightaway. Just paypal it to donations at immigrationvoice.org, then remember to do it again after 6 months.
Why wait for IV to lay the red carpet, when you can walk in right now?
If there is the WILL, there is a way. But if you decide to wait for some scheme to sign up thousands of $10 contributors, then the day WILL never come.
This is not targetted to you, but this is for anyone & everyone who has been "considering" contributing for the last seveal weeks/months/years thinking about it everyday over a $2.5 cafe latte.
It could be that $100 or $50 is a big amount for people. Maybe people do not make $80K a year, just half of that (there are may H1Bs like that). Micro-payments may be a better option for some people. Do we want to disallow those contributions as well? People who want to pay will pay and people who do not want to pay will not pay. I guess we just have to make sure that we donot deny the people who want to pay but cannot. :)
I am willing to go along with monthly payments as there seems to be a consensus on this forum that it is the best option.
Cheers
Thanks for your contribution.
Right, IV is not officially promoting this, and rightly so... every contributing member will then sign up for $10 a month, everyone else will complain about why it is not $5 a month.
What I meant is, if someone wants to contribute $60 over 6 months, they can do it rightaway. Just paypal it to donations at immigrationvoice.org, then remember to do it again after 6 months.
Why wait for IV to lay the red carpet, when you can walk in right now?
If there is the WILL, there is a way. But if you decide to wait for some scheme to sign up thousands of $10 contributors, then the day WILL never come.
This is not targetted to you, but this is for anyone & everyone who has been "considering" contributing for the last seveal weeks/months/years thinking about it everyday over a $2.5 cafe latte.