It's the kind of fraud that Indians have ingrained in to their culture and Americans seem to get better at every day.
What a sweeping generalization.Its one thing to disparage a few dollar dreamer
Speaking of fraud, greed , the underlying motivation for fraud, is not the prerogative of any particular nation of culture.
Please sir, get your head out of the sand. Blaming others for your own failures will not get you anywhere.
And speaking of fraud, as an Indian, let me assure you that fraud is not ingrained in Indian culture. Many of the people in this land are honest hardworking people, who dream of getting their kids a good education,and whose primary goal in life is NOT a house and a car on borrowed money.
A sizable chunk of H1B are Indians.Indians, who , after getting the best education ( for example at http://en.wikipedia.org/wiki/Indian_Institutes_of_Technology ) at government's ( and tax payer's ) expense, thought not about the society that enabled them, but about the 45 times multiplier ( 1 USD == 45 Indian rupees), and moved to the US.To contribute to a society that didnt invest a penny in them, to a state that is not interested in their welfare, not even in context of basic right to earn a living. Any guesses on where our sympathies lie ?
Its indeed unfortunate for those H1B who lose their shirt.But it is also a stark reminder that irrespective of the progress a society makes, and the freedom and equality it preaches, a migrant will never be on par with a citizen.Gandhi was a victim of discrimination in South Africa, today his children are victims of a different from of discrimination. The world hasnt changed much after al
Bad times dont last for ever. When the recession ebbs, and the economy picks up, maybe the US economy can get a punk rocker citizen to write code.
I am oh so glad I didnt give in to the temptation of pursuing an MS in an US university ( and sell off my ancestral home to pay for it ), getting a job there , only to be sacked thanklessly. I wish some of my brethren had the same foresight and commitment to their own societies that they owe their existence to
The herd instinct among economists makes sheep look like independent thinkers.