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February 6, 2009 at 9:42 AM in reply to: Mortgage rates to as low as 4 percent – defeated on a vote of 62-35. #341910
AK
ParticipantFebruary 6, 2009 at 9:42 AM in reply to: Mortgage rates to as low as 4 percent – defeated on a vote of 62-35. #342232AK
ParticipantFebruary 6, 2009 at 9:42 AM in reply to: Mortgage rates to as low as 4 percent – defeated on a vote of 62-35. #342337AK
ParticipantFebruary 6, 2009 at 9:42 AM in reply to: Mortgage rates to as low as 4 percent – defeated on a vote of 62-35. #342364AK
ParticipantFebruary 6, 2009 at 9:42 AM in reply to: Mortgage rates to as low as 4 percent – defeated on a vote of 62-35. #342458AK
ParticipantAK
ParticipantThanks for the first-hand observations kev374.
This all reminds me of some Gary Watts propaganda from a few years back … IIRC he claimed Americans would soon be split into hereditary classes of homeowners and landless peasants, specifically citing India as an example. I guess our second-favorite real estate economist never read Marx’s hypothesis that the concentration of wealth results from the cash-rich buying up assets after a bust π
AK
ParticipantThanks for the first-hand observations kev374.
This all reminds me of some Gary Watts propaganda from a few years back … IIRC he claimed Americans would soon be split into hereditary classes of homeowners and landless peasants, specifically citing India as an example. I guess our second-favorite real estate economist never read Marx’s hypothesis that the concentration of wealth results from the cash-rich buying up assets after a bust π
AK
ParticipantThanks for the first-hand observations kev374.
This all reminds me of some Gary Watts propaganda from a few years back … IIRC he claimed Americans would soon be split into hereditary classes of homeowners and landless peasants, specifically citing India as an example. I guess our second-favorite real estate economist never read Marx’s hypothesis that the concentration of wealth results from the cash-rich buying up assets after a bust π
AK
ParticipantThanks for the first-hand observations kev374.
This all reminds me of some Gary Watts propaganda from a few years back … IIRC he claimed Americans would soon be split into hereditary classes of homeowners and landless peasants, specifically citing India as an example. I guess our second-favorite real estate economist never read Marx’s hypothesis that the concentration of wealth results from the cash-rich buying up assets after a bust π
AK
ParticipantThanks for the first-hand observations kev374.
This all reminds me of some Gary Watts propaganda from a few years back … IIRC he claimed Americans would soon be split into hereditary classes of homeowners and landless peasants, specifically citing India as an example. I guess our second-favorite real estate economist never read Marx’s hypothesis that the concentration of wealth results from the cash-rich buying up assets after a bust π
AK
ParticipantI’m not sure I’d call that a balanced article. Their sources are:
1. “a global strategic advisory firm that specializes in outsourcing”
2. “an industry group of outsourcing leaders from Fortune 500 companies”
3. “president of World Sourcing Services for Computer Sciences Corp.”
All of whom have a vested interest in promoting the idea that all the cool kids are offshoring IT functions this year.
Ditto what everyone else says about salaries. Of course there are lots of brilliant software developers in India, but you won’t get them for $8K a year.
AK
ParticipantI’m not sure I’d call that a balanced article. Their sources are:
1. “a global strategic advisory firm that specializes in outsourcing”
2. “an industry group of outsourcing leaders from Fortune 500 companies”
3. “president of World Sourcing Services for Computer Sciences Corp.”
All of whom have a vested interest in promoting the idea that all the cool kids are offshoring IT functions this year.
Ditto what everyone else says about salaries. Of course there are lots of brilliant software developers in India, but you won’t get them for $8K a year.
AK
ParticipantI’m not sure I’d call that a balanced article. Their sources are:
1. “a global strategic advisory firm that specializes in outsourcing”
2. “an industry group of outsourcing leaders from Fortune 500 companies”
3. “president of World Sourcing Services for Computer Sciences Corp.”
All of whom have a vested interest in promoting the idea that all the cool kids are offshoring IT functions this year.
Ditto what everyone else says about salaries. Of course there are lots of brilliant software developers in India, but you won’t get them for $8K a year.
AK
ParticipantI’m not sure I’d call that a balanced article. Their sources are:
1. “a global strategic advisory firm that specializes in outsourcing”
2. “an industry group of outsourcing leaders from Fortune 500 companies”
3. “president of World Sourcing Services for Computer Sciences Corp.”
All of whom have a vested interest in promoting the idea that all the cool kids are offshoring IT functions this year.
Ditto what everyone else says about salaries. Of course there are lots of brilliant software developers in India, but you won’t get them for $8K a year.
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