Asian Indians have outperformed all other minority and majority groups in most measures of socioeconomic achievement[2].According to the 2000 U.S. Census Indian Americans have the highest median income of any national origin group in the United States. ($60,093), and Merrill Lynch recently revealed that there are nearly 200,000 Indian American millionaires. One in every nine Indians in the United States is a millionaire, comprising 10% of U.S. millionaires. (Source: 2003 Merrill Lynch SA Market Study).
According to the 2000 census, about 64% of Asian Indians in the U.S. have attained a Bachelor's degree or more.[4](compared to 28% nationally). Almost 40% of all Indians have a master’s, doctorate or other professional degree, which is five times the national average. (Source: The Indian American Centre for Political Awareness.)
Indians own 50% of all economy lodges and 35% of all hotels in the United States, which have a combined market value of almost $40 billion. (Source: Little India Magazine).
A University of California, Berkeley, study reported that one-third of the engineers in Silicon Valley are of Indian descent, while 7% of valley hi-tech firms are led by Indian CEOs. (Source: Silicon India Readership Survey)
Posts filed under Global Economy
All politics is local?
The prize for the most ethnocentric headline goes to the Times of India for "Indian-American puts the Senate in balance." According to the story, Virginia Senate candidate George Allen's use of the term macaca "to twit a political worker from the rival Democratic Party" turned the tide in that race. The political worker was, of course, SR Sidarth, "of Indian ancestry but born and raised in Fairfax, Virginia." From Slate.com
If we attack Iran
Interesting article about what might happen if we attack Iran. I have nowhere near enough military insight to know if this is plausible or not:
WASHINGTON, DC, United States (UPI) -- The third and final act in the U.S. national tragedy that is the Bush administration may soon play itself out.
Sources indicate increasing indications of 'something big' happening between the Nov. 7 congressional election and Christmas. That could be the long-planned attack on Iran.
An attack on Iran will not be an invasion with ground troops. We don`t have enough of those left to invade Ruritania. It will be a 'package' of air and missile strikes, by U.S. forces or Israel.
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The danger arises because almost all of the vast quantities of supplies American armies need come into Iraq from one direction, up from Kuwait and other Gulf ports in the south. If that supply line is cut, our forces may not have enough stuff, especially fuel, to get out of Iraq. American armies are incredibly fuel-thirsty, and though Iraq has vast oil reserves, it is short of refined oil products. Unlike German World War Gen. Heinz Guderian`s army on its way to the Channel coast in 1940, we could not just fuel up at local gas stations.
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If the United States were to lose the army it has in Iraq, to Iraqi militias, Iranian regular forces, or a combination of both (the most likely event), the world would change. It would be our Adrianople, our Rocroi, our Stalingrad. American power and prestige would never recover.
Army Times calls for Rumsfield resignation
Don't see that every day.
A fairly astonishing editorial appears in today's editions of Army Times, Navy Times, Air Force Times, and Marine Corps Times, calling on Secretary of Defense Donald Rumsfeld to resign.
These weekly newspapers are not official organs of the U.S. military. They're published by a private corporation, the Military Times Media Group, which is, in turn, owned by the Gannett Corp. This is why the editorial is only "fairly" astonishing. (If Stars & Stripes, which is the official newspaper, had called for a secretary of defense to step down, it would be prelude to insurrection.)