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Emc2
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Username: Emc2

Post Number: 3359
Registered: 03-2008
Posted From: 199.107.16.132

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Posted on Monday, August 15, 2011 - 10:07 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ashton:

Who is talking abt contract job here? I'm talking about permanent fte job... Contract job is not same as permanent job. find out from your corporate HR.




babu Ashton Northrop and Lockheed,booz allen these companies are defense contractors and they are also contracting companies.
if you have perm job with them it doesn't mean that it is recession proof.
each and every project/contract is different with in these companies.
unless if you get a job directly in DOD then it might be recession proof.
but getting a job directly with DOD difficult..
cherapakura chedevu.
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Emc2
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Username: Emc2

Post Number: 3358
Registered: 03-2008
Posted From: 199.107.16.132

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Posted on Monday, August 15, 2011 - 09:53 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Scallion:

Brother, kontha daka nijam undhi lee.... better budgets till date compared to any other sector oka reason... but the main reason is delayed hiring procedure, at times it may take as long as 6 months and the expenses associated with hiring moolam ga they will try to retain the people more than any one else




kontha varaku definitely he is right i am not denying that.
but what i am saying is if you are in defense contract that doesn't mean that it is recession proof..
cherapakura chedevu.
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Emc2
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Username: Emc2

Post Number: 3356
Registered: 03-2008
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Posted on Monday, August 15, 2011 - 09:51 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Elcaminocapastrino:




I have public trust clearance.as my project does not require SC/TSC/poly.
The project i am working on not required more than that.
but HR do apply for SC/TSC/poly once in a year or when ever they have a budget.
I missed it last time and i am waiting for next chance.
Other way to obtain the clearance is get a job offer in other companies like Raytheon,GD etc.. if the project requires TSC/poly they don't hire you directly
they will wait till you get a clearance and after you get clearance you don't have to join them.
if you want to apply your self, based on the clearance level it may cost anywhere from 15 to 25k that is what i heard and your company has to have contract/project which requires a clearance.
cherapakura chedevu.
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Scallion
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Username: Scallion

Post Number: 9164
Registered: 05-2009
Posted From: 206.123.17.17

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Posted on Monday, August 15, 2011 - 09:28 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Emc2:




Brother, kontha daka nijam undhi lee.... better budgets till date compared to any other sector oka reason... but the main reason is delayed hiring procedure, at times it may take as long as 6 months and the expenses associated with hiring moolam ga they will try to retain the people more than any one else
Jai NTR, Jai Jai TDP
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Elcaminocapastrino
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Username: Elcaminocapastrino

Post Number: 24762
Registered: 03-2008
Posted From: 166.248.0.231

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Posted on Monday, August 15, 2011 - 09:25 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Emc2:

I am working in Northrop too..


do u have security clearance??? how much did u spend to get clearance? how does northrop manage its business processes? which erp?
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Ashton
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Username: Ashton

Post Number: 12493
Registered: 05-2008
Posted From: 64.20.45.178

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Posted on Monday, August 15, 2011 - 09:25 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Emc2:


Who is talking abt contract job here? I'm talking about permanent fte job... Contract job is not same as permanent job. find out from your corporate HR.
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Emc2
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Username: Emc2

Post Number: 3355
Registered: 03-2008
Posted From: 199.107.16.132

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Posted on Monday, August 15, 2011 - 09:25 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Scallion:

I know some people who are working in AT&T as contractor in NJ for the last 15 years & some people who are working in capital one @ Richmond for the last 10 years.... do you mean to say they are the safest ???

Federal & defense jobs are more stable but not for the reason you sited




this is my point too. well said..

cherapakura chedevu.
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Emc2
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Username: Emc2

Post Number: 3354
Registered: 03-2008
Posted From: 199.107.16.132

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Posted on Monday, August 15, 2011 - 09:23 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ashton:

I know people who have been working for more than 10 years in Northrop Grumann*....If u don't know, just keep quiet.




Dude you got information from your friend,its funny.

I am working in Northrop too..

if you don't no how defense contracts work just learn about that contracts..

just don't gave people half baked info..
cherapakura chedevu.
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Emc2
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Username: Emc2

Post Number: 3353
Registered: 03-2008
Posted From: 199.107.16.132

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Posted on Monday, August 15, 2011 - 09:21 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Risingstar:

Ashton is right..




Ashton is not right.

Even in defense contracts it depends upon the contract .

nothing called recession proof..I am in Northrop too..
cherapakura chedevu.
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Scallion
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Username: Scallion

Post Number: 9162
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Posted From: 206.123.17.17

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Posted on Monday, August 15, 2011 - 08:35 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ashton:

I know people who have been working for more than 10 years in Northrop Grumann*....If u don't know, just keep quiet.




I know some people who are working in AT&T as contractor in NJ for the last 15 years & some people who are working in capital one @ Richmond for the last 10 years.... do you mean to say they are the safest ???

Federal & defense jobs are more stable but not for the reason you sited
Jai NTR, Jai Jai TDP
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Kuyyo_morro
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Username: Kuyyo_morro

Post Number: 2176
Registered: 02-2011
Posted From: 66.145.10.30

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Posted on Monday, August 15, 2011 - 08:34 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Scallion:

Naaku telisinanthalo most unsafe to be a contractor for state


Recession valla budget issue avthundana leka any other reason.
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Ashton
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Username: Ashton

Post Number: 12492
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Posted From: 64.20.45.178

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Posted on Monday, August 15, 2011 - 08:31 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Emc2:


I know people who have been working for more than 10 years in Northrop Grumann*....If u don't know, just keep quiet.
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Risingstar
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Username: Risingstar

Post Number: 24140
Registered: 08-2008
Posted From: 76.99.86.64

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Posted on Monday, August 15, 2011 - 08:31 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Emc2:

who told you that defense contracts are recession proof?

babu Ashton enduku cheppu ila half knowledge tho janalaki advises..




Ashton is right...
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Risingstar
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Username: Risingstar

Post Number: 24139
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Posted on Monday, August 15, 2011 - 08:31 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ashton:

chance vunte VA,DC lo defense companies lo job techukondi as you're citizen here...Govt defense companies are recession proof.




thanks mama.. i am not citizen.. i have GC, eti seyyal nenu?
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Ashton
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Username: Ashton

Post Number: 12491
Registered: 05-2008
Posted From: 64.20.45.178

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Posted on Monday, August 15, 2011 - 08:30 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Emc2:


I know people who have been working for more than 10 years in Northrop Gunmann....If u don't know, just keep quiet.
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Scallion
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Username: Scallion

Post Number: 9161
Registered: 05-2009
Posted From: 206.123.17.17

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Posted on Monday, August 15, 2011 - 08:30 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Kuyyo_morro:

State govt lo udyogam/contract thecukunte safe aa.




Naaku telisinanthalo most unsafe to be a contractor for state
Jai NTR, Jai Jai TDP
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Emc2
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Username: Emc2

Post Number: 3352
Registered: 03-2008
Posted From: 70.174.180.39

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Posted on Monday, August 15, 2011 - 08:29 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ashton:

chance vunte VA,DC lo defense companies lo job techukondi as you're citizen here...Govt defense companies are recession proof.




who told you that defense contracts are recession proof?

babu Ashton enduku cheppu ila half knowledge tho janalaki advises..




cherapakura chedevu.
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Kuyyo_morro
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Username: Kuyyo_morro

Post Number: 2174
Registered: 02-2011
Posted From: 66.145.10.30

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Posted on Monday, August 15, 2011 - 08:28 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

State govt lo udyogam/contract thecukunte safe aa. Leka avi kuda effected aa.
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Ashton
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Username: Ashton

Post Number: 12490
Registered: 05-2008
Posted From: 64.20.45.178

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Posted on Monday, August 15, 2011 - 08:25 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Risingstar:


It's a global recession... India ki major impact vuntundi...nothing we can do about it....chance vunte VA,DC lo defense companies lo job techukondi as you're citizen here...Govt defense companies are recession proof.
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Risingstar
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Username: Risingstar

Post Number: 24137
Registered: 08-2008
Posted From: 76.99.86.64

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Posted on Monday, August 15, 2011 - 08:18 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

ashton kaka sethuletti mokkutha once for all bottomline ettu.. denkipoundantava desam? india eltha for 2 years...
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Ashton
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Username: Ashton

Post Number: 12489
Registered: 05-2008
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Posted on Monday, August 15, 2011 - 08:17 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://www.cnbc.com/id/44140925

As the debate rages on about whether the U.S. economy is headed for a douple-dip, one expert says another recession is all but guaranteed, and there's nothing that can be done to prevent it.

Paul Gambles, Managing Director of financial advisory and asset management firm MBMG Group said the bond market, which is the most reliable indicator, has been pointing to a slowdown since at least April or May. According to Gambles, the deleveraging process facing the U.S. is so severe that a recession is inevitable.

"If you've got a $14.5 trillion debt burden, it's going to be a pretty severe recession," he said. "Recession is usually linked to the size of the debt (a country) has to clear up." Click here for full interview.

In fact, Gambles believes the U.S. economy has been in trouble far longer than most people appreciate and has been merely using debt to prop up growth.

"The U.S. was borrowing somewhere north of $500 billion a year to create GDP growth of a little less than $500 billion a year," he said. "The U.S. has been at stall-speed for the past 10 years."

"(When) GDP growth is less than the increase in national debt every year, it just doesn't make sense," Gambles said. "To us that is not real growth...It's just papering over the cracks, it's hiding over the fact that maybe we are already in a serious recession where growth is impacted by the sheer amount of debt that's out there."

Gambles said he's been taking advantage of the rally in the Treasury market over the past few months, but he thinks that party might end soon because a recession would hurt the government's ability to raise revenues.

"Once we get into that environment, at that point, you probably don't want to be holding Treasurys any more, because there's a huge amount of pressure coming down on the credit rating, not just from the growth slowdown or the move into recession (but the) move into deflation," Gambles said.

Instead, MBMG Group was holding 45 percent in cash in some of its most defensive portfolios and Gambles said he's also been moving money into the Singapore dollar[SGD= 1.2051 -0.0074 (-0.61%) ] and Asian government bonds.

"What we are trying to do there is not only preserve capital but are there other opportunities with cash? So for instance Singapore dollar has been a theme we are interested in....and also some short term emerging market bonds," he added. "If you look at some of the shorter dated Indonesian bonds, we've had a kick-up from rupiah [IDR= 8531.00 -7.00 (-0.08%) ] doing ok, but also there's some yield from those instruments."

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