Hillary Clinton Takes Data.gov Overseas 250
theodp writes "ZDNet reports that Secretary of State Hillary Clinton's office issued a fact sheet during her visit to India confirming that the U.S. and India will be working together to develop an open source version of the Data.gov project, which was launched in 2009 by off-to-Harvard Federal CIO Vivek Kundra to serve as a central repository of data collected by the US government. The Hindu Business Line notes that Clinton was also pressed to exempt Indian techies in the States on H-1B or L1 visas from U.S. social security taxes, an exemption that, if granted, could reportedly result in savings of at least a billion dollars for the country's software industry."
Re:Opting out of FICA (Score:5, Informative)
You would rather trust it to the government?
Yes. Please ask someone old enough to remember the many, many private pension raids and bankruptcies in the 1960's & 70's. It got so bad the people demanded the government step in and enforce minimal standards and provide for insurance. http://en.wikipedia.org/wiki/Employee_Retirement_Income_Security_Act [wikipedia.org]
Historically, private investment funds were often set up by wealthy people to attract the life's savings of the working class. The market is then manipulated such that the "market makers" (Job Creators :) win at the expense of the common investor. Laws are passed to prevent the manipulation. Yet the problem persists.
How many times has US government social insurance gone bankrupt? I wonder when young people will realize they are being led to slaughter using the soothing drone of FUD on all government.