META name="y_key" content="f2ab7f45e87c5e0d"> Interactive dialogue: February 2010

Sunday, February 28, 2010

Make Money

Money is a word charmer.
It woos you.
It enlivens you.
It cheers you.
It  reverberates.
It resounds.
It works.


The way you make money is important.
To amass wealth, be it your motto, you have thousands of ways and means beore you.
Earning revenue in proper manner does not throw open such plenty routes.
It requires discipline.
It needs honesty.
It underlines complacency.


The hoarding  by unnatural methods ,prove to be a jubliant respite, but will end up as a deadly strain .
Mopping up money  is an excellent job.
Excellence is weighed not on the quantity but on the quality.
Modern trends deviate from such  moderations.

The letting out money for interst is a transgression that has to be banned by law.
Earning money through money is the first deceitful strategy.
Banks and financial institutions should be liberal in disbursing loans.
They should also prempt quickness in distribution.

Minting money through abrasive techniques like insider trading, lending names to launder the un accounted, concealing incomes are all fraudelent demeanours that have to be reraqined.
The bring down the numbers ,the government has to emulate tax structures , which would fiercely subsidise the wrongs.
To enable such crafts ,the tax should be minimised, so that the payer would not  feel the burden too much.
A less tax interprets an easy business. such that the real income would not be shoved of, or a part of it not entered in the proforma.
The minimal tax will open up integral pattern of submission of accounts.There would appear a firm tranparency  in the transactions

The commissions that the middlemen get is another easy way of making money.
Negotiating ushers a minimum 2% return.
The reference of kick backs is found in almost all strata of business and professions.
It starts  from finding a helper , locating a house for rent  or for sale , arranging loans, fixing a lawyer, focusing a builder and identiying a laboratory to have your medical tests done.
The voluminous growth  of such incomes are too heavy that they need to be checked.



The facile methods of making money in short time has pronounced a culture which is discriminately deformed.
A promised perspective and a verified regulation has to be programmed to transform the revenue into productive use.

Indian Budget -2010

Budgets are a financial projection ,which have no validity in the course of the year.
One analyst has called Pranab Mukerjee's exercise as a short term pain for a long term gain.
What does he imply by his comment?


Pains comprise mostly of the price hike of petrol and diesel.
This enhancement has evoked a large scale controversy.
But the government is firm in its proposition.
By this escalation, the government stands to gain 400.000 crores.
The public lose Rs 2.25 for every litre of fuel. whether it be diesel or petrol.
Incidentally ,the freight charges will increase.
Air fares, bus  charges , would shoot up.
So the government's gain is a loss to Indian.

Tax sops, rural promotions, ,women empowerment, infrastructure development are the  usual case of study in every year budget.
They find prominence in speech , but in action they  are not to be visible.
So the budgets  are a sensation for a few days.
Media gives a wide coverage.
T.V's make a wide propaganda.
Business men, and industrialists sit glued to the idiot box.
The channels call for interiews with reputed industrialists.
There arises a spectacular performance.
A top economists  talks to an industry's topper.
He indulges in a long discourse, which most times elucidates the ignorance of the performer.
The newspapers  give a guady accumulation to Budget presentations.
That which looks ordinary becomes an ostentatious submission year in and year out.


It is the commoner, who is an odd man out .
He stands rejected.
He looks dejected.
He moves  in a quandary.
He lives in perfect Chos.

Well done Pranab Mukerjee!!

Thursday, February 25, 2010

An Elegy on American Capitalism

Let us call it off,
Let us cry hoarse,
Let us shout wild,
Let us yell loud,
Let us wail  bitter,
Capitalism  dead..

As we created unsound dogmas,
As we manipulated unreal destinies,
As we manouvered indistinct pranks,
As we moulded incorrigible precincts,
As we amassed horrible wealth.
Capitalism died


If not for our greed,
If not for our treachery,
If not for our  dishonesty,
If not for our arrogance,
If not for our insincerity,
Capitalism  would be alive.



Mourn the goodness,
Mourn the plenty,
Mourn the greatness,
Mourn the prosperity,
Mourn the democracy
Mourn the capitalism

Friday, February 19, 2010

China Consolidates.

The Chinese Premier Wen Jiabo ,is worried about his country's investments in U.S bonds.
China has sold $34.2 billion worth of U.S bonds.
The Chinese government is displeased  with U.S proposal to sell fresh arm package to Taiwan.
It is also intrigued  by the welcome  provided to His Holiness Dalai Lama.
The annoyance has been expressed in such terms as to withdraw its aid to U.S.

Timothy Geithner,  during his  visit to China last december had assured China that U.S is definitely inclined to  create a strong and secure financial system.
But China has its own apprehensions over U.S financial policies .
It has sold the bonds to safeguard its economy.

The world at large has lost its trust on dollar.
The U.S. policies are unsustainable.
The question where is China going to invest the money if not on U.S bonds.?
This interrogation is an unneccessary prodding of the U.S economic analysts.
China is free to do what it wishes, though dumping its money on Euro or yen  is equally insecure.

There seems to be a disarming alarm, that  would  lead the U.S economy to a disenchanted proposition.

Wednesday, February 17, 2010

Revenues Reviewed

Revenues of nations have suffered a set back
Precisely income in the developed economies have turned south.
There is a despondency.
There is a haphazard feeling.
There exists a prickling dilemma, a pinching  deficit.


The growing economies sit in a pretty comfortable position.
Their revenue which had been modest all throughout have extended gains.
Their fugitive sensivity has been pacified .
Those of whom looked to west for handsome revenue have resolutely anchored their oars in their country.
The parity in revenue has shrugged to a  minimal fixture.
The exodus to the rich western nations has been to desirable level restricted.
The brain drain has been subdued.


The income of $100,000 in U.S is found among  4%  of the populace.
There is a maximum of underemployed , unemployed and poverty stricken  that expose  a shoddy circumspective   revelation.
The Developing economies  rule the roost .
Their progressive despatch have enrolled a surging capcity  for employment.
There exists a constant call  for  acceptance of job seekers.
There  are immense opportunities .
There are extensive soures for generating revenue.
Ther is no cash strapping.
The outflow of money is finely chanellised to meet the demands of the country.


The central banks  in these nations have evolved a dynamic schedule.
Gripping the reserve ratio, clasping the disbursement, catching the promotions  with emphatic determination  has enabled the economy to grow not in fits and starts , but in a streamlined procession.
The Western countries have slipped in their decision.
The shoe is pinching them.
Now it is for them to  decide, whether to remove the shoes, or alter the size, as it is absolute falsehood to cut their feet.

Tuesday, February 16, 2010

The Great Fall

Dreams come true some times.
Facts get distorted  at times
The land of plenty has lost its charm.
Debt is mounting to trillions.
The business reforms have not seen the light.
The fat cat bonus have been approved by Obama, contrary to his early resolutions.
The commodities are in the rise.
Oil which was kept under control ,has dashed out of the encumberance ,and  is raging high.
There is unemployment , under employment and  there exists much parity between the haves and have nots.


The U.S debt is a junk.
There is very little shimmer of hope.
Economy has absolute risk.
That which was business has now become a gamble
That which aimed for profit has now become a disaster..
That which worked out  a reward now presses a deprival.


The bubble has bursted.
The foresight of the policy makers is conspicously at fault.
The growing economy China,is manifesting great prudence , by raising the reserve.
The move restricts the hurried growth.
Hastiness leads to fast fall.

The short term investment is the only way out ,as there is no long term future for the Nation.
The research should be oriented in this direction.
A stitch in time saves nine.

Friday, February 12, 2010

Greece ,China Depress Markets.

Greece is pulling the euro zone,back into recession.
The debt ridden Greece has to be whacked up by Germany,whose economy has also stagnated.
The Greeks should cut off their spending to  get the nation's economy under control.
The economy has contracted by a wild .8%.
This cues has affected the stock market firmly all through the week.



China's announcement that it will raise the reserve ratio ,has brought in a keen dramatic eventuality.
The stocks fell in Wall street.
Gold also tumbled by $10.
China is one of the world's biggest consumers of commodities.
Its move to slow down the pace of its growth  has raised serious concerns.
The inference is China has lost its appetite for commodities.
Heavy selling pressure was seen in the Asian trade after the People's Bank Of China said it will raise the ratio of reserves bank must set aside by 0.5%, a second move of the year.

Globalisation has mostly compressed the economy in size and in merit.
A meticulous way out has to be worked out.
Can we conclude that Globalisation is in the brink of collapse?

Tuesday, February 9, 2010

A Ridiculous Study

Angus Deaton , the noted Princeton Economist, has cast serious doubts on World banks last upward revision of global poverty figures. 

His statement that the world has become poorer as India has become richer.
No study of economics indicate such dimensions.
He relegates that India's exit from the poverty line  because of its econmic growth  resulted in the average rising.


The Purchase power Parity (PPP) is the formula that is used to calculate the national poverty lines  of a group of the poorest countries in the world. This is done by converting them to U.S. dollars.
India emerged out of the poverty line in 2005.


Deaton argues that the Indian poverty line should be taken as standard , so that India does not get richer, thus the world does not become poorer

The findings Of Deaton are not proactive to the economic prosperity.
India is working towards an economic progression.
It has  opened  up the economy that , has brought in an assured promise.
Its entry into the Information Technology sector with a bash ,has  recorded an immense growth.

Overlooking all these vital considerations, the learned economist has concluded that Richer India makes the world poorer.
Pushing the country into oblivion by the dominant nations ,is a routine procedure.
Coming out with irrelevant demostrations are not expressive of the economists research..
Deaton should have studied the cause for Indian economic resurgence.
Instead he has presented an incomprehensible doctrine.

Sunday, February 7, 2010

Politicial Billionaires-Nouveau Democracy

Of late ,the political motivation  intends to harp in great  wealth..
Those in power wield an authority over the state  in financial terms and in ruling relics.
The power creeps into the head.
The head rises up in pride.
The massive supremacy gives them a licence to act as they like and as they wish.
They live in style.
They act with domination.
They pass orders with determination..
They take law into their hands.
Law, security, religion , education, administration, are handled with utmost audacity.
The old form of dictatorship has assumed a new design called democracy.


Democracy is for the people, by the people, and to the people, said Lincoln.
I differ.
It is for the politicians, by the politicians ,and to the politicians.
Even great Lincoln has erred.
The politicians of modern day, behave in an emphatically  wicked ,callous manner.
The ancient concept of family rule, that which was in vogue some 200 years back ,is gradually   assuming the limelight.
The fillial ties have gained strength.
A son or daughter rises to the top office after the death of the parent.
Earlier the country was ruled by Kings.
Now they are reigned by Presidents, Prime Ministers in the centre, and Chief minister in the state.

A cohesive melodrama is enacted in the state  of Tamilnadu,down south of India.
The father is the present  Chief Minister.
The second son is the Deputy Chief Minister.
The first son is the Central Minister.
The daughter ,by another wife, is the Member of Parliament.
The nephew ,again is a cabinet Minister in the Centre.
Another nephew is a prominent Media  executive.
Even the Kings of the Chera, Chola, Pandya period did not make up such a ruling clan.


As it seems, the trio, brothers and sister are in a buying mood.
Billions are like thousands to them.
Millions are only  hundreds. to this group.
 If any  valuable property comes up for sale, it is silently acquired by the siblings.
Such a way the family possesses a sizeable amount of prominent  properties in Tamilnadu.,whose asset value runs into billions.
Every transaction has to get the endorsement of the trio.
This revlation may sound odd to others across the world, but not to the proud Tamilians, who boast of their rich tradition and enviable culture.
The politically sound Tamilians knowingly or unknowingly have  been put against infinite irregularities and extreme  difficulties ,which they endure with soberity and resignation..



The politicians  are elected to power ,to rule the state with dignity and decorum.
They have not been sent to the legislatures to amass wealth.
They have not been appointed to increase their financial prosperity.
Singular takes over the collective.
It is not the country that flourishes, but the person who  attains exorbitant prosperity, which is incomprehensible..
The state sinks.
The Man excels.
This is nouveau democracy.
  

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Friday, February 5, 2010

Indefatigable Debts

Debts are bearing an impersonation of the deceitful treachery that mops up the entire financial crisis.
The nations are rattled by the fear of what is in store for the future.
The procedural flaw exhibited in  the Fannie Freddie  mortgage loans has swapped the inimitable integrity o the banks.
The closure of   banks in quick succession has shaken the trust in the institutions.
The expectancy of revival ,which seemed a near possiblity ,is showing a negative trend.
The living beyond the means has gained a  momentum in the years.
The credit card, the debit cards have brought in a culture that anything is possible under the sun.
The daring  attitude has rendered a community that could eke out a living in debts.
The squaring up of the debts is not simple  as it appears.
The credit concept is an iinfatuation.
The impulse to purchase would be limited when ione is bereft of cash.
This theme was the practice o the past.
With the advent of liberal funds thrown out by the banks in the form of credit and debit cards , have proved to be discriminately destructive not only to the individual but to the financial instituions.
The vicious significance has demoralised the nations too.

Living in debt has become a fashion.
The pride in owning assets without payment has created a neo classical genre.
The deferred  payments or precisely instalments have eased the buyer from securing a wholesome fund.
But the facility has made him irresponsible .
A sluggish repayment  is precipitated ,which in course of time debases into a no repayment.
The debts mount up. The interst multiplies.
The borrower is trapped.
The lender is ambushed.
A series of serious defaults  are let loose.
The economy crumbles.
The nations become debt prone.

Thus debts bring about a defeat ,process a captivation of ownership without full payment, promote a disenchanted proposition of error and aberration.

Wednesday, February 3, 2010

Doctoring The Economy

Economy is panting.
Industrial resurgence is encouraging.
We need a realistic configuration to make the eonomy work in a cognitive spirit.
That technique lies in the crafty deals ,coherent policies and conducive progressions.


The business of the nations  is  crossing a nonchalant  reference.
The scruples ,the derilictions, the digressions ,and the vivacious propensities are passing through a headway procedures.
These should be nurtured withutmost care.
The policies o politics should not overcome the doctrines o commerce.
The intervention of politicians would spoil sport.
Economy will end up in disaster, if this is allowed.


Getting out of the trenches need extra boldness and  out of box thinking.
It is easy to learn from past events.
It is  facile to ape the solutions.
But ,we should keep in mind that each case has a different  direction.
Each complication has an altered  approach.
Diagonsis also present a basically modified ethos.


Myriad proformas  are put forth.
The ability to distinguish between the true and false , the genuine and  thedeceit, the real and the unreal is put up to test..
The discrimination and delineation are the essence of a powerful economy.
The proven capaciy of distinguishing the vital from the un important, the relevant from the irrelevant  assumes a stimulating reverence.


The sensible care  of the penchant dimensions will ensue a pack of prosperity and a gift of cheer .