Monday, October 31, 2011

The whole of India heaved an enormous sigh of relief yesterday when the inaugural Formula 1 Grand Prix passed off without a hitch. This was held in Noida in UP which is the cesspit of India. There was no electricity failure to delay the start of the race, no attack on spectators by the police and the winners were presented with beautiful cups and not hideous statues. Today's newspapers and TV anchors are screaming about how the prestige of Brand India has been enhanced by the event. What no one is saying that the event was a success only because it is a wholly private enterprise. Formula 1 is owned by Bernie Ecclestone and was organised by private business people in India. The only other sport which is even remotely successful is cricket which is run by BCCI, an autonomous body. All other sports are controlled by filthy politicians and civil servants who loot all the money, travel around the world with family and friends and treat athletes as servants. The Commonwealth Games were a classic example of complete lack of class of our politicians who shamed us in front of the world. Being of low class politicians and civil servants think that accumulating vast wealth by looting taxpayer money, travelling around with Z+ security and getting photographed with world leaders gives them class. What they do not understand is the level of contempt people have for them. Diplomats of other countries will be openly polite but will snigger in private. That is why China is able to summon our ambassador at 2 in the morning, Sri Lanka kills our fishermen and Pakistan sends terrorists at will. When you have a Bofors you will have a Union Carbide.

Saturday, October 29, 2011

Even as politicians and business people blame the RBI for slowing growth by raising interest rates food inflation jumped to 11.4% in the week to October 15. It was 14.2% at the same time last year so the present rise is based on an already high level of inflation. From March to October food prices have risen by 12.1%. Inflation should drop from December when summer crops are harvested and winter vegetables come to the market but this will be a seasonal dip and prices could go up again next summer. As I have been saying the foundation of this inflationary trend was set in 2008 when the Congress used public money to bribe voters by forgiving loans of farmers, started a scheme called MNREGA which pays rural people Rs 162 per day for 100 days a year for doing nothing and increased salaries of useless parasitic civil servants by 80%. Unable to control its ballooning deficit our most revered Finance Minister is now contemplating reductions in fund allocations to these schemes. The bond market has proved that those who blame the RBI are lying. In Friday's auction, yields on 11 year government bonds reached 8.95% which means traders believe that the government will not be able to reduce fiscal deficit forcing it to borrow from the market pushing up rates and inflation will remain high preventing the RBI from reducing rates. The only good news in this dismal picture is that dealers are predicting a fall in sales of properties. The only way to control inflation is to eliminate black money and that can only be done by reducing property prices by 70%. Once black money is sucked out of the system real growth can start. What will the criminals do?
A concert at Gurgaon near Delhi by the heavy metal band Metallica was cancelled yesterday at the last minute because organisers were unable to replace a security barricade near the stage that broke due to crowd pressure. Naturally people reacted with rage and some $200,000 worth of equipment was destroyed. Meanwhile in Bengal 12 babies aged between 3hours and 10 months died within a period of 24 hours. Two days earlier 11 babies had died at BC Roy Hospital in Kolkata in one day. Freeloading journalists go hysterical at this " neglect " of children of poor people because it is only the poor who go to government hospitals. Babies less than 2 years of age are extremely fragile and vulnerable. Infection in one will infect others within a period of hours. An infected baby needs to be isolated, needs barrier nursing, incubator and expensive antibiotics none of which can be afforded by a government hospital. All these hospitals were built 50 years ago and no one foresaw the population explosion that has ruined this country. With 3 babies to each cot there is no way any hospital can prevent spread of infection. The doubling time of E coli is around 20 minutes so starting with one bacillus and doubling every 20 minutes you would have billions within 12 hours. Little babies, malnourished and underweight to start with, stand no chance. In other news, Income Tax fellows are now targeting Kejriwal's wife while other Gestapo agencies of the government are after Kiran Bedi. The Feral Dog continues to spew venom against civil society members while the Wide Receiver increases taxes to cover for the Commonwealth Games loot. Incredible India.

Thursday, October 27, 2011

The Indian government has great objections to the travel advisory put out by the US, Canada, Australia, Britain and New Zealand advising their citizens against travel to India during the festival season although they deny knowledge of any specific threat of terror attack. Not surprising because during the night of Diwali not one police person was to be seen anywhere in Delhi even though we had been warned of being careful. Instead of objecting our government should request these countries very politely to inform us if they do come across any credible information of terror attacks because our most revered Home Minister insists that " No intelligence does not mean intelligence failure ". Which means that our politicians are least bothered about the safety of citizens as long as the scoundrels get Z+ security. Apparently the Foreign Minister of New Zealand, Murray McCully has said soothingly that this was just to advise citizens to avoid any demonstrations. If this sounds that he thinks Indian politicians are a bunch of morons then he has good cause. There has been no serious attack on US, UK or Europe for at least 8 years because of intense intelligence gathering and preemptive arrests of terrorist cells. The US has been eliminating terrorists by using drones whereas our fellows are going on " bended knees " to talk to Pakistan which is the source of all terrorism in the world. The Demilitarized Zone in Korea has ensured peace for over 60 years with fencing and innumerable land mines but we have started a train called Samjhauta Express ( meaning understanding ) so as to bring Pakis across the border in great comfort. Indians need advisories to travel in India.

Wednesday, October 26, 2011

In the " Russia and India " supplement in the Times of India yesterday one Alexander Yemelyanenkov, writing on Kudankulum nuclear power plant, which was built with Russian collaboration, says that people in Lithuania, Armenia, Russia, Belarus and Ukraine are puzzled by the opposition to plant when Rs 131 billion have already been spent constructing it. He gives a list of plants with similar technology operating trouble free for years in Hungary, Czech Republic and Finland and lists 7 preventive technological safety systems in place. He says that seismic background of the region has been incorporated in the design and finishes with the killer argument that during a tsunami local people sheltered behind the breakwater of the plant. Any Indian will know the reason for the recent activism against the plant. The present Chief Minister of Tamil Nadu hates the party of the previous government, the DMK. DMK is an ally of the Congress at the center so she will oppose anything that Congress does even if an uninterrupted supply of power will provide an enormous boost for industries in the state, in turn boosting employment and standard of living. For Indian politicians personal gain or petty grudges are more important than progress of the people. The more important reason is that people have total contempt for civil servants and politicians and do not believe a word of what they say. For decades we have been ordered around like serfs and given no information. Even now simple information has to be dragged out of these criminals by using the RTI Act. People see the government as their enemy and reject everything they are told. With reason.

Tuesday, October 25, 2011

Man called Raja Khan committed suicide by self immolation in front of the parliament in Pakistan. In his note he says," I am committing suicide following acute financial crisis which my family is confronting." He accuses the President and the Prime Minister of promising " bread, cloth and roof ", or roti, kapda and makaan as we say in India, before elections and failing to deliver. Before that, also in Pakistan, a young man shot 8 people, including both parents, 4 brothers and 2 sisters, to death because his father was unemployed and he was tired of poverty. From Africa, across the middle east to south Asia poor people are breeding like rats in the belief that their governments will provide them with food, clothing and shelter for life without any responsibility. China started its one child policy in 1991 and has seen explosive economic growth as children have been better nourished and educated, women have joined the work force in droves increasing the pool of labor and less spending on food has meant greater spending on household goods stimulating production and employment. Indian economists try to hide the truth saying that an aging population will be a burden on future generations as a smaller work force has to look after large numbers of elderly. That is surely better than an average life span of 55 years, which the poor suffer in India, and poverty means that the elderly are neglected anyway. China has enormous currency reserves to look after the elderly and can look forward to people working to very old age as medical advances make old people healthier and more active. Politicians will not tell the truth- if you breed like rats you will die like rats.
Gaddafi has been buried and the new government promises a moderate Islamic state. Companies from Europe and the US will be queuing up to loot Libyan oil. This has been an enormous victory for Messrs Cameron and Sarkozy who will surely strut their mojo. UK and France secured a UN Security Council resolution to protect civilians, converted it to an outright declaration of war against Gaddafi's family and tribe and actively collaborated in his murder by bombing his convoy. They bombed his private residence, murdered a grandson, who was a minor, and killed hundreds of his tribe not in honorable battle but in cowardly sneak bombing from the air. NATO flew 26000 sorties of mass killing and did not lose a single soldier. Gaddafi was captured by the Misrata fighters, tortured and killed in cold blood. Finally, his body was exhibited to the public clad in an under pant whereas muslim custom dictates burial at the earliest. No doubt revenge killings are taking place all over Libya. Countries of the middle east and Africa are extremely tribal and Gaddafi's people will always remember the way he was humiliated and his body desecrated. Once dust settles disagreements are bound to arise over distribution of oil money. People of Benghazi and Misrata will want to keep the major share as payment for suffering the most and will be contested by tribes from the west and south. How long before we see a situation like Iraq? Tunisia has voted for an Islamist party. The Muslim Brotherhood originated in Egypt. The west hopes that Syria will be next. What if it is Saudi Arabia? UK tabloids call Gaddafi a " mad dog ". Will Cameron be a son of a b....

Monday, October 24, 2011

Indians are the most deceived people on the planet. Politicians are professionals liars. Most journalists are free loaders and our " economists " sit of boards of various companies and so have a vested interest in hiding the truth. In today's papers we are given a liberal dose of such lies. Apparently 67% of CEOs of companies feel that growth will be cut to 7.5% because of high interest rates. They would like to see the RBI start to reduce rates even though inflation continues to be above 10% and is hurting consumer spending. It is possible that they are more worried that if interest rates continue to remain high property prices may crash and since their black money is in property they want the RBI to reduce rates. Another news item blames the euro zone for the fall in the value of the rupee. Apparently foreign funds are selling Indian stocks and moving into the safe haven of the dollar because of the anxiety over the euro. No attempt is made to explain how the Yen, pound sterling and other east Asian currencies continue to remain strong. The truth may be that the government has lost control over spending and, consequently, fiscal deficit. Uncontrolled inflation means a continuous fall in the purchasing power of the rupee which, in turn, raises cost of imports like oil and leads to further inflation. Instead of cutting spending the Congress is desperately trying to bribe different sections of the electorate so as not to be routed in next year's state elections. Rs 5.5 billion plus Rs 6.92 billion is to be spent on building two stretches of highways in Rae Bareli which is Ms Gandhi's constituency. Wonder if there will be cut throat tolls on these roads?

Saturday, October 22, 2011

Nepalese Prime Minister, Baburam Bhattarai said," The copied traditional democracy in South Asia serves only small sections of society." Not just South Asia, democracy has become the ultimate refuge for scoundrels, knaves and flunkies the world over. Politicians in every country are self-seeking bullies ready to sell out to the highest bidder. People have suffered monarchy, feudalism, fascism and other forms of tyranny. Communism was a utopian concept wherein everyone would be equal with resources divided according to need but turned into a great evil controlled by some of the biggest mass murderers the world has seen such as Stalin and Mao. Seems that criminals and psychopaths always manage to conquer power no matter what system of government we devise. So it is with democracy. The US is paralysed because its politicians are bought by big business who will block any attempt to regulate or tax the rich. Greek politicians falsified accounts to join the Euro leading to a binge of borrowing bringing the government to the brink of bankruptcy. Sarkozy wants to be Nepoleon and has become a father to prove his size. Cameron has wasted at least 500 million pounds on bombing Libya while cutting health care and education. India is a police state controlled by the Congress. Delhi Police has decided to stop all construction work and remove laborers at Aerocity near Delhi airport for 3 hours before movement of VVIPs. Meanwhile our VVIP Prime Minister says," We must guard against the mood of negativism that seems to have gripped the country." How? When we are and will remain aam while you and your friends are khas forever.
After being stung by the exposure of its massive corruption, people's support for Anna Hazare and trouncing in the recent bye elections the Congress is attacking back on many fronts. Its vicious attack on sleeping supporters of Baba Ramdev at the Ram Lila grounds led to the death of one innocent woman. No Congress fellow has been charged with murder so far. Using same tactics on Hazare backfired because Hazare has no wealth to protect. He was content to be imprisoned and refused to leave jail until his demands were met causing a most humiliating climb down. He was taunted as a rabble rouser and asked to stand for elections which he has refused to do. Firstly he does not have the black money and goons to fight an election and secondly, who would want to associate with a bunch of criminal beggars anyway? Hazare was accused of being in the pay of the BJP. The freeloading press went hysterical when the RSS, a Hindu organisation admitted helping Hazare, as though it was a crime to be supported by Hindus. A Pakistani has confessed to being an admirer of Hazare and has vowed to fast against corruption in Pakistan. Dies this make Hazare an ISI agent? Now Hazare's team members Kiran Bedi and Kejriwal are under attack. Meanwhile our most revered Prime Minster says that a new law will seek to punish corruption in the private sector. Does this mean that anyone seeking to bribe public officials will be punished? This is a variation of the government's version of the Lok Pal Bill which contained more severe punishment for whistle blowers than for thieving civil servants. No wonder the Congress is the most successful syndicate in the world.

Friday, October 21, 2011

Another example of criminal waste of taxpayer money. Seems that the government is determined to pour a further Rs 260 billion into Air India to pay its debts. This is a bankrupt company with poor management and too many overpaid corrupt workers with salaries and perks that Bill Gates would be proud to receive. Seems the the CEO gets club membership worth Rs 7 million. When fiscal deficit is set to be above 6%, inflation fixed stubbornly above 10% and the rupee is dropping like a stone what is the reason for this generosity? Perhaps because politicians are allowed to travel free with family, friends and other dubious companions by this state controlled airlines causing massive losses to the public. There are only 3 Public Sector Companies which provide valuable service to the people - the railways, the postal service and the State Bank of India. While the SBI is hugely profitable the other 2 are in desperate need for investment. The railways need money for laying more tracks, new more fuel efficient engines and new passenger friendly bogeys. The postal service is becoming irrelevant as private couriers eat into its business. Post offices should be allowed to sell stamp papers, which are controlled by lawyers at present giving them undeserved earnings, accept passport forms and renew driving licenses. This will greatly enhance earnings as well as offer great public convenience because post offices are easily accessible. Money can easily be found by allowing Air India and BSNL to fail and scrapping the Nazi inspired compulsory numbering of every citizen called Aadhar. Indian citizens have less power than in China. Criminals rule.

Thursday, October 20, 2011

On his return flight from South Africa our most revered Prime Minister confirmed that the economy will grow by 8-8.5% this year and 9% next year. Every indicator points in the opposite direction. Inflation is out of control despite the RBI raising interest rates 11 times. Growth in industrial output is stalling. Politicians try to pass the blame on to " foreign factors ", high commodity prices and the high interest rates when they are the ones responsible for this mess. Fiscal deficit will be above 6%. Revenue shortfall could be between Rs 500 billion and 1 trillion. The government will need to borrow to fill the hole and this will put upward pressure on borrowing costs. Although India has huge coal reserves lack of coal is causing power shortage. Demand for power is growing at 7% per year while production is growing at 2.2% causing damage to industrial output by 25%. Manufacturers of clothing are looking to shift production to Bangladesh after India raised the number of items of clothing from Bangladesh to 10 million pieces a year. India charges excise duty on finished clothing and wages are much higher here with workers agitating for more money due to inflation. Since textile industry is very labor intensive shifting production to Bangladesh will reduce employment prospects. With the economy almost moribund ministers are debating whether to eliminate Securities Transaction Tax to stimulate the stock market. Share markets are indicators of economic health like fever is a sign of underlying disease. Eliminating STT is like prescribing aspirin for tuberculosis. Perhaps, if politicians stopped travelling around wasting public money it might help. Criminals.

Wednesday, October 19, 2011

After 5 years of captivity in Gaza 25 year old Gilad Shalit, an Israeli soldier who had been kidnapped and held incommunicado by Hamas, was exchanged for 1050 Palestinians imprisoned in Israel for various offences against the Jewish state. While families and friends on both sides were happy Hamas portrayed it as a victory in its war against the Zionists. At first glance it would seem to be an overwhelming victory for Hamas but a little thought shows how dangerous the implications could be. It seems to lay down a new benchmark - one Israeli equals 1050 Palestinians. In any future confrontation, which is inevitable, Israelis would be tempted to treat Palestinians with contempt, as human dross with no value. Israel has traditionally responded to any attack with disproportional violence in an attempt to instill fear into their adversaries. After this exchange Israeli soldiers may be tempted to be even more indifferent to Palestinian suffering. On the other side it shows how little value Hamas places on its own people. This is probably why Hamas is able to send women and children as suicide bombers. Thus Hamas exhibits the same callous indifference for Palestinians as Israelis do. Since it does not have any value for Palestinians it is not surprising that Hamas wants to wipe out Israel and its people. Also it will do anything to subjugate its people to stay in power. Like communist states keep their citizens poor so as to prevent dissent Hamas will keep Palestinians in Gaza in abject poverty to encourage anger and channel it against Israel. Its killing of Fatah supporters shows its intent. This exchange will not bring peace, it may bring more brutality.

Tuesday, October 18, 2011

According to Mr Narayan Murthy, an alumnus of Indian Institute of Technology and ex chairman of Infosys, students qualifying from IIT today are of poor quality incapable of independent analysis and creative thinking. He blames it on coaching classes that students go through to get through the IIT Joint Entrance Exam. This is a competitive examination where success is determined by percentile level rather than actual marks earned. In other words you qualify as long as you are better than your competitors no matter how good you are so if the competition is poor you get a place. Initially there were just 5 IITs which were recognised internationally as centers of excellence. A few years ago the Congress party suddenly added another 7 institutions under the IIT label without adequate infrastructure or faculty, their excuse being that you can never have too much of a good thing. Reservation for OBC category went up by 54% while staff to student ratio declined. At present there is a need for another 2500 teachers. It does not take a nuclear scientist to realise that if the quality of students is diluted and staff numbers are inadequate standards are bound to fall. Since half the seats are reserved for various groups of undeserving candidates good students from the " general list " have to fight hard to get a place. Coaching classes teach students how to succeed in the exam. It is not as if they have access to questions. Surely any teaching must be good so why the hysteria. It is probably based on the old socialist stupidity. Only middle classes can afford coaching classes so they are bad. Why not stop students going to Harvard? Imbeciles.

Monday, October 17, 2011

In India everything belongs to the government, which means a bunch of criminal politicians and thieving civil servants, and not to the people. That is why people have no rights and are treated as dirt by the filthy scum. An Air India plane was diverted to Gatwick, south of London, because Heathrow was closed due to fog. Passengers were not allowed to deplane by air India staff and no information was provided to them as to why they were made prisoners for 8 hours. Air India would not provide any food because their catering staff are at Heathrow and Gatwick airport staff could not help unless the passengers were in the terminal building. Passengers had to survive on crisps and Coke until the flight managed to reach Heathrow in the evening. Food in households is usually cooked on gas cookers supplied by government owned companies in canisters called " cylinders ". There are elaborate rules on how one obtains a cylinder and what to do when changing residence. A person travelling from one state to another has to surrender his cylinder and obtain a certificate which is then submitted to a gas dealer nearest to the site of the new residence. It is like shifting one's account from one state to another in the same company and should be easy. But, like all government work, not so easy. In Gujarat one needs a copy of a ration card, which has been abolished in the rest of the country, for the transfer. Naturally a person coming to the state will not possess one so he is made to get an affidavit from a notary on a Rs 20 stamp paper, provide proof of residence and photo identity. Whether in London or in Gujarat we are always dirt.

Sunday, October 16, 2011

Our most revered Prime Minister thinks that the Right To Information law is a bad idea, apparently because it prevents civil servants from writing down their personal opinions in files. What our great leader does not explain is why. Doctors are required to write very detail in the history sheets of patients and patients have total right to access their files. Doctors work under great stress and very often with little or no information where they have to make life saving decisions quickly. Civil servants, on the other hand, are a bunch of pampered parasites, who are the biggest obstacle to any reforms or progress, because any transparency will reduce the darkness that protects them and the huge black money they earn. Not surprising that they hate the RTI Act and would dearly love to be rid of it. " Even as we recognise and celebrate the efficacy and effectiveness of the RTI Act we must take a critical look at it. There are some concerns that need to be discussed and addressed honestly," said the Prime Minister. H What the Prime Minster fails to understand, because he has been a civil servant all his life, is that if there is no secrecy there will be no need for RTI. Apart from defence and foreign affairs there is no need for secrecy. Indeed, as the Wikileaks exposures have shown even these do not need secrecy. Secrecy gives unnecessary and dangerous powers by eliminating accountability and that leads to corruption. As doctors have discovered honest notes are the best protection because the Supreme Court has held that a mistake made in the " best of faith " is not punishable. Opinions discussed honestly will be respected by the people even if proved wrong later.

Friday, October 14, 2011

Indians are the worst informed citizens in the world. Every few years we are asked to vote for some politician who is most likely to be a criminal or a relative of another politician. Once elected they take off for the state capital or for Delhi where they reside in palatial government accommodation at taxpayer expense and roam around in white Ambassador cars with red beacons and sirens and are guarded round the clock by heavily armed police. High ranking civil servants, usually of Indian Administrative Service, also live in protected houses provided by taxpayers and work anonymously behind high security. Ordinary citizens, therefore, have no information on how decisions are taken and no say in how laws are formulated and taxes levied. No information means complete lack of power so we suffer extortionate taxes and bad punitive laws in silence. No one can understand what is happening at Maruti's Manesar plant where workers have been on strike for over a month. Maruti was the brainchild of Sanjay Gandhi who was given land and a lot of money by his mother, Indira Gandhi to set up a completely indigenous car plant but when he died there was nothing. Suzuki was selected to set up a plant and was given a lot of official help. From the dribble of news we understand that Suzuki treats its workers very badly. They are paid poorly, are expected to work long hours and have time allotted for everything from tea break to toilet break. The slightest deviation is fined. They also want workers to sign a good practice oath which bans all strikes. This is against Indian laws so why is the Congress siding with Suzuki? Mystery!

Thursday, October 13, 2011

Mr PD Dinakaran was Chief Justice of Karnataka High Court in 2009 when he was recommended for elevation to the Supreme Court by the collegium of judges who decide such things in great secret. The Bar Council objected to his appointment to the Supreme Court alleging acquiring property illegally and encroaching on government land so the then Chief Justice of the Supreme Court, Mr Balakrishnan, asked Mr Dinakaran to go on leave while the allegations were being investigated. Naturally Mr Dinakaran refused, following which he was transferred to Sikkim High Court as Chief Justice. The lawyers in Sikkim kicked up a fuss and the Rajya Sabha decided to take preliminary steps on a long process of impeaching him. Seeing matters becoming sticky Mr Dinakaran resigned his post complaining of being victimised because he is of a lower caste as if being lower caste is some sort of immunity against being punished for crime. Mr Balakrishnan, who has retired since then, has been appointed as Chairman of the National Human Rights Council as a sinecure and there have been reports of his family members acquiring public land at throw away pries. There has been a public outcry against him and calls for his resignation but, as usual, greed is far stronger than sharam or izzat so he has refused. On June 13, 1997 a film hall in Delhi called Uphaar went up in flames after a transformer exploded in the basement. Fifty nine people died and 100 were injured. Ansals, the owners of the hall were sued for lack of emergency exits. Today the Supreme Sourt awarded Rs 1 million for those over 20 years of age and 0.75 million for under 20s. Such are our justices.

Tuesday, October 11, 2011

The Service Sector Business Activity Index fell to 49.8 from 53.8 in September showing a contraction for the first time since April, 2009. TOI, October 6. Growth in the manufacturing sector has fallen to around 4%. Naturally employment is also falling. Direct tax collections grew by 6.7% as opposed to 17% expected in the budget. Fiscal deficit will be near 6% as opposed to a target of 4.2%. Lying politicians are quick to blame interest rate rises by the Reserve Bank for the stalling economy but even after raising interest rates 12 times inflation continues to be above 10%. The rupee has fallen from 42 to the dollar to near 50 which will also add to inflation. The RBI is at fault not for raising rates but for not raising them quickly enough and by a higher margin so as to bring inflation down sooner. Government policies are solely responsible for uncontrolled inflation. By increasing salaries of useless civil servants by 80%, wasting Rs 600 billion in forgiving loans to farmers and starting the MNREGA scheme which pays rural poor Rs 162 for 100 days a year for not working, to win the elections in 2009, deficit has gone out of control. Bad loans for banks are increasing and the enormous cash injection has caused inflation. Increasing salaries of civil servants has not cut down bribery but has instead increased their price leading to an explosion of black money as seen by the fairy tale property prices. To counteract the immense unpopularity of the Congress the inner gang is recommending a food security bill to cover 75% of the population. This can only lead to out of control deficit, fall in the rupee and further inflation. Disaster beckons. The Congress did it.

Monday, October 10, 2011

The semifinal match between Australia and South Africa at the Rugby World Cup in New Zealand was an amazing example of why Australian sport is so strong even though it has a population equal to Mumbai. From the first drop out the game was played in the Australian half and it seemed as though the Africans would win comfortably with a wide margin but the Australians had other ideas. They took the lead through an opportunistic try when captain James Horwill went through the SA line and then added a penalty to lead 8-0. Morne Steyn kicked a penalty and dropped a goal to bring the score to 8-6 and when he kicked a third penalty in the second half to take the South Africans ahead 9-8 it seemed that Australia would cave in. The Australians were exhausted at having to defend near their goal line phase after phase waiting for the Africans to make a handling error to get out of impossible situations but they hung in there. Finally on 72 minutes they were awarded a penalty near the right touch line which James O Connor converted. How such a young man kept his nerve with the hopes of his entire country riding on him is impossible to know but he did. Australia ran out winners 11-9, a low scoring game with just one try but nail biting in excitement. It was an exhibition of total commitment, self pride, immense physical fitness and discipline so as not to give away scoring opportunities. Compare that to our cricketers. A bunch of average abilities with bloated self esteem, physically unfit, putting money before country and enjoying parties before practice. Sporting life is short so there is not harm in making money Sadly they have no shame in losing.

Sunday, October 09, 2011

" Fascism " comes from the Italian word " Fascismo " ( 1915-20 ) which means rule by a group or party which is intolerant of any criticism and ruthlessly eliminates any opposition. Benito Mussolini started his fascist party in 1914 and members called themselves fascisti or fascists. Mafia likewise was established in Sicily between 1870 and 75 as a secret society to oppose the establishment. " Mafia " means courage or honor. A succession of prime ministers in Italy have been criminals. Bettino Craxi was convicted but managed to evade prison by fleeing to Tunisia where he died. Giulio Andreotti has been accused of many crimes including connection with the Mafia as well as the P2 Masonic Lodge but has managed to remain free. Berlusconi is still in power in spite of numerous charges of crime including connection to the Mafia, false accounting and bribery of public officials. He has used his wealth and his control of the media in Italy to become prime minister which then allowed him to change laws regarding statutes of limitations so as to escape justice. Anyone growing up in Italy would naturally be inclined to crime and fascist tendencies. A group of ministers has decided not to renew licenses of TV news channels if found guilty of 5 " violations " of conduct. These violations will be decided by criminal politicians and their thieving, parasitic civil servants. This is clearly a reaction to the coverage of public support of Anna Hazare's fast against corruption. The similarity between our government and the Italian one is obvious. A crime mafia and a fascist tendency to silence any criticism. The state is the enemy of the people.

Saturday, October 08, 2011

Lying for a small gain can result in a bigger loss. France and the UK managed to get UN Security Council support for acting to save civilians in Libya but used the resolution to actively help armed fighters by bombing Gaddafi soldiers and supporters. Sarkozy is to face reelection next year while Cameron desperately wants to be the next Margaret Thatcher but is an upper class, right wing despot. Gaddafi is gone but a resolution to impose sanctions on Syria was vetoed by both Russia and China. The Assads, father and son, are much more ruthless dictators than Gaddafi has ever been but there is nothing that western countries can do. Already more than 2000 protesters have been killed by armed forces in Syria, nothing compared to some 10000 killed in Hama by Hafez Al Assad in 1982, but many more may be killed if protesters take up arms. Bashar Al Assad has threatened to attack Israel if there is any NATO bombing in his country like there has been in Libya. Apparently he has said that he can transfer thousands of rockets to the Golan Heights within 3 hours from where he will attack Israel and will also ask Hezbollah in Lebanon to unleash there arsenal. Israel has never been in greater danger than at present. The Muslim Brotherhood is already influencing policy in Egypt and will shortly take power in Libya, Turkey is becoming increasingly Islamic, Palestinians have applied for membership of the UN which will be vetoed by the US increasing Arab fury and now Syria may become unstable with a possibility of an all out war. If Israel is in serious danger the US and NATO may become involved. Sadly small men will always try to act big.

Friday, October 07, 2011

Delhi International Airport ltd, a consortium which has a 30 year contract to run the airport, is facing a loss of Rs 8.25 billion because passengers refuse to pay its high charges for developing the airport. HT, October 3. No fault of the passengers. Ticket prices are already very high because of extortionate taxes levied by a rapacious government to fund its immoral waste. Taxes are calculated on " normal " ticket prices charged by regular airlines which means that a low cost airline loses its advantage. Thus a ticket of Rs 100 could end up costing more than Rs 3000 making it much cheaper to take a train. Deccan Airlines went out of business and now Kingfisher is closing its low cost arm. With ticket prices already so high it is not surprising that passengers resent paying even more for development costs. The same reasons apply to electricity rates in Delhi. The private companies are being forced to pay over Rs 10 billion to the government controlled company in charge of transmission lines. There was so much money looted during the Commonwealth Games that there is a canyon sized hole to fill. The people, already reeling from double digit inflation, are being squeezed to death. One reason the RBI is unable to control inflation is because of indiscriminate spending by the Congress led central government on " social schemes " which are looted to finance election expenses. Next year several important states, including UP, will be electing new assemblies which means vast sums of black money are required. In his Dussehra wishes our most revered Finance Minister " hopes " that prices will come down. Which means he has no clue. Scary, what?

Thursday, October 06, 2011

The combination of very high inflation, ever increasing taxes and high interest rates are beginning to take their toll. Manufacturing is contracting and the rupee is dropping against the dollar. This raises import costs and further worsens inflation. The fall of the rupee has frightened foreign investors into selling stocks because their returns, after conversion to dollar, decreases with the falling value of the rupee. According to RBI officials the government may need to borrow an extra Rs 1 trillion to meet its spending needs. This is not stopping criminal politicians from junkets abroad. Increasing taxes will just add to inflation and stop consumer spending which is dropping anyway. The State Bank of India, the largest bank in India, was downgraded by Moody's forcing an injection Rs 80 billion by a clueless, panicking finance ministry. Next month India's sovereign rating comes up for review terrifying the government. Any downgrade will raise borrowing costs for Indian companies cutting profit margins. In an effort to support the equity market finance officials are thinking of reducing Securities Transaction Tax and allowing individual foreigners to buy Indian shares. That would be dangerous. Indian companies indulge in false accounting, diversion of funds for personal use, insider trading, under and over invoicing, rampant bribery and other criminal acts. Foreign shareholders could file cases in foreign courts where trials will be speedy and sentences heavy. We could see most of our industrialists in foreign prisons. The economy is on quicksand. But, no worries. With the world's Most Famous Economist in charge we are safe. Are we?

Tuesday, October 04, 2011

As expected Amanda Knox, a US citizen fondly known as " Foxy Knoxy " to her loving friends, walked free from a Peruggia court in Italy where she had been in prison charged with the murder of a British girl, Meredith Kircher. No big deal. Americans can commit the most disgusting crimes anywhere in the world and depend on the US government to bully the host country into freeing them. Last week 2 US men were freed from Iran where they were charged with spying. They just happened to be " hiking " along the Iraq-Iran border, no doubt taking numerous photos of natural beauty such as Iranian defensive positions. Before that Raymond Davies murdered 2 Pakistanis in cold blood and was suddenly transformed into a " diplomat " after the incident. Pakistan was forced to free him. Half a million Iraqi deaths are dismissed as " collateral damage ", as if they are inanimate objects. We have heard of US pilots laughing as they were hunting innocent Iraqi civilians, killing a Reuters journalist in the process, courtesy of Wikileaks. To further humiliate their victims and trivialise their deaths the US even bestows humerous names on their weapons. A hydrogen bomb was named " Fat Boy ". We will never know how many Japanese died laughing. Then there was Agent Orange whose juice is still producing deformed and dead babies in Vietnam some 30 years later. Yet Afia Siddiqui, a Pakistani doctor was abducted from Afghanistan by US invaders and sentenced to 36 years in prison for " trying " to kill Americans. Surely, every person has a God given right to kill invaders. The US should seriously consider. Revenge could last centuries.

Sunday, October 02, 2011

The Municipal Corporation of Delhi has demanded Rs 100,000 from owners of apartments in housing societies because it has no money. It has also decided to levy taxes on social structures such as guard houses, swimming pools and community centers, essential for a healthy society, inside these societies. HT, October 2. The Delhi government has been increasing taxes on every service in the city no matter how poor they are. Electricity charges are becoming unaffordable. The reason for the desperate finances stem from the gigantic larceny that took place during the Commonwealth Games. Citizens of Delhi are having to pay for the loot by thieving civil servants and criminal politicians. However, there is money for half page ads in every newspaper with photos of Mrs Sonia Gandhi, Mr Manmohan Singh and the minister in charge of the relevant ministry publishing the ads with public money. Clearly political advertisement of the dirtiest kind. The answer to the financial problems of the MCD is simple. Get rid of the MCD, the NDMC and the state government of Delhi. Vast sums of money will be saved on the salaries of legions of useless, parasitic civil servants and the expenses of criminal politicians and even more on bribes that we have to pay. Delhi can be run by a small number of elected officials who will outsource public services and impose strict quality control and impose severe fines for negligence of service. In fact, get rid of all state governments and municipalities and divide the country into 700 districts which will be run by the people living there who will answer to there communities. First, there was Bapu. Now there is the Capo. And the Wide Receiver.