For a large majority of us it is difficult to understand the intricacies of the American Capitalism, bankruptcy and phenomenal rise in heavy financing based Real Estate development in spite of the fact that large no. of authors are trying to educate us through different websites by presenting their analysis of the causes and the anticipated result (of failure) of bail out plan. What it has for us or where is a lesson to learn for us because our Finance Managers are using the carbon copy of the same philosophy and the same system. Read the msg by Ashok Sharma. It might help.
A Worried Civil Society!
Posted by: "~Ashok" lama1126in@yahoo.co.in lama1126in
Fri Oct 3, 2008 7:49 pm (PDT)
A Worried Civil Society!
Imagine a living being from planet Mars watching the affairs on earth!
A scene may open when one may find human race on planet earth in grip of appalling fear and uncertainty turning sides on the bed in the dead of the night while it is time to sleep. Such a plight today that has almost reached us, is of our own making and we must first blame solely ourselves and none else for our gross neglect for we trusted our government and our leaders too much and always allowed them to follow whatever path they adopted.
The breakdown of our structures is a result of following a wrong thinking, tamely following the devilish greed ridden capitalism and a system that was never adequate to ensure that we would be able to sustain it long.
True that we never wished such a day to knock us down but we have always allowed those of our leaders with mischievous plans to take over all that belongs to us. Our good Future ! Our dreams and hopes for a better kind of life for we all Indians stand shattered today. Looking at the demise of American Economy, we in fact are witnessing the crop that we have sown ourselves by allowing our corrupt leaders to take entire control of our lives.
Have we awakened now from sleepwalk? Do we realize in what harrowing times we are entering? Our Government would still keep saying that India is a Tiger Economy on rise ready to take place vacated by the Richest of the World Superpower America! True to their habit, they would keep strutting before the Media and on the TV cameras saying that we are just a whisker behind the Dragon Economy of China and this Economic slowdown…Global recession will not much impact on Indian Economy…. And a dozen new crap stories would follow.
Question is: Shall we still continue to believe our leaders and further allow them to do whatever they wish to do in matters that concern us all?
Is not now the time to Rise Up and confront our controllers? Now is the time to break-away from the shackles and remove the veil that we never could remove in the past.
Those who can recall my concerns the writing was long since on the wall. Events are changing so fast that we have difficulty in seeing the total picture. These changes are changing the very foundations of our society. For me it is a welcome change because at the core of this Chaos lies a solution to many of our problems. It is an opportunity we should not miss. The Great changes are around. We must now move forward and also inform all others who have little or no knowledge of what all is happening with our Global Society! Even now the scoundrels in our Government may come up with more dubious plans but we need to remain aware of the dirty game plans they have and we must collectively resolve to tear their plans and crush all their bad moves that are self-centered and have no regard to the problems they cause to over a billions of us.
If Indian businesses have not yet felt the heat of the flames from the burning Effigy of American Capitalism, it may just be a matter of days and not weeks. Industrial productivity, cuts in imports, more excise and import tax duties, confrontations with WTO, liquidity crunch, Government's drama of lowering of taxes and borrowing interest rates, incentives on deposits, hollow claims of easy lending to Industry and business, heavy burden of mounting daily debt of billions of dollars oil payments and due repayable debts and accured interests on repayable debts would make the things difficult for many in India. Unfortunately, the troubled most would be our daily wage earners and lowest income group who are already feeling the scorching heat of buying tomatoes at 40 rupees a kg which middle income or the rich would just don't care to bother. Strange like US our government has no control over the prices of daily use simple items as if the Government is
sold out even to street vegetable sellers!
We have a chance today to correct our basics and create sustainable communities if we do not wish to follow the fate of America, which in my view, is all staged to achieve more controls by staging fall of dollar, go on to merge Canada, Mexico and US with one Currency in pipeline AMERO that is bound to pick up as future scenes are enacted.
We in India must understand the importance of this great opportunity that has opened before us as the Statue of Corruption is melting before our very own eyes and those who have been plundering our wealth and playing with public money are facing a showdown in every structure that they erected around them to stay in power. What they would fear most is the power of common man ! Let us lead our country on correct path now..!
Imagine a living being from planet Mars watching the affairs on earth!
A scene may open when one may find human race on planet earth in grip of appalling fear and uncertainty turning sides on the bed in the dead of the night while it is time to sleep. Such a plight today that has almost reached us, is of our own making and we must first blame solely ourselves and none else for our gross neglect for we trusted our government and our leaders too much and always allowed them to follow whatever path they adopted.
The breakdown of our structures is a result of following a wrong thinking, tamely following the devilish greed ridden capitalism and a system that was never adequate to ensure that we would be able to sustain it long.
True that we never wished such a day to knock us down but we have always allowed those of our leaders with mischievous plans to take over all that belongs to us. Our good Future ! Our dreams and hopes for a better kind of life for we all Indians stand shattered today. Looking at the demise of American Economy, we in fact are witnessing the crop that we have sown ourselves by allowing our corrupt leaders to take entire control of our lives.
Have we awakened now from sleepwalk? Do we realize in what harrowing times we are entering? Our Government would still keep saying that India is a Tiger Economy on rise ready to take place vacated by the Richest of the World Superpower America! True to their habit, they would keep strutting before the Media and on the TV cameras saying that we are just a whisker behind the Dragon Economy of China and this Economic slowdown…Global recession will not much impact on Indian Economy…. And a dozen new crap stories would follow.
Question is: Shall we still continue to believe our leaders and further allow them to do whatever they wish to do in matters that concern us all?
Is not now the time to Rise Up and confront our controllers? Now is the time to break-away from the shackles and remove the veil that we never could remove in the past.
Those who can recall my concerns the writing was long since on the wall. Events are changing so fast that we have difficulty in seeing the total picture. These changes are changing the very foundations of our society. For me it is a welcome change because at the core of this Chaos lies a solution to many of our problems. It is an opportunity we should not miss. The Great changes are around. We must now move forward and also inform all others who have little or no knowledge of what all is happening with our Global Society! Even now the scoundrels in our Government may come up with more dubious plans but we need to remain aware of the dirty game plans they have and we must collectively resolve to tear their plans and crush all their bad moves that are self-centered and have no regard to the problems they cause to over a billions of us.
If Indian businesses have not yet felt the heat of the flames from the burning Effigy of American Capitalism, it may just be a matter of days and not weeks. Industrial productivity, cuts in imports, more excise and import tax duties, confrontations with WTO, liquidity crunch, Government's drama of lowering of taxes and borrowing interest rates, incentives on deposits, hollow claims of easy lending to Industry and business, heavy burden of mounting daily debt of billions of dollars oil payments and due repayable debts and accured interests on repayable debts would make the things difficult for many in India. Unfortunately, the troubled most would be our daily wage earners and lowest income group who are already feeling the scorching heat of buying tomatoes at 40 rupees a kg which middle income or the rich would just don't care to bother. Strange like US our government has no control over the prices of daily use simple items as if the Government is
sold out even to street vegetable sellers!
We have a chance today to correct our basics and create sustainable communities if we do not wish to follow the fate of America, which in my view, is all staged to achieve more controls by staging fall of dollar, go on to merge Canada, Mexico and US with one Currency in pipeline AMERO that is bound to pick up as future scenes are enacted.
We in India must understand the importance of this great opportunity that has opened before us as the Statue of Corruption is melting before our very own eyes and those who have been plundering our wealth and playing with public money are facing a showdown in every structure that they erected around them to stay in power. What they would fear most is the power of common man ! Let us lead our country on correct path now..!
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