Thursday, May 28, 2009

The Economy’s Search for a “New Normal”

The Economy’s Search for a “New Normal”

Shamus Cooke

For example, households are rapidly getting rid of expenses they can no longer afford, due to either joblessness, low wages or lack of credit. They are thus saving more than they are spending. For an economy that depends on 70 percent consumer spending, this is a huge problem, not only for the US, but for the world as well, since many countries constructed their economies as export machines directed towards US consumers.

Is this problem likely to go away anytime soon? Probably not. The recession is creating such dramatic effects on so many people that the consuming culture is being changed, much like what happened after the Great Depression. The New York Times notes:
“...forces that enabled and even egged on consumers to save less and spend more - easy credit and skyrocketing asset values - could be permanently altered [!] by the financial crisis that spun the economy into recession.” (May 9, 2009)

If the US consumer can no longer be the driving force of the economy, what will replace it? The elitist Economist magazine offered a cure: because consumer spending will be debilitated, “something else will have to grow more quickly. Ideally that would be exports and investment.” (May 6, 2009)

Why security must top the government's agenda

Why security must top the government's agenda

Colonel (Dr) Anil Athale (retd)

The build-up of military power takes time and cannot be created in an emergency. The process has to be medium to long term. As the official historian of the 1962 India-China border war, one is reminded of an incident.

The Indian Army the Chinese in 1962 with First World War vintage Lee Enfield bolt action rifles, the kind our policemen continue to carry to date! The army's request for automatic rifles was stuck in the red tape and government apathy.

Nobody told the babus and the netas that the induction of a new weapon takes at least a year or two to train the men in handling it. All that we ended up doing was to gift brand new rifles to the Chinese.

If we do not anticipate and prepare before the threat manifests, we may well end up like in 1962. Many political commentators have been hailing Dr Manmohan Singh only the second prime minister after Pandit Jawaharlal Nehru to have got re-elected after a full term like Nehru in 1962. But come October 1962, and the Chinese attacked us. Nehru was never the same again.

While the prime minister basks in glory of being only second after Nehru, this is a useful reminder of the pitfalls of neglecting security.

राहुल के युवा चेहरों का गणित..!!

राहुल के युवा चेहरों का गणित..!!

हम और आप कभी नहीं हो सकते इन युवा चेहरों में

और राहुल गाँधी भी नहीं दिखे क्योंकि वे सीधे ही प्रधानमंत्री बनेंगे....क्योंकि गाँधी परिवार में किसी को भी प्रधानमंत्री से नीचे का पद सक्रिय राजनीति में स्वीकार नहीं है। अगर विश्वास ना हो तो खुद जाँच कर देख लीजिए।

राहुल पिछले पाँच सालों की तरह इस बार भी संगठन को मजबूत करने का कार्य करेंगे। हाँ अगर इस बार मनमोहन सिंह को कुछ हो गया (भगवान ऐसा ना करे लेकिन उनकी बायपास सर्जरी हुई है इसलिए कह दिया) तो राहुल इसी टर्म में प्रधानमंत्री बन सकते हैं।

राहुल के करीबी युवाओं के बारे में यूँ तो मैं बहुत कुछ जानता हूँ लेकिन थोड़े में बस इतना ही बताना चाहता हूँ कि राहुल की किचन कैबीनेट में या कांग्रेस के मंत्रिमंडल में हम और आप जैसों के लिए कोई जगह नहीं है। वहाँ एक भी ऐसा चेहरा नहीं है जो अपनी दम पर वहाँ पहुँचा हो। सब के सब बाप कमाई पर वहाँ राष्ट्रपति के बगल में खड़े होकर शपथ पढ़ रहे थे। मुझे इस आँकड़ें पर भी गहन क्षोभ हुआ कि इस बार आधे से ज्यादा सांसद करोड़पति हैं और युवा चेहरे तो सभी करोड़पति हैं।

....और अगर आपके पास यह सब नहीं है तो माफ कीजिए, लाइन में से हट जाइए, और थोड़ी सी हवा आने दीजिए....।

Argentina: The superpower that never was

Argentina: The superpower that never was

By Alan Beattie

A short century ago the US and Argentina were rivals. Both were riding the first wave of globalisation at the turn of the 20th century. Both were young, dynamic nations with fertile farmlands and confident exporters. Both brought the beef of the New World to the tables of their European colonial forebears. Before the Great Depression of the 1930s, Argentina was among the 10 richest economies in the world.

A hundred years later there was no choice at all. One had gone on to be among the most successful economies ever. The other was a broken husk.

There was no individual event at which Argentina’s path was set on a permanent divergence from that of the United States of America. But there was a series of mistakes and missteps that fit a general pattern. The countries were dealt quite similar hands but played them very differently.

On the face of it the economies of the two countries also looked similar: agrarian nations pushing settlement westwards into a wilderness of temperate grasslands. In both nations, the frontier rancher – the gaucho and the cowboy – was elevated into a national symbol of courage and ­independence. But there were big disparities in the way this happened. America chose a path that parcelled out new land to individuals and families; Argentina delivered it into the hands of a few rich landowners.

Immigrants came to Argentina as well, but they came later and with fewer skills – largely low-skilled Italians and Irish. In 1914, a third of Argentina’s population was still illiterate. America imported the special forces of British agriculture, and in addition a large number of literate, skilled workers in cloth and other manufactures. Meanwhile, Argentina had more land than it could efficiently work. But it was well into the 20th century before the rot in the foundations was apparent.

Economies rarely get rich on agriculture alone and ­Britain had shown the world the next stage, industrialisation. ­America grasped that building a manufacturing industry would allow it to benefit from better technologies, while trying to squeeze a little more grain out of the same fields would not. It was not as if Argentina consciously rejected the same course. It could scarcely avoid growing its own manufacturing industry. But when industrialisation did come, prevailing prejudices ensured it was limited and late. Argentina’s elites saw no ­reason to risk their status and livelihoods in the fickle new sphere and anyway there were not enough new workers to fill the factories. Argentina brought the same tendencies that it had to the ossified agricultural sector, ­preferring cosy, safe monopolies to the brutal riskiness of competition. Its wellbeing rested on farm prices holding their own against the prices of manufactured goods, and on global markets remaining open.

All in all, it would be wise to keep betting on the US finding the right way out of the financial crisis and Argentina continuing to harm itself. Of the two great hopes of the western ­hemisphere in the late 19th century, one succeeded and the other stalled in the 20th. It was history and choice, not fate, that determined which became which. It is history and choice that will determine which is which in a century’s time.

कार्टून:- राहुल ने क्यों सीखी हैं मुक्केबाजी टिप्स....

कार्टून:- राहुल ने क्यों सीखी हैं मुक्केबाजी टिप्स....



A Congratulatory letter to Mr.Pramod Muthalik,

Mr.Muthalik, you hit the target given to you perfectly if one has to believe the Pseudo intellectuals and ‘B’ Team media outfits in our country. They are saying one of the reasons why BJP failed in the General election is because of Shri Ram Sene.

I have a question to ask you Mr.Muthalik , where you got vanished just after the election?

If at all you are concerned of erosion of our cultural values, Instead of going after those “innocent” pub loving girls you could have done certain social empowerment like literacy, helping the under privileged offering them some kind of social assistance, fight against social devils like consumption of liquor, tobacco products like Gutkha etc, helping the Govt. to improve the sanitation facilities in places, there are many you could participate with.


  • Official statistics says almost 60000 temples are being demolished between 1000-1900 AD. Even today that is happening in Cambodia,Indonasia,Afghanistan,Bangladesh, Malaysia. Cambodia was a Hindu dominated nation, today people are forcefully converted to other religions there. elsewhere in asia ,even in India the same thing is happening. Anti social Evangelical organizations in India funded by missionaries across Europe and America is actively involved in forcefull conversion in India. No Media wants to discuss that, No politicians wants to talk about that.

28th May - Veer Savarkar Jayanti

28th May - Veer Savarkar Jayanti

from Rightwing Rumblings by Raj Karsewak

"Hinduize Politics and Militarize Hindus "




-- Veer Savarkar

Veer Savarkar - A legend

The first political leader to daringly set Absolute Political Independence as India's goal (1900).
The first Indian political leader to daringly perform a bonfire of foreign (English) clothes (1905).

The first Indian to organize a revolutionary movement for India's Independence on an international level (1906).

The first graduate whose degree was withdrawn by an Indian University for striving for India's freedom (1911).

The first poet in the world who, deprived of pen and paper, composed his poems and then wrote them on the prison walls with thorns and nails, memorized ten thousand lines of his poetry for years and later transmitted them to India through his fellow-prisoners who also memorized these lines.

The first revolutionary leader who within less than 10 years gave a death-blow to the practice of untouchability in the remote district of Ratnagiri while being interned there.

The first political prisoner in the world who was sentenced to Transportation for Life twice, a sentence unparalled in the history of the British Empire.

The first political leader to embrace death voluntarily by way of Atma Samarpan in the highest tradition of Yoga (1966).



from COMMON SENSE SIMPLIFIED by Prasoon S Majumdar

TV channels telecast more ads than actual content!!

The new rules now reads as “…no programme shall carry advertisements exceeding twelve minutes per hour…”. Even after such staunch regulation (obviously on papers), the channels don't hesitate to show an average 20 minute (33 per cent) of advertisement per hour on regular basis, proves reports by TAM Media Research.

However, the scenario worldwide is quite converse. In US, a typical 30-minute block of time now includes 22 minutes of programming and only 8 minutes of commercial. EU has went a step further and limits the commercial breaks to 12 minutes per hour with a minimum segment length of 20 or 30 minutes, thus to maintain the continuity of the telecast. While BBC doesn't generally air advertisement in UK, same can be iterated for Asian countries.

Remote Controlling EVM – Manufacturing Election Result

Remote Controlling EVM – Manufacturing Election Result

Senthilraja’s blog

A realistic Perspective of the Mass EVM Fraud:

Insertion of Trojan:

Many people claim that this possibility is low, as the number of persons involved in this process would be high, and that there are possibilities that it might be leaked out. While their point is valid, we can also consider the sivaganga constituency, where the result is changed at the last minute, but the news has been completely blocked. So, even if there is more number of people involved, the news might be prevented from leaking out.

Embedding of Minute Wireless Transmitter/ Receiver in EVM Chip:

news is about a HP chip, that stores 100’s of pages, and transmitts them via wireless, using bluetooth or other Radio Frequency.
And can you believe the size of that chip?
So, its entirely possible to embed such a wireless transmitter/receiver inside the control circuit of the EVM’s, and they can be controlled from any part of the world.

How the EVMs Could have been manipulated through remote control:

Can such a wireless component be detected or traced?
The wireless componenet in a chip, cannot be detected, unless, it transmits or emits signals. The Chip might have been programmed to transmit data only upon receiving certain command through specific frequency. In this case, the receiver component might be in listen mode, waiting for a particular command, known only to a core expert group. So, in a normal circumstance, this wireless component will be in hidden mode.

Can the architecture of the CHIP be verified?

What the political Parties (Mainly the opposition parties) can do now?

50000 and growing!

50000 and growing!

You will be happy to know that the biggest online group for RSS has crossed a milestone of 50000 online members

While members have constructive discussions on many topics, few important among them are Sangh related news, Media bias against hindu cause, religion, politics and terrorism. The group has also worked on many ground level projects.

You can join the group here: -

Locating BJP's ideology

Locating BJP's ideology

from Agent Provocateur by Kanchan Gupta

10. The issue really is not one of the BJP 'revisiting' its ideology or revising it; it is of internalising that which it lists as its 'philosophy' and extrapolating from it. To jettison either or both would be to give up its distincitve identity, of which some still remains, and become just another party hankering for power, a clone of the Congress but minus its inherent strengths.

By the way, the revamped and redesigned BJP Website has dropped a key feature of the old Website. There used to be an icon on the side-bar by clicking on which you could hear the full version of Vande Mataram. Since those who are responsible forrevamping and redesigning the Website are also the brains behind the mission to 'secularise' the BJP, I can only assume that it was a considered decision to distance the BJP from Vande Mataram and disown the National Song as being part of its identity.

Interestingly, although perhaps not coincidentally, the redesigned RSS Website has also dropped Vande Mataram. I guess nationalism, Hindu, cultural or any which way, is no longer a dirty word only for the 'secularists' but also for our so-called 'nationalists'.