Thursday, February 10, 2011

Major Sandeep’s town in shock

Major Sandeep’s town in shock

After all Mohanan is a Hindu. So, who cares whether he immolates himself. Can you imagine what would have happened if it was a Muslim or Christian or even a Dalit doing this in the place of Mohanan, a higher caste Hindu? All the media, politicians and the beurocrats do not care if something happens to Hindus. This situation can change only if Hindus become united irrespective of their political affiliations. Will it ever happen?

ISLAMIC TERROR SPOUTING JOURNALIST CALLED AZIZ BURNEY

ISLAMIC TERROR SPOUTING JOURNALIST CALLED AZIZ BURNEY: "


V. SUNDARAM I.A.S




Dr Manmohan Singh Aziz Burney

Group Editor Sahara Publications

United we stand with “Secular” fervour for

Islamization of India and against its RSS Saffron Defenders.

An anti-National and virulently anti-Hindu traitor called Aziz Burney is the Group Editor of Sahara Publications like Roznama Rashtriya Sahara (Daily) Bazm-e-Sahara (Monthly) Aalmi Sahara (Weekly). But he derives his inspiration and strength from his intimate and close political friendship with our Islam embracing Dr. Manmohan Singh, the MOST CORRUPT PRIME MINISTER of India and the GREATEST FACILITATOR, PROMOTER, PROTECTOR, FRIEND AND COMRADE-IN-ARMS OF THE MOST STINKING OF ALL SCAMS AND SCAMSTERS, not only within his odious and odoriferous Government but in the wider world in India and abroad.

I am not making any irresponsible statement here! Aziz Burney, a shining symbol of “Islamic compassion” and “Global Islamic Brotherhood” formed part of the official delegation led by INDIA’S ONLY UNELECTED PRIME MINISTER Dr Manmohan Singh when he visited France and Egypt in 2009. This great Pakistan-embracing journalist Aziz Burney had alleged in one of his articles that the Indian Army was responsible for 26/11 Mumbai Islamic terrorist attack in 2008. He has been persistently carrying on a strident anti-national Islamist propaganda through his venom-spitting articles against the Indian Government, Indian Army and the Hindus of India.








Aziz Burney in symbolic action spitting his anti-RSS venom!



Government of India would view this as a “secular” act and a striking symbol of expression of “Minority Rights”


Aziz Burney has also been virulently vocal IN HIS VITUPERATIVE MULLAH ASSERTION that the RSS was also responsible for the 26/11 terrorist attack in Mumbai in 2008. The Ministry of Home Affairs, Government of India, the Prime Minister’s Office, RAW, Intelligence Bureau, had no official objection whatsoever to the Prime Minister taking this known Islamic terrorist Aziz Burney as the “Secular non-Communal” part of his Official Entourage! So much for our “distinguished”, “honest”, “innocent”, “cosmopolitan” and “secular” Prime Minister!!






Aziz Burney feted by the Prime Minister Dr Manmohan Singh

I have read innumerable articles written by Aziz Burney who has castigated the RSS Swayamsevaks as Hindu terrorists and attacked the RSS as a Hindu terrorist organisation. No wonder he is a bosom friend of Pa(kistani!) Chidambaram, the political criminal inventor of “Saffron terrorism”.

In the early part of the year 2009, this “noble and compassionate Muslim” (testimonial given by Sonia Gandhi, Rahul Gandhi, Chidambaram, Digvijay Singh and other terrorism Islam-embracing CONgressmen) wrote an article in which he said that the ATS chief Hemant Karkare, who lost his life in the terrorists’ attack on Mumbai in November 2009, was killed by the Indian Army. He had also alleged that RSS and Gujarat Chief Minister Narendra Modi were involved in this terrorist attack on Mumbai. Was not Aziz Burney guilty of treason? For anti-National writers like Aziz Burney only the ISI in Pakistan stands for ‘Global Peace and Tranquility’! For journalistic gangsters like him, only the RSS is a terrorist organization and not Allah’s own SIMI.


In August 2009, Aziz Burney was dragged into a Session’s Court in Mumbai for publishing anti-India articles in his Sahara Group Publications. That case is still going on in that Court.

That case against Aziz Burney was filed by Shri Vinay Joshi, a social worker from Mumbai. On that occasion, Shri Joshi had said, “Burney is always writing against the security system, secret agencies and foreign Ministry of this country. Therefore, we have filed a case against such writings. We have also made a demand to book Burney under MCOCA or National Security Act and to take necessary action against him.” The advocate of Shri. Joshi had stated that the case against Burney had been filed under clauses 121, 107, 108, 117, 124(A), 153 (A)(B), 502 (2) and 506 of the Indian Penal Code.

(Courtesy http://www.hindujagruti.org/news/7598.html) So Much for the exemplary Credentials of Aziz Burney!

Digvijay Singh, the greatest dhimmi Congress “secular Hindu” champion of Islamic terrorism against the Hindus of India and a sworn enemy of Bharat Mata, is a true and committed disciple of Aziz Burney. He has mortgaged his mind, heart and soul in perpetuity to the Italian Firangi Memsahib Sonia Gandhi and as directed by her, with threat of fearsome consequences, from time to time, he willingly takes his hate-filled lessons relating to anti-RSS and anti-Hindu Islamic terrorism from the venomous jihadi personage of Aziz Burney.

Digvijay Singh, a friend and comrade-in-arms of Aziz Burney in all his Islamic terrorism activities, enjoying the full informal official support of the Government of India and the full political support of the Firangi Memsahib Sonia Gandhi, released a book provocatively titled ‘RSS ka Shadyantra, 26/11 (RSS conspiracy, 26/11)’ authored by Aziz Burney at a public function in New Delhi on 6th December 2010. I am presenting below the photograph of Digvijay Singh releasing this jihadi terrorist propaganda book authored by Aziz Burney on that ‘truly Islamic and patently anti-Hindu occasion’.



Islamist Aziz Burney (2nd from Left) and Dhimmi Digvijay Singh (3rd from Right)

Releasing the anti-Hindu, anti-national book authored by Aziz Burney, Dhimmi Digvijay Singh declared with devilish “secular” delight that the Mumbai ATS chief Hemant Karkare had called him, hours before he was killed in the terror attacks during 26/11, to tell him about threats he had received for probing Hindu extremists and their terror links with the RSS.

What is the background for Aziz Burney’s book released by Dhimmi Digvijay Singh on 6th December 2010? IN MY VIEW THE VERY PAKISTANI ISLAMIST FORCES WHICH WERE BEHIND THE TERRORIST 26/11 ATTACKS HAVE ALSO BEEN THE GUIDING FACTORS BEHIND THE PUBLICATION OF AZIZ BURNEY’S BOOK ‘RSS ka Shadyantra, 26/11 (RSS conspiracy, 26/11)’.

Digvijay Singh is an inseparable part of this anti-national initiative of Aziz Burney. Digvijay Singh has willingly and voluntarily made the continuous and never ending anti-Indian, anti-Hindu and anti-RSS work of the ISI and the Government of Pakistan his own! If he goes on in this vein, I have no doubt that the Government of Pakistan will award him with their Highest Civilian Award, the Nishaan-e-Pakistan for Jihadi anti-RSS and anti-Hindu propaganda rendered effectively behind the (Indian) enemy lines!!! Earlier, on 19th May 1990, MORARJI DESAI got this award for betraying to General Zia ul Haq, the RAW agents in Pakistan who were working for India. This Namak-Haraami (the best Hindi term for traitor) was given the title Bharat Ratna (India’s equivalent for Pakistan’s Nishaan-e-Pakistan), in 1991.

For more than two years after the Mumbai attacks on 26/11/2008, Aziz Burney has been mischievously presenting what he calls an “alternative” picture through a series of more than 100 Islamic terrorist propaganda articles, which finally culminated in the publication and release of his traitorous book on 6th December 2010. (For Photograph see above)



I have already referred above to the lawsuit that has been filed against Aziz Burney in a Navi Mumbai Court by a great social activist Shri V.V Joshi, for publishing ‘unsubstantiated, false, derogatory and malicious reports’ in Roznama Rashtriya Sahara about 26/11 Mumbai terror attacks. This case was filed on behalf of his client V.V. Joshi by Advocate Prashant Maggu in the Court of Chief Judicial Magistrate of Navi Mumbai on August 7, 2009 under IPC Sections of 121,108,107,117,124(A),153(A),153(B),505(2) and 506. The lawsuit said that after 26/11 Mumbai Terror attack Roznama Rashtriya Sahara had been consistently publishing the reports of RSS involvement in the attack. Shri V.V Joshi stated in his petition that the writings of Aziz Burney were running counter to and completely contradicting the Official Statements made by External Affairs Ministry as well as Union Home Ministry and Mumbai Police regarding total Pakistani involvement in the 26/11 Mumbai Islamic terrorist attacks of 2008.

The case is still going on in the Navi Mumbai Court. It is understood that the Police have completed their investigation and that there is every possibility of a non-bailable arrest warrant being issued against Aziz Burney, the unabashed champion of Islamic terrorism in India. In this new unfolding situation for the sworn enemy of the citizens of India, it has been reported that Aziz Burney has expressed an al taqquiya apology on the front-page of both the Hindi and Urdu editions of Rashtriya Sahara. The apology is titled “Aziz Burney ki taraf se safaai aur maafi” (A clarification and apology from Burney).



Aziz Burney talking to a journalist Mumtaz Alam Falahi of twoCircles.net has said: “I have never said the RSS is involved in the November 2008 Mumbai terror attack. After all, I just expressed my doubt about the RSS, against which organization the slain ATS chief Hemant Karkare was investigating in connection with the Malegaon September 2008 blasts. I never said Pakistan is not involved in the attack.”

I am giving below the text of the original email apology from Aziz Burney to VV. Joshi dated 28th January 2011.


Date: 28 January 2011 21:45


Subject: Letter for apology

To: Vinay Joshi murdikar@gmail.com


“Dear Mr. Vinay Joshi,


Since last two years I am writing various articles regarding 26/11 Mumbai terror attack. You had filed court suit against me and Sahara Publications in Navi Mumbai court for my articles regarding Mumbai attack. I never wrote anything to deliberately hurt the feelings of anyone. But if you are disturbed or hurt due to any article or anything I quoted in my article, then I am extremely sorry for this. Hope you would accept my apology.


Also I am requesting you for the immediate withdrawal of court case filed against me in Navi Mumbai court, as it is creating professional difficulties for me and I cannot afford to bear cost of litigation. I never intended to target India’s security apparatus and any patriotic organisation working in India. but if there are any references made in my articles by mistake then I am really sorry for that. I assure you that I will not write anything in future that may hurt anyone and I will take utmost care for the same. Expecting quick withdrawal of court case once again.”

I am calling the above apology of Aziz Burney, a typical Al Taqquiya act of dissimulation and deception practiced by him in the best traditions of Islam. My discerning readers would note that this radical Islamist Aziz Burney has not withdrawn his seditious book from circulation! It is only the really impending threat of being locked up in jail for a long time that has made this Islamic bully come out with the pretension of offering an apology to V.V Joshi. I am heartened by the tough stand taken by V.V Joshi who has openly declared that he has no intention of withdrawing his criminal case of sedition against Aziz Burney filed in a Navi Mumbai Court. Our Nation is proud of the fact that V.V Joshi has seen through the Al Taqquiya deception and fraud by Aziz Burney.

Further the stinking political scoundrelism of this Islamist Aziz Burney, cast in the mould of a Jinnah or a Suhrawardy of Calcutta “Direct Action” fame, came to the fore when he exclaimed: If my views are so annoying for RSS then why L K Advani invited me to speak in a program three days ago in New Delhi where the Urdu translation of his book “My Life My Country” was released. If my views are so disturbing for the Government of India then Prime Minister Dr Manmohan Singh should not have taken me on his trip to France and Egypt recently. This open threat packaged in the form of an innocuous observation is enough to qualify him for the Award of Padma Vibhushan, (if he is unlucky to miss the Bharat Ratna Award) for Promotion of Communal Harmony on 25th January 2012! Government of India would hail him as the Maulana Azad of today!


Aziz Burney and Digvijay Singh are the two sides of the same Islamic coin of Congress Secular terror against the Hindus of India. Digvijay Singh and Rahul Gandhi are the two sides of the Congress in-house “Secular” terror against the Hindus of India. Did not Rahul Gandhi tell the former American Ambassador that India faces a greater threat from “Saffron Hindu terrorism” than the ISI-sponsored Jihadi Islamic terrorism? Did not Rahul Gandhi contend that that the RSS and the now-banned Islamic terrorist organization SIMI are the two sides of the same coin?


The RSS has fired it’s salvo of confrontation against this scurrilously anti-Hindu, anti-RSS and anti-Indian Islamic journalist Aziz Burney. This will be clear from the following story in Hindi which appeared in the popular Hindi newspaper called JANSATTA’ on 30th December 2010:




See above the article in Hindi on the Morcha launched by RSS against Aziz Burney for his baseless attacks through his articles on the non-existent and fictitious terrorism of the RSS.

Finally, I am presenting below the front cover of a book published by the Islamic marauder Aziz Burney. The cover page itself and the title bring out the venomous diatribe that this Islamic traitor is launching against India.






Bharat Main Musalmanoun Ka Wahsheeyana Qatal-e-Aam Almaroof Daastan-e-Hind. The map on the cover page shown on the Right above clearly portrays the imaginary and non-existent fact of blood-thirsty slaughter of Muslims in India. We should carefully note that this is not the authorised version of India’map as it excludes the Pak-Occupied Kashmir (Courtesy: www.bahoo.org/Bookdes.asp?productid=1011541)

The front cover of the book of Aziz Burney states as follows: “Bharat Main Musalmanoun Ka Wahsheeyana Qatal-e-Aam Almaroof Daastan-e-hind. The liberal English translation of this anti-National title will be: The wild and savage massacre of the Muslims of Bharat, in other words, the Story of India. This traitor, this repository of some of the most virulent forms of anti-Indian hatred that have ever corroded the human breast, has taken the patently Pak-inspired treacherous care to exclude the Pak-Occupied Kashmir (POK) from the above Map of India. One cannot expect a whole-time ISI Agent like Aziz Burney to display any more respect towards and true concern for the sacred and sacrosanct Official Map of India.



FINALLY, ONE MORE QUESTION HAS TO BE ASKED IN THE LARGER INTERESTS OF INDIA’S NATIONAL SECURITY AND TERRITORIAL INTEGRITY.

ARE PEOPLE LIKE AZIZ BURNEY TRYING TO RECAST THE POLITICAL, DEMOGRAPHIC AND GEOGRAPHIC MAP OF INDIA IN THE MANNER OF A MOHAMMAD ALI JINNAH? THE ANSWER IS EMPHATICALLY, YES!

Lat year in the month of December 2009, I came across the following map of India drawn by the anti-Indian Islamists in the Pakistani paper website www.pakistanakhbar.com.






The above redrawn map of a further truncated India, drawn up by our inveterate enemies in Pakistan, is the only kind of Indian map which will inspire and gladden the sick and deranged minds and hearts of terrorist Islamists like Aziz Burney on the one hand and no less terrorist “Secular” Congress dhimmis like Digvijay Singh on the other.

I am presenting the following realistic cartoon to illustrate as to how all the political parties and leaders in India, with honourable exceptions like Dr SUBRAMANIAN SWAMY, are in the pay and retainership of Islamic terrorists in India and abroad.






Dr Manmohan Singh and Digvijay Singh are solidly backing Aziz Burney only because he is an inveterate enemy of the Citizens of India in general and the RSS in particular.

It is not therefore surprising, that the Rashtriya Swayamsevak Sangh has summarily rejected the insincere and sham apology tendered by Aziz Burney for hinting in a book that the RSS was behind the 26/11 conspiracy. The RSS has declared that the criminal case against Aziz Burney would not be withdrawn. This will be clear from the headlines in ‘Jansatta’ Hindi Newspaper issue of 30th January 2011 given below.







The hallmarks of true nobility, goodness and grace, which our Prime Minister Dr Manmohan Singh and former Chief Minister of Madhya Pradesh Digvijay Singh are able to see on the foreheads of “truly compassionate” Muslims like Aziz Burney were more clearly perceived and commented upon with lethal clarity by Sir Winston Churchill in the following immortal words as early as in 1908: These words of Sir Winston Churchill will ring across centuries proclaiming to all the world the true “nobility of Islam”, apart from weighing upon the minds of the voters at the time of the next Parliamentary elections in 2014.

“How dreadful are the curses which Islam lays on its votaries! Besides the fanatical frenzy, which is as dangerous in a man as hydrophobia in a dog, there is this fearful fatalistic apathy. The effects are apparent in many countries. Improvident habits, slovenly systems of agriculture, sluggish methods of commerce, and insecurity of property exist wherever the followers of the Prophet rule or live.”


“A degraded sensualism deprives this life of its grace and refinement; the next of its dignity and sanctity. The fact that in Mohammedan law every woman must belong to some man as his absolute property‹either as a child, a wife, or a concubine must delay the final extinction of slavery until the faith of Islam has ceased to be a great power among men. Individual Muslims may show splendid qualities. Thousands become the brave and loyal soldiers of the Queen; all know how to die; but the influence of the religion paralyses the social development of those who follow it.”


“No stronger retrograde force exists in the world. Far from being moribund, Islam is a militant and proselytizing faith. It has already spread throughout Central Africa, raising fearless warriors at every step; and were it not that Christianity is sheltered in the strong arms of science — the science against which it had vainly struggled — the civilisation of modern Europe might fall, as fell the civilisation of ancient Rome.”





I HAVE GIVEN SUFFICIENT HANDLE TO THE “SECULAR” MUSLIM-APPEASING GOVERNMENT OF INDIA TO PROSCRIBE AND BAN ALL THE BOOKS OF SIR WINSTON CHURCHILL AND ON SIR WINSTON CHURCHILL AS BLATANTLY “COMMUNAL” AND “NON-SECULAR”!!


Three cheers for anti-national Sonia Congress Secularism!!!










"

Nursery Schools and Government Malfeasance

Nursery Schools and Government Malfeasance: "

If you want the school system to turn your kids into retards, by all means get them enrolled into schools — the government mandates who will teach, what will be taught, who will attend, etc. But be prepared for the consequences.

~ ~ ~ ~ ~

In my opinion, homeschooling is not really a choice any more. It is the only alternative for parents who don’t want to handicap their children.

Religious Banking is here!

Religious Banking is here!: "In a previous post, we had pointed out how India has progressively moved towards compliance of religious laws. As it stands now, India is nearly as compliant as Pakistan, certainly more compliant than Malaysia.

By its ruling to allow religious banking/finance institutions, the Kerala High Court has opened up a whole new paradigm. But are we ready?

Sure enough, the current entity expects to operate wholly within the framework of Indian laws. But what does Indian law exactly mean? Who creates laws? The track record of our lawmakers starting from institutionalizing medieval religious practices through constitutional sanction to Shah Bano to more recent cases does not inspire any amount of confidence.

The most alarming aspect of the case is that this is not a private company trying to offer just another product with a largely superficial label, with not much consequence to anyone else. The entity in question is Kerala State Industrial Development Corporation (KSIDC), a state owned entity. The rationale being provided is absolutely bunkum - this is a real estate investment Public-private-partnership deal with a mutual fund type arrangement. Religious issues most certainly are not in the way of getting Gulf based Kerala diaspora into infrastructure - and this appears to be the primary pitch!

Secular blowhards have been trying to legalize religious banking for several years now, with The RBI steadfastly opposing such moves. For instance this report shows what a minefield this can quickly become in terms of regulations and bureaucratic overload. Even under the current arrangement, there will be regulatory costs. Someone has to pay for it. What if investments come a cropper? It would be too tempting to do a social justice bailout.

The reasons for this enthusiasm is quite clear. This type of moves are cheap popularity stunts performed for the M-Street. Additionally, the religious label will make sure law enforcement and financial regulatory bodies keep their hands off. Like most other religion tinged concepts, it will likely morph into a money laundering operation with other attendant ill effects.

We have let the camel's nose in the tent, the beast will come in.

"

यदि कोर्ट का निर्णय चर्च के खिलाफ़ है…… तो नहीं माना जायेगा (भाग-2)... Church, Vatican, Conversion and Indian Judiciary (Part-2)

यदि कोर्ट का निर्णय चर्च के खिलाफ़ है…… तो नहीं माना जायेगा (भाग-2)... Church, Vatican, Conversion and Indian Judiciary (Part-2): "

"

Warning: Security perils for India on road ahead

Warning: Security perils for India on road ahead: "http://www.rediff.com/news/column/warning-security-perils-for-india-on-road-ahead/20110125.htm

As India [ Images ] approaches the end of the 60th year as a republic, bad news seems to be coming in an avalanche.

The neighbourhood is in turmoil as even the President and prime minister of our western neighbour seek 'foreign' bodyguards. If ever there was a sign that radical forces like the Taliban [ Images ] are about to come to power there, this is it. With Wikileaks threatening to reveal the names of Swiss bank account holders, there is panic in the political class. Thus the external and internal crisis seem to be coming together to create a crisis that may well endanger the existence of our country.

The Indian nation is likely to be in peril in the coming decade. Will India survive this turbulence unscathed? With all my patriotic instincts in tact, the unfortunate answer to this loaded question is may be!

Readers bombarded with the recent endorsement of 'Brand India' by the high and mighty nations of the world, with President Barack Obama [ Images ] declaring that India has already emerged as a superpower, may wonder and even question the author's sanity.

This apparent Indian smugness and inability to see the gathering clouds on the security horizon, is at the heart of the dire prediction about India. But to uncover the looming danger to the nation's security in the coming decade, a brief look at the decade that is about to end is necessary. For the seeds of our possible misfortune lie in the events and policies of the past ten years.

India has long cherished a myth that there is something 'special' in Indian civilisation that has ensured that it has survived. Mohammed Iqbal, the poet, gave expression to this by saying that there is something special in us that guarantees our existence as a nation. Realistically speaking, the 7,000-year-old Indian civilisation owes its continued existence to accidents of history.

A navigational error led Columbus to America and Europeans hordes destroyed Red Indians instead of brown Indians. In the middle ages rulers like Aurangzeb embarked on a sincere mission to destroy Indian civilisation but the limitations of technology of killing (no machine guns and no nuclear weapons thwarted his ambition and Chhatrapati Shivaji led the Marathas in a un-Indian like resistance). Today the 'intent' of our adversaries remains the same and modern technology has given them the tools to achieve it.

The closing decade can well be called a dismal decade as far security is concerned. The attack on Parliament in 2001, co-ordinated bomb blasts in Delhi [ Images ]/Jaipur [ Images ]/Ahmedabad [ Images ]/Varanasi and two horrific attacks on Mumbai [ Images ] (the 2006 train blasts and 2008 armed attack on the metropolis), all had direct or indirect connection to Pakistan.

In 2001 in response to the attack on Parliament, India mobilised its armed forces and threatened all out war, but retreated. In case of the Mumbai attack of 2008, again we took no action. The lack of action in 2008 was all the more surprising as since 2001 India has been working on an appropriate response for precisely such an event.

The obvious conclusion is that we lack the necessary military superiority to carry out our threats. Even more worrying, leaks emerged that Pakistan is engaged in furiously increasing its nuclear arsenal -- at a pace fastest ever in world history.

To counter this we seem to be at a loss. The closing year saw multiple failures of the Agni missile tests. Even our space programme (of dual use) also had a string of failures. With loss of satellites to monitor our adversaries we will be at a distinct disadvantage. The sum of it all is that Pakistan has a distinct impression that it has overtaken us in nuclear and missile fields. There is an ever present danger that this would encourage adventurism.

Indian emphasis right from independence has been on economic development and minimal expenditure on security. But in the last six years of the United Progressive Alliance [ Images ] rule the obsession with GDP growth has been marked with neglect of defence.

Defence and development are like two legs, if one remains too far back the person/nation falls. But even more worrisome is the directionless-ness that one witnessed in the near fiasco of the Commonwealth Games [ Images ]! Here was an international event in which the nation had invested its prestige, yet the government only woke up when the foreign media highlighted the shoddy preparations.

In a typical knee-jerk reaction, last minute efforts were made to rectify the situation with the prime minister, no less, inspecting the Games Village! Is this also trend in our defence preparedness? The memories of how a bunch of ten desperados held Mumbai to ransom for 60 hours are still fresh.

Some months ago a leading national newspaper reported that the top bureaucrats (home, foreign and cabinet secretary), three service chiefs and directors of IB and RAW have decided to meet over lunch every month to informally sort out the inter-departmental issues. This ought to have caused a huge embarrassment and a public furore. It obviously means that the Prime Minister's Office whose job this is; is not functioning.

We have been lucky so far that the terrorists have targeted mainly humans. What if the terrorists were to change their strategy and attack dams, industrial, chemical or nuclear establishments? Do we still sit back and 'investigate' the crime and then go to the superpowers with our complaint. This is something that may well happen in the coming year.

It is well neigh impossible to protect every dam, refinery, chemical plant or other industrial centres, many of them in the private sector. If the terrorists decide to adopt this strategy, they will cause much more damage in terms of lives as well as economic costs.

The year 2011 is likely to see great turmoil in South Asia. The impending American withdrawal from Afghanistan, heightened Taliban activity in Pakistan, uncertainty in Iran, tensions on the Korean peninsula!

The next two years are likely to see China jockeying for power in wake of American withdrawal from Afghanistan. It is already making its ground by claiming Arunachal Pradesh and upping the ante on Kashmir [ Images ]. It should be clear to India by now that what we face from Pakistan is in reality a Chinese proxy threat. Are we ready to counter this?

It must be acknowledged that many of us, including this author have been wrong in predicting the demise of Pakistan. The negativity in Pakistan is so strong that it will continue to survive. It is India that is unprepared that is in danger of major setback. Add to this the efforts of politicians to deepen the fissures (classic divide and rule), a coherent national response to threat is missing.

On 1962 Sino-Indian border clash, there was one very intriguing question -- why did the Chinese attack in October 1962? After all the tensions had been brewing since 1959, but why 1962? Even a detailed study of the (still top secret) Henderson Brooks Report (external link) gave no clue.

Militarily starting a war in October made no sense -- in less than one month the Himalayan passes were to close due to snow -- exposing the troops to grave danger of being cutoff from logistic bases in Tibet [ Images ]. What is it that triggered the war at that moment? This author helped establish a clear link between the Cuban Missile Crisis of 1962 and the Chinese attack. Sample this: On September 19, 1962, the first rumblings of Cuban crisis and China attacks Dhola post. October 20, 1962: US orders naval blockade of Cuba and China launches attack on India. November 20, 1962 Cuban missile crisis is over after the Soviet Union agrees to withdraw missiles and the Chinese declare a unilateral ceasefire on November 21 and halt their advance. Are we looking at 1962 like situation again?

The greatest worry is however that larger public and leadership is unaware of the looming danger. You could clean the Games Village at the last minute, but how are we going to rustle up the required military strength when already under attack.

The nightmare scenario when brand new 7.62 self loading rifles in crates were dropped for the soldiers at Dirang Zong (Arunachal Pradesh) on November 14 in 1962 when the Chinese were a few kilometres away comes to mind. Have we learnt nothing from 1962?

Colonel Anil Athale (retd) is co-ordinator of Initiative for Peace, Arms-control & Disarmament, former head of War Studies Division of the Ministry of Defence and Shivaji Fellow of the United Services Institution.

Colonel Anil Athale (retd)
"

चाणक्यनीति के मूल में स्वार्थ नहीं, बल्कि परमार्थ है। यही कारण है कि चाणक्य ने अपने ग्रंथ के पहले ही श्लोक में तीन लोकों के नाथ ईश्वर को प्रणाम कर अपने ग्रंथ का मंगलाचरण करते हैं। ईश्वर के अस्तित्व को स्वीकार करना ही चाणक्य की राजनीति का सबसे महत्वपूर्ण सिद्धांत है। यदि किसी भी शासक को राजनीति में सफल होना है, तो उसे ईश्वर के अस्तित्व और धर्म के मूलभूत सिद्धांतों में श्रद्धा रखनी होगी।

चाणक्यनीति के मूल में स्वार्थ नहीं, बल्कि परमार्थ है। यही कारण है कि चाणक्य ने अपने ग्रंथ के पहले ही श्लोक में तीन लोकों के नाथ ईश्वर को प्रणाम कर अपने ग्रंथ का मंगलाचरण करते हैं। ईश्वर के अस्तित्व को स्वीकार करना ही चाणक्य की राजनीति का सबसे महत्वपूर्ण सिद्धांत है। यदि किसी भी शासक को राजनीति में सफल होना है, तो उसे ईश्वर के अस्तित्व और धर्म के मूलभूत सिद्धांतों में श्रद्धा रखनी होगी।: "

चाणक्य नीति का महत्व:: ::चाणक्यनीति के मूल में स्वार्थ नहीं, बल्कि परमार्थ है।

यही कारण है कि चाणक्य ने अपने ग्रंथ के पहले ही श्लोक में तीन लोकों के नाथ ईश्वर को प्रणाम कर अपने ग्रंथ का मंगलाचरण करते हैं। ईश्वर के अस्तित्व को स्वीकार करना ही चाणक्य की राजनीति का सबसे महत्वपूर्ण सिद्धांत है।

यदि किसी भी शासक को राजनीति में सफल होना है, तो उसे ईश्वर के अस्तित्व और धर्म के मूलभूत सिद्धांतों में श्रद्धा रखनी होगी।

आज देश की राजनीति का स्वरूप लगातार बदल रहा है। नहीं बदल रहा है, तो वह है नेताओं का चरित्र। इतना अवश्य जान लें कि जिस देश के राजनेता राजनीति के मूल सिद्धांतों को अच्छी तरह समझकर उसे अमल में लाएँगे, तो उस देश की प्रजा उतनी ही अधिक सुखी होगी और शासन यशस्वी बनेंगे। यह सच आज भारतीय राजनीति से बहुत दूर है। यहाँ प्रजा तो सुखी नहीं है, अलबत्ता राजनेता अपनी भावी पीढ़ियों के साथ बहुत ही अधिक खुश हैं। इन दिनों पूरे विश्व में अचानक कौटिल्य के अर्थशास्त्र की माँग बढ़ गई है। विदेशों के तथाकथित मैनेजमेंट गुरु भी कंपनियों के सफल संचालन के लिए कौटिल्य के सूत्र वाक्यों को अमल में लाने लगे हैं। कौटिल्य का अर्थशास्त्र तो लोकप्रिय है ही, इसके अलावा राजनीति पर उनकी लिखी किताब भी महत्वपूर्ण है। आज कौटिल्य के अर्थशास्त्र की तरह चाणक्यनीति भी विख्यात है। सबसे पहले यह भ्रम दूर कर लें कि चाणक्य और कौटिल्य अलग-अलग हैं। वास्तव में चाणक्य और कौटिल्य एक ही व्यक्ति का नाम है। जब भी कहीं चाणक्य राजनीति की बात आती है, तब हम समझते हैं कि यह किताब कुटिलता से भरपूर होगी। इसमें यह बताया गया होगा कि किस तरह से राजनीति में प्रतिद्वंद्वी को परास्त करें और सत्ता हासिल करें। चाणक्यनीति के बारे में यह हमारी भूल है कि हम ऐसा समझते हैं। दरअसल चाणक्यनीति के मूल में स्वार्थ नहीं, बल्कि परमार्थ है। यही कारण है कि चाणक्य ने अपने ग्रंथ के पहले ही श्लोक में तीन लोकों के नाथ ईश्वर को प्रणाम कर अपने ग्रंथ का मंगलाचरण करते हैं। ईश्वर के अस्तित्व को स्वीकार करना ही चाणक्य की राजनीति का सबसे महत्वपूर्ण सिद्धांत है। यदि किसी भी शासक को राजनीति में सफल होना है, तो उसे ईश्वर के अस्तित्व और धर्म के मूलभूत सिद्धांतों में श्रद्धा रखनी होगी। आज हमारे देश में सांप्रदायिक ताकतें लगातार बलशाली होती जा रहीं हैं। इसके रहते कोई भी शासक सफल नहीं हो सकता। इसे ही ध्यान में रखकर अपनी दूरदर्शिता दिखाते हुए चाणक्य ने ग्रंथ लिखा। अपने ग्रंथ के बारे में चाणक्य पूरी तरह से स्पष्ट हैं। चाणक्य कहते हैं ‘मैं यहाँ प्रजा के कल्याण के लिए राजनीति के ऐसे रहस्यों का उद्घाटन करुँगा, जिसे जानने के बाद व्यक्ति सर्वज्ञ बन जाएगा।’ यहाँ पर चाणक्य ने व्यक्ति के लिए जिस सर्वज्ञ शब्द कहा है, उसका आशय यही है कि ऐसा व्यक्ति संसार के सभी व्यवहारों को समझने लगेगा, अर्थात वह पूर्णत: व्यावहारिक हो जाएगा। उसका संबंध आध्यात्मिक जगत के साथ नहीं होगा। आध्यात्मिक दृष्टि प्राप्त करने वाले तो महात्मा होते हैं। चाणक्य दावे के साथ कहते हैं कि जो व्यक्ति मेरे ग्रंथ से राजनीति के इस विज्ञान को समझेगा, वही प्रजा का कल्याण कर पाएगा। चाणक्य ने यहाँ पर ज्ञान नहीं, बल्कि विज्ञान शब्द का प्रयोग किया है। राजनीति के सिद्धांतों का अभ्यास करने की क्रिया को ही ज्ञान कहा जाता है। इसे समाज के एक-एक व्यक्ति के हित में उसका उपयोग करना विज्ञान कहलाता है। ज्ञान की अपेक्षा विज्ञान अधिक सारगर्भित है। चाणक्य यह दावा नहीं करते कि इस ग्रंथ में जो कुछ लिखा गया है, वह मौलिक है। पहले ही श्लोक में वे कहते हैं कि अनेक शास्त्रों में से चुन-चुनकर राजनीति की बातों का संपादित किया है। इस वाक्य में ही चाणक्य की ईमानदारी और पारदर्शिता झलकती है। आज का युग चाणक्य के पाठकों को अँधेरे में रखना नहीं चाहता। वे स्पष्ट रूप से कुबूल करते हैं कि मैंने तो राजनीति के सिद्धांतों का संकलन ही किया है। इस तरह से संकलित कर चाणक्य ने अनेक पूर्व महर्षियो के ज्ञान की धरोहर को जीवंत रखा है और हम तक उसे पहुँचाने का पुण्य कार्य किया है। किसी भी ग्रंथ को पढ़ने और उसे अमल में लाने के पहले हमें यह जान लेना आवश्यक है कि इस ग्रंथ का अभ्यास करने से हमें क्या लाभ होगा? चाणक्य ने पने ग्रंथ के प्रारंभ में ही इस प्रश्न का उत्तर दे दिया है। चाणक्य कहते हैं कि इस नीतिशास्त्र को सही अर्थो में समझा है, तो वे यह अच्छी तरह से जान जाएँगे कि कौन-सा कार्य अच्छा है और कौन-सा बुरा। इस माध्यम से उन्होंेने उत्तम मनुष्य की व्याख्या भी कर दी है। उत्तम मनुष्य उसे कहते हैं, जो नीतिशास्त्र केमूल सिद्धांतों को स्वयं अमल में लाए, उसके आधार पर प्रजा को क्या करना चाहिए, क्या नहीं करना चाहिए, यह भी स्पष्ट हो जाएगा। ईष्ट क्या है और अनिष्ट कय है, इसका भी बोध यह ग्रंथ कराएगा। चाणक्य का नीतिशास्त्र प्रजा को सुखी बनाने का शास्त्र है। कोई भी व्यक्ति, जो सुखी होना चाहता है, उसे जीवन को दु:खी बनाने वाले तत्वों की पहचान पहले कर लेनी चाहिए। चाणक्य का नीतिशास्त्र बहुत ही व्यावहारिक बातें करता है। इसी कारण सुख के साधनों की तलाश करने के बदले दु:ख पैदा करने वाले साधनों को पहचान लेना चाहिए, ताकि सुख प्राप्त करने में ये तत्व बाधक न बनें। आखिर कहाँ हैं ये दु:ख देने वाले तत्व? चाणक्य कहते हैं ‘मूर्ख व्यक्ति को दिया जाने वाला उपदेश, कुलटा स्त्री का भरण-पोषण और दु:खी लोगों का संसर्ग विद्वानों को भीे दु:खी बना देता है। ’ जिसे सुखी होना है, उसे कभी भी मूर्ख व्यक्ति को उपदेश नहीं देना चाहिए। कुलटा स्त्री का भरण-पोषण नहीं करना चाहिए। यहाँ पर दुखियारों की मदद करना निषेध नहीं माना है, पर उसके साथ रहने का निषेध किया गया है। क्योंकि उसका संक्रमण अवश्य होगा। जैन शास्त्रों में भी लिखा गया है कि मूर्ख व्यक्ति को उपदेश देना ऐसा है, जैसे खुजली वाले कुत्ते के शरीर पर चंदन का लेप मलना। ये बेकार की मेहनत है। इसका कोई परिणाम नहीं निकलेगा। इससे निराशा ही मिलती है। बारिश में भीगने वाले बंदर से पेड़ के पक्षियों ने घोसला बनाने की सलाह दी। इससे क्रोधित होकर बंदर ने पक्षियों के घोसलों को ही नष्ट कर दिया। सइी तरह कुलटा स्त्री साँप की तरह है, जिसे दूध पिलाकर हम यह समझें कि हमने उस पर दया की। जो दया करने वाले के प्रति फादारी नहीं कर सकती, उसका भरण-पोषण करना पति का कर्तव्य नहीं है। आज का कानून भी पति से बेवफाई करने वाली स्त्री से तलाक लेने की सलाह देता है। दु:खी मनुष्यों में से एक प्रकार की नकारात्मक ऊर्जा प्रवाहित होती है। इस कारण ऐसे लोगों के साथ रहने वाला भी निराशावादी हो जाता है। जिन्हें आशावादी बनना हो, उसे आशावादियों के साथ रहना चाहिए। सोहबत का असर इंसानों पर ही सबसे पहले होता है। यह चाणक्य बहुत पहले कह गए हैं। बाद के श्लोक में चाणक्य मनुष्य के जीवन के लिए सबसे अधिक हानिकारक चार तत्वों की बात करते हैं। चाणक्य कहते हैं ‘दुष्ट पत्नी, शठ मित्र, आज्ञा न मानने वाले नौकर और घर में बसने वाला साँप’ ये चारों मृत्यु के समान हैं। पति और पत्नी संसाररूपी रथ के दो पहिए है, यदि पत्नी दुष्ट हो, तो जीवन के हर कदम पर अवरोध पैदा होते हैं और संसार का यह रथ बराबर चल नहीं पाता। रणभूमि पर शत्रुओं का वीरतापूर्वक मुकाबला करने वाला पराक्रमी योद्धा भी पत्नी के सामने लाचार बन जाता है। दुष्ट पत्नी अपने पति के लिए अभिशाप होती है। वह सज्जन पुरुष का जीवन हराम कर देती है। पत्नी दुष्ट हो, तो घर से सुख-शांति हमेशा के लिए चली जाती है। जिस घर में शांति न हो, उसका समाज में भी कोई मान-सम्मान नहीं होता। पत्नी बेवफा हो, तो अरबों की दौलत भी सुख नहीं दे सकती। इंसान की सबसे बड़ी पूँजी उसकी संतान और मित्र है। जिन्हें अच्छे मित्र मिले, वह विश्व का सबसे भाग्यशाली व्यक्ति है। जिन्हें धूर्त मित्र मिले हैं, वह विश्व का सबसे बड़ा दुर्भाग्यशाली व्यक्ति है। मनुष्य किसी भी व्यक्ति के साथ मित्रता करे, तब उसे उसके दुगरुणों के बारे में जानकारी नहीं होती, उसे यह विश्वास होता है कि मुसीबत के समय सहायता करने वालों में यही सबसे आगे होगा। मित्र तो सहायता करेगा ही। वास्तव में जीवन में जब बाधाएँ आती हैं और तब हमने मित्र से सहायता की अपेक्षा रखी हो, तभी वह धोखा दे जाए, तो कैसा लगता है? समाज में दूसरे लोग हमारे साथ धोखाधड़ी करते हैं, तब हमें आघात नहीं लगता, पर जब मित्र ही हमसे धोखा करने लगे, तो उस आघात को सहना बहुत ही मुश्किल होता है। इसी तरह मालिक का आदेश न मानने वाला नौकर भी खतरनाक होता है। घर में जब मेहमान आएँ हो, उस समय यदि उसे कोई आदेश दिया जाए, तभी नौकर सेठ का अपमान कर दे, तो यह बात सेठ के लिए बहुत ही अधिक आघातजनक होगी। लोग यह दलील देते हैं कि चाणक्य आज से 2400 वर्ष पूर्व पैदा हुए थे। उसके समय की राजनीति और आज की राजनीति में जमीन-आसमान का अंतर है। तो उसका जवाब यह है कि चाणक्य ने अपने ग्रंथ में राजनीति के शाश्वत सिद्धांतों की चर्चा की है। राजनीति के साथ-साथ उन्होंने समाजशास्त्र के महत्वपूर्ण सिद्धांतों को भी समझाया है। यह सिद्धांत प्राचीन काल में जितने प्रासंगिक थे, आज भी उतने ही प्रासंगिक हैं। देश में राजशाही हो या लोकशाही, पर राजनीति के सिद्धांत कभी नहीं बदलते। जो राजनेता सिद्धांतों की जानकारी प्राप्त कर लेते है, वे अपने आप को देश, काल और परिस्थितियों के अनुरूप ढाल सकते हैं।
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अब कांग्रेस का हाथ अफजल के साथ

अब कांग्रेस का हाथ अफजल के साथ: "

अब कांग्रेस का हाथ अफजल के साथ

गुलाम नबी आजाद का बयान आपने देखा। सिर्फ बयान पर बात रहती। तो इतना बवाल न होता। गुलाम नबी ने अफजल की फांसी माफ करने की चिट्ठी भी लिखी। चिट्ठी में लिखा-'जम्मू कश्मीर में कानून व्यवस्था बिगड़ जाएगी। पाकिस्तान के साथ संबंध भी बिगडेंग़े।' संसद पर हमला हुआ। यानी लोकतंत्र पर हमला हुआ। संसद पर हमला यानी देश पर हमला। अगर अफजल के खुद के बयान पर भरोसा करें। तो आतंकियों का इरादा सेंट्रल हॉल तक जाने का था। प्रधानमंत्री की हत्या करने का था। रास्ते में जो भी आता। उसे खत्म करने के इरादे से आए थे आतंकी। पर अपने वॉच एंड वार्ड ने आतंकियों के मंसूबे नाकाम किए। जान पर खेलकर मंसूबे नाकाम किए। दस सुरक्षाकर्मियों ने अपनी जान दे दी। पर आतंकियों को अंदर घुसने नहीं दिया। अपने राजस्थान के जगदीश प्रसाद यादव भी थे। अब अपन अगर अफजल को फांसी की सजा माफ कर दें। तो जगदीश प्रसाद यादव को अच्छी श्रद्धांजलि होगी। अपन अपने शहीदों को कैसी श्रद्धांजलि देना चाहते हैं। यह अपने कर्णधारों को तय करना होगा। गुलाम नबी उस समय सांसद थे। अगर आतंकी कामयाब होते। बीच में जगदीश यादव न आते। तो गुलाम नबी भी नहीं बचते। अपन उस समय संसद भवन के अंदर थे। अपन ने गोलियों की आवाज सुनी। तो दौड़ कर बाहर निकले। कोहराम मचा था। आतंकियों को अपन ने सामने से देखा। सुरक्षाकर्मी आतंकियों की गोलियों के बीच दरवाजे बंद करवा रहे थे। अपन बाहर तो निकल आए। पर अंदर घुसना मुश्किल हो गया। संसद भवन की दीवारों के साथ दौड़ते रहे। शायद कोई दरवाजा खुला मिले। एक दरवाजा बंद ही होने वाला था। अलबता हो ही गया था। बाहर खड़े सुरक्षाकर्मी ने अपन को दौड़ते देखा। तो दरवाजा अंदर से बंद करने वाले सुरक्षाकर्मी को गुहार लगाई। दरवाजा फिर खुला और अपन अंदर घुसे। अंदर न घुस पाते। तो आज आप यह कॉलम न भी पढ़ पाते। बाहर तो जितने रह गए थे। उनमें ज्यादातर शहीद हुए। और अब गुलाम नबी कहते हैं-'हत्यारों को माफ कर दो।' वजह बताते हैं-'कश्मीर में अमन बिगड़ जाएगा। पाक से रिश्ते खराब होंगे।' कांग्रेस ने पलट कर गुलाम नबी को नहीं कहा-'कानून व्यवस्था नहीं संभाल सकते तो इस्तीफा दो।' कांग्रेस ने नहीं कहा-'विदेशों से रिश्ते तय करना सीएम का काम नहीं।' कांग्रेस ने विरोध नहीं किया। प्रवक्ता सोनिया गांधी की तरफ से बोले-'कांग्रेस न गुलाम नबी के स्टैंड का समर्थन करती है न विरोध।' कांग्रेस की चुप्पी गुलाम नबी को मौन समर्थन थी। पर जम्मू कश्मीर के हिंदू कांग्रेसियों की जमीन खिसक गई। दो दिन तो मंगतराम शर्मा हाईकमान के रूख का इंतजार करते रहे। पर हाईकमान ने गुलाम नबी को घुड़की नहीं पिलाई। तो खुद खुलकर सामने आए। उनने गुलाम नबी आजाद के स्टैंड का विरोध किया। कहा-'आतंकवादियों को कड़ी से कड़ी सजा मिलनी चाहिए। संसद पर हमला, देश पर हमला था।' कांग्रेस ने फिर वही रूख अपनाया। तो कांग्रेस का दोहरा चेहरा सामने आया। हिंदुओं को खुश करने के लिए मंगतराम। मुसलमानों को खुश करने के लिए गुलाम नबी। चित भी मेरी पट भी मेरी, अंटा मेरे बाप का। हिंदुस्तान के सब मुस्लिम नेताओं का चेहरा बेनकाब होने लगा। सिर्फ गुलाम नबी आजाद क्यों। नए नए कांग्रेसी रशीद अल्वी का बयान देखिए। जनमत टीवी पर बहस में हिस्सा ले रहे थे। बोले-'जिसे आप आतंकवादी कहते हैं। उसे जम्मू कश्मीर में स्वतंत्रता सेनानी कह रहे हैं।' आपको परवेज मुशर्रफ और रशीद अल्वी में कोई फर्क दिखा। यही बात मुशर्रफ ने आगरा में कही थी। तो वाजपेयी ने बातचीत तोड़ दी थी। मुशर्रफ को बैरंग लौटा दिया था। तब तब बातचीत नहीं की। जब तक मुशर्रफ ने यह नहीं कहा-'पाक और पीओके से आतंकवादियों को भारत के खिलाफ षडयंत्र नहीं रचने देंगे। टे्रनिंग कैंप नहीं चलने देंगे।' भारत में एक क्लास पैदा हो चुकी। जो कश्मीर में आतंकियों को स्वतंत्रता सेनानी कहना शुरू हो चुकी। आप गुलाम नबी का बयान देख लें। रशीद अल्वी का बयान देख लें। इन दोनों कांग्रेसियों के अलावा पूर्व कांग्रेसी मुफ्ती मोहम्मद सईद का बयान देख लें। फारूख अबदुल्ला या उमर अबदुल्ला का बयान देख लें। हुर्रियत कांफ्रेंस तो सड़कों पर उतर ही चुकी। पीडीपी-नेंका में होड़ लग चुकी। पीडीपी चाहती हैं-'सेल्फ रूल।' नेंका चाहती हैं-'1953 से पहले की स्थिति।' कांग्रेस दोनों में संतुलन बना रही हैं। इसका असर दिखने लगा। गुलाम नबी ने अफजल की पत्नी को दिल्ली भेजा। राष्ट्रपति तक गुहार पहुंचाई। कुछ घंटों में याचिका राष्ट्रपति भवन से कूच कर गई। गृह मंत्रालय तक भिजवाने का बंदोबस्त हुआ। गृह मंत्रालय से भी घंटे भर में सूचना दिल्ली सरकार को पहुंच गई। तिहाड़ जेल भी पहुंच गई। इसे कहते है-'कांग्रेस का हाथ अफजल के साथ।' ऐसा न होता। तो ऐसी तेजी भी न होती।

मोहम्मद अफजल कि फांसी टाल सकती हैं, रोक नहीं सकती यूपीए सरकार

यों तो राष्ट्रपति अब्दुल कलाम ने ठीक नहीं किया। आतंकी के परिवार को मिलना मुनासिब नहीं था। कलाम अगर मोहम्मद अफजल की रहम की अपील पाटिल को न भेजते। तो कोई गुनाह नहीं करते। अलबत्ता आतंकवाद के खिलाफ कड़े रुख का संदेश देते। यों भी मोहम्मद अफजल को न अफसोस। न उसने रहम की अपील की। सो राष्ट्रपति उसे रद्दी की टोकरी में फेंक सकते थे। जरुर कलाम ने गृह मंत्री की सिफारिश पर किया होगा। शिवराज पाटिल से ऐसी सिफारिश की उम्मीद किसको नहीं होगी। राष्ट्रपति ने एक आतंकी को फांसी की सजा से रोककर अच्छा नहीं किया। सोनिया-मनमोहन की सरकार सिफारिश करने से रही। आतंकवाद समर्थक मुस्लिम नेताओं का मकसद पूरा हुआ। अब अफजल को फांसी नहीं होगी। राष्ट्रपति उनके मकसद पूरा होने में ढ़ाल बने। जाते-जाते उन ने खुद पर सांप्रदायिकता का लेबल चिपका लिया। पंजाब में जब आतंकवाद शिखर पर था। तो आतंकी हरजिंदर सिंह जिंदा ने पूर्व सेनाध्यक्ष ए.एस. वैद्य को बम से उड़ा दिया था। हरजिंदर सिंह जिंदा को सजा-ए-मौत हुई। रहम की अपील राष्ट्रपति को पहुंची। राष्ट्रपति तब ज्ञानी जैल सिंह थे। तेरह घंटे में रहम की अपील खारिज हो गई। जैल सिंह ने सिखवाद नहीं चलाया। जब मोनिका बेदी ने मनमोहन सिंह से रहम की अपील की। तो मनमोहन सिंह ने भी सिखवाद नहीं चलाया। पर जाने-अनजाने राष्ट्रपति से यह गलती हो गई। वह कुछ तो गुलाम नबी आजाद के चक्कर में आ गए। कुछ अपने शिवराज पाटिल और यूपीए सरकार के चक्कर में। यूपीए सरकार ने आतंकवाद को कभी गंभीरता से नहीं लिया। लिया होता,तो पोटा रद्द न करते। अफजल की साजिश सिरे चढ़ गई होती। आतंकी सुरक्षा घेरा तोड़कर संसद भवन में घुस गए होते। तो अब अफजल की माफी के ज्यादातार पैरवीकार सिधार चुके होते। यों अपन को पहले से पता था। यूपीए सरकार मोहम्मद अफजल को माफी की सिफारिश कर भी दे। तो भी मामला सुप्रीम कोर्ट में जाएगा। इंदिरा गांधी के हत्यारे केहर सिंह के मामले में पहले से यह फैसला था। कोर्ट कह चुकी थी- 'राष्ट्रपति-राज्यपालों के सजा माफी के हक की न्यायिक समीक्षा हो सकती है।' अपन को यह नहीं पता था। ऐसा ही एक मामला में सुप्रीम कोर्ट में लंबित था। जिसका फैसला हुआ। तो अफजल के पैरवीकारों की टांगें कंपकपाने लगी। सुप्रीम कोर्ट ने आंध्र के गवर्नर के सजा माफी के फैसले पर फैसला दिया। हत्या हुई थी तेलुगुदेशम के वर्कर की। हत्यारा था कांग्रेस का वर्कर। सजा हुई दस साल की। तब तेलुगुदेशम की सरकार थी। अपने चंद्रबाबू सीएम थे। चुनाव हुआ। सरकार बदल गई। तेलुगुदेशम की जगह पर कांग्रेसी सरकार बन गई। चंद्रबाबू की जगह पर वाईएस राजशेखर रेड्डी सीएम बन गए। सुरजीत सिंह बरनाला की जगह सुशील कुमार शिंदे गवर्नर हो गए। हत्यारा कांग्रेसी, सीएम कांग्रेसी, गवर्नर कांग्रेसी। बस हो गया फैसला। धरी रह गई न्याय प्रणाली। अपराधियों का राजनीतिक गठजोड़ सामने आ गया। हत्यारे कांग्रेसी की पत्नी ने मौका ताड़ा। जो मौजूदा एमएलए भी थी। जब राजशेखर ने मंत्री नहीं बनाया। तो कम से कम पति की सजा माफी तो कराए। अर्जी लगा दी गई। कांग्रेसी-कांग्रेसी भाई-भाई हो गए। और सजा माफ हो गई। सुप्रीम कोर्ट तगड़ी लताड़ लगाई। कहा- 'सांप्रदायिक, जातीय, राजनीतिक आधार पर सजा माफ नहीं हो सकती।' समझदार को इशारा काफी। कोर्ट ने राजनीतिक आधार पर हुई माफी रद्द की। पर लगते हाथों सांप्रदायिक और जातीय आधार भी गिना दिए। ताकि मनमोहन सरकार को भी सनद रहे। राष्ट्रपति एपीजे अबदुल कलाम को भी। अब आंतकियों और उनके समर्थकों का गठजोड़ फांसी टाल तो सकता है। रद्द नहीं करा सकता। पर लिखकर रख लीजिए। गुलाम नबी की चली। तो जब तक यूपीए सरकार रहेगी। फैसला नहीं होगा।
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2012: START OF MAYA CALENDAR OR MODI?

2012: START OF MAYA CALENDAR OR MODI?: "More than 5000 years ago, the Mayans of Central America designed what is known as the Long Calendar to last 5125.36 years. It began on Aug 13, 3114 BC and will end on December 21, 2012. While some...

An analysis of the political, societal and security related developments that affect India as it readies to reclaim its place among the great nations of the world.

Suddenly, skeletons are tumbling out of the proverbial cupboard almost every day, shocking a nation already gaping in disbelief into a surreal numbness. The sheer scale of the plunder and the disdain with which the Congress party is continuing to dismiss the avalanche of charges in a manner that would be unthinkable in any other country, seem to suggest that India is headed towards some sort of a climactic event, without which there appears, as of now, little hope of any serious corrective measures being put in place, and no possibility of criminals who rule this nation being put out of business and into prison.

Hindus stop Muslim insolence in Nashik

Hindus stop Muslim insolence in Nashik: "Hindus used to be deliberately teased by Muslims in a lane in Lasalgaon. Hindus have now been able to curb such Muslims."

Celebrate Valentine's Day not with your lover, but with your parents

Celebrate Valentine's Day not with your lover, but with your parents: "The Ambala based organization Yuva Seva Sangh has asked youths to bring their parents in their programme to be held at BPS Planetarium in the Cantt area on the occasion of Valentine's Day on February 14 to offer them respect."

Anti-Hindu and Anti-National Idris Nayakwadi elected as Mayor of Miraj

Anti-Hindu and Anti-National Idris Nayakwadi elected as Mayor of Miraj: "Idris Nayakwadi, who had opposed ‘Vande Mataram’ and attacked ‘Dainik Sanatan Prabhat’ has been elected as Mayor of Sangli-Miraj and Kupwad Municipal Corporation."

he other candidate of NCP Mr. Suresh Avati withdrew his candidature at the last moment thus ending competition in the election. BJP councilors also voted for Nayakwadi. Mr. Yuvaraj Bavadekar of BJP has been elected as the Deputy Mayor.

Boycott 'Vidya Balan' who agreed to pose nude for M F Husain

Boycott 'Vidya Balan' who agreed to pose nude for M F Husain: "Pervert Anti-Hindu painter M F Husain paints pictures of family members and Muslim ladies in full clothes, but paints Hindu Deities and Hindu women in nude ! Hindus should also condemn and boycott Vidya Balan completely !"

UPA Govt. should provide fullest security cover for Dr. Subramanian Swamy

UPA Govt. should provide fullest security cover for Dr. Subramanian Swamy

UPA Govt. should provide fullest security cover for Dr. Subramanian Swamy

UPA Govt. should provide fullest security cover for Dr. Subramanian Swamy

When the Unemployed Lose Faith in the System

When the Unemployed Lose Faith in the System: "
Bill Bonner

Reckoning from Baltimore, Maryland...

Dow plus 71 yesterday. Gold plus $15.

Everything seems okay, doesn't it? Good, then let's look deeper...at the story behind the story...

As we've been saying, elites look out for themselves. But why not? Everyone looks out for Numero Uno. No? Isn't that what you'd expect?

Every organization has some people in control of it. Government is no exception. Often, the people with real control are not those who appear to have the reigns of power. Sometimes, the real power is hidden...behind the scenes...

Some of the most remarkable and successful societies have been ruled by slaves. No kidding. The Mamluks in Egypt and the Janissaries in the Ottoman Empire. They were captured or bought in Europe. The boys - usually Christian - were taken to special training camps. There, they were converted to Islam and learned the arts of war and administration. They became soldiers. Or bureaucrats. Generals. Governors. They ran things on a day-to-day basis...for the elite powers behind them.

Of course, sometimes, like Rome's barbarian troops, they turned on their masters and took over completely... Then, the master became the slave...

But that is a long, long story. Even in a complex, modern democracy the government acts first and foremost on behalf of the groups that control it.

How? Part bribery. Party larceny. They take from some. They give to others. They keep a lot for themselves.

So, it was not at all surprising that in the crisis of '07-'09 the feds immediately bailed out the banks. That was an act of larceny. The big banks have power. They used the power to enrich themselves. Simple, huh?

This treachery cost the nation trillions of dollars, but only one out of a 1,000 people really understands what is going on. The other 999 think the feds 'saved the economy.' They think Ben Bernanke is a hero, not a scoundrel.

In a representative democracy, powerful elites have to pretend to act for the good of the 'people.' So, they pretend that bailouts to Wall Street are necessary. And they provide handouts to the poor, too. Food stamps, for example. People who get food stamps have little real power. But they vote. Food stamps are a cheap way to bribe the electorate.

And as more and more people are caught up in the system - as either knave, enabler, or accomplice - the more the system becomes zombified. There are just fewer and fewer people left who are actually producing wealth. The system itself then begins to creak and crumble...and finally falls apart.

We're not fool enough to think that this is what really happens. It's just what you'd call an 'artist's conception.' It's an idealized, simplified theory about the way things work.

Real life is always much, much more nuanced...complicated...and infinitely messy.

Still, it gives us a way of understanding, imperfectly, the drift of things...

For example...the Fed's quantitative easing and the Obama administration's stimulus program.

'The US stimulus robbed our grandchildren,' writes Darrell Issa, US congressman, in The Financial Times.

We were surprised. We didn't think there was anyone in congress - except for Ron Paul - who had any idea of what was going on. Mr. Issa seems to be another exception.

He explains that the results from the 4th quarter are now in. They show that the stimulus program 'has woefully failed to reach each of its self-imposed targets.'

Employment is 6.8 million short. And fourth quarter GDP is $400 billion less than promised.

'Some 47 out of 50 US states...have lost jobs since the stimulus was passed,' he reports.

And most of the jobs that were created were zombie jobs - working in the public sector.

In other words, the feds spent $814 billion. We got nothing much for it. But the bill will be handed to future generations - who are guilty of neither larceny nor complicity.

How does the next generation feel about it? Keep reading...

And more thoughts...

Now we turn to a strange phenomenon described by BusinessWeek as

'The Youth Unemployment Bomb'

Here's the report:

From Cairo to London to Brooklyn, too many young people are jobless and disaffected. Inside the global effort to put the next generation to work

In Tunisia, the young people who helped bring down a dictator are calledhittistes - French-Arabic slang for those who lean against the wall. Their counterparts in Egypt, who on Feb. 1 forced President Hosni Mubarak to say he won't seek reelection, are the shabab atileen, unemployed youths. Thehittistes and shabab have brothers and sisters across the globe. In Britain, they are NEETs - 'not in education, employment, or training.' In Japan, they are freeters: an amalgam of the English word freelance and the German wordArbeiter, or worker. Spaniards call them mileuristas, meaning they earn no more than 1,000 euros a month. In the US, they're 'boomerang' kids who move back home after college because they can't find work. Even fast-growing China, where labor shortages are more common than surpluses, has its 'ant tribe' - recent college graduates who crowd together in cheap flats on the fringes of big cities because they can't find well-paying work.
The full report is reproduced below. It is important. Remarkably, the author of this report inBusinessWeek does not seem to understand what is going on. But we have seen it first hand. Labor laws bribe the generation of CURRENT voters. They raise the price of labor to the point where it no longer makes sense to hire young workers. Inexperienced workers just aren't worth the money! Young people can't get jobs because older workers have been co-opted.

So, the government then tries to bribe the young with subsidies to the universities...the aforementioned food stamps...and other welfare schemes. But then, the feds run out of money. The young are trapped between a rigid labor market that is rigged against them and a welfare system that can't afford to support them.

'The older generations have eaten the future of the younger ones,' says a former Italian prime minister.

The result? See for yourself:

In each of these nations, an economy that can't generate enough jobs to absorb its young people has created a lost generation of the disaffected, unemployed, or underemployed - including growing numbers of recent college graduates for whom the post-crash economy has little to offer. Tunisia's Jasmine Revolution was not the first time these alienated men and women have made themselves heard. Last year, British students outraged by proposed tuition increases - at a moment when a college education is no guarantee of prosperity - attacked the Conservative Party's headquarters in London and pummeled a limousine carrying Prince Charles and his wife, Camilla Bowles. Scuffles with police have repeatedly broken out at student demonstrations across Continental Europe. And last March in Oakland, Calif., students protesting tuition hikes walked onto Interstate 880, shutting it down for an hour in both directions.

More common is the quiet desperation of a generation in 'waithood,' suspended short of fully employed adulthood. At 26, Sandy Brown of Brooklyn, N.Y., is a college graduate and a mother of two who hasn't worked in seven months. 'I used to be a manager at a Duane Reade [drugstore] in Manhattan, but they laid me off. I've looked for work everywhere and I can't find nothing,' she says. 'It's like I got my diploma for nothing.'

While the details differ from one nation to the next, the common element is failure - not just of young people to find a place in society, but of society itself to harness the energy, intelligence, and enthusiasm of the next generation. Here's what makes it extra- worrisome: The world is aging. In many countries the young are being crushed by a gerontocracy of older workers who appear determined to cling to the better jobs as long as possible and then, when they do retire, demand impossibly rich private and public pensions that the younger generation will be forced to shoulder.

In short, the fissure between young and old is deepening. 'The older generations have eaten the future of the younger ones,' former Italian Prime Minister Giuliano Amato told Corriere della Sera. In Britain, Employment Minister Chris Grayling has called chronic unemployment a 'ticking time bomb.' Jeffrey A. Joerres, chief executive officer of Manpower (MAN), a temporary-services firm with offices in 82 countries and territories, adds, 'Youth unemployment will clearly be the epidemic of this next decade unless we get on it right away. You can't throw in the towel on this.'

The highest rates of youth unemployment are found in the Middle East and North Africa, at roughly 24 percent each, according to the International Labor Organization. Most of the rest of the world is in the high teens - except for South and East Asia, the only regions with single-digit youth unemployment. Young people are nearly three times as likely as adults to be unemployed.

Last year the ILO caught a glimmer of hope. Poring over the data from 56 countries, researchers estimated that the number of unemployed 15- to 24-year-olds in those nations fell in 2010 by about 2 million, to just under 78 million. 'At first we thought this was a good thing,' says Steven Kapsos, an ILO economist. 'It looked like youth were faring better in the labor market. But then what we started to realize was that labor force participation rates were plunging. Young people were just dropping out.'

Youth unemployment is tempting to dismiss. The young tend to have fewer obligations, after all, and plenty of time to save for retirement. They have the health and strength to enjoy their leisure. "I spend many hours a day playing soccer with my friends," says Musa Salhi, an 18- year-old Madrid resident who studied to be an electrician but hasn't worked in over a year. Even as fighters on horses and camels galloped through Cairo's Liberation Square on Feb. 2 and the U.N. estimated that 300 people had died in a week of clashes, the world's investors continued to perceive the consequences as largely local. The Standard & Poor's 500-stock index rose 1 percent in the week following the first mass protests on Jan. 25. Crude oil prices rose less than 4 percent over the period.

But the failure to launch has serious consequences for society - as Egypt's Mubarak and Tunisia's overthrown President, Zine al-Abidine Ben Ali, discovered. So did Iranian President Mahmoud Ahmadinejad, who in 2009 dispatched baton-wielding police against youths protesting his disputed reelection. 'Educated youth have been in the vanguard of rebellions against authority certainly since the French Revolution and in some cases even earlier,' says Jack A. Goldstone, a sociologist at George Mason University School of Public Policy. In December the French government released a report on the nation's Sensitive Urban Zones, also known as banlieues, which said that the young men in the neighborhoods find it 'extremely difficult' to integrate into the economic mainstream. The heavily Muslim banlieues exploded into rioting in 2005; last year a series of violent attacks there brought police face to face with youths brandishing AK-47s.

A demographic bulge is contributing to the tensions in North Africa and the Middle East, where people aged 15-29 make up the largest share of the population ever, according to multiple demographic sources. The Egyptian pyramid that matters now is the one representing the population's age structure - wide at the young bottom, narrow at the old top. Fifteen- to 29-year-olds account for 34 percent of the population in Iran, 30 percent in Jordan, and 29 percent in Egypt and Morocco. (The U.S. figure is 21 percent.) That share will shrink because the baby boom of two decades ago was followed by a baby bust. For now, though, it's corrosive.

In a nation with a healthy economy, a burst of new talent on the scene spurs growth. But the sclerotic and autocratic states of the Middle East are ill-equipped to take advantage of this demographic dividend. Sitting at the fringes of a protest in Cairo's Liberation Square on Jan. 29 and wearing a bright yellow head scarf, Soad Mohammed Ali says she hasn't found work since graduating from Cairo University with a law degree - nearly 10 years ago. She says the only offer of government work she has received is cleaning jobs at $40 a month. At age 30, Ali says, 'I am old now.'

For the young jobless, enforced leisure can be agony. Musa Salhi, the Spanish soccer player, says, 'I feel bored all the time, especially in the mornings. My parents really need and want me to start working.' In Belfast, Northern Ireland, 19-year-old Declan Maguire says he applied for 15 jobs in the past three weeks and heard nothing back. 'I would consider emigrating, but I don't even have the money to do that. It is so demoralizing.'

For decades, Mubarak coped with Egypt's youth unemployment problem by expanding college enrollments. That strategy couldn't last forever. This past March, scholars Ragui Assaad and Samantha Constant of the Middle East Youth Initiative, a venture of Brookings Institution and the Dubai School of Government, put it bluntly: 'In Egypt, educated young people who spend years searching for formal employment, mostly in the public sector, are now forgoing this prospect as the supply of government jobs dries up. Formal private sector employment - quite limited in the first place - is not growing fast enough... Hence, young people are left with either precarious informal wage employment or expected to simply create a job for themselves in Egypt's vast informal economy.'

Even so, rich democracies ignore youth unemployment at their peril. In the 34 industrialized nations in the Organization for Economic Cooperation and Development, at least 16.7 million young people are not employed, in school, or in training, and about 10 million of those aren't even looking, the OECD said in December 2010. In the most- developed nations, the job market has split between high-paying jobs that many workers aren't qualified for and low-paying jobs that they can't live on, says Harry J. Holzer, a public policy professor at Georgetown University and co-author of a new book, Where Are All the Good Jobs Going? Many of the jobs that once paid good wages to high school graduates have been automated or outsourced.

The spike in youth unemployment should ease in the West as the after- effects of the 2008 financial crisis diminish. Eventually, growth will resume in the U.S., Europe, Japan, and other nations. The retirement of the baby boomers will increase demand for younger workers. 'I believe the tables will turn. Employers will be lining up' for younger workers, says Philip J. Jennings, general secretary of UNI Global Union, an international federation of labor unions with 20 million members.

That's cold comfort to the young people who are out of work now. The short term has become distressingly long. Although the recession ended in the summer of 2009, youth unemployment remains near its cyclical peak. In the U.S., 18 percent of 16- to 24-year-olds were unemployed in December 2010, according to the Labor Dept., a year and a half after the recession technically ended. For blacks of the same age it was 27 percent. What keeps the numbers from being even higher is that many teens have simply given up. Some are sitting on couches. Others are in school, which can be a dead end itself. The percentage of American 16- to 19-year-olds who are employed has fallen to below 26 percent, a record low.

What's more, when jobs do come back, employers might choose to reach past today's unemployed, who may appear to be damaged goods, and pick from the next crop of fresh-faced grads. Starting one's career during a recession can have long-term negative consequences. Lisa B. Kahn, an economist at the Yale School of Management, estimates that for white, male college students in the U.S., a 1 percentage point increase in the unemployment rate at the time of graduation causes an initial wage loss of 6 percent to 7 percent - and even after 15 years the recession graduates earn about 2.5 percent less than they would have if they had not come out of school during a downturn. There's a psychological impact as well. 'Individuals growing up during recessions tend to believe that success in life depends more on luck than on effort, support more government redistribution, but are less confident in public institutions,' conclude Paola Giuliano of UCLA's Anderson School of Management and Antonio Spilimbergo of the International Monetary Fund in a 2009 study. Downturns, the study suggests, breed self- doubting liberals.

The coincidence of protests in Egypt and record youth unemployment elsewhere has caught the attention of the world's most powerful capitalists and diplomats. At this year's World Economic Forum in Davos, Switzerland, held while Cairo was in chaos, the hallways buzzed with can-do talk about improving employment opportunities for the young. Even before the latest whiff of grapeshot, the U.N. declared the year beginning last August as the International Year of Youth. In December the Blackstone Group (BX) and CNBC held a conference in London with top experts to discuss solutions to youth unemployment. Companies from AT&T (T) to Accenture (ACN) to Siemens (SI) are working on ways to prepare high school and college students for the working world.

The only surefire cure for youth unemployment, however, is strong, sustained economic growth that generates so much demand for labor that employers have no choice but to hire the young. Economists have been breaking their teeth on that goal for decades. 'If we knew how to get growth right we'd win the Nobel Prize,' says Wendy Cunningham, a specialist in youth development at the World Bank in Washington.

To free-market economists, one solution to youth unemployment is simple: Clear away the government-imposed obstacles to hiring young people. They blame high minimum wages, for instance, for discouraging companies from hiring promising young people who haven't had a chance to accumulate the knowledge or experience to justify being paid even the minimum wage. Following that counsel, most European countries, where minimum wages are high relative to average pay, have lower minimums for young workers. (The evidence is that high minimum wages do exclude some young people, while benefiting others by raising their pay.) Likewise, too-strong protections for the permanent workforce can hurt young people because they aren't similarly protected and bear the brunt of downsizing in hard times, the ILO warned in a 2009 report.

Right or wrong, the free-market argument hasn't carried the day: Britain and New Zealand actually raised their minimum wages during the global downturn. And the argument for the negative effect of worker protections hasn't convinced Austria and Germany, which have strong employment regulation and yet have had healthier job markets in the past two years than countries such as the U.S. with fewer worker protections. Thea Lee, deputy chief of staff at the AFL-CIO, argues that unions can't be blamed for high youth unemployment: 'Business likes to have workers with no power, no rights, no protections.'
Regards,

Bill Bonner
for The Daily Reckoning
Blowing Bubbles

The Daily Reckoning Presents

Chris Mayer
Chris Mayer
For now, the earnings narrative dominates the market. All the big- picture items seem not to matter. Unemployment? Who cares? Debt and deficits at every level of government? Whatever. Companies are turning in good profits and the market is uncorking the champagne.

There are reasons to be careful, which I'll get to.

First, on the face of it, we've had a great run. The S&P 500's fourth- quarter earnings, at the halfway mark, were 17% ahead of last year's. Importantly, sales were up 9%. So this is no longer a story of cost cutting. Most everyone is doing well, save utilities and health care companies, which have reported declines in profits as a group. Mining and energy companies are doing especially well, with profit growth north of 40%.

The media don't get how this earnings picture squares with stubbornly high unemployment. I talked to one reporter recently about this very thing. One simple reason for this disconnect is that some of the best sources of profits for many of these firms has been from overseas operations. Many US firms are still cutting jobs, like Boeing and Lowe's. Profits from emerging markets, meanwhile, grow apace.

There are bright spots in the US, too, of course. US manufacturing is getting a boost. Caterpillar will spend $3 billion this year in capital expenditures to add capacity, more than half in the US. And Emerson said it expects US nonresidential investment to grow 8-9%. Eaton, another US manufacturer, actually said it expects its US sales to grow faster than its overseas operations.

US new vehicle sales were up 17% in January. We're at a run rate of 12.6 million vehicles, much better than the 10.8 million run rate of a year ago, but well off the 16 million automakers enjoyed pre-crisis.

So it's a bit of a muddled cherry. As always, you have to pick your spots, which is what we're all about.

A fly in this whole whiskey sour is inflation.

It's definitely here and it's having an impact. Rising costs are squeezing some manufacturers. Whirlpool, for example, said it would boost prices 8-10% to cover rising raw material costs. This sort of thing is rippling across all sectors. Prices are going up everywhere.

Nalco Holding (NYSE:NLC), a world leader in water purification, recently reported disappointing earnings, largely due to rising raw material costs. The stock sold off on the news.

But looking out longer term, the world's need for clean water only grows more acute. Despite the short-term effects of rising raw material costs, Nalco ought to be able to grow core profits at double-digit percentages for years to come. It is a very strong company that generates a tremendous amount of free cash flow - $185 million last year, to be exact.

So if companies as robust as Nalco are feeling the effects of rising prices, run-of-the-mill companies across the country must also be feeling the effects.

In fact, I was fascinated recently by a story in The Wall Street Journal titled, 'Fearing Inflation, Firms Stocking Up.' The story talks about how companies are stockpiling rubber tires, cotton clothing and other goods to insulate themselves from inflation.

Anecdotally, McCormick stockpiled some ingredients for its spices, Anton Sport bought more fabric than it needed, and Monro Muffler bought extra tires and oil.

These purchases are still a small part of overall purchases, but it's a new trend and something we haven't seen in years. For most of the last handful of years, companies tried to shed inventory, not carry it.

But what these actions essentially say is that these firms would rather hold real things than cash.

I think we'll see more of the same. While inflation is here and everyone seems to see it, the central bankers of the US and Europe seem unconcerned. Of course, they have every incentive to continue to let the money presses run.

According to economists Joshua Aizenman and Nancy Marion, inflation did half the work of cutting US government debt from 122% of the economy to 25% from 1945-1973. So with the US government saddled with debts it can never repay, the way out is to debase the currency. Let those printing presses hum and keep interest rates low.

Of course, such money printing also puts in motion great monetary accidents. As the old Austrian economists warned, the new money stimulates investing, but it creates an illusion. It's like giving off signals that there is plenty of gas in the tank when, in fact, it's nearly empty.

These easy-money policies helped create the great housing bubble. And the easy-money policies today will create a big bubble somewhere else, which will turn into tomorrow's bust.

Regards,

Chris Mayer,
for The Daily Reckoning
"

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