
Thursday, May 27, 2010
Iran - All (Nu)Clear

Wednesday, October 28, 2009
Obama - The Confused Schoolboy

Frankly, Obama is starting to bring back memories of Bush for me. The former president was so distracted that he took off on vacation whenever he had to deal with something (Bush spent 1020 days - 35% of his presidency on vacation). With Obama it’s starting to look the same now. We don’t see him in public often anymore and no one knows what he is up to. It’s going to be a year and the president has literally done nothing except talk or he really has to rethink his communication strategy to the American people.
Iran and North Korea are freely testing missiles and showcasing their nuclear technology. Heck, Iran even has a second secret nuclear facility and is dangerously coming close to declaring itself as a nuclear power. While Obama has been saying he is open to talking to Iran, they are busy testing missiles and upgrading their military. Looks like things have gotten worse. Where is the change?
What is surprising me is he is putting off making real decisions that may actually have positive impacts. There are so many czars in his administration that no one knows what the other is doing and the public is frankly clueless. He may have a talent for giving soul stirring speeches whenever his ratings fall, but he seems to be all over the place from government meddling in the housing market to the auto industry to the financial markets to the banks to the never ending Fed printing presses, to the educational reform attempts to the bailouts.
Obama needs to GET OUT of the business of business. The government needs to be the referee, not another player... and its time to actually make some changes, especially with the elections coming around next year. If Democrats lose control, forget it, the only change that is going to happen in Washington is Obama going from a president to a lame duck president.
Thursday, November 6, 2008
Go(O)bama

Monday, August 11, 2008
Hasta La Vista…Musharraf!!!

After months of going back and forth, the Pakistani ruling coalition has began its crucial session and seem to be getting ready to impeach Gen. Musharraf for alleged misconduct, violation of the Constitution and financial irregularities and any other charges they can tack on to ensure that he is voted out. Although Musharraf has vowed to slug it out in parliament, he is expected to step down voluntarily as there are rumors of secret negotiations to give him immunity from prosecution if he does so.
The government has been mulling this move for months as Zardari and Sharif have been at loggerheads as to how to proceed with the impeachment process. Zardari’s and Sharif’s cooperation is purely driven by political missteps on both sides. PPP has historically been anti-army and once Zardari decided to work with the general at America’s urging, he immediately drew criticism. Sharif seized the opportunity and took an anti-American stance and boosted his popularity at home. The only thing they have in common is the mutual hatred they share for the general. Musharraf threw Sharif out of the country in 1999 and imprisoned Zardari for 6 years before letting him leave the country in exile. So they both have come together now realizing the only way both can survive is by ousting Musharraf first before they can get into the boxing ring to fight each other. The general for his part did not help himself by starting a war in his own backyard by asking the military to kill his own countrymen. This has made him so unpopular that Washington has decided to step back realizing that they cannot support him anymore for the risk of alienating the democratically elected government. At least a working relationship with the new government would be better and is necessarry for the US considering bin laden is probably holed up somewhere on the borders of Pakistan.
The impeachment is a numbers game. Both houses of the Pakistan’s parliament have a combined strength of 442, and the motion will have to be passed by a two-thirds majority or 295 members. The coalition claims to have enough numbers but the result will depend on the independents who could be swayed by the ISI. Though the army chief is Musharraf’s handpicked successor, it is unlikely he will intervene as he too has realized that any army intervention will only make Zardari and Sharif stronger.
At this point, it looks like Musharraf will be packing his bags and heading out of Pakistan...for good!!! The US may try to ensure he gets out of the country without facing any treason charges. Incidentally, the impeachment proceedings against Musharraf have been initiated on his birthday.
I am sure Bush must be saying Hasta La Vista…Baby!!! Or at least thinking of it.
Wednesday, July 30, 2008
The 7 Year Talk (That Failed)

The issue at hand was simple. Developing countries like India and China were asked to reduce tariffs on agricultural and industrial goods, which in turn would allow developed countries like the US, France and Britain to gain access to these markets. India and China however wanted a safeguard clause that would allow them to raise the tariffs in case there was a sudden surge in imports which would threaten their farmers in the domestic market. The US wanted to set the trigger at 40% while India and China wanted it to be set at 10%. No one could agree on the SSM (Special Safeguard Mechanism) and the talks broke down.
The criticism may sting, but the two Asian giants are not likely to succumb to overseas pressure. Both countries enjoy high economic growth, thanks to overseas demand for their manufacturing and outsourcing services. One fact that no one is talking about is that in 2003, the US did the same thing i.e. they invoked a so-called “safeguard” rule to prevent an increase of Chinese textile imports that threatened to put the US manufacturers out of business. So when India and China now want the same safeguard clause, the US is refusing to accept the Chinese and Indian position. Indian and Chinese leaders also have to worry about economic hardship of their farmers as they have struggled to compete against imports from the U.S. and other countries. It's interesting that China and India are being blamed for the failure of these negotiations - the real culprits are the massive farm subsidies in the US and Europe. The playing field is heavily biased in favor of developed nations which give out subsidies to their own farmers while trying to pry open markets in poorer parts of the world. The Americans and Europeans were pretty much asking weaker countries to dismantle their own protection measures without doing the same in their own countries. I'm glad India, China and Brazil had the clout to say no.
While the US has a mere 2% of its population who are farmers (and even they are rich), India has more than 50% of its population doing agriculture and earning less than $2 a day (There are 700 million people who directly or indirectly depend on agriculture in India).China has approx. 500 Million people living in countryside with no basic amenities. Lowering tariffs and giving subsidies will pretty much bring more than half the population in these countries to their knees.
America having the biggest economy in the world was making its own rules through the WTO and was changing them as they saw fit. Again, nothing wrong with that but as China and India builds a larger economy, expect them to do the same.
Friday, July 11, 2008
Iran and Its Missiles

Thursday, July 10, 2008
Oh Barak!! Are You Running to the Center?

But as both Omaba and McCan try to appeal to the idependents, both are reversing or flip-flopping (Since that seems to be the popular term) on almost all of their policies on which they won the primaries. However, it is Obama who is beating McCain to the punch as he is moving so quickly to the center that he has irked some of his supporters, well actually a lot of his supporters.
In the primaries, Obama supported pulling out of Iraq, called the DC gun ban constitutional, backed the subjection of telecom companies to extensive lawsuits if they cooperated on terror surveillance program, opposed welfare reform, criticized free trade deals and pledged to renegotiate NAFTA and fiercely opposed it and was strongly against the death penalty.
However, he has now almost taken a different path and deviated on all his own stances. He told Fortune magazine he believes in free trade and does not want to overturn or pull out of NAFTA. On Iraq, Obama said that his upcoming trip there might lead him to refine his promise to quickly remove U.S. troops from the war and he will now listen to the general (we all know how that goes). Obama also extended his support for the government's eavesdropping program as the spy bill passed the senate today. After the Supreme Court overturned the District of Columbia's gun ban, he said he favors both an individual's right to own a gun and government's right to regulate ownership and declared himself a "supporter of the Second Amendment". Obama also became the first major- party candidate to reject public financing for the general election after earlier promises to accept it. He not only embraced but also promised to expand Bush's program to give more anti-poverty grants to religious groups, a split with Democratic orthodoxy. The most surprising stand was when he objected to the Supreme Court's decision outlawing the death penalty for child rapists, drawing attention to his support for the death penalty if used only for the "most egregious" crimes.
With today's gallop poll showing Obama leading with just 48% - 43%, I think he may be risking his reputation for truthfulness. If he loses his reputation, he certainly does not have time to gain the voters trust with just 3 months before they go to poll.
Tuesday, July 1, 2008
Time to Wake Up Mr.PM

The weak central government, which is run by an uneasy coalition between the Congress Party and the Left Front, is solely contributing to the unrest where prices are spiraling out of control and it is getting more and more difficult for the comman man to afford anything really. The inflation has jumped to 11.42% and the prices of food and manufactured products and the govt is unable to take any steps to control it...just blaming rising global oil prices. For five years starting from 2007, the Planning Commission has targeted Indian economy to grow at 9% with the last year delivering a growth of 10% . The current rise in inflation and high interest rates have already left a dent on the industry and the production growth rate of the country has substantially slowed down in the past four months. Inflation was at a modest 3% at the end of the year 2007, and is at present hovering over 11 per cent mark, the highest level in 13 years. This year the forecast for economic growth or GDP has been reduced to 7.3%.
The rising corruption is an new issue altogether that people are being forced to deal with. The 'India Corruption Study 2007', brought out by NGOs Transparency International India (TII) and Centre for Media Studies (CMS), found that about one-third of Below Poverty Line (BPL) households in the country bribed officials to avail a total of 11 services -- from police to PDS. According to the survey, which covered 22,728 households in all states and Union Territories, Rs 8,830 million (Rs 883 crore), in all, was estimated to be paid as bribe by BPL households last year. Its a shame that government officials take bribe from people who cant even make a decent living.
The Govt also has failed on the policy front. With the only aim of staying in power, the govt is totally dependant on all its so called coalition partners who all seem to be more keen on opposing everything that the govt does and threatening to pull out of the coalition. It is sad to see that the politicians are more keen to stay in the headlines rather than tackle the real problems that the country is facing. It has become amusing to read about the nuclear deal and what every party has to say about it. Indeed Mayawati from BSP took the cake when she said the deal is' Anti-Muslim'. Not sure what the deal has to do with religion but it proved there is no end in sight if Mr.Singh wants to please every tom dick and harry in the country before he actually acts. The PM, instead of leading the country is begging the various party leaders for permission to conduct the affairs of the state.
Time to wake up Mr.PM and do something real for the country, even if it means you lose support from your so called coalition partners. The drubbing you have taken in the last 4-5 states should tell you that people are in no mood to put up with the games the Congress is playing.
Wednesday, June 18, 2008
Talking about Inflation!!

But India is not the only nation grappling with rising inflation. Even people from wealthy countries are crying everyday over ever increasing prices of bread and vegetables. However, they can all thank their lucky stars cause they are sitting pretty compared to Zimbabwe.
355,000%!
No, it is not a typo. The inflation in Zimbabwe for the month of March/April 2008 rose to 355,000%! Yes, 355,000 per cent! It more than doubled from the February/March figure of 165,000%. Currency traders ceased operations last week on Thursday and Friday because of the free fall of the ZWD and annual inflation certainly exceeded 2 million percent.
It is indeed a miracle that the Zimbabwean economy is still surviving as the prices seem to be rising to unprecedented proportions. Inflation surged between February and March following the sudden rise in money supply that flooded the economy to finance the 2008 elections.
The economy is in real free fall right now as inflation accelerates rapidly making life almost unbearable. It is predicted that by the end of the month, prices could be doubling everyday. Almost 80% of the nation is unemployed. The Zimbabwean central bank has introduced $500 million bearer cheques (or currency notes) for the public, and $5 billion, $25 billion, $50 billion agro-cheques for farmers. As the consequence of this devaluation, huge anomalies are developing in the system and prices, charges, service fees, etc can be dramatically lower than the next simply because the organizations have not had time to adjust their costings or figures.
Mr. Mugabe has certainly upped the ante by coming out and publicly saying he will not give up power even if he loses. He has openly promised 'War' if the opposition wins. That indeed poses serious questions as to weather the economy can be contained anytime soon. A sausage sandwich sells for Zimbabwean $50 million and a 15-kg bag of potatoes cost Zimbabwean $260 million.
Phew!!!
Wednesday, May 7, 2008
And the Campaign Continues...

Oh..what a difference a week makes. April 28 was only last week but it feels like ages ago. That was the day Obama got hit by a one-two punch. First, his former pastor dominated the airwaves with his offensive rant. The same day brought news that Hillary had decided to join McCain in calling for a summer gas tax holiday, sure to be popular with voters angry about high costs at the pump. But in the end Obama seems to have come out on top as he took a more rational principal stand on the gas tax issue backed by the countries economists and made Clinton look like a political opportunist as she aligned with McCain.
Well, with only 6 contests remaining and a reducing pool of voters to help Clinton, there are potentially no more game changers left to turn the tide in her favor. Last night's results were decisive on their own: They offered Clinton her last, best chance to turn the tables on her rival, and she didn't even come close. To be sure, Obama is still struggling to win some demographic groups, notably blue-collar white voters, who are a key component of the Democratic base.
The pressure is on Clinton now to convince the super-delegates, who are the only ones who can change the game, why she is better than Obama. With a lead in pledged delages, popular votes, number of states won and caucuses, Obama seems too close to the finish line not to win the nomination. And last nights results diminished Clinton's rationale for urging Democratic superdelegates to override all his leads and give the nomination to her.
Well, the campaigns may continue, however it looks like the contest is over!!
Wednesday, July 11, 2007
Big Trouble in Little China
China has started shaking the world with its prowess in manufacturing, On paper, everything looks great and it looks like China is all set to take over the world.
Not so soon my friend. China's problems are just beginning. It has certainly made the world take notice, no doubt. But just as people are starting to look at China, they are realizing the enormous problems that come in dealing with a country whose government is as mysterious as its culture. Not all is rosy. China has serious problems with its environmental resources, severe pollution, and institutionalized corruption within the government, the legal system, the police force, and the media.The Chinese culture maybe 3000 years old, but the Country has opened up only in the last 30 years. China has gone on a mass industrialization rampage and the unfortunate side effect has been the startling revelations of the food scandals (among others) and how China cuts all corners with obvious disregard to quality and human life.
Shoddy products being manufactured in china has emerged as a global concern, with many countries increasingly worried by the dangers of importing products from China. As more and more embarrassing stories come out, the country is scrambling to (or at least claiming) show the world that it was serious about improving the safety of Chinese products and is a responsible player. So they did something interesting this week.
China executed its former top food and drug regulator on Tuesday for taking bribes.
It is a bit extreme, or is it??? China carries out more court-ordered executions than the rest of the world combined, according to human rights groups.
However, what has come as a bigger shock is, while the country is answering its buyers, news that their own high-speed maglev train, running between Wuhan and Guangzhou ...well, seems to have a few problems has sent the bells ringing. So relax, they are screwing themselves too.
And me worry?? Nah, we have just seen the tip of the iceberg. There is still a long way to go!!!
Friday, July 6, 2007
Indian Presidential Race

Left: Shivraj Patil??
Kalam: I will continue….I will continue….
Right: Sherkhawat??
Kalam: Can I continue for god’s sake??
Left: Laloooo??
Kalam: I will continue The presidents office needs a good statesman
Right: What about Amitabh or Rajini??
Kalam: Ok, I am quitting the race now
Left: Ah, Pratibha Patil then?
Right: Perfect choice. She is old, cluesless, talks to spirits and is totally under the control of “The Madam”.
It is interesting to see that the one person who cannot be at the helm of the country (henceforth "The Madam"), still undoubtedly wields the power that no Indian has. I am actually not surprised that the presidential candidate is someone whom the madam has personally recommended and there is just really one reason she has been picked - She is a staunch Gandhi/Nehru family loyalist and thereby has proved her worth to the highest office of the nation. WHAT!!!!!!
As sad as it may sound, all the numbers look good for Pratibha Patil and she is well on her way to create history (on paper) to become the first woman to hold the country's highest office (does not matter she will do nothing while in office).
Neither is she a political heavyweight nor have Indians heard of her before her name started doing the rounds. Sure, her credentials include her brother being accused of murder, she has defaulted more than 17 crores loan out of a bank, she is a defendant is a class action lawsuit and has swindled 5 crores from a trust she was responsible for. But come on, what are her real qualifications? What has she accomplished in Indian politics? Has she shaped or framed any policies which have been implemented? What has she done for Indian politics apart from being a do nothing cabinet minister?? Does she have any influence over other political heavyweights? Has she driven economic or other development in her state?? Can she accomplish anything at all in the 5 years she willl be in office?
Sadly, the answers seems to elude everyone and I for one am shocked how all the parties are engaging in dirty politics to ensure their candidate wins at any cost. Considering the fact that it is Abdul Kalam's shoes that she is going to fill, it almost makes me cringe that while Kalam has openly said he is ready to take on another term, he surprisingly has won very few friends supporting him (Go Jayalalitha!!). While the people of the country overwhelmingly want him to continue (polls indicate he has 80+% support of the country), it means nothing.
Here is a fact which is known to very few people. The President of India is elected by the ruling party. Not the people of india, not the educated man, not the masses, not the people who help elect the government. Just a few people in the ruling party, in this case the madam, single-handedly, has the power to select the president of the country to represent more than a billion people. Ridiculous huh??
Just when India is entering the most important economic phase in history, just when the entire world is turning its eyes towards India, it is indeed sad to see the so called largest democracy showing the world how the political games are played and in a strange way proving that the people's opinion (actually a billion opinions) dont really count. This presidential election will no doubt go down as one of the murkiest in history and very few indians are genuinely going to be able to respect their president for the next 5 years.
Heck, it is public knowledge that Pratibha Patil was not even Congress' first choice as a candidate, but I guess the only qualification that one requires in order to rise to political prominence in India is keep sucking up to the Ghandhi family all your life and maybe, just maybe when you are turn 70+, you can become the President or even the Prime Minister of India.
Friday, June 29, 2007
Go Ahead, Jump the Fence!!!


I am not getting into the details of the bill (and the 100’s of amendments everybody wants), but some of the important points for everybody to consider before they oppose is:
- The 12 Million undocumented workers can come forward immediately and receive probationary legal status (What is there to oppose in that??? Hey, if I had 12 million people in my backyard, and I don’t even know where they, you bet I want to know who/where they are)
- Bill creates a four-year, renewable "Z" visa for those present within the U.S. unlawfully before Jan. 1, 2007
- Undocumented immigrants may adjust status to lawful permanent residence once they pay $5,000 in fees and fines and their head of household returns to their home country.
- No green cards for "Z" visa holders will be processed until "triggers" for border security and workplace enforcement have been met, estimated to take 18 months.
- Processing of green cards for holders of "Z" visas would begin after clearing an existing backlog, which is expected to take eight years. (which means, it will be at least 15 years before these people get green cards and 20 years before they can become American’s). Heck, many of them won’t even be alive in 20 years.
And before any of these people can apply to become Green Card holders, the border security must be enforced (This part is especially for people who oppose, so take your heads out of your A$$ and listen):
- 20,000 new border patrol agents will be hired and 300 miles of vehicle barriers and 370 miles of fencing along the U.S.-Mexico border will have to be completed.
- All that ground-based radar, camera towers, unmanned aerial vehicles and supporting systems etc. will be funded and implemented.
So in essence, border security will be enforced before any of the undocumented (ok, illegal) people can be granted permanent residence.
Once border security has been enforced, a guest worker program will be established (“Y” Visa), under which people can come in LEGALLY to work in the United States.
Still opposing the bill????
The fact is these people contribute to our economy (or its probably a wash, depending on how you look at it), but if we legalize them, it certainly gives hope to millions. And come on, the US has its lowest level of unemployment (hovering around 4%), and we have managed to absorb 12 million workers into the country. All senators talk about strengthening border security and building a fence and then legalizing, but what I don’t get is, that’s what this bill states, then why are you opposing? Do you think that by putting if off, you have solved the issue??
Fact: 13 million people will actually contribute to the economy (TAXES!!!! I am sure the IRS is a strong supporter of the Bill)
Fact: All of these people (X or Y Visas), will have to undergo background checks and criminal checks, so we can actually catch the guys who are committing crime
Fact: You can actually control crime, including stopping drug smuggling (Hey, you at least know where they are, so go and catch them)
Fact: If people have hope and they will try and come here legally, (ming chu will not be coming in a container and Immanuel will not jump the fence risking their lives as a first resort), and we might actually be able to control the flow of people we cannot trace.
Fact: You have just messed up a CIR amendment on stopping the H1-B and L1 visa abuse (Too big a topic for discussion on this one)
Fact: The heavily Latino underclass of unskilled, poorly-paid U.S. workers will be free from the shackles of unequal treatment as a human beings. (You can deny it, but it is happening!!)
Fact: There will be millions more coming in illegally before you address this issue again.
American’s get so emotional when it comes to this issue that they fail to see rational benefits if the bill is passed. I am not blindly defending the bill, of course its perfect by no means, but it’s the most realistic bill I have seen in recent years, which can actually work. Right now, the system is broken and beyond repair (trust me, we are coming back to this issue when the 13 mil becomes 25 mil) and at the very least, this bill creates a system where we can control the flow and reduce crime.
All the conservatives are bloating that they have a victory in defeating the bill. But my friends, trust me, by killing the bill (thereby the debate to see if it’s good or bad), do you know you have just told all the people looking to come here for a better life .“You want to come to the USA, great, but wait, we have just made it complicated to come into the US the right way if you are not educated, so go ahead Pablo, just come here illegally, its much easier”
Myth: Illegal aliens cost the American taxpayers tens of billions of dollars in social services, primarily in the areas of healthcare and education. No they do not. Go back again and check your facts.
Final Fact: These people are going nowheres Jose.
So you can either let them pay taxes and live here legally in peace, or encourage them to jump the fence.
But wait, Oh Ok…Apparently we just told them to jump (sigh!!)
