A startlingly Utopian life awaits expatriates in modern Dubai. It is a hub of global corporate and trading enterprises. It has an amazing life style to offer. It has law and order, clean beaches and a system that works. Dubai is the place to head to if you are seeking a change in lifestyle. The added bonus is the tax free status of incomes earned here. People love that 30% jump in income because of the tax free status.
Is this dawn or dusk for India? Are we coming or going? Are we being led by the nose by slogans?
That is what the Press is there for; a watchdog for citizens; No one should resent the asking of questions from the Press instead spokespersons should sincerely come up with the truth because obfuscating can only last a short while. The truth will out eventually.
This is an example of the religious zeal in India. Two decades ago when the story of Rama was telecast as Ramayan on Sundays the streets would empty similarly as people sat down in front of televisions to watch the religious/mythological serial show.
Ten Headed Ravana will go up in flames with a lot of fireworks. Children love this festival of Dasara or Dussehra. It represents the victory of good over evil. These effigies are really miniatures of the large and giant Ravana, Kumbhakarna and Meghnada burnt in big cities like Delhi and Chandigarh. These are characters from the well loved story of Rama as found in the Ramayana.
Letter to Rahul Gandhi
The interview at Berkeley by Rahul Gandhi will/should be a turning point for the Congress Party in India. For years I have watched Rahul and been dismayed at his anger. It is my wish to advise him to follow the role model of his father. His father was a soft-spoken gentleman who carried on the learned Western influenced tradition of his grandfather.
In our times we Indians have become so Vedic as to suspect everything Western. Knowledge does not have any nationality. If we can build Airports and flyovers copying the west why this taboo on things western.
Anyway I digress. The Congress party has right now no choice but to have Rahul as their leader. It is for Rahul to become a national leader. He has to change his persona. He has to become and merge into his father. That is the way he will be able to charm the people.
We have had enough of this Madaari show. This autocratic method of ruling is not acceptable for Indians who love old fashioned democratic traditions. Bulldozers, loudspeakers and fascist rallies are abhorable.
Free electricity is a last resort. It was the trademark of doomed Badals. The death knell has sounded. It is for the Congress to rise up now out of the ashes. If this young man will only listen to this old man he will be able to defeat Goliath.
Drummers announce the arrival of the Gods!
The festive season is here in India particularly in the North where
Diwali (Hindu equivalent of Christmas) is a month away.
Here we can see characters from Ramayana, the story of Rama, who is considered the ideal man and ruler from mythology.
The story of Rama is dramatized in plays held in prominent places in various cities. This
is called Ramlila or the Story of Rama. Here we see the characters from the play being
introduced to the general public by taking them on a victory parade through the town of
The Gods here are seen riding modern chariots in the form of tractors. Crowds stood around in awe as these gods passed by their shops and homes.
Raghuram Rajan- The Hollywood Avatar
By International Monetary Fund – 2004 Spring Meetings, IMF, 69MS040421048l.jpg, Public Domain, https://commons.wikimedia.org/w/index.php?curid=5633480
We Indians have a penchant for hounding out talent from our midst. It is no surprise that our best people migrate to the US and win accolades whereas they are treated badly while they are here. A prime example is the former Reserve Bank of India Governor Mr. Raghuram Rajan.
Imagine my surprise to see him being interviewed as the chief economist of the IMF and this interview is used in an eye opening documentary movie-Inside Job about the Financial crash of 2008 centered around the subprime loans.
It would be heartening to know for Raghuram Rajan’s supporters that he was the whistleblower on these dangerous loans which led to the demise of Lehman Brothers. Of course no one listened to him. Today it is so encouraging to know that we have such honest talent lurking in the sidelines willing to help the nation.
The narrator of the movie is Matt Damon and it is a very precise inquisitive documentary which should not be missed by anyone who is even a least bit interested in the world of finance and its spinoffs like dangerous derivative trading.
And if you are prone to taking the recommendations of Credit Rating Agencies seriously then have a look at this movie. Millions of dollars are spent by companies for esoteric but money making reasons to boost their own ratings so caveat emptor–buyer beware and forget the ratings read the balance sheet but that too with a pinch of salt.
“At the Federal Reserve annual Jackson Hole conference in 2005, Rajan warned about the growing risks in the financial system and proposed policies that would reduce such risks. Former U.S. Treasury Secretary Lawrence Summers called the warnings “misguided” and Rajan himself a “luddite“.However, following the 2008 economic crisis, Rajan’s views came to be seen as prescient and he was extensively interviewed for the Oscar-winning documentary Inside Job(2010).”–https://en.wikipedia.org/wiki/Raghuram_Rajan
Waking up at 4.30 in the morning can have its advantages. The moon and the quiet. Also if you are lost the morning star marks true East.