This is our Job, Protecting Democracy with Questions!

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.
http://edition.cnn.com/2017/10/20/politics/sarah-sanders-john-kelly-press/index.html

 

After her comments about the propriety of contesting Kelly’s statements caused a stir, Sanders said in an email comment to CNN: “Of course everyone can be questioned. But after witnessing General Kelly’s heartfelt and somber account, we should all be able to agree that impugning his credibility on how best to honor fallen heroes is not appropriate.”
I’ve said it before, but in the wake of Sanders’ fundamental misunderstanding of the role the media plays in a democracy, I will say it again: You can not like the media. Hell, you can hate us.
But don’t ever make the mistake of believing you or our society would be better off if the government got to dictate to the press what questions are asked of people in power. It wouldn’t be.

Deserted Roads as People Watch Dasara

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https://en.wikipedia.org/wiki/Vijayadashami

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 villain Ravana dies today on Dasara/Dussehra

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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

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.

https://en.wikipedia.org/wiki/Rahul_Gandhi

Chariots of Hire

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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.

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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

Panchkula.

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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.

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Raghuram Rajan-Hollywood Avatar in Inside Job

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“.[5]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