BlankPsuedo Economic Boom and India Shinning Game may end soon..!
I am not an economist nor do I put myself in line of intellectuals involved at
feverish pitch to show India's improved by crafting a dream that India is
shinning. All I want to point out is a simple common sense. On a planet of
nearing 7 billion people with we Indians over 1 billions whom these economists
are making fools? Who is shinning ? What is International Monitory Fund? Is not
IMF influenced or controlled by just a few top top rich groups who are pushing
for the global market, NWO, WTO Regime, Extension of NAFTA, GAFTA and Corporate
sector's Governance to achieve more profits for themselves? With their usual
rant on advising India and other country governments of the dangers involved in
slowing down the economy they are only suggesting nations to open up more and
also lure them with huge investments. But we fail to see through the game as
these investments are in no way improving the lives of a poor man in our country
and on the top of it they are suggesting more strict bankrupcy laws..? Do we
know why ? Alas we could compare with some figures of how much more Indians and
Indian government and assets are being placed under bankrupcy? We shall not have
these figures as these are made to remain concealed till on one day we realize
the entire country looks shinning but we, as an individual and as a nation, are
bankrupt and pledged to MNCs and Transnational Corporate, financial institutions
and shall find difficult to shake off the controls that will be posed to us.
More bigger Telgies would control the forune of Indian people.
All this is happening without any talk about the humanitarian role and service
to the people that any governance must provide. Has our government re difined
the rules of corporate governance where the country is being led slowly but
surely?
Let us look for a moment what is happening in USA ! whom our modern day
economists treat as a Model of development:-
Events speak for themselves about the state of the American economy.
The US National Debt is $7 Trillion and US Income is $1 Trillion. Deficit of
America is $0.5 Trillion and interest Rate on Debt is higher than 5% (based on
$128 Billion spent during the fiscal 2004 (taken from public debt treasury
report of US government). Service on debt is fast bringing 100% of the revenue
to go straight from American tax payers pockets to the HOLDERS of American Debt
Instruments and there will be no money whatsoever for any governmental function
in USA. 5% interest on National debt is increasing by 0.25% each year Budget is
held at 1.5 Trillion US Dollars and there is a steady increasing deficit of 500
billion US dollars.
This all is out of control of American Administration and there is nothing
that they can do about it. Alan Greenspan has remained in news again for quite
some time and has seriously been sounding shivering alarms to Americans and its
policy makers. As the conditions exist today Entire battery of intellectuals in
America do not find any other way out but to resort to accumulation of other
country resources, occupation destruction and awarding of billions of dollars of
contracts in name of rebuilding nation to their own select companies.Iran
Afghanistan have been occupied and there is no hope to see US forces and
controls out from there soon. Other countries in queue will be Syria, Iran and
gradually more as they have plans of global domination for resources and
controls. This to me seems to their game plan to improve their shaky economy.
The plan is being put to action vigorously but still it will benefit only a
select group of large corporate tycoons instead of an average american.out
Our leaders in India will not tell us exactly what is happening. All our
Government fiscal machinery seems decided that we are not suppose to know what
in reality is happening.We are Bankrupt and fast becoming more. Government is
sold out to Global Corporate Concept Governance already and no one has guts to
think a new line of action as no one is anticipating dangers. They know how to
cook books and inflate the country out. These self serving lords in government
will make you and me buy petrol and gas at higher prices and will make us pay
service taxes on delayed payment and their inflated rates on products by handing
every Indian a plastic cards..to keep us in oblivion that India is
shinning..they are reaching limits to annex all that we as individual and as a
nation have.
One fine morning the nation will wake up to realize that we missed the train
already and the game will be declared over. Country in shambles, investors
dumbfounded and stock market collapsed as hidden clauses of bankrupcy making
stock-pushing financial programs dumbstruck. The gaudy dress that promoters of
India Shinning wear will not be able to hide the poverty and their helplessness
and they will shout that " this is a global phenomenon.".! The banks will not
open. There may be civil unrest even when more and more people loose.To come
straight to the point - India Shinning groups will be out of business once and
for all. Are we prepared? But what good it will do to us if we wake up only
after loosing everything ?
Our leaders are self serving or too naive to see through the plans being
pushed. The better would have been to not to rush in mad persuit of showing
growth graphs and living with a hollucination that India is becoming economic
power or another superpower. The health of nation is adjudged by the quality of
life that the "Governance" provides to the poorest man in society and not by
merely relying on the statistics that are cooked or related to just less than
10% of entire population. We would have done better if we had allowed the
progress happen slow or even a little painful but in holistic manner. I agree
that the periods of recession are painful but I am sure that recovery is
thousands times better than the manner in which everything is planned pushed and
being implemented now. Our leading brains employ their time and talents in
committing governmental accounting frauds and cooking books for presenting
through the set up media that has only role to serve its masters that are
corporate business clan including media itself.
We as a country of over 1 billion are going to be massive loosers as those
holding the veil will not be able to hold it longer enough. If we can see this
happening and know it is important to do something to find answers to save
ourselves and India, should we not act now? When the dream is over we shall know
in one hour that we are pauper and desolate !
It is time to wake up now..!
Ashok
All wealth belongs to the Divine;and those who hold it are merely its
trustees-Sri Aurobindo
Supreme Happiness in life is the conviction that we are loved
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