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by aqkhan
15 Aug 2010 23:26
Forum: Trash Can Archive
Topic: Independence Day Wishes !!!
Replies: 99
Views: 13936

Re: Independence Day Wishes !!!

Saare Bhaiyo aur behno ko Swatantrata divas ki hardik shubhkamnayein!

Bharat Mata ki Jai!

8)
by aqkhan
29 Jul 2010 03:51
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Actually, the people at the top of the pyramid still come out on top even if there is a deflation. Banks are insolvent to the tune of trillions. If the free market operated as it should, all the high rolling bankers would be selling hot dogs on the streets by now. Parasites in banks & financial...
by aqkhan
28 Jul 2010 08:10
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

So why did Regan remit office with some of the largest deficits that the US had at the time? I know that story he used to say - one can only shake one's head. How many movies were being made at the time in hollywood? Was there under capacity? What was the unemployment rate like? Only a naarcisstic ...
by aqkhan
28 Jul 2010 07:30
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Tax cuts have throughout the entire history of United States led to a booming small businesses some of which eventually grow into big corporations. This is not a one time event. Everybody and their father in the US knows that. Reckless spending was going into Iraq. Afghanistan was necessary, but Ir...
by aqkhan
28 Jul 2010 06:45
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

It does seem to deter quite a few people as was seen by the boom after 2000-01 when Bush proposed the tax cuts. And capital gains covers all investments, not just RE. This is an extremely discredited theory. Correlation does not imply causality. By extension - can one argue that Bush tax cuts cause...
by aqkhan
28 Jul 2010 06:28
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

http://video.foxsmallbusinesscenter.com/v/4294535/expiration-of-bush-tax-cuts-impact-on-jobs-small-business/?playlist_id=87013 http://money.cnn.com/2010/07/26/news/economy/Bush_tax_cuts/index.htm http://www.newsmax.com/Headline/fred-thompson-bush-tax-cuts-economy-newt-gingrich-catastrophic/2010/07/...
by aqkhan
28 Jul 2010 06:00
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Under the Obama plan, the proposed tax increases are by 5% on their personal income and by 20% on capital gains. ok - would the additional 5 % increase in tax scare you from the opportunity to earn over $250,000? Capital gains should be taxed highly. It would discourage idiots from speculating in R...
by aqkhan
28 Jul 2010 05:56
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

So from this statistic it seems three-quarters of 'firms' have no payroll - meaning they are 'self-employed'. So such 'small businesses' do not 'hire' people. So how would an increase in 'income tax' affect their investment or their 'hiring'? Because the ones that do have payroll (firms that employ...
by aqkhan
28 Jul 2010 05:49
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Higher income taxes stifle their ability to expand their businesses or even close it down if it starts being infeasible. There is only so much of hard earned savings that people would like to take risk with. While they can recuperate part of their losses by showing it as an investment loss, its onl...
by aqkhan
28 Jul 2010 05:45
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

There are contradictory analysis on almost every issue under the sun that involves human nature and is not controlled by physical laws. I quote from the census bureau statistics: About three quarters of all U.S. business firms have no payroll. Most are self-employed persons operating unincorporated ...
by aqkhan
27 Jul 2010 22:36
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

The good thing about deflation is it turns this pyramid scheme upside down. Naturally the chief crook at the top is alarmed and wants to right the pyramid back on its base. That system of easy theft of other people's earnings for doing jack sh&t is important to the scheme. Otherwise, banking an...
by aqkhan
27 Jul 2010 22:27
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

This doesn't make sense - if their hard earned money is invested in their businesses - then it is an investment not an income. So the higher income tax does not impact them at all. Unless you are saying most small business owners actually continue to 'earn' their money somewhere else and then open ...
by aqkhan
27 Jul 2010 08:36
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Scenario 1 (of aqkhan) confuses between an income tax (families earning over $200 K) and a business tax (they will stop hiring) - so is probably irrelevant. I agree with the rest of your post except this. You have never started a small business I assume. Small businesses (except in tech and that to...
by aqkhan
27 Jul 2010 06:06
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

What will cause these and what will be the impacts and what is the hedge There are two scenarios under present condition that can cause havoc on the global economy: Scenario 1: US government decides that the tax cuts that were given during the Bush administration is not fuelling spending growth and...
by aqkhan
26 Jul 2010 22:49
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

- Interest rates - Interest rates are a way of the federal reserve banks to control monetary supply to hit the sweet spot between inflation and deflation in an economy. If the federal reserve sets interest rate too low, the banks are flooded with money, so they can lend at low interests to people to...
by aqkhan
21 Jul 2010 21:35
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Double dip looks doubly certain http://www.marketwatch.com/story/double-dip-looks-doubly-certain-2010-07-20 A surprisingly large number of economists now agree that then-Federal Reserve Chairman Alan Greenspan made a tragic mistake. After the dot-com bubble burst in 2000, Greenspan opened the monet...
by aqkhan
21 Jul 2010 03:16
Forum: Strategic Issues & International Relations Forum
Topic: Af-Pak -> Pak-Af Watch
Replies: 4017
Views: 323861

Re: Af-Pak -> Pak-Af Watch

Posting from another forum: These are not my views, but an Afghan's view of what Pakistan's interests are vis-a-vis Afghanistan Afghans live like in hell for the last 30 plus years, but for the first time we heard Taliban name was about 14 years ago. Who were the biggest thread to Afghanistan unity ...
by aqkhan
20 Jul 2010 02:26
Forum: Trash Can Archive
Topic: Indian Railways Thread
Replies: 3937
Views: 463167

Re: Indian Railways Thread

11 years on, still no anti-collision devices http://timesofindia.indiatimes.com/India/11-years-on-still-no-anti-collision-devices/articleshow/6189065.cms For at least 15 years, suburban trains in Mumbai have used an Auxillary Warning System (AWS), which prevents trains from jumping red signals. But ...
by aqkhan
19 Jul 2010 22:34
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

India's population problem is real, and it impacts ordinary people's quality of life by undermining government's ability to deliver services. A glaring example is despite all around growth in the generation of electricity since 1947, today there is only one state that is anywhere close to having a ...
by aqkhan
19 Jul 2010 21:44
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

One of the elephants in the room, something not being mentioned, is the western standards of living have to fall drastically if humanity is to survive the multiple crises facing it. LOL. Western standards will come down automatically if there is serious sustained competition from countries like BRI...
by aqkhan
19 Jul 2010 20:40
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

The population of India is growing at a phenomenal rate. Wrong. http://www.google.com/publicdata?ds=wb-wdi&ctype=l&strail=false&nselm=h&met_y=sp_pop_grow&scale_y=lin&ind_y=false&rdim=country&idim=country:IND&tstart=-315619200000&tunit=Y&tlen=48&hl=en&...
by aqkhan
17 Jul 2010 01:16
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Why U.S. Financial Reform Looks Indian http://blogs.wsj.com/indiarealtime/2010/07/16/why-us-bank-reform-looks-indian/ Passage in the U.S. Senate of sweeping financial services reform Thursday is set to transform the banking and securities landscape in a way that hasn’t been seen since the Great Dep...
by aqkhan
17 Jul 2010 00:11
Forum: Strategic & Security Issues Archive
Topic: Indian Economy: News and Discussion (Jan 1 2010)
Replies: 2858
Views: 382068

Re: Indian Economy: News and Discussion (Jan 1 2010)

Yeah, stupid british people living in the past :rotfl: There is so much difference between British and American journalism! But, we should not pay attention to such idiots anyway. Remember, its the policies and the growth of the country that will give value to the currency, not the symbol, nor these...
by aqkhan
16 Jul 2010 03:59
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

^^^ The bill is an excuse for the banks. They were bailed out by both the administrations; they did not lend as expected. What did they do with the money, huh? They did not even trust each other enough....enuf said. Most of the money went to dilute the red ink (cover losses). Some leftover are bein...
by aqkhan
16 Jul 2010 03:15
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

So right now $7T worth of property is being mortgaged at $11.68T a gap of ~$4.68T? So banks must be making lots of money by not rewriting the loans. In what time period will the $7T equal the $11.68T in mortgages at say 5% growth? If its too long then defaults will increase. It depends. With most b...
by aqkhan
16 Jul 2010 02:55
Forum: Trash Can Archive
Topic: Terrorist Islamic Republic of Pakistan (TSP): July 07, 2010
Replies: 2850
Views: 273791

Re: Terrorist Islamic Republic of Pakistan (TSP): July 07, 2

Bruising spat erupts at peace talks briefing http://timesofindia.indiatimes.com/india/Spat-erupts-at-Indo-Pak-peace-talks-briefing/articleshow/6174188.cms The foreign ministers' meetings between India and Pakistan all but collapsed in a welter of accusations on Thursday. Pakistan steadfastly refuse...
by aqkhan
16 Jul 2010 01:28
Forum: Strategic Issues & International Relations Forum
Topic: Iran News and Discussions
Replies: 3257
Views: 364856

Re: Iran News and Discussions

An Attack on Iran: Back on the Table http://www.time.com/time/nation/article/0,8599,2003921,00.html In late 2006, George W. Bush met with the Joint Chiefs of Staff at the Pentagon and asked if military action against Iran's nuclear program was feasible. The unanimous answer was no. Air strikes could...
by aqkhan
15 Jul 2010 23:37
Forum: Strategic & Security Issues Archive
Topic: Indian Economy: News and Discussion (Jan 1 2010)
Replies: 2858
Views: 382068

Re: Indian Economy: News and Discussion (Jan 1 2010)

it means, the musalman is not happy that Bharat has the devnagri symbol as the symbol for rupee but is trying his best to hide his disappointment instead trying to reveal it through a fake 'survey' done on the streets.
by aqkhan
15 Jul 2010 22:47
Forum: Strategic & Security Issues Archive
Topic: Indian Economy: News and Discussion (Jan 1 2010)
Replies: 2858
Views: 382068

Re: Indian Economy: News and Discussion (Jan 1 2010)

That's a blog by a musalman, trying his best to not appear biased but has fire under his behind :rotfl:
by aqkhan
15 Jul 2010 21:53
Forum: Strategic Issues & International Relations Forum
Topic: West Asia News and Discussions
Replies: 12577
Views: 719767

Time: An Attack on Iran - Back on the Table

An Attack on Iran: Back on the Table http://www.time.com/time/nation/article/0,8599,2003921,00.html In late 2006, George W. Bush met with the Joint Chiefs of Staff at the Pentagon and asked if military action against Iran's nuclear program was feasible. The unanimous answer was no. Air strikes could...
by aqkhan
15 Jul 2010 20:56
Forum: Strategic & Security Issues Archive
Topic: Indian Economy: News and Discussion (Jan 1 2010)
Replies: 2858
Views: 382068

Re: Indian Economy: News and Discussion (Jan 1 2010)

Actually, if you look at ToI video coverage, someone there asked if Tamilnadu will oppose this symbol!

Its pretty stupid, however, I agree that nothing significant will happen.
by aqkhan
15 Jul 2010 19:49
Forum: Strategic & Security Issues Archive
Topic: Indian Economy: News and Discussion (Jan 1 2010)
Replies: 2858
Views: 382068

Re: Indian Economy: News and Discussion (Jan 1 2010)

If GOI starts using it and Indian corporations start using it, it will eventually be picked up by software and keyboard makers very soon. I doubt GoI has to enforce it.
by aqkhan
15 Jul 2010 19:46
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

I see the situation as hopeless for US and China. They are locked into a gravitational decaying orbit around each other, eventually colliding into each other.

I for one am glad, we're doing things at our own pace now! :lol:
by aqkhan
15 Jul 2010 11:58
Forum: Trash Can Archive
Topic: Indian Space Program Discussion
Replies: 3966
Views: 697769

Re: Indian Space Program Discussion

Chandrayaan followed by a suffix is good enough. Thank you very much! :lol:
by aqkhan
15 Jul 2010 10:34
Forum: Strategic & Security Issues Archive
Topic: Indian Economy: News and Discussion (Jan 1 2010)
Replies: 2858
Views: 382068

Re: Rupee gets its symbol

There is some danger that it might be confused with the number 2 if the horizontal bar is not pronounced but that's the only down side. It should not be confused with the number 2 at all. The lower stem in number 2 is horizontal, while in the symbol, the lower stem is inclined at a 45 degree angle.
by aqkhan
15 Jul 2010 09:38
Forum: Strategic & Security Issues Archive
Topic: Indian Economy: News and Discussion (Jan 1 2010)
Replies: 2858
Views: 382068

Rupee gets its symbol

http://static.indianexpress.com/m-images/Thu%20Jul%2015%202010,%2003:22%20hrs/M_Id_162654_front.jpg The jury has given its verdict: the rupee will retain its Indian character with an international flavour. The five-member panel has chosen IIT post-graduate D Udaya Kumar’s design from among five sho...
by aqkhan
14 Jul 2010 23:16
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

It'll be funny to watch US citizens travelling in buses and trains more and more while living in rental accomodations competing with Indians and Chinese in both blue-collar and white-collar jobs if the dollar is indeed devalued or is dethroned from being the worl'd reserve currency :lol:
by aqkhan
14 Jul 2010 15:20
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Good video on the current economic crisis



Watch on youtube for the remaining parts (1-6).
by aqkhan
14 Jul 2010 01:04
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Housing prices in US are supposed to fully bottom out by 2013. Buying now is a folly, IMO.
by aqkhan
06 Jul 2010 10:27
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown (Jan 26 2010)
Replies: 3870
Views: 404370

Re: Perspectives on the global economic meltdown (Jan 26 201

Growth arises when people see something worthwhile investing in and then they invest. Growth does not come from some joker sitting at the top fiddling around with interest rates, counterfeiting money or getting people to spend wastefully. Wake up and clue in, that's what caused the crisis. All the ...

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