Saare Bhaiyo aur behno ko Swatantrata divas ki hardik shubhkamnayein!
Bharat Mata ki Jai!
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- 15 Aug 2010 23:26
- Forum: Trash Can Archive
- Topic: Independence Day Wishes !!!
- Replies: 99
- Views: 22010
- 29 Jul 2010 03:51
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 28 Jul 2010 08:10
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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 ...
- 28 Jul 2010 07:30
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 28 Jul 2010 06:45
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 28 Jul 2010 06:28
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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/...
- 28 Jul 2010 06:00
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 28 Jul 2010 05:56
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 28 Jul 2010 05:49
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 28 Jul 2010 05:45
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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 ...
- 27 Jul 2010 22:36
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 27 Jul 2010 22:27
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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 ...
- 27 Jul 2010 08:36
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 27 Jul 2010 06:06
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 26 Jul 2010 22:49
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 21 Jul 2010 21:35
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 21 Jul 2010 03:16
- Forum: Strategy, Politics & International Relations Forum
- Topic: Af-Pak -> Pak-Af Watch
- Replies: 4017
- Views: 519011
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 ...
- 20 Jul 2010 02:26
- Forum: Trash Can Archive
- Topic: Indian Railways Thread
- Replies: 3937
- Views: 722635
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 ...
- 19 Jul 2010 22:34
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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 ...
- 19 Jul 2010 21:44
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 19 Jul 2010 20:40
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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&...
- 17 Jul 2010 01:16
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 17 Jul 2010 00:11
- Forum: Strategic & Security Issues Archive
- Topic: Indian Economy: News and Discussion (Jan 1 2010)
- Replies: 2858
- Views: 559576
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...
- 16 Jul 2010 03:59
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 16 Jul 2010 03:15
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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...
- 16 Jul 2010 02:55
- Forum: Trash Can Archive
- Topic: Terrorist Islamic Republic of Pakistan (TSP): July 07, 2010
- Replies: 2850
- Views: 435042
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...
- 16 Jul 2010 01:28
- Forum: Strategy, Politics & International Relations Forum
- Topic: Iran News and Discussions
- Replies: 3300
- Views: 579003
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...
- 15 Jul 2010 23:37
- Forum: Strategic & Security Issues Archive
- Topic: Indian Economy: News and Discussion (Jan 1 2010)
- Replies: 2858
- Views: 559576
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.
- 15 Jul 2010 22:47
- Forum: Strategic & Security Issues Archive
- Topic: Indian Economy: News and Discussion (Jan 1 2010)
- Replies: 2858
- Views: 559576
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
- 15 Jul 2010 21:53
- Forum: Strategy, Politics & International Relations Forum
- Topic: West Asia News and Discussions
- Replies: 12577
- Views: 1321311
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...
- 15 Jul 2010 20:56
- Forum: Strategic & Security Issues Archive
- Topic: Indian Economy: News and Discussion (Jan 1 2010)
- Replies: 2858
- Views: 559576
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.
Its pretty stupid, however, I agree that nothing significant will happen.
- 15 Jul 2010 19:49
- Forum: Strategic & Security Issues Archive
- Topic: Indian Economy: News and Discussion (Jan 1 2010)
- Replies: 2858
- Views: 559576
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.
- 15 Jul 2010 19:46
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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!
I for one am glad, we're doing things at our own pace now!
- 15 Jul 2010 11:58
- Forum: Trash Can Archive
- Topic: Indian Space Program Discussion
- Replies: 3966
- Views: 960758
Re: Indian Space Program Discussion
Chandrayaan followed by a suffix is good enough. Thank you very much!
- 15 Jul 2010 10:34
- Forum: Strategic & Security Issues Archive
- Topic: Indian Economy: News and Discussion (Jan 1 2010)
- Replies: 2858
- Views: 559576
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.
- 15 Jul 2010 09:38
- Forum: Strategic & Security Issues Archive
- Topic: Indian Economy: News and Discussion (Jan 1 2010)
- Replies: 2858
- Views: 559576
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...
- 14 Jul 2010 23:16
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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
- 14 Jul 2010 15:20
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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).
Watch on youtube for the remaining parts (1-6).
- 14 Jul 2010 01:04
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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.
- 06 Jul 2010 10:27
- Forum: Trash Can Archive
- Topic: Perspectives on the global economic meltdown (Jan 26 2010)
- Replies: 3870
- Views: 621172
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 ...