Bharat Rakshak

vsudhir

To recast an old filmi line...... Khan-oon ke haath bahut lambe hote hain, kalia IRS "Turning Over Every Rock" to Raise Revenue: Obama Targeting Overseas Assets Faced with massive deficits and dwindling tax revenues, the U.S. government is "turning every rock it can over to find as mu...

vsudhir

Interesting comment from a D&G blawg. The Federal Reserve Bank is run by the NY Fed. The powers behind the NY Fed are Goldman Sachs, JP Morgan and GE. William Dudley, the President of the NY Fed, prior to joining the Fed in January 2007, was a partner and managing director at Goldman, Sachs &...

vsudhir

chalo bhai, aaj ka D&G entree... When Will The Recovery Begin? Never The so-called "green shoots" of recovery are turning brown in the scorching summer sun. In fact, the whole debate about when and how a recovery will begin is wrongly framed. On one side are the V-shapers who look back...

vsudhir

Wonderful 6 page article in Der Spiegel on the man who got it right way back in 2003. The man nobody wanted to hear The corridors of the BIS headquarters buildings are lined with retro white leather chairs and sofas from the 1970s. The round table where the delegates address the problems of the glob...

vsudhir

While all this hope and change for PRC's oppressed minorities is very nice, I doubt any minority has a real shot at challenging PRC territorial consolidation. The PRC can and will wipe out, as in programmed genocide, the entire popn of the irksomes to catch the 2% of armed revolutionaries among them...

vsudhir

They are finished here. The real trouble now is between the islamists and everyone else, and I do mean everyone. How is that possible? Islam is only 3% of UKstani population, is it not? That too concentrated in some urban ghettos, no? And watched, infiltrated, manipulated constantly by the likes of...

vsudhir

Markets mayhem puts spin on statistics Year-on-year changes in exports – which is how many statistics offices present their updates and what newspapers usually report – do tell a depressing story. Until the end of last year, Chinese exports came in every month 20-30 per cent higher than a year earl...

vsudhir

I have written before, that Taslima should have been solidly protected, and offered asylum, citizenship or residence with full rights. If there was suficient show of anger by the non-Muslims in her favour, the GOI would have been forced to follow. The ideological vacuum has sapped us so much that w...

vsudhir

Book excerpt of the classic "Grapes of Wrath" in the Guardian

Not for the faint hearted.

vsudhir

The Turks have of course the moral high ground in raising their voice at PRC's disgraceful handling of its alleged internal affair..... Turkish handling of the Armenian uprising remains to this day a textbook example of grace, finesse, compassion and humanity. It is only fitting they raise their voi...

vsudhir

China passes USA auto market in first-half sales

vsudhir

But isnt it pot(Citigroup) calling kettle(AIG) black? Not really a child shouting emperor has no clothes. Not only that, AIG was the ultimate bagholder on wall st. It was via AIG's massive $85 bn bailout (the single largest for any single business org in history?) that Goldman, shitibank, JPM and o...

vsudhir

The WSJ (or was it the NYT?) story coyly mentions that a protesting 13-yr-old Uighur girl was agitating for the return of her 19-yr-old brother who was arrested. And I was like, brother? really? So the 1-child law doesn't apply to uighurs or what? turns out it doesn't. They're allowed 2 kids. Anothe...

vsudhir

Citigroup: AIG Equity May Be Worth Zero American International Group Inc, the insurer rescued by a series of federal bailouts, may have zero equity value due to the risk of more credit default swap losses and the disposal of key assets at low valuations, Citigroup said. Shares of the company fell 2...

vsudhir

beeb's broadside, err broadcast, on PBS on 7-july was amusing onlee. 7-july memorial attended by bigwigs there (better than MMS at least, who ignored the first Mumbai train blasts anniversary). But interesting thing was the bad guiys were referred to as "terrorists" without the sneer quote...

vsudhir

"We have put across (to China) in the strongest diplomatic language possible that Arunachal Pradesh is an integral part of India."
S.M. Krishna
External Affairs Minister

link

vsudhir

No idea where the 15% figure comes from. Probably more of a heuristic than a madarassa-sanctioned precise forecast. I too think khanomic savigs have to enter double digit territory for starters. Meanwhile, Father and son counterfeiters jailed for their own 'quantitative easing' A FAILED businessman ...

vsudhir

Heartbreaking news... No disinvestment of Air India, AAI: Praful Patel The government on Thursday ruled out disinvestment of Air India (AI) and Airports Authority of India (AAI). "There is no proposal for disinvestment of AI and AAI," Civil Aviation Minister Praful Patel told the Lok Sabha...

vsudhir

Why Ib4tl?

sounds like a godd idea. Not that I can attend. But its great if BR chapters can meet and further the sense of the desi think-tanking community. More to you, raja ram garu.

vsudhir

Thailand can be an ideal strategic partner for Indian military expansion in IO. Cultural inclinations, religious antagonisms, and strategic location as a buffer between Myanmar and Malaysia and an alternative access to Laos, Kamupuchea and Vietnam are items to consider. Most excellent jupiter garu....

vsudhir

Singha has a point there. Khanate savings have nowhere to go but up and deflation + deleveraging simply have to set in before recovery/healing etc can even begin. Its not anymore about what corpos, wall streeters or netas in DC want. Like Denninger's writing so eloquently makes the case, the economy...

vsudhir

Wow.

Almost as if Langley were ghost writing Sri Zardari's WashPost farticles. Godo going, AAZ is less bad than I thought.

vsudhir

Chinese troops flood streets after riots The attached pic looks straight outta a cheeni movie..... imperial troops assemble in the citadel of the forbidden city...scary onlee http://img.breitbart.com/images/2009/7/8/ap-p/b80792e6-32eb-4d35-9627-a0cb89e7366b.jpg Attached caption: Chinese security fo...

vsudhir · Re: Indian Economy: News and Discussion (June 8 2008) OT deleted.

OT
deleted.

vsudhir

Miliband wants Kashmir resolved according to the 'wishes of the kashmiri people' United Kingdom Foreign secretary David Miliband wants Pakistan and India to resolve Kashmir dispute in accordance with the wishes of Kashmiri people, leading daily The Nation's Monitoring Desk reported on Wednesday mor...

vsudhir

Note the centrality of an exclusively economic vision in that piece by Dr. Singh. errr, isnt the G-8 mostly an economic forum and this times agenda almost exclusively about the meltdown :?: Good point. Besides, if the worldview of GoI's top leadership is indeed compromised, I'd look out for more te...

vsudhir

Chan akya in atimes It is a truism that while debt markets fear inflation, they absolutely detest deflation; especially when one looks past the absolutely safe end of the fixed income spectrum (that is, the government debt of some countries). In other words, any debt issued by entities that have no...

vsudhir

Public pensions woefully underfunded across the board Public employee pension plans are plagued by overgenerous benefits, chronic underfunding, and now trillion dollar stock-market losses. Based on their preferred accounting methods -- which discount future liabilities based on high but uncertain r...

vsudhir

Li Zhi, the head of the Communist Party in Urumqi, appeared at the South Gate plaza to beseech the protesters to go home. But his speech angered some of them even more, especially when he repeatedly yelled, “Strike down Rebiya!” — a reference to Rebiya Kadeer, a Uighur businesswoman and human right...

vsudhir

Chinese leaders learned much about control in their extensive studies of the collapse of the Soviet Union. Their conclusion is clear: It was Mikhail Gorbachev's ill-fated attempts to be reasonable that brought down that empire. The current generation of Chinese leaders is determined not to make the...

vsudhir

uh-oh Big Banks Don't Want California's IOUs (WSJ) A group of the biggest U.S. banks said they would stop accepting California's IOUs on Friday ... if California continues to issue the IOUs, creditors will be forced to hold on to them until they mature on Oct. 2, or find other banks to honor them. ....

vsudhir

deflationist hugh hendry talking to FT

link

ensoi

vsudhir

Acharya san, That commercial real estate (CRE) will be the next shoe to drop is no secret. Hotels are in bad shape. 20% of U.S. hotels to default on their loans Lotsa hotels were conceived on rosy projections (actually linear extrapolations of the boom era of 2003-06), invested in and now their capa...

vsudhir

"Half of the World's Emissions Came from Just 700 Million People"

vsudhir

Reality checks everywhere. What happens when the rainchecks (gubmint stimuli) run out? With Wounded Pride, Unemployed (South) Koreans Quietly Turn to Manual Labor KUNGHANG, South Korea — With his clean white university sweatshirt and shiny cellphone, Lee Chang-shik looks the part of a manager at a c...

vsudhir

Nothing is official yet. This is all grapevine stuff. I don't know if we've officially acknowledged the existence of an ATV project yet! Not true. See Sandeep Unnithan's exclusive piece in India Today devoted solely to the ATV that generated lots of discussion here. I'd call it semi-official announ...

vsudhir

wah bhai wah. Perhaps our lalmasjid maulanas will get an idea or 2 about improving morale in student dorms now, eh? Staff strip naked to improve moral Staff at a design and marketing company in Newcastle spent a day working together naked after being told it would improve their morale. David Taylor,...

vsudhir

The UKstani Times and Telegraf rags are among the more, shall we say 'colorful', rags out there. So take with appropos amts of salt pls. US lurching towards 'debt explosion' with long-term interest rates on course to double The US economy is lurching towards crisis with long-term interest rates on c...

vsudhir

Pranab give go ahead to 'one rank one pension' demand Meeting a long-pending demand of over a crore defence veterans and 12 lakh serving jawans, the government substantially increased the pension of ex-servicemen. The new, revised pension would be implemented beginning this month, Finance Minister ...

vsudhir

Nandu saar, Moi would define deflation as a net decrease in money supply. Furious debt-paydowns and sinking demand for credit achieve precisely that. ****************** Meanwhile, the world's most credible political, nay, statesmanly voice speaks.... Recession may get worse, Gordon Brown warns world...

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