Wikileaks expose- Watch out helplessly!

It's now proven there are Indian acounts with almost trillions stashed away in Swiss bank acounts. There is global pressure for India to act and nail those who've stashed away billions in secret Swiss accounts.

In the first direct confirmation of Indian black money in Swiss Banks, John Christiansen, the director of Tax Justice Network, the tax evasion watchdog - says India can do a lot more if it wants to get back Indian money in Swiss accounts.

Swiss Finance Ministry has promised to help India with details of particular accounts if the government provides proof that tax evasion has taken place.

Meanwhile, even as the global pressure builds, the issue was reportedly also discussed in the Cabinet meeting.

Global watchdogs say it has been proven beyond doubt that a large chunk of the money in Swiss banks is from India.

Leading international tax advocacy groups are now demanding that India act to ensure that India use its international clout to access the information on these accounts.

In a clear indication that the government is buying time on the black money controversy, both the Cabinet and Central bureau of direct taxes says, it is working proactively to get details of the Swiss black money.

The Supreme Court pulled up the Government for withholding information on black money stashed in foreign banks, saying it is not just limited to tax evasion but a "mind boggling crime" amounting to theft and plunder of national wealth having security ramifications.

The apex court made the observation while hearing a petition filed by noted criminal lawyer Ram Jethmalani, who along with some retired bureaucrats and police officers, approached it seeking directions to the government to take steps to bring black money to the tune of one trillion dollars stashed in foreign bank back to the country.

The Centre's contention before the court is that it was a case of tax evasion and it cannot make public the names of Indian account holders.However, wikileaks has taken a public responsibilty and initiative to reveal all these records into lime light. The founder of wikileaks deserves respect in spite of various hurdles and shortcomings, he once again proves his ability with support from all over the world.


The future of India will be re-written only if the black money from these corrupted hands are seized and transferred. But it is only a day dream since most of the accounts are owned by our reputed ministers and officials.. It s a bitten truth to digest !!!!!

Price rise in India- What is the actual reason?

Truth is bitter.Price rise is already 400% in India. Congress lead UPA-II have created a history, has become example of  the following.

• Rampant corruption and indiscipline in various ministries.
• Irresponsible capitalist policies to favor Western Banks and multinational companies.
• Completely ignoring Judicial expansion and reforms for fast and inexpensive justice.
• Worsening law and order.
• Increasing poverty ,unemployment and exorbitant price rise seen in only handful of badly managed and corrupt countries like India.
• Divide and rule in name of various reservations to hide failure and to create vote bank.

First let us see why prices have gone up and are going up?


1. The argument given was that liberalization will increase production and productivity. It will reduce operations controls on businesses and private sector involvement will bring productivity, better management of assets and technology.


Nothing of this sort happened. In fact, private sector has shown it is as much or even more corrupt and unproductive in indie as public sector. Barring a few well manged well meaning companies, majority are greedy, manipulators , tax avoiders and having poor quality and customer service.Profiteering has been key word.


Theoretically when capacity geers up, prices should come down.When competition goes up prices should go down.Why this has not happened?People should ask themselves and see who is to be blamed.


2. Salaries are a big cost component. The 6th Pay commission and private sector salaries have gone up by 100% to 1000% from government to private MNC sector.This is just too much and unwarranted in country like India.It has been main cause of unequal distribution of wealth in nation and cause of price rise in country.The manner in which governments have increased their running expenses reaching almost 30% of public budgets is condemnable. We should remember that governance is an expense on society and not productive. It should be minimum.But the way politicians and bureaucracy are flying around, using imported car models and giving them,selves perks and parties is a disgusting act.It must stop.There is no relation of salaries and perks and various ratios and indices in India to per capital GDP.


3. In an attempt to ape the American lifestyle and glamour, Indians have gone mad after conspicuous consumption and over drive in spending money on reckless expansion of hi-fi infrastructure like malls and buildings. The property price escalation by 400-500% in 8 years has made businesses more expensive and risky. Obviously, this cost has to be passed on to consumers.Do we need all this? and too fast? Why we need hi-fi malls all in 5 years period itself? Cant we have moderate growth rate? specially in luxury and show off?


If we have to ape American lifestyle we have to spend more, consume more and generate more garbage. It is just not sustainable for India like country and there is no income with common man. A moderate growth rate that too in priority sector with target of 5-6 % growth is best suited to India for next 20 years. The madness let loose by Indian government should be rolled back. Reduce the superficial consumption and luxury and reduce expenses.


4.Though computerization as claimed to improve governance and information sharing, not much has happened. Our judiciary is one of most rotten and corrupt system in world and non-delivering and shamelessly it continues.The court premises anywhere are tons of under table transactions every day.
Corruption and rates have reached new peaks.It was supposed to happen with rising wages.A policeman with salaries and perks of 3 times now wont take same amount of tin bribe as 10 years before.


A major portion of Indian GDP ,almost 40% is sucked off from system in form of salaries wages,perks and corruption by Bureaucrats and politician in nexus with greedy and unethical contractors including big muscle companies.This money goes in luxury spending ,real estate and goes abroad in Swiss bank accounts. India's GDP itself is under reported as there is large scale tax evasion in real estate and general commodities. Even now.


5. Break down of regulations: In the name of liberalization and to help business lobbies and MNCs, government has shed regulations ( I am not talking of controls) thus leaving firld open for one and all to ,manipulate and over charge and loot consumers.The top corporate results mean money is sucked from consumers or common man.We should not feel good on such corporate results. Why any business should have so high income? Either there is no competition or no regulation in country. Both are bad. How drug prices have gone up by as much as 500% in some cases since Manmohan Singh has taken over? 


6. Financial markets and real state has been left open to MBCs and Foreign funds and HNIs from abroad including NRIs thus raising property prices. Same has happened in China but they have recently come down quickly to curb real estate bubble. Congress government is sleeping and in fact, politicians and landlords are biggest beneficiaries of land scam running in country in last 8 years.


The reasons are more and one can go on listing. 


But main point is Indian government and their so called experts should reduce it down honestly and ponder over their bad acts in last 8 years, cool off the hysteria in economy and regulate the growth. Transparency, regulations and a fast and effective judiciary should be put in place.Consumption should be reduced. Reckless taxation by governments should be reduced back. Taxation and corruption are tow main causes of Price rise besides over consumption and hysteria created in name of Globalization. We have ended up globalizing expenses and not incomes,WE cant do it so fats without R&D base, ill trained manpower and shortage of resources and land both.To add to this is our huge population.


If India starts consuming as much as an American ,India will simply become mountain of garbage. Let us realize the truth and act. In arrogance and unaccountability, Manmohan Singh team continue to give doses of price rise despite price rise already 400% since he took over first, i.e. in 8 years.

In the new doses, UPA government has doubled natural gas prices including CNG and closed the 3G bids at astronomical prices of 67000 crores ( as against 1032 crores suggested by TRAI)which will further boost price rise in the economy.


On the other hand various ministers and Planning commission chairman repeatedly give assurance of inflation reduction giving new dates every time, without any evidence and support. This country is being run by insincere,arrogant and western model aping people and now time has come for them to go.


People should not helplessly watch and keep praising these experts created by media, despite seeing huge price escalation.

At last, a good government to overcome these problems intelligently is utmost necessary to wipe out the hurdles faced by common man.. Hoping this dream comes true in future

House of 1000 mirrors

Long ago in a small, far away village, there was place known as the House of 1000 Mirrors. A small, happy little dog learned of this place and decided to visit. When he arrived, he bounced happily up the stairs to the doorway of the house. He looked through the doorway with his ears lifted high and his tail wagging as fast as it could. To his great surprise, he found himself staring at 1000 other happy little dogs with their tails wagging just as fast as his.

 He smiled a great smile, and was answered with 1000 great smiles just as warm and friendly. As he left the House, he thought to himself, "This is a wonderful place. I will come back and visit it often."

In this same village, another little dog, who was not quite as happy as the first one, decided to visit the house. 

He slowly climbed the stairs and hung his head low as he looked into the door. When he saw the 1000 unfriendly looking dogs staring back at him, he growled at them and was horrified to see 1000 little dogs growling back at him. As he left, he thought to himself, "That is a horrible place, and I will never go back there again."

All the faces in the world are mirrors. What kind of reflections do you see in the faces of the people you meet?

The longer I live, the more I realize the impact of attitude on life. Attitude, to me, is more important than facts. It is more important than the past, than education, than money, then circumstances, than failures, than success, than what other people think, say, or do. It is more important than appearance, giftedness, or skill. It will make or break a company, a church, a home. The remarkable thing is we have a choice every day regarding the attitude we will embrace for that day.
We cannot change our past. We cannot change the fact that people will act in a certain way. We cannot change the inevitable. The only thing we can do is play on the one string we have, and that is our attitude. I am convinced that life is 10% what happens to me and 90% how I react to it. And so it is with you. We are in charge of our attitudes.

A Friend...

(A)ccepts you as you are
(B)elieves in "you"
(C)alls you just to say "HI"
(D)oesn't give up on you
(E)nvisions the whole of you (even the unfinished parts)
(F)orgives your mistakes
(G)ives unconditionally
(H)elps you
(I)nvites you over
(J)ust "be" with you
(K)eeps you close at heart
(L)oves you for who you are
(M)akes a difference in your life
(N)ever Judges
(O)ffer support
(P)icks you up
(Q)uiets your fears
(R)aises your spirits
(S)ays nice things about you
(T)ells you the truth when you need to hear it
(U)nderstands you
(V)alues you
(W)alks beside you
(X)-plains thing you don't understand
(Y)ells when you won't listen and
(Z)aps you back to reality