Tuesday, November 23, 2010

Currupted governance

it is true that nobody will question the integrity of our prime minister.But unfortunately he is not in a position to deliver the goods as he promised.The UPA Govt is nothing but a premature baby born out of the marriage of convenience between the partners belonging to different political parties.It is almost impossible to hold one particular person responsible for the series of scams like 2g spectrum,Adarsh housing scam,and inappropriation of public money on Commonwealth games etc.Removing Chavan over the housing scam or dropping Raja from the cabinet is not suffice enough but only an eye wash.Until and unless the root cause for this malaise is treated ,it will continue to grow like a monster.Mr Kabil sibil,s remark that the prime minister would have been justified if he had thrown Mr Subramania swamy,s letter seeking sanction for prosecuting the former telecom minister in to the waste basket is nothing but a disrespect for the common man's voice in a world's biggest democracy.

Monday, November 8, 2010

change in sensex

The new records set by the Indian stock market with sensex closing at 21000 and Nifty above 6300 is something more than symbolic significance.This implies that market would scale new highs.The inflows from the foreign institutional investors might be one of the factors contributing to this rise.The major repositories in US are reviewing and re-rating india as a preferred destination and they are investing in bulk out of their propensity for risk in the high yielding emerging markets might be another reason.The possibility of a major change in the indian stock markets cannot be ruled out on account of the decision of federal reserve for deficit financing to the tune of $600 billion as about a fifth of the holdings in the indian stock market is owned by the foreign institutional investors.

Sunday, November 7, 2010

New approach to medicines

One of the prime duties of doctors should be to educate the masses to avoid medicines.But today The pharmaceuticals companies are vying with each others to sell their products and for which they offer hefty incentives to the doctors for prescribing their medicines.Medicines are nothing but a collection of uncertain prescriptions and its result is more fatal than its usefulness to mankind. each human body cell is in sync with other cells and this can be documented through the photon lights emitted from DNA.

Saturday, November 6, 2010

Scientist's Dream

According to the report by the daily mail a Canadian student has scripted aviation history by developing a human powered aircraft that can fly continuously by flapping its wings.To see humans flying like birds has been dream of scientists for centuries.
n a report released ,the NBER said that the us economy exited recession in June 2009,During the recession more than 8 million jobs were lost in the slump triggered by dodgy.It is said the recession lasted 18 months and the economic conditions are returning to normal and it remains so well in to the expansion.

Friday, November 5, 2010

The land of oppotunity

The land of opportunity status given to US is often misunderstood by the wealth symbolization of the land like,people drives luxuary cars to their office,Holywood movies show sky scrapers,beautiful women in convertibles and tidy roads hugging the pacific ocean etc.But all this far from the reality.The capitalistic countries peruse the principle of giving equal opportunities to all irrespective of social,economic status.The people with idea and creativity will succceed.The freedom to pursue their dreams is built in to a social DNA.Success is rewarded handsomely,while failures are not considered as blemish to be looked down upon.The rich individuals like Bill Gates,Warren buffett play a critical role by giving back their wealth to the community for a common cause having only a very little inclination towards SCHADENFRENDE behaviour.
Mr obama became president at the time of a major international economic crisis and has struggled to put the US on the path of recovery.It is true that he has been doing his best to get back on track things that had gone wrong during the Bush administration.In a two party system frustration with one party drives voters to the other in the hope of things would improve.But the US citizens changed their course prematurely towards republicans without giving the democrats required time to make positive change.With republicans controlling the house and democrats in the senate will pay the way for a gridlock for the next two years.In a televised interview he said two year in office was a too short time to show any magic results.Americans made a wrong decision in rendering the democrats powerless in congress and reducing their majority in senate.Due to this wrong decision US can be seen with looming federal deficit,persistently high unemployement and continuing foreclosures leaving the ordinary people to bear the brunt.

Thursday, November 4, 2010

supporting cultural festivels (hindu dated 4.11.2010 is worth reading.The cultural development intiatives taken by the Govt has not actualy promoted the art practices and festivels.The ministry has committed to to extend finances to festivels in mumbai and chennai to make them in to internationakl events.But all those promises remain non committel and the meagre annual grants accompanied by intricate procedures will not make any differance to the quality of cultural festivels.
The sweeping victory of the republican party in the election to the 112th US congress ,taking command of the house of representatives by significantly reducing the democrats is a blow to the obamas stake in the helm of affairs.It is a clear indication of the peoples fear regarding the exorbitant rate of future taxes they have to bear.