Sunday, August 21, 2011

Government Tactics - Divide and Rule

It’s Anna vs Aruna as rift in civil society shows

Even though they are activist, they are Now activist on Government Pay Role ( They are members of Sonia's NIC, whose bills are accepted and not of others.

Unfortunately still after 60 years we do not have system to fight corruption.

We divide religion to rule, then caste's to rule and now civil society to rule, this congress alias British Congress, Divide and Rule. Dhruthrashtra is clean but can not see and can not control Kaurava's unfortunately.

BS REPORTER New Delhi, 20 August

A section of the civil society came out in the open today, criticising Team Anna and its method of enforcing its views on the Lok Pal Bill.
Coming together at the platform of the National Council for Promotion of Right to Information (NCPRI) in support of NGO members Aruna Roy, Harsh Mander, Shekhar Singh and Nikhil De, the section said it supported Anna’s protest but opposed the intention of Hazare’s team to sidestep democratic systems in its hurry to bring forth its version the Bill.
It also criticised the team for being intolerant to other views in the civil society, notably those of NCPRI — of which Arvind Kejriwal and Prashant Bhushan still are “sleeping members” in the words of Aruna Roy.
There even emerged an appeal to broaden the discussion on Lok Pal, with NCPRI member Aruna Roy crediting Hazare and his movement as the single reason for making the Lok Pal a success today, while maintaning that they were drifting away from the democratic methods.
Harsh Mander, another NCPRI member said: “I am worried about people on the streets, who are dreaming of a better country. How can we reduce it to just one view and one issue? Let us deepen the debate and struggle for a better India.” He said more views should be taken into account and the best possible solution should be provided to these people.
However, Justice A P Shah was harsh in his criticism of the insistence of the Anna team on having only their version of the Bill passed. “Anna is not civil society and civil society is not Anna,” he said. He said that ombudsmen in no country is given power over judiciary and this was very dangerous.
The differences between the NCPRI and its supporters and Anna supporters on the Lok Pal Bill are just a few. But, it is what is seen as the intolerant attitude of the Anna team which has annoyed NCPRI members and supporters like Anhad to organise the press conference.
Roy added that actions of the team were tantamount to hijacking the democratic system. Democracy is for the poor and it is our responsibility to make it work. We can remove rotten parts in a system, but, we cannot throw away the system itself.
“I can sit on the streets and demand that the collector delivers, but I cant go and sit in the collector’s chair. What the Anna team wants is almost that,” she said.
She said the government Lok Pal Bill was not only weak but also dangerous and if it was not changed, then even we will come out in the streets in protest.
The two main differences in Anna’s Bill and Aruna Roy’s Bill are the non-inclusion of the judiciary in the latter’s version and the replacement of a single Lok Pal with a threelevel structure to investigate corruption at different levels of the society.
But, it is not the differences in the Bill that is causing concern to those who differ from Anna Hazare.
Roy said, “If Anna has a right to dissent, he should also acknowledge and admit the right of other people in the country to have differences with him on the Lok Pal”.
She said it was solely because of Anna Hazare and his team that Lok Pal has today become such a big issue.
Arvind Kejriwal, member of the Anna Hazare team said it was a misunderstanding that they were holding the Parliament to ransom on the Bill. He also dismissed the differences with Aruna Roy on the Bill as very minor.
“Multiple agencies to deal with corruption would lead to confusion. When a complaint is filed, we don’t know if a higher official or a lower official is involved. So it cannot work,” said Prashant Bhushan, another memeber of Hazare’s team.

Monday, August 1, 2011

America Dinned and Partied now Friends will Pay the Bill

Debt Deal - Obama Accused of ‘Surrender’ as Debt Vote Looms - CNBC

American Default is sure
The concept of capitalism is spending beyond means by borrowing on assuming future flows, when it does not happen then defaulting, going to bankruptcy. This is what exactly many individuals are doing. Peoples are being lured into spending beyond their means. American in general are deep into debts apart from government debt.

The Biggest Types of Personal Debt
In today’s economy, massive consumer debt has crippled the personal balance sheets of individuals around the country, making a tough economy even tougher. With foreclosures on the rise and many Americans crippled by over-extended credit cards, personal debt is becoming a major player in the economic crisis. Payday Advances - $40 billion
A payday advance is a small, unsecured short-term loan, normally between $100-$500 with typical interest rates between 15-20 percent and maturities of about 14 days. However, because of the short term of maturities, APR for payday loans can be anywhere between 400 and 700 percent and, if not immediately paid in full, individuals can get themselves into serious financial trouble.
Small Business Loans - $68 billion
SBA Loans Oustanding (As of 2/28/09) 7(a) – 317,358 loans, $45.93 billion 504: - 52,217 loans, $22.08 billion
Farm Loans - $114.2 billion
Auto Loan Debt – $313.8 billion
Tax Debt Owed to IRS - $345 billion
Student Loan Debt Outstanding - $556 billion
Revolving Home Equity Credit - $577.8 billion
Revolving Consumer Credit Outstanding - $953.1 billion
Major Holders (in billions) Pools of securitized assets: $440.3* Commercial Banks: $382.0 Finance Companies: $55.8 Savings Institutions: $39.0 Credit Unions: $32.2 Non-Finance Businesses: $3.8 Residential Mortgage Debt Outstanding: $14.64 trillion
Breakdown of Total Outstanding Mortgages: One- to four- family residences: $11.03 trillion Nonfarm, nonresidential: $2.59 trillion Multifamily residences: $895.79 billion Farm: $111.15 billion

Biggest Holders of US Gov't Debt
This borrowing adds to the national debt, which has recently surpassed the $14 trillion mark and is rising every day. The amount of debt is quickly approaching the federal debt ceiling, a legal limit to borrowing which currently stands at $14.294 trillion. Much of that debt is held by private sector, but about 40 percent is held by public entities, including parts of the government. Here's who owns the most.
15. Canada
For the first time in recent history, Canada's holdings of US debt has broken into the top 15, surpassing Taiwan by about $3.6 billion in November 2010.
14. Hong Kong
US debt holdings: $138.9 billion
13. Caribbean Banking Centers
US debt holdings: $146.3 billion
12. Brazil
US debt holdings: $184.4 billion
11. Oil Exporters
US debt holdings: $210.4 billion Included in the group of oil exporters are Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria.
10. Insurance Companies
US debt holdings: $261.8 billion 9. Depository Institutions
US debt holdings: $269.8 billion
7. (Tied) United Kingdom
US debt holdings: $511.8 billion
7. (Tied) State and Local Governments
US debt holdings: $511.8 billion
6. Mutual Funds
US debt holdings: $637.7 billion
5. Pension Funds
US debt holdings: $706.4 billion
4. Japan
US debt holdings: $877.2 billion
3. China
US debt holdings: $895.6 billion
2. Other Investors/Savings Bonds
US debt holdings $1.458 trillion
1. Federal Reserve and Intragovernmental Holdings
US debt holdings: $5.351 trillion About a decade ago, the total government holdings were "only" $2.5 trillion.