Opening up to the source of creativity ...

Then why does Indian Government have to spend on MS Windows licensing ?!! The Delhi High Court uses Vista, so do many government offices. We sure lack political will to eradicate profiteering and enforce judicious use of taxpayers' money.



References:

California blesses open source as 'acceptable'

California Warms Up to Open Source Software in Government

They don't care about him ... only his economic stimulus!!!

Economic stimulus at a time when the world economy is sagging!!! Success is the right thing at the right time. BUT at the cost of the loss of a wonderful entertainer, who inspired a whole generation. Where are such entertainers who are role models of the masses. Let alone entertainers, we have also no politicians, no leaders, no individuals ... NO HEROES to guide the generations to come. Seems we are doomed to our selfish fate of mediocrity, uncreativity and decadence. Our generation is anything but BRAVE ...




References:

Jackson money-making machine set to keep on rolling even after his ...

Michael Jackson's death certificate for sale

Michael Jackson's record sales now exceed those

Who is the greatest – Elvis or Jackson?

Coercion: New Industrial Disease Part 2

Denial of job unless accepting restrictive terms, more so the amount of remuneration is now the norm. Call it ironical, but a while ago overvaluation of workforce only had led to the cash crunch!!! Guess we all are to blame.



References:

Coercion robs workers of $20 bn annually, says ILO report

IIP slumps 2.3% in March

Microsoft may cut more jobs if economy worsens

US shouldn't kill hi-tech talent: Steve Ballmer

Wind out of the Willows ...

Lack of political will to increase employment is evident from the latest Hyundai decision to move production to Europe!!! Probably the government wants more unemployed so as to tap the voter pool for future political prospects.




Reference:

Hyundai may shift i20 production base

Death of the Street Fighting Man ...

Only a few from the private sector remain organized only to be put down by the masters they serve. Is there no hope for the slaving workers, does no political party have their interest in mind, or do we not care for ourselves and be organized on a larger scale? I think the answer to all these questions should be in the affirmative.





Reference:

Striking Hyundai employees arrested in Chennai

They better have wings and fly!!!

So many cars, so many brands; do we have the roads?!!

References:

JLR in India by June

New Audi A6 launched in India

Audi to have 40 models by 2015; to launch its Q3 SUV in 2011

Auto makers report encouraging growth in April

Despite slowdown, April sales accelerate for car-makers

Hyundai Motor launches 'Hyundai Utsav' to tap rural India

Toyota Reveals Pricing for New Indian Compact Car

Honda Jazz – Honda's Small Car

Disguised Retrenchment: New Industrial Disease

About 3,500 Airport workers have been gradually transferred out of Mumbai and Delhi airports to other places after the private consortium GMR took over the operations and management in 2006.

I have been following this disguised retrenchment since a month now and am amazed to see very little or no media coverage on the issue. Possibly it is not as deserving as the IPLs and General Elections (especially the snappy irrelevant chat between L.K. Advani and Rahul Gandhi, neither of them addressing the real issues of this country) that forsake this country!!!



References:

Government should begin talks with AAI employees: Yechury

Airport staff calls off nationwide strike

AAI employees defers nation-wide agitation

The Irony of the "best" !!!

Being the best should also account for best in human interest and relations, or have I got it all up-side-down!!!



References:

Infosys fires two thousand employees

Infosys ranked top IT infrastructure; may sack 2100 employees news

Infosys postpones campus hiring from sixth to eighth semester

Heads they win, tails you lose!!!

They shall however put you on a performance improvement course and give you a chance to improve before asking you to leave!!! OR should they not tell you the truth and just ask you to leave right away. Oh No!!! that would be oppressive rather than being correct Human Resourcefully ... eh!



References:

Infosys fires 2100

2100 Infosys employees face axe

Infosys ranked top IT infrastructure; may sack 2100 employees news

Industrial Disease!!!

Now warning lights are flashing down at Quality Control
Somebody threw a spanner and they threw him in the hole
There's rumors in the loading bay and anger in the town
Somebody blew the whistle and the walls came down
There's a meeting in the boardroom they're trying to trace the smell
There's leaking in the washroom there's sneak in personnel
Somewhere in the corridors someone was heard to sneeze
'Goodness me could this be Industrial Disease ?'

Caretaker was crucified for sleeping at his post
Refusing to be pacified it's him they blame the most
Watchdog's got rabies the foreman's got the fleas
Everyone's concerned about Industrial Disease
There's panic on the switchboard tongues are knots
Some come out in sympathy some come out in spots
Some blame the management some the employees
And everybody knows it's the Industrial Disease

Yea, now the work force is disgusted downs, tools, walks
Innocence is injured experience just talks
Everyone seeks damages, everyone agrees
That these are 'classic symptoms of a monetary squeeze'
On ITV and BBC they talk about the curse
Philosophy is useless; theology is worse
History boils over there's an economics freeze
Sociologists invent words that mean 'Industrial Disease'

Doctor Parkinson declared 'I'm not surprised to see you here
You've got smokers cough from smoking brewer's droop from drinking beer
I don't know how you came to get the Bette Davis knees
But worst of all young man you've got Industrial Disease'
He wrote me a prescription he said 'you are depressed
But I'm glad came came to see me to get this off your chest
Come back and see me later - next patient please
Send in another victim of Industrial Disease'

I go down to Speaker's Corner I'm thunderstruck
They got free speech, tourists, police in trucks
Two men say they're Jesus, one of them must be wrong
There's a protest singer he's singing a protest song - he says
'They wanna have a war to keep their factories
They wanna have a war to keep us on our knees
They wanna have a war to stop us buying Japanese
They wanna have a war to stop Industrial Disease

They're pointing out the enemy to keep you deaf and blind
They wanna sap your energy incarcerate your mind
They give you Rule Britannia, gassy beer, page three
Two weeks in Espana and Sunday striptease'
Meanwhile the first Jesus says 'I'll cure it soon
Abolish Monday mornings and Friday afternoons'
The other one's out on hunger striker he's dying by degrees
How come Jesus gets Industrial Disease?

- Industrial Disease, Love Over Gold, Dire Straits (1982)

& let the disease speak for itself ...



References:

Skoda sees sales slow to single digit in 2009

Sensex crashes by 338 pts as equities plunge on global weakness ...

Rupee recovers sharply, at 50.27 vs the dollar

Auto sector weathers slowdown blues in 2008-09

Akshay completes flop hat-trick

Akshay, Twinkle will be arrested shortly

Economic crisis takes toll on health of employees: Survey

Melting Economy Renders Corporate Workforce Unhealthy: ASSOCHAM

Mayawati hits out at Election Commission

Maya has a new post for booted officer

Aamir, SRK join hands for 'Fair Rights for Friday Nights'

Mahmoud Ahmadinejad says Iran is ready to talk to 'honest' Barack ...

Thankless freeloaders Part 2 ...

Despite RBI's persuasion and surplus cash with banks, lowering of interest rates have not seen the light of day. Private profiteering? or just that PSU Banks are stupid!!!



References:

India call rates dive on surplus cash with banks

Bankers say no to lowering lending rates

RBI asks banks to ease lending rates

Real Interest rate increases with inflation dipping down

Thankless freeloaders ...

"There's one in every family, Sire ... actually two in mine" says Zazu (The Lion King, 1994). But its all galore in our economies, be it US or Indian. One refuses to reduce credit rates, others give bonuses. One could never do enough to please these Dalal Street / Wall St. Idiots!!! Neither their employees nor the government!!!


References:

Cabinet Secy to meet bankers in April for easing credit

Govt says interest rates must come down

SEBI gone EXOTIC!!!

SEBI = Speculative Endeavors Broadening Initiative



Reference:

Now, exotic derivatives in the works

Return of what is not deserved!!!

Hope this is a beginning of a whole new area of corporate social responsibility, wherein, instead of shareholders determining bonuses, a government committee or external regulator would have the power to determine so. But it is not happening in the near future. Its just my wishful thinking. Since when did I start to think that the people had power with them; they wrote it off long time ago to the ones that earlier ruled them, and now purport to be elected, and continue to govern them!!!




Reference:

Edward Liddy asks AIG executives to repay bonuses

Complex Issue, misunderstood!!!

Only when the inflation is negative would prices start to drop. However, irresponsible press coverage says differently!!! Shows the depletion of responsible media and/or ignorance of holistic education at colleges of mass communication and journalism.




References:

Falling inflation does not mean falling prices

Inflation falls to record 3.03% on cheaper food

First straw ...

The below is just one of the measures to boost employment in the U.S. India could also do the same by proposing tax incentives for companies that indulge in R&D rather than merely support services, thus leading to actual creation of value and wealth. Technologies like fuel-cell, ocean current energy, wind energy, electric cars, infrastructure projects that harness solar energy (by building thermal and solar panels into plate glass on structures), road current differential technology (harnessing electricity from roads run on by vehicles), etc. could be the new age employment generators, besides making the earth a cleaner and safer place to live.



References:

No tax cuts for outsourcing: Obama

Obama disappoints Indian inc.

Sympathy only for the devil!

Resorting to the Homeowners & Bank Protection Act, 2007 the US government now has brought about a total moratorium on foreclosures by lending institutions of home owners who have been diligent in repayment of their home loans. This shows the political will behind straining out the actual bad debts incurred by lenders due to speculative lending and actual defaulters who have been severely hit by the economic downturn.

India on the other hand continues to harbor and promote speculative lending and investment by allowing unrestricted FDI inflow (without an regard to nascent demand creation by way of employment generation), total ignorance towards sustainable energy generation (by concentrating only on social fallout driven nuclear power), allowing F&O in many sensitive commodities such as Essential Commodities (wheat, sugar, etc. as scheduled under the Essential Commodities Act, 1955), F&O and derivatives of currency, especially the $-Rs. and without forcing private banks to bring down interest rates that are still 3-5% higher than the rates of 2006 - early 2007, still allowing corporate tax evasion through tax haven jurisdiction (when what the Indian exchequer needs is liquidity for social spending); just to name a few. Besides fuel prices as of now can further be reduced, except only when the government wants to pull an ace up its sleeve just before the Parliamentary elections.

R&D on fuel cell can not be furthered and there have been no tax incentives for manufacturers such as Honda and Reva to roll out cheap yet effective electric/hybrid vehicles so as to reduce out flow of $ and also to generate employment at home (not to mention the need for cleaner than CNG public transport, namely, electric buses!). Our energy independence would not only serve for economic insulation, but would also ensure real and actual growth in scientific, manufacturing and various other related sectors.

Indian government seems to have sympathy only for the devil!


References:

Obama pumps in $75 billion to save US homeowners

Jan. 30, 2009 HPI Daily Wire

An Economy based on Tradition!

It has been rightly said:

... if you know your enemies and know yourself, you will not be imperiled in a hundred battles ...

- Sun Tzu

It is encouraging that Ayurvedic, Uniani and Siddha formulations are being recorded by the Council of Scientific and Industrial Research (CSIR) into what they call a Traditional Knowledge Digital Library (TKDL). Now at least with the European Patent Office the TKDL database would be available for establishing prior art.

Then why is it that we have failed to establish our economic growth on traditional knowledge. We should not only guarantee healthcare but also formulate an insurance coverage on such systems of medicine so as to encourage people to adopt these systems and help the economy grow. Yet these systems are considered to be "unproven systems" under all the insurance coverages that we come across today. Besides even stem cell research based cure is excluded from such coverage!



Reference:

India logs over 2 lakh traditional medical formulations

Idiots ... hit the floor!

And if they want more, pay them in stock non-alienable until the Government is paid back the debt.



References:

Obama caps executive pay tied to bailout money

Obama’s cap on CEO pay strives to end era of excess

Obama Caps Compensation at TARP Companies at $500000

... and what about Dalal St. Idiots?

There sure needs to be rationalization of pays across the board. There should be government set norms for pay scales common to both private and public sector companies, institutions and organizations. A license raj in salary structure should be the key to a more egalitarian distribution of accumulation of wealth by both public and private corporations. Am I making sense or has Obama lost it?

It would then mark an end to:

1. fat salaries for IIM graduates;
2. fat offers to IIT graduates;
3. fat proposals for NLS-spawn graduates;
4. CXOs being traded;
5. mainstream efforts, profiteering and indulgence of the education system ...

... and our education system would then focus on creative, diverse and constructive channels of learning, not driven by vampiric accumulation of personal profit, but would be a real creator of value that would then flow into the commercial domain.



References:

Obama getting tough on 'Wall Street idiots'

Democratic Senator for pay cap on Wall Street 'idiots'

Senators propose pay caps on executive bonuses

McCaskill on corporate executives' pay: 'These people are idiots'

Obama Ally Introduces Bill to Cap Salaries of CEOS from TARP ...

Citigroup drops $50M plan to buy company jet

Citigroup cancels corporate jet