PDA

View Full Version : A Proposal



atanu
11 October 2008, 05:43 AM
Friends I have hit upon a grand plan and I am on the lookout for a few partners.

Let it be confidential. We will first select a few companies and/or float a few new companies. We will also select a few vulnerable countries for operation. We are Global citizens so it does not matter which countries we operate upon. We do not have any religion and we do not belong to any nation; Globalisation is the key word.

We will put 1 million dollar in each of our companies and invite 10 million dollars for each company from the public. Concurrectly we will put puppet Head of States and Finance Ministers in selected countries. These administrators have to believe in our philosophy of Globalisation. These administrators will see to it that savings in banks attract huge taxes and depositers are thereby forced to divert their monies to share market, which will be unshakled of Tax regime. All capital gains taxes should be removed from sale of shares. This will surely ensure monies coming to our companies.

We will then flood the media with news of huge achievements of our companies and see the share prices rise 2-3 times. Then we will pull the rug. We will quietly pull out all the money and let the unwary depositers wonder where the money went? In case of any trouble, we can use the Military.

This will be a magic that will prove to everyone that money is in the mind. We will of course keep up our party. We will put this program on a loop and repeat around our globe every few years.

-------------
Just musing.

Znanna
12 October 2008, 02:29 PM
The bankers beat you to it, dear Atanu!

Namaste,
ZN

atanu
12 October 2008, 08:20 PM
The bankers beat you to it, dear Atanu!

Namaste,
ZN

:D I have always been beaten in races. What to do my master is nirlipt. He does not even give me a nudge towards action. On the contrary. Recently, financial worries have occupied my mind a bit and I have mused on some get rich quick schemes. And lo, I was sent " Bhaja Govindam, Bhaja Govindam -- Oh, fool, do not hanker after money ---".

What to do.

Welcome Back. Regards.

Om

atanu
11 November 2008, 04:44 AM
I wonder why there was no warm response to the proposal.

BSE 30 Index has lost 65% since the start of the year. It has done twice worse than the US stock market, which has lost 27% in the same time period. Surprising, isn’t it? Especially when smug indians point a finger at the sub prime loan crisis of the US housing sector as the main crisis? Can the negative result of the main crisis lag behind 2-3 times compared to the the outfall in related areas?

Kudos to our leaders. Kudos to them for claiming accolades for the shining growth of India -- built up on the quick sand castles of P-notes. And Kudos to Head of Finance, who has the courage (even in the given situation) to open the insurance sector so that hedge funds with their p-notes can come in and go out. There is some proverb about making hay while the sun shines.

I have mused again and could not find any answer as to why the oil prices shot up and then fell drastically just before the oil industry godfather, outgoing President of America was retiring. Is there some economic mystery?

Om Namah Shivaya

sm78
11 November 2008, 08:23 AM
I wonder why there was no warm response to the proposal.

BSE 30 Index has lost 65% since the start of the year. It has done twice worse than the US stock market, which has lost 27% in the same time period. Surprising, isn’t it? Especially when smug indians point a finger at the sub prime loan crisis of the US housing sector as the main crisis? Can the negative result of the main crisis lag behind 2-3 times compared to the the outfall in related areas?

I have mused again and could not find any answer as to why the oil prices shot up and then fell drastically just before the oil industry godfather, Shri Bush was retiring. Is there some economic mystery?

Om Namah Shivaya

The mystery is called "Indian Mentality".

atanu
03 March 2009, 07:59 AM
I wonder why there was no warm response to the proposal.

BSE 30 Index has lost 65% since the start of the year. It has done twice worse than the US stock market, which has lost 27% in the same time period. Surprising, isn’t it? Especially when smug indians point a finger at the sub prime loan crisis of the US housing sector as the main crisis? Can the negative result of the main crisis lag behind 2-3 times compared to the the outfall in related areas?

Kudos to our leaders. Kudos to them for claiming accolades for the shining growth of India -- built up on the quick sand castles of P-notes. And Kudos to Head of Finance, who has the courage (even in the given situation) to open the insurance sector so that hedge funds with their p-notes can come in and go out. There is some proverb about making hay while the sun shines.

I have mused again and could not find any answer as to why the oil prices shot up and then fell drastically just before the oil industry godfather, outgoing President of America was retiring. Is there some economic mystery?

Om Namah Shivaya


Namaste Friends,

Paul Krugman in article "Revenge of the Glut" in Times of India, has indeed noted "The crisis is not sub prime crisis or bad housing loans". He further on says "Well, you could say that American bankers, empowered with a quarter century of de-regulatory zeal, led the world in finding sophisticated ways to enrich themselves by hiding risk and fooling investors."

He says it politely. The so-called de-regulatory regulations are the gambling rules made by these bankers for themselves. There is only one way win in these Casino games.

Om