USA Fin Crisis and Lesson for India

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USA Fin Crisis and Lesson for India
India Forum: Comments, Opinion - Information Resource

News Summary: An open, competitive and liberalized financial market can effectively allocate scarcer resources in a manner that promotes stability and prosperity far better than government intervention, Henry Paulson, the U.S Treasury secretary said in Shanghai in March 2007. This year it sounds like a big joke given the fact that both the United States and UK government s are nationalizing banks and financial institutions in order to avoid a complete meltdown of their financial system. On 7th September, 2008.....read more in: USA Fin Crisis and Lesson for India

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Srno	Comment on Current Thread
4	R.Sharma on Dec-06 : It is true that both American , British and Indian governments are using poor tax payers money to subsidize the richest people in their countries, but this is not Socialism at all. Giving away money to the private business firms is not socialism; afterall that was done by the staunch anti-socialist government of Vajpayee when he gave away more than Rs.3000 Crores to various private steel plants in India. Business community put their government in power to loot the public. This is well known. However, the economists from USA-UK-India are not explaining what went wrong, they are just describing what went wrong. This is the reason no one should study Anglo-American economics. Our PM studied that and that is the reason we are in this mess. Bush and Chidambaram both got MBA from Harvard, and they cannot manage anything. Lokk at Japan, they have no Harvard MBA or Oxford D.Phil but they have no such devastating crisis either.
1

USA Fin Crisis and Lesson for India - Thread over

Current Threads

aaaa at 00:03 Today : Namaaz & Namoh Namah [5 comments]

ssss sdd

	Other comments on this post
	suppliluma on Nov-01 : Dear friends, There is a whole lot of "professionals" who are wellversed in Sanskrit. There is a whole department in Harvard & many western unversities & Churches. But their interests to most extent is to subvert Hindu culture and propogate n....

hindu on Nov-01 : learning sanskrit and demeaning hinduism thats why they learn another language- the reporter should have asked them where do hindus stand in islamic politics-

F.Kemal on Oct-31 : Good.

May their tribe increase.
Likewise, it would be good to see if there are Hindus learning Quran, in Arabic! That"s the way to go.

OneHumanFamily on Oct-31 : My respect and regards to Pandit Ghulam Dastagir Birajdar Ji. If all Muslims (and others) in the subcontinent came to appreciate India"s great heritage (i.e. part of their own roots) as this Panditji does, India and the subcontinent would instantly b....

Jai on Friday : India can win Nobel for filth: Jairam Ramesh [1 comments]

Very well said,Mr Rmamesh like your party has created filth in the politics,so do common folks do for environments.

Jai on Friday : Pragmatic: Ms. Roy would approve [1 comments]

Please refrain from giving importance to the bird brained moth by comparing her with Army Chief.

g kapuria on Friday : Fundamentalist Muslim is the biggest threat to Ind.. [4 comments]

PH..I am with you. The fault is with the BJP. I cannot understand why they go with the Shiv Sena and MNS goondas.

	Other comments on this post
	Proud Hindu on Friday : We all must strongly denounce and condemn the violence and the gundagiri of the Shiv Sena and the MNS. Throw these bums out. They don"t represent me, a proud Hindu, in the least.

g kapuria on Friday : I strongly disagree. Secularists are the biggest threat to India. They shelter the fundamentalist muslims and christians. Secularist newsmedia do not report their misdeeds, which gives goondas like Bal and Raj Thackeray a platform.

Proud Hindu on Friday : WSJ: Grow Up, Indian Youngistan! [1 comments]

I prefer the catch phrases Younglandia, Youngpradesh, Youngstanam over "Youngistan."

g kapuria on Friday : SRPF jawans removed from Gateway of India, g... [2 comments]

CS.. you mean locals from across our western border, right?

	Other comments on this post
	common sense on Friday : Why not have 3 shifts of locals be the guards!

Comments (till the day of this story)

Mohan on Dec-05 : Pakistan stops Ghulam Ali from flying to India [2 comments]

Why stop music concert of a respected singer ?

Pak establishment has gone nuts.

Mohan on Dec-04 : Imran warns England about India return [3 comments]

"Dhobi ka kutta na ghar ka na ghat ka" that"s Pakistan"s position
and Imran"s as well. The only thing new here is that
"sophisticated" Imran has exposed himself.

Enough ! on Dec-03 : "India to give "fitting reply" to terrorism" [2 comments]

Yeah right! Our idea of a fiiting reply is to create a more condusive enviornemnt of more devastating terrorist srikes by appeasing MUSLIM and COMMI terrorists more than they are currently appeased!

A.Moron on Dec-03 : Rice reaches Delhi on India-Pak peace mission [1 comments]

Rice can only control India but not Pakistan. USA, China, Saudis made Pakistan what it is today. Pakistan can do what it likes, but India cannot react. This is what USa wants and it got in Pagriwalas and Lungiwalas.

Ganesh on Dec-02 : India: Strike against Pak terror camps an option [4 comments]

I doubt strike against Pakistan will ever happen. We, as a country, are too timid to go for an all-out action.

A.Moron on Nov-30 : As a Muslim, I am shocked: Soha Ali Khan [4 comments]

As a Muslim, you should be in Pakistan, not in India.

g kapuria on Dec-04 : Christians for Clemency for 11 Islamic Terrorists [3 comments]

I interpret this to mean that christians want Muslim terrorists to kill some more Hindus on their behalf. In the recent past, they used the Maoists to murder Swami Laxmananda. They are probably planning to hire these terrorists for their other Hindu targets.

Dipak on Nov-30 : Let us all stand united to face threat of terrorism: PM [2 comments]

What a hypocrit !! Not so long ago, he said muslims wrehis first consideratin, couldn"t sleep thinking of fate of one muslim, too keen to open railway and rosd link to Pakisthan. Disobeyed court order, kept millions of illegal muslim immgrants, did not hang Guru. He did not give a damn to Hindu feelings, allowing thousands of missionaries to do th....

Foreseer on Nov-30 : India to set up Federal Investigation Agency [1 comments]

This instrument is like the scalpel : good or bad depending upon the user.
A doctor will use it to sae life and a sadist may find another utility.
A inter-state body under ruling party control will execute the central government will in the states where it is not in power with a motive to put blames on the opposition party and reap electrol....

mussoloni on Nov-30 : Chidambaram, a bold reformer and taskmaster [2 comments]

WE SHOULD CALL A SPADE BY ITS NAME: CHIDAMBARAM is yet another man bent on increasing taxes for a better share in the resources of the nation among MAINO and her 40 colleagues and in the process will be thanked lavishly by this Italian and he will be guaranteed wealth for his family for 1000 years with tax money from you and me.
This fool can c....

USA Fin Crisis and Lesson for India

India Forum: Comments, Opinion, - Information Resource

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