Category: crony capitalism

Why is Modi paying private airlines free money (Rs. 3000 for a Rs. 2000 ticket), while asking railway passengers to pay full fare

Modi would not meet TN farmers’ delegation.

In Uttar Pradesh legistlative assembly elections, BJP unexpectedly won with a majority. It was unexpected because Uttar Pradesh is one of the worst affected states where lakhs of workers (including migrant workers working in other states) had become jobless because of Modi government’s ill-advised demonetization exercise. This would not have happened had it not been for vote tampering with the EVMs.

So, Modi had no problem when the new BJP CM offered loan relief for UP farmers. Uttar Pradesh government cannot forgive farm loans unless the central government headed by Modi helps. EVM guilt made it easy for Modi to forgive loans in UP. For Tamil Nadu, they perhaps have to wait for 2050 elections when BJP may be able to form government for the first time in the state.

Fiscal prudence is good but is it consistent. Modi government launched another “U” scheme called Udaan, which offers to provide private airlines with a subsidy or free money for trips to low-traffic airports. For example, a 5300-rupee New Delhi-Shimla ticket will net the private airline 3300 rupees. The well-healed plane passenger will be able to buy the ticket for only Rs. 2000. Modi government’s defence is that this is a temporary subsidy scheme, which will be withdrawn once traffic picks up. This is unlikely to happen. Once the subsidy stops, traffic will stop. Like with Tata Motors plant in Gujarat. When the subsidy is over, the high-falooting corporate bloodsuckers just walk out. Everyone does this today. In the US, Amazon will start a new dispatch center in area if local and state subsidies and tax incentives are available. Amazon gets these rewards on the promise that it will bring new jobs to the area but its pays workers only minimum wage. When the rewards run out, Amazon packs up and leaves. Similarly, Intel started a chip plant in Israel on the back of subsidies, tax holidays and other incentives. When these ran out, Intel wanted close shop.

Free money for private airlines but none for public railways

The Udaan scheme runs counter to what the Modi government has been saying about the railways. FM Jaitley has been saying that rail users should start paying full fares and there should be no subsidies. Poor people travel by rail. If they had money, they would take planes. It is obvious what the reason is. Private airline heads have friends in the Modi ministry. I bet some suitcases are involved.

Advertisements

EU is a fascist dream! So, all hail, “The EU is dead! Long live the UK!”

Without trade deals, how is China still the biggest trading nation in the world?

NEWSCLIP-BL-Britain-exits-European-Union-in-Brexit-vote

I used to hate the Brits for colonizing India but now I have forgiven them. The Brits voted for independence, and freed themselves and future generations from the tyranny of a villainous super-state called the European Union (EU).

In the 11th century, William The Conqueror (from Normandy, France) occupied England and instituted the feudal system. While much of the population became as serfs to nobles, the Jews he brought with him were exempted. Like Jews in ancient Palestine, Jews got themselves exempted from the law of the land. Jews became direct subjects of the King. By the 13th century, Jews had ruined their welcome. As traditional moneylenders (Christians were forbidden by their religion to charge interest), they were not particularly liked by the people. There were many accusations of ritual murder in which children were found murdered, often drained of all blood from their bodies. Some of these children are still worshiped as saints in many parts of Europe. Some 350 years later, Jews were formally allowed back into England by Oliver Cromwell, who had beheaded the King Charles and instituted a military dictatorship. While Cromwell’s complaint was that Charles had ignored the Parliament, he ruled more or less like a king without a formal crown on his head. Under Cromwell’s “Commonwealth”, the feudal system remained intact. Jews continued to charge high interest and squeezed out competitors in various trades. Some nobles may have changed but as a class their wealth and privileges continued.

PHOTO-EU-president-Schulz-questions-the-wisdom-of-the-crowdComing to recent times, the EU has grown into a lumbering overarching bureaucratic state. Bit by bit member states have had to cede their sovereignty to the mandarins in Brussels, Belgium. Members states had to give up everything – from jobs to control over trade and immigration. But the EU left royal families, nobility and landed gentry untouched. They would be anachronism if EU had to proceed further as a real super-state.

Although UK was a member of the EU, it had not ceded all of its sovereignty. It continued to have its own currency – the Sterling Pound, and did not have to follow many EU conventions. As an internationalist, the Prime Minister of UK, David Cameron wanted to UK to subsume into the EU. In this, he faced opposition from the old guard in his party, whose loyalties lie with the royalty and the upper class of British society.

To bypass opponents in the Conservative Party and go ahead with full EU integration, Cameron called for a referendum – the Brexit. A pal of his, Boris Johnson, seems to have been given the task of preventing the likes of Nigel Farage of UKIP (UK Independence Party) from hijacking the Brexit Leave vote. During the run-up to the vote, a known supporter of Palestinians and unfortunately a supporter of the Remain campaign was, let’s say, sacrificed for maximum advantage. (In France or Turkey, there is always a terrorist attack whenever the politicians in power are not doing well in the popularity charts.) To make matters worse, YouGov published a poll in which weeks of Leave campaign advantage was reversed and the Remain campaign was shown as in the lead. This was the reason why voter turnout was high.

Given such high turnout, the writing was on the wall. But the globalists had to show that Remain campaign was not in a minority. Hence the final tally showed a difference of just a few percentage points.

If the Leave camp was in a minority, then the turnout would have been low. The television images of rapefugees from Middle East and boat people from Africa had created indelible impression that UK and the EU was under an invasion. Instead of stopping the influx, German government were getting them to stay. As it became clear that Germany would not stop refugees, millions of illegal migrants started invading the borders of the borderless EU states. These illegals were everywhere – inside bus stations, railway stations and highways. When they were stopped, they started attacking. In Germany, Sweden and other countries, rapefugees started mounting sexual assaults on women. Instead of arresting them, authorities wanted citizens to take precautions. Churches were asked to remove the crosses when refugees were housed in them. Citizens living in state housing complexes were asked to leave to make way for refugees. Near the English Channel, illegal immigrants had stopped trains, trucks and other traffic.

The alien invasion came at a time of financial turmoil in EU states. EU integration and free trade had destroyed the manufacturing base of these countries. Countless factories and businesses had shut down. Jobs had become. Housing and education was becoming more and more expensive by the day. Despite all that, anyone opposing the illegal migration was immediately branded as a Nazi. Politicians and journalists were making bold-faced lies about the alien invasion and its response. It seemed that system had failed. The referendum captured a revolt in the making.

Is it the end of the world now? Hang yourself if you want!

Before the refrendum, everyone from the Janet Yellen to the EU to the IMF was claiming that Brexit would be catastrophic. After the refrendum, nothing happened. Sure, stockmarkets crashed but they are still trading higher than the week before.

Will Brexit be bad for the UK? UK is broke. It can’t get out with the EU as a millstone around its neck.

No. Britain was not a full member of the EU. It continues to have its own currency, which trades freely in the market.

Despite the fact that EU regulations are already like mountains, the group is still in its infancy. EU member states still have national parliaments and are sovereign states.

The globalists initially sold the public that the EU was just a common market for goods. Over time, the customs union was followed by a common bureaucracy, powerless common parliament, a common currency, common regulations, common court…

In recent years, EU states have been suffering from financial turmoil. It was caused by poor lending practices, low interest rates and unpayable private/public debt. With the common currency, national governments were unable to guide their economies.

The solution to the financial turmoil in EU, as suggested by the globalist kleptocrats, was now a common fiscal union. A fiscal union means national parliaments are obsolete and no longer in control of their budgets. With each crisis, the kleptocrats have showed no sign of slacking. They were moving the EU super-state project even further. UK was facing doom in the EU, as are other remaining state within the union. The EU bureacracy already operates in an opaque manner. The total secrecy with which the Transatlantic Trade and Investment Partnership (TTIP) treaty was being negotiated is proof. In the US, the kleptocrats were guiding the American government on similar lines with the Trans-Pacific Partnership (TPP). Even as the American public and legislators were denied access to the draft and minutes of the negotiations, US president Obama claimed that his country (and not China) would be writing the rules of international trade. (In India, Modi government has put Nirmal Sitharam on a similar secret deal called Regional Comprehensive Economic Partnership  (RCEP) with Asian and Oceanic countries. The EU is part of a larger World Government project and Modi is a small pawn in it. Because Indian media is clueless about TPP and TPIP, there is no media discussion on the ill effects of RCEP. Instead, they are loudly agonizing over a useless NSG membership.)

INFOGRAPHIC-EU-is-fascism-in-disguise

EU is a fascist dream. UK is better off without all that red tape and bureaucracy.

How can UK trade without trade deals? Trade without trade deals is free trade!

Nations should be able to regulate their trade. Trade deals are bondage agreements. UK does not need trade deals to trade in goods or services. The biggest trading nation in the world is China. It has a huge pool of slave labour and it is destroying manufacturing nations all around the world without any fancy trade deal.

Many European countries like Norway and Switzerland already trade with EU states without enjoying the “benefits” of being a EU state.

Will not Brexit affect stockmarkets? Not any more wobbly than it is already!

The effects of Brexit will not be immediate. Cameron has delayed Brexit until October when he resigns. The new Prime Minister has two years time after that to negotiate the exit. UK can sign new trade deals with individual EU nations if it wants to. EU leaders say they want a quick UK exit but they will try to make it difficult for the UK to exit and will make it a long-drawn-out process, lest it encourage other nations to leave.

If other EU nations do not provide duty-free access to UK exports, then UK can impose duties on their exports too. This will also help restarting the manufacturing base in the UK while shoring up revenues for the government. EU needs the UK more than UK needs Europe.

Will not Scotland want to leave? Sturgeon is a Merkel!

Earlier, I would have liked Scotland to leave the UK. Now, I don’t. Small nations are easier to exploit. What happened in Iceland and Greece are good examples. If Scotland wants to leave Great Britain be part of the EU, it will be like exchanging one master for another. Sturgeon is a Merkel in disguise, put in there like Boris Johnson for a purpose.

How can you trade the Brexit

Just how stupid were those billion dollar bets based on the last minute YouGov opinion poll! It clearly shows that pundits in the media and the markets are totally clueless when it comes manipulation of events.

Stockmarkets have become extremely sentiment-driven. They are like a cat on a wall. However, thanks to quantitative easing, a lot of government money has come into the stockmarket. It will not return unless interest rates are hiked.

Only if China stops buying US treasuries or Saudi Arabia wants to bill crude oil in other currencies than the US dollar will stockmarkets collapse as a whole in the immediate term.

Over the long term, massive corporate debt defaults are looming the US, where companies have borrowed from the market to buyback equity, which have boosted share prices. This will cause a slow downturn in the Dow. If it gets ugly, purchases of US treasuries by other central banks cannot be justified. US government will have to then devalue its currency or default on some of it debt, as I have already predicted.

You should have already bought gold as a hedge against all bad news. Stocks with good EPS and ROCE can be picked. Stocks that have run up like crazy should be avoided.

WEBPAGE-MV--Gold-Will-Be-Back

The bottom-line is that trade deals are not needed for UK to be trading. It was the unfree trade that was destroying UK businesses (the steel industry, for example). Even if other countries leave the EU, so much the better. Only when national governments have full control over their economies, can manufacturing for internal consumption (rather than exports) be able to provide enough jobs and create lasting prosperity.

Manmohan Singh’s other failure: FDI in print media

Many Western newspapers had started special India editions expecting Manmohan Singh to open up FDI in print media.

WEBPAGE-nyt-india-ink-retired

Many Western newspapers had started special India editions expecting FDI in print media. India Ink, started by New York Times, had to shut down.

Never let a tragedy go to waste. We have seen this several times in the past. Whether it is Modi losing elections or Brexit vote, Jaitley exploits the panic to the advantage of globalist kleptocrats by allowing FDI in news sectors of the economy that was previously not allowed.

So, when is it for FDI in print media? For several years now, Indian Readership Survey was used to falsify newspaper numbers so that media buyers could (ignore Audit Bureau numbers) and excuse themselves for advertising on loss-making Internet properties (“New Media”). Contrary to expectations, Indian newspapers have grown from strength to strength.

Jaitley has an extremely cosy relationship with many media barons. The phony Modi Wave campaign, which legitimized the tampered voting machines result, was undoubtedly the result of a premeditated media effort. And, the quid pro quo? No FDI in print media? Or, is it the case even now. Manmohan Singh was a media darling at the hight of 2G scam. But at the last few months, when Modi became the choice, the same choir started cold-heartedly called him a weak prime minister, just like Advani.

FDI in multi-brand retail was supposed to be a no-no up until now but Jaitley used Brexit to sneak in FDI in food retail – directly affecting grocery and vegetable shops. How did that happen?

My guess that at the end of Modi’s term, Jaitley will sneak the “FDI in print” bird out, that is, when it becomes clear Modi will lose elections. Remember, how Reliance Industries used Economic Times to extract the maximum out of the Congress government at the fag end of Manmohan Sing government. (https://moralvolcano.wordpress.com/2014/03/04/free-plane-rides-to-pols-is-bribery-no-matter-how-it-is-accounted-for-it-is-like-stealing-from-company-accounts-by-submitting-false-receipts/) The first two pages of the paper that day was a open request to Congress to help Reliance. This was despite Moily’s bonanza to Reliance on the KG Gas price issue. (It was doubled.) It wasn’t just Reliance. Many Congress ministers and corporate houses skipped their annual pilgrimage to Davos that year so that maximum benefit could be made before a change of government.

Modi enables mass-poisoning of Indians by allowing edible oils to be blended with GMO cottonseed oil

What is poisonous to the worm will also be poisonous to humans, as the pesticide is not sprayed but genetically produced in every cell of the crop.

Beware of the “refined” cooking oil available in the market. Instead of mechanically pressing the seeds to extract oil, oil refiners are using chemical solvents to do the same. And, to make the oil look crystal clear more chemicals are added and vital nutrients are removed from it. (Hindu Business Line; Solvent extractors trade body locks horns with Ramdev’s Patanjali; http://www.thehindubusinessline.com/economy/agri-business/solvent-extractors-trade-body-locks-horns-with-ramdevs-patanjali/article8547756.ece) Vandana Shiva writes (http://www.thehindubusinessline.com/blink/know/small-oil-crisis/article8194051.ece):

The ghani (oil extraction plant) set up by Mahatma Gandhi at Sewashram in Wardha, Maharashtra, has been a visible and working symbol of a self-reliant community since 1934. This living legacy is now in danger of shutting down.

Ghanis have been around since ancient times. Food historian KT Achaya dates the use of sesame oilseeds to the Harappan civilisation around 2000 BC. The ghani entails a symbiotic relationship between farmers who grow oilseeds and consumers looking for fresh, healthy, cold-pressed oil. This rustic, grassroots enterprise today finds itself on the wrong side of modern food safety regulations.

Now, to make more profits, solvent extractors are blending cooking oils with cottonseed oils. Much of Indian cotton farmers have switched to the poisonous GMO cotton. People oppose GMO for common sense, scientific, and economic reasons.

Common sense – the idea of splicing plant gene strands & putting poison-producing genes from a bacteria should be revolting. It is also a disproportionate response, like swatting a fly with a hammer. Instead of spraying a pesticide, they are putting it in every cell of the plant.

Scientific – The pesticide (from the bacterium genes) is in every cell of the crop unlike earlier solutions such as sprayed pesticides which can be washed away. The pesticide that kills the bollworm will harm humans too, even if it doesn’t immediately kill them.

Economic – For millennia, farmers are used to retaining the seeds from the current harvest for planting in the next harvest. GMO companyies want to take away this right by selling them third-generation seeds which mathematically increase the number of unviable seeds with each replanting. GMO crops are not only designed to make farmers dependent on the seed manufacturer but also specially designed pesticides such as glyphosate.

Scientists benefiting from GMO brush aside all opposition as the babblings of a superstitious lot. LEAVE THE SCIENCE TO US!

Apparently, the “bollworm-resistant GMO cotton” is not really bollworm-resistant. Even though a majority of cotton farmers have switched to SCIENCE-based GMO cotton, they still have to contend with many strains of bollworm. They have to continue to buy pesticides, which the GMO  poison was supposed to eliminate. In the US, GMO and glyphosate use has given rise to “super weeds” which grow taller than a human being! (They weeds adapted with genetic mutation as only those that survived the glyphosate spraying to create another generation.) To combat super weeds, farmers are spraying more pesticides, endangering not only themselves but also those living in the neighborhood of these farms. (GMO poisoning is then given new causes such as Zika virus without any scientific basis.)

http://www.usnews.com/news/articles/2012/10/19/herbicide-resistant-super-weeds-increasingly-plaguing-farmers

WEBPAGE-US-News-herbicide_resistant_super_weeds_increasingly_plaguing_farmers_us_news1

So much for all that SHIENSH claims! Monsanto claims that testing the safety of GMO and related pesticides is not its job.

Contrary to public belief, US FDA & DOA don’t do any testing. certifing. The revolving door policy encouraged by US presidents over several decades ensures that ex-industry executives (not scientists) who become officials in these government agencies are richly rewarded when they return back to the industry after their stint at “public service”. US government scientists do not actually validate any product on the market. They are there to create an illusion for the benefit of a gullible public.

https://twitter.com/MoralVolcano/status/746721044761743360

Cell phone radiation is the new tobacco – Mobile phone industry propagandists freak out over NTP study

It took several decades for the US government to accept a link between tobacco and cancer. It will take many more decades to prove the link between wireless radiation and cancer. Unfortunately, by then, human civilization would have gone past Idiocracy (the movie) state and reached the Planet of the Apes state.

DAILY MAIL: A woman who carried a phone in her bra for 10 years was diagnosed with cancer.

DAILY MAIL: A woman who carried a phone in her bra for 10 years was diagnosed with cancer.

US government will go to war on a mere suspicion that the leader of some oil-rich country is harboring thoughts of acquiring nuclear weapons. Citing non-existent terrorists, they will ask citizens in their country and outside to give up their rights for the “greater common good.” But, when scientific studies suggest a possible health risk to the population, they prefer to look away.

The National Institutes of Health (NIH) of the US government had formed the National Toxicology Program (NTP) to conduct a large-scale study on the link between cancer and mobile phone radiation. The preliminary results indicate that there may be a risk of cancer for phone radiation. Scientific American says:

The researchers found that as the thousands of rats in the new study were exposed to greater intensities of RF radiation, more of them developed rare forms of brain and heart cancer that could not be easily explained away, exhibiting a direct dose–response relationship. Overall, the incidence of these rare tumors was still relatively low, which would be expected with rare tumors in general, but the incidence grew with greater levels of exposure to the radiation. Some of the rats had glioma—a tumor of the glial cells in the brain—or schwannoma of the heart. Furthering concern about the findings: In prior epidemiological studies of humans and cell phone exposure, both types of tumors have also cropped up as associations.

In contrast, none of the control rats—those not exposed to the radiation—developed such tumors. But complicating matters was the fact that the findings were mixed across sexes: More such lesions were found in male rats than in female rats. The tumors in the male rats “are considered likely the result of whole-body exposure” to this radiation, the study authors wrote. And the data suggests the relationship was strongest between the RF exposure and the lesions in the heart, rather than the brain: Cardiac schwannomas were observed in male rats at all exposed groups, the authors note. But no “biologically significant effects were observed in the brain or heart of female rats regardless of modulation.” Based on these findings, Portier said that this is not just an associated finding—but that the relationship between radiation exposure and cancer is clear. “I would call it a causative study, absolutely. They controlled everything in the study. It’s [the cancer] because of the exposure.”

– Major Cell Phone Radiation Study Reignites Cancer Questions; 27 May 2016; http://www.scientificamerican.com/article/major-cell-phone-radiation-study-reignites-cancer-questions/

Even before the news trickled out, the media has been flooded with articles asking people not to freak out. They are also muddying the debate by taking cheap shots at sellers of radiation shields and other such products.

This guy is a lobbyist for the phone industry but hides it in his op-ed articles.

This guy is a lobbyist for the phone industry but hides it in his op-ed articles.

The industry propagandists hide their affiliation by adding a non-disclaimer disclaimer to the article – “Views expressed in this article are personal.” Apart from them, there are sellouts from the medical/scientific profession who have been encouraged write articles and even maintain entire websites and blogs to propagate the idea that cell phone radiation is safe. All of them cite prestigious organizations such as WHO and Mayo Clinic as having cleared cell phone radiation. Unfortunately, most “studies” are just surveys made on other studies. The original studies have serious limitations and/or are not conclusive enough.

All cell-phone-cancer "myth-debunking" articles quote studies that were limited in scope.

All cell-phone-cancer “myth-debunking” articles quote studies that were limited in scope. (http://www.cancer.org/cancer/cancercauses/othercarcinogens/athome/cellular-phones)

The World Health Organization (WHO) formed International Agency for Research on Cancer (IARC) to study the issue. IARC designated that cell phone radiation was possibly carcinogenic. Possibly under pressure from telecoms, WHO later announced that there is no link. It currently has a study to be released this year that will conclusively prove/disprove the link.

World Health Organization has two position on the cancer risk from cell phone radiation and masts.

World Health Organization has two position on the cancer risk from cell phone radiation and masts. http://www.who.int/features/qa/30/en/

The propagandists are not above making false statements or making wrong conclusions. This hack from Business Insider says that rats were exposed to radiation levels that do not correspond to those exposed to humans. With all the Wi-Fi and mobile data (2G/3G/4G/5G) networks connecting all the apps (that report back to home base all the time), Bluetooth devices, smart watches and bands including the hyped-up Internet of Things (IoT) coupled with the equally hyped-up Big Data, the rats would have got comparatively less radiation. One of the most abominable views espoused by them is that the mobile phone waves, which can pass through buildings and underground, cannot get below the skin!

A "Relax, sheeple" article from Business Insider.

A “Relax, sheeple” article from Business Insider. https://www.yahoo.com/tech/why-shouldn-t-freak-cell-173100095.html

If it is 100% sure that there is no risk of cancer for wireless radiation sources, then why do government websites still carry precautionary measures against cancer. These pages should be removed.

Government web pages on cancer recommend that phone exposure be limited.

Government web pages on cancer recommend that phone exposure be limited. (http://www.cancer.gov/about-cancer/causes-prevention/risk/radiation/cell-phones-fact-sheet)

Scientists and doctors are having a tough time with demands to provide unassailable “SCIENCE-BASED” conclusions. For now, they are citing studies that show no link while advising people to take precautions. Propagandists meanwhile will laugh all the way to bank.

 

 

 

Though RBI has to keep interest rates high to prevent Indian Rupee from devaluing, Raghuram Rajan or his successor will bring rates to zero

Just in time for dubious financial products (a la Wall Street) from the new “Payment Banks”!

In an era of competitive currency devaluation, lowering interest rates would be stupid.

But, greed spares none.

In a low interest rate regime, there will be no point in investing in government securities or other fixed rate instruments. So, even conservative players such as government bodies, insure companies and regular Joes will be forced to invest in these dubious financial products that had already been seen as causing systemic destruction in 2008.

image

Wren & Martin Grammar anyone? The state of textbook publishing in India

Oxford grammar has dropped interjections from parts of speech! Have Britons really become a nation of drunks in permanent stupor-hangover, as some news reports allege?

Cover of Wren and Martin's High School English Grammar & Composition

It all started with the question what a subject and a predicate were. That’s how state board books in India start with English grammar. My new Oxford grammar book was of no help. So, I went and bought a copy of the venerable-old Wren and Martin “High School English Grammar & Composition” today. This is a book that has been in use for several decades by students of English in India and other British colonies. It is like Dondo Moden French Course, which is a humble textbook published by Oxford University Press and used all over the world to learn/teach French for over a century.

When I was in school, I never owned one but my friends used it. Even though I was surprised they would spend actual money to buy a grammar book, I found the book worthwhile before exams as it had more grammar exercises than the one prescribed by our school syllabus. My friends also bought the key to the book and it was useful to cross-check our answers!

S Chand had made several revisions to the original text. There are now two editions – one illustrated and the other is not. I bought the illustrated one. The paper quality (recycled) is not as good as it was IN THOSE DAYS but the color illustrations were a surprise. I did not buy the Key to HSEG&C but it is available. (The Dondo book also has a “key” book for its exercises.)

Illustrated Wren & Martin's High School English Grammar & Composition

The Oxford grammar book bears no resemblance to the grammar used in Indian school textbooks. Oxford grammar seems to be an example of the control-freak mentality that has ruined several disciplines. The US Department of Defense would call a pencil as “portable handheld graphite communications inscriber”. They obtained a permanent place in management books by famously ordering toilet seats for $600 per piece. One of their studies revealed that 50% of their software projects were never delivered and one-third of delivered projects were never used. These inefficient and corrupt fools then bypassed the whole issue by asking Carnegie Mellon University for a solution. Those morons came out with SEI CMM (Software Engineering Institute Capability Maturity Model). This was adopted by industry without question and for years experienced project managers were denied jobs because they did not have training or experience in SEI-CMMM. It is only in recent times that people have realized that the whole thing was stupid and a waste of everyone’s time. Even before they got rid of this ghost, it was periodically harmed by hysteria such as agile, stack ranking, frameworks, and other common-sense alternatives.

In my CBSE high school grammar book, there were 9 parts of speech and they began with the articles a and an. In the W&M, (at least it seems to be now that) articles are part of adjectives. That’s fine because they also describe a noun just like other adjectives. In the Oxford grammar book, interjections have been eliminated, and articles and other forms of adjectives have subsumed in to what are called as determiners. Ouch! Why did they even bother? All of these so-called determiners are just adjectives!

There are no interjections in Oxford grammar. Articles have been folded into what are called 'determiners.'

Anyway, S Chand says it is the oldest and biggest publisher of educational books in India. (Textbooks in India are bigger than other forms of publishing.) I am not sure if S Chand is as big it once was. There are definitely a whole lot more publishers now.

The reason I went for W&M was the poor language and grammar that I found in the state board school textbooks. Using the Oxford grammar book was out of question. In India, W&M English rules. The Oxford book tried to be easy while being detailed but failed in both. W&M is simple and makes sense.

So, why are schools using these substandard textbooks? It is a long story. When I was in school, we had English reader and non-detailed books published by Orient Longman and Gulmohar. (After our school got affiliated with CBSE, we switched to several NCERT/CBSE books.) After Longman was purchased by Pearson, Orient Longman changed name to Orient Blackswan. Gulmohar is now an imprint of Orient Blackswan.

I was also looking for a maths textbook and found that prices from big publishers were way above what lower middle class people can afford. (The textbooks are mainly targeted at CBSE and ICSE students.) The substandard English textbook used by my kid’s school as part of Karnataka State board is priced at just 70-80 even though it is in full color. The Orient Blackswan textbooks are above 200 and I am not even sure if it was in color.

I did find a better quality maths textbook by one publisher Bharti Bhawan priced at 100 but their books are devoid of color. The authors have retained the copyright with them and the publisher has not even have left their website or email address in the book.

The problem with these publishers may be that they print the books in Delhi where costs could be high. There is only one place in India where you can publish high-quality books in full color at a very very low price and that is Sivakasi, the place in Tamil Nadu from where all the Diwali fireworks come.

So, my advice to all these Delhi publishers is to visit the factories in Sivakasi and ask Delhi printers to match the price.

Established big-name Indian textbook publishers should also focus on state board student textbook market. They need to first cut their price. Sivakasi can help with that.

Pearson has been buying up all independent textbook and educational publishers. There are very few independent educational publishers left. (Have you noticed beloved Camlin stationery company is now part-owned by Mitsubishi Pencil) They have also put their people in the United Nations and are imposing their coursework on all over the world. Bill Gates has also jumped on their bandwagon and want all school teaching to be transferred online (on Microsoft Azure cloud running Pearson e-learning, of course). It is a bad omen if the fox is licking the lambs, as Navjot Sidhu once said.

Pearson-Microsoft’s product is called Common Core and this is being imposed on schools all over the United States by the Obama government. The Common Core system is also being imposed on schools all over the world via the United Nations. People from Pearson-Microsoft meet the top officials of school boards and their Common Core curriculum gets imposed down the line without any consultation. Parents, teachers, students, and school administrators have all bitterly complained about the Pearson-Microsoft product but the relentless assault on the traditional form of school learning goes on unabated. The Common Core curriculum has been faulted for dumbing down education, overloading school administration with non-teaching staff while pushing more computer sales, software licenses and cloud contracts.

Pearson is so sure about its education market fortunes that their are shedding Financial Times newspaper and Economist magazine (Economist claims it is a newspaper on the cover) to focus on its core incompetency.

Don’t think India will not fall under their global sweep. Already, the former DMK government has taken the first steps in Tamil Nadu. They called it Samacheer Kalvi, which is the exact Tamil translation for Common Core Education.

Coal linkage plan for power producers proves that Modi’s govt policy is dictated by vested interests

Piyush Goyal is a A Raja clone! Nothing much has changed from Manmole’s time.

The InfraLive magazine (www.infralive.in) is not a magazine that you can get easily from your local newstand but they covered the scam in great detail. The coal linkage plan reads like it was written by the power producers, not by the coal ministry or even a government official.

In this letter sent to the Coal India Limited (CIL), the Indian coal ministry has asked it to continue to supply coal to Thermal Power Producers at knock-down prices that they were able to lock on under Manmohan Singh government. Now, Piyush Goyal has asked CIL to continue supplying the coal at the same price. Yes, there is a line that says the savings may be required to be passed on to consumers but consumers have seen bill rates go up, not down.
LETTER-Coal-Scam-Continues-under-Modi

http://coal.nic.in/sites/upload_files/coal/files/webform/notices/300615.pdf

On the Times Of India, the news originally appeared in a small column.
https://moralvolcano.wordpress.com/2014/10/04/piyushgoyal-the-wannabe-araja-of-nda-who-is-going-to-take-modi-to-tiharjail-bypasses-coalgate-judgment/

On their website, there is more info.
NEWSCLIP-TOI-Windfall-benefit-continues-for-TPPs-who-signed-PPAs-with-UPA2

When reading about the coal scam in the book by the former CAG’s Vinod Rai, one can see that nothing much has changed under Modi.

cam003440201

In the name of finding new funding sources for Indian Railway, minister Suresh Prabhu creates Enron-style, inflation-proof, no-risk model privatization contract!

The agreement does not seem to be about generating new incomes sources for the railways but privatization of railway’s existing profits and revenue. This is a repeat of the Air India saga in which Praful Patel and government appointees (appointed by Manmohan Singh) mismanaged Air India and Indian Airlines, diluted the brands, diverted profitable routes to private airlines and then burdened it with enormous amount of debt by forcing it buy a huge number of Boeing and Airbus aircraft. Modi government says Air India is unviable and needs to be closed down. If this goes on, the same will happen to Indian Railways. At best, all profits that the railways can earn will go to private parties, and the government and the public will continue to refinance the railway. http://economictimes.indiatimes.com/industry/transportation/railways/suresh-prabhus-model-concession-agreement-aims-to-woo-investors-for-funding-railway-projects/articleshow/46656872.cms

Franklin Templeton screwed over by Rothschilds with billions stuck in Ukraine bonds, even as the latter tries to find new losers aka creditors

Anyone who has invested in mutual funds knows that Franklin Templeton is one of the safest bets. They are unlike all other players. They do not show a follow-the-herd or become part of any investment frenzy. They pick solid stocks, wait patiently and make a profit over the long term.

On the international level, it seems to be case. It is known as an astute and conservative player. Well, apparently not. They have invested billions in Ukrain sovereign bonds. Ukraine’s Russian-dominated eastern half where most of the industry is located has rebelled and Ukraine is unlike to pay back Franklin Templeton and other creditors anytime soon.

nuland-smokey
The Kagan clan with the Victoria Nuland/Noodleman has been busy stoking war in Ukraine and trying to engage it in a larger war with Russia. And, a Rothschild banking firm is trying to get new creditors (aka total losers) to fund the wheat-growing eastern half of Ukriane run by the chocolate king Poroshenko.

Not many people have shown willingness to Rothschilds for providing new funding for Ukraine. Russia has already said that it does not want to break up Ukraine. The correct thing to do would be make peace with the rebels and give Eastern Ukraine more autonomy over its affairs. This would put Ukraine’s economy back on its feet.

Instead of that, the Kagan-Noodleman clan has been let loose in Ukraine. This has made all prospects of peace impossible. The Rothschilds are unlikely to take a hit in the Ukraine bonds. They say they want others to join them but they are “merchant bankers” not the creditors. They take a commission whichever way the money goes and each time. Anyone holding Ukraine bonds should tell the Rothschilds to get the Kagan-Noodleman operatives out and make peace with Russia. (Rothschild looks to organize Ukraine bondholders ahead of talks; 6 March 2015; http://in.reuters.com/article/2015/03/05/ukraine-debt-rothschild-idINL1N0W72TL20150305) Russia more than anybody else is seeking a way out of the Ukraine crisis. It is the Kagan klan that is proving to be the problem.