The ascent of Robert Vadra


There are many ways to accumulate wealth and riches, none easier than marrying into it. Robert, of average looks and even averager IQ, did much better than that. He won the fastest race to billionairedom, without even having to ask his in-laws for help.

According to him, he just sent his kids to the rights schools, where they made the right friends, who had the right parents, who had the right need for his considerable talents as an average Joe. 50% ownership of international hotel chains, non redeembale, non convertible, non repayable, zero coupon loans, a few 5000 sq ft apartments in prime buildings, and many more non average kind of goodies, soon followed, all for nothing. A true case of money for nothing and Priyanka for free. His benefactors just liked the fact that Roberts kids were best friends with their kids in schools, and the fact that Robert was such a likeable average guy.

Hey, these are private transactions between private entities, and our good average Robert is not an elected officer ( who are entitled to all these goodies anyways). And DLF would have done the same for any average citizen married to the Gandhi family. Cant  see why the Congress party is jumping to  Roberts' defence...a case of the party protesting too much...they should instead be auctioning this national and natural resource to the highest bidder, in keeping with the latest supreme court rulings on such assets. He is a money making machine.

The other alternative is to elect him into an office of power, so the nation can benefit from his considerable talents. The national deficit may be completely solved in a matter of months if we leave Robert to do his job and give him  carte blanche, to seek and expand his childrens  circle of friends. Maybe they can change schools every term so they can make new friends.

And can we request honorable members of parliament and ministers like Salman Kurshid, Chidmabaram, and Manish Tiwari, to stop wasting their time, and insulting the public's intelligence by trying to defend the good Robert. He needs no defence, and even if he did, is perfectly capable of defending himself. They should instead all bow to his superior skills in winning friends and influencing people, while still maintaining a low profile and his average Joe image.

child protection issues

When our learned legislators tear their eyes away from watching porn on their mobile phones, they can act with alacrity on inane issues such as how old you have to be to fall in love. They can let important issues like the Lok Satta Bill or the Microfinance Bill or many other important pieces of legislation get caught  in political procastination, yet are pretty prompt in deciding that teenage hormones need to be legislated against in the interest of the Republic.

Of course the already overburdened police force has a lot of time on their hands to implement this new law, while looking the other way as far as minor crimes like murder, rape and the general loot of our nation takes place in full public view. The only other priority that our police force has is the security cover that they need to provide to these very legislators, so that they can be protected from each other,  and the general public.

To assume that legislation is the only way to address all social problems is like using machine guns to shoot butterflies. To assume that our learned legislators are competent and learned enough to consider all relevant issues before throwing the book  at it, is an insult to our intelligence.

So suffer in silence, at your children's peril..or let our legislators watch porn in the legislature..that is harmless fun which will cause very little damage.

Money and the police state

Was at a friends house over the weekend. Nice party, with a lot of interesting people, and great conversation.This was no teenagers head banging music party, but more like good wine and conversation flowing on issues like how South Mumbai residents would assemble in throngs for a candle light march, but would not take the time to vote.
My friends home is across the road from a very posh building in which senior police officers stay, at the tax payers expense. At 11:20 pm, one of the residents decided the decibel level was too much for him, and instead of calling my friend to lodge a neighbourly complaint, decided to send a posse of uniformed policemen to break up the party. Remember there was not even music playing, just a few freinds over for some wine and conversation, and it was not even so late at night.
Anybody who lives in Bombay city knows, that this is a noisy city..from the mullah at unearthly hours calling his flock to prayers, to Hindu devotees invoking their deaf Gods through amplified sound systems, to blaring horns, to processions to celebrate everything ranging from political events, to religious to sporting, all.highly amplified, and in general the police sleep through most of it..but when it intrudes on their personal space they react with alacrity, and have no qualms about misusing their authority and powers.
It is not only the politicians who we must blame all the time, it is also the so called guardians of law, and senior ones at that, who think they are above the law. We can either be apathetic as usual, or in the normal course let this too drown in the cacophony of noise and corruption that is our city.

Wealth disclosures by Indian ministers

What a joke!! What an insult to the intelligence of the public !! Why would they take so long to disclose, then take even longer to stonewall any attempts to make the information public, and then finally come out with something that is totally unbelievable and incredulous.

Many ministers like Farooq Abdullah, Didi Banerjee etc have collective personal assets of less than 10 Laks and even Sharad Pawar has less than 10 crores. There is something rotten in the Republic of India. Despite the recent success of the Anna Hazare led Lok Pal movement, our thick skinned politicians have not learnt their lessons. They have neither made full disclosures, and even where they have made partial disclosures the values have been so understated as to make a joke out of the whole process. For example our honourable Aviation Minister has disclosed an apartment in tony Worli worth less than 8 laks, which is less than the cost of a parking space in most buildings there. Or is he confusing the monthly rent for the capital value?

Anna Hazare,s initiative to bring accountability into public life would be completely meaningless if our elected representatives continue to take such matters lightly. Even the new proposal to call back MP's may not be enough. We need to look at the laws relating to perjury in Parliament and disclosures that they are required to make and frame severe penalties for offenders, including loss of the asset that is either not disclosed or under disclosed, followed by a lengthy jail sentence which will keep them and the public out of harms way.

I just checked the processes in the US. Not that we have to follow them blindly. The mayor of New York city Mr. Michael Bloomberg, a multi billionaire, made full disclosures of all his assets, transferred them to a trust and to money managers with whom he maintains no contact. In public office, you not only have to be clean, but also scrupulously avoid any contact with anything or anybody that may contaminate your reputation, or even remotely influence your decisions as a public officer.

Our politicians on the other hand treat their election to power as a free licence to loot and pillage our country and accumulate personal wealth with complete impunity and total immunity from any remote chance of punishment.

Greece India and Grief

Just read Michael Lewis and his take on the Greece debt crisis. He is his usual inciteful and humorous self, as he talks about how Greeks who claim to have invented Maths had forgotten to count almost 30 billion Euros in deficit spending every year, about how failure to pay taxes and cheat and lie about your income and expenses is not even treated as a minor misdemeanour, in fact it is the Greek character..

How different are we? we invented the zero..and I would argue that our grasp of what our deficit is, how it is computed and what to do about it, would probably put the Greeks to shame. And our attitude to taxes is not different either. The only people who seem to pay taxes in this country are those whose taxes are deducted at source. For every one else it is an approach of broad understatement of wealth and income and deal with the authorities, if a problem arises.

Are we headed for a Greek type tragedy?

http://www.vanityfair.com/business/features/2010/10/greeks-bearing-bonds-201010

Read the article and judge for yourself..

Fast, faster and fastest

Fastest finger first. First faster is now last. Last faster is now in hospital. The only thing that continues to feed itself is corruption.

In the last few weeks self appointed and not so civil representatives of so called civic society have tried and failed to make a dent in the governments determination to continue to turn a blind eye to corruption. Protests and threats of fasting unto death, have yielded nothing barring raised voices on prime television and fodder for front pages of the dailies.

Corruption is and always has been a crime in this country. Both the civil society,( the briber), and the politician/ bureaucrat, (the bribee?) , are punishable under existing laws. There are existing institutions such as the Anti corruption Bureau, the CBI, the local police and many other investigative agencies that have the power to enforce this law. And what do we want? One more institution that will follow in the rich tradition of all other failed institutions. And we are fighting for this? Instead of fighting to make the exisitng institutions work?

And is this the right way? Why call it a democracy, when we ignore democratic and parliamentary processes of protest, and instead use populist and street and jungle laws to drive change.The media goes crazy, as they hunger for eyeballs looking for something to do now that the cricket season is over. Plus some of the leading lights of the media themselves are not above fixing a few lucrative cabinet berths for a small ( relatively speaking) fee. Intellectuals pretend outrage, (having earlier bribed their way to positions of power), and the aam aadmi  gives a damn.

Are these the right people to lead us to a corruption free polity? Hardly likely. These are people, who have never been elected, and will never be. One is a has been Gandhian whose only claim to fame is that he was a has been Gandhian and that he was using the Gandhian form of protest. The fact that the Mahatma was protesting against unelected usurpers of power, is ignored in all the hype. The other is a billionaire yoga teacher whose only claim to fame is his ability to stand on his head while thinking with some other part of his anatomy which is not his head. And the rest of the gaggle is made up of those who will hunt with the hounds and run with the hare, and are themselves not above dipping their hands into the pot when it suits them.


And what is this about the Prime Ministers Office being subject to the Lokpal scrutiny? As if the PMO is above the existing laws of this country? And what about the Lokpal himself? It is like the old question. If god created everything , who created God? Should we not bring the Lokpal too under scrutiny by another agency to be called  Lokpal + or Lokpal Supreme? And who will scrutinise them? The PMO's office? Or the ACB? A real alphabet soup this one.

Methinks that what we lack is leadership. Leadership with determination to enforce existing laws, and lets the existing institutions do their job..and an opposition that does their job within the confines of elected parliamentary democracy, and lets the Government do its job. If everybody did their job, we would not need a Jan Lokpal Bill. If they are not doing their job, lets bring them down, in parliament through well established processes.

Dont stand outside the tent and piss inside..

Osama, Obama and the sage of Omaha

Finally the largest manhunt in history has come to an end. 10 years and a  few billion dollars later, the US finally managed to locate and kill Osama right from under the noses of the Pakistani Intelligence forces who were probably sheltering him. Strange that they located him by following a courier. Strange that even google earth pictures show a highly secure and unusually unique structure a few meters away from a Pakistani military facility. Strange that the Pakistani authorities had no clue as to who the resident was.Strange that the US forces did not capture him and bring him to justice. Strange that the body was disposed of in mid sea in a rush.

Osama of course had many secrets to hide, including earlier US complicity in his origins as a terrorist. He also probably had access to plans for all future terror strikes, and it seems rather foolish to silence him permanently. Obama of course is a beneficiary of this sudden development. With sagging ratings, he needed something like this to have any chance of re election. Whether he deserves any credit for re uniting Osama with his promised virgins is debatable. The fact that it took the most powerful nation with the most sophisticated technology at its command almost 10 years to locate Osama smacks of incompetence , if not a conspiracy to protect him to buy his silence. Obama will now have to use his considerably eloquence to explain what really happened.

Meanwhile the sage of Omaha is having an unusually bad time. There is something about American CEOs visiting India. I have seen it happen time and time again. From Warren Anderson of Union Carbide to now Warren Buffet, the India visit tends to become the last business trip the a CEO makes. The sage of Omaha is now in trouble for not acting sternly enough against his possible successor for insider trading. There are also stories emerging of large re insurance losses and bad derivative calls. Is the sages invincibility wearing off, like Osama's? And when is Obama's turn?