%%USERNAME%%    %%ACCWORDS%% %%ONOFF%% |
 |   As the first blog entry got exhausted. My second book |
| Evolution of Love Part 2 |
| After the financial meltdown in 2008, several people from the financial industry and business community committed suicide in the US. The financial meltdown itself happened due to massive fraud in Wall Street - all were involved, from lending agencies to rating authorities. Many suicide victims were victims of fraud but most knew about the frauds going on in institutions when they invested themselves. Should we blame those who discovered the fraud and should we defend unethical business practices because some people committed suicide ? Since yesterday morning, Congress leaders across the country and so-called economists are blaming tax terrorism, Modi, ED, IT and what not. All beamed by our great TV channels. I even saw a program announced on TV9 - something to the effect of "Sorry, we failed you Siddharth". When Siddharth and DKS are linked to hawala money, media did not create a hype. When ED found 480 crores lying around in Siddharth's house, media did not question him. When it is well-know that politicians of all parties park their money with these men, media doesn't even throw a light on it. It helps the same old corrupt politicians to get to power by building their images. But TV channels used a corrupt politician's son-in-law's suicide, to actually get back at Modi ! The problem is with the media which itself has investments from questionable sources. Media houses don't pay taxes. They join hands with anti-nationals to manufacture news. The list of their crimes is endless. That is what makes media so interested in making a circus out of a suicide. All channels which were guilty of this must be punished. Siddharth , Mallya, Nirav Modi etc are all made of the same cloth. They took money from financial institutions because they had political backing (it is impossible to get 1000s of crores of loans without highest level of political backing. So please dont compare these men with the rest of the business class). These me never invested big from their own pockets. That is why you see Siddharth's assets being 3 times his liabilities. These men made profits but never paid back the insititutions or paid taxes even though crores were lying around in their homes. We, the tax payers funded their loans and some of us got employed in their companies. (We even bestow upon them the title of anna daata !) That doesn't make them philanthropists. That makes them financial manipulators. To top it, they indulged in money laundering and managing funds of corrupt politicians, which could be used for liquor and other gifts during elections - the same money that keeps poor people poor for the rest of their lives. I hope this incident serves as a deterrent to other 'Siddharths' in our system. His suicide is not because of his inability to pay back the money or tax terrorism or interrogation by tax authorities !!! It is something more (related to his unethical businesses) which we will never know. Before getting over-emotional about these incidents, people should try and see how they themelseves have been looted by such financial criminals. Think where you stand on the financial food chain. These people are sharks and you, the tax payer is their bait ! And stop watching TV which is a great brainwashing tool used by vested interests and therefore, your primary enemy. Stop trying to feed your own enemy with your money. You can do that by helping the government in its good intentions to help you. *We Indians need to learn how to keep emotions in check first of all.* |
View Portfolio
Visit Notebook
Send Gift Points
Awards
Badges
Send Email
Community Newsfeed
General Discussion
Sponsored Items
Book of Trinkets
Static Items
Books
Groups
Interactive Stories
Audio
Campfire Creatives
Community Notes
Crossword Puzzles
Documents
Folders
Images
In & Outs
Madlibs
Photo Albums
Polls
Product Reviews
Quizzes
Survey Forms
Web Pages
Word Searches
