Obama’s Baby Steps into White House

The author critically examines the preemptive days of Barrack Obama before he assumes the Presidency. He held out lots of promises that gave him the opportunity to become President of United States. But the chaos that has set in has already made his life miserable. He is unable to force any change by recruiting only trusted old guards from erstwhile Clinton Administration. His choices of people, his priorities, and his views on economy and resolution of economic crisis are so poor that he is promising to be yet another “mediocre” to rule the United States. The nation is on the verge of breaking apart, the Author claims, and it is possible the fate of USA will imitate that of USSR, and in that case, Obama will perhaps be the last ruling president of a beautiful nation once upon a time called United States of America. Read further….

Robbers on the Loot

The author examines the role of the FED, Treasury, Senate and the President in denying paltry $34 billions of loan package to US Automakers, viz. GM, Ford and Chrysler and save 3 Million jobs while liberally giving $410 billions in loans and guarantees to Citigroup who fired 75,000 employees. Is FED creating unemployment? It would cost otherwise $200 billions by not helping the Automaker due to massive rise in unemployment allowance by $200 Billions combined with lost taxes. Is it real stupidity or does it point to corruption in high places. FED distributed over $ 2trillion dollars in last 2 months in non transparent operation. Something is wrong somewhere.

Vultures Circling on US Auto Makers

The author starkly contrasts the accomodating policy of giving billions of dollars to bankrupt brokers for their off shore operations, while denying 3 Auto makers of just $25 billions to stave off the bankruptcy that would otherwise cause over 3 millions of job losses. Read more..

Helping Indian Industrialists, Mr. Prime Minister

The Author applauds India’s top Industrialists – Ratan Tata and K M Birla. They became victims of the credit crunch that severely dented viability of their overseas acquisitions such as Corus, and Jaguar (in UK by Tata) and Novelis (by Birla). The author appeals to the Prime Minister and Finance Minister of India to help these great industrialists from India’s FOREX reserves of $300 billions and save these vital groups from dire distress. India’s forex reserve should be used for Indians first and others later, the Author argues.

How good is the Reliance Petroleum (RPL) for Investors?

The Author tried to address the hypes on one of India’s most premium business house – Reliance Induustries Ltd, and its presently promoted Reliance Petroleum Ltd. (RPL) a massive green refinery, ranked 6th largest in the world. The refinery, in which Chevron holds 5% stake, comes on production stream in December 08 (now delayed to Jan 09). The stock price of this unborne child went on as high as 259. Currently trading at Rs 82, the author argues that the stock of this prized company could drop to 30 to 60 level due to host of factors, including hitherto unknown Rs 77oo crores of derivatives outstanding (US$ 1.6 billions). Too many shares – 4.5 billions are too much to digest in the market, although 70% is owned by its parent RIL – first ever Fortune 500 Indian company.

Ignored Letter to the President Bush Causes $15 Trillion Blow Out

The Author reproduces the letter addressed to the President Bush proposing resolution of credit crisis with complete action plan. The letter was received by White House on 25 August, 2008, almost 2 months and 1 week before the present impasse. It was not attended to with the result the crisis developed at unprecedented pace from 2nd week of September, throwing entire Nation and the World into most horrific financial crisis. While the President had time to go to G7 meeting, he did not have time to at least look at the solution recommended at his doorstep by this author. And the result is known now – $40 trillions lost world over in last 2 months (including $15 to $20 trillions in US alone) and the crisis is not even showing sign of abating – in fact it is worsening. 2 months of golden opportunity was thrown away by the President of United States who never had any idea what to do, when, how and resolve it as fast as he could. He believed merely on rhetoric and trusted his advisers who let him down everywhere.

ACTION TIME TO BUY the Stocks

This article teaches the Investors the basics of investing especially in market crash. It trains the mind of an investor what, when, how and why should he buy a particular stock, how to hold them and when to sell in future. It is the primer not only for beginners, but also seasoned investors and professionals.

India’s ON and OFF Policy

The author analyzes the reasons for indida’s ailment, its misguided rupee policy, how weaker rupee hurts the economy and foreign investment, damaging measures taken by SEBI, RBI, Finance Ministry in hurting the rupee and their own economy. One of the finest essay on the Indian economy.

Islam Saves Islamic Banks

The author evaluates possible reasons for Islamic Banks’ avoidance of derivatives that saved them. Islam prohibits the living one’s life on earnings from Interest of any source. What is the significance and how this stricture of Islam saved the Islamic Banks from global routes