Saturday, October 19, 2013

DEBT Ceiling Rasied! So to Counter that, is Next Stop: Raising Federal & (where there is) State Taxes, Inevitable???


WHEN The former Soviet Union's Yuri Gagarin became the first human to journey into outer space & his spacecraft VOSTOK completed an orbit of the Earth on 12 April 1961, The United States of America had To Raise the bar & We Did in July, 1969 with Neil Armstrong & Company landing on The Moon.


The US since then Raised The Bar of pioneering Spirit through NASA & then many a private enterprise into Space....most recently Elon Musk splendid experiments too!



With The Federal Debt Bar finally having been Raised & Ted Cruz rendered insignificant at least for now, we need America to get Re-Established as a Pioneering Nation and certainly NOT by Raising Taxes or pushing out Social Security checks.



Raising The Bar is always a Good Thing, but Raising even more Debt and no clear methods on reigning in the spending actually means the Government will conveniently reduce Debt by getting it from The People via Taxes. So for Sure Taxes will have to Naturally Go Up! That SHOULD be avoided if we can.



I am going back to what the President recently said: 'We will Bounce Back, despite the 16 Day Shutdown'.



As a Professional CPA, I clearly know Taxes will go up, that is the only convenient easy way for any government to hold the reigns as the spending goes ballistic.



I also need to share with Socialistic Minded Democrats that Taxes DO NOT just go up for the Perceived Haves at lets say for example a bar North of US$ 160k (AGI).
When they go up, TAXES go up for ALL! Period! That is how it works.



Let us Americans hope that the Pioneering Spirit with which The US landed Man on the Moon in 1969, there will be More Innovation, More Manufacturing, More Jobs here in the US & indeed we do Bounce Back with ENTERPRISE & TRADE as opposed to Taxes, being the route to reign in or balance or reduce the Deficit Gap.



Its important that we all think this way instead of sitting on the fence & criticizing and listening to Radio Hosts keep on criticizing President Obama.



Of course its embarrassing when Obamacare web site does not work well. That is actually alarming! Is that because that is a Government Program?



Its funny. EBay, PayPal, Amazon are all Pioneering American Companies in the Market Place and Worldwide too! These entities are primarily successful 'cause of the backbone of a Web Based Super Structure that is Strong!



Why is it after spending Several Million Tax Dollars, the US Government is unable to render a decent Web Based Obamacare System?



How can we 'Bounce Back', if there is squandering & No Accountability?



That should change, Heads should Roll and Competent People should steer ObamaCare IT Systems and front end through the Thicket it finds itself in.



I CANNOT believe, there are No Competent IT Leaders such as able CIO, CTOs' in this Great Nation of ours who cannot provide a Vision & Plan to construct a Robust Web Based Federal Health Care System front end & Rear too, basic Client/Server Architecture Environment, without squandering Tax Dollars. We need to Bounce Back!

Note: for those who are worried about Taxes Going up in the US, your fear is justified.  Any person of ordinary Prudence is living with that valid fear.  Feel welcome to meet with me. There are many valid options that can be explored & discussed and Solutions are offered by the US Tax Code to help minimize and even avoid Heavy, Immediate and Absolutely Avoidable Taxes on your Retirement Funds, be they 401(k) or IRA or other Tax Deferred Repositories.  You owe it to yourself to see a Good Quality CPA to help you circumnavigate the Provisions of the Tax Code to help you fortify and help keep more of your nest egg for yourself.

Thursday, August 15, 2013

INDIA: A Real Jewel in the Crown!

INDIA on the Occasion of its 66 years of Independence from British Rule & Going Strong!

INDIA: Well known to the British Raj as ‘THE JEWEL IN THE CROWN’ & so it was.

Great Britain had many colonies around the world; however, among all the colonies it ruled, no other Colony embraced its Language: ENGLISH so whole-heartedly and put it to great use to accomplish and achieve as great heights as INDIANS have done. INDIA’s immense ongoing success is in no small measure due to its embracing of education in the English Language.

INDIA truly is a land of Astronomy, Spirituality, Mathematics, Philosophies and Great Men of Letters & Great Accommodating Spirit, since times immemorial.

Cutting down to more recent yester year & contemporary times as a tribute to the Great Nation of India let me list a few Great Men & Women of India who used the English Language very well and astounded the Western World towards Accomplishments in their endeavors and callings:

1. Swami Vivekananda http://en.wikipedia.org/wiki/Swami_Vivekananda
2. Rabindranath Tagore http://en.wikipedia.org/wiki/Rabindranath_Tagore
3. Mahatma Gandhi http://en.wikipedia.org/wiki/Mahatma_Gandhi
4. Pandit Jawaharlal Nehru http://en.wikipedia.org/wiki/Jawaharlal_Nehru
5. Dr. V K Krishnamenon http://en.wikipedia.org/wiki/V._K._Krishna_Menon
6. Dr. S Radhakrishnan http://en.wikipedia.org/wiki/Sarvepalli_Radhakrishnan
7. Maulana Azad http://en.wikipedia.org/wiki/Abul_Kalam_Azad
8. Pandita Rama Bai http://en.wikipedia.org/wiki/Pandita_Ramabai
9. Dr. Vijay Lakshmi Pandithttp://en.wikipedia.org/wiki/Vijaya_Lakshmi_Pandit
10. Dr. Abdul Kalam http://en.wikipedia.org/wiki/A._P._J._Abdul_Kalam
11. Atal Behari Vajpayee http://en.wikipedia.org/wiki/Atal_Bihari_Vajpayee
12. P.V. Narasimha Rao http://en.wikipedia.org/wiki/P._V._Narasimha_Rao
13. Jidu Krishnamurthy http://en.wikipedia.org/wiki/Jiddu_Krishnamurti
14. Verghese Kurien http://en.wikipedia.org/wiki/Verghese_Kurien
15. Dr. Sashi Tharoor http://en.wikipedia.org/wiki/Shashi_Tharoor
16. Prof. Amartya Sen http://en.wikipedia.org/wiki/Amartya_Sen

The above is a sampling of a list of Men of Letters, Courage, Conviction and Visionaries from India (past & contemporary) apart from many distinguishing others too.

MEN OF LETTERS, is who should make up the Parliament of India. It’s the Vision & contributions of such & many other men & women of letters that have led India thus far. It also speaks of the Strength & Continuous Might of India.

Can we find as many in today’s Polity….is a poignant and rhetorical question I ask today, as I continue to celebrate INDIA in my own way too. I LOVE & am Passionate about INDIA. Jai Hind!

(note: the above are all men & women i.e. mortals with flaws just like us as is known to mankind. However what distinguishes them is their Vision, Mission, Passion and Commitment to The Great Nation of INDIA AND it Indeed Reflected in their Thought, Word & Actions….Jai Hind!)

Wednesday, July 17, 2013

Aaare Bhai, its me! These days "A Now & Then blogger"


OH BOY!  Today I am in one heck of a writing mood!  Wanting to write is at times almost like a drunken stupor for me (mind you, I am not an Alcoholic, though).  Writing is meant to be an unrestrained pursuit, even much to the chagrin of my dear wife, who stoically amidst protests, amusingly puts up with me. (I love her Very Much).

I believe if you do not pen it down, the flow never returns for those specific thoughts racing through the forefront on your mind, right then!

One of my dear friends queried with me recently, genuinely: “why do you have to write so much and tell the world?”, "don’t you have better things to do? & that too on fb???, who reads what you have to say any way on dumb fb?  Why don’t you blog on LinkedIn or a blog site instead????’….I smiled and determined to stay quiet & give my answer through this note on 'dumb fb'.

FRIENDS, Yes, I do blog and do put stuff on LinkedIn & Twitter too now and then.  But it’s the thrill of an instant quip from someone over fb (+ve or –ve) that ekes out mirth in me and keeps me Young Hearted.

I have discovered that for myself, unlike many who hold disparaging views about posting on fb, I do not subscribe to that. Do I have tons to do, other than fb, sure YES, but for the Joy of remaining Young Hearted….well never let that Spirit Go!

To me its Writing among other pursuits, to someone else its music, to yet another, its Golf or Cooking…..I say go for it! Never kill Passion!

Would I dare to do stuff like this back in time when I was with E&Y or PwC or other Multinationals, SURELY NOT!  I would see the reflections of doing so on a Performance Appraisal to follow!

THIS privilege of living life ‘foot loose and fancy free’ is the exclusive preserve of An Entrepreneur or one who is in His/Her own business.  A Business Man get to move schedules around to let the creative juices flow until they ebb…just kidding…..have a Joyous Day folks, whichever Hemisphere you are in!

REMEMBER: NEVER KILL PASSION for doing stuff! It sustains you and is your identity, above all KEEPS YOU TICKING! Adios, Au Revoir, Namaste, Cheers!!!