Saturday, September 19, 2009

A good doze of Shashi Tweets is good for Indian Politics!

Shashi Tharoor as 'Minster Of State for External Affairs' (Former UN Under-Secretary General) is one of the best things to happen to Indian Politics, in order to shake up the Citadel Of Silly Immature Politics in India. There are others like him too in the Congress and I consider it a harbinger of good things and a consolidation in time to come in Enriching the Quality Of the sagging Indian Political Landscape.

The new order needs to gather political momentum and the earlier the better.

Go on Shashi keep t...weeting and let the Indian Politicians get used to it and hopefully some will emulate you too.....
The good thing is Prime Minister "Singh is King" and he is backing you in all of the silly controversy raised by goons!

Some of the Indian Joker Politicians behave like kids. I suggest the silly Indian Politician (who makes much ado of nothing) wear diapers and be given a lollipop each until they grow up and behave well. That would mean diapers and lolipos for almost 75% of the: Lok Sabha (US congress) & Rajya Sabha (US senate equivalent)combined....hmmm!

Time has come to clean the augean stables and induct more genuine folks like Shashi into Politics and not let the old crass order win yet another round!

Is the GOP of India: The Congress Party listening???

Tuesday, September 1, 2009

....& BJP_Bajrang Dal_ RSS Combine's (India's very own KKK) goose is cooking

For all the secularism the BJP touts and talks about they always apparently had another hard liner agenda as was evident during VARUN GANDHI's election campaign earlier this year.

http://www.youtube.com/watch?v=DloYO-3DirM

That speech a few months back brings back what the 'Indian KKK's' true intent is:

ETHNIC CLEANSING OF INDIAN MINORITIES AND REESTABLISH BJP's OWN BRAND OF HINDU RASHTRA!

What a "heinous thought" was being nurtured & treasured in the hearts and minds of these crazy hardliners in this party ??? that has no genuine secularist principles to boast about except a sham!

A young novice parliamentarian named Varun Gandhi in his stupid egotistical pursuit blurted out BJP's true colours and turned them Red all over! But being election season some months back they were quiet and 'avoided varun'....hmmm!

This Pary produced a sterling personality such as the Former Prime Minister Atal Behjari Vajpayee (a true visionary and a secular human) but that was it! As soon as his grip and era came to a close the hard liners took over.

Thank God India is secular and Indians are the wiser by all the fracas that has unfolded in recent days.

The public should ban such hard liners and even the Shri Ram Sena, Mutalil et al.

Wonder where "Bajrang Bali" their non existing concocted God is and how come he is not coming to their rescue as the BJP house falls apart and "Lanka Burns"!

The Hinduism I grew around is a tolerant and a wise and deep philosophy and I always respect their gurus and saints due to their proposed wisdom and love for peace.

Not the crass & violent kind as is perpetrated by the BJP .....

The last time they made a bold proclamation was during the 1970s' and in unsuccessfully trying to pass the Dreaded & Sinister 'TYAGI BILL' which sought to forcibly reconvert all Christians to their radical brand of Hinduism or be thrown out of the country???

http://christianpersecutionindia.blogspot.com/2008/09/2008-mangalore-church-attacks-divide.html

Mercifully the stupid bill failed and the BJP lost the next election during the '70s'!

Seems the '70s' have not taught the BJP-RSS-BAJRANG DAL to leave the Indian minorities alone.

It is interesting how Varun Gandhi's hate speech started the folding up of the BJP.

I wonder if the BJP will rise up again with that same old constricted vision & charade.

India has changed by leaps and bounds in assimilating itself with the rest of the world while BJP continues to seek 'Ram Rajya' and live in the past by breeding hatred and infesting the world with their hate and crime!

PEOPLE OF INDIA NEED TO SHUN AND BAN THEM! THEY HAVE LOST CREDIBILITY AS A SECULAR POLITICAL PARTY TO LEAD THE INDIAN PEOPLE!

Tuesday, May 19, 2009

LTTE's Prabhakaran is silenced! & India's KKK & The Commies are humbled..

Very Interesting recent developments half way across the Globe:


1. India's very own Ku Klux Klan (KKK) "The BJP" and the Communist God Haters: "CPI & CPI(M)" were both defeated and humbled at the recently concluded Indian Hustings for the Indian Parliament!

2. Sri Lankan LTTE's Prabhakaran (who master minded Former Indian Prime Minister: Late Shri Rajiv Gandhi's killing 18+ yrs ago) meets the same fate as Saddam Hussein did and India's secular credentials are firmly restored at the recent Elections!

Wow!

That's like a double whammy for those who are: Terrorists, Hate Mongers, Lovers of Old Style Communism in short those against Western Style Governance, Ideas and Concepts for growth and development for the Indian Subcontinent and region!

A major victory for all who stand by Secularism and Democracy!

#3. Let's also hope the old and crass order of politics represented by Lalu, Mulyam, Ram Vilas Paswan, Amar Singh: "The Birth Day Panderer and owner of the Older Brother Younger Brother Legacies" comes to an end and is eradicated from Indian Politics and the Augean Stables are cleaned by the well meaning brigade headed by Rahul Gandhi and his band of merry men and women!

Jai Bharat! Long Live the new winds of change on the Indian Political Horizon!
This is your shining hour to establish yourself and better the Sub Continent Region through a Cleansing of the Political Arena and above all inculcating GOOD & CLEAN GOVERNANCE!

Wednesday, February 4, 2009

Comment on the Teflon Tribe of India

Hi Suhel,

Right On!

You have hit the nail on the head and the Teflon Tribe is the bed rock of the cess pool of corruption in India! It’s the Giant Black Hole of corruption that pulls in Politicians, Entrepreneurs and the Aaam Admi due to his/her misfortunes.

The tribe loves the system since it breeds the decay and keeps their coffers full.

This tribe knows very well that the jack pot is the old behemoth and archaic ancient administrative system inherited from the British Raj and that no 'Indian in Public Service' or the 'Government in power' has the juice in their ----- to tear it down.

As you have pointed out the fault line in your article it would be nice if you could do a follow up blog on how to tear down the old edifice.

May be people in power and those who can do some thing about it do not know how to shatter it and rebuild all over again.

Please be that guiding light too!

India needs that expertise desperately....the Question for the hour is: "who will bell the cat"? Or should it be rephrased as "who will conquer this Anaconda/Python???"

Regards,

Koshy George
San Jose, CA

Sunday, February 1, 2009

Is it the end of Free Market Enterprise!

Some are prone to think that the US is done with and it does not matter any more!

How wrong!

Recently I was prompted to respond to an individual who commented on CNN IBN and those comments are replicated below:

The world is a Global village and boundaries on the lines you are touting have actually dwindled or are on their way out.I highly recommend this book to you:"The World Is Flat: A Brief History of the Twenty-First Century" an international bestselling book by Thomas L. Friedman.In the context of the understanding gleaned from that book there is no desertion from one's country.Even Adam Smith the Father of Economics or a Samuelson and others never thoughts on those lines about gifts and endowments within people groups of the world.Please do read and appreciate the contents in the light of the matters explained.India and Indians are a major contributory to the World and so has Dr. Mohammed Yunus a Nobel Laureate from Bangla Desh and Ravi Shankar of India and ......and.....and....the list goes on!Where is the questioning of abandoning your country?Since time immemorial the earth belonged to man kind and he/she is welcome to explore and settle where he/she pleases to expand one self.Coming to America, its a land of opportunities and many an Indian has become a Global Indian belonging to all nations of the world due to the abilities enabled by this Great Nation just as India opened its arms to invading armies since centuries back. Many of them did exercise the choice to settle there and make India great! Some decided to go back to their own lands and so be it.America is the land of Free Market Enterprise and breeds its own situations largely determined by Market Conditions and some times determined by the havoc wrought by the people in power, miscalculations and abuse. Such as is the case right now.That does not mean America is to be written off as a has been!Do not make that mistake as you watch events in the world unfolding and prejudge.There are many Indian Americans who love India as deeply as when they first left its shores and they love this new land of their adoption. At no point have they felt ungrateful, I should like to think and embrace.The more we Indians live out our lives on this Global Platform called Earth we should be humble and devoid of religious, caste, creed and we Indians of India alone in its exclusivity thoughts far and far away behind us.I sincerely hope I have been able to help you assimilate and comprehend matters as a fellow Indian.As a Global Indian I plead with you and other Indians with similar dispositions and also people with Mutalik's bent of mind (infamous Mangalorean Taliban) please do not fan parochial flames in the world we live in as you live and breathe the same air 24/7.Try a different tune and see how beautiful the world truly is even with all the negatives abounding! Look to see what you can do to make a positive effect in the world we live in and join the growing tribe of this humanity.

Mangalore & BJPs' fortunes at the 2009 Hustings

The BJP & its Sub Divisions are on a train wreck hurtling down into a ditch, all in one go!

Seems like their goose is already cooking with their nonsensical vituperation on their appalling Mangalore incident interpretations!

The BJP has indeed caught a tiger by the tail by being on the wrong side of Moral Policing and every actor they have put up on the media stage to speak in their defense is becoming a laughing stock and a mockery and a sham.

Thanks for bungling along the way.

Seems like their folks are drunk on Som Ras....keep drinking lots of it until the hustings....please!

Here at this link are some more hilarious moments. This time its their alter ego: "The Taliban minded asli folks" http://ibnlive.in.com/news/ram-sene-no-culture-cops-just-hoodlums/83844-3.html

Thursday, January 29, 2009

Is Satyam, PwCs' Nemesis!

What is most ironical is, it seems there were many glaring matters that were staring at the eyes of any Prudent Auditor and prima facie it appears they were callous in not pointing out matters and at least attempting to Qualify their Audit Report on those counts.It seems a Qualification of the Audit Report would have been justified on these counts at least:1. The veracity of the reported figure of number of employees in the company touted at approx 52k!Did PwC not verify this and find it inconsistent?If yes (as is now being reported in the media) how come they issued a clean report?2. Surely the benami transactions must have been reflected on the Balance Sheet under "Loans & Advances".Did the auditors verify these? Did they obtain justifiable documentary evidence and purpose of such loans and interest etc in order for them to not Qualify the Audit Report?After all it is a Balance Sheet Audit as well as Risk Based Auditing and is reasonably expected to render a true and fair view of the Financial Statements?3. Did they sensibly obtain a Letter of Representation on specific issues year-on-year of its audit of this once prestigious client?4. Why is it that Satyam was paying PwC an Audit Fee twice as much as what Infosys and other competitors were paying its External Auditors for such similar audits of those entities, as has been reported in the media?5. Was PwC a party to all this and more in its Audit of Satyam's Books of Account?6. As per Auditing Tenets:a. An Auditor is a watch dog not a blood houndb. Rocks lie beneath, straws float aboveHow come a carefully crafted Risk Based Audit Approach through the process of Observation and Enquiry followed by Substantive Audit Procedures & Adequate Documentation not yield answers to basic issues legitimately meant to be asked by any Prudent Independent Auditor?7. Were PwC as External Auditors ignorant or complicit?OrIs it that there are so many loop holes in the Companies Act and Audit Guidelines operating in India that it is possible to get away with murder and quietly pocket Audit Fees and move on from year to year and continue to generate reams and reams of work papers of no consequence?8. What about Quality Control? In seven years of Audit, was SATYAM never picked up for a Quality Review of working papers and the audit?9. Were Engagement Partners never rotated?10. Were they not aware that this is a Sox client due to its being listed on the NYSE?11. What kind of Sox audit did they perform on Satyam? How SAD if on any one of the above questions raised, PwC was found lacking!!!There seem to be one too many faux paus to a Chartered Accountant and any man of ordinary prudence who knows about Financial Statements & rudiments of Financial Auditing that all this could escape scrutiny during an audit.I say all this based on the suggestions from the emerging media reports on the matters reported so far.The facts and ground realities of the audit and circumstances may be some thing else.Time will tell, for sure.It would be interesting to see how PwC offers its defense to such basic questions about auditing and many more as matters surface! It’s most certainly going to be a rough and long winter for PwC.It is fearful what could happen to one of the Greatest Accounting Firm world wide as it tries to resurface from this awful bad quagmire!Sad it had to happen to PwC! I am very sad! That a few rotten professionals associated with PwC could have tarnished the name of Pricewaterhouse Coopers world wide due to their callousness and highly negligent behavior, if that at all be the case! PwC is no doubt one of the very best Institutions and Firm to work for and to be associated with.I sincerely hope and pray that PwC will be able to come through this difficult chapter and punish and disassociate itself from the erring members of its firm so that it can continue to be one of the Best and Leading Accounting Firms there is, world wide!I hope ICAI will not have reason enough to black list the firm due to a few irresponsible members of this venerable Giant and a Great Auditing firm.I still remain a sincere well wisher of PwC despite all of these tragic finger pointing that is happening to PwC from various quarters almost on a daily basis.