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Blog site of iVarta.com » Entries tagged with "Economy"

Economies and Political Ideologies of Democratic vs Welfare States


The article focuses on economic impacts of the political ideologies used by Muslim welfare states and market economies of constitutional democratic capitalist nations. It suggests that recent actions of TTP (Tehrik-Taliban-Pakistan), TMQ (Tehrik-i-Minhajul Quran headed by Dr Muhammad Tahirul Qadri or TQ), the army and political establishment may be contributing to internal destabilization of PK (Pakistan). The destabilization may be detrimental to on-going peace process in South Asia. The following topics are presented. Rocky Peace Process Youth in Welfare States Welfare States Economy and Institutions Dynamic and Static Political Ideologies References and notes: star (*) means see references and notes   Rocky Peace Process  The killing of Pakistan and India soldiers starting Jan 6, 2013 on both sides of LoC is fueling war hysteria in South Asia and making it harder for the peace process to remain on tracks. Politically … Read entire article »

Filed under: America, China, Christianity, Economy, India, Islam, Pakistan, Politics

Falling Fortune of India


Rapid decline of the fortune of India in recent months can imply a number of aspects. It can mean the economy is adjusting for the growing inflation in India and the resultant falling export volumes. Or it can mean there is a fear for the greater deficits in balance of payment due to rapidly rising cost of imports of petroleum. It can also mean fear among the so-called short run institutional investors, who have invested through Mauritius, that the government may clamp down on them sooner or later through GAAR (General Anti-Avoidance Rules). It can also mean India is heading for a disaster after having a reckless party financed by foreign borrowing as it had happened in both 1960 and 1991. Past Mistakes: A few years ago BJP’s finance minister Jaswant Sinha, … Read entire article »

Filed under: Economy, India

Analyzing US 2012 Election Results


Introduction  A post mortem of the US 2012 election victory by President Obama is in order to explain voter choices. The articles identified issues that explained why Republicans lost 2012 election. The following topics are discussed: Moochers, Takers and Makers Changing Demographics, Culture and Ethnicity Two Philosophies Swing States and Entitlements References and Notes   Moochers, Takers and Makers  Economy, taxes, federal budgets, jobs, healthcare, women issues and immigration reforms dominated the election rhetoric. Romney-Ryan maintained that the 47% Americans were ‘moochers and takers.’ Purist in the Republican Party called high annual income earners ($50,000+) as ‘makers’. They ignored a reality that 75% Americans earned less than $50,000 and with existing loopholes they can avoid paying income tax. Loopholes also helped Romney and other wealthy to pay income taxes on unearned income at a rate lower than salaried secretaries. The 2010 … Read entire article »

Filed under: America, Economy, Politics

US Healthcare Insurance and Pro-life Ideology


The 2012 October surprises came in spurts. The biggest October surprise was hurricane or tropical storm Sandy essentially leveled parts of water fronts in several NJ towns. The devastation brought together President Obama and Republican Governor Chris Christy into a bipartisan alliance to help people in the devastated areas. Other surprises included a private political meeting video made in September 2012 went viral in October and it showed Romney explaining his strategy to get elected and views on a variety of issue to potential donors. The Romney labeled 47% Americans as moochers and takers. A couple of Tea Party candidates for senate used voodoo science to classify rape. Some other candidates used religious beliefs to justify the pro-life stance and opposition to reproductive health care rights for women. Mitt Romney appeared … Read entire article »

Filed under: America, Economy, NRI, Politics

Corruption and Social Order in South Asia


The media often presents a variety of views from seasoned journalists, bloggers, and aam admi (common man) discussions on corruption in South Asia; the tone and substance of the discussions generally have left me more confused than enlightened. We understand that corruption is not unique to South Asia; it is all across globe but at different levels. In the WASP* (#1) culture dominated nations the social order has moved on from that developed by ‘the old boy’s network’ of elites representing the traditional upper crust of society. The new elite meritocracy took over about a couple of decades after the WWII (1970 onwards). The subject was discussed by David Brooks* (#2). Brooks had based his arguments after reviewing a book by Christopher Hayes* (#3). Both author’s arguments reflected the US and … Read entire article »

Filed under: Corruption, Economy, India

Non-state Actors, Miskeen, Education, Economy and Chalta Hain


Pakistan is like an imperfectly crafted cubic zirconia diamond. It is the nation born (1947) based on religion. On global stage in last four decades it has evolved as an epicenter of too many things vile including terrorism. Its additional imperfections include a complex political reality. Politically it is managed as fiefdom of the army, the DPC (Defense of Pakistan Coalition) and elected but weak politicians. DPC is a coalition of many non-state actors cultivated by the army. Want-to-be Arabs and non-Arabs are characterized as Miskeen (poor). Given poorly educated population incapable of generating above average to high economic growth rates and preoccupation with a regional power status using non-state actors the national economy is on a slippery slope and poverty is on increase. Wide spread public cynicism is at … Read entire article »

Filed under: America, Economy, Islam, Pakistan, Politics, World

Special Ops Military Strategies


A star (*) after a sentence means references and notes should be consulted for additional info on the subject. The blog covers following topics. Introduction Contractors for and Goals of the US and Pakistan Armies Co-dependencies of Pakistan and the US Women Scorned The US Special Ops and the Obama Plans Concluding Remarks References and notes   Introduction   The blog focuses on special ops military strategies of two nations in last 50 years. A primal instinct is to dominate and for ambitious rulers and nations to dominate the world. A goal of warfare is to achieve dominance over enemy at minimum possible costs. The US special ops forces in the Af-Pak war (2008 to present) use highly skilled soldiers to conduct low cost high tech warfare to hunt down and decapitate leadership of the al Qaeda and its co-linked … Read entire article »

Filed under: America, Islam, Pakistan, Politics, World

The US: A decade after 2001


A star (*) indicates more information is available in the references and notes. President Obama in his latest State of the Union Address reported to the US Congress that after nine years of war the withdrawal of all US troops from Iraqis completed and in more than two decades Osama bin Laden (OBL) is not around to threaten the US security. President has in three years resolved major issues related to theUS security except that associated with the Af-Pak area terrorist Taliban and intransigent warlords of Pakistan. President has asked theUS and NATO generals to set up by 2014 a 350,000 strong Afghan army capable of neutralizing threats to its sovereignty from its neighbors. The US is committed to providing necessary military and economic aid to the Afghanistan to defend and sustain … Read entire article »

Filed under: America, Economy, Pakistan, Politics, World

Asymmetric War and Financial Bets


The blog present following topics: Introduction      Asymmetric Bets The Big Short and  Bubble Economies The Obama Factor Pakistan Big Short Option The Afghanistan’s Future References and notes   Introduction  The political soap opera now being staged inPakistanindicates that it may be plunging into one more political crisis in its short history (1971 – present). If constitutional remedies are applied for the resolution of political crisis may strengthen basic institutions of the fragile democracy. The weak government institutions continue to support army and intransigent warlords managed proxy wars even though its fragile economy lacks resources to sustain the annual costs at an estimated $1 bbl for maintaining 100,000 proxy warriors. Using the mercenary proxy warriors a goal appears to be to dominate South Asia with economic and military aid from theUSand Arabs interested in the regional hegemony. TheUSsupport for the … Read entire article »

Filed under: America, Pakistan, Politics, World

Pictures of Protests: Debt, Civil Unrests and the Future of The West


Pictures of Protests: Debt, Civil Unrests and the Future of The West

“When the money stops flowing down to the man in the street, the blood starts flowing in the streets.” – Gerald Celente Here is the first picture (widely distributed) of an American with a bloody face after a direct confrontation between protesting civilians and the US Police in riot gears. This is a POWERFUL picture that will stay in people’s minds for a long period of time to come…Because this is the FIRST picture, with BLOOD … Read entire article »

Filed under: America, Economy, World