Friday, June 17, 2011

Again On KGB

There appears to be an orchestrated move to throw mud on K.G.Balakrishnan's reputation by some powerful sections of the society.The real operaters are clever enough not to leave any tracks.Hence at least for now,they remain untraceable.
Latest of the mudslinging game has been from Mr Shamsudheen,a former High Court judge.The mainstream media made a song and dance out of it.Statement of the former judge is like this:
1.Someone,whose name Mr Shamsudheen is not able to remember now,approached him for giving an introduction to relatives of KGB for the purpose of getting favours from KGB who was CJI at that point of time.
2. Mr Shamsudheen now see this as an evidence to show that KGB was an "approachable"person while he was CJI

Let us assume that the 1st part of Mr.Shamsudheen's statement is true.But how did he come to the inference in the second part of the statement?People who wants favours from those who occupy powerful positions will try all avenues to influence them.Some body somewhere wanting to be introduced to KGB's relative for seeking favours can by no stretch of imagination be considered as a reason to suspect KGB to be corrupt.
Motives of Shamsudheen becomes suspect due to the timing of making the allegation.There has been a series of wild allegations against KGB,but none could produce a shred of evidence to support it.It was dieing a natural death and the span of attention of people were getting diverted to other issues.Probably the forces working to discredit KGB must have been desperate to see that their campaign is in the dustbin.So rake up another wild allegation to discredit KGB.

The mainstream media is all willing to celebrate any nonsense that is being uttered against KGB without even applying their commonsense! 

Friday, June 10, 2011

Corperate Bigwigs Caught with Their Pants Down

Parallel Economy has overtaken The Economy long back.In fact "parallel"has become "main": and "The Main"has become trivia .The underworld has ceased to exist-it has become The world.Decisions are taken in the underworld and the rulers implement them religiously, since they came to power with the help of liberal funding from the underworld who controls the parallel economy.As the age old saying goes,The Colonel rules the Army,Colonel's wife rules the Colonel,and therefore Colonel's wife rules the Army.
As per disclosures made by the Government of Germany to GOI,Unaccounted money of certain Industrialists of India has been assessed to tax and roughly 50% of such money has been recovered as tax.There is no news about any enquiry being made as to how the money came into the bank accounts in the first place.Has the money been siphoned out of India by means such as under invoicing or cuts on purchases from abroad etc?,In that case it is a violation of COFEPOSA.Considering the size of turnover the companies involved have,the monies found are nothing but petty cash.It can even be termed as cash kept there for the visiting company Tsars to have a Beer or two at their leisure time.

But the question is,what if it is only a tip of the iceberg?What if there is a constant under invoicing of exported material and cuts on raw material and machinery import?There are enough Tax Havana Islands in Europe and Caribia where the the mammoth Iceberg can hide itself.The mainline media is silent on these issues since they need the advertisement support of these Corporates.Among the ones caught with their pants down,there are corporate satraps who have significant stakes in the media ownership.These media are tools in handling Governments either by support or by coercion.They insulate the corporates from public attention to their evil deeds.