Waiting for Cincinnatus.com

 MANAGEMENT OF PERSONAL FINANCE PART 2 The best investment on earth is earth-Louis Gluckman,real estate investor Introduction:Purchasing a house  Purchasing a house is probably the largest investment in lifetime for a middle class family. It is seen that middle class families invest 80% of their lifetime wealth in buying property. In contrast the lower income groups cannot do so and keep their wealth in bank accounts. Again the rich keep 80% of their savings in stocks and bonds. Purchase versus renting   The first decision before purchasing is whether to stay in a rented house or shift to a home after purchasing it.There are advantages in staying in a rented house. These include living in a neighbourhood near the office ,which frequently is a business district. Purchasing a house in the locality may be too expensive. However renting may be affordable  and allow easy commutation to the office which will be nearby. For example suppose a person stays near his office in ...

 MANAGEMENT OF PERSONAL FINANCE: PART 1 Retirement is finally the time to do what you have always wanted to do Pension plans: Introduction Our working life generally ends at 60years. Thereafter our salary stops coming every month and we have to make arrangements for money by saving it during our working life ,generally 25 years to 60year period.     Till late 1980s there was a pension given to retirees every month. This the government arranged through taxation or private firms  from their profits. However especially in developed countries the population is age ing rapidly as a result of which the increasingly smaller working age group population have to be taxed heavily to provide pension for the aged.To obviate this in many developed nations the age of retirement is being raised so that pension provision by employer can be delayed.    As a result there is a shift to employee contributory pension where the employee saves a portion of his salary during ...

HISTORY OF  INDIAN DEEP STATE PART 3 I am a nationalist. I am a patriot. Nothing is wrong. I am a born Hindu. Nothing is wrong.So you can say I am a Hindu nationalist because I am a born Hindu. Nothing is wrong in it- Narendra modi Liberalisation ,globalization,privatization By the year 1990 the Indian economy was in a bad shape. There was massive macroeconomic instability and inflation. The partial liberalisation by Rajiv Gandhi had led to massive foreign loans and a balance of payment crisis. In the meantime the soviet model had collapsed and global capital was entering everywhere backed by American dollarisation. The congress government of Narasimha Rao took the crisis as an opportunity and abolished the entire license permit raj,reduced customs duty,abolished reservation in small scale labour intensive manufacturing. These had an immediate effect on private industry and investment and economy started growing by 7%.   However the rapid expansion of labour intensive industri...

 HISTORY OF INDIAN DEEP STATE PART 2 Pakistan instrument of surrender in Bangladesh war(Above photo) If India pokes its nose in Pakistan US will not keep its trap shut. India will be taught a lesson-Richard Nixon India regards US as a friend ,not a boss. We know and are aware how to deal with each other according to circumstances- Indira Gandhi Food crisis and green revolution By 1960 it was apparent that planned economy was not leading to economic growth. After death of Jawaharlal Nehru the powerful syndicate comprising of a few congress leaders decided to nominate Lal Bahadur Shashtri as PM.Shastri reduced the role of planning commision and created a separate PMO to convey his decisions. Shashtri however immediately faced a war of aggression from Pakistan. He inherited an agricultural sector low in investment and absent land reforms. There was a drought and famine. India had to beg to US for food grains. Shastri initiated a technology mediated green revolution. The best...

HISTORY OF INDIAN DEEP STATE PART 1 Jawaharlal Nehru ’s speech during independance day(Above photo) At the stroke of midnight hour on August 15 ,1947 the word slept while India awoke to life and freedom- Jawaharlal Nehru India: The civilisational state According to Samuel Huntington there exists a number of civilizational states in the world . These have district culture and philosophy  since the beginning of human history . The future of world politics will be determined by how well the civilizational entities interact with each other. Western civilization is characterised by individual liberty,rule of law,Christianity,Chinese civilization by the Middle Kingdom and Confucius philosophy,Islamic civilization by universal equality and brotherhood, Indian civilization by tolerance of all faiths and philosophy of Dharma and so on.   However these different culures have imbibed certain undesirable features over a period of time which will likely lead to conflicts. The Indian civ...

 HISTORY OF DEEP STATE PART 2 The CIA is the state department for unfriendly countries-Allen Dulles ,spymaster Managerial Deep state (continued) How the managerial deep state collaborated with successive US presidents is noteworthy. It was president Truman in 1947 who created the CIA under National security act in 1947. Under the influence of oil oligarchs the CIA assassinated PM Mossadeq of Iran when he tried to nationalise British oil. President Eisenhower was elected with funds raised by the oil cartels. He was the first to warn about the military industrial complex  in USA which was now propagating a permanent war economy for profits for arms manufacturers.The exception for a time was president John Kennedy.Kennedy was sympathetic to third world nationalism. However before his accession Congolese president Lubumba was assassinated . His assassination was previous approved by Eisenhower and was carried out by combined forces of Belgium,Britain, Americaand multiple corporate...

HISTORY OF DEEP STATE PART 1 In all ages whatever the nature and form of government,be it monarchy,republic or democracy ,an oligarchy lurks behind the facade: Ronald syme , The Roman revolution The economic origins of the Deep state Major and minor events in history are at many times unexplainable. Wars especially appear to be endemic to human civilisation even when they are not waged to preserve  direct threat to existential survival. There is a feeling that there are false flag events that we mistake as real reasons that organizations ,whether ancient kingdoms or modern corporate nations go to war for. Pirate ships used to fy flags of maritime nations to falsely give an impression of legality to their enterprise of plundering. Thus wars are justified on the basis of religious persecution,dictatorships,spreading of enlightenment but the real reason may be different. These are spread by a powerful elite in states which benefit from wars and aggression. These are called the deep st...