Economy News

Discussion in 'Economy & Infrastructure' started by Indian_Idol, Jun 2, 2010.

  1. Averageamerican
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    Averageamerican Colonel ELITE MEMBER

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  2. vstol jockey
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    vstol jockey Colonel STRATEGIST

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    A nation can survive its fools and ambitious but a nation can't survive treason from within-Marcus Tullius Cicero.
    Hillary is a traitor.
     
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  3. Averageamerican
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    Averageamerican Colonel ELITE MEMBER

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    We are entering into the fourth Industrial Revolution, theres going to be a lot of changes, both for your country and ours.
     
    Last edited: Nov 4, 2016
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  4. Picdelamirand-oil
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    Picdelamirand-oil Lt. Colonel STRATEGIST

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    Seems you are wrong
     
  5. Picdelamirand-oil
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    Picdelamirand-oil Lt. Colonel STRATEGIST

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    In 2000, George W. Bush led Al Gore in national polls by 3 percentage points, on average. Before the election, much of the talk was that Bush might win the national popular vote but lose the Electoral College. Of course, the opposite happened: Bush won the Electoral College but lost the popular vote.
     
  6. Averageamerican
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    Averageamerican Colonel ELITE MEMBER

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    United States presidential election, 2000
    [​IMG]
    1996
    November 7, 20002004
    537/538 electoral votes of the Electoral College
    270 electoral votes needed to win
    Turnout
    51.2%[1] [​IMG] 2.2%
    [​IMG] [​IMG]
    Nominee George W. Bush Al Gore
    Party Republican Democratic
    Home state Texas Tennessee
    Running mate Dick Cheney Joe Lieberman
    Electoral vote 271 266[2]
    States carried 30 20 + DC
    Popular vote 50,456,002 50,999,897
    Percentage
    47.9% 48.4%
    [​IMG]
    [​IMG]
    Presidential election results map. Red denotes states won by Bush/Cheney,
    Blue denotes those won by Gore/Lieberman.
     
  7. Picdelamirand-oil
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    Picdelamirand-oil Lt. Colonel STRATEGIST

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    Can The Oligarchy Still Steal The Presidential Election?

    Paul Craig Roberts

    The election was set up to be stolen from Trump. That was the purpose of the polls rigged by overweighting Hillary supporters in the samples. After weeks of hearing poll results that Hillary was in the lead, the public would discount a theft claim. Electronic voting makes elections easy to steal, and I have posted explanations by election fraud experts of how it is done.

    Clearly the Oligarchy does not want Donald Trump in the White House as they are unsure that they could control him, and Hillary is their agent.

    With the reopening of the FBI investigation of Hillary and related scandals exploding all around her, election theft is not only more risky but also less likely to serve the Oligarchy’s own interests.

    Image as well as money is part of Oligarchic power. The image of America takes a big hit if the American people elect a president who is currently under felony investigation.

    Moreover, a President Hillary would be under investigation for years. With so much spotlight on her, she would not be able to serve the Oligarchy’s interests. She would be worthless to them, and, indeed, investigations that unearthed various connections between Hillary and oligarchs could damage the oligarchs.

    In other words, for the Oligarchy Hillary has moved from an asset to a liability.

    A Hillary presidency could put our country into chaos. I doubt the oligarchs are sufficiently stupid to think that once she is sworn in, Hillary can fire FBI Director Comey and shut down the investigation. The last president that tried that was Richard Nixon, and look where that got him.

    Moreover, the Republicans in the House and Senate would not stand for it. House Committee on oversight and Government Reform chairman Jason Chaffetz has already declared Hillary to be “a target-rich environment. Even before we get to day one, we’ve got two years worth of material already lined up.” House Speaker Paul Ryan said investigation will follow the evidence.

    If you were an oligarch, would you want your agent under this kind of scrutiny? If you were Hillary, would you want to be under this kind of pressure?

    What happens if the FBI recommends the indictment of the president? Even insouciant Americans would see the cover-up if the attorney general refused to prosecute the case. Americans would lose all confidence in the government. Chaos would rule. Chaos can be revolutionary, and that is not good for oligarchs.

    Moreover, if reports can be believed, salacious scandals appear to be waiting their time on stage. For example, last May Fox News reported:

    “Former President Bill Clinton was a much more frequent flyer on a registered sex offender’s infamous jet than previously reported, with flight logs showing the former president taking at least 26 trips aboard the “Lolita Express” — even apparently ditching his Secret Service detail for at least five of the flights, according to records obtained by FoxNews.com.

    “Clinton’s presence aboard Jeffrey Epstein’s Boeing 727 on 11 occasions has been reported, but flight logs show the number is more than double that, and trips between 2001 and 2003 included extended junkets around the world with Epstein and fellow passengers identified on manifests by their initials or first names, including “Tatiana.” The tricked-out jet earned its Nabakov-inspired nickname because it was reportedly outfitted with a bed where passengers had group sex with young girls.”

    Fox News reports that Epstein served time in prison for “solicitation and procurement of minors for prostitution. He allegedly had a team of traffickers who procured girls as young as 12 to service his friends on ‘Orgy Island,’ an estate on Epstein’s 72-acre island, called Little St. James, in the U.S. Virgin Islands.” http://www.foxnews.com/us/2016/05/13/flight-logs-show-bill-clinton-flew-on-sex-offenders-jet-much-more-than-previously-known.html
    Some Internet sites, the credibility of which is unknown to me, have linked Hillary to these flights.http://truepundit.com/breaking-bomb...ldren-child-exploitation-pay-to-play-perjury/

    This kind of behavior seems reckless even for Bill and Hillary, who are accustomed to getting away with everything. Nevertheless, if you are an oligarch already worried about the reopened Hillary email case and additional FBI investigations, such as the one into the Clinton Foundation, and concerned about what else might emerge from the 650,000 emails on former US Rep. Weiner’s computer and the NYPD pedophile investigation, putting Hillary in the Oval Office doesn’t look like a good decision.

    At this point, I would think that the Oligarchy would prefer to steal the election for Trump, instead of from him, rather than allow insouciant Americans to destroy America’s reputation by choosing a person under felony investigations for president of the United States.

    Being the “exceptional nation” takes on new meaning when there is a criminal at the helm.

    http://www.paulcraigroberts.org/201...the-presidential-election-paul-craig-roberts/
     
  8. Echo_419
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    Echo_419 FULL MEMBER

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  9. VCheng
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    VCheng RIDER THINK TANK

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    IndiaTrade-Small.jpg
     
    Last edited: Nov 16, 2016
  10. Nilgiri
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    Nilgiri 2nd Lieutant FULL MEMBER

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    Holy large text batman...
     
  11. VCheng
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    VCheng RIDER THINK TANK

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    Posted as an image, that is why. Apologies. Next time I will reduce the resolution.

    Edit: Done.
     
    Last edited: Nov 16, 2016
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  12. Darth Marr
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  13. Nilgiri
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    Nilgiri 2nd Lieutant FULL MEMBER

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    I was just pulling your leg. Made it real easy to read for me at least. A nice change from the stupid small text all around these days :D
     
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  14. Kalmuahlaunda
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    UN Report - India To Grow GDP At 7.6% In 2016, Beating Asia Pacific's 5%

    A new United Nations report on the economic growth prospects for India in this current year, stating that they expect GDP growth to be 7.6%. This is rather higher than the rate predicted for the Asia Pacific region as a whole of 5%. Of course, said Asia Pacific region is entirely dominated by the pair of China and India in economic terms so, if those two are doing well it's not all that much of a surprise that the region's aggregate or average is too. There are, as there always are with UN reports, a problem or two with the report. Firstly, that it's not very accurate nor up to date (they've not even attempted to look at whatever the effect of demonetisation might be) and secondly it is full of the usual mealy mouthed mush.

    India's economy is projected to grow at 7.6 per cent in 2017 as investment regains momentum and manufacturing base strengthens on the back of structural reforms in the country, a UN study said, crediting India and China for steady growth of the Asia-Pacific region.

    That's good news, obviously. For while GDP isn't everything it's a very important something. GDP records all production or all consumption or all incomes, any one of the three. They should equal each other but they don't because people lie for tax reasons. No, don't be shocked, really, it's true, people really do lie for tax reasons. But given that this is what it does record a rising GDP means that there's more produced, or more is available for consumption, or that incomes are rising, they're all the same statement--and do note that we're talking after inflation here. People are becoming better off as GDP rises and since our aim in having an economy is that people become better off this is a Good Thing.

    The Year-end Update of the Economic and Social Survey for Asia and the Pacific 2016 -- an annual assessment undertaken by the UN Economic and Social Commission for Asia and the Pacific (ESCAP) -- pins the current resilience of the region’s economies on ongoing fiscal and structural reforms, but cautions that the pace of economic expansion over the past years has unfortunately not resulted in creating decent jobs in a number of countries. The result is a high share of vulnerable employment and an uptick in rising income inequality; the consequences of which could lead to “economies of exclusion.” It is telling that the population-weighted Gini coefficient in the region, based on household income estimates, increased by 11 points, from 37 to 48, between 1990 and 2014, an increase of almost 30% in less than three decades.

    Needless to say, these are observations that should be taken seriously as the implications of widening inequality have shown to have a deleterious impact on countries and populations, especially the most vulnerable.


    And that's some of the mealy mouthed mush that we've come to expect from the UN. It's entirely possible that inequality, or relative income, is a problem. But it's not the problem in a poor country like India. That is, it's "a" problem, not "the." India's economic problem is that there are still hundreds of millions in that absolute poverty of less than INR 129.87 a day adjusted for local price levels (when we do this, very roughly, we mean under Rs 40 or so a day). That some have more than others simply isn't a problem when we've still got that sort of poverty around. But, you know, the UN is infested with the sort of people who regard inequality as a greater problem than actual, real, grinding poverty. The UN's own report on it is here:

    The 2016 year-end update of the Economic and Social Survey of Asia and the Pacific – in publication since 1947 – noted that stable economic conditions in the second half of this year provide an opportunity to internalize the economic, social, environmental and governance dimensions of sustainable development in a comprehensive manner.
    Again, mush. We need to beat absolute poverty first then we can sweat the small stuff:

    The report argues that progressive tax policies, together with better and effective economic governance, can help economies make progress on inclusiveness and move decisively towards sustainable development.

    Sigh, again, no.

    I am old enough to recall what was being said 35 years ago about how the world should develop. And it was exactly the same list of things the UN is touting here. And that's not what we did. Instead we went the globalisation, free markets red in tooth and claw, route. And Lo! and Behold! what happened was the greatest reduction in absolute poverty in the entire history of our species.

    [​IMG]

    There's still 10% of the global population left in that absolute poverty, that peasant destitution. And yes, some large number of them are out there in India's rural hinterlands. There is nothing more important as an economic target than raising them up out of that dire poverty. Which means leave the inequality, the inclusiveness and all those other nice but not important things aside until we've managed that. Full speed ahead with the capitalist free marketry and we'll deal with the minor problems later.
    @Nilgiri
     
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  15. Nilgiri
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    Nilgiri 2nd Lieutant FULL MEMBER

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    The real growth is what will start to happen now increasingly. UN might have this report created just before demonetisation and released it just now since revising it would be too difficult (no one really knows the exact number impact of demonetisation anyway).

    But even if growth takes a serious hit for a few quarters, that growth will effectively be quality non-black money created growth (i.e asset inflation and multiplier effect from this asset inflation largely from black money, which in turn is reliant on black cash). In the long term there can actually be genuine growth in formal jobs with high quality growth rather than the rubbish hollow growth the UPA regime produced since 2004.

    In 6 years from 2004 - 2010 when India was growing at about 8 - 9 % per year supposedly, only 3 million jobs or so were created. Compare this to the 60 million jobs created in the NDA administration from 1999 to 2004....while it was growing at 5 - 6% per year officially.

    That should illustrate amply what black money under UPA did. The real India was not growing at 8 - 9% at all....but maybe around 4% at best.

    As a result India will now get more believable real growth, that translates into jobs and real visibles (and not just real estate, malls and land price inflation....forcing govt to start massive welfare schemes for the desperate jobless rural masses - which is extremely unsustainable for a growing developing country).
     

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