Saturday, December 6, 2008

Next terror attack on US will originate in Pakistan, your thoughts?

My views of the non challant and myopic views of The US government in dealing with the terror crisis.
http://www.linkedin.com/groupAnswers?viewQuestionAndAnswers=&gid=51584&discussionID=658312&sik=1228546149185&split_page=1&report%2Esuccess=PdmtybENV2mnc3t3p8JpWuFiB1ZhaD9OnKUphCsu7LRNRYTOK1wrHHO_rcDN0rVBb1wuxUyPL-SZ
http://digg.com/world_news/Next_terror_attack_on_US_will_originate_from_Pakistan

US's myopic views of the world is a substance of cartooning and folklore. The last count, US had spent 1 trillion dollars on its "war against terror" with little to show as results. A few hundred missiles, a few thousand corpses and a handful of terrorists killed is how the report card reads even today. It is singularly frustrating as to why would the policy makers blind themselves out on the larger picture. The threat today is Radical Islamic movement (not to be confused by Islam, the religion). While US marines try to nuke out the western province of Pakistan searching for Al Qaeda rats, the "radical islam" movement has augmented itself into agencies in the heart of Pakistan and elsewhere, where the idealogies of radical islam find blind supporters. As such stamping of AL Qaeda will not be an end to terror. AQ has already spawned many more cells which will take the "jihad" to the next frontier. Coming to the subject of Pakistan: Clearly the Army and the ISI hold all the chords of a puppet democratic government. As a state, 60 years post its making, Pakistan remains to be a failure. Its economy and society in tatters, this is state on the brink of anarchy, how ever hard the Pakistan government tries to supress the facts. Lawlessness and anarchy rule this land. No wonder then that Osama, Dawood, Azhar and other terrorists continue to live under the government/ISI patronage and operate freely from this land. In such conditions, the next terror attacks whether be London, New York or Mumbai are destined to originate here. Thus instead of state visits like that of Rice (i wonder what benefit does it bring to either India or Pakistan), the international community would have to bargain for a strike at identified Pakistani locations to purge it from these perpetrators of terror. One might have to factor in wholesome elimination of ISI as well. As long as this hard bullet is not bitten, US may choose to spend another trillion (which its own economy needs so badly) and yet be way off the mark in striking terror out forever. Dont expect the lame duck Bush to be doing anything more to help this. Am pinning my hopes on Obama.

Friday, December 5, 2008

Low Cost Housing: The next step to beat housing crisis woes

In an earlier blog on September 4th 2008, i had made a few comments on the fact that many of the realty industry giants: DLF, Unitech, Hiranandani and many others have notable projects which are mostly HIG or MIG+ ones. These companies had not invested much in the economy housing projects or projects which would be less than 10 lakhs/ 450 - 800 square foot size. Read point no 6.7.8 in the blog: http://newspaper-posts.blogspot.com/2008_09_01_archive.html.

Three months later, now that the crushing reality of financial crisis and recession is rumbling the world economy, the first steps have now been taken by large realtors towards these economy housing schemes. http://news.in.msn.com/business/article.aspx?cp-documentid=1715713. Interestingly the reasons sighted for shifting focus from HIG and MIG+ housing is

1. Higher diversity in projects leading to better cash flows
2. Be a part of the Priority sector leding to allow banks refinance at concessional rates and fulfill norms of directing lending
3. The Government believes that low cost housing finance may a part of the solutions package to give the much needed fillip to the housing sector in India.

Sunday, November 30, 2008

Home Minister Shivraj Patil resigns

http://www.livemint.com/2008/11/30121747/Home-Minister-Shivraj-Patil-re.html

Shivraj Patil's resignation comes as a congress-scappegoat kind of situation to keep the media-opposition-citizenry at bay.However is resignation the just answer? For someone who has been willfully being letting easy on terror situations such as the Ahmedabad, Bangalore, Jaipur- Delhi blasts, the Mumbai attack was the last straw. But should he not be tried at the courts for failing to do his duties while at power? How many more men must dies in Bomb Blasts ( as in Jaipur, Bangalore, Ahmedabad, Delhi) or in Terror Attacks(as in Mumbai) before we idenify that it is people like Shivraj Patil and there callousness to such events which result in the same destruction patterns repeated time and again.This man deserves being punished in the courts of law... or will it be his allegiance to the Gandhi clan which will over ride all national concerns yet again.Are you listeing Mrs Sonia Gandhi?

Saturday, November 29, 2008

US suspects Kashmir-based group behind attacks: Official

http://economictimes.indiatimes.com/US_suspects_Kashmir-based_group_behind_attacks_Official/articleshow/3774358.cms#write
I wonder just how many more 9/11s and innocent lives will it take for US and the international community to understand that it is the Al Qaeda and LeT which have perpetrated the terror. I wonder when the sense will dawn on the inetrnational community that Pakistan is under anarchy and is being run by a cartel of extremists, ISI and terror organizations. Pakistan will never be able to fight this cancer. It will take an international effort to get rid of this. Do we want more of such attacks happening at Paris, London, Brussels and other trade centres or can the civilized world move towards a definitive and coordinated attempt to get rid of this?

Can politicians ever stand united against terror?

As every Indian i too am deeply hurt by the terror attack on Mumbai. My response to a discussion on NDTV.com: http://www.ndtv.com/convergence/ndtv/mumbaiterrorstrike/Election_Story.aspx?ID=NEWEN20080074624&type=News

My heart fills up with pride for the valiance of the army, navy, NSG and Maharashtra Police men who have braved death. At the same time, i am ashamed of the political resolve in the country. In times of distress, two senior leaders L K Advani and Manmohan Singh could not present a united face of the Indian Politics to the extremists and the nation at large. I seriously hope that R R Patil, the Maharashtra Home Minister was inebriated when he made the comment on "such small incidences". Repeatedly, incidences such as blasts in Jaipur, Ahmedabad, Bangalore, Delhi and now this terror attack at Mumbai. Our Home Minister is quick to "react" with his high level meetings. There is no end to this terror. As an Indian, i wonder to who or what purpose am i paying my taxes?
In days to come this will become an electoral issue with BJP, BSP, SP and others attcking Congress for its failure to tackle these situations. Question is... even when BJP was at power was it able to do anything post the "Attack on Parlaiment". So under what assumption will it be attacking congress for its "failures"?
The Elections are also a farce because for an ordinary citizen in the country the choice is betwen the devil and deep sea. WHy cant we have an accountable system on these issues? When will the qabbling political class wake up an address the real issues rather than bickering over each others short comings. Is this what you call a democracy?