West is Red now

USA was never a capitalist state, yet there were hopes of Liberty.
Now when USA is reddening itself in the colors of statism, government controlled robbery, socialism and communism, Liberty has no space in US.
Bloomberg.com reports about the total of about $9.7 trillion economic stimulus by government in a bid to get above the so-called economic crisis.

I call it end of Freedom in USA.

Prison Inside

I find myself locked in a prison,
a prison of my own design,
it has no bars, to guard me,
no chains to confine,
just that ever graying,
thin black line.

trapped in conformity,
being what I need to be,
locked in myself,
I think I've ceased to be,
the art, the poetry of my soul,
its all fading its nearly gone.

should I break free of myself?
or am I to far gone.
would it be a better lot?
to fade completely,
and become what I am not.

questions with no answers,
and no one to see my plight,
I feel myself fading,
a snuffing out of the light.

the pain of the loss,
a sad sense of regret,
a sacrifice, for the loved,
my soul has been spent.

Economic Crisis and India

So a new government report shows that Indians lost 500,000 jobs in India. Rediff news


Yet MOIA is thinking more about help package for those who are returning from foreign states.

Why?
There can be two reason.
First is, Indian government really want to profess that its foreign countries that suffered the major blow of recession, and India is doing fine. After all, it is election period, no government will feel good about exposing the reality. So, by promoting help packages for foreigners and ignoring Indians who lost job in India, government is playing safe.

Second thing is, the number of job lost can be so high (which obviously have not been displayed yet) that government knows it is useless to talk of any unemployment help package.

In any case, it is good for Indians if government keeps away from the idea of economic stimulus for anyone.

The Emotional Economy plan

Recently, Indian government announced a proceeding in making of a new fund to provide economic stimulus to those Indian workers who were working outside India, but due to economic crisis and loss of jobs, may now return back to India.

Ok, how good it feels to help the Indian brothers who went away for making big millions of dollars and now are coming back as their jobs are no more.

MOIA, (The Ministry of Overseas Indian Affairs), is planning to ponder over an amount of Rs10 crores every year to help such workers. "ET News"

It is just a form of economic stimulus by India to overcome the issue of economic crisis. Let us discuss over it.

Not only those who went away in search of big money better jobs are loosing money, but the Indian compatriots who are dependent on production industry are loosing jobs, to say clearly, India is in huge economic crisis, yet government supported Indian new channels keep showing some fake Osama stories and economic crisis of USA, and other nations, as if India is untouched by any such crisis, and ohh yea why not, after all India is well-regulated mixed economy, how can it crumble. Yet that is not the fact. Indian government has already provided economic stimulus for Indian markets and we have shown that such stimulus will only increase the tenure of crisis.

When compared with huge amounts like Rs2000 crores, these Rs10 crores per year may seem nothing, but ultimately the Indian citizens have to pay these Rs10 crores too, it is a burden on Indian citizens as it will increase Fiscal deficit and put further debt on Indians.

Now let us discuss about Unemployment.

Unemployment is a situation when a worker is not working because either he is not getting any work, or he considers the available works not apt for him, as he is much better than doing those jobs.

It is simply not possible to not get any work, as there always remains a situation to do some work or other to gain an honest living that is what entrepreneurship is.

Yet, if a person is not working because all the available jobs he considers of low standards than what he is capable of, then it is a voluntary unemployment. That is, the worker is not working by his choice.

Consider this, a software engineer who was working in Florida someday ago at an annual package of Rs1.20 crores per annum, is now unemployed. He comes back to India. He can easily get a job in India, but he cannot get same salary package.

He was working at a salary of Rs 1 lakh per month, now he do not want to work for an annual package of Rs 2 lakh 40 thousand per annum, that is Rs15,000 per months.

Since he does not want to work at this lower salary, he is not working it is his own choice. Can we say that he is Unemployed? Yes, well he is voluntary unemployed.

Do we need to help him by any economic plan of say Rs 10 crores per annum (As MOIA is thinking about)? No, when he is not even ready to work for Rs15,000 per annum, why will he agree to beg, and if he really feel that he is in dire situation and he needs money any how, he will start working for Rs15,000 per month or even less.

A poor will be more than enough happy about getting a job of Rs2,000 per month too.

So, why providing any stimulus plan for such workers, who are returning to India because they lost their better salary providing jobs.

Someday ago, when Air India announced that it is planning to send about 15,000 workers on pay-less salaries, political parties opposed the move, but when there is no money to keep those high profile rich salary jobs, how is it possible to keep maintaining those jobs? It is simply a bad investment or "Non-Productive-Asset".

Only such Malinvestment and "Non-productive assets" actually increases economic burden and causes economic crisis.

Thus, MOIA is not planning to "help" some returnees from foreign, but it is planning to sustain economic crisis, and why is it doing so? To gain some emotional vote bank?

I will be writing more on Unemployment on ReasonForLiberty soon.

The cliché of Obama's economic stimulus plan

ET while reporting Obama's stimulus plan says

"Much of the money would go for victims of the recession in the form of food stamps, unemployment compensation and health care."
(Economic Times)

Ok, so it is the proof of governments in influence of Keynesianism. First of all, the question is, why will a person opt to go for work if he is getting free health care, and unemployment compensation?

Now, some of the workers were getting huge salaries, can government provide them same salaries? No, it will provide some money based on minimum possible need program.

If it is not provided, may a person go for looking job of some other kind, he may innovate ways to cope with new situations, but government do not want him to think.

Now the question is, when Obama is proposing $819 billion stimulus plan, which may well go to 1 trillion, from where is all this money coming from?

1> government will publish new currency notes/Dollars.

In that case, government is not making any wealth, it will again increase inflation and things will remain as it is. No improvement.

2> Government may tax more on those who are yet working and earning. Ahh so what will it make? More poor, More hungry? How will a poor hungry man provide job to another hungry/poor man?

By doing so, Obama will just decrease the potential of Americans to provide jobs for fellow Americans.

Now the thing is, US is already in huge fiscal deficits, and debt. With new stimulus plan, Americans will be indebted with further huge deficits, which they will have to pay back somehow, otherwise more world tensions, and wars will take place, more terrorism will spread its wings.

In anyways, Obama's stimulus plan is going to take US further downhill to the oblivions of mystery, loot, slavery and socialism.

By the way, I heard a bill to be passed which suggests that American companies should remove foreign workers first rather than removing American workers, now that is protectionism, the American Patriot Economic plan. The thing is, by removing cheaper and better workers first, the entrepreneurs will not get any savings, and they will have to keep bearing the costlier and less productive American workers, that will further deplete American economy, a further blow towards the down hill.

Further read: threat of protectionism

And Economic Crisis and Fiscal Stimulus by Government