Sunday, February 26, 2017

INDIAN

vasureddy@aol.com
Vasu Reddy from Chicago

The whole of North America was the native land of the Indians.  Centuries of migrants still continue to embark on a journey’s sometimes simple and sometimes arduous to migrate to the Americas, and now all of a sudden the land of the Indians has become someone else’s claim to be theirs.

Killing of a young Indian man in a public place this last week was really shameful and deplorable.  Any idiot with a gun and any idiot who is a bigot can shoot, but shooting someone who is as much an American as anyone else who claims to be American is only because the shooter is an idiot and who is really doesn't know what an American is.  He is and will use race as a way to attack anyone else who doesn't look like him.

I am sad and I am angry.  I am not confused.  I really think these idiots need to understand and appreciate what America is and who it belongs to.  It certainly doesn’t belong to any one color of people.

Let me ask as many questions as I can to see if anyone has a problem with being Indian?


  • Your doctor, nurse, caregiver, and someone who watches your heart beat, health, children and elderly is Indian

  • Your smiling pharmacist, who fills your prescription and wishes you good health is Indian

  • Your real estate agent, looking to find you a home of your dreams, and also sell your home for you to find a new one, and trying to find you the best value if Indian

  • Your insurance agent who is always trying to find you the lowest cost and highest value for you home, health, car, business, travel or any other coverage is Indian

  • Your ever smiling investment banker, always finding you multiple options for your long term security, and the future of your children is Indian

  • Your gas station attendant who is always offering to help you, and always wishing you luck with your lotto is Indian

  • Your drive thru banker, ever smiling and being helpful and always asking you if need anything else is Indian

  • Your software development team and their backbone support teams are Indian

  • Your IT infrastructure and your Internet backbone is managed by Indian

  • Your Google is run by Indian

  • Your Microsoft is run by Indian

  • Your Pepsi is run by Indian

  • Your most affluent homes are Indian

  • Your most giving community is Indian

  • Your most respectful and quietest communities are Indian

  • Your most peaceful and most revered temples are Indian

  • Your brightest and best students are Indian

  • Your best international relationships are honored by Indian

  • Your best neighbor and your best friend is Indian

  • Your everyday has some positive and progressive contribution by Indian
I can go on to type hundreds of lines of what Indian does and how Indian adds to your life.  Why shoot an innocent and humble Indian citizen?

If all this is Indian then why any Indian is not a native American?

Sunday, February 19, 2017

Race

Vasu Reddy from Chicago
vasureddy@aol.com

We are never sure of how the race as people refer to came into existence.  My experience is mainly with the two largest democracies, India my nation of birth and the USA the nation that adopted me.

Small Town India I still believe lives in relative peace and harmony.  Only when the politics become hot, the race relations get stirred up.  Men and women typically get race biased with politics and international interference.  Whenever Pakistan sends militants into India, the whole country gets its race and religion card up quickly, but otherwise they live in peace and quiet.  India with its huge population and wide open boarders, does get affected often with terror, but does live in religious harmony.  But internal to the country and in its politics race is a huge factor.  Politicians constantly whip-up the caste feelings, and people keep following the politics of caste.

The United States divides the race by color; Black, White, Hispanic, Asian and so on by mostly color of skin and where people are from.  The USA really is the most segregated society for a nation that is only a few hundred years with people who are not really native.  But here also the politics and race relations go hand in hand.

For centuries where there are societies race as a part of society has been a normal phenomenon.  The Indian race structure was typically based on type of work the groups of people did; Farmers, Teachers, Traders, Fighters, and so on and the nation is pretty much divided into the families involved in various parts of the economic and social structure of the nation.  Although we have evolved into manufacturing and information technology, the names and families continue to rely on the traditions of their names and what they did.  There is absolutely nothing wrong with family and its traditional history and its name.

The USA primarily is divided with color of people, and then their ancestry.  As India is divided with people’s race, USA is with its people’s color.  Both societies as democracies have allowed for a choice few to become all powerful in business and wealth.

Each of the democracies allow for free enterprise (hopefully) and thus allowing the enterprise also to create massive wealth with a few.

If we just focus on what is happening in the last few years in both USA and India, we certainly see the continued and forceful display of race as the primary factor in electing nations leaders.  It is the easiest card to play in election, is whip up the race factor.  No matter what we are and what we do, when it comes to elections we will vote with our kind; typically.  The national divide is fairly open and apparent.  There is no denying that race will always be bait for politics.

As the internet and television allows for immediate access to global news, we have exposure to the coverage from everywhere.  It is first and foremost, the news as presented and sometimes as seen.  We don’t even have to involve religion into race relations as simply race itself can divide us, in racial lines.  If you add religion to this already charged race relations, we will end up with what is happening in ME and parts of Asia.

We are given our names and appearance.  There is nothing we should be worrying about our race.  As the globe explodes with more and more people, and the distance becomes nominal, race probably should not be a factor in our choices.  Our choices should be based on our needs and our family needs.

In India it works for the politicians.  It also works in some industries to use the caste card.  The huge emphasis of caste in movie business in India, especially south India is obvious.  But the movie-goers primarily pay for entertainment, but the makers remain in the caste hole.  Politicians constantly use race and caste as vote banks, and people blindly accept it.  There is a pressure for development and positive change, but the sheer magnitude of people and their needs are greater than the resources and politicians and their ability is largely limited by resources, and internal strife.

The United States has greater challenges with internal issues of race and debt, and a huge external demand for resources and terror.  Perhaps a radical approach to America First might work in the short run, but will limit the global markets for American business.  Terror no longer has a face, and until the financial institutions join hands to eliminate terror funding, it is impractical.  The USA might be best served in a global financial shut down of terror, and cut off as much waste as it can to become debt free and perhaps terror free.

Race will continue to find a place in politics and society.  It is perhaps the simplest emotion, and combining with religion makes it a potent cocktail of emotions.  There is probably no immediate solution to solving race relations, rather stop race baiting.  Once again it works for politicians in democracies, so we probably will not see any change in using race as a potent political weapon.

Monday, February 13, 2017

Marginal Acceptance

Vasu Reddy from Chicago

All you need is 50.01% of the electoral vote to be put in power.  Democratic societies typically need only a simple majority in most circumstances to put someone in power.  The simple majority is what puts one in power over 100% of the people.  Most democracies work thru varied structures of voting to elect the leader based on majorities in localized electoral process, where a majority as defined in each of these circumstances elects a leader.

In the large democracies such as the USA and India, the local leaders (typically representing a party that is contesting the elections) are elected and they in turn project a national leader of their party, who when his party obtains a majority in turn becomes the leader of the nation.

In the USA, the Electoral College elects the president, simply representing the states choosing their electoral college, which elects the national leader.  For each state there are a certain number of electoral votes, and majority of voters in each state determine the electoral votes.  The majority of the electoral votes choose the leader.  Sometimes the majority of the electorate doesn’t represent the majority of the national vote.  As it happened in the USA with 2016, and the election of Trump, although the national vote count was about 3.0 Million less than his opponent.  Something similar happened between Bush and Gore in 2000.

As of now the USA presidential elections are framed in such a way the Electoral College picks the president.  Trump in 2016 as was Bush in 2000 both elected as president in the frame of the constitutionally mandated process.  Bush went on to be elected again, and Trump is just a couple of weeks into his first term.  Marginal acceptance is irrelevant to the presidential election, number of real votes don’t count, only the Electoral College prevails.

A normal election focuses on majority of the votes.  The state and local elections are only on the basis of the majority of the vote, even if it is by a single vote.  Only the national election is based on the Electoral College.

Almost 3 million more people voted for Clinton than for Trump on 2016, but it really did not matter.  If we relegate 2000 and 2016 on learning about the democracy and it’s functioning, both Al Gore and Hillary Clinton will take their real voter majorities to their memoirs.

The power of the slimmest margin is still the most powerful position for politicians and democracies.  Weather we like it or not, that faction will determine the likes and dislikes, of the general population.  While we appreciate the process of democracies (when free and clear of any stress to the population) the process also pits likes and dislikes, and who you choose typically is representing only half of you (the whole population). So, marginal acceptance is not overrated, it really is very much underrated.

We will all not get what we voted for, and almost half of us get what we voted against, and in 2016, USA had more than a half plus and a great deal more of the voters, have to live for at least thru 2000 with this.

The Holy Grail for human beings is the process of democracy.  Choosing a path to live in a democracy is fluid, and people again with a simplest majority can decide on what their chosen options are.

Trump or anyone after him (or before him), are in the office because of the process itself.  The brouhaha about legitimacy of the election is really a matter of what the democracy created, and not an anomaly.  As long as we choose to be free in our thought process, democracies will function and also self-correct.  It is always better to be free and make a choice, it will allow us to vote for change, just as and when we need.

Monday, February 06, 2017

The Art of Imbalance

Vasu Reddy from Chicago
vasureddy@aol.com

In his first couple of weeks as president, Trump has started to keep his election promises in the executive power category.  Weather you like it or not, he is acting on some of the most popular and eloquent issues which brought him to the white house.  Be it general public, the US congress, any other heads of state, or even the global audience, it doesn’t deter Trump from issuing executive orders on his signature political issues; Mexico Wall, Trade and immigration.

While I have turned my television off from watching any news and deliberately avoiding anyone that is representing Trump.  People promoting the policies that have become the rallying cry for Trump in the 2016 election have continued to do the same.  The nation is divided on what next with each of them, and Trump is simply acting on what he said he would.

Ignoring the trade imbalances for decades has put USA at a disadvantage in competing with a global market place.  Although we still have the best markets, best resources, best people, best of everything, the ever growing budget deficit continues to plague the nation, and has already began to threaten the nations ability to manage its finances.  Decades of negotiated and deliberated economic and political affiliations will be difficult to throw out of the window, unless you are Trump.  Trump can simply trash every trade and defense agreement out, and ask each nation to renegotiate, and ask for a fair share of the cost to the benefit that each nation receives from the USA.  While this certainly puts USA first, doesn’t necessarily mean that the trade and cost issues will go away.  We certainly don’t know what will happen if the USA becomes a closed economic, political and military market, and what if each nation would like to do the same.

USA could certainly become a closed society and block out all imports, or simply buy and sell on 100% reciprocity basis.  The USA certainly has the natural resources and geographic advantage for being a closed economy, but it is a nation of immigrants and disassociating with the rest of world is a matter of ignoring the combined value of people and processes, that make USA the great nation that it is.

Certainly we can be a closed economy that strictly do business on an equal import/export basis with every nation.  The nation will survive in the short run, and perhaps will thrive in the long run, by structuring within its limitations and resources.  These imitations will impede global attractiveness, growth and innovation.  The country perhaps needs a plan of negotiated trade practice as Trump suggests in eliminating the trade imbalances and eventually budget deficits.  The book building and budget balancing is certainly difficult if the USA continues to play the big bother to the world and even countries that can afford their own national security doesn’t pony up their fair share.

Trade imbalances in 2014, the five major trading partners account for almost all of the trade imbalances.

Country
Exports $B
Imports $B
Difference
Canada
 $      241.00
 $       331.00
 $        (90.00)
Mexico
 $      194.00
 $       291.00
 $        (97.00)
China
 $      134.00
 $       432.00
 $      (298.00)
Japan
 $        67.50
 $       128.00
 $        (60.50)
Germany
 $        61.60
 $       121.00
 $        (59.40)
Total
 $      698.10
 $    1,303.00
 $      (604.90)

In 2014 USA imported $2.19 trillion and exported $1.45 Trillion, with an overall trade deficit of $731.0 billion.  This doesn’t necessarily mean it adds to the US debt but, certainly an opportunity for revenue generation and additional employment derived from the imbalance.  Oil is a major part of the imports and machinery and transport related areas cover the second most imported products into the USA.

The USA generated approximately $3.0 Trillion revenues in 2014 and the country added additional $500 Billion in national debt.  So, assuming the country is adding 1/6 of the national revenue as additional national debt, there is a massive catch-up or reduction in expenditures is required to simply balance the budget.  Only god knows what has to be done to reduce the $20 plus trillion in already piled up debt.

Neither Republicans nor Democrats have had the guts to balance the budgets, nor take steps in the direction to reduce and eventually eliminate the debt.  Trump has said he will wipe the national debt in ten years, which is an ambitious statement to begin with.  His politics are now becoming policies of the USA, and if the last two weeks is any indication, Republicans have no intention of changing for the better.

Trump himself might want to question his own politics on why build a wall just with Mexico?  Why not with Canada also? It is very simple anyone can fly into or take a boat to Canada and simply walk over from there into the USA.  Border protection doesn’t mean you simply impose on the weaker economy than yours; it must cover every corner of the nation.

Why ban only a few nations from travel to the USA?  Why not every nation that has some sort of links to terror, and not just single out nations where Trump doesn’t have any personal business interest?  If the USA wants to take an attitude about trade or immigration, then why not with every nation on earth?  Why change statements on what the policies are, rather just make them a global issue on trade, politics, immigration, terror and fair sharing of costs.  If you just talk tough to a couple of soft targets, it will not achieve the intent of a nation first objective.  If USA wants to get tough, then globalize it.

Monday, January 30, 2017

No Longer a Dilemma

Vasu Reddy from Chicago
vasureddy@aol.com

Today is the 30th of January 2017.  It is ten days since we have sworn in a new president of the USA.  None of the democrats in leadership have had anything new to say in the last ten days, except a tearful Chuck Schumer on television.  It is the republicans and their money bags that are of the opinion on the Shakespearean dilemma “To be or not to be”.

As a child I loved to read anything I could find in the school library, or whatever I could buy with every penny I had.  Shakespeare to Kushwant Singh and everything in between and every language were all invited into my reading time.

Till today, whatever I have read definitely form my opinions of what I hear and somehow try to associate with the written words of many men and women I have had the pleasure and insight into their minds and thinking.

Perhaps one of the greatest of thoughts is written by none other than William Shakespeare.  Perhaps the dilemma of mankind before and after his time, and here is the reference to the entire text in reference.


Please look thru the entire content of the recital in the link, and if you are a literature enthusiast and have yet to read Shakespearean works, its time to open you’re reading minds to him.

I have my thoughts with the American republicans past few days.  I have completely blocked out Trump’s staff and his family and people he is surrounded with.  They are now dealing with alternate facts, and I still have not found the meaning of that.

What about the Republicans?  Although most of them were not enthused prior to the election, and after Trump’s Electoral College win, they have been kissing-up to Trump after the election and through the inauguration.  But what is the deal now?  Its only ten days, and what will they do now?  Fiscal discipline, reducing budget deficit, health care reform, immigration overhaul, tacking terror, and whatever was their manifesto at stake for the public consumption, and Trump have his own agenda.  Now he is simply acting on what he said he will do when he gets to the White House.

The three parties to the question, Trump, Republicans with him and the opposing Democrats, what to do next?  Democrats would simply push their agenda to their vote bank, and unless they get another Obama (who certainly was not the run of the mill presidential candidate USA had) or another strong woman candidate like Hillary Clinton.  Both Obama and Clinton will not be available to run for the presidential office in 2020.  It is probably too early to look for a Democratic candidate, but it is not the quandary for democrats right now.

The decision now is for Republicans and their money bags on what to do now?

My personal opinions of Trump’s election manifesto are immaterial.  My state of Illinois voted for democrat Hillary Clinton for president in 2016.  Even my congressional district and both our state senators are Democrats.  But the nations Electoral College voted Trump in and he is our president at least of next four years. So, I don’t count on support for my state at least for the next four years.

I love politics as much as I love to read.  Watching the immigration and airport chaos over the weekend and trying to think of the great wall of America, and whatever else that is crossing my mind, I start the new week thinking like a Republican, what the @*$%.  God Bless America.  I know the allegiance to the Republican Party needs a huge prayer, except that the Republicans definitely have a much thicker skin than the Donald, and they have snake oil on their greasy hair.  It is the grand Shakespearean dilemma for the GOP, go figure if they can clearly think of what’s happening?

Monday, January 23, 2017

Only In America

Vasu Reddy from Chicago
vasureddy@aol.com

One of the most endearing and fascinating aspect of the American democracy is the peaceful transformation of power after each presidential electoral cycle.  When Trump was sworn in as 45th President of the USA on January 20, 2017, the democracy was in full display.  Watching the living past presidents (with the senior president Bush and Barbara Bush unable to attend due to illness, and writing a wonderful welcome letter to Trump), President and Mrs. Carter, President and Mrs. Bush, President and Mrs. Clinton, and the newest entrant into the select group of past presidents, President and Mrs. Obama; all of them in the most exclusive club on earth walking into the inauguration and participating in the swearing in ceremony of a man who they did not support.  Their respect is for the ceremony and respect to the constitution in peaceful transfer of power, and the 1/20/2017 ceremonies in Washington DC were something that is true to the American democracy since its inception.  Before I type anymore, I am not sure if this will be the norm after Trump and his time as the president of the United States.  As before the election, and while getting elected, and during transition, Trump and everyone who is around him, are really out of the ordinary individuals, each without remorse or any sense of humility or decency while speaking of anyone else in the world.  With what the public know of these people and what they have displayed so far, there is no reason to expect anything else.  They simply attack, blame and bitch about Obama or Hillary or everything else as dishonest.

Trump is the president and the country and its electoral process made him the president.  For four years he is the president until something unconstitutional is attributed (which requires a very high degree of abuse of power), and people who put him there and people who did not put him there will have to hail to the chief.

Americans are referred to as “the Ugly American”, in general reference around the world (me belonging to the ugly American) but it is more in the attitude because of the superiority of the nation on global stage, rather than a personal reference.  Trump and people surrounding him are fantastic examples of the universal belief, they personify the fact how the world sees us, Americans.

While we honor the election and electoral process, Trump is really surrounded by the biggest bigots in America.  To start with Ryan, McConnell, Republicans in house and senate, governors, his opponents in the primaries and their supporters, his VP, and all the republican smiling faces around him, standing with folded hands behind him after his election are the biggest negatives for Trump.  The Democratic Party is ideologically opposed to any Republican president and they are now in the minority, just as the Republicans were when President Obama was elected the first time.  The political ideology is always going to be prevalent, just that the hypocrisy of the Republicans is on full display.  Trump is only guilty of exploiting every negative aspect of the Republicans in the country, and just achieving what he started out to become the President, and he did.

The country runs primarily on work, hard work and democratic way of life.  There is a sense of change when power changes hands between Democrats and Republicans and now it is the turn of the Republicans.  They will push their agenda just as the Democrats would, and there should be no surprise.  The president has a great influence on the tone of the political agenda, and if the President and the congress belong to the same party, then the imprint of the party platform is on for two years, or until people voice opinions against the government.  This time Republicans and Democrats have their own agendas, and Trump has his own.  Welcome to a new America, but the country will survive and will do what is best for the nation.  President, Congress, Senate and even the Supreme Court, and any elected and appointed institution is temporary, the nation and people are paramount.

Although very unusual for America, the democracy was in full display on January 21, 2017, Saturday, just one day after swearing Trump as the President, millions of people around the country, in this case around the world took to the streets protesting the policies and rhetoric of Trump and his people.  Trump and his team in the mean time keep blaming everyone for their success.  What is heartening is the day after millions marched voice support for their rights, and they were all peaceful and they were all simply stating their rights in a democracy.  Trump and his cohorts were simply hurling insults at everyone and playing hurt about the media coverage.  The beauty of today is that whatever we say is etched in stone (especially if you are a politician who loves to tweet), and it only becomes obvious when you contradict yourselves.  The next almost four years will be full of these, no doubt.

We will be fine, we will survive this and any other administration and we will continue to lead the world.  Democracy has a way of self correction and self indulgence, and no matter how individuals try to deviate the democracy, it will follow the course of freedom.

Monday, January 16, 2017

Citizen Obama

Vasu Reddy from Chicago
vasureddy@aol.com

President Obama is completing him final term in office on January 20, 2017, this coming Friday.  Most of my last ten years have been nursing back to health and only a single trip to India to visit my mother in 2016, but plenty of time in understanding politics and global directions.  Both India and USA have been quite active in pushing democracy and development, and some brotherly love between Modi and Obama.

To draw simple parallels, since Modi became the PM of India, Obama was already some way thru his second term as president of USA.  Both men got along really well, and even addressed each other by Barak and Narendra.  A gesture to me was a special connotation of friendship between leaders of the largest and the oldest democracies, and the friendship between the leaders continue to the end of term of president Obama.

Before delving into retirement of Obama, the parallels that can be drawn between Obama and Modi are their beginnings as men in community development and their humble beginnings and their reach out to the underprivileged.

As President Obama rose in politics from Chicago, obviously he is our home town hero.  When I first met him (the only time) he was running for the senate seat (not too long ago, about ten years ago).  Shareef bhai had organized lunch in Chicago (I believe India House) and Satish and myself along with a couple of others had an Indian lunch with Obama and one of his associates.  Although I don’t remember everyone at the table, it was a small fund raising lunch, and when I saw his last interview on 60 Minutes yesterday (January 15, 2017), he looked and sounded the same. We all know he loves Indian food, and his affinity to the community.  I really think Obama has an affinity to every culture and obviously every food.  He was a man with quick intellect (he certainly was curious and well versed) and with quick wit and a very quick smile.  He still is after what he has done in the last ten years.

The most powerful office on earth will become a private citizen in a few days, and his reflections are stark to the day’s reality.  Obama clearly admits to his inability to work together with republicans.  It is glaring that the politicians can be of such different opinions and philosophies.  In his time in office, the acrimony of his opposition was obvious.  Republicans despised everything Obama, and it did not matter what he did.  From his birth to every policy was dealt with such acrimony, it is hard to believe that these people were representing the people.  Obama readily admits to the animosity to him as a person, and also clearly admits to his inability to work with both sides of congress.  It probably will never get easy for the next president and the one after.

Obama’s will walk away from the white house with great dignity and absolutely no scandal, along with two little girls grown-up and well mannered just like their parents.  To me, it doesn’t matter what the Obama’s looked like, or what their politics were, but they were great role models for families and friends, and to people in general.  Obama, was part of the change, and will always be remembered for his path-breaking political life.  He is still young and will have a long list of contributions to make to the society and the world.  I am sure glad he will be back to Chicago and I sure hope to have another Indian meal with him.

I am happy that Obama Presidential Library will be in the Chicago area.  While they build it and after they open it to public, I intend to be a part of it.  Although every president of the USA is a special person, as 43 men before President Obama, he is special.  A man with simple will to achieve what he did, and the simple plan of what he wishes to do after being the leader of the free world. He just wants to be Citizen Obama, spend time with his wife, see his daughters grow up, and yes, he would like to teach.  God bless him and his family and may he be a source of inspiration to the world. “OBAMA OUT”.

Monday, January 09, 2017

Another Year

Vasu Reddy from Chicago
vasureddy@aol.com

We are already running thru another new year.  2017 is here and we are sleep walking thru the days quickly.  We are still far away from home, ten thousand miles away and journey home is still very arduous and the same as it was more than a generation and half ago.  Nothing has changed with the nation, its reception and of course my people.  No one has changed.  We all just got a lot wiser.

The music lovers of India will remember the song by Pankaj Udhas.  “Chitti Aaayee Hai” from the film “Naam” fro 1986.  Nostalgia and love for your home never fades.

https://www.youtube.com/watch?v=mSrNiZas_hw Listen to the song here, its still heart warming and heart touching.  Those were the days when you really wrote and waited for a letter to come back.  In living almost all of my life away from home, nothing depicts the love for home, for your people and your own everything from your birth place; irrespective of how many years you have been away.  It was the time when the mobile. Internet and instant communications were linked to star trek.

Today we are constantly or Skype or Facetime, text and instant messaging, emailing and calling, and use every device available to be in touch.  Hearing a distant voice or watching a screen to see the person on the other side is a part of normalcy.  We still can’t touch and feel, but hear and share.  A thousand new ways to be in touch, really still far away.  I have no complaints about what we have done in just a few years to communicate and be in touch, simply the missing factor is touch and feel and smell of home.

The journey and the time and process have not changed much.  It takes as long as it was 30 years ago, with millions more traveling from here to home.  Don’t ask me where here is, as where ever you are there are us.  In reality we are a lot more crowded today on the road, in the bus, in the train, in the air port, on the plane, actually everywhere.  It will be a fairly long column if we discuss the etiquette, so we simply focus on another year and the same distance from home.

The minute we start to make the trip home, we are impatient, and impertinent.  Really don’t think of what surrounds us when at home.  The standing in line and waiting disappears as soon as we get into boarding area at the airport.  We become a local without delay, but with an attitude of an NRI in India.  Strange as it might sound the accent that really is not there and the impatience that should never be a part of life, appear out of no where.

What really matters is reaching the destination I would point out, but not the arduous journey.  Many trips to the same destination but still each one is as precious as it was the first.  Here is another year and I would imagine it will be the same as last one, home still far away and still wonderful.  Happy New Year everyone, make this one a bit easier than the last.

Monday, January 02, 2017

Forgotten Reality

Vasu Reddy from Chicago
vasureddy@aol.com

Peace and Happiness to everyone in 2017. 

At the dawn of New Year 1/1/2017, India was reporting that 90% of the 500 and 1000 Rupee notes were back into the banks as the process of demonetization comes to an end.  From 11/1/2016 to 12/31/2016.  Getting 90% of the old currency out of circulation is not just a very good effort, and for a nation that is plagued with corruption and fakes, this is somewhat a super human result.  There was a Times of India column recently that said the expectation of a wind fall for the government doesn’t seem real because 90% of the old notes are already redeemed.  This is a disingenuous claim by TOI and the news channels, which already reported that money being burned, thrown thru the train toilets, thrown into the rivers, thrown into the trash cans, and simply being left everywhere and being donated everywhere.  Assuming all the old notes that were legal were only 90% accounted for, it is still a 10% wind fall of the entire money that should have been in circulation, and if 10% of the entire value of printed high value notes is not a windfall, the reporting agencies must be on dope.

First the difficulties still being faced by the normal citizen are real, and 50 days of long lines to exchange money is hard to endure.  It is obvious that the normal citizen is the one who is most effected in the demonetization process as the list of requirements needed to exchange old notes and/or deposit them, and long lines they continue to endure is just for common man, and the rich and the crooked have already got into the action of getting their hands on unreasonable amounts of new currency and have already started the new ways of hording new currency.  To a large extent the India’s corrupt will find ways to get their hands on whatever process the government can think of to curb corruption.  There will be no 100% proof of avoiding the illegal hoarding of money.  The demonetization simply forces everyone to reveal the old bills, and what comes from new notes is something to deal with.

The government, the news channels and the citizens complained that Pakistan and others printed Indian currency to promote terror in India.  The special reference to fake Indian currency coming from Pakistan to promote terror in Kashmir, and other areas of India was constantly highlighted.  Indian banking system did not have a full proof system to validate currency, but once the demonetization was announced, the streets of Kashmir are quiet.  The news channels don’t high light this anymore.  Also, the greater good is that all the fake notes are now worthless.  In reality a 10% windfall of real Indian currency and also 100% curbing of fake notes, is more than a financial windfall, but it is also a security apparatus that immediately helped with curbing the terror and violence, and also eliminating fakes from the banking system.

The banks also report billions being deposited into the banks, or exchanged.  While Indians like to hold their money in cash, the demonetization has encouraged new deposits into the banking system.  Even if this adds a 25% new value to the currency in deposits, it is a windfall for the banks with new resources available for investments.  So, once again reporting the value of new deposits should have been given the front pages.

Perhaps the greatest effect f demonetization is that the unreported income, all of a sudden is taxable income.  The government continues to actively take steps to encourage people to deposit money with the banks, and also report any unreported income.  If the new reports are to be accurate, the IT department has been very busy with people and businesses reporting massive amounts of new income (and paying taxes and penalties) and also the IT raids yielding mega money that was unaccounted for.

What is the windfall that the news agencies were expecting that the Indian government has not achieved?  It is true that the process might not be perfect, but it has certainly eliminated the hoarding, hawala, terror and anti-social and anti-national activities.

A combination of all the after effects of demonetization is such a windfall of the Indian economy to allow for TOI of any news outlet to start piecing together 100% of the after effects of the demonetization, and they will certainly come-up with a thesis that will show a multitude of economic and societal value, while the long lines and loss of life are unacceptable.  But India being what it is, it would have been impossible to announce a long term demonetization and still achieve the listed objectives.

Monday, December 26, 2016

We Believe In Fables

Vasu Reddy from Chicago
vasureddy@aol.com

It is perhaps sub-conscious, but all human beings have heard, read, dreamt and thought of Arabian Nights, mythology and Disney Land.  From early childhood we are trained to believe in a land that is far away, full of fulfilled aspirations and desires.  Our religion, our literature, our societies, our families, our friends, our teachers, our surroundings, and in general everything around us allow us to look at things (both material and spiritual) that are at some point of time in the past described as what we should aspire for. It is with time and opportunity the individual aspirational attitude is driven.  Gone are the days when people aspired to join the independence movement and becoming a public servant. Now becoming a doctor or engineer (still in some communities), or a software engineer is probably in thoughts of most young ones, and also perhaps the last days of aspiring to travel or move to the USA for work.

There is no doubt that every generation will aspire to become more financially independent than the past generation.  Being financially independent and taking care of the family is the paramount aspiration for every one, and finding a place where that is afforded is the preferred destination.  Perhaps the definition of what is right/wrong might not differ with generations, but certainly our aspirations will be driven by what the rest of the world is doing and what opportunities exist for financial security at any given time.

After the World War II, and the Indian independence, pretty much wiped out the British, Spanish and Portuguese dominance with colonization of vast territories.  The initial days of the world exploiting the internal combustible engine fostering easy travel, societies and people have become mobile and willing to move from place to place seeking work and freedom.  The advances in telecommunications, internet and mobile communications have certainly created a new environment to work from where ever you are, while automation and internet have been combining to create a new work place.  As the old saying goes, expect change, it is constant.

For over a hundred years of internal combustible engine, the world (especially the western countries) have gotten used to high rates of employment, high wages along with great mobility.  As all good things begin and end, the manufacturing, farming and heavy industry have seen the transformation to more automation and information technology jobs, along with globalization and cost effective business management.  The large public enterprises continue to look for efficiencies and profitable balance sheet, and the work force changes are as drastic as the technology changes.

The last 30 years of television, telecommunications and Internet have heavily influenced the new age employment.  The global population explosion constantly puts pressure on employment and opportunities, while the transformation of work force is not in parallel.  There is pressure on job and wage growth from exponential population growth.

The comfort factor that had set in with the jet age, all of a sudden is faced with wage stagnation and employment displacement for the developed societies, while the poor nations look for opportunities to jump on the employment band wagon offering cheap labor.  Although the Chinese flourished for a generation of cheap labor, they have come under increasing pressure on economic tactics and exploited opportunity.  The western societies have seen heavy industry disappear, and wages stagnant while facing increasing global competition to their production plants.

The fable of perfect societies is really that.  Things constantly change with life and industry and economies.  The mindset of the western/developed societies has suddenly been put to danger with cost/opportunity for business and employment. A combination of globalization, cost and benefit to the industry, the shift to a technology industry from heavy manufacturing, automation and available work force; all factors make industry reposition and reshape.

While the developing nations vie for more opportunities to participate, the developed nations struggle to find the opportunity for their heavy industry and high wages.  The struggle for opportunity and cost management is more than ever as there are internal pressures within the nations to protect and preserve the economies of the last generation, while the opportunities are in a very different landscape.
  
The fables will remain the same and opportunities ever changing.  For a way to better and more comfortable place/s the changes and adoption to the changes is the only way to participate.  If we don’t choose learn the new world dynamics and to participate in the rapid advancements, we will still speak of the fables but will not participate in their outcome.

Monday, December 19, 2016

Up Side Down

Vasu Reddy from Chicago
vasureddy@aol.com

2016 holiday season is here.  Christmas is coming this weekend, and Santa for sure is coming.  Chicago is once again under polar vortex, really freezing and lots of snow on the ground.  Chicago Bears Keep loosing every week, and all Bears gear already in storage for this year, and Cutler is still with the bears, but injured and on the sidelines https://en.wikipedia.org/wiki/Chicago_Bears. The Chicago cubs in 2016 won a World Series championship after 108 years and probably the right spot for the year for Chicagoans, and die-hard fans world over https://en.wikipedia.org/wiki/Chicago_Cubs.  Illinois has been going into the second year without a budget and no one seems to care (for those of you who care Illinois is our state), and actually people don’t see any reason to worry about the state budget, local services and whatever the government was supposed to be doing.

The country has a new president elect in Trump, president Obama is just about packing his bags and moving out of the white house, Hillary is enjoying her nationhood and her couch.  The Obama presidency if nothing else has been a good one for families with children, and full of personal and social meaning, along with being hassle and corruption free.  We Chicagoans are proud that the Obama’s are one of our won.

Trump and his supporters (even after the election, and winning the presidency) continue to tweet and air fascinating theories.  Trump’s selection of his support staff at the white house, really supports his election and thereafter tweets.  He really tweets.  Trump is a master of throwing things to the wall and let someone agree with him or something stick.  What facts and who needs them?  He has an abundance of material that no one else can think of tweeting, so the daily (nightly) soap opera continues, and for another four years it is certain we will either be entertained with conspiracy theories or can watch reruns on the television, and stop using twitter, may be the internet itself.  But as it has been for more than a year and half, the television has been one place to keep the remote handy, to keep flipping channels to escape the barrage of conspiracy theories.

Putin and Russia have all of a sudden become Trump’s favorite pals.  As the world watches in amazement, and while Russia continues to support the carnage in Syria, and has annexed Crimea and just about everywhere Russia fingers in dismantling democracies, Trump and his actions think otherwise.  His latest appointment of Rex Tillerson as secretary of state, clearly points to his reaching out to Putin.  https://en.wikipedia.org/wiki/Rex_Tillerson.  He is a very accomplished CEO of Exxon Mobil now leaving the job to become secretary of state.  While an extremely successful oil executive, he is closely tied to Putin, perhaps can be viewed as his biggest asset according to Trump.

Despite the cyber attacks on the USA and its election process, specially targeting Democratic Party, Trump doesn’t publicly accept Russian actions against the USA, and keeps pushing his Russian agenda with every action that he has taken, fully contradicting global posturing towards Russian atrocities internationally.  The atrocities in Syria, Crimea, cyber attacks on the USA, and whatever else that have attracted global sanctions against Russia seem to be same as any other global reality for Trump.  There is nothing here to figure out as Russians wanted Trump to be in the white house, and he is now getting ready to move in.  Neither Russia nor the USA can spin their politics by 100 degrees without causing massive global disruption, but Trump is capable of doing what he feels (tweet) at any given time of the day, and it will not be anything close to conventional for at least next four years.

The largest trading partner of the USA, China is at odds with Trump, and this is a twist that probably unplanned for anyone in the political or diplomatic circles. New game show as Trump embracing Russia, and constantly tweeting (tweaking) against China, as China is the largest trading partner with USA.  Since President Nixon started diplomatic channels with China, each USA administration has threaded very carefully with China, both politically and diplomatically, but Trump tweets otherwise.  China is a powerhouse by itself, and doesn’t follow anyone else’s rules but it’s won, and even before Trump gets into the White House, he has been tweeting perhaps about revisiting pre-Nixon times.  But, there is nothing to figure out as China remains what it is and USA has come to the time of Trump.

We have yet to see the real political, diplomatic, economic, international and domestic turbulence.  The USA can certainly become isolationist and redraw its priorities as simply USA.  There is nothing wrong with domestic policy making to simply be a stand alone nation.  The funny part of Trump’s domestic agenda will force him to shut down all his dealings out side of the USA, and it is a good bet to make that he will never put anything first, but his own name.  When Trump says America first, we have to believe him as he is right, all his assets are American.  Unless he will standup and show us his taxes, and then whatever his interests are will certainly tie with his national interests.

There is some sensibility in his choice of support staff.  Christie, Gingrich and Giuliani are no longer going to be in his cabinet, and new players have come in their place, but conspiracy theories are still abundant and will be huge material for writers and commentators and story tellers for years to come.

God Bless the USA.

The Inglorious Representation of Lord Rama

The Hindu Temple of Greater Chicago  https://htgc.org/HTGC/index.php and also more information is available at https://en.wikipedia.org/wiki...