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Showing posts with the label US Politics

Obama Plays Villian in the Outsourcing Saga

The americans have voted for change and they have gone for Obama and loaded him with a huge task to revive the US economy which is in bad shape.Obama was voicing concerns over the tax breaks enjoyed by us companies which offshored jobs to their offshoring centres in India.Everyone thought that his statement were in for the polls.Now he has said again in the State of the Union address that he is going to have a relook in the US tax code. Pranab and PC expressed concerns over US's new protectionalism.Democrats have been saying for years about this.Microsoft, GE, HP, Motorolla, Pepsi, Honeywell ,IBM etc are among the thousand companies that is offshoring different jobs to their development centres in India and get it done by indian engineers or youths and take the money back to US and get it taxed at just 5.25 percent as against the usual 35 percent of foreign earnings.This is due to a 2004 tax holiday provision for foriegn earnings. Obama is right about what he is saying.As the ruler...

The Change has Come

While writing on this post, i am watching the live telecast of Obama's swearing in ceremony.Barack Hussein Obama's dream run to the white house was remarkable.Change  was his keyword and what remains to see is how he does that to the system.Atleast Americans  can hope for the best in the coming years, even though they are sinked throat level in trouble. Now can change ever come over to India.For the 2009 polls, we can see all our parties misusing change.See what change means to different people. BJP - L.K Advani. India Inc - Narendra Modi Congress - Rahul Gandhi BSP and Communists - Mayawati But the indian have nothing to hope.Even if Advani win, he won't be powerful.We have seen the rot in BJP when A.B.Vajpayee was the Captain.Whichever party rules, all shady things will be there.Also BJP is not strong to win India.Mayawati will emerge as a trouble maker. Even if some one from either of the major parties (BJP or Congress) win, there won't be much  chance.Because govern...

President George Bush Thrown Shoe in Iraq

George Bush is leaving his chair in a rather sad note.He is himself worried about the economy and his image and stature in US and around the world is the lowest currently.His foreign policies made him a figure to hate upon around the world.He was a war monger and he gets bored when there is no war.I heard this in a film. Now an Iraqi media person throws his shoes at Mr. Bush.Thanks to his acrobatic skills that helped him to duck at the correct moment. People of Iraq hates him.But is this the way to treat him?Many say that he raided Iraq for oil and water from Tigris.Some consider him as the new face of imperialism in the 21st century.A man who acts for his corporate bosses.As a coward who withdrew from the Kyoto protocol. He cannot escape the sins saying that he acted in the interest of the people of America.As per the US government census of 2007, the poverty rate in America is 12,5 percent.37.3 million people are living in poverty there.So he should be dealing problems in his country...