Sunday, December 23, 2012

Re: [IAC++] enlighten us all those who matters

People "spread" their wealth including at bank lockers or private lockers as a risk management measure. Some people feel that bank lockers are safer than keeping valuables at home. Today you bring in a law which says locker holders must be reported to Govt and lockers will be randomly inspected by Govt and publicise this, see what happens.
 
What I am saying is that over decades/centuries India has evolved a working economic model. People are not upset today about corruption, they are upset about EXCESSIVE corruption, blatant displays of wealth, consumerist TV channels generating unfulfilled aspirations and fuelling rising crime, widepread economic dispartaies and imbalances, Greedy Giovernments acting as pimps of rapacious corporates, the all round breakdown of traditional values and so many related things which are compressed into the word "corruption".

As far as IAC is concerned "Corruption" means those offences which are punishable under Chapter III of the Prevention of Corrution Act 1988 or similar special laws in force within the territory of India or international laws/treaties on corruption.
IAC is very precise and focused, we don't get sidetracked into blind alleys

How about the other points of my previous email ?

Another fundamental point I make is that our taxes are way too high. The Govt must downsize fast and reduce taxes. People will pay tax honestly if they feel that money is going where it is needed instead of being used to subsidise corruption.

Sarbajit

On Mon, Dec 24, 2012 at 12:32 PM, krisdev@gmail.com <krisdev@gmail.com> wrote:
Sarbajit,

Are you ignorant or feigning to be ignorant, wanting to protect scamsters? Either ways you are supporting a wrong cause.

Do not people have their valuables in bank lockers? How come they trust a bank? If u can justify that, u can justify for urself what I say. It wdn't need extra intelligence.

Kris Dev.


-----Original Message-----
From: Sarbajit Roy
Sent:  24/12/2012 12:24:54 pm
Subject:  Re: [IAC++] enlighten us all those who matters

Dear Kris

Let me point out some perceived flaws

1) If everyone's "wealth" is in some electronic vault held by somebody else
(under State control), then what is to prevent the Govt from arbitrarily
declaring activist Mr Kris Dev an economic offender, suspending his civil
rights, and confiscating all his money which is with them electronically.
We all remember the Emergency, you are playing into their hands with such
nonsense.  A citizen's wealth should stay with the citizen and not be
subject to Govt control. Today so many people find their bank accounts
hacked or defrauded, please see the attitude of the Banks' in such cases,
nobody ever gets their money back - even FIRs are not registered easily.

2) BIG corruption does not deal in High value INDIAN notes. You demonetise
High value rupees today the transactions will shift to US dollars within
India tomorrow.

3) Why is so much Gold coming into the country ? Because Ramdev and Krisdev
are going about telling people that Indian State is about to implode and
Rupees will be demonetised ! Is the Gold mafia paying you ?

4) BIG corruption no longer takes place in India. How much time do Rahul
Gandhi or Sonia Gandhi actually spend in India ?. They simply get onto
their private jets (bypassing Indian Customs and Immigration) stay abroad,
hop back when there is some crisis or photo-op, and they are out again !

5) It is only because of India's black / parallel economy that we escaped
relatively unscathed from the financial meltdowns of advanced foreign
countries. Economies are best left to the clever Indian entreprenurial
capitalist people (black) instead of to incompetent bungling socialist
governments (white).

6) You talk about Mexico (no. 100) in another post. It is a Catholic
country even more corrupt than India (no. 94).
http://en.wikipedia.org/wiki/Corruption_Perceptions_Index
You want open wine and women ? Go to Russia (no. 143).  Singapore's is not
a model which can be applied to India.

Sarbajit

On Mon, Dec 24, 2012 at 10:02 AM,

krisdev@gmail.com <krisdev@gmail.com> wrote:

> Dear all,
>
> Biometric Smart Card Transaction Tracking can eliminate most of the
> problems of tax evasion, collusion, bribery, etc. But for this to happen,
> high value currency needs to be demonetized and removed from circulation.
> Make everyone accountable for their transactions. No cheating, no bribery,
> no false accounting, no money laundering, etc.
>
> Kris Dev.


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