If Out source jobs from U.S.stops what will be the fate of Indian I.T.Sector?

[Ramacchandran]

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U.S.Jobs will not go to India China and Germany- Obama

Ref: Business standard Aug 29th, 2010

US jobs will not go to China, India, Germany: Obama

http://economictimes.indiatimes.com/news/news-by-industry/jobs/US-jobs-will-not-go-to-China-India-Germany-Obama/articleshow/6287572.cms

It is under stood that India has an understanding on purchase of Arms and that linked with Out source jobs.

What our experts feel?

 

[sangom]

U.S.Jobs will not go to India China and Germany- Obama

Ref: Business standard Aug 29th, 2010

US jobs will not go to China, India, Germany: Obama

http://economictimes.indiatimes.com/news/news-by-industry/jobs/US-jobs-will-not-go-to-China-India-Germany-Obama/articleshow/6287572.cms

It is under stood that India has an understanding on purchase of Arms and that linked with Out source jobs.

What our experts feel?

Indian IT industry will be definitely affected adversely, but it will not be decimated. Some work will / may come European sources. But if China enters the competition with its ultra-low wage structure, then India will get marginalized almost completely. Anyway, the Indian IT wage structure will go down.

The talk about India becoming a super power and all that will also receive a setback because without the IT sector there will be a great fall in our foreign exchange surpluses.

 

[prpsarathy]

I read in a gartner report that 75% of the indian it professional are not probably worth the salary they are drawing. I felt infuriated by their comment. But the reality is slowly dawning on the IT sector and the employees.

Cream will survive as the mid cap which went along with good companies will seize to exist as it happens in capital market.

 

[asadu]

First it was gulf boom which now has stabilized and is on the wane. similarly, the Outsourcing IT Boom will be diminishing and on the vanishing phase, but our own infrastructural needs will retain the shine for some time to come. Anyhow, the blind growth witnessed so far will not be seen in the future considering the second market crash expected in the coming months as forcecast by US market analysts will dent the prospects.

 

[KRS]

India is still the lowest cost country in terms of the total of salary, building costs and the communications cost.

USA is a signatory of WTA, so they can not willy nilly pass legislation stopping/penalizing outsourcing.

This is all political talk to mollify the local unions, who vote for democrats, before the oncoming elections as the jobless rate in USA is still high.

I would not lose sleep over this.

Regards,
KRS

 

[kunjuppu]

i think in this world of interdependency, the u.s. government has no power to dictate terms to its private companies, who will continue to do what is in their best interests. recently there was a note in economic times, that in the next year or so, IBM will have more employees in india than in u.s. will that make iBM an indian company?

obama, naturally is upset at the steady migration of jobs outside of u.s. in the 50s, 60s 70s, 80s it was manufacturing jobs. the americans sat back, laughed, and said that all the brain jobs will be in the u.s.

then, in 90s, with y2k coming, IT jobs started being outsourced. initially u.s. consoled itself that it was main frame old code testing. then little by little BPO, design and dev and all brain stuff started going out through the doors. now the u.s. not only not have a manufacturing base, but also increasingly the intellectual base is being eroded. there is no need to worry for may 25 years and the u.s. can jingoistically point out the successes, but many of these are hollow.

for example: someone i know, acquired an apple ipad. great toy. so sophisticated and fun. but the sad fact, is when the order was made online, the shipment came from shenzen china, with only the sim card coming from the local phone company. sad. china has all the manufacturing know how and the u.s. handed it free of cost, and also installed the factory. now, all this knowledge base is transferred quickly and freely.

airbus is doing the same with building A320 in china. indians, so need not worry about jobs outsourcing is made difficult. the u.s. simply does not have the developers and programmers and analysts to meet the demand. ofcourse we should worry about chinese competition. all this means, is that we should not slack or rest on our laurels. keep doing what we have been doing - produce quality products, in time, on budget and cheaper than anyone else. vigilant ever!!

also, much as i sympathize with obama, i feel, that with the coming november mid term elections, his wings are going to be clipped by a republican right wing legislature. hence his rush to pass all those reforms, the first time true people oriented reforms passed since lyndon johnson's medicaid, medicare and civil rights bills.

the u.s. is a country ruled by the rich,and they have once again exerted their clout in hindering obama's plans. that way, the british system that india & canada follow, is good - changes by the Prime Minister and majority party, can be brought forward, quick and radical. the U.s president has too many constraints. it is wrong to say that the u.s. president is the most powerful man in the world. at the present, it is osama, not obama.

 

[sangom]

for example: someone i know, acquired an apple ipad. great toy. so sophisticated and fun. but the sad fact, is when the order was made online, the shipment came from shenzen china, with only the sim card coming from the local phone company. sad. china has all the manufacturing know how and the u.s. handed it free of cost, and also installed the factory. now, all this knowledge base is transferred quickly and freely.

airbus is doing the same with building A320 in china. indians, so need not worry about jobs outsourcing is made difficult. the u.s. simply does not have the developers and programmers and analysts to meet the demand. ofcourse we should worry about chinese competition. all this means, is that we should not slack or rest on our laurels. keep doing what we have been doing - produce quality products, in time, on budget and cheaper than anyone else. vigilant ever!!

China has been cleverer in bargaining and it is reported to have offered a minimum 15 or 18 percent returns to the investemnts made in China in return for know-how transfer. Most big shots in the US have invested - directly or indirectly - in these chinese ventures and they are reportedly enjoying the unheard of returns too. And since in China many things can happen in secret, one need not doubt if such news does not circulate. I came to know of this from a China expert in a UK university.

China has almost readied one million programmers with fluency in English and now there have been some (I think stage-managed) strikes !! by employees of US undertakings in the computer field. So, it looks to me that the US companies will be told to divert their outsourcing to China more and more instead of to India and Germany.

 

[suresoo]

U.S.Jobs will not go to...

Indian IT industry will be definitely affected adversely, but it will not be decimated. Some work will / may come European sources. But if China enters the competition with its ultra-low wage structure, then India will get marginalized almost completely. Anyway, the Indian IT wage structure will go down.

The talk about India becoming a super power and all that will also receive a setback because without the IT sector there will be a great fall in our foreign exchange surpluses.

I remember how the Big IT companies / Lobby in USA prevented US Govt from imposing heavy sanctions on India when we tested the Nuclear Bomb. Most of this tough talk by American politicians is aimed at their constituents for upcoming elections (Vote bank politics)

If India's aim is to become a Super Power (not sure what that means) we should work for sustainable economic growth supported from Inside.
We are a country of +1B, we should be able to build roads, bridges, dams, financial institutions etc to employ our citizens......

I think the IT sector and its importance on India's growth is little overblown. Today they are talking about "Outsourcing surrogacy to Indian mothers". The power of India is all its people, not a few IT guys!!

thanks,

 

[Ramacchandran]

When India has all the know how why it depends on U.S. for arms and ammunition?

They stopped sending Rockets to Moon but asks India to prepare Rocket and send the same to Moon for which India may royalty to U.S. But in which way it is going to help us?

The Outsourcing of It is a worm tied in a "Thoondil" so that fish can be caught.

The government will react in such a way to satisfy the U.S. and may order for a sizable import.

 

[jaisiyaraam]

Namaste,

I agree with Suresooji, we are giving too much importance to IT and over rejoicing on the IT skills/intellect/profits thereby neglecting Agriculture, Industrial growth, education(free & compulsory), employment and the buying capacity of citizens.

Jai SiyaRaam

 

[Ramacchandran]

See because of IT industry, the nation developed in 25 Years, a five hundred year growth was acheived in just 25 years. A fast growth. But if IT fall, it will shake our economy and it is easy to catch a fish in a muddied pond.

If US stops this out source job and that results in our economy, we will be forced to sign in all the papers the U.S throws at our face and again we will be slaves and we need a branch to hold in case we fall. Please suggest how to come out.

 

[sangom]

See because of IT industry, the nation developed in 25 Years, a five hundred year growth was acheived in just 25 years. A fast growth. But if IT fall, it will shake our economy and it is easy to catch a fish in a muddied pond.

If US stops this out source job and that results in our economy, we will be forced to sign in all the papers the U.S throws at our face and again we will be slaves and we need a branch to hold in case we fall. Please suggest how to come out.

And already the Chinese army is in Kashmir!!

 

[kunjuppu]

sures, ramac, jai,



the concept of trade is a two way street. let us not think of india a as a super power. we have some ways to go.



let us think in terms of overall equally distributed inclusive growth. this means, there is no poverty, everyone has food, clothes and dwelling; all the facilities including health, now available in urban areas, also can be had in rural areas.



this is an interdependent world. pls remember the u.s. needs the outsourced services because these services could not be provided in the usa. they do not have the huge amount of skilled manpower. few white people take to maths and sciences, if canada is any indicator.



we have technology but there are limitations. we do not have technology to build good long range guns. that is why we went to bofors or brown boveri or oerlikonn. we do not know how to build passenger airplanes - why we go to airbus, embraer or boeing. we do not have technology to build fighter jets.



we do not know how to build cars. that is why all these manufacturers from abroad set up factories.

there are many many many most areas where we do not have the technology. our metallurgy industries is 100 years behind. we know nothing of carbon fibres to make lightweight planes.



we need intel for computer chips. we need canon or fuji to make cameras for us. we need nokia or samsung to make our billion cell phones. no indian companies is making any of these stuff. 3 tata nanos have caught fire so far. with this reputation, tata cannot sell too many nanos, even in india.



the smart thing for us, is to shut up about being world class. instead put our nose to the grind, and work hand and have faith in time to become world class. the chinese took over 30 years of hard work and no jingoistic speeches. they sweetend the honeypot to get the technologies.



once the got the technologies, they immediately started their own companies with the copied technologies - baidu which challenges google, and huabei which make cell phones...why dont we start home grown companies like that ..humility dear sures may go a long way ... in our race to catch up.

 

[suresoo]

See because of IT industry, the nation developed in 25 Years, a five hundred year growth was acheived in just 25 years. A fast growth. But if IT fall, it will shake our economy and it is easy to catch a fish in a muddied pond.

If US stops this out source job and that results in our economy, we will be forced to sign in all the papers the U.S throws at our face and again we will be slaves and we need a branch to hold in case we fall. Please suggest how to come out.

Dear Ramacchandran --
As i said before, the contributions of IT sector is overblown. In year 2006 IT Industry contributed 5 % of the overall GDP. So even if US stop this industry we will only loose 2-3% of GDP which is manageable.

The Power of India is its growing middle class and their purchasing power. we should concentrate on building infrastructure for these middle class. And ways to increase the pool of middle class rather than worry on US cutting IT Jobs.

We can build a better India,

Jai Ho !!

 

[KRS]

Dear Sri kunjuppu Ji,

I hope you would not mind if I give some rejoinders:

i think in this world of interdependency, the u.s. government has no power to dictate terms to its private companies, who will continue to do what is in their best interests. recently there was a note in economic times, that in the next year or so, IBM will have more employees in india than in u.s. will that make iBM an indian company?

obama, naturally is upset at the steady migration of jobs outside of u.s. in the 50s, 60s 70s, 80s it was manufacturing jobs. the americans sat back, laughed, and said that all the brain jobs will be in the u.s.
Actually the total number of all manufacturing jobs lost are meagre. About 2 to 3% yearly while till recently the Private sector has added many more jobs yearly. Please raed:
TRADE: Outsourcing Jobs - Council on Foreign Relations

The issue is not about outsourcing it is about a lack of Federal program specifically targeting those few people whose jobs moved away to retrain them for the 3.5 million jobs created. Captal will always flow to a place of greatest return


then, in 90s, with y2k coming, IT jobs started being outsourced. initially u.s. consoled itself that it was main frame old code testing. then little by little BPO, design and dev and all brain stuff started going out through the doors. now the u.s. not only not have a manufacturing base, but also increasingly the intellectual base is being eroded. there is no need to worry for may 25 years and the u.s. can jingoistically point out the successes, but many of these are hollow.
Americans lead in filing for patents. Please read:
http://www.uspto.gov/web/offices/ac/ido/oeip/taf/us_stat.pdf
While Japan has been leading the world for some time, USA patents have not fallen off in any appreciable manner. So I do not understand your claim. I don't think you fully understand the strength of this country. What you claim as loss of intellectual power is actually moving the low end mafg jobs

for example: someone i know, acquired an apple ipad. great toy. so sophisticated and fun. but the sad fact, is when the order was made online, the shipment came from shenzen china, with only the sim card coming from the local phone company. sad. china has all the manufacturing know how and the u.s. handed it free of cost, and also installed the factory. now, all this knowledge base is transferred quickly and freely.
I don't understand this point. Apple designed the machine and to sell it at a low cost, they have set up mfg in China. The profit stays in USA. What is wrong with this concept. By the way, manufacturing PCs and electronics are noi longer considered real 'high tech'. Besides, WTO makes China to follow patent laws. Who cares, if in 10 years Chinese start copying iPad? By then the technology would have changed!

airbus is doing the same with building A320 in china. indians, so need not worry about jobs outsourcing is made difficult. the u.s. simply does not have the developers and programmers and analysts to meet the demand. ofcourse we should worry about chinese competition. all this means, is that we should not slack or rest on our laurels. keep doing what we have been doing - produce quality products, in time, on budget and cheaper than anyone else. vigilant ever!!
Again. no foundation in saying that USA does not have adequate IT professionals. More than any other country, this country has elasticity. People are not going in to IT feilds not because they lack talent, but because there are no jobs because of out sourcing. If for any reason, IT companies want to hire here, the supply will meet demand in a very short time.

also, much as i sympathize with obama, i feel, that with the coming november mid term elections, his wings are going to be clipped by a republican right wing legislature. hence his rush to pass all those reforms, the first time true people oriented reforms passed since lyndon johnson's medicaid, medicare and civil rights bills.
Unfortunately, he has been pushing policies that are not accepted by majority Americans and as such he is in danger of beating out Carter as the worst President in US history. He just has been pushing a leftist agenda, mainly to not lose the left wing, because has lost both the right and the middle. Of course in most of the countries, the Govt. is looked upon as the provider, where as in this culture, it is ingrained that Govt. is the problem and the big Govt. has done nothing but to shore up that idea. That is why, this is a unique country.

the u.s. is a country ruled by the rich,and they have once again exerted their clout in hindering obama's plans. that way, the british system that india & canada follow, is good - changes by the Prime Minister and majority party, can be brought forward, quick and radical. the U.s president has too many constraints. it is wrong to say that the u.s. president is the most powerful man in the world. at the present, it is osama, not obama.
Vow! Can you cite any supporting data to show2 that the USA is 'ruled' by the rich! Believe me, having lived in bot a parliamentary system and the system here, I definitely do not want the former system anywhere. I think that the separation of powers of the three branches and a functioning lower and upper houses in terms of taking care of the short term and longterm views of the country and an executive branch with real powers of execution is a genius system. In the context of governance, I amire our founding fathers more than any other, because they have thought through properly the pitfalls of a real government

Regards,
KRS

 

[Ramacchandran]

Just thought what will happen if U.S. Stops the outsource!

The IT companies will reduce their in take and offer only 10,000 P.M. For staffs
The Engineering Collages will shut down and the 100s of acres of land they encroached will be utilized for cultivation. The schools will face lots of problems and Lecturers and professors will loose their jobs.This will render thousands of Soft ware engineers in street. The earnings of Govt in Foreign Exchange and Income and professional taxes, the property taxes will be reduced to 10 percent the least.
The person who took loan from the bank for running IT industry and housing loans will give I.P. that will create loss to the bank that will be in coma and it will take another 5 years to recover.
The Government at that will ask the persons holding Swiss bank accounts to lend money to government as loan with out interest after 15 years that can be given back as white money.

The purchase of cars with in India will fall but export to U.S will get a boost.

The buying power will reduce and money in circulation will be minimized.

If a person or group of persons with knowledge than find a way to out come these hurdles and show us a way, that will be opposed by a section of people.

A rabbit also can fight like a lion when it finds no way to escape, some time the rabbit also win!

 

[kunjuppu]

KRS,

I really do not have much in terms of rejoinder to your reply. I believe, we both have different yet valid perspective of current affairs and such, while our goals and reformist outlooks may be similar.

To me, manufacturing is the heart of any society. A society that wills away skilled manufacturing is doomed to subservience of others who craft the goods. Anglo saxon Britain and USA, under the guise of adam smith’s theories re each society expertising itself in a few goods, and trading it for others, is good, I believe, only to an extent. Adam did not have the benefit of a technology driven society like ours today.

Whereas germany ensured that its core manufacturing remained and nourished it. Today we have VW and Audi and BMW doing well. We do not have buick, oldsmobile, Saturn, Pontiac, de soto, packard anymore. Long gone are morris, wolseley, Vauxhall, Hillman, humber, Austin, MG, rootes, all gone. Germany is one example of a strong mfg base. So is france. No one in france will let citroen or Renault to demise.

When we let mfg slip by, we lose the continuum of small increases to our manufacturing knowledge base. That goes to the new owners. This is how japan built up its research skillsets. The day when bell labs sold the transistor technology for just $25 million.. and saw the demise of u.s radio & t.v. industry. The side effected baby technologies of miniaturization provided the path for photo cameras and watches also move to japan.

Today, if the u.s. wants to build high speed, it has to look at japan or even china. For wind turbines, china or india. It is only a matter of time, considering the one-track-minded Chinese are out to compete and win over the u.s.a. for every field. The u.s. simply does not have products to sell the Chinese, and they want everything made in china. Canada is no better, but then, Canada has never been a leader, unlike the u.s. or Britain.

Europe, combined, resurrected airbus as a competition to u.s domination of civil aircraft. Such competition only boeing survives. Gone are DC Douglas and Lockheed among others. I am still amazed that even in a mature industry such as automobile, japan with 125 million people, can support Toyota, Honda, isuzu, Subaru, mazda, Suzuki, - whereas the u.s could not even keep the big 3 in business. Let us not mock manufacturing. It is the lifeblood of any society.

The east Asians are quick and eager learners. They have their goals right. Tomorrow the Chinese are going to mass produce battery run cars (BYD – warren buffet now has $92 million woth of shares). In 10 years we will be crossing the atlantic in a chinese made passenger plane. With carbon components made in japan. (for boeing 787, the u.s. is dependent on japan for all the light weight carbon based compounds on which the design in based).

I sympathize with obama, because I think, he cares for the disenfranchised. Just look at how the rich sway the media. The tea party revolution is financed by the rich koch brothers and fox media. I still cannot believe how people get fooled. I think the whites, of all classes, feel threatened by the ever increasing coloured immigration, the unbeatable afghan war, and above all, easy credit and cheap living without having to work and save money – the good old fashioned virtues.

I believe in the resilience of the usa to turn around. But sometimes I am not so sure. I thought with lessons learned from Vietnam, all future u.s. foreign wars would be through proxy. This was successful in driving the soviets out of Afghanistan. Then the u.s. appeared to have forgotten its own lessons – going to war in Kuwait, iraq, Afghanistan – all quicksands from which there is no recovery.

At the turn of the 20th century every major discovery came from the usa. At the turn of the 21st century I do not know, if this is true any more.

KRS, all these above, are in a way, sort of response to your note to me. they are debatable, and I believe there are no right or wrong position, except what one choses to believe. Thank you.

 

[hariharan1972]

interesting views.

while there may be a cutback on outsourcing, i dont think outsourcing will completely be banned.

us companies are not just shipping jobs to india but they are also creating "captive" units in india to optimize costs.

at the end of it all, i see it as a zero sum game. outsourcing saves significant costs which enable us companies to invest more aggressively and create more jobs for the natives.

if they dont outsource, perhaps they will not be able to invest for the future.

having said that, the clamp-down on outsourcing will have the following effects, in my view. (right at this moment, indian it cos are not thinking too ahead, they are just happy that the demand environment has improved)

1. there will be consolidation in indian it industry. mere body shoppers will be forced to shut down

2. there will be relentless pressure to move up the "value chain". so indian it cos cant just play the 'cost arbitrage game'

3. companies are demanding more 'skin in the game' from the indian it cos. no more heads i win (project succeeds) and tail you lose (project fails) propositions will be acceptable.

4. evolving technological changes such as 'saas' (software as a service), 'cloud' will have a significant impact on the quality, pricing and volume of outsourcing. indian it cos have to learn to play this game.

i am not sure about the data on indian it contribution to gdp. indian gdp now is services led and i agree with kunjuppu sir that it isnt the best thing.

china's giant strides in manufacturing is mind blogging. the extent of their impact is really worrisome. even the good old ball point pen refill is from china. china has swamped every market with it's manufactured goods. doing so, it is screwing up the environment (it had to close factories around beijing during olympics to "clean up the air") so i expect that very soon, serious questions will be asked of china.

reduced levels of it offshoring may just be the kick on the backside that india needs.

we may never catch up with china on manufacturing, i even wonder, whether we should.

i think a good way forward for india is to go back to agriculture. the challenge therefore is whether india can get it's act together on agriculture and still be able to retain the growth levels..no point in going back to agriculture and the 'hindu rate of growth'. it may be an interesting problem to have.

and let's get real here. for all the hip-hop about indian it capabilities etc, it hasnt really percolated down to all the levels of the indian society. 80% of india is still abysmally poor with 8 states having their social indices much worser than the african continents.

we need more dr swaminathans to lead a renaissance of indian agriculture. consolidation of unit holdings, converting mono crop lands to multi/cash crops and achieving "food security deliverance" (not merely theoretical food security) are the most important challenges for india.

as to the indian it folks, me included, just be ready to roll up the shirts and the jeans and do farming, just in case

afterall if we all came from africa, it shouldnt really be too difficult to go back to our "real roots".

mcdonalds, kfc and shopping malls are not a country. we are the country.

 

[KRS]

Dear Sri Kunjuppu Ji,

Thank you for your response. While I agree that our objectives may be aligned I also think that we definitely do not agree on the means to achieve them.

I don't buy any ideology lock, stock and barrel - I am an independent thinker. Any ideology has a boundary and does not allow it's adherents to easily borrow ideas from a competing ideology, regardless of the merits.

This is why I feel compelled to present alternative equally valid, but sometimes proper analysis, based on facts. For example, you wrote some time ago about the racism of white people living in Southern USA. While your characterization might have been true a while back, such a racism is rapidly decreasing, on improved mobility and education. One should cite this, when one talks about racism in America. I have only noticed that the persons with far left ideology constantly talking about white, brown and black. Every group has its share of racists. There are millions of whites, in my opinion, in America, who would be offended to be called anywhere near as racists.

If one has to make statements that are broad brushed, then one should produce hard evidence to back it up, from neutral sources, not from opinionated, ideology centric sources. This why I try to cite from neutral sources as much as possible and I do not cite from the known 'experts' from either right or left.

Your above posting is a classic example, where you start with a hypothesis (USA is losing its manufacturing base), cite anecdotes to support the thesis and do not entertain any counter arguments with facts.

I do not mock the loss of manufacturing as trivial, far from it. In fact, the one thing I worry about from outsourcing is the 'beak' it creates that may stifle future innovations; I also worry about throwing the unemployed out there to fend for themselves.

Yes, Japan was helped by USA in many industries to advance. That does not mean that US has lost it's knowledge about them. The recent digital revolution in TVs - who do you think invented the Plasma, LCD and the LED technologies? Do you think, Japan, with her manufacturing expertise in consumer electronics invented them? Sorry.

What about the automotive industry in USA? When companies build cars that are not wanted by consumers what happens? Same thing as happened to GM and Chrysler. By the way, BMW, Benz, Honda, Toyota and even Hyundai are now manufacturing/assembly units in the States. Do you think then, Germany and Japan are losing their manufacturing edge by outsourcing the manufacturing to USA?

The 'loss' of manufacturing in US is mistakenly attributed to Outsourcing.
Please read the following, the first two on statistics on decline of manufacturing and the third a thoughtful speech on outsourcing:
Job loss claims are a myth | USA Today (Society for the Advancement of Education) | Find Articles at BNET
What Accounts for the Decline in Manufacturing Employment?
pros and cons of outsourcing jobs

Here is an article from a business writer from Minnesota on 'globalization':
Business forum: Another look at globalization | StarTribune.com

We can not anymore think of in country sourcing for all goods. Both manufacturing and services companies are competing in global markets and I do not see how the US will lose out in the near term. A countries output and ability to compete comes from the inherent qualities of her people and I am convinced that USA has the skills, motives and the adaptability to compete and succeed. And I think this is the most important point one should understand.

I live in a city that has seen a huge influx of illegals from Mexico. Believe me, the opposition to this does not come from only whites - it is coming from folks who are worried about the fundamental change in politics based on numbers (because these folks mostly tend to vote for democrats), as well as the integrity of the American sovereignty. Obama is playing politics with this.

Regards,
KRS

 

[KRS]

Hello Sri Hari,

As usual, brilliant comments. I am sure, your weight has increased over the past months!!!

Regards,
KRS

 

[nachi naga]

k,i have to agree with krs observation.usa is alive and raring as usual.the wars were especially iraq was ill adviced.but,still business will bounce back by 2013 like in 1997-1998.obama is a blessing,hope he succeeds his missions.

 

[KRS]

Dear Sri Kunjuppu Ji,

I forgot to respond to your comment about the Koch brothers' funding the Tea Party (there is no one party, there are many orgs.). This started with unnamed sources telling that the Koch brothers funded the creation of these orgs by one Jane Mayer, and is still unsubstantiated. In the meantime, the paper of of record for leftist ideas (NY Times), has run a hit piece on the Kochs. Please read the following point by point rebuttal from the Koch Industries:
Koch Industries Responds to New Yorker Claims

Please read the following opinions about the affair:
What’s Really Behind Leftist Attacks on the Kochs? | The New Ledger
Just Who is Funding What?

This is exactly why I don't read the likes of Paul Krugman and Frank Rich - they both think that any means to an end is okay, damn the truth.

I think that the democrats are truly controlled by top down money, while the republicans are less so.

It would be good, when you present opinions to show where from you are getting the 'facts'.

Regards,
KRS

 

[Nara]

...afterall if we all came from africa, it shouldnt really be too difficult to go back to our "real roots".

Somebody recently mused that India will be like Africa but for the wonderful Brahmins. So, if we have to return to African mode, we have to leave all the Brahmins behind and would that not be dandy for humanity!!!!

Cheers!

 

[suresoo]

Dear KRS Ji,
Most in America are tuned to one side of the argument and are convinced the other side will deploy any means to an end!!

This is exactly why I don't read the likes of Paul Krugman and Frank Rich - they both think that any means to an end is okay, damn the truth.

Alternatively one can read/listen to Glenn Beck / Sarah Palin for a Fair & Balanced News!! I hope you take that in good humor

I think that the democrats are truly controlled by top down money, while the republicans are less so.
It would be good, when you present opinions to show where from you are getting the 'facts'.

Well !!

thanks,

 

[KRS]

Dear Sri suresoo Ji,

Sir, irrespective of what most in America think, you would admit that there are certain things that are called data, facts and truth. For example, there is a small section of conservatives (I call them rednecks), who still believe that Obama was not born on IS soil, despite the fact that newspapers in Hawaii announced his birth on the day of his birth. Only people with reasoning challenges would believe that his parents knowing at that time that he would one day run for the President, inserted it, even though he was really born elsewhere. Remember, his white mother was a citizen!

This is type of thinking on ideological lines that are really opinions in America goes as hard news. More and more I see it on the extreme left than on the extreme right, while they both do it.

I watch FOX and CNN for news. I prefer to read from a spectrum of sources on the net for my news also.

I am one of the small minorities in US, called 'independents'.

Regards,
KRS

Dear KRS Ji,
Most in America are tuned to one side of the argument and are convinced the other side will deploy any means to an end!!


Alternatively one can read/listen to Glenn Beck / Sarah Palin for a Fair & Balanced News!! I hope you take that in good humor


Well !!

thanks,