Active TopicsActive Topics  Display List of Forum MembersMemberlist  CalendarCalendar  Search The ForumSearch  HelpHelp
  RegisterRegister  LoginLogin

Fundamental
 The Equity Desk Forum :Market Strategies :Fundamental
Message Icon Topic: We have a Government but no governance? Post Reply Post New Topic
<< Prev Page  of 14 Next >>
Author Message
rajnsharma
Senior Member
Senior Member
Avatar

Joined: 31/Jul/2009
Location: India
Online Status: Offline
Posts: 1202
Quote rajnsharma Replybullet Posted: 20/Dec/2011 at 7:27pm
Originally posted by rajnsharma

I don't think anybody will disagree that we can have a society where every individual doesn't get at least two meals a day. The worry is more about how to fund it and if we can afford to fund it? Also the leakages in the system like the erstwhile PDS system will be a big issue to manage.
Wall Street makes money by it's activity, while you can make money by your in-activity - Warren Buffett
IP IP Logged
tyasha
Groupie
Groupie
Avatar

Joined: 09/Nov/2011
Location: India
Online Status: Offline
Posts: 59
Quote tyasha Replybullet Posted: 20/Dec/2011 at 8:49am
This story is relevant in context of the Food Securities Bill:

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had
insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F...

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that.

Remember, there IS a test coming up. The election.


These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
Oh if only I had a time machine!
IP IP Logged
Kautilya
Senior Member
Senior Member
Avatar

Joined: 08/Feb/2010
Location: India
Online Status: Offline
Posts: 459
Quote Kautilya Replybullet Posted: 20/Dec/2011 at 9:08am
With FSB, India might well be on its way to attach itself to another object by an inclined plane wrapped helically around an axis. For those who don't watch the big bang theory or a little challenged with physics, the word is screwed!
 
A french historian had this to say a couple of hundred years ago:
Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.
 
The worst thing is that any arguments against this bill will make you sound evil and anti-poor.
My indecision is final.
IP IP Logged
kmp_saij
Senior Member
Senior Member
Avatar

Joined: 19/Feb/2010
Online Status: Offline
Posts: 277
Quote kmp_saij Replybullet Posted: 20/Dec/2011 at 9:41am
Originally posted by tyasha

This story is relevant in context of the Food Securities Bill:

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had
insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.... (substituting grades for dollars - something closer to home and more readily understood by all).

After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy. When the 3rd test rolled around, the average was an F...

As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

To their great surprise, ALL FAILED and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great, but when government takes all the reward away, no one will try or want to succeed.

Could not be any simpler than that.

Remember, there IS a test coming up. The election.


These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:

1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it!

5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
 
 
Amazing analogy!!! hat's off
 
Poverty never can be removed by wealth transfer.. only peaceful way to remove it is wealth creation..
Own whatever’s feared, shun whatever’s beloved.
IP IP Logged
basant
Admin Group
Admin Group
Avatar

Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Quote basant Replybullet Posted: 20/Dec/2011 at 9:49am
Brilliant Tyasha!
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
IP IP Logged
zulfi
Senior Member
Senior Member
Avatar

Joined: 28/Jan/2011
Location: India
Online Status: Offline
Posts: 206
Quote zulfi Replybullet Posted: 20/Dec/2011 at 9:57am
excellent one, this should be sent to all babus sitting in new delhi
U CAN WIN A HORSE RACE BUT U CANNOT WIN RACES
IP IP Logged
aniljain
Senior Member
Senior Member
Avatar

Joined: 20/Sep/2009
Location: India
Online Status: Offline
Posts: 238
Quote aniljain Replybullet Posted: 21/Dec/2011 at 5:07pm
very good article tyasha
Investment is an art, not science
IP IP Logged
tyasha
Groupie
Groupie
Avatar

Joined: 09/Nov/2011
Location: India
Online Status: Offline
Posts: 59
Quote tyasha Replybullet Posted: 21/Dec/2011 at 5:09pm
thanks to all of u for ur postivive feedback Smile
Oh if only I had a time machine!
IP IP Logged
<< Prev Page  of 14 Next >>
Post Reply Post New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum



This page was generated in 0.094 seconds.
Bookmark this Page

Join Theequitydesk.com Today!

It’s easy to Join and it’s free.

Here's why members would love to be a part of theequitydesk.com

  • Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
  • Live discussion forum wherein members can discuss the current Indian share Market trend, BSE Sensex or the Nifty Index.
  • Have huge cache of information on Indian and World Share Market.
  • Analysis of Indian stock market, Global events, Investing insights, portfolio management strategies and thoughts,
  • Meet investors from round the globe check their investing strategies share experiences and learn for their experiences on stocks and shares, evaluate opinions on investing in India.

Register now while it’s free!

Already a member? Close this window and log in.

Join Us           Close