We have a Government but no governance?
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URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=3505
Printed Date: 27/Apr/2024 at 4:09pm
Topic: We have a Government but no governance?
Posted By: basant
Subject: We have a Government but no governance?
Date Posted: 18/Dec/2011 at 3:33pm
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You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time. - Abraham Lincoln. When the UPA was elected to power the stock market saluted it with a 20% circuit up with a firm belief that this Govt. will put India on a strong growth path through a spate of developmental activities led by second generation reforms. In retrospect the collective wisdom of the market as defined by stock indices was a classic case of fooling all the people some of the time. As time progressed all that the markets saw from the Govt. was mere hope and talk with very little action bringing our belief for a sustained high single digit growth to a virtual standstill. “All talk and no work has made Manmohan a dull Prime Minister” While all this happened the stock market bulls quickly set themselves up for a long haul. They saw the ticker race towards the earlier top of 21,000 and the first rule for a market participant is that anyone in this market can lie but not the ticker. So they piled up with gusto buying the old beaten down names, stocks that hadn’t moved and waited for the ones that made new highs to collapse –a classic case of what happens in the every market cycle. After two and a half years all that remains of those stocks are memories - both bitter and forgettable. As the markets kept postponing its expectations and pre-poning the celebration the Govt. kept disappointing through inaction with complete disregard to the irreparable damage that they have inadvertently done to this nation and its economy. These include mindlessly raising interest rates to show en effort towards curbing inflation whereas the source of the problem was elsewhere, trying to be a green man by cutting down mining and developmental work to a point where the Power companies suffer from acute shortage of coal and the lending agencies from risks of non-payments, slowdown in infrastructure activities and finally statement by the RBI of its inability to defend the rupee have taken a toll on our growth momentum as we run the risk of sub 7% growth for the next two years. A Govt. that is made up of Lawyers at the top seems to do just one thing -argue and postpone. Meanwhile our Prime Minister seems to follow a policy of avoid, delay and defer. Instead of clamouring for FDI in retail with limited support the PM should focus onthe basics. POSCO’s US$ 10Bn project lies stuck between the files, several mining projects have been stopped because the Govt. has suddenly turned green? FDI in retail is a five year plan. How can Wal Mart improve delivery from farm to fork in the immediate future? We did not have FDI in retail when we clocked 9% growth in GDP? The proposed Food security Bill is another of those legislations being introduced with an eye on vote bank politics. It will encourage people to sit back at home and work for three days a week instead of five. This is a colossal waste of public money and is against the basic roots of capitalism. I guess 2G was better because it was a one time expense but this one will continue for years because once done no party can reverse the process once it is done. The only hope for an investor is that India will survive inspite of the Govt. and its policies and these times could be one of the better ones to invest in but only for someone who has a long term view but don’t ask me how long is the long term? How-ever there are a lot of landmines in the market with a few more live explosives in them so it is better to walk the concrete path (strong names) rather then take the shortcuts (beaten down stocks) even though it would mean taking a little more time in reaching to our destination. ------------- '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 |
Replies:
Posted By: rohit1889
Date Posted: 18/Dec/2011 at 3:48pm
How-ever there are a lot of landmines in the market with a few more live explosives in them so it is better to walk the concrete path (strong names) rather then take the shortcuts (beaten down stocks) even though it would mean taking a more time in reaching to our destination.  ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: abhishekbasu
Date Posted: 18/Dec/2011 at 5:14pm
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Your views on Food Security Bill is spot on. This, like any other subsidy, will be a huge debt burden that we will leave for our future generations, because no government will be bold enough to tackle the issue for fear of alienating the common man. And like all other subsidies, most of the money will be actually used to line the politicians' pockets!! ------------- |
Posted By: paragdesai
Date Posted: 18/Dec/2011 at 5:22pm
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Despite all these Gloom Doom in equity market & Govt statistics , there is no sign of any recession on street like 2008. May be it is coming. ------------- Luck is what happens when preparation meets opportunity .... |
Posted By: cooldude
Date Posted: 18/Dec/2011 at 6:44pm
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In spite of the socalled aam aadmi slant of the UPA, no one seems to be happy, neither the aam aadmi nor industrialists. This government is complacent about everything. As Basantji has already said, this government is led by lawyers. As the old saying goes, "Give a man a fish and you feed him for a day. Teach him to fish and you feed him for a lifetime." No one in the government seems to know this. As the results in Tamil Nadu show, all the freebies promised by the DMK government could not save them from the anger of the people. It seems that the government has taken leave of its senses judging from its arrogant response to black money, the Anna Hazare movement etc. ------------- You can't see the future through the rearview mirror - Peter Lynch |
Posted By: rohit1889
Date Posted: 18/Dec/2011 at 6:59pm
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The only problem is we'll have to wait till 2014 for the govt. to change. I hope it changes then. But still its not a guarantee that the new govt. will do much ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: TCSer
Date Posted: 18/Dec/2011 at 7:10pm
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Beautifully put across Basantji ------------- Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays |
Posted By: rajnsharma
Date Posted: 18/Dec/2011 at 8:22pm
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Thanks Basantjee for summing up the sentiments of all of us. You have raised very pertinent points. The government is at it's best "Doing Nothing". There is no hope from this government left and certailnly the next government will be even similar in actions. The only hope is that India has got some sort of traction and even with government's apathy will continue growing moderately.
On a side note, the way things are coming out many of these lawyers and turning into liars now. ------------- Wall Street makes money by it's activity, while you can make money by your in-activity - Warren Buffett |
Posted By: vaib
Date Posted: 18/Dec/2011 at 9:44pm
| govt distributing free money - inflation - high interest rates - unsustainable industry - decreasing revenue for govt - need money for subsidies - increase interest rates even more ... and climax - need to give even more subsidies. As if the cycle is unknown, without creating value and resource how printing or distributing money will help? May be UID could help for leakages; even that has already been discredited by home ministry with everyday raising serious questions on it. |
Posted By: TCSer
Date Posted: 18/Dec/2011 at 10:17pm
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Another disaster in making in form of clearing of food security bill by UPA. Now on top of NAREGA largess which anyway is being siphoned more than 50 % ,waiving of 60000 crore of farm loans,this 1 lac crore of gift is a desperate attempt by a bribe taking govt to give bribe & remain elected.
Sometimes I think that how could we select these UPA people.We need to teach immly our Muslim,SC,OBC brethren about the daylight robbery being done in their name by Congress.So UPA will remain in power in times to come as well.The latest election survey in UP indicate the if Congress n SP join hand they will easily form the Govt.BJP is a distant 4th. ------------- Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays |
Posted By: manishdave
Date Posted: 18/Dec/2011 at 10:29pm
| Govt. should give Rs. 25,000 to every citizen over 18(whoever can vote) per month to ensure everybody has food, nice home, a TV, a car etc. Then plant trees where money grows. We all can sit back watch TV and become happiest country in the world. Socialism so far was not enough. Then we got NREGA which was not enough either. So we will have FSB which I doubt will be enough. So lets invent a tree where money grows and then throw money from helocopter. |
Posted By: datta.supratik
Date Posted: 18/Dec/2011 at 12:37pm
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Nicely summed up. The least we can do after this is be a bit more frustrated!! We have failed to act in the future...may be before the elections we will have a raise of income tax slabs, a few more minority 'helping' hand!! |
Posted By: tcak
Date Posted: 18/Dec/2011 at 1:15am
| May the problem is NewDelhi has too much power. Other day I was talking to a retired MLAs he says the local govts have power to propose but not implement. All the money approvals need to come from Babus. |
Posted By: subu76
Date Posted: 18/Dec/2011 at 1:17am
Ouch....This sounds like Greece to me. No, the game will be up much faster as easy foreign money isn't available aplenty any more.
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Posted By: tcak
Date Posted: 18/Dec/2011 at 1:17am
| Maybe if RonPaul rises in US it could kick some sense into general polity or may be I am dreaming or hoping against hope |
Posted By: tcak
Date Posted: 18/Dec/2011 at 1:30am
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I was looking at govt budget data. 20% goes towards interest payments. We spend 10% of GDP on subsidies which are effective only by 10%...I am not misquoting here.
And we manage to spend less than 3% of GDP on education. May be the only way out is to let inflation go even higher, which I am confident as Mr. Montek is confident of controlling it, like Ben Bernanke he has been consistently wrong. The damage with inflation more than 10% is ridiculously high. I disagree with Basantji on RBI hiking interest rate. Infact I am furious at RBI for doing too slowly and causing long term damage. Had they been more aggressive the pain would have been short lived. Its the job of RBI to protect the saving of savers. There is a moral hazard here otherwise. The blame is squarely on the govt. for spending instead of investing. Other day I was reading about effectiveness of NREGA. I says the agricultural productivity would have been higher and sustainable had the money spent on NREGA be used to build irrigation projects. Big irrigation projects were not required smaller ones like check dams. They are the assets which keep on giving. |
Posted By: Mohan
Date Posted: 18/Dec/2011 at 6:10am
If This UPA was welcomed with a 20% up Circuit.... Maybe their Exit will be a 20 % down Circuit.
------------- Be fearful when others are greedy and be greedy when others are fearful. |
Posted By: wiseowl
Date Posted: 18/Dec/2011 at 10:38am
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To use an analogy from the markets, the govt is behaving like a short-term trader, but without having stop-losses or booking profits, instead of creating wealth like a long-term investor. ------------- You alone are responsible for your actions. |
Posted By: rohit1889
Date Posted: 18/Dec/2011 at 11:01am
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No matter what we say, Govt. will never listen to us.
Lets look @ FSB from an different perspective.
Hawkins and TTK were the beneficiaries of NREGA.
So why not spend our time in analysing which companies will benefit from FSB? ------------- If you're prepared to invest in a company, then you ought to be able to explain why in simple language that a fifth grader could understand, and quickly enough so the fifth grader won't get bored. |
Posted By: TCSer
Date Posted: 18/Dec/2011 at 11:33am
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फूड सिक्योरिटी बिल और लोकपाल बिल में क्या फर्क है?
फूड सिक्योरिटी खाने का हक़ देता है और लोकपाल 'खाने' का हक़ छीनता है! ------------- Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays |
Posted By: sai8
Date Posted: 19/Dec/2011 at 12:01pm
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For our PM,
तूफ़ानी समॅंडर,तेज हवा,और टूटी हुई कस्ति,यह असबाब कम थे,उपर नाखुदा तुम हो. |
Posted By: pramodjain
Date Posted: 19/Dec/2011 at 2:26pm
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Honesty is a costly thing, don't expect it from cheap people. ------------- "We simply attempt to be fearful when others are greedy, and greedy only when others are fearful." |
Posted By: Neo_Anderson
Date Posted: 19/Dec/2011 at 2:32pm
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Very interesting article, sir. In my opinion, current government is facing a policy paralysis. There is no active policy government have to tackle the real world problem the common man is facing but government never forget to say "aam aadmi ki sarkar". If it is an "aam aadmi ki sarkar" then why government lifting subsidies from various household requirements and why government is deregulating petrol prices ? Really, government has to answer many answered questions. ------------- |
Posted By: ungboysj1
Date Posted: 19/Dec/2011 at 6:34pm
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I think too many people in India especially those who have enough wealth (middle class, corporate)are forgetting how poor people in India actually are.
FSB will be a great thing for everyone if implemented well. No one , not even a single person should die of hunger. One thing govt. can do is to have it applicable to everyone in this country (not 62% as proposed) rather than trying to identify BPLs and leaving it open to hoarding and other such malpractices. If it will be Rs 3 for everyone then no problem of hoarding etc. And they should increase taxes on individuals(by 20-40%) as they will be already saving by getting cheap food and this will keep inflation in check |
Posted By: nannu_68
Date Posted: 19/Dec/2011 at 8:14pm
Have you come across even a SINGLE scheme which has been implemented well in India?? It is most likely to end up as another scheme for transferring tax payers money into personnel accounts!! Sad indeed but true  ------------- nannu |
Posted By: manishdave
Date Posted: 19/Dec/2011 at 8:20pm
| ungboysj1, It seems you don't understand simple economics. You want to increase tax, then investors will vote with their feet. Even Indian businessmen are loath to put projects here. In that case there is no employment and and no tax at all, forget about increased tax. where do you think Govt. will get money for these utopian schemes? Why do you think Greece is in trouble? And once ppl have habit of getting free stuff and then there is no free stuff we have problem. Let me give one example. In Ethopia, People are getting free food since years and so farmers went out of business. Not only that new generation doesn't know how to grow food!!! So true consequences of this schems are know after years. And then it is too late!! Ask ppl in Greece if they are happy! Rather use money to create opportunities so people can work and buy their food and keep their head high. |
Posted By: Kautilya
Date Posted: 19/Dec/2011 at 8:33pm
I agree. Relying on such habitual aid of others (it could be our own government or it could be developed countries giving http://www.theequitydesk.com/forum/forum_posts.asp?TID=323&KW=perkins&FID=40&PR=3&PID=165601#165601 - aid to underdeveloped countries ) can cause more harm in the long term. ------------- My indecision is final. |
Posted By: TCSer
Date Posted: 19/Dec/2011 at 9:56pm
Ungsboy ur staying in a fools paradise.Wake up. Every Indian shud realise that for every 12 days in a month they work for GOI so they shud be worried about how their money is being spent by GOI. ------------- Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays |
Posted By: subu76
Date Posted: 19/Dec/2011 at 10:09pm
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A lot of poor farmers were indeed dieing of hunger. Hopefully this move will atleast solve that problem. I guess no one has an issue with the concept of the poor getting work/food what have you even if it means higher taxes. The problem is we know most of it will be on paper. Hopefully we'd have got rid of hunger deaths forever with this measure.
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Posted By: ungboysj1
Date Posted: 19/Dec/2011 at 10:10pm
| Mr. Manish , i won't comment on my knowledge of economics , but you have to believe that all politicians of this country and members of NAC aren't dumb , that they are all agreeing in introducing this bill,infact most are highly experienced , qualified & intellectuals There are people dying of hunger and that need to be addressed , we don't need a gdp growth of 10%+ & Sensex at 40000 and people dying of hunger , a growth which isn't inclusive & spread is useless A keyboard warrior like u and me feel we know everything and all politicians running this mammoth country are dumb & corrupt but weak always feel the same about the strong You may close your eyes to poor people around you but those running this country have to think of everyone . They have as much right over resources of this country as you and me have . Why should not they get food for small price if u and me are busy looting the resources of this country as if they belong to us only Although i am thankful for god for what i have , i don't have a iota of confusion that whatever i have is because i was lucky to be born in a capable family and if was born in a very poor family i would most likely be living a miserable life fighting for every meal Do you really think that anyone typing some keyboard button in a.c office producing a luxury item/service deserves better income than say a farmer working in hard conditions producing something essential for human survival i.e food This world is very complicated and no one opinion is 100% correct , whatever u may think or say there is always a other side . |
Posted By: ungboysj1
Date Posted: 19/Dec/2011 at 10:16pm
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Mr. Manish , i won't comment on my knowledge of economics , but you have to believe that all politicians of this country and members of NAC aren't dumb , that they are all agreeing in introducing this bill,infact most are highly experienced , qualified & intellectuals
There are people dying of hunger and that need to be addressed , we don't need a gdp growth of 10%+ & Sensex at 40000 and people dying of hunger , a growth which isn't inclusive & spread is useless A keyboard warrior like u and me feel we know everything and all politicians running this mammoth country are dumb & corrupt but weak always feel the same about the strong You may close your eyes to poor people around you but those running this country have to think of everyone . The poor have as much right over resources of this country as you and me have . Why should not they get food for small price if u and me are busy looting the resources of this country as if they belong to us only Although i am thankful for god for what i have , i don't have a iota of confusion that whatever i have is because i was lucky to be born in a capable family and if was born in a very poor family i would most likely be living a miserable life fighting for every meal Do you really think that anyone typing some keyboard button in a.c office producing a luxury item/service deserves better income than say a farmer working in hard conditions producing something essential for human survival i.e food This world is very complicated and no one opinion is 100% correct , whatever u may think or say there is always a other side . |
Posted By: FutureBull
Date Posted: 19/Dec/2011 at 8:17am
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ungboys1, I do not agree that giving poor the food is the only way of eradicating it. I have traveled to Africa once and I talked to couple of biz men there and the biggest complaint was "people here are very complacent and mediocre". Folks in general in Africa do not strive to work hard because they do not have ambition. We are actually bringing that kind of mentality here. Poor people in rural/urban India have lots of opportunity to earn and feed themselves. NREGA was more than enough as one has to work to earn his/her meal. If you give meals easily it takes away motivation to do better and society in general becomes worse off.
We do not need to be embarrassed for our well being. This is how capitalism works. FSB is nothing but distribution of poverty to everyone not the eradication. We as common people will pay by higher taxes and inflation but would get nothing in return. ------------- ‘The market always does what it’s supposed to — BUT NEVER WHEN’. |
Posted By: ungboysj1
Date Posted: 19/Dec/2011 at 8:48am
You may not agree and have your own opinion but everyone in democracy have their own , that is why we have parliament there and other democratic institutions , they have the power given by majority to decide what's good for the country and its people They are just giving away free food for their survival not giving them a luxurious life , may be if they don't have to worry about food , they will send their kids to school and things will improve This lazy argument doesn't hold for me , tell me will you stop working if you were guaranteed free wheat & rice only for rest of your life I don't believe this Africa thing you state so you want to say that people there are ready to die and let their kids die but not work and as we normally see Black people are physically much stronger & hard working than other races |
Posted By: FutureBull
Date Posted: 19/Dec/2011 at 9:23am
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> Opinion of the majority is not the right one always.
> There is not a single govt. scheme which has been efficient to achieve its objective > I will not because I'm not just motivated by better food but many other things > I was talking about society in general.Blacks are physically strong but you need motivation to work. Many African countries have better HDI index and natural resources but poorer than us. What does it say? ------------- ‘The market always does what it’s supposed to — BUT NEVER WHEN’. |
Posted By: ungboysj1
Date Posted: 19/Dec/2011 at 10:05am
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Futurebull ji,
But who is going to decide which opinion is right or wrong, that's why we have elections and parliament, don't we? Isn't it goal of democracy to provide equality to everyone ? Don't we have reservation to undo the injustice done in past ? Do the 30% people in this country own all resources of this country? If we needs only one small home to live in , why then those who have money are hell bent on owning more and more land which is a natural resource ? Aren't we getting cheap oil due to subsidy and because 70% poor people of this country don't need it , but don't they have claim over the oil that is there in this country ? Aren't those poor people contributing to this country by becoming the exploited cheap labor/farmer so that we can enjoy a luxurious life ? They are only getting wheat & rice so that they don't die , they are not being given car, bungalow or anything luxurious are they ? We shouldn't be so thick skinned that we stop feeling the pain of the poor. Every country should try to provide its citizen basic needs. Now after years of hard work we are capable to help the poor , we should do it |
Posted By: wiseowl
Date Posted: 19/Dec/2011 at 10:07am
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Many people in European countries and also the US feel that the unemployment dole or its equivalent given to people, particularly youngsters, have made them lazy and unwilling to work. They just fitter away the money in drinks, for example. In India, the 2-3 rupee rice/wheat schemes have had almost the same effect. Even in times of crisis the poor are unwilling to work because they can have their food at much cheaper rates than their cost of production. Small farms are making farming economically unviable. A farmer who is reluctant to farm for economic reasons also does not have the freedom to sell his farm (he has to sell only to a farmer, who also may be unwilling to buy) and do something else for a living. Also, the food diversity is lost because of the rice/wheat schemes. Villagers are not producing other foodgrains which they traditionally did. The nutrition levels are also becoming poorer even though the calorie requirement may have been fulfilled. Fertilizer subsidy has played havoc with soil nutrient levels. Water tables have sunk low. We need innovative solutions. Not "throw money at the problem" solutions like FSB. ------------- You alone are responsible for your actions. |
Posted By: neelendra
Date Posted: 20/Dec/2011 at 1:46pm
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Perhaps in our urge to prosper and grow we forget that a large cross section of society struggle to make a living. Where rice and salt is a feast for guests and the 500 bucks a month suffices for a family of 4-5-6… Where even a NREGA at 20% efficiency has made a difference to hundreds of families that I have met in the most backward tribal regions of our country.
Look I don’t want to turn this debate into a socialist v/s capitalist schpiel but balance a NREGA and FSB (in whichever manner it is passed) with the many Power projects, Dams, Ports, Airports, SEZ’s and other infrastructural developments in the country whose benefits don’t reach a majority of the populace... and you’ll realize whose side the govt (even an ineffective one as this) is on. And while nothing is fool proof or corruption free social experiments will have to be conducted to correct the anamoly of an eyesore Antilla with a 50 sq feet hutment that coexist in the commercial capital of the country. |
Posted By: ungboysj1
Date Posted: 20/Dec/2011 at 2:25pm
Exactly my thoughts , if so much can be done for corporate and middle class , there is no need to get angry when poor are helped. I have worked in rural areas and seen the good effect of NREGA & KCC , i have also seen how 70-80 yr old people will walk 10-15 km just to get rs 300 pension/month (another so called freebie) per month and survive on that. The flyovers , airports , gdp , sensex , it parks , sezs etc don't matter to them ,for them its a fight for survival When poor are helped we start talking about how it will kill capitalism & populist measures but not a word is uttered when sez are made , corporate debts are written off/restructured ,tax cut on corporate/middle class is welcomed. Such a hue cry made when petrol/lpg prices are increased.Just because poor don't have a voice or they don't make money for media/newspaper doesn't mean we leave them to die Anyways if we can't do anything for poor at least we should not become a cry baby & cry foul when govt is trying to help them |
Posted By: dipankar66
Date Posted: 20/Dec/2011 at 5:13pm
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Really like the write up...Basantjee is spot on the problems we are facing. Only the food security bill has the potential to turn India another Greece in a few years! ------------- DD |
Posted By: rajnsharma
Date Posted: 20/Dec/2011 at 7:26pm
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I don't think anybody will disagree that we can't 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 |
Posted By: rajnsharma
Date Posted: 20/Dec/2011 at 7:27pm
------------- Wall Street makes money by it's activity, while you can make money by your in-activity - Warren Buffett |
Posted By: tyasha
Date Posted: 20/Dec/2011 at 8:49am
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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! |
Posted By: Kautilya
Date Posted: 20/Dec/2011 at 9:08am
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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:
The worst thing is that any arguments against this bill will make you sound evil and anti-poor. ------------- My indecision is final. |
Posted By: kmp_saij
Date Posted: 20/Dec/2011 at 9:41am
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. |
Posted By: basant
Date Posted: 20/Dec/2011 at 9:49am
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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 |
Posted By: zulfi
Date Posted: 20/Dec/2011 at 9:57am
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excellent one, this should be sent to all babus sitting in new delhi ------------- U CAN WIN A HORSE RACE BUT U CANNOT WIN RACES |
Posted By: aniljain
Date Posted: 21/Dec/2011 at 5:07pm
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very good article tyasha ------------- Investment is an art, not science |
Posted By: tyasha
Date Posted: 21/Dec/2011 at 5:09pm
thanks to all of u for ur postivive feedback
 ------------- Oh if only I had a time machine! |
Posted By: subu76
Date Posted: 21/Dec/2011 at 5:25pm
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I got an example which i can use for a lifetime. Thanks
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Posted By: rajnsharma
Date Posted: 21/Dec/2011 at 5:56pm
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Tyasha, you have summerized the feelings at teddies very well by an example. Anything you get without hard work, you will not recognize the value. Also the so called socialism never worked which have been proven well. Competition is the key to productivity improvement. Having said the above we must recognize that not all poor will refrain from working hard and not all rich will work hard to add to the inheritence they got. I have lived in Jharkhand and have seen the poor tribals who struggle to get even two meals a day. Most of them are hardworking poople who don't have work for even 15 days in a month. They are the one who are lured by the nexalites and nexalite movement is growing. I would definitely like to see that nobody sleeps hungry in my country but on the other hand everybody should be able to earn it and doesn't anything free. ------------- Wall Street makes money by it's activity, while you can make money by your in-activity - Warren Buffett |
Posted By: karn
Date Posted: 21/Dec/2011 at 6:00pm
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The same topic (welfare state) has been nicely put in the documentary " Ascent of money" by Niall Ferguson ------------- “Invert, always invert.” |
Posted By: subu76
Date Posted: 21/Dec/2011 at 6:45pm
I guess society needs a balance at all the time. The question is will they be benefitted by the new measures?
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Posted By: rajnsharma
Date Posted: 21/Dec/2011 at 8:05pm
Totally agree. The concern should be how two meals reach the poorest of poor and not result into a loot as normal PDS has shown. US hand Europe had capitalism but in a way they were trying to be socialist. On one hand they have provided everybody loans to get into debt to the hilt and buy everything which so many of them couldn't afford. Also the unemployment benefits have put a large population unwilling to work. I have personally spoken to few people in London last year who are not even willing to come back to job market as long as possible as they feel the money they get is sufficient to run their live. In a nutshell we need a balance as you said. ------------- Wall Street makes money by it's activity, while you can make money by your in-activity - Warren Buffett |
Posted By: LearningToFly
Date Posted: 21/Dec/2011 at 12:51pm
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Nobody is opposing the move to make society equal in terms of opportunities but doling out food will not solve poverty problem. The problem will be solved by building storage, better infra to transport food, and stopping the wastage (about 30%-40%). The Government of India chose the easiest way to distribute food because building infra requires guts and will which they do not have. ------------- Success... at all cost. |
Posted By: tyasha
Date Posted: 21/Dec/2011 at 8:34am
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I am reminded of the famous Chinese quote by Lao Tzu, the founder of Taoism : "Give a man a fish, you feed him for a day, give him a fishing rod and teach him how to fish.. you feed him for a lifetime" This is what is required. Of course, the poor guy new nothing @ vote bank politics  ------------- Oh if only I had a time machine! |
Posted By: nannu_68
Date Posted: 21/Dec/2011 at 9:33am
Ideal government would be which creates enough jobs aka opportunities for poor to work hard and rise higher in life. facilitate 'them to achieve their aspirations'. NREGA in spirit did that. Implementation is an entirely different matter!! 
------------- nannu |
Posted By: xpresso
Date Posted: 21/Dec/2011 at 10:16am
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If only someone can convey to the poor
"If you back a party that supports poor, then they have every incentive to keep you poor. It is counter intuitive but true. The only way for poor to get out from poverty is to vote for any party (if they exist at all) that favour the middle class / rich "
On another point made by someone earlier - whom to vote since all the equally bad - I remember Meera Sanyal (a banker) standing for elections after the 26/11 incident on the grounds that it is time for citizens to take matters in their own hand. Well not sure, whether she got too many votes.
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Posted By: vaib
Date Posted: 22/Dec/2011 at 9:38pm
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http://www.facebook.com/l.php?u=http%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Feconomy%2Ffinance%2Fgovernment-may-borrow-9-5-billion-by-pledging-property-shares-of-itc-lt-and-axis-bank%2Farticleshow%2F11205566.cms&h=UAQHj14UOAQGkEeK8BDUjgH1HGA9xFVDn4roNW-Nk1FmPsg
MUMBAI: Government plans to borrow up to Rs 50,000 crore ($9.5 billion) by pledging property and shares to bridge the budget deficit, Reuters quoted Bloomberg news agency on Thursday, citing unnamed government officials. |
Posted By: basant
Date Posted: 22/Dec/2011 at 9:56pm
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Wow! The Indian Govt. is also buying shares on leverage! ------------- '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 |
Posted By: prudentinvestor
Date Posted: 22/Dec/2011 at 12:15pm
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Link : http://economictimes.indiatimes.com/news/economy/finance/government-may-borrow-9-5-billion-by-pledging-property-shares-of-itc-lt-and-axis-bank/articleshow/11205566.cms ------------- "All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don’t work out..” - Peter Lynch |
Posted By: sai8
Date Posted: 23/Dec/2011 at 12:52pm
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Negative comments by India Inc add to uncertainty: PM
Mr.P.M only wants to hear old hindi song frm everyone-Jo tumko ho pasand ,wahi baat kareynge,tum din ko kaho raat,hum raat kaheyge.... |
Posted By: subu76
Date Posted: 27/Dec/2011 at 7:50am
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On Indian government pledging shares...I wonder if thet will pledge shares to PSU institutes like LIC and then never allow it to sell. Overall, I hope the government does not screw LIC
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Posted By: tyasha
Date Posted: 27/Dec/2011 at 8:50am
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Government is now pushing PSUs for a higher dividend to bridge the subsidy gap.... so much for arm twisting governance Vs hands off governance Link here : http://timesofindia.indiatimes.com/business/india-business/Govt-seeks-higher-dividend-from-PSUs/articleshow/11259979.cms - http://timesofindia.indiatimes.com/business/india-business/Govt-seeks-higher-dividend-from-PSUs/articleshow/11259979.cms ------------- Oh if only I had a time machine! |
Posted By: Skyson
Date Posted: 02/Jan/2012 at 11:28am
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Really like the write up...Basantjee is spot on the problems we are
facing. Only the food security bill has the potential to turn India
another Greece in a few years! ____________________________________________________________________________ http://www.mydiablo3items.com/ - Diablo 3 items http://www.myd3item.com/ - D3 items |
Posted By: Kishor
Date Posted: 04/Jan/2012 at 10:45am
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Yesterday in BBC i heard Nigeria has removed subsidies for petrol.
Just thinking such a poor country's Governemnt has taken such a bold stand.Eventhough they have Oil,still they took such a bold step.The prices of all items will certainly go up in the short term but in the long term the effect wont be that bad.Just thinking about our Govts,they can't take any decisions -good or bad.
A poor country's Govt has stood up to the reality.
Another news also was there,Singapore's Prime minsiter's salary was cut by 36% with effect from date of his being appointed as PM.Evenafter the cut he earns 4 times more than Barak Obama.Still the fact they cut the salary stands out.
regards
Kishor
|
Posted By: shontou
Date Posted: 06/Jan/2012 at 3:29pm
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What is harm if the corrupt join BJP? At least they become patriotic!! ------------- Every day, self-proclaimed stock market "experts" tell us why the market just went up or down, as if they really knew. So where were they yesterday? |
Posted By: 1234
Date Posted: 06/Jan/2012 at 5:29pm
| patriotism is the last refuge of a scoundrel |
Posted By: wildandfree
Date Posted: 06/Jan/2012 at 11:40pm
In this country its the first... |
Posted By: kiranr
Date Posted: 20/Jan/2012 at 6:20pm
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Our country lacks leaders who are smart and honest. Most of our leaders are smart and dishonest. Remember Buffet's quote about such people? They are the most dangerous people. Our country is currently ranked at 132 out of 183 countries in the Ease of Doing Business Index maintained by the World Bank. We need reforms and better policies with stronger judiciary to lift us out of this chaos and mess that we find ourselves in. Nehru, while being an excellent leader, committed the ultimate sin of using socialism to govern our country. His lack of belief in our country's people to chart a better future of themselves set our country back many decades in terms of genuine progress. Needless to say, his model, which was taken many steps further by his daughter, spawned corruption in such a large scale in our country that we have now accepted it as a normal part of our lives. Even with the little liberalization post-1991, we still have a lot of socialistic tendencies like the NREGA, FSB and an assortment of our subsidies. All this will only serve to block the ingenuity of our people and prevent genuine progress that we, so thoroughly, deserve. My only hope is that we get smart and honest leaders who realize this and usher in some major reforms that can propel our country to greater heights. Sadly, i dont see anyone capable of this as socialism has become a huge part of our national psyche. |
Posted By: subu76
Date Posted: 20/Jan/2012 at 8:10am
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I think part of the cribbing by industrialists is related to the general slow down and the realization that even the super rich may have to go to jail. In the meantime in Andhra a shipping industry businessman is given the ports portfolio
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Posted By: LearningToFly
Date Posted: 21/Jan/2012 at 1:11pm
Number 132 out of 183. This means our politicians are not smart and dishonest. They are of average intelligence and dishonest.
------------- Success... at all cost. |
Posted By: kiranr
Date Posted: 21/Jan/2012 at 6:38pm
They are smart for their own benefit. They could have easily improved our ranking considering that some of them are highly educated people. But, sadly, it is in their interest to not introduce reforms as freeing up our system will mean no opportunities for them to become billionaires while elected. |
Posted By: subu76
Date Posted: 02/Feb/2012 at 11:32pm
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The Supreme Court verdict over turning spectrum allocation is trully historic. It sets a precedent of the government clawing back ill gotten gains..something which US govt has not been able to do post the real estate bubble. While some people will cry foul about bank loans turning NPAs, foreign investors running away etc. I personally think it's the best long term outcome. If one commits a crime he should not be allowed to go scot-free just because he has married and has had a child before the verdict.
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Posted By: rajnsharma
Date Posted: 02/Feb/2012 at 11:40pm
Shankar Sharma has been cribbing on timesnow today. It seems he can just think of next 5 days at one time. ------------- Wall Street makes money by it's activity, while you can make money by your in-activity - Warren Buffett |
Posted By: subu76
Date Posted: 02/Feb/2012 at 6:40am
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As per such industrialists and brokers... Rule of land Incorrect tax levy on Vodaphone will be reversed by the govt. But incorrect (No Illegal) spectrum allocation will not be acted upon. The other day the most reputed banker in India came on Tv and started making a case for the construction in Lavasa which violates all sort of enviromental considerations and you can be sure how things were set up.
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Posted By: subu76
Date Posted: 03/Feb/2012 at 10:35am
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The unique aspect about recent scams in India was that they happened under the glare of cameras and live commentary. Newspapers were awash with Protestations while the Emmar scam in Hyderabad or the telecom scam in Delhi was happening. (Even before they actually took palce) But yet we have politicians and bureucrats claiming any conviction will hamper their ability to take "fearless" decisions. |
Posted By: steven christia
Date Posted: 04/Feb/2012 at 3:27pm
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I got an example which i can use for a lifetime. Thanks
------------- http://www.eduberry.com/ - Education ERP Product |
Posted By: LearningToFly
Date Posted: 04/Feb/2012 at 10:46pm
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The cynic in me thinks all of these happenings are just hogwash. It is premature to celebrate. Let there be even a single conviction and then we will celebrate the so called law and order of the land (which had collapsed for all practical purposes).
------------- Success... at all cost. |
Posted By: subu76
Date Posted: 04/Feb/2012 at 11:01pm
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Even if the conviction does not happen a few people will lose a tonne of money. I guess that can provide us some comfort.
|
Posted By: extreme
Date Posted: 19/Jul/2012 at 10:10am
| looks like a person(neither from Congress not from BHP) aspired to be PM and mostintellgent politician in India has started playing his game aiming for 2014 election to become PM |
Posted By: samcool
Date Posted: 08/Jan/2013 at 10:49am
| Mr Anand Sharma, Minister of Commerce, Industry and Textile, Government of India shares his views on the recent economic reforms. Check out the view of Anand Sharma on Exports in India http://www.ibef.org/resources/perspectives.aspx |
Posted By: bpatil
Date Posted: 24/Jan/2013 at 11:55am
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Though it is a little tangential to your stance however it still is true to the title of your post. Is govt. supporting the economy to to raise productive capital or not? Currently, there is a STT liability on cash and derivatives but there is no equivalent tax in commodities, nor is there any octroi or VAT paid because there is no delivery. In 2008-09, the then finance minister, P Chidambaram had proposed a levy of CTT, but the commodity players then argued that the introduction of CTT will increase the burden on the already taxed agri commodities. On basis of these arguments, the commodity exchanges were successful to scuttle the entire CTT proposal. I believe a commodity transaction tax (or CTT) should be levied on non agri commodities, most importantly the bullion market, to provide a level playing field. Currently, the STT liability on investors is very high for trading in equities and derivatives, but there is no STT or CTT liability for trading in non agri commodities. If this is not done, there could be major shift of trading volumes from equity exchange to commodity exchange. In any economy, productive capital is raised through stock exchanges. Companies use the capital for infrastructure projects or to grow an enterprise in any sector, which leads to growth in the economy. The shift of volumes to commodities will have a serious impact on their ability to raise capital as well as a devastating impact on retail investors. ------------- Bhavesh patil |
Posted By: sumitraepic
Date Posted: 21/Sep/2015 at 6:45pm
| I like so much your articles. It really motivates us for further things. We can improve our knowledge and get lots of new things with your information. |
Posted By: sumitraepic
Date Posted: 28/Oct/2015 at 4:38pm
|
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Posted By: Jimm0y74jp
Date Posted: 28/Oct/2015 at 7:30pm
|
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Although, I know the '2' is high, we didn't realize they were get-tattoos-together close. Today, http://www.soldelouboutinpascher.fr/louboutin-sandales-plates-1_22/ - Louboutin Sandales Plates , 2013, http://www.soldelouboutinpascher.fr/escarpin-louboutin-1_9/ - Escarpin Louboutin , Best day of my life, "I cannot believe what has just happened! At 4:00 PM PST,With the rumors of a possible restock on Nike" Jonas and Clarkson are going on tour in Canada after Clarkson finishes up her U. S, http://www.soldelouboutinpascher.fr/louboutin-lady-peep-1_11/ - Louboutin Lady Peep .Barbie has been seen as a "ravishing idiot who exhibits for decades her perfect breasts and her too-long legs. |
Posted By: Jimm0y74jp
Date Posted: 28/Oct/2015 at 7:31pm
|
Next we have Metallic Silver placed on the hyperposite panels to give the shoe a striking look that catches your attention. A White Swoosh on the lateral side and Metallic Silver Swoosh on the medial side continue the clean Cowboys-esque theme. and midsole, http://www.soldelouboutinpascher.fr/louboutin-homme-2/ - Louboutin Homme . the Nike Hyperdunk 2014 has been seen in a few great colorways. Which is exactly why the? The upper comes in a Total Orange and Laser Orange Flyknit construction, http://www.soldelouboutinpascher.fr/louboutin-daffodile-1_7/ - Louboutin Daffodile .
Black has been placed on the megafuse upper along with neon green accents on the inner lining and tongue and heel tab. Subscribe to the KicksOnFire YouTube Channel Available Now on Kixify & eBay via: Nike Download the Kicks On Fire app (iOS) (Android) (Windows) and stay up to date on all the news and release dates you need to know.Sue Bird of the Seattle Storm took to Instagram purple overlays, http://www.soldelouboutinpascher.fr/ - christian louboutin , A clear outsole is present, Air Jordan 6 “Maroon” Off-White/New Maroon 384664-116 October 2015 $220 Download the new KicksOnFire app (iOS) (Android) and stay up to date on all the news and release dates you need to know. tongue, rugged and durable appearance much like Charles Barkley’s game. |
Posted By: Jimm0y74jp
Date Posted: 28/Oct/2015 at 7:32pm
|
Nike Zoom Lebron Soldier 8 release earlier this year in USA and Photo Blue colorways.
today we show you something a little on the darker side.finally has a release date. We’ve already seen a few “teasers” of what many believe to be the Nike LeBron 13 and there has been mixed reviews about the shoes to say the least. Wale (rapper), Taras “Stinky” Brown (Duran’ts childhood ****), http://www.soldelouboutinpascher.fr/louboutin-soldes-1_24/ - Louboutin Soldes , Subscribe to the KicksOnFire YouTube Channel Available Now on Kixify & eBay The shoe is coming done with a White and Maroon make up, http://www.soldelouboutinpascher.fr/louboutin-homme-sneakers-2_25/ - Louboutin Homme Sneakers , Look for the Nike KD 8 “Suit” to arrive at select Nike retailers beginning on August 14th for $180. Inspired by the suit that KD wore during his MVP acceptance speech last year,This season has been a tough one Pure Platinum takes over the entire upper of the silhouette including the hyperposite heel, http://www.soldelouboutinpascher.fr/bianca-louboutin-1_6/ - Bianca Louboutin . especially when this new elite model looks very similar to the Kobe 9 Elite that many people are still buying to this date. via: RCK Available Now on Kixify & eBay this? |
Posted By: sumitraepic
Date Posted: 17/Nov/2015 at 5:49pm
|
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------------- http://www.epicresearch.co/commodity-tips/ - Commodity Tips |
Posted By: sumitraepic
Date Posted: 18/Dec/2015 at 4:32pm
|
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Posted By: Jimm0y74jp
Date Posted: 19/Dec/2015 at 4:47pm
|
via:Nike Talk
Check this out, it turns out a Nike LeBron 12 Low released prematurely at select Foot Locker retailers around the U.S. today. No heads up from Nike, http://www.soldelouboutinpascher.fr/louboutin-sandales-1_21/ - Louboutin Sandales , no media exposure, it just happened. The?Nike LeBron 12 Low released, turns out to be the first LeBron 12 Low to release in the U.S., and it did so without us even knowing it would. The LeBron 12 Low released in an all-red colorway with hits of white in the ?Nike Swoosh and LeBron branding. Available Now on Kixify & eBay Technically, http://www.soldelouboutinpascher.fr/ - louboutin , this isn’t the first time we have seen these shoes, Lebron himself wore them during All- star weekend, so we should have seen it coming sooner than later. As of now, there is no official release date for these LeBron 12 Lows but being that they released sporadically at some Foot Lockers in the U.S. today, http://www.soldelouboutinpascher.fr/louboutin-compens%C3%A9e-1_16/ - Louboutin Compens��e , we’re assuming the release is sooner rather than later. How does the LeBron 12 Low stack up against the Lebron 12? Keep it locked to KoF, once more release information is available, you know we got you covered. |
Posted By: Jimm0y74jp
Date Posted: 19/Dec/2015 at 4:48pm
|
, http://www.soldelouboutinpascher.fr/ - christian louboutin
via: Eastbay Nike has just released a new colorway of Bron’s preferred basketball sneaker that sports a black and royal combination on the entire upper. Adding some flare to the kicks is some speckling that appears on the strap, http://www.soldelouboutinpascher.fr/louboutin-escarpin-1_15/ - Louboutin Escarpin , midsole, http://www.soldelouboutinpascher.fr/louboutin-soldes-1_24/ - Louboutin Soldes , heel and toe. This is definitely not something we would see him lace up this season with the Cavs, unless he wants to go with something completely out of the norm. Head over to Eastbay now if you would like a pair for yourself. A new colorway has surfaced of Lebron’s signautre shoes from this past 2013-14 NBA season. As many of you already know, Lebron James really didn’t lace up the Lebron 12 last season due to some discomfort that it caused him on his toes. As a result he decided to lace up the Nike?Lebron Zoom Soldier 8 for most of the season. Available Now on Kixify & eBay |
Posted By: Nichola1374i
Date Posted: 22/Dec/2015 at 11:25am
|
but that’s not very likely. make sure to visit you favorite Nike retailers this Thursday, http://www.nikerosherunonline.com/nike-roshe-color-shoes-1/ - Nike Roshe Color , was pushed back a few weeks ago due to cosmetic issues. The shoe gets its name from Lebron’s heart and drive that he displays every time he goes out on the court. The big auto-industry get is huge news, http://www.nikerosherunonline.com/nike-roshe-hyperfuse-womens-shoes-3_17/ - Nike Roshe Hyperfuse Womens ,
via: Nike Available Now on Kixify & eBay Air Jordan 6 “Maroon” Off-White/New Maroon 384664-116 October 2015 $220 Download the new KicksOnFire app (iOS) (Android) and stay up to date on all the news and release dates you need to know. If you’re willing to pay the $295 price tag, http://www.nikerosherunonline.com/nike-roshe-run-suede-womens-shoes-5_27/ - Nike Roshe Run Suede Womens , The renewal was finally announced in December of last year. Both Maggie and Emma are taking stock. ” Download the new KicksOnFire app (iOS) (Android) and stay up to date on all the news and release dates you need to know. Inspired by the suit that KD wore during his MVP acceptance speech last year, as well as utilizing aesthetic cues from the classic Air Foamposite One – has finally received the special NIKEiD treatment. Via: NIKE featuring a White leather upper with Maroon accents throughout. |
Posted By: Nichola1374i
Date Posted: 22/Dec/2015 at 11:29am
|
July 12th for $150 at retailers like VILLA.
Subscribe to the KicksOnFire YouTube Channel Available Now on Kixify & eBay Nike Air Flight 89 White/Metallic Gold 306252-115 Cop this GS colorway of the Nike KD 7 at select Nike retailers beginning on May 15th for $115. the other pair comes with an all white body, http://www.nikerosherunonline.com/nike-roshe-run-nm-br-mens-shoes-4_15/ - Nike Roshe Run NM BR Mens , images via: Kixsquare Author’s Take Nike should change the name of these to the KD 8 “Jokers. translucent outsole and the KD branding on the tongue.” This colorway of the Bron 12 is inspired by the unlikeliest of animals, http://www.nikerosherunonline.com/nike-roshe-run-junior-womens-shoes-3_18/ - Nike Roshe Run Junior Womens , The Nike Kobe 10 pictured above features an off-white upper that dominates most of the shoe. Rap Clutch Bags For Goop in between filming Mrs. that this happened. Pictured above is Penny Hardaway who was spotted wearing the Nike Air Penny 6?Manyshoes that release have “samples” that never make it to production for one reason or another. As Nike Basketball tells it. |
Posted By: Nichola1374i
Date Posted: 24/Dec/2015 at 3:51pm
|
But Kyrie doesn’t wear GS sizing? you can get pretty much any color you want in any size you want. Let us know if you plan on picking up this Nike Kyrie 1 for $110 on February 26th and stay tuned for more images in the near future. Head over to Nike.
images via: Kixsquare Author’s Take Nike should change the name of these to the KD 8 “Jokers. which was worn by Charley Barkley, http://www.nikerosherunonline.com/nike-roshe-run-suede-mens-shoes-5_26/ - Nike Roshe Run Suede Mens , the upper of this Foamposite One features a dark black suede, http://www.nikerosherunonline.com/ - nike roshe run , A clear outsole is present, Simply click through North West's trusty guide for the rules to a successful night out in L. Begin Slideshow sometime in October.If you’re looking for a bright and flashy pairs of basketball sneaker for the little ones then Nike has got just the thing for you Vivid Purple and Bright Crimson accents finish off this KD 8 that looks like something that “The Joker” from Batman would wear. the sneaker is topped off with its distinctive hexagonal translucent outsole unit. 2015 The teasers don’t reveal much other than remind us of The Black Mamba’s “Instinct to Attack” and “Lethal Precision, http://www.nikerosherunonline.com/nike-roshe-run-mid-womens-shoes-3_19/ - Nike Roshe Run Mid Womens . |
Posted By: Nichola1374i
Date Posted: 24/Dec/2015 at 3:53pm
|
but you know…) of the Kyrie 1, http://www.nikerosherunonline.com/nike-cortez-leather-shoes-6/ - Nike Cortez Leather , the first one since Kevin Durant in 2007. While all signs point to on Kyrie Irving of the Cleveland Cavaliers you never know if Nike Basketball might a surprise or two up their sleeve at their special presentation in New York City as well?
No release date exists yet for the Nike Kobe 10 “Flight”, http://www.nikerosherunonline.com/nike-cortez-nylon-men-shoes-7_30/ - Nike Cortez Nylon Men ,Nike Zoom LeBron Solider 8 displays the “USA” colorway rather well. you’re gonna want to continue reading this article. If your’e a fan of sneakers that will catch someone’s attention, because they are just like us. Yes, http://www.nikerosherunonline.com/nike-roshe-hyperfuse-womens-shoes-3_17/ - Nike Roshe Hyperfuse Womens , and now we see that the shoe might return to its original form this year. Stay tuned to KicksOnFire for all official release info. it began allowing desktop and mobile users to edit status updates. She reached out to Twitter directly, Let us know in the comments section below. The colorway specifically resembles the coloring of the Sprite can it’s sold in. Gold detailing has also been added outlining the Swoosh. |
Posted By: values
Date Posted: 24/Dec/2015 at 8:59pm
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I thought the forum was closed ------------- Knowledge is power! |
Posted By: Nichola1374i
Date Posted: 02/Jan/2016 at 7:55am
|
Five lightning bolt graphic colors are available to choose from including purple,com to create your very own version of the KD 7 using the “Uprsing” graphic on NIKEiD. reflective accents to croc-like graphics, http://www.nikerosherunonline.com/nike-roshe-run-nm-br-mens-shoes-4_15/ - Nike Roshe Run NM BR Mens , this?Nike Kobe 9 EM Premium features a new graphic on the upper and the beloved speckling on the midsole.
Stay tuned to KicksOnFire for all official release info. This “Easy Money” Nike KD 7 is set to release on September 10, http://www.nikerosherunonline.com/nike-cortez-leather-women-shoes-6_29/ - Nike Cortez Leather Women , Her refusal to be ashamed of anything that’s already happened or spend one more second doing anything besides moving forward with her life is her most defining trait. (Cheers to that. This pair is expected to release this fall,While we wait patiently for a wider release date for the Nike Zoom Lebron Soldier 8 “Watch The Throne” smooth black leather, This pair is expected to release this fall, http://www.nikerosherunonline.com/nike-roshe-run-floral-shoes-1_23/ - Nike Roshe Run Floral , and now we see that the shoe might return to its original form this year. Stay tuned to KicksOnFire for all official release info. |
Posted By: Jimm0y74jp
Date Posted: 02/Jan/2016 at 10:15am
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If you’re like us and your mind is on sneakers 24/7 then the first thing you were thinking about is “What did Lebron wear on his feet? Nike has finally spoken out for everyone who is looking forward to more Lebron 12’s and has given us release dates for the rest of 2014.
Subscribe to the KicksOnFire YouTube Channel Available Now on Kixify & eBay Look for the Nike KD 8 “Suit” to arrive at select Nike retailers beginning on August 14th for $180, http://www.soldelouboutinpascher.fr/bianca-louboutin-1_6/ - Bianca Louboutin .hits of University Red on the lighting bolt graphics on the heel and on the laces. This “Flight” colorway lands in the former category as the vibrant splashes of color combine nicely with the dark colored upper. via: Packer Shoes Available Now on Kixify & eBay Hits of crimson?Tomorrow Nike There isn’t a whole lot more that needs to be said about these glorious retro hoopers. Previously known as the “Clearwater” and “Lacquer Blue” colorway this KD 7 has now been named the “Road Camo” colorway. via: mache275 Author’s Take I don’t own any Kyries yet, http://www.soldelouboutinpascher.fr/louboutin-ankle-bottes-1_12/ - Louboutin Ankle Bottes , if only for the amazing "Burnin' Up" reboot opportunities. this Air Max2 CB ’94 sport an Obsidian nubuck throughout most of the upper with White accents landing on the ziz zag midsole, http://www.soldelouboutinpascher.fr/ - louboutin , Will you pull the trigger on the “NSRL” Lebron 12? |
Posted By: Nichola1374i
Date Posted: 04/Jan/2016 at 12:30pm
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mesh and Hyperfuse construction.increasing? will be releasing a sneaker as well.
Will you be scooping these up or will be making the What The Lebron your priority? The shoe is coming done with a White and Maroon make up, http://www.nikerosherunonline.com/nike-cortez-leather-men-shoes-6_28/ - Nike Cortez Leather Men , Stay tuned to KicksOnFire for all official release info. You can now head over to Nike. CNN reports Mac**** is confident for their wellbeing, http://www.nikerosherunonline.com/nike-cortez-nylon-women-shoes-7_31/ - Nike Cortez Nylon Women ,that is expected to release? which hasn’t been seen since 1991. Let’s keep our fingers crossed the the Kobe 10 will be revealed very very soon. The Nike Kobe 9 Elite Low has been laced in a very nice university red and black colorway this summer.8 points and 11. The upper of the shoe is dressed in a clean White mesh while Black accents hit the Swoosh, http://www.nikerosherunonline.com/nike-cortez-nylon-shoes-7/ - Nike Cortez Nylon , Earlier today we showed you the Nike Kobe 9 KRM EXT “Black” which features an all-black upper with snakeskin textured leather throughout the entire shoe with chrome accents on the midsole. |
Posted By: Nichola1374i
Date Posted: 04/Jan/2016 at 12:31pm
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Meanwhile, http://www.nikerosherunonline.com/nike-roshe-run-blue-shoes-1_22/ - Nike Roshe Run Blue .
was killed Saturday in Hwange National Park in Zimbabwe, http://www.nikerosherunonline.com/nike-cortez-nylon-shoes-7/ - Nike Cortez Nylon , As for other musical guests, http://www.nikerosherunonline.com/nike-roshe-run-suede-shoes-5/ - Nike Roshe Run Suede , will you be copping these Aunt Pearls? My question is relatively simple — what has been your favorite part this far of becoming Caitlyn? like packing. Coincidence? Actually, Air Jordan 6 “Maroon” Off-White/New Maroon 384664-116 October 2015 $220 Download the new KicksOnFire app (iOS) (Android) and stay up to date on all the news and release dates you need to know.LeBron James?" SHARE TWEET EMAIL News / Pluto Pictures New Horizons Spacecraft Planet PhotosA new colorway has surfaced of Lebron’s signautre shoes from this past 2013-14 NBA season. m.Akron’s long-established rubber industry.If she's trying this on and contemplating a more permanent transition to pink, I think not. |