Redistribution of Wealth

The latest assault weapon for Senator John McCain and Gov. Sarah Palin against their opponent Senator Barack Obama is the “Socialist/Marxist/Robin Hood” tag on him.

Such rhetoric and false propaganda is to create doubts in the minds of entrepreneurs against Senator Obama.

The distortion of Senator Obama’s policy leading businesses to believe that,

“In Taxing 1% of the population in the 40% tax bracket while shifting the tax burden to the top 10% percent with 70% of tax exacerbates the entities from active participation in the economic growth.”

The reason behind similar branding is the fair tax proposal presented by Senator Obama to alleviate the socioeconomic problems that has currently widened the canyon between rich and poor in our country.

Thus slowly but gradually eliminating the middle class in our society.

Senator Barack Obama’s tax policy is based on relieving all citizens including small and medium sized businesses earning less than or equal to gross income of $250,000 per annum from any tax hikes to offset expenditure.

This strategy creates financial liquidity among households and businesses alike that is desperately required to stimulate the ailing economy.

By exempting the average households from any tax increases, the consumer spending is generated that will benefit the Retail economy which in turn will permeate throughout the economic spectrum.

The strengthening of the Retail economy will boost the manufacturing, service industry… reaching all the way to the top of the corporate growth.

The Corporate growth means investment prospects for both private and public sectors resulting in healthier and consistent stock market performance that has been highly volatile recently.

It is simple economics.

Supply and demand forces determine a free market system.

Unless, there is a demand for any particular goods or services the supply chain link cannot remain in force.

Simultaneously, the demand can be a catalyst in the process only through affordable consumer spending.

This is where the small and medium sized businesses come into play with the tax breaks from Senator Obama’s policy.

It is noteworthy that small and medium sized businesses deal with wholesale industries for raw materials and other items ultimately owned by major corporations in a market economy.

There are valid reasons to embrace the market economy worldwide.

A. Induces competition apart from enrichment of ideas

B. Competition enables choices in quality and price

C. Controls inflation or deflation

Therefore, the retail consumers benefit from the market economy that facilitates all small, medium and large players in competing with one another effectively for common good.

All of the above factors directly and indirectly influence the fiscal, monetary and economic policies in a Capital economy.

Briefly, the cash flow offered through tax relief by Senator Obama to a substantial group of taxpayers who are also the consumers trigger consumer spending and exponentially elevate the economic status among various groups in the society.

It also eventually contributes to the wealth accumulation by the top ten percent in the society whose welfare alone is a major concern for McCain/Palin candidacy.

Ironically, the McCain/Palin candidacy in their zeal to own Capitalism as the trademark, fail to recognize the importance of fundamental growth in the lower and middle income groups vital for the survival of small businesses and retail industries, the structural components of a successful Capital economy.

Senator McCain’s tax policy to freeze tax increases across the board by asserting that the Bush administration’s permanent tax cuts to wealthy individuals and Corporations would miraculously revive the economy is a fantasy beyond reason.

It is worth remembering for McCain/Palin campaign that the current Bush administration, as their supporter will depart shortly leaving the nation with multi-trillion dollar debt, on-going wars in Iraq and Afghanistan requiring constant capital injection, declining dollar and hosts of economic commitments willfully neglected in the past eight years.

The undecided/swing voters in every battleground state must realize that there are no precise solutions from McCain/Palin candidacy to resolve the humongous challenges confronting our nation in the absence of any meaningful tax policy.

Senator McCain’s policy to create new jobs as economic solutions again fails to meet the criteria of capital requirement in the present economy with severe financial liquidity crisis.

In fact, the recent economic strategy to bankroll the corrupt and failed corporations with the taxpayers funds, along with the economic stimulus package by the Bush administration fits the profile of the political stigma - “Socialism/Marxism” except,

Here, the beneficiaries are the Corporations and their wealthiest CEO’s rather than the taxpayers i.e. the average citizens.

Since, the same political party represents the Bush administration and McCain/Palin candidacy, it would be more appropriate to assign the factoid to the respective contenders.

Fact Check: In a progressive tax structure, Senator Obama’s policy to exempt the vast majority of taxpayers/consumers from tax increase would,

1. Promote economic status as highlighted above…

2. Ultimately, create a fair system of sharing the economic burden by all rather than only by the affluent ones.

Such farsighted and permanent solutions to persisting economic problems is in direct contradiction to the myth and misnomer cast by McCain/Palin doctrine against Senator Barack Obama to win the election.

Socialism/Marxism may well be the nemesis to Capitalism,

Capitalism cannot thrive without consumerism – That is the fact.

Thank you.

Padmini Arhant

Voting Right

The election is around the corner.

Our nation’s electoral process is nearing conclusion.

Both party candidates are working very hard along with thousands of campaign workers to set a better example of a credible election in the world’s first and modern democracy.

Of course, the debates, discussions and campaign speeches will continue until the eve of the election.

What is important for the electorate to understand is their role in this historic and democratic process?

The candidates have done their part in delivering their speeches and presenting the policies for various challenges confronting our nation.

It is now entirely in the hands of the electorate to make the right choice.

We all know the consequences of making wrong decisions based on personal background, rhetoric and election gimmicks that often come into play at the last minute of the event.

Unfortunately, the rhetoric from Senator McCain and Gov. Sarah Palin’s campaign against Senator Barack Obama is fundamentally immoral and resonating the usual tactics of the political game… Do or say anything to win election .

Anyone residing in this nation in the past eight years should know where that kind of politics has brought us both in the national and international scene –

The nation dragged on its knees with the economic disaster, relentless and reckless wars, education, health care, energy and environmental crises and last but not the least the decline in morality with the cavalier approach to every problem and situation.

It is time for the electorate to rise to the occasion and save the country every one of us love.

Moreover, invite the best opportunities that are lost in the past eight years of failed policies by casting your vote for Senator Barack Obama and Senator Joe Biden’s candidacy.

As stated earlier on numerous occasions, Senator Barack Obama’s candidacy is historic in many aspects.

Most importantly, it has the right antidote for the ailing economy, health care, education, energy, foreign policy and environmental crises.

Gov. Sarah Palin’s environmental record is no secret.

Anyone in need of enlightenment in this respect please read the article Save the Planet on www.padminiarhant.com under environment and ethics category.

Further, Gov. Palin’s position in denying the women’s right to choose in Roe vs. Wade is yet another matter of concern in a democratic society.

Senator John McCain on his part is all over the place on all issues.

The reason being;

The Senator has focused more on vilification of his opponent Senator Barack Obama with unethical personal attacks and unsavory remarks rather than specifying the solutions for the nation’s problems.

Senator John McCain, who won the Republican Primary election as a maverick lost his persona in the general election.

The era of winning elections on personal attacks and rhetoric is outdated unlike 2000 and 2004 proclamations.

In this election 2008, a new trend has been set and the electorate, media and news organizations must insist that candidates and all other participants maintain the decorum.

Nothing else matters other than the sanctity of democratic values in this election or in the future.

All that the voters care about and deserve is the clear strategy and solutions for the problems created by the legislators mostly representatives of the Corporations.

The voters in all battleground states – Nevada, Colorado, Pennsylvania, Ohio, Virginia, Florida and Missouri must make a clear choice:

If they want to see their children and the future generation relieved from the burden of multi- trillion dollar debts and the planet they could live safely and peacefully.

That choice cannot be anything other than the Obama/Biden candidacy.

Please stop guessing and swaying on the baseless and false allegations about Senator Barack Obama from the McCain/Palin campaign.

It should be obvious to any discerning voter that any candidacy that evades the real issues and invest the entire resources in character assassination of a candidate like Senator Barack Obama will be a disaster for the citizens and the country.

The time is now to claim the mantle of peace, progress and prosperity for all from those responsible for chaos, catastrophe and crises.

It is achievable only through Obama/Biden candidacy.

Your vote will count and matter only with the Obama/Biden candidacy.

Please do it for yourself, your children and all the other loved ones by voting early for the candidacy of Senator Barack Obama and Senator Joe Biden.

Finally, please standby for clarification on distortion of facts such as,

Redistribution of Wealth and other personal issues raised by McCain/Palin campaign against Senator Barack Obama.

Thank you.

Padmini Arhant

Vote No to Proposition 8

There are many issues on the ballot in California that concerns life in general.

Among them, the contentious issue has been the Proposition 8.

What is Proposition 8?

http://www.noonprop8.com/about/fact-vs-fiction - Thank you.

“Fact: Prop 8 is simple: it eliminates the rights for same-sex couples to marry. Prop 8 would deny equal protections and write discrimination against one group of people—lesbian and gay people—into our state constitution.”

In simple terms, Proposition 8 is a State Constitutional ban on same-sex marriage.

The Separation of Church and State in the Constitution clearly defines the role of State and the jurisdiction within.

Simultaneously, the religious institutions like Church have a specified function as the non-profit organizations with tax-exempt status.

Although, it appears from the news articles… that Church functions beyond its jurisdiction and exercise liberty on moral issues.

By taking advantage of the ambiguity in the IRS code for tax-exempt status, Churches donate money to a ballot initiative like Proposition 8 without endangering status-quo.

However, the IRS restriction applies to any major activities by the Church in the legislation.

Since, the Church is involved in this particular issue, it deems right to highlight the fact that,

“God created all equal.”

Every one of us regardless of race, religion, sexual orientation and socio-economic background are entitled to the same rights, privileges and benefits in a democratic society as well as from the religious standpoint represented by God.

It is presumptuous to perpetrate such inhumane, unethical and undemocratic treatment towards gay and lesbian people, who are also beloved children of God.

The discriminatory practice is a human analogy to enforce one’s own orthodox in the name of religion.

It would be inappropriate to reference God in this equation.

If the reason behind such activities to ban same-sex marriage were from the preconceived notion,

That it would negatively influence young minds then,

All those religious institutions have adequate work to do within their own premise…

As children been the victims of highly immoral conduct by the religious order since the birth of religions.

To quote the article in San Jose Mercury News, October 25, 2008 – Thank you.

The Rev. Rick Mixon, pastor of the First Baptist Church of Palo Alto has eloquently summarized the solution to the vigorously debated issue of Prop 8:

Pastor Mixon said –

“The state should protect civil rights and civil contracts like marriage, while the church should be blessing and supporting all manner of loving relationships and families.

He further added –

“I just said, “Where would Jesus be on this?”

“It’s pretty clear to me where he’d be. He’d be in support of anybody who was trying to create loving, caring, compassionate relationships.”

The Gospel Truth delivered.

Prior to being judgmental, it is important for all human beings to view from the opposite angle for a rational thought, as human tendency is to love thyself before friends and neighbors.

The gay community deserves respect, love and honor.

Please VOTE NO ON PROP 8.

Thank you.

Padmini Arhant

P.S. The article titled “Separation of Church and State” featured under Spiritualism category in www.padminiarhant.com , strictly relates to the theme “references to God in the public square”. The presentation is not for others to misinterpret or distort the message to convey their viewpoint to Vote for Prop 8 or other issues.

The Truth Doctrine

Why do people run for public office?

It all depends on individuals. Some are genuinely passionate about doing greater good for the people and humanity like the Democratic Presidential candidate, Senator Barack Obama.

While others, participate for personal gains.

Lately, it is evident from the disastrous economy, reckless wars, environmental degradation and erosion of morality in the White House and Capitol Hill that Politics is a convenient platform for these entities to achieve their personal agenda.

That is why this current election is a historic event.

It is not only unique because of the race and gender on both sides but for the national interests on range of issues that are at stake right now.

Both parties have presented their policies and positions that matter to people.

It is important for the electorate to be discerning in their choice of the policies represented by Senator Barack Obama and Senator John McCain and not the candidate’s personal background.

The policies of these candidates eventually matter as they greatly affect the present and future of every citizen in this nation and around the world.

Therefore, it is important to analyze the benefits of such policies from Senator Barack Obama and Senator Joe Biden to drawbacks of Senator John McCain and Governor Sarah Palin.

It is no doubt that this election has been a long grueling process for the candidates involved in the race.

This in itself confirms the drive, commitment and pledge by the candidate Senator Barack Obama to bring about the real Change desperately required now.

The reason Senator Barack Obama’s performance is important because of the tenacious battle he won during the Democratic Primary election.

The Senator's demeanor, poise, passion and vision are commendable. Senator Barack Obama’s policy has substance and real solutions to all the problems confronting our nation.

During the race, it is normal for candidates to make mistakes as characterized by the media as Gaffes and being infallible is not in the human nature.

It is important for all to acknowledge one’s own shortcomings prior to being judgmental and I am no exception to this call.

I am profoundly apologetic to Senator Barack Obama of such irrationality that may have caused grievances in any manner.

Sometimes, when treading on the path to do the best for the betterment of humanity it is easier to lose sight due to various distractions from forces acting against the noble task.

The motive behind such forces is to create an environment of massive doubts and confusions for their narcissistic goals by disregarding the harm to decent and virtuous individuals as the targets.

However, it is worth remembering for all those individuals responsible for such deception that the moment is near to unveil the masquerade.

Whether one is a believer in Karma or not, the world has witnessed the virtue ethics such as --

The end justifies the means,

What you sow is what you reap,

Last but not the least,

What goes around comes around.

By seeking perfection every step of the way the precious moments to do what is, right for the nation should not be lost.

The Obama/Biden leadership has experience, knowledge, understanding and most importantly the simplicity of middle class background that is essential to relate to the people with real problems and crises.

Our country needs a dynamic leadership to steer us from the current turmoil and great many challenges ahead.

That leadership with honesty, integrity and nobility lies in the candidacy of Senator Barack Obama.

This is no time for contemplation or procrastination.

It is the time for action.

Please go to the polls for voter registration if it is still possible and cast your ballots to the candidacy represented by Senator Barack Obama and Senator Joe Biden that is the only choice for peace, progress and prosperity for all.

Your vote for Obama/Biden candidacy will count and free this nation from all of the present disasters.

Signing off with some interesting musical notes, regarded one of the best antidotes for ailments in human psyche.

Please check it out.

Eurythmics - Sweet Dreams (Are Made Of This)

http://www.youtube.com/watch?v=QQHrspjw4aA

Barack Obama

http://www.youtube.com/watch?v=-XunTXhG1i0&feature=related

Thank you.

Padmini Arhant

P.S. Please visit www.padminiarhant.com for riveting articles on relevant issues in Politics, Business, Economy, Environment and much more.

Unethical Practice

Politics is never fair and has several “ugly” heads that arise precipitously, especially during election time.

There are “entities” with ulterior motive to serve their interest over the country’s future that deserve attention by the electorate.

As stated earlier, communication with political figures is not out of ordinary for private citizens, particularly during elections.

However, there are occasions when citizens get involved in the political campaign; the political candidates expect monetary contributions and other assistance to prevail in the elections.

There have been requests from both “Presidential Campaigns” in this regard.

With a firm commitment to help people and their interests, my position has been clear from the beginning. That is, to support… the policies, the strategies and solutions for all the crises confronting our nation rather than a political “rhetoric” or a “personality.”

I share the recent communication with the “Presidential Campaign” of Senator Barack Obama.

The original transcript from the Vice Presidential Candidate, the Hon. Senator Joe Biden:

To: Padmini Arhant

From: Joe Biden, Obama for America, Chicago, IL 60680.

Dear Ms. Arhant,

Barack Obama and I come from very different places, but we share a common story – an American story.

He was the son of a single mom who sometimes struggled to support her kids. But she raised him to believe in America; to believe that in this country, there is no obstacle that can keep you from your dreams, if you are willing to work hard and fight for them.

I was an Irish-Catholic kid from Scranton with a father who – like too many people today – fell on hard times in a tough economy. Buy my parents raised me to believe that it is not how many times you get knocked down, it’s how quickly you get up.

That’s the American promise that Barack Obama and I believe in. And it’s a promise that’s been knocked around under eight years of George Bush and John McCain.

The McCain campaign wants us to think he believes in change – that he’s a maverick who’s independent of George W. Bush. I know better.

I’ve served with John McCain in the Senate for 22 years. I know him as a courageous patriot and an honorable man. But what he is not — not by any stretch – a maverick.

You’re not a maverick when you vote with George W. Bush 90 percent of the time, as John McCAin has.

You’re not a maverick when you boast – and these are John’s words, not mine – that “no one has supported President Bush on Iraq more than I have.”

You’re not a maverick when you endorse the tax cuts for the wealthy that have been George W. Bush’s only excuse for an economic policy.

And I don’t know what you are – or where you’re living, unless it’s is in one of seven houses you need your staff to count – when you say, as John McCain has, that “there’s been great progress economically” under the Bush Administration.

Still, there was one sense in which I thought John was different from George W. Bush – and I have to tell you I’ve been disappointed to learn how wrong I was.

Whatever our other disagreements, I always thought John and I agreed that the slash-and-burn, divide-and-attack, Swift Boat brand of politics that the Bush machine popularized were debasing our democracy and tearing our country apart.

But today, as he seeks the presidency, John McCain has changed. He has become a practitioner of the very politics he once deplored.

He hired a protégé of Karl Rove to help run his campaign. After condemning the Swift Boat attacks of 2004, John took tens of thousands of dollars from their architects – and, with no sense of irony, even put one of them on his “Truth Squad” for 2008.

Meanwhile, John McCain has blanketed the airwaves with misleading attacks on Barack Obama. They’ve attacked Barack’s character and distorted his ideas.

When it comes down to, I regret to say, is that “John McCain campaigning on the high road” has become as much of a myth as “John McCain the maverick” always was.

And America can’t afford another campaign like this – a third George Bush campaign focused on small attacks rather than big ideas – any more than we can afford the four more years of George W. Bush’s policies that John McCain wants to give us.

Barack and I are committed to running a different kind of campaign — one that addresses our greatest challenges and appeals to our highest ideals.

But to do that, we need your continued help and support.

We are going to have to respond to every attack – every one, every time – while simultaneously keeping our campaign focused on positive ideas. And the cost of running that kind of campaign will be enormous.

Padmini, I know you share both our vision for fundamental change in America and our disgust with the Swift Boat style of politics that John McCAin once decried but now practices. And I hope you’ll continue to help us fight back by rushing a generous contribution of $250 or even $500 to Obama for America.

And please don’t wait a single day. The American promise that gave Barack and me so much has been knocked around for eight tough years. Let’s get up – and restore it – together.

Sincerely,

Joe Biden

P.S. Padmini, the McCain campaign’s attacks on Barack Obama may be the product of desperation, and they’re certainly a poor substitute for vision and ideas – but that doesn’t mean they won’t work. If Barack and I lack the resources to respond, John McCain will be able to distort our ideas and distract America from eight years of Republican failures. We can’t let that happen – and if you’ll stand with us by supporting Obama for America, we won’t.

———————————

I responded to Senator Joe Biden’s letter:

October 9th, 2008.

Private and Confidential

Intended for Addressee Only

Hon. Senator Joe Biden
Vice Presidential Candidate
Democratic Party

Dear Senator Biden,

Thank you for your email, letters and kind remarks.

I have communicated with the Presidential candidate, Senator Barack Obama recently regarding my involvement in the campaign.

The letter received by Senator Barack Obama, lays out the premise of my engagement in the crucial Presidential contest.

I am awaiting response from Senator Obama in that respect.

To reiterate the viewpoint, I have forwarded the letter again and the scenario to Senator Obama for clear understanding.

I am hopeful that Senator Obama’s decision will be in favor of the better outcome for all.

Your cooperation and effort might expedite the communication as well.

As soon as I have a positive response from Senator Obama, I will consider it my patriotic duty and honor to support Obama Biden candidacy and assist the Democratic Party prevail in the highly contested general election on November 4th, 2008.

Thank you.

Sincerely,

Padmini Arhant

The Recent Incidents Indicate That Neither Of The Candidates Is In Receipt Of My Letters Sent By Priority And Certified Mail With Delivery Confirmation.

SUGGESTING – Déjà vu!

REF: Ethical View - www.padminiarhant.com

With great humility, I would like to let America and the rest of the world know about the flurry of communication from all corners on different subjects. It is an honor and at the same time a huge responsibility to express one’s opinion and ideas in public with the national and humanity interests at stake.

I have always tried my best in all circumstances to remain honest, sincere and genuine in the presentation of my thoughts. Further, considering the nature of the situation like the general election, I have prioritized my response to the “Presidential Candidates” requests over other issues.

Unfortunately, within Senator Barack Obama’s campaign, an individual with authority is being highly successful with the interception and even confiscation of my communication with both the Presidential and the Vice Presidential candidates.

It is very disturbing and a matter of concern since, such “unethical practice” in tampering with “private mail” is, in essence a “federal crime” and does not appear to bother this individual because the entity considers “oneself” above the law.

With the Presidential campaigns pledging to eradicate corruption and cronyism in Washington, it raises a serious credibility issue when “individuals” within the campaign pose threats to such commitments of tall order.

Secrecy, dominance and authoritarianism is the cause for the “status quo”… the nation brought to a freezing point and any resemblance of this kind in the future administration will not serve in the best interests of the people of the United States or the global community.

Democracy is active only, when there is absolute transparency and access to information at all levels.

The lack thereof, signifies imminent danger with “sense of entitlement” and abuse of “power” in the horizon.

Finally, it is worth remembering that “Man Proposes and God Disposes.”

Thank you.

Padmini Arhant

Stock Market Crisis

Courtesy: http://www.godlikeproductions.com - Thank you.

Whats Driving the Stock Market Chaos??

Denninger Speaks... – Thank you.

Quote

What The Media *Didn't* Cover

So yesterday the "news" was all about the long end of the Treasury curve rocketing higher (yield), which many people believe is about "risk acceptance" and The Fed (along with other central banks) cutting rates by 50 basis points.

Uh huh.

Let's talk about what's really going on.

First, our rates. The EFF (Effective Fed Funds) rate has been trading at 1.5% now for a couple of weeks. Two percent schmoo percent; a target rate only in name is no target at all. In reality the 50 bips cut, even though it resulted in an instantaneous 40 handle rocket shot in the /ES futures Wednesday morning, was entirely a CONfidence game (with the emphasis on "Con"!)

The RTS (Russian Market) is down 87% YTD, and is closed until further notice. The Nikkei is trading below the DOW - that's not good. Indonesia's stock market was shuttered Wednesday and remains closed after tripping "lock limits" within 90 minutes of the opening bell. As of Thursday morning the RTS was closed again after Putin allegedly strong-armed a whole bunch of Russian wealthy to "stick it in" (to the stock market); this sort of v-fib in a market does horrifyingly bad things to ordinary investors who find themselves out just before the market rockets higher without underlying economic cause.

Iceland has essentially melted down. Their currency went straight into the toilet and two of the three largest banks were nationalized - all in the space of 24 hours. The culprit? Bad loans. Where have we seen this movie before?

Mexico's peso has fallen some 40% in days against the dollar. Great if you're traveling there as an American. Sucks severely if you're a Mexican. That alleged fence on our southern border is going to need reinforcements.

Wednesday morning Britain and the EU zone all announced major bank rescue operations. Same deal - "throw money at it, paper it over."

Nowhere a mention of forcing balance sheet transparency and truth.

Except in one place - here in the US! Plans to standardize CDS contracts and force them onto an exchange are actually under way. This is a major positive move and fulfills one of the three prongs of my view of how to solve this problem, once implemented. We'll see how much pushback we get, and whether OTC derivatives are actually banned (as they should be), or whether the big trading houses and banks insist on being able to play "pick pocket" along side the "regulated" world.

The NY Fed announced plans to extend a further $39.6 billion credit line to AIG. The tab is now almost $120 billion dollars. Where did the other $80 billion go? Has it been vaporized trying to raise capital to pay down CDS contracts that have gone the wrong way on them?

Speaking of which, Thursday is D-Day - D standing for either "derivative" or, if things go sideways on people, "detonation."

See, this is the day that Lehman's CDS contracts are supposed to be resolved. Since Lehman's bonds are trading at ~20-30% recovery (horrible, on balance) the writers may have to fork up 60 to 70 cents on the dollar.

The $64,000 question is how many of those contracts net out. The real liability is what's left once everything is "balanced" (a long and short held by the same guy net to zero, assuming that both contracts are "money good", leaving the holder with no liability - and no asset)

This has the potential to be a big "nothingburger", a minor tremor, or a 250' high tsunami that washes over Lower Manhattan (and the City) tomorrow. There's no good way to know in advance which outcome will manifest, since nobody (at present) knows what the true netted-out open interest is. This is one of the problems with not having a public exchange; lack of knowledge.

The bright light of reality will shine tomorrow......

The architects of this, by the way, are the folks who took the cuffs off the banks, going back to the Gramm-Leach-Bailey law and the repeal, piece-by-piece prior but finished by GLBA, of Glass-Steagall. GLBA, by the way, was passed in 1999 - just as the Internet bubble was in full force. Coincidence? No. The root cause of this mess? Right there. Thank Congress, and make sure you include those members who have been around for the entire thing, including John McCain.

On the equity market side shorting is once again available, the order having expired. The lack of shorts was a definite factor in the stiff selloff that we've seen, and Chris Cox owes investors in America an apology - on the air. This was an objectively stupid decision, as shorts provide necessary liquidity during serious downturns. Without them you get "no bid" circumstances, and they sporadically appeared during the last few days in financials, which certainly exacerbated the selloff.

In the bond markets Treasury refunded some "off the run" bonds and got an ugly surprise - the market didn't want them. They had to pay a 40 bips "tail" to get them to go, which may be the start of a really troublesome trend. See, Treasury is now throwing over $100 billion a week into the market, and this only works on days when the market is crashing. THEN you can get people to suck up all you puke out, but the rest of the time you're going to have to pay up, and Treasury has had to do so - dearly.

This may be the start of the "bond market dislocation" that I have long feared. I hope and pray not, but if this trend continues Treasury is going to find that it cannot sell its debt into the market without slamming rates higher, especially on the long end of the curve, which means an instantaneous implosion of what's left in the housing market.

The ugly is that 3-month LIBOR widened today, as did the TED Spread. Both should have come in. They did not. LIBOR is essentially unsecured lending and the bad news is that a lot of corporate (and some personal) borrowing is indexed off it. If you are, you're screwed.

Why has LIBOR refused to come in despite these "coordinated" effort? Its simple: the underlying trust issue has not been addressed, and nobody is seriously proposing to do so.

Paulson and Bernanke now are truly caught in the box, as I have been talking about for more than a year. As they introduce and fund these silly programs like the "TARP" each new program produces more foreclosures by depressing home values and thus tightens the spiral.

See, as long rates go up house prices go down, since the value of a home for most people is Dependant on what they can finance, and that is directly related to interest rates. Get out your HP12C and run the principal value change for a fixed payment if interest rates change from 6% to 8% or 10% - that's the impact on the value of your house from these changes that are occurring in the Treasury marketplace.

This outcome is what I warned of in "Our Mortgage Mess" back in April of this year; a potential ramping of borrowing costs for government debt, which will not only make sustaining government spending (and perhaps government operation) impossible, but in addition destroy private credit by driving costs in the private sector skyward as well.

Simply put, the "TARP" or "EESA" must be repealed here and now.

It is unacceptable to risk Treasury Funding destruction in order to bail out some bankers. And make no mistake - there is and will be no benefit to taxpayers.

We are also now entering into earnings season, and Alcoa was a warning blast. They missed badly. That won't be the last.

This is the "value trap" problem that many investors fall into. You see the market down 30% and think its a great buying opportunity.

It is a great buying opportunity only if earnings going forward can be sustained. But in this case, they cannot. It is flatly impossible; with Treasury borrowing money like a madman, tacking on more than 20% to the national debt in the space of months, carrying costs will inevitably rise as will taxes. Both of these have a multiplier effect (in the wrong direction) on corporate profits, and in addition the "faux profits" from financial engineering have all disappeared at the same time.

The S&P 500's profit, in terms of gross dollars, are almost certainly going to come in by 50% from the highs, and that assumes we get a garden-variety recession and not something worse. This of course puts "Fair Value" on the SPX down around 750, or another 25% down from here.

The ugly stick potential is what I discussed yesterday, and that risk is very real. Treasury borrowing cost ramps can produce a 1930s-style dislocation in credit, and if it happens then you will see mass bankruptcies not only in corporate America but among individuals as well as borrowing costs ramp to the point of shutting down the marketplace for credit.

Treasury and Bernanke claimed that "credit markets seized"; this is only half-true. Credit markets always close to those who are lying, because there is no reason to loan someone money if you're not reasonably sure you will get paid back.

But there is a second form of seizure and this is the frying pan into which we've now jumped - that is a credit market that prices beyond what the market can bear at its imputed rate of return. In that market credit is available but it does not matter, as you can't make enough profit to generate a positive carry on the borrowed money, and consumers in that environment fall into a vortex of interest payments that spiral faster than they can borrow to stay ahead of them.

That rabbit hole is how we got the 1930s, and it is the danger we now face. Congress was in fact conned by Treasury, George W. Bush and the banking industry (including Ben Bernanke), who instead of forcing the malefactors into the open and exposing those who were bankrupt (or just plain corrupt - notice the common stem on both words?) threw them a line - unfortunately, the line is cleated to the entire economy of the United States, and they have enough negative buoyancy to drag us all under the waves.

------------------------------------------------------

Analysis: This is one of many opinions floating around all over the cyberspace regarding the latest downward spiral in the stock market. The consensus is clear; a few operatives with a major stake in the gamut of the financial world are driving the mania for their profiteering with utter disregard for the rest of the population around the world.

It is time for the people of the United States and around the world to rise to the occasion and intervene as the snowballing of losses in market shares is not a natural event. Clearly, this kind of manufactured, well-orchestrated and premeditated mechanism is the result of greed, corruption and cronyism that is rampant and has now come to surface.

Not surprisingly, there is no investigation or reports by the media as the Corporations, the de facto beneficiaries own them. The world must awaken now and deal with the reality to bring all of these entities to justice. It is time to make every one of them accountable for their actions and inaction as well as make them absorb all of the losses generated by their devious modus operandi.

The current situation is not an isolated occurrence. The cause and effect factor is evident in the existing stock market turmoil. As suggested earlier, the unethical practices resulting from the lack of accountability and oversight is contributing to the pandemonium in the market worldwide with the infusion of the "survival of the fittest" theory.

The world is shocked and in despair, seeing no end to the plundering of wealth that rightfully belongs to the righteous and not the self-righteous. However, it is presumptuous of those involved in this mass abduction of world treasury that they will not be exposed and brought to spotlight.

Perhaps, Armageddon is the only alternative now to restore morality and world order. The degradation of principles, ethics and democratic values by the ruling power will not escape the judicial verdict.

Therefore, it is in the best interest of all those involved in the conspiracy to come forward and demonstrate figment of integrity by stabilizing the stock market decline or be prepared to deal with the wrath of natural phenomenon.

Further, to those entities responsible for the current economic disaster, “the end justifies the means”.

Any attempt to ignore the warning will be an invitation to their peril.

If the authorities in power fail to exercise diligence, proper management, and immediate interventional policies to stabilize the market, they will share similar destiny as the recently convicted O.J. Simpson.

The judicial mantle seized by the power is in denial and defiance of the existence of force that will deliver justice.

The mortals brought nothing upon their birth hence; take nothing upon death.

Thank you.

Padmini Arhant

P.S. News articles and objective analysis - www.padminiarhant.com

Ethical View

This is one of my favorite topics.

The major challenge in the contemporary society is the diminishing “ethical standards” or the lack thereof. Unfortunately, ethics is not the priority in any environment. The subprime mortgage failure and credit crunch contributing to the recent global financial crisis is fundamentally due to lack of “ethics” at every level of transaction.

The “Corporate world” motto is “profiteering” at the expense of “ordinary citizens” struggling to meet ends, in the “Capitalist” economy. That being the norm the importance of ethics is hardly an issue for the “Corporations” focused on “stock value” and “shareholder’s interest” rather than the “employees or the work force” who are also the retail customers of their products and services.

The latest “rescue” plan of the financial institutions by the government is a result of the lack of any oversight in lending practices carried out for more than a decade. Again, when the Corporations run the government through constant flow of funds at every level of election campaign i.e. from congressional through “Presidential” what hope does the average citizen have in restoring fair employment, trade and environmental practices in the highly competitive global economy.

Even the judicial system, is infiltrated by the “Special Interests” and “Lobbyists” directly or indirectly as they essentially pick the “President” during the general election. Ironically, both parties have some legislators with strange “bedfellows” and therefore compromising “ethics” which otherwise could serve well for their respective constituents.

It is a known fact that ethics is “oxymoron” to “Politics”, business and the entire franchise. This is particularly evident during “War and Election”. I can personally relate to the political aspect of it as a “volunteer blogger” for the Presidential Candidate, Senator Barack Obama especially during the “Democratic Primary election”. It all started with me pledging my support for his campaign with a token $25 accompanied by a simple message. Then the instructions/requests followed similarly:

——————————————————————

These are some original transcripts from the Senator Barack Obama’s Campaign:

“Who’s out there”

Michelle Obama

Add Friday, January 18, 2008 9:06:02 AM

To:Padmini Arhant

Padmini,

In 24 hours, folks here in Nevada will head into their caucuses for their turn in this process.
But right now, all across the country, thousands of Americans are taking their seat at the table and shaping the outcome of this election.

Donors like you are making a promise to match the gift of someone who has not given this year — or ever before. By doubling the impact of another supporter’s gift, you can help us reach our goal of 125,000 donors for the year by tomorrow.

Make your matching donation now, and encourage someone to own a piece of this campaign:
https://donate.barackobama.com/promise

When you make a matching donation, you’ll get to meet the person whose impact you doubled. You’ll be matched with a real person, and you’ll be able to exchange notes as part of the process.

The stories of real people I’ve met across the country keep me inspired and energized throughout this process. I had a great day yesterday, traveling across the state with Senator John Kerry and talking to folks in community centers and church basements about the issues that are important to them.

It’s those personal stories that motivate Barack and all of us to work as hard as we can to bring about change. We got into this race to bring people back into the process, to help reconnect politics with people’s real lives, and it’s inspiring to feel that happening.

Here are some of the stories people shared when they had their donations doubled by supporters like you:

“Wow, thank you for matching my donation. It was a big impetus to my getting out my debit card — knowing I was giving “double” thanks to you. … I am a 22 year teaching veteran in New Mexico who is looking to get involved locally.”
– Kimberly in New Mexico

“In 1961, I was selected to the first group of Peace Corps Volunteers, and I served four years in Latin America. I was inspired by President Kennedy in 1960 to serve my country, and I believe Senator Obama represents the vision and ability to inspire our country which most parallels what President Kennedy did for me and many others of my generation.”
– Gerald in California

“Hello Holly, Thank you for matching my contribution. This is the first time that I have ever contributed to a political campaign, and November will mark the first time I have voted for a president. Based on the way the country has been run for the last eight years, I now see the extreme importance of participating in the political process.”
– Kehinde in New York

They’re writing to people like you.

Right now you could inspire someone to give for the first time in 2008 and help us reach 125,000 donors for the year by tomorrow. Make your matching donation now:

https://donate.barackobama.com/promise

Our future is in our own hands, so we need to do some dreaming.

Together we can send a message to our children about who they are, who they can become, and who we want to be as a nation. And that message will be heard around the world.

The stakes couldn’t be higher — for our party, for our country, and for the hopes and dreams of all our families.

We are ready for a better, stronger day. Please act now.

Michelle

—————————————————————–
I was initially quite puzzled by this message as I didn’t know what to make out of the manner I was approached to get involved in the campaign. In my view, there are etiquettes with respect to delegating tasks to people especially if they are being asked to “volunteer” for anything.

I responded with the following message.

Re: Who’s out there

Padmini Arhant

Add Friday, January 18, 2008 3:05:34 PM

To:info@barackobama.com

Hi Michelle,

It is nice to hear from you!

I remember our goal and will do everything I can.

I am sure there are millions of people waiting to be part of this historic movement.

Best Regards

Padmini

I had no response to the above message even though I had several email exchanges with the campaign at the top level.

——————————————————————-

“Spun out”

“David Plouffe, BarackObama.com”

AddWednesday, March 12, 2008 1:53:36 PM

To:Padmini Arhant

Dear Padmini,

When we won Iowa, the Clinton campaign said it’s not the number of states you win, it’s “a contest for delegates.”

When we won a significant lead in delegates, they said it’s really about which states you win.

When we won South Carolina, they discounted the votes of African-Americans.

When we won predominantly white, rural states like Idaho, Utah, and Nebraska, they said those didn’t count because they won’t be competitive in the general election.

When we won in Washington State, Wisconsin, and Missouri — general election battlegrounds where polls show Barack is a stronger candidate against John McCain — the Clinton campaign attacked those voters as “latte-sipping” elitists.

And now that we’ve won more than twice as many states, the Clinton spin is that only certain states really count.

But the facts are clear.

For all their attempts to discount, distract, and distort, we have won more delegates, more states, and more votes.

Meanwhile, more than half of the votes that Senator Clinton has won so far have come from just five states. And in four of these five states, polls show that Barack would be a stronger general election candidate against McCain than Clinton.

We’re ready to take on John McCain. But we also need to build operations in places like Pennsylvania, Indiana, North Carolina, and Oregon that will hold their primaries in April and May.
Barack Obama needs your support to fight this two-front battle. Please make a donation of $25 right now:

https://donate.barackobama.com/math

With our overwhelming victory in the Mississippi primary yesterday, our lead in earned delegates is now wider than it was on March 3rd, before the contests in Ohio and Texas.

And thanks to your help, we have dramatically increased our support among so-called “superdelegates” — Governors, Members of Congress, and party officials who have a vote at the Democratic National Convention in August.

As the number of remaining delegates dwindles, Hillary Clinton’s path to the nomination seems less and less plausible.

Now that Mississippi is behind us, we move on to the next ten contests. The Clinton campaign would like to focus your attention only on Pennsylvania — a state in which they have already declared that they are “unbeatable.”

But Pennsylvania is only one of those 10 remaining contests, each important in terms of allocating delegates and ultimately deciding who our nominee will be.

We have activated our volunteer networks in each of these upcoming battlegrounds. We’re putting staff on the ground and building our organization everywhere.

The key to victory is not who wins the states that the Clinton campaign thinks are important. The key to victory is realizing that every vote and every voter matters.

Throughout this entire process, the Clinton campaign has cherry-picked states, diminished caucuses, and moved the goal posts to create a shifting, twisted rationale for why they should win the nomination despite winning fewer primaries, fewer states, fewer delegates, and fewer votes.

We must stand up to the same-old Washington politics. Barack has won twice as many states, large and small, in every region of the country — many by landslide margins. And this movement is expanding the base of the Democratic Party by attracting new voters in record numbers and bringing those who had lost hope back into the political process.

Push back against the spin and help build the operation to win more delegates in these upcoming contests:

https://donate.barackobama.com/math

Thank you for your support and for everything you’ve done to build a movement that is engaging voters and winning contests in every part of this country.

David

David Plouffe
Campaign Manager
Obama for America

————————————————————–

The following email struck me the most as it clearly indicated the campaign intensity.

Dinner with Barack?

“David Plouffe, BarackObama.com”

Add Tuesday, March 25, 2008 6:04:25 AM

To: Padmini Arhant

Padmini –

You’ve heard about all of these political fundraising dinners, hosted by Washington lobbyists and filled with representatives of special interests.

Contributions like these are at the root of what’s wrong with politics. And John McCain and Hillary Clinton have built campaigns fueled by them.

But our campaign is different.

In February alone, more than 94% of our donors gave in amounts of $200 or less. Meanwhile, campaign finance reports show that donations of $200 or less make up just 13% of Senator McCain’s total campaign funds, and only 26% of Senator Clinton’s.

Our funding comes from a movement of more than one million people giving whatever they can afford.
And in the next week, four supporters will be selected for a new kind of fundraising dinner.

Make a donation in any amount between now and 11:59 pm EDT on Monday, March 31st, and you could join Barack and three other supporters for an intimate dinner for five.

We’re reserving two of those seats for previous donors like you. Make your donation now:

https://donate.barackobama.com/dinner

This movement is changing the way campaigns are funded.

More than one million individual donors have demonstrated that this election is about more than a candidate — it’s about each of us having a personal stake in the future of American politics.
Meanwhile, Senator McCain has raised more than 70% of his total campaign funds from high-dollar donors giving $1,000 or more. Senator Clinton has raised 60% of her funds from $1,000-and-up donors. And both Senator McCain and Senator Clinton have accepted millions of dollars from Washington lobbyists and special interest PACs.

Refusing to accept donations from lobbyists and special interests has allowed this campaign to answer only to ordinary Americans like you. And this dinner will be an opportunity for you to sit down with Barack and your fellow supporters and talk about the issues that matter in your life and in your community.

Get the kind of treatment that John McCain and Hillary Clinton reserve for special interests — make a donation in the next week, and you could share your story and your ideas with Barack in person:
https://donate.barackobama.com/dinner

With every single donation, we’re building a movement to change American politics. Help the movement grow, and own a piece of this campaign today.

Thanks for your support,

David

David Plouffe
Campaign Manager
Obama for America

——————————————————————-

I obliged to the request and made the “legal” maximum donation to the campaign i.e. $2300.
I requested the venue details for the above event and surprisingly received the following error messages each time.

“This is an automatically generated Delivery Status Notification.

Delivery to the following recipients failed”.

Since, I was not successful in reaching the campaign for a response to my request on the venue details. I posted a blog on the campaign website.

Communication Error
By “Voice behind the movement” - Mar 29th, 2008 at 11:30 am EDT

Comments | Mail to a Friend | Report Objectionable Content
Attention: David Plouffe, Obama Campaign Manager

There appears to be a serious communication error as the incoming mail to you is diverted to non-designated recipient. Please verify details and ensure proper functioning of the incoming server at your end to avoid communication disruption and any misunderstandings.

Your immediate attention is required in this matter.

Thank you.

Padmini Arhant

Barack Obama Supporter

I had no luck with response on the dinner invitation but I received this message from the Campaign manager.

——————————————————————–

“Your voice can make the difference”

“David Plouffe, BarackObama.com”

Add Saturday, April 5, 2008 8:39:20 AM

To:Padmini Arhant

Dear Padmini,

Right now, you can help build a base of support for Barack in Indiana and bring more voices into the political process.

To participate in Indiana’s primary, voters must be registered by this Monday, April 7th.
Tens of thousands of Obama supporters may not be registered yet, and we need to act quickly to reach out to as many of them as possible.

Each call you make could be another vote for Barack in an area where we need your help the most.
Use our online phonebanking tool, and start calling Indiana supporters now:

http://my.barackobama.com/call

Registering voters is more than just an important part of our campaign strategy — it’s what our movement is all about.

From the beginning, Barack has set out to bring more people and more voices into the political process. And if we can reach more people in Indiana, we can make a lasting impact and win victories for the Democratic Party up and down the ballot in November.

All across the country, volunteers will be making calls into Indiana to tell potential supporters about the deadline and encourage them to register.

No previous experience is necessary. All you need is a hunger for change and a willingness to turn your enthusiasm into action.

Our team has put together a list of the most important calls you can make into Indiana right now:
http://my.barackobama.com/call

Here’s how it works:
1. Log into My.BarackObama.com and get a list of 20 names that only you will receive. (If you don’t have a My.BarackObama account, creating one is fast and easy.)
2. Click on a name, and you’ll be led through a simple script, question by question.
3. Start making calls.

Personal contact is the best way to grow this movement, and you can make these connections right from your own home.

It’s easy — start by making five calls, and I know you’ll want to make five more:
http://my.barackobama.com/call

Thank you for making this happen,

David
David Plouffe
Campaign Manager
Obama for America
———————————————————
I obliged again and posted a highly inspirational message like the earlier ones for voter registration.
Finally, soon after I posted the “Indiana” voter registration message, I had a response from the Campaign manager, David Plouffe to my request on the venue details having paid $2300 for the dinner inivitation.

—– Original Message —-
From: David Plouffe
To: Padmini Arhant
Sent: Monday, April 7, 2008 4:06:35 PM
Subject: Meet Barack’s dinner guests

Padmini –

Thank you so much for your donation to Dinner with Barack.

The response to Barack’s invitation was so strong that we decided to increase the total number of guests to five.

Meet the lucky supporters who will be having dinner with Barack this week, and visit our blog to share a question you think they should ask:

http://my.barackobama.com/dinnerguests

Here are Barack’s dinner guests:

Ben Cherry is a retired school superintendent and commercial fisherman now living in Albuquerque, New Mexico. Ben served as a Peace Corps volunteer in Latin America and supported schools that served the native populations of Northern Alaska. He’d like to talk to Barack about how understanding other nations and cultures can inform our foreign policy.

Alisha Cordell is an information technology project coordinator in Raleigh, North Carolina. Alisha is a single mother and grandmother struggling to make ends meet and hoping her family can afford health insurance and college. She’d like to talk to Barack about investments in education and healthcare that will make things easier for her children and grandchildren.

Paul Deery is an elementary school art teacher in Easton, Pennsylvania. Paul’s never been involved in a political campaign before, but was inspired by Barack’s call for change. He and his wife have two children around the same age as Barack’s daughters, and Paul believes that Barack has a sincere commitment to facing the challenges of energy and education that will shape their future.

Raissa Dorff is a singer, actor, and waitress in New York City. Raissa is the youngest of twelve children raised just outside Philadelphia. She first became involved in politics as a volunteer for Senator John Kerry during the 2004 presidential race, and recently she’s been traveling back to her home town to volunteer and help build support for Barack. With seventeen nieces and nephews, Raissa is concerned about education and ending the war in Iraq.

Bonnie Locchetta is an office manager in Rushville, Indiana. Bonnie’s from a largely Republican small town and has not always supported Democrats. But she is inspired by Barack and has been actively organizing in her community with the help of her children. One of Bonnie’s biggest concerns is finding a way to make sure her kids can afford college.

Each of these folks has a different story, and each will come to the table with their own ideas to share with Barack and with one another.

Along with more than a million supporters like you, Ben, Alisha, Paul, Raissa, and Bonnie are united by their commitment to this movement for change.

Take a minute to learn more about these folks and share a question you’d like them to ask Barack:

http://my.barackobama.com/dinnerguests

Thank you for your support,

David
David Plouffe
Campaign Manager
Obama for America
—————————————————-

I responded to the above email.

Re: Meet Barack’s dinner guests

Padmini Arhant

Add Tuesday, April 8, 2008 2:26:58 PM

To:info@barackobama.com

David,

Thank you for the update.

I am pleased to note that the individuals invited for dinner with Senator Obama this week represent the mainstream society that has been hurt severely from the current economic situation we are experiencing as a nation.

Their story might be unique but the problems are similar to most individuals’ struggling to meet ends in their daily life. They all appear to have genuine concerns and issues to present to Senator Obama and I’m sure he will address each one of them eloquently as he deals with any other issues raised by the media, press corps or during the “Presidential Debates”.

I do not have anything more to add than what they already have to ask Senator Obama. If there are any, I’m sure you will see them in my blog.

I appreciate you providing me the opportunity along with millions of other supporters equally committed and working hard to bring about the positive change that we all can’t wait to happen through Senator Obama’s candidacy.

Your thoughts and regular update is much appreciated.

Thank you once again.

Padmini Arhant

Subsequently, I had continual requests from the Campaign at the higher level of hierarchy.

—————————————————

“Put us over the top in Oregon”

“Buffy Wicks, BarackObama.com”

Add Monday, May 12, 2008 4:18:40 PM

To:Padmini Arhant

Padmini -

I wanted to reach out to you before next week’s contest in Oregon.

Folks like you were the heart and soul of our movement in California. You brought Barack to a strong finish on February 5th — and helped build the momentum that’s resonating all across the country.

The nomination is finally in sight, but there’s still more to do to finish this race — and we can’t take anything for granted.

The Oregon primary is coming up on Tuesday, May 20th. We have an opportunity to put Barack over the top with the majority of pledged delegates — but we need supporters like you from nearby states to take the trip and make a difference one more time.

Oregon’s primary is conducted entirely by mail, and all eligible voters have already received their ballots. It’s essential that we reach as many supporters as possible, as quickly as possible, and encourage them to vote before next week’s deadline.

You’ve been there for Barack before — now let us know you can come to Oregon before the May 20th primary:

http://my.barackobama.com/CometoOR

In contests across the country, home-state supporters have worked their hearts out for Barack — but they’ve relied on folks like you from nearby states to help them cross the finish line.

You can make an especially big difference in Oregon, because voters already have their ballots in hand. Every single person you’ll talk to can make their decision, vote for Barack, and mail in their ballots right away.

You’ve already shown your commitment to grassroots organizing, and you know that change only happens when everyday Americans come together to work for it.

This is our chance to close out the nomination for Barack — can we count on you to take the trip to Oregon in time for Primary Day?

http://my.barackobama.com/CometoOR

Thank you again for all that you’ve done.

Buffy
Buffy Wicks
California Field Director
Obama for America

P.S. — You can also make a difference for Barack right from your home.
Our team has put together a list of the potential supporters in Oregon we most need to reach. You can use our simple online tool to call and encourage them to support Barack and mail in their ballots before the May 20th primary deadline.

Get started right now:

http://my.barackobama.com/CallOR

—————————————————

I have had several email communication with the Campaign members, Senators and great many with the “Presidential candidate”, Senator Barack Obama. The above message struck a chord as it reflected the true emotions and sincere gratitude from Campaign staff workers like “Buffy Wicks” and many others toiling to have a candidate get through the most difficult part of the “Presidential Contest” i.e. “The Primary”election.

I was amazed to see the difference in the “attitudes” at various levels. Obviously, the “volunteers” and other campaign workers at the “bottom” tier with no assurance of any future in the “Obama Administration” worked tirelessly and displayed “Patriotism” in doing so.

The “foot soldiers” and “volunteers” are the real “heroes” as they selflessly and loyally work for the candidate with a conviction and determination to see the campaign prevail in the race.

These hard working concerned citizens are praiseworthy and deserve every attention by the media and news organization.

That is not the case. Often, heavyweight endorsements are given prominence even though they have been proven otherwise particularly in the current “Presidential race”.

The other matter related to “unethical standard” is the publishing of “unauthorized” residential details with an enlargement on the “Google map” by the “supposedly liberal” Ariana Huffington of “Huffington Post”.

Such irresponsible journalism with utter disregard for individual privacy and family security of the “subjects” is the kind that deserves condemnation. Ironically, the “On-line” publication is upheld for violation of other’s rights by all those considering themselves “democratic”.

Is it because it is not about them?

Should it matter only if it affects a certain individual or group of individuals in the society and not others?

Why isn’t Ariana Huffington’s home address not published on her own web site and highlighted on the Google map as a political campaign donor?

The hypocrisy and defiance by “Huffington Post” in publishing campaign donor’s residential details despite strong objection by any particular donor, proves the lack of credibility, ethics and respect for individual privacy in a democratic society.

The lesson to take home is.....

In memory of the "Great Heath Ledger", who portrayed my favorite character "The Joker" in the blockbuster movie "The Dark Knight" as well as the creators of the mega production, "Christopher and Jonathan Nolan" for opening my eyes as a writer - Thank you.

"If you are good at something, never offer if for free", especially in "Politics" with an exception to saving lives, wherever you are.

Please stand by for more interesting scoops on this topic from other factions.

Thank you.

Padmini Arhant

P.S. Please visit www.padminiarhant.com for exciting news articles and reviews on politics, economy, and much more.

Written by PadminiArhant · Filed Under Ethics, Featured, Politics, United States | Leave a Comment (Edit)