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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Thursday, February 3, 2011

Egyptian President Hosni Mubarak Resignation

By Padmini Arhant

President Hosni Mubarak expressing desire to quit needs to be exemplified in action with immediate resignation from office.

The President’s resignation in honor of the republic will for a fundamental political transformation would resolve the national conflict and prevent further exacerbation of political unrest having claimed many lives.

President Hosni Mubarak concern for the violence in Tahrir Square, Cairo is appreciative.

However the situation is predominantly attributed to state-sponsored infiltration in the peaceful and non-violent demonstration thus far resulting in casualties that are unacceptable.

The government bears responsibility to citizens’ safety and national security. It is imperative for the deployed military personnel to restore law and order.

Those in violation of the law are to be isolated from the peaceful protesters and security measures enforced to terminate clashes between the pro and anti-government rallies.


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Padmini Arhant

Thursday, January 20, 2011

U.S. China Relations and Global Impact

By Padmini Arhant

Hon. President Hu Jintao of China is currently on a state visit to the United States.

The head of the state arrival in the U.S. is pivotal to promote bilateral relationship on economic, political and strategic matter having a direct global impact.

Many issues have been brought to attention that requires mutual understanding and cooperation. The economic reality with United States as the largest consumer and China being the major manufacturer as well as creditor are inter-dependent to succeed in their respective ambitions.

China is the fastest growing economy with tremendous potential to be an effective global partner in resolving international crises.

Although the dialogue between the two nations in strengthening ties has been consistent in the past two years, the intentions are yet to be delivered in action on the domestic and international fronts.

The preliminary step towards fostering simultaneous growth is to review the activities and modify strategies beneficial to both economies with equal responsibility to contain the burgeoning economic crisis.

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Padmini Arhant


Sunday, September 19, 2010

Cuba – New Economic Model

By Padmini Arhant

The island nation is in the process of shifting towards an economic model to rescue the state from the employment burden across the public sector.

State’s overwhelming expansion in all areas of the economy is forcing the government to change course in an effort to salvage the sagging public enterprises into private industry.

The combined woes of political sanctions, global economic crisis and natural disasters have produced massive revenue losses for the socialist system struggling to maintain the infrastructure.

As a result, Cuba has reportedly decided to lay off 500,000 state employees by March 2011 and promoting the private entrepreneurial opportunities by issuing business licenses to its population in a limited measure.

Such economic strategy is a wise move for Cuba and could potentially ease the pressure off the government funded organizations that are becoming unaffordable.

The underground economy that managed the private businesses in the state controlled environment is apparently being considered for legal recognition.

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Padmini Arhant

Friday, September 10, 2010

Presidential Q&A Session

By Padmini Arhant

President Barack Obama this morning addressed the press corps on a variety of issues ranging from the economy to international affairs.

The President elaborated on the Congressional Democrats and the White House achievements thus far.

President Obama also laid out the economic progressive tax structure with permanent tax cuts for the middle class and those earning up to $250,000 income.

On the previous administration’s tax cuts expiration for the top 2% wealthy individuals earning above $250,000 - the economic strategy would benefit the higher income groups and not hurt them as claimed by the critics.

As the President explained - the first $250,000 earnings would qualify for the permanent tax cuts and only the remaining income would be subject to the applicable tax. Essentially 98% taxpayers might qualify for the permanent tax cut creating a vast middle income that would expedite economic recovery.

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Padmini Arhant

Tuesday, September 7, 2010

Economy - The Job Factor

By Padmini Arhant

The major national concern among the American families are finding and retaining jobs.

There is no doubt that jobs are Democrats’ priority in the Republicans created deficit economy.

Not surprisingly, the response to unveiling the economic plan at this time is “Too little, too late.”

It confirms political expediency to oppose the Obama initiatives rather than extending bipartisan support to help the President save American jobs.

Contrary to the political mindset in the election year, it’s never too late to rescue American workforce and people in distress.

With the high unemployment in certain parts of the country such as Ohio, California, Nevada, Pennsylvania, Indiana…the workers disappointment and voters’ anxiety is about the jobs and the economy.

President Barack Obama eloquently laid out some job aspects in Milwaukee, Wisconsin on Labor Day. The infrastructure proposal for repair, restoration and rebuilding America has great potential for jobs in the construction and service industry.

The President also clarified on the self-funding of the $50 billion job creation plan. Allocating the revenue from tax loopholes is fiscally responsible for it would not affect the contentious national deficit.

Another bill that requires the legislators’ immediate attention is the $30 billion funding to community banks for small business lending in the worst hit areas of the economy. Again identifying wasteful spending to pay for the short and long term job opportunities is economically prudent.

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Padmini Arhant

Monday, September 6, 2010

2010 Elections – The Balance of Power

By Padmini Arhant

With less than eight weeks for the mid-term elections, the speculations are the GOP will claim the House and the House majority leader will be John Boehner. Similarly, the speculators believe the GOP has a slim chance of taking over the U.S. Senate.

In view of the optimistic Republican forecast as potential majority House members it’s essential to review the GOP plans for the nation.

Currently, the GOP mantra is the economy they successfully transformed into near ‘Great Depression,’ during their majority rule in the House and Senate under the Republican administration of the former President George W. Bush and the Vice President Dick Cheney.

The Republicans might fervently argue that the Democrats controlled the House and the Senate since 2006.

Although it’s a valid argument, the Republican members always gain control over legislation regardless of them being the majority or the minority due to their allegiance to the special interests devising the bills in Capitol Hill.

Moreover, the former President George W. Bush vowed to veto the bills passed by the Congressional Democrats on every issue and the veto record exemplifies the oath.

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Padmini Arhant

Tuesday, August 31, 2010

Economy, Jobs and Housing Market Assessment

By Padmini Arhant

The economy, job and housing market are the most important issues for the American electorate.

An overwhelming population is experiencing tough economic situations one way or another and there is legitimate concern over the rising deficit as well.

President Barack Obama and Congressional Democrats achievements, work-in-progress including the remedial measures are elaborated for better understanding and fair assessment.

Upon assuming office President Barack Obama and the Congressional Democrats passed the economic stimulus bill worth $787 billion to salvage the economy from ‘Great Depression,’ at that time.

This step was vital for the U.S. and the global economy on the precipitous decline following,

The previous administration’s deficit spending on two simultaneous wars in Iraq and Afghanistan,

Facilitating financial market recklessness,

Free market deregulations in finance, health and energy industries,

Widening deficits through financial and auto industry bailouts with no accountability

Allowing Corporations to evade taxes on domestic and overseas earnings with adverse effects on national revenue.

Extending tax cuts for the wealthy – are the few recipes that triggered the economic disaster.

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Padmini Arhant

Monday, August 23, 2010

United States – Environment and the Gulf Oil Spill

By Padmini Arhant

The BP Gulf oil spill is a major economic, environmental and now political issue for the White House.

Since the disaster in April 2010, the economic consequences from the ecological damages proved to be unsustainable. Beginning with the distribution of $20 billion compensation from BP to the Gulf coast residents experiencing economic difficulties and the persisting marine life destruction is no longer a territorial concern but a national crisis.

No reason could possibly justify the delay or denial in the monetary disbursements for the Gulf States victims suffering from the cataclysmic industrial negligence.

Making BP accountable for the mishap with the $20 billion package is effective upon the victims actually receiving the payments due to them in the hour of need.

Evidently, the government scientists including the officials’ clarification and BP’s account together do not reflect the reality in damage control nor does it resolve the burgeoning problem.

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Padmini Arhant

Sunday, August 22, 2010

The New Developments in India

By Padmini Arhant

Per the article International Events – India Independence Day published on this website 08/16/10 under International Politics, the food prices inflation impacting the incumbent administration in New Delhi at national polls was cited in the post.

Further, the scenarios causing the food inflation was elaborated with solutions to overcome the situation contributing to the Prime Minister Man Mohan Singh’s decline in the national polls among the frustrated population.

Upon the private media investigation in the matter, the latest findings reveal that the suspicion on the illicit trade practices involving government subsidized staple food reserved for domestic consumption is confirmed to be factual.

For rice is being smuggled out of the state and exported overseas to Singapore, Malaysia and New Zealand…at 1000 percent profit.

As a result, the consistent demand is superficially inflated with short supply depriving the local population of the Central government subsidies.

In this context, the southern state of Tamil Nadu government under the Chief Minister M. Karunanidhi, is implicated in the video documentary of the trade activity from origin to destination.

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Padmini Arhant

Wednesday, August 18, 2010

Emergency Aid to Pakistan Flood Victims

By Padmini Arhant

Pakistan is experiencing the worst humanitarian crisis due to massive flooding, posing tremendous challenges for the government and the victims.

Although, the United States assistance has been substantial in the relief operation, the global community bears responsibility to help the people of Pakistan.

The onus is not on the United States alone, the international aid from all corners of the world is essential to rescue the estimated twenty million displaced population and the families who have lost their loved ones in the natural disaster.

There is an opportunity for all nations across the globe to come forward and extend their support through financial and other humanitarian needs.

Perhaps, The Kingdom of Brunei, Saudi Arabia, EU, the Middle East and developing nations including private donors from different parts of the world could share the financial burden with the United States and humanitarian organizations.

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Padmini Arhant

Friday, August 13, 2010

Democrat Candidate Senator Barbara Boxer – State of California

By Padmini Arhant

The California Senator is due for re-election in November 2010 after having diligently performed the constitutional duties in the best interests of the State of California, the United States and the international community at large.

Since 1992, Senator Barbara Boxer has served the Golden State and the great nation of the United States.

The Senator’s stellar record speaks volume about her dedication, ingenuity and above all conscientious decisions in matter related to the national and international interest.

Please refer to Senator Barbara Boxer’s extensive Public Service Record on;

http://en.wikipedia.org/wiki/Barbara_Boxer

Senator Barbara Boxer is the incumbent -

Chairwoman of the Senate Committee on Environment and Public Works,

In addition to serving as;

The Chairwoman of the Senate Select Committee on Ethics.

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Padmini Arhant


Sunday, August 1, 2010

Tragic Events in Pakistan

By Padmini Arhant

Pakistan has been hit with successive tragedies lately resulting in enormous loss of precious lives.

Earlier, there were significant fatalities from the air crash near Islamabad. While the people were grieving over the aviation mishap, the country is swept with massive flooding and more than 1500 people reportedly lost their lives.

The flooding is expected to worsen with thousands displaced and millions facing life disruptions due to power outages and transportation problems.

Pakistani government appears to have deployed its military for rescue operation. It’s challenging to deal with mass mobilization for any emergency crew. The Pakistani forces are apparently doing their best in saving lives.

In addition, the United States logistic support in this regard expedites the relief effort. The major concerns during natural disasters are the spread of diseases and the populace exodus to the safety zones.

Aid workers involved in minimizing casualties have a daunting task in reaching the victims because of the limited access and air lifting survivors often delays the progress.

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Padmini Arhant

Friday, July 30, 2010

National and International Issues Overview

By Padmini Arhant

1. National economic situation: The stimulus package passed in early 2009 undoubtedly salvaged the economy from the brink of collapse.

However, need to work on policies to produce quick results in job growth and economic recovery. The legislative actions are encouraging and the public satisfaction is dependent upon their experience in job search and security as well as the overall economy.

The Democrats’ determination and diligence in passing several life- saving legislations deserve attention and re-election in November 2010.

Congratulations! To President Barack Obama, the Democratic Congress and the three Republican members on the financial regulations. Continuous monitoring to improve the housing market and the credit crunch would expedite the economic revival.

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Padmini Arhant

Saturday, June 19, 2010

Kyrgyzstan – Ethnic Cleansing

By Padmini Arhant

The Central Asian nation, Kyrgyzstan bordering Uzbekistan, Kazakhstan, Tajikistan and China is home to 5.2 million ethnically diverse population with the Kyrgyz being the majority followed by the Uzbeks and other distinct groups in the society.

Recent ethnic violence where an estimated 400,000 is reportedly displaced having fled their homes with the Uzbek men, women and children targeted primarily between the two communities in the clashes that erupted from a political unrest back in April 2010.

Reflecting on the events then, the economic crisis and the energy prices combined with political corruption contributed to the massive public protest initially centered at the nation’s capital, Bishkek. It seemingly became widespread with casualties rising among the protesters and the riot police.

President Kurmanbek Bakiyev’s crackdown on independent news network, print press and websites information about the former administration’s alleged corruption scandal had angered the people and created more tension.

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Padmini Arhant

Wednesday, May 19, 2010

Philippines National Elections 2010

By Padmini Arhant

Congratulations! To President-elect Benigno Simeon “Noynoy” Cojuangco Aquino III, the winner in the Philippines Presidential elections held on May 10, 2010.

The President-elect Benigno Aquino III, the Philippines Senator representing the Liberal Party appear to be the popular choice and being the son of the former President Corazon Aquino, known for ‘People Power,’ has contributed to the success against the experienced Political contenders.

Besides, Philippines politics has been mired by violence, corruption and military intervention in the governance notwithstanding the ‘democratic’ system more accessible to political dynasties or wealthy aspirants, leaving the average citizens with limited government representations.

Election related deaths are reportedly lower than the previous years, most recently the massacre involving 57 people in November 2009.

Regardless, any loss of life is regrettable and needs to be prevented at all costs.

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Padmini Arhant

Monday, May 10, 2010

U.K.Elections and the Political Dilemma

By Padmini Arhant

The last week General Election results in the United Kingdom generated political confusion.

With the conservatives aka the Tory Right led by the leader, David Cameron as the front runner and the incumbent Labor Prime Minister Gordon Brown trailing behind, the liberal democrats’ leader Nick Clegg is the ‘kingmaker,’ in the hung Parliament.

In the absence of a clear majority, the political parties are attempting unconventional alliances to form a government raising anxiety among the observers at the domestic and international front.

According to the reports, the Tory Right members are advising their leader David Cameron to function as the minority government daring the opposition majority in the Parliamentary affairs.

Unfortunately, it’s an ill advice for the majority could render the minority redundant in the legislative voting process and turn the tide against them in the next possible election.

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Padmini Arhant

Saturday, May 8, 2010

The Political Game

By Padmini Arhant

Politics is universally known for facts subversion.

Any fair perspective on national issues and campaign promise reminders are perceived as unconventional and thwarted with false accusations.

There were assaults regarding the concerns raised on the past and pending legislation.

It’s important to dispel the myths surrounding the open communication to the authorities in power through this website.

Since the 2008 Presidential campaign and up until now, the communication channel allows the authorities in power to submit their various demands to me but prohibits my response to them.

My communication to them is possible only via the website.

I’ve never had direct communication access during the election campaign and it continues to date.

Information sent earlier has been either rejected or redirected to ‘Auto response.’

As such, every communication sent and received by me has been published on this website periodically.

Upon being approached by the authority in power on several occasions lately with the routine message:

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Padmini Arhant

Wednesday, May 5, 2010

Reconciliation for a New Beginning

Honorable. President Barack Obama

Dear Mr. President,

Thank you for the opportunity to clarify the position for a new beginning.

With deep appreciation for democracy, free speech and ethics, I reiterate the facts presented on this website.

I remain steadfast in my commitment to work for the people and serve our great country as well as the citizens across the globe.

Since my responsibilities are towards humanitarian peace and progress, besides environmental protection, I pledge unequivocal support to promote the daunting, yet noble cause in every aspect.

I do not have any doubts in reaching the milestones by working together with a common goal in the domestic and international matter.

However, I’m disappointed with the special interests’ control over the hard fought legislations against the democratic principles and consequently,

The electorate deprived of immediate and long lasting benefits.

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Padmini Arhants

Friday, April 9, 2010

Redemption and Reorganization for a New Beginning

By Padmini Arhant

On March 10, 2010, the former President Bill Clinton delivered an apology statement to the people of Haiti.

President Bill Clinton is appointed the UN Special Envoy to Haiti.

I commend the former President Bill Clinton in coming forward willfully and taking responsibility for the unpopular economic policy that caused immense grievance to the suffering population of Haiti.

The courageous action by the former head of state in acknowledgment of a negative political decision that led to an immeasurable despair for the trusting population in Haiti is praiseworthy.

President Clinton - Your action is honorable and demonstrated the remorse you had experienced from the judgment error in the ‘Free Trade’ agreement imposed upon the people of Haiti against their will.

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Padmini Arhant

Friday, February 19, 2010

Reflection on the World Economic Forum – Davos, Switzerland

By Padmini Arhant

The World Economic Forum on January 27 – 31, 2010, at Davos, Switzerland contemplated the global economic crises.

Speakers from the large consortium expressed their thoughts and hope or the lack thereof about the global economic prospects at the annual meeting.

Summarizing the summit issues:

The general focus has been:

The economic recession.

The financial crisis and the need for financial reform.

U.S economy, the dollar, the deficits and the gridlock in Washington due to Special Interests’ control of Congress.

Skepticism on the EURO currency strength and concerns regarding European market from the economic struggles in Greece, Spain, Iceland, Ireland, Portugal, Latvia to name a few.

Further exacerbated by the majority euro members surpassing the 3percent budget deficit cap, a criteria for the euro currency usage.

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Padmini Arhant