Tuesday, September 25, 2007

Ruined Rural Economy - Failed Party and Nation Part - 15

Contribution of Congress led ruling alliances is more in Bleeding the Nation; rather than Building the Nation in last four years

I feel indebted when I find that the readers world over have expressed sympathy for poor Indian and Asian farmers who have been committing suicide due to bad economic policies of Congress led government which has ruined Indian Agro and Farming Sector (IAFS) in totality. The MM-PC-AS trios Economic Think Tank (ETT) have really not only destroyed the entire agro economy but also embedded last nail on the burying coffin of farmers by importing over 30 lakh tons of food grains. What a reprehensible decision of Indian Agriculture Minister, Mr Sharad Powar, who has added more salt to their already bleeding wounds due to bad and anti-farmers oriented Congress and so called secular opportunist and chair hungry third front. Mr Powar is busier in playing cricket off the field; rather than managing his portfolio as Agricultural Minister of Union of India. Similar policies are also evident in many other countries where poor farmers are forced to commit suicide. A multi millionaire Sharad has no time for poor farmers.

What a pity on the nation of a billion; that they choose irresponsible leaders.

When first time, the Congress led amalgamated government was formed under Mr Man Mohan Singh as Prime Minister and Sri P Chidambaram as Finance Minister, I have predicted that the pace of so-called Economic Reforms in India (ERI), these leaders have conceived with World Bank and Western Economy Development Oriented Model (WEDOM) that Indian Agro and Farming Sector (IAFS) is going to be ruined. I am still firm that as both the leaders have, time and again, reflected the deep embedded influence of WEDOM in their mind, they would ruin India. Who knows it is a well conceived conspiracy to destroy IAFS from grass root level and for which the present government is capable. The contribution of Congress led ruling alliances is more in Bleeding the Nation; rather than Building the Nation in last four years.

The WEDOM, which encourages capitalism; and discards Social Economic Progressive Model (SEPM) conceived by Sri Jagan Nath as Gram Sarpanch in fifties and implemented in small village of Piplia of erstwhile Nainital (now US Nagar) district of Uttrakhand, is unsuited for Asian Nations. The deep rooted imprint of WEDOM on the minds of MM-PC-AS trios thinking has already drained out lot of blood of poor Indian farmers at Nandigram in West Bengal. The present Khichari (Multiparty) Government of various parties has systematically ruined IAFS in planned manner, which none of them can deny. The crocodile tears of present Congress leadership including her president on continuous suicides of farmers are nothing more than a gimmick. It is a discreditable splotch on our Agricultural Ministers approach in handling such a sensitive issue of farmers suicide.

How pathetical it is, that the present government is just dumping money to buy suicide? The recent Indian Express report of PMs panel finding faults with the PMs liberal package of rupees 17,000 Crores to alleviate farmers debt problems has infact become a rich harvesting opportunity for corrupt officials. The India TV exposure of distribution of financial assistance to farmers of rupees ten, twenty and above shows the real concern of our leadership. After hearing about reservation in 1948, Sri Ramji Das Mehta said quote These incompetent, inefficient and stumpy mentality reserved people would rise and occupy most of the top positions in administration, police and various other departments after fifty years; and thereafter downfall and destruction of India would begin unquote. He was right in his prediction than, which is proving true in every aspect even now what I feel. I too maintain that so called low caste people can meet all the challenges of life in far better way; provided they are educated and grown in better environment. Rising of a slum dweller from a normal citizen to be a collector through quota would certainly make him corrupt which is the truth today.

Why Indian Prime Minister or Finance Minister is so careless towards IAFS growth. Throwing of hundreds of tons of tomatoes in ocean, rotting of similar amount of onions in Maharashtra is of great concern. There is a need to review Indian economic policies which is slowly drifting towards capitalist economy. The present trend of privatization of every second responsibility of government has really shifted the power block from public to businessmen. Today, most of the FM economic policies are guided by Tatas Birlas, Ambanis and Mittals and not the basic requirement of over 80% poor peasantrys daily needs.

My readers would agree with me that most of the economic policies of Congress led government are to favor 20% of rich people. The sky rocking prices of essential commodities have, by and large, nearly criminalized Indian poors. The Congress has very tactfully filled her party coffin through highly unstable market index. Mahatmas vision of making 80% villages prosperous has gone on deaf ears. The WEDOM influence on Indian ETT can be seen that every economic policy is to benefit Western consumers and not the poor Indians.

The recent decision of Agricultural Minister to Import wheat, sugar and even onion is really a cause of great concern for farmers of Maharashtra, Punjab and Central India. I only perceive the motive of importing over 30 Lakh tons of agro products is nothing beyond the Pandora box of commission, perks and five star treatments.

Why Government of India (GOI) is ready to import wheat which ultimately costs over rupees 1650 per quintal but not ready to pay over rupees 900 per quintal to own farmers. The Common Ordinary Man (COM) plight is beyond once perception. The criminalization of society is at rapid pace. Why ratio of juvenile crimes has risen dramatically needs detailed study; other wise Future of Indian (FOI) would always live under threat of crime.

I would suggest that the GOI should first:
One; create enough opportunities for farmers to sell the products and not dump over hundreds of tons of tomatoes, potatoes, onions and other food grains in ocean;
Two, take market to the farmers and not farmers moving to the market;
Three; ensure every square inch of cultivating land has irrigation system. If irrigation canals do not exit then make a five year plan after fifty years of independence which is still not late;
Four; ensure high yield verity of native seeds without patent right gimmick of foreigners specially United State of America victimizing tactics of world;
Five; provide high quality but low cost fertilizers to farmers. In fact, I would suggest that Indian and Asian farmers should follow my husband rule of One-Third Land Cultivation Cycle (OTLCC) of crops. He has invented and successfully practiced. In this method, a farmer divides his entire land mass in to three parts. One piece of land is ready for harvesting, another one third is having natural animal dung and wild grass weeds growing such as Sanai and Dhancha to the height of three to four feet; and one third land piece is being tilted, cultivated and prepared to sow green compost fertilizer seeds. The biggest advantage of this system is that land never losses her fertility as compare to chemical fertilizers.
Six; remove middle man but use not corrupt but honest officials to buy proceeds;
Seven; move banks to the villages and not villagers to the bank to avoid corruption and commission of bankers, middlemen and corrupt government officials;
Eight; encourage co-operative way of harvesting of single variety of crop specialization in a particular state or region such as rice in West Bengal, Assam and South India and so on.

In fact, every Supreme Court of world must ban all politicians having portfolio to hold any other office so that these elected representatives should do justice with their portfolios

Though, I have expressed my views but I hope that all these views are neither against and party, leader or government but for the benefit of Indian and Asian farmers and peasantry who mostly live in villages. My endeavor to revive IAFS and compare WEDOM is totally directed to give a new life to Indian farmers. In fact, every Supreme Court of world must ban all politicians having portfolio to hold any other office so that these elected representatives should do justice with their portfolios. The amount of time and political stunts which Mr Powar had played in defeating Mr Birla, if he would have spent even one percent of that, Indian farmers suicide would have been stopped. They are senseless and insensitive because none of their own family member committed suicide. The pain, miseries and unhappiness of grieved family is not seen by Ministers.

My entire series of articles on Ruined Rural Economy (RRE) is aimed to awaken the large Ajgar (Python) type Indian leadership; who is sleeping carelessly after swallowing a dear. I would request readers to share their views to eradicate Asian farmers agony. The bad government policies effect is evident on every common man in this country. Feedback at som_kalpna@yahoo.com

I, S Kalpna Sharma, am a freelance journalist who frequently write on various issues relating human values. My impetus of debate has been always focused on current issues which affect human beings life and social behavior. As always try to bring out debates on human values, my readers support base become large.

Futures Day Trading - Patterns in The S&P 500 and E-mini Futures Contracts- PART 1

Identifying patterns that repeat in the futures market, then jumping on them, is what it's all about. These patterns can be rather complex, requiring an accumulated library of observations. The best way to do it is through your own intuition. There's no better computer trading program than your own trained mind.

When do we start talking about the S&P 500 futures contract patterns that repeat over and over throughout the day? Right now! Theres so many. Just to give you an example of what Im talking about, from June to December 2005, I filled up about 55 typewritten pages with 240 different examples describing the general futures patterns I saw. And Im still adding to them. I then read them into a tape recorder and often listen to the tapes to reinforce these observations.

Its so easy to forget what weve seen. Going through a futures bull market" lasting 5 days can easily erase ideas we learned about the last mini-bear market the week before. The idea is to sit in front of the screen and watch the market unfold. You need to be constantly scanning the various charts, one-minute, five minute, sixty minute and daily bars to look for these patterns and set ups. Your mouse should always be moving and clicking. Take visual snapshots every five minutes. Scan your instruments and environment, just as a pilot does in an airplane .

These futures price patterns can sometimes each take two paragraphs to describe. They can involve COMBINATIONS of price formations, volatility, dullness, spikes, erosion, persistent strength, tick patterns, premium patterns, relationships to other markets, wave structure, volume, time counts and other subtle combinations. They all add up to that magic signal inside your head that the market is about to make a worthwhile turn. One or two indications dont mean much. In addition, they must be in context to the futures market position. Dont get caught swinging from one or two tree branches.

For example, let's say the market goes dull and quiet. This can be very bullish at a bottom. Or it can be very bearish at a top. Or it can mean nothing if the market is in a middle range like when the traders go to lunch between 12-1PM east coast time. Proper context is the key when interpreting these signals into meaningful pattern combinations.

These signals are decoded using "fuzzy logic" - your brain. Digital software can't compete! There's no way to program these complex patterns with a computer or neural net. Ive tried it and have come up with some effective systems, but I've always done better using the human mind for integration.

Part Two of Three Parts - Next!

There is substantial risk of loss trading futures and options and may not be suitable for all types of investors. Only risk capital should be used.

Thomas Cathey directs the managed futures division of Thomas Capital Management, LLC. Get FREE, his complete 44+ lesson, "Thomas Commodity Trading Course" and weekly TimeLine newletter by visiting: http://www.thomascapitalmanagement.com/commodity/welcome.htm The course is brand new and fun reading... a "street-wise" trading e-course. Visit the main Thomas Capital Management trading website at: http://www.ThomasCapitalManagement.com

Auto Trading the Forex Market

Most often when trading foreign exchange the trading is done by humans, but some people like to develop automated systems of trading forex. The most common and best reason for this is that a trading system can be developed that removes the "human emotion" from trading and improves the results.

At least that is the idea.

In reality an automated trading system can be fraught with risk. Since it is trading automatically, little glitches in the program can cause financial loss. The broker usually does not care if you are trading forex automatically or "manually". If you lose the trade you lose.

Therefore careful testing, both forward and backwards in necessary for any automated trading system. In some cases results can be better than humans, especially where an inexperienced human trader is pitted against a sophisticated automatic or "expert advisor"

Trading software such as Metatrader allow automated trading to occur. But not all brokers will allow the use of metatrader. Metatrader is actually a free program. The forex broker pays the cost. If the broker uses Metatrader then you can do automated forex trading with that broker.

Some Metatrader enabled brokers include: Alpari, InterbankFx and North. You should research and read forex broker reviews though - before you open accounts with them. Some have particular rules that makes automated trading difficult.

What I have covered here is the start and some pointers to places where you can begin on your journey to understanding automated trading. You will not necessarily find better information in an ebook but like me are more likely to gain the required understanding by reading from many sources. Forex forums are a good place to pick up information on this subject.

Copyright 2007 Graeme Sprigge is the web master of Forex Broker Reviews the first dynamic and community driven forex broker review site. He is a part-time forex trader and investor and has been active in investing for many years. This article may be reprinted provided this copyright and notice remains intact - all rights reserved.

Mini Accounts: A Great Way to Get Your Start in Currency Trading

Currency trading is a risky but potentially profitable means of earning more money in addition to your regular income. There are many ways of going about it, but if you are a beginner to currency trading, I strongly suggest starting with what is called a mini Forex account. You can open a mini account with a minimum investment as small as $250, and some brokers will even allow you to open an account with a $100 minimum investment. With a mini account, you will still enjoy many of the same privileges as a regular account holder.

Let's look at the difference between a mini account and a standard Forex account. In a standard account, the lot or trading contract size amounts to 10,000 units of the base currency--in the case of USD, that would amount to $10,000. A mini Forex account will handle only a percentage of a single lot, which means that mini account contract is one-tenth the size of a standard Forex account contract. The pip values in mini Forex trading are also one-tenth the normal value.

Mini account trading does involve engaging in marginal trading. That means that you are making use of leverage, or in other words, borrowing money to be able to perform a trade without having to invest the full amount required for a single lot. The investment that you pay for out of your own pocket is called a marginal lot. For a mini account, the marginal lot for every $10,000 lot is $50, which is a 200 to 1 leverage. On starting a mini account with a minimum of $250, you are trading five mini lots with your investment.

Should you be concerned that the mini account requires a high degree of leverage as compared to other forms of trading? For example, stock market day trading has a leverage ratio of 4 to 1 in a trading day, which is far lower than the leverage ratio of mini account trading is 200 to 1. But this is the standard practice in mini Forex trading and traders and brokers do not see it as over-leveraging.

When you look at what happens in mini Forex trading, you will find that the traders risk on a mini account can be compensated by the smaller amounts of potential losses in mini trading. An average loss in mini account trading is one-tenth the amount that would be lost in an equivalent trade on a standard Forex account. That makes it easier for mini Forex traders to follow a disciplined trading strategy, since a trader normally finds it simpler to let go of a small loss, whereas a greater loss may prompt an investor to hold on longer than one should to a declining currency. The high leverage in mini Forex trading also gives an investor more options and trading strategies in currency trading.

A mini Forex account is the recommended investment choice for traders who want to invest $10,000 or less in currency trading.

Learn more about getting into Forex trading. View our latest articles about the Forex market at http://www.faso06.com

Have You Ever Wondered What Stocks Are and How Stock Market Investments Work?

To many people, the stock market is like a fuel injected engine; they are familiar with the term, but have no idea what it means. We hear about stocks daily. The evening news reports on the Dow while the daily activity on the New York Stock Exchange takes over several pages of your newspaper. But what do all of those numbers mean? And just what is a stock? For that matter, what is the stock market? While the technicalities of these terms would require volumes in order to explain them sufficiently, the general definitions can provide a brief view and introduction into this fascinating world - and perhaps it will serve to whet your appetite for more.

By definition, a stock (also called equities, securities, corporate stock or equity) is an instrument that denotes a position of ownership in a corporation. The stock is a representation of the claim on the corporation's proportional share in its profits and assets. The number of shares that a person owns, when divided by the outstanding total number of shares, determines that person's portion of ownership in the company. For instance, if a company has 10,000 shares of outstanding stock, 500 of which the person owns, then he or she owns 5% of the company. Often the person who owns the stock has voting rights which means that the shareholder has a vote in decisions regarding the corporation that is proportional to the amount of shares that they own.

The only type of company that issues stock is a corporation. Sole proprietorships and limited partnerships do not distribute stocks. The corporations publicly trade stocks on stock markets such as the Dow and the New York Stock Exchange. The term stock market is a broad, general term to describe an organized for the trading of stocks. This is done through exchanges and OTC (over the counter). Securities that are traded OTC are not able to be traded on an exchange because they do not meet listing requirements or for some other reason.

There are several different types of securities, stocks are just one of the types in this group. Mutual funds are a collection of stocks, bonds or other securities of which investors purchase shares. The shares in mutual funds fluctuate on a daily basis and the investor is able to sell their shares at any time. A mutual fund, though, carries less of a risk than a stock because of the diversity of the stocks in the fund and the failure of one will likely be balanced by the returns on the rest of the stocks in the fund.

Trading stocks can be lucrative and there are many different opportunities for getting good returns. For instance, money market instruments carry virtually no risk while individual stocks are considered more of a high risk. There is also the Forex which is the trading of foreign currency. This is an exciting world, and there is something for just about every type of would-be investor. Explore the various options in the stock market world and you are sure to find something that will appeal to you.

For lots more free information about the Stock Market check out the articles at http://www.stockinvestingforbeginner.com/sitemap.php

3 Types Of Websites

Are you looking to design your own website? Well, before you start designing your website you should first decide which type of site is right for your particular interest. There are three different types of websites you should be aware of, they are the Informational, Interactive and Trading (e-commerce) sites.

The most common, least expensive and easiest site to design is the Informational site. This site is designed to give web surfers valuable information on a particular subject you may want to share. If your going to design such a site, it must be designed to a target audience. For example, if your subject is geared towards beginners in Autobody repair then the information must be for beginners. Informational sites may also generate revenue by using Google Adsense and Google search if designed correctly. These types of advertisements are placed on your site by Google that focus on the information you place on the site.

The next type of site is the interactive. The interactive sites are designed to allow web surfers interact with the site by leaving feedback, requesting information, downloading software, hardware or images. Surfers can also interact with each other through chat rooms, blogs or message boards. These site can also be profitable by using Google Adsense and Google search.

The third type of site is the Trading (e-commerce) site. Trading sites are becoming more and more popular in the market place. They are designed to sell a particular service and/or product. The Trading sites can be very expensive due to their database design but can be a very profitable marketplace for your product or service. If you are planning on designing such a site my advice would be to get a professional to help you unless you have taking hours of programming.

Creative Design Solutions - Graphic Design, Custom Web Design, Photo Editing

Copyright 2006, Lonnie Niver All rights reserved.

Investing Is Like Dating, Marriage And Marriage With Children

In Robert Kiyosaki's series of books on managing your money, he quotes Rich Dad as comparing investing in stocks like dating, buying investment properties like a marriage, and starting up a business like being married with children. I am beginning to find out how true it is.

Why are buying stocks like dating? For a start, you can get in quickly and easily. With some capital, you just need a broker, or an online account, and you can start buying stocks right away. There is no huge commitment involved. You can get out as easily, almost instantly if the price is right. For many, the initial decision as to which stock to buy does not involve much thinking or time invested at all. The returns may be small compared to the other investment vehicles though.But once purchased, the stocks themselves require very little maintenance.

My first experience with investing was buying stocks just based on hot tips from friends. As expected, I lost money. Fortunately, I was able to get out fairly quickly though it was an expensive lesson. I have since learnt to be a little wiser. And while I am not of the level to be considered a professional investor, I do hope I am now nearer being called an investor than a gambler. Fans of Warren Buffett will not agree with the above analogy, of course. A true fundamental investor puts in a lot of leg work and spends a lot of time reading and understanding companies before he buys them. And when he buys, he is confident enough to make a substantial investment, and then to ride out the market's ups and downs. Such an investor's holding time is forever.

Now buying a property is quite different. Certainly, it does take a lot more time and running around to find a property that is suitable. One has to find a property in a decent location. The property has to be in a decent condition, with a good rental yield. Some basic work needs to be done to make it suitable for rental. Bankers have to be consulted as not many have the cash to pay for a property without taking a loan. Calculations have to be done to see whether the rental income after deducting costs of the loan, maintenance and so forth make the investment worth the while. But once all the initial groundwork has been settled, most of the time, the investor can then sit back and reap the reward of his efforts as he collects his rental cheque every month.Once in a while, parts of the property break down, or tenants may give some trouble, necessitating some work on the investor's part. It does seem to be a bit like a marriage.

So why is starting a business like being married with a baby? I guess it means you are now totally committed and stuck! You have to give birth to a business, nurse it as a baby, pouring time and money into it to help it grow, all this while, not expecting much from it, in the anticipation that one day, it will grow big enough to support you many times over. To take money out of a business too soon would kill it. And just like real children, there is no guarantee the business is going to turn out as you hoped. In fact, nine out of ten businesses fail. It is like bringing up a child only to find he has turned into a useless ungrateful adult who refuses to leave home and prefers to live off his aging parents. With such dismal statistics, people who think about starting businesses are advised to plan to fail! It has to be factored in. Failing is not enough. One has to learn from the mistakes and change. So following through with this logic, the faster one fails and learns from one's mistakes, the faster one can progress. There is no need to know all the steps to getting from Point A to Point B, as long as you know where Point B is. The steps will slowly come.

So why advise someone to go into a business at all? It really depends on what the person hopes to achieve in life. For someone who values security, the risks may not be worth it. It may be better to find a good mutual fund and let the professionals handle it. But for those who value freedom, the potential rewards of a good business returning unlimited amounts of money so freeing them from having to work may be worth the risks.

It is up to the individual to decide whether he wants to continue dating for the rest of his life, or commit himself to marriage and possibly children.

Karen Cheong strongly believes that we all need to be educated financially in order to become financially free.

She shares what she has learned about making money, investing and personal finance in her blog http://www.whymoneymatters.blogspot.com