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Archive for April 2011

Gold tops $1,500 for first time

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NEW YORK — Gold prices topped a record $1,500 for the first time ever on Tuesday, shattering an important psychological barrier as investors seek out investments thought to be safe during times of upheaval.

Many investors see gold as the best place to park their money when there’s economic or policital uncertainty, and there has been plenty of that to go around.

The price spike also comes against the backdrop of market uncertainty that has sent investors looking for an alternative to the weak U.S. dollar. And gold has been the marquee beneficiary.

On Monday, it was a dour outlook on U.S. debt that sent gold prices higher.

Standard & Poor’s lowered its outlook for America’s long-term debt to “negative” from “stable,” based on uncertainty surrounding the nation’s fiscal problems.

That’s exactly the type of news that creates a flight to safe haven assets like gold.

Gold futures for June delivery hit an intraday record of $1,500.50 an ounce near midday, before retreating to settle at $1,495.10 an ounce — also a new record.


The price of gold has tracked steadily higher in recent months, as a cavalcade of unsettling world events created uncertainty in global markets.

Since the start of the year, investors have been forced to consider the implications of a Japanese tsunami, earthquake and nuclear disaster. That’s in addition to a spike in crude prices and a slew of revolts in the Middle East and North Africa.

Inflation — which gold is often used to hedge against — has been rising sharply in emerging economies and is becoming more of an issue in Europe.

Gold and silver keep shining. Thanks, S&P!

Carlos Sanchez, director of commodities management at New York-based CPM Group, said prices could go as high as $1,550 in the next couple weeks as investors focus on political gridlock in Washington.

The next major event for the gold market is the May deadline for the government to raise the debt ceiling, Sanchez said.

On Tuesday, silver prices were also on the rise. The understudy commodity settled at $43.75 an ounce — its highest level in three decades.

Of course, the records this week are not adjusted for inflation. Gold rose to $825.50 per ounce on Jan. 21, 1980, which is $2,211.65 in today’s dollars, according to the Minneapolis Fed Calculator.


India has the highest number of stillbirths

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New Delhi: After the explosive report on Delhi’s water being contaminated with the super bug, British medical journal ‘The Lancet’ has again highlighted India, this time in a survey on stillbirths.

The report says India has the highest number of stillbirths in the world. In 2009, more than six lakh children were born dead in India.

In fact, the study says India along with, Pakistan, Nigeria, China and Bangladesh account for half of all stillbirths worldwide.

“Typical complications of pregnancy, hypertension diabetes are still killing a lot of babies in low-income countries. Infections like malaria and syphilis still affecting many babies world over-third group,” says J. Frederik, Author, The Lancet.

In India, the stillbirth rates vary from 20 to 66 per 1,000 births in different states. If one compares the figure with countries like Finland and Singapore that have the lowest childbirth rates (2 per 1000), it is rather shocking as well as embarrassing.

Unflatteringly, the stillbirth rates have declined by barely one percent per year in the last 15 years – from 3 million in 1995 to 2.6 million in 2009.

Coming just weeks after the dismal picture on the child sex ratio painted by the census report, it’s yet another blot for India where prenatal care for lakhs of women is virtually non-existent, care that probably could have turned these statistics around.

Man arrested for creating fake army unit

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A Chinese man was arrested for creating a fake U.S. Army unit and convincing immigrants that joining the squad was a path to citizenship, authorities said.

Yupeng Deng, 51, allegedly gave his recruits military uniforms, had them parade in a Los Angeles suburb and took them to the decommissioned USS Midway aircraft carrier, which is a museum in San Diego.

Deng charged more than 100 fellow Chinese nationals a fee of between $300 and $450 to join the fake Army unit, according to the Los Angeles District Attorney’s Office.

He called his bogus squad the U.S. Army/Military Special Forces Reserve unit, or MSFR for short, and he gave himself the lofty title of supreme commander, prosecutors said.

Aside from telling recruits that belonging to the unit was a path to U.S. citizenship, Deng also urged them to pay him cash for higher military rank, according to prosecutors.

He also allegedly provided them with fake documents and phony military identification cards.

Deng, a resident of the Los Angeles suburb of El Monte, was arrested on Tuesday by sheriff’s deputies.

He was charged with theft by false pretenses, manufacturing deceptive government documents and counterfeit of an official government seal.

Deng faces up to eight years in prison if convicted. He is scheduled to be arraigned on Wednesday, and is being held on $500,000 bail.

Jane Robison, a spokeswoman for the District Attorney’s Office, declined to comment on how Deng was caught.

“All the details and evidence will come out in a preliminary hearing,” she said.

How to Rebuild a War-Torn Nation

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When trying to rebuild a war-torn nation, focus first on security, not economic development. Then make a few highly visible improvements, like free health care for small children or restoring regular electricity. Also, hire female police officers.

These are among the recommendations in a new report from the World Bank that assesses the best strategies for donor nations seeking to improve conditions in countries mired in self-perpetuating cycles of violence.

The bank, which underwrites development projects, tries each year to focus attention on a particular aspect of international development. In recent years, it has moved from a longtime focus on big-ticket projects to grapple with broader issues, like climate change, and to embrace incremental solutions.

This year’s topic is the debilitating impact of violence on economic activity.

High levels of violence, political or criminal, are much more destructive than natural disasters. The report found that criminal violence in Guatemala cut economic activity in 2005 by more than twice as much as the damage caused by Hurricane Stan.

“People in fragile and conflict-affected states are more than twice as likely to be undernourished as those in other developing countries, more than three times as likely to be unable to send their children to school, twice as likely to see their children die before age 5, and more than twice as likely to lack clean water,” the report says.

The report’s specific and sometimes surprising prescriptions are based on a study of nations that have made progress toward stability and prosperity, including Chile, Colombia, Ethiopia and Indonesia.

First, an impressive caution: “It takes a generation.”

The World Bank reports that no nation has made significant and sustainable progress toward reducing corruption in less than 14 years, and that on average it took successful nations 27 years. Reducing the role of the military in politics? No less than 10 years, 17 years on average.

Second, it emphasizes the importance of first establishing the legitimacy of a new political system by making quick progress in a few visible and tangible areas, rather than the standard tendency to announce a long list of goals.

“At the end of 6 or 12 months people look back and say, ‘What has the government done?’ and they really want to look back and see that there are two or three things that have changed,” said Sarah Cliffe, a principal author of the report.

In South Africa after apartheid, the government focused on providing health care for pregnant women and children under the age of 5. In Liberia, the government promised to restore electricity in Monrovia, the capital city, within one year.

The report also touches repeatedly on the value of gender equity and female involvement in political decision-making, including law enforcement. In Nicaragua, for example, it says that increased hiring of women as police officers produced a crackdown on sexual violence. In Liberia, the report says that the creation of all-female units that worked alongside the local police helped to restore public confidence.

Two final suggestions are pointed at donor nations. The report says that assistance for troubled nations too often jumps and plunges, which is not healthy. It says that donors instead should commit to providing steady, reliable, long-term funding. Issues of corruption, inefficiency or ineffectiveness should be dealt with through changes in management or focus, rather than reductions in aid, the report says.

A chart from the World Bank shows the volatility in aid to four countries from year to year. Humanitarian aid and debt relief, excluded from the statistics, would increase the volatility, it said.

It also suggests the use of a radical new method for judging the effectiveness of rebuilding efforts: asking people in the recipient nations. The World Bank sees such polling as a way to demonstrate incremental progress even as it seeks to shift investment toward long-term plans that may not yield tangible results as quickly.

‘Impossible to practice politics without corruption’

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Said Kumaraswamy expressing his anguish, as his efforts to bring “corrupt practices” of the Yeddyurappa-led BJP government did not yield expected results

JD(S) State President H D Kumaraswamy, who has been levelling corruption charges against Yeddyurappa, said it was impossible to practice politics without corruption. “The two (politics and corruption) have become two sides of the same coin these days,” he said. Kumaraswamy said, he was trying his best to curb the “immoral” practice of corruption. He however admitted that he accepted donations from the people for the sake of his party.

Trying his best: Kumaraswamy said he was trying his best to curb corruption. He, however, admitted that he accepted donations from the
people for the sake of his party.

Reflecting upon today’s political scenario in the country, Kumaraswamy said, “If Mahatma Gandhi was alive today, he would have either fallen prey to corruption or would have shunned politics itself.” He asked people of the state to follow Anna Hazare as a role model and come forward to lead a movement against corruption. “There is a dire need for a person like Anna Hazare in Karnataka to fight against corruption.”

He expressed anguish that his efforts to bring “corrupt practices” of the B S Yeddyurappa-led BJP government to the fore had not yielded the expected results, despite producing records to substantiate his allegations.

Kumaraswamy claimed that JDS would emerge victorious in the bye-elections to the three assembly constituencies held on April 9 while BJP will be forced to eat humble pie.

An Indian Gujrati Baniya, A Kashmiri Pandit, And Sikh Nation

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OTTAWA, Canada-Since 15th of August, 1947, the Sikhs have lost almost everything in their lives that it is needed for their very survival. First of all, the Sikhs lost their Sikh Nation, Holy and Historic Homeland, PUNJAB, the Sikh Nation what it used to be the ‘First Sovereign and Secular Nation’ of South Asia.

This was the Sikh Nation, PUNJAB, of monarch Ranjit Singh, 1799 to 14 March, 1899. Let us go a little further, there has been a historical evidence, which many a Sikh would not like to even mention, because it had been the so-called Sikhs’ leader, a Brahmin turned to a Khatri (Malhotra) and then became a member of the the ‘House of Baba Guru Nanak Sahib (the founder of the Sikh Religion)’, a leader of the Sikhs’ Akali Party, and who came with the contacts of a Baniya named MK Gandhi (the person who insulted the 10th Master of the Sikhs, who revealed the ‘Khalsa Panth or Guru Khalsa Panth. The Baniya MK Gandhi insulted the 10th Master by calling him with derogatory remarks) and a Brahmin, JL Nehru.

This master Tara Singh ‘devoid’ of the teachings of Guru Granth Sahib, had more than a million of Sikh killed in genocide before 15 August, 1947. On that day, the friend and follower of a Gujrati Baniya and a Kashmiri Brahmin (MK Gandhi and JL Nehru), ‘swallowed’ the Sikh Nation, Punjab. On 10 October, 1947, these two friends and supporters of Master Singh declared through a government circular that the “Sikhs are lawless people and are dangerous to the law-abiding Hindus-Brahmins.” Did the Sikhs remember these words and acted in terms of what is in store for them in the post-15th August, 1947 period?

Since 15 August, 1947, more than 3.4 million Sikhs of the ‘Landless Sikh Nation, PUNJAB, Khalistan, have been killed in numerous genocides, pogroms, fake-encounter killings of Sikh youth, Sikh females have been humiliated in the 1978 massacre of Sikhs in Amritsar, an ‘undeclared’ war in the form of a brutal military “Operation Bluestar” of June, 1984, 1980s, 1990s, together with the genocide of the Sikh culture by the ‘Bollywood Movie Industry’s Bikni Culture’ and under the ‘ulterior motives’ adopted by the Hindu-Brahmin fundamentalists and militants.

The so-called Sikh politicians, if they are the politicians at all, jathedars/band leaders appointed by the State administration of the Sikhs’ Holy and Historic Homeland, etc., have turned bootlickers/Chapliachuts of the ‘Brahmins-Hindus’ alleged Indian Institution of democracy. Have any professionals, politicians, the Sikh youth followers of the Bollywood’s Bikni Culture paid any attention to their fast deteriorating Sikh Culture, Sikh Religion, Sikh politicians, Sikh academia, Sikh professionals, Sikhs of the armed forces, etc? No, not at all.

Under the promotional programmes, everyhing is ‘fine, be happy with the consumption of alcohol, drugs, filthy songs in the name of entertainment and cultural programmes’, etc. The Sikh youth, you need not to think about your future. We, the Brhmins-Hindus will take care of you, to destroy you and uproot you. The bootlickers of the Brahmins-Hindus are taking you away from educating you. In essence, your enemy will make you a culture-less entities, devoid of everything which makes you a person to fit in the society of the ‘Brahmins-Hindus’ and its main stream as we, the Brahmins did in the Devdasi culture (a taboo) of our Hindu temples. You, the Sikh youth, have been made the victims of the ‘Brahmins-Hindus’ Educational System, prescribed, watched and executed carefully by the ‘Brahmins-Hindus’ Research and Analysis Wing (RAW) networks. And by the time you come to your senses (or open up your eyes), it would have been too late, or you have missed the boat.

We, the Brahmins-Hindus, will never let you to come to your senses. This is our policy, the Sikh youth, if you try to understand it. This will continue to destroy the Sikh Culture, your religious institutions, reading. reciting, and making your future plans for your uplift, based on the ‘reading and reciting your Holy Scripture, Guru Granth Sahib ji, the compilation of the teachings of the Sikh Guru Sahibans, from Guru Baba Nanak Sahib to Sahib Guru Gobind Singh ji’, should you come to your senses from our (Brahmins-Hindus) ulterior motives. Until you, the Sikhs, realize that you belong to the ‘House of Guru Baba Nanak Sahib alias Guru Khalsa Panth’, the Brahmins-Hindus would have a ‘Tight Control’ on your life as we the Brahmins-Hindus have already having your apex institution under our ‘Tight fist’, using your turbaned Brahmins-Hindus in ‘The Sikh Identity’. Until you, the Sikh youth, realize that the ‘Brahmins-Hindus’ are neither a culture nor a religion, and all out to ‘swallow’ the Sikh Religion.Until your soul compels that you need to know your Sikh History from the Sikh point of view. The Sikh History from the Sikh point of view will never be allowed you to read, practice and learn. That is what our plans are to destroy your ‘religion and culture’. The Sikh religion which is the 5th largest religion of the world.

Many of the Sikh Diaspora have formed their groups, professional outfits, Simran Sewa, Law Societies, etc., to tackle the Genocides, human, religious rights, gross human rights of the Sikhs and non-Hindu-Brahmin minorities. Good for you, the Sikh professionals of the Sikh Diaspora. But do not forget, you will never succeed until you know your own history, i. e., The Sikh History from the Sikh Point of view. Please do not forget the so-called Sikh politicians or the turbaned ‘Brahmins-Hindus’ in ‘The Sikh Identity’ will never let you succeed until you have fulfilled the primary requirements to ‘Read, recite and understand your own Holy Scripture, Guru Granth Sahib ji’. Further, you professionals, always write under your messages that ‘Please send your donations/contributions’ for the work you have been doing by spending your precious time in engaging yourself in the “Gross Human Rights violations, genocide, fake-encounters of your community, The Sikh Diaspora,” you have to ask and you are required in accordance with the Sikh Way of Life, where is your ‘Daswand or Tith, or at least one-tenth of your income that is required to be spent on the house you belong to, i. e., the ‘House of Guru Baba Nanak Sahib or the Guru Khalsa Panth’? You need not to answer this question to anyone, simply have to ask yourself; but to ask yourself only. Simply, my dears, by saying ‘Maya Mastani Ho gayi hai, Tuhaada Dafter Band Ho giya hai; Khalsa ji, Paise (monetry) di madad karo, Singho. The people who have been a ‘part’ in prolonging the “Sikhs’ Struggle to Regain Their Lost Sovereignty, Independence and Political power of the ‘Sikh Nation, PUNJAB, ever since they Lost their Struggle (the Sikhs) on the fateful day of 14th March, 1849.”

Answerable to the “Sikhs’ Struggle of Sovereignty by peaceful means,” are Master Tara Sinh, Fateh Sinh, Chanan Sinh, Pratap S Kairon, the Majithias of Amritsar, Prakash Sinh Badal (an agent of the RAW), Badal-Akalis Private Limited Incorporation, Badal and his ‘joe boys and joe girls’, jathedars and the Sikh youth, for whom you have been fighting their cases of genocide – the Sikh Diaspora professional.

Indeed, the money is needed, but not for those who ‘Do Not’ have the Road Map for the Sikh Nation, the Sikhs’ Sovereignty. The latter is the ‘Life line for the Sikhs’ Survival’. My dears (Sikhs) do not forget that what you need and what will your devotion should be for the ‘Sikhs’ Sovereignty, nothing less than the Sovereignty’.

With due respect to the Sikh professional lawyers, you have attained your expertise in the field of law, international law, but you need to have a ‘big’ heart to know which you have no choice but to come to the grip of your enemy’s motives that the Indian Constitution 1950 was ‘rejected’ in the Indian parliament repeatedly in 1948, 26th November, 1949, 1950 and more recently on the 6th September, 1966, by the Sikh representatives to the Lok Sabha (Sardar Hukam Singh, Sardar Bhupinder Singh Mann and Sirdar Kapur Singh, ICS, MP, MLA and the National Professor of Sikhism, on behalf of their electorals of the ‘Landless Sikh Nation, PUNJAB, Sikh Nation, Khalistan; presently under the occupation of the Brahmins-Hindus’ Indian State. None of the Sikh members of parliament has accepted/signed/endorsed the Indian Constitution).