Dear Sir! I agree and this is the voice of nation. Plz keep it up. Thx Ashok Kumar Advocate
On Sat, Sep 6, 2008 at 2:42 AM, A Ganesh Puranik <[EMAIL PROTECTED]>wrote: > > > > Jharkhand Forum <http://www.jharkhand.org.in/> > <http://egroups.com/list/Jharkhand> > * * > > > What is the final source? how can we rely only on merinews.com > > On Fri, Sep 5, 2008 at 8:59 AM, J.venkata subramanian < > [EMAIL PROTECTED]> wrote: > >> >> >> >> Jharkhand Forum <http://www.jharkhand.org.in/> >> <http://egroups.com/list/Jharkhand> >> * * >> >> >> >> <http://www.merinews%20.com/catFull.%20jsp?articleID=%20137213>http://www.merinews >> .com/catFull. jsp?articleID= 137213 >> >> *Is India poor, who says? Ask Swiss banks** >> >> *With personal account deposit bank of $1500 billion in foreign reserve >> which have been misappropriated, an amount 13 times larger than the >> country's foreign debt, one needs to rethink if India is a poor country?. >> >> DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS, IPS >> officers have deposited in foreign banks in their illegal personal >> accounts a sum of about $ 1500 billion, which have been misappropriated >> by them. This amount is about 13 times larger than the country's foreign >> debt. With this amount 45 crore poor people can get Rs 1,00,000 each. This >> huge amount has been appropriated from the people of India by exploiting and >> betraying them. >> >> Once this huge amount of black money and property comes back to India , >> the entire foreign debt can be repaid in 24 hours. After paying the entire >> foreign debt, we will have surplus amount, almost 12 times larger than the >> foreign debt. If this surplus amount is invested in earning interest, the >> amount of interest will be more than the annual budget of the Central >> government. So even if all the taxes are abolished, then also the Central >> government will be able to maintain the country very comfortably. >> >> Some 80,000 people travel to Switzerland every year, of whom 25,000 >> travel very frequently. "Obviously, these people won't be tourists. They >> must be travelling there for some other reason," believes an official >> involved in tracking illegal money. And, clearly, he isn't referring to the >> commerce ministry bureaucrats who've been flitting in and out of Genevaever >> since the World Trade Organisation (WTO) negotiations went into a >> tailspin! >> * >> Just read the following details and note how these dishonest >> industrialists, scandalous politicians, corrupt officers, cricketers, film >> actors, illegal sex trade and protected wildlife operators, to name just a >> few, sucked this country's wealth and prosperity. This may be the picture of >> deposits in Swiss banks only. What about other international banks? >> * >> Black money in Swiss banks -- Swiss Banking Association report, 2006 >> details bank deposits in the territory of Switzerland by nationals of >> following countries: >> * >> Top five* >> * >> India---- $1,456 billion* >> Russia ---$ 470 billion >> UK -------$390 billion >> Ukraine - $100 billion >> China -----$ 96 billion >> >> Now do the maths - India with $1456 billion or $1.4 trillion has more >> money in Swiss banks than rest of the world combined. Public loot since >> 1947: Can we bring back our money? It is one of the biggest loots witnessed >> by mankind -- the loot of the *Aam Aadmi* (common man) since 1947, by his >> brethren occupying public office. It has been orchestrated by politicians, >> bureaucrats and some businessmen. The list is almost all-encompassing. No >> wonder, everyone in India loots with impunity and without any fear. >> >> What is even more depressing in that this ill-gotten wealth of ours has >> been stashed away abroad into secret bank accounts located in some of the >> world's best known tax havens. And to that extent the Indian economy has >> been stripped of its wealth. Ordinary Indians may not be exactly aware of >> how such secret accounts operate and what are the rules and regulations that >> go on to govern such tax havens. However, one may well be aware of *'Swiss >> bank accounts,'* the shorthand for murky dealings, secrecy and of course >> pilferage from developing countries into rich developed ones. >> >> In fact, some finance experts and economists believe tax havens to be a >> conspiracy of the western world against the poor countries. By allowing the >> proliferation of tax havens in the twentieth century, the western world >> explicitly encourages the movement of scarce capital from the developing >> countries to the rich. >> >> In March 2005, the Tax Justice Network (TJN) published a research finding >> demonstrating that $11.5 trillion of personal wealth was held offshore by >> rich individuals across the globe. The findings estimated that a large >> proportion of this wealth was managed from some 70 tax havens. >> >> Further, augmenting these studies of TJN, Raymond Baker -- in his widely >> celebrated book titled 'Capitalism' s Achilles Heel: Dirty Money and How >> to Renew the Free Market System' -- estimates that at least $5 trillion have >> been shifted out of poorer countries to the West since the mid-1970. >> It is further estimated by experts that one per cent of the world's >> population holds more than 57 per cent of total global wealth, routing it >> invariably through these tax havens. How much of this is from India is >> anybody's guess. >> >> What is to be noted here is that most of the wealth of Indians parked in >> these tax havens is illegitimate money acquired through corrupt means. >> Naturally, the secrecy associated with the bank accounts in such places is >> central to the issue, not their low tax rates as the term *'tax >> havens'*suggests. >> > > > > -- > From: > Ganesh Puranik > > Wardha / Sindkheda (Dhule) / Mokhada (Thane) / Pandharpur / Varanasi / > Nagpur / Pune / New Delhi > > Let me not pray to be sheltered from dangers, but to be fearless in facing > them. Let me not beg for the stilling of my pain, but the heart to conquer > it...- Rabindranath Tagore > > > -------------------------------------------------------------------------------------------------- > Imp. 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