M.J. Akbar at PostGlobal

M.J. Akbar

India

Mubashar Jawed Akbar is a leading Indian journalist and author. He's the founder and editor-in-chief of The Asian Age, a daily multi-edition Indian newspaper with a global perspective and editor-in-chief of The Deccan Chronicle, a news daily based in Hyderabad. He has written books including Blood Brothers, Nehru: The Making of India, Kashmir: Behind the Vale, Riot After Riot, The Shade of Swords, and India: The Siege Within. Close.

M.J. Akbar

India

Mubashar Jawed Akbar is a leading Indian journalist and author. He's the founder and editor-in-chief of The Asian Age, a daily multi-edition Indian newspaper with a global perspective and editor-in-chief of The Deccan Chronicle, a news daily based in Hyderabad. more »

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The Power of One Percent

It's always the one percent that makes the decisive difference: the people beyond the reach of either oil or any well-oiled state machinery.

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All Comments (10)

JOAO DA ROCHA:

WE NEED SOVEREIGNTY, HOWEVER, TO FEED.

A retrospect of last the ninety (90) years in the ones of the one dimension of the advantages that the capitalist system left to provide to the world, on the contrary of the clamorous disparity that created between rich and poor, with the increase of the concentration of wealth.

Little more than 50% of the world-wide wealth are being usufructed for less than 3% of the universal population. A billion of people is almost living in state of subnutrição and malnutrition. The feeding always was relegated to a secondary plan, while world-wide the financial speculation did not leave to extend its jointed powers, in the oil, the Stock exchange and the Comodities, through the Tradings that more than control 80% of the Warehouses and Silos, in Brazil. E the world-wide governing still continue passive and tolerant with as many irregularities that they directly affect the daily life of billions of citizens. The speculators, unquestionably, are great responsible for the generation and the management of the crisis that some poor countries and in development are facing desumanamente.

In 1918, Vladimir Lênin, ahead of the Petrograd Soviet, worried about the abusive financial speculation, as she is occurring today, mainly with foods, suggested its abates impious, as she was facing herself and abating terrorist in a war field.

In recent interview, the president of Germany and former-president of the FMI, Kohler, charges of the agency that demands of the World-wide Central bankings, a more rigid regulation for financial the speculative system, as she charged Lênin has 90 years behind.

“For Kohler,” the wild search for profits, became the financial market in a monster that it quickly needs to be rank in the coleira'. Little capital and easy profits, without measuring consequences, for being if putting into motion freely, privatizing profits and socializing damages, and with immunity to any type of fiscalization, regulation or efficient control of the State, the monster comes growing and devorando the economy and the finances of the countries weakkest and becoming the stronger forts each time. Alert of the German president the sample that really is in the alias process of the governing to organize the Cartel that widely defends the primary interests of more than six (6) billion human beings. E the feeding is the main item. As it is is that the world cannot be.

We are seeing that until the proper general secretary of the OPEP, in well recent declaration, it condemned the speculators for the unjustifiable increases in the prices of the Oil. Germany, exporting greater and one of the five bigger world-wide economies, also have a great abyss between rich and poor and more than 20% of its population alone escape of the poverty because it receives I assist of the State.

Countries as Brazil, that has the biggest agricultável area of the world and responsibility with 184 million people, could never leave to lack, in abundance, the basic Rice and Beans and other foods in the table of the Brazilians. E we are seeing that on behalf of these two products, that can quickly be produced in entire Brazil, the Brazilian Central Bank justified the increase of half porcentual point (0.5%) in the Selic tax, causing, in nominal values, a cost the greater of more than R$ 6.000.000.00 (six billion) in the consolidated debt of the National Treasure.

With an immediate availability of appropriate areas for the plantation of the rice, the beans and other agricultural products, the Government never will decide the problem of the production of foods and other goods, if to continue adopting the politics of raised interests to contain the access to the consumption of a population that in its majority already is poor. The United States, countries of the European Union and Asia, on behalf of the world-wide crisis, are paying to never superior agios 1% for the clod roller of its debts and here, without crisis, the agio that we pay is of 7%. Statistical data of the Brazilian economy in show them clearly that in last the 30 years, the Brazilian government used the primary surplus of many billions of Reals, generated with the sacrifice and sweat of millions of Brazilians, to feed world-wide the financial speculation, in detriment of the production, the job and the income.

With all the billions of Reals of primary surplus, with the increase of the US$ exportations 73 billion in 2003 for US$ 160 billion in 2007, the Movable debt of Brazil passed of US$ 734 billion, in 2003 for more than R$ 1,200. trillion in 2007. Soon, the prescription of the highest interests to contain the inflation, stimulates the speculation, it sacrifices the production and it comes benefiting the concentration of wealth and becoming the poor persons poor and the IPEA it can and it must show this reality in last the 30 years. We are seeing the growth of the indebtedness of the Nation and that it is not reflecting directly or indirectly benefits in more roads, hidrovias, more railroads, ports, urban collective transports of quality and a infinity of other services, as education, health and basic sanitation and job for the young.

Soon, before if divulging the importance of the creation of a Deep Sovereign, to guarantee job, income and consumption in other countries, we must think seriously about amortizing and reducing the financial incubencies on our debt, that must pass of US$ 180 billion Reals, to the year, coming back part of these resources toward the financing of the industry, the production of the Rice, the Beans and too much products that never must lack in the table of all the Brazilians. After all, Brazil, of continental dimension, not yet has alimentary sovereignty much less, resources sobrando to apply in a Deep Sovereign.

Venkat:

Unfortunately, I am not a member of the RSS (wish I was) and unlike Opus Dei or the Republican Party of USA or any church funded party in the West RSS is a clean organization that stands for the Traditions and cultures of the BAkhand Bharat and is very proud of the only religion on Earth (the rest are merely cults pretending to be religions).

Your comments go to show why the Xians and Momins who are at each other's throats in the rest of the world have joined hands together in India. Is Quran a manual of how to conduct peace?

Venkat:

Unfortunately, I am not a member of the RSS (wish I was) and unlike Opus Dei or the Repubcilcan Party of USA or any church funded party in the West RSS is a clean organization that stands for the Traditions and cultures of the BAkhand Bharat and is very proud of the only religion on Earth (the rest are merely cults pretending to be religions).

Your comments go to show why the Xians and Momins who are at each other's throats in the rest of the world have joined hands together in India. Is Quran a manual of how to conduct peace?

Barry O'Toole:

Venkat, do you belong to the RSS or any other limb of the 'Parivar'?

Venkat:

It should read Postglobal and not Transglobal

Venkat:

It should read Postglobal and not Transglobal

Venkat:

This chap Akbar, a left behind paki, (will Pakistan be kind enough to accept him?) is no representative of Indian opinion, he echoes only the terrorists manual (that attracts Sections 153A and 295A of the I.P.C. because it incites violence, disturbs public tranquility, promotes, on ground of religion, feelings of enmity, hatred and ill-will between different religious communities, and insults other religions or religious beliefs of other communities in India) viewpoint and couches it in verbal niceties. The other two are (monotheism) establishment journalists (Swaminathan and Gupta) and they earn tons of money by voicing the opinion of their masters across the seas/land resply. Please dump them. Honest and fearless Columnists that represent real India are Arun Shourie, Cho Ramaswamy and S. Gurumurthy. Will Trans Global throw these scums out and bring in those fearless columnists?

JOAO DA ROCHA:

CONSIDERAÇÕES GERAIS SOBRE A IMPRENSA E O BRASIL

Porque a imprensa, sem excessão, quando fala em juros americanos, se omite propositadamente em revelar os valores porcentuais desses juros, em todas as modalidades de empréstimos ou financiamentos de curto e longo prazos ?. É medo de comparar com os juros reais praticadas pelo Banco Central do Brasil?. Os EUA pagam, hoje, remuneração para os seus títulos de até 10 anos, juros que não passam de 2,5% ao ano (Bonds) e, acima de 10 a 30 anos, pouco mais de 4% ao ano. E, na pesquisa google - Bancos Centrais do Mundo - você vai ver que o Brasil, em situação privilegiada e economia saudável em relação ao restante do Mundo, é lamentavelmente uma liderança no pagamento da maiores taxas Juros. E, o G-20, em nome da Crise, ao invés de aumentar, está pagando os menores ágios do mundo. Para uma dívida de 9,5 trilhões de US$ , os americanos estão pagando juros anuais de mais ou menos US$ 320 bilhões e, o Brasil, com somente 7,5% da dívida americana, paga juros de quase US$ 100 bilhões anuais ou seja, um terço dos juros pagos pelos EUA. Como pode não existir denúncia para tamanha anormalidade ?.
A imprensa, quando falar em juros altos americanos, para a rolagem da sua dívida, para esclarecer melhor o leitor, deveria mostrar os valores porcentuais, inclusive comparando as taxas americanas com as taxas Brasileiras.

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COMO MAIOR ÁREA ARÁVEL DO MUNDO, NÃO PRODUZIMOS, NO BRASIL, ARROZ E FEIJÃO PARA ATENDER O MERCADO INTERNO.

Veja que somente a incompetência de uma Equipe de Governo, é capaz de não enfrentar e sanar os problemas que afetam diretamente as necesidades primárias do cidadão(ã). Como o maior celeiro do mundo, não estamos sendo capazes de produzir alimentos suficientes para alimentar o nosso povo.

China e Índia produziram em 2007, 580 milhões de toneladas de Arroz ( O Brasil, 11 milhões); produziram 200 milhões de tonelas de Milho ( O Brasil, 55 milhões) e 210 milhões de toneladas de Trigo ( O Brasil, 4 milhões de toneladas). E o Banco Central, para manter a taxa Selic, como a mais elevada do mundo ( Bancos Centrais do Mundo - consulta google) usa os alimentos como responsáveis por tal aberração.

O país gasta R$ 15 bilhões mensais com juros ( um Pac anual a cada mês), R$ 500 milhões dia, mas não tem dinheiro suficiente para implantar um transporte urbano de massa e de qualidade; milhares de pobres ainda pagam escolas privadas do ensino fundamental, por falta de vagas nas escolas públicas; milhões de brasileiros não tem um teto dígno para morar e, por aí ..vai.

E com um rastreamento de somente 20 anos passados, iremos constatar que bilhões de reais do Tesouro ( do povo) foram gastos com projetos de irrigação em quase todas as regiões do país. E para que ou para quem estão servindo ?

O povo brasileiro, abençoado por Deus, não pode deixar que os governantes continuem gastando o seu dinheiro sem uma criteriosa análise de custo/beneficio, além de uma rigorosa fiscalização nas aplicações. As estatísticas são meios, não fins.Os Internautas podem ajudar o país a sair da letargia e partir para exigir do governo o aumento na produção de grãos, que atenda à demanda interna e exportações

JOAO DA ROCHA:

SERÁ QUE O GOVERNO BRASILEIRO QUER ESCONDER OS LUCROS DOS BANCOS... Para justificar e ao mesmo tempo esconder os fabulosos lucros dos Bancos,prestadores de serviços, com a maior rentabilidade do mundo, em relação ao patrimonio líquido, o Banco Central já busca criar, conforme noticiou a imprensa, um Fundo de Reserva, nos Bancos, para suposto RISCO ...E essas reservas, embora continuassem gerando riquezas no próprio sistema, seriam deduzidas dos Lucros e, portanto, do Imposto de Renda a pagar ao Tesouro.E olha, se realmente for adotada essa medida protecionista e incabível, que pode causar bilhões de reais em prejuizo ao Tesouro ( ao povo) Nacional, seria o caso de se analisar até a criação de uma CPI do Sistema Financeiro,mas que apresentasse resultado em defesa dos interesses maiores da Nação. Os abusos já passaram do limite e o povo é frágil e tem ferramenta da época da pedra lascada para reagir contra tudo isso de sofisticação, aprimporamento e capacidade de descapitalizar um país. Para todas as medidas que beneficiam Bancos e com iniciativa do BC, os resultados sempre foram imediatos. Já as medidas que poderiam beneficiar correntistas, investidores,como redução nas taxas de juros e de serviços bancários, etc.,precisam de longa maturação, como sempre diz o mesmo Banco Central, nós acreditamos e porque ? Será que com uma estrutura tão cara e mantida com suados recursos do Povo, o Banco Central e mais algumas Agências Reguladoras irão continuar esquecendo de cumprir o seu verdadeiro papel ? Apresentando tanto lucro e pouca responsabilidade com o social, o sistema financeiro nacional deve estar sendo, nesse momento, o grande atrativo e cobiça para o capital especulativo internacional aportar aquí no Brasil. Porque EUA, UE e Ásia, não tem mais espaço e ágio criminoso para esse capital volátil que a cada dia e através da imprensa mundial e especializada, vem implantando uma série de notícias, para a fabulosa colheita de ganhos nunca vistos. Será que o Governo está realmente enxergando isso ou a miopia é nossa?. E a selic de 11,25% já não está mais agradando a esse capital voraz e APÁTRIDA, embora o BC não torne público os juros que hoje está pagando para a rolagem de dívida. Já pagamos, através do Tesouro Nacional, nos últimos cinco anos, mais de 700 bilhões de reais em juros e mais de R$ 500 milhões de reais ao dia, em 2007, para alimentar esse capital que não trás produtividade, emprego, renda e consumo.E esse desembolso diário, é sòmente com a dívida de R$ 1,3 trilhões. E o Banco Central já esclarece que a dívida irá crescer entre R$ 180 a 240 bilhões em 2008, passando para R$ 1,48 a 1,54 trilhões. E os juros diários passarão para mais de 600 milhões de reais. Porque continuar culpando o Arroz, o Feijão, o funcionalismo, os aposentados e as justas correções salárias, se o culpado está bem visível e trabalhando na impunidade absoluta? Presidente Luiz Inácio Lula da Silva, já está pasando da hora de um basta em tantos privilégios aos sistema financeiro e que só direciona recursos para os financiamentos de Curto Prazo, incluindo os papéis do Governo,como a principal mina de ouro.Presidente, pense no País, como sempre o fez.Não deixe que o Brasil se torne no grande e imenso paraiso fiscal para o deleite da agiotagem internacional. Poder, o senhor tem.E que DEUS continue a nos abendiçoar.

mohammad allam:

You are right sir.But without these one percent no nation can move ahead.It is history which tells us that one percent is important bcause these one percent constitute the elite leaders of the society.They are defeated but win and circulate like electron in gallary of power.
The defaet is not a defeat of left or socialism but defeat of a man who wants to be socialist dictator.

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