Here are a few (almost) random points…
Can Swami (of Swaminomics) explain to me in simple enough terms the following phenomena:
1.1 If, at the most basic level, stock investments are done by keeping in view the earnings through dividends, how come Bajaj Auto shares used to be traded at more than 100 times or so during Indira Gandhi’s rule?
1.2 Similarly, for the other cases, in today’s context.
1.3 Clarification: I am not for greater control to rectify the situation.
1.4 There is a dominant streak of pragmatism in every “pro-business” “defence” which I would rather someone exposed—without proposing more government interventions.
1.5 Indeed, I think the extent that the market is overpriced precisely serves to reveal the extent of the government intervention in economy.
More on economics, later… I have an idea for modeling of certain kind of basic economic issues.
2. Sathya Sai Baba:
So much has been written about him that his case has thrust itself into being a curiosity for me for quite some time. … I wouldn’t mind visiting his Puttaparthi ashram (or some place similar) provided he can talk to me on a 1:1 basis. And it would be OK even if this occurs in front of thousands or lakhs; I hardly care for that aspect. But should his weighty followers and he himself at all come to thinking of allowing this to happen, here are the opinions (or the “baggage”) with which I would go to him:
2.1 First and foremost, I don’t believe that he is a reincarnation of the Sai Baba of Shirdi, full-stop. From what I have read of the original Sai Baba, this claim is a complete impossibility—regardless of whether Hirabai Badodekar (and the then Rashtrapati Bhavan) agree with my assessment or not, and whether APJ Abdul Kalam, Shankarro Chavan, Ashok Chavan, Shivajirao Patil Nilangekar, Jayant Patil, Sonu Nigam, Sachin Tendulkar, Suchitra Krishnamurthy agree with me or not.
2.2 I don’t agree with his critics that all he is can be reduced to a few magicians’ tricks. (And, I don’t concern myself with everything that has ever been written, said, or suspected about him on the Internet or on the BBC.)
2.3 He might have some spiritual powers and he could possibly be using it in a way that his followers feel blessed, or at least, relaxed. … Not enough of a reason to take his claim of being Shirdi’s Sai Baba very seriously.
2.4 I am not a materialist in the tradition of the so-called “rationalists” of India (the leftists and left-leaning intellectuals included).
2.5 He shouldn’t expect me to even bow down to him as a precondition of my meeting with him. If he can meet me, as I said, one-to-one, I am eager to talk to him. It won’t take even five minutes for me to place him better (than what I have above) in a personal meeting.
2.6 And, oh yes, I wouldn’t at all mind bowing to him in a manner befitting his place should he want to see me. The point is: He should not mistake my physical bowing with anything else—esp., my acceptance of all his ideas and all his claims—that’s all. Indeed, I would be very neat, just like all his followers, should I go and see him.
3. Indira Gandhi
It’s remarkable that post-Vajpayee years, remembering her is, on the whole, a subdued affair. … I mean I didn’t see full-page photos in the newspapers, and there weren’t huge cut-outs towering over buildings either… All this was welcome, in a way. After all, there still is a huge gap left between remembering her and remembering Lal Bahadur Shastri.
And, BTW, I really can’t remember her without also remembering Durgabai Bhagwat—the real iron lady between the two, if you ask me. … Again, it’s not that I agree with every position that Bhagwatbai ever took in her life… [And, is issuing such clarifications really necessary?] But, as far as I am concerned, Bhagwat’s principled defence of Freedom during those difficult years of Emergecy was enough for me to conclude that this, in fact, was actually the case….
And, indeed, what quote could they at all find to bring out the supposed “greatness” of Indira in those recent newspaper ads? If you read through it, it’s plain and obvious that such quotes could fit in the mouth of any third-class dictator in any of the third-world countries—all that the speech-writer would need to have is some education in one of those Christian missionary schools, and he would be well on his way to utter what Indira Gandhi, we were especially seriously reminded, did!
Which brings me to another sub-point: Has Barkha Dutt lost her original fire these days? … First, there was this change of the mix of topics as soon as they had that deal with MSNBC or NBC or so. That, by itself was bad already… I mean, Barkha would get the heat up on some topic, and suddenly that entire topic of discussion would get mixed quite incongruously (and in following with all the worst trends of the Tame Americans) with some other topic that was decidedly luke-warm. (Luke-warm, mind you. Not cold.) … And then, in such a process, the whole tempo of that hot topic would be entirely lost. Plus, they also reduced the time spent actually debating—not just the content but also the format… All this was bad by itself… But then, esp. since her becoming a Padmashree or so, this lady seems to have lost that fire to confront the government uncomfortably that she used to have. … Or is it the case that she was a Congresswoman in disguise all the time, and that we saw that side of hers only because BJP+ was in power? Any thoughts, Barkha?…
Not that she should be the hanging point for all our worries… That’s not the idea here. If she is tired or bored out of fighting it out, she is entitled to a rest… But then, the decent way to do this is to retire from all that debating—not to dilute it to the extent that one doesn’t even feel like turning the TV on Sunday evening at 8 PM…
– – – – –
Some of the songs that I like:
(Hindi) “yehi woh jagah hai, yehi woh fizayen..”
Singer: Asha Bhosle
Music: O. P. Nayyar
[… More, later!]