
I'll be over there in my corner, smoking my pipe in my armchair. Those with offerings and other goodies, please queue up and be orderly, everybody will get their turn.
Those who know do not blog
Those who blog do not know
-- Lao Tzu

If there was a fortune to be made at the bottom of a sack of shit, Blair would dive in head first (having been given a helpful push by his wife).I have written about this before, but it's time to remind folks that there is another side to the story, in light of all the clueless people at the letters to the editor section at The Hindu who insist on rhapsodising about her sainthood:
Quick pLisp update: pLisp is now much more liberal with respect to symbol names: almost any character is acceptable, except for ten or so 'special' ones like backquote, comma, double quotes, and so on. This has resulted in the added benefit of doing away with things like LET1 and CALL-CC and going with the more standard LET* and CALL/CC. Also, built-in functions like + and CAR can now be used wherever user-defined functions can be used, e. g., as arguments to APPLY and FUNCALL. This was achieved by creating user-defined wrapper functions for the built-ins; profiling indicates that there isn't much of a performance hit because of this additional indirection.
...It's not going to sustain itself. So, you know the Germans have this thing that we don't want it to become a transfer union. What do you think you're in? Right? At the end of the day, you're transferring labour, skills, responsibilities, it goes with the gig. And you did an undervalued exchange rate by having your super-efficient economy buried in all these less-efficient economies so that you can sell more BMWs to the Chinese.And this has relevance to what I mentioned yesterday about allowing malls to be open 24 hours a day (as in, this is the argument you should be using, and not the dishonest and cynical stuff):
Here's the problem: What do you mean by reforms? Some abstract notion that you should get into the pharmacy monopoly. Let's fuck pharmacists. I can now buy my meds over the counter in a supermarket which got deregulated hours so it's cheaper so we can all buy drugs at ten o'clock at night. Please tell me how that invigorates an economy that has lost 30% of its GDP. This is a fantasy.
Why not be upfront about the real reason, i.e., "Our business and profits will be at risk if this act is passed"?CAIT national president B.C.Bhartia and Praveen Khandelwal maintained that allowing shops and establishments freedom to operate on a 24/7 basis would have a detrimental impact on the traders. Their case is that it would have repercussions on law & order, environment, health, social and family issues.
Sentiment was supported by lower-than-expected U.S. April non-farm payroll numbers, as it meant the Fed would take longer time [sic] to raise interest rates.That's right, there's bad news on the economic front in the US, so their central bank is going to defer the rate hike, so it's good news for the Indian stock market because it's good news for the American stock market because of the continued maintenance of higher liquidity conditions there. Or, is it that the rate hike deferral means that emerging markets continue to be attractive to overseas investors? I don't know man, by now I don't know whether I'm coming or going.
MF records list Indira as a shareholder in Stanbridge Company Ltd, which was incorporated in 1999 in the BVI. Records show that shares of the older couple were transferred to their daughters in 2011 and eventually, in October, 2011 Malika Srinivasan relinquished her shares “for personal reasons” to one Ved Prakash Ahuja. They also show that shares of another BVI entity, Auto Engineering Development and Research Limited, were transferred to Stanbridge. MF records show the company was struck off the records in September 2015.MF records list Indira as a shareholder in Stanbridge Company Ltd, which was incorporated in 1999 in the BVI. Records show that shares of the older couple were transferred to their daughters in 2011 and eventually, in October, 2011 Malika Srinivasan relinquished her shares “for personal reasons” to one Ved Prakash Ahuja. They also show that shares of another BVI entity, Auto Engineering Development and Research Limited, were transferred to Stanbridge. MF records show the company was struck off the records in September 2015.
Response: Mallika Srinivasan stated: “I wish to clarify that I did not set up any offshore company and have no connection with Stanbridge Company Limited. It belongs to Mr V P Ahuja, an NRI…”
- See more at: http://indianexpress.com/article/india/india-news-india/panama-papers-india-part-1-list-garware-shishir-k-bajoria-harish-salve/#sthash.sR7w21QE.dpuf
Response: Mallika Srinivasan stated: “I wish to clarify that I did not set up any offshore company and have no connection with Stanbridge Company Limited. It belongs to Mr V P Ahuja, an NRI…”
Light winds are expected. A partly cloudy sky over the district. A cheerful morning. A delightful afternoon. An easy night.In this time of 'Make in India' and the focus on local employment generation, it is highly condemnable that The Hindu have outsourced their weather forecast production to crumpet-eating, tea-drinking, monocled gents enjoying the pleasant English summer at Blandings Castle. Harrumph.
It was an interesting ride, in an odd way. I travel a lot, like most people in my line of work, and I’ve ridden top-of-the-line automated light rail systems in New Beijing and Brasilia. I could tell at a glance that the streetcar I was on cost a small fraction of the money that went into those high-end systems, but the ride was just as comfortable and nearly as fast. There were two employees of the streetcar system on board, a driver and a conductor, and I wondered how much of the labor cost was offset by the lower price of the hardware.Leaving aside the argument of whether automation and technological advances are going to lead to large-scale unemployment, I'm going to focus on more practical things -- namely, traffic signals. There is a signal at an intersection on my daily commute that's not been working for, I don't know, at least a couple of years (its work is being done by its smaller sibling that is barely visible among the various obstructions that the Chennai road landscape is known for, but that's another story). The most likely reason for this organizational apathy and, possibly, lack of funds. Now things are only going to become worse from here on, with the global economy marching firmly down the deflationary path, and purse strings are unlikely to be loosened locally either, once we too are caught up in the downward spiral.
Well nothing in and of itself, except that I created it from another paragraph (hat tip to Mish) by replacing exactly four words (two proper nouns and two numbers). As Redditors would say, mildly interesting.Although India was secularized at the official level, religion remained a strong force at the popular level. After 1990 some political leaders tried to benefit from popular attachment to religion by espousing support for programs and policies that appealed to the religiously inclined. Such efforts were opposed by most of the state elite, who believed that secularism was an essential principle of Nehruvian Ideology. This disinclination to appreciate religious values and beliefs gradually led to a polarization of society. The polarization became especially evident in the 2010s as a new generation of educated but religiously motivated local leaders emerged to challenge the dominance of the secularized political elite.
The report Sergey Glazyev prepared for the Russian Security Council (it's leaked text and purportedly contains deliberate injections of falsehoods, so take it with a pinch of salt). Expands on the interview I had mentioned earlier. Serious brain food. I have a good mind to put together the tables in Appendix 5 for India.
A pity the content at The Saker has become more and more diluted, with original analysis by Saker in what, one out of every twenty posts. Makes one miss out on stuff like the 'War on Syria: Not According to Plan' series by Ghassan Kadi. Mandatory reading for anyone who wants to go beyond the usual lame analysis (he could have avoided the use of 'NWO' to talk about the post-1991 period, and also gone easier on the pro-Assad bits, but good stuff nonetheless).