Saturday, June 6, 2009

Month of May-June 09

Elections 09: What an election it was!!!!!!! India wants Congress to rule. People had given the verdict. An election which said 'BJP to change its policies' and given a good drubbing to Left. In that sense, yes, it is a good election for congress to win. Youth!!!a factor that played out truly in this election. Rahul Gandhi has really come out triumphs in this election. Relentless campaign in Hindi Hearland. UP has backed congress after 1994, first time congress has won more than 15 seats that too without any allies or support. UP has said that they want congress not SP or Mayawati.. it is good in a sense that people are realising that Caste and Muslim politics is not bringing them 'their cup of tea'!!!!!. Manmohan Singh has become the PM once again, which is good for india. He has created a record of sorts that, the first congressman to be re-elect to the august seat of PM (Leading the country) after Nehru. Eventhough he is from the Upper House, he is the best man at this time to lead the country. In Tamilnadu - surprise results for lots of people. Nobody, even DMK would not have thought they would win this time. With Karunanidhi himself not campaigning effectively, only addressing two rallies, DMK were able to pull of an Amazing win. Lots of theories and stories are floating around Money Power, Mis-use of Govenment machinery. Once again he has played 'Family' card to get the cabinet seats for his sons and daughters. But this time his 'show of defiance' didn't earned much fruit and only azhagiri and dayanidhi maran got cabinet ministers. No T.R. Balu this time - i think which is a good one. No Kanimozhi this time. But surprise that A. Raja got the IT ministry - maybe spectrum is still helping Raja. A good experienced council of minisers with new faces. Shashi Tharoor has minister of Stare in External Affairs with SM Krishna leading the minstry. Let's see how Manmohan is doing - expectations are more with No Left to stall his policies.

IPL: What an IPL it turned out to be. Last time minnows (IPLI - last placed team and the penultimate placed teams) played out the finals and Deccan won the Trophy. IT was a great turnaround for that team. Even for Bangalore Royal Challengers - kumble did this team a great turnaround. Matches played with good crowd and Lalit Modi at the end of the day has a winner. It was a good success too!!! Hats off to the people who had managed to bring a spectacular tournament in 15 days time... Fancied teams like Mumbai Indians, Delhi Daredevils , Chennai superkings all bite the dust. Good the tournament.

International: Crisis for Gordon Brown. With Ministers resigning, Expenses scandal throwing Labour party into crisis after crisis. MP's and Ministers not able to cope up with the immense media pressures, scandals and speculations - Labor party is going deeper into - well below the ratings on par with Liberal (that 3rd) with conservatives gaining more than 30 percent. Labour party has faced a drubbing the recently held counties election. US - GM has filed chapter 11 bankrupcy - what a fall. This economic crisis has made such a mockery of the institutions in financial, automobile and other industries. But GM filinf the bakruptcy has taken the cake.. US has an industry nation has fallen from the grace. Weaker Dollar and weakening economy in the US - 12.3 percentage of Debt to the GDP running into 1.2 trillions of dollar. But expers are saying that the worst of Economic Recession has reached - it has been bottomed out. But the signs are not there, Japan, Europe all are still feeling the pinch. Toyota has reported loss in 18 years of its history. Now Oil price is increasing, gold is increasing, exchange rates are appreciating. Let;s see. UAE is going from Inflation to Deflation...