Monday, September 29, 2008

The US Economy

Subject: The US Economy

Marc Faber comment on US economy.

Investment analyst and entrepreneur Dr. Marc Faber concluded his monthly
bulletin (June 2008) with the Following:

''The federal government is sending each of us a $600 rebate. If we
spend that money at Wal-Mart, the money goes to China . If we spend it
on gasoline it goes to the Arabs. If we buy a computer it will go to
India . If we purchase fruit and vegetables it will go to Mexico ,
Honduras and Guatemala . If we purchase a good car it will go to Germany
. If we purchase useless crap it will go to Taiwan and none of it will
help the American economy. The only way to keep that money here at home
is to spend it on prostitutes and beer, since these are the only
products still produced in US. I've been doing my part.'

--
Regards

M.S.Wadhwa
Mumbai
+ 91 9867564482
+ 91 9833870954

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About us:

One day in 1982, while we all got together, coming from various parts and corners of India, even from far off lands like Iran, Maldives and Ethiopia; at this great training ship tied to the bustling point of Mumbai - The Ferry Wharf - ala Bhaucha Dhaka...we soon amalgamated into a group of determined young men ready to face the vagaries of life as revealed on the deep blue seas. Today, we are scattered around the globe: Some are still commanding a diverse fleet of ocean going ships ranging from LNG/LPG tankers to 'good ole cargo ships', some are at the helm of top cadre ship management, ship chartering, ship brokering, and various other marine related work fields. While some more enterprising friends ventured into unfamiliar fields, excelled and made us all proud....Now the effort is to get us all together. All those who are not linked over the years...all those who have witnessed life unfolding itself in it's own unique way. Let's all share it amongst each other and continue to nurture the strong foundation of our friendship and brotherhood, let's all bring more smiles and happiness as we traverse this journey of life. We came together, shared and cared for each other then and continue to do so till date. May our tribe increase! And last but not the least...let's all remember those 'dear friends' whom we somehow lost on the way....May the Lord Bless them with Eternal Bliss. Few Ode's to our friendship: Nothing is great like friendship on earth, No jewel No pearl has got its worth. No one except a friend can be trusted; Your life will never ever get rusted. Good friends must not always be together; it is the feeling of oneness when distant that proves a lasting friendship.

History behind Rajendra name

Rajendra Chola was a chola king who reigned the southern India between 1014-42 and during his time extended his empire to Sri Lanka, Mayanmar, Malaya, Indonesian islands . During his reign the kingdom was called the "Golden Age of Cholas." The greatest of Indian monarchs who dreamt of ruling over overseas territories were undoubtedly the splendid Chola father-and-son, Rajaraja and Rajendra. Thanks to their imperial energy and unprecedented vision, the Cholas dominated the amorphous maritime empire of the Sailendras for nearly a century. As Balram Srivastava observes in Rajendra Chola: 'The Chola navigators supported the Indian colonies in the far east and established a firm rule of the Cholas in Sri Vijaya. Their success nearer home, in Sri Lanka, was also splendid. They crossed the sea between India and Sri Lanka so often that it became a lake to them. Rajaraja's adventures may be dismissed as having happened within the extended coastal waters of India. But his son Rajendra was a true conqueror of overseas territories. Says Dr. K.V. Hariharan in The Chola Maritime Activities in Early Historical Setting: 'Of the most notable was Rajendra Chola's naval expedition against Kadaram. In this expedition, he defeated a king named Sangama Vijayottungavarman, the king of Kataha, belonging to the Sailendras of Java. The territories wrested by the Cholas from this king consisted of the extensive kingdom of Sri Vijaya, which at one time included Sumatra and Java, with its capital at Palembang. Not only did Rajendra's army sack Kadaram and the Sri Vijaya capital, but it also took the Sri Vijaya king Sangrama Vijayottungavarman captive. The kingdom was restored to him only after he acknowledged Chola suzerainty. Tamil inscriptions recovered from the region show that there was Chola military presence till at least 1088 in the Malay archipelago. There is evidence to show that the king of Kambujadesa (modern Cambodia) sent a chariot to the Chola, probably to appease him so that his strategic attention does [sic] not extend further than the Malay peninsula. After his death the Chola kingdom began to decline. One can say that the first major shipping activity or trade activity through the sea with china was during the reign of King Rajendra chola.

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4570 Aidasani, S. saidasani   4594 Bose. B. bbose
4571 Ajay Kumar ajaykumar   4595 Chaudhary. N. K. nkchaudhary
4572 Alok Kumar alokkumar   4596 Chopra. S. schopra
4573 Angadi. N. t. ntangadi   4597 Crasto. O. J. ojcrasto
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4575 Arbind. Kumar arbindkumar   4599 Demta. K. K. kkdemta
4576 Arya. D. darya   4600 Dhanu. H. R. hrdhanu
4577 Atul Kumar atulkumar   4601 Dhingra. T. K. tkdhingra
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4582 Bector. S. sbector   4606 Grover. H. hgrover
4583 Bhair. A. K. akbhair   4607 Gupta. A. agupta
4584 Bhakta. B. K. bkbhakta   4608 Gupta. M. G. V. mgvgupta
4585 Bhakta. D. P. dpbhakta   4609 Gupta. S. sgupta
4586 Bharti. S. sbharti   4610 Halder. S. K. skhalder
4587 Bhat. R. P. rpbhat   4611 Hira. S. K. skhira
4588 Bhatnagar. S. sbhatnagar   4612 Jaiswal. S. K. skjaiswal
4589 Bhatt. S. sbhatt   4613 Jha. A. K. akjha
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4618 Kamble. A. J. ajkamble   4642 Pandey. N. npandey
4619 Kandhari. R. K. rkkandhari   4643 Pandey. N. B. nbpandey
4620 Kapur. S. skapur   4644 Pangtey. L. S. lspangtey
4621 Khanna. S. skhanna   4645 Pangey. M. S. mspangey
4622 Khare. P. pkhare   4646 Pardeshi. R. K. rkpardeshi
4623 Kunumal. S. G. sgkunumal   4647 Pradhan. A. R. arpradhan
4624 Lakra. D. dlakra   4648 Pradhan. N. R. nrpradhan
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4626 Mahlawat. J. S. jsmahlawat   4650 Raj. K. kraj
4627 Mandal. S. K. skmandal   4651 Rajkumar. M. N. V. mnvrajkumar
4628 Mathur. P. K. pkmathur   4652 Rastogi. A. arastogi
4629 Mavinkurve. S. S. ssmavinkurve   4653 Rastogi. R. rrastogi
4630 Mehra. A. B. abmehra   4654 Rattan. M. P. mprattan
4631 Mehwala. S. smehwala   4655 Roy. B. S. bsroy
4632 Mendirata. N. nmendirata   4656 Roy. A. P. aproy
4633 Mitra. C. K. ckmitra   4657 Ruchir. Kumar ruchirkumar
4634 Modal. A. K. akmodal   4658    
4635 Mondal. T. tmondal   4659 Sagar. T. tsagar
4636 Nagaokar. K. G. kgnagaokar   4660 Saksena. S. ssaksena
4637 Narendra Kumar narendrakumar   4661 Sandeep. Kumar sandeepkumar
4638 Naskar. N. K. nknaskar   4662 Sanjay Kumar sanjaykumar
4639 Noronha. V. P. vpnoronha   4663 Sarkar. S. ssarkar
4664 Sathaye. R. R. rrsathaye   4688 Singh. Raghvendra raghvendrasingh
4665 Saxena. N. nsaxena   4689 Singh. Ranjit ranjitsingh
4666 Sharat Kumar. G. gsharatkumar   4690 Singh. S. ssingh
4667 Sharma. A. K. aksharma   4691 Singh. S. K. sksingh
4668 Sharma. D. K. dksharma   4692 Sinha. S. ssinha
4669 Sharma. J. jsharma   4693 Sivasailam. V. vsivasailam
4670 Sharma. S. ssharma   4694 Soares. K. J. kjsoares
4671 Sharma. S. K. sksharma   4695 Solanki. I. isolanki
4672 Sharma. Sudir sudirsharma   4696 Subudhi. S. K. sksubudhi
4673 Shashi. Pal shashipal   4697 Sud. M. K. mksud
4674 Shekar. K. kshekar   4698 Suresh Kumar sureshkumar
4675 Shively. M. mshively 4699 Telang. B. P. bptelang
4676 Shri Prakash shriprakash   4700 Tewari. K. K. kktewari
4677 Shrivastava. V. vshrivastava   4701 Thakur. A. K. akthakur
4678 Sikdar. R. rsikdar   4702 Topno. A. D. adtopno
4679 Sikdar. S. K. sksikdar   4703 Tudu. S. C. sctudu
4680 Singh. A. P. apsingh   4704 Vadehra. A. avadehra
4681 Singh. G. gsingh   4705 Varma. M. R. mrvarma
4682 Singh. I. J. ijsingh   4706 Verma. A. K. akverma
4683 Singh. J. jsingh   4707 Bijan. H. hbijan
4684 Singh. P. psingh   4708 Hamid. A. ahamid
4685 Singh. P. K. pksingh   4709 Hazrat. Gholi. E. hazratgholie
4686 Singh. R. rsingh   4710 Mansour. G. gmansour

4687

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4711

 Masood. Z. A. zamasood
     
4712 Adhikary. P. R. pradhikary   4737 Sarkar. S. K. sksarkar
4713 Agarwal. R.K. rkagarwal   4738 Sarna. P. psarna
4714 Diwakar. Rao. A. adiwakarrao   4739 Sawardekar. P. G. pgsawardekar
4715 Biswas. N. K. nkbiswas   4740 Sengupta. R. rsengupta
4716 Chakraborty. S. schakraborty   4741 Singh. A. K. aksingh
4717 Chhabra. K. S. kschhabra   4742 Singh. Anil Kr. anilkrsingh
4718 Ghildyal. S. sghildyal   4743 Singh. J. P. jpsingh
4719 Jha. A. K. ajha   4744 Singh. M. K. mksingh
4720 Kannan. M. mkannan   4745 Sinha. A. K. aksinha
4721 Kanojia. K. K kkkanojia   4746 Sinha. Sudhanshoo. sudhanshoosinha
4722 Karmakar. S. skarmakar   4747 Sood. V. vsood
4723 Kaushal. S. skaushal   4748 Srivastava. A. P. apsrivastava
4724 Khanchandani. D. dkhanchandani 4749 Sundaram. K. R. krsundaram
4725 Khanijo. S. skhanijo   4750 Suvesh suvesh
4726 Kongara. N. S. P. nspkongara   4751 Tigga. A. atigga
4727 Mohan Kumar mohankumar   4752 Tripathi. A. atripathi
4728 Navneet navneet   4753 Tyagi. S. styagi
4729 Orpe. M. M. mmorpe   4754 Venkatesh. R. rvenkatesh
4730 Perti. R. rperti   4755 Yashpal Singh yashpalsingh
4731 Rajagopalan. S. srajagopalan   4756 Abayeneh. D. dabayeneh
4732 Ranjan. P. pranjan   4757 Alem. H. halem
4733 Rath. P. S psrath   4758 Eyasu. G. geyasu
4734 Ray. S. K. skray   4759 Alam. M. K. mkalam
4735 Sanjeev Kumar sanjeevkumar   4760 Roy. U. S. usroy
4736 Sarin. P. psarin   4761 Amir. Saman. T. samantamir
     
4762 Amaresh Kumar amareshkumar   4787 Madan. R. K. rkmadan
4763 Arora. V. K. vkarora   4788 Mishra. H. K. hkmishra
4764 Basu. M. K. mkbasu   4789 Mishra Sanjoy Kr. sanjoykrmishra
4765 Bhartia. H. K. hkbhartia   4790 Mishra Saroj Kr. sarojkrmishra
4766 Biswas.D. K. dkbiswas   4791 Mittal. S. smittal
4767 Chatterjee. A. achatterjee   4792 Mhaisale. S. M. smmhaisale
4768 Dastidar. D. ddastidar   4793 Mohan. S. smohan
4769 Goswami. A. K. akgoswami   4794 Naithani. S. C. scnaithani
4770 Guglani. R. rguglani   4795 Nawani. N. nnawani
4771 Gupta. R. rgupta   4796 Pandey. V. vpandey
4772 Jain. N. K. nkjain   4797 Panwar. T. S. tspanwar
4773 Mishra. S. smishra   4798 Prakash. M. mprakash
4774 Shivanagi. S. S. ssshivanagi   4799 Rai. A. arai
4775 Sinha Ajeet Kr. ajeetkrsinha   4800 Ravikumar. S. I. siravikumar
4776 Subhash subhash   4801 Rudra. H. hrudra
4777 Verma. Anand Kr. anandkrverma   4802 Samir Kumar samirkumar
4778 Chauhan. S. schauhan   4803 Sharma. V. B. vbsharma
4779 Balajee. J. jbalajee   4804 Singh Sudhir Kr. sudhirkrsingh
4780 Bhalla. N. S. nsbhalla   4805 Sinha. M. K. mksinha
4781 Biswas. M. k. mkbiswas   4806 Sukhjeet Singh sukhjeetsingh
4782 Chaudhary. P. pchaudhary   4807 Thakur. M. K. mkthakur
4783 Daljit singh daljitsingh   4808 Wadhwa. M. S. mswadhwa
4784 Kartik. B. bkartik   4809 Williams. A. awilliams
4785 Kaul. A. akaul   4810 Dabral. R. K. rkdabral
4786 Khandekar. N. nkhandekar   4811 Mekere. D. dmekere