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Monday, 11 January 2016

THIS HAPPENS ONLY IN INDIA: MPs ASK FOR IMPEACHMENT OF HONEST AND OUTSPOKEN JUDGE

58 MPs SEEK IMPEACHMENT OF GUJARAT HC JUDGE

A distinguished Parsi judge of the Gujarat High Court, Justice J B Pardiwala made the following remarks in his recent judgement in Hardik Patel case on Reservations. Unfortunately our law makers are going to impeach him for this para. What did he say that triggered the impeachment motion by 58 Congress MPs in the Rajya Sabha?

"If I am asked by anyone to name two things, which has destroyed this country or rather, has not allowed the country, to progress in the right direction, then the same is, (i) Reservation and (ii) Corruption. It is very shameful for any citizen of this country to ask for reservation after 65 years of independence. When our Constitution was framed, it was understood that the reservation would remain for a period of 10 years, but unfortunately, it has continued even after 65 years of independence. The biggest threats, today, for the country is corruption. The countrymen should rise and fight against corruption at all levels, rather than shedding blood and indulging in violence for Reservation. Reservation has only played the role of an amoeboid monster sowing seeds of discord amongst the people. The importance of merit, in any society, cannot be understated. The merit stands for a positive goal and when looked at instrumentally, stands for “rewarding those actions that are considered good”. Then, this instrumental nature of merit that should be given importance – emphasizing on and rewarding merit is a means towards achieving what is regarded as good in the society. The parody of the situation is that India must be the only country wherein some of the citizens crave to be called backward."

Weeks after the Supreme Court scrapped the National Judicial Appointments Commission (NJAC) Act, BJP member Udit Raj had targeted the judge in the Lok Sabha. Pardiwala had made the remarks on December 1 while quashing the charge of ‘waging war against government’ against Patel quota stir leader Hardik Patel and retaining the one of sedition. An impeachment motion has to be passed by a two­ thirds majority of members present and voting. It has to be moved by a minimum of 100 Lok Sabha members or 50 Rajya Sabha members.

Rajya Sabha MP from Gujarat, Pravin Rashtrapal said, ” a meeting of Dalit community was called on December 12 in Ahmedabad in which all party members remained present. A decision was taken in this meeting that the Judge should face impeachment motion for comparing corruption with reservation system.”



SETTING A SOLDIER'S SALARY: BUGGERY


Saturday, 2 January 2016

The GLENCAIRN Single Malt Nosing and Tasting Glass : WATCH OUT for RIPOFFS selling GLENCARIN Glasses


THE GLENCARIN RIP OFF


Champagne, Cognac, Wine . . . each type of liquor has its own glass. Yet whisky, the world’s most complex spirit can be found served in anything from highball tumblers to Paris goblets to tequila shot glasses. 


Only the connoisseur of Malt Whisky and the sybarite know that Scotch Malt Whisky is composed of FIVE elements: The Colour, the Nose, the Serpent waiting to be released, the Palate and the Finish. It was when Malt Whiskies came into the limelight some 25 years ago that sellers realised that they had been sleeping, since most malts were used to glamorise the Scotch Whisky Blends market. Single Malt drinkers out of tumblers, wine and shot glasses were immediately picked out as the nouveau riche, moneyed persons with no class! And certainly No Taste!!  


The GLENCAIRN Whisky Glass is a revolutionary whisky glass that really lets one savour the taste and complexity of fine whisky. These are the ONLY GLASSES for your Single Malt Whiskies. With the tapered mouth, you are able to really sniff all nuances the whisky has to offer. Any malt advocate will love this glass! Why then, do some so-called whisky ‘connoisseurs’ spend thousands on the most complex, rewarding, pleasure-giving liquids yet contrived by humanity, and then drink them from tumblers? “Philistines!” says Andy Davidson. “Tumblers are useless when it comes to focusing or enhancing the taste experience of whisky. They were originally used to prevent you from smelling bad whisky.”     



He should know. In 1976, his father, Raymond Davidson, saw this lacuna and designed a glass, but imperfect, as he called it. He then personally went to the top ‘noses’ or blenders of the Scotch Whisky industry with his design and asked them for their opinions. Meeting failure after failure as the so called cognoscenti stuck to tumblers, it took 25 years and one generation of Malt Whisky enthusiasts to realise its true value. After extensive interaction and experiments, Andy Davidson’s Glencairn Crystal solved the problem of identifying the ideal glass for whisky Andy came out of the design phase and, with the blessings of the top five blenders of Scotch Whisky, went to market in 2001.  




Today the Glencairn Glass can be found at every distillery in Scotland, Ireland, Wales as well as most in the USA. In 2006 the glass won the Queen's Award for innovation.



The shape of the Glencairn whisky glass is derived from the traditional nosing copitas used in whisky labs around Scotland, a style lovingly developed by Glencairn Crystal Ltd, Scotland for drinking whisky. The capacity of a typical Glencairn whisky glass is approximately 175 ml, and is intended to hold approximately 50 ml of liquid, 1/14th of the capacity of 700 ml bottles of Scotch Whisky in the EU and 1/15th that of an American or Indian 750 ml bottle. 



The 175 ml glass is 115 mm (4.5 in) in height and is available in two versions: 24% lead crystal and lead-free crystal glass. The vast majority of glasses in circulation are of the lead-free crystal variety. The Glencairn glass was originally designed for pub/bar use so it is a sturdy little glass. The bottom is heavy so it's not easily tipped over and is easily grasped. It feels good in the hand. My Glencairn glasses are crafted from lead-free crystal.


The Glencairn glass is the ONLY glass on the market that is designed specifically for drinking whisky and endorsed as such by the Scotch Whisky Association; it is used by every whisky company in Scotland and Ireland and many in the USA for their Bourbons. 


The traditional style of whisky glass is a cut crystal Old Fashioned whisky tumbler, the most commonly used type of whisky glass. However, a tumbler does not hold and focus the aromas as much for the experience of the drinker as the Glencairn, which curve inwards towards the top of the glass. Inward-curved glasses are the preferred choice of connoisseurs who consider the aroma especially important to the experience of a whisky. 


If you fancy yourself a SMSW lover, you’d best have a small stock of Glencairn glasses at hand. I am the LOWEST PRICED Glencairn Glass SELLER in India. BUY 2, GET 3 for Rs 2,000; BUY 6, GET 9 for Rs 5,700, with FREE packing and postage in India. Amazon charges between Rs 2,568 For ONE Glass to Rs 7,000 for SIX glasses. eBay UK charges you $ 75.25+ Paypal charges and their own currency exchange rates, working out to Rs. 885/- per glass; mine are Rs. 667 each or 32.7% discount with no worries about overseas delivery. 


Buy 12, get 18 for Rs 12,000. When compared with the prices of others, I sell between 33% to 385% cheaper as I charge only Rs 667/- per glass! And in their original packages for 3 glasses. Some bargain, this! I’m down to my last 12 glasses, so please think about it soon, before losing out. 

Be very careful in selecting your vendor. Large Chinese online traders like the '40 thieves hero' sell glasses like The GLENCARIN for $1.5 per piece, minimum order 1000 glasses. Surprisingly, even the world's largest online market open to us Indians, sells GLENCARIN glasses cleverly camouflaged between multiple ads for genuine Glencairn glasses.

Play safe, buy from me. Genuine GLENCAIRN glasses at the lowest possible price. All you have to do is email me at noel.moitra@gmail.com and I'll give you my bank account details. Transfer the money and your glasses will be with you in 3-4 days via DHL/Blue Dart/DTDC. In the unlikely event that a glass is damaged, inform me immediately, send it back to me within 10 days and I'll replace it while also refunding your costs. 

AS SEEN ON AMAZON.COM

Glencarin Crystal Whiskey Glass, Set of 6


THE GLENCARIN GLASS AS SEEN ON AMAZON
 





Price:    4,830.00 FREE Delivery. Cash on Delivery eligible. Details

Inclusive of all taxes


EMI starts at    431.40 per month. Options



Delivery to pincode
122011 - Gurgaon within 1 - 3 weeks. Details

Sold and fulfilled by Cart2india SLP (4.6 out of 5 | 5,304 ratings).

3 offers from    4,732.09




  • Set of 6 glasses
  • Hailed as "The Official Whiskey Glass"
  • Tapering mouth allows an ease of drinking
  • Wide bowl for the fullest appreciation of color
  • Solid base is designed to be easy on the hand




Tuesday, 29 December 2015

INFLATION

INFLATION IN THE USA


Definition

According to Investopedia, Inflation is the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling. Central banks attempt to limit inflation, and avoid deflation, in order to keep the economy running smoothly.

As a result of inflation, the purchasing power of a unit of currency falls. For example, if the inflation rate is 5%, then a pack of gum that costs $1 in a given year will cost $1.05 the next year. As goods and services require more money to purchase, the implicit value of that money falls.

Inflation in the USA
 
In 1964, inflation measured a little more than 1 percent per year. It had been in this vicinity over the preceding six years. Inflation began ratcheting upward in the mid-1960s and reached more than 14 percent in 1980. It eventually declined to average only 3.5 percent in the latter half of the 1980s. 

While economists debate the relative importance of the factors that motivated and perpetuated inflation for more than a decade, there is little debate about its source. The origins of the Great Inflation were policies that allowed for an excessive growth in the supply of money—Federal Reserve Policies.  

The Great Inflation: 1965-1982

The Great Inflation was the defining macroeconomic event of the second half of the twentieth century. Over the nearly two decades it lasted, the global monetary system established during World War II was abandoned, there were four economic recessions, two severe energy shortages, and the unprecedented peacetime implementation of wage and price controls. It was, according to Jeremy J. Siegel, a prominent economist, “the greatest failure of American macroeconomic policy in the postwar period.”   
 
But that failure also brought a transformative change in macroeconomic theory and, ultimately, the rules that today guide the monetary policies of the Federal Reserve and other central banks around the world. If the Great Inflation was a consequence of a great failure of American macroeconomic policy, its conquest should be counted as a triumph.

Inflation Rates 2016-2045


YEAR   AMOUNT INFLATION % ACTUAL VALUE
2016 100,000 2.0 102,000
2017 102,000 2.1 102,304
2018 102,304 2.2 104,555
2019 104,555 2.3 106,960
2020 106,960 2.4 109,530
2021 109,530 2.52 112,290
2022 112,290 2.63 115,243
2023 115,243 2.75 118,412
2024 118,412 2.89 121,834
2025 121,834 3.0 125,489
2026 125,489 3.1 129,379
2027 129,379 3.22 133,545
2028 133,545 3.33 137,992
2029 137,992 3.35 142,615
2030 142,615 3.37 147,421
2031 147,421 3.5 153,171
2032 153,171 3.5 158,532
2033 158,532 3.5 164,080
2034 164,080 3.5 169,823
2035 169,823 3.5 175,767
2036 175,767 3.5 181,919
2037 181,919 3.5 188,286
2038 188,286 3.5 194,876
2039 194,876 3.5 201,697
2040 201,697 3.5 208,756
2041 208,756 3.5 216,063
2042 216,063 3.5 223,625
2043 223,625 3.5 231,452
2044 231,452 3.5 239,553
2045 239,553 3.5 247,937      


Historical data on Inflation from 1914 till today is freely available.