2ndlook

Turning points in 20th century history

Posted in Business, Current Affairs, European History, Gold Reserves, History, India, politics by Anuraag Sanghi on November 19, 2010
A poster advertising life of the "Abonos Nitrato de Chile" (Fertilizer Nitrate of Chile), 1930.

A poster advertising life of the "Abonos Nitrato de Chile" (Fertilizer Nitrate of Chile), 1930.

Gunpowder monopoly ends

Towards the end of 19th century, newly discovered nitrate deposits (sodium nitrate) in the Atacama desert of Chile came onto world markets. Chile’s nitrates were a crucial intermediate for gunpowder.

Chile’s nitrates broke the British monopoly over the trade in Indian saltpetre for the first time in modern history. French domestic production of saltpetre, barely enough for their own needs, could not challenge Indian saltpetre output that the British monopolized.

Indian saltpetre (potassium nitrate) could be simply refined and used directly in gunpowder – unlike Chilean nitrates. Also Chilean nitrates were limited natural deposits, whereas Indian saltpetre was produced on an industrial scale, accounting for some 70% of global production.

Germans quickly secured supplies of Chilean nitrates. A few years into the WWI, Germans brought the Haber-Bosch process from the laboratory stage to industrial production. The Haber-Bosch process for production of ammonia, gave Germans industrial capacity to produce gunpowder.

Causes for WW1

With this industrial capacity for gunpowder in place, Germany and Turkey, both non-colonial, industrialized powers challenged colonial powers, Britain and France, for access to world markets.

Diagram showing the world nitrogen quantities ...

Image via Wikipedia

The breakup of the Islamic Turkish Ottoman Empire was long seen (1890-1920) as an outcome essential for continued Anglo-French hegemony.

Funding WWI

Against Britain and France, the then dominant world powers, with extensive colonies, were Germany, the Austro-Hungarian Empire and the Ottoman Empire out of Turkey. Once WWI started, US funded both Britain and France. The US plied the Anglo-French alliance with extensive supplies and credit.

Emergence of USA

While millions died in European trenches, the USA bided its time. With mud, blood and disease taking a heavy toll, Britain, France, Germany, Turkey and Russia were soon exhausted and prostrate into a stalemate by the end of 1916. As the fate of WWI hung in balance, USA finally joined the Anglo-French side to gain a share of spoils.

 A soldier evacuated from the battlefront on a stretcher during WW1 - Image courtesy - bbc.co.uk. Click for larger image.

A soldier evacuated from the battlefront on a stretcher during WW1 - Image courtesy - bbc.co.uk. Click for larger image.

Financially unaffected, industrially strong, militarily effective, the US emerged on the world stage.

Post-WW1

Soon after WWI, as Anglo-French colonies and markets started opening up, US products gained new customers. Indians started buying Chevrolets, Buicks, Packards in small numbers. Victrolas started playing music in India – and on India. Michelin’s radial tyres from France became a byword in India for long-life. Indian natural rubber started going to Italy’s Pirelli and France’s Michelin.

Impoverishment of India

But Britain, a victorious nation was deep in debt – to USA and Colonial India. US emerged as the largest creditor nation. To settle these wartime debts, debtor Britain and creditor USA worked out a debt-repayment ‘mechanism’. Nothing but financial jugglery, this mechanism slashed the amount due to Colonial India and actually transferred the debt-burden of WW1 onto the backs of Indian peasant.

To settle this debt, Britain took recourse to gold from India. To give impetus to this transaction US supplied Britain with silver – then in abundant supply, in the form of US silver currency coins. This silver was ‘sold’ to Britain at double the market price – under the guise of the Pittman Act. Britain paid its wartime debt to India with this silver – at this inflated Pittman Act price. Abundant silver coins were stuck by the Colonial Raj, which are still available across India in large quantities.

To settle loans taken from USA to fight WW1, Britain extracted scarce gold from India. While payments for Indian exports were made in overpriced silver, the Indian peasant was forced to pay for imports and taxes in under-priced gold.

Starving Indian woman with swollen ankles & feet because she suffers from dropsy as young daughter stands by with swollen belly from hunger during famine crisis. (Photographer - Margaret Bourke-White; Date taken-1946; picture courtesy - life.com). Click for larger image.

Starving Indian woman with swollen ankles & feet because she suffers from dropsy as young daughter stands by with swollen belly from hunger during famine crisis. (Photographer - Margaret Bourke-White; Date taken-1946; picture courtesy - life.com). Click for larger image.

Due to this overpriced silver-under-priced gold combination, a surge in gold outflows started from India. Soon the US banking system was flush with liquidity.

Great Depression

Expecting the closed markets of Anglo-French colonies to open up, US economy expanded trade relations and industrial capacity. This expansion in trade and production of industrial goods was funded partly on the back of inflows of gold from India through Britain.

Finally though, protective barriers did not come down substantially enough – creating industrial over-capacity and excess liquidity in USA. Seeing ‘irresponsible’ bankers, waste ‘hard-earned’ gold on ill-planned trade expansion and production capacities, the US Federal Reserve clamped down on liquidity.

Great Depression followed. To ‘save’ gold-reserves, Roosevelt went further and nationalized gold.

Crime in the 20th century

In turn, Roosevelt’s gold nationalization, sparked a global crime tsunami. Only after the easing of restrictions on gold ownership by 1990, did the crime tsunami subside. The axis of this tsunami of crime was gold smuggling into India and narcotics trans-shipment through India.

A tsunami that engulfed all major economies of the world.

WW2

Unresolved issues of WW1 triggered WW2. Germany hemmed in from all sides by British client-states, unable to find markets for its industrial production,  reacted.

Germany, allied with Japan and Italy, proposed creation of larger ‘home’ markets. This was to be done by ‘expanding’ their own borders – to include neighboring countries. As first steps, on 3 October 1935 Italy invaded Abyssinia, now Ethiopia, Germany on 11-12 March, 1938, swallowed Austria; and Japan occupied Manchuria.

The basic assumptions of all the European powers, Japan and the USA were the same. The Confucian-Platonic ideal of superior, wise rulers who ruled over ‘inferior’ peoples.

These militant powers shared the same disregard for human life. Britain wreaked havoc by creating The Great Bengal Famine. Some 40-50 lakh (4-5 millions) Indians died. Hitler rained the Holocaust on the Jews. Some 50-60 lakh (5-6 million) Jews died.

Same difference.

Three faces of stagnation

Production capacity of non-OECD world was destroyed by years of colonialism, WW1 and WW2. Economic conditions after WW2 improved due to relative peace and as countries of the world started rebuilding their economies in the last 60 years (1950-2010).

The last 60 years has seen significant increase in industrial capacity of non-OECD nations. US extended supplier’s credit – using the US dollar, the favored currency of the Bretton Woods system.

A significant portion of economic expansion of OECD economies during 1950-1980 happened as production capacity of the world was rebuilt. The same capacities that were destroyed by colonialism, WW1 and WW2 – especially during 1850-1950 period.

WW3?

This creation of production capacity in non-OECD countries means economic stagnation and loss of political power for a few decades across OECD. With greater production capacity in the hands of non-OECD producers,  production capacity in OECD-USA must shrink.

Or a WW3 will be ‘needed’ to destroy the production systems of the poorest countries – to ‘save’ the West-OECD.

Creating false agenda's has become a full time job in the West with specialist think-tanks, media organisations and PR firms. (cartoon courtesy - http://polyp.org.uk). Click for larger image.

Creating false agenda's has become a full time job in the West with specialist think-tanks, media organisations and PR firms. (cartoon courtesy - http://polyp.org.uk). Click for larger image.

Red herrings

To get around this ‘problem’ of stagnation, the West has created artificial ‘crisis’ situations.

  1. Population Explosion
  2. Global Warming and climate change
  3. Civil Wars in Africa
  4. Islamic Demonization
  5. Terrorism
  6. Financial meltdowns

Complicating the current situation is the US currency mechanism, called USCAP (by 2ndlook) which favors selected US allies with advantageous exchange rates. China, Asian Tigers, Japan and NATO-Europe have gained significantly from the USCAP program.

The most notable loss due to trade distortion has been Africa’s.

Power Corrupts

During the 20th century, the world had to contend with an intolerable situation. The Anglo-Saxon Bloc (America, Australia, Britain and Canada) accounted for 80% of gold production (between 1200-1800 tons per annum) and controlled 80% of global gold reserves (around 100,000 tons circa  1920) also. Not even Chengez Khan had that kind of control over global economy.

Dawn of a new century

Things change.

At the beginning of 21st century, gold reserves in the hands of all the nation-States, are at a historic low. All the Governments in the world own less than 20%, i.e. 30,000 tons from global gold reserves of 150,000 tonnes.

Another 5 years of aggressive gold buying by global consumers will see this down to possibly 15%-17%. This will severely limit the ability of any State to wage a prolonged war.

A collapse of the currency systems in the world is imminent – in the next 5-15 years. Gold may give super-normal returns in the face of such an event.

Desert Twins - Westernization and Jihad. Problems both!

Desert Twins - Westernization and Jihad. Problems both!

Desert Bloc – beginning of the end?

The 20th century possibly saw the Desert Bloc reach its high-point. The world fully understands the bankruptcy of the Desert Bloc – and it may take some time for the effects of Desert Bloc propaganda to wear off.

Celebrations may, however, be premature. The alternate to Desert Bloc politics – भारत-तंत्र Bharat-tantra is yet to regain traction.

70 years later, RBI remains true to its DNA

Posted in Business, Current Affairs, Environment, European History, Gold Reserves, History, Media by Anuraag Sanghi on January 22, 2009
An bankrupt West is a bad economic model to follow. RBI in the last 3-5 years has shown some independence in policy matters - finally. (Cartoon courtesy - bhra.files.wordpress.com). Click for larger image.

An bankrupt West is a bad economic model to follow. RBI in the last 3-5 years has shown some independence in policy matters - finally. (Cartoon courtesy - bhra.files.wordpress.com). Click for larger image.

there is a curious aspect to the Indian economic System (defined as commentators, policy makers, and academicians). The System systematically thinks in a skewed fashion, and unlike any other System in the world. In particular, it is trigger happy to bring the economy to a screeching halt by raising interest rates, but asleep at the wheel when the economy is in desperate shape — e.g. confidence at historic lows, industrial growth at zero, and exports diving over a cliff. (via Surjit Bhalla: Lazy banking at its finest).

It is not so curious Mr.Bhalla. You only have to look at the history of RBI formation and its objective. Fact is RBI has not outgrown its colonial DNA.

April Fool Joke – The RBI

On April 1st, 1934, while the ‘Squeeze India’ campaign was under execution – and being choreographed by Montagu Norman, Neville Chamberlain, Winston Churchill and Lord Willingdon, RBI, India’s banking authority was set up. From that April Fool’s day till now, RBI character has not changed. It remains isolated, out of touch with the India – and looks at India through colonial viewing glasses.

First things, first …

RBI and the Colonial India Government initiated many reports on the ‘condition’ of the Indian economy. Based on these reports, they passed many of the laws restricting money lending activities. These reports – Central Banking Enquiry Committee (CBEC) report (1929) and its associated Provincial Banking Enquiry Committee reports (of Assam, Bombay, Burma, Ceylon, Central Provinces, Bengal, Punjab, et al) of which the Madras Provincial Banking Enquiry Committee (MPBEC) report is cited by lazy academics and out-moded bureaucratsas authoritative – even in post-colonial era.

Western economies have been hiding their economic stagnation for the last 10 years by handing out loans to voters, industry and banks. For how long can this system work? Cartoon by Michael Ramirez. Click for larger image.

Western economies have been hiding their economic stagnation for the last 10 years by handing out loans to voters, industry and banks. For how long can this system work? Cartoon by Michael Ramirez. Click for larger image.

Based on these reports co-ordinated by the RBI, Debt Conciliation Acts were passed between 1933 and 1936 by the governments of Assam, Bengal, Central Provinces and Berar, Madras and Punjab; the Punjab Regulation of Accounts Act (1930) and the Debtors Protection Acts of 1935 and other such burdensome laws buried the money lender in mountains of paperwork and licenses. These laws required money lenders to comply with extensive and prolonged compulsory licensing and registration – and extensive recording of transactions and accounts.

What these laws achieved was what was desired – a license for police and other ‘inspectors’ to start an extortion racket from money lenders (these days called corruption). A bureaucrat from colonial Punjab, Malcolm Darling (1925) shedding crocodile tears stated “the Indian peasant is born in debt, lives in debt and dies in debt” became a by line for tarring the money lender – while the cause was extractive, colonial revenue practices.

Options foreclosed

While the world was reeling under a crisis of the Great Depression, these restrictions on money lending foreclosed the liquidity option for the Indian peasant, which would have averted the gold outflow from India and the impoverishment of the Indian peasant. With this legalized persecution, money lenders’ activities were curtailed all over India.

RBI joined in this hounding of the money lenders – which continues to this day. The Bengal Burma link of the ages was broken. Chettiar money lenders were thrown out of Burma. From being a granary of Asia, Burma started declining – and there was no rice for exports. Result – The Bengal Famine of 1943. Tally – 40-50 lakh deaths. Similarly, the role of Chettiars in Singapore was wiped clean.

Subhash Chandra Bose's diplomatic initiatives left the British War efforts nervous and anxious. (Image sources - hindustantimes.com). Click for source image.

Subhash Chandra Bose's diplomatic initiatives left the British War efforts nervous and anxious. (Image sources - hindustantimes.com). Click for source image.

After the fall of Singapore, and the rapid Japanese advance, with Subhash Chandra Bose in the vicinity, a revolt by Bengal would have had catastrophic effect on the colonial administration. Howard Fast, in his novel ‘The Pledge’ believes that the Bengal Famine was deliberate creation – possibly to weaken the local population.

Elephants in the room

Firstly, the answer to your curiosity cannot come from the West. And since, the Indian English press (especially), depends on the West for cues, they miss out some vital elements. For instance, how the Indian economy was used to meet Britain’s Post WW1 liabilities. To ‘dampen’ gold demand for India, the Indian rupee was put on fixed overvalued rate vis-a-vis the sterling.

Indian exports crashed, imports ballooned. Indian accounts would be settled at ‘official’ silver prices, with inflated silver released by the US under the Pittman Act. Gold prices were deflated – and Indians would therefore have to pay more in gold. Thus with with a combination of inflated silver price, deflated gold price, high interest rates and an overvalued Indian rupee, the Indian economy was strangled. Few Western writers or books identify this – unwittingly, or deliberately.

RBI was a pawn in this game – and it remains true to its DNA.

India funded the post WW1 recovery

The mechanics and the development of this plan are laid out in a better book, John Bullion’s Empire by By G. Balachandran. This book traces how much of India’s poverty was a result of economic policies between the two World Wars co-ordinated by these four central bankers.

On October 27th, 1931, the Ramsey Macdonald led “National” Government (Conservatives and Liberals coalition, fearful of the rising Labour Party) in Britain won a huge majority of 554 MPs of 615. The economic crisis of September 1931 (misnamed as the Indian Currency Crisis) was a result of this economic policy which reduced Indian economic activity – resulting in bankruptcy of the Colonial India Government.

Parallel Great Depression era problems in the US, the Weimar Republic problems – and other issues pushed this ‘National’ government to ram through a series of measures (page 130-131) that inflated silver prices, depressed gold prices and raised interest rates in India. The Indian rupee was pegged at a high exchange rate vis-a-vis the sterling. Indian exports crashed. To ensure that Indian farmers had no options, Indian money lenders were regulated and licensed into paralysis. Further the Lees Mody Pact, gave few options to the Indian producers.

Indians were paid, with inflated and abundant silver stock, instead of gold. This silver was the same silver released by the Pittman Act. The silver buffer solution to the gold drain to India was seen as the “only buffer to protect Western gold reserves against the Indian drain (was) a silver buffer.” Of course, later the British Raj decided to settle Indian debts with promissory notes – and not even silver. It was this Indian ‘sacrifice’ which enabled the recovery of the West.

The yawning trench between talk and walk makes Western economiuc theory suspect.

The yawning trench between talk and walk makes Western economiuc theory suspect.

Crash in silver prices

New mines and increased silver production saw a crash in silver prices. US silver coinage was being depreciated due to increasing supplies of silver. On the other side, Britain had a large debt due to WW1. Britain and America stuck a deal at the cost of the Indian subjects of the British Raj. The US passed the Pittman Act which mandated silver sales at more than a dollar per ounce – double the 50c per ounce prevailing price of silver. Britain agreed to settle all Indian debts with silver. Gold prices were deflated. Interest rates in India were increased. Restrictions on gold imports on were placed and gold demand in India was ‘normalized.’

Impoverishment of India

With crashing exports and increased imports, the Indian citizenry had no option but to pay for all essentials and taxes with gold. As a quid pro quo, for this silver for gold scam, the US lent gold to Britain in 1926, which allowed Britain to revert back to the pre-War old standard.

Done over the protests by Gandhiji, trade bodies and merchants and threats of resignation by the Viceroy and his Executive Council , the resulting ‘money famine’ (page 155) had the Lord Willingdon ecstatically say ‘Indians are disgorging gold’ (page 156). Neville Chamberlain pitched in with his classic statement “The astonishing gold mine that we have discovered in India’s hordes has put us in clover.”

Looking back, it was clear that this achieved nothing but the impoverishment of India. In 1948, Montagu Norman had to admit that with these maneuvers “We achieved absolutely nothing, except that we collected a lot of money from a lot of poor devils and gave it to the four winds.”

The RBI was a vital element of this plan.

Ceterus paribus …

Today, in similar situation, the RBI, a colonial era body, continues with these colonial anti-Indian policies. They keep ever-greening and recycle colonial policies. Old laws with new labels and different wordings are made – with the same intent. Kill the money lender. While all this was happening, Indian agriculture and the peasant suffers.

The tragedy is that RBI is not alone. The IAS (a successor to the ICS) and the Planning Commission are the other two. Compare that with the brilliant track record of modern Indian regulators and organizations like the SEBI, TRAI.

India’s Money Lenders – The Colonial Stereotypes

Posted in Business, Current Affairs, European History, Feminist Issues, Gold Reserves, History, Media by Anuraag Sanghi on April 1, 2008

“Families have lost land, farmers have been asked to prostitute their wives to pay off debts …” writes Krittivas Mukherjee / Reuters.

Market Share Of Indian Money Lenders

Outdated Bollywood Style

I wonder what is the source of Krittivas’s article. I wonder how many prostitutes these money lenders have – from their 2,00,00,000 farmer-borrowers. Which era are you in, Bro. Krittivas? Apparently, the ghost of East India Company is alive, well and kicking. Is this the kind of grovelling that has to be done to be a part of Reuters, Krittivas? Friend Krittivas is reading a lot of colonial era propaganda – and seeing old Bollywood movies.

Even Bollywood has stopped this kind of portrayal of money lenders now. TV serials these days have business families as stars of the show.

A financial newspaper, The Mint, dutifully carries this Reuters article. Published jointly by The Hindustan Times and The Wall Street Journal, The Mint, regularly carries such bloopers. In yet another article that the Mint carried, for instance, writes how Indian “cities began suffering chronic milk shortages soon after independence in 1947” – implying that colonial India was the land of milk and honey. This kind of editorial blindness nearly makes me believe that the Indian Government got it right with the previous policy of excluding foreign media.

Some Stats About Money Lenders

There are 34,000 money lenders – and they have lent money to more than 2,00,00,000 farmers. They account for nearly 30% of the rural credit flows – and more credit than all the nationalized banks put together. They charge between 18% to 36% p.a. interest generally. Lesser than what most ‘educated’ credit card users pay – and what ‘modern’ banks charge their English-speaking customers.

So much about ‘usury’ by money lenders.

The Seths Who Funded The East India Companies

The vilification of the money lender by the British Colonial Raj at various times for political and economic gains has unfortunately been carried forward in post-colonial India. The English East India Company (EEIC) was initially funded and grew on Indian capital. The House Of Jagat Seth was most famous – and one of the largest banking families in the world. Virji Vora, Shantidas were other merchant bankers who funded the various European Indian Charter Companies in their trade. EEIC officials could not forget their supplicant status with these ‘seths’ – when they were desperate borrowers.

After 1757, and the occupation of the Bengal, Bihar and Orissa, transactions with the East India Company caused the ruin of many Indian lenders.

The other reason why money lenders were portrayed as villains by the the Colonial administrations was merchandise. Instead of bonded producers of Europe, Indian producers were free to sell their product to the highest bidder. The EEIC found that their contracts could be annulled by repaying the advance amounts. And the weavers and other producers could repay the advances by borrowing from the local money lender.

20th Century Vilification

Later during the Great Depression and the so-called ‘Indian currency crises’, Britain was extracting gold from Indian peasants, to overcome its own problems. For British loot to happen and to make their policies effective, they needed to leave the peasant without options. The only way to do that was to curb the money lender. To achieve this aim, between 1925-1940, enquiry commissions were created – and propaganda ‘reports’ flooded the system.

The colonial India Government passed many of the laws restricting money lending activities. These reports – Central Banking Enquiry Committee (CBEC) report (1929) and its associated Provincial Banking Enquiry Committee reports (of Assam, Bombay, Burma, Ceylon, Central Provinces, Bengal, Punjab, et al) of which the Madras Provincial Banking Enquiry Committee (MPBEC) report is cited by lazy academics and out-moded bureaucrats as authoritative – even in post-colonial era.

April Fool Jokers?

April Fool Jokers?

April Fool Joke – The RBI

On April 1st, 1934, while the ‘Squeeze India’ campaign was under execution India’s banking authority was set up – choreographed by Montagu Norman, Neville Chamberlain, Winston Churchill (some sickness … some racism) Lord Willingdon. From that April Fool’s day till now, RBI’s character has not changed. It remains isolated, out of touch with the India – and looks at India through colonial viewing glasses.

The tragedy is that RBI is not alone. The IAS (a successor to the ICS) and the Planning Commission are the other two. Compare that with the brilliant track record of modern Indian regulators and organizations like the SEBI, TRAI.

Legalized Harassment & Extortion

Debt Conciliation Acts were passed between 1933 and 1936 by the governments of Assam, Bengal, Central Provinces and Berar, Madras and Punjab; the Punjab Regulation of Accounts Act (1930) and the Debtors Protection Acts of 1935 and other such burdensome laws buried the money lender in mountains of paperwork and licences. These laws required money lenders to comply with extensive and prolonged compulsory licensing and registration – and extensive recording of transactions and accounts.

What these laws achieved was what was desired – a license for police and other ‘inspectors’ to start an extortion racket from money lenders (these days called corruption). A bureaucrat from colonial Punjab, Malcolm Darling (1925) shedding crocodile tears stated “the Indian peasant is born in debt, lives in debt and dies in debt” became a by line for tarring the money lender – while the cause was extractive, colonial revenue practices.

Options Foreclosed

These restrictions on money lending foreclosed the liquidity option for the Indian peasant, which would have averted the gold outflow from India and the impoverishment of the Indian peasant. With this legalized persecution, money lenders’ activities were curtailed all over India. RBI joined in this hounding of the money lenders – which continues to this day. The Bengal Burma link of the ages was broken. Chettiar money lenders were thrown out of Burma. From being a granary of Asia, Burma started declining – and there was no rice for exports. Result – The Bengal Famine of 1943. Tally – 40-50 lakh deaths. Similarly, the role of Chettiars in Singapore was wiped clean.

After the fall of Singapore, and the rapid Japanese advance, with Subhash Chandra Bose in the vicinity, a revolt by Bengal would have had catastrophic effect on the colonial administration. Howard Fast, in his novel ‘The Pledge’ believes that the Bengal Famine was deliberate creation– possibly to weaken the local population.

Subhash Chandra Bose occupied a large mindshare within and outside India. (Image source and courtesy - editstreet.com). Click for a larger image.

Subhash Chandra Bose occupied a large mindshare within and outside India. (Image source and courtesy - editstreet.com). Click for a larger image.

The RBI, a colonial era body, continues with these colonial anti-Indian policies. They keep ever-greening and recycle colonial policies. Old laws with new labels and different wordings are made – with the same intent. Kill the money lender. In all this, it is Indian agriculture and the peasant who suffers.

Even the rare modern supporter of the money lender does not see the colonial baggage that India and Indians governance carries, sees only half the picture – and little opportunity.

The Pre-WW2 Currency Crisis

After (colonial) India’s accession to the world gold standard in 1898, India rapidly built up a export surplus – and British reserves of gold started drying up – in spite of gold export restrictions to India by the USA, Britain and much of the Western world. There was hysteria in popular press and politicians on the subject of India and its appetite for gold. To overcome this payment crisis, it was decided to pay India in silver released by the Pittman Act. Subsequently, even payments in silver became difficult. India then started getting paid by Bank Of England credit notes.

By WW1 end, it was evident that sooner rather than later, India would obtain independence. Between 1920-40, in a series of measures, it was decided to reverse this policy. Central bankers from the USA, Britain, France and Germany had many meetings to “coordinate monetary policy.” The agenda – gold flow management between themselves and an obvious understanding – don’t let the browns get the gold. They (Hjalmar Schacht, Governor, Reichsbank, Charles Rist, Deputy Governor, Banque de France, Benjamin Strong, USA Federal Reserve, Montagu Norman, Bank Of England) agreed that Indian demand for gold had a “deflationary effect on global liquidity,” therefore “Indian demand for gold had to be regulated.” So, while the West consumed Indian production and goods, they regulated Indian demand for gold!! The result – Bengal Famine of 1943 which killed 40-50 lakh Indians. As Gideon Polya has pointed out, Australian sheep have lower mortality rates.

Like much of Western history, the British (Lord Willingdon, Neville Chamberlain, Montagu Norman, Winston Churchill – as the Chancellor of the Exchequer) executed a scorched earth policy in India. (After all what is brown life worth?) They implemented a series of economic and administrative measures that killed millions in the Bengal Famine would impoverish India – and sustain the empire.

Montagu Norman, Winston Churchill (then the Chancellor of the Exchequer) returned to the gold standard – with the famous prediction by Keynes that this action would result in a world wide recession – of which much came to pass. Churchill confessed “I’m lost and reduced to groping,” but went along with Montagu Norman, united by their racism.

The National GovernmentOn October 27th, 1931, the Ramsey Macdonald led “National” Government (Conservatives and Liberals coalition, fearful of the rising Labour Party) in Britain won a huge majority of 554 MPs of 615. The economic crisis of September (misnamed as the Indian Currency Crisis), ensuing Depression era problems in the US, the Weimar Republic problems – and other issues pushed this ‘National’ government to ram through a series of measures (page 130-131) that depressed silver prices, inflated gold prices and raised interest rates in India.

Done over the protests by Gandhiji, trade bodies and merchants and threats of resignation by the Viceroy and his Executive Council , the resulting ‘money famine’ (page 155) had the Lord Willingdon ecstatically say ‘… Indians are disgorging gold … (page 156). Indians have a different reason to revile Neville Chamberlain who with great satisfaction said “…The astonishing gold mine that we have discovered in India’s hordes has put us in clover …”after impoverishment of the Indian serf.

What Can be Done

The largest rural credit agency system, which knows Indian agriculture like the back of its hand, is available to the Indian economy. Trash the colonial propaganda – and use these money lenders.

Step 1 – Stop calling them money lenders. This term was used and has acquired pejorative connotations.

Step 2 – Bring them under SEBI – an effective organization, not reputed for corruption.

Step 3 – Increase credit supply – and interest rates will automatically fall. Allow re-finance to these ‘banias’ – based on their loan books.

Step 4 – Create credit enhancement tools – by use of traditional adhatiyas, other money lenders, property collateral of the end user, etc.

Step 5 – Induce competition by simplifying registration and inducing initial success for existing and new comers.

These credit experts can become low cost credit delivery mechanisms – which will revolutionize Indian agriculture. Will Indian planners grow out of their colonial moulds? Will Indian legislation go native? Sooner the better.

What Can The Money Lenders Do?

Under generations of persecution, extortion and discrimination has blunted the organizational capability of the ‘native money lender.’ He needs to look at himself afresh – and exploit business opportunities and use his knowledge of the Indian financial ‘consumer.’

A simple outline of an action plan for the money lenders to reclaim their position can be as follows: –

1. Incorporate a holding company.

2. Contribute one lakh rupees capital per member – with 34,000 members.

3. Create a paid up promoter capital of Rs.340 crores – and an IPO for 660 crores.

4. Obtain RBI licence for a rural bank with this paid up capital of 1000 crores.

5. Enrol all money lender members as DSAs.

6. Refinance money lender portfolio – and create further liquidity.

7. Use the money lender network to raise deposits, sell insurance, obtain refinance mortgage for housing, etc.

Even a conservative estimate of Rs.1.00 crore lending, guaranteed by these money lenders can inject Rs.34,000 crores of investment in the agricultural economy in India. SEBI can be co-opted to create appropriate supervisory and oversight measures.

Post Script – The source of Krittivas’s article

It is 6 months and Krittivas has not seen it fit to give sources or details of his dubious charges. So, let me give the details. This entire story of prostitution of wives to money lenders was a colonial idea that the British plagiarised from a very successful French Emile Zola novel, Germinal (1885).

Of course, most of Zola’s work was propaganda for the Socialist causes that were dear to him. The Vatican banned Germinal – and proscribed its reading by Catholics. India’s vernacular press fighting for survival had no sources to overcome this propaganda. Indian English press was, of course, under colonial domination. When Emile Zola died in 1902, he was given a State funeral and the crowd chanted ‘Germinal, Germinal’.

Does this give you some idea, Bro.Krittivas, on how much propaganda we are targetted with, before you start hitting the keyboard.

Population Problem – Western Paranoia & Eastern Gullibility!

Posted in Business, Current Affairs, Environment, European History, History, Media, Uncategorized by Anuraag Sanghi on January 30, 2008

In 1972, the Club of Rome’s The Limits to Growth (Universe Books) suggested that at exponential growth rates, the world would run out of gold by 1981, mercury by 1985, tin by 1987, zinc by 1990, petroleum by 1992, and copper, lead, and natural gas by 1993. The end was nigh.” – From the Reason website.

Sleepless nights & billions required

Bill Gates cant sleep at night. He is a worried man. He is spending billions (ok … ok … not billions for now … just hundreds of millions) to solve this problem. Ted Turner is equally worried. Ted Turner ‘thinks’ that people will eat people – instead of food, which will become scarce. He has already given away billions – and waiting in line to give away more. David Packard (of Hewlett Packard) was an equally worried man. His foundation has given hundreds of millions each year.

What’s worrying them? Linux? Naah Why worry? Is anyone else making money?. Mobile phones OS. That is Nokia’s problem. Google? They are a long way off. Let them get closer.

So, what is it? It is the thought of all the Asians, Browns and the Blacks in the world having sex. And the children they will have. The Packard family, Bill Gates, Ted Turner are not alone in having the population crisis and the people bomb on their mind.

Kill The Problem At The Root

Before the chemical process for synthesis of chloroquine phosphate (for malaria treatment) was invented, the most popular synthetic compound was quinacrine. Quinacrine fell out of favour as patients did not tolerate quinacrine well and after a course of quinacrine, acquired a yellow complexion. Choloroquine phosphate became the anti-malarial drug of choice.

What happened to quinacrine. The world forgot about it. Except a small Swiss company, Sipharm Sesseln AG. This company was making quinacrine for two Americans – Stephen D.Mumford, and Elton Kessel.

What were these two doing with quinacrine.

They want to change the world with quinacrine – by sterilising women in the Third World.

“This explosion in human numbers, which after 2050 will come entirely from immigrants and the offspring of immigrants, will dominate our lives. There will be chaos and anarchy,” said Stephen Mumford.

They had read Paul Ehrlich’s The Population Bomb. They were worried. Just imagine living with Blacks, Indians, Vietnamese, Banglas, etc!

Urgh! And urgh again! Yech … yech …

How much money did Mumford and Kessel make? Nothing at all! They were true believers – in their own race. They just wanted to use this cheap drug technology to stop reproduction of other races.

They were funded by rich anti-immigration individuals in the US – and they used a untested and unapproved method of sterilisation. When poor women came for health examination (especially pelvic), these two and their associates, injected quinacrine, which causes an internal bodily reaction which impairs subsequent reproduction. This method may also cause cancer, heavy menstrual bleeding, pain and fever. Very soon they notched up impressive numbers – more than 1,00,000 such sterilisations in Vietnam, another 1,00,000 in India, and another 1,00,000-2,00,000 in the rest of the world.

This story won awards. The writer’s name – Alix M. Freedman. When this story broke out on WSJ, there was heat. To certify the safety of this procedure, anti-immigration groups put up a an Indian doctor.

What did the manufacturer have to say about the risk of the product? Sipharm Sesseln AG President Fritz Schneiter told her (Alix M. Freedman) “But it isn’t our role to check if this is safe or not. We aren’t the conscience of the world.”

Where did this madness begin. There are many threads to this story.

One thread …

Robert McNamaraIn the beginning

In 1937, this young ‘genius’ (supposedly) scored 800 all correct answers in his GMAT test (reputedly, a first in the history of GMAT) – and joined Harvard Business School. Harvard milked this story to sell its struggling business school. In the next 60 years, (as the urban legend goes) only 3 others scored 800 points – all Indians (confirms IIT, Mumbai website).

During WW2

The young ‘genius’ was Robert S. McNamara (ironically, S. stands for Strange). During WW2, he was a part of the Statistical Control Office. Statistics is what the legendary Edward Deming used to increase production and improve quality during WW2 in the USA. Robert McNamara, Col. Charles B. “Tex” Thornton and 8 others were a team that were in-charge of war transportation and logistics. They made these ‘boring’ jobs glamorous – and used their academic excellence to create an aura around themselves.

At Ford Motors

After WW2, this team joined Ford Motors. The Ford PR team promoted them as the Whiz Kids, the American press lionized them, even as Ford’s business results were ordinary. This Ford connection was to prove relevant to McNamara’s activity later, we will see. The Ford in charge of the company was Henry Ford II, a direct descendant of the racist Henry Ford, who bankrolled Hitler and funded research into Eugenics – whose most famous practitioner turned out be Joseph Mengele.

L to R - U.S. Army Chief of staff General Maxwell Taylor, Robert S. McNamara and President John F. Kennedy. (Image - Photo: Agence France-Presse -- Getty Images; Courtesy - nytimes.com). Click for larger image.The Kennedy Presidency

In 1961, Robert McNamara became Secretary of Defense under President John F. Kennedy. Kennedy’s presidency was marred by more scandals than any other. Joseph Kennedy, JFK’s father made his fortune from bootlegging, many Wall Street Scams – and reputed shorted the market, which resulted in the Great Depression. On the other side was the inspired leadership of Ho Chi Minh.

The story picks up speed

In 1954, the Viet Minh defeated the French Army at Dienbienphu. Eisenhower outlined the infamous Domino Theory – based on Anglo Saxon paranoia that the whole world was against them (unfortunately, not true) and an assumption that Asia was retarded and incapable of making a suitable political choice – and that the Anglo Saxons knew better. The French handed over their mess to the Americans and walked away in 1956. And thus started McNamara’s War.

Sinh Cung Nguyễn - Ho Chi MinhFools Rush In Where Angels Fear To Tread

Kennedy-McNamara turned this into a war. Lyndon Johnson (on advice of McNamara) increased American involvement against the Vietnamese – without permission from the US Congress, which is essential as per US constitution. Then began the lies, duplicity, covert operations – directly monitored by McNamara. No wonder, McNamara boasted that “each hour of testimony requires 3 to 4 hours of preparation.”

The Vietnamese had the support of the Russians and the Chinese. American troops increased to 500,000 in this unconstitutional (and hence, illegal) war. Cost to the USA – more than 200,000 dead or disabled. Cost to Vietnam – incalculable.

What McNamara Learnt From Vietnam

Americans lost the Vietnam War. Against a determined enemy (like the Viet Cong), the technological edge that America had was not very useful. Worse, American technological edge, was only temporary. The experience of the Vietnam War, preyed on McNamara’s mind. The Vietnam War brought home the reality that India and China could raise an army bigger than the entire population of United States.

McNamara’s unique contribution to the Vietnam War was ‘body count’

he was so impressed by the logic of statistics that he tried to calculate how many deaths it would take to bring North Vietnam to the bargaining table … (later) he wanted to know why his reckoning had been wrong, why the huge casualties that he had helped inflict had failed to break the will of the men in Hanoi …

His ruminations about this began at the Americans’ April meeting in Washington, where he, Cooper and General Vesser agreed that casualties did not seem to weigh heavily with North Vietnam …. “Was there any consideration of the human cost in Hanoi as they made these decisions?” McNamara asked. “Is the loss of life ever a factor?” He noted that while 58,000 Americans had been killed, the most authoritative estimate — in a September 1995 article by General Uoc — put the number of Vietnamese deaths at 3.6 million. “It’s equivalent to 27 million Americans!” McNamara exclaimed.

To explain this to himself, he remembered … There were some people to whom life was not the same as to us, he reasoned as he stood one evening in the hotel lobby. (Ellipsis, bracketed text mine).

He was right. Only he could have killed an equivalent of 27 million Americans – and still talk about the value of life, with a straight face. For American neo-colonial objectives.

Against America’s temporary technology superiority, the population superiority that the Indians and the Chinese had was permanent. India’s subsequent rise in technology (with engineering skills in software, pharma, automobiles, etc.) and the Chinese rise in manufacturing proved some of McNamara’sLester Thurow ‘fears’ true. McNamara’s legendary quantitative skills made him a convert to The Population Crisis propaganda.

The Population ‘Crisis’ Ideology

You win, we lose.

That is what Lester Thurow proposed in his book, The Zero Sum Game. The ‘rise’ of India and China is a threat to America – and the West? In Anglo Saxon terms, the ‘rise’ of India and China is a zero-sum gain.

If India and China prosper, the West will lose, goes the paranoid thinking. Contributory growth as opposed to supplanting growth is an alien concept in Anglo Saxon strategy. Hence, the theory that population is the biggest problem for India and China – was ‘created’ as a development strategy.

The Ugly American Book CoverHow the Developing World was sold this dud

Initially the Carnegie Endowment and the Ford Foundation worked with USAID, (part of the US Government) to sell this theory – specially to the Chinese and the Indians. Since, there was no ‘apparent’ economic or political interest of the Americans, this paranoid construct was given respect as a theory. This lack of ‘apparent’ self interest also helped the ‘Ugly American’ (The Ugly American, by Eugene Burdick William Julius Lederer) to cover his face.

Next, the American economic aid started coming with the ‘population control’ strings attached. It took a while for the dots to start getting connected. At the first whiff of a scandal, USAID, Ford Foundation and Carnegie Endowments handed over this project to the UN, World Bank and IMF. This gave the Population Control programme, the respect it did not deserve.

Paul Ehrlich, Robert McNamara, Club Of Rome – False Doomsdayers

Paul Ehrlich

Paul Ehrlich

Paul Ehrlich’s The Population Bomb (1960 coincided with the start of Robert McNamara’s World Bank stint. Together, the “smartest man” (Lyndon Johnson’s description of Robert McNamara) and Paul Ehrlich did a hatchet job on this. Economists Herman Kahn and Max Singer (of the Hudson Institute) did come out with a alternative model which disproved this theory. Yet in the midst of the din, the furore and the determined PR push by various UN bodies, the World Bank and the IMF, poor Third World countries never examined this theory critically.

The Western world synchronised and the infamous Club of Rome’s The Limits to Growth predictions were released

the world would run out of gold by 1981, mercury by 1985, tin by 1987, zinc by 1990, petroleum by 1992, and copper, lead, and natural gas by 1993. The end was nigh” intoned the The Club Of Rome (from Reasononline …).

This psuedo-academic report was jointly authored by heavyweights – Donella H. Meadows, Dennis L. Meadows, Jørgen Randers, and William W. Behrens III.Reason Cartton - Paul Ehrlich

The venue for the release of this report was carefully chosen – Smithsonian Institute, to give it an air of solidity and authority. This report itself was released with much fanfare, publicity and PR. Yale economist Henry C. Wallich noted,

the quantitative content of the model comes for the authors’ imagination, although they never reveal the equations that they used.”

Economist Julian Simon rubbished this theory and made the famous Simon-Ehrlich US$100 bet – against the population doomsdayers. Julian Simon won the bet. Of course, he may bet either because he believed in the continued dominance of the western mode of exploitation or the inability of the rest of the world to stop this exploitation.

Un Helps?The bottom line was that these economists (the Ehrlich’s, The Club Of Rome, The McNamara’s, etc.) wanted the poor of this world to feel guilty about sex, about electricity, about having cattle, drinking milk and eating food.

Western critics (like critics Hermann Kahn and Max Singer) of the population theory were saying “Why bother? Our technology and military, economic might ensure that they (the poor) never lay their hands on the goodies!”

Popuation Crisis and The Population Problem

Nothing but re-packaged Eugenics programs of Pre-WW2. Hitler made these programs notorious. Hence, family planning and population crisis and population problem became other names for the same programs that killed more than 10 million Jews, Roma Gypsies and others. The repackaging and reselling was supervised by World Bank – under Robert McNamara.

McNamara’s two wars – on Vietnam and population control (of India and China) have both been a disaster. Strange, that a ‘genius’, supported and backed by the world’s only ‘superpower’ and the largest economy, could not achieve much against backward and developing nations like Vietnam, India and China.

What Is The Impact

Sanjay Gandhi at the Maruti factory before nationalization (Image courtesy - outlookindia.com.).

Sanjay Gandhi at the Maruti factory before nationalization (Image courtesy - outlookindia.com.).

The Chinese Communist dictatorship rammed this policy down the poor Chinese throat – and still does. Vietnam has made its citizens into guinea pigs. India was ideologically committed to this and practically did little. Call this ambivalence – except for a brief while during the 1975-1977 Emergency. During the Emergency phase, Sanjay Gandhi in India very much did, what had happened in the US and Europe earlier under the Eugenics laws. Forcible sterilisations and human rights abuses. The ethical ramifications are real and present.

The greater damage in India (and in the rest of the world) is the disrespect it has created for humanity amongst the administrative class and the advantaged. The population problem is ‘others’ – and western altruistic ethics and racist ideologies sanction solutions for the ‘greater good.’ Indian ethical system and constructs approve of purusharth पुरुशार्थ – धर्म dharm (righteousnss) arth, अर्थ (wealth), काम kaam (desire, including sexual desire) and मोक्ष moksh (deliverance, freedom, liberty at various levels, political, social, from life and death, from death by a thousand cuts) and disapproves violence against the living as they are vaasudevaiya kutumbakam (all living are God’s creation). The other damage is the to the self esteem of country.

Of course, once a population gets on this train, it is difficult to get off. In another 25-40 years, China will face the reality of slowing population growth, an aging population, increased health costs, increased capital spending to increase productivity. In short, the insurmountable problems that Western societies and Japan are wrestling with.

In India three aspects have kept this policy from being implemented. Children are seen as nandlala नंदलाला and balagopal बालगोपाल (instead of naughty children controlled by satan, shaitan) – popular expressions of respect for a new life. Combine this with the democratic backlash against the population policy in India in 1977 elections, and you have a case of lost political will. What has driven the final nail in the coffin is the healthy disrespect (some would even say contempt) for western ideas that non-English speaking Indians (which is more than 90% of India) have for western ideas.

The Economics of Population Control

The population theory does not stand up to any economic logic. Humans beings are the biggest factor in the production process. How can people become a problem? More people mean more production, bigger markets, lower costs, larger tax base, et al. False data, false assumptions, false propaganda (deliberate use of an oxymoron to make a point) have all been used to ‘sell’ this theory. Lower population growth is increasing health costs, aging populations, decreasing competitiveness. The Western societies were able to progress over the last 100 years at the expense of developing world.

The fight between these western proponents and western critics of the population control theory was not about equity or about ecology. The proponents were working hard to ensure that the poor did not demand or ask for resources.

The critics (cynics) were in fact saying that the poor were too weak to challenge the powerful rich countries – and what the west must do to keep them weak.

The Green Arguments & Population ControlIndian Cows Fart Too Much

By the later 1990’s the Green lobby, global warming, Ozone layer, environment had become an issue. The Kyoto protocol negotiations began. As usual, the Western world (led by the Anglo Saxon Bloc) dumped this problem onto the developing world. Secure a greener earth – at the cost of the poor.

Cattle in India started getting blamed for global warming (Indian cattle fart too much!). UN and FAO got involved in this psuedo scientific study.

Global Warming Is A 3rd World ProblemWhile 10% of the earth’s population, in the developed world (largely the western world) does not adequately price or cost the ecological damage they cause, into their production, the post facto price is borne by the rest of the world (90% of the world population). This damage is then inversely blamed on increasing population of the under-developed world!

An exquisite instance of acrobatics in inverting logic.

Amartya Sen, Gandhiji, Food, Population and Greed

In a landmark study in famines, economic policy and food availability, (by) Amartya Sen says,

“There has been a good deal of discussion recently about the prospect of food supply falling significantly behind the world population. There is, however, little empirical support for such a diagnosis of recent trends”. Further, he goes onto say, “… famines can take place without a substantial (decline in) food availability decline is of interest mainly because of the hold that food availability approach has in the usual famine analysis…” (Italics and ellipsis mine).

Gandhiji had something to say – “Earth provides enough to satisfy every man’s need, but not every man’s greed”.

The West in its greed wants to leave nothing for others – and this entire population conspiracy has been invented so that the victim delivers himself on sacrificial altar of western greed.

History of Population Control – Many Fathers

Another thread. Malthusian stories and Social Darwinism.

Population pressures leading to destruction and chaos was still-born concept – propagated by Thomas Robert Malthus from (yes, you guessed it right), an Anglo Saxon economist whose theories have remained just that – malignant theories. One of the landmark studies on this is by Paul Jalsevac in his study, “The Inherent Racism Of Population Control.”

But more insidious was the Eugenics program. This psuedo-scientific program was initiated, yes again, by another Anglo Saxon, Sir Francis Galton (related to Charles Darwin, the British co-originator of the Evolution Theory). The Eugenics programme was designed to create a ‘superior’ race of people – and ‘eliminate’ defective people and births. It gained many high profile adherents – and finally responsible for many medical, psychiatric and political abuses.

Eugenics In The USA

It attracted big ticket backers. John Harvey Kellogg (of Kellogg cornflakes) was an early sponsor and formed a “partnership” with the Race Betterment Foundation. Andrew Carnegie (1835-1919) established the Station for Experimental Evolution at Cold Spring Harbor, Long Island, in 1904 – a centre for Eugenic research. In 1937, before, the start of WW2, when it became apparent that Hitler had hijacked Eugenics and where Eugenics was going, the Carnegie Foundation changed direction – and renamed the Eugenics Record Office to Genetics Record Office. After WW2, in 1952, the USA needed some ‘special weapons’. The Carnegie Foundation stepped in to assist the research. What were these ‘special weapons’ – new birth control methods.

Henry Ford was a supporter of Eugenics – and one of the most notorious Eugenics practitioner was Michael Teitelbaum – who worked with the Ford Foundation till the 1970’s – shaping population policy matters for world consumption. Clarence J Gamble, (of Proctor & Gamble) fame, advocated population control amongst the poor, Puerto Ricans, Negros – as they were a problem. The wives of Edward Henry Harriman, (financier and railway tycoon) and HB Dupont, were some of the others who participated in the Eugenics projects.

Today, the newly renamed Planned Parenthood Federation of America receives funding from the US Government, billionaires like the Hewlett family and the Packard family, Ted Turner of CNN fame, Bill Gates of Microsoft amongst others.

Three generations of imbeciles are enough

These abusive actions were possible due to legal sanction by the US Courts. A celebrated Supreme Court judge, Oliver Wendell Holmes, decided that

“…the public welfare may call upon the best citizens for their lives. It would be strange if it could not call upon those who already sap the strength of the State for these lesser sacrifices …” (Italics and ellipsis mine)

of getting sterilised, lobotomised, committed to mental asylums on flimsy grounds, become guinea pigs for dubious medical research.

This judgement’s admirers were found all the way till Germany. Was Oliver Wendell Holmes very far from Nazi Germany? Not if you consider the Binding-Hoche study (Karl Binding was a lawyer and Alfred Hoche, a doctor). The Binding-Hoche study suggested that the German state had already lost its best people during WW1 – and hence the country was filled with ‘human ballast’. To remedy this situation, they suggested that these ‘inferior elements’ should be eliminated – much like what the American Chief Justice said. During the Nuremberg trials, the Nazis did cite the US practices of sterilisations, lobotomies, euthanasia as a defence.

Yes, instead of acting as parens patriae, which would be the first duty of the court, the US Supreme Court colluded with the executive to deny basic rights to the incapable, in the land of the free. This was much like slavery was approved by the US Supreme Court in the Dredd Scott vs Sandford case. Chief Justice Taney not only ruled that slavery was legal, but barred slaves from approaching the US Supreme Court.

Eugenics In Europe

The most notorious on Eugenics in Europe was Hitler who killed 60 lakh Jews and another 40 lakhs of Gypsies and assorted segments of the population. Montagu Norman, the Chief Of Bank England, who supervised the economic drain from India was another famous follower of Eugenics. Much before these practitioners of Eugenics, were others. Such racist concepts were tried by Germany – in Paraguay. Germany decided to breed a race of superior White Germans, in the colony of Nueva Germania. Heading the Nueva Germania project was Elizabeth Nietzsche – brother of Frederick Nietzsche.

In Britain, Julian Huxley, grandson of Thomas Henry Huxley, first head of UNESCO, brother of Aldous Huxley, joined the population propaganda machine. Julian Huxley called himself a ‘scientist’ and

advocated a much greater use of … Eugenic Insemination, … deep-frozen sperm banks containing donations by eminent men, Nobel Prize Winners … from which a prospective mother could choose … Huxley hoped that many of the users of such a sperm bank would opt for intelligence and he calculated that if the mean IQ of the population could be raised by as little as 1.5 per cent this would lead to a 50 per cent increase in the number of people with an IQ of 160 or more …” (from the galtoninstitute website).

This kind of psuedo-science was used by UN and the various population control propagandists to further their agenda.

This Doesn’t Happen Now

A law inspired by Eugenics was in force and utilised in the state of Orgeon, till 1980. 33 states in the USA approved eugenics laws during 1900-1925. An estimated 60,000-1,00,000 people were forcibly sterilised using these laws. Switzerland repealed forced sterilisation laws against the Romani Gypsies only in 1972.

New names for old ills continue. The new exercises in this could be the SARS and the Bird Flu. A few humans or birds die (due to respiratory complications) and entire continents are devastated. Is this another form of ‘conditioning’ for future bio-terrorism or bio-warfare? These new kinds of global hysteria use ‘neutral’ bodies – like the UN and World Bank to whip up fear, rumours and over reaction.

You still don’t believe that this happens even now?

The largest donors to the population control organisations in the last 10 years are (hold onto you chair or whatever) Bill Gates (of Microsoft-Windows fame), Ted Turner (of CNN-Time Warner) and David & Lucille Packard Foundation (co-founder of Hewlett Packard). It is re-run of the same story. Population Control is funded by the rich (in the USA) as they feel threatened by the poor of this world, especially if the colour of the poor is different.Nandan Nilekani

Post Script

On February 16, 2008, I read a post in Business Standard, one of India’s leading business newspaper. It carried a preview of a book by Nandan Nilekani, a business leader and director of Infosys. Nandan Nilekani says, his book traces (apart from other subjects) how India has “gone from seeing population as a burden to population as a source of human capital.” That is the good news.

Farcically, in the same breadth, Nandan also overestimates the importance of English. Is he implying that without English, India would have been backward like – China, Japan, Germany, Russia, Italy, Korea. In fact dear Nandan, show me one country that has become significant using some other country’s language – in the last 4000 years of history. Look again Nandan, Take A Secondlook. By 15th August, 2008, Nandan Nilekani, was invited to write for Economic Times. This time around, Nandan did not make too much on the importance of English language. Attaboy, Nandan!

China Takes Secondlook At One Child PolicyThe tide is turning. One month after this post(dated Jan 30th, 2008), China decided to take a secondlook at their population policy (on Feb 27th, 2008, link embedded). And on 4th March, Economic Times, India’s leading daily informed,“China takes second look at one-child rule, 4 Mar, 2008, 0231 hrs IST, AGENCIES.” In case the link does not work, click here China Takes Secondlook At One Child Policy.

An alarmed USA Today, wrote China ‘Considers changing one-child policy’. But the New York Times re-assured its readers that “this change the country’s one-child-per-couple family planning policy would not change for at least another decade.” The International Herald Tribune also repeated this reassuring report. The China Daily, at its website also released a similar report.

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