Friday, April 29, 2011


The worst meltdown in history needs extraordinary measures to tackle the global gloom and the worst effected ofcourse are the poorest people on earth. Where are all the money gone for the entire world to be effected. The answer is simply the most obvious truth, the funds have been stashed off by politicians and the bigwigs who controlled the worlds' richest corporate houses based mainly in US,India and Europe. We have actually made the worst blunder in history by allowing the private owned companies to go on and on squeezing life out of the world's most poor people.

The funds are in Swiss banks. The amount the Swiss was told to be holding in 2005-2006 belonging to people of Indian Origin was 75,00,000 lakhs Crores [in Rupees] it was then about 41 percent of total deposits held in Switzerland by people of all countries . Last 5 years must have at least tripled this amount as the money swindled during last 5 to 6 years throughout the world, was much more than the preceding decades put together, as was witnessed by us. It was like taking away the wooden pillars from a house on fire. Our economy is in dire straits as the money value is coming down drastically and the prices of food and other essential commodities are sky rocketing.

No political party will ever be addressing this issue, as all are having huge funds stashed away irrespective of the party, ideals or political leanings ,almost all have more than enough funds with mainly Swiss bankers because they allow any one to keep deposits or gold with them without ever having to reveal their identity or the source of funds. Even if a guy commits murder and steals money, Swiss bankers will help him keep such funds away in hiding and allows its use afterwards or on demand. They don't ask questions. This may have made Switzerland a rich economy but they will have to pay the price, if they go on doing such ruthless banking practices.Germans recently was inclined to recover such ill gotten funds, so must be India as well.We know for sure the major contributers of deposits for those tax havens were mainly Indians,wiki leaks or no leaks, we have to find ways to get that money back by the help of our Supreme court along with other big Countries with clout and good intention for the benefit of humanity as a whole especially, the poorest who are the most vulnerable lot in this mean and unjust actions of a few crooks.All together must put pressure on the Swiss and other tax havens around the world. Taxes and double taxation has nothing to do with these funds as the source in it self is fraudulent,questionable and punishable under any court of law. What has that got to do with taxes which is meant for earnings and income which is righteous, while these are funds cheated and looted from the poorest of the people around the world.

What treaties does allow such acts and who are the ones who made such treaties if at all the so called treaties exists.

We have to initiate a public debate and mass movement so as to get such ill gotten funds back to the people who deserve it as a matter of its rightful ownership.

Thoughts of 'solitairebala'