The article condemns the low level politics played by the political parties today on basis of their vote power to blackmail other parties.
As the election approaches the coalition politics reaches its apex with SP chief Mulayam Singh openly threatening Congress to join BJP if the CBI case against him is not withdrawn. Mulayam Singh openly expressed his intention to go with BJP if the later dropped its ideas about the Ram Mandir, Article 370 and a uniform civil code. The same SP supported Congress in nuclear deal hoping to combine Congress votes with SP to make unbeatable combination in UP. On the other hand Congress is also thinking on the lines of coalition with Mayawati after the later become powerful in UP by winning the last elections in 2007.
The distressful thing is that coalitions, now, are not on the basis of ideologies at all but political benefits. Mulayam Singh has openly threatened to walk out of Congress if it is not able to withdraw the CBI cases against him on disproportionate assets. There are cases pending against BJP chief as well. Unfortunately, it is the UP that decides the next govt in the center.
The article talks about the steady northward lift that is experienced in the prices of gold in the times when shares and real estate markets look weak. The author, denying the famous saying by Shakespeare, asserts that “All that glitters is gold”.
The gold price increased by 20% in less then a month as it broke the Rs.15k roof. With global meltdown very much there, the investors are considering the investment in the yellow metal as the safest, not so much in the normal times. World Gold Council estimated the world gold demand increase by 4% in 2008. India, being the poorest country with largest consumption of gold, is in an incongruous situation with import of 1000 tonnes of gold every year. Government has failed to lessen the demand of gold and in spite of steady price rises, in the last quarter of 2008 the demand shot up by 84% in terms of tonnes.
Gold has also benefitted on the fears of high inflation as the countries boost money supply to stimulate economies. If the economic recovery continues to elude, then investment buying may even outpace the jewellery demand. Then it’s just a matter of time when the gold price breaks its old record of $988 per ounce of July 2008.
The author talks about the weird ways Americans tend to find to solve any problem which at times seem to be absolutely absurd and non-sense. The latest one being the theory developed by geography research team at UCLA that spotted Osama Bin Laden’s hiding place.
Using geographic analytical tools the team was able to narrow down to the building where Osama Bin Laden is likely to be hidden. This reminds, the author, theories of famous fiction detective Sherlock Holmes whose theory of elimination helped him to narrow down to the nearest possible solution to any problem or Shamrock Jolnes’ method of choice to proceed immediately to the solution. The latter becomes very handy to eliminate all unnecessary doubts and was in fact predominantly used in the US mission to find WMD in Iraq.
UCLA teams used many theories to arrive at conclusion. One was “distance decay theory” which said that a person is most likely to be seen near the place where he was spotted last time. Another theory, “island biographic theory” said that a person is most likely to found where it can find life-sustaining resources. However, only time will say if Osama Bin Laden is hiding at the Pakistani border town of Parachinar or not.
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