yoda Posted March 9, 2007 Share Posted March 9, 2007 Japan surrendered its title as Asia's leading billionaire locale to India, which boasts 36 megarich on the list. Russia contributed 53 billionaires and now challenges Germany as home to the most billionaires outside the United States. Among three Indians in the wealthiest top 20 are Mukesh and Anil Ambani, feuding brothers who got even richer after dividing their fortunes in 2005. Mukesh Ambani ranked 14th with a $20.1 billion fortune, while brother Anil came in four places lower at No. 18 with his $18.2 billion. http://biz.yahoo.com/ap/070308/forbes_billionaires.html?&.pf=career-work Link to comment Share on other sites More sharing options...
CC1981 Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. So it is utterly pointless how many billionaires we have or produce. The common interest should be looked at and the Indian government is shafting the majority of its public - the conditions in the farming belts are dire and incidents like Singur is only further indication how India needs to do a lot more than just gloat over billionaires. We've had enough Rajas amonst fakirs for the last several hundred years, the Raj period being most well known. Link to comment Share on other sites More sharing options...
yoda Posted March 9, 2007 Author Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. So it is utterly pointless how many billionaires we have or produce. The common interest should be looked at and the Indian government is shafting the majority of its public - the conditions in the farming belts are dire and incidents like Singur is only further indication how India needs to do a lot more than just gloat over billionaires. We've had enough Rajas amonst fakirs for the last several hundred years, the Raj period being most well known. Yes this is terrible news. :lmao: Link to comment Share on other sites More sharing options...
CC1981 Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia Yes this is terrible news. What is with people here and swinging from one extreme to another ? So if it is not a good news, it must be a terrible news. If i dont support hindu fanatics, i must be in league with muslim ones. Too many binary mode minds here...you not a programmer too by any chance, are you ? Link to comment Share on other sites More sharing options...
yoda Posted March 9, 2007 Author Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia a guy who thinks an enemy nuking his own country would be justified and one who thinks PoK is stable is a moderate alright. oh, btw, i didn't really mean to say terrible as in bad, just terrible as in "donno how or why is that good". :hmph: Link to comment Share on other sites More sharing options...
gator Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. So it is utterly pointless how many billionaires we have or produce. The common interest should be looked at and the Indian government is shafting the majority of its public - the conditions in the farming belts are dire and incidents like Singur is only further indication how India needs to do a lot more than just gloat over billionaires. We've had enough Rajas amonst fakirs for the last several hundred years, the Raj period being most well known. oh man.... now u r a commie too?? :wall: :wall: Link to comment Share on other sites More sharing options...
CC1981 Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia So i am a commie to wish for better wealth distribution instead of seeing a few dozen billionaires popping up ? Is there no middle ground between rampant money-making and 'one wage for all' commie folks ? Like seriously, do people on this board get the concept of middle ground ? everything seems to be in extremes...either hinduvta fanatic or else i am a muslim fanatic. Either ultra-capitalist or total commie...like wtf ! Link to comment Share on other sites More sharing options...
gabbar Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia So i am a commie to wish for better wealth distribution instead of seeing a few dozen billionaires popping up ? Is there no middle ground between rampant money-making and 'one wage for all' commie folks ? Like seriously, do people on this board get the concept of middle ground ? everything seems to be in extremes...either hinduvta fanatic or else i am a muslim fanatic. Either ultra-capitalist or total commie...like wtf ! Leftist, commie - you are never in the middle CC bhai - Link to comment Share on other sites More sharing options...
Lurker Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. CC, The ranking has nothing to do with Government. I say that since you suggested that Government should be looking at better distribution of wealth. I would say keep the Government out of it. For 40 odd years(till Liberalisation happened) Government was literally looking after India's economy and we all know how that went. Government should be involved in only matters like Defence, Foreign Policies and so on. I would argue that even Education should be pulled away from Government since every time a Government changes, the course curriculum gets updated too!! As for the list itself it only shows that Indians are getting richer. By and large an average Indian today is richer than what he was 15 years back. xxx Link to comment Share on other sites More sharing options...
varun Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia This year's budget should allay a bit of your concerns CC. Link to comment Share on other sites More sharing options...
kumble_rocks Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. So it is utterly pointless how many billionaires we have or produce. The common interest should be looked at and the Indian government is shafting the majority of its public - the conditions in the farming belts are dire and incidents like Singur is only further indication how India needs to do a lot more than just gloat over billionaires. We've had enough Rajas amonst fakirs for the last several hundred years, the Raj period being most well known. oh man.... now u r a commie too?? :wall: :wall: He is from Bengal ! :chin: Link to comment Share on other sites More sharing options...
kumble_rocks Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. CC, The ranking has nothing to do with Government. I say that since you suggested that Government should be looking at better distribution of wealth. I would say keep the Government out of it. For 40 odd years(till Liberalisation happened) Government was literally looking after India's economy and we all know how that went. Government should be involved in only matters like Defence, Foreign Policies and so on. I would argue that even Education should be pulled away from Government since every time a Government changes, the course curriculum gets updated too!! As for the list itself it only shows that Indians are getting richer. By and large an average Indian today is richer than what he was 15 years back. xxx Good Post Lurker. Communism has failed miserably and capitalism is the way to go! :wtg: Link to comment Share on other sites More sharing options...
THX_1138 Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. So it is utterly pointless how many billionaires we have or produce. The common interest should be looked at and the Indian government is shafting the majority of its public - the conditions in the farming belts are dire and incidents like Singur is only further indication how India needs to do a lot more than just gloat over billionaires. We've had enough Rajas amonst fakirs for the last several hundred years, the Raj period being most well known. i am all for redistribution of wealth, but not at the expense of checking the growth of entrepreneurs who done exceptionally well for themselves due to their own personal ingenuity. these guys are atleast investing in india and providing job opportunities for millions. praise them, and maybe request them to consider charity while they are high up on their pedestal. and yes, CC you need to tone down the rhetoric against india. yes we have poor, but thats in great part due to poor family planning, failed socialist policies and a primarily agriculture based economy. if you really want to help india improve, private message me, i will forward your email address to my mum who runs a school in new delhi for educating the unprivileged. i am sure you can spare a few hours there, might prevent you from posting sh*t posts on this site. Link to comment Share on other sites More sharing options...
kumble_rocks Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. So it is utterly pointless how many billionaires we have or produce. The common interest should be looked at and the Indian government is shafting the majority of its public - the conditions in the farming belts are dire and incidents like Singur is only further indication how India needs to do a lot more than just gloat over billionaires. We've had enough Rajas amonst fakirs for the last several hundred years, the Raj period being most well known. i am all for redistribution of wealth, but not at the expense of checking the growth of entrepreneurs who done exceptionally well for themselves due to their own personal ingenuity. these guys are atleast investing in india and providing job opportunities for millions. praise them, and maybe request them to consider charity while they are high up on their pedestal. and yes, CC you need to tone down the rhetoric against india. yes we have poor, but thats in great part due to poor family planning, failed socialist policies and a primarily agriculture based economy. if you really want to help india improve, private message me, i will forward your email address to my mum who runs a school in new delhi for educating the unprivileged. i am sure you can spare a few hours there, might prevent you from posting sh*t posts on this site. Good Post V ! :wtg: Link to comment Share on other sites More sharing options...
THX_1138 Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia I don't see how or why that is good news. The government should be looking at better distributing the wealth amonst the poor. As many as 40% of Indians are still untouched by this new economic boom. CC, The ranking has nothing to do with Government. I say that since you suggested that Government should be looking at better distribution of wealth. I would say keep the Government out of it. For 40 odd years(till Liberalisation happened) Government was literally looking after India's economy and we all know how that went. Government should be involved in only matters like Defence, Foreign Policies and so on. I would argue that even Education should be pulled away from Government since every time a Government changes, the course curriculum gets updated too!! As for the list itself it only shows that Indians are getting richer. By and large an average Indian today is richer than what he was 15 years back. xxx very interesting points you posted there man, but while i agree that defense and foreign policies must be the domain of the government, i feel that education should be handled by the government and subscidized. unfortunately this is a point where we have failed to mimick the west. we need to introduce community taxes levied on property ownership which must then be used in part to finance government run public school in the community which really need a rearchitecturing. also, apart from education, the next top agenda ought to be health. if a government can provide good health services and cheap education, development will be inevitable. just look at china. if you are more interested, run a search for Dr. Han Rosling and visit www.gapminder.org Link to comment Share on other sites More sharing options...
yoda Posted March 9, 2007 Author Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia we need to introduce community taxes levied on property ownership which must then be used in part to finance government run public school in the community that system is failing in california cause wealthier communities have higher property values and hence higher property taxes resulting in better funded schools for the rich and poorly funded schools for the poor. Link to comment Share on other sites More sharing options...
kumble_rocks Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia we need to introduce community taxes levied on property ownership which must then be used in part to finance government run public school in the community that system is failing in california cause wealthier communities have higher property values and hence higher property taxes resulting in better funded schools for the rich and poorly funded schools for the poor. GWB's voucher system and No Child Left Behind Act is aimed at somewhat taking care of that very discrepancy that you have mentioned. Link to comment Share on other sites More sharing options...
yoda Posted March 9, 2007 Author Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia we need to introduce community taxes levied on property ownership which must then be used in part to finance government run public school in the community that system is failing in california cause wealthier communities have higher property values and hence higher property taxes resulting in better funded schools for the rich and poorly funded schools for the poor. GWB's voucher system and No Child Left Behind Act is aimed at somewhat taking care of that very discrepancy that you have mentioned. Voucher system will just give your kid "some" limited federal fund for you to go find your own private school. Good private schools (not ultra top class) cost around $800/month in CA I believe. I believe the voucher is for about $200/month. No child left behind is just some gimmick I believe. Anyways, what I wanted to say is that the system as it stands in the US is also broken to some extent. You have parents running to buy houses in good school districts even though they can't really afford those houses putting a lot of strain on their resources. Link to comment Share on other sites More sharing options...
kumble_rocks Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia No child left behind is just some gimmick I believe. . Actually implementation is more of the problem rather than the bill. In fact this one few bill which had bipartisan support and one of the sponsor was Ted Kennedy. Imagine lefty Kennedy and righty bush working together. Federal Funding is the main problem , I believe. Link to comment Share on other sites More sharing options...
THX_1138 Posted March 9, 2007 Share Posted March 9, 2007 Re: Billionaire club - Indians overtake Japanese to lead Asia we need to introduce community taxes levied on property ownership which must then be used in part to finance government run public school in the community that system is failing in california cause wealthier communities have higher property values and hence higher property taxes resulting in better funded schools for the rich and poorly funded schools for the poor. actually its failing everywhere... but thats in part due to a stupid policy of not permitting children from a particular neighborhood from attending schools in another. i say shuffle the students around and assign them by a lottery system. right now, all the central city school are predominantly poor due to a high percentage of minority students who do not have access to better education resources and also another brain fart: assign money to schools on basis of performance (hence the better schools get better, and the low performance ones get poorer). we have the same problem in several private schools. some schools are exceptional while others are just pedestrian. Link to comment Share on other sites More sharing options...
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