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Panama

As forwarded by someone.  Source unknown Panama Papers Leak Explained For Layman When you get a quarter you put it in the piggy bank. The piggy bank is on a shelf in your closet. Your mom knows this and she checks on it every once in a while, so she knows when you put more money in or spend it. Now one day, you might decide "I don't want mom to look at my money." So you go over to Johnny's house with an extra piggy bank that you're going to keep in his room. You write your name on it and put it in his closet. Johnny's mom is always very busy, so she never has time to check on his piggy bank. So you can keep yours there and it will stay a secret. Now all the kids in the neighborhood think this is a good idea, and everyone goes to Johnny's house with extra piggy banks. Now Johnny's closet is full of piggy banks from everyone in the neighborhood. One day, Johnny's mom comes home and sees all the piggy banks. She gets very mad and calls every...

A good post, not sure on the source

A beggar came to an emperor and the beggar said, 'If you are going to give me anything there is a condition.' The emperor said, 'What do you mean? What do you mean by your condition?'   The beggar said, 'This is my condition: I accept only if you can fill my begging bowl absolutely.' It was a small begging bowl. The King said, 'What do you think I am? Am I a beggar? I cannot fill this dirty small begging bowl?' The beggar said, 'It is better to tell you before, because later you can get into trouble. If you think you can fill, fill.' The King called his vazir and told him to fill it with precious stones: with diamonds and rubies, emeralds. Let this beggar know with whom he is talking! But then there was difficulty. The bowl was filled but the king was surprised -- as the stone fell into it, it would disappear. It was filled many times and each time it was again empty. Now he was in a great rage, but he told the vizier, 'Eve...

Taxes

Jayant Sinha: "The problem is no one wants to pay tax" My Interpretation: "As most of us do not pay tax, we decided to screw ~3% minority who legally do so. The more you pay, the more we extort"

One Community?

So, the present value of monies lost in some recent calamities or terror attacks equates or lags behind the collateral damages of Haryana in 2weeks. Guess this political mayhem has more layers than isolating responsibility to one community

The Economics of protests

We have promised freebies to protesters(long term if not immediate) ,also announced some compensation to victims(~₹340b lost in business and property). How would the economics work here? Will the tax payers again bear the brunt? How much would you squeeze?

The India of Today

While world continues its development spree, India and her people remain committed to self destruction by way of Kashmir, Hindu- Muslim, in tolerance,reservation, beef and everything that hurts to the core.