Hereby I will prove how the realty boomers arguments are false.

What are the boomers arguments?

1.) Buy today, houses always increase in value in the long run.
WRONG. House prices cannot increase more than incomes in the long run. This is obvious if you think about it. If house prices go up more than people can afford to pay, buying stops, like it has stopped now.
Even Warren Buffett have pointed out that houses don't increase in intrinsic value. Unless there's a bubble or a crash, house prices simply reflect current salaries and interest rates. If a house is 100 years old, it's value in sheltering you is exactly the same as it was 100 years ago. Then came the maintenance as the house didn't renovate itself. It also has taxes, and insurance - costs that always increase and never go away. The price of the house went up about as much as salaries went up.
To put this is simple perspective, vegetable were costing Rs.5-6/kg when 5 digit salary was a rarity.
Today, the prices have gone up by about 4 times but so have the salaries. So, sounds very much like the reasoning people use now when they talk about how much their father's house appreciated "in the long run" without considering that salaries rose a proportional amount.

2.) Renting is just wastage of money.
WRONG. As said before renting is now much cheaper per month than owning. If you don't rent, you either:

* Have a mortgage, in which case you are throwing away money on interest, tax, insurance, maintenance, costs that increase forever.
* Own outright, in which case you are throwing away the extra income you could get by converting your house to cash, investing in bonds, and renting a similar place to live for much less money. This extra income is sufficient for emergency expenses,retirement etc.

Either way, owners lose much more money every month than renters and that's assuming prices don't correct to very high level & everything is smooth in the economy.

3.) As a renter, you won't have any money left as you will spend them on vacations,cars & hence won't have equity/savings etc.
WRONG. Equity is just money. Renters are actually in a better position to build equity/savings through investing in anything but housing. Renters can get rich much faster than owners, just by investing in conservative stocks & bonds.

* Owners are losing every month by paying much more for interest than they would pay for rent. The tax deduction does not come close to making owing competitive with renting.
* Owners must pay taxes simply to own a house. That is not true of stocks, bonds, or any other asset that can build equity/savings. Only houses are such a guaranteed drain on cash.
* Owners must insure a house, but not most other investments.
* Owners must pay to repair a house, but not a stock or a bond.
* Owners lose their money as house prices reduce. The EMI's remain constant in spite of reduction in rates. At the end of loan tenure, they would have paid almost twice than that of current renters who will buy at logical rates. Keep interest rates in mind. Most of the EMI is not principal amount but interest.

4.) There are great tax advantages to owning a house.
WRONG. Many people believe you can just reduce your income tax by the amount you pay in interest, but they are wrong. Buyers may not deduct interest from income tax; they deduct interest from taxable income. And even then, the tax advantage is not significant compared to the large monthly loss from owning.

If you don't own a house but want to live in one, your choice is to rent a house or rent money to buy a house. To rent money is to take out a loan. A mortgage is a money-rental agreement. House renters take no risk at all, but money-renting owners take on the huge risk of falling house prices, as well as all the costs of repairs, insurance, property taxes, etc.

5.) RE is based on local factors, it's not a national phenomenon. RE of Delhi-NCR,Bangalore & rest of the cities has nothing to do with Pune RE.
WRONG. Lending rates remain the same throughout the country. ALL loans are harder to get. This will drive prices down everywhere.

6.) A rental house provides good income. So, you can rent if you have purchased as investment.
WRONG. Rental houses provide very poor income in hyped areas and certainly cannot cover mortgage payments. Remember there is almost 300% difference between EMIs & rent for the same house.

It's pointless to do the work of being a landlord if you can make more money with no risk, no work, and no state income tax by investing in assured good returns bond.

7.) If owning is a loss in monthly cash flow, but appreciation will make up for it.
WRONG. Appreciation is negative. Prices are going down. It only adds to the injury of already high EMI's.

8.) As soon as prices drop a little, the number of buyers on the sidelines willing to jump back in increases.
WRONG. There are very few buyers left, and those who do want to buy will be limited by increasing difficulty of borrowing now that many house owners are near bankrupt as they don't save anything at the end of the month due to high EMI's.
No one has to buy, but there will be more and more people who have no choice but to sell as their payments rise. That will keep driving prices downward for a long time.

9.) House prices never fall atleast in Pune.
WRONG. If you see the RE scenario of 1996, prices crashed by 50% & took a whole 7+ years to recover.
Exact 1996 scenario may not be there today but strong correction is inevitable across the city.

10.) House prices don't fall to zero like stock prices, so it's safer to invest in real estate.
WRONG. House prices won't be zero, but the equity or the principal amount you paid can be zero or even negative. What you will pay as EMIs later in actual terms is not for the principal amount but only the interest as house prices dip. So, you will be only serving the bank.

11.) Prices will soften gradually, won't crash immediately.
WRONG. Prices are falling off a cliff. No one knows exactly what will happen, but it looks like prices will continue to fall for long time. These are just more manipulation of buyer emotions, to get them to buy even while prices are falling.

12.) The bubble prices were driven by supply and demand alone.
WRONG. Prices were driven by low interest rates and risky loans & good returns for investors in initial phases of boom in 2004-05.
Prices went up, interest rates went up & buyers savings went down. So prices are violating the most basic assumptions about supply and demand.

13.) There is lack of land.
WRONG. Ample of land is available & continue to be even in future in Pune. Sales volume are down. Even in Japan (small country with less land), prices went down. Current prices here are the same as that of 23 years ago. If we really had a housing shortage, there would not be so many vacant rentals.

14.) If you don't own, you'll live in a cheap neighborhood later.
WRONG. For the any given monthly payment, you can rent a much better house than you can buy. Renters live better, not worse. There are downsides to renting, such as being told to move at the end of your lease, or having your rent raised, but since there are thousands of vacant rentals, you can take your pick and be quite happy renting during the crash. There are similar but worse problems for owners anyway, such as being fired and losing your house, or having your interest rate and property taxes adjust upward. Remember, property taxes are forever.

15.) There's always someone predicting a real estate crash.
TRUE, yet irrelevant. There are very real crashes every decade or so. Even a broken clock is right twice a day.

16.) Local incomes justify the high prices.
WRONG. The mortgage should be more than your 3 years earning. It is much higher today. Most are already in danger/red zone.

17.) You have to live somewhere.
CORRECT. But that doesn't mean you should waste your life savings on a bad investment. You can live in a better house for much less money by renting during the down slide in RE.

18.) It's not a house, it's a home.
WRONG. Wherever one lives in it is home, be it apartment, condo, bungalow , mansion or house. Calling a house a "home" is a manipulation of your emotions for profit.

19.) If you don't buy now, you'll never get another chance.
WRONG. History proves otherwise.
Here's a beautiful quote from a analyst:-
"The real issue isn't whether you will be stuck being a renter all your life, she says. Its whether you'll get so scared about being shut out that you'll buy at the market's peak and be stuck in a property you can't afford or sell."

20.) It would take major economic recession or a major earthquake that wipes out this area in order for the price to fall by over 50%.
WRONG. Even today, if the prices fall by 50%, there will still be very few people who can buy at this levels due to uncertainty in jobs & most importantly high EMIs. Also, look at the rental rates for equivalent houses. Which loss per month is larger? EMI or rent?

contd....
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  • Early stage of what we saw in 2008-09

    “Sales have gone down. There are virtually no sales on Thursday,” said Pankaj Kapoor, CEO, Liases Foras, a non-brokerage real estate research firm. ‘‘In the last 3-4 quarters, builders indulged in artificial sales by transferring the ownership of 300-400 flats to investors, brokers or underwriters. We flag such projects,” he said.

    Shobhit Agarwal, CEO, Protiviti Consulting, feels that any increase in the cost of funds will dampen demand. “Speculative demand thins out as interest rates rise. Once demand slows down, prices soften, as people defer buying...We are in the early stage of what we saw in 2008-09,” said Agarwal, who advises realty firms on M&As, risks and audit.

    Mumbai, Delhi real estate prices to correct 10-15%
    CommentQuote
  • Bernanke warns of catastrophe if debt limit not raised

    Federal Reserve Chairman Ben Bernanke on Thursday issued a stern warning to Republican lawmakers that delays in raising the United States' USD 14.3 trillion debt limit could have "catastrophic" consequences.

    "Beyond a certain point ... the United States would be forced into a position of defaulting on its debt. And the implications of that on our financial system, our fiscal policy and our economy would be catastrophic," he told the National Press Club.


    Read complete story here:-

    Bernanke warns of catastrophe if debt limit not raised - Reuters -
    CommentQuote
  • Catch 22 year - 2011!

    Originally Posted by realacres
    Federal Reserve Chairman Ben Bernanke on Thursday issued a stern warning to Republican lawmakers that delays in raising the United States' USD 14.3 trillion debt limit could have "catastrophic" consequences.

    "Beyond a certain point ... the United States would be forced into a position of defaulting on its debt. And the implications of that on our financial system, our fiscal policy and our economy would be catastrophic," he told the National Press Club.


    Read complete story here:-

    Bernanke warns of catastrophe if debt limit not raised - Reuters -



    Damned if you don't (immediate default).

    Damned if you do (eventual and inevitable default in future)

    The Catch-22 situation which will drive the world into another "Great Recession" - the 21st Century term (to soften the blow on citizens who will suffer all the pain) for a depression.

    cheers
    CommentQuote
  • Black money list out ???

    Originally Posted by punerebuyer
    Found this link somewhere about our future-PM-hopeful Rahul Gandhi...

    Swiss bank account

    Independent reports have recently calculated his and his immediate family's financial net worth to be anywhere between $9.41 billion (Rs 42,345 crore) to $18.66 billion (Rs 83,900 crore).
    Harvard scholar Yevgenia Albats cited KGB correspondence about payments to Rajiv Gandhi and his family, which had been arranged by Viktor Chebrikov, which shows that KGB chief Viktor Chebrikov sought in writing an "authorization to make payments in US dollars to the family members of Rajiv Gandhi, namely Sonia Gandhi, Rahul Gandhi and Paola Maino, mother of Sonia Gandhi" from the CPSU in December 1985. Payments were authorized by a resolution, CPSU/CC/No 11228/3 dated 20/12/1985; and endorsed by the USSR Council of Ministers in Directive No 2633/Rs dated 20/12/1985. These payments had been coming since 1971, as payments received by Sonia Gandhi's family and "have been audited in CPSU/CC resolution No 11187/22 OP dated 10/12/1984. In 1992 the media confronted the Russian government with the Albats disclosure. The Russian government confirmed the veracity of the disclosure and defended it as necessary for "Soviet ideological interest."
    In 2004, Rahul Gandhi's party appointed
    Manmohan Singh as the Prime Minister. Manmohan Singh was the only international leader to initially refuse to receive black money data provided by the German authorities during 2008 Liechtenstein tax affair. Under pressure from the main opposition party, the Bharatiya Janata Party, the Manmohan Singh government later reluctantly agreed to accept a part of the data but stoutly refused to make it public.
    In 2010, a group of concerned eminent Indian citizens consisting of KPS Gill, Ram Jethmalani and Subhash Kashyap amongst others petitioned the Supreme Court to ask the Manmohan Singh government to make the list of names of Indian citizens with black money in Liechtenstein Bank public. The Manmohan Singh government in response refused to make the names of Indian account holders in Liechtenstein bank public. Following which the Supreme Court questioned the government’s reluctance to disclose the names of Indian nationals who have stashed black money largely earned through illegitimate means in foreign banks, asking “what is the big deal about it?” In 2011, the Supreme court again lashed out at the government for inaction in the Swiss Bank matter.
    This controversy had risen in the wake of the 2006 Swiss Banking Association report.


    Rahul Gandhi - Wikipedia, the free encyclopedia


    Black money list revealed, 15 Indians named - The Economic Times


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):
    CommentQuote
  • Diamond merchants and friends of Pawer.
    CommentQuote
  • Originally Posted by frugality
    Black money list revealed, 15 Indians named - The Economic Times


    Names of 15 Indians who have stashed away wealth in offshore banks have been made public by Tehelka magazine in its latest issue.

    Tehelka claimed it has in possession two more names, but were holding them back for verification. One name is alleged to be that of a prominent politician and the other chairman of a leading company.



    The 15 names include Manoj Dhupalia, Rupla Dhupalia, Mohan Dhupalia, Hasmukh Gandhi, Chintan Gandhi, Dilip Mehta , Arun Mehta, Arun Koohar, Gunwanti Mehta, Rajnikant Mehta, Prabodh Mehta, Ashok Jaipuria, Raj Foundation, Urvasi Foundation and Ambunova Trust.


    any Ideas about these names:bab (34):


    yes... these are going to be our future ministers... and the one who pays most to Sonia can even be deputy PM (because nobody will be able to beat Rahulbaba in terms of influence and blank money... )
    CommentQuote
  • CommentQuote
  • SONIA'S KGB CONNECTIONS

    Continuing to share some more info about India's anti-nationals.

    Such has been the patronage from the beginning extended to Sonia Gandhi and her Italian family from the Soviets. When a Prime Minister of India’s son dates a girl in London, the KGB which valued Indo-Soviet relations, would naturally investigate her. They had, and found out that she was the daughter of Stefano, their old reliable Italian contact. Thus, Sonia married to Rajiv, meant deep access for the Soviets, into the household of the Indian Prime Minister. Hence cementing the Rajiv-Sonia relations was in the Soviet national interest and they went to work on it. And they did, through their moles in the Indira Gandhi camp.


    After her marriage to Rajiv, the Soviet connection with the Mainos was fortified and nurtured by generous financial help through commissions and kick-backs on every Indo—Soviet trade deal and defence purchases. According to the respected Swiss magazine, Schweitzer Illustrate Rajiv Gandhi had about $2.3 billion in numbered Swiss bank accounts—which Sonia inherited upon his assassination.


    Dr. Yevgenia Albats, Ph.D, is a noted Russian scholar and journalist, and was a member of the KGB Commission set up by President Yeltsin in August 1991. She was privy to the Soviet intelligence files that documented these deals and KGB facilitation of the same. In her book—“The State Within a State: The KGB in the Soviet Union”, she even gives the reference numbers of such intelligence files which can now be accessed by any Indian government through a formal request to the Kremlin.


    The Russian Government in 1992 was confronted with the Albats’ disclosure by the media. The official spokesperson of the government confirmed the veracity of the disclosure . The spokesperson defended such financial payments as necessary in “Soviet ideological interest”. Part of the funds were used by the Maino family to fund loyal Congress party candidates in the General Elections.


    When the Soviet Union disintegrated in 1991, things changed for Ms. Sonia Gandhi. Her patron nation had been disbanded into 16 countries. The rump that became Russia was in a financial mess and disorder. So, Ms. Sonia Gandhi switched and became a supporter of another communist country much to the annoyance of the Russians.


    The national security ramification of this ‘annoyance’ is now significant: The President of Russia today is Putin, a former dyed-in-the-wool KGB officer. Upon Dr. Manmohan Singh’s government taking office, Russia called back it’s career diplomat Ambassador in New Delhi and immediately posted in his place, as the new Ambassador, a person who was the KGB station chief in New Delhi during the 1970s.


    In view of Dr. Albats revelation, it stands to reason that the new Ambassador would have known first hand about Sonia’s connections with the KGB. He may have in fact been her “controller” and local contact. The new Indian government today which is defacto Sonia’s, cannot afford to annoy him or even disregard Russian demands that come from him. The Sonia coterie will obviously seek to placate him so as not to risk exposure. Is this not a major national security risk for India and a delicate matter for the nation’s sovereignty?


    Of course, all Indians would like good normal and healthy relations with Russia. Who can forget their assistance to us in times of need? Today’s Russia is the residual legatee of that Soviet Union which helped India. But just because of that, should we tolerate those in our government set up having clandestine links with a foreign spy agency? In the United States, the government did not tolerate an American spying for Israel even though the two countries are as close as any two countries can be. National security and friendship are as different as chalk and cheese.


    In December 2001, I had filed a Writ Petition in the Delhi High Court with the photocopies of the KGB documents, and sought a CBI investigation which the Vajpayee Government was stoutly refusing. Earlier, Minister of State for CBI, Vasundara Raje , had ordered the CBI to investigate. But after Sonia Gandhi and her party stalled the proceedings of Parliament on this issue, the then Prime Minister Vajpayee overruled and cancelled Vasundara’s direction to the CBI.


    The Delhi High Court in May 2002 issued a direction to the CBI to ascertain from Russia the truth of my charges. The CBI procrastinated for two years, and finally told the Court that without an FIR registered, the Russians will not entertain any such query. But who stopped the CBI from registering an FIR? The Vajpayee government! And why? Thereby hangs another tale., had ordered the CBI to investigate. But after Sonia Gandhi and her party stalled the proceedings of Parliament on this issue, the then Prime Minister Vajpayee overruled and cancelled Vasundara’s direction to the CBI.


    The Delhi High Court in May 2002 issued a direction to the CBI to ascertain from Russia the truth of my charges. The CBI procrastinated for two years, and finally told the Court that without an FIR registered, the Russians will not entertain any such query. But who stopped the CBI from registering an FIR? The Vajpayee government! And why? Thereby hangs another tale., had ordered the CBI to investigate. But after Sonia Gandhi and her party stalled the proceedings of Parliament on this issue, the then Prime Minister Vajpayee overruled and cancelled Vasundara’s direction to the CBI.


    The Delhi High Court in May 2002 issued a direction to the CBI to ascertain from Russia the truth of my charges. The CBI procrastinated for two years, and finally told the Court that without an FIR registered, the Russians will not entertain any such query. But who stopped the CBI from registering an FIR? The Vajpayee government! And why? Thereby hangs another tale., had ordered the CBI to investigate. But after Sonia Gandhi and her party stalled the proceedings of Parliament on this issue, the then Prime Minister Vajpayee overruled and cancelled Vasundara’s direction to the CBI.


    The Delhi High Court in May 2002 issued a direction to the CBI to ascertain from Russia the truth of my charges. The CBI procrastinated for two years, and finally told the Court that without an FIR registered, the Russians will not entertain any such query. But who stopped the CBI from registering an FIR? The Vajpayee government! And why? Thereby hangs another tale.
    CommentQuote
  • Real, this sounds like John Le Carre !!!!

    Who is the "I" ?

    Keep them coming
    CommentQuote
  • 'I' is Dr. Subramanian Swamy ( National President, Janata Party)

    Real has excerpted it from swamy's exhaustive and damaging research on sonia gandhi at
    Welcome to www.Janata Party.org

    its an eye opener

    Originally Posted by Venkytalks
    Real, this sounds like John Le Carre !!!!

    Who is the "I" ?

    Keep them coming
    CommentQuote
  • Originally Posted by Manoos
    'I' is Dr. Subramanian Swamy ( National President, Janata Party)

    Real has excerpted it from swamy's exhaustive and damaging research on sonia gandhi at
    Welcome to www.Janata Party.org

    its an eye opener


    how and why would anybody believe Dr. swamy's comprehensive essay? what are ramifications of these revelations on website which is open and congress party i remember banned a website called hindu jagrity after it posted alleged rape by rahul, which was being hosted in US and its properitors absconded after investigations begun...congress surprisingly has either noticed these things or find it too insignificant to counter...
    CommentQuote
  • Originally Posted by realacres
    Continuing to share some more info about India's anti-nationals.

    Such has been the patronage from the beginning extended to Sonia Gandhi and her Italian family from the Soviets. When a Prime Minister of India’s son dates a girl in London, the KGB which valued Indo-Soviet relations, would naturally investigate her. They had, and found out that she was the daughter of Stefano, their old reliable Italian contact. Thus, Sonia married to Rajiv, meant deep access for the Soviets, into the household of the Indian Prime Minister. Hence cementing the Rajiv-Sonia relations was in the Soviet national interest and they went to work on it. And they did, through their moles in the Indira Gandhi camp.


    After her marriage to Rajiv, the Soviet connection with the Mainos was fortified and nurtured by generous financial help through commissions and kick-backs on every Indo—Soviet trade deal and defence purchases. According to the respected Swiss magazine, Schweitzer Illustrate Rajiv Gandhi had about $2.3 billion in numbered Swiss bank accounts—which Sonia inherited upon his assassination.


    Dr. Yevgenia Albats, Ph.D, is a noted Russian scholar and journalist, and was a member of the KGB Commission set up by President Yeltsin in August 1991. She was privy to the Soviet intelligence files that documented these deals and KGB facilitation of the same. In her book—“The State Within a State: The KGB in the Soviet Union”, she even gives the reference numbers of such intelligence files which can now be accessed by any Indian government through a formal request to the Kremlin.


    The Russian Government in 1992 was confronted with the Albats’ disclosure by the media. The official spokesperson of the government confirmed the veracity of the disclosure . The spokesperson defended such financial payments as necessary in “Soviet ideological interest”. Part of the funds were used by the Maino family to fund loyal Congress party candidates in the General Elections.


    When the Soviet Union disintegrated in 1991, things changed for Ms. Sonia Gandhi. Her patron nation had been disbanded into 16 countries. The rump that became Russia was in a financial mess and disorder. So, Ms. Sonia Gandhi switched and became a supporter of another communist country much to the annoyance of the Russians.


    The national security ramification of this ‘annoyance’ is now significant: The President of Russia today is Putin, a former dyed-in-the-wool KGB officer. Upon Dr. Manmohan Singh’s government taking office, Russia called back it’s career diplomat Ambassador in New Delhi and immediately posted in his place, as the new Ambassador, a person who was the KGB station chief in New Delhi during the 1970s.


    In view of Dr. Albats revelation, it stands to reason that the new Ambassador would have known first hand about Sonia’s connections with the KGB. He may have in fact been her “controller” and local contact. The new Indian government today which is defacto Sonia’s, cannot afford to annoy him or even disregard Russian demands that come from him. The Sonia coterie will obviously seek to placate him so as not to risk exposure. Is this not a major national security risk for India and a delicate matter for the nation’s sovereignty?


    Of course, all Indians would like good normal and healthy relations with Russia. Who can forget their assistance to us in times of need? Today’s Russia is the residual legatee of that Soviet Union which helped India. But just because of that, should we tolerate those in our government set up having clandestine links with a foreign spy agency? In the United States, the government did not tolerate an American spying for Israel even though the two countries are as close as any two countries can be. National security and friendship are as different as chalk and cheese.


    In December 2001, I had filed a Writ Petition in the Delhi High Court with the photocopies of the KGB documents, and sought a CBI investigation which the Vajpayee Government was stoutly refusing. Earlier, Minister of State for CBI, Vasundara Raje , had ordered the CBI to investigate. But after Sonia Gandhi and her party stalled the proceedings of Parliament on this issue, the then Prime Minister Vajpayee overruled and cancelled Vasundara’s direction to the CBI.


    The Delhi High Court in May 2002 issued a direction to the CBI to ascertain from Russia the truth of my charges. The CBI procrastinated for two years, and finally told the Court that without an FIR registered, the Russians will not entertain any such query. But who stopped the CBI from registering an FIR? The Vajpayee government! And why? Thereby hangs another tale.

    While I am in no position to deny this, I always find such essay's doubtful. There were essay's written by hindutva.org which claimed the right over Aryan Civilization and its subsequent merging into the Hindu culture. Whether that was true or false is another story, but the idea was instigate a saffron agenda. All these kind of essay's are meaningless.

    While I am in no position to deny this, I always find such essay's doubtful. There were essay's written by hindutva.org which claimed the right over Aryan Civilization and its subsequent merging into the Hindu culture. Whether that was true or false is another story, but the idea was instigate a saffron agenda. All these kind of essay's are meaningless.

    While I am in no position to deny this, I always find such essay's doubtful. There were essay's written by hindutva.org which claimed the right over Aryan Civilization and its subsequent merging into the Hindu culture. Whether that was true or false is another story, but the idea was instigate a saffron agenda. All these kind of essay's are meaningless.

    While I am in no position to deny this, I always find such essay's doubtful. There were essay's written by hindutva.org which claimed the right over Aryan Civilization and its subsequent merging into the Hindu culture. Whether that was true or false is another story, but the idea was instigate a saffron agenda. All these kind of essay's are meaningless.

    While I am in no position to deny this, I always find such essay's doubtful. There were essay's written by hindutva.org which claimed the right over Aryan Civilization and its subsequent merging into the Hindu culture. Whether that was true or false is another story, but the idea was instigate a saffron agenda. All these kind of essay's are meaningless.

    While I am in no position to deny this, I always find such essay's doubtful. There were essay's written by hindutva.org which claimed the right over Aryan Civilization and its subsequent merging into the Hindu culture. Whether that was true or false is another story, but the idea was instigate a saffron agenda. All these kind of essay's are meaningless.
    CommentQuote
  • Are these real.. I think some parts maybe.. but there is also some ripe imagination..
    These have been there for a while.. somehow neither does opposition try to leverage this nor the ruling party try to dismiss it..

    Will these assume significance once Rahul is projected as PM.. Time will tell

    Originally Posted by Manoos
    'I' is Dr. Subramanian Swamy ( National President, Janata Party)

    Real has excerpted it from swamy's exhaustive and damaging research on sonia gandhi at
    Welcome to www.Janata Party.org

    its an eye opener
    CommentQuote
  • A thriller for free ... even if no immediate value!

    Originally Posted by harshalx
    While I am in no position to deny this, I always find such essay's doubtful. There were essay's written by hindutva.org which claimed the right over Aryan Civilization and its subsequent merging into the Hindu culture. Whether that was true or false is another story, but the idea was instigate a saffron agenda. All these kind of essay's are meaningless.



    Harsha,

    Once in a while we must suspend keeping score and just allow for some entertainment! :)

    And that too for free ...

    Intresting story Real. Who knows. Truth is generally stranger than fiction!

    cheers
    CommentQuote
  • Swamy has given enough links/evidences from italian govt and indian newspapers. swamy has been a professor at IIT and Harvard, so he will not just spew venom without proof.

    go through the links and decide yourself. with the comedy circus going in india, anything stupid can be true !!


    Originally Posted by Sharpj
    Are these real.. I think some parts maybe.. but there is also some ripe imagination..
    These have been there for a while.. somehow neither does opposition try to leverage this nor the ruling party try to dismiss it..

    Will these assume significance once Rahul is projected as PM.. Time will tell
    CommentQuote