I work as an economist at Netcore Solutions in Mumbai.
You can contact me by writing to me atanudey at gmail.
The American administration sent a letter to the Congress clarifying what the 123 Agreement with India entails for the US. The letter was leaked recently. There’s nothing in the letter which should come as a surprise because its contents are consistent with what the Americans have been saying all along. What the letter strongly suggests is that either that Prime Minister Manmohan Singh is lying or it is clearly delusional.
Here’s the view of a former chairman of the Atomic Energy Commission, PK Iyengar, expressed in an article in The Pioneer. He says that India’s freedom to test will be curtailed. This is, in his opinion, undesirable as testing is essential for India to maintain a credible nuclear deterrence.
Arun Shourie makes the case that the Americans are bound by their Atomic Energy Act of 1954 and the Hyde Act, and that the 123 Agreement does not in any way invalidate them. (I don’t have a link to Shourie’s article, and so I will post his article below the fold until such time that I have a link.)
My view is that India should not sign the agreement. I find the arguments by Iyengar and Shourie persuasive. Just for argument’s sake, let’s assume that it is a bad agreement and India pays dearly for it down the line. What is the penalty that those who pushed India into such a bad deal face? None at all. Mr Singh and boss will never have the pay for the follies, just as their predecessors whose gross stupidity has caused untold misery on hundreds of millions of Indians got away with no penalty (and indeed they are celebrated as great visionaries and leaders.)
I think that the prime minister is not a deluded fool and knows fully well what the 123 Agreement will do to India. That forces me to conclude that he is dishonest in his insistence that it is good for India. But then it is not the least surprising to find dishonest politicians in India. That’s Indian democracy for you — and therein lies the only consolation for me: the people choose unwisely and it is they who will suffer the consequences of their choices.
It’s all karma, neh?
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Here’s Jeff Dunham with Achmed, the dead terrorist. Is it work safe, you ask? Most certainly not. And besides, you should not be watching YouTube at work. Nor reading this blog, come to think of it. It is a waste of your employer’s money.
That video has had an astounding over 52,000,000 views and has a 5-star rating from over 200,000 reviewers.
Monotheism is evil. And many of the followers of the monotheistic faiths are “vicious tyrannical thugs.”
There’s this black guy asking for change. Some people, I tell you.
[Off to Mumbai. See you there today.]

One of my pet peeves is the idiotic mixing of English and Hindi words in advertising copy which is cropping up everywhere on billboards and in print. Perhaps it is considered cool. But it is cool in only the way that displaying abysmal stupidity and illiteracy is cool–which is to say it isn’t. What it advertises is that that both the writer and the readers don’t quite know either of the languages and perhaps don’t even know that they don’t know the distinction between the two. I call it “rajivspeak” in honor of the man who was a master in this regard.
A few years ago, I was lamenting the poor grasp some people have of even one of the basic languages of India to someone. He wrote back saying, “I had the pleasure of watching Rajiv Gandhi give a speech in Hindi to the hapless denizens of Malda district in Bengal. The populace is linguistically challenged, period, at the best of times. And not just with respect to Hindi. They had to face up to Rajiv’s stuff, which if memory serves me right, went along these lines:
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If you ever wondered where Tom Friedman got the idea, here is a wild conjecture. Friedman thought that invading Iraq was a good idea. So they went and bombed Iraq and flattened it. Little surprise then that some Iraqis think that the earth is flat and Tom wrote a book that the world is flat. QED.
The Earth is Flat: Debate on Iraqi TV.
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Found on the web. A little rascal.
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(Hat tip: Jan Manik)
Philosophically, I belong to the Advaita Vedanta school of thought (and many other schools as well). Check out the Non-Duality Cartoons site. (hat tip: Amar K).
