MillionFace

Probably, there are no country with opened economy in the world, which has not suffered from financial crisis. Troubles about solvency of the biggest financial institutions of U.S.A. and Europe push the world financial system to systematic collapse.

British Prime Minister Gordon Brown and Chancellor of the Exchequer Alistair Darling ask parliament to adopt £500 billion bailout for the British banking system.

Lame duck U.S. President George W. Bush held an Oct. 11 meeting with finance ministers of G7, as well as with heads of the IMF and World Bank. At the end of the meeting, Bush said that all its members recognize the seriousness of the current crisis, and that the global crisis requires a global response. The challenge is that the actions of one country do not run or do not undermine the actions of another.

U.S. Treasury Henry Paulson.

George W. Bush and Henry Paulson after the U.S. Congress from the second attempt passed bill on the redemption the country’s financial system over 700 billion dollars owed to American taxpayers.

Protests spread to the United States of the people, who oppose the proposed White House plan of support of financial sector, which will cost the budget in the amount of $ 700 billion.

Women’s anti-war activists and human rights organization «Code Pink» defend the interests of ordinary
taxpayers.

German Chancellor Angela Merkel.

Right to left: British Prime Minister Gordon Brown, French President Nicolas Sarkozy, Italian Prime Minister Silvio Berlusconi and German Chancellor Angela Merkel.

At October 6 index of Dow Jones for the first time in four years dropped below 10,000 points.

New York Stock Exchange.

New York Exchange (NYSE).

Since the beginning of the financial crisis the richest Russians have lost a total of $ 230 billion or 52% its capital. These are the outcome of the crisis in the financial projections for the state of Russian billionaires.

Russian President Dmitry Medvedev and Chairman of the Supervisory Board «Alfa Group» Mikhail Fridman.
There is information about the imposition of economic censorship on public television, which allegedly banned on-air mention the word «crisis» and «collapse». None of the three major Russian channels - Channel One, Russia and NTV did not report record 19-percent fall in Russian stocks on Monday October 6. Instead, they talked about meeting of President Medvedev and Mikhail Friedman, during which were discussed opportunities that have arisen for Russian companies in connection with the global financial crisis.
During a recent visit to the Magadan region Dmitry Medvedev got acquainted with the production of gold and silver ingots at Kolymsky Affinazhny plant and an exhibition of Magadan Local History Museum.

Dubai Stock Exchange.

Brazilian Mercantile & Futures Exchange (BM&F).

Panic on Sao Paolo Exchange.

Frankfurt Stock Exchange.

Frankfurt Stock Exchange (FSE).

London Stock Exchange (LSE).

The protest outside the bank Lloyd’s TSB in London.

FRANKFURT

UK

NYSE

TOKYO

INDIA

PARIS

AND FINALLY

PAKISTAN

Lehman Bank employees stage a protest by blockading the entrance to the Bank’s Headquarters
Poor chaps they have only Ferraris

$440,000 partying at a swanky California resort days after your $85 billion bailout

In less than a week after federal officials agreed to an $85 billion bailout of American International Group, the insurance firm spent more than $440,000 for a corporate retreat at a swanky California resort.The late-September AIG gathering at the St. Regis Resort in Monarch Beach cost $443,343, according to the invoice. The six-figure sum covered hotel rooms, banquets, golf fees, and spa services at the resort south of Los Angeles.
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Don’t know how far this is true, but a friend of mine forwarded me this

This is so shocking…….wish black money deposits was an Olympics event….India would have won a gold medal hands down. The second best Russia has 4 times lesser deposit. US is not even there in the counting in top five !! India has more money in swiss banks than all the other countries
combined

Recently, due to international pressure, Swiss govt. agreed to disclose the names of the account holders only if the respective govts formally asked for it. Indian govt. is not asking for the details…….no marks for guessing why ????

We need to start a movement to pressurize the govt. to do so !! this is perhaps the only way, and a golden opportunity, to expose the high and mighty and weed out corruption !!

Please read on……and forward to all the honest Indians to…..like somebody is forwarding to you…….and build a ground-swell of support for action !!

Is India poor, who says? Ask Swiss banks With personal account deposit bank of $1500 billion in foreign reserve which have been misappropriated, an amount 13 times larger than the country’s foreign debt, one needs to rethink if India is a poor country?.

DISHONEST INDUSTRIALISTS, scandalous politicians and corrupt IAS, IRS, IPS officers have deposited in foreign banks in their illegal personal accounts a sum of about $ 1500 billion, which have been misappropriated by them.

This amount is about 13 times larger than the country’s foreign debt. With this amount 45 crore poor people can get Rs 1,00,000 each. This huge amount has been appropriated from the people of India by exploiting and betraying
them.

Once this huge amount of black money and property comes back to India , the entire foreign debt can be repaid in 24 hours. After paying the entire foreign debt, we will have surplus amount, almost 12 times larger than the foreign debt. If this surplus amount is invested in earning interest, the amount of interest will be more than the annual budget of the Central government. So even if all the taxes are abolished, then also the Central government will be able to maintain the country very comfortably.

Some 80,000 people travel to Switzerland every year, of whom 25,000 travel very frequently.

“Obviously, these people won’t be tourists. They must be travelling there for some other reason,” believes an official involved in tracking illegal money. And, clearly, he isn’t referring to the commerce ministry bureaucrats who’ve been flitting in and out of Geneva ever since the World Trade Organisation (WTO) negotiations went into a tailspin!

Just read the following details and note how thesedishonest industrialists, scandalous politicians, corrupt officers, cricketers, film actors, illegal sex trade and protected wildlife operators, to name just a few, sucked this country’s wealth and prosperity. This may be the picture of deposits in Swiss banks only. What about other international banks?

Black money in Swiss banks — Swiss Banking Association report, 2006 details bank deposits in the territory of Switzerland by nationals of following countries:

Top five
India—- $1,456 billion
Russia —$ 470 billion
UK ——-$390 billion
Ukraine - $100 billion
China —–$ 96 billion

Now do the maths - India with $1456 billion or $1.4 trillion has more money in Swiss banks than rest of the world combined. Public loot since 1947:

Can we bring back our money? It is one of the biggest loots witnessed by mankind — the loot of the Aam Aadmi (common man) since 1947, by his brethren occupying public office. It has been orchestrated by politicians, bureaucrats and some businessmen.

The list is almost all-encompassing. No wonder, everyone in India loots with impunity and without any fear.

What is even more depressing in that this ill-gotten wealth of ours has been stashed away abroad into secret bank accounts located in some of the world’s best known tax havens. And to that extent the Indian economy has been stripped of its wealth.

Ordinary Indians may not be exactly aware of how such secret accounts operate and what are the rules and regulations that go on to govern such tax havens. However, one may well be aware of ‘Swiss bank accounts,’ the shorthand for murky dealings, secrecy and of course pilferage from developing countries into rich developed ones.

In fact, some finance experts and economists believe tax havens to be a conspiracy of the western world against the poor countries. By allowing the proliferation of tax havens in the twentieth century, the western world explicitly encourages the movement of scarce capital from the developing countries to the rich.

In March 2005, the Tax Justice Network (TJN) published a research finding demonstrating that $11.5 trillion of personal wealth was held offshore by rich individuals across the globe.

The findings estimated that a large proportion of this wealth was managed from some 70 tax havens.
Further,augmenting these studies of TJN, Raymond Baker — in his widely celebrated book titled ‘Capitalism’ s Achilles Heel: Dirty Money and How to Renew the Free Market System’ — estimates that at least $5 trillion have been shifted out of poorer countries to the West since the mid-1970.

It is further estimated by experts that one per cent of the world’s population holds more than 57 per cent of total global wealth, routing it invariably through these tax havens. How much of this is from India is anybody’s guess.

What is to be noted here is that most of the wealth of Indians parked in these tax havens is illegitimate money acquired through corrupt means.

Naturally, the secrecy associated with the bank accounts in such places is central to the issue, not their low tax rates as the term ‘tax havens’ suggests. Remember Bofors and how India could not trace the ultimate beneficiary of those transactions because of the secrecy associated with
these bank accounts?

The Hong Kong International Airport was named the world’s best for the seventh year in an annual survey of passengers, with Asian airports dominating the top positions in the list.

The annual survey conducted by Skytrax, a U.K.-based consultancy, judges airports on more than 40 categories, ranking them after collecting 8.2 million questionnaires completed by passengers over a 10-month period.

The passengers judged 190 airports on factors like shopping, dining, staff courtesy, baggage delivery and wait-times at security.

Hong Kong, with its reputation for efficiency and comfort, bested airports in Singapore and Seoul, South Korea, which ranked second and third.

Also in the top 10 were airports in Kansai, Japan, and Kuala Lumpur, Malaysia.

Airports in Europe - Munich, Germany; Copenhagen, Denmark; Zurich, Switzerland; and Helsinki, Finland - took most of the remaining top spots.

Cape Town, South Africa rounded out the list at No.10.

Missing from the list were any airports in the United States, for me which is not hard to believe considering the amount of Traffic handled by American Airports. After all 10 out of the top 20 worlds busiest airports by passenger traffic are in the US .

Here is the list of top 5 busiest US airports, Atlanta and O’ Hare have been the busiest in the world for many many years

1) Hartsfield-Jackson Atlanta International Airport - Atlanta
2) O’Hare International Airport - Chicago
3) Los Angeles International Airport - Los Angeles
4) Dallas-Fort Worth International Airport - Dallas-Fort Worth
5) Denver International Airport - Denver

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Now see this stuff.This is taken from world’s tallest building “Burj Dubai” at 2,620 ft / 801m

Needless to say, Every house has a beach

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