tag:blogger.com,1999:blog-1072534379447599771.post4040955004742530086..comments2024-03-22T18:51:07.375+08:00Comments on Anand's Blog: Should the Government of India Bailout Air IndiaAnand Vijayakumarhttp://www.blogger.com/profile/04069290912727901147noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1072534379447599771.post-10926527366087989992012-06-01T00:45:56.173+08:002012-06-01T00:45:56.173+08:00Thank you for sharing my perspective. We could spr...Thank you for sharing my perspective. We could spread the message - the message of liberty, the message of freedom. Socialism has been the core reason for many of the corrupt activities taking place (& not just in India). While in an utopia all the people accountable for "public money" are reincarnations of God Himself, in our real world that is not the case - it never was, it is MNhttps://www.blogger.com/profile/06902195593897651215noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-15540028086261969262012-05-31T19:57:53.992+08:002012-05-31T19:57:53.992+08:00Cant Agree More :) Everything you said is 100% tru...Cant Agree More :) Everything you said is 100% true and I too feel the same way about things. Unfortunately there is not much we can do apart from hoping for better things to come in future. Lets hope for the bestAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-59059151316188983352012-05-31T01:58:49.446+08:002012-05-31T01:58:49.446+08:00Hi Anand,
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On the one hand you seem to agree that...Hi Anand,<br />.<br />On the one hand you seem to agree that socialism is the problem - while on the other you are stating it is not. Let me elaborate.<br />.<br />a) "their vulnerability to sops" - You mean the greed to accept bribe is a "vulnerability"?<br />.<br />b) "The problem is not socialism - the problem is the individual mentality" - Let's see.<br />.<MNhttps://www.blogger.com/profile/06902195593897651215noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-85619287818952454922012-05-29T20:43:56.443+08:002012-05-29T20:43:56.443+08:00Because - It is owned by the Government and Air In...Because - It is owned by the Government and Air India flying means a lot of respect and prestige for the Country. As a result they are trying everything to keep Air India Flying while the staff & management of Air India are using this to their advantage and having fun at the expense of the tax payersAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-9408524978379431312012-05-29T13:45:30.360+08:002012-05-29T13:45:30.360+08:00Why doesnt the government let Air India go bankrup...Why doesnt the government let Air India go bankrupt???Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-28693006136255592842012-05-26T15:30:10.212+08:002012-05-26T15:30:10.212+08:00Using his influence on our politicos and their vul...Using his influence on our politicos and their vulnerability to sops, Mallya wanted to enlist the governments help in restructuring his debt & even a possible bailout. But, other industrialists were vocal in their protest and once the negative reaction by the common public including the opposition parties fortunately put an end to it. Does Mallya have no money to spend on kf airlines? He has Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-7966278664577068252012-05-26T02:17:31.295+08:002012-05-26T02:17:31.295+08:00Awesome, thank you.
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At kaipullai's blog I re...Awesome, thank you.<br />.<br />At kaipullai's blog I read about how SBI & other banks are planning to fund the ever-losing Mallya enterprise. The levels of corruption in high govt offices & among bureaucrats is frequently brought into limelight - however the enormous levels of corruption in Corporations are seldom even mentioned. Banks, IT companies, every *big enterprise* has MNhttps://www.blogger.com/profile/06902195593897651215noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-82462381023688967202012-05-25T10:05:01.137+08:002012-05-25T10:05:01.137+08:00And - I have edited that sentence to use the term ...And - I have edited that sentence to use the term Taxes instead of Income Tax...Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-70823529034962355642012-05-25T10:04:14.761+08:002012-05-25T10:04:14.761+08:00@ MN
Thanks for pointing out. Yes, the point I wa...@ MN<br /><br />Thanks for pointing out. Yes, the point I was trying to make here is that the tax payer money (irrespective of whether it is income tax or corp tax or any other form of tax) is being wasted on this loss making entity. <br /><br />Also, I dont think Corporations are charged at 30% of their profits. Its much lesser than the taxation levels of citizens. Anyways I will gather info on Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-22930358924703267092012-05-25T02:08:17.702+08:002012-05-25T02:08:17.702+08:00Hi Anand,
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Once again, I agree with this post. I ...Hi Anand,<br />.<br />Once again, I agree with this post. I don't think it's prudent for any govt to bail-out any private or public entity. If some company goes under water, it deserves to be liquidated so other organic growth can happen to take its place.<br />.<br />"Where else – From our Income Tax" - I don't disagree - but that statement is misleading. Income tax does MNhttps://www.blogger.com/profile/06902195593897651215noreply@blogger.com