Some Things Never Change

(This first appeared in the Sunday Guardian)

A long, long time ago, back in 2007, things were very different. The BJP was promising to provide strong, decisive leadership as the alternate to a UPA government riddled with coalition blues and governance problems. The American President was being criticized for illegally wiretapping American citizens while Hillary Clinton was expected to win the next Presidential election. Kevin Rudd wrested the office of the Prime Minister from an unpopular incumbent. Britain was being led by a slimy, unpopular Murdoch crony. And the world of cricket was hit with a betting scandal and administrators swore that something like that would never happen again.

Let’s not forget that it was also the year when wall street brought the global financial system to the brink of collapse. The resulting economic backlash was so bad that most countries are still feeling the after-effects of that tsunami. One would imagine that people who screwed up so royally that we were on the verge of re-establishing the barter system as the standard for exchange of goods and services would have stopped to consider the suffering their actions wrought upon the world and would try not to repeat the mistakes of the past. Seems like the perfect opportunity for people’s elected representatives and enforcement officials to make themselves useful and constitute and enforce laws that would make it impossible for the viability of every currency note in the world to depend upon the ability of recovering addict and extraordinary air guitarist Jimmy Ray Jones from Bumf**k, Idaho to fulfil his financial obligations.

“LOL.” If you believe that there is even a remote possibility of something like that happening, then you must still believe in the existence of Santa Claus, millionaire sons of deposed Nigerian princes and Clint Eastwood. Not only have the people responsible for the worst stock market crash since the great depression escaped punishment with a strongly worded gesture, but they continue to do business the same way as before.

In this fortnight’s Rolling Stone, journalist Matt Taibbi revealed how the ratings agencies who played a major part in ushering the crash by providing whatever ratings the offending banks wanted for their financial instruments – most of which they filled with junk investments - in lieu of money. Proving, yet again, that the global finance industry is one huge circle-jerk between the bankers, the people who’re supposed to regulate them, the ‘industry experts’ and the rating agencies.

In the report, many current and former employees of the rating agencies have gone on record - in depositions and/or emails obtained by the magazine - to admit that they were basically making up the numbers so as to be able to provide their clients with whatever rating they preferred for their financial instruments. That’s because they make most of their money from the companies who sell these instruments. That’s like asking students to mark their own exam sheet. Yet, these very agencies like to dictate the economic policies of governments around the world. Comply with what we say or your sovereign rating gets it. Talk about the emperor having no clothes!

These are the charlatans that the people elected to make economic decisions on our behalf seek validation from. I’m just spit-balling here, but maybe it isn’t a good idea to subjugate your country’s economic policies to the whims and fancies of an agency which gave its highest honour (an AAA rating) to a bank whose collapse one month later wiped out about five trillion dollars from the global economy?

In fact, the people running our economy keep harping about achieving eight percent growth, a claim that is as fraudulent as a report by an analyst working for a ratings agency. But they keep pretending that it’s the only solution to all our problems. A little blue pill that will stir our impotent economy back into action. Although, to be fair, if your economic growth lasts for more than four hours, you don’t need to call a doctor.

Economic theory suggests that the ‘invisible hand of the market’ always brings about a happy ending by balancing things out. That hand is now a hundred percent subsidiary of wall street.

And if you look carefully, it’s giving you the finger.

If only Julia Roberts could fight terrorism, we would be okay

The opening paragraph of this 'report' is the most awesome description of why things in our country are so fucked up. [Rediff Movies]

Pakistan puts Hafiz Saeed 'in custody'. They will let us know what that means once they figure it out themselves. Meanwhile, intelligence sources told us that Saeed is still allowed to order his favourite biryani pizza from Dominos, everyday. So much for austerity. [HT]

After successfully ruining some dude's life by getting him to impregnate Rakhi Sawant with an alien child, the producers of NDTV Un-Imagine have decided to find a child bride for famewhore Rahul Mahajan. Mahajan's ideal partner should have long hair, believe in traditional values, be able to change adult diapers and have both male and female reproductive organs. [NDTV Movies]

Sonia Gandhi asks Shashi Tharoor to write "I will not twitter during class" a hundred times, using a Mont Blanc ink pen. This will also go into Tharoor's permanent record and might hinder his getting admission into a good college. [The Hindu]

Sarah Palin will address fund managers in Hong Kong because those douchebags have too much money and they thought that instead of a real person they would just hire a hockey mom who winks a lot. After she gives her 'speech', she will give each attendee a free copy of the      straight-to-dvd movie Knocked Up: The Bristol Palin story. Then, she will go sightseeing to the 'Americatown' part of Hong Kong. [Bloomberg]

The Union Home Minister says that Delhiites need to change their behavioural pattern and need to learn to respect the rules. Phooey! That's such false propaganda. Delhiites respect the law, we just tend not to follow it on rare occasions. Like I jumped only two red lights today. Okay, it was five. But I had a good reason for it. I was late for happy hour. Fine, whatever. By the way, someone needs to tell the minister that the biggest lawbreakers in Delhi are those guys he sits with in that Lok Sabha thing where he and his peers do that thing they do. As I said, whatever.[TOI]

The G20 lowdown

Sadly, the last international cocktail party before money becomes obsolete and we are back to using the barter system, called the G20 has now come to an end. While all the spouses chatted about the latest episode of Gossip Girl, the heads of state got down to business. In the end, everyone was happy and they decided to do the whole thing again.

Meanwhile, continuing our quest to tell you things no one else does  we bring to you the winners, whiners and losers of the summit. 

As the white house spokesperson would have you believe, America is a winner. Because it got to show off it's shiny new President to the world. (Look, he speaks English. Not just Texas English, but English English. People were actually cheering him. When was the last time that happened?) Although America was eager to start telling everyone what they need to do, not everyone was ready to listen. Still, it got some of it's "edge" back.

The Obamas are the biggest winners of the summit. It was supposed to be the first coming out party for America's sweethearts. And everyone and their tart of an aunt were enamoured by them. Michelle got more buzz than a contestant on the British version of Big Brother. And in Britain, it doesn't get big than big brother.  Everyone wanted to be her BFF. Even the queen. And as expected, Barack got to play messiah. For real, this time. Although as far as gift giving is concerned, I think someone needs lessons from Oprah.

The Queen finally won something other than contempt and disgust from her subjects.It would have been considered a successful visit if Prince Philip didn't say something obscene and racist. As luck would have it, not only did he STFU, the queen showed some human emotion. Someone finally touched her and (a) She didn't burst into flames (b) It didn't secretly launch Nuclear weapons on all of Britain's enemies. Even Prince Charles was a happy camper because whenever he stood next to Barack Obama, his ears did not feel out of place.

Gordon Brown scored some runs too. Not only did some of the Obama magic rub of on him, Mr Brown was able to justify the $75 million he spent for organising the summit. When they came up with the final agreement, it didn't look like a complete waste of time like the UN always does. Although, there was this awkward moment when the Saudi king tried to buy his wife. Other than that, it was a good summit for Brownie.

Nicolas Sarkozy & Angela Merkel won a hypothetical tag team match against well, hypothetical opponents. To think, just a little more than six decades ago these two countries wanted to kill each other. And now, they joined together and took on the might of the "Anglo-Saxon's". (Their words, not mine). Finally, the French stood up for something other than cheese and wine. Also, until now, people just thought of him as a horny cradle rocker (not that there is anything wrong with that). Now, Sarkozy has put his name on the map for something other than doing Carla Bruni. The press conference Sarkozy & Merkel held before the summit was for the benefit of their collective domestic audiences and for driving their respective translators crazy. I mean have you tried translating German to French? It's like going from "Yippe-ki-yay, MotherF*cker" to "Hakuna Mattata". Angela Merkel simply won because no one tried to give her a backrub.

China was so eager to win, it had a child labourer make it a trophy. The West was trying to seduce China because it's the only country in the world whose got money right now. In fact, no one really wanted to piss China off so when they talked about tax havens, they tiptoed around Macau and Hong Kong. In fact, China is a lot like a new, shiny iPhone.  It might look nice from the outside and have lots of third-party applications, but what it really wants to do is take over the world. Hey, don't take my word for it.

Unlike the Georgian invasion, Russia didn't do that well. All it's new President had to do is look a little less evil ,despotic and psychotic than the others. Sadly, that was not to be.

Manmohan Singh's trip, as usual, was in the middle. He had a sort of blink-and-you-miss appearance. None of the Indian news channels were even covering his visit. except of course DD "news". Although, Mr Singh got what he came for. And he also got an Obama verbal fistbump. As for our first lady, Mrs Gursharan Kaur, she was overheard sharing with the French First Lady Carla Bruni her secret butter chicken recipe.

Europe seemed to come out of the dark shadows too. The Grand Old Continent, once home to the most greedy and laziest people in the world, had dropped off from everybody's radar. Everyone had sort off forgotten about Europe ever since India and China started making money. The only people who cared were those, young, pesky travellers who want to see the whole of Europe with $30 in their pocket and a huge-ass backpack on their backs which they carry around even when they go to drink a cup of coffee. Now, the G20 has put Europe back on the map. In fact, even Barack Obama has promised that America will start making out with all the European countries again. Except of course, the British. Because frankly, they need to start brushing their teeth first.

Finally, another unexpected winner was the crowd of protestors. Thanks to the G20 they had a very productive few days. Otherwise they would have been stuck home watching new episodes of Eastenders and drinking home-brewed beer Or even worse, they would have been sitting in front of their computer and writing a blog. Who knows what kind of crap they would have come up with!

We're going to miss you, Blighty, you stupid tosser

Dear ol' bean,

You better keep your cup o' tea down before you read this. We promise to be as gentle as possible.

Although what we are about to say really saddens us, a man's gotta do what a man's gotta do.

Listen. Since there is no easy way to say this so we're just going to say this out loud.

We need to see other countries.


If it makes you feel any better, it's not us , it's you.


In a perfect world, we'd love to keep investing all our money in you. But since your economy turned into, as they say, shite, we'd like to move on. Before you think "Oi!! What's all this then?" and throw a wobbly, hear us out. We tried to buy all your stuff to keep you afloat (Tetley Tea, Corrus Steel, Elton John), but your economy is all sixes and sevens. Sweet fanny adams even the Somalian pirates are doing better than you are. Also, we don't trust that prat of a prime minister you have. He's like a wanker without a stiffy.

We'd love to stay and help, but we're afraid that you're going to be standing all starkers very soon. And we'd rather chew on some codswallop than see that.

Now don't be sad. Chin up, ol' sausage. You can always go scrumping to France.

And if you ever fancy a game of cricket, do give us a ring-a-ding. We're still mates, innit? And just for old times sake, we promise not to make a dog's dinner out of your team. Well, er, maybe.

Keep your pecker up.

Pip, pip cheerio and all that rot.