Posts Tagged 'workers'

First Bank of India

Street Sweepers and Members of the First Bank of India

In India, state and local governments enjoy a time-honored system of balancing their financial books with easily available no-interest loans. Among the other favorable terms are indefinite payback periods, unlimited credit lines, and year-round availability. As you might expect, such easy credit is a godsend to financially strapped governments; and those which favor this bailout vehicle use it with annual regularity.

This arrangement is not, of course, particularly remunerative for the lender, First Bank of India. But then, First Bank of India doesn’t have the same political clout that most other financial institutions enjoy.

Continue reading ‘First Bank of India’


Blasts from the Past

... because the idiocy of manliness is an evergreen topic.

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... because Canada and the US will celebrate their Thanksgiving holidays and, regrettably and preventably, not 1-cook-in-10 will serve a decent turkey.

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... because everyday is Mother's Day.

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... because the American Dream seems but a distant memory, given the country's dominant ethos of small-mindedness.

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... to remind us that not every mix of Tibetans and Western spiritual seekers has to be nauseating.

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... to celebrate the new edition of Infinite Vision published in India.

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... reprised because military strategy seems more cruel and less effective than ever -- and certainly there is a better way.

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... because cars are ruining Pondicherry, where I live. How badly are they fucking up your Indian town?

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... reprinted because more-and-more people seem want to understand the gift economy. (Yeah!)

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