8.1.09
Scams
Panalipana world transport company -- $ 26millions, Ennron--$ 200 millions, ITC--$100 million, Hyundai-- $700 millions, Tyco, Bank of America, Allied Irish banks--750 million(?), Hedge fund-- $5000 millions, Samsung, now the latest Satyam.
These are the scams that have seen the light of the day. How many more are brewing and how many more billions of dollars will just disappear from the market into private pockets, get mismanaged. This is the money of so many small investors. So many dreams, so many aspirations and expectations. All evoporating in thin air. The so called values of the companies turn out be myths. And how come these keep happening again and again.
The money from one single scam could have fed and educated the children of the world for many years. The volumes that disappear, must be going somewhere, or they just mirages that we all beleive to be true. Do these keep happening because we all dream to be as rich some day. So accept that it is one of the ways of becoming rich.
Why is this unbirdled greed going on. The intoxication of money and power is more dangerous than alcohol. The greed for power is taking the lives of thousands and thousands of innocent, the greed for money is destroying the lives and happiness of millions.
Where are we headed as people, communities, states, nations. Is power and money the only path that is available to us. Everytime I read about the luxurious Yatch of the rich and famous my heart bleeds. Millions of dollars spent on buying and maintaining these, When a pittance of that money could improve the health of so many children, educate them, give them livelihood trainig. Give back the diginity of the women who have to sell themselves to feed their children.
Can' we as people change. Can't we as people give up our greed. Can't we adopt a simple means of living. Can't we live instead keep chasing mirages all our lives. Can't we.
Labels: Community
