Tag Archives: Ghandi

The safety of the people shall be the highest law

Emergency! Emergency! People in France are putting their yellow vests on because they are in an emergency situation. This is a yellow vest that everybody have in their own car in case of an accident. The yellow vest protests started in November last year because the authorities was planning to rise the cost of fuels, which is something most people in France can`t afford.

President Donald Trump doesn`t wear a yellow vest, but he is also in an emergency situation. He recently announced that he could “call a national emergency” to build a wall on the border with Mexico. Is that really a national emergency?

(Click the picture to enlarge)

A morning consult poll show that 42% of all voters belive there is a major crisis at the border while 72% of the Republicans agree. Former president Barrack Obama said it is a crisis at the border and so did Chuck Schumer. But now, most of the Democrats are against it.

Mr Trump said in a speech that more people die at the border than American lost in the Vietnam war. So, the situation at the border can be described as a war zone. Worse than the Vietnam war. Isn`t that an emergency situation?

A state of emergency is a situation in which a government is empowering to perform actions that it would normally not be permitted. A government can declare such state during a disaster, civil unrest, or armed conflict.

Such declaration alerts citizens to change their normal behaviour and orders government agencies to implement emergency plans.

In the United Kingdom, only the British Sovereign, on the advice of the Privy Council is able to proclaim emergency regulations under the Civil Contingencies Act 2004 in case of any seriously fatal threats to their human welfare, their human society, and their environment, such as warfare or terrorism.

A state of emergency was last invoked in the U.K in 1974 by Prime Minister Edward Heath in response to increasing Industrial action.

Industrial action (or job action – North American English) is a temporary show of dissatisfaction by employees, especially a strike or slowdown or working to rule to protest against bad working conditions or low pay and to increase bargaining power with the employer and intended to force the employer to improve them by reducing productivity in a workplace.

Industrial action may take place in the context of a labour dispute or may be meant to effect political or social change. This form of communication tends to be their only means to voice their concerns about safety and benefits.

On December 10, 2015, Washington state Governor Jay Inslee declared a state of emergency due to flooding and landslides caused by heavy rains. The U.S states of South Caroline, North Carolina, Virginia, Georgia and Maryland declared states of emergency on September 8, 2018 in advance of Hurricane Florence.

Another ongoing national emergency, declared after the September 11 attacks, authorizes the president to retain or reactivate military personnel beyond their normal term of use. Former President George W. Bush and Barrack Obama, and current President Donald Trump, have chosen to extend the duration of the proclamation each year following its original declaration. Currently, the proclamation will remain in effect until September 14, 2019, unless it is extended again by the president.

President Trump are doing everything he can to protect the American people. He cut taxes, boost the stock market, lowering the unemployment rate and increase wages. He want to build the wall because so many people die at the border with Mexico.

There are drugs, criminals, rape and murders at the border, and this makes it an emergency situation for Mr Trump. He sounds like Marcus Tullius Cicero at the Roman Empire who said the safety of the people shall be the highest law.

Unfortunately, the same can not be said about Macron. He`s brain seems to be in Brussels and not in France. He should be more Nationalist like Trump and Ghandi and protect his own citizens. Rising fuel costs is not the right medicine for the people in France with an unemployment rate of 9,1%.

Don`t blame on Macron for everything because the record low of the French unemployment is 7,2%, and personal income tax rate is 45%.

Salus populi suprema lex esto (latin: the health, welfare, good, salvation, felicity) of the people should be the supreme law, Let the good (or safety) of the people be the supreme (or highest) law», or «The welfare of the people shall be the supreme law») is a maxim or principle found in Cicero`s De Legibus (book III, part III, sub. VIII).

The phrase is the state motto of Missouri, accepted, like many other states, as an element of its state seal. Macron has probably something to think of.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

 

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World`s biggest election

 

The world`s largest democracy has a new leader and his name is Narendra Modi. India`s opposition leader Narendra Modi is on course to become prime minister in India, as his party heads for a majority in the national elections.

India

India is a country in South Asia and is the seventh-largest country by area, the second-most populous country with over 1.2 billion people. It shares land borders with Pakistan to the west, China, Nepal and Bhutan to the north-east, and Burma and Bangladesh to the east.

 

The Indian economy is the world`s tenth-largest by nominal GDP and third-largest by purchasing power parity (PPP). Following market-based economic reforms in 1991, India became one of the fastes-growing major economies; it is considered a newly industrialised country.

 

India continue to face the challenges of poverty, corruption, malnutrition, inadequate public healthcare and terrorism. It has the third-largest standing army in the world and ranks eight in military expenditure among nations.

 

Jawaharlal Nehru became India`s first prime minister in 1947. Mahatma Gandhi led the independence movement. Economic liberalisation, which was begun in the 1990`s has created a large urban middle class, which transformed India into one of the world`s fastet-growing economies.

 

This is the longest election in the country`s history. The Indian general election of 2014 was held to constitute the 16th Lok Sabha in nine phases, from 7 April to 12 May 2014. The electoral population in 2014 election was 814,5 million and this is the largest election in the world ever.

 

Parties were expected to spend US$5 billion in the election, and this is three times the amount spent in the previous election in 2009, and is the world`s second highest after the US$7 billion spent on the 2012 presidental election.

 

Modi fought an impressive campaign, focused mostly on the right issues. He successfully cast the election as a referendum on who could better deliver jobs, government services and economic growth: himself or Rahul Gandhi, the ruling Congress party`s heir apparent.

 

Modi is not the first candidate to cruise to victory on hope and hype. He will probably not be the first to see disappointment set in fast. Investors expecting miracles are in for a letdown, because India`s political system is bound to intervene.

 

Modi should move to phase out petroleum subsidies. He should give states and local governments much greater flexibility in regulating labor markets, land and sales. Economic competition among the states should be more in focus because this is the best way to push the national economy forward.

 

I personally see India as an attractive investment destination, and this country has overtaken China as an investment opportunity. Great Indian sectors are automotive, technology and consumer products. India is playing a big role in the gold market.

 

Reports today:

 

08:30 a.m EST Building Permits

08:30 a.m EST Housing Starts

09:55 a.m EST Prelim UoM Consumer Sentiment

09:55 a.m EST Prelim UoM Inflation Expectations

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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