Today is also death anniversary of P.V.Narasimha Rao, the man who liberalized the Indian economy, and opened it up. And more than anything else, provided the much needed stability for India in the turbulent 90s. One of the best PMs IMO. #PVNarasimhaRao
#PVNarasimhaRao
@Swamy39
as Chairman of Commission on Labor Standards in 1994, perhaps first time an Oppn member was given Cabinet Rank post. He also started the cultivate Teheran policy, going closer to Iran, and also more friendly ties with Beijing too.
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So, as the #MegaMillions jackpot reaches a record $1.6B and #Powerball reaches $620M, here's my advice about how to spend the money in a way that will truly set you, your children and their kids up for life.
Ready?
Create a private foundation and give it all away. 1/
Let's stipulate first that lottery winners often have a hard time. Being publicly identified makes you a target for "friends" and "family" who want your money, as well as for non-family grifters and con men. 2/
The stress can be damaging, even deadly, and Uncle Sam takes his huge cut. Plus, having a big pool of disposable income can be irresistible to people not accustomed to managing wealth. https://t.co/fiHsuJyZwz 3/
Meanwhile, the private foundation is as close as we come to Downton Abbey and the landed aristocracy in this country. It's a largely untaxed pot of money that grows significantly over time, and those who control them tend to entrench their own privileges and those of their kin. 4
Here's how it works for a big lotto winner:
1. Win the prize.
2. Announce that you are donating it to the YOUR NAME HERE Family Foundation.
3. Receive massive plaudits in the press. You will be a folk hero for this decision.
4. Appoint only trusted friends/family to board. 5/
Ready?
Create a private foundation and give it all away. 1/
Let's stipulate first that lottery winners often have a hard time. Being publicly identified makes you a target for "friends" and "family" who want your money, as well as for non-family grifters and con men. 2/
The stress can be damaging, even deadly, and Uncle Sam takes his huge cut. Plus, having a big pool of disposable income can be irresistible to people not accustomed to managing wealth. https://t.co/fiHsuJyZwz 3/
Meanwhile, the private foundation is as close as we come to Downton Abbey and the landed aristocracy in this country. It's a largely untaxed pot of money that grows significantly over time, and those who control them tend to entrench their own privileges and those of their kin. 4
Here's how it works for a big lotto winner:
1. Win the prize.
2. Announce that you are donating it to the YOUR NAME HERE Family Foundation.
3. Receive massive plaudits in the press. You will be a folk hero for this decision.
4. Appoint only trusted friends/family to board. 5/
Imagine if Christians actually had to live according to their Bibles.
Imagine if Christians actually sacrificed themselves for the good of those they considered their enemies, with no thought of any recompense or reward, but only to honor the essential humanity of all people.
Imagine if Christians sold all their possessions and gave it to the poor.
Imagine if they relentlessly stood up for the widow, the orphan, and the foreigner.
Imagine if they worshipped a God whose response to political power was to reject it.
Or cancelled all debt owed them?
Imagine if the primary orientation of Christians was what others needed, not what they deserved.
Imagine Christians with no interest in protecting what they had.
Imagine Christians who made room for other beliefs, and honored the truths they found there.
Imagine Christians who saved their forgiveness and mercy for others, rather than saving it for themselves.
Whose empathy went first to the abused, not the abuser.
Who didn't see tax as theft; who didn't need to control distribution of public good to the deserving.
"If they start canceling these American presidents, they're gonna come after Bible characters next. Mark my words" -- Fox News "news side" host Bill Hemmer pic.twitter.com/qTPV0NERv8
— Aaron Rupar (@atrupar) February 19, 2021
Imagine if Christians actually sacrificed themselves for the good of those they considered their enemies, with no thought of any recompense or reward, but only to honor the essential humanity of all people.
Imagine if Christians sold all their possessions and gave it to the poor.
Imagine if they relentlessly stood up for the widow, the orphan, and the foreigner.
Imagine if they worshipped a God whose response to political power was to reject it.
Or cancelled all debt owed them?
Imagine if the primary orientation of Christians was what others needed, not what they deserved.
Imagine Christians with no interest in protecting what they had.
Imagine Christians who made room for other beliefs, and honored the truths they found there.
Imagine Christians who saved their forgiveness and mercy for others, rather than saving it for themselves.
Whose empathy went first to the abused, not the abuser.
Who didn't see tax as theft; who didn't need to control distribution of public good to the deserving.