kahkashankhan

The monopolies of the Fractional Reserve Banking and Margin Trading revolve around interest which are contrary to the philanthropic objectives intended for beating the extremities of poverty and the creation of dignified channels of financial support for the down trodden with a view to achieve the lofty goal of egalitarian society in sustainable manner. The nostrum of Aristotle reprimanded acquisition of wealth by the practice of charging interest on the principle that it is a yield arising out of money itself, not a product of that for which money was provided. The father of modern economics, John Maynard Keynes contended that without the abolition of interest, unemployment cannot be eradicated. Silvio Gesell castigated interest on the basis that his sales were more often related to the price of money (i-e interest) than people’s needs or the quality of his products. Gesell also launched “Stamp Script Movement” to make money a public service for a use fee but all his efforts went in v...

The United States deployed thousands of shorter-range nuclear weapons with U.S. forces in Europe, Japan, and South Korea, and on ships around the world, throughout the cold war era. These weapons were planned to lengthen deterrence and defend allies in Europe and Asia. While most were withdrawn in the 1990s, the United States holds around 200 B61 bombs in Europe. These serve not only to deter potential aggressors, but also as an important element in NATO’s structure. While all NATO nations apart from France contribute in NATO’s nuclear planning, some also store U.S. weapons on their soil and provide aircraft that could deliver them in a conflict. The Cold War-era nuclear weapons are part of NATO’s deterrence strategy. The joint US-Turkish air base Incirlik is in southeast Turkey and houses NATO’s largest nuclear-weapons storage facility. The base has played a critical role in the fight against ISIS, as the US launches strikes into nearby Syria. During the failed coup in Turkey in J...

The National Action Plan (NAP), which came out on December 24, 2014 as a result of a heinous massacre of school children in Peshawar on December 16, 2014 was even though a delayed action, but a right one in the right direction. Since the very beginning its success depended upon the commitment and dedication of the civil and military leadership. Hence it was witnessed that the All Parties Conference was attended by all and sundry, including the opposition parties, political parties in the government, and large number of military leadership too. From the onset it carried positive vibes about its purpose and the fact that it was unanimously being pursued by all the stakeholders, gave it a positive thrust. The 20 points agenda was approved in the meeting, which was indeed a well thought-out blue print identifying the main areas of trouble that were undermining the internal security of the state. It was being expected that same commitment would continue for the prime purpose of rooting ...

U.S. Ambassador Llewellyn E. Thompson, left, signs nuclear non-proliferation treaty as Soviet Foreign Minister Andrei A. Gromyko watches in Moscow, Russia, on July 1, 1968. The treaty entered into force on March 5, 1970. The Non Proliferation Treaty (NPT) ideally aims at keeping a check on the spread as well as acquisition of nuclear weapons. However this pronounced intention seemingly is to keep an eye on the non-nuclear weapon states only. Either for the possible chances of them developing nuclear weapons or acquiring the nuclear weapons from the nuclear weapon states. This is essentially a character of horizontal proliferation, around which the very focus of the treaty revolves. However such an approach is seen as inherently discriminatory as well as limited in the scope. Therefore the treaty has been subjected to criticism on many occasions especially by the states that are not signatory to it. They easily make their case strong by pointing out its weaknesses and loopholes. The ver...