SWISS ECONOMY 2012 To        The Right Honorable Swiss National Bank President Philipp Hildebrand          From:   Athinarayanan Sanjeevraja Date:   December 24, 2011 RE:      Sovereign Debt Crisis in Europe & Real Estate Market     Suggestion: Good Morning President I listened Schweizer Radio DRS1, you said that sovereign debt crisis in Europe and real estate market affect the Swiss economy. Well. The slow pace of the global economic recovery, intensifying sovereign debt crisis and high unemployment all continue to weigh on Switzerland residential property market. From my perspective Switzerland’s real estate market remains relatively buoyant. The main drivers of the demand for real estate in Switzerland are immigration, low interest rates and favourable mortgage lending standards. The free movement of people between Switzerland and the European Union has fundamentally changed the Switzerland real estate market. Moreover, low interest rates will continue to provide

                                          Mullaperiyar Dam Issue To: The Hon’ble D r. Justice A.S. Anand, Former Chief Justice of India From: Athinarayanan Sanjeevraja Date: Thursday, December 22, 2011 RE: Mullaperiyar dam Issue Suggestion:     Good Morning Chief Justice. I, Athinarayanan Sanjeevraja, permanent residing at SAN Nivas, Old No. 28k, New No. 13, Bampalamman Kovil Street, Muhavoor Post, Rajapalayam Taluka, Virdhunagar District, Tamilnadu – 626 111. Today, I would like to take this opportunity to bring to your notice which should be based on reason than on extraneous factors. First, Government of Kerala claim that 22 tremors in last four months. As per the Indian Meteorological Department Data, there have been only four tremors in Idukki district that far away from the Mullaperiyar dam site. Second, the present Mullaperiyar dam is at 2800 mts above sea level and the proposed dam will be at 1800 mts (approximately) sea level that means it will be 366

To        The Right Honorable Secretary of State for Business Vince Cable MP.        From:   Athinarayanan Sanjeevraja Date:   December 19, 2011 RE:       UK Manufacturing   Suggestion: UK Corporate Tax Reform Good Morning Minister. I read Financial Times, London, it reported that you announced £ 125 million set up to improve the global competitiveness of UK advanced manufacturing supply chains. Today companies compete on the competitiveness of their overall supply chains. The loss of major UK plants could jeopardize critical mass in the UK supply chain. It would be a good place to start but as for UK manufacturing and supply chains that are built on complex and often incoherent. From my perspective UK manufacturing policy is still ineffective. In an effort to revive the manufacturing sector, first, focus on raising the productivity because a successful and dynamic economy must be productive. I suggest UK government should work closely with leading multinationals

Mullaperiyar Dam Issue – An Impeccable Analysis          To: The Hon’ble Chief Minister of Tamilnadu Dr. J. Jayalalitha          From: Athinarayanan Sanjeevraja Date: December 10, 2011 RE: Mullaperiyar Issue Suggestion: WE SHOULD NOT ACCEPT KERALA GOVERNMENT WRONG PROPAGANDA.   Good Morning Ms. Chief Minister. Again I am writing to you after the appropriate analysis of the facts of Mullaperiyar Dam. The present Dam is at 2800 mts above sea level and the proposed Dam will be at 1800 mts sea level that means it will be 366 m below the centre line of existing Dam.  Practically we won’t get water even if the Kerala government ready to give water to our state because the new Dam that Government of Kerala is proposing is at an altitude 50 feet lesser than the current Dam. The water will come to Tamilnadu only if it is more than 100 feet. When new Dam is constructed with 150 feet height, then also it will be 50 feet lesser than the current level. As a result we wo

Mullaperiyar Dam Issue - A Comprehensive Analysis  To: The Hon’ble Chief Minister of Tamilnadu Ms. J. Jayalalitha From: Athinarayanan Sanjeevraja  Date: December 3, 2011 RE: Mullaperiyar Dam concerned with safety Suggestion: Never allow the storage level to the 120 feet from the current 136 feet at the request of the Kerala government.  Good Morning Chief Minister. I am Athinarayanan Sanjeevraja, SAN Nivas, Old No. 28K, New No. 13, Bampalamman Kovil Street, Muhavoor Post, Rajapalayam Taluka, Virudhunagar District, Tamilnadu – 626 111.  Ms. Chief Minister, I am writing to you after reading the report of the empowered Committee headed by former Chief Justice of India A.S. Anand and the Supreme Court Judgement headed by Y.K.Sabharwal (CJ), C.K. Thakker and P.K. Balasubramanyan (JJ) dated on February 27, 2006. After through study and considering all aspects I felt that there had been no adverse remarks of Mullaperiyar Dam as well as the environment. The ap

European Union Austerity Budget 2012 – An Impeccable Analysis To       The Right Honorable European Council President Herman Van Rompuy.             From: Athinarayanan Sanjeevraja Date:  November 30, 2011 RE:       EU Austerity Budget 2012 Suggestion: Balance between the fiscal discipline and growth. Good Morning Mr. President. I read Financial Times, London last week that European Council had sought higher commitments from its member, agrees austerity budget for 2012. The council and the European Parliament agreed on an overall amount of € 147.232 billion, leaving a margin of € 1.23 billion below the MFF ceiling. It is a good strategy to attack in the midst of a serious financial crisis in Europe . Europe ’s economy remains very fragile. Many member states are grappling with the consequences of unsustainable public deficits and very high debt levels. So all member states are largely looking at fiscal consolidation and plan for growth. EU budget needs to

SUGGESTION TO THE  EUROPEAN CENTRAL BANK PRESIDENT MARIO DRAGHI To       The Right Honorable European Central Bank President Mario Draghi              From: Athinarayanan Sanjeevraja Date:  November 21, 2011 RE:       Euro Debt Crisis Suggestion: Let’s start showing the world that we are really a Union. Good Morning President. I stalwartly disagree with ECB executive board members are continuing to say that letting banks fail to save tax payers money and Eurobonds are unsafe assets. Both are absolutely erroneous Mr. President. Let me explain, if banks fail this would unsettle the financial market worldwide. In fact it ends up costing tax payer much more. The pragmatic solution is probably for the creditor to assess the ability and willingness of the debtor to pay. If creditors find there is solvent or liquidity problems, it will be in the creditors own interest to extend the maturity of the loan of the debtors. This is one of the common pragmatic solutio

To       The Right Honorable European Commission President José Manuel Barroso              From: Athinarayanan Sanjeevraja Date:  14.11.2011 RE:       Euro-zone debt crisis Suggestion: United States of Europe can solve the debt problem much easier Good Morning President. If we keep doing the same, things will never change. Obviously to keep the Euro strong we cannot let any European Union members default. The failing of the Euro will surely lead to the failing of the EU. The success of the European Union is dependent on all of the countries within the Union . If one of the country economies starts to fail then slowly it will affect everyone else in the EU. My point is EU members are start to thinking more European than national. We need to start shouldering our part of the responsibility in this crisis instead of criticizing one another. European Union is not one of those things to treasure when good times role on and discard when difficulties come. Ea

SUGGESTION TO THE FEDERAL RESERVE CHAIRMAN BEN BERNANKE To:               The Right Honorable Federal Reserve Chairman Ben Bernanke From:           Athinarayanan Sanjeevraja Date:            08.11.2011 RE:               Large Scale Asset Purchase Programme (Mortgage Backed securities) Suggestion:    At least targeting the long end of the yield curve while purchasing MBS Good Morning Chairman.  Bloomberg reported that Federal Reserve plan to buy a mortgage backed securities to ail the U.S. housing market. If I am not mistaken, In late 2008, Federal Reserve intention in buying Large Scale Asset Purchases in an effort to hold down the level of long term interest rates to increase the availability of credit for businesses and households. As a result, still unemployment is very high level, corporate America earnings are still fragile. I agreed that Large scale asset Purchase improved liquidity conditions in the market, increase the turnover volume, diminis

To:              The United States International Trade Commission Chairman Ms. Deanna                     T. Okun  From:            Athinarayanan Sanjeevraja Date:            October 31, 2011 RE:               US Trade Policy with China   Suggestion:  Remove the huge gap between the real and nominal exchange rate, selling American Products is a top priority and not to increase tax on multinational companies in U.S. Good Morning Chairman. When I tune into BBC world, it reported that U.S. trade policy with China. In my view, tension between China and the United States are usually focused on the core issue of currency. PBOC kept the Yuan quite low for a long period of time while they are accumulating vast hoards of foreign exchange. It is approaching $3 trillion.  China refuses to let its currency appreciate faster even in the face of U.S. pressure because China is export–led growth model. China argued that policy constitutes a de facto subsidy for Chinese

SUGGESTION TO PMEAC CHAIRMAN DR C. RANGARAJAN To:               The Honorable Prime Minister Economic Advisory Council Chairman Dr. C. Rangarajan. From:           Athinarayanan Sanjeevraja Date:            24.10.2011 RE:               Taming Inflation Suggestion:    Tightening Fiscal Policy   Good Morning Sir. I read your report which has been published in “THE HINDU” dated on October 21, 2011. You were talking about the rollback of the excise duty stimulus. I think you are heading into the opposite direction sir. We need more symmetric use of fiscal policy is now required to temper growth and inflation. Because inflation continues to remain elevated despite RBI has increased interest rates 12 times since March 2010. Monetary policy tightening may have been a stronger lever the taming inflation in the past but not today. I am still insisting that monetary policy no longer works to taming inflation. The answer, therefore, is fiscal tightening. Taxe

SUGGESTION TO WTO DIRECTOR-GENERAL PASCAL LAMY To:               The Right Honorable World Trading Organization Director-General Pascal Lamy    From:           Athinarayanan Sanjeevraja Date:            October 22, 2011 RE:               Future Multilateral Trading System Suggestion:    Strengthen the Multilateral Trading System.     Good Morning Sir. You were talking about defining elements of tomorrow’s multilateral trading system at Deutsche Bank in Berlin on October 6, 2011. The multilateral trading system has been an enormous contributor to global prosperity by opening up markets around the world. WTO encompasses both positive and negative integration. Agreements to enforce minimum standards, for instance, provide patent protection of at least 20 years duration. WTO goes beyond negative integration, for instance, agreement not to exceed a certain maximum tariff on a product, not to discriminate against foreign goods through domestic consumption