CHAPTER 27

1694 Words
CHAPTER 27 This ghost tells other ghosts on the following:   WHO TRUST WHOM Can a Husband trust wife or wife trust Husband? Can husband and wife trust their grown up children? Can children trust parents? Can a friend be trusted? Can a girlfriend trusts a boyfriend? Can a Chief Minister of a State to trust his/her cabinet ministers and others? Can Legislative Members trust their Leader of the Party? Can CM of one State to trust on another State CM? Can a CM of one State to trust on another State CM? Can a Prime Minister trust on his/her Cabinet colleagues? Can a Diplomat trust on another Diplomat?  Here the question is Who Trust Whom or Who to trust whom?  Will the trust on a person or a party or a Company or any Institution, last forever in this world?               Why sometimes people lose faith & confidence, when they trust any person on various issues? It looks trusting a person looks to be temporary phenomena.  Running a Trust organization is a different matter.  But, here the point is trusting a person or on family members, looks to be safe?  Trusting known people and family on cash related matters are safe?  Or, subject related matters other than cash related matters are safe & workable? There are several instances that failed when trusting others.  Many people confronted bottlenecks when they believed and trusted mostly on cash related matters.  Actually, the question is trust & belief.  Who believes whom on this earth.  Is totally possible to trust and believe on family members? Of course, inner circle family members can be trusted and believable? But, what about others viz, close friends, known friends, long relatives, close relatives, business companies? Trusting close friends and relatives in cash transactions is a different matter.  But, what about trusting business companies, private banks, share market business, chit fund companies and other finance companies? In the recent past, the hot topic is Agri Gold Company.  All the investors in this Agri Gold Company are now confronting troubles in receiving backs their own principal amounts, leave alone interest receiving on their principal amount. This company made a ‘hands-up’. Likewise, in earlier days, there are many banks, financial institutions that were closed.  For example, Global Trust Bank, Charminar Bank, Prudential Co-operative Bank etc.  These banks were closed or amalgamated with other banks; due to heavy financial frauds & financial mis-management and due to financial loses.  Many of its customers, depositors were put to hardships.  It was a great shocks treatment to depositors by these companies/banks. Another example, when people trusted Satyam Computers Company through-out the world, this company gone red and was in trouble due to heavy financial frauds and financial mismanagement.  Later, of course, in a slow process, the Satyam Computers Company has been merged with Tech Mahindra Company. To give another example, many chit fund companies were closed abruptly, duping many of its customers and depositors.  Everybody is seeing in daily newspapers, each day; one company or the other dealing in financial aspect is getting closed due to heavy financial frauds, mismanagement o due to diversification of major funds.                       Is there any way out or remedy for the depositor’s money safety in any financial institution or chit fund companies or in any schemes? Are there any stringent laws that protect customers’ and depositor’s money? What are the working strategies of the government to safeguard the customers’ and depositors’ money? When any financial institution or a company seeks deposits from various customers, customers should enquire about such financial institutions credibility, credentials, track record, financial standing and the promoter’s background in the society.  Even the depositor’s need to ask for nationalized bank guarantee for their deposits till the maturity of the deposit time (not private banks guarantee). Even then, on day or the other reputed financial institutions are abruptly closing their shutters.  In this aspect, who can help whom? How much time it takes for return of deposits with interest from the closed financial institutions? Even Police complaint given by the customers/deposit holders on any fraud financial institutions, what Police can do except to file FIR and investigate and control the law & order problem?  Police only file criminal and civil cases, 420 cheating cases and various other sections on such fraudulent financial companies. If the case is in Court of Law, it takes few years’ time to receive back the depositor’s money that too in installments.  What are the other remedies for stopping the financial frauds, chit fund company frauds, money circulation frauds, money scheme frauds, consumer goods frauds etc., are to be studied by the government?  Separate suitable Legislation is to be enacted to stop these types of financial frauds. Trusting a person or an institution whether in financial matter or otherwise is a question for debate. Sometimes, things move smoothly, though might have small problems here and there.  Sometimes, matters flare-up quickly.  Of course, there exists risk, especially in financial transactions.  Without risk there is no transaction.  Without risk one cannot do business and earn.  If it is a loss, one has to be ready to bear it.  If it is a profit side, of course, one can enjoy the fruits. This is like a ‘coin having Head on one side and a Tail on other side’. It is up to the customer’s wisdom to think twice before making any financial deposits with any financial institutions.  The safest method is to keep money or to make deposits in any nationalized bank or to put in Government Postal Savings Scheme rather than money depositing in private institutions. Husband trusting wife and wife trusting husband in all the matters including financial matters is necessary.  They have to trust each other.  There is no other go.  It is a family and marriage bonding.  Any financial loses or family troubles, each one has to sort it out all the issues.  If any misunderstandings crop-up, they have to sort it out and solve it themselves.  Of course, it may take time.  But, one thing is sure.  A couple coming to perfect understanding after the marriage would, however, takes a couple of years’ times. It is common in everybody’s family. In some cases, couple may not get an understanding even after 10 to 15 years or 15-20 years, until then children are grown-up.  It is nothing but natural in everybody’s life. As parents have to trust their children in financial matters, there is no other go. Even if grown-up children are spending thrifts, parents have to keep quite.  Nothing else parents will do.  But, only at some appropriate time, some type of counseling will have to be taken up, that too depending on mood of their children. After all one family is working for their children sake. Whatever parents earn substantial money, property etc., is ultimately goes to their own children.  This is common and ‘Rule of Law’. When a girlfriend trusts a boyfriend in financial and other personal relations matter, it is up to them.  But, careful handling of the subject is necessary.  One has to see that things do not go out of order.  If things come to parent’s knowledge, this type of trust, parents have to keep an eye on their activities.  Parents have to keep watch & ward on their movements.  If necessary proper counseling is be given to them. Many incidents have taken place, where things have gone out of parent’s hands.  Parent’s confronted major problems pertaining to their children.  Even in some cases, people landed in police cases, court cases etc.  One should be careful in these types of friendships.  So, one should be careful and advisable to be move away from such friendships. Chief Minister of a State trusting their own Cabinet Ministers is essential.  There is no other go.  Otherwise, how one CM can handle a State Administration? CM has to repose confidence on his ministers’.  Frequent intelligence reports are necessary to obtain about the Cabinet Ministers and other functionary officials’ performance and movement. While running the Government, where it is a State or Central, a Prime Minister or a Chief Minister of a State must have confidence in the Minister’s performance. If for any reason, things go wrong, then damage control methods are evolved.  While running a government, problems do crop-up. Such things are to be set right in righter perspective angle.  Sometimes such things will take quite some time depending on the subject. Because, everywhere opposition parties generally wait for opportunity to create a problem.  It is up to the ruling party not to give ay scope to the opposition parties.  But it is sure, on one day or the other, the ruling party will land in problem, without the knowledge of the ruling party. It so happens.  A problem crops-up somewhere; and that problem lands somewhere.  All the days are not the same.  Of course, opposition parties always wait for an opportunity to make the ruling party into trouble and defame it.  Each party plays “vote bank politics”.  In each country, one is seeing every day, there is one problem or the other.  Everywhere politics are involved.  Everywhere political murders take place.  Everywhere arrests, everywhere scams, frauds, corruption, killings, going on.  The world is like this.  It is up to the government(s) to run their administration peacefully without any troubles like above.  Who is to be blamed?  How these problems are solved?  What are the remedies?  All these problems & questions are to be discussed by the Government.  Definitely, it may take substantial time.  But, in the meantime ‘Intelligence Wing’ is to be put into top gear to ascertain various types of information.  The contribution of good service from a common man is also necessary to put the State Administration into order.  Common man’s support is needed to any government to function smoothly.  The ‘Government and Common man’ relations should be good and should be understanding.  The Government has to function for pro-poor-people.  These pro-poor-people’s aspirations are to be fulfilled by any State administration. “Government is People” and “People are for Government”.  TRUST, FAITH and BELIEF are the most important things in this world for long lasting understanding, as per the human psychology for running good governance. ------------------
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