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Super Rich Indians Abandon Super Cars En Masse To Avoid Arrest In Massive Smuggling And Tax Fraud Crack Down

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Tue, 05/31/2011 - 15:37 | 1326187 LFMayor
LFMayor's picture

For real Gone in 60 seconds, bitchez.  Maybe BollyWood will do a third cut of the film, that would be freakin awesome.

Tue, 05/31/2011 - 21:31 | 1327262 Harlequin001
Harlequin001's picture

you mean like 'Gone in 60 seconds dog millionaire'...

Tue, 05/31/2011 - 15:38 | 1326193 3.7.77
3.7.77's picture

Following in our footsteps, yay.

Tue, 05/31/2011 - 16:29 | 1326431 sun tzu
sun tzu's picture

India has been that way forever. Talk to any Indian person and they will shake their head at the pervasive corruption there. Our corrupt bastards simply think bigger and try to steal more

Wed, 06/01/2011 - 15:28 | 1329860 falak pema
falak pema's picture

The black hole of Calcutta was created by the East India company...the first wave of global kleptocrats of the neo-industrial age...They created a tradition of rip offs that would make the 'Thugs' blush...it was so efficient...They left a plunder trail...that local Indian entrepreneurs have tried to match and never achieved...But they've tried very hard...these new thugs of the NWO of plutocrats parachuted into hyper solvency on the back of "outsourcing"; that has made them fat, uber-corrupt and short term sleight of hand shit-bags. Who have nothing to envy to their older brothers; members of the five families of NY...Its a viral disease, this brand of American exported plutocracy...which will come home to roost one day...in WS and the City where it all began. Its called global capitalism of the most predatory type.

Tue, 05/31/2011 - 15:43 | 1326194 monkeys.pick.bottoms
monkeys.pick.bottoms's picture

Honestly, I believe this is just the beginning of surprises. Every day brings more and more of the unusual. I am waiting for Germany to build 22 coal-powered power plants and Al Gore to be arrested for a global warming swindle.

Tue, 05/31/2011 - 15:44 | 1326195 deepakshenoy
deepakshenoy's picture

Indians on foodstamps? We don't have no stinkin' foodstamps.You get NOTHING if you're unemployed.

In the guise of fighting inflation, our central bank is still flooding us with liquidity by purchasing dollars and increasing reserves. Impound them, we'll just pay for more aston martins.

Tue, 05/31/2011 - 15:41 | 1326197 Gene Parmesan
Gene Parmesan's picture

Investigators believe they were lured into the scheme by dealers to exploit diplomatic tax concessions. Duties on imported luxury cars are 100 per cent of their import value – doubling their price.

Really? You think so? The government was demanding the full purchase price as a tax and people were trying to get around it? What a fucking joke.  

Tue, 05/31/2011 - 21:34 | 1327268 Harlequin001
Harlequin001's picture

That's cheap, for Asia. Try Singapore...

Tue, 05/31/2011 - 15:43 | 1326201 buzzsaw99
buzzsaw99's picture

they are pikers when compared with usa CONgreff.

Tue, 05/31/2011 - 15:46 | 1326203 Mercury
Mercury's picture

The intersection of state controlled, crony capitalism and stupid tax policy...

Tue, 05/31/2011 - 15:44 | 1326205 IdiotInvestor2
IdiotInvestor2's picture

India is actually 3 countries in 1. One segment is very small, but extra-super-rich. Another is a US sized segment that can be truely called "developing". A much bigger portion is really really poor, malnourished and ignored by main-stream media here and by most Indians themselves.

Tue, 05/31/2011 - 16:07 | 1326288 NidStyles
NidStyles's picture

Every country is like that. Even the US. I could show you some places here in the grand ole' US of A that would embarass you. We have starving and malnourishment as well. The difference is that the US Government is great at hiding that little detail.

Tue, 05/31/2011 - 16:29 | 1326432 LFMayor
LFMayor's picture

True, probably some of my tweeker cousin's houses you're talking about.  That being said, I have yet to see anyone in the US that results to huffing scrap wood smoke through a gourd and blowing it into rat holes for their evening meal. 
Saw it on NatGeo.  And if you think those cocoa-paste smokers down south got it bad, you ain't seen shit.  These poor bastards get BORN into this job.

Tue, 05/31/2011 - 16:39 | 1326458 sun tzu
sun tzu's picture

Starving Americans with their cell phones and cable TV. Yeah, sure. Don't even compare US "poverty" with the third world. Those places might embarass you, but they would be a huge step up for most Chinese and Indians who have no electricity and indoor plumbing in their little huts.

Tue, 05/31/2011 - 18:07 | 1326746 Nom de Guerre
Nom de Guerre's picture

It seems rather strange that the so-called "poor" in the U.S. are the most morbidly obese.  Most proles in the U.S. have no concept of what poverty is.

Tue, 05/31/2011 - 18:32 | 1326834 anony
anony's picture

Depends on the Clintonian definition of, "poverty".

Poverty for anyone in the disUnited States is upper middle class to the sub-Sahara Africans, Ethiopians, Haitians, and Indians.

Tue, 05/31/2011 - 15:54 | 1326246 augie
augie's picture

faber is a genius.

Tue, 05/31/2011 - 16:03 | 1326278 AldoHux_IV
AldoHux_IV's picture

The imbalances continue to grow and only benefit those who have no right to be benefitting what so ever-- the problem with crony capitalism is that natural selection becomes retarded.

Tue, 05/31/2011 - 16:08 | 1326289 Corduroy
Corduroy's picture

What freaks me is that countries like the UK give AID to india...

India should not get any 'general purpose' aid as it does not need it.

Western powers trying to peddle influence by peddling aid gets up my ring piece

Tue, 05/31/2011 - 16:25 | 1326411 Parth
Parth's picture

The aidfrom developed countries is not significant. And there is a whole segment of India that could use trillions in aid but nobody really can help. Its just overpopulated and underdeveloped. 

Tue, 05/31/2011 - 16:30 | 1326419 Gene Parmesan
Gene Parmesan's picture

Have they tried hope? Change?

Tue, 05/31/2011 - 16:47 | 1326494 Parth
Parth's picture

Hope? Change? Yep 25% of the permenantly ignored have joined a Maoist movement to inflict change they can believe in. Few people know, but the greatest threat to India is not Pakistan, or China or pollution - its the Maoist movement. Its huge. Whats funny is the Maoist leaders behave just like all elites- they want big cars too. Humanity is so predictable. LOL.

Tue, 05/31/2011 - 17:09 | 1326591 Corduroy
Corduroy's picture

Its not the level of aid given, it is that there is any given at all.

India already gets enough aid from the developed world via job relocation

Tue, 05/31/2011 - 17:20 | 1326618 Parth
Parth's picture

True. Our elites need Bentleys and Maseratis too. The American middle class is truly abandoned.

Tue, 05/31/2011 - 16:11 | 1326328 doomandbloom
doomandbloom's picture

cmon guys..give these elites a break...after all that they have done for ya..

Tue, 05/31/2011 - 16:18 | 1326374 ColonelCooper
ColonelCooper's picture

ORI - Since you are recently finding yourself on foot, I have an '86 Ford Escort I'll sell you.

Tue, 05/31/2011 - 17:18 | 1326622 ColonelCooper
ColonelCooper's picture

Hw about a '72 Vega?  It's got Keystone Klassic rims, a bitchin Pioneer Supertuner w/carpeted 6x9's in the back, and a set of Tune Ups velcroed to the dash.

This is the "Party On" car Wayne and Garth wished they could have afforded.  I'll even throw in the dyed feather roach clips on the visors.

Tue, 05/31/2011 - 22:48 | 1327445 Hephasteus
Hephasteus's picture

Bullshit colonel. Hot rodders snatch up 72 vega's like horny aliens snatch up anal probe victims.

Tue, 05/31/2011 - 22:51 | 1327457 ColonelCooper
ColonelCooper's picture

I hope you're kidding, cause I just made it up.  Tell me you're kidding.

Tue, 05/31/2011 - 23:16 | 1327516 Hephasteus
Hephasteus's picture

Nope. They put big block 454 and 427's and mountain motors in them but no i'm not kidding.

Drag racing is all about apply x amount of horsepower to y amount of weight. The don't have a long enough wheel base to be stable at 8 and 9 second brackets but most people go for 10 second bracket cars.

Wed, 06/01/2011 - 06:47 | 1327859 ColonelCooper
ColonelCooper's picture

I'll be damned.  Good tidbit.  Thanks.

Tue, 05/31/2011 - 16:21 | 1326377 Parth
Parth's picture

You got to really appreciate the ridiculousness of India's evolution to a Maserati or Bentley or Ferrari on the street.

In 1947 Gandhi won independence for India with not even tailored clothing and proclaimed a new ideal for the country. There were but 3 or 4 car models available since then- an Austin Morris, fiat & jeep and something called a Standard-herald. Thats it 3  or 4 models of cars. And the superich went in a chauffered Austin Morris (a bigger one). Change came with a Suzuki mass produced and then opening slowly to international car companies everyone jumped in the last 10 years. Whats amusing is that the roads are still the same. Imagine driving a Maserati on a crowded street at no more than 20mph for 80% of the useful life of the car. That too chauffer driven. Check youtube for some Indian traffic vids. What is the point?

Tue, 05/31/2011 - 16:34 | 1326443 HungrySeagull
HungrySeagull's picture

20 mph stop and go can be accomodated by a 6 hp briggs and stratton engine for about a gallon of gas per day.

Tue, 05/31/2011 - 16:52 | 1326525 Manny
Manny's picture

The big car was not based on Austin Morris but on Morris Oxford model III. And in India it  was called the Ambassador. And for decades on end there were not more that a few choices. But things have changes in last 15 years. And now as far as automobile manufacturing is concerned India has moved far ahead of even its own expectations.

The speeds are awful in city traffic. Its better to have a 2 wheeler than any kind of sedan. And that goes for any city in India. But the infrastructure for inter-city travel has improved  greatly over the past decade. And although the entire road network is still not upto US standards.

These cars are usually bought not for their speed but purely as a status symbol!The more renowned the car the more likely people will flock to it. So when BMW X1 was recently introduced in India the first 3 months production was sold out in the pre-bookings itself.

Wed, 06/01/2011 - 00:19 | 1327607 Oh regional Indian
Oh regional Indian's picture

For the foreigners...not you Parth, try this:

http://aadivaahan.wordpress.com/2011/03/05/driving-india-crazy/

 

It's all nuts here. India and western technology do not mix!

ORI

Wed, 06/01/2011 - 01:23 | 1327672 Hephasteus
Hephasteus's picture

It's not working out so good for japan and the rest of the world either. OH MY god I can't believe you drove around all those motorcycle gangs. Don't you know indian people are violent!!! LOL

Wed, 06/01/2011 - 15:33 | 1329886 falak pema
falak pema's picture

the indian rope trick is for the local elites...that's for sure... but outsourcing is giving a new twist to this "rope trick"...

Tue, 05/31/2011 - 16:30 | 1326417 lamont cranston
lamont cranston's picture

Let us not forget the venerable Tata Truck being driven at breakneck speed with its horn employed as the main safety device.

Tue, 05/31/2011 - 16:34 | 1326451 reddweb
reddweb's picture

foodstamps ? f the poor - no foodstamps in india. There is ration, and thats about it. You have to earn to feed yourself or beg (very lucrative in some temple towns...millonaires are made from begging i kid u not).

Thank god they dont do free handouts in india...cant imagine what that would do (probably will bankrupt india a day or two)

 

 

Tue, 05/31/2011 - 16:55 | 1326524 _Alekhine_
_Alekhine_'s picture

Technically the rural employment guarantee schemes are a form of welfare. 

 

They've also have had waiver of farmer's loans a few years ago. Not to mention the  generous farm subsidies. 

 

It's the Congress party's way of buying votes as well.

Tue, 05/31/2011 - 17:04 | 1326558 reddweb
reddweb's picture

no free handouts - like in US. They have to work/earn in india. Buying votes ? agree India doesn't have the sophistification as US (foodstamps, pork barrel etc) - but believe me, the ponzi financial schemes(FED, Wall.St), the defense/pharma/oil industry corruption (with politicians) etc that happens in US are so grand, mind-numbing -that people cant comprehend it. You only hear small-time corruption. What wall.st did in last two/three years - Indian corruption couldn't have done combined in 1000 years. Hmmm, let me see...can you compute trillion dollars in rupees - good luck ever india seeing that kind of money anytime soon?

Tue, 05/31/2011 - 17:13 | 1326605 Corduroy
Corduroy's picture

I figure you have not read about the Commonwealth Games in India last year. A pure example of government / corporate curruption at its very finest.

Tue, 05/31/2011 - 16:34 | 1326452 camoes
camoes's picture

FAST AND FURIOUS 7 - CURRY NITRO

Tue, 05/31/2011 - 16:51 | 1326500 Parth
Parth's picture

I do not understand curry jokes. Be honest isn't curry flavor delicious and addictive? Here in Silicon Valley its all the rage on any Farmers Market- curry chicken. Many of my Native born Americans have switched from pot roast to curry chicken. Thats culinary evolution. Now only if you give up your SUV.....and drive the Indica!

Tue, 05/31/2011 - 17:28 | 1326651 camoes
camoes's picture

I have some very good Indian friends, but they stink of curry, it's like curry is pouring from their skin and they add curry in all food, everything has curry! I like curry chicken once in a while but please...it's like jalapeños and mexicans

Tue, 05/31/2011 - 17:56 | 1326722 fiddler_on_the_roof
fiddler_on_the_roof's picture

you are right. But see spice is addictive - others will probably have to recalibrate their noses to lower sensitivity.

Tue, 05/31/2011 - 19:19 | 1326981 Parth
Parth's picture

curry smell at lunch is an aphrodisiac for ur apetite. Plz curry rules!!!!

Wed, 06/01/2011 - 15:35 | 1329896 falak pema
falak pema's picture

the trick is to have a shower after cooking curry! If you don't you smell of tumeric for sure! If you have indian friends who take showers they will smell fresh as will their curries!

Tue, 05/31/2011 - 16:40 | 1326480 bbq on whitehou...
bbq on whitehouse lawn's picture

If they want cars that bad ill steal the cars, the boat and make my way to India.

All payments must be met with 24k gold and by weight.

Each car gets its weight in gold ( ill pay for gas ).

Do NOT follow this link or you will be banned from the site!