Monday, July 23, 2007

Please, Indians, come to San Francisco and bless us with your precious, sweet 'rupees'!

Fun historical tidbit: In ancient times, American wealth and tolerance attracted millions of immigrants from around the world. Our country grew rich as genius Indians like Vinod Khosla flocked to our shores and created everything precious and sweet about the Internet, including that 'OMG Shoes' video on YouTube, and were rewarded with barrels of the world's bulwark currency.

These days our profligate Treasury finances its record debt by selling trillions in IOUs to the Chinese government; we scare away as many immigrants as possible by treating them like terrorists; and we can't have nice things because we'll set them on fire or rot them right before a natural disaster or ignite them with looting and sectarian violence or corrupt them from the executive suite or just generally America them into a sad incompetent Enron-Katrina-Airport Security death spiral or whatever.

The effect on the dollar has been predictable, here it is against the Indian Rupee:

I interviewed an Indian guy last week. His company uses programmers in San Francisco to create Web software to deploy in the rich, Rupee-soaked Indian market, which is just so very wrong I don't know what else to say. Oh, except this: This Indian American entrepreneur told me the latest batch of smart Indians coming out of U.S. universities is moving back to India, since that is where the growth, smart people and oh ya valuable currency is.

The point is: Please, Indians, come to San Francisco and spend your highly sought-after rupees, which can buy you very many nice things on Union Square, not all of which were manufactured in China. Enjoy our land of opportunity and feel free to ignore the untouchable homeless person with an untreated medical problem when he asks you for a "spare five."

Business Times: S.F. opens tourism office to pull visitors from India

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