Sunday, November 01, 2015

That is why lucre is known as filthy.

Moody's, a US investor firm, has warned our Prime Minister that irresponsible statements by party members on religion is destroying the credibility of the Indian government and could affect our credit rating. Along with S&P and Fitch, Moody's allots credit ratings to sovereign governments. Credit rating grades the ability of countries to repay any money they borrow from foreign sources. Thus Argentina has a rating of Caa1 by Moody's, with a score of 20, which places it at default level, while Switzerland is rated at Aaa, with a score of 100, showing complete safety. According to Moody's India is at Baa3, which is just above junk level, with a score of 47, but Bahrain, where protests for greater freedom by the majority Shia is crushed by the Sunni royal family, is also rated at Baa3, but with a higher score of 55. The US, naturally, has the highest rating of Aaa, with a score of 97. This is a country where a policeman tossed a school student across the classroom, a 12 year old boy, playing with a toy gun, was shot dead by police thugs, over 30,000 people die of gunshot injuries every year, there are 347 million guns for a population of 317 million people and no politician can get elected if opposed by the National Rifle Association. It is alright for the police to shoot unarmed black people in the US but if some idiots shoot off their mouths in India then Moody's has the audacity to warn us. But surely, India is a sovereign country and all our politicians are outraged at this insult? The Congress taunted the Prime Minister on Moody's report. Many in the media have immediately jumped on this as a vindication of their opposition to Mr Modi because he is seen as a Hindu. There has been an outpouring of venomous scorn on Hindutva, which means Hinduness or being a Hindu. When a fire killed 2 Dalit, or low caste, children last month the media screamed 'caste war'. Upper caste Hindus had set the fire, they said. Guess what? The fire started inside the house, say forensic experts. Is their any apology or shame for the lies they have been spreading? The news has been quietly buried. For Dalits it is lucrative to blame upper castes because they get a new house, money as compensation and a government job if they can get away with it. Ever since a man, belonging to a minority community, was killed for stealing a cow Hindus have been blamed for communal hatred. In Texas a man was sentenced to 99 years in jail for cattle rustling. The same beef-eaters want us to go on talking to Pakistan despite its determination to destroy India. Why is their such hatred for Modi and for Hindus who are seen as his supporters? Because he is destroying an elaborate system of patronage built up over 66 years in which largesse was distributed from taxpayer money by politicians in return for total compliance in all the crimes committed by them. This happened in another socialist country, Venezuela where the economy has been destroyed by handouts and the politicians are lying about it. In Venezuela the same politicians are in power whereas we threw out the crooks. Hence the anger.

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