Friday, May 13, 2016

Fantastically corrupt? " Oh, bad luck."

So, Queen Elizabeth was heard saying that Chinese officials were " very rude ". When told by Police Commander, Lucy D'Orcy, that she was in charge of security during President Xi Jinping's official visit last year the Queen responded," Oh, bad luck " and then went on the say," They were very rude to the ambassador." We in India know that the Chinese are a completely uncivilised, barbaric nation, who call in our ambassador in Beijing at 2AM to hand over a threatening note, and eat every living creature, like monitor lizards. Earlier, the British Prime Minister, David Cameron told the Queen that Nigeria and Afghanistan are " fantastically corrupt ". This was on the eve of the anti corruption summit in London. In response, the President of Nigeria said," I am not going to demand any apology, what I am demanding is a return of the assets." Thereby putting his finger right on the spot. All these years Western countries have been the bankers for all the stolen money of the world. They suck in money stolen in poor countries and keep it if the thief dies or is jailed. After all, the heirs cannot demand a return of stolen money can they? India has been losing $51 billion every year from 2004 to 2013. Britain and the US are the biggest recipients of stolen funds. Having benefited from theft for decades why have the western countries suddenly become so pious? Not because they are honestly worried about our losses. Ever since the crash of 2008 Western countries had to spend vast sums of money to support their banks and desperately need to raise revenues to reduce deficits. Britain is unable to reduce its budget deficit, hence its national debt has risen to 83.7% of the GDP. Foreigners launder stolen money through London's booming property market. Real estate prices have risen so high that first time buyers cannot afford to enter the property market. Just as property prices in India are at crazy levels but show no sign of falling. The Governor of the Reserve Bank has asked builders to reduce prices to clear their inventory, probably because that is one sure way to clean black money out of the system, but having paid out billions in black money builders are reluctant to lose out. As usual Western countries are speaking with forked tongues. They only want to increase their own tax revenues but not help other countries. Mallya is relaxing in London . Britain refuses to hand over Christian Michel, the middleman in the AgustaWestland deal. Before that Lalit Modi departed for London and if the pressure becomes unbearable, maybe even Dawood Ibrahim will go and live in London, the cesspit of all the scum in the world. Fantastically corrupt? Depends on the eye of the beholder, does it not?

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