Sunday, July 10, 2016

Nothing succeeds like enjoyment.

Our Finance Minister said yesterday," Recent reports have indicated that there is a sizable dip in Indian holdings outside the country." He meant black money. Hallelujah. The Finance Minister has also promised that no questions will be asked of those who voluntarily declare black money and pay tax on that. That indeed is generous of him. But what about politicians? Of the 19 new ministers sworn into government 7 have serious criminal charges against them, such as attempted murder, communal rioting, bribery and possession of deadly weapons. The standard response of politicians is that these charges are politically motivated, made by opponents to gain electoral advantage. Why not pass a law that any politician making charges, proven to be false on investigation, will have to pay heavy penalties? Because charges against politcians can never be proven, because they control the police, so those making charges will always be penalised, which they will decry as politically motivated. Of the 78 ministers in the cabinet 24 have declared serious criminal charges against themselves. Why do we need a huge mob of 78 in India, which is a $2 trillion economy, while the US, which is a $16 trillion economy, has a Vice President, 15 cabinet secretaries and 7 other posts of cabinet rank, making 23 in all? Apart from occupying huge bungalows in Lutyens Delhi, having brainstorming sessions in 5 star hotels and going on frequent foreign tours, to make India great again, what exactly do these people do? How do they pass their time? It must be very hard to create endless enjoyment at taxpayer expense. What sacrifice. If all these people fail to improve the economy then the Congress, which has ruled India in 55 out of 68 years since independence, is waiting in the wings to take over. We are waiting with breathless anticipation to know whether Ms Priyanka Gandhi, daughter of Congress President, Sonia Gandhi, sister of Congress Vice President, Rahul Gandhi, and wife of the famous magician, Robert Vadra, who is reputed to make millions out of nothing, will be joining the fray. The Family has a tried and tested method of winning elections - dole out subsidies. Subsidies have amounted to 9.2% of GDP, that is Rs 6.90 trillion, when The Family was in power, compared to 5.3% of GDP, which was Rs 1.83 trillion, when others formed the government. Naturally, expense grew by 9.1% during The Family rule, compared to 5.6% when it was not in power. That increased government debt, led to inflation and increased poverty. " All political lives end in failure," David Cameron is reputed to have said after losing  the Brexit vote. Indian politicians never fail. Because they are here to enjoy. So they never go.

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