- Modi is interested only in his own political career, which is going to last for only the next few years. He doesn't give a damn to the lives of Indians, say, fifty years from now.
- So he can take a Japanese yen loan at 0.1% interest rate to finance the totally unneeded and wasteful bullet train project in order to turbocharge his political image [foolish voters will be swept away by the train, unaware that public's priorities are elsewhere], and falsely claim that the loan is "in a way, free". Modi knows that common Indian man will only see the 0.1% figure and believe that it's almost like zero. Ignorant voters aren't aware of concepts such as inflation, interest rates, etc.
- Further, Modi gives a damn to the fact that the rupees 1.1 lakh crore he's going to waste on the only 508 km long bullet train can be [and should be] used elsewhere, because India has many other pressing priorities in terms of poverty, sanitation, roads, affordable healthcare, education, employment and railways itself. India can't afford this shiny toy yet.
- Modi won't tell you that there were 200+ train derailments in the last 4 years. Why? Because if he tells you this, you will question his spending 1.1 lakh crore rupees on the Japanese bullet train, and his entire plan to embezzle Indian people's money will fail.
- Lastly, the large sum that Modi is going to spray on the Japanese is also going to result in a huge windfall for Modi's cronies, in the form of overpriced contracts, inferior-quality parts supplied, embezzlement of money, and so on.
- So Modi gets instant political mileage as well as financial windfall, at the cost of India's present and also future generations.
Sunday, September 17, 2017
Governments shouldn't be allowed to take steps that help them politically in the present, but create risks for future generations [COMPACTIDEA]
Monday, August 14, 2017
Public will gladly pay taxes - and support higher taxation - if it sees actual benefits coming from those payments [COMPACTIDEA]
But if we see that our taxes are being looted by the politicians at both local/state and central level - the way we clearly see now in India - then we feel angry about paying taxes. When we see such "roads", and we know that some ministers have looted crores of rupees on "maintenance and repair" of these very roads, then we feel angry.
Sunday, April 9, 2017
Pursue and prosecute government officials as aggressively as is done for the general public [COMPACTIDEA]
- Government agencies across the world vigorously and viciously investigate and prosecute even the most petty crimes/offenses committed by people in the general population.
- However, when it comes to offenses/crimes by government officials, a clear and stark contrast is seen. Scams, mistakes and other costly/criminal offenses are not investigated, officials are not prosecuted, and in general, the overall approach is to "move on" and forget about it.
Friday, October 14, 2016
Government officials sell state-owned enterprises to private buyers, then funnel out the cash received via unprovable corruption [COMPACTIDEA]
Happens all over the world, including so-called developed and civilized states of the West. Governments sell state-owned companies to private buyers, and then the shining cash that enters the state coffers is quickly funneled out via preferential tenders, overpriced contracts, unneeded maintenance/repair activities, and so on. Great way these politicians have devised to fill their own pockets by convincing the public that they're doing some sort of "economic reforms" by privatizing government-owned companies. True objective is to fill up personal coffers by filling up state coffers by selling away public's property to private hands in the name of reforms. When companies remain in state hands, money comes to the government very slowly [in the form of annual taxes and share of profits, if any], but because each minister thinks that he has only 4-5 years to make money [while he's in power], he wants to quickly auction off state enterprises so that the state coffers can fill up very fast.
Sunday, September 18, 2016
Votes of the poor are easier to buy - hence poverty in population is an enabler of corruption [COMPACTIDEA]
It seems that poor people's votes can be swayed [much more] easily by giving free food, liquor, etc. That's the popular belief here in Punjab, and people commonly talk that some of the large local political parties bribe the poor during elections to buy their votes. Poverty, hence, is a supporter of corruption, especially because the weight of one vote of a poor fellow is the same as that of a rich folk. Reduction in poverty will make this purchase of votes more difficult/expensive.
Saturday, August 27, 2016
Governments should be punished harshly for taking some stance publicly but acting in opposite way in private [COMPACTIDEA]
- Event: ‘European Governments and the BDS Wars: Public Opposition, Private Support?’ [link]
- Event Summary: ‘European Governments and the BDS Wars: Public Opposition, Private Support?’ [link]
- Latest Hillary emails show her private support for trade deals she publicly opposed [link]
- Hillary Clinton answers for saying politicians need 'a public and a private position' on issues [link]
- Hillary: You Need A ‘Public’ And ‘Private’ Position On Every Issue [link]
- Washington publicly calm, privately concerned over Jordan's aid to Iraq [link]
- EGYPTIANS ARE DISAPPOINTED BY THE JORDANIAN-P.L.O. RIFT [link]
- Donald Trump Says Hillary Clinton’s Bodyguards Should Disarm to ‘See What Happens to Her’ [link]
- Virginia Governor Photographed With Willie Nelson’s Pot — But Arrests Thousands for Possession [link]
- Deposit in bank accounts of political parties exempt from tax [link]
- [Sep'17] When the Indian government rolled out GST in mid-2017, it kept petroleum products [petrol, diesel, kerosene, etc.] outside the GST system. This exception itself can be called profiteering, by the government itself. Also, this government has relentlessly increased both the retail prices of petrol and diesel, and also the cess/duty/excise/tax charged on these products in order to offset any fall in international crude prices, thus extracting more and more from pockets of the people. This is not just a clear case of profiteering, it is also tantamount to daylight theft. This is to be seen against the government's warnings to the public to not engage in profiteering post the rollout of GST. [link 1]