Showing posts with label Narendra Modi. Show all posts
Showing posts with label Narendra Modi. Show all posts
Monday, January 2, 2017
Corruption
In India, Prime Minister Narendra Modi invalidated most of India's cash in an effort to fight corruption. Many believe his attempt at a cure may be more devastating than the admittedly severe disease, but it certainly is a valiant attempt.
In the United States, many believe that our President-elect will not be tempted to use his office to further enrich himself because "he's already rich." Well, he was born rich, and had more money, decades ago, than you and I could spend in a lifetime — but somehow that didn't slow his pursuit of lots more. Becoming President is not likely to change his behavior.
A little thing like the Emoluments Clause won't stand in his way. A Republican Congress is not about to impeach and convict a Republican president for a little bit of self-dealing — nor, for that matter, a lot of self-dealing. We can expect revisions to the tax code to make the party's benevolent billionaires even richer, at the expense of the rest of us. We can expect windfalls for military contractors, the banking industry, any company that takes advantage of "public-private partnership" opportunities and, of course, property developers.
Deficit hawks will insist such expenditures be "paid for" with spending cuts in other areas. The most "obvious" places for cuts already are being eyed hungrily by GOP ideologues: environmental protection, health care (including Medicare and Medicaid), Social Security, the tattered remains of the rest of the social safety net, and regulatory enforcement.
Anybody who expects our President-elect to start behaving like a "normal" president when he takes office is even more delusional than he is.
Labels:
Congress,
Emoluments Clause,
Medicaid,
medicare,
Narendra Modi,
Republicans,
tax policy,
Trump
Friday, April 11, 2014
More Short Subjects
Ukraine
Russian troops at the border! NATO jets patrolling the Baltic states! The Donetsk People's Republic! Be afraid! Well, don't be that afraid unless you're an Ukrainian who soon will be living with IMF imposed austerity measures while paying more for Russian natural gas.
All I see is a lot of posturing. There is no way in hell Russia and NATO will slug it out physically over some antiquated manufacturing plants and wheat fields.
India
It looks like Narendra Modi's BJP party will be pushing the Gandhi family's Congress party aside in the current election cycle, despite Modi's previously undisclosed wife and that little matter of the slaughter of Muslims up in Gujarat back in 2002. Will Modi govern as the consummate capitalist, the Hindu nationalist, or some combination of the two? We'll wait and see.
Speaking of Gujarat, I like to point out to people that Muslims often are victims as well as perps (and not only to each other.) In the Central African Republic, the Christians seem to be the real crazies, for example. Then there's Cambodia, where the Buddhists are the bad guys. Then again, there's Palestine. 'Nuff said.
Flight 370
I've read that the missing Malaysian airliner has done more for CNN's ratings than anything since Bush bombed Baghdad. I will admit I'm curious to know what actually happened (my personal crazy hypothesis involves hacking the airliner's software), but sometimes it happens that you just don't get to know what you want to know.
Labels:
Flight 370,
Gujarat,
IMF,
India,
Narendra Modi,
NATO,
religion,
Russia,
Ukraine
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