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Nuclear Deal
by kitttigadu on Jul 13, 2008 11:07 AM   Permalink | Hide replies

The Congress is using its old core competency - the ability to fool some people all the time. In the fifties, it was Nehru's fabian socialism with himself being some sort of lord benefactor to the country. In the late sixties and early seventies, it was Indira Gandhi's garibi hatao and "nationalisation" and the complete corruption of the beaureaucracy. The eighties were Rajiv Gandhi's turn. Actually he was the most decent of the lot. Now it is Mr. Manmohan Singh's turn to show some Nuclear deal fantasies. No cost benefit analysis of the deal has been shown to the nation. If the prime minister had been honest, he would have atleast laid bare all the details in parliment, showing the projected benefits and the drawbacks. Far from it our esteemed prime minister actually made his cronies declare that the IEAE agreement was secret, when at the same time the IEAE leaked it to the press. Whatever be the true worth of the deal, the way the congress has gone about this business is despicable. Vajpayee would have appointed a JPC and would have put the deal to vote in the Parliment.

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  RE:RE:Nuclear Deal
by All Right on Jul 13, 2008 11:57 AM   Permalink
      RE:Why the BJP and Left find Common Grounds
by All Right on Jul 13, 2008 11:29 AM Permalink
I reiterate there is no guarantee in life. Just as there exists a possibility that the UPA and Left will come together post-poll, there exists the possibility of Mayawati and Jayalaithaa tying up with the BJP though they repeaetdly ditched the BJP.

While we cannot forecast the future, we can anticipate future by extrapolating current trends and plan accordingly. This is called vision. In the 80s and 90s, the equity market differentiated old economy and new economy(internet,IT). So old economy stocks and business lost their market valuation. The Ambanis, Tatas and Mittals began to use old economy low valuations to buy companies cheap and expand capacities. Today they are laughing all the way to the bank while the fate of new economy stocks hang in the balance.

This is called vision. This MMS demonstrated he had in good measure in the 90's. Then you knickerwallahs and commies ganged up to call him a US stooge. A decade later, his steps turned visionary. So the trust in his judgment in the field of energy security.

On the other hand we cannot trust the judgment of Karat who sided with China in the Indo-China war or Advani who eulogized Jinnah as a patriot, nationalist and secularist. These are men with stunted vision. One fettered by blind ideology, and the other conditioned by his greed to occupy the PM's chair.

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  RE:Nuclear Deal
by kitttigadu on Jul 13, 2008 12:17 PM   Permalink
MMS demonstrated no such thing. He was an economic beaureaucrat throught the 70s and 80s and was part and parcel of the license permit raj establishment. In fact a few months before he became prime minister, Mr. Singh even gave a speech (I forget where) in which he extolled the merits of socialism, and reiterated all the tenants of the license-permit raj. The 1991 reforms came as a part of strict conditionalities from the world bank and the IMF as a part of a bail out from our forex exchange crisis. According to various nuclear experts, Mr. Singh starved our nuclear establishment of funds throught his term as finance minister. Now suddenly he discovers the benefit of nuclear energy ?? Every develpped country in the world has been moving away from nuclear energy, and we want to embrace it. Manmohan Singh should give a cost-benefit analysis of the nuclear deal in Parliment, state exactly what percent of our energy needs will be met in the future with nuclear power, whether we can do without it, what are the investments required, and at what strategic cost. He has done no such thing. In fact, it is no longer sure that his goverment has a majority in Parliment, and what does he do - go off and make a deal on the sly

We have depended on the so-called "vision" of leaders for too long - first Nehru's vision, then Indira's vision, then Rajiv's vision and now Mr. Singh's vision, and look at the results.

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  RE:RE:Nuclear Deal
by kitttigadu on Jul 13, 2008 12:22 PM   Permalink
And don't lie about the BJP calling Singh an imperialist stooge in the 1990's. PVN did not have a majority in 1991, and hence one of the first thing he did on economic reforms was to consult the BJP. They were all for dismantlement of the license permit raj, and liberalization, but wanted to go slow on globalization for fear of killing Indian industry. In fact Advani openly praised PVN for the reforms and called him the best prime minister India has had. Donot twist the historicak record to suit your thesis.

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  RE:Nuclear Deal
by john jackson on Jul 13, 2008 12:56 PM   Permalink
Very true Kitti ...

Congress was forced to implement those reform policies prescribed by IMF ... becoz there was no choice !!

Remember the country was bankrupt with gold reserves mortagaged ...

Hence, MMS or no MMS, we would have had the set of reforms in that period. It was a just a stroke of luck that we had an economist as FM at that time.

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  RE:Nuclear Deal
by VENURAJA Bowenpalle on Jul 13, 2008 12:48 PM   Permalink
PERFECT ANALYSIS.
VERY WELL SAID.
Remember When Dr.Manmohan singh had devalued the rupee, from Rs16 per dollar to Rs.32/=
BJP laughed at him.
BJP intelletuals incuding some professors of economics told the educated masses that MMS was ruining the country.
But it catalpulted the sagging foreign exchange to unimaginable levels. It lead to a stock market boom. It lead to a astounding increase in foreign direct investment.
At the time, in fact much before that China (PRC) had already devalued its currency Yaan at least six times !!
And our communists vehemently opposed and criticised Indian government and MMS perticularly that his policies only benefit the rich and such nonsense.
You know economics or listen to the person who knows it.
That is what exactly P.V.Narasimha Rao had done it.
Playing politics is quite different from understanding economics, is it not?
You can not say the Congress is old fashioned while BJP and CPI ,TDP,SP,BSP,DMK etc., are progressive parties.
Consider for example cell phones,internet,software,computer industry were envisioned and policies were made and brought about Congress party.
It was Nehru who called Homi Baba and told him to start building an atomic reactor. Nehru at the time told the parliament that we have to spend money on atomic research because atmoic research can not be accomplished,nor can be understood when we require it in future.
That is a vision.
MMS can definitely more correct than Karat or Echuri or Mayavati.

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  RE:Nuclear Deal
by kitttigadu on Jul 13, 2008 01:09 PM   Permalink
(3) As for the telecommunications policy of the Congress, it was a bloody joke. Rajiv gandhi improved it somewhat, in the sense that insted of dialing to an operator for a trunk call, the std facility was introduced. But still, it was a joke. Remember Sukh Ram, congress fellows treated telecommunications as a cash cow, something from which money was to be made. I remember articles on rediff around 1999, as to how the software industry faced a huge threat because of lack of telecommmunications infrastructure. The BJP goverment, particularly, Arun Shourie

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  RE:RE:Nuclear Deal
by kitttigadu on Jul 13, 2008 01:13 PM   Permalink
Jaitley, and Mahajan fixed it, and brought it to world class standards. Sure technology happened to improve during their time, but they created the right policy framework for it to thrive. THe telecommunications sector today is on par with any country in the world, whereas when the congress implemented policy drove the telecommunications sector, it was as bad as the worst country in the world. The DMK fellows are today using it just as Sukh Ram and the congress did - another cash cow.

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  RE:Nuclear Deal
by kitttigadu on Jul 13, 2008 02:11 PM   Permalink
That was an achievment for you people - Jihadis, not Jaswant Singh. You can keep crowing about it.

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  RE:Nuclear Deal
by All Right on Jul 13, 2008 03:24 PM   Permalink
Bournvita:

If all you can find in 5 years of NDA rule is a certain Jaswant saving some Indian lives, I am amused at your intellect...
Maybe you should start digging in your Congress kitty.... I'm sure you'll find many interesting examples... for example the economy supposedly set right by Manmohan in 1991 was actually vitiated beyond repair by whom?... :-) :-)
Ring a bell? .. ;-)

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  RE:Nuclear Deal
by Bonaventure on Jul 13, 2008 01:59 PM   Permalink
kitti gadu .. U have missed the world class standards / precedent set by Jaswant Singh escorting the hardcore terrorists to Pakistan; regarding Sukh Ram .. didn't the BJP absorb him.

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Karat has reasons to fume, says RSS