before MMS is thrown out of office in another 6 months by the indian public MMS wants to gift the american nuclear insdutry 1 lakh crores. he wants to curse all indians by giving them power at 10 rs per unit (that is you pay 3 times your current power bill ).in the last 4 years the buffon economist was never bothered about the millions of the middle class who struggle every day to pay thier monthly housing EMIs.
Does the buffon economist know a simple 1 BHK accomdation in any of the suburbs of mumbai,banglore,delhi,pune cost Rs 30 lakhs . EMI works out to more than 30,000 Per month. So at the age of 30 he is in debt trap for his entire life. Just becasue the buffon economist never botherd about the speculation in the housing market.
RE:A PM without a vision
by a a on Jul 01, 2008 02:24 PM Permalink
bob... did the PM ask u to take loan?? u would have taken floating becoz of ur greediness dont blame the PM.
RE:A PM without a vision
by Bob Seth on Jul 01, 2008 02:31 PM Permalink
a a . i am talking here about reasonable cost for housing/food/clothing. people who have dubious/immoral/corrupt/easy ways of making money will not have any problem if they aprciate by 500% in 4 years.
RE:A PM without a vision
by Anush Alfred on Jul 02, 2008 05:33 AM Permalink
Dear Bob, While I'm sympathetic to your plight of paying your monthly EMI(which was a stretch even by middle class standards) I think its unfair to blame the PM or govt for it. Land value is NOT determined by the govt, but by the demand for plots/houses. If you live in a metropolitan, prices are definitely gonna shoot up as more and more people want to move in. If the demand is high...the price will go higher. Now, coming to your point of affordable "roti, Kapada, Makkan" by the govt, the fact that you own an apt, are having a comp and internet and working full time shows that you are well off that a vast majority of people...so pl. dont whine. When you were a kid, how many 25-40 yr olds owned a house? How much has the average salary of a professional risen up? If you are getting paid more and have better facilites now , why do you cringe about paying more? It is ridiculous to blame the govt just becoz u wanted to buy a house AND NOT RENT ONE (like people used to do before) so that it is a good investment/prestige issue. Given this age of debt and everything on credit, more and more people are taking on loans they can afford to pay(or being stretched thin) all becoz the bank approved their loan. If you could learn from the mortgage crisis in the US, I think it will be good for you to sell your house and move in to an apt and use the remaining money as savings. And dont blame the govt. If you paid the actual cost of petrol you will know how cheap u r payin
RE:A PM without a vision
by Rama Moorthi on Jul 02, 2008 10:05 PM Permalink
My view this government totally failed on expenditure front despite imposing new stupid taxes like FBT,Service Tax,etc. It is the duty of the govt which is generating revenues to ensure welfare of citizens through proper and prudent spending. Even in necessary areas like health care and education this govt failed miserably. PM and FM are good economists in paper only. Even middle class is struggling now to meet the demands, then imagine the plight of poor man.
RE:A PM without a vision
by kieran frank dsouza on Jul 01, 2008 01:32 PM Permalink
absolutely right Bob. UPA is run by buffoons and puppets the strings seem to be pulled by US!! Hope MMS is kicked out or even resigns without signing the stupid deal. Hardly 60 years of independence and moron Indians are forgetting how they became slaves in the first place - by signing stupid deals!!!
RE:A PM without a vision
by nkseth on Jul 01, 2008 02:06 PM Permalink
Bob is absolutely right. The land mafias are working overtime for the last 4 years after the end of Mr Vajpayee's term. Mr Sherly should know that even in suburbs of small city 1BHK accomodation is not available in less than 15 Lakhs. Leave aside a poor Indian, even a middle class Indian can not afford this price for a small 1 bed room accomodation. We should be thankful to Left, if they show the door to this government, if they have guts. we have the greatest economist PM and the greatest economist FM and see the condition of our country. Both of them have raised their hand. They have not bothered about the hardship the people are facing since last 2 years. This is only one issue govt. and that is Neuclear Deal only.
RE:A PM without a vision
by Sherly Dsouza on Jul 01, 2008 01:13 PM Permalink
R u paying the actual price of Power? i think no..then y u bothered abut Rs.10 per unit...is the goverment forcing to stay in mumbai suberbs...move to a new small city...its not the job of the govt. to provide us with a 1 BHK Flat..
RE:A PM without a vision
by Bob Seth on Jul 01, 2008 01:23 PM Permalink
my dear one day you have to pay up, once the fiscal defici increases , the paymnet will come in the from additional taxes ie surcharges, cess ,service tax etc. so i have to be bothered .tell me one small city where housing cots is within the reach of middle class. tell me what is the job of the govt if it cannot have policies where roti kapda makkan is available at reasonable cost. the problem is people who have acess to dubious/easy sources of money are least bothered about such issues. It is only difficult for people who have some principles in life.
RE:A PM without a vision
by Vijay Swaminathan on Jul 01, 2008 01:26 PM Permalink
Sherly, thats exactly the point he was trying to make. The Govt is NOT doing its job. Is providing 60,000 crores a way of shutting out farmer suicide? I dont think so. Give them a green revolution, they will live to see another day and you and me will get some morsel to eat. Read the article. Someone was flustered that Kashmir was going back to the 1990's. Govts job is
