http://www.ft.lk/columns/The-Government-s-“growth-scam”-/4-657822
The link above is to a Financial Times article which is well worth reading if you are knowledgeable and intelligent to sift through its MUMBO JUMBO, meant to fool the halfwits who mostly read it.
Nivaard Cabraal has got the nerve to maintain that the problems of today are solely this Government's and he has no blame attached to him from his time as the head of the CBSL.
It is mighty disingenous of him, to point the finger solely at others.
My opinion is that both Administrations are at fault, but the real rot began from there, as his growth was merely construction lead, which can easily increase GDP rates as no allowance need be made for borrowings higher the better for growth as it goes into construction that immediately boosts growth.
No fool can argue with that, but the fools in this govt. don't know enough economics to make this simple observation that is so obvious.
Further getting into unproductive investments meant that while the money was spent while investing in Mattala hits the GDP, suddenly when the constuction and spend stops and there is no return - meaning no planes landing, immediately the investment is a zero return one. If it did yield returns, it hits the GDP.
So the MR policies of WHITE ELEPHANTS was a classic case of grwoth while the elephant was ebing built and NO GROWTH once it is over, so add that Harbor, add that Sports Stadium add that Convention Center and add that high cost low return Norochcholai to the list despite the need for Norochcholai for the power at the time, but not such a wasteful one, where the worst optioin that paid the biggest commission was chosen to fatten the pockets of the party in power.
At least for all the idiots who in charge now, at least we can criticise and Cabraal can also write this kind of criticsm for us to read. If it was during MR time a white van would have taken Cabraal where we will never find him again.
Give credit where it is due and blame where it is too. take the partisan side out of you if you are a professional and if you are not your partiality and nakedness is so apparent any fool can see.
So no more sanctimoneous sermons from you please as there is no one in this adminisrtation who can point out your obvious flaws. We are a country where the blind have led the blind all throughout and we need professionals and not charlatans who claim to be professional like NC.
I hope the readers are able to decipher the fluff from the fact in this link in today's FT to make sense or nonsense of what is said.
This govt with flawed policies like reducing price of fuel, giving govt servants raises and allowing any car permits made matters worse. If they did none of these things we would be flying with 10% growth just from the private sector effort being ab le to emply a milion more to take the vacancies now on offer.
Thanks to MR who stuffed the public service with useless people we have no one to do the good jobs and we have people who are looking at the lazy public servants and saying if he can get a paychek like this for no work, why should we go to work an d get a lower paycheck wehre we have to sign in with our thumb p\rints, It is as simple as that.
If all vacancies are filled, growth today will be 10% + but the private sector is being squeezed to balance MR's excesses
May God Help Sri Lanka from these charlatans
a carefully researched scoop on news not usually available on any other media channel or in many cases noted before it appears in conventional media from an insiders perspective. The views are that of the author and are not guided by any other person or organization. A truly unique and independent opinion of SRI LANKA TODAY
Tuesday, June 26, 2018
Wednesday, June 13, 2018
North Korea under the US sphere of influence - who loses? Russia, China & to a lesser extent, Japan and South Korea
North
Korea needs US technology to improve the quality of life of their citizens,
more than the US needs anything from there. So for nuclear disarmament they
will benefit enormously from US aid, which to the US is pea nuts but the poor
25M North Koreans it’s a shit load of money.
A
dictatorship is better able with US help to impose a development model without
leaving it for market forces to find the equilibrium. With tried and tested technology,
they can leap to the 5G generations, skipping even the motorbike era for its
citizens.
What if
Kim says I want all my roads to be ready to take autonomous vehicles from day
one? It will go straight from 19th century to 22nd in one
jump, and it is the South Koreans who are going to feel the heat, seeing the neighbor
in the North benefitting the most.
It’s time
to get your house in order to get ready to go and work in North Korea, as the opportunities
for overall success are greatest.
I guess
this relationship is not as bad as was thought, Kim a Generation Z at heart is
ready to leapfrog. Forget the political prisoners for the moment as that is not
going to achieve the planned success, until the economy begins to grow. Then
you can even contemplate releasing these miserable wretches who have been
tortured and starved for years, those who survived that is as we know that 20
years ago, at least 5M North Koreans starved to death due to famine.
The truly
fun part is going to be when US investment completely overwhelms North Korea. Russia
and China will look glumly at the increasing US influence on what they regarded
as their turf.
These are
the benefits of gun boat diplomacy, that the US under Trump imposed on North
Korea and before you can say Jack the hard working Korean work ethic would
transform the North, unspoiled and beautiful to be the latest must visit place
on earth.
Coming
back to earth now, it is unlikely that the doomsday scenario will take hold.
Donald J
Trump will then be seen as the savior of the day, outwitting all the punters,
and naysayers big time.
Pack your
bags and let’s get ready for the North Korean Gold Rush, providing goods at
even lower prices to the US market as they will get more preferential access
than even China and Taiwan to say nothing of Japan and South Korea.
Tuesday, June 12, 2018
Please don't add to the number of Ministers - Please - It’s not the person, it’s the position stupid!
We must immediately reduce the number to a maximum of 30 Cabinet and Deputy, not increase it to 100
Why is there no hue and cry over the
impending appointment of SIX MORE DEPUTY MINISTERS?
http://www.dailymirror.lk/article/-UNP-backbenchers-to-be-sworn-in-as-Dy-Ministers-151164.html
http://www.dailymirror.lk/article/-UNP-backbenchers-to-be-sworn-in-as-Dy-Ministers-151164.html
In a Country where nothing can be
implemented, because none of the Cabinet Ministers are still clear about their
responsibilities, powers, and jurisdiction, adding to the confusion is
completely reprehensible.
This is what is being done to accommodate
every baby who cries fould at not having anything to do, or be able to tell
their backers, they can’t give jobs, as they have don’t have ministries to
stuff more yes men into.
We are adding to traitors not to
patriots and automatically this position is not going to be used for the benefit
of Sri Lanka, its citizens and the important tasks ahead, but for more
ceremonies of taking office, more places for them to sit, more positions for
their lackeys and more space for their security.
It is simply crazy that for a population
of 21Million, smaller than most states of the USA, most cities in China, most
Provinces in India, we have people in positions but no powers, or common sense
to do anything for the benefit of the Country.
Don’t misunderstand me. These people
have been given positions just to be yes men, not to do a job. They are a
nuisance to the Cabinet Minister as they are going to be a thorn in his side,
as he has to listen to more fools, and he has enough fools to listen to already,
instead of choosing someone who at least has some common sense to advise him.
Politicians are in the mistaken belief
that they know what their constituencies want. Yes they know what they ask, BUT
NOT WHAT THEY REALLY WANT. They are sadly intellectually challenged to see the
difference and thus we have the downfall of our political system, where eigth
graders are listening to people’s request, without the ability to really get to
the bottom of their requests to supply what they really need to improve their
lives for the better. Make no bones about it providing what they ask for will
not satisfy the long term needs of the voter, it will merely satiate them till
next week when they will come asking for more.
I suppose our political system works on
the premise that giving a little of what they ask will make them enslaved, so
beholden so the politician in question will have a following based on slavery.
That is not good for the Country it is treason. That is why these appointments
are against the interest of the Country.
The Handshake – World has turned on its head, and we are the better for it!
It’s true. Build a nuclear warhead
threaten your neighbor by flying your ICBMs without a nuclear warhead and then
POTUS will invite you for talks. Cool hah?
That’s what North Korea did, and it paid
off. The world is watching, and the Country with the highest proportion of
political prisoners as a percentage of the population, facing toture and
starvation in Gulags, wins the day.
Rajapakse clearly misunderstood the word
bullying here, and what it takes to win in the world of diplomacy.
Trump on the other hand promised his
backers, that he will turn US foreign policy on its head as it did not work all
this time and by doing it is own way is making some HEADWIND. So what did he
do?
He saw North Korea testing Nuclear
Missiles and they even taunted him by saying it was days before they could get
their ICBMs to go the distance to Hawaii and obliterate that island. He then
got Russia and China and tightened sanctions, and threatened to use Nuclear
Weapons against Korea, (if you obliterate the North, you also obliterate the
South) He brought the sixth fleet to the waters off Korea and showed he meant
business.
South Korea’s new leader who was more
moderate, having his parents who fled the North as part of his legacy, managed
dialogue, got Kim to come made a historic meeting at the DMZ. (don’t forget the
two Korea’s are still, as in even today, technically at war) Then there was
another meeting again in Seoul much to the surprise of the world. Kim in the
meantime went to Beijing twice to meet his supporter, President Xi, who
provided the planes this time to bring his entourage and his two Mercedez
Limousines to Singapore.
The South Korean leader brokered the
meeting in Singapore. Trump whose art of the deal, saw the greatest photo
opportunity of his Presidency come and jumped at it. So did Kim. Sanctions were
eased immediately, the entrances to the Nuclear Tests sites were bombed, he agreed
to halt tests and they met this morning at 8.30am or there abouts at Sentosa
Island in Singapore, talks still taking place with their teams.
Despite condemnation from Human Rights
Organizations all over the world who have lost credibility by trying to stop
this meeting which will not even touch on the HR record at this meeting, it is
being hailed everywhere as a Diplomatic Triumph for Trump and Kim, who will win
the Nobel hands down.
Now
for the nitty gritty:
Did you see Denis Rodman on CN? He was
the front man for years, who went to Korea and got shat on by the US media, and
he was crying on TV saying he had death threats on his return, because he went
to the Pariah State. Now he sporting the Make America Great Again cap that the Donald
used in his campaign actually has the last laugh. Even Trump’s secrtary had
personally called him to thank him for his part in this historic meeting and he
was reveling in the fame of the moment, knowing his long term investment in
North Korea, which he said had always been let down by people making promises
and breaking them, get on the world stage.
Personally I have not analysed my
feelings about the HR issue, about the totalitarian regime for 75+ years of
grand father, father and son in charge, ruthlessly suppressing opposition, and
controlling the remaining people with fear. One has to admire how 25million
people in a state that is dead broker and poverty all encompassing and people
fed a diet of only the leader as God, who effectively owns the Country, more
ruthless than Nero, and more grabbing of the Nation’s wealth than Ghadaffi is
now hailed as a hero even in South Korea that prior to meeting with their president
had 10% approval rating, 35% approval rating after the meeting with their leader
at the DMZ and today 75% approval rating in South Korea of all places. That is
absolutely astounding, for a man who threated to annihilate the whole of South
Korea with just one missile.
Diplomacy is weired, but diplomacy that
can change the stakes from fear to satisfaction without one shot of a bullet,
is to me the epitome of success. In Sri Lanka we miserably FAILED. Mahinda
Rajapakse who all think is a hero, miserably failed to stop the killing until
he had killed all the LTTE who were left. Don’t forget he massacred thousands
of his own Countrymen, using his own army. No matter that his countrymen
revolted. A smart leader could have turned things around with no killing,
dismantling the mad ruthless terrorist, if he was able to get his killing
machine, Karuna on his side, why could he not isolate Prabarkaran, where he had
NO option but to swallow his own cyanide on his neck, which the bloody coward
could not do even at the end.
We learn from history, so we don’t make
the same mistakes, and that is why we use history to help the present. In Sri
Lanka we have fake history taught in schools and our teachers don’t even realize
how fake it is when they teach it. At least we can se the world operating in
our faces on TV today, a luxury our ancestors did not have. However as dumb as
most Sri Lankans are few would have even seized the moment of history happening
3 flying hours away from our little island, and Singapore an even littler
island getting press coverage worth US$10B in one day, when we cannot get US$1B
in FDI in ONE YEAR!
Despite my reservations about Donald Trump and his art of the Deal by which his Presidency seems to be defined, you have to give him credit for at least promising to do his foreign policy in a different to style to established foreign policy, and KEEPING TO HIS PROMISE.
PS Did you not notice that there were NO US SENATORS OR CONGRESSMEN from either side of the Isle in his entourage? Well he did it on his own.
For a great Country like the USA not even to consult or have their legislators anywhere on the scene, is tantamount to the POTUS being a dictator for a term of 4 years only. It works, knowing you could be elected one more time and that's it.
That is what MR failed to understand and failed to profit from, when being greedy to change the constitution to have a longer stint at the robbing top. Can anyone point a finger at Trump for robbing the coffers? NO. On MR the answer is a big YES. The fact you cannot get his stash from Dubai bank accounts, is not the fault of the present government.
Dubai is the place where all the rogues of the world stash their cash. Switzerland has now pledged not to allow stolen money to be dumped into their banking system. However Dubai is now the depository for money laundering in the world, and make no bones about it, the Rajapakse US$ billions are safe there, ready to fight many more elections in Sri Lanka if need be. So the answer to the critics saying where is the money? IS SIMPLE it is there and can only be used by the owners and their proxies, both of whom are operating in Dubai - don't we know it.
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