Monday, October 30, 2017

Capitalising the Profits and Socialising the Losses

Brothers and Sisters, the central government is going to bail out the banks which may go bust because they gave bad loans to rogue corporates to the tune of 8 lakh crores.We the common man is being taxed heavily to pay up for the misdeeds of banks and looters during UPA times like Mallyas who had political connections.These Banks have failed.Listen to experts like Dr. Subrahmanian Swamy and reformulate the banking norms instead of following the American model.Indian banks are a failure as far as common man is considered.They have not yet saved any common man from the crooked moneylenders instead they have metamorphosed to shylocks.Schemes like Mudra Loan are being pushed at people who do not require it while those who need the loans are denied.An overhaul is needed in the Banking system to make it common man friendly from corporate friendly.

Responses

Sanil Subhash Chandra Bose: A rogue prime minister and team of fraud MPs, don't expect your taxes are going to be used effectively.He doesn't allow anyone to expose his wrongdoing. He don't even want to authorise cases against his ministry. Whoever tries to expose things are either stopped with crony capitalist tactics or killed with sangh followers.

 Kenney Jacob : Kejriwal had said this when demonetisation was declared

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