12/22/1789: Justice Levi Woodbury born. The post Today in Supreme Court
History: December 22, 1789 appeared first on Reason.com.
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Thursday, January 26, 2012||PERMALINK
Labels:
#lrose,
India,
Investment,
Jayalalitha,
Mamatha Banerjee,
Mayavathi,
Social Web,
Stock Market,
x factor
Labels:
#lrose,
India,
Investment,
Jayalalitha,
Mamatha Banerjee,
Mayavathi,
Social Web,
Stock Market,
x factor
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India
has ushered in the New Year with a desperate invitation to all foreigners to
invest in its stock markets! Is there an X
Factor, a real show stopper, for the Incredible India show you need to
worry about?
Beset with high fiscal deficit,
withdrawal of funds by foreign Institutional Investors who lost confidence in
the India
But before we rush with our hard
earned capital to jump in to the Incredible India band wagon and to invest
in Indian stocks, it will be prudent to investigate the ‘X’ factor of India India
A lot of irrational and unjustified
criticism has been hurled, at its economist Prime Minister Dr Man Mohan
Singh and his ministry, by the leaders of India
But what everyone has failed to recognize
is the growing X (which stands for the female chromosome) factor of India, the
unpredictability, irrationality and vagaries of hormones of its elected female
leaders, the Chief Minister trio of Mamta, Mayavati and Jayalalitha, who are meddling
with the growth agenda of the central government in power in New Delhi and
hampering its capabilities to deliver free market and economic progress.
Three of India
Hardly evincing any of grasp of
the economic realities and effects of globalisation which impose urgent fiscal
and economic policy changes to attain the growth, they act as if the states
they rule are no longer parts of the union of India
All the three women politicians who
have attained the status of cult figures with the status
of a mother depend on a little known domination of matriarchal subjugation of the
Indian psyche and its debilitating grip on the Indian political system which
breed and abet the X factor of India
Here are several examples of the
X factor manifesting in the Indian political scene in destructive mode,
disregarding the interests or economic progress of millions of voters, widely
reported in the Indian and International press.
·
FDI
in retail: Mamata Banerjee puts the agenda on hold
·
Govt
to mollify Mamata Banerjee on Lokpal Bill
·
Mamata
Torpedoes Bangla Water Deal
·
Jayalalitha opposes FDI in
retail
The question is, when the
function of free market and sound fiscal policies which are indispensable for
growth and return on any investment cannot be taken for granted, is it really prudent
to invest?
The chances are that you may not
even get the smell of your money again.
Article first published as Is
There An X Factor Investors In Incredible India Should Worry About? on
Technorati
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