Cain Marko wrote:TBH, just want to know what is phoren stake in all this....I mean what warrants an article of this nature?
What India Has Done To Its Money Is Sickening And Immoral - Forbes
http://www.forbes.com/sites/steveforbes ... f569cc1148
Why so much anguish? Kahi pe jor ka jhatka to nahin baitha?
Fascinating. The Big Man himself, Steve Forbes rides into battle on this one.
And he compares note-bandi to Emergency-era nasbandi, denouncing the latter as nazi-like eugenics. Breathtakingly audacious dishonesty by the doyen of Western White capitalist interests, the very same interests that brayed endlessly and hypnotically on in the 1950s, 1960s, and 1970s about India 's population problem and the crying need for political will to take drastic measures. India's family planning propaganda culminating in nasbandi and China's disastrous one-child policy were the direct result of those countries' rulers allowing people of Forbes's ilk to do their thinking for them.
It is a very formulaic article, denouncing note-bandi as theft by government, and throwing a carrot to Indians' vanity by saying "ayyayyo some kachra country like venezuela may have done this, but never expected from India, yaar."
Demonetization is not theft, unless, like selfish American Ayn Rand bhakt plutocrats like Steve Forbes one believes that all taxation is theft.
In India, no one really believes it is theft, even though they make lot of political noise that it is. None of demonetization's enemies, including the Hon. Supreme Court, has taken up the matter under violation of right to property, even though that would have been a prima facie plausible (though ultimately losing) case. Government did not take a paisa of the citizen's legitimate property, only temporarily curtailed free access to conveniently disposing of that property. And governments with sovereign rights do this all the time, as well as banks themselves--restrict banking hours, ATM cash supplies, or even shut banks temporarily to avoid a collapse of the banking system.
There are legitimate concerns about the potential effects of this "nuclear " action by government that a good-faith critic would have talked about. I came to know only yesterday that there is a hard limit of 24k on how much cash I can withdraw from my account. I was upset at first because it makes managing my trip home that much harder, but am now convinced on reflection that it is neither illegal nor immoral. But it is still dangerous because it can undermine the faith of the citizens in the banking system altogether, defeating the purpose. The restrictions should be removed as soon as possible, and authorities must convince people that they will never make a habit of it. In this connection I am concerned about Modi sarkar's overall poor communication and messaging skills, Modi's own individual brilliance notwithstanding.
To the question of why the angst, the clue lies in the nasbandi comparison. One approach to the ongoing white western conquest and dominance of countries like India is to force them into something bad and ill-advised like imposing family size limits and hold that wrong thing in reserve as WMD in case the SDRE native autonomously undertakes something risky but far-reaching, essentially taking responsibility for his own destiny (something the Ayn Rand wallahs like Steve Forbes constantly trumpet).
Angst is not the correct word for this. In fact it is a well-caculated and structured attack on India.
Yet another demonstration to the patriotic Indian that white western elite are our frenemies at best.