The Great Indian Political Drama - 3 (Oct 2018 - )

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by RajaRaja » Tue Nov 06, 2018 10:07 pm

crams wrote:
Tue Nov 06, 2018 5:40 pm
Sachin wrote:
Tue Nov 06, 2018 3:36 pm

Looks like poor preparation from the BJP side. And yes, generally in bye-polls the current winner (ruling government's party) has higher chances of winning. The "seculars" are now quite sure that they will also win all the next state level elections coming up.
I did some more digging, and it does appear that there were no major surprises. Everyone won in their stronghold. Only in Bellary, Pappu's local slave won over BJP candidate by a huge margin. But even during the last assembly poll, Cong was pretty strong there.

So it doesn't seem as rosy as Pappu would like us to believe. But the fact that he does control many constituencies is itself troubling to me. The low-IQ dynastic half-Italian slime ball being hoisted on a nation of billion people is itself puke worthy.
Surprise was the margin of victory, Cong/JDS won by huge margins, BJP "barely" retained Shimoga seat by a margin of about fifty thousands votes given that it had won it by over 3 lakhs votes last time.
This points to two things, arithmetics worked in Cong/JDS favor and secondly voter sentiments too favored them. Does not bode well for BJP.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by SSundar » Tue Nov 06, 2018 11:19 pm

Supratik wrote:
Tue Nov 06, 2018 8:35 pm
Points taken but I would like to see some discipline in celebrating festivals. If it has to be imposed by SC and govt then so be it. Only thing is that it should apply to all religions not selective.
We are in agreement except for the fact that this should have been regulated by executives and legislatures whose domains this falls under. The judiciary should have stopped at reminding or admonoshing the government of it's duties. It would even have been acceptable for SC to hold government in contempt if these issues were not fixed within a specific time frame no later than Diwali 2019.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by hanumadu » Wed Nov 07, 2018 6:30 am

https://www.loksatta.com/mumbai-news/il ... s-1785715/

In Marathi. Some body who understands it can post the gist. Apparently, Dev (David as some would like to call) Fadnavis is giving back to temples their land that was sold illegally in previous regimes.

It's ok to put pressure on BJP govts, but don't go paki with NOTA.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by Hari Seldon » Wed Nov 07, 2018 6:59 am

^ +1.

Credit where due. Kudos to DF for this one.

P.S. Doesn't give him a phree pass for the next time he slips up, however.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by chetak » Wed Nov 07, 2018 8:02 am

NDTV Verified account @ndtv

Drunk man flees after allegedly setting fire to 18 vehicles in Delhi https://www.ndtv.com/delhi-news/drunk-m ... hi-1943778



Image
Anjali George @Kuvalayamala 13h13 hours ago

Anjali George Retweeted NDTV

Crackers were better

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by chetak » Wed Nov 07, 2018 11:17 am

when you get the free padma bushan for doing jackshit as a presstitute, you have to dance to the tune of the guy who pays the piper


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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by Sachin » Wed Nov 07, 2018 2:13 pm

What is the story between RBI and GoI tussle? With the 2nd anniversary of demonitisation coming in soon, media has started spinning a story that the nation's financial position is a mess, and RBI Gov is being forces by GoI to take bad decisions. And that he may resign as well.

CBI, RBI - "seculars" seems to be catching up.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by chetak » Wed Nov 07, 2018 3:34 pm

Sachin wrote:
Wed Nov 07, 2018 2:13 pm
What is the story between RBI and GoI tussle? With the 2nd anniversary of demonitisation coming in soon, media has started spinning a story that the nation's financial position is a mess, and RBI Gov is being forces by GoI to take bad decisions. And that he may resign as well.

CBI, RBI - "seculars" seems to be catching up.
The "independence" of the RBI and the RBI guv is a myth, created by the commie media.

The RBI runs for the benefit of the govt, it has to support it and it just cannot go against the policy set by the GoI.

In the final analyses, the RBI guv is not much more than a well dressed and glorified govt servant, serving at the sweet will and pleasure of the govt. He, however, has extraordinary perks and privilege, as do most of the RBI officers, all paid out of the gullible taxpayer's ever accessible pockets.

and here is the proof

Central Government Act
Section 7(1) in The Reserve Bank of India Act, 1934
(1) The Central Government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public inter­est.


This one single solitary clause shows the true aukat of the RBI and it's "independent" guv. He can be hired and fired at will, no questions asked.

The RBI act is from the british times and anyone can imagine what was the purpose and intent of the RBI act.

Independence of the RBI or its guv NEVER entered into the heads of anyone who was involved in the drafting of the said act.

And, the britshits well knew the power and true intent of these two dreaded words "public inter­est"
.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by crams » Wed Nov 07, 2018 3:55 pm

Talking about that Congoon mouthpiece Turdesai, there was an interesting episode recently. That Pappu's Bibmo bot who tweets on his behalf, Divya whatever, made a crude tweet calling ModiJi's presence near Patel statue as bird droppings. Now, in the crass seditious discourse that is pervasive among ModiJi haters, I must say this tweet was benign by those standards and at best ignored.

But immediately, these self righteous Cong mouthpiece like Turdesai, Coupta, Omar Abdullah's keep, you name it, started their chorus of criticism of her with the tagline 'self goal'. Even if one wants to take issue with the tweet, it was not a self goal, it reflects Congoon mindset.

But the larger issue is the self righteousness on display. You actually aid and abet the kind of hate speech from Pappu like 'chor' or Mallijarjun Khagre's and Kancha Illiah's vile characterization of Brahmins and upper caste Hindus, Cogoon's entirenarrative about "Hindu terror" and then pompously take issue with some silly tweet by a low-IQ Pappu bot. Makes them look good, see we criticize 'both sides'.

But contrast that with an equivalent remark by someone from BJP, say against Hamid Ansari like Ram Madhav did when he allegedly disrespected the national anthem or flag (can't recall precisely). Immediately, these clowns will start talking about "Institutions under threat", "attacks on minorities", "majoritarian fascism", "rising intolerance" you name it.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by chetak » Wed Nov 07, 2018 6:28 pm

crams wrote:
Wed Nov 07, 2018 3:55 pm
Talking about that Congoon mouthpiece Turdesai, there was an interesting episode recently. That Pappu's Bibmo bot who tweets on his behalf, Divya whatever, made a crude tweet calling ModiJi's presence near Patel statue as bird droppings. Now, in the crass seditious discourse that is pervasive among ModiJi haters, I must say this tweet was benign by those standards and at best ignored.

But immediately, these self righteous Cong mouthpiece like Turdesai, Coupta, Omar Abdullah's keep, you name it, started their chorus of criticism of her with the tagline 'self goal'. Even if one wants to take issue with the tweet, it was not a self goal, it reflects Congoon mindset.

But the larger issue is the self righteousness on display. You actually aid and abet the kind of hate speech from Pappu like 'chor' or Mallijarjun Khagre's and Kancha Illiah's vile characterization of Brahmins and upper caste Hindus, Cogoon's entirenarrative about "Hindu terror" and then pompously take issue with some silly tweet by a low-IQ Pappu bot. Makes them look good, see we criticize 'both sides'.

But contrast that with an equivalent remark by someone from BJP, say against Hamid Ansari like Ram Madhav did when he allegedly disrespected the national anthem or flag (can't recall precisely). Immediately, these clowns will start talking about "Institutions under threat", "attacks on minorities", "majoritarian fascism", "rising intolerance" you name it.
divya manyfathers is most likely on her way out and maybe she has been told to go some time ago.

Rumours are that she wants to go out with a bang and it may be her swan song.

She may just stand for elections from mandya, as a rebel??

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by RajaRaja » Wed Nov 07, 2018 6:49 pm

Sachin wrote:
Wed Nov 07, 2018 2:13 pm
What is the story between RBI and GoI tussle? With the 2nd anniversary of demonitisation coming in soon, media has started spinning a story that the nation's financial position is a mess, and RBI Gov is being forces by GoI to take bad decisions. And that he may resign as well.

CBI, RBI - "seculars" seems to be catching up.
Issue is that govt. wants Rs 3.6 lakh crore from Reserve Bank's reserve. Reserve Bank has apparently declined to oblige. At this point govt. option is to invoke Section 7 of the The Reserve Bank of India Act, the RBI governor then can either accede to govt. demand or resign or be fired. If the govt. invokes Section 7, it will be able to get the Rs 3.6 lakh crore it wants for programs.

However, the problem is it extremely rare for the govt. invoke Section 7. In the history of RBI only once the govt. has invoked Section 7, that was during the Chinese war of 1962. Even during the 1991 balance of payment crisis govt. did not invoke Section 7 but opted to borrow against gold deposit.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by Nandu » Thu Nov 08, 2018 5:10 am

This is my take on Govt versus RBI.
The RBI has parked 8,22,000 crore of its surplus under two heads: Foreign Currency and Gold Revaluation Account and Contingency Fund Account. Of this the former comes to Rs6,90,000 crore and the latter, the 2,32,000 crore. There is another small element amounting to Rs 13,000 crore which represents surplus in the value of RBI portfolio of Rupee securities on account of variation in the coupon rate of securities in its portfolio and the current rate of interest on GSecs. The value has gone done steeply in 2017-18 over the previous year as interest rates have hardened since June 2017. Then there is another Rs 23,000 crore parked under Asset Development Fund meant for buying new computers, furniture and putting up additional quarters for its staff and so on.
The RBI did an accounting sleight of hand by masking these appropriations under the Head 'Current Liabilities and Provisions' instead of showing under a more appropriate grouping of 'Reserves and Surpluses'. But that aside, the larger question is this: Do they represent surpluses that legitimately represent surpluses that Govt can legitimately lay claim to? Let us look at Contingency Fund. What exactly is it meant for? The RBI says it is meant for as yet unknown contingencies for which it needs a war chest. By conventional accounting yardstick this is 'surplus' pure and simple. Then there is another dimension. RBI says it needs a 'Contingency Fund' of 12% of its total value of its assets. Now why 12% ? Expert Committees in the past which had gone into the question have said so is the RBI answer. Now who are these experts? Former RBI officers such as Usha Thorat and Subrahmanyam! This was later endorsed in later years by another RBI appointed expert committee headed by Malegam. Even this committee did not have any nominee of the Finance Ministry. Another interesting aspect is that this question of 'Contingency Fund' issue was couched under a theme of how to present the future balance sheets of RBI! In other words an important question of deciding the disposition of future surpluses of the RBI was dismissed as an arcane aspect of debits and credits of financial transactions of RBI.. So much for the nitty gritty of RBI surplus under the head 'Contingency Fund'.
Now on the question of Foreign Currency and Gold Revaluation surpluses, it is common knowledge we were practically pauper around 1991. The foreign echange surplus on which we have a valuation surplus of Rs 6,90,000 crore as on date were the direct result of accumulation of gold and foreign currency by the RBI over the years. That in turn was the result of intervention by RBI in the forex market. It is worth recalling that as early as 1993 we had switched over to market related rates for foreign currency. In other words common citizens and corporations had suffered a higher exchange rate on their imports on account of RBI intervention. In other words the general public had suffered an indirect form of taxation on their import transactions on a net basis over the years. So the Government wanting to lay a claim on amounts that came out of taxes paid by the public can not be faulted. What happens when rupee strengthens against the dollar in the future and the Government has blown away all the valuation surplues? The Government can simply impose an additional customs duty to ensure that the rupee cost of import is still sustained at the same level as before when rupee was at a higher exchange rate relative to the dollar. Mind you the odds on the rupee being traded at 1993 levels or even at rates that prevailed in 2000 would truly be a 'black swan' event of the more positive kind.
So, should the Govt account be now credited with an additional sum of Rs 8,22,000 crore for it to be spent on whatever it takes a fancy to? Now that is a public finance question.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by vishvak » Thu Nov 08, 2018 5:35 am

Not to go off-topic but it also raises uneasy questions of what caused gold crisis - was it public expenditure that we couldn't afford or too much imports that exports can't support. I always wonder how opening up of economy helps (w.r.t. licence raj) considering the fact that some cartel will keep throwing alphabet soup treaties constraints - much like how US sanctions have crept into news every few days.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by Sachin » Thu Nov 08, 2018 9:18 am

Haldiram wrote:Issue is that govt. wants Rs 3.6 lakh crore from Reserve Bank's reserve.
Do we have any idea on why GoI requires 3.6 lakh crores? The media as usual is spinning this as a "failure of demonetisation", but considering the media's past shenanigans I really cannot believe that.
chetak wrote:The "independence" of the RBI and the RBI guv is a myth, created by the commie media.
When Raghuram Rajan was shown the door and Urjit Patel brought in, the media had also show cased Urjit Patel as the right hand man of Modi. So now, don't know what has changed.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by JohnTitor » Thu Nov 08, 2018 2:32 pm

Twitter is abuzz with Kattar going all secular and enforcing the cracker ban. Can anyone corroborate?

If true, he's a first rate moron for enforcement as even sickulars states like KA front give a crap about the SC order.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by Rahul M » Thu Nov 08, 2018 2:45 pm

The issue is simply this, RBI took an unilateral decision in a meeting with the govt. representatives absent. decision has to be taken with all members present and all will be well.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by chetak » Thu Nov 08, 2018 3:38 pm

Sachin wrote:
Thu Nov 08, 2018 9:18 am
Haldiram wrote:Issue is that govt. wants Rs 3.6 lakh crore from Reserve Bank's reserve.
Do we have any idea on why GoI requires 3.6 lakh crores? The media as usual is spinning this as a "failure of demonetisation", but considering the media's past shenanigans I really cannot believe that.
chetak wrote:The "independence" of the RBI and the RBI guv is a myth, created by the commie media.
When Raghuram Rajan was shown the door and Urjit Patel brought in, the media had also show cased Urjit Patel as the right hand man of Modi. So now, don't know what has changed.
Raghuram Rajan was not shown the door.

He had major issues with extending his leave of absence from the booth school in chicago where he has tenure. They told him in no uncertain terms to either piss or get off the pot. He holds a green card and his US citizenship is a mere application form away, when and not if he chooses to apply and currently, he is the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business.

He desperately wanted an extension of only 5-6 months because he is the kind of guy who has to have his cake and eat it too. No govt is ever going to accept such blatantly personal demands. He could have very easily scotched all speculation by a single and simple press release but he was agenda and also an ex finmin, (presently charge sheeted) driven so he maliciously let the speculations build and indeed he fanned the flames with his studied silence and that's how he repaid Modi for his generosity.

IMVHO, his entire extension drama was a selfish CV embellishing exercise which he slyly hid from his adoring supporters in the Indian media channels and his personal but taxpayer funded enterprise of wining and dining the chosen presstitutes including one rabid south Indian financial channel female "opinion maker" who ran a maniacal and practically orgasmic rajan cheerleading campaign for many years.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by hanumadu » Thu Nov 08, 2018 7:05 pm

[youtube][2St-K8XhKwg[/youtube]

CNX-TimesNow opinion poll in MP.
BJP - 122
Congress - 95
Others - 13

Added Later: Only 12 of voters said religion is important for casting their vote. If you take away the 7 % muslims and christians, only 5% of Hindus actually vote on religion. 25% said caste, 28 said candidate and 33 said party. Take note all those who say Modi is not doing enough for Hindutva. It is not as big a vote catcher as you think.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by chetak » Fri Nov 09, 2018 4:48 am

hanumadu wrote:
Thu Nov 08, 2018 7:05 pm
[youtube][2St-K8XhKwg[/youtube]

CNX-TimesNow opinion poll in MP.
BJP - 122
Congress - 95
Others - 13

Added Later: Only 12 of voters said religion is important for casting their vote. If you take away the 7 % muslims and christians, only 5% of Hindus actually vote on religion. 25% said caste, 28 said candidate and 33 said party. Take note all those who say Modi is not doing enough for Hindutva. It is not as big a vote catcher as you think.
I don't have any faith in such polls, especially from the times now gang of presstitutes.

However, if it turns out to be true, this is a bad result and a loss of control for the nationalists.

It translates to many RS seats and that will be enough to provide a safe haven for many a congi thug seeking refuge from the law.

This is also an enabler for much congi black money to surface during the elections because the owners of said black money will expect to be handsomely rewarded in terms of assured RS seats.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by hanumadu » Fri Nov 09, 2018 6:39 am

After 3 terms, there is bound to be anti incumbency.

BJP will not get RS majority until there is congress mukth bharat. 2/3 majority? forget it.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by hanumadu » Sat Nov 10, 2018 1:31 am

Other than BJP-CVoter, which is consistently giving around 55 seats to BJP In Rajasthan, all other opinion polls are giving around 75 seats to BJP. Rajasthan elections are last on December 7. There is a good 8 to 9 days after MP for Modo to focus entirely on Rajasthan. I hope good candidate selection and extensive campaigning can swing 30 votes towards BJP.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by KL Dubey » Sat Nov 10, 2018 2:06 am

It is mostly playing out as I predicted earlier:

- NaMo has only one mantra in every rally: sabka saath sabka vikas".

- Overt "Hindutva" being seen especially from Yogi in UP. A very far-sighted decision to make him CM in 2017. He will neutralize any effects of a possible MGB.

- In the south, BJP has really shaken up things even if it may not score many seats outside of KA. The sorry likes of Chandranna, Pappu, Namma Buffalo, Stalin, etc all desperately tryna get together.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by syam » Sat Nov 10, 2018 3:40 am

Sachin wrote:
Tue Nov 06, 2018 9:59 am
I have to take back my words, but I have no problems in doing that.
No need for that. I had seen your posts on other forum. You are back to 'bash sangh' mode.

Amnesty/Greenpeace guys pay 30k min salary to promote their sh*t. Sangh doesn't pay. I can only defend them to a certain point. It's supposed to be defended by hindus themselves.

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by chetak » Sat Nov 10, 2018 2:48 pm

If you have the time, watch the short video.



twitter

"We are fed garbage in history books"

To ensure Indians continued to remain slaves of Dynasty, they fed us tales of our suppression.

Our kids know about Ghori, Khilji, Akbar, A'zeb.

But not about great Vijayanagar empire, Chola dynasty, Samrat Ashok...



https://twitter.com/girishalva/status/1 ... 0644775936

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Re: The Great Indian Political Drama - 3 (Oct 2018 - )

Post by hanumadu » Sun Nov 11, 2018 5:42 am

https://twitter.com/muglikar_/status/10 ... 5423115264
Ashu

Verified account

@muglikar_
Following Following @muglikar_
More
First removing control of APMC over farmer produce and now Cooperative sector taken away frm Cong and NCP. Silent dismantling of entire ecosystem happening. Only aware localites will know. Dist coop banks were controlling the rural economy and Con/NCP wins only on this basis
Read the thread. Why multiple terms to Modi/BJP are important. Its a long attrition process. There are no short cuts.

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