Skip to main content

India's crazy solution to graft & Trump's cabinet picks

A few weeks ago, the Indian government decided that it would withdrawn all Rs500 and Rs 1,000 (respectively $7 and $15) as a means of combating graft in the country -- it turns out that that Modis' government had neither consulted the Ministry of Finance or the Central bBank of India.  The plan was to remove cash from society, the impact has been brutal.  There is simply no cash available in India!  Business are failing because nobody can pay, the idea would be that everyone would use electronic transfer for payment ensuring that graft cannot occur (as if!).  However, India's problem is somewhat different; nearly 600 million Indians don't have a bank account -- their entire life is cash based with little savings (a cow here and there).

BTW its the kind of crazy off the cuff solution I expect from Trump.  Last week he blasted the replacement of Air Force One -- already at 17 year old aircraft, getting on in age -- because its built of the frame of a B747-200 parts are increasingly hard to find.  This morning Trump discovered the F35 -- again this is a man who thinks the ultimate weapon is a $200 riffle (no don't think about it, riffles are a lot more expensive than that).  Modi's government was run by professional but still politicians who like to shoot from the hip.

Trump loves to shoot from the hip, this could be a problem.  He's manage the scare Europe and Germany in particular, piss of the Chinese, scare the Japanese and Korean that America will no longer be there for them to stop any madness from North Korea.

The new head of the NSA strongly believes in conspiracy theory -- including one where Clinton was running a pedofile ring out of DC pizzeria... the kind of guy who will se conspiracy everywhere and with a trigger fingered President.  Dr Strangelove is among us!

So far Congress is having a ball (wet dream actually) about their ability to repeal every social program that exists so that their paymaster can reduce federal taxes.  its already worked well at state level where some universities have seen their budget cut by 70% (Nevada).  America was already mean now its about to get dangerous, because people with no way out will strike out!

Congress' priority after January 20th:

1) Repeal Obamacare
2) Terminate Medicare Part D
3)  Replace Medicare with voucher system pegged to inflation
4)  Privatize Social Security
5)  Eliminate EPA/HUD and Department of Labour & Education
6)  Increase pressure on illegals to get out -- either through coercion of their employers or via stricter implementation of "crime" laws

The on reason "5" is there is that the guys who have been nominated run these departments have long said they should be eliminated -- they will see it as their mission to seem them all gone.

The one area where Trump will find conflict with Congress will be free trade -- The GOP's paymasters are not about to get that changed, they gain too much.  The other is the military that the GOP wants strengthen -- Trump bulks at the cost of F35s -- yet he wants to boost the navy back to 500 vessels (how much does he think these suckers cost?




Comments

Popular posts from this blog

The end of Tesla?

 it takes a special kind of idiot, to think that he can antagonize his entire customer base, and think that it will not impact his business. When Elon Musk went to work for Donald Trump, and created the doge department, he antagonized every liberal, and these people represent 90% of his client base.That’s not a brilliant move. Now Elon Musk is worth hundreds of billions of dollar, so he shouldn’t care a great deal, however, he needs to care because of several other issues. The cyber truck has been a disaster, most have had to be recalled because of defective glue, it’s not a truck, it’s not a car, it’s noisy, relatively uncomfortable, but great as a development platform. What Tesla has learned in making car manufacturing more seamless is truly amazing. The problem was that Elon Musk was so pissed with the Democrats, and with Joe Biden, in particular because of some slight, which were just plain stupid too. By the way, that he decided to support with hundreds of millions of dollar, ...

Donald Trump‘s bad bargain

 The entire of 2023 and 2024 when Donald Trump was running for the White House, his mantra was no war, that the Ukraine conflict would be resolved in a day, and that he would do everything not to involve America and war. How the world has changed! He finds himself facing three conflicts; Ukraine, still going on almost 5 months after he became president. Gaza, an unspeakable crime against humanity, is obviously going to go all the way to its bitter end. And finally, Israel’s attack against Iran. It’s important to note, that Benjamin Netanyahu first indicated at the United nation that the Iranian were 3 to 5 years away from having the nuclear bomb. He made that statement in 1995. Therefore, no one is surprised that he uses the same two lines every so often. It’s entirely possible, that 30 years after he first announced it, that Iran has finally developed the bomb. It’s also remarkable that Iran, local power has been destroyed, from Yemen, to Syria, via Lebanon and Gaza to small exten...

TACO again, but worst!

 Donald Trump got the rare earth metals that he had thrown away on April 2, liberation day as he called it. What did the Chinese get in exchange? The whole deal, is on the wrap right now. But let’s be clear. It’s the Chinese that have the upper hand.Some of the materials made by the Chinese, are simply unavailable anywhere else. suspicions are that the Chinese got the high-end chips that they lost under Biden. Tariffs will probably return to the level of April 1, and in the end Donald and his friends got nothing for it. It gets worse, Chinese exports to United States are down 40%. The Chinese have found new markets, I probably never gonna buy American grain again. Once again, Donald Trump proved he’s a great negotiator. He got absolutely nothing for his Showmanship. He told the world, that everyone would come and kiss his ass, instead they’re laughing At him. There’s no joke about Donald Trump, a 25 and inherited a huge fortune and proceeded to make it a small one. Bottom line, the...