Funny piece of headline news today that said Manmohan missed a phone call from Obama because he was travelling!
I thought the PM would have better communications systems than we mere mortals have.
And the news has it that even Calcutta has 1 crore (10 million) mobile phone users. Delhi has 18 million. Mumbai 15 million.
Even Raju, who cleans my car, has a mobile. As does Lakshmi, my maid.
I don't have a mobile phone, it is true, but the PM should be having a satellite phone at all times.
But Manmohan has a hotline with God! Here he is again assuring us of 9 per cent growth.
Though a thoughtful edit in Mint tells him he can "forget it."
China runs a budget surplus - so they can boost government spending. India is hugely in deficit - so there is no room for such a luxury.
The edit also says Manmohan "squandered" a healthy tax kitty. He spent most uselessly. His mai-baap sarkaar is broke. Will someone please buy him a mobile phone. Obama from the other totally broke mai-baap sarkaar may be trying to get in touch.
Second: There is a piece in the Economic Times by the World Banker Nobel laureate Joseph Stiglitz on a "New Bretton Woods." Notice he does not use the word "gold" anywhere.
We do not need to re-invent the wheel of money.
Old is Gold.
Good One!
ReplyDeleteYup. It's about time Manmohan subscribed to international roaming. You can read my take on this at http://www.rameshsrivats.net/2008/11/manmohan-calls-customer-service.html
ReplyDeleteLiked it Sauvik :)
ReplyDeleteOn the Stiglitz bit. There is a scary lot of jibaa-jabba going on about a "new" economic institutions to save world, keep finance in check! MK Venu of economics times, in a otherwise good article, today argues the same.
Let Us Pledge To Save Money From Governments.
ReplyDeleteAnd Government "Experts."
Only then can the poor accumulate Capital, the life-blood of Capitalism.
All State-mediated "welfare for the poor," now funded by fiat paper, is "false philanthropy."