Chacha Is "The Gravest Threat"

For the past few days I have been writing about the Maoists, suggesting the simple solution of Private Property - which is Justice. Only when there is no Justice does "power flow through the barrel of a gun" - as Chairman Mao famously said.

Today, I would like to reiterate a point I made weeks back, when the Union Budget was presented in Parliament. I then called it "The Monster's Budget" and advised the citizenry to ask their representatives to vote against the Finance Bill, so as to "Bring Chacha Down."

Yes, in my opinion, it is not the Maoists, but Chacha Manmohan S Gandhi, who is "India's gravest security threat." It was laughable seeing Chacha and Obama at the "Nuclear Security Summit" the other day, when both are busy making the lives of the people they govern financially insecure.

Indeed, as an economist, I do believe that financial security comes uppermost. If you have the Capital, you can make yourself quite secure. You can buy guns, engage security guards from The Market, buy insurance - and what not. But if you are financially insecure, you are at the mercy of the elements. No "nuclear security" can help you.

My point is this: Chacha Manmohan S Gandhi is NOT an "economist." Real economists believe in "economization." Chacha does not. Rather, he believes in "capital consumption" - as does his friend Obama. Chacha is consuming Capital with all his foolish ideas, from NREGA to "food security" to the "right to free and compulsory (mis)education."

All "welfare" involves capital consumption, because all welfare is about consumption, and not production. Chacha and Obama sail in the same boat - the Pirate Ship of State.

While the Americans have enough to survive on, so they can withstand Obama, we in India have precious little, and cannot survive the onslaught of capital consumption that Chacha Manmohan S Gandhi has unleashed. This "maleconomist" must be brought down from the "commanding heights."

Our economy can only grow if Capital is saved and invested. Further, if foreign Capital is also free to enter. The more Capital we have per unit of Labour, the higher will be the wages of our poor workers. If, on the other hand, precious Capital is consumed on welfare, and foreign Capital is denied entry, our people will always remain poor.

In my post, "The Monster's Budget," I had commented on Chacha's huge borrowing programme. I had shown how those who purchase government bonds are but clients of The State, who receive "interest" from the tax kitty - which adds to capital consumption.

We suffer from double-digit inflation now - and this is also capital consumption.

No siree. We need a balanced budget. No borrowing. Sound money. Private Property. Justice.

We don't need this Uncle Sham "welfare."

Chacha Manmohan S Gandhi must GO!

Chacha is the "gravest threat" to our financial security.