As some states go to the polls we hear some interesting stuff (http://in.finance.yahoo.com/news/Manifestos-focus-economic-ians-742007206.html relates to promised made in West Bengal). The great lady there has promised a "single window" system for approval of setting up of new industries. Now who was it who made Tata leave in a huff from West Bengal and go to Gujrat instead of running the factory in West Bengal?
And someone else has promised that rice will be sold at Rs 2/kg (4 cents /kg). Wow.
Let's come to Tamil Nadu. (http://in.news.yahoo.com/money-money-money-moolah-gets-around-tamil-nadu-20110412-044526-055.html). As I had mentioned in an earlier post (http://vbala99.blogspot.com/2011/01/capitalism-at-its-best.html) capitalism is working 24/7 here. What is the best way to win an election? Purchase the voters. Mr K and Ms J are creating a KJ kind of melody here. Unlike in Bengal these two realize that for the voters a $ in hand is worth 2Rs (per kg) in the future.
Mr Vijayakumar, chief electoral officer has been quoted as saying "he is astonished at the systematic and scientific manner in which cash is being distributed by political parties desperate to win the elections that pits the ruling DMK against the opposition AIADMK".
As in the case of the 2G Scam, SWAN telecom made an investment about $45million from which they made $500m by selling the license. The same kind of investment is happening here by purchasing votes now and encashing it once a party gets elected. Perhaps we can teach a thing or two people around the world about the power of money.
Of course Mr K has categorically denied that he is related to his wife and daughter who are accused of being involved in the 2G scam. He is also about to issue a denial of being related to the DMK party.
God help us. I am reminded of an English King who cried out in agony, "Won't somebody rid us of these turbulent people".
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