By way of waiving loans(principal) earlier, Govt. has already created big financial indiscipline at tax payers cost just to win election. Now again and again things are being repeated. We are befooled by Govt. to spend big chunk of money on poors, still their numbers are increasing even 4 times, how long tax payers will bear this goondagardi.
First loan waiver scheme now ground is being created for loan waiver part II.And what is the constitutional sanctity and validity of this statement made by one who is holding no public office .How can it dictate terms to INDIAN bankers .
Let farmers get loans at a "low" rate and lend the money to others at "high" rate(s) and flourish as businessmen. They can also become moneylenders. This, besides, the usual high rates of default and the inability of recovery by the bankers.
Let the banks go bankrupt and bring down the economy with it. Happy madmoisseu!
Now the queen is out in the open. She is 'asking' banks to lend to farmers at low rates. If Sardar Manmohan Singh ji and Shri Pranab Mukherjee have an iota of self-respect left, they should resign, and save us further embarrassment !!
Re: Queen Sonia Maino
by vox populi on Feb 11, 2011 03:48 PM
this is remniscent of loan melas conducted by janardhan poojary many years back-all congress tricks
