Posted by: meek__misfit December 1, 2009
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http://sajha.com/sajha/html/OpenThread.cfm?forum=2&ThreadID=77312
"Labor movement is restricted and we have the tightest labor laws in South Asia".
A good example of intellectual prostitution to gain donor support by bashing the country.
"We did away with the monarchy...."
"We did a peace agreement with the Maoists.."
I believe she is mixing many groups of people with the use of "we".But why that sarcastic smile 2:32 at the hint of monarchy?
What she is not honest about is that people voted for the Maoists through a democratic process and the election process was peaceful at large, and monitored by UN.
The Maoists in Nepal should be given their fair share of credit for spreading the idea of liberation and political consciousness to people who have so long been supressed and exploited by the the power elites. I hate that disgusting sarcastic smile this speaker brings on her face when she says "We brought them (Maoists) into power which was a very big mistake again." People voted for them for God's sake !!
Also, there are many more Left parties than the ethnic parties, which the speaker failed to mention here. A deliberate biased information !!
"We are not an open country", the speaker says here in the context of securities and capital market. The fact is Nepal's market is not as sophisticated as those in developed economies. It is quite noteworthy to mention that interest rates in Nepal are deregulated, and the banks are free to set their own deposit and lending rates. As simple as Nepal needs.
"We did a peace agreement with the Maoists.."
I believe she is mixing many groups of people with the use of "we".But why that sarcastic smile 2:32 at the hint of monarchy?
What she is not honest about is that people voted for the Maoists through a democratic process and the election process was peaceful at large, and monitored by UN.
The Maoists in Nepal should be given their fair share of credit for spreading the idea of liberation and political consciousness to people who have so long been supressed and exploited by the the power elites. I hate that disgusting sarcastic smile this speaker brings on her face when she says "We brought them (Maoists) into power which was a very big mistake again." People voted for them for God's sake !!
Also, there are many more Left parties than the ethnic parties, which the speaker failed to mention here. A deliberate biased information !!
"We are not an open country", the speaker says here in the context of securities and capital market. The fact is Nepal's market is not as sophisticated as those in developed economies. It is quite noteworthy to mention that interest rates in Nepal are deregulated, and the banks are free to set their own deposit and lending rates. As simple as Nepal needs.
"Labor movement is restricted and we have the tightest labor laws in South Asia".
This is so vague again. I don't know a friend in Nepal who have had problem working in Nepal irrespective of their nationalities. The reason Nepal needs some restriction in labor movement is due to the open and porous border with India. Nepal will collapse on the day migrants/workers flock from India in thousands. Bihar and Uttar Pradhesh, India's most impoverished states in the North surrounds Nepal. Nepal's economy will not be able to contain the sheer volume of migrant workers coming in from India.
I understand that she is an "economist" but I suggest that one needs to put important political and geo-strategic implications into perspective. You can please the donors by sarcastic smiles hinting against the Maoists but that doesn't solve the grass root problems in Nepal. Having worked in a global NGO Nepal branch, please let me make a claim that a lot of these NGO initiatives are driven by greed rather than service. The English speaking elites in big Nepalese cities are happy just to keep their jobs in these donor funded NGOs.
The speaker says that there are lobbyists who are trying to "guarantee job security". A blatant lie again ! Nepal is trying to lure countries to sign treaties that would facilitate Nepalese for work place security, insurance and benefits. The speaker here is deceiving the audience by saying Nepal is seeking "job security". She is mixing "work security" with "job security".
She goes ahead and says that the EAST blames the WEST. To some extent it is true but when we talk about Nepal, this is very far from reality. Nepal is too deep in its own trouble seeking aid from the west rather than blaming the west. Again, irrelevant point.
SLR has been set and she thinks this is "Scary". O Man O !!!! You are scaring the audience there as if this is something Satanic. It was necessary to ensure greater financial stability in the Nepalese banking system which would enable financial institutions to withstand unexpected shocks. The financial orgs are still allowed to raise their capital even by using reserve funds and retained earnings. It has not changed any major rate like CRR, refinancing rates or the bank rate. The Nepal govenment has also opened the borders for domestic banks(as opposed to what this speaker claims). They can now open branches outside the country as well.
She also claims that the government is doing absolutely nothing with the money (from SLR bonds). You need a good reality check, my lady!
She says it all when she says "Statistically I didn't put in a lot of information ..".
How dishonest could you be to say that the idea of liberty is so evil in Nepal. What personal connotation do you face when you talk about liberty in Nepal? Anyone who has been in Nepal can tell that nothing can be more preposterous than the idea that the concept of liberty brings personal connotations in Nepal.
I wish I go could go on listening to you, but I would want to keep my sanity intact. Enough gibberish and a horny intellectual prostitution!
I understand that she is an "economist" but I suggest that one needs to put important political and geo-strategic implications into perspective. You can please the donors by sarcastic smiles hinting against the Maoists but that doesn't solve the grass root problems in Nepal. Having worked in a global NGO Nepal branch, please let me make a claim that a lot of these NGO initiatives are driven by greed rather than service. The English speaking elites in big Nepalese cities are happy just to keep their jobs in these donor funded NGOs.
The speaker says that there are lobbyists who are trying to "guarantee job security". A blatant lie again ! Nepal is trying to lure countries to sign treaties that would facilitate Nepalese for work place security, insurance and benefits. The speaker here is deceiving the audience by saying Nepal is seeking "job security". She is mixing "work security" with "job security".
She goes ahead and says that the EAST blames the WEST. To some extent it is true but when we talk about Nepal, this is very far from reality. Nepal is too deep in its own trouble seeking aid from the west rather than blaming the west. Again, irrelevant point.
SLR has been set and she thinks this is "Scary". O Man O !!!! You are scaring the audience there as if this is something Satanic. It was necessary to ensure greater financial stability in the Nepalese banking system which would enable financial institutions to withstand unexpected shocks. The financial orgs are still allowed to raise their capital even by using reserve funds and retained earnings. It has not changed any major rate like CRR, refinancing rates or the bank rate. The Nepal govenment has also opened the borders for domestic banks(as opposed to what this speaker claims). They can now open branches outside the country as well.
She also claims that the government is doing absolutely nothing with the money (from SLR bonds). You need a good reality check, my lady!
She says it all when she says "Statistically I didn't put in a lot of information ..".
How dishonest could you be to say that the idea of liberty is so evil in Nepal. What personal connotation do you face when you talk about liberty in Nepal? Anyone who has been in Nepal can tell that nothing can be more preposterous than the idea that the concept of liberty brings personal connotations in Nepal.
I wish I go could go on listening to you, but I would want to keep my sanity intact. Enough gibberish and a horny intellectual prostitution!
Last edited: 02-Dec-09 12:03 PM