Back to the Stone Age
Kanthar Balanathan
Economic
failure- A Root Cause Analysis (RCA) will direct the root cause of the
economic failure is due to bribery, corruption, the collateral basis of
election and hence dishonest politicians are elected, unregistered
microenterprises not paying taxes, PM and Presidents to satisfy politicians import
cars and luxury goods for MPs Finance Minister bossing the CB Governor,
improper planning and Foreign Direct Investment, Greedy Presidents and PM,
Politicians children getting involved in corrupt financial activities,
nepotism, No proper planning, and financial analysis is done, kickbacks, and
release foreign currency for politicians and their children. Improper project
management practiced, knowledge vacuum in the brains of the politicians and
professionals, absence of Law and Order, Attorney General and the Auditor
General not functioning, absence of a Senate House who approves before
executing projects and bills, Imports more than Exports. Imbeciles approving
budgets and expenditures, Sale of Bonds, Mayors spending millions on their
toilets, etc. Typical examples: Hambantota Port, H. Airport, Colombo Port City,
a current steel factory in Hambantota, a Cement factory in Hambantota, etc.
None of these projects will yield a good return on investment. This strongly
indicates the knowledge vacuum in the brains of the Sinhalas.
The GOSL does not think in terms of return on investment: For example. Commissioning of Ratmalana airport as an international airport, closing down the Jaffna international airport. Opening the Jaffna airport will increase oncoming traffic from India, Pakistan, Bangladesh, Burma, etc which are close to Jaffna and cheaper. Oncoming traffic will come to Jaffna and then return may be from Ratmalana airport. This will accrue FEX to SL. However, the Sinhala government viewed this operation from a racial and Buddhist perspective only and not from a Financial and economic perspective. Racial GOSL thoughts are why should we make Jaffna an international airport? This particular thought projects their cape buffalo brain activities.
Thank you
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