Sri Lanka News Updates with Discussions

Chennaiguuy becomes scavengerguuy!

Liebling also warned in the 1960s that the business models of newspapers would one day prove their undoing. A prophecy that rings true today for the giants of that industry in his own country. But the 2009 poll results in the Indian elections have made Liebling doubly relevant. Voting for our favourite millionaire comes alive with the 15th Lok Sabha House of the People. Its 543 MPs are worth close to Rs. 28 billion The 64 union cabinet members from the Lok Sabha account for Rs. 5 billion. (One US dollar is worth just under 50 rupees. So reckon the Lok Sabha s total worth is around $2 billion.) And the links between wealth and winning elections are firmer than ever before.

If you are worth over Rs. 50 million, you are 75 times more likely to win an election to the Lok Sabha than if you are worth under Rs. 1 million. At least, in the case of the 2009 polls. (Some 23 of 64 Union Cabinet ministers whose asset worth is in the public domain fall into this Rs.50 million-plus category. Providing it stability of sorts, I guess. In the entire cabinet, only one falls into the less than Rs. 1 million group.)

Another 29 members of the cabinet fall into the Rs. 5 million to Rs.50 million category. If you re in this bracket, your chances of winning aren t as great as the 50 million plus, or Platinum Tier, elite. However, you are still 43 times more likely to win than those with less than Rs. 1 million in assets (i.e. almost the whole of India s population). The remaining ministers, in case you were losing sleep over their condition, fall into the Rs. 1 million to Rs. 5 million club, the cabinet equivalent of BPL (Below Poverty Line). However, there are five years in which to remedy this situation and alleviate the misery of this group.

is that a problem for you iross? too bad ..hikzzwe dont have a problem with that..hikzz

What a lucky beggar!

All of a piece with a society that only last year had 53 dollar billionaires (pre-meltdown), one that still has 836 million human beings who get by on less than Rs. 20 a day and which ranks 66th amongst 88 nations on the Global Hunger Index (just one notch above Zimbabwe). India has plummeted to rank 132 in the United Nations Human Development Index (one slot below Bhutan) as our billionaire count has risen. That wallows below Bolivia, Botswana, the Republic of the Congo and the Occupied Territories of Palestine in the HDI rankings. And never mind being worth billions - 60 per cent of adult rural Indians simply do not have bank accounts.

It is a problem, they are not democratically elected.
should we also let the hindu priests, christian priests and islamic priests to run the country. who is next, charity organisations ?

Another question for you all, should we let the bhuddist clergy run politics in Lanka or should they only stick to spreading peace and harmony.

seems this handle experience sweet dreams from Anamalu.

It is a problem, they are not democratically elected.
should we also let the hindu priests, christian priests and islamic priests to run the country. who is next, charity organisations ?