tag:blogger.com,1999:blog-32317349.post4064758658148988381..comments2024-01-06T03:07:18.023-08:00Comments on The Chindu: Loyalties to the Left Credo but not to the peopleHindu Fundamentalisthttp://www.blogger.com/profile/15731102238577129533noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-32317349.post-64865412576972599362008-06-21T17:50:00.000-07:002008-06-21T17:50:00.000-07:00SR,Great point. PA is no economist and thus cannot...SR,<BR/>Great point. PA is no economist and thus cannot come up with an explanation on the linkage between the two events. Chindu's stuck between a rock and a hard place. It cannot complain about the price hike and the problems it poses to the common man when its own political masters are doing the same. <BR/>It does not question the ridiculous approach taken by the Commies towards the UPA govt. though.Dirt Diggerhttps://www.blogger.com/profile/01135391085865919386noreply@blogger.comtag:blogger.com,1999:blog-32317349.post-68648806614020693272008-06-21T15:30:00.000-07:002008-06-21T15:30:00.000-07:00PA highlighted the move with "China’s announcement...PA highlighted the move with "China’s announcement led to an immediate fall in the price of oil in international markets by around $4, down to some $132 a barrel".. Uh! If so then how this can be true? “The increase in the prices will benefit domestic oil companies,” said the National Development and Reform Commission (NDRC), top planning authority in a statement. If domestic oil companies to make profit what it has got to do with International prices? Due to imports? If so then with reduced prices, domestic companies cannot make profit? <BR/><BR/>Oil prices the variance is anywhere between 131-138 (under extreme fluctuation it crossed 138 but not sustained) attributing this to chinese move is utter rubbish. Traders always look for news to induce volatility. Any news such as terrorist threat in Nigeria, OPEC announcement would no doubt move the needle far.<BR/><BR/>If price increase is such a powerful tool to reduce international prices, why Chindu & commies didnt welcome the same with India tried to do? Extending further, almost all prices are on the rise, can we increase domestic prices by far to manage it?<BR/><BR/>All questions, but PA has no answers!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32317349.post-49744657329454985542008-06-21T09:15:00.000-07:002008-06-21T09:15:00.000-07:00Anon,You are exactly right. Do note the comment wi...Anon,<BR/>You are exactly right. Do note the comment with the context.Dirt Diggerhttps://www.blogger.com/profile/01135391085865919386noreply@blogger.comtag:blogger.com,1999:blog-32317349.post-55982980336715148692008-06-21T04:58:00.000-07:002008-06-21T04:58:00.000-07:00I think the last statement is attributed to Maria ...I think the last statement is attributed to Maria Antoinette, France's Queen, and certainly not any philosopher.Anonymousnoreply@blogger.com