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Canada Goose Parka The reason he became an enduring brand ambassador of cynical capitalism is precisely because nothing mattered to him canada goose uk reviews except profit for his company (called the Syndicate).He always made a profit, usually buying up the entire supplies of some commodity: Eggs, tomatoes in a village, selling at site web a monopoly price to his own unit.But once he slipped up when he bought the entire stock of Egyptian cotton in the world.There were no buyers left, as even if somebody bought it from him, he sold it back to him.In creative desperation, he even soaked balls of cotton in chocolate and tried selling them to his fellow soldiers’ mess.He had killed the Egyptian cotton market by becoming a monopoly trader with himself.But the genius canada goose outlet black friday figured out a way: Why not sell it to his government?Of course, as a pucca capitalist he believed the government had no business to be in business.But the sarcastic words of former canada goose outlet canada laissez faire American President Calvin Coolidge (one with a hundred quotable quotes) canada goose bomber uk came in handy: It’s the business of the government to be in ‘business’!Coolidge was, after all, a president, and what he said must be right, said Milo, the government’s business is to be in business.So why not sell the cotton to the United States government instead?Now replace Milo Minderbinder with Bharat Sarkar, post 1969, and Egyptian cotton with India’s banks. See that economics plays out now.Indira Gandhi first nationalises all of India’s major banks and creates a State monopoly in banking and finance, particularly as it also owns all insurance companies and developmental canada goose outlet online store financial institutions (former IDBI, IFCI, etc).Then it starts buying from itself: Getting banks to invest in its own bonds, lend for its own projects and public sector enterprises, its loan melas and then, ultimately, loan waivers.So effectively its canada goose outlet toronto location banking monopoly also became its unbeatable vote buying business.In the process, the banks kept going bankrupt at regular intervals.Now, since the banks were all State owned, they couldn’t be allowed to fail, and the government is too big to fail and it has the powers to tax and print money. So the government again buys its own banks (recapitalisation).And if it has to be done through an off budget method so as canada goose jacket outlet sale not to make the fisc look bad, you can have your banks issue bonds.And that, in turn, you can get your other companies public sector undertakings holding spare cash to buy.Now tell me, isn’t our government an even sharper capitalist than Milo Minderbinder? It’s even better, in fact.If his economics was Catch 22, Bharat Sarkar’s is one better, Catch 23.If you are the googling type, you might be tempted to ask how all this Catch 23 sarcasm squares with my appreciation of the latest bank bailout plan.It is a good plan because it is the only thing possible under the circumstances.If your patient is asphyxiating in an extreme asthma attack, and you are the doctor, what do you do but pump the body with steroids, never mind the side effects?. Canada Goose Parka

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