On the bond fracas and on 19A

Self-inflicted wounds of bourgeois democracy

When money is parked for longer terms a higher return is expected as a premium for risk taking.

by Kumar David

March 28, 2015, 12:00 pm 

Understandably the public is ultra sensitive, having survived a corrupt morally decadent regime, to any and every shortcoming of the new one. Fair enough and I encourage vigilance after a long period in which Rajapaksa putrefaction fed on the cowardice of the populace. That’s the truth. Edward Saeed remarked that the intellectual must "Speak truth to power" but he forgot to add the same injunction about speaking truth to the people. I devote this piece to two hot issues. First, what the numbers say about the Central Bank bond issue. Second, roadblocks in 19A speak truth to friends and comrades whose speechless, spineless dumbness when Candidate Sirisena was twofaced about abolishing the Executive Presidency, has created to an impasse. Those who stayed silent then, that is the 99% on "our side," are now necessarily speechless when Champika Ranawaka declares that Candidate Sirisena never promised to abolish EP.

On the Bond Fracas and on 19A Self-Inflicted Wounds of Bourgeois Democracy by Thavam Ratna