Comments on: Need Stimulus – Hold an Election http://www.onemint.com/2009/03/03/need-stimulus-hold-an-election/ Helps You Make Better Financial Decisions Sat, 11 Feb 2012 17:32:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: manshuv http://www.onemint.com/2009/03/03/need-stimulus-hold-an-election/comment-page-1/#comment-15998 manshuv Wed, 04 Mar 2009 11:04:42 +0000 http://www.onemint.com/?p=942#comment-15998 How Can I forget the Indian economy :) you didn't answer the question though. How Can I forget the Indian economy :) you didn’t answer the question though.

]]> By: Biplab Das http://www.onemint.com/2009/03/03/need-stimulus-hold-an-election/comment-page-1/#comment-15992 Biplab Das Wed, 04 Mar 2009 07:29:25 +0000 http://www.onemint.com/?p=942#comment-15992 Finally something on Indian economy!! I thought you have forgotten India.. Finally something on Indian economy!! I thought you have forgotten India..

]]> By: Manshu http://www.onemint.com/2009/03/03/need-stimulus-hold-an-election/comment-page-1/#comment-15973 Manshu Tue, 03 Mar 2009 18:38:51 +0000 http://www.onemint.com/?p=942#comment-15973 Thanks Ancella, I am fairly sure that even now the cap is not working and candidates are spending what they want, albeit through other means. The other interesting assumption in this whole debate is the gullibility of the massses. The whole thing basically says - spend more and gain votes. How true do you think that is? I have not seen any research on this, but I do feel that there must be a very high correlation in the money that a candidate spends and a positive election outcome. Thanks Ancella, I am fairly sure that even now the cap is not working and candidates are spending what they want, albeit through other means.

The other interesting assumption in this whole debate is the gullibility of the massses. The whole thing basically says – spend more and gain votes. How true do you think that is?

I have not seen any research on this, but I do feel that there must be a very high correlation in the money that a candidate spends and a positive election outcome.

]]> By: Ancella http://www.onemint.com/2009/03/03/need-stimulus-hold-an-election/comment-page-1/#comment-15967 Ancella Tue, 03 Mar 2009 16:50:06 +0000 http://www.onemint.com/?p=942#comment-15967 I think the cap on spending should remain. Allowing political parties to spend as they fancy will lead to certain groups / lobbies donating the cash being able "to get their way" with them. Also, it will lead to a scenario in which the party which has spent the most, to go on to win the election (obviously). In India, where you have politicians handing out sarees and what-not during election time to "influence" the people into voting for them (especially the poorer sections of society), this is simply going to aggravate the situation. Trying to save the economy is one thing, alright, but giving the politicians a free reign to exploit the situation....is another thing altogether! I think the cap on spending should remain. Allowing political parties to spend as they fancy will lead to certain groups / lobbies donating the cash being able “to get their way” with them. Also, it will lead to a scenario in which the party which has spent the most, to go on to win the election (obviously). In India, where you have politicians handing out sarees and what-not during election time to “influence” the people into voting for them (especially the poorer sections of society), this is simply going to aggravate the situation. Trying to save the economy is one thing, alright, but giving the politicians a free reign to exploit the situation….is another thing altogether!

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