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Should Obama Do an Invisible Bush Act at the DNC?

Despite the gloss over Ann Romney tried to give the historic improvisation of Clint Eastwood, who tried to address and insult an invisible Barack Obama who had no way of fefending himself, the Democrats will be eager to pull off something in return at the DNC.
Letting the GOP get away with a piece of stage drama to score a political point against them will be a political sin the democrats can't afford. They can't let the insult go away unpunished like the way the convention managed an important debilitating debate on abortion, which preceded it, to totally disappear from the agenda.
Though it may not be entirely in style for a sitting president, who has already declared that he is no way offended by the episode, to stoop to such silly political theatre, it actually gives Barack Obama a precious chance to defend his records by "Eastwooding" George Bush. After all, Bush, from whom he inherited the economic mess, was conspicuously absent from the RNC to evade having to defend his poor record which would definitely have hurt the claims of the GOP.
George Bush must have evaded the convention under pressure from the GOP, precisely not to remind anyone of his legacy or what the Republicans really did to the US economy in the eight years they were in power. In any case, George Bush couldn't have defended his record convincingly and might have ended up with embarrassing remarks, for which he has a solid record, which might have turned in to the high lights of the convention.
Though George Bush himself was on record about his decision to stay away from the convention, For the GOP itself, who is trying to win back the power in Washington, not being able to hold their ex president in front of the nation, as a guarantee of the rosy state of affairs they promise, is an indefensible weakness.
Whether the political managers of the Democratic Party can see this massive hole in the defence of the GOP and capitalise on it can make a real difference to the message they will transmit from Charlotte in the next few days.
Under normal circumstances any attempt by President Obama and his party to go back several years in history to defend their records would have been torn apart by the GOP as weak defence for incompetence. However, the GOP can no more complain about being unduly attacked if some one will do an "Eastwooding" on any of their leaders as they have publicly praised and justified what the Octogenarian Hollywood icon has enacted during the RNC.
But what will be the best way to delicately tap in to the enormous opportunity must be the thought which has kept the DNC managers sleepless for last week. Obviously a copy cat performance by another celebrity or any of the leaders will be deemed ridiculous and can easily backfire.
Their best bet is President himself, who has time and again proved his entertainer appeal, especially during the White House Correspondents Dinner Speech. Obama has proved not only that he can pull off effective jabs at his political opponents, but that he can do such things convincingly while unbelievably difficult situations like the operation Geronimo was being carried out under his command. President Obama no doubt is as much a theatrical performer as Clint Eastwood is.
It is hard to see that Barack Obama and his political managers will let such an opportunity go untapped. A rebuttal in some form or the other must be expected. It will certainly be one of the high points of the DNC.
In what form and way the president will deliver that will determine the political maturing of Barack Obama.
Article first published as Should Obama Speak to an Invisible George W. Bush at the DNC? on Technorati.

Will Harvard Boy Chidambaram Make India The Promised Land Again for American Business?




There are ways to test the worth of things. But the means of real tests are always harsh and bruising like the touchstone on which you rub your gold nugget to see if it is genuine. For Harvard, the proof of the pudding is when its alumni get roasted in the harshest ovens of real life business and come out shining.

Palaniyappan Chidambaram, an alumnus of Harvard, is about to prove his worth with another stint as India's Finance Minister. But in his case, his nemesis and his biggest distracter is also an ex professor of Harvard, Dr Subramanian Swamy.

The problem is that, to gain the confidence of foreign investors, Chidambaram has to find ways to arrest and reverse the powerful negative trend in India's growth which has ended up in a yawning gap in the nation's fiscal balance and high inflation, left behind by his predecessor and the new Indian President Pranab Mukherjee. Perhaps this was also the main reason behind the decision of the UPA leadership to project Pranab Mukherjee as the presidential candidate.

Moreover, since his last stint, despite the confidence of the political leadership he enjoys and repeatedly publicly proclaimed by the Prime Minister, Chidambaram is confronted with a variety of allegations from electoral tinkering to corruption.

While being the country's Finance Minister, Chidambaram has also to fight off extreme political attacks and damaging allegations of corruption, pending legal scrutiny in the courts, which Dr Swamy and the main opposition BJP are spearheading, making his task really daunting for any politician.

To be fair to Chidambaram, he has already been credited with some convincing reforms to India's archaic investment framework during his stint as the Finance Minister during the previous government of the United Progressive alliance of Sonia Gandhi.

Though Chidambaram had to leave the position in the Finance Ministry with an unfinished agenda in the wake of the 9/11 Mumbai Terror attack to take over the Home Ministry, at the behest of the party leadership, unfortunately, no one gives him the credit for stabilizing the country's governance and internal security with swift and decisive actions. Like everywhere good acts in politics have no rewards in India too.

However the impressive measures of modernisation and reforms he undertook as the finance minister is much recognised by the foreign and Indian business community.

In fact this is the main reason why the sentiment of foreign investors has been boosted raising the NIFTY a couple of hundred points since his elevation, from the beginning of the month, as the Finance Minister by the Prime Minister Dr Man Mohan Singh.

Though the political baggage he has to carry is making his task of putting the country's economy back on track extremely hard, his task is in fact not only important for India and its future but is vital for the survival of the UPA and its success in the elections to be held in 2014.

It is this imperative against which Chidambaram's mettle being tested which makes his actions and steps so vital to the world investors looking for successful business in India. It looks like the UPA leadership has realised that it is time for decisive action if the government has to expect another term after the next elections. This will certainly strengthen the hands of the new Finance Minister, giving hope to the investors in India and abroad.

However, a host of other issues from land reforms to mining and power generation which are outside of the Finance Minister's control also need to be sorted out on extremely high priority, which will decide Chidambaram's success in turning the economy around.

So far, it looks like Chidambaram has been successful in boosting the sentiments by quick and decisivemeasures and steps everyone has appreciated. Whether he will be able to carry through the political anarchy which modern India is turning in to through the so called civil society and anti corruption movement of Anna Hazare and others is a matter to see.

If what Harvard instilled in the Finance Minister by his education will stand him in his seemingly gargantuan tasks of being decisive and taking assertive actions in the face of furious opposition, the world famous university can really be proud.
Friday, August 10, 2012
Posted by Unknown

Is There Anything Mitt Romney Can Learn from India's Anna Hazare Movement?


Anna Hazare has proved to be the modern Don Quixote of India. Your life is only worth as the cause you stand for and legitimate action by the government can wipe out your cause. That is what Anna Hazare movement eventually shows the world. If America's Mitt Romney has taken up any cause and is counting on it to win the election he has to make sure it won't be gone in thin air, come November.
Like any other consummate politician who he claims he isn't, Anna Hazare took on an opportunistic fight against corruption when an avalanche of perception of rampant corruption was engulfing India and its UPA government, led by the Congress party.

A year back, negative public sentiment, fanned by a series of presumptive allegations by India's CAG of loss of billions of dollars to the government due to corruption, gave Anna Hazare a cause worth giving his life for. The protest and agitation by Anna Hazare, who went on a fast for several days, forcing the Indian parliament to agree to enact a bill, caught the attention of the world by the mass following it generated.
However, a year own his attempt to rekindle the massive public support he had has fallen flat, with hardly a fraction of the masses coming forward to support his fast and forcing his gang to adapt the path of politics to achieve their goals.
So what has happened even as the proclaimed cause of removing corruption from the public life remained unresolved?
The problem was, like Don Quixote, Anna and his gang were trying to tilt his imaginary windmill of corrupt government whereas the real cause lay in the staggering inequality in education, healthcare and housing of urban population, heightened by the influx of massive amount of foreign investment in recent times.
The influx of easy foreign money has since abetted, even retracted with several billions of dollars withdrawn from the Indian stock market on account of falling confidence and global crisis. The reality of faltering growth and unemployment has dawned on the Indian urban elite making Anna's life not all that important to save at any cost.
Perhaps, more importantly, genuinely honest actions of the government and the political leadership to let law take its due course, which saw several high profile ministers and business leaders involved in corrupt practices behind the bar, had a much more sobering effect on the public sentiment as well as anyone prone for corruption.
Though this has not vastly changed the corruption faced by the people in day to day life, several high profile politicians and administrators all over India have been pulled up, giving a common feeling that, after all serious governments can do with existing laws to act against corruption.
Though a series of faux pas by Anna Hazare and his team over the year might have eroded the credibility, this general impression of positive government action may have more do with the evaporation of the mass support for Anna Hazare.
Of course there are no comparable issues in the American public life Mitt Romney can declare to undertake a fast for which will turn millions in his support. Corruption, nepotism and related evils, which get promptly punished whenever exposed, are a way of American life everyone has taken for granted. Mitt Romney's fasting is not going to change much.
However on issues like the Obamacare, which Mitt Romney has vowed to repeal, he might find the hard lesson from Anna Hazare that a cause can disappear over time, worth taking note of.
Given that the presidential aspirant of the GOP has numerous other issues like his taxes and those related to his employer to convince the American public about, this may not be important to him. But for the world who is keenly watching his steps abroad and see only faux pas whether it is with the British Olympics or his recent visit to the Middle East, a scenario of a landslide victory for President Obama, already being talked about, will be more reassuring.


Saturday, August 04, 2012
Posted by Unknown

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