I will say that this noteban is the biggest scam ever in the history of modern India. I will say why it is so.
- BJP was failing all along. None of its schemes were working on the ground.
- BJP was losing election after election. So it was running out of options. I mean that the RSS headquarters wanted results.
- Also BJP realised that future elections in UP and Punjab are in doubt.
- Aam Aadmi Party is nothing but a "scam" party created by the BJP-RSS combine for the result of dividing the votes and making a "Congress free" India.
- When people were protesting against the Congress for corruption (in 2010-2013), post election they needed to be accommodated somewhere.
- Surely they could not join BJP which was already a corrupt party. So someone mooted teh idea of AAP which is nothing but helps the BJP in erasing the Congress.
- Ultimately the AAP is to merge into the BJP and that will happen if Congress gets completely extinguished and that is the grand plan of the BJP.
- Now some people saw through this. Even in Bihar elections Asaduddin Owaisi was used in Muslim majority areas to divide the electorate.
- Because if the electorate is divided the BJP gains as a result.
- But the thing is the people saw through this. And the BJP got panicked when they lost Bihar.
- Now how does corruption happen in India?
- Corruption happens when people loot the country through carrying out existing projects and they don't spend the funds designated for the same or spend the lesser funds balance goes to their coffers.
- Next industrialists want to expand their base and so they pay the politicians to take care of the "red tape" and make the process easier by giving the green signal where required.
- The above are main two ways as to how to loot the country. One is through the Govt expenditure being misused and second is through paybacks or kickbacks.
- Now what they do with the funds which they loot?
- They can keep the funds in India in the form of land or property or gold or cash.
- In this case of noteban the cash component of black money has been just 6% as has been documented.
- Next way they can take the money abroad and it is simple. They will never get caught.
- In fact even foreign Govts and individuals and institutions will be helpful for the same as the capital is flowing into their economies.
- Now Modi and BJP won with a promise to bring back the money stashed abroad back to India. Modi even promised to deposit 15 lakhs in every bank account in the name of every Indian.
- Now after coming to power Modi and BJP became "drunk with power".
- After exhausting several anti-people policies being rejected at Parliament or facing failure like land bill, free basics, smart city and so on. Even BJP would have realized the GST would not be easy and will make it difficult for them loot the nation.
- So they though of an action to bypass the Parliament and make a lot of money.
- So much money that they will never have to come back in power anymore. They can loot for seven generations. They will loot India and the Indian people.
- Well said by someone who said in an Hindi song "My country's land produces gold and diamonds through fields of gold" and "in every branch there sits a golden bird and that country is mine"
- Now BJP would have realised that this money they loot will not be safe in India.
- So it would not be surprising that much of the looted money of India by the BJP will find its way to Swiss banks.
- Modi promised to bring back black money stashed abroad back to India.
- But after 2 and half years when he realized that the power was slipping though his fingers and his colleagues and masters (the one who paid to get him elected) wanted results (read looted wealth) he carried out the noteban.
- This is not new. If you read history you will realise that during Second World War, Japan was carrying out the counterfeiting of Indian currency notes. So the British imperial Govt. then introduced the new note series where the King George photo was staring straight. During that time itself many people would have got ruined i.e. the ones who had the original notes though it may not have been counterfeit. In my younger days I have even heard that notes which were soiled and spoiled were referred to as "Japani notes" means notes from Japan (as those could not be used).
- Thus after the UK Prime Minister Theresa May came to India, it was only a few days before Modi outlawed the old notes.
- The case was there in history. Modi needed a little nudge from his masters (UK US and Israel among others). He did not care for Indian people and India or corruption.
- As things stand this is the biggest scam in the history of Independent India.
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