“The US Secretary of Defense Chuck Hagel has arrived in New Delhi on a three-day visit a day after Union Cabinet approved a cap in foreign direct investment (FDI) from 26 per cent to 49 per cent. This was one of the promises made by Finance Minister Arun Jaitley in his maiden Budget speech.
Besides Jaitley, Hagel will meet Prime Minister Narendra Modi, External Affairs Minister Sushma Swaraj and National Security Advisor Ajit Doval.
Hagel is the third US Secretary after Secretary of State John Kerry and Secretary of Commerce Penny Pritzker to visit India in the last one month. The US seems to be making all-out effort to make the ‘environment conducive’ before Modi’s visit to the US on September 29-30.
Indian functionaries privy to the discussions say Modi is very firm about increasing domestic manufacturing of defence equipment. The US will have to think along this line and co-produce equipment.”
Hello, T.P.P.! Goodbye American sovereignty forever, in favor of the inalienable rights of global corporate personhood!
Pritzker was shoehorned into exactly the right spot to carry out the plans of the investment class.
So it begins.
Opening the floodgates of the rest of our jobs going overseas, while the gap between the 1% and the 99 grows ever wider.
I was suckered by Hopey.
It won’t happen again.
I “Hope” Hillary and Stephen Colbert are listening.
Picture from DonkeyHotey licensed under Creative Commons