25 July, 2024

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Who Or What Made Us Insolvent   

By Sarath de Alwis –

Sarath de Alwis

“Consequences of Sri Lanka’s Bad Borrowings” is the bizarrely provocative title of an opinion piece by Mr. Dinesh Weerakkody published in the Daily FT of 3d March. He is undoubtedly an opinion maker and influencer in the current administration. He is the chairman of the Port City Commission and heads the Board of Investment. During the ‘Yahapalanaya’ years 2015-2019 he authored an honestly adulatory opus – “Ranil Wickremesinghe – A Political biography”. He is undoubtedly a knight with a seat at the round table in the current cacophonic Camelot.   

Are we the victims of predatory lenders? Now, we all know that under the Yahapalanaya years Sri Lanka raised a massive USD 12 Billion in International Sovereign Bonds.

In addition, the then Ranil Wickremesinghe led administration collected a cool One Billion USD by hocking the Hambanthota Port.  

That deal prompted the New York Times to publish a brilliant investigative report over which former President Mahainda Rajapaksa threatened to sue the paper but did not. You can bet your bottom dollar. He wouldn’t. Truth is not defamatory.    

To date we have no explanation from the pundits of the ‘Yahapalanaya’ experiment how and why they resorted to such huge commercial borrowings in the short span of four years 2015-2019.

Instead, what is offered is an infuriatingly off hand dismissal that the money was needed to rollover the debts incurred during the Rajapaksa rule of 2007 – 2015 and to build up reserves. 

This explanation implies that it was an elegant, good governance ‘Ponzi’ strategy.  

The Rajapaksa Debt Trap was one of the principal issues raised by the UNP which claimed that Ranil Wickremesinghe’s fiscal prudence was the only way forward to regain Sri Lanka.  

This sudden discovery of predatory lenders is the point of departure of this brief essay. 

To my mind, blaming predatory lenders is an arty-crafty dodge. It is something like blaming Christopher Columbus for discovering the new world while also infecting good old Motherland of Spain with syphilis. 

Columbus did not preach good morals to his sailors. International Lenders are not in the business of teaching ethical niceties to borrowing nations. 

This attempt to scapegoat predatory lenders is further proof that we don’t have the visionary, authentic, collaborative leadership that is necessary to inspire the people to either support or at least to reluctantly live with the austerity policies we should and must adopt to crawl out of this abyss slowly and painfully. 

What we have now is a categorical continuance of the Rajapaksa’s state debauchery by other means. Now, we are in a Right Royal Foul Up. I hope the reader gets the drift. ‘Foul’ is print permissible while the most appropriate is unprintable.  

The regime is immunized against the mood and the will of the people. Soon after the drenching he got at Lipton Circus Anura Kumara Dissanayake challenged the President to demonstrate his ‘people appeal’ by summoning a minimal gathering of hundred people. 

I think it was an unreasonable, unkind remark. Surely from amongst the Golfers, Swimmers, Stockbrokers and Right Royal toadies who are under the delusion that President Ranil Wickremesinghe knows better than anyone else what is best for the country, he could summon not just a hundred but a few thousand.

Latest opinion poll indicates that 90% have given up hope while 10% cling on.   

But what is sad is that some very decent, polite people persuaded of Presidents Ranil’s economic wizardry have decided to dismiss the 90% of the population as obdurate good for nothings who should be kept in place by repressive measures.  

The true nature and purpose of the current regime is adequately demonstrated by the shocking, contemptible maneuvering of the ruling party to dislodge Dr. Harsha de Silva from chairing the Parliamentary Finance Committee.   

The people must be told the truth. They must be told the unvarnished truth. But it is good that it happened. For Dr. Harsha it has been a learning experience. Now Dr. Harsha de Silva knows that laws are fragile under autocratic governance. A point he clearly overlooked in some of his earlier parliamentary contributions where he attempted to walk the tight rope between civility and reality. 

Mr. Dinesh Weerakkody’s belated discovery that “Lending to Sri Lanka between 2007 and 2022 was often marked by an absence of due diligence, opaque conditions and aggressive lobbying with politicians and bureaucrats” is simply a pathetic case of missing the woods for the trees. 

But he also offers some tantalizing tidbits. He says that ISB holders “have signaled their willingness to come on board with haircuts and moratoriums. Most holders for the time being have acquired them in the secondary markets at deep discounts and have room for negotiating such concessions.” 

No doubt he is privy to information that we ordinary citizens are yet to learn of.  

The Daily FT 10th January published the shared wisdom of 182 academics and activists where they referred to this type of debt as “Odious Debt.” No body in this current dispensation bothered to comment. 

There are predatory lenders because there are sovereign countries where the economy is held captive by looters elected to power.

What happened during the period 2007 – 2022 is very simple. The Nation was subject to systematic looting by a rapacious self-appointed elite under the patronage of just one family. 

All this jargon filled macroeconomic brouhaha is neither here nor there. We are in default. What does the world think of us? 

We the people have no excuse for starry-eyed sycophantic boot licking in the Information Age. Knowledge is only a fingertip away. 

In this Information Age the first step to sanity amidst contrived chaos is filtering. We must filter the information and arrive at knowledge by ourselves. We must filter for substance. We must filter the substance for significance. Then you must filter again for reliability. This process allows us to protect ourselves from scoundrels in the pursuit of power. 

Go to your smart phone or PC and google three words: ‘Brothers’ ‘Looted’ and ‘Sri Lanka’. 

The internet will come up with the following. 

“How a band of brothers destroyed Sri Lanka” (India’s The Pioneer) 

How the Rajapaksas Destroyed Sri Lanka’s Economy (Foreign Policy.com) 

Inside the collapse of the Rajapaksa dynasty in Sri Lanka (Washington Post) 

How one powerful family wrecked a country (Washington Post )

A powerful dynasty Bankrupted Sri Lanka in just thirty months (Bloomburg.com)

Sri Lanka power couple piled up luxury homes, Art works….(icij.org) 

The story of the rise and fall of the Rajapaksa family (Indian Exprress.com )

The Rise and Fall of Sri Lanka’s powerful Rajapaksa dynasty (www.dw.com)   

Go down the page and click2. There’s more. But from years past. From 2005 – 2019. 

It is not about predatory lenders. It is all about looters.

If looters continue to hold the puppet strings, we must be reconciled to watch this macabre shadow puppetry until there is a parliamentary election.   

I am no great admirer of Ayan Rand- the high priestess of brazen monetarism. But this passage from her ‘Atlas Shrugged’ explains what took place in Sri Lanka during the period 2007- 2022.

“When a society establishes criminals-by-right and looters-by-law, men who use force to seize the wealth of disarmed victims, then money becomes its creators’ avenger. Such looters believe it safe to rob defenseless men, once they’ve passed a law to disarm them. But their loot becomes the magnet for other looters, who get it from them as they got it. Then the race goes, not to the ablest at production, but to those most ruthless at brutality. When force is the standard, the murderer wins over the pickpocket. And then that society vanishes, in a spread of ruins and slaughter.”

Why do people take to the streets? People take to the streets because they want their voices heard. 

Our Democracy will not just fade into the night. It will fight back. Our precious democracy has decided to rage against this vicious attempt to blow out its flame.   

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Latest comments

  • 28
    3

    Who Or What Made Us Insolvent?
    A nice inquiry, not that it is going to make us solvent.
    A nice question, not that it will lead to no further insolvency.
    A smart inquiry that will give opportunity for everyone to blame every other.
    An uneasy subject that makes each of us crying for a different reason.
    .
    In such a domestic situation, each would want to come out of it with the least damage.
    Nationally, everyone wants to take advantage of it. That is politics.
    .
    Who made us insolvent?
    We. We let the politicians swindle the treasury. It is not our money!
    We elected the the politicians to seats of power, for our own individual reasons.
    What made us insolvent?
    Again, the answer lies in who we are and in who wanted to be.
    .
    So, before reading the article, let me answer these questions myself.
    * Sri Lanka was not fit for self Governance when we gained independence.
    * Sri Lanka was not fit for Democracy when it was introduced.
    * Sri Lanka was not conducive for a Unitary State.
    (You can draw your own conclusions because any from me would make me exceed the word limit!)
    .
    Personally, I suffered more than most people because I happen to be a Tamil.

    • 15
      3

      Now, that I have read the article,
      I did find that my questions and answers are near identical to the thinking of Sarath de Alwis .
      I must be real genius!

      • 3
        22

        Sarath: in order to set up military bases in strategic Sri Lanka it has been turned into a US Dollar Debt Colony. This is being done with Exogenous Economic Shocks like the CIA’s IS claimed Easter Sunday Terror attacks in 2019 on tourist hotels and the 2 years of unnecessary Covid-19 lockdowns based on Fake DATA and fear psychsis narratives.
        Today the public transport and Railway system is being targetted and destoryed by the Economic Hit Man Ranil Rajapakse for destruction and privatization .. just like the MCC Millennium Challenge Corporation project envisaged that was rejected envisaged. This is to ensure SOFA become a reality for the US led NATO-QUAD-AUKUS war machine to use Sri Lanka as an Unsinkable AIrcraft carrier and the Trincomallee -BIA train for US military inter-operability in Sri Lanka to transport between the BIA and Trinco Harbour. The US war machine is planning a big operation in Sri Lanka and this is why the Norwegians, their partners in Crime in the hacking of the Nord Stream pipelines have pulled out their embassy from SL!

        • 5
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          BTW. Universally despised in Sri Lanka, Ranil Rajapakse is President on by virtue of the biggest Rogue State in the world that has countless crimes against humanity under its belt, including the financial crime of killing of Dinesh Shafter as part of a CIA’s and SO Contract Operation in Sri Lanka which is being raped by Washington.

          Ranil Rajapakse like US citizen Basil Rajapakse who staged the default with his ex-US citizen Brother Gota are all US puppets.. RW is backed by the “Force” according to none other than Donald Lu, so please do not delude yourself that it is only the corrupt local politicians and their business cronies who are to blame.. The Local is Global in this world awash in Cyber crimes, with rigged Debt Data, just like the Covid 19 Data was rigged to create fear and inject folks with deadly mRNA shots with militarized lockdowns! There are larger forces at play with CIA chiefs visiting Lanka as Cold War on China hots up the Indian Ocean! Wake up Sarath!

          • 6
            5

            “That deal prompted the New York Times to publish a brilliant investigative report over which former President Mahainda Rajapaksa threatened to sue the paper but did not.”
            Brilliance depends on the eye of the viewer I suppose. The false allegations in the NYT and elsewhere have been rebutted by several factual studies, including Umesh Moramudali (https://thediplomat.com/2020/01/the-hambantota-port-deal-myths-and-realities/).
            How truthful the NYT is once again clear from its deafening silence (as well as that of other mainstream media) on the extensive report by Seymour Hersh accusing the US as the culprit.

      • 3
        4

        N
        “I must be real genius!”
        You are being sarcastic I guess.

    • 3
      0

      Nathan
      “We. We let the politicians swindle the treasury. It is not our money!
      We elected the the politicians to seats of power, for our own individual reasons.”
      Yes, exactly . So, inasmuch as the crooked politicians should be punished, those who call for their punishment ( who are also the ones who voted for them) should be punished. Looks like there aren’t many volunteers.

      • 1
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        old codger,
        Seriously, we are to be blamed. Aren’t we being punished!

        • 1
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          Nathan,
          As the song goes, “We are Sri Lanka “. Many fingers pointed, but none inwards.

          • 2
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            Dear old codger,
            Rightfully, you have stolen my name. Yes, I have lived longer.
            My time is racing towards the end; not many months away.
            If I don’t speak now, I may never.
            * Politicians are born; never made.
            * The Sinhalese people have had many born politicians.
            * The Tamils not that blessed. Just a handful.
            * No Statesman could withstand the heat of born politicians.
            * That created rebels. One among you; one among us.
            * Both fell on the wayside.
            Correction. Both were felled.
            * The Sinhalese looked smart; The Tamils could only smart!
            * I’ll die an unhappy man. Hope you end up better.

  • 14
    7

    PART ONE
    .
    Sarath, you are a treasure!
    You diagnose and expose with a finesse which few can master.

    To quote you, “Latest opinion poll indicates that 90% have given up hope while 10% cling on.”
    .
    You have said that after indicating where the 10% come from: “Golfers, Swimmers, Stockbrokers and Right Royal toadies”. But, of course, not all who long for some hedonistic joy should be savaged:
    .
    https://www.youtube.com/watch?v=aVxspseYV50
    .
    That, for a change from the links that I’ve been giving you, is not a (53 minute) speech from AKD. This is from Vijitha Herath. He had been a student in “my village school”, Bandarawela M.V. – as some bright sparks refer to it. I’ve had two spells in that schools (once before “campus”, once after). Some Past Pupils have discovered the effectiveness of understatement. I did not, in either spell teach words like “litotes”, although I did get one girl in quite straitened circumstances through A. Level English in 1997.
    .
    I have now had a few short chats with the Gampaha MP on the phone, but I haven’t met the adult, and can’t remember him in Grade 8, when I left for Peradeniya in November 1982.

    • 6
      1

      With my basic knowledge in Economics and SB Psyche, could have predicted our “Great financial meltdown”by year 2005. Many countries helped helped Lanka in silencing LTTE but only China decided to loan for project ” Rajapaksas family kleptocracy.”.

      • 2
        3

        India was ready and willing to invest in coal power in Sampur shortly after the war, and the government yielded. But an all community mass protest in Trincomalee put an end to it.
        So there was no dearth of willing helpers.
        Will we like to talk about how the notorious racketeer Adani is harvesting project after project, or for that matter about the huge shady deal with a US energy company even without cabinet approval. (These were under a Rajapaklsa presidency.)
        There is more fun to come from these quarters.

  • 19
    1

    “Who Or What Made Us Insolvent “

    Do we even have to ask?

    • 17
      1

      Nimal, article after article, same theme but to no avail. It took 75 years for our people to realize ” they are screwed”.

      • 9
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        OMG, rumor is Harsha is replaced by Ruwan, in Parliamentary Finance Committee. (where is Amrit ????) , why not Mara or Basil , Weera or even Cabral ??? After all these some have the audacity to blame IMF for giving loans.

        • 14
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          Weera’s discovery “lending between 2007 to 2022 is opaque” no kidding, 15 YEARS of borrowed money used to indulge family / political kleptocracy. Who was the lender , IMF , India ???? People who did not raise a single question, rush to blame IMF for telling no more spending. Think about those foreign jaunts, Italian meal, water sports, fast cars, drag racing, splashing on girl friends / mistresses ——

          • 7
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            Sarath, I did Google check but couldn’t find China Daily, Xinhua (authorized in 2007 to censor and edit foreign news agencies) , People’s daily, Beijing Daily, Liberation Daily, Guangming Daily . . . . . .

            • 3
              3

              Try Google searching for “Who blasted the Nordstream pipes?”
              The stunning silence of US media followed by a fairy tale accusing “Ukrainian extremists” will be most revealing.
              *
              I say, you have contacts in high places in China it seems. Who authorized any Chinese news agency to to censor and edit foreign news agencies.
              I have seen citations of reports from foreign news agencies in Global Times– but no sign of editing.
              Where do media have authority to censor? Does it happen in the place where you live?
              *
              Do not get agitated, it could hinder brain function.

              • 4
                0

                I’m not a hypocrite, hence I do not condone any political / religious / racial violence. Though the highest courts have cleared his name, Modi is criticized for his role as CM in Gujarat violence against Muslims. Few intellectuals ( unlike Lankans) are still openly critical of Modi, risking govt high handedness. BBC (independent Western media , not fake Global Times) has recently released a investigative documentary critical of Modi. U.S, not China, on it’s part denied visa for Modi. Hypocrites find ways to use information for their BS propaganda.

                • 0
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                  “I’m not a hypocrite”
                  That is only a claim.

                  • 0
                    0

                    I know that you are struggling to protect the big bully.
                    So it is some Ukrainian thugs who blasted the pipes in very deep water– so say NYT and other respected US media!
                    Be brave to share a hearty laugh if you claim not to be a hypocrite.

          • 8
            0

            Our own CB admits, despite many attempts ????? in the last two years, substantial amounts of $ and other foreign currency stashed, now finding their way into market, because of last week LKR appreciation. Just like food scams, stash in large amounts, make quick profits and then release it. Insider trading ???

            • 9
              1

              chiv,

              What Ranil is doing now ……. it’s a journey where we have reached the end even before the journey begins.

              It’s bliss to be ignorant “in hope” …… it’s a curse to know beforehand, how all this is going to end.


              Our total debt is close to 87 billion ….. and the interest-payments missed will be added-on and interest charged on that: a classic debt-trap. Not much different to this ……. https://www.youtube.com/watch?v=2mHsTKvAuZc

              If “negotiations” are fruitful, IMF will lend us a paltry 2.9 billion – in tranches – and dictate/control our economy (and governance to some extent.) And facilitate/ease our access to more borrowing (perhaps at slightly better rates.)

              How are we going to pay off 87 – 90 billion, if our debt-servicing consumed in excess of 90% of our income ……. even before the crisis/bankruptcy?

              IMF (or anyone else) is not going to lend us 87 billion …… we have to borrow more and more to pay off our earlier debts: a classic debt-trap. Ranil is 74 years old, he’ll just kick the can down the road, have his fun and vanish ….. for the next generation to pay-off his borrowings.

              • 9
                1

                This might’ve got truncated

                For most Lankans it’s a battle fought on political-personalities …… Mahinda is your man; I hate what he did: Ranil is my man; I just love when he does exactly what Mahinda did ……. And the reality falls by the wayside.

                And I’m sitting here shaking my head ……. about the calibre of people here who fall into this trap ……. if people here can’t look past their emotions and take a realistic peek at reality …… what chance has the calibre of 6.9 million?

                • 5
                  0

                  Nimal, I don’t think Ranil or for that matter any of our current politicians can save Lanka. In fact many of those geriatric ones, are directly or indirectly responsible, causing this mess. There is no one single leader in Lankan political history who was financially prudent and diligent enough in managing Nation’s economy. If at all, Lanka survived this long, because of few experienced, matured people in CB ,which was allowed to function independently to certain extent.(that changed with Rajapaksas). Years ago I made a comment saying ” Lanka is dysfunctional and may go bankrupt in future, many in CT were sceptic and disagreed then. Rajapaksas brought the end by taking away the independence of all regulating bodies (CB, Judiciary, AG, Law and Order, you name it) so that they could loot and rape the nation.

                  • 4
                    1

                    Nimal, just to reiterate, “I fully agree with your comment”. Our problems started even before our INdependence. For starters 1) 75 years of “family dynasty / kleptocracy, enabled by own people. 2) Electing a known murderer as President, a corrupt conman as PM/President, electing racists, criminals, looters, drug peddlers, as leaders 3) Voters being enablers of a dysfunctional system 4) Immoral culture, people, political system 5) denying citizenship of estate workers who are backbone of our economy 6) Nationalizing profit making enterprises to strip and sell assets 7) Getting rid of meritocracy and with that talented, knowledge, extraordinary people 8) systematic, organized, planned discrimination and cleansing of minority 9) getting rid of independent regulating bodies 10) SB prefers, starvation to sharing power 11) Hellbent Maha Sangha , controlling governments and determined to not allow any reconciliation, progress or future 12) Years of racial violence, pogroms, insurrections, calamity , Tsunami, war and now bankruptcy, to no avail 13) It’s not just economy, that is bankrupt.

                    • 4
                      2

                      “Electing a known murderer as President”. Interesting!
                      But India beat us to it by electing a mass murderer not once but twice as Prime Minister.
                      Even the US refused him a visa on that charge, but yielded after he was PM.
                      *
                      “Our problems started even before our INdependence.”
                      That claim somehow remains unsupported in the text.

                  • 6
                    0

                    chiv ,

                    ” I don’t think Ranil or for that matter any of our current
                    politicians can save Srilanka ” . Spot on ! Yesterday was
                    there , we lost or gained , we had a lesson if we are wise .
                    And tomorrow , still to come and nobody knows what’s
                    in store ! But yet , truth seeking people gather clues from
                    many yesterdays to form a better tomorrow as much as
                    possible . Not everyone can do this or wants to try this !
                    Let us just go back to JRJ 1978 era for an example . The
                    finance minister was Ronnie de Mel . He introduced Job
                    Bank for the youth to find employment from . How long
                    did it last ? Why failed ? It didn’t last because of mainly
                    two reasons . One , no resource , two , our politicians are
                    the Job Bank ! And look at the man of his calibre to carry
                    out that kind of a project without an iota of knowledge
                    about our own politics to which he was part and parcel !
                    What was he trying to do ? Nothing but just copying what
                    is Job Centre Plus in the UK and Agence Nationale Pour
                    l’emploi in France ! The system needs vast amount of
                    resources and dedicated politics both of which we are not
                    even one percent near ! So , yes , we can not see anyone
                    born to correct the situation in the foreseeable future .
                    The talk of the Town ” System Change ” just another
                    nonsense !

    • 9
      1

      nimal fernando

      “Do we even have to ask?”

      Yes.
      People wants to confirm if it was you.
      I categorically deny it was you.
      However when Anakgarika concocted a new race namely the Aryan Sinhala/Buddhists and a new religion Sinhala/Buddhism people wants to know what were you doing. People also wants to know when SJ’s old flame made Sinhala/Buddism (Sri Lankan brand of Buddhism) being almost like state religion (to help crooks to hide) in 1972 where were you.

      Therefore many people with sanity intact believe you should be held responsible for all the mess that made this island insolvent, for doing nothing to prevent it in your life time, including admiring Thiruvengadam Velupillai Prabaharan.

      Sorry I did not get up on the wrong side of the bed.

      • 7
        2

        However, the so-called homeless person [ Ana( without)gar ( home)] was born a Christian and ironically belonged to one of these recently Chingkalized immigrant South Indian Thamizh origin castes, either Salagama or Durawe, whose ancestors were imported into the island to do menial service task or to work as indentured slave labour in the southern spice estates. EG: Cinamon bark peeling. Aryan Sinhalese Buddhist indeed!

        • 3
          2

          What caste-ridden venom!

      • 8
        1

        Native,

        Only now I had the opportunity to read Sarath’s article …… it’s brilliant!

        “including admiring Thiruvengadam Velupillai Prabaharan.”

        Native, your head is so much up Ranil’s ……. who has done so much harm to Lanka: even more than the Rajapakses ……. Ranil’s ass-inine blinkers on your eyes and the smell blocking your nostrils ……. will never make you realize ……. that Thiruvengadam Velupillai Prabaharan was not just the greatest patriot Lanka ever had but a saint and a saviour ……. who unbeknownst to him was not trying to save just the Tamils but the Sinhalese too!

        I admire you for defending the victimised and ranting against racists ……. but your own “Sinhalese-ness” …… has trapped you into thinking only as a Sinhalese. This you may not realize: your remarkable intelligence stops at a point.

        OC is understandable: he is blinded by love ……. and no one should come between a man and his loves! …. Stars flash in his eyes and love-hearts circle his head when he sees Ranil and you know who else!! ….. R&R (in comics R&R used to stand for Richie the Rich …… but not for OC!) :))))

  • 19
    23

    This butterfly Weerakody must be having Chairman DNA in him or things happen very differently in this small country.

    He had been Chairman of EPF ,several Banks ,now both BOI and Port City. His buddy, Vajira Abeywardena is slowly developing his Chairman DNA starting by being Chairman UNP- finally a respectable man in a respectable political party, led by a respectable man called Ranil ! ! When we were young boys our elders warned us not to associate with older boys with girlish conduct !

    What does Weerakody think of one of Ranil]s less analysed botches when his last time as PM Ranil stopped work at the Port City. Ranil later had to fly to China and apologize to the Chinese and also we had to pay a big fine !

    He later said he needed an environment report for the project. What happened ?what did the report say ? Today many places in the island are going under water ! Who is he fooling ?

    • 26
      9

      Prof. Deepti Silva,
      .
      What matters is not whether he is a butterfly or not, but his actions. I dont know about particular Weerakody, but many of your comments mislead the readership.

      So please grow up, if not today then when ?

      You guys also attacked late Mangala but everything he revealed and prophesied was only true. Those who attacked him are mute to this day.

      Get well soon !

      • 9
        20

        Leela you think I, a doctor is sick ! You are in perfect mind and body I hope !

        Do you see that Matara thug as a prophet ? In that case I must withdraw , no point when you see a fashion designer as a deep person ! What are his prophesies ?

        You dont think having so many butterflies running the country is an issue You have lost all sense of balance , would you like your son working for this government at RW level-every night you will have to show his extremities to a doctor !

        Do you know of any other country so dominated by butterflies ?

        • 13
          7

          deepthi desperate silva

          “You dont think having so many butterflies running the country is an issue “

          It shouldn’t be an issue.
          When SJ’s fine leader Bandara Nayakam ruined this island it was not an issue. Why should it be an issue now?

          As long as they don’t take you from the back (that is of course if you are a male) then thats fine.
          I guess you are a female, you should be happy since they would not pressure you for sexual favours.

          If heterosexual male and female are freely allowed to destroy this island why not the homosexuals. Don’t you believe in equal opportunity?

          Okay now you have targeted a member of a minority and who is your next target, Tamils or Muslims or the Natives, …? Any chance you are a secret admirer of Hindutva?

          • 12
            6

            I am surprised that a learned man (a Doctor?) is prejudiced by a person’s sexuality. Seems SL is still not in the 21st century when it comes to accepting LGBTQ as people too, & not ‘sick’ or a mistake in god’s creation. Obviously homosexuality taboo in SL if children are still warned”not to associate older boys with girlish conduct”.

            We accept podophile monks & thugs in robes who break the 5 precepts as leaders & advisors to the state but have little faith in ‘butterflies’. I am not relating to RW, Managala or anybody gay but a person should be judged by integrity, not by sexual orientations.

            • 6
              5

              “Obviously homosexuality taboo in SL “
              Intolerance towards homosexuality was never as horrible as it was in the UK.
              Christian and Muslim intolerance is well known. Buddhism does not denounce it as ‘sin’ of any king. I cannot remember anyone in my ‘Hindu’ family circles being humiliated for being ‘gay’.
              Intolerance of any person and legislation against homosexuality are inherited from the colonial era.
              People have certain views about marriage, call it traditionalist, so many find gay marriages unacceptable, but homosexuality itself has mainly been ignored than punished.
              Anybody’s sexuality will matter to one if it helps to drown his/her voice when what is said is to one’s dislike.
              We may be bad in other ways, but in this matter we had never been as intolerant as the West once was.
              *
              (Hindutva patriots may not like to hear that homosexuality has been kindly accommodated in Hindu mythology.)

            • 4
              1

              This idea that gay men and feminine and lesbian women are butches is a myth. Yes, a small minority of gay/bisexual men display feminine traits or are overtly feminine ( sometimes deliberately), these people are generally called Queens and it is the same that only a very small minority of lesbian women display so-called masculine butch qualities. Unless they reveal themselves, the vast overwhelming majority of gays, lesbians and bisexuals, can pass off as straight people and there are many straight men who display feminine qualities and women butch aggressive qualities.

              • 2
                1

                Further due to social pressure the vast majority of older gays and bisexual people were forced to marry and adhere to norms. Society did not care if they lived a miserable life for no fault of their own, as nature had made them this way. It is only that people are slowly beginning to realise that LGBT people are everywhere, within their own family and friends, many times not revealing their true identity and someone dear to them are LGBT, whether they are aware of it or not and many important historical figures, some very masculine warriors and rulers were gay/bisexual/ Being bisexual or pansexual is far more widespread and common than strictly gay people. This is also another fact, they make up the vast majority of the LGBT spectrum. As some have already stated you should judge a person, not based on their race, religion, caste, class, ethnic background or sexual orientation but just on their own personal qualities and traits and stop demonising them.

              • 5
                0

                “women butch aggressive qualities.”
                What is wrong with aggressiveness or assertiveness in a woman?
                Goddesses Kali and Durga are highly regarded by men despite these qualities. The only Tamil goddess Kotravai is not short on those traits.
                *
                Women need militant qualities to survive in a male chauvinist world.

          • 9
            7

            Native,
            It seems our Deepthi, who just last month was female with humungous hangers, has changed sex. “When we were young boys our elders warned us not to associate with older boys with girlish conduct !”
            So Deepthi is a “butterfly ” too.

          • 6
            3

            Raj,
            .
            Deepti should be unique to his or her small world (we really dont know Deepthi is male of female). Should their own children be killed if they found to be LGBTQ? After we guide children properly, it is up to them to find their own sexual orientation. OTHERWISE; they would be unhappy in their entire life. is that what the parents expect ? I know some biology teachers (Jananayaka) in srilanken

            youtube channels, that promote it to be a psychological problem. They make every effort to mislead the students saying that is a pschological problem. Researchers have found that even monkeys and penguines are found to be gay. MEANING it is unfair to attack them being gay or lebsbian.
            :
            And Deepti’s question @ Why can’t a doctor be sick? Is he coming from medieval times ?
            That is how he is ingrained to interpret things. Alas, idiots like Deepthi or the like Sri Lankans can turn society upside down.

        • 11
          6

          Prof. Deepthi De Silva (may well be another fake similar to Jayasumana dog)What low-level comments about other people’s sexuality?I have no doubt, even if you live in the UK, like most of our South Asians live in London you too run a ghetto life. I have gay and lesbian colleagues (PhDers, Profs and medical docs). So long they do their job well, none of us would discriminate them. I dont have anything against to them. That is up to their private life.
          Anyways, our primitive people, like you, behave so disgusting not knowing what to comment on the topic being discussed. Koheda yanne malle pol -answers really.
          That’s why thoughts like this can come out of the garbage pile at once, and the whole nation is standing still, not knowing what to do.
          It is also important to know how to feed the hungry people with the looted money. Nobody should be blamed for the current state of chaos except the Rajapaksas. People should be able to open their eyes at least today.

          • 7
            15

            Leela I wont waste time on small time logicians ( CT comments specialist) like OC.

            Don’t think I am not aware of all these gay right issues etc.They are entitled to equal treatment. In fact I am indifferent to the whole thing as it doesn’t bother me. However I wonder why nature has done this strange twist when otherwise the whole god given purpose seems to be to perpetuate your own kind ( species) -procreation. Homos go against this basic tendency.

            My bigger concern is exactly what you say.A group of people differently inclined , dong their thing secretly, not daring to hold hands in public, hiding their true sexuality from everyone( parents, wife, husband, children etc), hating society for its bias, secretly bonding with their own kind, inclined to be peevish and fussy, trying to make up for their plight by pretending to be extra intelligent -are these the type of people who should be leaders of nations ? in the case of present SL government , it is like a conference of Gays !

            • 6
              5

              Self proclaimed Doctor,

              We prove u are sick.
              .
              Ur mental issue is homophobia.
              .
              Exposed✌🤔

              • 5
                2

                leelagemalli

                I didn’t know there are so many gays in SL Parliament as Deepthi states. In fact, his suggestion that ”group of people differently inclined , dong their thing secretly,..etc, etc…………, hating society for its bias, secretly bonding with their own kind, inclined to be peevish and fussy, trying to make up for their plight by pretending to be extra intelligent” is obviously his own biased interpretation, which even the most ‘religious’, who have no tolerance towards LGBTQ, would utter in public in a democratic country. Maybe its Histrionic personality disorder (HPD), like SJ, who would comment totally irrelevant to the subject but in his case, maybe a case of sour grapes as well, judging by his anti-UK/Western stand. Therefore, I have decided not respond to SJ’s comments but let the readers decide. Its a waste of time, not a constructive exchange of opinions, responding to such people.

                • 4
                  2

                  R-UK
                  Your sweet personal observations are noted with humor.
                  I can assure that one often talks of himself/herself when making utterances on the personality of another.
                  *
                  Thank you for the kind permission to readers to decide.
                  You seem a true liberal I should say in ‘simple English’.

                • 4
                  0

                  Raj-UK, “may be a case of sour grapes”, no kidding. Looks like, you made a wise decision not to respond. I too may take up on your advise, but respond when have to, so that “avoidance is not mistaken for weakness”. People who are into bullying cannot be stopped by avoiding, but confronting.

                  • 1
                    2

                    Pathetic, is an understatement to describe this tail.

          • 5
            10

            I say Leela you say you work with PhDs in Europe !

            What is your area of expertise ?

            What language do you work in ?

            • 7
              0

              Most of them are vascular surgeons , cardiothoracic specialists, Human biologists, Geneticists
              Radiologists, life scientists, physicians
              .
              Languages: German Dutch, Swiss German, Technical English,French
              ..
              Our clients in UK:
              Bart Hospital
              St Thomas London and few more in Edinburgh
              .
              Greetings from Hamburg!

              • 7
                3

                LM,
                “Leela you think I, a doctor is sick !”
                You know six languages, but Deepthi can’t write even proper English…….

                • 6
                  3

                  May be s/he obtained degrees in SL.
                  I know some doctors and PhDs in Srilanka who returned home after their PG. However when they came back they used to say something completely different as the main reason. One of them is Dr Nalin DSilva (PhD maths. He later became one of the most toxic racists of all time. He is a sinhala traitor to us.aiyooooo

              • 5
                8

                leela is this the British hospital which shipped those contaminated hospital beds to us through Parliamentarian Dammika Perera ? Hope you also got your commission !

                This guy OC is so fussy about English ! Wonder other than CT comments what else he does .Where ever he goes must be paralysing the systems !

                • 4
                  3

                  Prof. Deepthi Silva@
                  With all due respect to you as a learned person, I don’t want to go off topic
                  -.
                  It takes years of experience to reset your primitive thinking.All I can say is good luck !
                  I dont have any contact with any kind of BUSINESS men in SL.
                  .
                  FYI, even a junior doctor in Germany wouldn’t raise the question, but you did – what’s wrong with our srilankens ?

                  Please get back to the current ARTICLE if you really want to add something. And, CT would not allow you to continue with incoherent comments. Besides, I am not “Sinhala Man” to continue with gossips about Dhammika Perera or anyone.

        • 5
          2

          Deepthi
          What makes you think that a doctor cannot be sick?
          Search and thou shalt find evidence to the contrary on these pages.

          • 2
            0

            SJ, OC all other sensitive readers,
            .
            If doctors graduate from Sri Lankan universities, they behave more presumptuous than other professionals.
            This is my observation about srilanken medical professionals for the recent years.There was a huge shortage of doctors iin medieval times, so they were regarded as gods However things have changed today, countries like ours, They still behave that they are unique to their carrier. I really don’t know why such a situation exists even today.
            This is again more common and unique to the South Asian region.
            Shortly before Gota’s election, some doctors in Colombo challegned me, “Don’t you know that we are the smartest professionals in this country, and we are recommending people to vote for Gota.” Most of them today, start biting their nails, being unable to face me.I really thought Gota was going to be another Duterte (philiphine murderous leader), surprisingly he ended up like a king of cowards.”

            • 2
              0

              cont
              Further to this, I have close information of world expert medical professors who constantly complain about their lack of time and their quality of life. It is good that doctors and nurses have the proper knowledge to help people. However, if it becomes a prominent weapon in society for them, it is a psychological problem. Then, these individuals (e.g Deepthi Silva), t should be subjected to due treatment methods (psychologists and psychologists).

              . Yesterday, after my regular meetings with my team members, I went to grab something for my late lunch at a public cafeteria (of a clinic in nothern Germany). There was an elderly (70 or so) female patient sitting next to our table looked as she choked and had something stuck in her esophagus. Doctors and nurses(that came to have their lunch) immediately responded by placing the patient on the floor and resuscitating her on the spot. They acted as soon as possible saving the life of the patient..That is unique to them. They are not waiting to help the patient. That is unique to them.
              That’s how it works in some European environments, however, I don’t think it’s the same in Sri Lanka. As far as I know, the treatment of patients in Germany, France, Switzerland and Italy is much more caring than in the UK. I know a few hospitals in the UK and I know how it works there.
              Also, I have seen many times how doctors work in Sri Lankan hospitals. So I have a sound comparison. Hope this info would be useful to you readers.

      • 9
        2

        My Dear LM: You refer to “Mangala” – the “Prophet” whose revelation was “True”.

        Did you ever hear of one “THARAWATTE AJITH”? This happened when “Mangala” introduced a man by the name “Tharawatte Ajith” whose face was covered with a black cloth and brought to identify the people who have been arrested by the CID for involvement in terrorist attacks. It was later revealed that “Tharawatte Ajith” was a “Thug” and a “Gang Leader” of a criminal gang operating in the Borella slum area called “Tharawatte”. This has been well recorded in the parliamentary debates and later revealed in the inquiries that followed. That was “Mangala” in his early days as a “Prophet”, you chose to name.

        • 5
          2

          Simon
          Any person, even one with a criminal record, can be used to identify offenders. The credibility of the person is considered in taking action on the ‘identification’.
          Covering the face or even the whole head is standard police practice, and designed to protect the witness.
          If Mangala had got someone wrongly identified or punished wrongly out of malice that is another matter.
          It will help sane discussion if we avoid character assassination.

    • 16
      4

      deepthi Desperate silva

      “Today many places in the island are going under water !”

      Are men and women of this island becoming fat, heavy and obese?
      Is Ranil responsible for sinking Sri Lanka?

      • 5
        3

        “Is Ranil responsible for sinking Sri Lanka?”
        Glimpses of some secret thoughts it seems.

  • 4
    0

    Werakkody is a HR person, and the son in law of former UNP ‘strong man’ John Amaratunga.

    • 3
      0

      Long John Anaratunga of double dose Viagra fame?
      .
      I didn’t know he had passed on.
      .
      Where would he now be? He was a very religious man, wasn’t he?
      .
      Cabinet Minister in charge of some religion?

  • 4
    2

    The history damages groups work for greater power consolidation through favoritism, IMF welcome commitments to transparency only way the IMF now support the recovery this shows the hidden agenda of the concerns that delayed the fund no lessens is leaned even after bankruptcy. That why we need president from the people Next IMF will insists people power president

  • 9
    0

    Bankruptcy of a country does not happen in a short period of time. It is the dire consequences of prolonged mismanagement by elected leaders. It is the result of multiple wrongdoings. You know who bankrupted this country.

    There should be a healthy balance between government exports and imports. Luxury items that eruopean markets have are imported to srilanka for no good reasons, but totally neglecting local products for the last 15 years pleasing those tiny (2% of population) portions in the island. The swiss would not prefer imported product to their own, because they intend to give their products a high value. In that rich country, imported food items are a way cheaper than their own products.
    :
    Not only that, there should be balance in any field of a country. More than any other writer, the present writer explains how lies continue to be propagated in Sri Lankan society, how the truth is concealed or distorted and who is to blame. Way for the oppressed. Even deeper. Today, the main source of news for the common man is through television and broadcasts rather than reading print media. What they hear and see on the screen becomes their news about anything.

    The alarming levels of decline in mainstream media is the main cause of ignorance in society today.

    • 8
      2

      My Dear LM: You asked: “Who bankrupted this country”?

      In reading through all of your comments in this forum, it is reasonable to put that entire blame on “JVP”.

      Isn’t that so?

      • 4
        2

        I have never said that. .please check yourself again.
        .
        I only said without learning to make compromises, JVP s efforts are useless because whole lot of people represent their own ideals. Most of them are still pro corruption than the opposite. U go to Kadamandiya and study them again. Then we can meet up in Unawatuna in May 23, and discuss it further. But please dont let SM know our meeting for my own safety..
        Have a great day from snowy Hamburg for today😐😎

  • 3
    1

    INSOLVENCY?

    Champagne tastes with Toddy Incomes……….

  • 7
    0

    My Dear LM: Let me get serious on this “Insolvency” and connected professional arguments and give you some ideas to contemplate. Please listen to the following link.

    https://www.youtube.com/watch?v=BLJ77HF7cFM

    This was a speech given by an ex Government Auditor General, Wijesinghe. It runs only 10 minutes but is very revealing and needs no other explanation to know how we go into this MESS.

    • 4
      3

      Simon
      We were heading towards this situation for a few decades. But we rarely talk about it.
      We call something that precipitated the crisis the source.
      Besides economic blunders, over reaction to COVID-19 in 2020-21 hurt the economy severely.
      Few like to talk about such things.

    • 5
      0

      Thank you. SimonMahathmaya, when I was driving today from Münster to Hamburg, I was caught by different weather conditions (snow, sun, rain all at once). Throughout my drive, I was forced to think about the suffering of people in Sri Lanka these days. I am very sorry for the people. However, what made me happy is that the tourism industry is now getting better, as many have reported.
      And I asked myself why our people still worship those criminals of Beliathe. Why not put them in a camp and save money for the benefit of the suffering people.

      Btw, I have already listened to former Auditor general and Dr. Wijewardene several times. Dr. Vijay talks around the bush. All these people could have done lot they really wanted to. It is easy engage bashing after their times are gone. What had they been doing in their capacities to avoid the nation being caught ramphant corruption ?

      My question was what did they do against those anomalies during his administration?
      . Why all these people worked for linking agencies for a long time but could not accept anything? As I have heard, it is said that the former Auditor General Mr. Wijesinghe worked for a long time in the public sector for 30 years.

      • 3
        7

        “leelagemalli”,
        .
        You are almost the only person who is still talking about taming the Rajapaksas. That task has been accomplished; not by you, but by us who have stayed on in Lanka.
        .
        Was that because we had no choice?
        .
        That is a totally irrelevant question. It never entered into the equation. You were asking me to go begging to my “rich relatives” in Australia, the US, the UK, finally even in Malaysia.
        .
        Like most people, I have no aversion to broaden my mind even further by “sightseeing” but my commitment is to the people here. You keep dwelling on their faults; I don’t. I’m too busy. You imagine that I’ve retired and am idling. I have never worked harder – educating people. I earn no money from it. Putting money into pockets is all that Janet Yellen and you understand. I tell you again, since you have no commitment to us, please stop pontificating from Europe.
        .
        Panini Edirisinhe of Bandarawela (NIC 483111444V)

        • 3
          6

          This seems to me to be the new Sri Lankan. She’s a teacher, by profession.
          .
          I have never met her. On May Day, 2022, I saw her at a distance in Matara, but I have seen her on YouTube, speaking (15 minutes here) in fluent Sinhalese.
          .
          https://www.youtube.com/watch?v=4oZTuvlNeg4
          .
          She’s a Tamil, and she speaks sometimes in Tamil that seems to be even more fluent. How can I know? I don’t know the language.
          .
          Here, towards the end of my life, I’m not obsessed as you are – and what a joke that is – with proving that I’m the greatest.
          .
          Many visiting this website don’t understand Sinhalese because your languages are English and Tamil. Please identify messages in Tamil from Saroja Paul Raj, (and various others!) and submit them for others to listen to – not me! I don’t understand Tamil; one of your pet claims is that I don’t understand Sinhalese! What a joke! My choosing not to write in Sinhalese is woming to realising

          • 3
            6

            Oh dear,
            .
            I wanted to correct that last sentence to “My choosing not to write in Sinhalese is owing to realising that I have a different lot of “pupils” – those who read these comments, and share these insights with others.
            .
            Although this is addressed to you, I’ve stopped bothering with you, stubborn, foolish, cowardly brown German who knows little of worthwhile European culture, and given to running down the people who gave you a start to life.
            .
            It should be clear to you that we won’t ever try to destabilising your life in Dusseldorf. Please stop pretending that you care for anybody here. Remain in Germany, performing menial tasks for your masters – who probably are decent and kindly people, with whom you don’t comminicate in any meanigful way.

            • 5
              0

              What else can u snake man do other than shooting the messenger? .
              .
              Give us a break SM..
              .
              Thank u🤔🤔🤔🤔
              .

            • 5
              0

              Dear Sinhala Man/snake man/NIC hunter/Gambada iskolemahaththaya ?

              thanks nevertheless for your hateful remarks.

              I am not angry with you. More I read from you, my admiration towards “Old coder, Native Vedda, Manel F and Human touch” grow exponentially – You know why ? because they always talk sense.I respect Manel F from the day I read from her. She is exceptional senior citizen.
              Unfortunately, Your lose of sense of proportion is becoming clear by day.
              .
              I feel sorry to see, how deep you are fallen in. Now with IMF bail-out becoming a reality your AKD led groups would have to bit their nails upcoming days more than they have been up to so far. I dont think RW would hang on mlechcha politics in srilanka forever. He will leave once the breath-in process is settled for the country. I know his wife Prof. M at University of K. She is gem of a person.

              Who do you think you are? To order me whether or not to stay in Germany or elsewhere?

              I am really sorry for your hate. At least your friends, Hoole brothers should help you find a good doctor soon.

              I learned to be a good Buddhist by being close to Human Touch.

          • 3
            2

            Simon,
            .
            Don’t miss these fifteen minutes of AKD in Tamil – in Trincomalee:

            .
            https://www.youtube.com/watch?v=lmeENV99jxs
            anura kumara jvp live| para dige 467
            .
            Rave reviews for the translator. An exceptional talent that I can’t match. I’ve said this TWICE there on YouTube.
            .
            “My English is excellent (although I say it myself!); I wouldn’t mind trying, but I don’t think that I’ll be able to match this wonderful performance.
            Age is a factor! I’m older than Ranil. Let youth come forward!
            .
            Elsewhere, see how effective Harini is, even when playing second fiddle:
            .
            https://www.youtube.com/watch?v=d3CME8SmIa4
            | WFR
            .

            Dear shankar,
            .
            Although we are happy to see any strengthening of the Rupee in the short-term
            – see this caution:
            .
            https://gulfnews.com/business/markets/sri-lankas-rupee-will-reverse-gains-and-plummet-20-fitch-says-1.94316776
            .
            That is the sad reality.

            • 3
              0

              A YouTube commenter has given AKD’s Tamil translator as “අරුන් පේමචන්ද්‍ර”.
              .
              Arun Premachandra.
              .
              Translating is both exacting and exhausting work. I hope that somebody with clout makes a note of that name.
              .
              When Sirisena won the Presidency, I was very enthusiastic about him. A guy who had been my classmate for twelve years, across three schools {now domiciled in New Jersey but with his b-i-l a long time UNP parliamentarian (now SJB)} insisted that I try to be a simultaneous translator. I went along – and failed!

              • 4
                0

                Dear Sinhala_Man ,

                Credit where it is due ! The translation speed , truly amazing !
                Hats off to Arun and AKD matched his speed with it , a
                wonderful combination to watch , was like watching a crime
                thriller ! That was a feat S M , thanks .

              • 0
                0

                Thanks for the information.
                I think new technology can reliably fill the long-standing void of translation and interpretation at the same time.
                If powerful Europeans fully depend on technology today, why not Sri Lankans?

                Actually I don’t know that our Sinhala language is already in their list of languages. I know Italian, Spanish, or other non-English speaking doctors, scientists, and other advanced professionals who rely on technology today rather than human interpreters or translators to communicate with them. Apart from that, the clinics and hotel industry are now being replaced by “robots”. I have experienced this in many places in Europe over time.

      • 6
        1

        Dear LM: Thanks. Mark my words. That “Beliathta” has changed. The latest polls indicated that all the Palath Saba seats are going to be in the hands of the NPP. Not only that all the Provincial Councils and Municipal Councils would be won by NPP according to that “Opinion Poll”. I will give you the official link later.

        Didn’t you hear what Mr. Wijesinghe said about what happened to their reports to the Parliament? That is why he recommends those FOUR solutions to overcome the problem and achieve a win.

    • 5
      1

      Simon,

      That’s an excellent clip with some meaty details! Thanks.

      • 3
        2

        Yes, thanks, Simon and nimal for drawing attention to those wonderful fifteen minutes (oh, Simon, Simon, – you made it ten minutes):
        .
        https://www.youtube.com/watch?v=BLJ77HF7cFM
        .
        The speaker there is a quite distinguished man:
        .
        https://en.wikipedia.org/wiki/Gamini_Wijesinghe
        .
        Much more on him, if you Google. I hope that somebody like him will be in a future NPP Administration – I know it’s a bit of pre-hatching chicken counting.
        .
        It’s good to see valid comments from Human Touch, although they are a bit over the top, but it’s for that purpose that we have SJ around. Certain others are making asses of themselves by commenting. For instance, Manel doesn’t need his praise.
        .
        Panini Edirisinhe

        .

  • 6
    0

    Sarath De Alwis
    The answer is pretty straight forward. What killed Sri Lanka is the greed of the Rajapaksa family coupled with their lack of education / intellect.
    They managed to deceive a bunch of gullible people using every devious trick in the book and corrupted another bunch of unscrupulous bastards such as government workers, judiciary, police, MPs, ministers, foreign service, media bastards, Buddhist monks etc etc.
    They connived with China and collected financially invisible loans for the sake of commissions. They broke every law in the land. They Organised an Easter attack and many many more attrocities were committed to stay in power and continue stealing everything they got their Hands on including the gold reserve in the central bank.
    What more needs to be said ….

    • 3
      0

      HT,
      .
      Nothing can match Rajapaksa’s greed. This is similar to his companions of the people of Tripoli and Harare.
      There was no limit. However, people did not understand this. The majority of people in our country who drink Punnakku do not care about this. That is our cancer.
      .
      If they want to catch their targets, they are even ready to sell their mothers. So cheap. Many close Rajapaksas are like that.
      .
      ASP Liyanage’s Peacock Mansion is seen as another money laundering operation by Mahinda Rajapaksa. There are many transactions in which the Rajapaksa’s are directly involved.
      ASP Liyanage is known to have grabbed the lands of innocent people with the direct involvement of Rajapaksa thugs.
      Astrologers and other myth mongers breed like termites to mislead the common people of the country. If you talk to the people of the village and find out how they still entertain “Mahinda”. It is also similar to the myth of Buddhagama. This is a long project of the mlechcha family.

      tbc

      • 1
        0

        cont.
        .Some time ago I was talking to customers coming to a grocery store in colombo and how they found the great damage the Rajapaksa’s have done to this nation.

        There I was verbally attacked according to them, there is no country without Rajapaksa. Whole lot of people has been made to worship the bugger family for no good reason. Mahinda S wife should be charged for all the secret golden biscuit thefts. I really don’t know why not a single citizen is filing a case against this murderous family yet.
        :
        Sadest reality is that the law and order in Sri Lanka is/was biased against them. Poor Ranjan was jailed, but Mahinda enjoys the life yet today… what an upside down world ?

        No one from the killer’s family has been jailed yet.

        Those who opposed the purchase of palaces from Gampaha were acquitted, leaving a vacuum. How so ?

        They were able to lie to a single person, and they were able to pervert the minds of the judges as they were on earth. If Basil is not the owner of the Gampaha land, who is the owner? The Panama Papers or other hijackings made headlines, but what investigation was done? Why are Sri Lankan judges abroad and living abroad so apathetic? Why on earth does all this seem favorable to Rajapaksa’s survival?

  • 5
    0

    Correction
    .
    “Collected financially inviable loans”
    .
    What remains to be done is to march all the Rajapaksa scoundrels and their accomplices and exterminate them with extreme prejudice in public for crimes against Sri Lanka.
    .
    I will not spare even one out of the bunch. Their remains should be thrown in the ocean as shark 🦈 food.
    .
    Never in our poor country should be tolerate such worthless scum.

  • 3
    0

    “International Lenders are not in the business of teaching ethical niceties to borrowing nations. “

    Then they can forget that they will get back their money too.They can’t have the cake and eat it.

    Let say a chap now comes and asks me for a loan of 100000 rupees.I tell him i need 30% interest per year and the 100000 should be paid back in 10 years.Then i give him the money.For 5 years he pays and then goes bankrupt and cannot pay.What am i going to do now.I did not teach him ethical niceties.

    • 3
      0

      my purpose in the abovementioned comment of mine is to show that i should have looked into whther he has the capacity to pay me back.For that i would need his income and assets statement with proof of authenticity.Then i would have given him the loan with a security of an asset in case he defaults. Did they check sri lanka’s annual income?Did they get some sort of security if we don’t pay back?These are not ethics but standard lending practices.If they gave a loanfor a project did they look at its feasibility?They did not do all this but just gave the loans. The reciepients of the loans ,especially the political elite,enjoyed champagne on a kassipu income.

      • 6
        1

        Shankar
        You are correct in your logic within normal circumstances.
        But both China and Rajapaksas have not been operating as they normally should.
        China wants to make investments that they can use as a stranglehold over stupid countries that venture into business with them. They rope greedy leaders who put their personal interest above that of the country.
        Rajapaksas were a typical example of such leaders. They never checked the ROI or cared to check the ROI because they were blinded by the money they were making under the table.
        Most times they would have even known that the loans would not produce enough revenue to payback the loans, e.g. Hambanthota port.
        The Chinese wanted a strong footing on a strategic location in the Indian ocean and Rajapaksas facilitated it.
        They are the worst traitors to Sri Lanka.

        • 1
          5

          HT
          “Most times they would have even known that the loans would not produce enough revenue to payback the loans, e.g. Hambanthota port.”
          *
          Do you not know that the Hambantota harbour has proven to be an increasingly profit making venture?
          The Yahapalanaya deliberately ignored its development and even sold 80% of it to the Chinese builder to settle its several debt payments.
          *
          Kindly, name one country over which China has a stranglehold by any means.
          It may happen, but not quite yet.
          Some fact checking could make your hate speech a little less incredible.

          • 2
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            sj

            so are you saying that the chinese loaned responsibly.XI ji ping smiles and money comes out of his mouth through the chinese exim bank.No smile,no money.

            • 1
              2

              S
              Name any irresponsible loan.
              We can talk.

              • 2
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                sj

                one example,the hambantota port.Another the hambantota airport.Another hambantota cricket stadium.Another hambantota arts gallery.Another hambantota highways where only the buffaloes roam.want some more?

                • 0
                  0

                  Dear Shankar,
                  Although many white elephant projects are a reality, many people are still unable to raise their voice against these dogs. Uganda, Nigeria, Maldives and most of their investment countries have more white elephant projects than profitable ones.

                  I really don’t know why our people are still petting Mahinda for no reason?????

                  The biggest joke is that even today some educated Sri Lankans are trying their best to protect Malecha Rajapaksa.
                  .
                  tbc

                  • 0
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                    cont.
                    Or their argument has been that TV channels everywhere have their own agendas. The truth is that I really don’t know that the true criminal nature of the Sri Lankan media can be compared to Western TV channels.
                    OC argued that TV channels in Sri Lanka are judged only by their viewership. why on earth, nothing seems to work correcting this huge failure ? Why not legal actions be impossible to take against media fraudsters ? If there are proper law settings againsnt them, Dilith Jayaweera and Hiru TV owners would not have continued their vicious agendas further.
                    .
                    Unsubstantiated news often becomes the news of Sirasa TV and other two Pachavahini. Why would they let it happen again?
                    I think there is still an unbreakable bond between the media and Rajapakse criminals.
                    We compare SIRASA TV teams with the other two worst TV channels, where Sirasa TV is relatively fair, but still they are also very biased towards their own projects.
                    That is why I say again that the real threat of this hell created by the Rajapaksa brothers is the media mafia.

          • 3
            1

            “Do you not know that the Hambantota harbour has proven to be an increasingly profit making venture?”

            If so, could we see audited financial report and management account for that period/year.

            “Kindly, name one country over which China has a stranglehold by any means.
            It may happen, but not quite yet.”

            Here we go …..

      • 3
        0

        Shankar,
        “For that i would need his income and assets statement with proof of authenticity”
        That is what credit ratings are for, in the international context. You know, AB, BB, etc. It means the country can raise loans to pay off earlier loans. It isn’t the lender’s fault if that is the borrower’s plan.
        “.If they gave a loanfor a project did they look at its feasibility?” The fact is, the ADB was first approached for the highways and but they decided they weren’t feasible or necessary. That’s how the ADB operates, but not the commercial Chinese bank.
        In the final analysis, if the borrower breaks an agreement for no good reason, he can be taken to the court of arbitration in a third country. That’s why Ranil himself couldn’t stop Port City even though he promised to.
        Lenders are not in it for charity. As they say in Latin, “Caveat Emptor”, Let the buyer Beware.

        • 0
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          old codger

          not only has normal lending practiices not being followed but there should have been higher standards when a country is involved.There is no security for the lenders to takeover such as if the guy loaned to did not pay i can go to courts and take his property.Mind you that is the local courts,not the international courts you are talking about.If irresponsible lending is done and also bribes given we have nothing to worry about internationa courts.Also if we are given a verdict not i our favour and we do not comply what are the international courts going to do about it because they do not have jurisdiction in a sovereign country.These bloody lenders must take extra care and responsibility when they give to a country because 22 million people and their future off springs have to pay pay pay paypay and pay.

          • 1
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            Shankar,
            “what are the international courts going to do about it because they do not have jurisdiction in a sovereign country.”
            Unfortunately, they do. Have you never heard of agreements such as GATT? There are always clauses in international loan agreements that describe what happens if one party defaults. The arbitration Court cannot lock up our President, but when agencies such as Fitch hear of it, our credit rating goes to trash level, and next time we will have to borrow money at very high rates, if at all. Like a borrower blacklisted by the local CRIB having to borrow from the poli mudalali. No country wants that to happen.
            Sovereignty has nothing to do with it, dear Shankar.
            Blame the borrower, not the lender.

            • 0
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              Shankar,
              “because 22 million people and their future off springs have to pay pay pay paypay and pay.”
              Yes, and you have given me an opportunity to explain exactly what happened.
              Corruption is not the only cause for the situation. It was always there, but we didn’t go bankrupt. Closing down the economy due to Covid was a cause. It could have been done better. But it’s easy to be wise after the event.
              It shut down tourism income , and a lot of export income.
              Food and oil prices went up everywhere due to the war in Ukraine.
              The final blow was Gota’s stupid decision to go organic overnight, destroying our own agriculture, at a time when there was no money to import food.
              Who voted for Gota? Who voted for his policies? The very same “people” who are complaining now. Don’t you think they deserve as much punishment as anyone else?

    • 1
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      S
      Whatever you teach the borrower, you are a terrible loan shark to charge 30% interest.
      You collected 50% over the capital in 5 years, and stop moaning.

      • 0
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        SJ

        isn’t that what the banks in sri lanka are charging now.A friend in business old me he can’t cope with the interest rates .So are you saying the banks are loan sharks?

        • 1
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          Shankar,
          “A friend in business old me he can’t cope with the interest rate”
          Perhaps you aren’t old enough to remember, but for 30 years from the the late 70’s to the early 2000’s, the rates were similar or higher. Businesses did just fine.

          • 0
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            old codger

            try doing business at 30% interest when the economy is contracting. Why do you think so many businesses are going belly up. This is a recession we are in.

            • 0
              0

              Shankar,
              This is not a recession, it’s bankruptcy. High interest rates keep inflation down, because people don’t spend or borrow too much. It’s true businesses suffer. Somebody is always there to complain. But look who is NOT complaining. Are the retirees living on FD income complaining?
              You must remember that this not the first time the USD doubled overnight. JR did it in 1979.

            • 0
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              Shankar,
              “try doing business at 30% interest”
              In that case, I suppose your argument is that business will boom when interest rates are low? Why not check out Japan, one of the largest economies? It has almost negative interest rates, but it is more or less in a permanent recession.
              Don’t let social media pundits convince you that things are that simple.

  • 5
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    “ The people must be told the truth. They must be told the unvarnished truth”
    The main CAUSE for the current SL situation is Sinhala Ethno-nationaism over the last 7 decades. The‘Sinhala Jealousy’ of the success of Tamil speaking SL citizens in both economic and educational fields is in fact the main cause of huge debt. Both Tamils and Singhalese intelligentsia has left the shores of our island paradise and are HELPING the rest of the World.
    It’s sad to see how our transport /health/educational infrastructures are very poorly developed compared to lots of other countries.
    Solution to the current issues should come by having a NEW Constitution passed asap and get the people who stole the government coffers to RETURN their wealth to the STATE

  • 3
    1

    .
    1 (b) . This is more satisfactory: https://www.statista.com/statistics/1067091/population-sri-lanka-historical/
    .
    That’s population from 1800 to 2020. It shows that the unsustainable increase in population of the country began around 1943. This has been a major cause of our problems (apart from corruption!).
    .

    What caused phenomenal population growth was that up to then parents were used to seeing most of their children dying in childhood. Health Improvements brought about by modern medicine means that people live on, and on.
    .
    Populations have to be stabilised; attempting to reduce population (apart from the question of how?) will create the huge problems of ageing populations – unless older people like us are going to be killed off. Far from that being the case, Ranil Wickremasinghe wants to be President until 2048, when he’ll be 99 years old. Who knows he may wish early deaths for his “subjects” – that’s how horrible he now reveals himself. He may live on to celebrate centenary celebrations, but we must oust him, and others who are his age, and do so now.

    • 1
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      SM,
      “What caused phenomenal population growth was that up to then parents were used to seeing most of their children dying in childhood. Health Improvements brought about by modern medicine means that people live on, and on.”
      So, are you suggesting that these health improvements should be rolled back, hospitals should be closed down, etc? But that’s what your pals keep accusing Ranil of doing. Make up your mind.
      .

      • 0
        0

        Dear oc,
        .
        Thanks for your query,
        but don’t you realise that there was no “suggestion” in that comment of mine? When making those comments I had wondered whether there was any purpose saying anything as trivial as that.
        .
        Your comment, as well as my experience of teaching kids suggests that it isn’t always obvious.
        .
        I was merely giving so simple an explanation for our problems that many overlook it. We’ve got to get over the obsession to keep prolonging life when it has become meaningless.
        .
        We have to depart; may I please stop with that? To bring “politics” or the views of people whom we know primarily as politicians will be cheapen our lives.
        .
        Checking my Bank Account today brought me the good news that my pension (paltry as it is) has come in, as scheduled, today. I express no gratitude to anybody; it is what I have earned.

      • 1
        0

        OC,
        .
        SM is a very naive person. JVP has been made powerful today without knowing their crude history. He has become JVP today because he tried to stand against Ranil. If one childishly attacks another, to me it is beyond bearing.
        Even today “this clown” is soft on Mahinda Rajapaksa because JVP people are not against Mahinda Rajapaksa.

        Most of the allegations made by JVP about their rivals cannot be proved. Even teenage students rebel against their teachers. We can make many accusations, but in a developing country of our nature, it is not at all easy if someone is playing politics. Because the JVPs have not ruled this nation, they do not know the depth of the water. To them, everyone except JVP is corrupt and abusive.

        We know very well that there is no leader in this country who deliberately committed great crimes like Mahinda Rajapakse. Is there a leader who turned the nation upside down to gluttony? When I raise this, SM totally ignores it.

        However, he still enjoys the apathy of the people. That is the failure of the stupid ruling Sri Lankan people

        May our people be blessed with more knowledge and rationality. Idiots will be kicked out of this country and rational and law abiding people will be in charge.

  • 3
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    Concluding:
    .
    I have mentioned this because there are fools who see some bare land in the country, and suggest the solution that that land also should be given to our citizens to cultivate! Nothing of the sort. Humans need to reconsider their superiority other life forms. If we destroy the variety of Nature, it comes back to us in unforeseeable ways. We must learn to appreciate that.
    .
    So don’t suggest it to Ranil. or whoever is running the country, that forests ought to be cleared. Man must learn not to drive to extinction fauna, flora, may be even germs and bacteria to extinction. Our deaths also are necessary, and let’s stop allowing religions to tell us that there will be life for us after we die.
    .
    Let’s make the most of life, and for that purpose, – well, start by telling Ranil that he’s got to stop making important decisions binding on all of us!
    .
    Panini Edirisinhe of Bandarawela (NIC 483111444)

    • 0
      1

      S_M, I hate to dispute with you, but we did not come here magically from nothing. It was a living and moving sperm of a father penetrating a living ovum of a mother and producing a cell multiplication which ended in a living and multiplying foetus, carefully crafting all functioning organs of a living human being after 9 months of protection in a womb. So we come to this world with life and substance and that life at death goes back to source. Where that substance called soul goes depends on whom we align with while in this world, whether rejoining our Creator or denying him and hence to a separated eternity. We cant kill what another has made.

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