Bailout - From a Presidential view.

Sarah Palin was asked by Katie Couric to explain what she thought about the 700 Billion USD Bailout instigated by Fed. Here is what she had to say.

" That’s why I say I, like every American I’m speaking with, we’re ill about this position that we have been put in where it is the taxpayers looking to bail out. But ultimately what the bailout does is help those who are concerned about the healthcare reform that is needed to help shore up our economy. Helping the—it’s got to be all about job creation too, shoring up our economy and putting it back on the right track. So health care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americans and trade—we’ve got to see trade as opportunity, not as competitive, scary thing, but one in five jobs being created in the trade sector today—we’ve got to look at that as more opportunity. "

And she is a Vice-Presidential nominee ; one who is one 72 year old heart-beat away from being the President of the United States of America.

Was McCain even remotely lucid in his thoughts when he picked her to be his VP nominee ? All of this almost defies belief !

First it was George Bush, then we had John McCain and now we have Sarah Palin ? Hmmmm ...

Some Nice Nuclear Waste for sale -- Anybody ? ? ?

I had written some time back arguing in favor of the nuclear deal ; and boy am I happy to see the deal materialize despite the best attempts from the nutty left. [ You think the left are not nutty ? - Singur, Tata anyone ? ]

There is a lot of good press that this deal is generating -- the energy options it provides India, the profits/jobs that it creates for Russia/France/USA and the likes. Who would have thought that the day would come so soon, when the developed world would be looking to India for generating jobs and money. But I digress.

One thing that is not being brought up by the media though is the issue of nuclear waste. I have not seen any significant media coverage on this very important issue !

In a country like India where even strict rules are taken as nothing but mere guidelines - how would we deal with the issue of disposing nuclear waste ? -- Would it all be dumped without any precautions, to some 'lesser fortunate' places within the country ; thus putting the environment and lives at stake ?

We know that the nuclear waste disposal problem is the mother of all waste-disposal problems. The radioactive leftovers potentially last for large periods of time, and could have deadly effects on large portions of the surrounding environment. Look at the problems United States is having with approving the proposed Yucca Mountains nuclear waste site.

If nuclear waste could prove to be a problem in a mostly law-abiding nation like United States, I fear how are the corrupt babus in India are going to deal with this important issue.

Are we taking enough care - that we do not become the nuclear dumping ground of the west ?

Nuclear Energy is good -- but India must also explore other alternatives, just as United States is doing; We must not fall into the trap of greedy commercialization from the corporates who want to sell us energy at any cost. We must keep all our energy options open.