Sometimes I think as to why so many scams are coming out. There has to be some reason for this. It could not be that there were no scams in past or that media was so lackluster as to identify one.
The social changes like literacy, urbaisation and rapid disbursement of news via cable and social media had definitely had an impact. However still, why now?
If you take stock market's analogy (or for that matter of economy by extension) most scams happen at the Top. When everything is going good and when the scamsters hope their scams can run some more and remain underground. But AFTER the top, the shifts in loyality and unability to paint more bright pictures of future creates huge risks for scamsters who are now vulnerable to any surfacing of evidences or conspiracies. This should envenutally lead to convictions and a general clean up of the system.
IMO, these scams clearly represent the TOP in something. I am hard-pressed to believe that it is the economy. It is unlikely with such a young population.
Among the thing that seems perfectly synced well with Its-Over-The-Peak theory are the fortunes of Congress party.
With the number of Congressmen who are engulfed in the shame of scams, it is hard to foresee how they will survive under the present and future circumstances. Also, all the ambitious Congressmen might be better off by jumping the ship to other parties or form their own splinter factions. Remaining, within the core party while it steadily looses steam would be ruinous to the careers of these smart people.
Given the amnesia of general public, the dirty linen being washed in public right now are very hard to digest. They are likely to remain in memory for a much longer time to come. The duration of this memory will be dependent on how badly the economy fares and depending on who writes the history books to blame the economic downturn.
The same TOP-theory can arguably made case for other major National parties like BJP, CPI or JD. But since they are not currently under the direct line of fire, they may be less impacted in short term than Congress.
This is a Season of Scams because, IMO, Congress is over. More the number of scams unearthed, the faster it disappears. Probably it is a better idea for parties like BJP to come to power and start a real witch-hunt against Congress and its allies to finish it off once and for all. And it is in interest of Congress that they do what ever is possible to hide and ensure there aren't evidences. Meanwhile, some of these parties really need to sponsor several authors to write on these scams - to bring out the truth or to confuse. The party first to hit the market sets the pace.
Disclosure: Not affiliated with any political party.
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