Sunday, October 21, 2007

Bandulanomics : How to control Cost of Living.

Now why didn’t anyone think of this..

From the Daily Mirror:

Prison sentences without bail will be included in the new Consumer Affairs Act (CAA) due to be presented as an “Emergency Act” to Parliament soon.

The government announced these fresh measures yesterday in a bid tocurtail the rising cost of living by introducing “teeth” to the Act to prevent companies from arbitrarily increasing prices without prior permission from the government. While still in the formulation process, Trade and Consumer Affairs Minister Bandula Gunawardena pledged to give more power to the revamped Act and ensure that legal measures can be taken against companies involved in production and sale of essential items. [..]

“We are working with the Prime Minister and officials from the Legal department to make sure that this Act does not just “bark” but has the power to “bite.” [..]

It was unclear what products would be included, but the Minister revealed that in addition to the fines that are presently imposed, prison sentences without bail could be imposed on the offenders.
[..]

The Minister asked people to notify fax number 2300516 if there was any scarcity. [link]

Once notified, the ministry will immediately email back all the necessary items.

It’s great to see this kind of creativity from a government minister, everyone’s been wrong all along. It’s not Oil stupid, and definitely not over spending or printing of money. It’s been those evil evil companies producing ‘essential items’. Now if we put them in jail – problem solved.

The only additional requirement, (as the minister has subtly articulated above) is to employ dogs to train the act to ‘bite’, not just ‘bark’. Assistance from the Prime Minister will be sought for this purpose.

As his next project, the Minister aims to eradicate poverty by shooting down poor people.