BPCL Bottom Upgradation Project on Hold in India due to Privatization Plans, an Industrial Info Market Brief
Industry Segment: Market Brief | Word Count: 112 Words
Bharat Petroleum Corporation Limited (BPCL) (Mumbai, India) has put on hold the Bottom Upgradation project for its Mumbai Refinery, as a result of the company s ongoing privatization plans. BPCL expects to resume the project after the privatization is complete.
biden i thought actually figured out what obama didn t figure out a week before, which is how to deal with the romney/ryan ticket on taxes and on medicare and on social security. the strategy thus far has been to kind of trap you in thikts of ambiguity. you can t say it s 5 trillion because we haven t told you how we ll pay for it. what biden said over and over again is these guys have a voucher plan, rieven has supported privatization plans, and who do you trust. and he did a very good job, even as he did get into details like on the tax rate, of when it began to get to weedy, stepping back out and saying just before you kind of tune out america, just think about the choice you re being offered here. these are not equal parties with equal histories. and the fact that paul ryan says that his plan, his medicare plan from 2012 is a lot more modern than his plan from 2011 he s still the guy with the plan in 2011 that dissolved traditional
money to pay more out of their pocket. they re talking about medicare there. in terms of social security, at some point, martha said, you stood with bush on privatization, saying that to paul ryan, specifically talking about when he was in the congress during the bush administration back in the mid-2000s. it isn t just that paul ryan stood with bush on privatization. he stood well to the right on privatization. this is from a memo from pete wayner, who s a member of the bush administration talking about some of the various privatization plans. he wrote, at that time, that, quote, if we borrow $1.2 trillion, talking about ryan s plan, to cover personal savings accounts and make though changes to wage indexing, we ll borrow trillions and have trillions more in unfunded liabilities. ryan s plan was actually well to the right of what the bush administration ended up proposing. these huge transition costs to
bush administration talking about some of the various privatization plans. he wrote, at that time, that, quote, if we borrow $1.2 trillion, talking about ryan s plan, to cover personal savings accounts and make though changes to wage indexing, we ll borrow trillions and have trillions more in unfunded liabilities. ryan s plan was actually well to the right of what the bush administration ended up proposing. these huge transition costs to go to a much more aggressive form of privatization. he continued to promote different forms of privatization through the next decade until 2010. it was when he really got charged with creating a budget that all republicans could sign on to that boehner and other members said you have to take this out of your budget because we can t go into battle like this. ryan was, in terms of what you had in the house, he was the leader of the privatization movement and was much more committed to it than just your run of the mill average
run for office and you have declared war on social security? when you look at any of the polls, 50% of americans are less inclined to support perry because of his stance on the ponzi scheme. this is a tremendous political third rail, as joe madison said. i think perry probably regrets writing those words in the book. i don t think it was smart politically if he was in a presidential run to do that. that said, you can tell perry is not going to use that phrase over and over again. by the end of the day, perry, romney, the other republicans aren t going to spend a lot of time talking about social security in this campaign. they are trying to i don t think they re even going to put out their privatization plans. that s not the issue they want to talk about. they want to talk about jobs and the economy. i think they ll go back to that at some point. you ll see less talk about this as they go forward. josh is seemingly not trying