One of the incongruities of our legal judicial system is keeping people incarcerated in jail without bail or trial for years on the one hand and the inability to get successful verdicts on the other once the case goes to trial.
While on an emotional considerations one may applaud the justice of that since people we believe are guilty get some punishment, before trial at least. The absence of a strong legal-judicial system is a major stumbling block in our efforts to take our self appointed place in the community of nations. We are in some respects quite close to a banana republic.
I do believe that it also raises serious barriers which keeps capital away. We have a lot of access to hot capital for Lays chips but little capital for long term investment. The inability of the legal-judicial system to enforce contracts is hurting us badly particularly when we need investments to drive the economy out of recession.
Prem
While on an emotional considerations one may applaud the justice of that since people we believe are guilty get some punishment, before trial at least. The absence of a strong legal-judicial system is a major stumbling block in our efforts to take our self appointed place in the community of nations. We are in some respects quite close to a banana republic.
I do believe that it also raises serious barriers which keeps capital away. We have a lot of access to hot capital for Lays chips but little capital for long term investment. The inability of the legal-judicial system to enforce contracts is hurting us badly particularly when we need investments to drive the economy out of recession.
Prem
