Who loots the public ?

Common-man is angry. He asks :

Why our Tax money is used to finance all these mismanaged Banks ?

Government has decided to infuse  another Rs 2.4  Lakh Crore into the public sector Banks ( this works out to Rs 10,000 from every Indian family). 

Is this money down a drain ?  Yes  That's what the history tells us. After all, all government banks put together are now valued at no more than the present infused capital.

Do you remember ,  while UPA was in power they wrote off over 75000 Crores against Agricultural Loans. Statistics later showed that only 15 % of this money went to the right and needy agricultural people. No need to guess,  the rest of the money was looted by Banks Intermediaries  and Agents (aka Politicians). 

Moreover when Pension matters were discussed  the then Finance Minister (Mr. Chidambaram) said "Pensions are the biggest burden on Govt exchequer".