It was a panel discussion on financial turmoil, on an apt day when the stock market crashed a 1000 points. an event organised by Liberty Insitute and FNF.
Lessons that I learnt:
1) Food tastes good when shared from the same plate.
2) Fish fry and ice cream do not go well.
3) No one wants to sit in the front row.
4) The Moderator can not have an opinion, so what if he is the most suited.
5) Political fall out and comments are avoidable.
Lessons that I did not learn:
1) I am not convinced that inflation is not a problem.
2) That trade deficit is also not a problem.
3) That printing fiat money is also not a problem.
4) That only liqudity is a problem?
5) How will it affect me, if I do not get loans anyway, do not invest in stocks- basically if I live in a village, like rest of India?
Saturday, October 25, 2008
Thursday, October 23, 2008
Maha-Raj Thakrey
The prince has come of an age and is ready for the crowning to be Maharaj,
instead of just Raj.
As Soli puts it he is a thakrey and not thackrey.
Its a pity, how in their sane minds would Congress do such a thing. But then given their history they don't really care. They have a plan only for tomorrow, and insist on believing that chaos will always be good for them.
"Best thing I did for my country was to leave it as soon as possible" not verbatim, by George Bernard Shaw.
Raj's ploy is understandable. He is doing best that he has learnt.
why would my fellow Bihari's burn train in their cities and waste time on getting violent on the streets, get beaten up and maybe shot.
Is it to pressurise the government to arrest him, giving their own powers to the same government who is creating this Frankenstein.
All they have to do is keep getting loaded on trains and keep going there, and every where.
Mumbai has most lifts, so that is where they get to become lift men.
11 trains were cancelled yesterday to Patna. Fellow men you are making a Maharaj out this Raj.
You need opportunities, and no one can stop you from getting that, as long as you see the goal and reach there.
All Raj's will have to keep shut when they will have no choice to do without you.
You are 10% of India's populace, who can hold you back!
Punjabi's and Gujarati's made a silent revolution of migration over the years to all corners of the world. Legally or illegally.
who could stop them.
Its only when you seek the government to intervene, that Idi amin appears.
Believe in yourself, and get those trains back on the rail.
instead of just Raj.
As Soli puts it he is a thakrey and not thackrey.
Its a pity, how in their sane minds would Congress do such a thing. But then given their history they don't really care. They have a plan only for tomorrow, and insist on believing that chaos will always be good for them.
"Best thing I did for my country was to leave it as soon as possible" not verbatim, by George Bernard Shaw.
Raj's ploy is understandable. He is doing best that he has learnt.
why would my fellow Bihari's burn train in their cities and waste time on getting violent on the streets, get beaten up and maybe shot.
Is it to pressurise the government to arrest him, giving their own powers to the same government who is creating this Frankenstein.
All they have to do is keep getting loaded on trains and keep going there, and every where.
Mumbai has most lifts, so that is where they get to become lift men.
11 trains were cancelled yesterday to Patna. Fellow men you are making a Maharaj out this Raj.
You need opportunities, and no one can stop you from getting that, as long as you see the goal and reach there.
All Raj's will have to keep shut when they will have no choice to do without you.
You are 10% of India's populace, who can hold you back!
Punjabi's and Gujarati's made a silent revolution of migration over the years to all corners of the world. Legally or illegally.
who could stop them.
Its only when you seek the government to intervene, that Idi amin appears.
Believe in yourself, and get those trains back on the rail.
Wednesday, October 22, 2008
Looser
Rule 1
Never write when not in your senses.
Flout when drunk,
I am a fuckin looser,
By the standards of living mortals,
In last ten years of our association,
I convinced you to be satisfied on the cheapest air conditioner,
That too in winters,
That convection model of an oven was for westerners,
Those gold prices would fall,
A house is London was better than a simpleton in Patna,
Things had improved and it will so in future,
Two drinks is healthy,
I was traveling because it was important,
You had no idea of the stress,
I was in control,
Watching Hancock,
I realize, what a looser I have been trying to find myself,
There is no I-Me without U,
Just a note of thank U,
For just believing.
I am not a lost after all.
Never write when not in your senses.
Flout when drunk,
I am a fuckin looser,
By the standards of living mortals,
In last ten years of our association,
I convinced you to be satisfied on the cheapest air conditioner,
That too in winters,
That convection model of an oven was for westerners,
Those gold prices would fall,
A house is London was better than a simpleton in Patna,
Things had improved and it will so in future,
Two drinks is healthy,
I was traveling because it was important,
You had no idea of the stress,
I was in control,
Watching Hancock,
I realize, what a looser I have been trying to find myself,
There is no I-Me without U,
Just a note of thank U,
For just believing.
I am not a lost after all.
Tuesday, October 21, 2008
Eye of the beholder.
If you are a piece of art,
Which you are,
Carefully moulded and crafted,
Every bit worth observation,
Little more deeper then the depths,
A lot more than the most,
And if the masters work is actually alive,
Like you are,
What is that you would seek the most?
Which you do,
Eyes of the looker,
The smiles of the seer,
One moment of connectivity,
The looker is of course not a piece of art,
Which you are,
He is just as all are,
He does not deserve a reciprocating ecstasy,
He has but one quality,
To have recognised yours,
He is what makes you alive,
He would perhaps get scared if Mona Lisa was to actually smile,
If all of Picasso’s horses were to neigh and all of Vincent’s sunflowers moved with the sun.
My eyes, that lay in the sockets of my deformed skull,
This covered with dead skin,
Stands on a body shapeless,
But still, I have the eyes to admire your beauty, innate and ulterior.
I do not deserve similar feelings or observations,
But still my eyes are the purpose of your existence.
Just look deep, deeper than the similar depth I sought and found.
You see, Mona lisa did smile at me,
The master did recognise me.
Which you are,
Carefully moulded and crafted,
Every bit worth observation,
Little more deeper then the depths,
A lot more than the most,
And if the masters work is actually alive,
Like you are,
What is that you would seek the most?
Which you do,
Eyes of the looker,
The smiles of the seer,
One moment of connectivity,
The looker is of course not a piece of art,
Which you are,
He is just as all are,
He does not deserve a reciprocating ecstasy,
He has but one quality,
To have recognised yours,
He is what makes you alive,
He would perhaps get scared if Mona Lisa was to actually smile,
If all of Picasso’s horses were to neigh and all of Vincent’s sunflowers moved with the sun.
My eyes, that lay in the sockets of my deformed skull,
This covered with dead skin,
Stands on a body shapeless,
But still, I have the eyes to admire your beauty, innate and ulterior.
I do not deserve similar feelings or observations,
But still my eyes are the purpose of your existence.
Just look deep, deeper than the similar depth I sought and found.
You see, Mona lisa did smile at me,
The master did recognise me.
Monday, October 20, 2008
Begging is big business, Bankruptcy Better.
"The country, a frontline ally in the US-led campaign against al-Qaida and Taliban militants, has been forced to seek $10bn from western backers to stave of the threat of going bankrupt as early as February 2009." - TOI news report
"Pakistan, which is struggling to control an escalating militant threat amid US missile strikes on its northwestern frontier with Afghanistan, requires an immediate commitment of at least $2 billion to restore confidence in the country.
China has so far not yet given any firm commitments on loans, though there were uncorroborated media reports that Mr Zardari asked China for close to $3 billion." - the telegraph, London.
"It's a crisis of the money economy, and that is very serious," says economist Qaiser Bengali.
"If we are unable to meet our debt repayment, if we're unable to pay for imports, then the wheels of agriculture and industry will certainly come to a stop. Given that Pakistan imports its oil, our aircraft and lorries will not be running without oil." -BBC
And Pakistan Spends near about Rs. 50 crores daily on Military expenses just in siachen glacier.
Now who would in normal senses do that?
or is it becasue to buy arms from china and US they would need money from the same people.
Like in india, general people in pakistan do not really care for govrnment doles in thier day to day lives. Even basic infrastructure is absent. so even if the country does go bankrupt it does not affect the poor.
However, on the other side only people who gain from beging are the benefieciaries of the government schemes, and military spendings.
You see, it business sense to beg, borrow, steal (go bankrupt)
"Pakistan, which is struggling to control an escalating militant threat amid US missile strikes on its northwestern frontier with Afghanistan, requires an immediate commitment of at least $2 billion to restore confidence in the country.
China has so far not yet given any firm commitments on loans, though there were uncorroborated media reports that Mr Zardari asked China for close to $3 billion." - the telegraph, London.
"It's a crisis of the money economy, and that is very serious," says economist Qaiser Bengali.
"If we are unable to meet our debt repayment, if we're unable to pay for imports, then the wheels of agriculture and industry will certainly come to a stop. Given that Pakistan imports its oil, our aircraft and lorries will not be running without oil." -BBC
And Pakistan Spends near about Rs. 50 crores daily on Military expenses just in siachen glacier.
Now who would in normal senses do that?
or is it becasue to buy arms from china and US they would need money from the same people.
Like in india, general people in pakistan do not really care for govrnment doles in thier day to day lives. Even basic infrastructure is absent. so even if the country does go bankrupt it does not affect the poor.
However, on the other side only people who gain from beging are the benefieciaries of the government schemes, and military spendings.
You see, it business sense to beg, borrow, steal (go bankrupt)
Saturday, October 18, 2008
Lord of the land.
“Land does not belong to the peasants; land belongs to either God or the king.
And in this case the government is the king” or I would add, God as well.
Subhash Chakraborty, West Bengal’s minister for transport, declares this at a rally in Calcutta and to a private news channel later. He is a politburo member.
The comrade was speaking in reference to the Singur crisis.
A debate settled in the 15th century,more so ever revisited by Marx and now forgotten by the comrade.
Right wing and left wing merge here, I am not aware of the technical jargon. I am sure even Mr. Chakraborty is not aware of what he wants to say. But this time his mouth is where his heart is.
This is the heart of the leftist. Did we hear anything about the left being closer to the peasants?
The whole idea is to concentrate authority to act King or God.
They have nothing to offer to the masses, capitalize on the hatred for the capitalist.
Let the masses know that all ills and misfortune that they are lamenting against is because of capital that does lay with the rich and few.
How can each of the poor get rich is not a solution, but how to get all the rich to get poorer is the answer.
Well that’s on the face of it,
The larger plan is to threaten the capitalist to the extent of filling their own coffers.
Use capitalist greed to grant favors.
Use poor man desperation and ignorance to gather them in a collective silence or dumbness I should say, which they call a Voice
And in this case the government is the king” or I would add, God as well.
Subhash Chakraborty, West Bengal’s minister for transport, declares this at a rally in Calcutta and to a private news channel later. He is a politburo member.
The comrade was speaking in reference to the Singur crisis.
A debate settled in the 15th century,more so ever revisited by Marx and now forgotten by the comrade.
Right wing and left wing merge here, I am not aware of the technical jargon. I am sure even Mr. Chakraborty is not aware of what he wants to say. But this time his mouth is where his heart is.
This is the heart of the leftist. Did we hear anything about the left being closer to the peasants?
The whole idea is to concentrate authority to act King or God.
They have nothing to offer to the masses, capitalize on the hatred for the capitalist.
Let the masses know that all ills and misfortune that they are lamenting against is because of capital that does lay with the rich and few.
How can each of the poor get rich is not a solution, but how to get all the rich to get poorer is the answer.
Well that’s on the face of it,
The larger plan is to threaten the capitalist to the extent of filling their own coffers.
Use capitalist greed to grant favors.
Use poor man desperation and ignorance to gather them in a collective silence or dumbness I should say, which they call a Voice
Venus the guiding star.
Those who assume hypotheses as first principles,
Of their speculations……. may form an ingenious romance,
But a romance it will still be.
-Roger Cotes,
Preface to Sir Isaac Newton’s
Principia Mathematica
Second edition, 1713
On a dark night, among the hills of the Himalayan Kingdom, when I look at the sky, I see a bright star, brightest among them all. My knowledge tells me it is not a star but a mere planet, as if derogatory.
Today it is not about knowledge; it’s about, believing in that one single bright spot on a canvass of absolute darkness.
Life at times looks like what I see this moment. Looking for a guiding star, hypnotizing to the effect of giving you a reason to carry on.
Fickle human mind at times needs a romance that is perhaps a hypothesis.
To tide over the storms in our minds, insecurities and apprehensions.
When the weather is conducive I will look for my pole star.
More poised and constant, maybe not so bright.
To my mind, the brightness is just for me,
That is the romance, for I have no way to confirm that,
And if there was a possibility to touch and see,
Perhaps, this would not have been as romantic.
Look down oh! Venus,
You have many, whom you are guiding as well.
Of their speculations……. may form an ingenious romance,
But a romance it will still be.
-Roger Cotes,
Preface to Sir Isaac Newton’s
Principia Mathematica
Second edition, 1713
On a dark night, among the hills of the Himalayan Kingdom, when I look at the sky, I see a bright star, brightest among them all. My knowledge tells me it is not a star but a mere planet, as if derogatory.
Today it is not about knowledge; it’s about, believing in that one single bright spot on a canvass of absolute darkness.
Life at times looks like what I see this moment. Looking for a guiding star, hypnotizing to the effect of giving you a reason to carry on.
Fickle human mind at times needs a romance that is perhaps a hypothesis.
To tide over the storms in our minds, insecurities and apprehensions.
When the weather is conducive I will look for my pole star.
More poised and constant, maybe not so bright.
To my mind, the brightness is just for me,
That is the romance, for I have no way to confirm that,
And if there was a possibility to touch and see,
Perhaps, this would not have been as romantic.
Look down oh! Venus,
You have many, whom you are guiding as well.
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