Wednesday, October 05, 2005

This is New INDIA!!!

A mail sent by Dean IIT Madras. " Dear Friends, Here is a personal experience, as well as a moment of national pride, which I want to share with you. Hope you find it worth the time you put in reading it : "In the middle of 1965 India-Pakistan war, US govt - then a close friend of Pakistan - threatened India with stopping food-aid (remember "PL-480"?). For a food deficient India this threat was serious and humiliating. So much so that in the middle of war, Prime Minister (Late) Lal Bahadur Shastri went to Ram Leela Grounds in Delhi and appealed to each Indian to observe one-meal-fast every week to answer the American threat. As a school boy, I joined those millions who responded to Shastri ji's call. I continued the fast even when the war was over and India became self sufficient in food. Hurt deep by the national humiliation suffered at the hands of the US govt, I had vowed to stop my weekly fast only when India starts giving aid to USA. It took just 40 years. Last week THE day arrived. When Indian ambassador in Washington DC handed over a cheque of US$ 50 million to the US govt, two plane loads of food, medical aid and other relief materials were waiting to fly to the USA. Time to break the fast? With no bad feeling about the USA, and good wishes for the Katrina victims, this humble Indian feels proud of the distance India has covered in 40 years. Let's celebrate a New India!" - Vijay Kranti. Dean - IIT Madras "

Thursday, July 28, 2005

Strange...

Some of the strange stuff we do, are we compulsive excessive Behavioural problems? #1...Why do we press harder on a remote control when we know thebatteries are getting weak? #2...Why do banks charge a fee on "insufficient funds" when they knowthere is no money in the account? #3...Why does someone believe you when you say there are four billionstars, but check when you say the paint is wet? #4...Why doesn't glue stick to the bottle? #5...Why do they use sterilized needles for death by lethal injection? #6...Why doesn't Tarzan have a beard? #7...Why does Superman stop bullets with his chest, but ducks when you throw a revolver at him? #8...Why did Kamikaze pilots wear helmets? #9...Whose idea was it to put an "S" in the word "lisp"? #10..If people evolved from apes, why are there still apes? #11..Why is it that no matter what color bubble bath you use the bubbles are always white? #12..Is there ever a day that mattresses are not on sale? #13..Why do people constantly return to the refrigerator with hopes that something new to eat will have materialized? #14..Why do people keep running over a string a dozen times with their vacuum cleaner, then reach down, pick it up, examine it, then put it down to give the vacuum one more chance? #15..Why is it that no plastic bag will open from the end you first try? #16..How do those dead bugs get into those enclosed light fixtures? #17..When we are in the supermarket and someone rams our ankle with a shopping cart then apologizes for doing so, why do we say, "It's all right?" Well, it isn't all right so why don't we say, "That hurt, you stupid idiot?" #18..Why is it that whenever you attempt to catch something that's falling off the table you always manage to knock something else over? #19..In winter why do we try to keep the house as warm as it was in summer when we complained about the heat? #20..How come you never hear father-in-law jokes? #21..If at first you don't succeed, shouldn't you try it like your wife told you to do it? #22..And obviously if at first you don't succeed, then don't take up sky diving! #23...And my FAVORITE...... The statistics on sanity are that one out of every four persons is suffering from some sort of mental illness. Think of your three best friends, if they're okay, then it's you.

Saturday, July 23, 2005

Crying Foul..

I was seeing an interview on a Gujarati Channel. The person being interviewed was Aruna Irani. It was sort of a general interview. But when she was asked about "casting couch", her reply was very good. I liked it a lot. She said there is casting couch everywhere and its exists from medieval times. Its not that this thing has started just few years back. And its worlds rule, the one who is powerful exploits the others. Its not that only men do casting couch even women do it. The one who has power will do it. Its simple rule of the nature. And one offers for you to sleep with him/her its up to you to decide. If success and fame is more important to you then anything else in world then you go ahead and sleep with that person. But if you feel that you can gain success by hard work then you can refuse to sleep. There is lot of difference between casting couch and rape. Casting Couch is where the person agrees for sexual or anyother relationship with other person. The affected person wasnt in anyway forced to do it. If it was done forcefully then its rape. And there are lots and lots of women who make sex and their own body a big step in leaping ahead in career. And if the person with whom you have slept doesnt fulfill you dreams then there is no point in crying foul about it. He/She didnt force you, you agreed on your own and went ahead with it. Its not that there is casting couch only in the film industry, its in all walks of life. It happens everywhere. So its upto a persons character whether he / she becomes a victim of casting couch. This doesnt mean that the person forcing the weaker person for any sexual advances to be good or giving them a clean cheat. They are also 100% faulty in this. Sometimes there are situations where because of unavoidable circumstances a person is forced into it. So all in all it depends upon a persons character and situation of his life. Look what Shekhar Suman has to say about casting couch ot Hindustan Times. http://blogsline.in/dipen http://dipenparekh.blogspot.com

Friday, July 15, 2005

Jokes...

Teacher :What happened in 1869? Student:Gandhi ji was born. Teacher :What happened in 1873? Student:Gandhiji was four years old. Teacher :Ramya and Shilpa!,why are you late for school,today? Shilpa:Madam,I lost a one rupee coin and was searching for it. Teachear:Ramya,what about you? Ramya:Madam,,I was not able to move beacause I was hiding that coin under my feet. Question:What is the fullform of maths. Anwser:Mentaly affected teachers harrasing students Teacher : Now children , if I saw a man beating a donkey and stopped him then what virtue would I be showing ? Student : BROTHERLY LOVE Teacher :Because of Gandhiji's hard work what do we get on 15th August. Student:A holiday Which is the pan in which we cannot fry something?...... japan Teacher :Tomorrow there will be a lecture on Sun.Everyone must attend it.Raju:No ma'm! I will not be able to attend it. Teacher :Why?Raju:My mother will not allow me to go so far!!! Teacher:"Can anyone give me an example of Coincidence?" Johnny:"Sir, my mother and father got married on the same day same time." Teacher: How old is ur father. Sunny:As old as I am. Teacher:How is it possible? Sunny:He became father only after I was born. Teacher:There is a frog,Ship is sinking,potatoes cost Rs 3/kg .Then,what is my age? STUDENT:32 yrs. Teacher:How do you know? STUDENT:Well,my sister is 16 yrs old and she is half mad. Student:(to teacher)Ma'am my pen has run out of ink. Teacher:Go run after it. Teacher:Ramu,get up.How can you sleep in my class? Ramu:I can teacher,if you keep your voice down. Teacher: Where does God live? Little boy: I think he lives in our bathroom. Teacher: Why do you say that? Little boy: Well, every morning my daddy bangs on the door and says, 'God, are you still in there?' Teacher:"What is your name?". Student:"Mera naam Suraj Prakash hai." Teacher:"When I ask aquestion in english,answer it in english." Student:"My name is Sunlight."

Wednesday, July 06, 2005

Funny Newspaper Classifieds...

Top 9 Funniest Newspaper Classifieds (Actual excerpts from classified sections of newspapers)
1. Illiterate? Write today for free help. (man....if only I knew A B C....)
2. Auto Repair Service. Free pick-up and delivery. Try us once; you'll never go anywhere again. (sure...thanx for the warning!)
3. 3-year old teacher needed for pre-school. Experience preferred. (in months or years?)
4. Used Cars: Why go elsewhere to be cheated. Come here first. (check it out)
5. Dog for sale: eats anything and is fond of children. (howwww sweeeet)
6. Man wanted to work in dynamite factory. Must be willing to travel. (wow! A free trip to heaven?)
7. Tired of cleaning yourself. Let me do it. (uh...huh!)
8. Wanted. Man to take care of cow that does not smoke or drink. (hey....who taught cows the bad habit??)
9. We do not tear your clothing with machinery. We do it carefully by hand. (nice work!)

Tuesday, June 28, 2005

Diamonds at Juhu Beach...

One of my friend called up and said “Abe kya kar raha hai - people are getting diamonds at Juhu Beach”. I asked him twice “What?!!” He said “Abe chal there are 100s of people at Juhu Beach and they have found diamonds on the beach.” At first I felt he was just bluffing. But being Sunday thought, chalo lets go and see - it will be a sort of T.P. (time pass). We reached Juhu beach at 10 in morning. It was like frenzy at the beach. People of all sort coming to beach, by car, rickshaw, bus, everything whatever source was available. The beach was full crowded with 100s of people on the beach. We went to nearby stall and asked a 'Bhaiya'. He told us that people are finding diamonds on the beach. The sea was spitting diamonds on the beach. I thought - wow, if its really true then India and people of india would be so rich if all the beaches in such a way started spitting diamonds. But then just used my common sense. People there were saying that some smugglers might have thrown the diamonds in sea fearing of some raid and blah blah. If so was the case, then how did the diamonds swim to the shore. Because diamonds are not porous or so light weighted that they float on water and could be dragged on to the shore. Mumbai's people are so fool!! That they think sea was spitting diamonds. What has happened to Mumbaikars? Even the rich were coming to buy diamonds. And they were purchasing it for Rs.100/- to Rs.200/-. If really they were diamonds, why would seller sell for such a low price, he could have easily gone to some jeweller's shop and sold it in thousands. Didnt the people have this much common sense. I was just laughing at people's foolishness. In the 21st Century also people believe in such rumours. Great are Mumbaikars!! I think I also need to do something like this. I will go to Chowpatty and spill some glass stones of different colors and then sell them for Rs.100/- might get some good amount ;). You need brilliant ideas, there are many fools to fulfill your such dreams and ideas. If you have any such brilliant idea, do send. :D

Wednesday, June 22, 2005

Oddly Odd...

'Menstruating' Boy Baffling medical experts, a 15-year-old boy in West Bengal has been experiencing bleeding akin to menstruation. Media reports on Monday said Tarak, who works as a domestic help in Kalna town of Burdwan district, bleeds from his penis in the second week of every month. During that time, he also suffers from nausea, stomach ache, mood swings and other symptoms of the menstrual cycle seen in women. "The boy has male organs but he has feminine attributes," said physician Sudip Mondol who examined Tarak. "If tests of his blood samples prove the presence of ovum, this would be a rare medical case. "The presence of female functional endometrial in a male prostate gland can cause this type of abnormality," said Pradip Mitra of the West Bengal Gynaecological Society. Tarak had been experiencing this for a year but suppressed the news fearing he might lose his job. He is now under the observation of doctors who will carry out further chromosomal and hormonal tests. Source : http://www.httabloid.com

Wednesday, June 15, 2005

Ask the BIG Daddy

Does your country want to buy petroleum (products), arms and ammunition and you havent taken permission from BIG Daddy? Really bad of your country. How can you purchase something so important without asking the so called BIG Daddy of this world.
Hope you must have now understood, who is this BIG Daddy, if not then its United States of America.
I was fumed when Daddy scolded Pakistan for helping the Indo-Iran LPG Pipeline. Why does America have to interfere in all the matter going around in the world. America have warned Pakistan that if allowed the Pipeline to be laid thru its land they will stop all the aide to Pakistan. Now Pakistan is the country being highest aided by America. So naturally Pakistan will now give a double thought to the project. India on the other hand was going to be benifitted a lot by the pipeline. Would have helped as good energy source and reduced the energy deficit of India. Americans cannot withstand the progress of countries which it doesnt want.
I think we should all ban the usage of any of the American products. 60% of the hi-tech job profiles in America are occupied by Indians. They all should quit and teach America a lesson, do not try to be a BIG daddy for every country.
But for all these to happen our great great politicians need to stop fighting within home and unitedly fight the enemy. Why should the politicians, elected leaders and representatives of the constitution go to a country where they are being whisked like a terrorist. Will our Indian Government show courage of whisking an American politician or elected representative of America?
Now when India is improving its relationship with Israel and is planning to purchase ammo from Israel. Again America warned Israel and asked them to first consult them and then make any deal with India. But Israel rejected it outright.
Will our Indian Government show courage like this? A small country like Israel can keep America on toes why can a country with 100 crore people? But our great politicians are more involved in saving their “Chairs” then thinking of country.
We should all unitedly fight this goondaism of United States of America.

Tuesday, June 14, 2005

Values...

Every human life has meaning because of the value that he is able to add to everything that he does and every relationship of his.
Values are the natural power of good within each one of us.
Values form the basis of our relationships and growth.
We enrich our own lives and the lives of those around us when values come into play.Focusing on these positive qualities/values helps us to transform old attitudes, to gain fresh perspectives and find unexpected answers. They free our path from obstacles and make clear life's opportunities.
Each week we are going to take up one value and explore it in different ways.
Value: love
The one who loves is the one who gives.
Contemplation:
True love is free from expectations. When you discover the love within you, you can continue to give. Whether the other person gives or not, true love enables you to give unselfishly.
Application:
Let today be the day for discovering and giving others the love within you. Make sure you do at least one act that shows your love towards anyone around you. Feel the love flowing from within to the ones around you.

Sunday, June 12, 2005

Dance Bars Closed = Sex Bars Openup

Article Source: http://www.search4india.com Two weeks ago, the state said that while its dance bar ban would aim to stop girls from dancing for customers, it wouldn’t ban them from serving alcohol. Now it appears this decision may backfire on the government. With thousands of bargirls desperate for survival, the state could see a huge boom in sleazy pick-up joints, known as pakdu (silent) bars. What’s are they? Mid Day visited a pakdu bar at Dahisar check naka with a hidden camera. They are dimly-lit places with blaring music, where waitresses, usually between 18 and 30 years old, serve customers (rickshaw drivers to businessmen) food and alcohol. But there’s more to them that meets the eye, as customers negotiate with the girls for ‘favours’. This usually means oral sex, but private rooms are also available. Once the payment is fixed, the girl slips under the table and performs oral sex. She then moves on in search of her next customer. “Yahan sab milega. Pakdu ke saath full time ke liye room, nahin to item ke saath disco mein dance bhi kar sakte hain,” said the bar’s valet attendant. ‘No choice’ Said Madhu, a former bargirl who now works at a pakdu bar, “We have no alternative, as this is what the government has decided for us.” Madhu is the only bread- winner of her eight-member family. Meanwhile, members of the dance bar association claim there are 45 pakdu bars across Mumbai, Panvel and Thane district. They say such places tarnish the image of dance bars, and strongly feel many more pakdu bars will spring up when Governor S M Krishna signs the dance bar ban into law, any day now. Mid Day: http://ww1.mid-day.com/news/city/2005/june/111452.htm ============================================ Govt. and our so called representatives are making ways more easier for the Police and corrupt official to easily take bribes. Whatever bans they put on name of social goodiness, but the business of sex is existing from ancient times. Just that these days its open then those times. And banning wont create any much difference, only thing would be the officers and so called society protectors will take more hafta from those hard earning girls and bar owners. Take the case of Gujarat, which is a so called dry state (seems to be very very funny). Here you can get any sort of hard drink easily, just u end up paying 1.5 times the original cost, thats it. Nothing more. Whats the use of banning things? Its human tendency if you ask someone not to do a particular thing they are more excited about doing it and will any how try to do it. Has those society protectors (great politicians) thought of any sort of earning for those that would be unemployed becoz of this fruitless decision. Nothing, and this would end up more girls entering into business of sex. Just dancing in bars is more better then pushing the girls in business of sex.

Thursday, June 09, 2005

Did you know?

adidas
When the founders of the German sports shoe business 'Dassler Brothers' went their separate ways in 1949, no one would have guessed that they would start two of the biggest global brands of the century. Rudolph founded Puma, while Adolph started Adidas -- a combination of his nickname, Adi, and the start of his last name. The famous three stripes were introduced to the shoes in 1949.
bata
Bata was established on August 24, 1894 in Zlin, Czechoslovakia by Tomas Bata. The company first established itself in India in 1931 and commenced manufacturing shoes in Batanagar in 1936. The Batanagar factory is the first Indian shoe manufacturing unit to receive the ISO 9001 certification in 1993.
porsche
In 1931, Ferdinand Porsche founded the Porsche Engineering Office in Stuttgart. Porsche's production operations are housed in a collection of established buildings on a mixed industrial estate in Stuttgart-Zuffenhausen. The Carrera GT and the Cayenne models are produced at the Porsche factory in Leipzig. In 1944, the engineering arm was moved from Stuttgart.
nike
Bill Bowerman, the legendary University of Oregon track & field coach, and Phil Knight, a University of Oregon business student and middle-distance runner under Bowerman, founded Nike. Nike, when it came into being in 1962, was known as Blue Ribbon Sports. Its first-year sales totaled $8,000. In 1972, BRS changed its name to Nike, named for the Greek winged goddess of victory.
reebok
In the 1890s, Joseph William Foster made some of the first known running shoes with spikes in them. By 1895, he was in business making shoes by hand for top runners; and before long his fledgling company, J.W. Foster and Sons, developed an international clientele of distinguished athletes. The family-owned business made the running shoes worn in the 1924 Summer Games by the athletes celebrated in the film Chariots of Fire. In 1958, two of the founder's grandsons started a companion company that came to be known as Reebok, named after an African gazelle.
sun microsystems
The correct answer is Stanford University Network. In 1981, Bavarian-born Andreas Bechtolsheim was licensing rights to a computer he designed. Named Sun for Stanford University Network and using off-the-shelf parts, it was an affordable workstation for engineers and scientists. In that year, he met Vinod Khosla, who convinced him to form a company and expand. Khosla, Bechtolsheim and Scott McNeally, all Stanford MBAs, founded Sun in 1982.
HMV dog
Nipper the dog was born in Bristol in Gloucester, England in 1884 and was so named because of his tendency to nip at visitors' legs. When his first master Mark Barraud died in Bristol in 1887, Nipper was taken to Liverpool in Lancashire, England by Mark's younger brother Francis, a painter. In Liverpool Nipper discovered the Phonograph, a cylinder recording and playing machine and Francis Barraud 'often noticed how puzzled he was to make out where the voice came from.' Three years after Nipper died Francis committed that memory to canvas.
GM
General Motors Corp the world's largest vehicle manufacturer, employs about 325,000 people globally. Founded in 1908, GM has been the global automotive sales leader since 1931. GM today has manufacturing operations in 32 countries and its vehicles are sold in 192 countries. In 2003, GM sold nearly 8.6 million cars and trucks, about 15 percent of the global vehicle market. GM's global headquarters are at the GM Renaissance Center in Detroit. The GM Group of global partners includes Fiat Auto SpA of Italy, Fuji Heavy Industries Ltd., Isuzu Motors Ltd. and Suzuki Motor Corp. of Japan, which are involved in various product, powertrain and purchasing collaborations. In addition, GM is the largest shareholder in GM Daewoo Auto & Technology Co. of South Korea. GM also has technology collaborations with BMW AG of Germany.
TCS
TCS was founded in 1968 as an internal arm of the Tata conglomerate. The company -- which has locations in 32 countries -- employed some 30,000 workers at the end of 2003. Fakir Chand Kohli, former deputy chairman of Tata Consultancy Services, is universally regarded as the father of the Indian software industry. He has been instrumental in scripting the success story of company. Kohli has been awarded the Padma Bhushan, one of India's highest civilian honours, for his contribution to the Indian software industry. Kohli currently serves on the TCS' executive committee.
Mont Blanc
Mont Blanc has been known for generations as the maker of the best writing instruments the world has known. The German company, over the last couple of years, has expanded its range to include writing accessories, luxury leather goods and belts, jewellery items and even eye wear and watches. In India, the company is represented by Entrack, owned by former Test cricketer Dilip Doshi. Entrack is the sole distributor of Mont Blanc pens and has exclusive outlets in top five cities in India. The correct answer is Simplo FillerPen Company. The company was originally called Simplo FillerPen Company. The company expanded its presence to Paris, London, and Barcelona three years after it was founded and was present in most of the fashionable capitals of Europe. In 1934, the company's name was changed to Mont Blanc Simplo GmbH, after the tallest peak in Europe.Three Germans founded the company in 1906 -- Hamburg-based stationer Claus-Johannes Voss, Hamburg banker Christian Lausen and a Berlin engineer Wilhelm Dziambor. The company's international headquarter is in Hamburg.
DURACELL
The story of Duracell begins in the early 1920's with an inventive scientist named Samuel Ruben and an eager manufacturer of tungsten filament wire named Philip Rogers Mallory. Duracell is the world's leading manufacturer and marketer of high-performance alkaline batteries. Duracell also markets primary lithium and zinc air batteries as well as rechargeable nickel-metal hydride batteries.
air deccan
Bangalore-based Air Deccan has struck a deal with R K Laxman, India's most famous cartoonist, to use his legendary 'Common Man' character as the airline's mascot. The mascot exemplifies the fact that air fares are so low now that air travel is no longer the privilege of the elite few but is very much within the reach of the 'common people'.

Funny...

Height of optimism:
Soldier: Sir, we are surrounded!
Major: Excellent! We can attack in any direction now!
*****
Never hold your farts in. They travel up your spine, into your brain and that's where you get your shitty ideas from!
*****
Q: What did the Gujju mean when he said, "Maro dikro Dubai gayo?"
A: My son drowned.
*****
Q: Who is more satisfied, a man with a million dollars, or a man with six children?
A: The man with six children. The man with a million dollars wants more.
*****
Husband: Do you know the meaning of WIFE. It means...Without Information Fighting Evrytime!
Wife: It could also mean - With Idiot For Ever.
*****
Patient: Doctor, you must help me. I'm under such a lot of stress. I keep losing my temper with people.
Doctor: Tell me about your problem.
Patient: I just did, you stupid bastard!
*****
An American report: We crossed chickens with cows. The new breed simultaneously produces milk, meat and eggs.
Report from France: We crossed flies and bees. The hybrid flies over the trash fields and produces honey.
Report from India: We crossed a melon with cockroaches. When you cut this melon, seeds run away by themselves

Wednesday, June 08, 2005

After effects of storm...

Nine months after the first of three hurricanes crisscrossed central Florida and stranded residents in their darkened homes, hospitals throughout the region are reporting a baby boom, the Orlando Sentinel said on Tuesday.

Halifax Medical Center in Daytona Beach has seen 25 percent more deliveries than a year ago and pregnant women flocking to childbirth classes there all tell the same story.

"There was no electricity, they were spending a lot of time at home, there were candles and -- I'll leave the rest up to you," Halifax spokeswoman Kate Holcomb told the newspaper.

Some women said hurricanes Charley, Frances and Jeanne and their aftermath made it difficult for them to reach their pharmacies for birth-control pills.

Florida Hospital, one of the region's largest hospital groups, has seen a 26 percent increase in births at its Winter Park Memorial since May 20 compared with the same period last year and an 18 percent spike at its downtown Orlando campus.

"We've got our catcher's mitts on," said Jan Wagner, a registered nurse in Halifax's labor and delivery department.

Bizare Death...

At the 1994 annual awards dinner given for Forensic Science, Dr. Don Harper Mills astounded his audience with the legal complications of a very bizarre death. Here is the unbelievable twist of fate that he shared: On March 23, 1994 the medical examiner viewed the body of Ronald Opus and concluded that he died from a shotgun wound to the head. Mr.Opus had jumped from the top of a ten-story building intending to commit suicide. He had left a note to that effect, stating his despondency. As he fell past the ninth floor, his fall was interrupted by a shotgun blast passing through a window. He was killed instantly. Neither the shooter nor the deceased was aware that a safety net had been installed just below the eighth floor level to protect some building workers, and that Ronald Opus would not have been able to complete his suicide the way he had planned. "Ordinarily," Dr Mills continued, "Someone who sets out to commit suicide and ultimately succeeds, even though the mechanism might not be what he intended, is still defined as committing suicide." The fact that Mr. Opus was shot on the way to certain death, but probably would not have been successful because of the safety net, caused the medical examiner to feel that he had a homicide on his hands. The room on the ninth floor, where the shotgun blast emanated, was occupied by an elderly man and his wife. They were arguing vigorously, and he was threatening her with a shotgun. The man was so upset that when he pulled the trigger, but he completely missed his wife, and the pellets went through the window striking Mr. Opus. When one intends to kill subject "A" but kills subject "B" in the attempt, one is guilty of the murder of subject "B." When confronted with the murder charge, the old man and his wife were both adamant, and both said that they thought the shotgun was not loaded. The old man said it was a long-standing habit of his to threaten his wife with the unloaded shotgun. He had no intention of murdering her. Therefore, the killing of Mr. Opus appeared to be an accident; that is, assuming the gun had been loaded accidentally. The continuing investigation turned up a witness who saw the old couple's son loading the shotgun about six weeks prior to the fatal accident. It turned out that the old lady had cut off her son's financial support, and the son, knowing the propensity of his father to use the shotgun threateningly, loaded the gun ¦with the expectation that his father would shoot his mother. Since the loader of the gun was aware of this, he was guilty of the murder, even though he didn't actually pull the trigger. The case now becomes one of murder on the part of the son for the death of Ronald Opus. Now comes the exquisite twist. Further investigation revealed that the son was, in fact, Ronald Opus. He had become increasingly despondent over the failure of his attempt to engineer his mother's murder. This led him to jump off the ten-story building on March 23rd, only to be killed by a shotgun blast passing through the ninth story window. The son had actually murdered himself, so the medical examiner closed the case as a suicide

90/10 Principle of life...

What is this principle? 10% of life is made up of what happens to you. 90% of life is decided by how you react. What does this mean? We really have no control over 10% of what happens to us. We cannot stop the car from breaking down. The plane will be late arriving, which throws our whole schedule off. A driver may cut us off in traffic. We have no control over this 10%. The other 90% is different. You determine the other 90%. How? By your reaction. You cannot control a red light. However, you can control your reaction. Do not let people fool you; YOU can control how you react. Let us use an example: You are eating breakfast with your family. Your daughter knocks over a cup of coffee onto your business shirt. You have no control over what just happened. What happens next will be determined by how you react. You curse. You harshly scold your daughter for knocking the cup over. She breaks down in tears. After scolding her, you turn to your spouse and criticize her for placing the cup too close to the edge of the table. A short verbal battle follows. You storm upstairs and change your shirt. Back downstairs, you find your daughter has been too busy crying to finish breakfast and get ready for school. She misses the bus. Your spouse must leave immediately for work. You rush to the car and drive your daughter to school. Because you are late, you drive 40 miles an hour in a 30 mph speed limit zone. After a 15-minute delay and throwing $60 traffic fine away, you arrive at school. Your daughter runs into the building without saying goodbye. After arriving at the office 20 minutes late, you find you forgot your briefcase. Your day has started terrible. As it continues, it seems to get worse and worse. You look forward to coming home, When you arrive home, you find small wedge in your relationship with your spouse and daughter. Why? Because of how you reacted in the morning. Why did you have a bad day? A. Did the coffee cause it? B. Did your daughter cause it? C. Did the policeman cause it? D. Did you cause it? The answer is "D". You had no control over what happened with the coffee. How you reacted in those 5 seconds is what caused your bad day. Here is what could have and should have happened. Coffee splashes over you. Your daughter is about to cry. You gently say, "Its ok honey, you just need to be more careful next time". Grabbing a towel, you rush upstairs. After grabbing a new shirt and your briefcase, you come back down in time to look through the window and see your child getting on the bus. She turns and waves. You arrive 5 minute s early and cheerfully greet the staff. Your boss comments on how good the day you are having. Notice the difference? Two different scenarios. Both started the same. Both ended different. Why? Because of how you REACTED. You really do not have any control over 10% of what happens. The other 90% was determined by your reaction. Here are some ways to apply the 90/10 principle. If someone says something negative about you, do not be a sponge. Let the attack roll off like water on glass. You do not have to let the negative comment affect you! React properly and it will not ruin your day. A wrong reaction could result in losing a friend, being fired, getting stressed out etc. How do you react if someone cuts you off in traffic? * Do you lose your temper? * Pound on the steering wheel? A friend of mine had the steering wheel fall Off) * Do you curse? * Does your blood pressure skyrocket? * Do yo u try to bump them? WHO CARES if you arrive ten seconds later at work? Why let the cars ruin your drive. Remember the 90/10 principle, and do not worry about it. You are told you lost your job. Why lose sleep and get irritated? It will work out. Use your worrying energy and time into finding another job. The plane is late; it is going to mangle your schedule for the day. Why take out your frustration on the flight attendant? She has no control over what is going on. Use your time to study, get to know the other passenger. Why are stressed out? It will just make things worse. Now you know the 90-10 principle. Apply it and you will be amazed at the results. You will lose nothing if you try it. The 90-10 principle is incredible. Very few know and apply this principle. The result? Millions of people are suffering from undeserved stress, trials, problems and heartache. We all must understand and apply the 90/10 principle. It CAN change your life!

Cheap Life at BPOs - India

BPO or Call Centres are a hit these days. Lots of money involved, and you just need to improve your english and some little other things to get in! But is going in worth it? See some facts: 1. BPO are rightly termed as cyber coolies. The work is too low tech, and adds almost no value to one person after initial training. You attend calls all the time, and its truly maddening. 2. As BPO are mean to serve foreign clients at different clock time, the usualt working hours are at night. You body clock is destroyed and the normal life is completely ruined. 3. You have to listen to nonsesne a lot of times. Many racist and abusive comments will be made, and you are not supposed to answer them back. Anyone will good self esteem cant work in peace. 4. The number of people joining and leaving BPO are huge... as many who joins, leaves soon due to various reasons mentioned above as well. SO they recruit like mad!. 5. VERY ALARMING: The people at BPO are young and indisciplined mostly. BPO is full of live in relationship and cheap flings. The ultimate result of joining a BPO will be easy money cheap sex and negative personal growth. This can hamper your future in big deal, more than you can imagine. HIV AIDS are also in, and you wil be very surprised to see the numbers of infected people if you make a check at any BPO, like convergys, daksh etc etc. A girl who was a BCom dropout and joined a leading BPO of today in early years. She had to sleep with her team leader in order to get promotion, and then it became a habit. Many top management, collegues and even a peon got to have her. A pretty girl herself, she was engaged with a millionaire in some other town. Her parents arranged it. Now her fiancee is spying on her, as he also suspects on her. She admitted to have been involved in several affairs and was very disturbed and had guilt feeling about wht she did. Smoking, drinking etc were too common at her work place, and all her workmates were more or less like her. Her fiancee has not revealed that he knows about her flings or not, but he also manages to have sex with her thrice and now has told her parents to leave her. The resons are still to come for his decision, but she know that her team leader revealed it all to his fiance's spy. Her parents are in deep trauma as she told everything to them, and her father even tried to commit suicide. She confessed that she feel like dying herself, sex has become a phobia for her now, and she is scared of men. There are many similar stories. Though may be topmanagement is not involved in most of them, but cheap sex which destroys the emotional balance of people is quite prevelant in such companies. So, think before you move in to such place, where you get money to destroy your character and hamper your actual growth. Anyway, one cant continue to work in BPO forever due to work type and culture. Young generation beware. Temptations last for few time, but the scars they leave behind are hard to get rid off.

Tuesday, June 07, 2005

Asset boom-bust cycles and easy money in the GCC

THE history of world finance, from Dutch tulips in the age of Rembrandt to Japanese real estate, Internet IPO's, Thai banks and Kuwait's Souk al Manakh shares in our own time, proves that every asset bubble carries the seeds of its own destruction. Leverage is the oxygen of bubbles in shares and property as asset prices soar and leverage is poison gas when prices fall, because easy money triggers a pyramid of debt that must be repaid even if speculators have borrowed funds they cannot service, let alone repay to the go go bankers who financed them in the bubble. In 1989, Japan was the hottest investment destination in the world. The Nikkei had risen from 8000 to 40,000 in the 1980's. Tokyo real estate was the most expensive in the world and the Emperor of Japan's palace was worth more than all the land in California on paper. Japan's banking titans dwarfed their American, British, German and Swiss peers in size. Fifteen years later, the Nikkei is at a third of its 1989 peak. Japanese mutual funds lost 90% of their assets and value in the bear market of the 1990's. The Japanese banking system survived only because the government engineered the biggest experiment of fiscal largesse, monetary case and financial bailouts undertaken anywhere in the world since the Roosevelt Administration in the depths of the Great Depression. Yet the Japanese economy was mired in recession, bankruptcies and despair for 15 years after the collapse of the Nikkei-real-estate asset spiral. Asset bubbles are products of mass-market psychology as much as easy money or macroeconomic distortions. This is definitely the case with the asset bubbles in the Arabian Gulf share and property markets since 9/11. Repatriation of Arab funds from dollars to dirhams, riyals and dinars was accelerated by the fact that when the Federal Reserve Board slashed dollar interest rates to 40 year lows, it triggered off a buying binge on the regional stock markets. Since Alan Greenspan determines the monetary policy of the Gulf, thanks to the de facto GCC currency pegs to the greenback, the post-9/11 credit creation by the American central bank was high octane fuel to the Gulf stock exchanges and share markets on a scale not witnessed since the petrodollar bonanza of the 1990's. Cheap credit, imported from America, was the catalyst for secular inflation in the Gulf because the dollar's 30 per cent depreciation against the Euro and the Yen made the region's imports expensive. High GDP growth, a surge in bank loans for property speculation, excessive bank leverage for IPO's, price hikes in commodities, wage rises, opportunistic price rises by rental cartels — inflation has become a serious problem in the Gulf economies for the first time in a generation. Yet interest rates in the Gulf remain well below the inflation rate because central banks cannot revalue their currencies higher against the dollar. Ibrahim Dabdoub, the CEO of the National Bank of Kuwait, echoed my fears for Gulf real estate when he warned of an imminent property glut in the GCC last week. This is, after all, exactly what happened in Asian property markets in 1996-1997 and the property glut forced values down by 70-90 per cent and eviscerated the regional banking systems. Cheap money enabled banks and financial lenders to accumulate untold billions in speculative real estate loans to developers, real estate speculators and home buyers. Naturally, as long as construction costs were far below selling prices, new supply hit the market with a vengeance, a tsunami of new projects launched amid world class hype and razzmatazz. Yet the economics of supply and demand cannot camouflage the reality of a property glut that no amount of broker deceit can really disguise in the absence of end buyers. Yet while property values have sagged, even plunged in certain markets, new supply from marginal developers continues to erode the wealth of existing homeowners as construction costs remain still far below selling prices. Naïve banks continue to finance developers and real estate punters who are already in essence, bankrupt, if the NBK chief executive, one of the most powerful and best informed bankers in the Arab world, is right about the property glut. This is the point where leverage proves to be cyanide, not oxygen, for real estate speculators. This is the point at which speculators learn the hard way that paper values are meaningless when banks take a long, hard look at their dangerously overexposed and over concentrated real estate portfolios. This is the point at which speculative secondary market transaction vanish. Oversupply in the absence of sustainable end user demand means sharply lower prices, irrespective of artificial support, glitzy media "sold out" ads and desperate broker pitches. As Japan, Hong Kong, Florida and Texas real estate booms since the 1980's proved all too grimly, every property bubble contains the seeds of its own destruction. The May US jobs reports has accentuated the bond market short squeeze, the fabled pain trade on Wall Street. A year ago, when the Fed began to tighten, the yield on the ten-year Treasury note was 4.7% while the Fed Funds rate was one per cent. Now, eight FOMC conclaves later, the Fed Funds rate is three per cent while the T-note yield has plunged to 3.8%, a mere 30 basis point premium to borrow ten year money. Does the data suggest, as Dallas Fed President Richard Fisher observed that the American central bank is in the "eighth innings of a ninth inning tightening cycle". Has the Fed fought and won the war against inflation expectations now that crude oil is $53 but the T-note yields only 3.8%? Is the Greenspan conundrum, rock bottom long dollar rates, an indicator of global recession? After all, yield curves are either flat or inverted in Britain, Australia and New Zealand. The US Treasury yield curve can inverted with another Fed rate hike. Some critical indicators I track — LE1, bond yields, gold, Chinese imports-exports, Chinese GDP, steel, Baltic dry freight shipping index, M2 money supply growth. ISM — all suggest recession risk has risen. But the Fed will not ease as long as US inflation accelerates. There is a crisis brewing in the global financial markets. The European Union constitution debacle was just the tip of the iceberg. The US confrontation with China and Iran will re-inject a fear premium in global markets as 2005 reaches its endgrave. In chaotic markets, independent thinking, not cash is king.