Month: December 2008

An Old Lady’s Economy.

Economy is a study of human behaviour as a relationship between ends and scarce means which have alternate uses.

I came across an Old Lady whose economic policy was astounding .She had no scarcity and she found alternate uses to available resources.

Her bank was her metal box. Her resources were the revenue she got from selling flowers , fenugreek leaves,that grew in her garden. She had cows at home. She did not sell milk, but sold butter milk and ghee.

She kept her sale proceeds of her goods in tiny baskets with covered lids.Each basket had a different colour, so she could easily identify them. The flower sale proceeds were put in a pink basket, the fenugreek leaves money in a green one , the buttermilk income in a yellow kottan, the name given to the baskets in her village.

Everyday , she counted her accruals, The expenses were met out from the revenue. She had a host of staff around her. They had to tend the cattle, take care of her garden and had to guard her sprawling bungalow.

She also drew income from her paddy fields. She collected the revenue., without any delay.

Her practice was to buy gold ,say about 250 grams and 2 kilos of silver,every month. The balance of her profit was deployed in the upkeep of her properties.This she followed meticulously ,no matter the rise in prices of the precious metals.It was cash and carry system she adopted.

Her hard work yielded wonderful results. She had no calculator, no software programmes to compute her accounts, no auditor to compile details.

She was her own self proclaimed manager,accountant and banker.

She had the safe room key in her small cloth bag and the metal box key adjoined to her chain round her neck.

Her economy was robust, healthy and strong.She had acquired enormous wealth.

Her investment acumen calls for attention.The simple economics ,she professed was an ideal model to be adopted .

Tags Economy

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Erroneously Negative.

Madoff scandal ,its exposure and its harsh predilections on the investors make the already blood swooned economy into a hideous defunctive prologue.

Madoff was the top market maker firm in Wall street.and also had an investment management business.

It is the largest investor fraud ever attributed to a single individual.

Spanish Swiss, french and Italian banks have lost over a billion of U.S. dollars.

Madoff’s techniques are maddening.He paid bonus to his staff, when h could not repay his investors.His firm paid for the order flow,which was paying to a broker to execute a customer’s order through Madoff.

His business ethics is questionable.His firm was active in the development of NASDAQ.

Madoff’s performance in hedge funding was beyond comprehension.

He did not follow the norms and strictures. he formulated his own alibi,.

He had a remarkable track record.His clients had a complete trust in him, He had artfully built an congenial atmosphere, by dispersing high consistent returns,. He manipulated his high contacts , that most of his customers entrusted the family fortunes with him.In November 2008, when there was a collapse i, his funds were reported to be 5.6% above.

Madoff played amorously on the gullibility of the investor.

The list of his affected clients runs into pages. The amount he has defrauded runs into billions. The charities which had invested their funds in his firm have got stuck up.

Madoff has been arrested.and he is facing a trial.

His properties have been attached. The affliction is a big blow to U. S , in general and the wall street investors, charities and individuals in particular.

His perfidy has knocked the entire economy. He has evolvea novel theory to cheat his customers, He has done it methodically, carefully and built a fair and favourable business momentum and an investor friendly symbolism, then gradually withdrew a portion of the accumulation in a phased, unpresumable diligence.

He has paid the price of greed.

Tags Fraud

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The I in you

The I in us is always up in arms.

“It is I who did it, it is I who found it,it is I who spoke about it, it is I who worked for it, it is I who scored high, it is I who caught sight of it.”-goes on the I parody.

We take unusual credit for each and every single deed.

But if anything goes amiss, the I leaves us in a quick relativity.

We mumble,” Really, I do not know, I am not aware of it, I did not see”, so on and so forth, to escape slander.

Why this peculiar affinity to I?

The ego in us centres around self esteem . It is an inflated sense of self worth It is one’s self.

We take pride in ourselves, in our things, in our possession and in our capacity.

This is predominantly visible in our civic sense., in our attitude in common places, in our behaviour in public offices, in our approach towards others.

We keep our houses clean , but throw the dust in the streets.

We restrict our spitting and shouting at home, but freely allow them in common precincts without any hesitation.

We forcibly push through the queue , to get things done,.We exhibit fierce conduct and tempestuous rashness.

The I in us shoots up , with an unexpected tempo, that we tend to forget, that the I becomes You ,in the context of a convention .

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Tags Ambiguity

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An Appeal To The World

This is a sincere application put forth to the governments worldwide.

It may sound peculiar, may appear out of context, may seem to be intangible, may annoy most of the top ranked politicians.

After following the analysis of economists, and after watching the rapid meltdown of world economy ,I am forced to put forth a theory.

I am no research scholar, not a management guru, not abusiness analyst, but a mere citizen, aware of the misdoings, the defaults and downturns.

Judiciary, world over, is a separate constituent .

It is not bound by the governments, politics,and the rich.

It acts independently and most of the judgements are above criticism.

The governments change over a period, get toppled, become shaky, and in certain countries there are coalition ministry.

This change in situation compels shuffling of the administration. The machination undergoes an absolute reschedule and the focus and prerogatives get a jerk. We see a new articulation.

The economy shifts. It has to modify to the changed scenario. The policies and principles adopted by the previous governments,are transformed.

A different edition is prepared , which sends the whole set up reeling.

The frequent adjustments and the administrative intrusion threaten economic growth.

Economy requires a sustained development and a pinpointed syllabus like judiciary.

If such stipulation is arranged a beautiful world economy will unfurl an invigorate the growth stimulus.

Tags Economy

reverberation

Diffused in Music

I placed myself , in a most vantage position, away from my telephone, from my PC and range bound from my domestic staff.

I dug through my collection of CD’s . I took out my favourite Kriti, ‘nannupalimpa ‘rendered by Maharajapuram Santhanam.

Mohanam, is the key raga , the property of the Maharajapuram school.

Raga Mohanam is an alluring . an enchanting,and an enticing beauty

Listening to the particular rendition, I got intoxicated and bewitched.

Thiagaraja ,was in the midst of his daughter’s marriage. The rituals were taking place. The saint was little distracted. as his eyes were looking at the Cauvery river ,which was majestically flowing,, He was eagerly waiting for his disciple Venkataramana Bhaghavathar.He got worried. He could not participate in the ceremonies whole heartedly.His mind became restless.Then, as though it was an apparition, he saw Venkataramana Bhagavathar wading through the deep waters, carrying aloft the idol of Sri Rama.

Tyagaraja,in ecstasy sang the kriti “nanupalimpa. nadachivachitivo”.

He saw, Lord Rama, striding imperiously, negotiating the fluent flow of Cauvery, and entering the wedding pandal.To him ,there was no sign of anything tangible. The bridal pair, the relatives, his prime disciple, all submerged into Sri Rama. He saw the Lordeverywhere, in every face.

He cried Rama, Rama,in deep bhakthi.He felt that SriRama had descended from Heaven , to bless his daughter, in response to his invitation.Tyagaraja ,extolled.,Lord Rama’s coutesy as he had condescended to grace the occassion,a blessing unexpected, unheard and unimaginable

As Tyagaraja felt the Divine Presence.,I experienced the same stimulating sentiment ,while I listened to this beautiful song.. I was enthralled , exhilarated and lost myself in reverie

Oh ! Rama ,transcribe the most exquisite of all emotions, translate the most lovable of all experiences, and transcend the most celestial of all beings.

I see Sri Rama alone.

Tags Divinity, Music

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The Economic Cycle.

The major forces that motivate human actions return in cycles.

These forces are religion, science, philosophy and curiosity and the latest addition is economy.

Recurring events are a natural phenomenon.

A year comprises of a cycle of seasons, summer, spring ,autumn and winter

In chemistry it is pertaining to a compound that contains a closed chain or ring of atoms

The repeated patterns in music makes the listener to concentrate with great intensity.

Botany points towards the formation of a whorl, example, cyclic petals,cyclic flowers.

Certain poets imitated Homer and kept within a circle of a single theme, thus enhancing the serenity of the epics.

Linguistics are guided by the application of a rule.

Human life., is governed by repeated events, birth, growth,and death.

Economics is a study of production, distribution and consumption.

Economic cycle refers to the fluctuation of economic activity.

It is punctuated by rapid growth and relative stagnation.

To avert cyclic recessions , we have to evolve a theory , insulated ,from political supervision, elite intervention,lobbyists interpretation , and government interference.

Artificial abundant credit subsidizing and unsustainable over investment has landed economy in a soup.

Cyclic progression is a manifestation of nature.. it is a natural evolution, a general requiem.

Tapping the energy , utilising the resource, striking the chord, at the appropriate period , will lead us to a suhanubhava in life.

Similarly economic evolution can be envisaged by linking firms, technology , innovations and developments in one core medium.

Economy should be disconnected from Politics. It should work as an independent body,with the motto of ‘Progress’

Political dominance, , controversial interference ,,and tricky media will suspend the rapid stride of economy, which has to be nonchalant and infuriatingly creative.

Tags Economy .bitter

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A Serene Solitude.

”What is this life , if full of care ,

No time to stand and stare.”

These lines are an exact depiction of the years , when my children were around.

I was up at 6 in the morning, taking one child to the bath, waking up another and stroking another gently.

The eldest was a real imp. I had to coax , cajole and finally shout at him to do the morning chores. He would push his books and exercise notebooks into his school bag, gobble his breakfast, drink his cup of milk in one big gulp, and rush to the gate.

I slipped into my couch, it was not to be long, my second one was up in his arms. Ma , he shouted “it is getting late”. I rushed to the bath, tucking , my sari, gave him a hurried cleansing. He was a determined , diligent child, but at the same time very stubborn. He took his own sweet time . to break his fast.,and refused to take his milk. I forcibly poured the milk down his throat. But before he could wipe his mouth, his school bus was honking and the driver was calling out. He made a mad dash.

I waved and leaned on my gate, when the little one slithered near me, with a mischievous grin. I took him in my arms, smothering him with kisses.He babbled something unfamiliar, and gave a doting look. I slowly prepared him for his morning sojourn at play school.He cried hoarsely ,and the play school was jolted by his shout,when I dropped him.

Today, unusually all these anecdotes cross my mind

My children have flown away,have taken wings.

My house is a ghost of what it was.There is no noise,no activities,no movement.It is silent, sober, and sullen.

I go to my first son’s bedroom,look at the photographs on the wall,he posing as captain of his college Tennis team. Drying my moist eyes, I enter my second son’s room.The cups and shields,displayed bring back nostalgic memories of his prowess as a most competitive student. Controlling my tears, I step into my little one’s . A grand decor greets me. His eye for art, his choice of furniture, his study desk with his portraits,and a small library talk volumes of his qualities. I burst out, I cry uncontrollably..

I rush to my own bedroom,I sob, I whimper a fondling hand embraces me,that of my husband.

I pour out my feelings, but my husband is a silent participator- in both joy and in solitude,

That makes a difference.

Tags Solitude.

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A Pack Of Falling Cards.

Friday beckons Banks collapse in U.S.

25 , banks have so far failed.

They crumble like a pack of cards.

The queries and comparisons to bank failures in 1930 and 1989, seem frivolous.

Looking back , recollecting the experiences, reflecting on the woes, and brooding over the dead ,has become a trend of the day.

Drawing comparisons, inclining to find consolation in the previous failures. reconciling to the present dreadful scenario by relating to past debacles is but an inevitable acceptance of the severity of the crisis.

The major cause for the dwindling economy , is mismanagement, greed and over confidence.

Loans have been advanced without proper appraisals

Money had been disbursed in haste, for very low interest.

Extreme superiority and indulging arrogance and conniving deceit has led to the fiasco.

Banks failures are to be taken seriously ,as it predicts the total stagnancy of the treasury.

If treasury becomes an empty repository, then where will the country nestle snugly ?

such .

Tags Economy

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Environmental Hazards

Navigating through a crowded street in my home town, I found the most detestable practices in its full form.

The street was a hub of trading activities,

Lorries and go carts were plying up and down, unloading fruits, vegetables, coconuts and groceries.

The load men were spitting on the road, the drivers smoking beedi and cigarettes, and the female vendors also added to the disarray by spitting betel juice.

The whole area was messy, strewn with vegetable left overs The stray dogs and the loitering cows were having a sumptuous feast, feeding on the discarded vegetables and fruits.

Dogs looked shabby, with bruises all over and the cows were smelly and malnourished.

An important commercial area looked so ghastly and horrible.

Is it advisable to buy and sell the consumer goods in such a stinking unhealthy environment?

When complained ,the health authorities turned a deaf ear to the pleas of the citizens.

They are appeased by the handsome give outs by the shopkeepers.

In the milieu,individual satisfaction overwhelms collective discontent..