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subscriptions thoughts

Common Cold-Then And Now.


Cold is an infection that keeps on meddling you time on and time again. People .like me in my childhood had a perennial water supply from my nose. I was not put on any antibiotics, any special diet, nor quarantined from  my siblings. Cold and I grew together. In the mornings , I had starting trouble. my nose would be blocked , my voice choked,thus no sound came out. Half asleep , I would be dragged from my bed, given a tepid bath, hair combed, and I was dressed up for my school. An oil bath was a must on Tuesdays and Fridays. I used to struggle ,shout,but nothing worked. The oil bath was performed with exact   measure of oil warmed with  a fragment of garlic, a small piece of red chili, pepper and jeeragam.THe oil was profusely applied on my head and body,. I was made to sit in the bathroom for fifteen minutes. Then  shikakai  or soap nut powder was rubbed , to remove the oil. The shikakai was mixed with rice boiled water. The bath used to be warm.  My cold appreciated. in leaps and bounds. proceeded to school with a big towel in hand. My friends used to make fun of me.I did not mind their provocation, instead , threatened them ,that if they continued their jeering , the infection will catch them. That was the way , I was brought up. in strict military discipline along with the sense of pride and independence.In course of time the cold virus, baffled by the treatment and contempt meted out   bade farewell to my system. Immunity developed by itself. I grew hale and healthy.

In recent times, if a child sneezes , the parents rush to the doctor, who prescribes, antibiotics, paracetamol, and cough syrup . The child has to take thrice a day , for five days. The child is  given a sponge bath, and put in a separate room. She is not allowed to go to school, instead put in bed with warm clothes and socks. The child is made to feel pretty sick. The confidence is lost. The medicine weakens the system, kills the appetite and renders the child helpless. After five days , she is allowed to have restricted movements. A week later the child goes to school, half tired . A week’s activities is lost.

Feed the cold and starve the fever is the maxim that comes in my mind. Leave the  cold to itself . It will disappear in a week’s time. Cold in small children is a growing symptom, that gradually diminishes as the child advances in age.

  

 

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Economy subscriptions thoughts

Investors Made Scape goats


Jose Vinals, a senior official in IMF,told a news conference that banks should hold the equity buy backs and the dividend payouts. They should resist these temptations,as they have started to make profits ,so to conserve capital, adds the executive. 

A vital statement at this stage, when the banking sector is turning around. This renaissance was enabled by the stimulus package and regulations. The injection of billions into the industry has revived the dying functionaries. The call by the official  is a significant reminder, compelling the executives to work in a disciplined ,diligent method.

Deploying funds in the equity buy backs should be restricted. This measure would thoroughly ensue building up of the reserves. The conservation of capital can be programmed by declining bonus,by stalling hike in pay packages, by compressing the  internal expenditure of the institutions. Cost cutting in establishment charges, in adopting frugal norms in travelling , simplicity  in conducting meetings., should also be implemented to bring down the outflow of funds.

Vinals suggestion to stop the dividend pay outs ,propounds a serious harm to the investor, who did a service to the bank, by putting his funds  in the stocks. He did so with a futuristic desire, of getting good returns. If that right is denied to him,what will be his status?His money gets locked up He has to limit his spending. Is it not a severe punishment?He has to face this ordeal, for no fault of him.

X commits a sin. But Y is penalised. The banking executives did all incredible manipulations. They emptied the Bank’s treasury, but filled their own coffers.They enjoyed hefty salary, relished in high perquisites , revelled in unaccounted money ,brought disgrace to the institutions as such  ,the capital got eroded, the reserves depleted resulting in  a crash of the financial system. All these while, the shareholder ,unable to control the illegalities , sat with hands folded in mute shock.

He started feeling happy, when the companies in which he invested , achieved a refreshing look with their stability reinstalled,and profits accruing. He expects a moderate dividend. But , I anticipate , that small assuage would be stoutly denied by the officials. He has to once again resign to the role of a dumbbell.