Categories
thoughts

Legislation


A debate is going on in U.S.

The Vice Chancellors of universities want the age to be raised from 18 to 21 for drinking.

Most of the mothers have propounded the same idea.

U.S  is down tracking.

Legislation for drinking,

legislation for smoking,

legislation for dating,

legislation for what else.

Can you reform society by law?

Can you  breed culture by enforcement?

The most vulnerable age is 18 -21.

If the mothers and educationists who are debating to raise the age for drinking ,take a little extra care,wonders can be wrought.

Have a close watch on your wards.

Monitor their activities

Be careful not  to overstep your limits.

Do not interrupt their routine.

Give them freedom.

Caution them .

A river in spate has to be checked.

It should not be stifled.

If done so it plays havoc

Let the children , better address them as adults, blossom.

Let not they be suffocated..

.

Categories
thoughts

Ignorance, Ignominy,Stupidity.


Ignorance is bliss.

Ignominy is  brutal.

Stupidity is best.

Very fine definitions.

All are rolled in one.

How will it appear?

How will it perform?

Have you come across such a person?

Well, if not , come with me.

I will show this phenomenal character

You will be chagrined by his ignorant approach.

You will be stupefied by his  stupid looks.

You will be  maligned  by his ignominous  behaviour.

This man poses himself  as an intellect.

He refuses to understand..

Nay, it is not refusal.

It is his mental capacity.

He speaks  nothing rational.

Nay , it is not irrational.

It is his mental instability.

He acts irreverently.

Nay , it is not disrespect.

It is his mental deformity.

Alas, he is at the helm of affairs.

God forbid.

He has ruined everything.

He has wrecked   all.

He has destroyed the future..

This muffled monger  is languishing in his own triviality.

Categories
thoughts

Solemnly beautiful


I was browsing through a fashion magazine. a couple of days back.

 The Delhi fashion week show displays caught my attention.

They were a fusion of western and southern dress.

 Two dresses were tagged as “Best for parties”.

The other one was for weddings.

I was totally bowled over after seeing the prices.

One was as high asRs 19,500.

The second one was quoted as Rs 22,500.

The third one was priced as Rs 40,000.

The materials used were pure Kanchi silk, and chiffon.

I turned the pages.

My eyes espied a twenty year old girl done up in a Saree.

It was a pure hand loom cotton Saree starched and pressed,.she was wearing a traditional  choli.

Her  long hair was plaited .

She wore minimum jewellery.

A red kumkum sign  was on her forehead.

She was a typical portrait of  respectability

I  hurriedly went back to the pages of Delhi fashion week.

I found a lot of difference,

There was  much of ostentation and shine.

The twenty year old stood out from the crowd.

I folded my hands as a mark of reverence.

She was solemnly beautiful.

Categories
Economy

Wondreful mechanism.


Market volataity is unprecedented.

Hot money is playing truant.

Commodities have been pushed up by deploying  the bout of fresh currency.

The sudden withdrawal has let oil limp.

We see the stocks rise.

Oil’s  retreat is perceived as an answer to the law of supply and demand.

The conception therefore is there is less demand for oil and more production.

India and China are the primary consumers.

We see no fall in their demand.

The economy slowdown  in U.S is another vital element  that is pulling the prices.,argue the market pundits.

U.S is bleeding.

U.S. economy is in disarray,

The slump in oil price is  due to clever scheming and dirty tricks.

This manipulation is the brain child of U.S.

Categories
thoughts

Disenchanting Galore.


Cities are classified according to their importance.

Delhi is the  political capital of India.

Mumbai is the financial capital .

Bengaluru is the hub of Information technology.

Chennai is the Detroit of India.

Coimbatore is the home of textiles.

Kolkatta pops up as the  cultural center.

Pune is a rising city.

Madurai ,the ancient city,  is familiar for its temples,unfamiliar otherwise.

The quint essence of this city is quietness.

It is not affected by any modern alchemy.

It is vulnerable to politics.It is a political  hotspot.

The  first week of August,made Madurai rock and tremble.

Banners and posters were displayed in each and every corner of the city, to welcome the Chief minister of Tamilnadu.

Cut outs of The Chief Minister ,in all postures (Sans his sleeping pose) were put up.Life size figures of his son Alagiri and his family were erected.

In one or two places we could find the portrait of his mother also.

Loud speakers were blasting his praise

Madurai ,from time immemorial ,is called as Meenakshi patinam or City of Meenakshi.

Now  the DMK functionaries have dubbed it as ALagiri Kottai or THe Fort Of ALagiri.

The whole  affair is  full of distaste, The outcome is nauseating.

Does Karunanidhi represent the people?

Is he an elected Chief Minister?

or

Is he a sovereign power of Tamilnadu?

Has he appointed his sons as  Chieftains ?

Humility pays in the long run.

Audacity claims short lived glory.

Categories
Economy

A year of credit crisis


The financial system is in  disarray

The sub prime mortgage crisis has gone global.

Credit crunch has begun.

8 U.S. banks have failed.

Consumers  are in despair.

Assets have depleted.

Assets in the form of home value  has gone down,stock portfolio has tumbled.

The balance sheets post negative results.

Wages are stagnant.

Food and energy prices are climbing.

There is pain , more pain all over.

Inflation is pitching high.

To contain inflation paper money is printed.

This is a very unhealthy sign.

An entity like a government body should enter to sort out the crisis.

Wonders cannot be wrought  in short span.

Recovery is way ahead.

By 2010 ,the economy will become pretty sound.

 

 

 

 

Assets in the form of home value going down

Categories
Economy Uncategorized

Casting a horoscope.


Following th e stock market,has made me very accurate in prediction.

If dollar tumbles, I will at once know that crude oil will rise.

If crude rises , it will pull with it Gold and silver.

So saying ,  I cast the horoscope of  the stock market.

On what basis should the horoscope’s chart be calculated.

Shall I follow the moon sign or sun sign, South Indian or North Indian,B.V. Raman or Lahiri. .

I deliberate.

I decide on Kerala astrology.

I cast the horoscope.

 My Inference-Stock market  will continue to rally for some time, then it will settle down.

Dollar will be replaced by some other currency.

Remedies I suggest,

Be patient . Patience is a virtue.

Do not buy nor do you sell.

Astrological consultation is totally free.

Categories
Economy Uncategorized

Arrogance of a bank


A story  of an entrepeneur.

The sundarams of the temple city in South India,are first generation of entrpeneurs.

They are a very enterprising couple, known for their integrity and dedication.

As early as 11991, they promoted a spinning mill in the outskirts of their city.

The biggest bank in India The State bank of India accepted to finance their project.

The Sundarams  were  excited. The commercial production started in mid june.

The bank had given them a term loan and promised to sanction the working limit as soon as the manufacturing process starts.

Thebank did not keep up its words.

The Sundarams were disappointed.

They in their enthusiasm to make the unit get on the wheels,had given the factory, lnd and another valuable property as colatral.

The bank ,after much persuasion ,released 10 lakhs on adhoc basis ,when the need of the hour was 38 lakhs.

The promoters  were compelled to run the show,with little funding.

After 10 months, the balance was released.

The initial set back was pinching.

unmindful of the bank’s callous attitude the company worked in full swing.

It employed nearly 100 people.

It produced weft quality yarn,which found a ready market in Ichalkaranji, Bhiwandi and malegoan.

Unfortunately, textile industry  was slowly losing its momentum. recession set in .The promoters were in a fix.

The Sundarams  wer prompt repayers so far.

After 6 years of full production, the unit falterd.

The  interest  was very high nearly 23,5%.

The management was in a deep stress and strain.

The bank refused to help them.

Thecompny became a Non performer.

To keep the pot boiling, the management pumped in its own funds.

They could not prolong further. The bank filed a case in debt recovery tribunal.Shutters were brought down.

Workers were given compensation ,

All obligations were fulfilled.

An one time settlement was rached.

The promoters borrowed money ,sold some other asset  to settle the score.

But the final payment got delayed by 3 months.

The bank accepted the payment.

it transferred the amount from no lean account tothe company’s account,

The statement showed that there was nil balance in the account.

A year and half has passed, the bank has not released the documents.

The sundarams  are desolate and writhing with anger.

They get no proper response from the officials.

The Shylockian syndrome has surfaced.

The bank is demanding more.

The bank is holding the document and the money.

Many defaulters go  free.

The genuine repayers face the brunt.

The world should know about it.

.

Categories
Economy

Financial Inclusion


The Indian Finance Minister has asked the poor not to go to money lenders. If they approach the private financiers, then he ,in charge of the finance portfolio is a failure.
Well said,Mr.Palaniappan Chidambaram.
Admitting one’s defeat needs courage and grit.
The Indian FM has almost accepted his shortcomings,though belatedly.
IS the honourable minister not aware of the interest charged by the private bankers?
The poor run from pillar to post seeking financial assistance.
Having been turned down by the banks, they resort to money lenders.
The loan sharks charge abnormal interest. Some even collect interest for a day.
Getting money from such people is immediate, has less procedures,and saves time.
THe Indian FM has promised financial inclusion for the poor in the banks.
They will be charged 10% interest.Even this is little high.
I recollect,Bernard Shaw’s words
Lending money for interest is second to prostitution.