Tag: pain

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Manifestation of education


Education aims at acquiring knowledge.

Knowledge encompasses ,learning,refinement,ethical composure.

Acquiring theoretical base is a minor part of education.

Applying practical fundamentals forms a sizable portion.

Splicing with etiquette  and integrity is the most formidable  function, that renders education spectacular and  sonorous.

Our premieres, ministers, governors of banks, financial Secretaries ,industrial barons, company tycoons,graduated from Oxford, Cambridge, Harvard, Stanford.

These universities  absorbed the best talents, and imparted best lessons.

They sent out graduates ,with excellent track records,  with exemplary academic rewards,with high professional skills, with extraordinary insight,with invigorating spirit..with enhanced  integrity ,and recommended ethical involvement.

These  citadels of learning are far beyond the reach of the commoner.

The elites ,who had and have the fortune of undergoing training in such institutions,have added one more feather to their qualification.

What is it?,

My question , makes you wonder.

I wish to be silent,,leave it to you to find the answer, but my nagging mind forces me to be out with it.

Yes, they are superbly successful in deceiving the people.,by their wily gab,deceitful overtures,and smashing manipulative vices

They have amassed wealth, invested their fortune in no tax zones, extended their fiefdom,by purchasing lands at a throw away price, and dabbled in stock markets, turning it into a bear or a bull in no time.

Did not the reputed universities teach them moral science?

Did not the prestigious institutions instruct them to be genuine and upright in what they do?

Did not the centres of learning  tell them ,that if they indulge in fradulent activities, they will be reprimanded by the almighty?

Do  they not know, wealth secured  by illegal means is a transgression?

 How is it  acceptable to draw a fat salary from a bankrupt company?

The state of  bankruptcy is being authored by the  same high salaried man.

He must be a wolf in a blanket.

How can  we tolerate such imperial incorrigible behaviour ,when the world is being wiped over?

This attitude, go , what may, I remain what I am ,is a condemnable,callous attribute.

I deplore the educated community which is holding the reins of the economic surveillance, and human sustenance.

I am sad.

 

Categories
thoughts

Banish Fear.


Indian Finance Minister has advised people to remain calm.

He says, “For every seller there is a buyer “so deliberate before you sell.

Will anyone think of selling in this  turbulent market?

Does  not selling  stocks seem whimsical at this concurrence?

Shares bought at the height ,will fetch a paltry in lows.

An investment of 25,00,000 .RS ,is now in the level of 12,00,000Rs.

The ups of the sensex  index were mere speculation.

The downs are beyond imagination.

Both are a fallacy.

There is eerie of silence, extraordinary pain, and unfathomable delinquency ,prevalent all over.

In a way, the Public sector banks  in India , are fairly under control.

Their steady advances, low profile status, apprehensive allowances, firm stature,guarded approach,trying regulations ,and definite targets have enabled them to  withstand the bloody streaks.

Economy has run astray in the hands of treacherous politicians and avaricious executives.

A nation cannot  continue to pamper the manipulation and dastardly acts of the governing representatives.

Sobriety and frugality should set in.

Rending cheer to the morale of the people is not sufficient

Asking them to be composed , is a  slipshod compromise,

The real effort lies within the goverment machinery. 

Frugality  in spending, simplicity in behaviour, transparency in transaction, impartiality in advances, methodical in investments, justice to all, financial inclusion of the poor, nominal interest, making repayment of loan a must to all sections,are certain allocations the  Finance Minister has to look into.

I retrospect the restricted era of finance.

I introspect the periphery of liberalised epoch of economy.

I realise the values of self strength,undaunted faith ,inimitable tolerance.

Shakespeare gives me the cue,

 ” No one can master the grief except the one who has it.”

The intrigued investor has to endure the pangs  with stoic fortitude,all by himself.

 

Categories
Economy

Fannie Freddie take over


The Federation has taken over the two mortgage companies.

Fannie and Freddie collapsed a few months ago.

Revamping is going on.

The chief has been sacked.

Nursing an unviable business back to health,is spectacular.

But ,disallowing the company to turn rot ,is prudence.

Stitch in time saves nine.

This is a very popular and pragmatic saying.

 Let us prevent mishaps,before they occur.

If the financials of the two companies had been managed well,disaster would not  have found its way.

There is lot of cheer in the market. Stocks soar,Upward movement is not only in U.S, but world over.

I sit back.

The top query in my mind is “How is it possible?”

The relevance of plausibility is irrelevant.

The destiny of the big companies is important.

They involve  transactions in bulk and in volume.

They embrace a multitude of share holders.

They anchor on the  nation’s credibility.

These answers refuse to  pacify my agitated mind.

The plight of the tax payer irks me.

I am pained.

Who will take care of him?

Will the federation ?-definitely no.

Will the treasury ?-certainly not..

There is no recourse for this poor man .

It is he ,who has filled the treasury’s coffers with his taxable income.

Alas  he turns a scape goat in the hands of top executives.

Power corrupts man.

Money dissolves him.

I see agony, more agony everywhere…

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