Saturday, April 11, 2009
Sainath on the f******* Indian Media
Friday, November 28, 2008
Change must come from within.................
Saturday, October 18, 2008
Is bailout really neccessary, no I don't think so.
Say Mr.X has taken a loan of $200,000 from a mortgage firm for buying a house. The mortgage company in order securitize the loan, converts the it a bond and sells the bond in the open market. The bond is bought by an investment bank or a mutual fund or a pension fund since it offers good returns. In order to securitize their investment, the entity which bought the bond insures it with an Insurer. when Mr.X defaults, then it sets off a chain reaction which affects all those involved in the chain of events, i.e. the mortgage company, investment bank & insurance company.
The guys with with fat pay checks in Wall street never cared about the fact that this vicious chain may crash. All that mattered to them were profits, never the means to achieve it. Wall street being the brainchild of capitalism came up with a master plan to save their skin from this economic breakdown. The US government $700 billion bailout save only the financial companies from bankruptcy and leaves Mr.X in total disarray.
The bailout has put a double burden on the common man, first $700 billion has been made raised from the tax payers money which includes Mr.X's contribution also. We need to remember Mr.X has been shown door from his house has he has defaulted his payments. His house would be auctioned off now and say it is sold for $50,000. Mr.X still has a liability of $150,000 to his mortgage company. In other words he needs to pay for the house he doesn't have and also he has to pay for preventing the financial institutions from crashing, the very same institutions which has left him in lurch. These guys do have a lot of brains.
Had this bailout not happened the entire world economy would have collapsed and a new world system might have been formed. Of course we would have faced many problems, but I sincerely believe it might have cut off the wings of Capitalistic Imperialism. The bankers have made sure that this didn't happen and Capitalism continues to thrive so that they can reap it's benefits.
Thursday, October 16, 2008
Friedman points to Gandhian ways for recovery
Gandhi had always argued same, it is called the Means and the Ends concept. i.e. it is not enough that we must have a very high goal, but the means we employ to achieve the goal is equally important. Though I am not a great fan of Gandhi, I greatly admire him for this particular trait. I believe at this hour when one of the biggest ever economy crisis of post World war II era is slowly catapulting, this concept of integrity is very important to improve not just the economy but the living standard of the entire world.
Wednesday, October 15, 2008
Bailout is neccessary
The increasing liberation policies and complex instruments make the functioning of banks and economics incomprehensible to an ordinary man and is really tough to expect him to analyze this situations beforehand, when seasoned economists themselves have been left confused. The bailout in turn must be followed by stricter regulations of the market and trail of those responsible.
Saturday, October 04, 2008
Be a bit slow, Mr. Chidambaram
I believe a detailed discussion must take place before any action is taken, let's hope Chidambaram doesn't act in haste. One thing which worries me a lot is the fact that BJP are also neo-liberal and this could prove a boon for P.C. It is upto each and everyone of us (Indians) to make sure that we follow the progress of Pension Regulatory Development Authority Bill, Banking Regulation Amendment Bill and the Insurance Amendment Bill.
Friday, October 03, 2008
This was how A.I.G. went down
The article gives an immaculate picture of how Joseph J. Cassano and his 376 member AIG financial group, stationed at London, bought about the demise of the parent company via Collateral Debt Obligations(CDO).
I am still unsure whether the $85 billion bail out by Fed is enough to sustain AIG, because with the number of home mortage defaulters increasing, the CDO liablity of AIG to its clients is bound to increase.
From latter part of the 20th century, the way economy is running has become incomprehensible to a common man. I believe if we want to improve this world, knowing economy is one of the most important things. Time to buckle up and do some reading.
Thursday, September 11, 2008
NSG's approval, a step foward
Nulear Suppliers Group (NSG) has agreed to waive the restrictions for the supply of Nuclear fuel, reprocessing for India without any restrictions on our Nuclear Arms programs. Any ban or revoking of fuel supply, reprocessing techniques, in case of India restarting Nuclear arms programme, be based on the consensus of 45 member NSG. Consensus is highly unlikely since India can bank on some nations like Russia, France for help.
The unconditional waiver by NSG is certainly a significant achievement for India as a nation. Let's not forgot the fact that NSG formed as a response to the Nuclear tests conducted by India, at Pokhran, in 1974. Also one of the primary motives of Warsaw plenary of NSG in 1992 in adopting the full safeguards agreement was to deprive India of nuclear fuel. The diplomacy and negotitations carried by Foreign Secretary Shiva Sankar Menon, Chairman of Atomic energy commission Anil Kakodkar and his team has been comendable.
NSG waiver doesn't no mean that we are going to have a cake walk, instead it is actually a path treaded with lot of landmines like Berman.
What irks me is the blatant criticism from all quarters that the waiver surrenders India's sovereignty. For those who pose a question like that, please answer the below questions,
1. Did the atom bombs possessed by us in any way deter the Terrorists attacked Indian parliament on December 11, 2001. We didn't even retaliate by destorying the terrorist camps in POK and the fact which has to remembered was that BJP was in power then.
2. Has our nuclear arsenal made China to withdraw from the Indian territories occupied during the 1963 Indo-China war? Or has it made China recognize Nagaland as a state of India?
3. Has our nuclear arsenal helped to solve the internal problems like Maoists, ULFA & Naxals? (I will not criticize these groups, will discuss about them in a separate post).
4. Or has the principles of left made West Bengal one of the prosperous states in India? I am not against the principles of a socialism, I am indeed one of the most ardent socialists. The fact is I believe the CPI(M) is not a proper representatives of the socialists.
One thing which the so called communists tend to forget is that the NSG waiver is an absolute neccessity to procure fuel from any country, including Russia.
In our country millions of people are living without proper food, water and shelter. At this time, do we really need to test more nuclear devices and announce to world that we are a nuclear power house? Just ask yourself..
Monday, July 28, 2008
Girl who slapped the entire mankind on face
The transcript of her speech is below,
We are a group of twelve and thirteen-year-olds from Canada trying to make a difference:
Vanessa Suttie, Morgan Geisler, Michelle Quigg and me. We raised all the money ourselves to come six thousand miles to tell you adults you must change your ways. Coming here today, I have no hidden agenda. I am fighting for my future.
Losing my future is not like losing an election or a few points on the stock market. I am here to speak for all generations to come.
I am here to speak on behalf of the starving children around the world whose cries go unheard.
I am here to speak for the countless animals dying across this planet because they have nowhere left to go. We cannot afford to be not heard.
I am afraid to go out in the sun now because of the holes in the ozone. I am afraid to breathe the air because I don't know what chemicals are in it.
I used to go fishing in Vancouver with my dad until just a few years ago we found the fish full of cancers. And now we hear about animals and plants going exinct every day -- vanishing forever.
In my life, I have dreamt of seeing the great herds of wild animals, jungles and rainforests full of birds and butterfilies, but now I wonder if they will even exist for my children to see.
Did you have to worry about these little things when you were my age?
All this is happening before our eyes and yet we act as if we have all the time we want and all the solutions. I'm only a child and I don't have all the solutions, but I want you to realise, neither do you!
- You don't know how to fix the holes in our ozone layer.
- You don't know how to bring salmon back up a dead stream.
- You don't know how to bring back an animal now extinct.
- And you can't bring back forests that once grew where there is now desert.
Here, you may be delegates of your governments, business people, organisers, reporters or poiticians - but really you are mothers and fathers, brothers and sister, aunts and uncles - and all of you are somebody's child.
I'm only a child yet I know we are all in this together and should act as one single world towards one single goal.
In my anger, I am not blind, and in my fear, I am not afraid to tell the world how I feel.
In my country, we make so much waste, we buy and throw away, buy and throw away, and yet northern countries will not share with the needy. Even when we have more than enough, we are afraid to lose some of our wealth, afraid to share.
In Canada, we live the privileged life, with plenty of food, water and shelter -- we have watches, bicycles, computers and television sets.
Two days ago here in Brazil, we were shocked when we spent some time with some children living on the streets. And this is what one child told us: "I wish I was rich and if I were, I would give all the street children food, clothes, medicine, shelter and love and affection."
If a child on the street who has nothing, is willing to share, why are we who have everyting still so greedy?
I can't stop thinking that these children are my age, that it makes a tremendous difference where you are born, that I could be one of those children living in the Favellas of Rio; I could be a child starving in Somalia; a victim of war in the Middle East or a beggar in India.
I'm only a child yet I know if all the money spent on war was spent on ending poverty and finding environmental answers, what a wonderful place this earth would be!
At school, even in kindergarten, you teach us to behave in the world. You teach us:
- not to fight with others,
- to work things out,
- to respect others,
- to clean up our mess,
- not to hurt other creatures
- to share - not be greedy.
Do not forget why you're attending these conferences, who you're doing this for -- we are your own children. You are deciding what kind of world we will grow up in. Parents should be able to comfort their children by saying "everyting's going to be alright" , "we're doing the best we can" and "it's not the end of the world".
But I don't think you can say that to us anymore. Are we even on your list of priorities? My father always says "You are what you do, not what you say."
Well, what you do makes me cry at night. You grown ups say you love us. I challenge you, please make your actions reflect your words. Thank you for listening
Thursday, February 21, 2008
Rs.200 can change the life of this guy....
Last week, I met a boy named Soundrapandian in a village called Elanthugudi, near Mayiladuthurai. My friend’s dad who is a school headmaster bought Soundrapandian to my notice.
Soundrapandian finished his MCA with First Class in 2005. So, what is so special about him? He might have passed the exams, but still has got many difficulties which need to be addressed. This guy is crippled with Polio to an extent where he cannot walk even with crutches. Worse still is his parents who were taking care of him are no more. He was under the care of his elder brother who also passed a few years ago. He has got a younger brother who also is crippled with Polio. Though his younger brother can walk, he cannot climb stairs, not even board a bus. Being the eldest son in the family, Soundrapandian needs to look after his younger brother, his brother’s wife and children.
So, what to do? He had enrolled himself in Tamil Nadu Government’s employment exchange which gave recommendations to some IT companies for enrollment. But multinational companies rejected citing they don’t need work force at the moment (Good joke indeed).
During his college years Soundrapandian worked part time in a computer center called Tamil Nadu Software College in Mayiladuthurai. After completing his MCA, he had worked full time also. But now, there is no one to take him to the institute, which is ready to offer a job at a decent salary.
So, what can we do?
A tricycle for the disabled costs Rs.3, 800 (Three thousand eight hundred rupees), if 19 of us can shell out Rs.200 each, we can get him a tricycle. You see this amount which is not very large can change the life of the family. If you are willing to contribute Rs.200, kindly please mail me at sathishmayil@gmail.com
Click here to view his certificates
Do remember the Chinese proverb “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.”
Though i am in a NGO I cannot help via it, since it serves only education.
Please don’t forward this mail and make it a mail chain.
Sunday, December 30, 2007
Media is a tool to dispense information, but it has ..........
Yesterday, I had been to a meeting with some friends regarding the challenges facing the IT industry, the story shifted to the traits of media in India.
Lets take a typical example of what they are doing now. When Sanjay Dutt was sentenced to jail, all the tv channels ran a live coverage of his movement from Arthur Road jail in Mumbai to the Yerwada Jail in Pune. In the same state, Maharashtra that is, where thousands of people who are committing suicide, they did mind covering this. The hot discussion was whether Dutt will celebrate his Diwali incarcerated or free?
Worse still, Times Now conducted a SMS poll on whether Sanjay Dutt should be acquitted or not? Crazy indeed. I don't understand why there is a court then? Some ran a story asking whether Sanjay deserves prison after imparting Gandhijiri to the people after Munnabhai. Isn't it completely insane? For the sake of TRP, they are just telling whatever they want. Times of India ran an article whose purpose I am yet to understand.
Whenever a natural calamity or accident happens, TV channels race to show the debris and injured. They believe showing people dripping with blood is an excellent coverage which precisely isn't. Never do they make an analysis of why it happened. Constructive journalism has almost vanished off in Indian Media.
In the events of 2007 listed by CNN IBN, one of the events was Bipasha Basu kissing Ronaldo, Sanjay dutt getting sentenced and lot of other crap. It seems the development of high-speed interceptor missile, Advanced Air Defence by our DRDO is a lesser achievement compared with Bipasha kissing Ronaldo. There is not a single event which shows the challenges faced by India. They seem to show all is well, which is were the purpose of Media fails.
These days they are even influencing the decisions by the court by conducting sms polls on what the people think and putting pressure on the judiciary itself. Why do these people give an opinion provided they don't know the facts about the case.
It doesn't end there, the stories which deserve a mention, issues which require attention are never mentioned. For a state to be successful, media must be rational, it must act as a tool to dispense information not as an entity to influence decisions.
Monday, December 17, 2007
Lets thank our teachers........
Everybody knows the social problems facing India. Today I was talking to my friend regarding the same during lunchtime. We were trying to get deeper into the problem to find out what actually is responsible for the mayhem that we are seeing around.
One of the things that usually crops up during these kinds of discussions is politics. Though politics is a major factor, there is another thing that is more critical. It is the education everybody receives. If, each and everyone learn good ideas, ability to think and self-reasoning, this world will become a very beautiful place to live in.
Thus teachers play a very important role in a society. There are a lot of teachers who inspire students and probably every one of us must have certainly come across one. A good teacher isn’t a one who teaches a great deal of things, he (or she) is a one who makes us believe that we can scale new peaks, invent things, makes us realize the potential in us. In short a good teacher is a one who ignites the spark in our minds.
Though the quality of teaching is slowly and steadily facing a downhill in India, the primary reason for decline is mainly it is a non-lucrative job. These days, persons who aren’t able to find a proper job become teachers. With time, the breed of good teachers is slowly ebbing out.
What can we do?
Do we need to forgo our careers and take teaching? Anyone will call it absurd. It is going to be very difficult to give up this cozy life we are enjoying. So, what can be done?
We should at least encourage, compliment the teachers who are doing a good job. Just think about the best teacher whom you have come across in your life. While you are well enough to read this article in a computer, odds are high that he/she might be leading a pretty normal, some even struggling for the same.
Remember we fume at not given a proper bucket in appraisal after six months of hard work, we abuse our team leaders saying that they have not thanked us for the work we have done.
Have we ever thanked our teachers who are responsible for the lives we are leading now?
I haven't, I don’t think a lot would have. Let us do one thing for this New Year. We will find out the address of our favorite teachers and send out a New Year card thanking him / her.
Just imagine the happiness in their faces when they see the card. I bet many will cherish it and it will motivate them more to wield more responsible citizens. This might be a little thing, but I believe little things like these can change the society.
Sending cards is not only a way of thanking them, but also making them feel that are responsible for the society’s well being.
Wednesday, December 12, 2007
Quarter-life Crisis
They call it the "Quarter-life Crisis." It is when you stop going along with the crowd and start realizing that there are many things about yourself that you didn't know and may not like. You start feeling insecure and wonder where you will be in a year or two, but then get scared because you barely know where you are now. You start realizing that people are selfish and that, maybe, those friends that you thought you were so close to aren't exactly the greatest people you have ever met, and the people you have lost touch with are some of the most important ones. What you don't recognize is that they are realizing that too, and aren't really cold, catty, mean or insincere but that they are as confused as you.You look at your job... and it is not even close to what you thought you would be doing, or maybe you are looking for a job and realizing that you are going to have to start at the bottom and that scares you. Your opinions have gotten stronger. You see what others are doing and find yourself judging more than usual because suddenly you realize that you have certain boundaries in your life and are constantly adding things to your list of what is acceptable and what isn't. One minute, you are insecure and then the next, secure. You laugh and cry with the greatest force of your life.
You feel alone and scared and confused. Suddenly, change is the enemy and you try to cling on to the past with dear life, but soon realize that the past is drifting further and further away, and there is nothing to do but stay where you are or move forward.You get your heart broken and wonder how someone you loved could do such damage to you. Or you lay in bed and wonder why you can't meet anyone decent enough that you want to get to know better. Or maybe you love someone but love someone else too and cannot figure out why you are doing this because you know that you aren't a bad person.
You go through the same emotions and questions over and over, and talk with your friends about the same topics because you cannot seem to make a decision. You worry about loans, money, the future and making a life for yourself... and while winning the race would be great, right now you'd just like to be a contender! What you may not realize is that everyone reading this relates to it.
We are in our best of times and our worst of times, trying as hard as we can to figure this whole thing out.
Tuesday, October 02, 2007
Musings of a Confused Mind
I generally try to figure out why everything is happening, the reason is "Because I don't like the idea that I'm not in control of my life" just as Neo says in Matrix.
Anyway I would like to thank Gautam (he was the one who sent that mail) for giving me this title. Also I would like to apologize to him for not asking permission to use this title. Gauthi, hope you don't mind this.
Believe the musings will continue..............
Monday, October 01, 2007
It is really beautiful
Sunday, September 30, 2007
There are thousands, other than orphans and old aged who need help in this country
I took his cycle from the road, parked it on the sidelines, and that guy silently followed me. Meanwhile my mind had made up that I should not talk to him as he was drunk. Hence, I just started walking without a look. He called back saying thanks, which promoted to advise him not to drink and drive. (I believe a majority of Indians enjoy giving advice and I am no exception).
On hearing me, he started blabbering some thing. I thought to myself, "If this kind of stuff had happened to some of my friends, I wouldhave sat down with them and heard their story. Poor guy, lets hear what he says for some time." (The reason is many Indians drink mainly because they are sad, though there is no logical reason behind that.) So, why not patiently hear what this man has to say.
He said many things, (I feel they are not necessary to be mentioned here) which I don't know are true or not. I listened to him for about four minutes, after that I remembered my routines, hence gave him some consoling words and left. (Had it been one of my dear friends, maybe I would have talked longer. I am selfish indeed).
His life would have been different had he got a friend who would have corrected him. Majority, almost 99% of the people in this world are what they are, because of the environment around them.
I am no exception, I am writing a blog titled "I Think Therefore I am" not just because I knew Rene Descarates right from my birth. It is because my bringing up, friends acquaintances made me to think about Western Philosophy a bit.
It is really sad that, these days youngsters don't know what Marx said? Or what Bertrand Russell said? Or what J.Krishanmurthy said? Or what our Periyar said?
You may ask the question, why I need to know these guys If I am getting my food and I am living happily without knowing them.
The reason you must know these things, or at least have social awareness is because you are reading this in a computer just because 1 USD = 40 INR. Other wise we would have been in some town or village toiling hard for getting at least single meal a day. And the irony is majority of Indians are still experiencing it. Just because we are reading this sittting somewhere in an expensive laptop or a cosy office chair or an internet cafe doesn't mean that we have developed a lot. And what is happening to millions of Indians, humans might happen even to you some day, if the Dollar crashes. Beware that anything is possible in this capitalistic and materialistic word.
If people like us who are educated don't do things, it will be difficult to change things in this country.
I am not asking to discuss the Communist Manifesto or Dravidian Principles with your friends. I am not asking you to donate some hefty amounts to a NGO. But you can do small small things by not drinking a coke and drink a fruit juice. It will make a difference to an agriculturalist living somewhere.
I am not asking you to not go to onsite remain in India and be a swadeshi, bla, bla, etc. But you can donate 1% (or a fixed amount of say Rs.1,000) of your annual income to some organization in India which does some social service. It will certainly make a difference in the life of many.
I must thank that guy whom I met that day, he reminded me that there are thousands of persons other than orphans, old age people who need attention in this country.
Arise, Awake and lets stop not till the goal is reached.
Thursday, September 27, 2007
BJP, please act sensibily
Do they think that every one in this country is foolish enough not to see this truth. BJP are making themselves a comedy act these days. First their blind opposition to 123 deal with US was really annoying. At no point they were prepared to discuss regarding the deal in Parliament nor they agreed to an all party meet, instead they just stalled the the entire proceedings of the Legislature.
They need to act as a more sensible opposition instead of just trying to make news.
Regarding the Sethu Project, a more detailed study needs to be done regarding the ecological damage. Otherwise the project can be executed.
Wednesday, September 26, 2007
They have just won a World Cup
Certainly these kind of triumphs lift the entire nation, but the question is whether BCCI & politicians are giving it too much of a hype. The bounties being announced for the players bemuses me.
Does Yuvraj deserve two crores and a porsche car when the domestic cricketers have not got their salaries and the coaches have earned only pennies when compared to the players.
If the Indian team needs to do consistently then, the domestic cricket must be strengthened. New pitches must be laid, academies must be created in every state, stadiums and ground staff must be properly maintained. It is not just the players alone who must reap the benefiets, the entire cricketing fratenirty must live.
If a player plays (just in squad, no need to play) an entire season, he will earn a minimum of 50 lakhs as match fee alone. Apart from that sponsorship deals, prize money for tournaments, etc. So, there is no need to worry about these players, instead attention must be shown on the relentless coaches and passionate grounds men who toil hard to create players.
Maybe BCCI can announce prize money for players, since it is making huge profit in the recent years, but I can't understand the logic in which the state governments are announcing prize money when a lot of more things require immediate attention in this country.
We need to realize that we have just won a world cup, lot of people in this country are still struggling for a single meal a day.
Thursday, August 30, 2007
Manmohan, atleast reprimand Anbumani
I still cannot understand the logic behind which Anbumani had threatened the suspending the doctors if they fail to come back to work. Years and years of handwork of the doctors were stopped just because of the prestige problem for Anbumani.
I think the correct way of showing that everybody si equal before law is by removing him from the Union Cabinet. This will not be done by this boneless government. Hence, at least give a public reprimand to him.
Tuesday, August 21, 2007
Sen , should he be recalled?
Though he has given out a statement today that he was quoted Out of Context, the remarks by Rediif Abroad's editor Afiz Haniffa seem to contradict his statement. Haniffa has categorically stated that these comments were given by Sen when he was contacted.
The Remarks undermine the legislature, most important part part of any democracy.
Sen must be called for an inquiry before a parliamentary committee. If the Sen's comments are true, then he must be recalled immediately.
It is really amazing to find that the protest against Sen have ebbed out slowly. In India just like the media, the politicians also keep on shifting their focus daily?