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Learning lessons from history & New financial instrument

The recent attack on India shows that when it comes to history Pakistan is better than India. And it comes to intelligence India is worst than any other country. India likes surprises. And we are getting those from our neighbour since 1947!!! First will cover on history part if you are wondering how can they be good if they think Pakistan was never ruled by Hindus! Just dig up part of history not too far; The Pakistan Army launched a number of covert operations to infiltrate and sabotage Indian airbases. On September 7, 1965, the Special Services Group (SSG) commandos were parachuted into enemy territory. According to Chief of Army Staff General Musa Khan, about 135 commandos were airdropped at three Indian airfields (Halwara, Pathankot and Adampur). The daring attempt proved to be an "unmitigated disaster". Only 22 commandos returned to Pakistan as planned, 93 were taken prisoner (including one of the Commanders of the operations, Major Khalid Butt), and 20 were killed in e...

Is baar nahin - Prasoon Joshi

Is baar jab woh choti si bachchi mere paas apni kharonch le kar aayegi Main usey phoo phoo kar nahin behlaoonga Panapney doonga uski tees ko Is baar nahin (This time when that little girl comes to me with her bruises, I will not blow gently at her wound, nor distract her, I will let her pain grow. Not this time.) Is baar jab main chehron par dard likha dekhoonga Nahin gaoonga geet peeda bhula dene wale Dard ko risney doonga,utarney doonga andar gehrey Is baar nahin (This time when I see pain on faces I will not sing the song that eases pain I will let the pain seep in, deep�. Not this time.) Is baar main na marham lagaoonga Na hi uthaoonga rui ke phahey Aur na hi kahoonga ki tum aankein band karlo,gardan udhar kar lo main dawa lagata hoon Dekhney doonga sabko hum sabko khuley nangey ghaav Is baar nahin (This time I won't apply any balm Nor will I ask you to shut your eyes and turn your head While I gingerly apply medicine I will let everyone see the open, naked wounds� Not this tim...

We need final solution

Okay folks, thanks for your time and comments on my thoughts about what I felt after attack on my country. Some of you pointed that we need to do 'something' to improve ourselves and our country. And this something was typically 'reduce corruption', 'remove politician' or even a hoax that we use some section/sub-section 49-0 in our constituent (which is incorrect off course). I'm a patriotic no less than any of you. What I simply asked is what current status of my country is and why I should feel proud of it. There were no suggestions on that. Bhagat singh, Rajguru are history and were never part of this country. And don't forget Gandhi didn't comment on their death sentence and never went on hunger strike and now he is father of our beloved nation. Someone talked about unity saying we are together in grief. Why we have to unite only in grief? Why can't we celebrate chhat puja, Ed, Diwali together in hormony? Why can't we teach all citizen o...

Ashamed to be an Indian!!

Today I was forced to think about my own identity and my feeling towards my nation. Till Wednesday evening I was proud to be called an Indian. However, Mumbai attack forced me to think why I should be proud to be part of this country and I couldn't think of any thing optimistic. Indians or south Asians normally are very positive about life. They are fond of recollect old days memory (which are generally almost 400 years old) and try to be content thinking of prosperity their forefather enjoyed that time. Nevertheless, when I was asked why I'm proud of India so much I had to take some time to dig out the reasons. So I decided to write down the points which I consider is positive about my nation, a nation, which is under attack from all direction (insider and outsiders equally). Unity – My foot! Everyone knows how united we are. Nagpurian can't live in peace in Pune, though both are in same state. North Indians do not like south Indians in their team/projects or vicinity an...

Depression looming over world

With reports that GM might go bankrupt, study by Center for Automotive Research predicts that the failure of GM in an event where the company stops production would cost 2.5 million jobs in the U.S. in the first year. Some lobbyist are working for bailout package for auto industries like banking/finance sector but unlike Banks, these are Manufacturing industries and will have to produce and sell. If know one is willing to or able to buy their product how can they survive? GM can’t even file for Chapter 11 Reorganization. First, the cost of running GM is 11 billion $ per month. Second, selling some of it’s portfolio to rival is not possible because in these credit crunch no auto firm will have guts to buy out GM (may be in parts). Filing Chapter 7 Liquidation seems the only option… Newspapers, magazines, broadcast television and radio are already feeling heat of the downturn in auto industry. In the first quarter alone, the auto industry spent $414 million less on advertising than in ...

Economy Bubble

The economy bubble gone burst now it's time for inflation ! Strokkur (Icelandic for "churn") is a geyser in the geothermic region beside the Hvítá River in Iceland. Strokkur erupts very reliably every 5-10 minutes, hurling boiling water to heights of up to 20 metres (70ft) towards the sky.

Dilbert

Recession at the corner !! (update 6)

We are already in recession... Nov. 14 (Bloomberg) -- Sun Microsystems Inc., the world’s fourth-largest maker of server computers, plans to cut as many as 6,000 workers amid the global credit crisis. Royal Bank of Scotland will cut around 3,000 jobs worldwide over the next several weeks to reduce costs amid the global financial crisis, according to British media reports. 13 Nov 08 : Telecoms giant BT says it expects to have cut 10,000 jobs by the end of the financial year. The cuts will mainly affect agency and contract staff and offshore workers, the company said. The company said it had already cut 4,000 jobs, leaving a further 6,000 to go by the end of March. BT has a global workforce of 160,000. 12 Nov 08 : Chip manufacturing equipment company Applied Materials plans to reduce its global workforce by about 12 percent, or 1,800 workers, in a move to cut costs and streamline its business, the company announced Wednesday 11 Nov 08 : Yell plans 1300 job cuts in £100m costs drive Nort...

More Humour..

What's the difference between Investment Bankers and London Pigeons? The Pigeons are still capable of making deposits on new BMW's Quote of the day (from a trader): "This is worse than a divorce. I've lost half my net worth and I still have a wife." I had a cheque returned earlier. "Insufficient Funds" Mine or the banks?

HBOS, Lloyd TSB and RBS Nationalised!!!

The bail out plan declared last week by UK Prime minister and Chancellor saw today nationalisation of three of major banks (okay only Barclays and HSBC is left now). Taxpayers will pay 37 billion £ for majority stack in the banks. RBS is to raise £20bn, £17bn will be put into HBOS and Lloyds TSB. Barclays intends to raise £6.5bn without government help. There are no free lunches now.. HBOS, Lloyd TSB and RBS will not pay cash bonuses this year and all future bonuses will be paid in stocks. This will prevent bankers to take short term goals and high risks.