Spoken words

The global financial crisis has affected almost everyone. Either its the looming danger of losing your job, or the fear of complete closure of the industry itself. In this current scenarios, as small and large companies are desperately trying to be in the green, cutting down on the excess workforce seems to be the first viable solution for them, as generating any profits seems definitely seems out of the question. So spending so much on operational costs seems most "wasteful", given the fact that they are getting back very little in return. Cutting cost by other means, certainly was of some help, but wasn't enough. Like the lavish perks showered on the managerial level have been choked this year. So no expensive gadgets, leather handbags or luxurious Caribbean cruise for them this year. Others got their salaries cut down significantly, or were denied the raise that was promised to them. Companies planning to come up with new launches have put their plans on hold. But thin...

By now every ram, arun and vijay ( Indian versions of Tom, Dick and Harry ) where ever he is, would be quite aware of the financial "situation" in the world. So what happens when a big financial institution crashes..?? People fear that other institutions will collapse as well. In a financial setup, set backs are common when something major like this happens. But are all fears justified...? Definitely not.. Sometimes they just make matter worse. Like the rumor that a major Indian bank - ICICI - was doomed because they had invested in American banks. So what happened was that people began to rush to the banks and ATMs to withdraw their hard earned money..!! But the way a bank functions, its not possible to return everyone's money within a day..!!  NO bank can do that..!! Definitely not possible..! A bank doesn't keep all the money it collects from its customers, in their vaults. They circulate and invest it..! How else are they able to give you an interest on your dep...

I was absolutely clueless about what's happening to the world markets, and the economical jargon confused me beyond any hope. But i knew that what was happening could or will in some way affect us, whether we understand it or not. And guess what, i had nothing better to do other than stare at the news on TV. Well... from what i understood, it all began with America's very generous credit policies. Which meant that credit or loans were given to almost anyone, without even ascertaining the fact whether that fellow could pay it back or not. Mostly these loans were provided to purchase houses. As more and more loans started to be given out to buy houses, the land value too skyrocketed. Accordingly, the loan amounts given started to become even bigger. Now coming back to the fellow to whom the loan was given, might not even be eligible for the loan for whatever reason it might be.   The banks didn't scrutinize much the details about him, and just gave him the loan. Even if he ...

Natural Selection, as proposed by Darwin, is the process by which nature selects the strongest to carry on their genes to the next generation. Or aptly stated as Survival of the fittest. Man already has reached a point at which physical changes have ceased. Though natural selection still continues. Nature normally eliminates the weakest or the sick from the pack. In case of man in the modern era there is a third angle to it - Economical fitness. So lets not ponder upon the elimination of the physically weak, as that has been going on ever since the first microbe wriggled on the planet. As for selection based on economic factors, it happens quite obviously, due to the economic disparity. Those weak in this are are naturally selected for elimination by other fellow men and nature as well. Here other than genes that are passed, social status and wealth are passed on too. Poor people are driven to less comfortable places where they are ravaged frequently by nature itself - like storms, cyc...

For how long can our dependence on fossil fuels go on like this? I think it is high time that we begin to give importance to smaller energy producing sources. The schemes that were suggested to be suitable only for small or rural settlements (like gobar gas, wind mill, solar) need not be looked with the same view any more. With so much energy available for FREE, its just a matter of tapping and utilizing it. Instead of large corporations controlling and distributing energy, its time that we all took it into our own hands. Every house can contribute to energy production. May it be through, solar, wind, water or bio-fuel. Store and use what each each house requires and share the rest with others. I haven't done the math but i suppose its possible. This might seem quite imaginable at first, but it might work with a few sacrifices like judicious energy consumption, discarding Air Conditioners and so on. As for mobility, i believe walking and bicycles will fit the bill perfectly. Not on...

Oil or black gold as one calls it, has enslaved us for decades. We cry about its rising price, bicker about over dependence on it,complain about its harm to the environment, yet we cant seem to function without it. And as one had predicted it a very long time ago, it will get over one day. And this, what we see today is just the beginning of things to come. Already a few wars have been fought over it, from time to time. Sometimes the reason isn't so obvious, but mostly it is. Soon enough, there will be more such brutal endeavors to take control of the ever diminishing resource. Up to a point when there is none to spare at all. Thought there has been a whole lot of research and development (at least i assume so) in this field, we still haven't moved on to the next big step in energy sources. Other than probably nuclear energy for electricity production ( which is always under wide spread debate for various reasons ). For a country like India, which imports a large percentage of ...