It’s Not the Bonus Money. It’s the Principle.

Well I like US President Obama now. Sure. This one man calls spade a spade. I was also appalled that not just wall street but many corporate execs were still raking in tons of money even out of the economic bailout! Even though I am not a US citizen, It does affect me in this global flat economy! [ More so, being a blogger, I have kinda right to air my opinion on anything and everything; okay okay :-) without defaming anyone ]
http://www.nytimes.com/2009/01/31/business/31nocera.html
A very written article. must read :-) Here is part of it.
And on the ninth day, the president jawboned.
How else to describe what President Obama did on Thursday, his ninth day in office? Angered by news that Wall Street was doling out $18.4 billion in bonuses for 2008 — “the sixth-largest haul on record,” according to a front-page article in The New York Times, despite billions upon billions in losses — the president called reporters in and looked sternly into the cameras. Then he unloaded on Wall Street executives, just as President John F. Kennedy once unloaded on the country’s steel barons.
That is the height of irresponsibility,” Mr. Obama said sharply, referring to the bonuses. “It is shameful.” Wall Street, he said, was coming to the government for badly needed help — which taxpayers were providing because otherwise “the entire system could come down on top of our heads” — and the government had a right to expect in return that Wall Street would “show some restraint and show some discipline and show some sense of responsibility.” After going on in this vein for a while, he slapped around Citigroup for agreeing to take that new $50 million corporate jet after agreeing to a huge bailout in November. The government’s demand that the plane be canceled should have been unnecessary “because they should know better,” he scolded.

PS: BTW, Isn't it interesting, I had decided to drop the blog for some time but New year bombarded in so many interesting and thought provoking news items that I just had to my blog and air my thoughts!! Man proposes, God disposes! :)

Rights and responsibilities

Well I came across Chyetanya Kunte's blog through another blog I follow. He has tendered an unconditional apology to Barkha Dutt of NDTV for making defamatory statements against her. There were plenty of blogs which ridiculed NDTV and Barkha Dutt on the issue under freedom of speech. I am also not really a fan of Barkha, actually to contrary! Initialy even I was quite upset at curtailing freedom of fellow blogger till I read his apology post.
There were two points which caught my attention
"the following allegations / statements made in the post titled "Shoddy Journalism" namely:
* that Ms. Dutt and NDTV's reporting at the scene of the Mumbai attacks during November 2008, resulted in jeopardizing the safety and lives of civilians and / or security personnel caught up in and / or involved in defending against the attacks in Mumbai in November 2008;
* that Ms. Dutt was responsible for the death of Indian Servicemen during the Kargil Conflict."
Here is cache of actual post of Chyetanya --> Cache till it exist
Well, stepping back a bit; I realise it is NOT the anger or opinion of Chyetanya which is incorrect but the sheer insensitivity of passing judgement over a person without verifying the facts. Chyetanya's post implied that Barkha was responsible for jeopardizing safety of lives of people stuck in hotels and also casuality in Kargil conflict! THAT for sure is a VERY BIG accusation he made! Well First, IF such was the case, Ministry of Broadcasting would have banned the broadcast immediately and would NOT have let it continue all days! I am kinda apalled at Kargil statement now, that for sure is incorrect; for if there was any truth in that, Defence Ministry would have take stringent action long ago. I think likely it might have this statement which might have instigated NDTV to take action.
IF Chyetanya would have been more careful with the words he would have chosen, this surely would NOT have offended NDTV and nor it would have been against freedom of speech. Freedom of speech does NOT give any one right to defame. I would also be careful from now on about voicing my opinion AND NOT defaming anyone. There is a thin line which defines difference between two and we blogger need to remember this.

Mangalore incident is Talibanisation of India: Renuka

http://ibnlive.in.com/news/mangalore-incident-is-talibanisation-of-india-renuka/83702-3.html
I am outraged at this incident of women being assaulted by set of hooligans who claim to be the 'moral police' in name of 'Sri Ram Sena'. The gist of my outrage has already been said by Renuka Chouwdhary, Union Minister of India for Child and Women welfare.
Down with these Indian version of 'Talibans'. Go and join your like-mind in FATA and excuse us from your perverted thinking.

The car-washer who wants to play for India

Today I was touched by a series Rediff is doing on Mumbai Slum dwellers. This is the story which touched me the most. A youngster full of hope struggling due to poverty. I kept wondering what I could do for him or people like him; apart from donations probably nothing much! Well, yups, a wish did flutter in my mind, How can the super duper rich people of Mumbai [ for that matter across the world ] live in sheer luxury when such extreme poverty exist in our country. Well, I have nothing against earning and accumulating wealth but surely against balant display of wealth! e.g. the Ambanis, How can Sr. Ambani brother live in sheer wasteful luxury of a billion dollar 24 floor complex or how does his wife travel in millions worth jet with no real purpose of journey when they know for fact that many many children go without food, education and decent living condition just some meters away from their luxurious homes?! I just don't get it! I couldn't have slept with out giving up considerable amount of wealth each and every day!
just to clear my conscience, I am not critiquing without any action on my part; I do contribute amble or rather a component of my income in charities every year ... Also most of my ownings are rather practical and minimum is 'luxury' so to speak.
So just as a wish since I have not much capacity to make difference; People who have that much wealth; please share it with have nots!
And I am happy to share the information that such feats have happened in world before:
Warren Buffett, pledged to donate $37 billion - about 85 per cent of his $44 billion fortune - to the Bill and Melinda Gates Foundation; Well Bill Gates donated couple of billion dollars to the charity in beginging and he plans to give to charity 95% of his wealth before his death.
I hope the weathy of our desh make a note of this.

I am copying the post from Rediff in verbatim below.
http://www.rediff.com/news/2009/jan/22-the-car-washer-who-wants-to-play-for-india.htm
John Shetty, Deepak Chawl, Malad, Mumbai
John Shetty is a teenager brimming with confidence. He is 17, passionate about cricket and aspires to make it to the Indian cricket team one day.
"Yes, one day I will surely play for India," he says confidently about the unofficial national game of the country.
"I'm an all-rounder (he bats and bowls right-handed), just like Yuvraj Singh [Images]," he smiles. In addition to flamboyant left-hander Yuvraj, John also loves to watch pace sensation Ishant Sharma [Images] in action.
His passion for cricket motivates John to wake up at 5 every morning. By 6 he completes his morning chores -- the common toilet is shared with scores of other families in his neighbourhood, where he has to queue up for at least 15 minutes each morning. He then leaves home to wash cars at the residential buildings nearby, for which he earns Rs 1,000 every month.
"Out of this, I pay Rs 500 every month to play cricket at Azad Maidan [a prominent Mumbai common ground where several clubs play cricket]," he says. "The rest is deposited in my mother's savings bank account so that I will have enough money to pay for my education later."
John, who lives in a 12 by 12 tenement room in a slum located close to the InOrbit Mall in Malad, lost his father when he was only nine. John says his father died after being run over by a train. Ever since, he has been fending for himself.
Though his mother was given a job in place of his father in the Brihanmumbai Municipal Corporation, where she works in the conservancy department (staff that sweep roads and clean gutters), John wants to be a self-made man one day.
"I started washing vehicles after my Class X exams, two years back. I have taken a break from studying so that I can earn enough to complete my studies at least till Class XII," says John, who doesn't want to bother his mother with the cost of his education.
His elder brother did not study beyond Class VIII and is currently working with the BMC's conservancy department too. "My sister doesn't go to school. She is not intelligent enough."
Halfway through the conversation, John says he has to rush. "I have a match today at Azad Maidan and I don't want to be late."
Though he hasn't heard of Slumdog Millionaire, the film about a Mumbai slum that has won four Golden Globe [Images] awards, John is an avid movie-goer. "I make it a point to see any film that stars Hrithik Roshan [Images]. I also love to watch Tamil superstar Vijay," he adds quickly.
A native of Viluppuram district in Tamil Nadu, the last two generations of John's family have spent their lives in Mumbai trying to make a living. They have been sending some money back home for family who cannot make it to the city of their dreams.
Despite his present struggle, John believes it is just a matter of time before a great future awaits him in the cricketing stadiums of the world.

Readers who wish to help John can contact:
John Shetty
Room No. 135
Deepak Chawl
Motapada
Behind Kamladevi Mittal College
Malad West, Mumbai - 400064

The Paradoxical Commandments

I did some housekeeping with my blog and changed the template; something new for the new year :) Well, I was browsing and felt a bit confused that the blogs listed were from 2007 and I thought I was blogging since 2004! Where are those blogs?? Well, I found the answer myself! I used to blog in Rediff and I switched to blogger in Sept 2007. Incidentally knowing myself and my ill-fated memory I had posted the exported all blog digest from 2004 - 2007 Sept as the first blog 'The baggage' smart ain't it :) :D so then I was browsing it and found this sparkler! Wish there could be a 'yellow sticky' for the mind to remember such pearls of wisdom !

People are illogical, unreasonable, and self-centered.
Love them anyway.
If you do good, people will accuse you of selfish ulterior motives.
Do good anyway.
If you are successful, you win false friends and true enemies.
Succeed anyway.
The good you do today will be forgotten tomorrow.
Do good anyway.
Honesty and frankness make you vulnerable.
Be honest and frank anyway.
The biggest men and women with the biggest ideas can be shot down by the smallest men and women with the smallest minds.
Think big anyway.
People favor underdogs but follow only top dogs.
Fight for a few underdogs anyway.
What you spend years building may be destroyed overnight.
Build anyway.
People really need help but may attack you if you do help them.
Help people anyway.
Give the world the best you have and you'll get kicked in the teeth.
Give the world the best you have anyway.

© Copyright Kent M. Keith 1968, renewed 2001

Non-violence cannot tackle terrorism: Dalai Lama

A thought provoking statement by Dalai Lama who has life long been an advocate of non-violence! Alas! What has world come to, today! Indeed his statement is an eye opener! We need fresh solutions for problems of today. Here is the article:

http://www.indianexpress.com/news/nonviolence-cannot-tackle-terrorism-dalai-l.../411980/
Posted: Jan 17, 2009 at 2025 hrs IST
New Delhi: The Dalai Lama, a lifelong champion of non-violence candidly stated that terrorism cannot be tackled by applying the principle of ahimsa because the minds of terrorists are closed.
"It is difficult to deal with terrorism through non-violence," the Tibetan spiritual leader said delivering the Madhavrao Scindia Memorial Lecture here.
He termed terrorism as the worst kind of violence which is not carried by a few mad people but by those who are very brilliant and educated.
"They (terrorists) are very brilliant and educated...but a strong ill feeling is bred in them. Their minds are closed," the Dalai Lama said.
He said the only way to tackle terrorism is through prevention.
The head of the Tibetan government-in-exile left the audience stunned when he said "I love President George W Bush." He went on to add how he and the US President instantly struck a chord in their first meeting unlike politicians who take a while to develop close ties.
"I told him 'I love you but some of your policies I oppose'," said the spiritual leader to a loud round of applause from the audience which included Rahul and Priyanka Gandhi, Election Commissioner Navin Chawla and several ministers, diplomats and artistes.
The Dalai Lama said in the aftermath of 9/11 attacks he had asked Bush to spend billions of dollars on education and promotion of non-violence instead of warfare.

Miracle on Hudson!


Oh well, I just could not stay away!
Hero crash pilot Chesley Sullenberger' skills or someone really up there; 155 people on-board the US Airways Flight 1549 Airbus A320 were really extremely lucky to have come through that incident with only very few injuries! Image is curtsy Janis Krums who was on the ferry going from Manhattan to New Jersey which was first to come to rescue the passengers of the ill-fated air plane.
Hip hip hurray for the hero pilot Mr Sullenberger, 57, of Danville, California, is a former Air Force fighter pilot who has flown for US Airways for 29 years. He also runs a safety consulting firm. One thing is for sure, next time you see Air India crew with grey in their hair, be happy, they have years of experience under the wings! Any day I will prefer that instead of chirpy youngsters!

Temporarily abandoned

some turmoil might take weeks to resolve; till then ...