Did I hear correctly? Democrats are calling for US$20b for the federal rescue plan. Dosen't this number look too less when compared to projected US$400b? A rescue plan that is 5% of the losses is laughable when there could be many billions undiscovered under the rubble.
Infact, the total loss of top half dozen banks in US alone cross the US$100b mark.
FT has some very interesting stats and maped the subprime crunch on the world map. Have a look.
http://www.ft.com/cms/s/0/9622326c-d5b8-11dc-8b56-0000779fd2ac.html
http://media.ft.com/cms/cc2eb1e8-77fb-11dc-8e4c-0000779fd2ac.swf
Icing on the cake is the credit crunch. Will talk about it next time over.
Friday, February 29, 2008
Thursday, February 28, 2008
read this today........."Knowing is not enough, we must apply." " Willing is not enough, we must do."
"Knowing is not enough, we must apply."
Really! I don't think so. Let me explain..
If one know how to kill people (even animals for that matter) should one apply that know-how? I could use a lot many exemples to explain: rape, murder, coruption, suicide... I hope you get the picture!
" Willing is not enough, we must do."
If one is willing to die does not mean that one should commit suicide.
I read this quote today and felt.. what an utterly useless quote, perhaps more useless in isolation. I mean without relevant perspective.
But then aren't most things we say useless in isolation. Unless we see things in real context it is so easy to get swayed.
I'll continue on this thread again sometime to share how this knowledge is used by many for ulterior motives.
I know you must be wondering why this post? i just felt like commenting on a quote used by someone.. just got irritated and hence this post.
Really! I don't think so. Let me explain..
If one know how to kill people (even animals for that matter) should one apply that know-how? I could use a lot many exemples to explain: rape, murder, coruption, suicide... I hope you get the picture!
" Willing is not enough, we must do."
If one is willing to die does not mean that one should commit suicide.
I read this quote today and felt.. what an utterly useless quote, perhaps more useless in isolation. I mean without relevant perspective.
But then aren't most things we say useless in isolation. Unless we see things in real context it is so easy to get swayed.
I'll continue on this thread again sometime to share how this knowledge is used by many for ulterior motives.
I know you must be wondering why this post? i just felt like commenting on a quote used by someone.. just got irritated and hence this post.
Tuesday, February 26, 2008
Lo Hai
I am not sure of the spelling 'lo-hae' or 'lo-hai'.... whatever!
This was my first Chinese New Year when I got an opportunity to do the traditional salad tossing. "Lo-hei” (meaning tossing) raw fish salad, a very popular and must-have dish at the reunion dinner. Traditionally I am told it was eaten on the seventh day of the Lunar New Year as this day is also known as everybody’s birthday but nowadays people tend to eat it everyday of the chinese new year (ofcourse, depending on the number of dinner/lunch one gets invited to).
The list of ingredients includes:
Raw fish symbolizes increasing abundance. Salmon is commonly used
Sesame oil for a smooth year glowing with wealth
Peanut crumbles symbolizes a household filled with gold and silver (Peanuts are grinded coarsely)
Lemon or lime for a productive year
Rice crackers represents the entire floor being paved with gold
Peanuts symbolizes eternal youth
Plum sauce for a sweet life ahead (Mixed with rice vinegar, sesame oil and kumquat paste)
The rest of the ingredients to make up for this dish include shredded carrots, radish, pickled ginger, toasted sesame seeds, pomelo, cinnamon and pepper.
The key thing is to toss the salad as high as possible, high for higher wealth/happiness/luck and in general good year.
Caution: Please do not make it touch the celing 'coz you've got to eat it latter ;-)
Sad thing I forgot to click any pictures of the tossing :( will check and post it if someone clicked it.
This was my first Chinese New Year when I got an opportunity to do the traditional salad tossing. "Lo-hei” (meaning tossing) raw fish salad, a very popular and must-have dish at the reunion dinner. Traditionally I am told it was eaten on the seventh day of the Lunar New Year as this day is also known as everybody’s birthday but nowadays people tend to eat it everyday of the chinese new year (ofcourse, depending on the number of dinner/lunch one gets invited to).
The list of ingredients includes:
Raw fish symbolizes increasing abundance. Salmon is commonly used
Sesame oil for a smooth year glowing with wealth
Peanut crumbles symbolizes a household filled with gold and silver (Peanuts are grinded coarsely)
Lemon or lime for a productive year
Rice crackers represents the entire floor being paved with gold
Peanuts symbolizes eternal youth
Plum sauce for a sweet life ahead (Mixed with rice vinegar, sesame oil and kumquat paste)
The rest of the ingredients to make up for this dish include shredded carrots, radish, pickled ginger, toasted sesame seeds, pomelo, cinnamon and pepper.
The key thing is to toss the salad as high as possible, high for higher wealth/happiness/luck and in general good year.
Caution: Please do not make it touch the celing 'coz you've got to eat it latter ;-)
Sad thing I forgot to click any pictures of the tossing :( will check and post it if someone clicked it.
Plain Lazy
I had started this blog with no pre-concieved notions on the content but purely as a corner to share my random blabber but on a regular basis :-)
And this blog is anything but regular!
Ofcourse not that I don't think or blabber but rather plain laziness has made me keep my blabbering to myself :-(
And this blog is anything but regular!
Ofcourse not that I don't think or blabber but rather plain laziness has made me keep my blabbering to myself :-(
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