Blog@GraceJunction

Hey Freddy,

I reached Mumbai a week back in search of a better job and opportunities. But I have been missing those beaches and the time that we used to spend watching those beautiful waves, sipping lemonade, our hangouts near D’Souza restaurant and those football fields.

Here you get the real taste of city life. The huge population, the busy streets and stations, rush hour, the confluence of the rich and poor, skyscrapers overlooking hutments and slums, brightly lit buildings hosting glitzy and glamorous events and the hungry man who begs on the roads and sleeps on the streets. (more…)

A couple of months back, I was sitting on the porch with my son. A heavy spell of rain had just come to an end. There was water all over in the parkway and both of us sat down to enjoy the freshness that the rain had ushered in.

Suddenly my son spotted some movements in the water, that had collected in the parkway. He immediately questioned me,  Dada what’s that in the water ? I realized that there were ripples and bubbles’ springing up in the water as rain was still drizzling. I replied to him, Son its rain. He immediately sprang back and replied, but Dada, there’s no rain. He was true in one sense as we really couldn’t see the rain drops. (more…)

Barack Hussein Obama II, born on August 4, 1961 to a Kenyan father and White American mother has become the President of the United States of America, the first African American to do so. This news flashed on every news screen in the first week of this month. The President elect of the United States is all set to officially take over from George Bush on the 20th of January, 2009. (more…)

The news that I read today was the second of its kind coming out of the U.S as a result of the Global economic crisis. Another one of the non resident Indian brutally killing his family, this time it is Lakshminivasa Rao Nerusu. Originally from Andhra Pradesh, Lakshminivasa had lost his job a few days ago and was in a state of depression. He brutally killed his 37 year old wife, 14 year old daughter and 12 year old son. He had inflicted grievous injuries to the head and neck areas of his victims, sadly they were also his loved ones.

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This is how the 63rd session of the General Assembly began this year. The Secretary General, as usual, addresses the gathering.

“Mr. President, Excellencies, Ladies and Gentlemen: Welcome to the opening of the general debate of the 63rd session of the General Assembly. It is customary for the Secretary-General, on this occasion, to assess the state of the world and to present our vision for the coming year. We all recognize the perils of our current passage. We face a global financial crisis. A global energy crisis. A global food crisis. Trade talks have collapsed, yet again. We have seen new outbreaks of war and violence, new rhetoric of confrontation. Climate change ever more clearly threatens our planet. We often say that global problems demand global solutions. And yet … Today, we also face a crisis of a different sort. Like these others, it knows no borders. It affects all nations. It complicates all other problems. I refer, here, to a challenge of global leadership.”

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(Re-post from March 17th, 2008)
Read carefully. I wrote ‘Great Suppression’ and not ‘Great Depression’.

1929 is etched in world history as the year that caused a great and dramatic meltdown or downturn of the world economy. The depression had devastating effects in both the industrialized countries and those which exported raw materials. International trade declined sharply, as did personal incomes, tax revenues, prices, and profits. Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by 40 to 60 percent. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as farming, mining and logging suffered the most. Though the slump started in many countries much before 1929, it was the US downturn that really brought it down. (more…)

Lehmann Brothers is not the only people to be facing the brunt of the economic slowdown but rather it’s also the layman on the streets who is equally suffering. One of the major reasons of this worldwide financial crisis is the piling delinquencies and defaults on loans which have left all major financial institutions reeling under the pressure of mounting losses and the increasing pressure from the investors and management to salvage all that is slipping out of their hands.

The effect of the monster sub prime crisis has lifted its ugly face in India as well. Most of the financial institutions are going through a tough face, cost cutting at its peak, hiring freezed and firing and laying off employees seem to be the way forward. The only people who seem to be keeping their jobs are the Collection and recovery agents, the nightmare for any defaulting customer. (more…)

The pictures of half burnt bodies, torched houses, damaged churches in Orissa, is bound to send horrifying chills in anyone irrespective of what religion we follow. These acts makes one question, are we living in the most modern of centuries? Or are we in some savage land, where there are no morals, no humanity, no law and order. Eventually all our beliefs result in acts, we ultimately are transformed to the likeness of what we believe as truth, be it Jihad, Religious terrorism or any kind of evil. Clearly evident from the convictions and faith of the religious groups that participated in the recent riots, one can easily trace the roots of these actions/riots to the beliefs and faith of the people in the act – beliefs which state that there exists no absolutes, every one can be true in their own terms, ultimately there is nothing called reality and its all an illusion. (more…)

Three boys aged six ran a “sex club” at a Brisbane state school demanding and receiving sexual favours from girls one year their seniors! The Brisbane father said his son was one of a trio seen performing various sex acts in a toilet block.

His revelations came as uproar was sparked by another story, which told how the sexual assault of a seven-year-old girl by a young classmate was dismissed as a “childhood experiment” by a country school principal. The young victim was forced to perform oral sex on the boy who had threatened her with violence.

Meanwhile, on the Sunshine Coast, a gang of nine-year-old boys has been accused of “grooming” children as young as five to engage in sex acts. Investigators were told victims were rewarded with candies. (more…)

Last week I happened to visit a nationalized bank after a long time. Frankly speaking I expected to see some changes in the office premises and the attitude of the employees. Not that all of them were the same always, but there were some branches whose employees were extremely helpful and courteous but I was talking about the approach adopted in these competitive times.

When I went to the counter to enquire, the officer just pointed me to another desk without even looking up at me. When I confirmed the direction, he just nodded and seemed to not care. The next experience was not too good either, a middle aged lady was handling some customers and wore a frustrated look, probably because of handling a continuous flow of customers from the morning. My problem seemed to evoke some interest on her face when she realized that she can get some easy deposits but that too disappeared when she came to know that I wanted to continue it at another branch of theirs. What followed were the same old pointers with fingers without much human touch. (more…)