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Tuesday, April 27, 2010

Recession explain the Desi way

I came across this when the recession was very new and utterly scary... Kodus to the guy who though of this...
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Pajja is the proprietor of a Siri-Paya and Nehari Shop in Lahore. Sales are low and, in order to increase them, he comes up with a plan to allow his customers to eat now and pay later. He keeps track of the meals consumed on a ledger.
Word gets around and as a result increasing numbers of customers flock to Pajja’s shop. Pajja’s suppliers are delighted and are very willing to sell more and more raw materials for the meals he prepares. Pajja shows them his ledger of receivables and they extend him credit.
A young and dynamic customer service consultant at the local bank recognizes these customer debts as valuable future assets and gives Pajja a credit line and then increases Pajja’s borrowing limit.
Taking advantage of his customers’ freedom from immediate payment constraints, Pajja jacks up the prices of his Nehari and Siri-Paye. Customers dont mind as they are not required to pay on the spot. Sales volume increases massively; Banks and suppliers lend more; Pajja opens more outlets. He sees no reason for undue concern since he has the debts of the customers as collateral.
At the bank’s corporate headquarters, expert bankers recognize Pajja’s customer loans as assets and transform these customer assets into BONDS. These negotiable instruments are given exotic names such as SIRIBOND, PAYABOND, MAGHAZBOND AND BONGBOND. These securities are then listed on the Stock Exchange and traded on markets worldwide. No one really understands what the names mean and how the securities are guaranteed but, nevertheless, as their prices continuously climb, the securities become top-selling items.
One day, although the prices are still climbing, a credit risk manager of the bank decides that the time has come to demand payment of one of the debts incurred by Pajja. Pajja in turn asks his clients to pay up. One by one they refuse; the clients cannot pay back the debts. Pajja refuses to serve them any more. The clients stop coming.
Pajja is really screwed now. He cannot fulfill his loan obligations and therefore claims bankruptcy. All Bonds drop in price by between 80 to 95%.
The suppliers of Pajja, having granted generous payment due dates and having invested in the securities are faced with similar problems. The meat supplier defaults on payment to the sheep and cattle supplier and claims bankruptcy. The atta supplier is taken over by a competitor; Pajja lays off the cook and staff. Bankruptcies soar, unemployment mushrooms.
The bank that lent the money in the first place is set to collapse. It is saved by the Government following dramatic round-the-clock consultations by leaders from the governing political parties with Pajja commuting back and forth in his Executive jet and Mercedes 500SEL, brokering the deal.
The funds required to save the economic collapse are obtained by a tax levied on the citizens, most of whom do not even eat Nehari or Siri-paye.

Monday, April 26, 2010

Pigs that fly

PIGS THAT FLY... I always wanted to use that, and I just the did...

Why are nations so proud and arrogant, why can't they just accept that they were wrong and now they have fallen, no longer do they have the seat of power and the eye of the world set upon them.

I mean we don't accept the fact that we did bad with the bengalis, the indians don't accept the fact that injustices were done with the moaists and the tamils... americans dont accept the fact that half their leaders were facist selfish pigs trying to make it big for themselves... the brits dont accept they are no longer the empire... the arabs dont accept they still deal in slave trade... and the list goes on and on and on.... I mean why cant we just accept our failures...

This epiphany just did dawn on me... i came as a result of a debate... it was about the incident and A-bomb... I mean accept it they were gross injustices against humanity, Nuuu...!!! you have to go waaaaaaaaaaaaayyyyyyyyyyyy off the track just to prove your right... you I could use the same logic and prove that your just another mistake of humanity and a crime against nature... But do I do that? N.O. I accept your existence, so why cant you accept the these were mistakes...

*long deep breath* Well off to play the devil's advocate again... I don't know why, but I love that game...

Wednesday, April 21, 2010

Fancy name for perverts

Intelligence, surveillance... observations... these are all f***ing fancy names for pervert activities, and if thats not enough the perverts who organize their acts are hailed as assets by nations and governments around the world... what is wrong with this world...

And... someone tried challenging ICAP... yet again... in LHC... the poor idiot... they gonna make that sucker cry... they always do that... and no one can challenge them... its life they are a super power...a supreme authority... but in actuality its just feudalism modified...

And what the deal with zaidoo... I just don't get... savior or traitor... decide already... I wanna join a side... its disturbing... they keep rocking like a ... like a... boat... on their stance...

And some beautiful photos among those declared by NAT GEO

The "Greatest Nature Photographs of All Time" 

Friday, April 16, 2010

FatMan, LittleBoy and the Atomic Bomb

I was just researching on the net when I came across an interesting piece of information. Henry Truman is the man who practically brought the United Nations into existence, and he was also the guy who ordered that the populations of Hiroshima and Nagasaki be decimated nuclearly. Now that's hypocrisy and we call our leaders bad and what not...

Something is seriously seriously wrong with this place and the people in it. Consider the facts, gouge the truth, then mix them together, distort what you get, let it rot and you the this nation... wow...

On a lighter note... I gots money and I am almost debt free now...... just a small little debt left... I'll pay that little debt later... may be tomorrow or the day after that... and then I gotta collect a little debt... life becomes easier when you got sweet dough, no? all I gotta worry about now is theft... nothing else... and its hot today...

gotta get back to work... but what the hell were they thinking naming those monsters names like FatMan and LittleBoy, I bet they got more named something like OldmanMolester, BootyRider, HumperMaid, LowDown or HighUp or something pathetic in that category... seriously... these people got no imagination... seriously... I sure hope there ain't no nuclear war... otherwise we'll get to headlines like... someone-something has launched CherryDude on someplacesomewhere...

its messed up... this world... seriously... getting me, u are?

Wednesday, April 14, 2010

Strange Reading

I recently got my hands on a couple of booklets... their about ummm... events and ideologies... but some things in them are strange and unbelievable... I still don't know why I'm still reading 'em. They be filled with all sorts of things...


Its still hazy... but I think I'm understanding what Phase III is all about...

Thursday, April 8, 2010

Breaking and Buring it

I was peacefully goin along the road, when suddenly, a spark of bright light and rioters come and then some more and then some more, they start breaking and burning stuff as usual... but they never come from here... and as I began to gather some understanding of whats happening ... and then suddenly... IIIIIiiiiiii STAND ALONE... my little brother had woken me up by listening to songs... now thats all I remember from my freaky dream... dammit... now I can't even connect it to anything significant... otherwise I would have claimed something like looking at the future or something... damn...

I hate i-know-more-than-you type of people

It literally pisses me off... why do people do that, I mean... its okay, once in a while, but not every time... I know this dude and hes like i-know-everything... WTF WTF WTF... get lost... But what really irked me off was his statement... I assure you that my class materials are more academical, even though I didn't have time to look at them... WTF does he mean .... M gonna... (&*&**$&#(@@#()*)(@#...


n I am thinking of learning esperanza... its a short little language, quite like french and spanish actually...

And why is everyone so hyped about shoaib malik and sania mirza these days... don't you people have anything better to do than this... its like we got no other worries like poverty and power outages and etc etc ...

Sunday, April 4, 2010

A year older and not a penny richer

yep.. thats the phrase that defines my life... a year older and not a penny richer... scrooge was right!!! what have i got to be happy about... well... i'm alive arnt i