I feel proud of American democrary and little jealous too...

I watched the speech of both US presidential candidates at Alfred E. Smith Memorial Foundation Dinner at the Waldorf Astoria hotel in New York, 16 Oct 2008.

They are in real tight fight. Sometimes it went to personal levels. But, here they attended a dinner together just 3 weeks before the election day. And both of them joked each other. Its all laugh everywhere.

They are rivals. They respect each other. End of the day, they are Americans! that feeling is there...

I would say this is one of the proud moments of being in a matured democracy. This is what democracy is all about!!! Blessed nation it is!!!

Wish one day, India also will be like that..


see this : http://www.youtube.com/watch?v=6SkFjTCscM4

Paln's stand on Iraq war and great leaders

I wached the 90 min. VP debate in TV.
One statement really striked me and could not find any reference on this in any of the news analysis on any medium..
Its the answer Palin gave on America's future plan on Iraq war. She replied that 'It will be complete surrender to withdraw troops from Iraq without 'winning' the war'!!!

It sounded very unprofessional and naive. Its like a great nation takes 'success'/'surrender' in a very personal manner!

What you menat by surrender?? I think the greatness lies where someone admits his/her mistake and accept the failure. The talks of surrender or defeat is utterly childish here....

Whom you are fighting in Iraq?? what's the objective fighing there? you entered ina wrong place and removed a stable goverment ( the govt was right or wrong is secondary). you created instability and you are not able to create stability - because you are an outsider!!!

We lack great leaders who understand their responsibility and position in history and power!!! even in US this is the problem... Or is it the problem of this century..

We do not have great leaders in world politics now - take any country - who has a vision about mankind's future.

That's the real tragedy and risk that humanity faces now :(

The confusion of financial system and me.

The entire financial system works on debt.
Its like I buy something, where someone ( bank) gives the assurance that they will gurantee the payment now, in turn bank 'trusts' me that I will reply the debt to bank with a 'cost' associated with that assurance.

It all started from the fact that I should have the means in the future to pay the debt back. What's my assurance - my plan or expectation in future!

If something goes wrong in future - I will be ruined as well as the bank's commitment. If everything goes good - I will make good forture as well as bank. But, I fault - everything is gone.

It starts from me. What if I dont buy something on debt? what if I have decided to save first and then buy - my growth will become slow. But, I think misery will help in long term... But, let me be selfish - what about the time which I 'waste' till I save enough wealth to enjoy these things...

Confusion ???

But, I believe in all practical purposes, its the conservatice financial management is what is more sustainable.. Atleast you have a moral happiness that you did not ruin some stranger to make your wealth ( as in the case of stock market).

I am still not confortable with the way stock are changing hands in stock market. Something wrong.. no one looks at company and its products. Its only buy and sell and get the profit!!! pure speculation.. its the speculation that spoiled that entire system.

My pledge - I am going bit concervative.. cut down my expence ( so income for some others), try to invest in something really 'productive' i.e., create some product or service which brings some wealth rather than some trade on promises....

Its my thoughts...