Saturday, August 9, 2008

Don’t eat the yellow snow


On 15th April, 1987, there was panic in USA. 7 million children went missing overnight. 7 million amounted to 1 in every 10 dependent children in the country. It was something unheard of. What could possibly be the reason? Steven D Levitt points out that this was because a new law which was enforced where every child eligible for deduction from taxes should have a social security number. So all the fictitious dependent children existing only in papers for tax deduction (connected to some 1040 form) vanished overnight.

Now days we see that everyone is talking about Chinese goods being so cheap so much that they have a new term for this- Chinese price (which means cheap price). Is their production so efficient that no country can beat it? The truth is that they have artificially devalued their currency against dollars and so whatever they export is cheap thus also causing a global imbalance. To add to this US has been printing dollars like there is no tomorrow. (For them, that just might be the case.)

Mr. Bush (how does he sleep at night) justifies his action affirming all the time- 9/11 CHANGED EVERYTHING. Whatever happened on 9th of November! (they are the only country who dates things this way). Meanwhile across Atlantic Ocean, UK doesn’t go public with their M1, M2 or M3 data (I am not sure what they are, but apparently they are very important).

Coming to India CITI Bank was busy selling its office furniture and I read a statement made by a senior CITI Banker. He claimed that the sub-prime crisis was not effecting its operations in India. I am also in the opinion that it makes sense that in India the Government employees do not pay service tax- they hardly provide any service.

Okay, now here was a list of non connected information. Now what should we infer from that? I would like this opportunity to quote the greatest letter ever written which I feel is somewhat ignored my mankind. It’s a letter from Mahatma Gandhi to a non- German- Hitler (he was an Austrian).

“It is quite clear that you are today the one person in the world who can prevent a war which may reduce humanity to savage state. Must you pay that price for an object however worthy it may appear to you to be? Will you listen to the appeal of one who has deliberately shamed the methods of war not without considerable success? Anyway I anticipate your forgiveness, if I have erred in writing to you.

I remain,

Your Sincere friend

M. K. Gandhi”

Master Frank Zappa explains all this with a beautiful story. Its about the naughty Eskimo who ate the yellow snow. A stranger from the commercial world took a cone of yellow snow (from where the dogs go) and rubbed it in his eyes. And since then the Eskimo cannot see, temporarily. The commercial world has stripped us of our sight. If we sell our soul and earned money, is it actually smart business? Reaching for glory we have to also see the price we are paying for it cause any castle built on lies is but temporary. You can ask the president of United States (or Uma Bharti for that matter).

In words of Homer Simpsons- “Money cant buy everything, for example dinosaurs”