31 October 2008
30 October 2008
Audrey's bar Jade, did a really great job with their Halloween night promo posters. It's so good that I felt the need to share it with the readers of this blog. "Alice in Wonderland" turned poster child for Satan. Literally! Always a good mixture for making the hair at the back of your neck stand up. Hopefully some of you will make it there on Halloween night dressed to kill. Pardon the pun.Contact info. for more details:
tel - 6 088 248881
Email - jade.barcafe@gmail.com
27 October 2008
Congratulations to Mel & Jijoe that just recently tied the knot! Here are some tips to ensure an everlasting marriage:
1. Always put her first - before work, friends, even basketball. Act as if she's the best thing that ever happened to you, because we all know she is.
2. Keep no secrets. Pool your money. Allow nothing and no one to come between you.
3. Pick your fights with care. Play fair. Show some class. Hurtful words can be forgiven, but they're hard to forget.
4. Fall in love again every day. Kiss her in taxis. Flirt with her at parties. Tell her she's beautiful. Then tell her again.
5. Never miss an anniversary or a birthday or a chance to make a memory. Memories may not seem important now, but one day they'll be gold.
6. Never give her a practical gift. If she really wants a Shop-Vac, let her pick it out herself.
7. Go to the mosque together, and pray every day for each other and your marriage.
8. Pay your bills on time and make sure you each have a living will, a durable power of attorney and life insurance, lest, God forbid, you need them.
9. Love her parents as your own, but don't ask them for money. Never criticize her family or friends. On her birthday, send flowers to her mother with a note saying, "Thank you for giving birth to the love of my life."
10. Always listen to her heart; if you're wrong, say you're sorry; if you're right, shut up.
11. Don't half-tie the knot; plan to stay married forever.
12. Never go to bed mad; talk until you're over it, or you forget why you were mad.
13. Laugh together a lot. If you can laugh at yourselves, you'll have plenty to laugh about.
14. Never criticize, correct or interrupt her in public; try not to do it in private either.
15. Remember that people are the least lovable when they are most in need of love.
16. Never fall for the myth of perfectionism; it's a lie.
17. When you don't like each other, remember that you love each other; pray for the "good days" to return and they will.
18. Tell the truth, only the truth, with great kindness.
19. Kiss at least 10 seconds a day, all at once or spread out.
20. Memorize all her favorite things and amaze her with how very well you know her.
21. Examine your relationship as often as you change the oil in your car; keep steering it on a path you both want it to go.
22. Be content with what you have materially, honest about where you are emotionally, and never stop growing spiritually.
23. Never raise your voice unless you're on fire. Whisper when you argue.
24. Be both friends and lovers; in a blackout, light a candle, then make your own sparks.
25. Finally, be an interesting person, lead your own life. But always save your best for each other. In the end, you will know you were better together than you ever could've been apart.
Personally, I've only done 10 out of the 25 tips!
Source
15 October 2008
12 October 2008
10 October 2008
09 October 2008
08 October 2008
Financial Crisis Explained
Once there was a little island country. The land of this country was the tiny island itself. The total money in circulation was 2 dollars as there were only two pieces of 1 dollar coins circulating around.
1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar.
2) B decided to purchase the land from A for 1 dollar. So, now A and C own 1 dollar each while B owned a piece of land that is worth 1 dollar.
* The net asset of the country now = 3 dollars.
3) Now C thought that since there is only one piece of land in the country, and land is non producible asset, its value must definitely go up. So, he borrowed 1 dollar from A, and together with his own 1 dollar, he bought the land from B for 2 dollars.
*A has a loan to C of 1 dollar, so his net asset is 1 dollar.* B sold his land and got 2 dollars, so his net asset is 2 dollars.* C owned the piece of land worth 2 dollars but with his 1 dollar debt to A, his net residual asset is 1 dollar.* Thus, the net asset of the country = 4 dollars.
4) A saw that the land he once owned has risen in value. He regretted having sold it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollars from B and acquired the land back from C for 3 dollars. The payment is by 2 dollars cash (which he borrowed) and cancellation of the 1 dollar loan to C.As a result, A now owned a piece of land that is worth 3 dollars. But since he owed B 2 dollars, his net asset is 1 dollar.* B loaned 2 dollars to A. So his net asset is 2 dollars.* C now has the 2 coins. His net asset is also 2 dollars.* The net asset of the country = 5 dollars. A bubble is building up.
(5) B saw that the value of land kept rising. He also wanted to own the land. So he bought the land from A for 4 dollars. The payment is by borrowing 2 dollars from C, and cancellation of his 2 dollars loan to A.
* As a result, A has got his debt cleared and he got the 2 coins. His net asset is 2 dollars.* B owned a piece of land that is worth 4 dollars, but since he has a debt of 2 dollars with C, his net asset is 2 dollars.* C loaned 2 dollars to B, so his net asset is 2 dollars.* The net asset of the country = 6 dollars; even though, the country has only one piece of land and 2 Dollars in circulation.
(6) Everybody has made money and everybody felt happy and prosperous.
(7) One day an evil wind blew, and an evil thought came to C’s mind. “Hey, what if the land price stop going up, how could B repay my loan. There is only 2 dollars in circulation, and, I think after all the land that B owns is worth at most only 1 dollar, and no more.”
(8) A also thought the same way.
(9) Nobody wanted to buy land anymore.
* So, in the end, A owns the 2 dollar coins, his net asset is 2 dollars.* B owed C 2 dollars and the land he owned which he thought worth 4 dollars is now 1 dollar. So his net asset is only 1 dollar.* C has a loan of 2 dollars to B. But it is a bad debt. Although his net asset is still 2 dollars, his Heart is palpitating.* The net asset of the country = 3 dollars again.
(10) So, who has stolen the 3 dollars from the country ? Of course, before the bubble burst B thought his land was worth 4 dollars. Actually, right before the collapse, the net asset of the country was 6 dollars on paper.
B’s net asset is still 2 dollars, his heart is palpitating.
(11) B had no choice but to declare bankruptcy. C as to relinquish his 2 dollars bad debt to B, but in return he acquired the land which is worth 1 dollar now.
* A owns the 2 coins, his net asset is 2 dollars.* B is bankrupt, his net asset is 0 dollar. ( he lost everything )* C got no choice but end up with a land worth only 1 dollar* The net asset of the country = 3 dollars.
************ **End of the story; BUT ************ ********* ******
There is however a redistribution of wealth.A is the winner, B is the loser, C is lucky that he is spared.
A few points worth noting -(1) When a bubble is building up, the debt of individuals to one another in a country is also building up.(2) This story of the island is a closed system whereby there is no other country and hence no foreign debt. The worth of the asset can only be calculated using the island’s own currency. Hence, there is no net loss.(3) An over-damped system is assumed when the bubble burst, meaning the land’s value did not go down to below 1 dollar.(4) When the bubble burst, the fellow with cash is the winner. The fellows having the land or extending loan to others are the losers. The asset could shrink or in worst case, they go bankrupt.(5) If there is another citizen D either holding a dollar or another piece of land but refrains from taking part in the game, he will neither win nor lose. But he will see the value of his money or land go up and down like a see saw.(6) When the bubble was in the growing phase, everybody made money.(7) If you are smart and know that you are living in a growing bubble, it is worthwhile to borrow money (like A ) and take part in the game. But you must know when you should change everything back to cash.(8) As in the case of land, the above phenomenon applies to stocks as well.(9) The actual worth of land or stocks depend largely on psychology..
Source
Note to reader(s): I got lost somewhere on number (4) of the preamble reading it the first time, so don't feel so bad if you had to reread it to comprehend.
1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar.
2) B decided to purchase the land from A for 1 dollar. So, now A and C own 1 dollar each while B owned a piece of land that is worth 1 dollar.
* The net asset of the country now = 3 dollars.
3) Now C thought that since there is only one piece of land in the country, and land is non producible asset, its value must definitely go up. So, he borrowed 1 dollar from A, and together with his own 1 dollar, he bought the land from B for 2 dollars.
*A has a loan to C of 1 dollar, so his net asset is 1 dollar.* B sold his land and got 2 dollars, so his net asset is 2 dollars.* C owned the piece of land worth 2 dollars but with his 1 dollar debt to A, his net residual asset is 1 dollar.* Thus, the net asset of the country = 4 dollars.
4) A saw that the land he once owned has risen in value. He regretted having sold it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollars from B and acquired the land back from C for 3 dollars. The payment is by 2 dollars cash (which he borrowed) and cancellation of the 1 dollar loan to C.As a result, A now owned a piece of land that is worth 3 dollars. But since he owed B 2 dollars, his net asset is 1 dollar.* B loaned 2 dollars to A. So his net asset is 2 dollars.* C now has the 2 coins. His net asset is also 2 dollars.* The net asset of the country = 5 dollars. A bubble is building up.
(5) B saw that the value of land kept rising. He also wanted to own the land. So he bought the land from A for 4 dollars. The payment is by borrowing 2 dollars from C, and cancellation of his 2 dollars loan to A.
* As a result, A has got his debt cleared and he got the 2 coins. His net asset is 2 dollars.* B owned a piece of land that is worth 4 dollars, but since he has a debt of 2 dollars with C, his net asset is 2 dollars.* C loaned 2 dollars to B, so his net asset is 2 dollars.* The net asset of the country = 6 dollars; even though, the country has only one piece of land and 2 Dollars in circulation.
(6) Everybody has made money and everybody felt happy and prosperous.
(7) One day an evil wind blew, and an evil thought came to C’s mind. “Hey, what if the land price stop going up, how could B repay my loan. There is only 2 dollars in circulation, and, I think after all the land that B owns is worth at most only 1 dollar, and no more.”
(8) A also thought the same way.
(9) Nobody wanted to buy land anymore.
* So, in the end, A owns the 2 dollar coins, his net asset is 2 dollars.* B owed C 2 dollars and the land he owned which he thought worth 4 dollars is now 1 dollar. So his net asset is only 1 dollar.* C has a loan of 2 dollars to B. But it is a bad debt. Although his net asset is still 2 dollars, his Heart is palpitating.* The net asset of the country = 3 dollars again.
(10) So, who has stolen the 3 dollars from the country ? Of course, before the bubble burst B thought his land was worth 4 dollars. Actually, right before the collapse, the net asset of the country was 6 dollars on paper.
B’s net asset is still 2 dollars, his heart is palpitating.
(11) B had no choice but to declare bankruptcy. C as to relinquish his 2 dollars bad debt to B, but in return he acquired the land which is worth 1 dollar now.
* A owns the 2 coins, his net asset is 2 dollars.* B is bankrupt, his net asset is 0 dollar. ( he lost everything )* C got no choice but end up with a land worth only 1 dollar* The net asset of the country = 3 dollars.
************ **End of the story; BUT ************ ********* ******
There is however a redistribution of wealth.A is the winner, B is the loser, C is lucky that he is spared.
A few points worth noting -(1) When a bubble is building up, the debt of individuals to one another in a country is also building up.(2) This story of the island is a closed system whereby there is no other country and hence no foreign debt. The worth of the asset can only be calculated using the island’s own currency. Hence, there is no net loss.(3) An over-damped system is assumed when the bubble burst, meaning the land’s value did not go down to below 1 dollar.(4) When the bubble burst, the fellow with cash is the winner. The fellows having the land or extending loan to others are the losers. The asset could shrink or in worst case, they go bankrupt.(5) If there is another citizen D either holding a dollar or another piece of land but refrains from taking part in the game, he will neither win nor lose. But he will see the value of his money or land go up and down like a see saw.(6) When the bubble was in the growing phase, everybody made money.(7) If you are smart and know that you are living in a growing bubble, it is worthwhile to borrow money (like A ) and take part in the game. But you must know when you should change everything back to cash.(8) As in the case of land, the above phenomenon applies to stocks as well.(9) The actual worth of land or stocks depend largely on psychology..
Source
Note to reader(s): I got lost somewhere on number (4) of the preamble reading it the first time, so don't feel so bad if you had to reread it to comprehend.
07 October 2008
05 October 2008
Politics Explained
FEUDALISM: You have two cows. Your lord takes some of the milk.
PURE SOCIALISM: You have two cows. The government takes them and puts them in a barn with everyone else's cows. You have to take care of all of the cows. The government gives you as much milk as you need.
BUREAUCRATIC SOCIALISM: You have two cows. The government takes them and put them in a barn with everyone else's cows. They are cared for by ex-chicken farmers. You have to take care of the chickens the government took from the chicken farmers. The government gives you as much milk and eggs as the regulations say you need.
FASCISM: You have two cows. The government takes both, hires you to take care of them and sells you the milk.
PURE COMMUNISM: You have two cows. Your neighbors help you take care of them, and you all share the milk.
RUSSIAN COMMUNISM: You have two cows. You have to take care of them, but the government takes all the milk.
CAMBODIAN COMMUNISM: You have two cows. The government takes both of them and shoots you.
DICTATORSHIP: You have two cows. The government takes both and drafts you.
PURE DEMOCRACY: You have two cows. Your neighbors decide who gets the milk.
REPRESENTATIVE DEMOCRACY: You have two cows. Your neighbors pick someone to tell you who gets the milk.
BUREAUCRACY: You have two cows. At first the government regulates what you can feed them and when you can milk them. Then it pays you not to milk them. Then it takes both, shoots one, milks the other and pours the milk down the drain. Then it requires you to fill out forms accounting for the missing cows.
PURE ANARCHY: You have two cows. Either you sell the milk at a fair price or your neighbors try to take the cows and kill you.
LIBERTARIAN/ANARCHO-CAPITALISM: You have two cows. You sell one and buy a bull.
SURREALISM: You have two giraffes. The government requires you to take harmonica lessons.
PURE SOCIALISM: You have two cows. The government takes them and puts them in a barn with everyone else's cows. You have to take care of all of the cows. The government gives you as much milk as you need.
BUREAUCRATIC SOCIALISM: You have two cows. The government takes them and put them in a barn with everyone else's cows. They are cared for by ex-chicken farmers. You have to take care of the chickens the government took from the chicken farmers. The government gives you as much milk and eggs as the regulations say you need.
FASCISM: You have two cows. The government takes both, hires you to take care of them and sells you the milk.
PURE COMMUNISM: You have two cows. Your neighbors help you take care of them, and you all share the milk.
RUSSIAN COMMUNISM: You have two cows. You have to take care of them, but the government takes all the milk.
CAMBODIAN COMMUNISM: You have two cows. The government takes both of them and shoots you.
DICTATORSHIP: You have two cows. The government takes both and drafts you.
PURE DEMOCRACY: You have two cows. Your neighbors decide who gets the milk.
REPRESENTATIVE DEMOCRACY: You have two cows. Your neighbors pick someone to tell you who gets the milk.
BUREAUCRACY: You have two cows. At first the government regulates what you can feed them and when you can milk them. Then it pays you not to milk them. Then it takes both, shoots one, milks the other and pours the milk down the drain. Then it requires you to fill out forms accounting for the missing cows.
PURE ANARCHY: You have two cows. Either you sell the milk at a fair price or your neighbors try to take the cows and kill you.
LIBERTARIAN/ANARCHO-CAPITALISM: You have two cows. You sell one and buy a bull.
SURREALISM: You have two giraffes. The government requires you to take harmonica lessons.
04 October 2008
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