Interest Rate Predictions Until 2010

Last updated on: July 14, 2006 at 5:57 am By Desh Kapoor

Where are the interest rates headed? Are they headed up - as the realtors believe they are or going to be either same or get lower, as Bill Gross, PIMCO Chief believes? Here is an interesting story: Bill Gross, if you don't know, is the world's biggest money manager. He controls at least $600 billion dollars, heading up the investments at PIMCO. Bill's got most of that money in bonds, so his interest rate forecasts are incredibly important. In his recent Investment Outlook newsletter, Bill shared with readers his interest rate forecast for now through 2010. Not surprisingly, it doesn't fit at all with what your local realtor is telling you. Here's what Bill believes is the range we'll see between now and 2010: Tack on an extra percent to make a guess about what mortgage rates might do over the next four years… putting them around 5.0% to 6.5% Read more

Suicide Bombing class goes wrong in the Terrorist High School!!

Last updated on: July 14, 2006 at 2:14 am By Desh Kapoor

Well.. it seems the Madrassas in Pakistan have some special "extra-curricular" activities going on - like suicide bombing for example. They even demo stuff with actual bombs in classes filled with kids!! And then we wonder how can someone kill people by the hundreds and not even feel any remorse!! Well, when they are brought up on such a rich educational heritage what can you possibly expect from the young men from the Islamic countries! I feel every Muslim person who believes in his/her religion should hang his/her head in shame.. when someone out there is using the tenets of the very religion to do all this. It is NOT enough to say that they are extremists. These extremists are FAR too many to just sit back and shrug their effect off!! If I pray to Ram and there is someone else who uses Ram's name to kill people - somewhere I lose too! Read more

Ramadoss Saga: The Bastard's fight with Venugopal and Attempt to Destroy AIIMS

Last updated on: July 13, 2006 at 6:57 pm By Desh Kapoor

Here is an article by TVR Shenoy on the Ramadoss controversy. Even the Supreme Court can see through the nonsense of this Bastard! The spinelessness of Dr. Singh which is visible as his helplessness is just truly amazing and telling!! There are times when a person really has to take a stand and say enough is enough! If .. if at all.. Dr. Singh got his spine back and stood up against all this nonsense and came out in the open to challenge - I am absolutely sure that DMK or PMK whichever shitty party this Ramadoss-bastard comes from would think twice before pulling the trigger on the coalition. People will not forgive them! In such controversies it is often One man's word against the others. The world in general is clear who is more trustworthy! As for Tamil Nadu politics - all Dr. Singh needs to do is have Dr. Kalam - the President explain the stuff out in Tamil!! I mean honestly.. stern action plus PR can achieve what politics cannot! It is that plain and simple!! The only weapon that bully has is the threat of his action. All the person bullied needs to do is make him realize the consequences should he carry out that threat!! Someone needs to call the bluff!! So, what is Dr. Singh waiting for? Unless he himself has ample empathy for Ramadoss' views!! Read more

Bombay's Undying Spirit and Our Government's Apathy!

Last updated on: July 13, 2006 at 3:51 pm By Desh Kapoor

Here is an email I received that exemplifies the spirit of Mumbai: Dear Terrorist, Even if you are not reading this we don't care. Time and again you tried to disturb us and disrupt our life -- killing innocent civilians by planting bombs in trains, buses and cars. You have tried hard to bring death and destruction, cause panic and fear and create communal disharmony. But every time you were unsuccessful. Do you know how difficult life in Mumbai is? Do you know what it takes for us to earn that single rupee? If you wanted to shock us, then we are sorry to say that you failed miserably. Better look elsewhere. Read more

Dr. Kurien and our respect for his Work?

Last updated on: July 12, 2006 at 10:53 pm By Desh Kapoor

A blogger Alka, writes about the irony of the fickle-mindedness of the Indian public - which cannot even identify someone who has worked so hard - like Dr. Kurien but go ga-ga over someone like Sonia Gandhi: I invite my fellow bloggers to enlighten me about contribution of the lady in the right picture, in the development of our country. I don't know if we carry out a survey and ask the people to identify the above two snaps, how many will recognize the gentleman. He passed the Master of Science in Mechanical Engineering from the Michigan State University, U.S.A. with distinction. So he had secured the so called "Ticket" to a good life. But instead of running after good life, he did the following: He has enabled India to become the largest milk producer in the world. A man with a rare vision, he devoted a lifetime to realize his dream - empowering the farmers of India. He is known as Father of White Revolution in India. She specifically mentions his "disgraceful" exit from GCMMF and wishes that the rest of the mortals should at least have shown some respect to such a great man. Great man he was. One who comes in decades!! But I think you need to look at Kurien's exit from GCMMF in perspective. I believe - barring VERY VERY few - most successful people become their own caricatures (even the mighty Gandhi was not spared from this "disease"). Dr. K - as we from IRMA (Institute of Rural management) - call him was a great visionary. But he also had a big ego and had become one heck of a megalomaniac. Read more

Paralyzed man Opens Email Using just his Thought!

Last updated on: July 12, 2006 at 9:24 pm By Desh Kapoor

A very interesting development here in science! We may be close to develop that interface between energy and matter - mind thought and the machine! A paralyzed man using a new brain sensor has been able to move a computer cursor, open e-mail and control a robotic device simply by thinking about doing it, a team of scientists said on Wednesday.They believe the BrainGate sensor, which involves implanting electrodes in the brain, could offer new hope to people paralyzed by injuries or illnesses."This is the first step in an ongoing clinical trial of a device that is encouraging for its potential to help people with paralysis," Dr Leigh Hochberg, of Massachusetts General Hospital, said in an interview. Read more

How Long can India Take it??

Last updated on: July 12, 2006 at 9:22 pm By Desh Kapoor

Oped piece in Washington Post talks about India's patience. I think this is a very relevant point. Somehow and for some reason, Dr. Singh's Government is not only been shamelessly meddlesome in the institutions that were hitherto the pride of the country but also been fairly meek when it comes to dealing with Pakistani Government!! It has been the constant refrain and logic from the Congress Government where they have always equated the response of Indian Muslims with India's relations with Islamic countires that had been the bane of the Indian Republic! If it wasn't for the Vajpayee Government Israel would remain a word spoken in whispers befitting secrets of state in the diplomatic circles!! Why? Because we cannot alienate the Indian Muslims and the Islamic countries. This is even worse than directing violence against the Indian Muslims - you are setting them up for alienation. First they will feel it is logical too - whether they agree or not. And worse the other communities feel that this is so as a reality stand!! Both the scenarios have been proven incorrect! But Congress has NOT learnt its lesson. We need to stand up and just give a nice earful to Musharraf and his Army folks. To say that Musharraf and Paki Army is divorced from the militants is nonsense!! What hasn't happened is arguably even more impressive. Despite an attack on a religious complex in Ayodhya last July, again by militants based in Pakistan, Indian Prime Minister Manmohan Singh announced that the dialogue would continue. Read more

Mumbai Blast: List of Injured and Dead

Last updated on: July 12, 2006 at 6:09 pm By Desh Kapoor

Sion Hospital: The list of injured Number Name Age 1. Navin Devdiya 36 2. Kalpesh Rauth 30 3. Sudhakar D Shinde 41 4. Naved Chauhan 36 5. K P Yadav 50 6. Kishore Jain 46 7. P C Varghese 49 Read more

Mumbai: All Bombs on stations near Muslim Dominated Areas

Last updated on: July 12, 2006 at 2:42 pm By Desh Kapoor

Ashok Row Kavi - a firebrand gay activist - gave his experience. This one line got my attention!! The TV is showing the bombed bogeys. What is curious is that all the bombs were placed on the western suburban line; the bombs have also gone off near Muslim dominated stations so this may be a trick to instigate communal riots and I hope neither community falls into the trap. The counter question I have in my mind is: Were all the bombs set off in areas close to Muslim dominated areas because they wanted to instigate or because it was easier for the culprits to escape?? Read more

Conde Nast buys Wired News

Last updated on: July 12, 2006 at 2:59 am By Desh Kapoor

Another purchase of an internet property. Yesterday I was listening to Jim Cramer's MAd Money show and he was eulogizing NewsCorp - Rupert Murdoch's company. There are some important and interesting internet properties they have - specifically MySpace.com .. which he values a lot... as well as other stuff. Conde Nast, which bought Wired magazine eight years ago, is paying $25 million to acquire troubled online site Wired News from Lycos, the companies said late Tuesday. Conde Nast, whose roster of publications includes The New Yorker, Vogue and Architectural Digest, will retain the 15 to 20 Wired News staffers, according to Daum Communications of Korea, which bought Lycos two years ago. The Wired News staff is located in the same building as the print magazine in downtown San Francisco. Read more

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