A place for me to speak-out. A chance for my soul to seek...
' Had I the heavens' embroidered cloths,
Enwrought with golden and silver light,
The blue, the dim and the dark cloths Of night and light and the half light, I would spread the cloths under your feet;
But I, being poor, have only my dreams;
I have spread my dreams under your feet;
Tread softly because you tread on my dreams '
- William Butler Yeats
Monday, February 03, 2014
Saturday, January 04, 2014
Thursday, November 07, 2013
BAR STOOL ECONOMICS - A nice & hilarious read on the state of the day
Suppose that every day, ten men go out for beer and the bill for all ten comes to $100 and they paid the bill the way we pay our taxes, it would go something like this:
The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.
So, that's what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. "Since you are all such good customers," he said, "I'm going to reduce the cost of your daily beer by $20." So drinks for the ten now cost just $80.
The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free...but what about the other six men - the paying customers? How could they divide the $20 windfall so that everyone would get his 'fair share?'. They realized that $20 divided by six is $3.33. But if they subtracted that from everybody's share, then the fifth man and the sixth man would each end up being paid to drink his beer.
So, the bar owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay. And so:
The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now paid $49 instead of $59 (16% savings).
Each of the six was better off than before...and the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.
"I only got a dollar out of the $20,"declared the sixth man. He pointed to the tenth man," but he got $10!"
"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got ten times more than I!"
"That's true!!" shouted the seventh man. "Why should he get $10 back when I got
only two? The wealthy get all the breaks!"
"Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits the poor!"
The nine men surrounded the tenth and beat him up.
The next night the tenth man didn't show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important. They didn't have enough money between all of them for even half of the bill!
And that, ladies and gentlemen, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.
David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia
For those who understand, no explanation is needed..
For those who do not understand, no explanation is possible.
L&T Valves Limited
www.lntvalves.com
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Wednesday, May 01, 2013
The World's Largest Telescope to be built in Hawaii -
The world's Largest Telescope to be built in Hawaii
Astronomers the world over will be beside themselves with glee with the news that the latest stage in the development plan of the world's largest telescope – the Thirty Meter Telescope (TMT) – was given the green light over the weekend. |
Thanks to its 30-meter-long (98.4 feet) segmented primary mirror, the enormous telescope will have nine times the collecting area of the current optical telescopes, while images will be three times sharper. |
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and may also be privileged for the sole use of the intended recipient(s) only.
If you are not the intended recipient, please notify the sender immediately
by e-mail and delete all copies of this e-mail.. you should not copy or use it for any purpose,
nor disclose its contents to any other person which is strictly prohibited.
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Monday, February 18, 2013
Wednesday, September 19, 2012
Saturday, September 01, 2012
Me(a)n and Matters...
Man is least himself when he talks in his own person. Give him a mask, and he will tell you the truth. Oscar Wilde demotivational poster - Oscar Wilde
Sunday, May 27, 2012
The wall stands tall - A tribute to the cricketing legend of our times...
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The true Gentleman of his time |
Always feeling disappointed and learning |
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Calm and Ecstatic after one of his Centuries |
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With his long playmate in tests who clocked playing together in the field more than anybody else mostly saving from the turbulent situations - The Saviours |
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His favourinte cuts he enjoyed the most. Playing on the backfoot |
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Ever so dedicated even during practicing in nets. Always willing to learn, playing the ball straight |
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Relished playing his part and always contributing to the team in every discipline |
The contrast couldn’t be sharper. He would come in and look to defend the first ball, let it hit the middle of the bat and slowly build his innings… the others would walk in looking to smack the leather off the ball – Sehwag with disdain, Tendulkar with authority, Laxman with his wrists and Sourav Ganguly through the off-side. In a partnership, Dravid was always the proverbial anchor – trying to keep the others firmly in the grasp of reality. But for them, it was easier to take the flights of fancy that Dravid could only dream of.
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His ODI pal with whom he went on to pile lots of runs and enjoyed playing with |
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Reaching out - Always willing to connect to his fans |
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Partnership stands during recent tour of England'12 goes to show his contribution even in modern times |
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Showing his grimace - Announcing his retirement at at a press conference in Bangalore recently |
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Trying hard to control his emotions during his Press Conference recently in Bangalore |
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Wisden cricket - Famous five of Indian cricket |















