Happy & Prosperous Diwali

Wishing you and your dear once a very Happy Diwali.

Let the festival of lights
Add happiness and joy to all of us...........

Bankruptcy Concept...

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

ForwardSourceID:NT0001392E    
Regards,

Sandeep Garg

 

FW: Good Old days...!!

 

Hi Friends, Are you missing those days? Sometimes I do Doordarshan Logo Doordarshan' s Screensaver Malgudi Days Dekh Bhai Dekh Ramayan Mile Sur Mera Tumhara Turning Point Bharath Ek Khoj Alif Laila Byomkesh Bakshi Tehkikaat He Man Salma Sultana DD News Reader Vicco turmeric, Nahin cosmetic Vicco turmeric ayurvedic cream Twaiiiiiiiiiiiiiiii iiiiiiiiiiiiiiii iiiiiiinggggggg Washin powder Nirma, Washing powder Nirma Doodh si safedi, Nirma se aayi Rangeen kapde bhi khil khil jaaye I'm a Complan Boy (Shahid Kapoor) and I'm a Complan Girl (Ayesha Takia) Surabhi: Renuka Sahane and Siddharth Then were 'Mungerilal ke hasin sapane' and 'karamchand' ...'Vikram Betal', etc. .How did one survive growing up in the 80's and 90's? We had no seatbelts, no airbags and sitting in the back of a truck was a treat… Our baby prams had the most gorgeous lead based colours… No such thing as tamper proof bottle tops… .Opening kitchen cupboards was a breeze… as safety locks were unheard off… Cycling was like a breath of fresh air… No safety helmets, knee pads or elbow pads, with plenty of cardboards between spokes to make it sound like a motorbike… .When thirsty we only drank tap water, bottled water was still a mystery… We kept busy collecting bits & pieces so we could build all sort of things … and we were fearless on our bikes even when the brakes failed going downhill… We were showing off how tough we are, by how high we could climb trees & then jumping down….It was great fun…. .We could stay out to play for hours, as long as we got back before dark, in time for dinner… We walked to school, or sometimes we even rode our bike. We had no mobile phones, but we always managed to find each other…. How? No one knows… .We lost teeth, broke arms & legs, we got cuts and bruises and bloody noses…. nobody complained as we had so much fun, it wasn't anybody's fault, only ours We ate everything in sight, cakes, bread, chocolate, ice-cream, sweet sugary drinks, yet, we stayed skinny by fooling around. .And if one of us was lucky to find a 1 litre coca cola bottle we all had a swag from it & guess what? Nobody picked up any germs... We did not have Play Stations, MP3, Nintendo's, I-Pods, Video games, 99 Cable TV channels, DVD's, Home Cinema, Mobile phones, Home Computers, Laptops, Chat-rooms, Internet, etc ... BUT, we had REAL FRIENDS!!!! We called on friends to come out to play, never rang the doorbell, just went around the back… We loved being let loose in the big bad world…without bodyguards… We played with sticks and stones, played cowboys and Indians, doctors and nurses, hide and seek, soccer games, over and over again… When we failed our exams we were given a second chance by simply repeating the same grade…without visiting psychiatrists, psychologists or counselors… Such were the days… .We had freedom, success, disappointments and responsibilities. .. Most of all, we learned to respect others… .......so do u miss those days! Hmm…… Maybe this message will help us forget the stress that surrounds us these days….and just for a few moments wud puts a smile r faces   HAVE A GREAT DAY!  :-) --

 

 

FW: Congratssssssssss .......

 

 

UNESCO(United Nations Educational, Scientific and Cultural Organization)
Announces INDIAN NATIONAL ANTHEM as the BEST National Anthem in the World.

Please forward this to all the Indians.
 
PROUD TO BE INDIAN!...

 

 

Rock on...........in my own words.......

Really nice one..........

 

 

Mere Sar  pe  itna Load,
Ek Aadha JAVA ka Code
Na Na Na Na Na
Na Na Na Na Na...

Ek Ladki  Ki Tension,
Mere Daddy ki Pension
Na Na Na Na Na
Na Na Na Na Na...,

Mere Bike ka Ek Handle
Ladki se padi Kali Sandal
Pichhle Saat Dino Mein Maine Khoya
Kabhi Khud Pe Hansa Main Aur Kabhi Khud Pe Roya
Na Na Na Na Na ...
Na Na Na Na Na ...
Na Na Na Na Na ...
Na Na Na Na Na ....

College  ka Ek Award,
80GB ka i-Pod
Na Na Na Na Na
Na Na Na Na Na...

Meri  Maggi  ki packet,
Meri tennis ki Racket
Na Na Na Na Na
Na Na Na Na Na...

Mera Taklaa SPM,
Kal ki last bus at 9pm    

Pichhle Saat Dino Mein Maine Khoya
Kabhi Khud Pe Hansa Main,
Aur Kabhi Khud Pe...Roya

 

 

Kaise Bhuloon Friday ka Din Aaya
Kisi Ne Tumse Ek Project Mein Milwaaya
Kaisa Pal Tha Jis Pal Maine Tumko  cubicle mein  Dekha Tha......
Hum Jo Mile Pehli Baar Maine Jaana.. Kya Hai Pyaar
Maine Hosh Bhi Khoya Dil Bhi Khoya
Kabhi Khud Pe Hansa Main,
Aur Kabhi Khud Pe Roya
Na Na Na Na Na...
Na Na Na Na Na...
Na Na Na Na Na...
Na Na Na Na Na...

 

Maine Pichhle Saat Dino Mein Ye Sab Hai, Khoyahhhh

 

FW: It's time to laugh

Man knocks @ door.

10 yr old boy comes with cigarette in one hand and beer in other...

Man: पापा घर पर हैं?

Boy: भूतनी के! मुझे देख कर लग रहा है की पापा घर पर होंगे...



Teacher: आसमान में उड़ने वाली चीज़ अंडे देती है, ज़मीन पर रहने वाली
बच्चे देती है, कौन सी चीज़ है जो आसमान में उड़ती है, पर बच्चे ज़मीन पर
देती है?

Sardar: ओजी Sir! "Airhostess"



एक कौवे ने एक शेरनी को propose किया,

तो वोह बोली

"पहले अपने आपको देख, अपनी शकल को देख,

अपने शरीर को देख"

कौवा बोला "ये सब छोड़, तू मेरे confidence को देख"





Dhritrashtra: मैं खुश हूँ की तुमने मेरे १०० पुत्रों को जन्म दिया...

Gaandhari: स्वामी! ये संभव न होता अगर आप अंधे न होते !



ये प्यार भी अजीब चीज़ है,

माँ से हो तो 'ममता'..

बाप से हो तो 'कर्तव्य'...

भाई से हो तो 'धर्म'...

बेहेन से हो तो 'फ़र्ज़'...

और बीवी से हो तो...

चुन्नू, मुन्नू, गोलू, मोलू, छोटू ...



Amitabh: मेरे पास बंगला है, गाडी है.

तुम्हारे पास क्या है...?

Shashi: मेरे पास भी बंगला है, गाडी है...

Amitabh: साले, तो फिर माँ किसके पास है ...?

FW: IAS Interview

  The IAS Interview
  
  One young man went for an IAS Interview.
  
  "When did India get independence?" He was asked.
  
  "The efforts began a few years earlier and final result was in 1947" He replied.
  
  "Who was responsible for our independence?"
  
  "There were so many. Whom to mention? If I name one, it will be a injustice to another." He replied.
  "Is corruption the number one enemy in our country?"
  
  "Some research is going on the subject and I can answer with certainly only after seeing the report" He replied.
  
  The interview board was very pleased with his original and thoughtful answers and asked him not to reveal the questions to others, since they were planning to ask the same questions.
  When he went out naturally others were curious to know what was asked. He politely declined, but one persistent Santa would not leave him. "At least tell me the answers" he pleaded, and our friend obliged.
  
  Then it was the turn of this Santa. When he went inside, since his resume was slightly illegible, the board member asked him." By the way, what is your date of birth?"
  
  He replied, "The effort began a few years earlier and final result was in 1947."

  "I love this one" :D
  
  Somewhat puzzled, they asked another clarification. "What is your fathers name?"
  
  He replied, "There were so many. Whom to mention". If I name one, it will be injustice to another".
  
  The interviewer was incensed.
  
  "Hey! Are you mad or what?"
  
  He replied. "Some research is going on the subject. I can answer with certainty only after seeing the report."

FW: Happy Ganesh Chaturthi....

 

 
GANAPATI BAPPA MORAYA!!!!!!!!!!!!!!!!!

 
 
 

WISH YOU ALL VERY HAPPY GANESH FESTIVAL!!!!!!!!!!!!!!!!

 

 

“VAKRA TUNDA MAHAKAYA SURYAKOTI SAMAPRABHA NIRVIGHNAM KURU ME DEVO SARVA KARYESHU SARVADA!!!”

 

 

 

 

 

Gajananam, Bhootha Ganaathi Sevitham,
Kavitha Jambu Manasara Bakshitham
Uma sutham, shoka vinaasa haaranam,
Namaami Vigneshwara, paada pankajam

Agajaanana padmaarkam gajanana maharnisam
Anekadham dham bhakthanam ekadhantham upasmahe

Mooshika Vahana Modhaga Hasta
Shyamala Karna Vilambitha Sutra
Vamana Rupa Maheshwara Putra
Vigna Vinayaka Pada Namaste

Gowri-Ganeshanu Nammellarigu Siddi, Buddi, Siri-Sampathannu kottu,

Nammellara karyagallali yeshasu needali yendu prartisuttha

Ellarigu subha haraisali yendu koorutha

Nimagellarigu Gowri-Ganesha Habbada subhashayagalannu harasutene

 

 

 

108 Names Of Lord Ganesha & their meanings

1 Akhurath One who has Mouse as His Charioteer
2 Alampata Ever Eternal Lord
3 Amit Incomparable Lord
4 Anantachidrupamayam Infinite and Consciousness Personified
5 Avaneesh Lord of the whole World
6 Avighna Remover of Obstacles
7 Bala gana pati Beloved and Lovable Child
8 Bhalchandra Moon-Crested Lord
9 Bheema Huge and Gigantic
10 Bhupati Lord of the Gods
11 Bhuvanpati God of the Gods
12 Buddhinath God of Wisdom
13 Buddhipriya Knowledge Bestower
14 Buddhividhata God of Knowledge
15 Chaturbhuj One who has Four Arms
16 Devadeva Lord of All Lords
17 Devantakanashakarin Destroyer of Evils and Asuras
18 Devavrata One who accepts all Penances
19 Devendrashika Protector of All Gods
20 Dharmik One who gives Charity
21 Dhoomravarna Smoke-Hued Lord
22 Durja Invincible Lord
23 Dvaimatura One who has two Mothers
24 Ekaakshara He of the Single Syllable
25 Ekadanta Single-Tusked Lord
26 Ekadrishta Single-Tusked Lord
27 Eshanputra Lord Shiva's Son
28 Gadadhara One who has The Mace as His Weapon
29 Gajakarna One who has Eyes like an Elephant
30 Gajanana Elephant-Faced Lord
31 Gajananeti Elephant-Faced Lord
32 Gajavakra Trunk of The Elephant
33 Gajavaktra One who has Mouth like an Elephant
34 Ganadhakshya Lord of All Ganas (Gods)
35 Ganadhyakshina Leader of All The Celestial Bodies
36 Ganapati Lord of All Ganas (Gods)
37 Gaurisuta The Son of Gauri (Parvati)
38 Gunina One who is The Master of All Virtues
39 Haridra One who is Golden Coloured
40 Heramba Mother's Beloved Son
41 Kapila Yellowish-Brown Coloured
42 Kaveesha Master of Poets
43 Krti Lord of Music
44 Kripalu Merciful Lord
45 Krishapingaksha Yellowish-Brown Eyed
46 Kshamakaram The Place of Forgiveness
47 Kshipra One who is easy to Appease
48 Lambakarna Large-Eared Lord
49 Lambodara The Huge Bellied Lord
50 Mahabala Enormously Strong Lord
51 Maha gana pati Omnipotent and Supreme Lord
52 Maheshwaram Lord of The Universe
53 Mangalamurti All Auspicious Lord
54 Manomay Winner of Hearts
55 Mrityuanjaya Conqueror of Death
56 Mundakarama Abode of Happiness
57 Muktidaya Bestower of Eternal Bliss
58 Musikvahana One who has mouse as charioteer
59 Nadapratithishta One who Appreciates and Loves Music
60 Namasthetu Vanquisher of All Evils & Vices & Sins
61 Nandana Lord Shiva's Son
62 Nideeshwaram Giver of Wealth and Treasures
63 Omkara One who has the Form Of OM
64 Pitambara One who has Yellow-Coloured Body
65 Pramoda Lord of All Abodes
66 Prathameshwara First Among All
67 Purush The Omnipotent Personality
68 Rakta One who has Red-Coloured Body
69 Rudrapriya Beloved Of Lord Shiva
70 Sarvadevatman Acceptor of All Celestial Offerings
71 Sarvasiddhanta Bestower of Skills and Wisdom
72 Sarvatman Protector of The Universe
73 Shambhavi The Son of Parvati
74 Shashivarnam One who has a Moon like Complexion
75 Shoorpakarna Large-Eared Lord
76 Shuban All Auspicious Lord
77 Shubhagunakanan One who is The Master of All Virtues
78 Shweta One who is as Pure as the White Colour
79 Siddhi dhata Bestower of Success & Accomplishments
80 Siddhi priya Bestower of Wishes and Boons
81 Siddhi vinayaka Bestower of Success
82 Skandapurvaja Elder Brother of Skand (Lord Kartik)
83 Sumukha Auspicious Face
84 Sureshwaram Lord of All Lords
85 Swaroop Lover of Beauty
86 Tarun Ageless
87 Uddanda Nemesis of Evils and Vices
88 Umaputra The Son of Goddess Uma (Parvati)
89 Vakratunda Curved Trunk Lord
90 Vara gana pati Bestower of Boons
91 Varaprada Granter of Wishes and Boons
92 Varadavinayaka Bestower of Success
93 Veera gana pati Heroic Lord
94 Vidyavaridhi God of Wisdom
95 Vighnahara Remover of Obstacles
96 Vignaharta Demolisher of Obstacles
97 Vighnaraja Lord of All Hindrances
98 Vighnarajendra Lord of All Obstacles
99 Vighnavinashanaya Destroyer of All Obstacles & Impediments
100 Vigneshwara Lord of All Obstacles
101 Vikat Huge and Gigantic
102 Vinayaka Lord of All
103 Vishwamukha Master of The Universe
104 Vishwaraja King of The World
105 Yagnakaya Acceptor of All Sacred & Sacrficial Offerings
106 Yashaskaram Bestower of Fame and Fortune
107 Yashvasin Beloved and Ever Popular Lord
108 Yogadhipa The Lord of Meditation

 

MAY LORD GANESHA FULFILL ALL YOUR WISHES!!!!!!!!!!!

Ganapati Bappa Moraya!!!