Tuesday, December 6, 2011

Is there a correlation..

Today, after work I went to one of my usual food joints to pick up my meal. (Location and names withheld for obvious reasons). Employee behind the counter was giving me hard time for not going there frequently. After the regular banter, he mentioned the he lost his regular job and that fast food job is his only job now. I felt sorry, just before I paid I asked him whether he have a family. "Three beautiful kids and wife, and fortunately she's working". I left the place on a good note.

So it came to one of the topics which we heatedly discuss at work, among close friends. The topic is, If you're poor, is it a wise move to have more kids? Or in other words, why poor people end up with more kids while rich have far too less. I understand that reproductive rights are fundamental and you can't control or mandate couples (married or unmarried) to have kids based on how much money you've at that point of time. (This doesn't apply in China though)

Look around, look beyond our usual suburban life. You can see that most of the people who depend on welfare or food stamps have more than 2 or 3 kids. The poverty in these inner city/urban areas is gut wrenching It's like watching a horror movie in a loop. You can see this at your neighboring Wal-Mart location also. It's tough to say what caused that poverty and which preceded what? The childbirths or the downfall into poverty.

In India it's even worse. There's so much societal pressure to bear more children when you're in right age. No matter how flimsy you income source is and how costly it became to raise a child and educate him or her. "Leave it to the Almighty, he'll take care of all of them."

Meanwhile you see that Upper middle class and rich couples who keep delaying the children. Reasons could be many...careers, timing, uncertainties. So even if they're well educated, nice job to rely on, they consider so many variables before they take that step.

The question I've is, why is this fear not part of reproduction cycles of very poor people. Is it the lack of education, contraceptives, foresight or the overabundance of passion killing the caution. How exactly do you plan to provide for your kids and send'em to school. And is there a correlation between poverty and number of children.

New york Times published a though provoking article Richer People Want Fewer Children in July. The background for that is another freakonomics article The Rich vs Poor Debate: Are Kids Normal or Inferior Goods? I usually take any freakonomics article with pinch of salt.
But data wouldn't lie.

You can see the fertility difference between women in India and USA. The country with highest per capita fertility is Niger. And you see how less the per capita income is. Kids aren't the reason for poverty but people in poverty give birth to more babies.

This is an universal problem not just here in US. But I see this very closely here.

Two weeks back, 60 minutes broadcasted a report about new generation of kids growing up in cars. We just have a new level of poverty below homeless shelters. Two things caught my attention. As the above data proves, the poorer you get, the more kids you've. Family in this video is, single mom with 4 kids.




And then the second family in this video, you can see two kids living in a truck with their dad and their....dog! It's been two days since I watched this, I still can't comprehend why that family still have a dog.

My heart goes out to those kids who're homeless. Particularly that young girl and her brother cleaning up themselves in different gas station bathrooms every day disturbed me a lot. But I can't say the same about the parents. I understand, a single event can change a life and you might end up on a street. But why the pet? Can't you make a discretionary choice of getting rid of pet when you turn homeless.

I don't have a proper closure or conclusion for this post.
My thoughts are unclear and I'm on a thin line between absolute sorrow and anger.

Peace

(Disclaimer: I'm a single male with no kids and I don't intend to have kids in future also. So this post itself might lack that objectivity which you're looking for)

Here's the 60 minutes program link, Hard Times Generation: Families living in cars

Sunday, November 27, 2011

My Christmas Wish

TIME magazine is famous for dumbing down the news coverage and there's no bigger contrarian indicator than their cover page.


Every new Warner Brothers movie gets a cover story, every apple device launch gets one, and if there's dearth of publicist driven stories...there's holy Mary, Jesus to fall back on.

Fine, every magazine does the same thing, wait....there's Housing bubble, what housing bubble?
There's no year-end media circus event which is more idiotic and unimportant than the TIME person of the year. (Excluding TIME 100, that's beyond my intellectual ability). Every President elect will be chosen as TIME person of the year, that's a default. Enemies of US, no matter how much they changed the course of our lives, wouldn't be the person of the year. Osama bin Laden wasn't the person of that year, Rudy Giuliani was. (Of course Stalin and Hitler were exceptions, not quite sure where we stand on Putin though). See the previous person gallery here

As God is my witness (intended to dramatize), here's the list of probable people I wrote for this year, before checking TIME website.

Arab Uprisings
Occupy Wall St
Anonymous
Navy seals
Barack Obama
Grover Norquist
Steve Jobs
Kim Kardashian
Rupert Murdoch

I checked TIME website and they didn't disappoint. Below are the few people who're nominated for this year, and I'm delighted to see Kim on the list

Usually TIME probables can be broadly categorized into these
Obvious picks
Barack Obama
Anonymous
Navy Seal Team 6
1%, 99%
Steve Jobs

Lame picks
Gabriel Giffords (I don't mean to diminish the Congress Woman's shooting, but she's only a victim of a deranged person's shooting)
Kate Middleton (A British woman married to a British prince, 2nd in line to throne)
Dominique Strauss-Kahn (accused of raping a hotel maid, but prosecution dropped the charges)
Charlie Sheen

"Who the F is this again" picks
Recep Tayyip Erdogan (Turkey's PM)
Lionel Messi (Argentina's soccer player)
Ai Weiwei

"Intended to rage readers" picks
Reed Hastings (Netflix CEO, who have a knack for splitting companies and sending emails to all the subscribers after having too many drinks)
Casey Anthony
Michele Bachmann
Rupert Murdoch
Kim Kardashian

The last section is the reason why I love TIME. Just for the web hits, robo voting...they'll let people vote for their choice, even though Time's contributors pick the person. the panel for this year is very diversified(for the lack of better word)..Brian Williams, Mario Batali, Anita Hill, Jesse Eisenberg, Grover Norquist and Seth Meyers.

I'm appalled that heavy weights like Miley Cyrus, Taylor Swift and Sarah Palin aren't on list, I'm gonna weep to sleep tonight. Meh, my intellectual inspiration Rep. Michele Bachmann is here..I'll take it.

Folks I'll cut to the chase, I want Kim Kardashian to be the new Person of the year. Please TIME, please! She's the epitome of the moral bankruptcy of the American culture, that is putting very mildly. She got everything you're looking for. No real talent in whatsoever form, sex tape, reality show, perfume, overpriced clothing, paid appearances, discontinued charge card, dimwitted athlete husband. Wait there're spin off reality shows for her sisters and other family members also.

She divorced her second husband with in the span of 72 days and that tipped off the Public. They actually believed that the fairy tale wedding was real and they'll live together ever after. Now they all feet cheated, they're angered and outraged that she took' em all for a ride.

Please TIME, keep it real, and make this woman the Person of the year.
(Don't mind the 19220 haters who voted against her, haters gonna hate)

Peace.

P.S. For what it's worth, time predicted the next president right. It's a kinda bold move for 2006, as Spitzer/Obama was perceived as hot ticket at that time and then Eliot Spitzer got caught in a sex scandal.

Update 12/03/2011
There's one more media event, which is more trivial and idiotic than this. It's the year-end sex surveys in Indian news magazines. For some reason, they do it every year and each year it's shocking. India Today just released theirs and Outlook might send one our way pretty soon.
Here's BBC's Indian Correspondent's column about this topic.

images via TIME

Wednesday, October 5, 2011

Steven P. Jobs, 1955-2011

I wonder whether this world would ever idolize any other CEO like we idolized you Steve.
RIP Steve, we will miss you.



image via apple

Sunday, July 31, 2011

Front Row tickets

George Carlin said this in 2004.

"When you are born in this world, you are given a ticket to the Freak Show, and when you are born in America, you have a front
row seat"



If you're an average educated & informed voter (or an aspiring immigrant like me) who's angered by these Tea Party shenanigans in this Debt Ceiling drama, don't get outraged. Consider this as a front row ticket to freak show in the name of American Political Bankruptcy.

Poor and middle class people who voted for these tea party hacks, where would you go crying once Ayn Rand's fan boy Ryan starts cutting your Social security, medicare and medicaid benefits? Enjoy the fruits of your labor. Oh btw, keep watching the fox news.

Middle class who voted otherwise, you aren't alone. You've the company of rich people. I know! The average 2 and 20 hedge fund guy, investment bankers, Wall St CEOs are all tired and vexed with these retards in the House.

For a change, I don't have any endless tirade about this. But I've two opinion pieces. One from the Free Markets savior WSJ and another from a successful financial advisor. Both are capitalists, not your average tax and spend liberals whom the wall st dreads most.

Here's WSJ opinion piece
The GOP's Reality Test
These below line sums up the Wall Street's frustration.
....The idea seems to be that if the House GOP refuses to raise the debt ceiling, a default crisis or gradual government shutdown will ensue, and the public will turn en masse against . . . Barack Obama. The Republican House that failed to raise the debt ceiling would somehow escape all blame. Then Democrats would have no choice but to pass a balanced-budget amendment and reform entitlements, and the tea-party Hobbits could return to Middle Earth having defeated Mordor.

This is the kind of crack political thinking that turned Sharron Angle and Christine O'Donnell into GOP Senate nominees

And here's a financial Advisor Joshua M. Brown's outrage in his blog The Reformed Broker
Traitors.
And the only thing worse than an economic dilettante voting idiotically in Congress is when someone who's actually worked on The Street acts like they don't know any better. For shame to the hedge fund managers and finance guys who are providing intellectual cover for the bastards who dare push this nation closer to the cliff's edge!

To Stanley Druckenmiller and the rest of the Oldtimers' Game brain trust, let me say this: Your ideas about missing a Treasury coupon "just to see what would happen" are so dangerous that I fear someone's been tampering with your meds. How is it possible that otherwise intelligent people could reasonably believe that the world's reserve debt instrument should be used for a political gambit? Mr. Druckenmiller (and friends), we agree on the need to get our house cleaned up, just not on your plan of swinging a wrecking ball at it to get the maids' attention. Congrats on your retirement, please don't feel the need to ever offer public comment again.

Sit back, relax and enjoy the freak show (or apocalypse).

Sources:
WSJ
The Reformed Broker

Sunday, July 24, 2011

Good looks are a curse

Yes, Good looks are a curse. As per this NY Times profile of Olivia Wilde. Oh wait, there's another NYT profile of yet another good looking woman Brit Marling who has to work extra hard to make her mark in Hollywood. Listen kids, don't aspire a career in Hollywood, if you're even remotely good looking. Or prepare to work very hard to go past an ordinary person.

Here's li'l bit of my personal experience. All doors open for good looking people, either men or women. Period. I work in IT, not a glamorous field by any measure. And I've seen many people, whose good looks and charm gave'em li'l push on their way up on corporate ladder. Trust me, there's no such thing called glass ceiling for these people.

Back to the NYT articles, these are the article Headlines.
Look Past the Beauty, if You Can.
How to Succeed in Hollywood Despite Being Really Beautiful.

There was a time, I was naive and I've this impression that all I read in Newspaper or magazines is objective reporting. Slowly I woke up to fact that there's a profession by name Publicist. Whose job is make sure that his/her client gets enough visibility in all the media. Client could be anybody or anything. A new website, app, artist, athlete, tech entrepreneur, VC et al. So the publicists hired by the agencies of Ms.Wilde and Ms.Marling are behind these articles. This doesn't feel good to me but I don't have any problem with this. No harm whatsoever.

But these attention seeking faux headlines makes me cringe. We're talking about Hollywood, where good looks are a pre-requisite. And when was the last time good looks became liability to any actress. This whole argument sounds preposterous to me. Olivia Wilde's profile itself quotes that her parents are influential journalists with beltway contacts and that's how she got a job in a casting agency. So the family background and good looks which gave her a break early in her career are suddenly a liability?

I like Olivia Wilde, saw her on Bill Maher once and found her very informed about social issues. Haven't seen any movie or TV series starring her. I've no idea who the other lady is. I don't have any beef with magazines profiling these artists, whenever their new movie/memoir/music album comes out. My only problem is with these catchy Headlines, these show business reporters come up with. If this article is all about beauty being a bane, then they should've skipped the photoshopped pic. Nope, that wasn't the case.

Being beautiful is not a liability. It never was and never would be. Media should stop using this overplayed meme. Just imagine how many people would recognize Olivia or the other woman, if they haven't inherited that good gene pool. This is show business, not Financial Engineering or Nuclear Science.

Peace.