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Saturday, October 25, 2008

A Very Happy Diwali and A Prosperous New Year and some more on us crisis!!!!

I m totally not feeling the urge to write a word. Maybe thats what they call a writer's block (keeping the fact in mind that I m not much of a writer as well). I just discovered that I m as old as Extra Terrestrial ET (almost, it was made in july and me born in december, but the year remains same). I even share my birth with India's Asian games (wow it is a bit lesser achievement but it is still an achievement).

Anyways dropped in to wish everyone A Very Happy Diwali and A Very Prosperous New Year too (thats if you havent received my sms, which I sent to almost everyone in my  phonebook, including the locals!!!!!)

As usual is the case every year, went to the food festival at Munyonyo, didnt quite enjoy it, actually didnt quite booze, so the enjoyment fazed out. Ok the food was good, the environ was good. People were good, it was fun to see all those people out there having fun and rocking life's cradle forgetting all the worries they have been having through the past days. Well I actually felt a bit sad after seeing all that and missing my special one (which for the time being is only in thoughts and there's only a mental picture of her). Well  hopefullly next year I would be there with the special one (and as the big pessimistic ass I m, the year after surely would be with her, fingers crossed).

In other things, the US thingie of crisis doesnt seem to subside, now it doesnt seem but it has already taken the whole world with it in drowning. It has actually got me on a backfoot and all my plans have been shelved for the time being. This has got me thinking that how can someone else decide what I should be doing. What the big boys of American financial market did all the way gambling away the money, making profit on shoddy housing estates amply supported by the successive US Administration and then gaining bonuses which can't even be thought of in a lifetime by people like me and you, has got me and you affected like never before. Its a pity, the common man's fate in such a stupid world. Its needs a lot of thinking and I m a lesser mortal to comment on things of such great magnitude, so lets end it there itself and proceed with our life taking whatever comes our way.

A gloomy cheers to all
happy holidays to everyone in India and a happy working week to people like me!!!!!!
santosh

PS: Last week I came to know that I dont know to talk to people(quite inadverently for that matter). I really dont care what people think about me!!!! so please stopping making that point to me!!! I WONT CHANGE!!!! I LOVE WHAT I LOVE AND I HATE WHAT I DISLIKE!!!!!!! As simple as that.

Friday, October 10, 2008

Movies and World Financial Crisis and some pics

Thats the National Bird of Uganda-The Crested Crane. Its beautiful
That is ME with a precautiously close Pelican
Thats a Monitor Lizard. It was scary even though it doesnt do anything
That is the Ganesh Temple, we visited.


Alas I touched 80....ya its a feat on my bike, which on normal roads cant go beyond 50....I had to do this for quite sometime..did it last week....

In other things, I have not been able to any worthwhile Hindi movie in a while now. I had a premtion about Jane Tu Ya Jane Na and Rock On, but both of them have elluded me. I m regretting not watching both of them, especially when I heard about the reviews they have got. Now I have a presumption about Hello, but sadly I wont be able to watch that too..

In other things, I had a couple of holidays last week and I visited Jinja and Entebbe. I had been to Jinja once but then this trip also I enjoyed not bearing the fact that climate in Jinja is very hot compared to Kampala. On another occasion I went to Entebbe. We could visit only two places there. The Botanical Zoo and the Ganesh Temple. Picture of both I m putting below. The Zoo is a worthwhile place but the entarance fee is a bit over the head. Its 10,000 UGX (abt rs. 250) per person. It was a necessary evil and we went there, but have to say it was worth spending that much moolah.

On other things, world markets are crashing and the world is going into recession. I do see a bit of it here too, but according to so called experts it should not effect Uganda as our financial institutions are not really connnected or have a say in the US or European markets or Real Estates there. Thats what they say. I sincerely dont believe them and for that matter Indian Financial Institutions too. I just cant digest the make belief stance of Indian financial institutions that they havent invested in US market. 

Lets take a  simple case. If I know that everyone in my vicinity, absolutely everyone is earning something out of a situation (like the housing market in US), so why would I be behind and not earn like everyone. I will also invest atleast something in that sureshot thing, where everyone is winning. I expect the Indian financial institutions to also have done the same thing and am waiting till their quarterly and annual reports to be out, so see some skeletons out of the closet.

Anyways I would have loved to invest in Indian Stock Exchanges now, but I dont have the monies :(((.....and I even have some other nittigrities to solve. This market is suitably priced and is a excellent winnning opportunity for long term investors.

All this would not be of much interest to many of you, but then its my blog and i write whatever comes to my mind.... chaooooo....
:DDDD
cheers 
happy weekend to all.
santos



Saturday, October 4, 2008

Frauds-an overview from here

I had been thinking abt this lately...if got a chance to fraud someone or some organization, how much would I siphone off!!!.....After a long perusal of the matter at hand, I came to a conclusion that it shouldnt be more than an Crore Rs or a 200,000 $s....thats the extreme it can go...

So based on this, when I learnt about the amount of money defrauded in the Global Fund scandal in Uganda, I was astonished, shocked, delighted (at them) and pityfull (at the country and the donors), all at the same time. Individuals scammed a total of over 210 Million US$s from the Global Fund money allocated to Uganda. The money that was to be used to buy anti-malarial drugs, to be used to eradiction of diseases, infrastructure etc. That amount in itself could be some small country's year's GDP, that money could had been brought to so may more better uses. My frustration(and many others) must have come to the highest limit when you get to know that no one found guilty of the fraud has been punished yet and not a cent has been recovered. How can some one be so blatant and blind to tolerate such a fraud. From the stories I heard, the bill for a lunch during this siphonage was UGX 70,000 each plate at a village restaurant. Thats like 41$s for a lunch. It wont even cost me that much on moon to have lunch.

Just when we were coming out of it, came the NSSF-Temangalo land saga. NSSF is a body that manages money retirement security of workers in the country. So when they were said to have bought wetlands and lands for twice or thrice the amount of normal land in normal places. What makes it more pathetic and worse than Global Fund fraud is that the money used here was from the pockets of the poor working class. The money here in question is about 11 billion shillings approx. equal to US$6, 470,000, which is a alarmingly large sum of amount. The battle is still going on for the same, so we dont actually know who is the culprit. 

So today is weekend and I would be having a bland weekend again. I dont expect to booze today and most probably wont be tomorrow too. Neither am i expected to be going to some place cool here in Kampala. So I m at home, anyone wants to have fun drop home. Anyone's invited.

cheers
santos

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