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22 October 2013

The good, the bad and the ugly: 22-Oct-2013

The Good: A Billionaire's attempt to teach economic theory
Mr.Ray Dalio, a 64 year old owner of a Hedge Fund Investment Firm and who is worth about USD 13 Billion, is taking up Youtube in a big way. His mission? Teach macro economics in a simple intuitive way with fun.
Perhaps he wants to give back to the society. Who knows?
Whatever be the motivation, it is good.
The 30 minutes video teaches economics through the use of Cartoons. I haven't yet seen the Video, hence not able to comment.

This article is about the pathetic living condition of the Athletes - Wrestlers, Hockey Players, Kabaddi Players- who live in Sports Authority of India's Kandivli Campus in Mumbai. This hostel has 27 rooms, each approximately 100  Sqft in size (10 feet X 10 feet, imagine the smallness !!), no bathrooms leaving the athletes to bath in Open air, dirty toilets, dilapidated buildings...
And it houses who?
It houses Sandeep Tulsi Yadav, who clinched a Bronze Medal in Greco-Roman at the World Wrestling Championships in Budapest a month ago. It houses Narsingh Yadav, Mumbai's only Olympian in London 2012 and a gold medal winner in 2010 Commonwealth Games...
It houses world beating wrestlers..
But they are not able to beat India's lousy sports administration. They are not able to beat India's famous red tape, callousness and 'Chalta Hai' attitude.
They blame the previous director who spent about 12 years without doing anything. Hopes are pinned on the new director, Mr. Sarhadi to do something.
Can he?....
Read more...

The Bad: Onion Prices touch Rs.100 per KG...Need I say more?
The government plans to ban exports. Better late than never...
Are exports the problem? Or is the problem hoarding? Or is it middle men? Where is the problem.?
One thing is certain. UPA is bound to lose the coming elections to the five states if Onion prices continue up...

It is the same thing, again and again and again. Predictable. The same script. Working woman, alone (or with friend), day or night, taking a taxi, getting raped...
Bright side is that police arrested the culprits in this case. 
It is time that we needed a zero tolerance policy towards rape...

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