Sunday, October 25, 2009

A Typical Mylapore Story - Part 3

Its been 10 months since I first started writing it, well I didnt know how to end it and finally figured it out.

Part-2

He had money; he did not know how to spend it. It was his maadaveedhi upbringing, counting every penny he spent. He chooses to live in a small two bedroom apartment in the city of Madras. His wife too was of a similar upbringing, but for her the money had a purpose. For her the money was a sign of societal status. Growing up in a lower middle class family, she lacked financial strength. The money mattered to her. She would not step into a five star restaurant for dinner, but the knowledge that she could afford such a dinner gave her power. She did not want the Mercedes, she was content with a second hand Hyundai, but the knowledge that she could buy a Mercedes if she needed to gave her a sense of fulfillment.

The void soon filled his existence. Every time he looked at his wife, he envied her. She seemed to have filled her void, family and financial security seemed to suffice for her. It was not for him. He desired more. His professional success nor his family filled the void. It always reappeared. He realized the void is what kept pushing him to push himself. He owed his success to fill the void. He had spent his entire life meeting societal norms, he had met their norms. The fog of mediocrity had engulfed him, his neck was above the fog, but he was still a part of it. He was pulled down by the weight of mediocrity. He needed to break free from it. The fog of mediocrity arose out of his feeling that his life had no purpose.
He was walking down the streets, he saw an old man lying on the pavement, not an uncommon sight in Indian streets. The old man’s worldly possessions, he wondered probably consisted of the bag he used as a pillow. The man probably had a family, probably had kids, who had deserted him. The old man’s daily struggle for three meals kept him busy.

The old man was not different from him, he too had the same concerns, food, feeding his family well when he had one and kids. The similar concerns which dominated most of his existence, he was just better than the old man at meeting these goals.

It seemed to him that the entire purpose of his life was to procreate. Help the homo sapiens species survive. In this process it was upto him to feed his family, in the paternal society the Homo Sapiens had built. It was the same objective as the rest of the world, within this objective he had tried hard to distinguish himself, and he had succeeded. The entire construction was built on an illusion driven by a strong desire to distinguish him from the herd.

He desired to seem different; he started companies, reveled in material comforts, his huge bank balance made him seem different, but his ultimate objective was the same as the old homeless man on the pavement. Despite his attempts to differentiate himself, he was drawn subconsciously towards the only motive of his life, because it’s the only purpose for the existence of the Homo Sapiens, just like all life. Since the beginning of life, all species had the same objective, and will continue to have the same purpose for as long as life exists. He realized he had gone behind an illusion which did not exist, and believed the illusion was real and meaningful.

His existence here onwards was waiting for his body to degenerate, disintegrate and collapse. He had been extreamely successful at the only objective he could have in life, survival and procreation. Now he was literally useless, his sole purpose of existence, ensuring the survival of the homo sapiens had been met. He was no different from every other species on the planet. He had a wait, probably a long wait ahead of him, though he wished it came sooner for he felt useless.

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Thursday, January 29, 2009

A Typical Mylapore Story - 2

Part one can be read here

Soon he had kids, his family in India was happy. His dad was overjoyed. His mom was ecstatic. His family in India were overjoyed that their family tree would exist and not die. He was born to procreate and ensure the survival of the human race. Even if he disappeared from this moment, he would have fulfilled his destiny. But the human race has created the entire web called society and that prevented him for disappearing, it held him back.

His wife too was overjoyed; the kids were a validation of her feminity and fertility. Now being a mother felt reassuring to her. She decided to give up her job to become a full time mother. Her kids and husband were the center of her life now. He believed she stood out in the crowd because she had a job and a life which did not center on him, but he was mistaken. She was above mediocrity, but did not want to stay afloat. It soon swallowed her. She wanted the satisfaction of having risen above it.

He realized as long as he was occupied and was under pressure personally or professionally the void did not seem prominent. When he was not, the void seemed very prominent. He would retrospect on his life; the void would emerge to fill his mind. Providing for his children kept him occupied, the void did not engulf him. He had to strive harder for that little bonus or increment. He strived hard to provide for his kids, achieving that he felt would fill the void he felt. He strived hard to provide his kids with all they desired. He did manage to do that. He though had to work that extra bit harder for that.

He was no longer the teenager who landed on the shores to pursue his dream. He was now a middle aged man, a successful corporate citizen, a responsible father and a loving husband. He had made enough money to financially secure his family. Yet he felt lonely, his wife seemed like a stranger. She could never understand the void that engulfed him. He was always restless, she thought he was weird. They were strangers coerced by marriage to live under one roof. Soon the void filled his existence, just when he thought he had wiped it out from his life, it reemerged to fill his existence.

A good friend made an offered him his escape route. His friend wanted him to join in his start up. It would entail moving back to India. His wife was overjoyed. She was never happy here, she longed for the streets and smells of India. She need not share a house with the stranger alone anymore. His children were studying in hostels. He did not have to risk his financial security, but would reap the gains if any. The deal seemed too hard to resist. He moved back to India.

The start up kept him busy the void disappeared from his existence. Luck had always favored him, through his life. He missed the IITs but got through to REC, he missed the top universities, but got through to an Ivy League university. He also got the job everyone desired, a wife who stood out in the crowd, and now he helped build a successful start up. The company was soon devoured by a larger firm. Small fish are always swallowed by bigger fish. He though did end up financially wealthier.

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A Typical Mylapore Story - 1

For him, mornings always resonated with sounds of the temple, the thirupallaiyachi of Kesava Perumal Kovil. He lived in its madaveedhi. He longed to get out of the place, the air always had the smell of mediocrity and of middle aged mamis and mamas. He aspired for more than mediocrity. Living in the madaveedhi, the fog of mediocrity was wrapped around him like a blanket. He was in his tenth standard when he decided to pursue the engineering dream. He had seen his cousin and his neighbor leave the maadaveedhi by pursuing the engineering dream. He viewed them as having risen above the fog of mediocrity. They were now working with the company everyone wanted to, he desired for that. This he believed would help him rise above the fog. Like every aspiring engineer he aimed for the Indian Institutes of Technology. Like almost everyone, his aim was below the target, he had to settle for the Regional Engineering Colleges. He though had his ego intact, he was not going to any of the self financing private engineering colleges, and he got into the Regional Engineering College. He was finally out of the wretched madaveedhi, but not entirely. He did have to go back home during semester breaks, it was the entirety he desired.

He soon graduated and decided to pursue the American dream. He chose that over employment in the IT companies for he felt the back office employment was mediocre. Everyone in India seemed to be a part of the back office environment. It to him was again a sign of mediocrity. He did get into one of the Ivy League universities. He focused on passing his course and landing a job with a company everyone desired but could not get, he had to be above mediocrity which surrounded him like a thick fog preventing him from seeing beyond it. He believed rising above it was in professional success, he longed for that.

In the meantime, like all good obedient boys from maadaveedhi, while living in the USA he took a ten day break, saw a few girls who were acceptable to his family and settled in for an arranged marriage. He had to agree to an arranged marriage because he would never have been able to find a girl on his own for he is an arrogant, sub social, and egoistic character. His alpha male status hinged on his professional success, and it mattered most only in the arranged marriage market. He was ideally suited for the system.

He was a part of the crowd, the fog of mediocrity was wrapped around him, but he believed having the job everyone desired but could not get and a wife who would stand out in the crowd. This he believed had made him rise above the fog of mediocrity. To the outsider his life seemed perfect. But not to him, he always felt something was missing in his life, it had always been a void he could not understand. He believed that the job, a wife, money and professional success would fill the void. But they did not; the void only grew more prominent. He was now more aware of it than earlier.

Part 2 Can be read here

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Friday, December 19, 2008

Tamil Bank Bernake and The Dollar

The Federal Reserve Board in the United States has made two drastic decisions over the past few weeks and months, both of which I feel present scope for us tamils to profiteer from. Firstly they seem to be giving banking licenses to anyone. The automotive financing arm of General Motors which sold bad cars to sub prime borrowers now has become a bank to raise deposits since its facing losses. So now it seems anyone can become a bank in the USA, all financial institutions seem eligible to become banks. Secondly, they cut the benchmark interest rates to between 0 and 0.25 percent.

Now, as a good Tamil financial investor I see a tremendous opportunity to profiteer from this. Short the dollar, long on emerging market currencies. But for this scheme to work, the stupid Chinese central bank which holds large reserves of the dollar, have to be suckered into this scheme. They are paranoid about losses from rising interest rates, and with falling interest rates are sitting pretty. This will be a challenge. This great scheme would require scale.

Tamilians have group and herd mentality, now we Tamils should apply to the Federal Reserve to become a bank holding company. Bernake of course is now under the belief that every financial institution is a bank and all banks are financial institutions.

This new bank will accept all contributions towards capital from its members, and in proportion to the contribution shares will be allotted. We are god-fearing conservative bankers, we cannot function without the blessing of Lord Venkatesa in Tirupati, the beggar god. We are also beggars just like him. We will have the TTD board also contribute towards the capital of the Tamil Investment Bank.

We will operate an elaborate currency desk out of New York. Fill it with our Tamil Brethren who have been kicked out of Wall Street. In Simple terms, we will borrow the dollar in the inter bank lending window at 0% interest rate, sell it, drive prices down, and buy it again to repay the loan. This will be the great dollar carry trade. Being the reserve currency, it won’t have the risks like the yen carry trade. Emerging markets where there is an outflow of portfolio investments have been increasing interest rates, we will borrow dollars and lend to these countries pocketing the difference.

When we reach scale, The Tamil Investment Bank would have suckered the Chinese into this grand scheme of shorting the dollar. The Chinese would start playing, driving the dollar even lower. This is when we the great tamils, will long the dollar, short emerging market currencies. With our action, using our clout on Wall Street, especially among the Indian community, and Obama who is now a Tamil at Heart, we will collectively long the dollar and short emerging market currencies. Since the Japs and Koreans hate the Chinese we can subtly have them join the party. In effect it will be a war in the financial markets, China vs the Indians, Japs and Koreans. We of course will be part of the stronger alliance and will win this war.

We Tamils being nationalists would have accomplished a great feat by the end of the cycle. China would find its reserves greatly diminished at the end if we screw them properly. We would have ruined them economically. We tamils would then go on to financially conquer the world, learning from our great ancestors like Raja Raja Chozhan.

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Wednesday, October 22, 2008

Irrational Exuberance, Risk and Marriage Market

The financial crisis gripping the entire global economy has ended the era of irrational exuberance. The worst affected market is the marriage market. According to some informed reports circulated by my investment banker and friends in the financial services industry who are on the lookout, the market is now witnessing a drastic shift.

Ever since the IT boom and the rising global growth, the information technology and financial services industry has had the maximum recall potential on prospective mother in laws’ minds, fuelled by exponential salary increases mimicking the Sensex movements. This class also has been the darling of banks who have doled out irresistible loans, which resulted in them being viewed as well settled in the eyes of prospective mother in Laws eyes.

But now my friends tell me, it is not enough for the grooms to own a house or a car to snatch the best looking girl on the market, but they also have to show their household balance sheets to prospective bride’s families, which is being scrutinized by them for the leverages on their incomes.

Just like banks, my friends tell me, prospective brides’ families don’t like highly leveraged incomes since the future is uncertain. Prospective grooms who leveraged their incomes upwards of 10 and 15 times to buy the coveted duplex in the most desirable locality in the hope that a marriage would reduce the leverage are now faced with the prospect of having to meet the EMI payments. They also under the current credit crisis are not able to roll over debt since the cost of borrowing has risen exponentially.

My good friends tell me, the previously unattractive sectors of government employment and other old industries are now in vogue. Their there is no irrational exuberance, or lavish display of wealth, but the risks on the income I’m told are considerably lower. With prospective brides’ families becoming more risk averse after having burnt their fingers in the IT and boom in financial services, they are looking out for lower risk options with stable incomes, government services and old economy industry look attractive under current circumstances. My friends add, grooms from these sectors are also used to living frugally and saving, rather than spending, which is in vogue now, since borrowing costs have risen exponentially. Saving and frugal living seems to earn brownie points with prospective mother in laws now, in addition to lower debt and debt free assets in individual balance sheets.


PS Can someone verify if the risk taking prospective brides are preferring entrepreneurs over the rest? The downside risk can be high, but the upside will compensate for that. KK can you throw some light on that?


PPS: This post is entirely a work of fiction, I have just applied the global financial crises to the marriage market, with the help of Baidik and Siddharth



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Tuesday, October 07, 2008

Religion and Tamil Investment Corporation

The subprime crises is here to stay, America is in the grip of recession, Europeans are following them, the British like all good allies have walked hand in hand with the Americans into recession. The Japs of course cant be far behind, they too will follow suit, dragging the Koreans and Australians into recession while the New Zealanders beat them to recession, which is not surprising considering there is only so much economic burden that the sheep can shoulder.


In all, it could get worse than the 1930s great depression. In the 1930 depression, the Chettiars, being good money lenders benefited from it. They decided the Zamindars and others in India were already squeezing the market, and so they targetted Myanmar, then Burma. In the depression, rice prices tanked, and viola, the moneylender took over the collateral, which was the land, by the mid 1930s, the Chettiars controlled 95% of the agricultural land in the country and were only forty or fifty thousand in number. After this the Burmese, got pissed with their money lenders and kicked them back to India.

Before this the Cholas conquered the South East Asian countries and established colonial outposts for trade. We Tamils being good traders always are more interested inorganic growth opportunities

We Tamils have a history of expanding our horizons beyond the Indian subcontinent, this time we should set our sights higher, I propose Wall Street. We tamils should take over global finance.

Now with the Tamil fascination for knowledge, there should be a great alliance of Tamil, and should use this opportunity of a Firesale on Wall Street to take over the all the financial institutions in Wall Street.

I propose the formation of a Tamil Investment Corporation. This corporation will be well capitalized by what ever little gold available inTamil households, and those who do part with their gold will be given shares in return. If the gold is insufficient to fund the bailout, we can ask the gods, literally. We Tamil are the religious, and we donate to temples, the temples are our source of wealth, I propose leveraging this wealth to buy out Wall Street. We will of course annex Tirupati and claim it as a part of greater Tamil Nadu. And being servants of god, we will give temples stake in our company.

The company with its divine mandate will improve temple wealth and serve the gods. The gods will also have a share in the profit. If finance is controlled by the gods, then there will be no financial turmoil, the gods will ensure that there is prosperity all around. This is the only way to save the world from another round of great depression.


Long Live the Tamil Nation, it will go down rewrite history

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Saturday, September 27, 2008

Sakkarakatti: Thollaikutti (to be read in mallustyle)

After a long time Im blogging, and feeling like tearing apart a movie. Its been a bloody long time since Ive ripped a movie, despite watching some terrible movies.

1. Namba Pudhiya illam puyal Shantnoo nadikara padam dhaan Sakkarakatti. Shantanoo oru puyal, puyal madri screen la varuvar, appadiyae avar nadipa parthu, puyal madri makkal ellam theatre exit ku oduvanga, avangloda sendhu padamum theatre-a vittu odidum.
2. Padam enavo usual story dhaan, one guy, two girls usual story, indha padathula enna pudhu muyarchi na director rumba restrained-a irukkar oru “murai ponnu” angle irundhum adhai use pannalai. Enna oru pudhumai, indha adaka odukam padam poora irundha, especially over the top song sequences la irundha nimmadhiya irukkum.
3. Innoru pudhumai enna na namba mama ponnu namba hero parthu love sollarathu, avaluku teriyum avan namba heroine love panneran nu, annalum sollera. Namba hero r omba kasta pattu convince pannerar that oru aaluku oru girlfriend dhaan irukka mudiyum, avarukum aasai ivalai side la vechi ottanum nu, annal namba director oru mara tamizhan, oru aaluku oru ponnu dhaan nu solitar ba. (Mara tamizhan director should have looked at our great tamilian Mu Karunanidhi, who has a manaivi and a thunaivi, appo padam konjam interesting-a irundhurukkum)
4. “Naan eppozdhu pen aanan” nu oru song irukku, andha pattu la kekkara kelvi ku badul obvious-a irukku. But indha artistic director, ingai dhaan oru twist vechirukkar. First, indha mama ponnu kulikachae namba hero pathi nenaikera, namba heroine kooda kulikachae namba hero pathi nenaikera. Rendu per manasulaiyum butterfly parakarathu (tamil cinema la buggerfly vandha kaadhal nu artham). Idhu dhaan twist, namba director subtle-a enna solla varar na, oru Penn, avo manasula kaadhal vandha dhaan penn aagaral. Abba idhu enna oru thathuvam.
5. Namba hero Climax la bayangara feel oda sollarar avar thappu pannittar nu, the audience can empathies with him, Shantnoo cinema la nadika varahae oru periya thappu dhaan!!
6. Indha padathula bayangaramana Krodham:2 hero Prem oda influence teriyaradhu, bayangara hi-tech-a hero sight adikarar. He uses live camera to cover all strategic locations where girls congregate to sight adichify them. This definitely has to be the influence of Krodham 2 Prem only. Vera yaralai indha madri yosika mudiyum?
7. Like the great tamil cinema tradition, the director has worked a little too hard on the songs, using various elements from various Hollywood and earlier tamil movies, with an overboard of graphics
8. George Lucas should patent the Light Saber, and every unique creation of his in the Star Wars Franchise. In this movie, the director has generously used the light saber; George Lucas will commit suicide if he watches it.
9. Ah, namba hero, acts like Prasanth. Annal kodumai enna na, avan English pesina oru kevalamana western accent pottu saavuadikaran.
10. Innoru ne-ra indha padathula hero, heroine, hero-oda jalra pasanga, heroine oda jalra pasanga, the mama ponnu, ellorum tamil la pesina oru accent oda pesaranga.
11. Indha heroine andha madri pesina paravallai, avo direct import from north India, the mama ponnu also import from north India, avanga pesina paravallai, annal the rest thanga mudiyalai.
12. The heroine looks like a White wash adicha peepa, kevalama irukka, padam poora summa pose kuduthu nikkara. At least she looks good she will conform to tamil cinema norms of good looking but women who cant act, she looks terrible like a whitewashed peepa. Enna kodumai saar idhu?
13. Coming to our hero, every tamil cinema hero has to prove he is a superman who does not wear his underwear over his pants. But he still is a super man. Idhai prove pannarathuku oru song sequence irukku, plus innoru kevalamana scene. Indha song la namba director pudhumai ku Crouching Tiger Hidden Dragon and Good, Bad and Ugly mix pannirukkar, the song is Chinamma Chilikkama, kevalama irukku. But our Hero proves he is a jetti podatha super man.
14. Innoru scene oru dream sequence, idhula namba hero avaroda vettu janal vazhiya escape aagarar, to meet his kaadhali, the heroine, annal by mistake (Maybe because he is fully drunk or doped) and goes to his mama ponnu’s house.
15. The director should switch to mega serial directing.avaruku pennin manasu romba nalla purinjirukkar, enna oru insight oru pen eppo penn aagaral nu, avar engaiyo poitaar ba. Idhukum mela, avar super-a blade podrar, idhuku mela mega serial direct panna enna qualification venum?
16. Indha padam is like our old fashioned Bagayaraj movies, love triangle, but then it tried hard to be set in the current scenario, its still an old movie.

Risk Rating: Injurious to the viewer’s mental and physical health. Only for the obsessively sado-masochistic

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Tuesday, August 26, 2008

Sudden Longing.......

......Days of undergraduation.

The Canteen with its disgusting food

Cutting class

Sleeping in Class

First Day First Show at Devi

Battling crowds to buy the tickets and watching movies from the front bench.

Sigh...its so long ago.

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