G C Lichtenberg: “It is as if our languages were confounded: when we want a thought, they bring us a word; when we ask for a word, they give us a dash; and when we expect a dash, there comes a piece of bawdy.”

W H Auden: "But in my arms till break of day / Let the living creature lie. / Mortal, guilty, but to me/ The entirely beautiful."

Will Self: “To attempt to write seriously is always, I feel, to fail – the disjunction between my beautifully sonorous, accurate and painfully affecting mental content, and the leaden, halting sentences on the page always seems a dreadful falling short. It is this failure – a ceaseless threnody keening through the writing mind – that dominates my working life, just as an overweening sense of not having loved with enough depth or recklessness or tenderness dominates my personal one.”

John Gray: "Unlike Schopenhauer, who lamented the human lot, Leopardi believed that the best response to life is laughter. What fascinated Schopenhauer, along with many later writers, was Leopardi’s insistence that illusion is necessary to human happiness."

Art Spiegelman: "You know words in a way are hitting you on the left side of your brain, music and visual arts hit on the right side of the brain, so the idea is to pummel you, to send you from left brain to right brain and back until you're as unbalanced as I am."

विलास सारंग: "संदर्भ कुठलेही असोत, संस्कृत, इंग्रजी, बुद्धिवादी, तांत्रिक, इतिहासाचे, खगोलशास्त्राचे, आधुनिक पदार्थविज्ञानाचे, शिवकालीन व पेशवाईतील बखरीचे, अगणित ज्ञानक्षेत्रांचे, अशा वैविध्यपूर्ण ज्ञानावर लेखन- विशेषत: कवितालेखन- उभं राहत."

Wednesday, November 14, 2007

Petrol is Not Fuel but Financial Investment! Greet New Gordon Gekko’s.

Joseph Stiglitz:

“When there is chaos, Wall Street makes more money.”

“Market fundamentalists never really appreciated the institutions required to make an economy function well, let alone the broader social fabric that civilizations require to prosper and flourish.”

On November 8, 2007, NYT reported:

“…As oil approaches the $100-a-barrel milestone, M. S. Srinivasan, India’s petroleum secretary, has an unorthodox recommendation for cooling overheated prices: halt trading of crude oil on commodity exchanges….

Mohammad Alipour-Jeddi, the head of market analysis for OPEC, and William F. Galvin, the secretary of state in Massachusetts, have blamed speculators for rising prices. “There is enough crude in the markets,” Mr. Alipour-Jeddi said Monday. Bottlenecks in refining and “speculative activities” are forcing prices higher, he said.

Conspiracy theorists have long been saying that oil prices are being manipulated to hurt prospects of emerging economies like China and India.
Gordon Gekko’s of oil trading have emerged. Sunday Times, London reports:

” THREE science graduates with a combined fortune of more than £500m have emerged as the commodity traders who led the “oil rush” that has pushed petrol prices to more than £1 a litre.

David Harding, Michael Adam and Martin Lueck are renowned in the City for their skills in targeting the most lucrative trades in commodities, including oil.

Their system - known as the “black box” and based on mathematical algorithms - is now deployed by three of the biggest hedge funds in London and has helped push oil prices towards $100 a barrel.

The three funds, AHL, Aspect Capital UK and Winton Capital Management, control more than £15 billion of funds used to buy future oil contracts and other commodities, usually on the gamble that prices will rise…”


Artist: Chappatte November 9, 2007