Archive for September, 2009

United Nations Downfall

Friday, September 25th, 2009

                           

                The United Nation is facing a severe economic slowdown in its history. The reason behind this is mainly because of the banks. The current economic crisis led to financial slowdown and bankruptcy. In the beginning there was a boom in the housing sector. Many banks offered loans at lower interest rates. They provided attractive loan offers with very low interest rates initially. People got the loan to buy homes with the idea of repaying the amount after the shorter period due to the abrupt boom in real estates value.  Many people who do not have proper income were eligible for loans. It is referred as subprime loans. As a result house owners increased the rate to high values. Consequently there was a colossal number of homes came up. After which there was a steady decline in the housing value. The people started to leave the house instead of paying the huge value.

               

The top bankers announced bankruptcy. Lehmann brothers, one of the largest banks announced bankruptcy. Citigroup and Merrily Lynch were badly affected by these subprime loans. As a result there was an economic and financial slowdown. Since banks are the prime sources for many businesses, each and every other sector also faced the slowdown. Many countries started facing this crisis soon after it reached its peak. It ultimately led to job losses. Every industry sacked the employees. The Job rate decreased to a great extent. In many countries child labor problem came into the picture again. People started to send their children back to work. We must go in the right track without any unnecessary deviations otherwise the result would be like this crisis.

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Umpiring Controversies

Thursday, September 10th, 2009

Cricket is a game which is liked by millions of people all around the world. It is an entertaining sport that can is played in every corner of the world in the form of gully cricket. But playing at the international level is really a big achievement.  Out of which umpiring a match is another big accomplishment. It is really tough to umpire for the test as it may take five days to complete. Human error is common but it may not go in favor for a particular team. In the recent match between Australia and England umpires made a wrong decision. If the umpire has a little bit of doubt he must refer the third umpire. The three controversial judgments went in favor for the England team. The match got a crucial turn because of these major blunders in umpiring.

Koertzen is responsible for the Australian defeat. There may be a chance for Australia to bounce back to win the match by chasing that mammoth total. I can’t believe why Koertzen did not refer to the third umpire when Hughes was caught in slip by England captain Strauss. Strauss may not know about that the ball touches the ground. Everyone who watched the replay gets stunned because of these blunders. Doctrove gave out to Michael Hussey. But the replays showed that the ball didn’t touch the edge of the bat. Field umpires can refer the third umpire. But most of the time they are not doing that. Third umpire can able to view the ball in different angles. I am wondering why they are not fully utilizing the technologies. In the earlier days controversies occurred in the Sydney test. That made the tourist side to boycott the presentation ceremony. Umpires must realize the issue and come forward to make use of technologies. They should not fool the match because of their controversial decisions. Manual error is acceptable but only up to a certain extent only.

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It is Time to Cover Up

Tuesday, September 1st, 2009

            Chain snatching has become a common act in day today life. In everyday’s newspaper reports, one can see the incidents of chain snatching. Now with the price of gold rising day by day, one has to keep an eye on the chain since it is very expensive to lose. So time has come to cover up. One can cover up with the dress they wear to escape from chain snatching but it makes uncomfortable. We feel hot and it also crumples the dress. The best way to protect us from chain snatchers is to wear a scarf which is very light and can cover the chain under. This was an idea sited in the public forum by Matron, a Fashion designer.  

                It’s because of job losses and poverty many people are involving in robbery. It is our own liability to take care of our society.  Every Government must take strict actions against these individuals. Even if the police officials are doing their duties they can’t watch each and every individual. I had an experience in my life. I travelled in a metro along with many passengers. We can’t distinguish the thief and the gentle guy. Thief made a notice of my friend wearing expensive ornaments.  When the next stop comes the thief came closer to my friend snatched all his ornaments and ran away. We can’t catch that thief. The robbery can take place within a second. It is necessary to take control of our belongings.

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