A Well Oiled Machine

Look at that header again. Pun intended.

Here’s an activity. Take out the commodities listing for the last month. Note the price of a barrel of petrol .  And now, plot a graph.

What you will get, is a wildly oscillating Sine Wave.  The same kind of graph you get, when you plot the average blogger’s interest in blogging.

It was at 148 $ a barrel two days ago, fell to 136 a pop yesterday.

Why was the difference of 12 dollars created? Simply because a bunch of Brazilian oil workers had threatened to call a strike. Threatened to call a strike, mind you,  not an actual declaration of a strike.

What is going on with oil? Sudden spike of demand? I find that hard to believe. It’s not like consumers have found an alternative to oil. So our dependency on oil Is still intact.

Are there problems on the supply side? Saudi Arabia, the largest exporter of petrol, has increased production levels to way beyond theoretical levels.

So, what gives?

The OPEC says that it hasn’t raised its prices at production level. The refiners say that they haven’t raised their costs of refinement. The governments say that they are doing all they can, to reduce prices.

As a responsible global citizen, all I want to say is, enough with the officialese. Let me have an honest answer.

Why is it that when a Russian oil minister sneezes, prices go up( “ Fears about a slowdown in oil production”)why is it, that ( for the Indian context) in the same country, a person in Bombay pays a different rate for petrol, than a person in Bangalore? (I know, petrol duties and all that rot)

Of course, as long as we have eminently sensible people like George W Bush, who have been renowned for taking wise steps to secure oil supplies.

Here is Dubya’s solution to decrease oil prices. Cut down forests and nature reserves, so that American oil companies can drill for oil.

Never mind that it takes around 8-10 years before an oil field can begin mass production. Never mind that all that drilling will not have any benefit for the next 5 years. Never mind that all bush’s plan will achieve, is more deforestation of the American Greens.

Like I said before, Dubya is a sensible guy.

The Great(?) Depression of the 21st Century

Reading the newspapers of the last six months, one would get the impression that all the action lay in the business section.

Day after day, we’ve been fed data that suggests that we are in the midst of a recession that will rival the Great Depression of the 1930s. Some experts(who seem to appear on all channels, speaking the same words again) have claimed that this is the BIG ONE!!! That doomsday is at hand.

Rchi has a rule of the thumb. Which says that if there is an earth shattering announcement on page one, the real news will lie on page 4 of the following day.

Of course we all know there is massive inflation in the economy. Of course the prices of commodities have risen to ridiculous levels. But my point is, prices always rise over a working cycle of a generation.

To wit, let me quote my dad, who never ceases to point out – “ You youngsters have a starting monthly salary, that equals my annual salary, in my mid career stage.”

To which I point out – “ Uh Yeah dad. But your starting monthly salary, was probably greater than grandpa’s annual salary”

Prices rise, with rising income levels, which ensure that no matter how much the middle class earns, things which are considered ‘a luxury’ (middle class speak, dear Armani toting reader), remain in the realm of luxury, no matter what your income is.

The golden rules still apply from the dinosaurs age –

• ·         SAVE as much as you can.
  
• ·         If any item has more than 3 zeros, ignore it
  
• ·         If you don’t have the cash for it, ignore it
  
• ·         Credit cards are a taboo
  
• ·         Always Ask – Do I ABSOLUTELY need this
  

The last one is the most painful, but the most important nevertheless.

Of course, the haves will always be sheltered from the ‘The Devastating Effects of a Slowing Economy’™

Me? I will continue to burn in envy, every time I see that Ferrari whiz past, with a Rolex hanging out of the window

Turn the Page

Prepare yourself for what will come across as blasphemy. I have turned over to the dark side!!

At the turn of the century, I was part of a mob, that threw Robert Jordan books at a guy, who dared suggest, that Audio Books would become a feasible alternative to books, once we could fit in MP3s into small sized devices.

“earphones  instead of a book? a narrator’s steady, clear and wonderful voice, instead of the crackling, raspy wheezy voice in my head? 10 grams in my pocket, vs half a kilo in my hand(REF Wheel of Time)!!!! You shame me friend, you really do”

Yup. That was me. Admittedly me.

Circa 2007. Ipods are plenty around. As are audiobooks. And remember how all of us(ok ok, some of us) look back at our past, and in a rare moment of honesty, recognize that perhaps we were overweight, insecure pompous and ignorant know it alls, who in a moment of madness, did things we normally wouldn’t have?

If you said yes, then you were probably an English Football fan (that’s soccer, my yankee friends). Fortunately I grew up in india.

Anyways, I decided to give them a try and got a copy of a famous fantasy series, that currently spans nearly 200 novels.

I started listening to it, and before long, I was running out of memory space. God help me, but I like the idea of audiobooks.

Now I know what the bibliophiles will say, and I agree with most of what you will argue. It’s not the same as holding pages in your hands. It’s not the same as needing to squint in poor lighting conditions, or bend over in impossible yogic positions. It’s not the same as reading worm infested pages, a sure sign of quality. (the more obscure and harder to follow a book is, greater the number of worm  riddled pages).

It’s not the same as leaving a bookmark and getting up next morning to resume where you left off. It’s not the same as flipping a number of pages, that contain mundane descriptions of clothing, meals, or beauty. It’s not the same as reading that book jacket synopsis, often of a higher quality than the book itself. It’s not the same as reading the glowing (no doubt paid for) review by an author.

Probably you are right. Meanwhile, that audiobook friend of mine, whom we ganged up on? He is successful, has listened to enough books to hold attention at parties, and has earned the sobriquet of being “ a well read and learned man!!!”..

Imagine that… 

R.I.P.

No prizes for guessing what this post is about. I have just finshed reading Batman 676, which begins the “ Batman R.I.P.”  arc by Grant Morrison.  While I didn’t quite dig into the whole batman and son and the resurrection of Ra’s Al Ghul storylines, the hints thrown about the current arc had me intrigued.

Certainly, the teaser thrown in DC Universe 0, was one of the best batman joker interludes I have read so far, surpassing Alan Moore’s famous “shine the light” in the killing joke.

The mood is appropriately dark and full of foreboding, pointing to the imminent demise of Bruce Wayne as batman. The only thing that doesn’t work for me, is the suddenness with which Bruce Wayne decides to integrate Jezebel Jet into his life.

Given the past history, I am guessing that bruce suspects Jezebel of being “hand in black glove”, and is setting her up. Another minor gripe, is that Alfred seems to have forgotten about Selina Kyle , in Bruce’s list.

Oh well, no one believes that Bruce will be gone from the cape from too long. None of these guys stay dead permanently. That includes Captain America. The dead one was a skrull you know..

Right now, I have to say that secret invasion seems to be the stronger crossover event, compared to final crisis. So far, we only have the return of Barry Allen to look forward to.

Here’s cheers to Grant and Geoff!!!