Tuesday, November 03, 2009

Why Socialism fails !

An economics professor at a local college made a statement that he had never failed a single student before, but had once failed an entire class.


That class had insisted that Obama's socialism worked and that no one would be poor and no one would be rich, a great equalizer.

The professor then said, "OK, we will have an experiment in this class on Obama's plan".

All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.

After the first test, the grades were averaged and everyone got a B.

The students who studied hard were upset and the students who studied little were happy.

As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.

The second test average was a D! No one was happy.

When the 3rd test rolled around, the average was an F.

The scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.

All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great but when government takes all the reward away, no one will try or want to succeed.



Couldn't be any simpler than that!

Sunday, August 30, 2009

General Welfare

They are full of pride and high expectations. An appointment with the minister! Finally they are admitted, and finally they have the opportunity to make their cause heard. The petition is submitted to the minister. Great injustice and unbearable sufferings have befallen them, they add. The unfair competition of the sun was a burden not only to them, but to the whole people. If government could only decide to compel all citizens to darken their rooms with thick curtains during daytime, the candle-makers would be fine. And not only they! Also the butcher would have to slaughter more animals to produce tallow for candles. This would improve nutrition for everyone. And the producers of beeswax... and, and, and...

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Even the meanest selfish interest will be concealed as a contribution to the “general welfare” in the political debate – even if it causes more damage than benefit. Extracted from The Essential Frederic Bastiat

Sunday, August 02, 2009

Getting into groove @ Bangalore

Over the just commenced weekend, I did the rounds of the good places in Bangalore and have since come to realize why people are so in love with this place. And why the place around church street, brigade road is still happening.

Amoeba - good bowling alley. lots of lanes. yet if you go after 7ish in the evening, you need 2 wait in queue for a while. address - church street. valet parking available.

Bangalore Bistro - awesome food, cool setting. you get your choice of food - Mediterranean, Lebanese, Mexican, Continental, and anything else you can think of and the chef can cook up. Beware you should know what you are ordering - a couple of people in the group I was visiting with, made the wrong choice and landed up with something they did not like. Well, I did surely make hay while the sun shined. I need visit sometime in the evening for the setting outside - looked cool and people recommend it too. address - Brigade Road ( couple of years earlier it was in cunningham rd). Valet parking available.

13th Floor - the destination pub in bangalore. Actually situated on the 13th floor, with a terrace setting - smoking area. They also have a inside setting - non-smoking area. Be sure to make reservations in advance if you are going on a Saturday. Or shell out a few extra bucks for the tables on the terrace. The view of the city and the UB City is amazing, the crowd is happening, and the music is good. address - M. G. Road (entrance available on church st. also without parking)

All these places are within walking distance of each other. So your afternoon lunch extends into a matinee movie (INOX Magrath Rd) extends into a early evening bowling session and peacefully ends with a evening session on 13th Floor. What more can you ask for on your birth-weekend !!!

I am loving it !