Saturday, June 17, 2017

JUST FOR THE HACK OF IT






                 Do you know--------------

*Glabella* - The space between your eyebrows is called a glabella.
*Petrichor* - The smell of the earth after the rain is called petrichor.
*Aglet* - The plastic or metallic coating at the end of your shoelaces is called an aglet.
*Wamble* - The rumbling of stomach is actually called a wamble.
*Tines* - The prongs on a fork are called tines.
*Phosphenes* - The sheen or light that you see when you close your eyes and press your hands on them are called phosphenes.
*Box Tent* - The tiny plastic table placed in the middle of a pizza box is called a box tent.
*Overmorrow* - The day after tomorrow is called overmorrow.
*Minimus* - Your tiny toe or finger is called minimus.
*Agraffe* - The wired cage that holds the cork in a bottle of champagne is called an agraffe.
*Vocables* - The 'na na na' and 'la la la', which don't really have any meaning in the lyrics of any song, are called vocables.
*Interrobang* - When you combine an exclamation mark with a question mark (like this ?!), it is referred to as an interrobang.
*Columella Nasi* - The space between your nostrils is called columella nasi.
*Armscye* - The armhole in clothes, where the sleeves are sewn, is called armscye.
*Dysania* - The condition of finding it difficult to get out of the bed in the morning is called dysania.
*Griffonage* - Unreadable hand-writing is called griffonage (Are you reading this dear doctors?)
*Tittle* - The dot over an “i” or a “j” is called tittle.
*Crapulence* - That utterly sick feeling you get after eating or drinking too much is called crapulence.
*Brannock Device* - The metallic device used to measure your feet at the shoe store is called Brannock device.

Thursday, June 15, 2017

THE GOLDEN WISDOM





                

•I can only please one person per day. Today is not your day, tomorrow is not looking good either.

•I love deadlines. I especially like the whooshing sound they make as go flying by.

•Tell me what you need, and I'll tell you to get along without it.

•Accept that some days you are the pigeon some days the statue.

•Needing someone is like needing a parachute. If he isn't there the first time, chances are you won't need him again.

•I don't have an attitude problem, you have a perception problem.

•Last night I lay in bed looking up at the stars in the sky, and I thought to myself, "where the heck is the ceiling?"

•On the keyboard of life, always keep one finger on the escape key.

•I don't suffer from stress. I am a carrier.

•Do not meddle in the affairs of dragons, you are crunchy and good with ketchup.

•Never argue with idiots. They drag you down their level, then beat you with experience.

•A pat on the back is only a few inches from a kick in the ***.

•Don't be irreplaceable. If you can't be replaced, you can't be promoted.

•After any salary raise, you will have less money at the end of the month than you did before.

•The more crap you put up with, the more crap you are going to get.

•You can go anywhere you want if you look serious and carry a clipboard.

•If it wasn't for the last minute, nothing would get done.

•When you don't know what to do, walk fast and look worried.

•Only the mediocre are at their best all the time.

•Life is a waste of time; time is a waste of life, so get wasted all of the time and have the time of your life.

Tuesday, June 13, 2017

HAPPINESS IS WITHIN


      

                    "You can have flaws, be anxious, and ever angry, but do not forget that your life is the greatest enterprise in the world. Only you can stop it from going bust. Many appreciate you, admire you .. Remember that to be happy is not to have a sky without a storm, a road without accidents, work without fatigue, relationships without disappointments.To be happy is to find strength in forgiveness, hope in battles, security in the stage of fear, love in discord. It is not only to enjoy the smile, but also to reflect on the sadness.It is not only to celebrate the successes, but to learn lessons from the failures.It is not only to feel happy with the applause, but to be happy in anonymity. Being happy is not a fatality of destiny, but an achievement for those who can travel within themselves. To be happy is to stop feeling like a victim and become your destiny's author. It is to cross deserts, yet to be able to find an oasis in the depths of our soul. Being happy is not being afraid of your own feelings. It's to be able to talk about you. It is having the courage to hear a "no". It is confidence in the face of criticism, even when unjustified. It is to kiss your children, pamper your parents, to live poetic moments with friends, even when they hurt us. To be happy is to let live the creature that lives in each of us, free, joyful and simple. It is to have maturity to be able to say: "I made mistakes". It is to have the courage to say "I am sorry".. May your life become a garden of opportunities for happiness ... That in spring may it be a lover of joy. In winter a lover of wisdom. And when you make a mistake, start all over again. For only then will you be in love with life. You will find that to be happy is not to have a perfect life. But use the tears to irrigate tolerance. Use your losses to train patience. Use your mistakes to sculptor serenity. Use pain to plaster pleasure. Use obstacles to open windows of intelligence. Never give up .... Never give up on happiness, for life is an incredible show. "

MORAL COURAGE

Field Marshal Sam Manekshaw, as quoted from his own speech to the Officers of DSSC, Wellington, on 11th November 1998, regarding the real meaning of 'Moral Courage':-
" Ladies and Gentlemen, I do not know which of these is more important. When I am talking to young officers and young soldiers, I should place emphasis on physical courage. But since I am talking to this gathering, I will lay emphasis on Moral Courage.
What is moral courage? Moral courage is the ability to distinguish right from wrong and having done so, say so when asked, irrespective of what your superiors might think or what your colleagues or your subordinates might want. A ‘yes man’ is a dangerous man. He may rise very high, he might even become the Managing Director of a company. He may do anything but he can never make a leader because he will be used by his superiors, disliked by his colleagues and despised by his subordinates. So shallow– the ‘yes man’.
I am going to illustrate from my own life an example of moral courage.
In 1971, when Pakistan clamped down on its province, East Pakistan, hundreds and thousands of refugees started pouring into India. The Prime Minister, Mrs. Gandhi had a cabinet meeting at ten o’clock in the morning. The following attended: the Foreign Minister, Sardar Swaran Singh, the Defence Minister, Mr. Jagjivan Ram, the Agriculture Minister, Mr. Fakhruddin Ali Ahmed, the Finance Minister, Mr. Yashwant Rao, and I was also ordered to be present.
Ladies and Gentlemen, there is a very thin line between becoming a Field Marshal and being dismissed. A very angry Prime Minister read out messages from Chief Ministers of West Bengal, Assam and Tripura. All of them saying that hundreds of thousands of refugees had poured into their states and they did not know what to do. So the Prime Minister turned round to me and said: “I want you to do something”.
I said, “What do you want me to do?”
She said, “I want you to enter East Pakistan”.
I said, “Do you know that that means War?”
She said, “I do not mind if it is war”.
I, in my usual stupid way said, “Prime Minister, have you read the Bible?”And the Foreign Minister, Sardar Swaran Singh (a Punjabi Sikh), in his Punjabi accent said, “What has Bible got to do with this?”, and I said, “the first book, the first chapter, the first paragraph, the first sentence, God said, ‘let there be light’’ and there was light.
You turn this round and say ‘let there be war’ and there will be war. What do you think? Are you ready for a war? Let me tell you –“it’s 28th April, the Himalayan passes are opening now, and if the Chinese gave us an ultimatum, I will have to fight on two fronts”.
Again Sardar Swaran Singh turned round and in his Punjabi English said, “Will China give ultimatum?”
I said, “You are the Foreign Minister. You tell me”.
Then I turned to the Prime Minister and said, “Prime Minister, last year you wanted elections in West Bengal and you did not want the communists to win, so you asked me to deploy my soldiers in penny pockets in every village, in every little township in West Bengal. I have two divisions thus deployed in sections and platoons without their heavy weapons. It will take me at least a month to get them back to their units and to their formations. Further, I have a division in the Assam area, another division in Andhra Pradesh and the Armoured Division in the Jhansi-Babina area. It will take me at least a month to get them back and put them in their correct positions. I will require every road, every railway train, every truck, every wagon to move them. We are harvesting in the Punjab, and we are harvesting in Haryana; we are also harvesting in Uttar Pradesh. And you will not be able to move your harvest.
I turned to the Agriculture Minister, Mr. Fakhruddin Ali Ahmed, “If there is a famine in the country afterwards, it will be you to blame, not me.” Then I said, “My Armoured Division has only got thirteen tanks which are functioning.”
The Finance Minister, Mr. Chawan, a friend of mine, said, “Sam, why only thirteen?”
“Because you are the Finance Minister. I have been asking for money for the last year and a half, and you keep saying there is no money. That is why.” Then I turned to the Prime Minister and said, “Prime Minister, it is the end of April. By the time I am ready to operate, the monsoon will have broken in that East Pakistan area. When it rains, it does not just rain, it pours. Rivers become like oceans. If you stand on one bank, you cannot see the other and the whole countryside is flooded. My movement will be confined to roads, the Air Force will not be able to support me, and, if you wish me to enter East Pakistan, I guarantee you a hundred percent defeat.”
“You are the Government”, I said turning to the Prime Minister, “Now will you give me your orders?”
Ladies and Gentlemen, I have seldom seen a woman so angry, and I am including my wife in that. She was red in the face and I said, “Let us see what happens”. She turned round and said, “The cabinet will meet four o’clock in the evening”.
Everyone walked out. I being the junior most man was the last to leave. As I was leaving, she said, “Chief, please will you stay behind?” I looked at her. I said, “Prime Minister, before you open your mouth, would you like me to send in my resignation on grounds of health, mental or physical?”
“No, sit down, Sam. Was everything you told me the truth?”
“Yes, it is my job to tell you the truth. It is my job to fight and win, not to lose.”
She smiled at me and said, “All right, Sam. You know what I want. When will you be ready?”
“I cannot tell you now, Prime Minister”, I said, but let me guarantee you this that if you leave me alone, allow me to plan, make my arrangements, and fix a date, I guarantee you a hundred percent victory”.
That made history.

*We also need to learn some things from this story... A "yes man" is dangerous and shallow.... Don't become a "Yes man".... Have the moral courage to speak out the harsh truths...

Sunday, June 11, 2017

UNDERSTANDING COMMERCE AND ECONOMICS

Commerce is the exchange of goods or services between two economic agents. It is an activity. Economics is the science that studies the behavior of economic agents. It is a study discipline !!!!

Derivative?????????

A derivative is a contract through which the contracting parties trade in risk. The idea of a contract through which risk is traded is not a new one; indeed it is familiar to us all. The obvious example of such a contract is the one we enter into with insurance companies, for getting health insurance cover or motor vehicle insurance cover or crop insurance cover. Derivatives are very similar things, though insurance contracts are normally not included among derivatives.


The risk that is traded through these contracts is usually associated with the value of an asset. Since the trade in this case is not in the asset itself but in the risk associated with its value, ie, is derived from its value, the contract is called a “derivative”. A very simple example of a derivative is when a farmer enters into a contract with a trader that he would give the latter a specified amount of a crop at a specified price at a specified future date. The actual price prevailing at that specified date may be more or less than the specified price. If more, then the farmer has made a loss compared to what he could have got; if less, then the farmer has made a gain. But by entering into a contract at the time he does, the farmer opts for certainty rather than the risk of more or less. And exactly the same is true of the trader. The farmer and the trader have traded risk through this “derivative” contract.

Why, it may be asked, should trade of this sort be at all possible? There are several reasons why it is. First, the expectations about the future price of the asset may differ among the contracting parties, in which case both may think that they would gain from the contract and hence enter into the contract. The farmer in the above example may believe that the specified price in the forward contract he has got into, is above what he expects to prevail on that particular future date, and hence consider himself a gainer from the contract. The trader on the other hand may think the price to be lower than he expects to prevail and hence he too considers himself a gainer. Both therefore enter into the contract thinking they are going to gain.
Secondly, even if all contracting parties have the same expectations about the future price of the asset, they may have different attitudes towards risk, some being more risk-averse than others. Some for instance may be more cautious by nature, while others may be less cautious, or may even love gambling, in which case there is scope for them to enter into such a contract.

Thirdly, even if all parties to the contract have the same expectations about the future price of the asset and also the same attitude towards risk, they may have very different capacities for bearing risk. (This is true in the insurance case, since the insurance company, through the sheer scale of its operations, can bear risk to a far greater extent that the individual, which is why both can enter into a contract with which each is satisfied).
Fourthly, even if the contracting parties have the same expectations, the same attitude towards risk, and even the same capacity for bearing risk, they may nonetheless have different attitudes towards the future, some being more concerned with the immediate future while others are more long-sighted, in which case again there is scope for them to enter into a contract.

The fifth case is when there is an element of swindle or coercion associated with the contract, in which case of course one of the parties enters into the contract either unwillingly or unknowingly. (This was the case with the Bengal peasants under colonial rule who took loans from traders to pay their land tax, by entering into dadan contracts that made them agree to sell a certain amount of a specified crop at a certain time at a specified price to the traders).

While the existence of derivatives has been traced back to the times of ancient Greece, and can be seen in pre-independence India as well, the real explosion in these instruments occurred only recently, with the growth of the financial sector. Derivatives in commodity markets, credit markets, foreign exchange markets, and financial markets are now a common phenomenon. Some of the common forms of derivative contracts are: forward contracts (of which the case of the contract between the farmer and the trader discussed above is an example), and futures contracts, which are very much like forward contracts except that they are standardised contracts drawn up by clearing houses rather than by the parties themselves, and can be traded by these clearing houses.

In addition there are options, where the contracting parties have the right but not an obligation to buy (or sell) an asset at a pre-specified price at a pre-specified date; and swaps which are contracts for exchanging assets that result in the substitution of one stream of cash-flows for another stream of cash flows over a certain time-span. A common form of swap agreement that has been much in vogue in recent years is the Credit Default Swap, which can be understood as follows.

Suppose I hold a claim (a loan) on somebody. I can sell this loan to a third party which makes me a series of payments, but in return I pay the buyer the full value of the loan in case there is a default on the loan, and take possession of the loan myself. The buyer in this case in other words is willing to make a series of payments to insure himself or herself against any risk of default on the loan that he or she holds.

Likewise there can be interest rate swaps, where, say, one stream of cash flows on an asset on which there is a variable interest rate is exchanged against another stream of cash flows on an asset on which the interest rate is fixed. Similarly there can be currency swaps where assets may be exchanged in order to hedge against risks of exchange rate fluctuations.

It is clear that an infinite array of possibilities exists with regard to derivative contracts, and these in turn can be marketed. In the process even newer forms of contracts may emerge, and so on. The question that arises is: what is the effect of these derivatives, and trade in derivatives, upon the real economy?

The usual argument that used to be advanced is that derivatives, by introducing a whole range of new instruments, serve to improve financial markets; they serve to transfer risks from those who are unwilling to bear risks to those who are willing, and as a result the overall burden of risk in the economy comes down. Put differently, since economic agents want to be compensated for bearing risk by an amount which is called the risk premium, the reduction of risk in the economy as a whole entails a reduction, other things being equal, in the risk premium demanded in the economy. This is exactly analogous in its economic effect to a reduction in the interest rate, and therefore increases investment and thereby the capital stock, output and growth-rate in the economy. The proliferation of derivatives in short, by improving the quality of financial markets, has, according to this view, the effect of improving the performance of the real economy.

This view however is wrong. It is based on a conception of capitalism where the system reaches full employment in every period and has a long-run rate of growth equal to the sum of the rate of growth of labour force and the rate of growth of labour productivity. In other words, it sees capitalism as a system that is always in equilibrium, with no demand constraints, no slumps, no crises or fluctuations. In such a world some fine tuning in the financial markets can only make for a better equilibrium, and nothing else. This means that derivatives can only improve the performance of the real economy, which is pretty good to start with anyway.

But once we look at the actual capitalist system we get a very different picture. This is a system where under neo-liberal policies, growth occurs only through the formation of bubbles, and the collapse of bubbles brings crises. Now, the introduction of derivatives on a large scale implies, in this scenario, a camouflaging of risk. Nobody quite knows how much risk any enterprise or financial unit is exposed to by virtue of holding the portfolio that it does.


During the boom therefore when the bubble is expanding, there is a tendency on the part of the banks and other financial institutions to underestimate the risk for this additional reason, namely that the actual risk situation of any production or financial unit is shrouded in mystery, and therefore keep expanding credit. This keeps the bubble going, as happened during the housing bubble in the USA when a good deal of what came to be called “sub-prime lending” occurred. By the same token however when the bubble bursts, as it inevitably does like all bubbles, the crash is all the more severe, posing in particular an acute threat to the viability of the entire financial system.

It follows therefore that the introduction of financial instruments like derivatives, which are claimed to improve the performance of the real economy, actually exaggerates the slump and makes the financial system extremely vulnerable. Many factors no doubt went into the 2007-8 crisis which still continues, and in the wake of which the Obama administration had to pledge $13 trillion of State funds to shore up the financial system; but one factor that no doubt contributed to this dire situation was the camouflaging of risk which the introduction of derivatives has made possible !!!!!!!!

Saturday, April 29, 2017

Quoting Shakespeare


If you cannot understand my argument, and declare "It's Greek to me'', you are quoting Shakespeare; if you claim to be more sinned against than sinning, you are quoting Shakespeare; if you recall your salad days, you are quoting Shakespeare; if you act more in sorrow than in anger; if your wish is farther to the thought; if your lost property has vanished into thin air, you are quoting Shakespeare; if you have ever refused to budge an inch or suffered from green-eyed jealousy, if you have played fast and loose, if you have been tongue-tied, a tower of strength, hoodwinked or in a pickle, if you have knitted your brows, made a virtue of necessity, insisted on fair play, slept not one wink, stood on ceremony, danced attendance (on your lord and master), laughed yourself into stitches, had short shrift, cold comfort or too much of a good thing, if you have seen better days or lived in a fool's paradise -why, be that as it may, the more fool you , for it is a foregone conclusion that you are (as good luck would have it) quoting Shakespeare; if you think it is early days and clear out bag and baggage, if you think it is high time and that that is the long and short of it, if you believe that the game is up and that truth will out even if it involves your own flesh and blood, if you lie low till the crack of doom because you suspect foul play, if you have your teeth set on edge (at one fell swoop) without rhyme or reason, then - to give the devil his due - if the truth were known (for surely you have a tongue in your head) you are quoting Shakespeare; even if you bid me good riddance and send me packing, if you wish I was dead as a door-nail, if you think I am an eyesore, a laughing stock, the devil incarnate, a stony-hearted villain, bloody-minded or a blinking idiot, then - by Jove! O Lord! Tut tut! For goodness' sake! What the dickens! But me no buts! - it is all one to me, for you are quoting Shakespeare.

Thursday, April 13, 2017

ERADICATING CORRUPTION

Well, here we are then. A new year and everyone foolishly pretending that in some cosmic fashion, the torch has been passed from the cruel fates of the past to the benign fates of the future and that by some curious chemistry, the fact that it is now 2017 things will change.
The new year has nothing to do with change. There is absolutely nothing to indicate that the calendar leap has any bearing on what tomorrow brings. It never has.
Corruption did not die last night and nor did black money do a Houdini and disappear. The problem that resonated in the words of the prime minister on Saturday was the inability in most of us to appreciate and acknowledge that simply scrapping currency notes is not the be all and end all of the cleansing.
Until the bureaucracy, the political firmament and the keepers of the law are recognised as the worst offenders of the deceit that has bathed us these 70 years, not even ten Modis can win the war. Even the private sector is not exempt.
Our political system is so skewered that the very idea of having politicians who are not venal and vain and loaded to the gills with ill-gotten gains is absurd. It goes with the territory. Plundering the exchequer after winning an election or being bought over for a price is integral to this game.
Our bureaucrats are largely corrupt and irrespective of their cadres making money on the sly is par for the course. Every damn gazetted officer's signature on every damn piece of paper is written with counterfeit ink. Every damn document in India's endless paper chase and her choke by red tape makes it nigh impossible to ever reach that point where we shall be freed of this bondage.
Lawyers, doctors, cops, bankers, Customs, media, railways, you name it, each one has its own blueprint for making money and if anyone stands up to them, he is quickly warned or led into a trap and removed from the chessboard.
We pay capitation fees to get our children into school. Even copybooks and uniforms are forcefed to students courtesy conspiracies between principals and manufacturers. No major purchase is made without kickback. State borders reek with the stench of daylight theft. Coolies (is that still politically correct?) can get us seats on a train. The prowling Bittu at the courthouse can guide us on to the fast track for a price. Bribe the plumber, the electrician, give the 'bakshish' or stand in line and hope they will serve you. One can give a thousand examples but how do you break down a mindset that sees nothing wrong in the 'give and take' option?
Even the armed forces have divorced themselves from Caesar's wife and are now no longer above reproach. At this very moment, a four star officer is on bail for possible skullduggery. This was once unthinkable.
Which political entity do you know who hasn't made millions after coming into power, settled his family, got the indolent and lazy relations into jobs, usurped land and exploited the system, used nepotism and influence to carve through justice?
Let's talk about the poor, too. Modi extols the virtue of poverty as if poverty and probity were twins. They are not. They are part of the murky package. The office boy runs the office, your government peon is a powerhouse in himself. The typist at the courthouse, the millions of Mr Fix Its, the hoodlums for hire, the terrorising by gangs functioning from 'addas' where police are afraid to go, the police sub inspector, the tehsildar, the Sarpanch, the Khap brigade, all of whom run fiefdoms, how will they ever change?
The cop at the airport who cheats the innocent traveler, the secretary to the VIP, the legions of underlings swinging surrogate authority like a machete, the hangers on, the lickspittles, the line of middlemen who form the chain to the 'open drawer' and the lack of receipt, the 'topping' of the cream for every transaction between citizen and government, even paying for an appointment, this is where the roots lie, Sir, in the day-to-day dealings where your land can be resold 'officially' under a patwa and the devil take the hind leg, where squatters can lay siege on your home, where builders can add on 'extras' and you can do nothing, where the lowest bidder is manipulated and quality flung to the winds, when the banking system is your enemy not your friend, where you take away so much that the only way out is to take in an equal amount and more.
If we keep dancing around the issues and we do not want to discuss exactly how easy it is to make us crawl to get our work done, surrender our esteem to obtain that affidavit, to have our innocence exploited, to be beaten into submission because we don't understand the codicils, the profound declamations count for nothing.
I sometimes wonder if Modi had a professional death wish in opening this Pandora's box. In doing so, he did not see the two scorpions on the floor. The complexities of our love for bumf and paperwork on the one hand and how it feeds corruption at every step because the counter clerk is king and don't you forget it.
India's babus will be the most difficult fortress for the Modi Juggernaut to breach.

And the other scorpion. The sanctity given to the 'chai pani' concept in the nation at every level, that is where it started from. To ask for that extra is a right, a 'hakk' and so deeply ingrained in us that it has led us all to accept corruption as intrinsic to the lubrication of the survival machine.
Together, these two scorpions will begin a pincer movement unless the flanks of this war are widened and widened swiftly. And they will go for the wheel of the Modi chariot. Like a swarm of locusts, there are so any of them…of us.
Truly, we have only just begun…it is going to be a long and bloody campaign.

Whisky Trivia - Interesting !!!!!!!!!!!!!!!!


🔺The world's most expensive bottle of Scotch whisky is Isabella’s Islay ($6.2 million).

🔺The oldest Scotch whisky on the market is the Aisla T’Orten 107 years old, distilled in 1906. It costs $ 1.43 million

🔺Glenfiddich is the world's best-selling single malt

🔺Johnnie Walker Red Label is the world's best-selling Scotch

🔺The Famous Grouse is the best-selling whisky in Scotland

🔺Glenmorangie is the best-selling single malt in Scotland.

🔺The world's fastest growing Scotch today is Black Dog. India is a major contributor to its sales.

🔺The five most popular single malts globally are Glenfiddich, The Glenlivet, Glenmorangie Original, Aberlour and Laphroaig

🔺Bruichladdich’s The Octomore is the most heavily peated whisky in the world (167ppm)

🔺The three oldest single malts currently sold are Glenturret, Oban and Glenlivet

🔺The oldest distillery in Scotland is Glenturret (1775), followed by Bowmore (1779)

🔺With each bottle of Laphroaig that you buy, you are entitled to a lifetime lease of one sq foot of the distillery’s land, along with a personalized certificate of ownership


🔺Cadenhead’s Whisky Shop on Canongate, has a unique selling point: customers can have a bottle poured straight from a cask and labeled with their name. When sealed it has a label with the ‘born on date’, as whisky stops aging as soon as it leaves the wooden barrel, so each bottle is a unique blend.

🔺The highest price paid at an auction for a bottle of Scotch was $631,850 for a 6-liter The Macallan “M” single malt, in a decanter by Lalique. (The highest price paid at an auction for a standard sized Scotch was $460,000 for a 64-year-old Macallan malt whisky)

🔺Edradour is the smallest distillery in Scotland. The entire operation is run by just three people.

🔺The Glenmorangie distillery is one of the smallest in the Highlands and employs just sixteen craftsmen, called ‘The Sixteen Men of Tain’

🔺The most expensive country in which to buy Scotch, ironically, is the UK, where it is made.

🔺In the UK, its home country, the five most popular blended Scotch whiskies are The Famous Grouse, William Grant’s, Bell’s, Teacher’s and J&B Rare. Note: Johnnie Walker does not feature in the list of best-selling blends in its home country.

🔺A closed bottle of Scotch can be kept for 100 years and still be good to drink. After opening, a bottle of Scotch whisky will remain good for five years.

🔺The Australian Wine Research Institute has introduced a measure called a standard drink. In Australia, a standard drink contains 10 g (12.67 ml) of alcohol, the amount that an average adult male can metabolize in one hour.

🔺Although their proof differs, standard drinks of beer, wine and spirits contain the same amount of alcohol – 0.6 ounces each. They’re all the same to a breathalyzer.

🔺18,000 litres of Scotch whisky worth over $800,000 were accidentally flushed down the drain at Chivas Brothers’ Dumbarton bottling plant in 2013.

🔺Experts advise you to drink single malt with just a dash of water. The water supposedly ‘releases the serpent’ from the whisky.

🔺If there is a serpent, there is also an angel. As it ages, 2-2.5 % of the whisky maturing in a barrel is lost to evaporation every year. Distillers refer to this as the ‘angel’s share’.

🔺There is also a devil. The whisky absorbed by the wood of barrel during maturation is known as the 'devil's cut’.

🔺Some sources claim that the Irish whiskey distillers brought the Irish custom of triple distillation with them to Scotland. Auchentoshan was probably started by Irish settlers, led by the MacBeathas, starting this custom. The source of the name Auchentoshan is Gaelic. It means 'corner of the field'.

🔺The United States and Ireland spell it as 'whiskey'. A simple way to remember the spelling: if it comes from a country without an ‘e’ in its spelling, then it is spelt 'whisky'. (e.g., Scotland, Canada, Japan, India, etc.)

🔺Indian 'whisky' is technically flavoured rum, because it's essentially made from sugar !!!!!!!!!!

Thursday, January 12, 2017

GIST OF LIFE


Sufi Master : : : Junnaid
* * * * *
One of the great Sufi Masters, Junnaid, was asked when he was dying... his chief disciple came close to him and asked, ″Master, you are leaving us. One question has always been in our minds but we could never gather courage enough to ask you. Who was your Master? This has been a great curiosity among your disciples because we have never heard you talk about your Master.″
Junnaid opened his eyes and said, ″It will be very difficult for me to answer because I have learned from almost everybody. The whole existence has been my Master. I have learned from every event that has happened in my life. And I am grateful to all that has happened, because out of all that learning I have arrived.″
Junnaid said, ″Just to satisfy your curiosity I will give you three instances. One: I was very thirsty and I was going towards the river carrying my begging bowl, the only possession I had. When I reached the river a dog rushed, jumped into the river, started drinking.
″I watched for a moment and threw away my begging bowl--because it is useless. A dog can do without it. I also jumped into the river, drank as much water as I wanted. My whole body was cool because I had jumped into the river. I sat in the river for a few moments, thanked the dog, touched his feet with deep reverence because he had taught me a lesson.
″I had dropped everything, all possessions, but there was a certain clinging to my begging bowl. It was a beautiful bowl, very beautifully carved, and I was always aware that somebody might steal it. Even in the night I used to put it under my head as a pillow so nobody could snatch it away. That was my last clinging--the dog helped. It was so clear: if a dog can manage without a begging bowl... I am a man, why can′t I manage? That dog was one of my Masters.
″Secondly,″ he said, ″I lost my way in a forest and by the time I reached the nearest village that I could find, it was midnight. Everybody was fast asleep. I wandered all over the town to see if I could find somebody awake to give me shelter for the night, until finally I found one man. I asked him, ′It seems only two persons are awake in the town, you and I. Can you give me shelter for the night?′
″The man said, ′I can see from your gown that you are a Sufi monk....′″
The word Sufi comes from suf; suf means wool, a woolen garment. The Sufis have used the woolen garment for centuries; hence they are called Sufis because of their garment. The man said, ″I can see you are a Sufi and I feel a little embarrassed to take you to my home. I am perfectly willing, but I must tell you who I am. I am a thief--would you like to be a guest of a thief?″
For a moment Junnaid hesitated. The thief said, ″Look, it is better I told you. You seem hesitant. The thief is willing but the mystic seems to be hesitant to enter into the house of a thief, as if the mystic is weaker than the thief. In fact, I should be afraid of you--you may change me, you may transform my whole life! Inviting you means danger, but I am not afraid. You are welcome. Come to my home. Eat, drink, go to sleep, and stay as long as you want, because I live alone and my earning is enough. I can manage for two persons. And it will be really beautiful to chit-chat with you of great things. But you seem to be hesitant.″
And Junnaid became aware that it was true. He asked to be forgiven. He touched the feet of the thief and he said, ″Yes, my rootedness in my own being is yet very weak. You are really a strong man and I would like to come to your home. And I would like to stay a little longer, not only for this night. I want to be stronger myself!″
The thief said, ″Come on!″ He fed the Sufi, gave him something to drink, helped him to prepare for sleep and he said, ″Now I will go. I have to do my own thing. I will come back early in the morning.″ Early in the morning the thief came back. Junnaid asked, ″Have you been successful?″
The thief said, ″No, not today, but I will see tomorrow.″
And this happened continuously, for thirty days: every night the thief went out, and every morning he came back empty-handed. But he was never sad, never frustrated--no sign of failure on his face, always happy --and he would say, ″It doesn′t matter. I tried my best. I could not find anything today again, but tomorrow I will try. And, God willing, it can happen tomorrow if it has not happened today.″
After one month Junnaid left, and for years he tried to realize the ultimate, and it was always a failure. But each time he decided to drop the whole project he remembered the thief, his smiling face and his saying ″God willing, what has not happened today may happen tomorrow.″
Junnaid said, ″I remembered the thief as one of my greatest Masters. Without him I would not be what I am.
″And third,″ he said, ″I entered into a small village. A little boy was carrying a lit candle, obviously going to the small temple of the town to put the candle there for the night.″
And Junnaid asked, ″Can you tell me from where the light comes? You have lighted the candle yourself so you must have seen. What is the source of light?″
The boy laughed and he said, ″Wait!″ And he blew out the candle in front of Junnaid. And he said, ″You have seen the light go. Can you tell me where it has gone? If you can tell me where it has gone I will tell you from where it has come, because it has gone to the same place. It has returned to the source.″
And Junnaid said, ″I had met great philosophers but nobody had made such a beautiful statement: ′It has gone to its very source.′ Everything returns to its source finally. Moreover, the child made me aware of my own ignorance. I was trying to joke with the child, but the joke was on me. He showed me that asking foolish questions--′From where has the light come?′--is not intelligent. It comes from nowhere, from nothingness--and it goes back to nowhere, to nothingness.″
Junnaid said, ″I touched the feet of the child. The child was puzzled. He said, ′Why you are touching my feet?′ And I told him, ′You are my Master--you have shown me something. You have given me a great lesson, a great insight.′
″Since that time,″ Junnaid said, ″I have been meditating on nothingness and slowly, slowly I have entered into nothingness. And now the final moment has come when the candle will go out, the light will go out. And I know where I am going--to the same source.
″I remember that child with gratefulness. I can still see him standing before me, blowing out the candle.″
No situation is without a lesson, no situation at all.
All situations are pregnant, but you have to discover; it may not be available on the surface.
You have to be watchful, you have to look at all the aspects of the situation.
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