Tuesday, March 2, 2010

The pursuit of livelihood-2

All we hear from the politician whom we have elected is health care reform, bailouts and free trade and wars etc. What about the bailout of the students in form of student loan reform. The students are not asking for a handout but real policies where they can work and earn a living and pay off their debt and bills.

It is assumed that since the students after graduating will be earning enough to pay for the loans so it is not wise to bail them out. Well as I have said countless of times, this economy has been ruthless to every body and if you don’t have a job creation growth, how are these poor souls be able to pay off their debt. Their families are not rich and they are not either to ride out this economy. These students are really struggling but I have not seen any decent or workable reform to reach out and fix this debt problem. I can understand that there maybe some students who were ill informed and took out loans against college degrees which will not be able to pay them decent salaries or they choose schools which were hopelessly expensive for them to afford. But most of them thought that they will be able to get jobs to pay for all the students’ loans that they have accumulated but the shock they are experiencing right now is nothing short of devastating. We need to make policies where these students can find decent jobs and also for people who have lost their jobs after a long time and are new to the market. If the job market does not improve then there is no recovery whatever the economists may come to think otherwise.

The pursuit of livelihood

In an economy, especially this one which has turned upside down all the conventional wisdom regarding who is fired or hired, it is tough to earn a livelihood. It is especially tough for people who are laid off and trying to get back on their feet. There is so much competition for few jobs that it is really like you have to stand out in the whole crowd to say that I am a unique person to get attention.

It is just almost makes your ego destroyed and your thinking twisted about who you really are. If you have a family then you are doubly worried, one for your self and one for your family that how are you going to put food on the table. It is no longer necessary that you should have a college degree, since the college graduates are more in a dire strait with all the student loan debt and pressure regarding find a job to support and pay your bills.

But have a college degree is not a sure shot bet that you will have a job of your choice or any choice for that matter, since the employers want a combination of skill set to match the description of the jobs they are advertising. But for newly minted graduates somebody has to give them a job in order for them to acquire experience. Since the employers are in the driver’s seat regarding whom to hire or not, it is now come down essentially to whom you know rather what you know.

Monday, March 1, 2010

Earthquake in Chile

The world had not recovered yet from the massive earthquake in Haiti that another super massive earthquake has stuck Chile a few days ago. It was more powerful than Haiti but since the people of Chile are used to massive earthquakes they were more prepared with stronger codes of building regulation. Furthermore they are richer than the people of Haiti and may need less aid but we should not diminish the magnitude of the earthquake. Even richer countries like Japan and the United States are sometimes ill equipped to handle earth quakes since even stricter building codes are no match for the nature’s fury.

We can only hope that the world has not run out of kindness for the earthquake victims and don’t think that since Chile is better equipped to handle earthquakes they may not need our help. Every little help counts and the people of Chile needs our help maybe not as much but they may still need our help.

On the lighter Side:-Movies- Fracture

I can only say that this is a fantastic movie starring Anthony Hopkins as an engineer whose wife is having an affair with a police officer and Hopkins kills his wife and gets scott free and Ryan gosling is the up and coming hot shot attorney in the LA district attorney office who is assigned to his case. Intriguing twists and plots turns makes this movie suspenseful and a must see along with a superb acting by the veteran actor Anthony Hopkins who is cool and calculated here.

I would definitely recommend this movie but only for adults. Watch it and you won’t be disappointed.