Subprime Mortgage Crisis

Reason for the current financial crunch

As many of us know the reason, still lot more people didn't understand why exactly this financial crunch the so called "Subprime Mortgage Crisis" happened. Also, we can take it like, every decade something will come to affect the market.

Found a good article and something more in the Wikipedia.

Also I got a forwarded mail from my friend Gunasekaran who runs a website called Thamizh Studio. Forward is a PDF document in Tamil which explains the financial crunch in a funny colloquial language. But its too hard in supporting communism and offending the current Indian governments' financial policies which I don't support.

Opinion Poll for TamilNadu Election 2006

My Blog for TamilNadu Politics (Arasiyal TALK.com) is going very well with more than 3500 visitors a day. I started the website 2 years ago, but I didn't do anything there for long. Just before the General Election to the Parliament 2004, it was active, and after having some bitter experience with my Hoster, I was not doing anything there... And this year from January, I started working on it. Now, its fine and a week back I have started a Forum in that website as well. And, yesterday I have created a Opinion Poll for Tamil Nadu Assembly election 2006.

Even if any of you are interested in writing any article regarding Politics, im ready to publish in the website, arasiyalTalk.com

Its raining for more than 12 hours non-Stop, here in madras. Weather forcasting are towards the same result for few more days. I couldn't go to office today, due to rain. Im getting many SMSs saying "Nearly 50 people died due to power cable fell into the rain water, so avoid going out." I searched in the net for these news, but nothing turned up. I think it must be a rumour. Anyway its a +ve one.

Like BBC Weather, most of the weather forecasters say the same : Temperature as a Max of 31 for next 4 days & 24 as the Minimum. And they are confirming that the rainfall will be less for the following days, when we compare it with today.

Hopefully, Chennai won't suffer any water scarcity next summer. The forthcoming Assembly Election in TamilNadu will also fall on the same summer. So, there is a possibility that : a small % of voters may cast towards, the current J Jayalalitha government, since water scarcity is the major problem Chennai (Madras) is facing every summer.

Update : Just now I checked Chandroo's Blog, from there I found that there is blog created for Chennai Rains as Chennai Help.

2nd Update (28-Oct-2005):  Today it didn't rain, no drizzling, even a drop!!!. Sun was glowing, and most part of the city was very very normal. 

As I said in my Floods in Bangalore blog, water was absorbed in a fast rate. On the way to my office in RA Puram there was nearly 2 to 3 feet water yesterday, I noticed. But this morning, I couldn't find a drop!! To my surprise, it was normal as if nothing happened !!! Many trees stood horizontally, which was also cleared. Government is also doing worthful work.  Its not exactly like what SUN TV(a private TV channel owned by the opposition party Head) is spreading. 

And atlast the Slums are the affected.

 its a  SPECIAL TRIP   since we went to see the elephants  from different parts of the state. Cool, its our CM JJ's order. But, i felt its worth doinggg. This is the second yr,

As usual we(anna, myself & athai, Akka was in madras, so she couldn't )  started in the morning,  to mudumalai from Tirupur. yes, its his SKODA, which took us all there....

From ooty it was 37 Kms to Mudumala(via Thalaikundha & Kallatti ). But it took more than 1 hour. Near Kallatti we saw a jeep standing by its side .. its Bajaj Trax .......Thank god, it didn't slip the other side of the road, which is a big slope...

When we reached mudumalai, we were honoured by some monkeys. :)  From 1 1/2 yrs old baby elephant to a old one, was just enjoying the climate. Few doctors were trying to give some medicine too.... They feed those huge animals with big balls of RICE mixture(made up of rice, sugar, etc.,) And few of them took bath in the nearby stream

We were there for two hours, we took some stills too, but I couldn't bring it back, since some problem in my bro PC's USB port.

And you know, while coming from mudumalai we saw a single elephant(not the one in the temple, real wild one)just crossing the road and was just going towards the stream, hopefully to drink water.... Its december, and still it was hot........

Try visiting http://www.kiruthik.com/pic.php?mudumalaitrip  for the pics..... Hopefully it will be available soon.