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Welcome to Jollybengali.net |
Please come in, make yourself comfortably bibble burbble. My name is
Maher S. Hoque and this is my
little respite on the information superhighmaze. In this website,
you can find various information on myself, my homeland Bangladesh,
and my religion Islam as well access a collection of quotations. I
am also quite a picture wh*re so my picture gallery covers close to 6,000
pictures over the past 7 or so years. Look around and if you have any questions/comments, please feel free to contact me.
Quote of the Moment: "Nothing is miserable unless you think it so; and on the other hand, nothing brings happiness unless you are content with it." - Boethius
Following is a sample from my semi-blog, "An Amrikan Chimaera"...
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The Terrors of Owning Furniture |
The Vagabond Class and the Third Culture Kid
I sometimes wonder how the instability of my 5 years with Cerner has shaped my life in a way that just doesn't happen to people with "normal" lives. I spent 5 years leading a somewhat vagabond life. Actually, moreso than being a vagabond, my lifestyle was geared towards a sense of 'always moving on'. Nothing I did, none of my decisions were geared towards any sense of permanence. My oldest sister, who is a true vagabond, seemingly has more permanent possessions and connections than I do.
Even though I built a house two years ago, I considered it a mostly financial decision. I still do. It's a house; is it a home. It took almost 7 months of sitting on the floor in my game room before I bought a couch, not just because I wanted to get a good one but because I felt almost terrified of the idea of furniture, which (to me) symbolizes the idea of being grounded. I'm not opposed to be grounded, per se, but I'm very unfamiliar with the concept.
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A Mountain, Overlooked by James G Rickards |
How Risk Models Failed Wall St. and Washington
Washington Post
Crooked mortgage brokers, greedy investment bankers, oblivious rating agencies and gullible investors have all been faulted in the financial crisis, and there is bipartisan agreement that regulators were asleep at the switch. It's all well and good to call for substantial new oversight. But if regulators were oblivious to the danger, the question is why.
In the case of Fannie Mae and Freddie Mac, the answer seems easy: Their massive lobbying machines thwarted every legislative attempt at reform. But what about the Fed, the Treasury and the Securities and Exchange Commission, agencies that are not above politics but are known for their professionalism and expertise? Surely they had the capability and motivation to avoid a calamity of the type that is occurring. Why did they fail?
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