Saturday, 30 May 2009

The Phantom. Ghost Who Walks

The Phantom is an American adventure comic strip created by Lee Falk, also creator of Mandrake the Magician. A popular feature adapted into many forms of media, including television and film, it stars a costumed crime fighter operating from the African jungle. The series began with a daily newspaper strip on February 17, 1936, followed by a color Sunday strip on May 28, 1939; both are still running as of 2009. The strip was at the peak of its popularity read by over a hundred million people every day.

If you don't know who I am talking about, this post is not for you. But if you know, read on! There are many of my friends who post Phantom Comics on their blog, so I will not repeat the same, and encourage you to visit their blog for Comics, specially now unavailable Indrajal Comics! Try finding Indrajal Comics on Google, or thy their blog search, and I am sure you can find lots of links for blogs posting Indrajal Comics.

So, what am I bringing on the table? Below is the details of Phantom in other media, as most of you already know about The Ghost Who Walks from Comics!

Friday, 22 May 2009

The Financial Crisis Explained In Simple Words By a fellow alchoholic

The story is really insightful:
Heidi is the proprietor of a bar in Berlin. In order to
increase sales, she decides to allow her loyal customers -
most of whom are unemployed alcoholics - to drink now but
pay later. She keeps track of the drinks consumed on a
ledger (thereby granting the customers loans).

Word gets around and as a result increasing numbers of
customers flood into Heidi's bar.

Taking advantage of her customers' freedom from
immediate payment constraints, Heidi increases her prices
for wine and beer, the most-consumed beverages. Her sales
volume increases massively.

Since she was buying more liquor , she got extended debt
period from her alcohol suppliers to bar . A young and
dynamic customer service consultant at the local bank
recognizes these customer debts as valuable future assets
and increases Heidi's borrowing limit.

He sees no reason for undue concern since he has the debts
of the alcoholics as collateral.

At the bank's corporate headquarters, expert bankers
transform these customer assets into bonds like
DRINKBONDS, ALKBONDS and PUKEBONDS. These securities are
then traded on markets worldwide. No one really understands
what these abbreviations mean and how the securities are
guaranteed. Nevertheless, as their prices continuously
climb, the securities become top-selling items.

So no one was complaining, Customer getting drink on debt,
Heidi getting drink on credit from supplier and paying it
with the money she get with the banker. Banker sold it off
to market as bond and these bonds were being purchased and
sold among investment bankers among themselves.

One day, although the prices are still climbing, a risk
manager (the spoil sport) of the bank decides that the time
has come to demand payment of the debts incurred by the
drinkers at Heidi's bar.

However they cannot pay back the debts.

Heidi cannot fulfill her loan obligations and claims
bankruptcy.

DRINKBOND and ALKBOND drop in price by 95 %. PUKEBOND
performs better, stabilizing in price after dropping by 80 %.

The suppliers of Heidi's bar, having granted her
generous payment due dates and having invested in the
securities are faced with a new situation. Her wine supplier
claims bankruptcy, her beer supplier is taken over by a
competitor.

The bank is saved by the Government following dramatic
round-the-clock consultations by leaders from the governing
political parties.

The funds required for this purpose are obtained by a tax
levied on the non-drinkers.

Cheers !!!

Sunday, 17 May 2009

Wii Homebrew Channel

After almost a year of purchasing my Wii, I finally installed Homebrew Channel on it! It was a risky decision, as I could brick my Wii, making it completely useless. So far, I have spent around US$800-$900 on the games and accessories. If you risk making an investment of such a large sum useless, it’s a big decision. I spend many hours on google, and found a lot of tutorials, made a list of what needs to be done, still was not sure how to get help if I do something wrong. I tried looking for people, who can do this for me, but it was suppose to be such a simple thing (only for those who has done it), no one seems to be able to make a living out of it! But I think it’s a good idea, as I know there are a lot of people like me, who may not wants to do it on their own, and let someone expert do it for them, like unlocking the phone. So, where was I? Ok, I had the tutorial, the stuff, but not the courage to do it. Finally, I registered myself to two such forums where this is being discussed, and post the message, just my inclination of doing it. I got few replies from some experienced guys, who have put the tutorials as well, asking if I need any help. So, I post some more messages, clear few of my doubts and decided to start. As it has given me some confidence, that someone is available to help, if I needed.