Friday, November 28, 2008

What Being Single Means

(This is for the single souls out there...i didn't write this though)

Single means you have the time to grow and be the person you want to be.

Single gives you space to grow. Sometimes, it is harder to grow when you are too close to someone. Trees are planted far apart so they can spread their branches and become strong as they mature.

Single means learning to live by yourself. However, that is no more difficult than learning to live with somebody else.

Single means freedom. You are free to spend a week's vacation on the beach, to take diving courses, to hang out with friends, to work late on an interesting project, to spend the day in bed with a good book or simply with a person who has read one.

Single means learning not to need a man/woman to make your life meaningful but learning to live with a man/woman because you want to be with him/her.

Single means that sometimes you will wonder why you will bite your lip and feel wistful and wonder if marriage is better.

Ironically, yet quite happily, single is feeling good about being in control of your life. It is liking and respecting who you are and why you are.

Single is realizing that being married is not necessarily better, it is merely different.

Single means that there could be something wonderful around the corner and you can take advantage of it.

Single means you are free to love again.

Thursday, November 20, 2008

Can I?

[RE-POST] Originally posted at my other blog site 06/07/05 10:57 AM

This is soooo cheezy! But what can i say? I have a flair for the dramatic. I have more of these stuff. I wrote this at a time when i was an emotional wreck more than 3 years ago. I'm thankful that phase of my life is over... Catch a glimpse of that by reading on...

Can I?
- a poem of longing



Can I think of you?
Even if your mind wanders elsewhere...
When elsewhere is the face of another...
Can i dream of you?
Even if in your dreams you seem content...
Content with the love and care of some other...
Can i be jealous of others near you?
When there's no reason that i should be...
And being thus means fooling only me...
Can i be possessive of you?
When you already belong to him, while I...
Don't have you, don't own you, when i most need you...
Can i make love with you?
But in having this love consummated...
We destroy ties, trusts and friendships too...
Can i touch you? Hold you? Embrace you?
Warm up my being...
Give meaning to my existence...
Ignite the fire in my soul...
Am i allowed to miss you?
I feel helpless, i feel desperate...
I'll get crazy of this longing for you...
Can i at least look at you?
Gaze at that face, you don't have to look back...
Just for a moment, be by my sight...
Can i talk to you? Speak to you?
Let my whispers reach your ears...
Let my words drown out your fears...
Can i love you? Love you. Love you!
Let my lips touch those cheeks...
Let these eyes gaze that beauty...
Let my hands soothe your pains...
Let this feeling soar, fly free...

Wednesday, November 5, 2008

From Sunshine to Sunset

Obama is now president of the United States.

This election was not all about choosing the right leader for America's future. It was about ending the wrong leadership of the past. The Republican leadership, at the helm of the outgoing president George Bush, perhaps deserved to lose this election. But it does not necessarily mean the Democrats deserved to win. They have yet to prove they do.

But congratulations to Obama and the Democratic Party. They have successfully wrested the White House and established a monopoly of power in the US Senate and House of Representatives. While it can be dangerous, America needs that. There can be no divisiveness among the leaders. The United States is facing the most challenging decades ahead since the Great Depression. Bills must be passed with haste to execute the necessary reforms in foreign relations, national security and economy. There can be no grandstanding.

What would it mean to us though?

One thing that came to mind is our BPO sector. One of the Sunshine Industries. A significant fraction of the total outsourcing companies based here are US companies. This sector generates billions of dollars of revenue for the country. Second only to India, we are the premier BPO hub in Southeast Asia. The sector employs hundreds of thousands of Filipinos from Makati, Ortigas down to Cebu and farther.

I am sure everyone who reads this knows at least one person who works for an outsourcing firm. I can name ten at least. And of these persons, many perhaps are breadwinners of their families. Many have established promising career paths in an industry that was largely underestimated by most. But the reality is, they are no different from our valiant OFWs who earn dollars abroad to support their families. The only difference is the location and the currency of their pay.

All of that may change. With Obama's leadership, he hopes to "keep the jobs back home". He may push for regulation of outsourcing to other countries, cutting back the number the US companies may employ. This would translate to thousands of layoffs. Or if not, may make the prospect of bigger revenues in the future only a remote possibility, worse, just a prospect. The BPO industry contributes a sizeable fraction to our GDP. If the above scenario happens, that sizeable fraction would be lost.

The sunshine industry may be headed for a premature sunset.

Those are close friends of mine. My fear is their fear. If they lose their jobs, there may not be enough available jobs here at home. But we must be prepared for the worst and hope for the best. I am confident that Obama would consider, or risk tarnishing bilateral relations with the Philippines who is now warming up more to China.

For the meantime, i guess it wouldn't hurt to learn Chinese.


PS: He said it himself. For more information on Obama's policy on jobs creation, visit the following links.

http://www.rediff.com/money/2008/feb/27bpo.htm

http://www.ontheissues.org/2008/Barack_Obama_Jobs.htm

Wednesday, October 29, 2008

Positive Innovation or Creative Destruction

I took some units of MS Financial Engineering back in 2005. The Philippines back then has no derivatives market yet, unlike those of the already sophisticated ones in the US and Europe.

By December of the same year, I was hired by the Bank and because of the demanding schedule required by the management training program, I had to defer my post-graduate studies. The classes were held at the main Taft campus, unlike MBA which holds classes at RCBC Plaza. This meant an hour or so before I get to class which by then half of the lecture is through and I would be scratching my head clueless for the next hour and a half.

Had I continued my studies, I would be a Master now. I would have become one of what they call ‘quants’, math geniuses (or in my case, maybe just almost genius) that the Wall Street began hiring in the 1980s precisely to invent exotic new financial products like credit default swaps, collateralized debt obligations or mortgage backed securities.

If I took the program earlier hence finishing earlier, I would have been hired as a financial engineer, rose in ranks to have become perhaps a country manager of a local subsidiary of an investment bank here in Makati, only to resign later on precisely because the products we ‘quants’ would have engineered are the very same culprits of today’s financial turmoil, causing erosion of trillions of shareholders’ wealth across the globe.

In other words, I would have been jobless today. A bum genius, or genius bum or just a bum. Great.

The derivatives market is estimated to be roughly around $668 trillion dollars. That is approximately 12 times the entire planet’s GDP. However, only a fraction of that market involves the highly risky credit default swaps. And while its notional value is at $55 trillion, the real money involved is much less. Yet, the havoc it is wreaking across the globe’s financial system is tremendous.

If the bubble burst later, when the market is much larger considering it doubles every two years, then my BPI Equity Fund placement would be wiped out entirely. If that were possible…

This leads me to think if too much knowledge becomes dangerous at some point. Consequently, so could too much technology. The fluidity of today’s markets can be attributed mainly to the seamless interconnectivity of information across the world, the internet. In a click of a button, gigabytes of information can be downloaded onto your workstation, millions worth of stocks can be bought or sold, real-time movements of stock markets are tracked and billions of dollars can be wiped out in a few hours of trading.

That’s just what happened and what is happening. I posed a question in one of my recent articles and I’ll ask it again. Until what point will technology bring convenience to us? And when will it begin causing us more misery than good? I believe the backlash has already begun.

It must be qualified however that it is not knowledge per se that becomes dangerous. It is the absence of regulation of knowledge translated into practice. The derivatives market would not have imploded had it been regulated. In fact, it would continue to create wealth and my BPI Equity Fund placement would still be in the green and everyone would be happy. However, too much liberalization, compounded with knowledge and reckless innovation proved perilous for the likes of Lehman Brothers, Fannie Mae, Freddie Mac, AIG, Wachovia, and countries Iceland, Korea and Pakistan. This list may get longer in the days ahead.

Let’s make an analogy of what happened and what can further happen.

Greedy financial engineers +
Lack of regulation of a derivatives governing body +
Knowledge and technology =
Financial meltdown resulting to losses in the trillions.

Not so grim, yet. Then comes the next possibility.

Power hungry terrorist-funded nuclear physicists +
Weak IAEA (International Atomic Energy Agency) oversight powers +
Weapons-grade plutonium =
Nuclear fallout leading to lives lost in the millions.

So, when do we draw the line between positive innovation and creative destruction?




P.S.: I was going to write about the ill-effects of melamine. However, as I learned that even Chinese eggs, ridiculously as it may sound, were found to be tainted with the chemical, I realized that it could already be in any food we eat. After all, Chinese goods are practically everywhere. Maybe when I already have kidney stones I’d write about it. For the mean time, mooncakes anyone?

Thursday, October 23, 2008

The Prisoner of War

There is a looming danger that is faced by the biggest economy and (used to be?) most powerful nation of the world.

The United States is about to elect a next president ill-prepared for the job at hand.

Barack Obama may be the next president of the United States at a time when the best and unquestionably most qualified must be seated in the Oval Office. Unfortunately, there are only 5 choices (3 independents), and of the five choices, only two are really in a position to capture the presidency. Of the two, only one has been tested.

Better McCain than risk America’s and other nations’ future with Obama.

I was a democrat and a Hillary supporter during the democratic primaries. At least had I been born an American. However, as the recent events unfolded, I saw myself lean towards the Republican ticket. Which is to say, I am for the experience they bring. And Obama, a first-term Senator, lacks significant exposure. Think foreign policy, national security and economy. Experience in these three critical aspects must be taken into account in electing the next president.

Barack Obama has yet to prove himself as senator and yet he aspires to be president. His track record is alarmingly insufficient.

Unfortunately, it is charisma, collected demeanor and oratory that have given Obama the lead in the recent polls. Yes, he is intelligent being Harvard Law educated. But intelligence does not necessarily translate to capacity. Whether Obama has the capacity or not, is yet to be known. But do they really want to know only when it’s too late? Too risky.

Obama’s running mate, Joe Biden himself acknowledges…no…ascertains that Obama lacks experience in a frighteningly manner.

“Mark my words it will not be six months before the world tests Barack Obama like they did John Kennedy. The world is looking. We’re about to elect a brilliant 47-year-old senator president of the United States of America. Remember I said it standing here if you don’t remember anything else I said. Watch, we’re gonna have an international crisis, a generated crisis, to test the mettle of this guy.” Joe Biden said during one of his fundraisers.

This should scare the hell out of those voting for the “brilliant 47-year-old senator”.

Brilliance is just not enough. Remember the Berlin Wall and the Cuban missile crisis during Kennedy? They just can not risk anything of the sort, when, consider this fact, the number of nations capable of manufacturing weapons-grade plutonium has increased. The United States has long been an advocate of the Nuclear Non-Proliferation Treaty. However, what with the financial crisis proving that the US is not as mighty as it used to be, the US’ role and global clout has significantly shrunk. A nuclear war is very possible and an arms race is already happening.

Now, the world is already on the verge of a financial meltdown. Trillions of dollars in shareholders’ wealth have been wiped out in the recent weeks. The US is likely in a recession. Japan already is. The United Nations projected 20 million job losses in 2009. These are difficult times. To elaborate further is no longer necessary.

And the United States seems to want a guy, who promises “change” through rhetoric, to handle these problems whose repercussions resonate across the entire globe.

It is important that the voting population must realize that the alternative, Sen. John McCain is not President George W. Bush. The incumbent had mistakes, and McCain, I believe, intends to correct them.

His experience as a war veteran, having been a POW, mentally and physically tortured, does not automatically qualify him for the presidency. However, this adds up to his character and sense of duty.

Therefore, I am endorsing Senator John McCain for president of the United States…

Only, I wish it matters.

Wednesday, September 24, 2008

The Doer, The Receiver and The Friends

A reply to >> http://daemononline.blogspot.com/2008/09/of-infidelity-forgiveness-and-love.html



Being the perennial neutron that i am, i would have to agree on some things and disagree on others my good friend daemon said.

I agree that respect should be given. Even the doer of the dastardly act deserves the respect for having to muster enough courage to plea for forgiveness and re-acceptance. The receiver in return deserves the respect for his most generous act of forgiveness. Whatever they have decided, everyone should accept, no matter how the decision defies reason.

I disagree, on the other hand, on trusting the decision OUTRIGHT. Respect is one thing, trust is another. The former can be given without condition. The latter is where our personal biases come into play. One can not put trust into something just like that. Trust is earned after all. The decision must then earn the trust of everyone. Eventually, we’ll see what becomes of the decision, then and only then can we believe in it, or not.

I agree that forgiveness is a rare commodity nowadays. But believe me, to forgive is the easier part and everyone deserves it. And believe me also when I say that being the non-forgiver is worse than the person unforgiven. A grudge is heavy because it is the heart that carries it.

I disagree, on the other hand, on giving second chances to everyone OUTRIGHT. Forgiveness and second chances are not a package deal. While forgiveness is a rare commodity, second chances are the most expensive of them all. And not everyone should be able to afford it. However, anyone can be given charity. It is not about the doer deserving it. It is about the receiver being generous enough in giving it. And he has been.

On friends. I MAY not agree that they should just stand by on the way-side. Sometimes, the receiver may not have the strength to fight for himself, too crushed by the circumstances surrounding him that he could only whimper. Friends are there as your shield and your sword, always in front of you and ready to strike. Friends almost always react more passionately about any terrible thing that happened to the one directly involved. That validates how much they love you. And that’s why we love them.

To the receiver, you are most generous in forgiveness and second chances. That is admirable.

To the friends, you are passionate in protecting your own. I would be lucky to have you lot as my friends as well.

To the doer, learn. You are lucky to have that kind love your partner gives you. You have heard before what I had to say, live by it. Do not disappoint. You are my best friend, and I love you, but should you repeat, I will be the first to slap you on your face.

Friday, June 27, 2008

Earth's Payback

May 6, 2008

At a recent mass I heard, the priest began his homily with mention of a story. He officiated a funeral mass unlike any other he did before. This was of a 9-year old boy who died of cancer of the liver. During the homily, the priest jokingly said that one doctor told him that if you do not die of cancer, you are not in.

Now, I must admit, I’m a person who is in tune with the latest trends. However, in this case, I would rather not be “in”.

Not so long ago, maybe a few thousand years back, cancer was probably unheard of. If cancer did exist, it was probably not as prevalent so as to say it is a mortality trend. So how come today, when the most sophisticated medical equipment and most advanced medicines are available is this disease claiming more and more lives per year?

The human body naturally has cancer cells. But these cells are normally benign or dormant. What turns them into aggressive marauding cells are triggers present around us. Examples are asbestos, tobacco smoke, dioxins from food cartons, charred residues from overcooked barbecued meats, acrylamide from overheated French fries and potato chips, and arsenic in drinking beverages. These are commonly known as carcinogens. I can give you a list and probably not half of what is in it is naturally occurring or exposed in amounts now existing in the environment.

This leads me to my point that perhaps, the prevalence of these deadly cancers is our own undoing.

We have highly advanced technologies, able to produce more sophisticated and likewise advanced products all for the convenience of mankind. However, it is questionable the way we produce and use them. We generate electricity through nuclear reactions of radioactive elements. We create automobiles that are several times faster and more powerful than the horse-drawn carriages. We produce handy plastic containers, more durable and cheaper than paper boxes or wrappers. We invented air-conditioning that uses ozone-depleting substances.

However, until what point will technology bring convenience to us?

We have been creating convenience at the reckless expense of our natural resources. We take but we do not give enough back. We take fossil fuels and emit millions of tons of greenhouse gases enough to cause global warming. We use radioactive elements to generate electricity and then we dump radioactive by-products elsewhere. We consume trees and minerals, nature’s raw materials and convert them into substances and materials unnaturally existing while dumping thousands upon thousands of gallons of toxic chemicals into our rivers and seas. Well, in this case we do take and give back, much like a mugger taking all your cash and valuables then still giving you a hard blow on the face leaving a nasty cut across your head.

In the same manner, we are mugging earth. We are taking all its valuables and rather than paying her, we exploit her even more. And we do this not once, but over and over and over and a million times over again. Everyday, every second we burn fossil fuels, dump trash, pollute the rivers and claim wildlife’s habitat for development.

Maybe we get mugged once or even twice. We get a nasty cut on the head or a swollen bruise around the arm. Then we learn. We equip ourselves with pepper sprays and even learn judo for self-defense so that next time an attacker attempts another hold-up, he would not know what hit him. It is going to be payback time.

Likewise, we won’t know what will hit us, too. Earth will learn. After all, it is a living, breathing planet. Though she has been patient for so long, it only means that payback will even be greater.

Consider these payback scenarios. Global warming that will cause melting ice caps enough to raise the water level and wiping out 30% of the entire land surface. A nuclear reactor that has gone awry spewing radioactive particles into the jet stream across several continents causing cancers among millions in the years to come. Death of a thousand river systems that supply fresh drinking water caused by unabated pollution causing Water Wars among nations. Extreme weather conditions across the globe - snowstorms, tornadoes, hurricanes, drought, wreaking havoc to homes and lives of billions.

These are just a few, very real and very possible payback scenarios. At the rate we’re going, it is not a matter of “if it will happen” but rather of “when it will happen”.

The story above was a payback. How can a child at 9 years old have cancer of the liver? Genetics? Maybe. But at 9 years old? Unlikely. The food consumed or the water he drank during the 9 years of his life were perhaps contaminated with toxic substances enough to trigger an early cancer. These are the very same toxic substances that human activities in pursuit of greater convenience produced. Today, unborn fetuses with tumors are not unheard of, albeit rare. Tomorrow, it could be commonplace.

Earth may have claimed one life in that boy’s case. However, with the payback scenarios above, Earth may claim lives in the billions in the not so distant future. Convenience we say?

I believe it’s high time we pay her back the right way.