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General Knowledge Pt.- XI

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Who designed the first flyover? When and where was it built?

Holborn Viaduct was the world’s first flyover, connecting Holborn with Newgate Street, avoiding a deep dip in the road. It was built across the Fleet Valley to get rid of the steep Holborn and Snow Hills. It was built between 1863 and 1869 and opened by Queen Victoria in 1869. Nearby is the City Thameslink station, a replacement for the former Holborn Terminus of the London, Chatham & Dover Railway It cost over two million pound sterling to complete and was opened by Queen Victoria.

Why are communists called ‘reds’?

‘Red’-refers to the blood shed by the working class in its struggle against capitalism. The identification of Communism with ‘Socialist’ red (with the red flag being the primary colour of the flag of the Soviet Union) and the red star being a Communist emblem led to such Cold War phrases as ‘the Red Menace’ and ‘Red China’.

Why are there only 12 sun signs?

The zodiac is the belt or band of constellations through which the Sun, moon and planets move across the sky. Astrologers noted these constellations and attached a particular significance to them. Over time, they developed the system of twelve signs of the zodiac, based on twelve constellations they considered important. In China, the development of the zodiac was different. Although the Chinese too have a system of twelve signs (named after animals), its zodiac refers to a pure calendrical cycle, as there are no equivalent constellations linked to it. The common choice of twelve zodiac signs is understandable when it is considered that the interaction of the Sun and moon was central to all forms of astrology Thus, twelve cycles of the moon — or months — coincided with one solar year, making twelve a natural choice.

Who are kitchen table tycoons?

Female entrepreneurs in Britain who have set up enormously successful businesses are called kitchen table tycoons in jest. In fact, half of the millionaires in the UK today are women. So, the erstwhile ‘weaker sex’ and the ’second sex’ is now being referred to as the richer sex’.

How far is the nearest black hole from the earth?

The nearest black hole is in the constellation Sagittarius. A normal star named V4641Sgr began emitting rapidly-fluctuating X-ray intensities and ejecting sub-atomic particles moving at the speed of light on September 15,1999. This was observed by an amateur Australian sky-watcher. Later, orbiting X-ray telescopes and groundbased radio and optical telescopes also recorded the dramatically rapid X-ray intensity changes ever seen from one star. The black hole is a mere 1,600 light years away from Earth — the nearest reported black hole yet.

What is snow line?

The snow line on a mountain is the boundary beyond which there is permanent snow. It is about 3,500 metres above sea level. The snow line’s location depends on conditions such as elevation, latitude, proximity to the sea, climate, wind direction, exposure, and the steepness of the slope. In India, it occurs at 4,250 metres above sea level while in Europe it may begin at about 3,500 metres. Further North, at the poles, the snow line starts at sea level.

What is the da vinci surgical system used for?

The Da Vinci device is used hi surgeries in the abdomen, pelvis and chest. It provides surgeons with a 3-D view of the operating area, magnified up to 12 times. Sitting at a console away from the patient, the surgeon uses joystick-like controls to manipulate tiny surgical instruments. These can be used in hard-to-reach areas and turned in ways that would be impossible with the normal dexterity of the wrist.

What are tulip festivals?

The tulip is perhaps the most fashionable flower of England and the Netherlands. There are thousands of varieties of these flowers. Tulip cultivation is the most important industry in the Netherlands today. Billions of bulbs are also produced in the US every year. Dutch growers produce nearly 2,000 varieties, of which about 400 are available in large quantities. During spring, tulip festivals are held in various parts of the world to showcase this beautiful flower.

Our national anthem’s notations were prepared by herbert murrill. In what capacity did he prepare it?

Jana Gana Mana was officially adopted by the Constituent Assembly as the India’s National Anthem on January 24, 1950. The version, which had the approval of Prime Minister Pandit Nehru and a number of members of the Constituent Assembly, was composed by a well-known Briton Herbert Murrill. He was one of three foreign composers who undertook to prepare harmonised versions of the first stanza of the Anthem, on the basis of the Vishwa Bharati tune’s recordings supplied by All India Radio. According to AIR, which had circulated copies of it to all the provincial governments and states, the approved version was not only the best musically, but also faithfully reflected the Indian tune of Jana Gana Mana.

When was the first fashion show held in the world?

The history of fashion shows remains vague. In the 1800s, ‘fashion parades’ periodically took place in Paris couture salons. American retailers imported the concept of the fashion show in the early 1900s. The first American fashion show is likely to have taken place in 1903 in the New York City store Ehrlich Brothers.

What are budgrooks and xeraphines?

They were the units of currency issued by the East India Company in Bombay, during the 17th century Originally belonging to Portugal, the island of Bombay was given to the British King Charles II in dowry when he married the Portuguese Princess Catherine. Charles II auctioned Bombay to the East India Company and authorised it to issue its own currency locally One xeraphine was equal to 580 budgrooks.

Why are orbits of planets elliptical in shape?

Astronomers call the more massive of the two objects, the primary and the less massive one, the secondary Orbit is a path of a natural or artificial object that moves under the influence of a central force. The orbit of a secondary object within the gravitational pull (which is not constant all over) of a primary object is a closed curve called an ellipse. Perfectly circular orbits rarely occur. In an el- liptical orbit, the primary is not in the centre of the ellipse. As a result, the secondary travelscloser to the primary at certain times than the others.

Why can’t we tickle ourselves?

We cannot tickle ourselves because we anticipate our own actions. Research has shown that the brain is trained to know what to feel when a person moves or performs any function. We aren’t aware of many of the sensations generated by our movements. For example, you probably don’t pay much attention to your vocal cords when you speak. For the same reason, we can’t tickle ourselves. If we grab our sides in an attempt to tickle ourselves, our brain anticipates this contact from the hands and prepares itself for it. By taking away the feeling of unease and panic, the body no longer responds the same way as it would if someone else were to tickle us.

What is the paris basin?

It is the region of France constituting the lowland area around Paris. Geologically, it is the centre of a structural depression that extends between the ancient Armorican Massif (west), the Massif Central (south), the Vosges, Ardennes, and Rhineland (east). The area, which forms the heartland of France, is drained largely by the Seine and its major tributaries converge in Paris. The natural vegetation of the basin has been almost entirely lost to civilisation, except for a few relict forests.

What does cymatics refer to?

Also known as Chladni Patterns, cymatics is an ancient system of music. It was in the news recently when the father-son duo Thomas Mitchell and Stuart Mitchell were intrigued by the symbols carved in the arches of the 15th century Rosslyn Chapel (of Dan Brown’s ‘Da Vinci Code’ fame) in Scotland. The duo did some sleuthing of their own which led them to the Chladni Patterns, formed by sound waves at specific pitches.

When was the system of visas introduced?

A visa (short for the Latin carta visa, meaning ‘the document having been seen’) is issued by a country giving an individual permission to formally request entrance to the country during a given period of time and for certain purposes. It is mostly stamped or glued inside a passport, or sometimes issued as separate pieces of paper. An early reference is found in the biblical book of Nehemiah, circa 450 B.C. Nehemiah, an official serving King Artaxerxes of ancient Persia, asked permission to travel to Judah. The king agreed and gave Nehemiah a letter ‘to the governors beyond the river’. As per the current format of passports, blank pages are given for foreign countries to affix visas, or stamp the passport on entrance or exit.

Who invented the toothbrush?

Toothbrushes came into existence in 1938. People used them in the form of ‘chew sticks’ as early as 3000 BC. People would chew a thin twig with a frayed end and then rub it against the teeth. A similar toothbrush in use today was invented in China in 1498. The Chinese used pig’s neck hair as bristles and attached it to handles made of bone or bamboo. Dupont de Nemours introduced nylon bristles in 1938 for the first time. William Addis of England created the first mass-produced toothbrush in 1780. The first patent for a toothbrush was for H N Wadsworth in 1850 in the US, but mass production only started in 1885.

Did robin hood really exist?

Stories of Robin Hood have been told for over 700 years. The earliest ballads were sung as early as the 14th century. The real life Robin Hood was probably born in Loxley in 1160 and became a fugitive in the forest to escape arrest. He married Matilda and joined the fight against the king’s army in the Battle of Borough bridge. The defeat of the rebels forced Robin into Barnsdale Forest, where he lived as an outlaw and was charged with treason. His wife Matilda was the figure who was eventually transformed into Maid Marian of the legend. Robin Hood is said to have died on November 18,1247.

What is the difference between acne and pimples?

While acne is a disease (acne vulgaris), a pimple is just one type of lesion found in acne patients. Other lesions could be a papule or a nodule. However, in common parlance, these are interchangeably use.

What is unique about the la sagrada familia?

La Sagrada Familia or the Church of the Holy Family is unique in two ways. Firstly, its construction which started in 1882, is still going on, and will probably be completed only in another 40-50 years — something like our own Dayalbagh temple in Agra. Secondly, its architect Antoni Gaudi is buried in its basement.

What are sniglets?

A sniglet is a word that should be in the dictionary but isn’t. Sniglets are the brainchild of comedian Rich Hall who, with a little help from his friends, wrote a series of books containing sniglets in the mid-1980s. Sniglets are actually a long-running popular joke in which people make up their own humorous words to define things or concepts that have no “official” definitions.

Which country first introduced paper currency?

Paper currency was introduced by the Chinese around 600 A.D. Back then, the Chinese would string copper coins together and carry them around. As the economy grew, people found it difficult to carry too many coins and paper money was introduced as an alternative.

What is the pigeonhole principle?

The exact statement of the pigeonhole principle is ‘If you want to put N+l pigeons in N pigeon holes, then at least one of the pigeonholes must contain more than one pigeons’. This is just a very obvious fact moulded into a principle. But its applications are vast. Its proof by contradiction is very simple: suppose no pigeonhole contains more than one pigeon. Then, there are no more than N pigeons, which contradicts the fact that there are N+l pigeons.

What is the ultimate picnic sandwich?

Priced at a cool £2.5, the Ultimate Picnic Sandwich is all the rage in Britain. Smoked salmon, mashed avocado, cherry tomatoes, lemon juice, chili flakes, roasted red and yellow peppers, low-fat cream cheese, fresh mint and chives are sandwiched between two thick slices of wholemeal bread. The makers of the Ultimate Picnic Sandwich say the cream cheese and the chives absorb moisture and keep the sandwich fresh. The chilli flakes ward off mosquitoes while easing nasal congestion. The makers also claim that it can boost the immune system.

What are micronesia and melanasia?

Micronesia and Melanesia are both divisions of Oceania in the Pacific Ocean and part of a group of islands. Micronesia is located in the West Pacific Ocean, east of Philippines and includes the islands of Caroline, Marshall, Mariana, Gilbert Islands, Guam and Nauru. Melanesia is in the southwest Pacific Ocean comprising islands northeast of Australia and includes Solomon Islands, Vanuatu, New Caledonia, Tuvalu, Bismarck Archipelago, Admiralty Islands, New Guinea and Fiji.

What is an elephant pearl?

The Nine Pearls, sometimes known as the Nava Moti (nine gems) are a group of sacred gems described in the Vedic texts as the ‘Garuda Purana’. Elephant Pearl is one of them- It is said these pearls are produced in the heads and in the sockets of the elephant’s tusk of the Airavata’s family at the Moon’s conjunction with the asterism Pusya or Sravana synchronous with a Sunday or Monday, as well as of the Bhadra class of elephants.

Which country has the world’s largest navy?

The United States Navy is the world’s largest and has a capacity greater than that of the next 17 largest combined navies. Currently, it has nearly 3,42,000 personnel on active duty and 1,29,634 in reserve; 276 ships and over 4,000 aircraft. Its budget is supposed to be 7.3 billion for 2007.

Who is the youngest nobel prize recipient?

The youngest person to receive a Nobel Prize was Sir William Lawrence Bragg (Physics, 1915). He was 25 years old then. Bragg and his father, Sir William Henry Bragg, won the award jointly for their work with X-ray spectra, X-ray diffraction and crystal structure.

Where did graffiti originate?

The underground art of graffiti has its origins in the late 1960s in Philadelphia, through “bombing”. Writers Cornbread and Cool Earl went about town writing their names just to gain attention from the community and media. The practice spread to New York and its various boroughs in the early 1970s and different styles such as tagging and scaling emerged. Graffiti is the practice of defacing a surface, which if done without consent, is considered vandalism. With consent, if is an art form often used as a powerful political tool.

Who was the first female judge of the supreme court of india?

Justice Fathima Beevi was the first female judge of the Supreme Court of India whose tenure lasted from October 6 1989 to April 29, 1992. The second was Justice Sujata V Manohar, from November 8,1994 to August 27,1999. The third was Justice Ruma Pal who became a Supreme Court judge in 2000 and continues to hold office. However, no female judge has yet been appointed as Chief Justice of India.

Who is the first woman judge of the supreme court?

In the June 3 edition, it’s been incorrectly mentioned that Justice Ruma Pal continues to hold office. Justice Ruma Pal retired in June 2006. She came closest to being the Chief Justice of India had she not retired.

Where did belly dancing originate?

Belly dancing is one of the oldest forms of dance in the world, and has been practised for thousands of years. A specific place or time of origination has never been determined, but it has its roots in various ancient cultures of India, the Middle East and the Eastern Mediterranean regions.

What are bric countries?

The term refers to Brazil, Russia, India and China, which economists feel will be the world economy’s building blocks. It was first used in a 2003 thesis of Goldman Sachs Investment Bank. The economies of the BRIC countries are fast developing and according to the thesis, these countries are likely to overtake the current richest countries by 2050.

What is the significance of the custom of tossing one’s hat?

The ‘hat toss’, the traditional ending to graduation and commissioning ceremonies at all service academies, originated at the US Naval Academy in 1912. Earlier, graduates of this Academy served two years as naval cadets or midshipmen before being commissioned as officers. They had to retain their midshipman’s hats for their sea tour. With the Class of 1912, graduates were commissioned as ensigns or second lieutenants, and no longer needed their midshipman’s hats. In a spontaneous gesture, new officers tossed their old hats into the air. This became the symbolic end to the four-year programme at the academy.

If a child is born mid-air on an international flight, what would be its nationality?

One theory presumes that the ship or the aircraft is the floating island of the country in which it is registered or whose flag it flies. So, the law of that particular State would apply in it. This may cover not only mid-air births but also offences, contracts, wrongs, etc. too. As far as citizenship is concerned, different States have different laws. In some, it is the place of birth while in some others it is the parent’s citizenship at the time birth that determines the child’s citizenship.

What is investment banking?

Investment banking involves structuring financial transactions for private and public companies into developed and emerging markets. Investment bankers identify capital opportunities, negotiate and structure deals, and execute private and public financial transactions. The essential function of an investment bank is to act as an intermediary between potential investors and those who seek capital. Investors include individuals, mutual funds, municipalities, public corporations, and private institutions.

Why do we say ‘bring home the bacon’?

One theory of its origin refers to contest at early American county fairs involving chasing a greased pig. If you caught it, you could take it home as your prize. Another says it originated in the early 1300s. A baron willed that if any married persons in Dunmow, England, swore at the church door that they hadn’t quarrelled for a year and a day, they would get a free side of bacon to take home. The idiom ‘bring home the bacon’ means to score a point or earn something of value, such as a salary

Why were fountains installed in old buildings?

In ancient Rome, drinking water would be supplied to different parts of the city through aqueducts, Instead of collecting such water in plain troughs; the rich would letitcome out of fountains in their mansions. This would not only serve as a water source but also add beauty to the surroundings. The refreshing ambience created by a fountain used to make it an ideal location in a building for meditation and social gatherings. Even now, some people believe the sound of flowing water such as the jet of a fountain has healing power.

In pulse polio abhiyan, what does ‘pulse’ mean?

In Pulse Polio Abhiyan, an immunisation campaign since 1994 to eradicate poliomyelitis (polio) from India, ‘pulse’ stands for Post-Resuscitation and Initial Utility in Life Saving Efforts.

Which is the world’s smallest car?

The world’s smallest car is the nanocar created by researchers at Rice University. The car measures 4 nm x 3 nm. It is slightly wider than a strand of DNA. The human hair is about 80,000 nanometres thick. The car has a chassis, axles and a pivoting suspension. The wheels are buck-balls, spheres of pure carbon containing 60 atoms a piece.

The French Ligier Be Up is the smallest car in the world still in production and can be driven on public roads. It has two seats, a 505 cc engine and measures 268 cm long, 141 cm wide and 156 cm high. It weighs 330 kg, half the weight of a Mini and it has a top speed of 100 kmph (62.2 mph).

Where was the first-ever grape wine park established in the world?

The grape wine park concept is unique to India. It’s an effort to promote grape wine production. The Maharashtra Industrial Development Corporation established two wine parks under the Food Park scheme of the central ministry of food processing industry. The first one, Krishna Grape Wine Park, is at Palus near Miraj. The second is at Vinchur near Nasik and called the Godavari Valley Wine Park. Apart from basic infrastructure facilities, these parks would have other features like a wine festival ground, exhibition centre, wine therapy centre, a three-star hotel, etc.

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What is the fuel consumption of an fl car per lap in a grand prix race?

The current Formula One cars have 2.4 litre V8 engines running at 19000 RPM max and can produce about 840 bhp. The fuel consumption is around 75 litres per 100 km. However, a Formula One engine is said to be more than 20% efficient at turning fuel into power than any other car. An average Formula One circuit is around 4.5-5 km. The fuel consumption is different for every circuit depending on the length and corners and also depends on driving style.

What is aristotle’s political cycle?

Aristotle classified six forms of states and believed that these keep revolving in a cyclic order. The cycle begins with monarchy which soon gets perverted into tyranny, which gets replaced by aristocracy — the rule of a few wise and able people. Aristocracy soon gets perverted into oligarchy — the rule of the rich, to be replaced by the rule of the people or the majority — polity. Polity gets perverted into democracy — the mob rule. Democracy, in the final turn, gets replaced by monarchy and the cycle begins all over again.

What is asset under management?

Assets Under Management (AUM) is the total value of assets that a mutual fund, hedge fund, or other portfolio manager manages and administers for customers. Many financial services companies use AUM in lieu of revenue. AUM indicates market performance gains/losses, foreign exchange movements; net new assets inflow outflow and structural effects of the company.

What is a hedge fund?

The term hedge fund comes from the phrase ‘to hedge one’s bets’ and refers to the practice of balancing out transactions to ensure that no matter which way the market turns, a profit can still be made. The first hedge fund was created by stock pioneer Alfred Winslow Jones. Hedge fund includes strategies like trading stock options and bonds, purchase or sale of highly undervalued securities. A common hedge fund strategy is buying shares in a company that is in the midst of a merger and acquisition. In this case, there is a guaranteed profit if the merger is completed; the only risk being the acquisition will fail.

What are abc powers?

In 1914, Argentina, Brazil and Chile arbitrated the dispute between the United States and Mexico, which was under Victoriano Huerta’s dictatorship. Mexico dissolved into civil war shortly after Woodrow Wilson’s became US President in 1913 when Victoriano Huerta seized control of the nation’s government from the Constitutionalists. Tension between Mexico and the US culminated in Wilson’s seizure of the Mexican port of Veracruz. Wilson appealed to Argentina, Brazil and Chile, the ABC powers, to arbitrate the dispute.

What is carrot and stick policy?

Carrot and stick is an approach to motivation which is widely used by the managers. Carrot stands for rewards while stick stands for penalties. In short, carrots for good performance and sticks for unacceptable performance. It is based on the belief that people are motivated by hope and fear — hope of getting rewards and fear of being denied rewards. If people fail to respond to carrots in a desired manner, sticks can be administered to do the trick. It is justified on the ground that rewards alone are insufficient for motivating people in positive ways.

Why are the latin americas called so even though the language spoken there is spanish?

The term Latin America was coined in the 1860s when the French emperor Napoleon ffl was trying to extend French imperial control over the whole region. He and his ministers used the term to try to suggest at least some degree of cultural similarity between the region and France. The region consists of people who speak Spanish, Portuguese and French. These languages (together with Italian and Romanian) developed from Latin during the days of the Roman Empire and the Europeans who speak them are sometimes called ‘Latin’ people. Hence the term Latin America.

What is the city of swans?

The City of Swans is a local government area of Western Australia. It is located in Perth’s northeastern metropolitan region and the Swan Valley, centred approximately 20 km north-east of the Perth central business district. The city of Lakeland Florida is called the ‘city of swans’. The many lakes in Lakeland are graced by white mute swans descended from a pair donated by England’s Queen Elizabeth in 1957. The city’s original swan population is thought to have originated as pets of lakefront residents around 1923.

What is a solarium?

A solarium is a sun room, derived from the Latin word for ’sun’. In mediaeval Rome, a solarium was a room at the top of the castle towers with windows all around so that the room received sunlight at any time of day Later on, a solarium became a room built largely of glass to afford exposure to the sun. This kind of solarium was similar to a free-standing greenhouse, but could be reached from the home without going outdoors. It was a general view then that an airy sunny room promoted health. In today’s context, the term solarium can mean either a sun porch or a tanning bed.

What is a hybrid car?

Any vehicle that combines two or more sources of power that can directly or indirectly provide propulsion power is a hybrid. A hybrid car features a small fuel-efficient gas engine combined with an electric motor that assists the engine when accelerating. The electric motor is powered by batteries that recharge automatically while you drive

What is the origin of the saying, “you can only take a horse to the water but you can’t make it drink”?

This proverb means that if you want to help a person, you can only offer the person suitable advice or show her or him an opportunity, but it is wrong to expect the person to follow the advice or seize the opportunity, because a person does not do any thing unless she or he really wants to do it. The proverb must have been based on the observation that an animal does not drink water unless it is really feeling thirsty, no matter how close you take it to water. According to some sources, the proverb is of Rwandan origin. In English, it appeared first in a book on proverbs written by John Heywood in 1546. The form of the saying in the above book was “A man mate well bring a horse to the water, But he cannot make him drink without he will.” The wording of the proverb changed over the years and it assumed its current form in the mid-nineteenth century.

What is realla?

Realia is associated with libraries and are objects such as coins, tools, and textiles that do not easily fit into the orderly categories of printed material. It is also used for objects from real life used in classroom education. It concretises vocabulary and language and places it within a frame of reference. It also allows language learners to see, hear, and in some cases, touch the objects. For example, to illustrate and teach concepts such as animals, clothing, fruits, etc., we use pieces of clothing, toy animals, plastic fruit. It’s a useful tool in making the abstract concrete.

Who was the world’s first woman president?

The world’s first woman President was Marma Estela ‘Isabel’ Martinez Cartas de Peron of Argentina. She was the President of Argentina from 1974 to 1976. After her husband President Juan Peron died in office, Isabel served as President from July 1,1974 to March 24,1976. The world’s first elected woman President was Vigdis Finnbogadsttir of Iceland, between 1980 and 1996.

What is geotourism?

It refers to tourism that sustains or enhances the geographical character of the place being visited, including its environment, culture, aesthetics, heritage and well-being of its residents. Geotourists are conscious of the environment and inclined to seek culture and unique experiences when they travel.

When was the first santa congress held?

The first Santa Congress started 50 years ago in 1957, when one of the performers at Bakken had a Christmas party in the middle of summer. Santas from all over the world gather in Denmark every year to discuss important matters such as when to hold Christmas and how large the presents can be. This year, the Annual Santa Congress was held at Bakken amusement park in Denmark in July

Why is the uss nimitz called the ‘old salt’?

An ‘old salt’ in English-speaking naval services is often a raconteur, or teller of sea stories. Much of the history and traditions of the navy are passed from generation to generation of service members by these sea stories as told and retold by ‘old salts’. Sea stories may be truthful, half-truths, or falsehoods; however, they always enhance the reputations of the naval and ma.rine units, or individuals. Being one of USA’s famous ships with a long naval history, the USS Nimitz is referred to as an ‘old salt’.

Why is uss nimitz called ‘old salt’?

Though an old sailor is called an Old Salt, this warship is called so in honour of the most famous American sailor of WW II, Admiral Chester Nimitz, a great Old Salt himself.

What is druidism?

Druidism was the religious faith of ancient Celtic inhabitants of Gaul and the British Isles from the 2nd century BC until 2nd century AD. In parts of Britain which the Romans did not invade, Druidism survived until it was supplanted by Christianity two to three centuries later. This religion included a belief in the immortality of the soul, which at death was believed to pass into the body of a newborn child.

Which is the largest university in the world?

In terms of campus area, the Berry College, an American private, liberal arts college in Mount Berry on the northern-most boundary of Rome, Georgia is arguably the largest university in the world. It has approximately 2,100 students on 28,000 acres of north Georgia hill country In terms of number of students, Allama Iqbal Open University, Islamabad, Pakistan is the world’s largest university with around 1.8 million enrollments, followed by the Indira Gandhi National Open University, New Delhi, with approximately 1.4 million enrollments.

Which was the first tv talk show?

The talk show, popularly understood as a show comprising a host, a few panelists and a live audience, had its origins in the ’70s in American television. Phil Donahue’s ‘The Donahue Show’, which first aired in 1970, is the first talk show. Oprah Winfrey, however, took this format to new levels and is today the highest-paid TV personality.

What’s the origin of the word ‘greenhorn’?

The word means immature. One explanation relates to green timber which isn’t seasoned. The word dates back to the 17th century’s jewellery manufacturing industry when animal horns were used as inset in silver frames. The horn was usually decorated with a figure, often a head, and this was impressed in the brown horn by heating it to a specific temperature. Heating it to a higher temperature would result in the horn turning green, not the desired shade of brown. Such an outcome was usually the handiwork of apprentices. Hence, they came to be called greenhorns. Currently, it also refers to foreigners who haven’t yet learnt the ways of the new country.

Who is a dreyfusard?

Dreyfusard and anti-Dreyfusard refer to individuals who respectively supported or denounced Captain Alfred Dreyfus, a Jewish artillery officer who was wrongly convicted of treason in 1894. This developed into a major political scandal and sharply polarised France into two camps. The Dreyfus affair was shocking abuse of the legal system, primarily driven by anti-Semitism and by an ardent desire to shield the French military from its own mistakes. Dreyfus was eventually vindicated after which he actively served in World War I and received the Legion of Honour.

When are nations said to be developed?

The nations which have a high Gross Domestic Product (GDP) per capita and a high Human Development Index (HDI) are generally considered developed. According to the United Nations, there is no established convention to classify nations as developed or otherwise. According to the World Bank, a nation which has a gross national per capita income of ,116 or more is called a high-income country, but it need not to be a developed nation. However, a high HDI is strongly correlated to a prosperous economy HDI mainly focuses on standard of living, literacy, life expectancy, child care, infrastructural availability, clean water and uniform wealth distribution (as per Gini co-efficient).

How many mahatma gandhi roads are there in india?

M G Road is one of the most used road names in India; there are M G Roads in almost all the districts. It is difficult to count the number of roads as they are found in several cities including Kolkata, Chennai, Bangalore, Pune, Lucknow, Agra, Porbundar, Delhi, Kochi, Hyderabad, Secunderabad, Wardha and Nagpur.

What is a tempera painting?

It is a method of painting in which the pigment is held together through a water solution mixed with either egg, casein, gum or glycerin. This method is the oldest and probably executed with a medium of egg yolk, to which a little vinegar was sometimes added. It subsequently became widespread throughout Europe and reached its height in Italy. Today, tempera paints are prepared in tubes and pots, requiring only addition of water or some other medium, usually casein. Tempera paints have a matte (non-glossy) finish, and the colours remain stable for long periods. Egg tempera can be buffed once it is completely dry to yield a rich, lustrous finish.

What is doge of venice?

Doge of Venice was the highest official of the Republic of Venice from the 8th to 18th century It originated when the city was subject to the Byzantine empire and became permanent in the 8th century. The doge was chosen from the ruling families and held office for life. He held extensive power, as seen by the rule of Enrico Donaldo (1192-1205), though from the 12th century, the aristocracy placed limits on the doge’s authority. Under Frencesco Foscari (1427-57), Venice undertook the first conquest of the Italian mainland. The last doge was deposed when Napoleon conquered northern Italy in 1797.

Which place is called the granite city?

Aberdeen, Scotland’s third largest city, is known as the Granite City It’s called so because nearly all its buildings are made of the pale granite that is quarried nearby Madison County, Illinois, USA, is also called Granite City. About 75,000 people live in the immediate Granite City area. Granite City is part of the Greater St. Louis and named by the Niedringhaus Brothers who operated a graniteware plant there.

In which play does the character ophelia appear?

Ophelia is a fictional character in the play Hamlet by William Shakespeare. She is a young noblewoman of Denmark, Polonius’ daughter, Laertes’ sister, and Prince Hamlets sweetheart. Ophelia is often referred to in literature and the arts in connection with suicide, love, and/or mental instability.

What is gravel culture?

Gravel culture is a kind of hydroponic culture (a method where plants are grown without soil for experimental and hobby purposes). Here, pea-sized gravel supports and distributes the root system. This coarse gravel allows a nutrient solution to flow down a slope or to seep from a surface drip and filter down through the roots. When the nutrients flow back into the container, they can be recirculated; otherwise, they are replenished weekly. This cycle maximises both nutrient delivery and aeration to the roots.

Why is champagne showered during a celebration?

The wine-producing region of Champagne in northern France is well known for its special white sparkling wine, which, over the centuries, came to be called by the same name. m its early days, it was produced by French monks living in the region of Champagne and the monks considered the wine holy Around 496 AD, one of the kings of France was converted to Christianity, and his baptism ceremony took place in the Champagne region. During the ceremony, the priests applied Champagne wine on his body. Since then, Champagne, because of its sparkling and bubbly quality, has become synonymous with joy, and people found it refreshing and enjoyable to spray the wine on one another during celebrations of all kinds. Members of the winning team in sports celebrate their victory by pouring champagne on one another.

What is the origin of the phrase ‘dead ringer’?

The definition of ringer, from which this phrase originated, is ’substituted racehorse’. Unscrupulous racehorse owners would have a fast horse and a slow horse, nearly identical in appearance. They would use the slow horse until the betting odds reached the desired level. Then they’d substitute the ringer, which could run much faster. Dead, in this case means abrupt or exact like in dead stop, or dead shot. In other explanations, in order to make sure that a buried person was actually dead, a string was sometimes tied to the deceased person’s wrist and attached to a bell above the ground. If he was merely unconscious and woke up he could ring the bell and draw attention to himself — he was a ‘dead ringer’. In current usage someone who closely resembles a deceased person is regarded a ‘dead ringer’.

In which range of the himalayas is kashmir located?

Kashmir is located in the Pir Panjal Range. The other ranges of the Himalayas are Dhaula Dhar range Zanskar range, Ladakh range and East Korakoram range

Why is the cape of good hope called so?

In 1486, Bartholomew Diaz, a Portuguese nobleman sailed from Lisbon, determined to follow the African coast farther than anyone had before. After he had passed the mouth of the Congo (now Zaire) River, a fierce storm sent his ship reeling out to sea. When the gales had blown themselves out, he came back to the coast and found to his surprise that it now lay to the west. The storm had blown his ship right around the cape. On his return to Portugal, Diaz told King John II that he had named the great promontory the Cape of Storms. The king, realising this discovery might open a route to greater wealth, suggested it be renamed the Cape of Good Hope.

Why was trafalgar square built?

Trafalgar Square situated in London was built to memorialise Lord Horatio Nelson’s victory against Napoleon’s navy at the Battle of Trafalgar in 1805. The original name was to have been King William the Fourth’s Square, but George Ledwell Taylor suggested the name Trafalgar Square. A large monument to Lord Nelson, who won the battle of Trafalgar, stands in the centre of the square. The four-sided base of Nelson’s column depicts Nelson’s naval victories. On the North — The Battle of the Nile; the East — The Bombardment of Copenhagen; the West — The Battle of St Vincent and the South— The Death of Nelson.

Who are called cosers?

A section of youth in Taiwan who dress up like Japanese animation characters are called cosers. They emulate not just the costumes but even the roles of the characters. Experts view this trend as a way in which these youths try to break out of strict traditions of Chinese society. The act of imitating these characters is called cosplay. The cosers exhibited their flamboyant sense of style during the recently held expo of Japanese manga animation in Taiwan.

Who was the first man in hindu mythology?

According to the Matsya Purana, sage Manu was the first man (and the first human) created by God, In the above Purana it was mentioned that lord Brahma created, using his difine powers, the Goddess Shatrupa (as Saraswati was first called) and out of the union of Brahma and Shatrupa was born Manu. Manu obtained through long penance his wife Ananti. The rest of the human race originated from Manu and Ananti. Details about the children of Manu and Ananti are found in the Bhagavata Purana. Manu is also considered to be the author of the ancient Sansiilrit code of law, Manu Smrifi, which was the summary of a discourse given by Manu to several rishis. The English noun man and the Sanskrit verb mun, meaning to think, are supposed to have evolved from the word Manu. Rigveda has a different account of the origin of the human race, which was born from the five children (four male, and one female) of Lord Prajapati, as Brahma was earlier called. Of the two versions, the Matsya Purana is more popular and complete.

What is the difference between a notification and a circular?

A notification is issued by a government (central/ state) to exercise the power of a legislative enactment (Parlimentary/ Assembly). These powers are in abundance in taxation (direct/ indirect) legislations. These notifications generally lay down the law taking care of some procedural aspects of the enactment.-The circulars are issued by the chief executive in charge of the taxation hierarchy, and are normally explanatory/ interpretative or relax the rigours of the law administered.

Why are domestic lpg cylinders red?

Domestic LPG cylinders are not always red in colour. For example, blue-coloured cylinders are used in Singapore. Red colour light has the highest wavelength in the visible spectrum. So, it is visible even from a long distance. Red colour is used for anything which is dangerous or urgent. As we know that LPG is highly inflammable, it is painted red for the safety of the consumer.

What are teepees made of?

Long before the Indians from the plains moved from place to place throughout the year, taking their homes with them, they had lightweight, comfortable, collapsible structures which they called teepees (or tepees or tipis). Teepee is a tall, cone-shaped tent dwelling used by the plains’ Indians, and was made by stretching buffalo skin over a skeleton of 20-30 wooden poles, all slanted towards a central point and tied together near the top. A flap at the top allowed smoke to escape, and a flap. at the bottom served as a doorway Water-resistant and flame-retardant teepees are even produced from the best natural cotton canvas by marquee manufactures and have withstood hard commercial use for many years. The basic design and construction methods of the teepee have also been well established over many years to increase the life of the teepee.

Who created the smiley?

Research professor at the Carnegie Mellon University Scott E Fahtman is said to be the creator of the smiley, an emoticon used in internet parlance. It is believed that Fahlman sent an e-mail to his colleagues on September 19,1982; I propose the following character sequence for joke markers;:-). Read it sideways.” This year, the emoticon which has endeared itself the world over, turned 25. To celebrate its silver jubilee, an annual Smiley Award meant for CMU students was created. It carries a cash prize of 0. Prof Fahlman says that the Smiley Award is for ‘innovation in technology-assisted human to-human communication’.

Why is world aids day observed on december 1?

The first World AIDS Day came in the wake of the world summit of ministers of health on programmes for AIDS prevention in London in January 1988 which delegates from 148 countries attended. They emphasised the need for worldwide AIDS education, the free exchange of information, and the protection of human rights and dignity The World Health Organisation recognised the event by declaring December 1 as World AIDS Day. In 1991, the red ribbon became the international symbol of HIV and AIDS awareness. It was created by the Visual AIDS Caucus in New York. It made its public debut at the 1991 Tony Awards on the lapel of host Jeremy Irons.

Which is the world’s first sez?

A Special Economic Zone (SEZ) is a region that has economic laws that are more liberal than a country’s typical economic laws. The goal of an SEZ is to increase foreign investment. One of the earliest and the most famous SEZs was founded by the government of the People’s Republic of China under Deng Xiaoping in the early 1980s. The most successful SEZ in China is in Shenzhen. Following this example, SEZs have been established in several countries, including Brazil, India, Iran, Jordan, Kazas Bistan, Pakistan, the Philippines, Poland, Russia, and Ukraine.

Who was the first indian to be knighted?

Queen Victoria founded The Most Exalted Order of the Star of India in 1861, which was an order of chivalry, meant to be given to viceroys of India, nawabs and princes for their meritorious service and loyalty to the British empire. The people admitted to this order were called knights. In the year of its founding, Nawab Sikandar Begum Sahiba, Nawab Begum of Bhopal was made the Knight Grand Commander of the Star of India (GCSI). Later, her daughter and grand-daughter also received the same honour.

Who are kitchen police?

Kitchen police are military service personnel whose services are deployed to assist the cook in the kitchen. They help the cook by cutting vegetables, cleaning the floor, washing the dishes, etc. Sometimes, regular combat personnel are also sent on kitchen duty as punishment for minor offences. This term has been used in the US since World War I.

What are ugg boots?

Traditionally, ugg boots are Australian boots made from sheep skin, with wool as the inner lining and a tanned outer surface. The natural properties of sheep skin results in thermostatic benefits. Thick fleecy fibres on the inner part of the boots allow air to circulate during summer so that the feet do not become excessively warm. In winter, the sheep skin prevents heat loss and is highly effective. Ugg boots are designed to be worn without socks. The name ugg is probably derived from the word ugly to indicate their ugly look.

How are international telephone dialling codes assigned to countries?

International Telecommunication Union (ITU) recommendation defines the international public telecommunication numbering ^ttttsedin the PSTN. It also defines the format of telephone numbers. As per these recommendations, numbers can have a maximum of 15 digits and are usually written with a + prefix. CCITT, the predecessor of the ITU Telecommunication Standardization Sector (ITU-T), developed the first formal list of telephone country codes. It was included in the 1964 CCITT Blue Book, which became ITU-T recommendation E.164. The list was organised by creating nine zones, one for each international region. Zone 1 — United States, Canada, Bermuda and other Caribbean nations; Zone 2 for Africa and other Atlantic Islands; Zone 3 for Europe; Zone 4 for Europe; Zone 5 for Mexico, South America, Caribbean, and Central America; Zone 6 for Oceania and South-East Asia; Zone 7 for Russia, former Soviet Union Zone; Zone 8 for East Asia and other special services; Zone 9 for South, Central, West Asia and Middle East.

What is psiphon?

Psiphon is a censorship circumvention solution that allows users to access blocked sites in countries where the internet is censored. Psiphon turns a regular home computer into a personal, encrypted server capable of retrieving and displaying web pages anywhere. Psiphon is a human rights software project developed by the Citizen Lab.

What are bionic buildings?

In the era of ever-increasing urbanisation, people live and work in high-rise buildings which depend on artificial energy sources like electricity for survival. In the natural world, insects like spiders use a saliva-made fibre to construct their steely web. Termites build intricate airway systems in their habitat. In the same way, some architects and engineers have turned to nature for inspiration when designing buildings. These buildings are called bionic buildings. They are designed to enhance the efficiency in usage of energy by having a provision for entry of sunrays (natural lighting) to reduce dependence on electricity.

What is the lantern festival?

The 15th day of the first lunar month is the Chinese Lantern Festival because the first lunar month is called yuan-month and in ancient times people called the night Xiao. The 15th day is the first night when the full moon is visible. So, the day is also called Yuan Xiao Festival in China. According to Chinese tradition, at the very beginning of a new year, when there is a bright full moon hanging in the sky, there should be thousands of colourful lanterns hung out for people to appreciate. At this time, people try to solve the puzzles on the lanterns and eat yuanxiao (glutinous rice ball) and families gather to make for a joyful atmosphere.

If red roses speak of love, what do yellow roses indicate?

Yellow roses indicate friendship as the bright, sunny colour of yellow roses evokes a feeling of warmth and happiness. The warm feelings associated with the yellow rose are often akin to those shared with a true friend.

What is pop art?

The term pop art is short for popular art. It emerged from the pen of English critic Lawrence Alloway in the late 1950s to describe what he viewed as a contemporary attitudinal shift in subject matter and techniques of art. Beginning in England in the mid-1950s and America in early ’60s, pop art focussed on everyday objects rendered through an adoption of commercial art techniques. In doing so, artists availed themselves of images and ideas culled from popular culture, including movies, comic books, advertising, and especially, television — faithfully reproduced in all their mass-produced glory. Thus, by making use of what had been dismissed as kitsch by the art establishment, pop artists whose works were displayed in museums effectively thumbed their collective noses at the distinction between highbrow and lowbrow art.

What’s the doomsday vault?

The doomsday vault is a Noah’s Ark of sorts which would store samples of the world’s most important seeds. It was inaugurated at Longyearbyen, Norway on Tuesday The vault is trident-shaped tunnel bored into the permafrost of the Arctic mountain range. It comprises three cold chambers and can hold 4.5 billion batches of seeds from the world’s main crops. This is to ensure that species of plants obliterated by any manmade or natural disaster can be regrown.

How was the term pink slip coined?

In America, there was an old practice where the personnel department would put a discharge notice printed on pink paper in the pay envelope to notify the employee of his or her termination of employment or lay-off. The term pink slip also refers to a car race in which the winner receives the loser’s car where the vehicle title would be printed on pink paper. The term dates back to 1915. However, originally, the colour of the paper had no particular significance.

Who is adolf loos?

Adolf Loos was an Austrian architect and theoretician, one of the most important representatives of modern architecture. In his theoretical and practical works, he developed a concept of functionalist architecture, free of decoration, which he regarded as superficial and subjective (in his essay Ornament and Crime). Among Loos’ most significant works were the Steiner House and the Goldman & Salatsch department store in Vienna. The Miller Villa in Prague is among his climactic house buildings, described as “a single large, airy space” (the so-called ‘Raumplan’). Loos also designed a number of coffee houses and luxury shops (particularly in Vienna) as well as apartments.

What is ‘a very silent night’?

It’s music to a dog’s ears, literally A Very Silent Night’ is a CD recorded at a frequency only dogs can hear. It was recently launched in New Zealand. It’s not to be confused with the Christmas hymn Silent Night, Holy Night.

What is international white cane day?

James Biggs of Bristol claimed to have invented the white cane in 1921. After he lost his vision in an accident, the artist felt threatened by increased motor vehicle traffic around his home and decided to paint his walking stick white to make himself more visible to motorists. It was not, however, until 10 years later the white cane became established. With the realisation that the black cane was barely visible to motorists, the Lion’s Club decided to paint the cane white to increase its visibility and then began a national programme promoting the use of white canes for visually impaired persons. During the early 1960s, several state organisations and rehabilitation agencies serving visually impaired citizens of the United States urged Congress to proclaim October 15 the White Cane Safety Day A joint resolution of Congress was signed authorising the US president to proclaim October 15 as White Cane Safety Day

What are gigantes?

In Greek mythology, the gigantes were a race of giants, children oil Gaia or Gaea (Earth Mother) who was fertilized by the blood of Uranus when Cronus castrated him. The primordial Gigantes rose up in arms against the Olympians in an attempt to end the reign of the Olympian gods but were defeated by them and buried beneath the Earth, where their writhing is supposed to cause volcanic activity and earthquakes.

Which desert is also known as shamo? Why?

The Gobi desert, the extensive area of southern Mongolia and northern China and the largest desert in Asia, is also known as Shamo. It’s the Chinese word for ’sand desert’. The Gobi, which extends 1,600 km from East to West and about 1,000 km from North to South, has an area of about 1,300,000 sq km. It is bounded by the Da Hinggan Ling (Greater Khingan Range) on the East, the Alton Shan and Nan Shan mountains on the South, the Tian i Shan mountains on the West, and the Altay and Hangayn Nuruu (Khangai) mountains and Yablonovyy Range on the North.

What is an adobe?

In Peru, where I come from, an adobe is a brick made of mud mixed with other material such as cane, straw and stone to give consistency It is dried in the sun. The adobe also provides a cool atmosphere to buildings made of it and is therefore used in much different kind of constructions. In Peru, there are many archaeological places that used this material, like the Huaca del Sol (450 CE), a great pre-Columbian construction in Trujillo, Peru which used around 100 million adobe bricks. Chan Chan, Huaca Pucllana, and many other complexes of our rich culture were also made with adobe. The great colonial buildings were also made with adobe, a very good material in dry weather prevalent on the coast of Peru where it rarely rains. Even today, adobe is still used for home constructions.

What does thor refer to?

It’s widely known that Thor is the Norse God of Thunder. But now, Thor is also the first ship made of ice-cream sticks that will sail to the UK from the Netherlands. This new-age Viking ship is built with 15 Million recycled ice-cream sticks which are glued together. It was created by stuntman Robert McDonald along with his son and over 5,000 children.

What are fizeau’s fringes?

Fizeau’s fringes occur in interferometry. One of the most common methods used to test the flatness of a polished surface is by analyzing the interference patterns formed when the surface is placed against another polished flat transparent surface. When two surfaces are fully in contact, a pattern of concentric dark and light cycles is seen and these patterns (or fringes) are called Newton’s rings. However, when the surfaces are separated by a very thin wedge-shaped layer of air, straight, parallel, dark and light patterns are produced and these are called Fizeau’s fringes. These fringes are named in honour of French physicist Armand Hippolyte Louis Fizeau (1819-1896), who used the interference of light to measure the dilation of crystals.

What is the origin of the term ‘the whole nine yards’?

This phrase’s origins have several interpretations. Some popular ones are as follows: nine yards probably refers to the amount of cloth/ material needed to make a wedding dress or bridal train, a man’s three-piece suit or a burial shroud. Also, the term, perhaps, comes from World War II pilots who wanted to be sure that they were fully loaded with ammunition before take-off. The ammunition belts were normally 27 ft or 9 yards. Alternatively, the term comes from the capacity of ready-mix concrete trucks which were normally 9 cubic yards — the whole nine yards referred to a fully loaded concrete truck.

What is back-door financing?

Back-door financing, an American concept, is the practice of governmental borrowing from the US treasury over and above legislature-approved budgeted expenses. The government resorts to this form of financing to meet unforeseen expenses arising out of events such as natural calamities.

Why is quartz used in watches?

Quartz is used in watches as it acts as a piezoelectric oscillator. As a potential difference is applied across quartz, stress is generated across the perpendicular faces of the quartz crystal. It is known as reverse piezoelectric effect. The word piezo in Greek means pressure and, therefore, piezoelectricity means pressure electricity It fakes place in some crystals like quartz which lack certain symmetrical properties. A mechanical stress produces an electric polarization and, reciprocally, an applied field produces a mechanical strain. So, this oscillator keeps watches ticking.

What is the geographical indications (gi) registry?

In December 1999; the Parliament passed the Geographical Indications of Goods (Registration and Protection) Act, 1999. It seeks to provide registration and better protection of geographical indications relating to goods produced and manufactured in India. The Act is administered by the Controller General of Patents, Design and Trade Marks who is the Registrar of Geographical Indications. The Geographical Indications Registry is located in Chenhai.

What is the subprime effect?

Subprime lending, also called ‘B-Paper’, ‘near-prime’ or ’second chance’ lending, refers to they practice of giving loans to borrowers at interest rates above the prevailing market rates because of their low credit status and increased risk due to either a limited credit history, or histories of payment delinquencies, charge-offs or bankruptcies. Subprime lending includes mortgages, credit cards and car loans. It is risky for both the lender and the borrower. It helps those consumers who otherwise Would not have access to credit market. But on the flip side the borrowers do not have the resources to meet the long-term loan obligations. But the crisis began in 2006, when in the US, thousands of borrowers defaulted in payments; as a result many lenders had to file for bankruptcy leading to a direct impact on the US housing market and economy as a whole.

What is dumdum bullet?

In the 1890s, the British military developed a bullet to be used at Dum Dum arsenal in India.’s North-West frontier and was named ‘dumdum’ bullet. It comprised a jacketed .303 bullet in which the jacket nose opened to expose its lead core to improve the effectiveness of the bullet by increasing its expansion upon impact. Afterwards, the term dumdum was taken to include any softnosed or hallow-pointed bullet. In 1899, the use of dumdum bullet was outlawed following the Hague Convention. But during First World War, the Germans accused the Belgian government of having used a dumdum bullet which the Belgians strongl denied.

What is a fish-eye lens?

It is a type of wide-angle lens used in photography to capture extremely wide and hemispherical images. Its focus length varies between 8-10 mm for circular lenses and 15-16 mm for full frame lens. Originally developed for use in meteorology and astronomy, it is used in planetariums and IMAX dome theatres to show pictures on a broad canvas.

What is the flynn effect?

The Flynn Effect is the rise of average intelligence quotient test scores seen over a period of time; say a decade or a century, in a country due to better schooling, improved nutrition or TV or even greater familiarity with multiple choice questions. The effect was named after New Zealand philosopher James R Flynn.

What is grimm’s law?

Grimm’s Law shows the systematic relationship between consonants in Germanic languages and consonants in other Indo-European languages, stating what phonetic changes took place. It is a phonetic principle formulated by German philologist Jacob Grimm in 1822. It describes the pattern of two stages of sound changes, known as the German consonant shift and the High German consonant shift. Grimm’s Law is important because it demonstrates the development, from the Old Germanic languages, of more recent languages such as English, Dutch, and Low German. It also shows that changes in a language and in groups of languages come about gradually and not as a result of random’ word changes.

What’s unique about gothenburg?

Located on the west coast of Sweden, Gothenburg is Sweden’s second largest city Known primarily as a university city housing two famous universities —University of Gothenburg and Chalmers University of Technology — Gothenburg is also an important trade centre, having one of the largest ports in the Scandinavian countries. Further, the city happens to be an important cultural and sports centre among Scandinavian countries, possessing many theatres, museums, parks, and sports clubs. The annual Gothenburg Film Festival is the biggest in Scandinavia. Despite its relatively small size, Gothenburg organizes many largescale international sports championships. During March 18-23, 2008, World Figure Skating championships were held there at the Scandinavian Arena, the second largest indoor stadium of Sweden.

What is the ole robotic beetle?

These are robots that look like Volkswagen Beetle cars, only they have legs instead of wheels. They can scuttle

Dr. Ashok Kumar Sharma, M.A.(History); Certificate in Taxidermy(Madras); Certifate in Library Science (TOPPER-ML Sukhadia Uni. Udaipur,(Rajasthan) INDIA. Hobby: Cricket; Postal Stamp Collection and Collection of Quotations since 1981.


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Prolific Concepts to Host Millionaire Marketing Wealth Seminar

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Prolific Concepts to Host Millionaire Marketing Wealth Seminar










San Francisco, CA (PRWEB) August 27, 2006

Is effective marketing in your future? Then San Francisco, CA should be on your calendar. Prolific Concepts today announced the Millionaire Marketing Wealth Seminar. The event will take place at the South San Francisco, CA Conference center in South San Francisco, CA, on Tuesday, August 29th.

World renowned Peak Performance Trainer, T. Harv Eker, and a world-class team of marketing experts will share the stage as they present the Millionaire Marketing Wealth Seminar. Tickets are limited and the training is expected to sell out.

The event is the third in a series of Millionaire Marketing Wealth Seminars and continues to receive favorable reviews from past attendees. It is designed to capture the entrepreneurial spirit that gives individuals in the marketing and sales disciplines a distinction of their own. A portion of ticket proceeds will be donated to the Project LEEAP (Leadership Education Empowerment and Awareness Program). Project LEEAP is a Nonprofit, 501c3 Organization for the General Scholarship Fund for Youth Violence Prevention Programs, Computer Literacy, and Youth Leadership Programs.

“I used to dream of my future, but I wasn’t really sure what the next step was,” stated Thelma Tilman, an entrepreneur from Chicago, IL. “The last time the Millionaire Marketing Seminar came to town, I learned proven steps to overcome my personal obstacles. I actually started making my dreams happen… I thank the incredible and awesome motivational speakers for giving me that jump start I needed,” she concluded.

The event, which is expected to be sold out early, is scheduled for Tuesday, Aug. 29, 2006. Registration begins promptly at 8:00 A.M.

Participants Can Expect to Learn:


The 4 keys to practically forcing your visitors to help make your site “go viral,” and send your website all the free traffic you can handle … while you sleep.

Five things your marketing “needs” in order to be hugely successful.

How to cash in on visitors who weren’t planning on buying a thing.

The one magic question you must ask yourself before you launch a new product or website in order to create a buzz and generate sales.

New strategies for creating a buzz with blogs, from audblogs and vidblogs to podcasting and RSS (these strategies designed to save hours of research).

How to create self sustaining communities online that grow exponentially.

How to profit from the latest technologies in online audio and video content, and how to use them to create a viral BUZZ.

How to easily and effectively use the Internet’s most advanced software for generating viral traffic.

How to earn huge revenues giving away free, online digital products.

List of Featured Speakers:

T Harv Eker

Morgan Westerman

Troy White

Janet Switzer

Stephen Pierce

Tickets: $ 149.00

Date: Tuesday, August 29, 2006

Time: 9:00 AM -6:00 PM

Doors open promptly at 8:00 AM

Location:

South San Francisco Conference Center

255 South Airport Blvd.,

South San Francisco, CA USA 94080

Phone: 650.877.8787

Registration

Phone: (800) 217-4922

MEDIA CONTACT

Contact: Kevin Lynch

Phone: 510.682.4104

website: http://www.prolificconcepts.com//

This news release contains forward-looking statements and projections concerning the organizer’s plans, strategies, expectations, predictions, operations and future events or conditions. They are “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “believe,” “anticipate,” “may,” “will” “plan,” “intend,” “estimate,” “could,” and other similar expressions, are intended to identify these forward-looking statements.

SOURCE:

eMediaCampaigns!

website: http://franbriggs.com/emc.html

Reporter: Fran Briggs

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Dentist Dr Garth Pettit’s New Campaign, ‘Sensational Smiles Petition’, to Prevent Oral Disease in Children is Detailed in Book, ‘SENSATIONAL SMILES,’ to be Released on 1 May 2008

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Dentist Dr Garth Pettit’s New Campaign, ‘Sensational Smiles Petition’, to Prevent Oral Disease in Children is Detailed in Book, ‘SENSATIONAL SMILES,’ to be Released on 1 May 2008













Dr Pettit with “The MouthWise Oral Health Kit” Teaching Resource and his beloved oral healthcare educator tools of trade.


Katherine, Northern Territory, Australia (PRWEB) April 22, 2008

Author, Dentist Dr Pettit continues seven-year-long battle with authorities of Dental Professions and Education Departments to banish the 500-plus-year-old tooth cleaning instruction “Brush Your Teeth” and to replace it with his 21st Century oral hygiene instruction “Treat Your Whole Mouth”. He has announced the “Sensational Smiles Petition” in his new book, “SENSATIONAL SMILES.”

Dr Pettit believes readers of “SENSATIONAL SMILES” who adopt his ‘Treat Your Whole Mouth’ advice will be supportive of his ‘Sensational Smiles Petition’ which reads: “Oral Health Education Based on ‘Treat Your Whole Mouth’, Not Based on ‘Brush Your Teeth’, Should be Mandatory for All Children”. Petitioners are requested to visit the MouthWiseLife.com site, to click the link Sensational Smiles Petition, then to complete a simple petition form.

The “Sensational Smiles Petition” will increase awareness of the oral health education resources for children he self-published in 2002; the “MouthWise Oral Health Kit”, 10 books and a C.D., and The MouthWise-Oral-HealthCare-School-on-the-Web at the OralHealthHelpSite.com site. With these resources, teachers need no special training to provide oral health education programs based on ‘Treat Your Whole Mouth’.

In September 2007 Dr Pettit signed a book publishing contract with New York book publisher David Hancock, co-founder of Morgan James Publishing. Their first book, titled “SENSATIONAL SMILES”, subtitled, SIMPLE ADVICE 4 YOUR SMILE 2 SHINE FROM TEENAGE TO OLD AGE, ISBN: 978-1-60037-282-7, was scheduled for release on May 1, 2008.

“SENSATIONAL SMILES” offers the same simple advice as did his “MouthWise Oral Health Kit” self-published in 2002 for children; The oral hygiene instruction “Treat Your Whole Mouth” is a much better oral hygiene instruction than “Brush Your Teeth”. “SENSATIONAL SMILES” will be distributed by worldwide distributors, Ingram Publisher Services, initially to book stores in USA, Canada, UK and Europe.

Pre-release discounted sales of “SENSATIONAL SMILES” are now available from many online stores including the MorganJamesPublishing.com site, the BarnesandNoble.com site and from Amazon stores USA, Canada, UK, France, Germany, China and Japan.

Dr Pettit believes his contract with New York Book Publisher Morgan James Publishing, the release of their first title “SENSATIONAL SMILES” and the “Sensational Smiles Petition” campaign augurs well for a mutually agreeable outcome with authorities of Dental Professions and Education Departments. Dr Pettit passionately believes all children will benefit from a mandatory oral health education based on the oral hygiene instruction “Treat Your Whole Mouth”. He believes this education will self-motivate children to prevent common oral diseases for the rest of their lives. Common oral diseases such as tooth decay, gum diseases, bad breath and stained teeth will be prevented with far greater certainty. Children, educated to understand why “Treat Your Whole Mouth” is a much better instruction than “Brush Your Teeth”, will enjoy oral health throughout their entire lives.

Dr Pettit’s previous campaigns, listed below, created worldwide interest:


Dr Pettit’s PRWeb press release, November 8, 2004, titled “New Oral Hygiene Instruction Set To Prevent Oral Disease In Children”: prweb.com/releases/2004/11/prweb176228.htm
Dr Pettit’s PRWeb press release, November 9, 2004, titled “New Oral Hygiene Instruction “Treat Your Mouth” Predicted To Prevent Oral Disease In Children. “Brush Your Teeth” Contributes to Oral Disease and Should be Banished.”: prweb.com/releases/2004/11/prweb176585.htm
Dr Pettit’s PRWeb press release, June 10, 2005, titled “Dentist Announces New Oral Health Campaign, “The MouthWiseLife Campaign to Prevent Oral Diseases in Children”, Targeting Mothers of Young Children”: prweb.com/releases/2005/6/prweb249613.htm
Dr Pettit’s PRWeb press release, May 26, 2007, titled “Dentist, Dr Garth Pettit Campaigns Again to Not Advise Children ‘Brush Your Teeth;’ Dr. Pettit Seeks Campaign Publicity Through The Next Internet Millionaire Contest”: prweb.com/releases/2007/5/prweb529014.htm

For review copies of “SENSATIONAL SMILES” contact:

Margo Toulouse

Author Relations Manager

USA: 516-620-2528

margo@morganjamespublishing.com

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http://www.MouthWiseLife.com

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Economic and Financial Crisis

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Karachi dated 09-09-2009

 

 

ECONOMIC / FINANCIAL CRISIS

 

Introduction: The financial crisis which started from July, 2007 can be attributed to indifferent and inefficient credit policy as well as under-regulated and over-regulated economies of the world above all economic injustices and economic disobediences.  On cause of the crisis can also be endorsed to misbalanced interest rate which caused increasing the extra-ordinary expenditure beyond the optimal level and flooded the money supply to the market causing inflationary tendency to the economy.  It may be kept in mind that if outflows continue and inflow is stopped the giant stock is also ceased to exist causing occurrence of crisis which tells us to keep balance between inflows and outflows.  The foundation of the world economy is interest based which does not bring true happiness to grass-root level and neither helpful to alleviate poverty as it is against the nature and exploits the poor rather relief them therefore ‘interest based economy’ should be converted into “service-based economy” i.e. instead interest “service charges” should occupy the economy as “service” has blessing of Allah. The activity viz “Service” should remain “Service” not become “self-service” which would hurt the economy.  It is pertinent to mention here that the economies of those countries which are holding to the properties of nature such as Japan, China and other oil producers are in surplus.  Moreover, the interest based economy is helpful in increasing the volume of billionaire and degree of poverties whereas the world economy should be helpful in increasing the volume of thousanaire (terminology used for the people counted average and above average income groups).  Economy flourishes if middle and poor class segments of the society flourish.  If opposite is occurred and only upper class flourishes no one can prevent the revolution which might be bloody as economic inequity creates turmoil and catastrophe.  It is spiritual truth that unless we increase the volume of middle-class by reducing the level of billionaire and millionaire as well as the poor class we cannot alleviate the poverty from the world. 

 

            It has been reported that due to low interest rate the estate industry of USA witnessed growth amid 2001 to 2005 and during this period a large number of Americans achieved loans and invested real estate business owing to this the estate demand increased manifold.  But it did not keep the figure intact and stable as when interest rate increased by the Federation from 1% to 5.25% the US Banking Sector had also increased the interest rates caused to liquidity problems by the borrowers of mortgaged loans.  Due to high interest rate the US Capital Market collapsed.  The major part of loans by the US banking sector consisted sub-prime loans granted without considering the paying capacity of the borrowers.  Data on mortgage loans show that about 21 per cent of all mortgage loans extended during 2004 to 2006 considered under “Sub-prime Classification”.  The figure of mortgaged loans rose to 0 billion in 2006 which indicated one-fifth of the home loans in USA. 

 

            As we know that sub-prime loans are those loans which are granted to the borrowers without considering their credit history and credit worthiness whether they are in a position to pay off their outstanding liability efficiently or not causing piled up inactive loans go on bad debts.  Such imprudent economic decisions lead to bankruptcy and unemployment to a great extent.

When we analyse the world economies the following irregularities and discrepancies have come into picture:-

i)Non-commercial & non Productive decision by economic managers and Govt.

Causing loss of productivity and unemployment

ii)Interest rate below the prudential & optimal level

 Causing bankruptcy of Banking Sector and other business entity (s)

iii)Flood of sub-prime Credits

 Causing bankruptcy of banking sector  

iv)Inactive Loans – non productive loans

Causing production loss

v)Beyond the optimal level of consumer financing

 Causing piled up unproductive loans

vii)Lack of small and medium enterprise loans

 Causing low production and unemployment

viii)Long-lasting low saving in parallel to income

 Causing lack of capital formation

ix)Long-lasting over consumption beyond income

 Causing extra-ordinary increase in prices – Inflation

x)Low investment

Caused lack of financial and economic activities

xi)Risk oversight

Causing loss to economy

xii)Energy generation on the grave of agricultural products

 Caused great shortage of food products leading starvation and sky-touching prices

xiii)No core attention has been given to Integrated Agricultural Sector which is vital for the economy and poverty reduction

Caused up-gradation of poverty

xiv)Non-adoption of middle & moderate ways to tackle the war-on-terror

 Causing spread of terrorist activities all over the world  leading in squeezing the economy of the world

Indifferent and inefficient fiscal policy, un-productive and non-performance loans and sub-prime mortgage as well as low savings and over consumption have hit badly the US lenders and US economy resultantly its effects have affected the international economy.  The number of mortgage defaults increased due to reduction in paying capacity on account of interest hike.  Resultantly a large number of sub-prime mortgage lenders in USA say New Century Financial Corporation Countrywide Financial Corp. and Ameri-quest Mortgage, HSBS Holdings plc faced foremost troubles in their mortgage loan folders.  It is pertinent to mention that due to increased defaults New Century Financial Corporation had to file for bankruptcy caused to lead collapse in the shares values of a large number of companies in sub-prime mortgage industry say Countrywide Financial and Washington Mutual.  In addition liquidity shortages in the market have also affected the investment plans of US companies which have one-third share of the US GDP as a whole.

IMPACT OF SUB-PRIME LOANS

It was reported on June, 2007 that the Merrill Lynch seized 0 million assets of hedge funds Bear Stearrns in USA.  The funds were associated with the business of securities attached by sub-prime credit.
The Citibank faced loss about 0 million in 2007 caused lay-off its employees to a great extent globally.
In 2007 American Home Mortgage Investment Corporation reported to bankruptcy after sacking its employees.
The Mortgage Guaranty Insurance Corporation in USA declared purchase discontinuation of Radian Group after facing billion loss.
It was reported that BNP Paribas freezing the assets of three funds attached to the US mortgage securities.
Due to US banking sector crisis the European Central Bank filled 94.8 billion Euros into European Financial System by way of increase the paying off capacity in the system.
It was also reported that Accredited Home Lenders in USA faced million loss.

Impact on Asian Economies

Due to crisis of USA banking sector the Asian Stock Markets reduced to great extent in 2007 and faced losses.  Japan’s Nikkei reduced by 5.42% the biggest point of loss since 2000 while Hong Kong’s HanSeng lowered by 1.38%.
The Japanese export wallet reduced to great extent.
The India economy faced very lower impact as it was not so much attached to us economy portfolio.  The Asian Commercial Banks also did not face loss due to lower exposure to us banking sector.
Due to lower exposure to American banking sector the Chinese economy was also not affected.  Moreover the Chinese strong economy can provide life-line to US economy as it has great liquidity strength due to a growth rate averaging nearly 10% per year and surplus in current account level.  Pakistan economy is also not much affected by US banking sector crisis but Pakistani exports faced a large number of problems due to sub-prime crisis of US economy which reduced the import capacity of US to great extent. 
The US Sub-prime crisis has also affected the Karachi Stock Exchange of Pakistan (KSE).  The selling aspiration of KES witnessed a downfall due to sub-prime mortgage crisis in USA.  The local share marked showed a negative way in international share market also the foreign investors drew their investments from KSE.
The Pakistan Government was also affected by US Sub-prime Mortgage Crisis by way of privatization of Public Sector Enterprises / banks sovereign bonds etc.
Due to sub-prime crisis of US Mortgage Loans the portfolio of Foreign Direct Investment was reduced caused to slow down the economic progress of the Asian Economies particularly Pakistan. 
Due to USA economy crisis the export income of Asian Economies witnessed a great loss as their exports depend more on US Economy which is the biggest economy of the World.

DIFFERENT ECONOMY MODELS & ANALYSIS :

From the beginning of the world changes are being taken place and till the end it will continue and one who does not hold changes lags behind.  Changes are blessings as stagnant spoils the way of life if there is no change there is no development and innovation.  Changes are also taken place in the economic world – once there was Laisseze-Fair economy presented by classical economists such as Adam Smith and his followers.  They believed in full employment and also had concept that whatever produced sold out.  In this parameter the economy was free from all rules and regulations by the Government or State.  It was known as free-reign economy as economic managers were totally free to make economic decisions.  While making economic decisions generally they gave priority to themselves and not cared the interest of the masses. The wealth was accumulated in a few hands – market was squeezed consequently the products and services prevailing in the market were not being disposed of and when products and services were not sold out the industries began to shut down caused great unemployment.   Resultantly the concept of free economy was collapsed during 1930’s Great Depression and owing to this collapse millions of people became jobless especially in European countries.  With the analysis of the depression it has come to our knowledge that vast distribution of wealth is vital for the selling of products and services (for true market activities) and when products and services sell out continuously the owners of factories and industries and other stakeholders also flourish.  If we want to avoid crisis we shall have to distribute the wealth and resources up to the bottom line of the society on equity basis. Later on the free economy was converted into regulated economy (Keynesian Economy Theory) in the major parts of the world.  Keynes rejected the theory of classical economists and presented his own economic model.  According to him economy attains equilibrium position when AD=AS.  He also opined that sometimes economy may be in inflationary position or sometimes in deflationary and to keep balance in the economy he projected Government intervention.  Forced economy or slavery economy (robustly and cruelly regulated) was also running in parallel with the regulated economy in communist states of the world which was also against the nature and soon collapsed.  After Keynes one school of thought also came into the picture who stressed upon money.  They are of the view that money plays an important role in economic and social activities and shortage of money may harm the economy.  They are called “Monetarist” and modern friends of classical economists as they believe in Free Enterprise Economy and do not like Govt. or bureaucracy intervention.

Analysis: When we analyze the concept of different economic models the fact has come out that overall “Keynesian” concept of economy is better against all other economic models as it gives better solutions of economic problems and stresses upon consumption and investment + soft Govt. intervention which are vital for economic growth.  Classical Economists and Monetarists stress upon “money” (paper money) which has no intrinsic and natural value and without backing no one will accept it.  They have negated the basic economic variables and their impacts such as income, consumption/expenditure and saving/investment concept in the economy.  According to them double the supply of money double would be the price of commodity.  On the other hand Keynesian Economic Model stresses upon income, consumption / expenditure and savings / investments which certainly play an important role in the economy development as without appropriate consumption and investment economy activities cannot flourish.  Further, it is necessary to mention that only those economy systems can flourish which are in accordance to human nature and would be on equity basis as Allah Almighty cares His creature and the economy which cares all His creatures must grow and flourish.  .

MARKET STUDY

Market is a place where activities to exchange of values are taken place between the prospective sellers and buyers openly. Markets are flourished when they are provided quality & superior products and services as well as customers oriented approach and honest sellers because we cannot get loyalty of customers until and unless we satisfy them with our products, services and behavior based on honesty.  It is pertinent to mention that listening to customers, rewards to customers, discounts to customers and communication to customers are arts of selling and art of marketing is to immediately fulfill the needs of customers and other market requirements such as marketing information, product development, distribution, transportation, storage, promotion, selling, evaluation of customers’ satisfaction etc.  One function of marketing is also to discover new customers, their needs, wants, demands and wishes and offer them solutions.  Valued customers must be remembered through phone calls whether they are making business or not.  Courtesy must be shown to all diversified customers to have their loyalty. 

Business Cycle: The market has faced following four stages during its activities. 

Depression:  It is the gloomy stage of the market under this stage the market activities are falling down – production becomes low – unemployment increases due to low aggregate demand.  In depression stage investment is not taken place causing low production and services.

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Recovery Stage:  In recovery stage economy activities become gradually fast – production and prices gradually get their position.  New firms gradually enter into the market and business activities gradually enhance. 

Boom Stage:  Due to increased business activities the market reaches at boom stage and in this stage the market takes perfect competition as a large number of firms enter into the market due to easy and relaxed loans policy by the financial institutions.  In boom age the consumption, price level, income and salaries of all stakeholder also profits of the factory owners have touched the peak.

Recession: The immediate result of boom stage is recession causing slow in business activities which affects all sectors of the economy.

Writer View:  I suppose that the main cause of business cycle is “misbalance in economic activities” plus “Trial and Teaching” put by nature to give new and innovated sense of knowledge. 

IMPORTANCE OF REGULATION: Human beings are elite creature of Allah and if they are not regulated they may become devil and create trouble on the earth.  Moreover, if man is not regulated there is no distinction between animal and man’s life.  For guidance of man and streamline his activities Allah Almighty sent thousands Messengers on the earth so that man could get his end-goal.   Regulation can also be applied on economy because if economy is not truly regulated the equity in economy is not established and the earth may become full of turmoil and bloody so soft and flexible regulations (based on justice) are essential for sustainable & equitable economy growth.

 

Credit Crunch / Economy Crisis:      I integrate the causes of credit crunch / economic crisis into one component i.e. “imbalanced financial decisions“.   It must be kept in mind that  managed activity creates productivity which has a weight in economy but such loans which do not generate productivity called unproductive loans which in the long run may become disaster for the economy of the world as they piled up to non-performance loans.  I suggest the following fiscal, monetary, banking, corporate and public/society steps for the treatment of economic crisis and welfare of the masses:-

Fiscal Steps:

i)                    Gold Exchange Standard:  At present the market forces (Demand and Supply) determine the rate of exchange between currencies  which must be abolished at once for the benefit of international economy and valuation of world’s nations currencies for international trade  may again be linked to “Gold” (Gold Exchange Standard abolished in 1971) so that international economy could flourish by way of international currency solidarity which would cause in enhancing of Gross International Products (GIP) and creating more and more employment internationally.  With the linkage of the world’s nations currencies with gold the international trade would not hurt by great fluctuations of exchange rate.  The economy would run smoothly – poverty would decrease – balance of payment would not hurt and above all foreign exchange reserves would not be eroded.  It is established fact that market forces have volatile characteristics – they sometimes ruin the paying capacity (liquidity position) of the economy leading to bankruptcy.   On the other hand gold has strong properties by way of intrinsic quality and value and gives supremacy to currency and economy and keeps balance in international trade. 

ii)                   Harmonized Policies:  Fiscal and monetary policy must be harmonized and interfaced so that fruitful activities of fiscal policy could not be set aside by monetary policy. For example if fiscal policy is contractionary monetary policy should also be contractionary and vice versa.

iii)                 Prevention of Urbanization:  Trend of urbanization may be brought to an end by establishing agro-based industries, agricultural based infrastructure, ware houses, water reservoirs, agricultural towns and agricultural courts at cultivated areas / regime.  Besides, agricultural lands may not be allowed to use other than agricultural or productive purposes.  Agro-based estates and agro-based dams should be established in all over the world as creature can lead life without industrial products but cannot live alive without agricultural output and live-stocks which are indispensable for the growth of body and soul.  It is worth mentioning that without boosting up agricultural commodities we cannot reduce poverty from the world – we shall have to give priority to agricultural sector if we want to remove starvation and unemployment from the world. With the network of dams all over the countries / world the power and water crisis would be reduced to great extent.  To overcome the energy crisis we shall have to resort to alternative source of energy production such as air, coal etc.

iv)                 Empowerment of Institutions:  For the sake of economic, social and logistic development and tranquility institutions must be made powerful instead of person, personality or group as strong institutions enhance productivity, GDP and keep peace and justice in the territory on the other hand empowerment of person, personality or group creates anarchy and lawlessness as the powerful persons become offenders and challenge the writ of the Government / State.  Institutions in all over the world must be made powerful on war footing basis for the welfare of world’s peace. 

v)                  Reduction in Population Growth Rate:  True economy development and reduction in poverty cannot be attained if the growth rate of population is increased continuously on geometric ratio as it erodes the fruits of development.  In this context people may be motivated by using all electronic and print media plus incentives by the Govt. to have minimum offspring i.e. two or three.

vi)                 Increase Tax Network - Tax Reforms:  Taxes should be imposed under progressive approach – one which earns more give more taxes and vice versa.  Tax portfolios should be increased and all those activities which are free from tax and causing loss to the Govt. exchequer should be brought under tax regime like agricultural tax, estate tax etc. especially in the perspective of Pakistan.  The volumes of direct taxes should be increased whereas the volume of indirect taxes should be reduced to facilitate the poor.  Besides all economic transactions such as purchase and sale of estates, luxury cars, factories etc. must be documented and stamped for boosting up the sate revenues.  It is established fact that if we want to increase the tax network we shall have to increase the economic activities and all economic activities would have to bring under documentation to increase the tax network.  Documented economy is vital for the progress of the world therefore states should document the economy on war footing basis. 

vii)               Network of Small and Medium Industries:  For overcoming the unemployment the network of SMI should be spread all over the world especially in rural and far-flung areas of respective countries to save the urbanization.  Banks may be pressurized to give priority in granting Small and Medium Loans. The increased network of SMI will also boost up the GDP of respective countries. 

viii)              Generalization of Education:  Good governance and economic growth cannot be attained and established without education, skill and knowledge especially boosting up education in agriculture and science sector.  We shall have to give our core attention to agriculture sector to feed the masses of the world as without enhancing agricultural products we cannot alleviate the poverty.  In spreading education no anomaly and distinction should be observed – the education system should be broad-based and generalized so that the children of the poor could get education in line of elite people’s children.  Also the students of religious institutions should also be given the same education along with their religious learning.

ix)                 Corruption v/s Accountability:  To have control over corruption the concept of true accountability (as expected by masses) may be imposed from top to bottom as corruption creates inequality in distribution of wealth causing unrestness and anarchy in the society.  It is fact that corruption cannot totally be eliminated until the doomsday is established however we may reduce the volume of corruption by way of legal and robust actions by God fearing authorities.  Keeping in view totally discouraging the corruption the governments are advised to impose 50% or 60% forced tax upon all ill-gotten earnings and properties and amount collected by this process must be utilized for the alleviation of poverty as well as welfare of the masses.  The information about illegal earnings and properties can easily be achieved by hidden investigation and standard of living of the individuals whether their standard of living is in accordance with  their earnings or not.  If robust discouragement against corruption is made and justice (at all level) is established in all over the world I assure you that peace and tranquility must be recognized in the world InshAllah. 

x)                  Reduction the volume of Transfer Payment:  It has come to picture that in western countries where unemployment allowances are granted by the State creating laziness or idleness for the human resources.  The lazy human resources give up work and go on or give priority to have unemployment allowance instead to have work.  States are advised to keep strict vigilance while granting transfer payments and keep them on optimal level. They also should keep an eye while granting stipend and scholarships so that undeserving persons could not be benefited with these human welfare schemes.  The Govt. at the first instance should reduce its transfer payment portfolio until or unless economy is attained to its normal progressive track. 

xi)                 Reduction in Govt. Borrowings:  In all over the world the Governments or States are expending beyond their resources causing inflation and dearness. Inflation is occurred when money supply increases but productions and services are not increased parallel to money supply.  The Govt should keep it mind that if money supply to an economy is increased by 100 unit, goods and services must be increased by 100 units keeping the economy in balance or in equilibrium level but contrary we see that Govt has become overleveraged due to undue and unproductive expenditure causing vulnerability.  The volume of Govt. borrowings should be reduced so that economy could run smoothly.   

xii)               Incentive to foreign investor:  For boosting up the economy foreign investors must be welcomed by way of potential incentives and their safety measures.  They may be provided industrial infrastructure, free electricity, potential labor also creating tax free zone for industrial and commercial purposes is vital requirement of the day.

xiii)              Capital Formation:  Economic development is dependent upon money and capital markets and if money and capital markets are in deteriorated position economy would also be in declined position.  For the real development Govt. expenditure, consumption and savings must be floated at optimal level so that capital and money markets could smoothly run. 

xiv)             Balanced watch-dog strategy:  The business activities should be neither free reign nor over-regulated but they should be guarded from the marginal position to keep the business activities free from interference of Govt. officials.  A strict vigilance should be kept on Govt. official so that they could not put undue influence on commercial activities. 

xv)               Prevention of Cartel System:  It is a form of exploitation of the consumers by a group or multiple groups of giant industries with a tendency to have maximum profits by fixing exorbitant price of their products.  Through fiscal policy state must take remedial steps for the optimum and healthy competition of the market so that win-to-win situation in the market could prevail i.e. manufacturers and consumers both are benefited.

xvi)             Removing favoritism, nepotism and politism:  All chief executives of banking industries and development financial institutions or other key posts should be made purely on merit basis as merit kills all kind of demerits.  Financial decisions should be free from nepotism, politism and vested interest.

xvii)            Removing widened gap in emoluments:  There is sky touching gap in emolument between upper class workers (top executives) and lower class workers say top class executives are receiving ,000/- p.m. on the other hand lower class workers are getting only 0/- p.m.   It is too much gap especially witnessing in third world countries (progressive countries) which is creating anarchy, rebellion and hatred among the lower class workers leading low productivity.  If true governance is imposed upon all over the world this widened gap in wages will be brought at optimal level otherwise nature will have to do its business.  It should be kept in mind that for heightening productivity workers satisfaction is vital. 

xviii)          Removing injustices:  It is Heavenly truth that justice brings happiness and prosperity whereas injustice brings catastrophe, anarchy and turmoil in the society / world.  It is also the saying of Great Britain Leader “CharChal” that if justice is prevailed in a country no power can defeat the country.  If the world powers want peace and tranquility they should let the justice be spread in the world robustly.  Moreover, to boost the economy governance in corporate regime, dynamic economy decisions based on equity according to existing time and environment must be made to have sustainable economic development.   

xix)             Prevention hiding banking:  To give blood to the banking industries the hidden or parallel banking system must be removed at grass root level by establishing / implementation of strict laws as they are giving loss to legalized banking. A large volume of currencies are being transferred by using non banking channels causing great loss to the Government exchequer as well as loss to the banking sector.  Practical steps by way of motivation and litigation may be initiated to exterminate the Hundi System (illegal money transfer) also strategy should be adopted to bring them into banking channel.

xx)               Middle Class Volume:  To keep tranquility and peace in the world on sustainable basis the volume of middle class should be increased by reducing the volume of apex and lower class as it is fact that true economy growth in the world cannot be achieved unless the volume of middle class is increased.  Middle class is the blessing on the world and if it is removed the world will be eradicated instantly. 

Monetary Steps:

i)                    Issuance of new Currency Notes:  In issuance of new currency notes the central bank should keep it in view that money supply is not increased over its demand.  It should also keep it in view that aggregate supply of money is in accordance with the productions and services prevailing in the markets so that inflation could be confined.  Further issuance of new currency notes may invariably be backed with gold and other precious metals to keep the currency in strong position and at international standard.

ii)                   Reduction in Reserve Ratio:  In all over the world the banking sector is facing shortage of credit i.e. credit crunch causing stagnation of financial activities.  For the purpose of monetary injection Reserve Ratio and reserve requirement should be reduced to some extent. 

iii)                 Merger and Amalgamation:  Due to the financial crisis many banks of the world are not in a position to feed blood in their banking activities resultantly they are facing core hardships to exist themselves.  To save them from collapse the process of amalgamation and acquisition may be initiated on war footing basis by the central banks with the collaboration of sound banking channels. 

iv)                 Micro Finance:  For the flourishing of cottage industries and fish farming micro finance may be granted to the prospective initiators and may have put vigilant eyes over their economic activities. 

v)                  Boosting up Industrial and Small Scale Loans:  Loans must produce activity and productivity so that economy could run smoothly and robustly.  Through monetary steps Central Bank may boost agricultural and industrial loans so that agricultural and industrial web is established in all over the world to reduce unemployment and to increase GDP of the respective countries.

vi)                 Prevention House Building and Personal Loans:  All commercial banks are forced not to grant HB and Personal Loans to their customers and stake holders.  Only permanent employees of banks would be entitled to have Personal and House Building Loans under respective policy of the Bank.  Housing Finance and Personal Loans should be granted by specialized banks such as House Building Finance Corporation and alike.

vii)               Agro-based training institutions – Agro-based loans:  It is the responsibility of a central bank to establish agro-based training institutions for imparting training to agricultural-oriented people regarding state-of-the art strategies for boosting up agricultural products.  Central bank must take robust initiative that major parts of agricultural loans may be granted in shape of agricultural gears under lease system to avoid corruption.  It will also boost up agricultural products.

Banking Steps:

Customer Oriented Approach:  Customers are back-bone of all business entity and without customers no business entity can run their business affairs – customers are the livelihood and losing the customers is synonymous to losing the work leading bankruptcy or insolvency.  Customers must be satisfied by providing them quality products and services so that long lasting relationship could be maintained.

Launching child banking:  Major part of the world population is consisted of children that must be motivated to saving by launching child banking with the help of their educational institutions and guardian.  By adopting this practice million amounts will be pooled up to banking sector which could be utilized in productive ways.

Enhancement of Profit:  The banking industries are not granting due shares to their account holders causing dissatisfaction for the banking customers.  To boost up the deposit volume and to attract the new customers profit ratio on their deposits must be raised to appropriate level.

Hard Loans: Strict and rigid terms and conditions should be imposed on processing the case of personal and unproductive loans so that their volume should be reduced.

Risky Loans:  Strategies must be adopted by the banking sector to recover the outstanding risky loans.

Launching Dynamics Products:  To have fund from the public the banking sector should launch dynamics products in the market on which profit is dynamic and increase on with the passage of time.   

Corporate Steps:  Corporate i.e. private sector plays an important role in economic development by way of their huge shares in the economy.  They also play an important role in capital formation by direct and indirect investment.  The corporate sector must be forced to take the following initiatives for welfare of the masses.

Corporate Civic Responsibility:  All Corporate Sectors must allocate some determined percentage of their corporate income for the welfare of masses such as building of schools, colleges, hospitals, play-grounds etc.

Employees children education:  All Corporate Sectors must bear the education expenditure of at least two offspring of each employee working in their sector upto Matric (Secondary) Level. 

Medical Coverage:  All Corporate Sectors must be forced to extend comprehensive medical facilities to their employees under Medical Insurance Systems through the contribution of employees plus employers. 

 

Corporate Tax:   AllCorporate Sectors must be forced to deposit all statutory and corporate taxes imposed under the rules of the Land to Govt. exchequer and not involve in tax evasion. 

Public / Society Steps: Men attitudes towards others cannot attribute to up to the mark.  They do not follow the under-noted instructions of the Holy Prophet in their business affairs and domestic dealings:-

            “Whatever you like for yourself like the same for others”

            If we follow the above instructions (piece of golden advice) with letter and spirit I assure you that a large number of evils prevailing in the world would be eliminated.  I want to share a core example of hypocrite attitude of a common man.  When a person is employed in any organization he wants to have maximum benefits from his employer such as bonuses, off-days allowances, House Building Loans, leave encashment, comprehensive medical facilities, foreign tour etc.  On the other hand when he extends employment to some-one for domestic purposes he wants to give him minimum wages (below the market rate) and no off-days allowances and other legitimate benefits.  In this way he exploits the domestic workers which must be avoided otherwise it can become harmful for the exploiting person or persons as exploitation produces revenge and disgusting.  People are advised to follow the instructions of the Holy Prophet and get blessing of Allah otherwise ready to face consequences. 

Thrift:   People are advised to keep balance between expenditure and income to avoid bankruptcy as over expenditure beyond income leads to man to spread his hand before some-one.

 

Saving:  People are advised to adopt the habit of saving so that they could not hurt badly by unforeseen happenings.

Avoidance of showing off:  One harmful element of the society can be attributed to the tendency of showing-off which is leading to collapse the middle and lower middle class.  We should not do replicathe elite people practice and should adhere to our own capacity. 

Why does crisis occur?

Allah wants to disseminate knowledge in different ways and one method of dissemination knowledge is emergent of crisis in different sectors which creates an activity by way of contemplation to get the causes of crisis and initiate steps to remove it.  Imagine if crisis had not occurred no activity in this sense would have been initiated and we were deprived of one segment of knowledge.   It is established fact that due to bounded rationality we cannot prevent the crisis totally but through forehand remedial steps we can reduce its impact on the economy as we know that the world is a trial centre and moments of trials come in the age of human beings.  We must face them and should make strategy to overcome the crisis by way of before-hand steps so that we could not affect severely with the strike of crisis.  Time brings changes so we should pre-determine the changes to be occurred in the near future.  The observance of pre-determined changes is known as Risk Management Strategy which involves the following activities that must be carried out to address the unexpected and unforeseen risks.    Further as we know that risk and business go together but risk is not certain and due to uncertainty of risk insurance activities to cover the risk are robustly existed in the market.

Pooled-up fund:

            A pooled up fund creating Disaster Recovery Capital must be established to mitigate the risk.

Back up Economy

            We should make in order all major back up of the economy variables such as reserves of different economy categories so in the days of crisis these back-ups could run the economy smoothly. 

Economy Continuity Plan

            Economy Continuity Plan must be initiated by devising a strategy and considering the economic variables especially savings, consumption, investment and national income.

Liquidity Continuity Plan

            During booms age all business enterprise especially banking sector must initiate Liquidity Continuity Plan and allocate reasonable fund for the purpose.

IT / Business Continuity Plan:

            Tape Back-up and Disaster Recovery Site must be prepared & established so that all business activities could continue on the occasion of disaster.

Water Reservoirs

In the coming age the war can be broken out on the issue of water.   To save the mankind from the disaster of war it the responsibility of world powers and United Nations to get prepared water reservoirs on top priority basis in all over the world as water cannot be generated.

Back-up Stock of Food

            We should keep giant stock of eatable items enabling us to feed the mankind in barren and unproductive times. 

Conclusion /Abstract and Keywords:  In the end I conclude with the remarks that all kinds of exploitation / injustices must be removed in all economic and social regime – interest based economy must be converted into service based economy –  Gold Exchange Standard must be revived immediately – Steps may be taken to flourish poor and middle level class by reducing the volume of millionaire and billionaire – strategy must be adopted to distribute wealth upto bottom lines to attain sustainable and equitable economic growth – educate the masses on equal basis especially in human ethics, science and agricultural spheres  – ready to face “trials” and try to understand the teachings make by Allah in different ways – not cross the life-line in respect of consumption and expenditure – un-productive loans must be curtailed – productive loans must be enhanced – appropriate savings must be adopted – war on terror must be tackled by moderate ways based on justice to win the hearts of people not body – above all we should adopt the habit of thankfulness to Allah over His countless blessings and be patient over troubles. 

**********************************

 

 

From:   Syed Manazir-ul-Haq,

            R-71, Block-3,

            Gulistan-e-Jauhar,

            Karachi

            Pakistan          

            e-mail manazarulhaq@sbp.org.pk

 

Profile: Author is working in a Central Bank of Pakistan (State Bank of Pakistan) in the capacity of Officer Grade-2.  He is M.A. (Economics) from Karachi University + DAIBP (P-1) (Banking Diploma) from Institute of Bankers in Pakistan.  He has crossed 48 years of his life. He bears no remarkable disease by blessing of Allah Almighty. 

 

Ref:  i) Policy Note – US Subprime Mortgage Crisis and its Implications for World Economy by Nadia Nasir, SBP – September, 2007

        ii) Macro Economics – by Shahid Hamid

        iii) Financial crisis of 2007-2009 – Wikipedia – the free encyclopedia (internet)

 

           

 

The author is serving in State Bank of Pakistan, Karachi as Assistant Director. He is M.A. (Economics) from Karachi University plus Banking Diploma (DAIPB-P-1) from Institute of Bankers in Pakistan. His age is 49 years. He is very fond of reading, writing and making discussion on different topics.


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China Tel Group Inc. – management profiles

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In China Tel’s 10k filed with the SEC on 04-15-2010, it states,

 

Our success will depend largely on the expertise and reputation of George Alvarez, our Chairman of the Board and Chief Executive Officer, and the other members of our senior management team, including Tay Yong Lee, our President, and Mario Alvarez, our Chief Operations Officer, none of whom are party to an employment agreement.”

 

            Since China Tel Group Inc. has put the “expertise and reputation” of George Alvarez and Mario Alvarez at issue, below is a analysis and background the Alvarez brothers and of the individuals associated with them, essentially an evaluation of the people who are responsible for and  controlling/using China Tel investors money.  As referenced in China Tel’s SEC filings, China Tel operates or contracts with a variety of entities under the “Trussnet” name, which at the time of the formation of all the Trussnets and China Tel, all had the same physical address, employees, etc.

 

             Let us take a look into the expertise and reputation” of George Alvarez, Mario Alvarez and several of the associates that they have surrounded themselves with along with their success in business ventures, all over the last 15 years. Where ever possible, this researcher has provided websites where the information provided can be accessed and verified.  Where ever an opinion is stated by this researcher, this researcher has stated as such.

 

Background:

 

            George Alvarez and Mario Alvarez have been intimately connected to the following individuals/companies through the formation of a multitude of entities (wherein the parties referenced below are all owners, directors and/or officers, along with multiple transactions in connection with these individuals/companies).

 

California Cove Communities Inc. (out of business)

Foton Motors Inc. (unable find any record of active business; Delaware indicates out of business)

Mobile Truss Inc. (out of business)

Capital Truss Inc. (out of business)

Trussnet USA Development Co. (out of business)

Trussnet USA Inc. (a Delaware corp.) (out of business)

Westmoore Securities (currently under SEC litigation for Ponzi scheme)

MKA Capital Group Advisors

MKA Real Estate Opportunity Fund LLC

Greenleaf Home Loans (out of business)

Matthew Jennings (currently under SEC litigation for Ponzi scheme)

Jason Sugarman

Luis Trujillo (currently under Chapter 7 bankruptcy)

Chris Young

Ken Waggoner

 

            The above referenced individuals/entities will help clarify the many lawsuits against these same individuals/entities as referenced below. 

 

            Below are records of lawsuits, businesses and, where possible, backgrounds on the businesses and associates of George Alvarez and Mario Alvarez. Be advised that most of these lawsuits were resolved via settled with undisclosed settlement agreements.  Further, the complaints contain allegations, not findings of fact.

 

Riverside County Superior Court

Lawsuit filed November 15, 1995-Case no 273669

Cynthia Kendall v. Luis Trujillo, et. al.

(Background-Alvarez and Trujillo are named in several lawsuits together and sat on the board of California Cove Communities Inc. together. At one point, Luis Trujillo was listed on Trussgroup  Ltd.aka Trussnet’s website as it’s CEO)

 

Complaint filed by Cynthia Kendall alleges, among other causes of action, Retaliatory Discharge, against Luis Trujillo for her refusal to participate in and complaining of  “an unethical practice of Trujillo accepting what plaintiff believed amounted to bribes in return for awarding subcontracts”.  Allegations contained therein also accuse Luis Trujillo of accepting bribes on public work contracts.

 This case can be viewed at Riverside County Superior Court website

Los Angeles Superior Court

Lawsuit filed June 12, 2002- Case no. BC 274660

Mar Vista Homes v. Luis Trujillo, George Alvarez and California Cove Communities Inc.

 

Complaint filed against Luis Trujillo, George Alvarez and California Cove Communities Inc. alleging, among other things, Breach Of Fiduciary Duty, Misappropriation of Corporate Opportunity, Conspiracy, Fraud, etc.  Complaint alleges repeated instances of embezzlement and the acceptance of kickbacks by Luis Trujillo.  Complaint further alleges Fraud and Conspiracy to cover up aforesaid conduct by George Alvarez and Luis Trujillo, both of whom were owners and directors of California Cove Communities Inc.  Complaint also alleges misuse of Mar Vista corporate credit cards by Trujillo to provide helicopters rides, limousine rides, thousands of dollars in alcohol purchases and thousands of dollars of other goods and trinkets for Trujillo, Alvarez and  Christopher Young (who is described as a “longstanding personal friend of Trujillo and Alvarez”).

 This case can be viewed at Riverside County Superior Court website 

Between 2002 and 2008, George Alvarez, Mario Alvarez, Luis Trujillo and Chris Young owned and operated a development company called California Cove Communities Inc.  This company had the same mailing and physical address as Trussnet USA Inc. (Delaware), Trussnet USA Inc. (Neveda), Trussgroup Ltd., Mobile Truss, Capital Truss, Trussnet USA Development Co. Inc. and China Tel Group Inc. (when China Tel was originally formed). 

 California Cove Communities Inc. went out of business in December of 2007. 

During 2007, California Cove Communities Inc. failed to pay vendors on its various construction projects while at the same time using Cal Cove monies to pay for their vehicles (Porsche, Mercedes Benz, and various other “company” vehicles for family members), personal residences at Crosby Estates in San Diego (multi-million dollar homes, average monthly mortgage payment ,000.00), thousands of  dollars in jewelry, limo rides, alcohol and first class seating on flights for Trujillo, Alvarez, Young and all their family members to Peru, China, Hawaii, San Francisco, etc.  Please note that Cal. Cove has represented much of these expenses were “loans” or repayment of “loans” to Trussnet(s) although no accounting evidencing as such has ever been produced.

 

As a result of the failure to pay vendors, there have been over 50 lawsuits filed against California Cove Communities Inc. in the San Diego, Riverside and Orange County Superior courts. 

 

Further, as evidenced in detail in the lawsuits below, millions of dollars was forwarded from MKA Capital Group Advisors and MKA Real Estate Qualified Fund and Opportunity Fund, to California Cove Communities Inc.  Subsequently much of this money, instead of being used for the operations of California Cove Communities Inc., was transferred to Trussnet USA Inc., Mobile Truss and Capital Truss.

 

[Please note that a web site will be formed within the next few weeks wherein access to credit card statements and bank account records of Cal. Cove will be accessible for viewing]

 

]]>

Orange County Superior Court

Lawsuit filed June 2, 2008-Case no. 07CC 11310

James Piper v. George Alvarez, Luis Trujillo, MKA Capital Group, MKA Real Estate Opportunity Fund, Netgate Consulting (owned by Mario Alvarez), et. al.

 Complaint filed by James Piper, a former business partner, of George Alvarez and Mario Alvarez. Mr. Piper sues George Alvarez for, among other causes of action, Fraud, Constructive Fraud, Beach of Fiduciary Duty and Abuse of Process. 

 

The complaint further alleges the George Alvarez and Luis Trujillo forged James Piper’s name to multiple documents in order to illegally convey millions of dollars worth of Mr. Piper’s property to themselves, which Alvarez and Trujillo subsequently used to secure deeds of trust on loans from MKA Capital.

 

The complaint further alleges that, in conjunction with forging Mr. Piper’s name to Deed Of Trust conveying property, Alvarez and Trujillo subsequently “evicted” Mr. Piper from his own properties.

 The complaint further alleges that Alvarez and Trujillo engaged in the aforesaid conduct in order to “gain the ability to use Piper’s commercial credit to obtain misbegotten financing on projects”.  It is unclear whether or not Trussnet aka Trussgroup aka China Tel Group is one of those “misbegotten projects”.

This case can be viewed at the Orange County Superior Court website 

Orange County Superior Court

Lawsuit filed December 9, 2008-Case no. 30-2008-00115855

San Marco-105 LLC v. George Alvarez, Mario Alvarez, Luis Trujillo, Chris Young, Jason Sugarman, MKA Capital Group, MKA Real Estate Opportunity Fund,  et. al.

 

Complaint alleges causes of action for, among others, Breach of Fiduciary Duty, Conversion and Embezzlement and Civil Conspiracy.  Essentially more of the same as allegations in the lawsuits contained above.

 

This case can be viewed at the Orange County Superior Court website 

San Diego County Superior Court

Lawsuit filed March 10, 2010-Case no. 37-2010-00087536-CU-EN-CTL

VRT Square LP v. China Tel Group, Mario Alvarez, Kenneth Waggoner, Ken Hobbs, et. al.

 

Complaint alleges causes of action for, among others, Fraudulent Conveyance, Fraud, Conspiracy Unjust Enrichment and Constructive Trust.  Allegations state that a legitimate judgment was obtained by VRT Square against Mario Alvarez and his failed company, Greenleaf Home Loans.  Complaint further alleges that after obtaining judgment, Mario Alvarez transferred essentially all his assets and all his stock in China Tel Group Inc. to various friends and family members.

 

This case can be viewed at the San Diego Superior Court website 

Orange County Superior Court

Lawsuit filed September 22, 2008-Case no. 30-2008-00112284

SA CALIFORNIA GROUP, INC VS. George Alvarez, Mario Alvarez and Luis Trujillo

 

Complaint itself is not extraordinary, except for the fact that the Plaintiff therein obtained a judgment in excess of 7,000,000.00 against George Alvarez, Mario Alvarez and Luis Trujillo based upon personal guarantees.

 

What is extraordinary was an expert witness report prepared on behalf of Plaintiff, which George and Mario Alvarez’s attorney attempted strenuously to keep from being admissible at trial.  This expert witness report was prepared by Robert Cunnane,  a CPA and former FBI agent with the FBI’s financial investigations unit for 21 years.  Mr. Cunnane report concluded that there was check fraud/check kiting being performed by the companies Trussnet, Westmoore, California Cove Communities Inc., Foton Motors, Trussnet USA Development co. Inc., the Weal Group (another entity associated with and/or owned by George Alvarez), Mobile Truss and California Cove Development Co. Inc. 

 

The expert further references that all of the aforesaid entities had the same address and all checks for aforesaid entities were signed by the same two individuals.

 

This expert witness report was filed with the court on this case on June 2, 2010.

 

This case can be viewed at the Orange County Superior Court website

Trussnet USA Inc. (a Delaware corp.) went out of business in approximately December of 2009 (Although it should be noted that attorney Ken Waggoner represented to collection agents at 4:46 PM on 10-26-10, that  Trussnet that it had been out of business for two years, which would put the date mysteriously at 10-26-08).  Mr. Waggoner even went so far as to threaten to sue one of the agents for a former employee, whose sole offense appears to have been to attempt to collect employee wages owed on an employee of Trussnet USA Inc. (Delaware) from China Tel Group Inc. Trussnet USA Inc. and China Tel Group Inc. had the same offices in the same suite at the time.

 

When Trussnet went out of business, it failed to pay its employees.  At the time of “going out of business” the president of Trussnet USA Inc. was Chris Young, and the directors were Jose Arana and Richard Guiterrez (names you may recognize from China Tel’s SEC filings).

 

The following employees of Trussent USA Inc. were not paid for several months and ended up obtaining judgments against Trussnet USA Inc. (Delaware) in April of 2010.  To date, these employees have not been paid:

 

Danielle Mann v. Trussnet

Orange County Superior Court Case No. 30-2010-00363999-CL-EN-HLH

 

Archimedes Cruz v. Trussnet

Orange County Superior Court Case No. 30-2010-00347375CL-EN-HLH

 

Benito Cruz v. Trussnet

Orange County Superior Court Case No. 30-2010-00347324-CL-EN-HLH

 

Juan L. Orellano v. Trussnet

Orange County Superior Court Case No. 30-2010-00347386-CL-EN-HLH

 

Genaro Cruz v. Trussnet

Orange County Superior Court Case No. 30-2010-00347368-CL-EN-HLH

 

Jose Rodriguez v. Trussnet

Orange County Superior Court Case No. 30-2010-003-CL-EN-HLH

 

Hoshiar Haghani v. Trussnet

Orange County Superior Court Case No. 30-2010-00363999-CU-BC-CJC

 

These cases can be viewed at the Orange County Superior Court website, Further, according to China Tel Group Inc.’s SEC filings, China Tel Group Inc.,  “issued to Trussnet Delaware 90,890,639 shares of the Company’s Series A Common Stock in lieu of a million cash payment.”. These share were issued to Trussnet USA Inc. even though, according to Ken Waggoner (Trussnet and China Tel Group’s  general counsel), Trussnet was already out of business at the times the shares were issued.

 

Further, China Tel Group SEC filing on September 10, 2010, states, “On October 1, 2009, Trussnet Nevada and Trussnet Delaware entered into a First Amendment of the Agreement for Professional Services (“First Amendment to Professional Services Agreement”)”. 

Why would Trussnet USA Inc. Nevada enter into an agreement with a company that, according to Ken Waggoner, had been out of business for a year?

 

Even more important, where did these 90,890,639 shares go to after they issued to Trussnet USA Inc. (Del.)?  This researcher has been unable to find any record that Trussnet USA Inc. has paid any of the judgments against it by various creditors, or has Trussnet paid any of its employees that sued for unpaid wages and obtained judgments, or has it paid any of the dozens of IRS liens against it.  In truth, over 38,000,000 of the aforesaid shares were issued to Trussnet after aforesaid employees had obtained judgments, yet not a single one of them have benefitted to date.

 

Where did these shares go to?

 

Putting things in perspective on the “reputation” of George Alvarez and Mario Alvarez, this researcher would suggest contacting former employees and business associates of George and Mario Alvarez to get an idea of what their “reputation” is and how it would possibly benefit China Tel Group Inc..  In April of 2010, these Trussnet USA employees were fighting for wages owed to them and were obviously not millionaires or world travelers.  During this same time period, in July of 2010, Mario Alvarez was relaxing in Hawaii and George Alvarez was doing the same in Europe. They returned to the mainland/USA at the end of July for a couple days and then they both spent the next month on a Mediterranean Cruise and vacationing in the mideast.  This researcher will leave it up to the reader to evaluate whether or not they should be allowed to hide  behind the difference between Trussnet USA Inc. (a Delaware corp.) and Trussnet USA Inc. (a Nevada corp.), especially when both entities were located at the same address and phone number (which is also where these employees went to work).

 

For verification of the above referenced stock issuances to Trussnet USA Inc. (Delaware) by China Tel Group Inc., see  THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS filed by China Tel Group with the SEC, dated September 30, 2010 (UNAUDITED) under NOTE 17 – RELATED PARTY TRANSACTIONS and under heading “Professional Services Agreement Between Trussnet Nevada and Trussnet Delaware” and ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.

  

All China Tel Group Inc. SEC filings can be viewed at the SEC website, www.sec.gov

And finally, while not directly applicable to the “expertise and reputation” issue, the next lawsuit should draw serious questions and concern from both MKA Real Estate Opportunity Fund investors and China Tel Group investors:

 

Orange County Superior Court

Lawsuit filed September 22, 2008-Case no. 30-2008-00116368 (lead case)

MKA Real Estate Opportunity Fund v. George Alvarez, Mario Alvarez, Luis Trujillo, Chris Young, et. al.

 

Complaint that consolidated 10 other complaints file by MKA REOF against the above referenced defendants, for a total of ,236,733.00.  Complaints were for monies loaned to real estate developer California Cove Communities Inc., wherein George Alvarez, Mario Alvarez, Luis Trujillo and Chris Young (and all their spouses) had personally guaranteed said loans  All complaints were inexplicably filed by MKA long after monies were owed, in some cases years after monies were owed, and only after all the assets of California Cove Communities Inc. had been bled off or transferred.

 

After the cases were consolidated, a stipulated judgment was entered wherein all the parties with personal guarantees were dismissed except one, Luis Trujillo, who agreed to have a ,236,733.00 judgment entered against him.  Almost immediately thereafter, Luis Trujillo filed Chapter 7 bankruptcy.

 

The question is-Why would MKA (or the attorney for MKA) waive personal guarantees against six other individuals (who had money to go after) and enter into a stipulated judgment against the one person who did not have money? Now… there could have been a settlement with the other parties that does not reflect on the court’s docket, but this would normally require some kind of application to the court to approve a “good faith settlement”.  Based upon the record, there does not appear to be any consideration for the dropping by MKA of all personal guarantees against George Alvarez, Mario Alvarez or Chris Young (and their spouses) in this consolidated lawsuit.

 

Please note:

 

Jason Sugarman is the president/managing member of MKA Capital Group and MKA Real Estate Opportunity Fund.

 

Jason Sugarman’s Dad was on the board of directors for China Tel Group Inc. when it was initially formed.  His Dad is a medical doctor in Fullerton, CA, not a telecommunications expert.

 

MKA’s attorney on the above referenced consolidated lawsuits was Dan White.

 

MKA’s attorney, Dan White, is the authorized agent for service of process for Gulfstream Capital LLC.

 

Gulfstream Capital Partners LTD., are partners/investors in China Tel Group’s Peru operations (Perusat).

 

These consolidated cases can be viewed at the Orange County Superior Court website, www.occourts.org

 

Additional sites that will assist readers/researchers in evaluating the “expertise and reputation” of George Alvarez and Mario Alvarez are listed below. Many of these websites do charge for access, thus in two to three weeks, this researcher will be forming a website wherein all the foregoing documents will be accessible free of charge.

 

 Also available on the website will be internal documents and statements provided by former MKA employees and former Trussnet USA Inc. (Delaware) and Mobile Truss employees, regarding the ethics (or the lack thereof) of individuals associated with these entities. 

 

Also available will be the expert witness report referenced hereinabove, and letters, emails and communications related to various court proceedings from Ken Waggoner and other attorneys associated for both Plaintiffs and Defendants on the above referenced lawsuits.

 

Also available will be updates and documents on the SEC Westmoore “Ponzi scheme” lawsuit along with other private party lawsuit filed against Westmoore Holdings, et. al., in various federal courts making similar allegations of a Ponzi scheme (These lawsuits are relevant only in that George Alvarez was on the board of Westmoore at the time of the subject matter of these lawsuits, and also that China Tel Group is mentioned prominently in aforesaid lawsuits. It should be noted that, to date,  neither George Alvarez nor China Tel Group Inc. have been accused of any wrong doing in these lawsuits.

 

The website will also allow any potential or previous investors with The Alvarezs’, MKA, California Cove, China Tel Group, etc., to upload documents and post statements without fear of reprisal.

 


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Anyone Tired of Online Dating?

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Anyone tired of online dating? I have heard that over 40 million people in the USA alone will log onto an online dating or matchmaking website during the course of a year. You would think with that many single people it would be like shooting ducks in a barrel.. Wrong! As a 49 year old man, with a 16 year old son, being single has been an absolute nightmare to say the least. The only thing worse than online dating is in- person dating. All joking aside, The fact of the matter is that at my age I am too old to go the bars and nightclubs filled with men and women young enough to be my children. Even if I did go out, what would be the point? Time and maturity (and wrinkles and graying hair) have made that not an appealing option. I have another problem. I am self-employed, and work out of my home which is very isolated, so often I don‘t even have to get dressed let alone dressed up. Moreover, I am incurably shy which is the reason I chose online dating to begin with.

On the good side, I have diagnosed the problems pretty well. The internet craze and subsequent birth of online dating was like a Godsend. For me it was a no-brainer. I had nothing to lose, except possibly .95 which could be refundable if I were a totally dissatisfied client. At that time I had just filed for divorce and was separated so I joined one of the leading dating sites. It was very easy to join, I simply filled out a questionnaire about my age, eye and hair color, height, weight, body type etc. I also wrote a profile about my hobbies, work, interests and also the qualities I wanted in a woman. I had a fairly recent picture which I scanned and then paid the money for a 30 day trial. Literally within minutes I started receiving e-mails from women filled with compliments and interest in getting to know me better. I remember thinking that my dating worries were finally over. I was so excited I started thinking about marriage, children, white picket fence, and walking hand in hand into the sunset together. Here I was waiting for beautiful, single, sexy women to contact me without even leaving my home. It was unbelievable. That first couple of weeks were unforgettable. I was getting about ten e-mails a day from otherwise unattainable women living within just a few miles of my home. I was overwhelmed with all the attention and adoration. I had not had this many women after me since the time I accidentally walked into the girls bathroom in grade school.

As with most of us when learning a new trade, I made many blunders along the way. For one thing, I never kept files or any sort of managed dating notes about all the conversations and e-mail exchanges. I would jot down numbers and names on pieces of scrap paper sitting next to the pile of papers on my messy desktop. I was attempting to just shoot from the hip and see how things went. Being memory challenged did not help either and I was constantly losing names, numbers, and appointments. The problem was I had too many women and not enough time. I was never the type of guy that juggled women well, and I usually got caught if I ever did anything worth getting caught over because I have a morality streak which does not allow me to lie to a person who I know is trusting me. In the beginning due to the stigma attached to online dating I decided to keep this new thing a secret and just see if in fact I could actually find true love. If I did find love I could make a pact to fabricate a good story as to how we met and no one would be the wiser.

After coming off the pink cloud I decided that even as shy as I was, this was too good an opportunity to pass up so I started meeting people within a few weeks of joining. After talking on the phone, I made plans with a woman to meet at a nearby coffee house. I remember I had seen her photo which was quite attractive but I asked her what she would wear so I would not need to look foolish as I entered the place. As I come into the coffeehouse, I see my date out of the corner of my eye sitting there waiting for me. She was huge! She saw me right away and immediately greeted me with a hug. During our conversation she said she had just broken up with her boyfriend and put on some weight under the stress. So the posting of less than recent photos is something to watch for.

One of the first words I learned about was “chemistry“. This apparently, is what every single woman MUST feel in order to continue in a romantic path. In other words, if she does not feel ?chemistry? within seconds of meeting you, you are out of luck. I have heard several different definitions of the word, but generally it has nothing to do with science. Here is Webster‘s definition:” a strong mutual attraction, attachment, or sympathy”. The problem here is that it needs to be MUTUAL!. By definition men have chemistry hundreds of times a day. I probably had chemistry with several women just on my drive to the date. Men can have chemistry with a magazine! This word has given me great pleasure as I bring it up with all my dates to see how the “chemistry“ is coming along. Usually this makes even more “chemistry“.

What I did not realize, was that the women were also receiving ten e-mails or more per day and so it was like a great big bar scene with everyone looking around the room for something better. I was just one of many men vying for the attention of the same women. In addition, as I already knew, people were less than honest in their personal assessment. All I had was a picture and some words that may or may not be true. Many of the people were still in long term relationships, others were married, some did not really live nearby but actually were in another country looking for a visa, others were just checking it out. The photos are very tricky. They often are retouched, taken from far away, or just plain outdated (pun intended). Writing a profile is an art form in and of itself. I have seen some extremely well written bio‘s that really are impressive. They are often witty, charming, eloquent, self-assured, and downright funny. Reading them can make even the worst loser appear like the one you want to bring home to meet your parents.

I have noticed over my long career of online dating that those that know how to write a good profile and take a good photo are the ones that succeed. However, remember if its too good to be true…. This definitely applies here. Its wonderful to write a great profile and take some photos that look like yourself on the best day of your life 5 years ago, and then have fun counting all the e-mails, but that misses the point and is the reason online dating does not work. If we are all completely honest, and take photos that look like us in the morning after just waking up, we would get very few e-mails, and then not get the ego boost or the entertainment of opening mail from strangers of the opposite sex.

I have found that no one could possibly be that high on life naturally, or that grammatically correct, or that witty, or bubbly, or perfect and filled with such self worth as they appear online. The forum does not lend itself to truth, reality, or frailties.

I have finally mastered the online dating technique. Here‘s how it works. You have a relationship with the woman of your dreams that happens to live in another country far away. That is the person you will marry some day in the future. So while you are waiting, you get a professional photo, start going to the gym, get teeth veneers, dye your hair, inject botox, and take anti-aging drugs. Then in your profile tell everyone, you are a millionaire, world traveler, model, who enjoys wine tasting, travel, museums, art, fine restaurants, working out, opera, expresso, the outdoors, theater, romantic dinners, sunsets, adventure, live concerts, music, shopping, animals, seaside resorts, dancing, Bar-B-Q?s, sports, and feel just as comfortable in a tuxedo as at home in blue jeans, never been married, no children, but wants to get married and loves children. Now the fun part is knowing that you have absolutely no interest in anyone who answers your ad because who could like someone that easily bamboozled. . A word of advice: Try not to buy into your own façade, and never admit your true age! Have FUN!

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Grown Millionaire Singles in Uk, Europe, Usa

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Gambling online USA- Know about casinos accepting US players

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Generally when we talk about gambling online USA, the first thing that comes in mind is the legal restrictions that we find in online gambling. It is true that there are some regions in the United States where online gambling is still considered illegal. However, if you consider the overall scenario, you will see that even though there exists some restrictions but internet gambling is readily available for most players.

When you search online, you will find that there exists many online gambling sites directed for the US players. It is due to the popularity of internet casino gambling in the entire United States that most casinos these days are allowing US players to sign up and play at their site.

There was a time when web gambling pulled down their welcome mat for the American players. Time has changed and now players who are willing to try their hands at online gambling will get plenty of internet gambling opportunities at their disposal. It is only through these sites that many players will be able to test gambling online USA in its true sense.

Gambling online USA is no different than any other internet casino gambling site of the present date. Most casino sites targeted for the Us players include a wide variety of gaming options to meet with the diverse wagering requirements of their members. This is what led to the deep pull for all those sites operating in the American gambling market today.

If we have a look at the USA casinos, you will find an overall growing trend of USA casino gambling. In this date, gambling online USA forms to be the most fastest growing ways to gamble online for the players based in different parts of the country. With a wide selection of the casinos to look through, players will be able to make the best out of it each time.

Fore more details on the USA casinos responsible for bringing you the true enjoyment of gambling online USA, you can check out some USA friendly online casinos. These include few top names that offer you all the advanced features that promise to make your gambling experience an enjoyable one. With a combination of variety of casino deposit methods, tournaments and bonuses you can be sure to experience the best whenever you sign in to play.

According to the most recent surveys, the top most online casinos has been featured for a number of reasons. These casinos include popular names which are responsible to offer gambling online USA. Most of these sites has been known to include a range of attractive options to allow players coming to their sites. These include

1. VIP Slots Casino – offering players with 100% up to 7 as bonus
2. Slots Galore Casino- offering 00 as welcome bonus
3. English Harbor Casino-with VIP plan and great service on offer
4. Online Vegas Casino- free money bonus of about ,000
5. Millionaire Casino- great VIP offers
6. Slots Oasis Casino- bonuses totaling to 00

When it comes to gambling online USA, you will be able to find a variety of attractive options some of which are mentioned above. Do not waste time, sign up with one US friendly site and enjoy a great gambling experience than never before.

Anthony Burgeos is a casino gambling expert offering his advice on gambling online USA. If you want to know more about online gambling then you can check out this article to learn more.


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