Monday, March 5, 2012

The perfect shine

My grandfather never owned a pair of shoes in the last eighty years. He still does not wear one.  Slippers or Chappals - as we used to say, are his kind. Even as he moved in his life from  rural village to the urban city that he lives in today, his best foot forward has always been in a pair of chappals... mostly worn out, never had a backup, carefully maintained and cautiously guarded - values typical of his generation.

He has always been a hands on man, not unusual for his times. During my school days, he kept himself thoroughly busy all the time, though he had retired from formal work. Fixing bicycles, binding our new school books with covers, and using the toolbox on a daily basis was his way of life. While growing up, I can vividly  recall the attention he used to pay towards the shoes in the family. That was one other thing that must have kept him busy.

My brother and I were going to a school that mandated black shoes on weekdays and white canvas shoes for the half-day school on Saturday. My dad was working for a private company and was already part of the professional generation that had stepped into the corporate office in  black shoes. 

My grandfather used to shine our shoes - at least, twice a week. When they were done, all of our shoes used to be lined up right next to each other - clean, shiny and ready. This happened for several years. He never ever said why we hadn't polished our shoes. He simply just picked them up and did it himself. As we grew older, we realized that we needed to take care of our own shoes and picked up the skills from him.  

Once I started polishing my own shoes, I realized it was not an easy job. So, I made up three different varieties - short, medium and long. 

The shorter version was used almost on a daily basis.  This is the kind you do when you are fully dressed, put your shoes on, get to your destination and then look at your shoes to realize it needed some cleaning ! Too late.. So, you stand on one leg, lift your other leg and take it behind the standing leg and start wiping the shoe off the pants.

The medium version is used when you realize your shoe needs a shine, while you are still at home tying the shoe lace. This is the version that just uses the  brush without the polish. Shine the shoe a couple of times with the brush and off you go..

The longer version is the hardest and the most thorough. Hence, this was limited to once a week over the weekends. It used to feel boring and monotonous doing this  version. Dust the shoes; Take off the laces; Scoop a little polish off the cake inside a round Bata tin with one side of the brush and rub it all over the shoes - right first, left next, leaving the shoes a little dry with no shine on. And then, pick up the other side of the brush to shine the shoes. Especially, this step was the hardest since it would seem like it lasted for ever to get the perfect shine. And finally, put the laces back on - right first and left next as though changing the order would upset the shoes. Many a time, I would feel the urge to change the order. But felt it was unjust in making the first shoe that got stripped off the lace wait longer.

To make the activity a little bit more interesting, there had  to be a challenge. My brother and I used to have a competition to see who can shine the fastest and get the perfect shine sooner. Sometimes, we were able to go for say 30 or 40 back and forth shines before we took a long pause to breathe and then go for another round. At the end of the activity, we put them right next to each other and implicitly hope for a comment out of our grandfather. The next time we pass those shoes, we would notice that our shoes looked shinier. He would not have asked us to try harder. But he would have shined it a little more to his standards and satisfaction. We took that as a cue and tried harder the next time.

Twenty years later, the three of us now live in three different cities. Gone are the days of having to  cautiously take care of a single pair of black shoes for years together . The values seem to have been diluted a bit too. At times, I feel guilty to admit that I have a pair of shoe for every day of the week. The shoes don't get dirty as much as they used to back then. Shoes today seem to never step on the harder life that their school day ancestors used to have been in. Mostly on carpets, never gathering dust and rarely spoiled by water - shoes these days  spend the most of their lives in  temperature controlled environments. The number of  shoes that I have and the quality of the environment they are in - hardly justify the polish ritual on a daily or even on a weekly basis.

However, I do miss the ritual every now and then. Usually, it seems like I can go on for about a month without craving for that perfect shine night. I don't know what it is about the activity. 
-  May be, it is one of the few  hands on things that I can do any time of the day from start to finish all on my own without other's help.  
- May be, it is one of those many Indian movies in which the hero goes from rags to riches - always starting off as someone who polished other's shoes - to denote a hard working kind with noble values. 
- May be, it is Lincoln's quote that my wife reminisces of her father. Some one who walked into Lincoln's office seems astonished at the sight of Lincoln polishing his shoes and asks "Sir, surely, you do not polish your own shoes?" to which the humble president responds "Whose do you polish?"
- Or May be, it is the trance like feeling of getting lost while doing a repetitious activity with no thinking at all
- Or May be, it is one of those activities, which the spouse recognizes as hard work and leaves you at it. I have noticed that there are hardly any interruptions during this activity, unlike while reading a book or in front of the laptop.
- Or May be, it is the way my grand father always seemed happy just being busy doing things around the house
- Or it simply was that my shoes were dirty and needed a polish

It typically happens once a month on a Sunday evening - when the little one goes to bed early after a long day on a busy weekend; when the wife is busy with her chores surrounded by soft instrumental music playing in the background; when I just return home,  take off my shoes and realize that my world is at peace.

Tonight was one of those Sunday evenings. 6 pairs using the longer version - 4 black and 2 brown, kept me busy for about an hour. Just like my grandfather did, I completed them all and  lined them up by the door. I washed my hands and admired the result - just like an artist admires his painting after finishing the work. When the wife asked why I left them there by the door instead of putting them in the shoe rack, I said the shoes needed some fresh air after getting work done. However, my wife very well knows that I am waiting for my daughter in the morning to pick up the shoe with the perfect shine for work on Monday.

Monday, October 17, 2011

The world is not flat.. It is upside down


China comments on role of press while  protests become common through out the capitalist world. 

An op-ed from China Daily commenting on the role of press in the US.

One of the best-kept secrets in the United States over the past two weeks seems to be the protest on and near Wall Street in New York.
More than 1,000 people protested on the first daySeptember 17,marching and chanting slogansYet the demonstrationknown asOccupy Wall Streetdid not appear on the major networksevening news or in major newspapers the next day.
The protestnow in its 14th dayonly got limited coverage last Saturday when heavy-handed police arrested close to 100 people and pepper-sprayed several female demonstratorsBut most coverage that day was not in-depth.
It is a shame that most so-called mainstream media outlets have miserably failed to inform the public over the past two weeks

Protests on the Brooklyn Bridge in US.

(Photo: Reuters)
Protesters sit on the road in plastic handcuffs after being arrested on the Brooklyn Bridge during an Occupy Wall Street march in New York

Protests in Taipei, Taiwan
Activists carried out sit-ins inside the Taipei 101 tower, causing some major retailers to close shop during Occupy Taipei protests. (Photo/Hsu Cheng-hung)
Activists carried out sit-ins inside the Taipei 101 tower, causing some major retailers to close shop during Occupy Taipei protests. (Photo/Hsu Cheng-hung)

Protests in Rome, Italy
Demonstrators fight with policemen during a demonstration of the ''Indignant'' group against banking and finance in Rome October 15, 2011.    REUTERS/Alessandro Bianchi
(Reuters) - Anti-greed protesters rallied globally on Saturday, denouncing bankers and politicians over the international economic crisis, with violence rocking Rome where cars were torched and bank windows smashed
Protests in Berlin, Germany 
occupy-berlin.jpg

Protests in London  at St. Pauls Cathedral


Protests in Madrid, Spain
Protesters demonstrate at the Puerta del Sol square in Madrid, on 15

Thursday, October 6, 2011

A 24 hour iconic transformation across the globe..

All in less than 24 hours..


A 56 year old founder of global icon dies




A 19 year old makes a logo in Hongkong as a tribute







An 8 year ebay opportunist from Miami starts selling a decal altering the black and white colors
A long way from the original apple logo from 35 years ago...

Tuesday, July 26, 2011

Rehab vs. Revenge

Surprised at restrained public emotion in Norway attacks ?

Check out what the perpetrator is likely to face in Norway prison, if convicted..

Another example of Rehab in the Indian prison through Vipassana

Friday, April 1, 2011

GE $0 tax game

According to the NY Times 
Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.
GE reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States.


Forbes argues that the tax rate is higher in US compared to the rest of the world.
But it's the tax benefit of overseas operations that is the biggest reason why multinationals end up with lower tax rates than the rest of us. It only makes sense that multinationals "put costs in high-tax countries and profits in low-tax countries," says Scott Hodge, president of the Tax Foundation. Those low-tax countries are almost anywhere but the U.S. "When you add in state taxes, the U.S. has the highest tax burden among industrialized countries," says Hodge. In contrast, China's rate is just 25%; Ireland's is 12.5%.
However, According to the 10K

At year-end 2010, General Electric Company and consolidated affiliates employed approximately 287,000 persons, of whom approximately 133,000 were employed in the United States. For further information about employees, see Part II, Item 6. “Selected Financial Data” of this Form 10-K Report.

In 2010, approximately 53% of our revenue was attributable to activities outside the United States. It's total revenue is $150.2 Billion
So, putting all the above information together, here is the summary.


Revenues, Profits, Employees and Taxes




Revenues in US                  $70.5 B    ($150.2 Billion * 0.47)
Revenues outside US           $79.6 B   ($150.2 Billion * 0.53)


Pre-tax income in US:                       $10.3 Billion
Pre-tax income outside US:              $3.9 Billion ($14.2 - 10.3)



Profits in US:                      $5.1 Billion
Profits outside US:              $9.1 Billion


Employees in US:                 133,000
Employees outside US:          154,000


Employees per $Bn of Revenue
In US:                                               1884   (133,000/70.6)
Outside US:                                     1934   (154,000/79.6)


Taxes paid in US $0


Though it paid no taxes (and got a credit), GE employs more non-US employees per $1 Bn of revenue generated out side the US (1934), compared to US employees within US for every $1B of revenue generated inside US (1884).

Thursday, March 31, 2011

Dot com vs. social bomb


From the NY Times







A limited menu of social companies now in 2011 vs..
An unlimited buffet of tech companies in 1999..

Either way, could it be mostly FAT that is on the plate ???!!
So, we may have moved from the eyeballs to revenues in ten years. But, what determines the true valuation is real solid earnings and the ability to sustain them over a period of time.
It appears that all of those revenues in the social sector can vanish in no time for a few obvious reasons.

- Finicky factor a.k.a Lack of sticky factor: Remember MySpace ? Any one? Still ?
- Ease of replication - No special Intellectual protection. How long did it take for Groupon to appear after Living Social ?


Monday, March 14, 2011

Japan vs. Rest of the world - Looters amidst Natural Disasters

No Looters in Japan Earthquake 2011
http://news.blogs.cnn.com/2011/03/12/orderly-disaster-reaction-in-line-with-deep-cultural-roots/?hpt=C2
Looting simply does not take place in Japan. I’m not even sure if there’s a word for it that is as clear in its implications as when we hear ‘looting'


Looting in Haiti Earthquake 2010
http://abcnews.go.com/WN/HaitiEarthquake/haiti-earthquake-looting-un-chief-calls-troops/story?id=9594382
An additional 3,500 United Nations police and soldiers were requested today to help keep the peace in earthquake-shattered Haiti as reports of looting have increased among the country's desperate survivors.


Looting in England Floods 2007
http://www.timesonline.co.uk/tol/news/uk/article2120922.ece
West Mercia Constabulary said that looters were targeting stranded vehicles abandoned by flood victims. Food and drinking water shortages, panic buying and the threat of looting have followed the worst flooding to hit England in 60 years.


Looting in Hurricane Katrina, US 2005
http://www.msnbc.msn.com/id/9131493/ns/us_news-katrina_the_long_road_back/
In some cases, looting on Tuesday took place in full view of police and National Guard troops.


Looting in Gujarat Earthquake, India 2001
http://www.gujaratplus.com/news/archives/arc71.html
Pandya and police officials confirmed increasing reports of looting, both of jewellery and other personal effects from bodies, as well as from shops and small businesses. "This is emerging as a concern for all the survivors," Pandya said.