Free Bazaar Blog

I love that the life is unfair. Every time somebody thinks “that is unfair” and proceeds to correct it, that person has made the world a little bit better. Also what is fair to one is always unfair to another, the other person thinks the same and the cycle of human progress continues. If the life were completely fair to everybody, would we not become lazy, boring and all same?

This is a great service you can use to get your photos converted into hand made oil paintings. This can be a great gift for your loved one.
Disclaimer: This is run by my wife.

Here is an example:

Interesting article in NY Times:

Professor Nisbett provides suggestions for transforming your own urchins into geniuses — praise effort more than achievement, teach delayed gratification, limit reprimands and use praise to stimulate curiosity — but focuses on how to raise America’s collective I.Q. That’s important, because while I.Q. doesn’t measure pure intellect — we’re not certain exactly what it does measure — differences do matter, and a higher I.Q. correlates to greater success in life.

See these pages to find out more about me:
Jasmeet Chhabra's Home page

Jasmeet Chhabra's Facebook page

Jasmeet Chhabra's Orkut Profile

Scientific proof that you make your own breaks.

Some excerpts :

To investigate scientifically why some people are consistently lucky and others aren't, I advertised in national periodicals for volunteers of both varieties. Four hundred men and women from all walks of life -- ages 18 to 84 -- responded.

Over a ten-year period, I interviewed these volunteers, asked them to complete diaries, personality questionnaires and IQ tests, and invited them to my laboratory for experiments. Lucky people, I found, get that way via some basic principles -- seizing chance opportunities; creating self-fulfilling prophecies through positive expectations; and adopting a resilient attitude that turns bad luck around.

It seems that govt is pushing for loan interest rates to fall to 4.5% conventional loan with the help of Freddie and Fannie.

I would be surprised if it halts the price slide though. The appetite for second and third homes is gone for next 10-15 years – no matter what the interest rate -- and all those will take a long time to work through the system. Also, given the uncertainty in economy and current and for sure future job losses most people will wait and watch. In Japan the interest rate was taken to 0%, and still people refused to borrow and the property prices have kept on sliding for last two decades. The funny thing is that US govt. chided Japan for tying productive assets by bailing out the big institutions and now is following the exactly same Japanese prescription – with probably the same end game.

The other funny part is that the very cause of housing crisis, i.e. low interest rates is now being touted to cure the disease. It is like injecting cocaine into person who is dying from prolonged addiction to cocaine.