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January 22, 2009

Success Speech By Obama

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Barack Obama today called on Americans to embrace a "new era of responsibility" and work with courage and selflessness to guide the United States through the economic crisis and back to a position of global leadership.

In an inspirational inaugural address after being sworn in as the 44th President of the United States, Mr Obama told the nation: "Starting today, we must pick ourselves up, dust ourselves off and begin again the work of remaking America."

He portrayed the United States as a country built on the sacrifice and hard work of immigrants, pioneers and slaves and said that a similar sense of sacrifice was called for now.

These are the original Words of Mr.Barack Obama after becoming US President on 20th Jan. 09

Inaugural Address

By President Barack Hussein Obama

My fellow citizens: I stand here today humbled by the task before us, grateful for the trust you've bestowed, mindful of the sacrifices borne by our ancestors.

I thank President Bush for his service to our nation -- (applause) -- as well as the generosity and cooperation he has shown throughout this transition.

Forty-four Americans have now taken the presidential oath. The words have been spoken during rising tides of prosperity and the still waters of peace. Yet, every so often, the oath is taken amidst gathering clouds and raging storms. At these moments, America has carried on not simply because of the skill or vision of those in high office, but because we, the people, have remained faithful to the ideals of our forebears and true to our founding documents.

So it has been; so it must be with this generation of Americans.

That we are in the midst of crisis is now well understood. Our nation is at war against a far-reaching network of violence and hatred. Our economy is badly weakened, a consequence of greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age. Homes have been lost, jobs shed, businesses shuttered. Our health care is too costly, our schools fail too many -- and each day brings further evidence that the ways we use energy strengthen our adversaries and threaten our planet.

These are the indicators of crisis, subject to data and statistics. Less measurable, but no less profound, is a sapping of confidence across our land; a nagging fear that America's decline is inevitable, that the next generation must lower its sights.

Today I say to you that the challenges we face are real. They are serious and they are many. They will not be met easily or in a short span of time. But know this America: They will be met. (Applause.)

On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord. On this day, we come to proclaim an end to the petty grievances and false promises, the recriminations and worn-out dogmas that for far too long have strangled our politics. We remain a young nation. But in the words of Scripture, the time has come to set aside childish things. The time has come to reaffirm our enduring spirit; to choose our better history; to carry forward that precious gift, that noble idea passed on from generation to generation: the God-given promise that all are equal, all are free, and all deserve a chance to pursue their full measure of happiness. (Applause.)

In reaffirming the greatness of our nation we understand that greatness is never a given. It must be earned. Our journey has never been one of short-cuts or settling for less. It has not been the path for the faint-hearted, for those that prefer leisure over work, or seek only the pleasures of riches and fame. Rather, it has been the risk-takers, the doers, the makers of things -- some celebrated, but more often men and women obscure in their labor -- who have carried us up the long rugged path towards prosperity and freedom.

For us, they packed up their few worldly possessions and traveled across oceans in search of a new life. For us, they toiled in sweatshops, and settled the West, endured the lash of the whip, and plowed the hard earth. For us, they fought and died in places like Concord and Gettysburg, Normandy and Khe Sahn.

Time and again these men and women struggled and sacrificed and worked till their hands were raw so that we might live a better life. They saw America as bigger than the sum of our individual ambitions, greater than all the differences of birth or wealth or faction.

This is the journey we continue today. We remain the most prosperous, powerful nation on Earth. Our workers are no less productive than when this crisis began. Our minds are no less inventive, our goods and services no less needed than they were last week, or last month, or last year. Our capacity remains undiminished. But our time of standing pat, of protecting narrow interests and putting off unpleasant decisions -- that time has surely passed. Starting today, we must pick ourselves up, dust ourselves off, and begin again the work of remaking America. (Applause.)

For everywhere we look, there is work to be done. The state of our economy calls for action, bold and swift. And we will act, not only to create new jobs, but to lay a new foundation for growth. We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together. We'll restore science to its rightful place, and wield technology's wonders to raise health care's quality and lower its cost. We will harness the sun and the winds and the soil to fuel our cars and run our factories. And we will transform our schools and colleges and universities to meet the demands of a new age. All this we can do. All this we will do.

Now, there are some who question the scale of our ambitions, who suggest that our system cannot tolerate too many big plans. Their memories are short, for they have forgotten what this country has already done, what free men and women can achieve when imagination is joined to common purpose, and necessity to courage. What the cynics fail to understand is that the ground has shifted beneath them, that the stale political arguments that have consumed us for so long no longer apply.

The question we ask today is not whether our government is too big or too small, but whether it works -- whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified. Where the answer is yes, we intend to move forward. Where the answer is no, programs will end. And those of us who manage the public's dollars will be held to account, to spend wisely, reform bad habits, and do our business in the light of day, because only then can we restore the vital trust between a people and their government.

Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched. But this crisis has reminded us that without a watchful eye, the market can spin out of control. The nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our gross domestic product, but on the reach of our prosperity, on the ability to extend opportunity to every willing heart -- not out of charity, but because it is the surest route to our common good. (Applause.)

As for our common defense, we reject as false the choice between our safety and our ideals. Our Founding Fathers -- (applause) -- our Founding Fathers, faced with perils that we can scarcely imagine, drafted a charter to assure the rule of law and the rights of man -- a charter expanded by the blood of generations. Those ideals still light the world, and we will not give them up for expedience sake. (Applause.)

And so, to all the other peoples and governments who are watching today, from the grandest capitals to the small village where my father was born, know that America is a friend of each nation, and every man, woman and child who seeks a future of peace and dignity. And we are ready to lead once more. (Applause.)

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with the sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

We are the keepers of this legacy. Guided by these principles once more we can meet those new threats that demand even greater effort, even greater cooperation and understanding between nations. We will begin to responsibly leave Iraq to its people and forge a hard-earned peace in Afghanistan. With old friends and former foes, we'll work tirelessly to lessen the nuclear threat, and roll back the specter of a warming planet.

We will not apologize for our way of life, nor will we waver in its defense. And for those who seek to advance their aims by inducing terror and slaughtering innocents, we say to you now that our spirit is stronger and cannot be broken -- you cannot outlast us, and we will defeat you. (Applause.)

For we know that our patchwork heritage is a strength, not a weakness. We are a nation of Christians and Muslims, Jews and Hindus, and non-believers. We are shaped by every language and culture, drawn from every end of this Earth; and because we have tasted the bitter swill of civil war and segregation, and emerged from that dark chapter stronger and more united, we cannot help but believe that the old hatreds shall someday pass; that the lines of tribe shall soon dissolve; that as the world grows smaller, our common humanity shall reveal itself; and that America must play its role in ushering in a new era of peace.

To the Muslim world, we seek a new way forward, based on mutual interest and mutual respect. To those leaders around the globe who seek to sow conflict, or blame their society's ills on the West, know that your people will judge you on what you can build, not what you destroy. (Applause.)

To those who cling to power through corruption and deceit and the silencing of dissent, know that you are on the wrong side of history, but that we will extend a hand if you are willing to unclench your fist. (Applause.)

To the people of poor nations, we pledge to work alongside you to make your farms flourish and let clean waters flow; to nourish starved bodies and feed hungry minds. And to those nations like ours that enjoy relative plenty, we say we can no longer afford indifference to the suffering outside our borders, nor can we consume the world's resources without regard to effect. For the world has changed, and we must change with it.

As we consider the role that unfolds before us, we remember with humble gratitude those brave Americans who at this very hour patrol far-off deserts and distant mountains. They have something to tell us, just as the fallen heroes who lie in Arlington whisper through the ages.

We honor them not only because they are the guardians of our liberty, but because they embody the spirit of service -- a willingness to find meaning in something greater than themselves.

And yet at this moment, a moment that will define a generation, it is precisely this spirit that must inhabit us all. For as much as government can do, and must do, it is ultimately the faith and determination of the American people upon which this nation relies. It is the kindness to take in a stranger when the levees break, the selflessness of workers who would rather cut their hours than see a friend lose their job which sees us through our darkest hours. It is the firefighter's courage to storm a stairway filled with smoke, but also a parent's willingness to nurture a child that finally decides our fate.

Our challenges may be new. The instruments with which we meet them may be new. But those values upon which our success depends -- honesty and hard work, courage and fair play, tolerance and curiosity, loyalty and patriotism -- these things are old. These things are true. They have been the quiet force of progress throughout our history.

What is demanded, then, is a return to these truths. What is required of us now is a new era of responsibility -- a recognition on the part of every American that we have duties to ourselves, our nation and the world; duties that we do not grudgingly accept, but rather seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit, so defining of our character than giving our all to a difficult task.

This is the price and the promise of citizenship. This is the source of our confidence -- the knowledge that God calls on us to shape an uncertain destiny. This is the meaning of our liberty and our creed, why men and women and children of every race and every faith can join in celebration across this magnificent mall; and why a man whose father less than 60 years ago might not have been served in a local restaurant can now stand before you to take a most sacred oath. (Applause.)

So let us mark this day with remembrance of who we are and how far we have traveled. In the year of America's birth, in the coldest of months, a small band of patriots huddled by dying campfires on the shores of an icy river. The capital was abandoned. The enemy was advancing. The snow was stained with blood. At the moment when the outcome of our revolution was most in doubt, the father of our nation ordered these words to be read to the people:

"Let it be told to the future world...that in the depth of winter, when nothing but hope and virtue could survive... that the city and the country, alarmed at one common danger, came forth to meet [it]."

America: In the face of our common dangers, in this winter of our hardship, let us remember these timeless words. With hope and virtue, let us brave once more the icy currents, and endure what storms may come. Let it be said by our children's children that when we were tested we refused to let this journey end, that we did not turn back nor did we falter; and with eyes fixed on the horizon and God's grace upon us, we carried forth that great gift of freedom and delivered it safely to future generations.

Thank you. God bless you. And God bless the United States of America. (Applause.)

January 20, 2009

Billion Dollar's Secret- SATYAM

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Its all about SAYTAM

The Irony lies in the name SATYAM, which means Truth
The Original truth is that Mr. Ramalinga Raju, the promoter-chairman of Hyderabad, Headquarters SATYAM Computers, also a Politically Connected person, who was lying FOr Years to the Employees, the share Holders, Building up to India's Largest Ever Corporate Fraud OF Rs.7000 Crore. SATAYM one of the top 4 IT company in India After TCS, INFOSYS, Wipro and Ahead of HCL.

How it All Started?

December 16:
SATYAM Announces its decision to acquire a 100% stake In MAYTAS properties and 51% stake in MAYTAS infra at a cost of $1.6 Billion.
It is seen as a move to bail out MAYTAS, which was also promoted by Ramalinga Raju

December 17:
Investors’ fury forces Ramalinga Raju to reverse buy out Move.

December 18:
Satyam Decides To Hold a Board Meeting on Dec. 29 to consider a proposal for a buyback of its share.

December 19:
Center seeks help from registrar of Companies to examine Satyam Maytas Deal which they thought raised the issue of violating the rules.

December 21:
SATYAM- MAYTAS fiasco puts focus on the role of independent directors who along with the board had unanimously given a go-ahead to the deal. With the new companies bill providing for 33% of such directors on the Board, questions are raised regarding their failure of carrying out their Duties.

December 23:
World Bank Prohibits SATYAM for 8 years from Doing Business on charges of Date theft. According to the World Bank It says SATYAM was banned for improper benefits to the bank staff and Lack of Documentation on invoices provided.

December 24:
SATYAM stocks dip by a sharp 19% hitting a 52 week low of Rs.114.65. Stock Loses it Value by 75%.

December 25:
Mangalam Srinivasan resigns for moral responsibility for not casting a nonconformist vote against the acquisition deal of MAYTAS. SATYAM demands an apology From World Bank.

December 26:
A speculation among the people raised that Raju may not lead the Board meeting scheduled which is to be held on December 29th.

December 27:
SATYAM puts off the Board meeting Scheduled on December 29th.

December 28:
Company considers inducting a strategic partner and selling out its shares in the $2 billion company. It announces the Appointment of DSP Merill Lynch to advice on strategic options to enhance the shareholder value. Recasting of Board of Directors was also designated.

December 29:
Two directors, Krishna Palepu and ISB dean Rammohan Rao resigns.

December 30:
Ramalinga Raju writes a letter to his Employees assuring them that company would be back on the right track. He made awareness among the employees that company did not go wrong. But it Went off.

December 31:
Managing Director B.Ramalinga Raju sends out yet another letter to SATYAM associates on New year eve stating at length, why they should be proud to be the part of SATYAM.

January 1:
Rumor’s circle around indicating that Raju may have used their 5.8 crore shares to borrow Rs.1200 crores

January 5:
Faced with uncertainty SATYAM employees consider buying shares of the company from the market in hope of saving it from a unsympathetic take over.

January 5:
SATYAM Promoters stock holding falls to 3.6% from 5.1%.

January 7:
The Bully Chairman Ramalinga Raju resigns.
All these happenings gave a good role to the Auditors of SATYAM Computers, PricewaterhouseCooper (PwC) who was making up the companies accounts for past 3 years a Lie. All one needs to prove is that auditor was a party of a fraud. If so, he can be booked under the Companies Act 1956, and The Charted Accountants Act”.

As of now the Buzz that Vivek Paul, the former Vice chairman of Wipro, might be potential CEO For SATYAM. But there is a chase for SATYAM CEO Between Vivek Paul and Jerry Rao , that who will turn as GAURDIAN ANGEL FOR SATYAM.

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January 19, 2009

HLL goes beyond condom; HLL now is a life caring unit.

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The storm of great deep recession has not yet crossed the shore of companies, but there are a few companies which even withstood this strong storm. Hindustan latex limited has joined the crew by expanding its orgin.

Hindustan latex limited will soon be renamed as Hindustan life care ltd. HLL, has promised to provide life care solutions and not to restrict them self in the production of condom alone.

The state owned Hindustan latex limited has taken it has a chance to prove their ability producing medicines and providing life care. Hindustan life care ltd will be the highest vaccine manufacture of the country with a 100 core project.

The company has plans to build a medical park in tamil nadu chengalpet, where by it will turn out to be the countries biggest vaccine manufacture. The company has also decided to have a chain of hospital across the country.

By the year 2010-2011 the company has plans to become a 1000 core company from being a 250 core company. Sources also say that the medical park will be built in 500acre.

The medical park will be a integrated town ship for diagnostics, equipment, for disposable and devices and also knowledge and health care business outsourcing hub. This medical park is to be developed in 3 phases

The company is now vigorously appointing project consultants for the vaccine complex, which will make its grand great entry in vaccine sector. All this process is planned to be completed by the first quarter of 2011

The company has plans to set up small hospital across the country. The small hospitals will contain 20-25 beds. Those hospitals will provide all basic life care protection with child heath care and maternal health care service. The plan is open 30 such hospital across the nation and to have 140 hospital has franchise by 2012. These hospitals are set up mainly for low income group

HLL has already set up its first hospital in Hyderabad. The company has also appointed 11 consultants to give up Medicare in 11 medical college across the country. Apart from all this the company will also continue producing contraceptive, condoms and will also produce blood bags, pregnancy testing kit, malaria testing kit dengue testing kit and will also launch HIV testing kit.

This step will surly solve the problem of fear in the minds of people as most of the drugs will be available from one of the best manufacturer of the country. HLL must make sure that their drugs are available in all the parts of nation, without which hospitals and the medical aid provided will laterally be a waste of money

Being a producer of condom HLL was preventing life’s birth, Now HLL(Hindustan life care ltd) will care those life’s which were produced

January 03, 2009

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