Sub Prime Crisis
I asked to the God:
Why America is on a verge of bankruptcy?
Why all are facing a drought of currency?
Do you think anyone should bank on banks?
Which have sunk a people of all class and ranks.
What quake produced a tsunami of sub prime crisis?
Can you explain it to the men, rich in vices?
Which is a better pill, communism or capitalism?
Can you illumine it with a dose of pragmatism.
God replied:
Son! There is nothing in this world like crises;
These are hidden opportunities in disguises.
One prime lesson still you haven't succeed to learn,
One should never spend more than one earn.
In jungle of finance, if you are led by economists,
Your fortune will be devoured by a debt’s beast.
If you mortgage future joys for a moment's passions,
Holy odyssey will fail to reach a divine station.
I replied:
In future, I will never take any kind of loans,
So I don’t have to groan in a sea of moans.
Thank you for your advice, oh! Heavenly bard,
Right away I am tearing down damn credit cards.
Now I will share this poem with all my friends,
So they don’t face the crisis till their life ends.
Consider as a merit, an act of forwarding this email,
So like economist, I won’t be tormented in your jail.
Dr Hitesh C Sheth
poem by Hitesh Sheth
Submitted by Poetry Lover
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Related quotes
The (Not-So-Great) Bailout of 2008
Gather round children,
as I tell the tale,
Of how all the banks
started to fail.
About how the government
bailed out the rich,
Rather than the poor,
which would have been a switch.
People were greedy,
for something called cash,
Brokers on Wall Street had plenty,
so what they did seems rash.
And so they started
robbing regular people blind.
That's how America (and the World)
got into a bind.
The banks began approving loans for homes,
to anyone who might need.
The value would go up,
and you could re-mortgage indeed.
People started spending
what they never had.
The way money was their religion
was awfully sad.
People would spend thousands of dollars,
On luxury items and diamond rings,
While poor children went without
food, braces and things.
The world was on a bubble
about to break.
Still banks pushed loans and investments
with ratings that were fake.
The economy crashed
like a run away train.
Regular people watched as their savings
and retirement went down the drain.
The president and congress
fearing another crash,
put together
a bailout plan fast.
They reasoned, if we don't fix the economy
the whole ship will sink.
'You don't understand, ' they claimed
the world is on the brink.
And so the government taught future generations,
handing (the rich) a bone,
That's it's okay to spend
more than you own.
poem by Joseph DeMarco
Submitted by Poetry Lover
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It is popular to call it a crisis of the Western world. It is in fact a crisis of the whole world. Communism, which claims to be a solution of the crisis, is itself a symptom and an irritant of the crisis.
quote by Whittaker Chambers
Submitted by Lucian Velea
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I'm Goona Copy
I’m surely gonna copy,
Be it poem, DVD or floppy,
And win Nobel Prize and trophy.
I will copy poets all
Whether they are big or small
Ya! No one can make me stop
Till I scale a fame’s highest top.
At the beginning of age
When God made men in his own image
He started this “Plagiarist” trend
Which I am not gonna end.
And what is creativity?
If not an ability to hide
a source of theft
with impunity.
When there is nothing
original under the sun,
Why should I copy not
and deprive myself of fun.
So I’ll copy them word by word
be they Pablo, Shakespeare or Wordsworth.
I’ll copy them from morn to evening
And would excel HITESH and Kipling.
Can you prove, they were not plagiarist,
And had not copy from some poet’s list.
You can inform FBI, KGB or CIA,
But I won’t stop my wanton ways.
And I will copy without shame,
Till I earn big name and fame.
I will copy till people start copying me,
And then and then only I will
give up this vice with glee.: -)
(This poem is a sequel to poem, “hay all you people that like to copy” written by Melissa Schreuder)
Dr Hitesh C Sheth
19/05/2009
poem by Hitesh Sheth
Submitted by Poetry Lover
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Social Insecurity
Strapped Seniors use credit cards ‘stead of cash
To stay afloat, after losing their stocks n’ bonds
Yet more victims of another Wall Street crash
“Let them eat cake” is what the Fed responds
ROTMS
From Reuters Article 10/23/2010
Retired and broke: Why retirees are declaring bankruptcy
For more and more seniors, retirement doesn’t mean a debt-free life of leisure. An increasing number of Americans aged 65 and older are declaring bankruptcy, according to a recent study by John Pottow, professor of law at the University of Michigan Law School.
Those aged 65 and older represented seven percent of bankruptcy filers in 2007, a mind-boggling jump from 1991. They are the “fastest-growing age demographic, ” according to Pottow’s study.
What’s the culprit for so much debt? Credit cards. Two-thirds of Americans who filed for bankruptcy said credit cards were the key reason for their financial problems, according to Pottow’s research. Besides having more credit card debt compared with younger bankruptcy filers,44.8 percent of those aged 65 and older also had more plastic in their wallets. “They’re using credit cards as a maladaptive coping mechanism, ” Pottow says.
Stephanie Osterland, a supervisor in the bankruptcy department at GreenPath debt solutions, sees an increasing number of seniors living beyond their means. Says Osterland: “They’re just trying to live off of a fixed income, and that’s usually Social Security. Maybe they have a small pension. We find they’ve used credit cards to supplement that income and expenses or they just end up getting into a lot of medical debt.”
In addition to escalating medical expenses, seniors have seen their portfolios hit hard by the lagging stock market. Carolyn Rodi of Saving Your American Dream says those considering bankruptcy should see a credit counselor at a non-profit organization to get their finances in order.
Credit counselors, such as those at GreenPath, help the elderly deal with a stressful situation. “We try to help them focus on what it’s going to look like” after they get out of debt, Osterland says.
Rodi also recommends that potential bankruptcy filers seek out pro-bono legal aid. “There are a lot of elderly people that are being taken advantage of by bankruptcy attorneys and mortgage brokers who are advising them improperly to pay for the bankruptcy, take out a reverse mortgage or to do things that aren’t in their best interest, ” she says. ”If you have no income, why should you borrow to pay someone when you can get free legal aid? ”
What are the chances of a senior paying off his or her debts? It’s difficult to determine, especially because seniors tend to be on a fixed income. And while finding a job — such as a WalMart greeter — seems like a viable option, it is not necessarily feasible for all seniors to work.
In addition, whether or not a person declares Chapter 7 (which involves the liquidation of one’s assets) or Chapter 13 (which allows debt restructuring) bankruptcy can be a significant factor in determining what one’s lifestyle will be. “If you have to file for Chapter 7 bankruptcy, you may be able to find affordable housing that allows you to just get by, ” says Rodi. “Chapter 13 lets you keep your house and doesn’t touch your retirement savings.”
Regardless, filing for bankruptcy is very stressful for anyone. “A lot of our clients in that post-retirement age have a hard time coming to grips with their situation, ” Osterland says. “It’s very emotional for them. We try to focus on the future and see if this debt can be lifted off their shoulders.”
poem by Ray Lucero
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Audacity of Hope
When the recession of opportunities
Knock downs, towns and cities;
When the flood of tension
Hits alike, huts and mansions;
When anxiety tortures life’s moments
And men wallows in teary torments;
When life is anything but easy
And only head shrinkers seems busy
Then, oh! Men
It is time to stand still
As ancient hills
of indomitable will
Which braves
Fiery storms
And wintry chills:
And your audacious hope
Should strive to climb
steep recession’s slope,
tightly holding
divine grace’s rope
Till in boom
The flood of recession wanes
Clouds of opportunities rains
And mad lives again becomes sane.
Dr Hitesh C Sheth
28/02/2009
poem by Hitesh Sheth
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The administration in my view is once again manufacturing a crisis. There is no crisis in the Social Security system. The system is not on the verge of bankruptcy.
quote by Paul Sarbanes
Submitted by Lucian Velea
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We are confronting a situation in which the Administration, in my view, is once again manufacturing a crisis. There is no crisis in the Social Security system. The system is not on the verge of bankruptcy.
quote by Paul Sarbanes
Submitted by Lucian Velea
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The Great Gambler
The Gambler stopped a monk
dwelling on spiritual plane,
And exclaimed, "Oh! monk
we both are exactly same
So I think we both of us
deserve equal name and fame.
Monk replied, "Gambler! I put
self not a pelf at stake,
And drink bitter poison
for God's sake
Only fool would say our
lives are same
For you a game is life
for me a life is game.''
Dr Hitesh C Sheth
27/12/2009
poem by Hitesh Sheth
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A Perpetual Stream Of Sacred Consciousness
I asked the mountain
You are very strong
you will exist till the end of creation
The mountain replied numbly
No, Nay, not so
the water can flow me and
convert me to a plain land
then my existence will vanish
I asked the rock
no one can melt you
the rock also replied numbly
No, Nay not so
the water can melt me
and I will be no more
I asked the trees
the water will destroy you
the tree replied
No, Nay not so
it shall irrigate me and
give me life
I asked each and every creatures
all replied
water is more soft, more rich
and more strong
it can destroy and give life too
it can quench thirst of all
and give life to all
I asked the Water
You are soft and mild
You are rich and strong too
The water replied
No, Nay not so
I may be dried at any time
It is poetry,
a perpetual stream of sacred consciousness
flowing ever and ever
beyond the stars and planets and
even beyond plenty of universe
The Poetry can save me and
pray to God for my survival.
poem by Ramesh Rai
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Hostage Crisis
Who is a hostage
What is the crisis
Who is there
To solve this.
I am here
In this world
And I am in crisis
It is your world
It is you
Who solve my crisis.
The crisis of
Identification
The crisis of
Beautification
The crisis of
Unification
The crisis of
Liberation.
poem by Gajanan Mishra
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The best way to begin genuine bipartisanship to make America stronger is to work together on the real crises facing our country, not to manufacture an artificial crisis to serve a special interest agenda out of touch with the needs of Americans.
quote by John F. Kerry
Submitted by Lucian Velea
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Look to the Future
Look to the future
Detach from the past
Let the people go
Start a new this time
Look to the future
Love like it’ll last
Dream like it’s forever
No move envy
Look to the future
Have the star life
Learn from others
Take it in
Look to the future
Be proud with yourself
No more lies
No more disguises
Look to the future
Solve the unresolved
Be someone’s firefly
Stop living for yourself
Look to the future
Be the person
You dream to be
Stop fantasizing
Look to the future
It’s only gets brighter
From here on out
Detach from the past
Look to the future
poem by Leah Harlow
Submitted by Poetry Lover
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A Wanta Be
Pity all the wanta bees
drones to misfortune
short cut seekers to fame
beware hidden strings
to make a puppet dance!
Do you know a wanta be?
Andy G is an incurable wanta be
poor fool he wants to be rich famous
to live the life a fabulous dream life
one of those people who will always spend
all their salary plus more always more
always broke so he self cursing claims
except when secretly spending
always spending spending spending
running up new credit card debit
credit card debit is a vicious scary trap
highest interest readily bank available
springs shut like a clamp clam
when maxed out your purchase quota
no interest no interest no interest
for three six months pulls suckers in
credit card debit is a deadly sickness
infecting spend spend spend target pigeons
come pay day minimum payment
is one day more required than you can ever pay
more than you can pay with food bills manage
now juggle bills finances spend master
mortgage luxury purchase payments
here comes lurking repossession master
taking back toys temporary joys
leaving horrible black holes holes holes
in your hollow empty souls souls souls
stripping house flat bare of furnishings
rooms bare cupboards bare do you care
credit card fraud juggler credit card fraud
is a crime to jail you must go go go
possessions people do not make us happy
we must find that happiness within ourselves
it is not the duty of any except ourselves
to find life purpose to fill all the empty spaces
forget false dreams temporal credit card bliss
this for you I fear I fear
please my friend do not go there!
poem by Terence George Craddock
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Coming Out
In the world full of mads
He confessed he is sane-
At last he comes out.
Dr Hitesh C Sheth
20/07/09
poem by Hitesh Sheth
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In Heaven Capitalism Doesn't Exist
America, the capitalist's prodigy,
Their debts multiplying every day,
It proves that capitalism doesn't work,
Eventually someone has to pay.
Four billion pounds debt every 24 hours,
To reduce it they're not even trying,
Politicians not caring leaves a taste that sours,
Fact is we know they're all lying.
The Eurozone is in crisis now,
Great Britain is in a mess,
While our politicians don't lose out,
We're left with all the stress.
Britain now owes over a Trillion pounds,
Despite all the governments cuts,
The Grim Reaper is now doing his rounds,
We're doomed, no ifs or buts.
What happened to being accountable?
Our politicians just never learn,
They tell us, don't spend what you don't have,
Live only on what you earn.
They then go and do the opposite,
How stupid can these bastards get,
While they're living the life of Riley,
We're left to pay their debt.
The workers are forced to bail them out,
But these scumbags have got it cracked,
While we all lose our jobs and homes,
None of them are sacked.
They ruin their countries whilst in power,
Which proves they haven't got a clue,
They then just up and walk away,
While we're left to see it through.
They then come out with their bullshit books,
The contents would make you wince,
They all claim it wasn't their fault,
But we know they're talking mince.
Why do we reward them for failure,
It's in prison they should be confined,
The ordinary guy would be sacked on the spot,
But these deadbeats are wined and dined.
Capitalism is a fantasy ideal,
Corruption and greed it compounds,
Manipulated by greedy bastards,
Why we tolerate it is what confounds.
The only consolation is,
They're so obsessed with wealth,
They forget all their wining and dining,
Is detrimental to their health.
So when they reached the pearly gates,
There stood a white robed sentry,
Who told them all, sorry mates,
For your sins there'll be no entry.
What do you mean, they all shout out,
We can buy anything we want,
I'm sorry but money means nothing here,
You have nothing left to flaunt.
When you lived in your Earthly home,
You just loved to kiss and tell,
For all your greed and corruption,
You're now heading straight for Hell.
The one who dies rich dies disgraced,
So I'm afraid that's the point you've missed,
You can't buy your way into Paradise,
‘' In Heaven, Capitalism Doesn't Exist ‘'
Two Ubiquitous Tragedies
Once Asylum was visited by a sage
And he saw two bonkers in a same cage.
And sage with a fazed face,
gazed in the oubliette
and heard both loonies
shouting, “Juliet”, “Juliet”.
And curious sage in a soft whimper
asked to a studious headshrinker:
“Why both have gone mad?
Why both appear sad?
Why one seems serious?
And other appears furious?
Headshrinker replied:
One Romeo failed to marry Juliet
Other’s marriage failed with Juliet.
And sage quipped:
There are two not three tragedies in a life
A life without a wife and life with a wife
poem by Hitesh Sheth
Submitted by Poetry Lover
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A Train of Stress
The rats’ adept in a rat race
Buy the tickets from a shrink,
And board a train of mental stress,
Hurriedly in a wink.
The ticket checker is death
Keeping tab on passenger’s breath.
They board in a hurry
And munch the fast foods of worry:
To reach a cemetery of success-
Which treats all with its
deadly gaze
The train driven by a crazy driver ego
Loves to keep greedy rats on their toes:
While rushing on a track of woes
It crushes alike, friends and foes.
Some jump on glitzy stations
And befriend fat diabetes and
Melancholic passions.
Some alight on illnesses' stop
And are destined to
Slip on life's slopes.
But some wise ones- known as
Crackpots- luckily win jackpots
They choose to alight at sylvan place
Solely relying on God’s grace.
They stay in a mansion of health
Store peace and bliss as a wealth.
They sleep with longevity-
An ever youthful mate-
And accompany her through
heavenly gate.
Dr Hitesh C Sheth
04/04/2009
poem by Hitesh Sheth
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Look, the president is elected to lead and to face the country's biggest challenges. The country's biggest challenge domestically speaking, no doubt about it, is a debt crisis, and I'm really hoping that he is going to give us a budget that tackles this debt crisis.
Friends Across The Internet
This poem goes out to all my friends wherever they may live.
Someone said to me recently
you cannot count people on the internet
really as your friends.
When asked why not?
They replied, you never see them,
never touch their hands,
so you really cannot count them as friends.
I disagreed with them entirely;
friends are what you make people.
Maybe you cannot see them,
nor touch them physically,
but when you write to them,
you feel you know them;
sometimes more than
those you meet everyday.
My wish is one day
I will be able to meet all of them
and give them a big hug individually,
to show them they really are a friend to me.
I have met a few already whom I care a lot about
and I worry about them when troubles come their way,
but there are many more whom I have yet to meet.
They live in distant lands,
many thousands of miles from me
and I am going to do my best
to visit them one day,
so don’t be too shocked of you get an email from me
saying I am coming your way
on such and such a day.
2 August 2008
poem by David Harris
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Sunflowers After Sex.
After the sex she stood
In front of the Van Gogh
Painting and gazed. Never
Saw that last night, she said.
It was dark, Max replied.
She touched the painting
With her fingers. Why have
A painting of flowers when
You can go out and buy some?
She asked. They last longer this
Way, he replied. So did you
Paint this? She asked in a state
Of semi undress, her eyes sleepy,
Her hair in a mess. No, Van Gogh
Did, he replied. Is he a friend of
Yours? She asked rubbing her breasts.
He sighed and shook his head. No,
Van Gogh painted that many years
Ago, now he’s dead. It’s a bit yellow,
She said, looking at the painting
Closer, what are those yellow flowers
Supposed to be? Sunflowers, he said,
They’re big flowers; people grow them
For real. She raised her eyebrows and
Pulled a face. What about that drink?
She asked. Sure, Max replied pouring
Her gin in a tall glass. She took, sipped
And winked an eye. What about more
Sex? She sighed. Sure, Max, looking at
Van Gogh’s Sunflowers, boringly replied.
poem by Terry Collett
Submitted by Poetry Lover
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