Change in blog name

I have decided to change my blog name. I found the existing name too much defensive and probably cunning. Here I am trying to disprove and sometimes slander some of the existing theories and propose my own theories(or hypothesis). But always reminding my reader my not-so-ideal state of mind. It is something like throwing mud on others after smearing myself with it. It of course stinks and I am not very happy with this.

My defensive state comes from the fact that I do not have a proper education and understanding of the things that I talk about. But so what? I do not have a proper understanding of anything under the sun. And this makes me to believe probably I have an equal understanding of all of the things in my own way of thinking. Some words talk to me very strongly and some not at all. I do not have to bother about the fate of my theory as the rules should take care of them. Probably, I should understand it by myself over time or by others. In my opinion, I should be knowing to the rules of presenting a hypothesis, if not, should have enough common sense to understand its weak points.

Of course, my change of heart must be attributed to, in no small measure, to this study that I came across at Indo-Eurasian_research yahoo group. From the summary;

There is increasing concern that most
current published research fi ndings are
false. The probability that a research claim
is true may depend on study power and
bias, the number of other studies on the
same question, and, importantly, the ratio
of true to no relationships among the
relationships probed in each scientifi c
fi eld. In this framework, a research fi nding
is less likely to be true when the studies
conducted in a fi eld are smaller; when
effect sizes are smaller; when there is a
greater number and lesser preselection
of tested relationships; where there is
greater fl exibility in designs, defi nitions,
outcomes, and analytical modes; when
there is greater fi nancial and other
interest and prejudice; and when more
teams are involved in a scientifi c fi eld
in chase of statistical signifi cance.
Simulations show that for most study
designs and settings, it is more likely for
a research claim to be false than true.
Moreover, for many current scientifi c
fi elds, claimed research fi ndings may
often be simply accurate measures of the
prevailing bias. In this essay, I discuss the
implications of these problems for the
conduct and interpretation of research.

The article is about research in Medicine. And this of course especially true in the case of Medical studies of Population Genetics the backbone of the farce called Human bio-diversity. I think they want to come out with white medicine, black medicine, yellow medicine...probably, brown medicine or upper caste medicine/lower caste medicine etc...

Well, I believe if this is the case with researches in Medicine what about not-so-scientific field of anthropology. I do not have to explicitly say that I am incoherent. The whole field is.

Personal interest litigation -II

So after all the culprit is ICICI bank in my case and not RBI.

Rising interest rates on home loans is bad news for any borrower, but it is particularly bad for those who got loans at floating rates in late 2004 or early 2005. Such borrowers are effectively paying between 0.5 and 2.0 percentage points higher than new borrowers.

Why is that the case? Read on. Both the main lenders in the home loan segment, ICICI Bank and HDFC Ltd, which control almost 50% of the market, have increased rates for existing borrowers around half a dozen times since November 2004. Every time their benchmark lending rate goes up, the increase is passed on to old customers. To lure new customers, however, they are willing to settle for a lower increase in the rate for fresh borrowers, by increasing the discount to the benchmark rate.

As one banker says, “an old customer is like your wife, a new one is like your girlfriend.”

Article at The Times of India.(bold of course mine)

I have been a wife of ICICI since late 2004. Well, the new laws give brutalized wives enough ways to fight back. I just wonder if I have any.

Personal interest litigation

I do not understand economics. For that matter most things in life. I only experience. RBI governor says Indian economy is overheating and he has to increase the interest rate of lending money to banks. In turn banks increase the interest rate on home loan. My impression was that RBI wanted to discourage people taking home loan.

I have taken floating rate home loan. Now I feel like bonded home loaner. I think a fundamental flaw in RBI governor's thinking has led to my predicament. I wanted to assure him I had no interest in heating up the Indian economy. When I took the loan neither I nor RBI had any inkling of the things to come. Now, RBI can take corrective measures but what about me? Where is the logic in a policy that fundamentally wants to scare the future buyers in fact affects the past buyers who have no room for any adjustment? If this is the reason for increasing lending rate, it should not affect the existing floating rate.

I could assure you, had I been known that the my floating interest rate would go up in the future because I had taken a home loan, then I would not have taken that loan in the first place. I care Indian economy and I have utmost interest in keeping it in good health without overheating it(which I presume is bad and detrimental for the country). Therefore, I cannot accept the fact that my home loan rate has been increased because I have taken the home loan which I should not have done. I need more dignified reasons for increasing the floating home loan rates. Overheating? I feel I am being laughed at.

So, I wonder if I can sue RBI for being responsible for increasing floating interest rate for a reason that does not exist in the phenomenon of taking a home loan.

I lack sense of humour

..therefore, I need wisdom of P Z Myers.

I am going to use these words on anyone who criticizes me for not finding humour in anything related to "browns".

- his chosen style of humor is to pretend to be a colossal boob…and that he's intentionally absurd ideas are brilliant

- the same supercilious and inflated sense of intellectual self-worth, the same mocking tone, the same knee-jerk rejection of anyone else's expertise, as if the fact that some people know much more in some discipline than he does is a personal insult.

- Only in the sense that hides behind his persona as a jokester. He's a man with an inflated sense of his intellectual abilities who resents anyone else's expression of superior knowledge

- don't seem to notice the irony of their desperate efforts to defend such a trivial joker.