
Friday, December 19, 2008
A Christmas Note

Thursday, December 11, 2008
I'm Thirsty

Monday, November 10, 2008
Singing Analytically: Love VS Justice (Part 2)
- The process of rebuilding the House of the Lord was abandoned by the people
- Instead, they were too preoccupied in accumulating wealth and building their own house.
- Consequences: God blew their wealth away, their hard labor and toil were fruitless.
- Why? Because they disobeyed God's command to rebuild His House.
- Once they realized their misdeeds and started to rebuild the House of the Lord, their future is, once again, reassured.
- Simple interpretation can be deduced: There is a strong correlation between (1) obedience and reward and (2) disobedience and punishment
Saturday, November 8, 2008
Singing Analytically: Love VS Justice (Part 1)

In this post-modernization world, theological doctrine can be easily skewed towards one direction and tailored towards one's specific need. It is very tempting to pull out a statement from The Bible and torture it with free-interpretation. This symptom can be prevalently found in music and it's lyric. Why? I'll spare you that question since I'm more interested in encouraging all of us to put on, not just our barely two-octave voice, but also a critical mind while singing. Thus, there you have the title: Singing Analytically.

Wednesday, November 5, 2008
Obama's Promises, that We Believe In

Health care: employers will have to cover their's employee health care. Obama's plan is to free Americans from high medical cost set by either government or insurance companies. It's all about expanding coverage. What I like from his health-care plan: Universal health care for children. It's about time.
Well, those are three issues that I hold most dearly. I am an Indonesian, correct, but this election is not merely about being Indonesian or Americans. It is about people and any effort by any country to make this world a better place deserves an attention. I always believe that developing societies like Indonesia is always one step behind developed societies; at least the changes that we hope will take place in America will serve as great lessons for Indonesia's government to value its people and to realize that changes are also on the horizon for Indonesia.
Tuesday, October 14, 2008
Branding Your Life

Monday, October 6, 2008
No, I'm not kidding, It's Slank!
Yes, and I reiterate, yes!! Slank is coming to town and Permias Columbus has the honor to host the event. In the effort of promoting their first world-wide English-language album "Anthem for the Broken Hearted", they have agreed to share their music with all Slankers in Columbus, the small off-the-radar town but richly populated with Indonesians.
What so unique about Slank, beside their outstanding reputation and best-selling album in home front, is their message of Peace Love Unity and Respect. On the top of my mind, I can only come up with a handful of bands who are courageous enough to make universal peace and unity as their theme/selling points. And Slank is one of the few.
So guys, let's cut the boring appetizer and go straight to the meat. For all Slankers in Columbus, here you go: Indigo featuring Slank

Wednesday, October 1, 2008
Economic 101 for Dummies
I know the word 'dummies' may raise your eyebrow but let me clarify that I am one of those dummies, or should I say, I am one of those who do not understand what is happening to the economy at this particular point in time. And also let me clarify that if you scratch your head trying to unravel the mysterious thread of the economy, you're not alone. And I really understand the frustration of trying to understand and read articles from Times or even The Economists which full of lingo and in the end, still leaving us clueless. Because of this, I took great effort to fathom this mayhem and initiated to write an entry explaining the crisis in laymen terms. So, for the clueless, enjoy it, but bear with me guys, I am not an expert but I hope this rudimentary explanation would, at the very least, give you the 'Aha'

First, let start with the heart of the problem: sub-prime mortgage. It is a loan that is given to unqualified borrowers, a loan that is not supposed to be given at the first place. When the housing price plummeted, the borrowers were running frantically since their house was not as valuable as before. Overall economy was performing badly as well, hitting the unqualified borrowers' ability to pay their mortgage loan. In consequence, mortgage company suffered from loss.
Second, Fannie Mae and Freddie Mac were those which were greatly affected by this blow. They were not mortgage companies, but they provided financing for banks who issued mortgage. The initial purpose of these companies was to boost people's confidence in taking loans and buying their own house, giving the impression that borrower's loan were safely backed up by the government,when in fact it was not. National Public Radio (NPR) describes them as a mortgage wholesaler for investment banks.
Again, because of the housing slump and borrower's delinquency, their capital were greatly hurt and the government decided to save them from going down. The reasons: they are the world's largest company in terms of the amount of debt issued. Thus, letting these companies go down will crush the financial economy into pieces. So, there you go, $200billion bailout.
To make sure the system works, AIG has to post collateral and the collateral depends on rating given by rating agencies like Moody's and Standard & Poor's. What happened was the agencies sharply downgraded AIG's rating. This means AIG has to post significant amount of collateral - $250 billion in a night - which obviously AIG did not has.
The government realizes that letting AIG goes down means letting all the CDS holders (who think that their fund is protected) go down as well. The ripple effect is unthinkable; other firms will also fail which will lead to more firm failing which will then lead to a financial catastrophe. All hells break loose. Thus, there you go, $85 billion bailout.
Fourth and last point, if all the venerable investment companies were failing, is there any company big enough to withstand the blow? Apparently not, that is why the government was proposing a $700 billion bailout plan, which btw, was rejected by the House. So, what's the next plan? I don't know but the officials are, I believe, working around the clock to solve this problem.
But for sure, this is a historic moment guys, let's try to turn our attention to the news. I hope I have set some basic foundations to help you guys understand the issue further. For those of you who know better, please please please correct me for any wrong statement. I am indeed still learning about the issue and any comment / suggestion would be highly appreciated and anticipated. Lastly, I should give Cheap (aka Stephanus Saputra) the credit for answering my questions, and also to Time Magazine (The Price of Greed by Serwer and Sloan) and NPR's Talk of the Nation for their excellent coverage on the topic.

