Blogs

In the days of Entity beans in 2.1 ways, the existence of beans required the need of a container or a run time environment to manage those beans. This made it impossible to transfer those beans across wire or across contexts as it was not possible for the new environment to always understand those beans. This prompted the need of patterns like Value object and Data Transfer object.

In the good old world of IT development, we have the software development done as per the waterfall model. It was sort of a logical transition from the construction or mechanical world to the newly found software world. The big phases were defined as Requirements, Design, Coding, Testing and Production. It was more or less across the wall model in theory but was a big spaghetti of people and processes. Features went into production which were not part of Requirements and the intended requirements never made to the Production.

log4j works by reading the logging level from log4j.properties. However normally we put the system in such a way that the log4j.properties is read while the application is loaded initially. There are at times, we need to make the logging in such a way that we can change the logging level dynamically. This is especially useful when we want to debug a running system in certain state and we can see more elaborate bahaviour by turning the log levels to more finer levels.

To do that, it's very easy.

I was glued to Television for days, first to witness the LokSabha proceedings and then RajyaSabha.  The bill unfolded the highs of lows of Indian Parliamentary democratic system. It also showed how the manipulation happens to score brownie points. The way RajyaSabha got adjourned, I can only term as the highest form of political culinary but done all the wrong way. Without getting into debate whether or who was responsible for the ruckus, let's focus on the core issue of Lokpal.

Imagine a movie hall where it has just caught fire, and the people are trying to rush out from every conceivable door and window. At that point, the fire safety officer comes and yells in top of his voice, that he is declaring the movie hall as unsafe from fire. That's how the rating agencies are working now. Fresh from their failure on mortgage backed bonds, and trying to build their reputation back, they are going overboard in the other direction now. In the run up to 2008, the more you rate high the more credibility it brings to you.

It is quite interesting the way China has shown interest in buying the bonds of countries on the brink of bankruptcy. It's a good step from China's angle to buy the debt, as it takes it a step closed to becoming super power. Once the debt is under China's belt, it will be easy for them to control the different countries. Just make so much economic sense from China's angle. This will also provide ability to China to force the countries to be favorable in importing China's goods.

Inflation has been the most important phenomena for Indian economy for last 3 years. It has run like a wild fire and remains uncontrollable. In spite of tightening cycles of RBI, the inflation does not seems to be under control.

India is struggling with inflationary pressures for more than two years now. All attempt to contain the inflation by central bank and government has not yielded the desired result, apart from momentary successes. The successes also can be attributed to the supply of commodities at various time because of good harvest of crops, then anything else. Apart from that, the inflation has remained not to be tamed.

Fed is printing money and printing like anything. I wonder where all those paper money go and disappear. In spite of so much of money, most of the people, in the world still do not carry a feel good factor. The society is creating extreme riches and extreme poors. It's true that with free market economy and democracy in place, it's easier for a man to cross those boundaries either way. With good judgement and right strokes of luck, one can become rich, extremely rich. Some poor judgements or not understanding the risks correctly, can make someone pauper also quickly.

In "The wealth of nations", Adam Smith promotes the concept of invisible hand. He pursues the path of reasoning that the more good to society is done, if we let the invisible hand of market to function. The division of labour is the core tenet which is important for the invisible hand of market to function properly. The natural extension of this theory is the extreme globalization of the world, where division of labour works all the way up and down.