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4/08/2012

The glorification of foreign talents continues

Spread your legs, spread your legs, spread them wider, and wider. We must let the foreign talents to come in or we will perish. Though we have survived and built a healthy and economically viable country on our own steam for the first 40 years of our nation building, with very little foreign talents, why is it that we cannot continue to do well without foreign talents?

And what kind of foreign talents are we getting other than a handful of exceptions that will lift us higher in the competitive world? How many of those so called foreign talents are doing jobs that Sinkies can do just as well, I don’t mean the Geylang type? I mean for every foreign talent that is recruited to sit in top management position, are there really no Sinkies that are as good or even better than him or her? This is the biggest bull that daft Sinkies are made to believe and live by.

We have been compared with Taiwan, China, India, Korea etc etc, and are we really doing that much better than these countries that are self sufficient in local talents and have companies that are now recognisable world wide? Maybe we don’t have enough head counts and we need more head counts to be bigger like them. But what is so great about their companies? With Temasek and GIC we can have many of their companies if we want them. We simply buy them over and with the Singapore premium, none will be able to resist our offer. We can buy the world with their talents, lock, stock and barrel. It is like… with one of these we can have a thousand of everything.

I think it will be a better strategy to keep this third wing overseas and no need to bring the hoards of hungry third world, talent or no talent, to our shores and inflate the prices of everything, including inflating our culture and bad manners. After carefully grooming and programming our people to be more discipline and refine like the developed countries, it is a big waste to mix them up with the uncouth and third world behaviour and social norms. And worst, to tolerate them and become one of them, be assimilated by them. There must be other better formula for growth and economic well being other than inflating head counts with third world talents that are deemed better than ours.


Spread your legs, spread your legs, spread them wider, and wider. We must let the foreign talents to come in or we will perish. Though we have survived and built a healthy and economically viable country on our own steam for the first 40 years of our nation building, with very little foreign talents, why is it that we cannot continue to do well without foreign talents?

And what kind of foreign talents are we getting other than a handful of exceptions that will lift us higher in the competitive world? How many of those so called foreign talents are doing jobs that Sinkies can do just as well, I don’t mean the Geylang type? I mean for every foreign talent that is recruited to sit in top management position, are there really no Sinkies that are as good or even better than him or her? This is the biggest bull that daft Sinkies are made to believe and live by.

We have been compared with Taiwan, China, India, Korea etc etc, and are we really doing that much better than these countries that are self sufficient in local talents and have companies that are now recognisable world wide? Maybe we don’t have enough head counts and we need more head counts to be bigger like them. But what is so great about their companies? With Temasek and GIC we can have many of their companies if we want them. We simply buy them over and with the Singapore premium, none will be able to resist our offer. We can buy the world with their talents, lock, stock and barrel. It is like… with one of these we can have a thousand of everything.

I think it will be a better strategy to keep this third wing overseas and no need to bring the hoards of hungry third world, talent or no talent, to our shores and inflate the prices of everything, including inflating our culture and bad manners. After carefully grooming and programming our people to be more discipline and refine like the developed countries, it is a big waste to mix them up with the uncouth and third world behaviour and social norms. And worst, to tolerate them and become one of them, be assimilated by them. There must be other better formula for growth and economic well being other than inflating head counts with third world talents that are deemed better than ours.

22 comments:

Veritas said...

As a engineer, I have personally clashed with bosses regarding this issue. The FT policy destroyed especially the young graduates.

20 years ago, companies are willing to train young graduates because they are not able to get it easily overseas. With FT policies, companies can always get someone to plug and play, no training at all.

The destruction is more than the young graduates. Before, we have quite some extra headcount, to factor in bringing up engineers. With FT policies, every department is ultra lean in headcount. In short, today, companies are structure in a way, whereby it will not train graduate, because of lean headcount. Reasons being

1) Each positions are highly multi-task.
2) Each engineer has extremely high responsibility that fresh graduates are not able to handle
3) Every engineers are too busy in their work to bring up colleagues.

And more FT, salary more depress. Salary more depress no good students want to do engineering. When that happen, even fewer companies want to hire fresh grad.

And today, our engineering industries are in sorry state due to the clever PAP, and despite that we are able to recruit from a pool of 7 billion talent world wide.

Malaysia has better engineering capabiliy despite their protective Bumi policy.

Anonymous said...

After pushing the cost of living so high in housing, commercial space, medical etc etc, we cannot be competitive anymore. Paying low will kill the people. But for the workers, just too bad, they will have to be CBF. The top earning $50k pm are also finding hard to live well.

Matilah_Singapura said...

>> We must let the foreign talents to come in or we will perish. <

No, won't perish, but S'pore probably won't be operating at the "global level" it operates now.

It is important to realise the thinking behind the FT policy.

1. Cheaper labour -- for the lower skill sets

2. More experience and expertise, plus of course higher pay -- for the more "unique" skill sets.

Not all foreigners are equal...it depends what their role in the political economy/ society/ catalaxy is.

@ Veritas -- my alama mater

I defend the right of the bosses to get the very best bang for their buck, and decide who they hire for whatever reason.

Asia is churning out engineers -- very good ones. Go to any university in the world and have a look at their engineering staff. You will notice a high degree of persons of Asian descent in the faculties.

Engineer salaries are also market based. The world doesn't owe any engineer -- regardless of where they're trained -- a living.

That's something ALL undegrads should accept: you are not the only ones graduating with a degree, and competing for a job.

Veritas said...

Whether those FT are best or they landed a job here just because they are able to get skills bring up, this we have to differentiate.

From what I see, we are not getting the best, not even the 2nd class. We are getting con artist.

Matilah_Singapura said...

Then blame management, not the FTs. The foreigndrs are just looking for jobs - just like everybody else in the labour market.

The people who do hiring and firing are the bosses.

Similarly with the home prices. Prices go up only because sellers hold out for higher prices. It is not the buyers fault. They would sooner pay less. Most sellers are LOCAL.

All this hatred towards foreigners comes from the small minds of embarrassingly stupid people. For fucks sake don't follow the thinking of these idiots.

Veritas said...

I am attacking management, and of course, perhaps certain racist group. The world do not work in friedmanite theory. Those who believe in laissez-faire are really idiot.

Friedman is a liar, but most agree that he has a broader scope than what he wrote. The avocation of ultra capitalism and market fundamentalism is base on certain untold agenda.

Don be a idiot.

Chua Chin Leng aka redbean said...

Thank you for scolding Matilah. He is so naive but trying to impress or oppress the readers into accepting his childish views as the right thing to do.

All market forces are bullshit. They are contrived and manipulated by selfish and serving serving interest.

Look at the COE prices, why don't they make the rich bidders pay what they bidded according to the rule of market forces? Why are they allowed to bid $500k and pay $80k? The flaw in this system is so obvious but the self serving interest will brush it off to serve themselves.

Matilah_Singapura said...

Milton Friedman's "Free to Choose" tv series

For your info, Veritas. To make sure that you first know what laissez faire is really about before you curse/ criticise it from pure emotion ;-)

@redbean:
> All market forces are bullshit.

I have no idea what you mean by saying that, or the (hopefully logical and evidence-based process). But you can test your claim to find out how smart or stupid your reasoning is:

Next time you go and buy something, tell the seller that his price is bullshit because market forces are bullshit. Then just take the item, pay what you will for it, and walk away.

If you are not either apprehended, arrested or beaten up within 2 mins, I will publicly amputate my gentitals in Raffles Place at 12noon on a Friday.

There is nothing wrong with self-interest. We are mammalian primates. Self interest is part of our nature -- whether you like it or not.

Naturally people will bid lower than higher if they can. What's wrong with that?

Matilah_Singapura said...

As I said before, I don't normally levy praise for the state.

However the SG.Gov policies of open borders, free trade, and free markets are to be commended.

Now they have to lighten up with the freedom of expression and speech. When they do, Singapore might just be the "New America" as imagined in the writings of Ayn Rand. -- where the culture is meritocratic, where individual and property rights form the anchors of a society organised by freedom, liberty and the individuals pursuits of their chosen values.

It's a long shot. But it is possible.

Chua Chin Leng aka redbean said...

That was what Putin told the sausage seller for over charging because of shortage of supply. He warned the bugger not to capitalise on the 'market' forces to cheat on the people. Remind of the market forces in the housing market when the people who should be doing the right thing, to build, refused to build.

Damn brilliant market forces at work, with hands in gloves.

Matilah_Singapura said...

I say.

Vlad Putin would have killed the poor working man because Putin -- and everyone of a socialist/communist stripe can only achieve their ends through VIOLENCE or the threat of its use.

Market forces OTOH are peaceful and based on choice. Sausage too expensive? Don't buy. There are always alternatives. Eat tofu instead ;-)

If you refuse to build when the prices are high in housing, you lose. But that is your perogative. Maybe you are hoping for the price to go higher , then you will build. However you are not THE ONLY PLAYER in the market. Someone else might decide to build, and you miss out in making money.

Meritocracy? It's ALL up to ==> you <==, motivated by self interest, of course.

Chua Chin Leng aka redbean said...

Many apologies to disagree with you. I think the socialist/communist Putin uses less violence that the free capitalist/democracy Bush and Obama to achieve their goals.

Matilah_Singapura said...

Sure. All Leaders are prone to use violence.

However Putin is a very violent man. He makes no excuses for it...he is quite open about it. Ex special forces, supe tough guy...women love him, men fear him...even the Russian energy oligarchs are scared of him.

In socialism/ communism, violence is acceptable to achieve goals.

If you want peace, free markets are the way to go. Why? Because participation is VOLUNTARY.

Matilah_Singapura said...

Annexe:

The use of violence isn't always "bad" or "immoral".

Violence use to apprehend dangerous criminals and terrorists is not only "moral" by necessary.

However when socialists/ communists like Putin use violence, they use it to get their way (end justifies the means) or to intimidate dissenters.

The only way to communism is through violence. You have to remove property rights from people, and then their property, de-individualise them, and assimilate them as "true believers" to the casue. There is no way the majority of people will do this voluntarily. People will put up resistance. You have to use brutal force to achieve the ends: i.e. in communism the ends justify the means. "People" therefore are jus means to an end -- the doctrine.

Chua Chin Leng aka redbean said...

Eh, please lah. Since the end of the Cold War and the fall of Communism, the most violent cuntry is the USA. They are living by the motto, the end justifies the means. And they are the one that is starting violence and committing violence everywhere.

You are still dreaming or smoking too much grass.

Chua Chin Leng aka redbean said...

'The only way to communism is through violence.'

You joking? The only way to democracy is through violence, in Iraq, Libya, now Syria and Iran coming. The US wanted to provoke violence in Myanmar as well but got stopped by Asean.

Matilah_Singapura said...

Communism hasn't fallen totally yet. Russia is still commie as is China.Then there are also Cuba and Venezuela. And they all initiate the use of violence to achieve their ends. Violence is used on their own people.

At least the USA uses violence on "other" people, and treats its own fairly (relatively) well.

We will not agree on freedom or the free market. So I'm not even going to bother arguing.

All I know is that free wheeling private enterprise aka laissez faire capitalism is damn fucking shiok, and I like it!

I suppose if you're not making it, it sucks to be you :-)

Anonymous said...

Do it the peaceful way please! If one cannot afford to buy a property, live in a budget hotel.

While I was in China Fujian Province years back, there was destruction of much construction materials for a temple. When I asked why, the villagers said that they did not have to commercialize their places of worship. In COMMUNIST China, the people have more say and that's true free market for ideas.

Anonymous said...

These are your FTs...second or third grades who cannot get a job in the western sphere. Third class Australian graduates get recruited and paid more than Singaporeans with an Australian first class hons degree.

Oh I know....I was recruited by Australia from Singapore after I decided that the FT policy was going to destroy my future. GCT labelled us quitters back then. Good. This quitter is now going to the Netherlands despite Euro debt. .... Yet my former manager of the Singaporean company told me that I will never survive. ...

Funny, right?

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