Trump's first day at the Oval Office.

First briefing by the CIA, FBI and Pentagon

Trump: We must destroy ISIS immediately.

CIA: We cannot do that, sir. We created them along with Turkey, Saudi, Qatar and others.

Trump: The Democrats created them.

CIA: We created ISIS, sir. You need them or else you would lose funding from the natural gas lobby.

Trump: Stop funding Pakistan. Let India deal with them.

CIA: We can't do that. It is Modi in India and not Manmohan.

Trump: So what?

CIA: Modi will cut Balochistan out of Pak.

Trump: I don't care.

CIA: India will have peace in Kashmir. They will stop buying our weapons. They will become a superpower. We have to fund Pakistan to keep India busy in Kashmir.

Trump: But you have to destroy the Taliban.

CIA: Sir, we can't do that. We created the Taliban to keep Russia in check during the 80s. Now they are keeping Pakistan busy and away from their nukes.

Trump: We have to destroy terror sponsoring regimes in the Middle East. Let us start with the Saudis.

Pentagon: Sir, we can't do that. We created those regimes because we wanted their oil. We can't have democracy there, otherwise their people will get that oil - and we cannot let their people own it.

Trump: Then, let us invade Iran.

Pentagon: We cannot do that either, sir.

Trump: Why not?

CIA: We are talking to them, sir.

Trump: What? Why?

CIA: We want our stealth drone back. If we attack them, Russia will obliterate us as they did to our buddy ISIS in Syria. Besides we need Iran to keep Israel in check.

Trump: Then let us invade Iraq again.

CIA: Sir, our friends (ISIS) are already occupying 1/3rd of Iraq.

Trump: Why not the whole of Iraq?

CIA: We need the Shi'ite gov't of Iraq to keep ISIS in check.

Trump: I am banning Muslims from entering US.

FBI: We can't do that.

Trump: Why not?

FBI: Then our own population will become fearless.

Trump: I am deporting all illegal immigrants to south of the border.

Contributed by Virgo in a comment. I upgrade it to a post.

Bukit Batok - The $1.9m riddle, whose money?

What is this $1.9m upgrading package? To me it is a simple number  but why are the politicians fumbling with this number like a hot potato and could not get it right? Hey, I expect politicians to know how to count, to know how to get their numbers correct.  Murali said this $1.9m is part of the $24m package David Ong proposed for the people of Bukit Batok. Then why not say so, why not say it is $24m and not a miserable $1.9m. To those expecting and waiting for the $24m package, this looks like loose change, short changed.

Murali finally qualified to say that the $24m works out to be about $4.5m a year. He further qualified that some projects already completed, some work in progress, so the balance, does it work out to be precisely $1.9m? What is this $1.9m, work not started yet, new projects or projects initiated by David Ong? Or is the $1.9m projects the sole initiative of Murali so he has to say this separately to distinguish himself from David Ong? What is what now?

As a layman, what the Bukit Batok residents may want to know is where is this money coming from? Are they the resident’s money from the Bukit Batok constituency, or general tax payers’ money or are they the PAP’s money? This point is relevant to the question raised by the SDP about pork barrel politics, about vote buying.  The PAP said there is nothing to do with vote buying, so the money is rightly to be the residents’ money and the PAP is just managing the money and using the residents’ money to improve the estate. This sounds right, it is the people’s money and only how to use it in the best way to benefit the people. If it is the PAP’s money then the allegation by the SDP for vote buying may have some basis to work on.

Can I thus conclude that the money belong’s to the residents, is there waiting for the MP/Town  Council to propose how to use it in the best way for the residents? If this is the case, can Chee Soon Juan also promise to use the same money, the residents’ money to upgrade the estate that he thinks best when the residents give him the mandate by electing him as their MP? Can right?

So if Chee Soon Juan would to promise the residents that he would use the same many, the residents’ money to upgrade the estates for the residents’ good, would he be accused of vote buying? No right.

Let me organize the facts to make it clear to the residents of Bukit Batok and Singaporean.  The $24m is the residents’ money and David Ong had proposed how it should be used for the residents when he was the MP. Would this plan be changed because there is a change of MP? It should not right? Or even if it should, the money, the balance that has not been used should still be available to the new MP to use for the benefits of the residents right?  Oh, caveat, in a GE, when there is a change of MP, the money not used must be transferred to a reserves fund, cannot be touched by the new MP from another party even if it is the residents’ money. Don't ask me to explain the logic or stupidity of this provision. I am not a party to it. It looks mischievous. The money is not earned by the MP investing in some clever bonds. The money are contributions, collections from the residents. Why should a new from another party be deprived from using it for the good of the residents?

In the case of a by election, would the same rules applied, ie, the new MP cannot touch it if he is from SDP and not from PAP? I really dunno.  The basic question, whose money is it? The residents’ or the party’s?

There is this money paid by the residents, amounting to $24m, some spent, some on the way, some still available. Can Chee Soon Juan use this money to upgrade the estate and proposed his plans to the residents and not be accused of vote buying?

What is the issue, what is the problem? $1.9m or balance of $24m? If Murali can promise the residents with the residents’ money, why can’t Chee? It is definitely not the PAP’s money right?

The Horrendous Plans of the Anglo European American Jewish Zionism Against Asians and Africans

                              The Horrendous Plans of the Anglo European
American Jewish Zionism headed by the Rothschilds, the Rockefellers and the
Illuminatis.


Previously I had written on how the West  (  The Europeans' )  foreign
policy and blue print for conquests and world domination was based on their
Doctrine of Christian Discovery and subsequently over the years expanded by
White Americans into a more evil Doctrine of American Manifest Destiny and
the monstrous  American Exceptionalism. I will not delve into these
doctrines in detail . These evil doctrines can be accessed in Google when
you type in the titles of the three doctrines. Briefly white men inclusive
of White Americans claim their God has given them the divine right to take
and conquer non-Christian lands and to kill all the natives of these lands
if they refused to be converted to their faith. American Manifest Destiny
deprive all native Americans of their rights and title to their lands and
properties and claims Americans have the right to expand its  frontiers
both on land and sea without limits. American Exceptionalism empowers White
Americans  -  USA  to assassinate foreign leaders who don't toe the
American line and to carry out regime change. To know who were the leaders
assassinated  and which  countries were regime  changed by CIA , just type
in Google ,  "Foreign leaders assassinated by CIA "  or  " Countries
subjected to regime change by CIA  and you will get the details.

But now an even more horrendous Anglo European American Jewish Zionism
policy is in the offing.  This satanic group is headed by the
Rothschilds,the Rockefellers, the Illuminatis and well known American
bankers in the Citi Bank , J.P Morgan , Well Fargo Bank ,Bank of America
and the Free Masons. They are working in collusion with the rogues and
scoundrels in the US government, the CIA, The Pentagon, Congress, The
Senate and the House of Representatives.

Why is this group so frightening and scary?  They say the world is  now
overpopulated  with Seven Billion people and there will not be enough
resources to serve everyone. They asserted that the world population should
be reduced come what may  to just about one and a half billion people.
They argued that majority of the world's population is found in Asia and
Africa and it is time to find ways and means to reduce the number of Asians
and Africans. They have decided that it is only  through a combination of
methods but largely through wars that  the Asian  and African population
can be reduced drastically. For the wars to accomplish its results they
must be fought in Asia and Africa and they always have plans for perennial
wars in Asia and Africa.


Their strategic new plans call for  (1) impoverishment of Asian and African
countries (2) Clinically and genetically manipulated changes of DNA of rice
seeds so that the  growing of rice will result in infertility of  rice
eaters. (3) Control of  pharmaceutical products for Asia and Africa
designed to a slow but long process of poisoning Asians and Africans
resulting in sickness like diabetes, cancer, heart disease, infertility and
other related diseases. ( 4  )  Chemical fertilizers that poisoned food
crops and the soil cumulatively over a long period,  ( 5 )  Insecticides
that poisoned the food crops and the soil like DDT.  ( 6) Wars of
decimation.

The impoverishment of Asians and Africans are carried out  through two
distinct direct but related methods. One is to attack and weaken the
financial and economic structure and well being  of the countries of the
two continents. The other is to create instability and destability of the
Asian and African countries by provoking hostilities and wars among the
countries in the two continents.

In the financial and economic front the attack is frontal through the
manipulation of the American Petrol Dollar as a standard of international
exchange. Every country which wants to buy or sell products to America or trade round the world must
use the Petrol Dollar to trade. There is a clear disadvantage to Asian and
African countries because US is always manipulating the currency to its
advantage at whatever circumstances  it determines. US rogue bankers and
stock brokers will always cheat and swindle unsuspecting Asians and
Africans by selling them toxic financial products like mini-bonds . Be wary
of European and American private bankers who will use the billions of
dollars entrusted to them for sound investments by the  Asians and
Africans but instead they will always misuse it  to deal with endless
trading in derivatives which  is nothing but pure gambling. In such cases
win or lose the bankers will always first award themselves by the millions
or billions as service charges. Derivative trading is nothing but a super
casino which together with the Petrol Dollar and the financial toxic
products are a form of American financial terrorism  on unsuspecting Asians
and Africans. These financial loses will result in the decline and
weakening of  the Asian and African economy and ultimately a fatal blow to
human survival.

Creating wars , instability and destability is the bench mark of American
foreign policy which devolve from their doctrine the American Manifest
Destiny  and American Exceptionalism. The Americans will always sow
suspicion , descension and create instability and hostility among the Asian
and African countries. It will then carry out endless propaganda of
misinformation and disinformation with a lot of  lies, half truths and
insinuations to a crescendo before it starts the wars among the
unsuspecting Asian and African countries. The Americans are the masters of
sheding blood behind the scenes. They have succeeded in making the Arabs in
the Middle East going after each others throats. The Americans will just
reap the harvest and enrich themselves by selling obsolete weapons to the
warring factions and at the same time test their new weapons in attacking
the factions which do not toe the American line. America is trying to
create the same scenario in Asia. It is trying to create civil and
international  wars among the Asian countries like divided Koreas, divided
Chinas  - Mainland China and Taiwan, foment wars between Japan and China,
between India and Pakistan, between India and China and between China and
the Viets and Pinoys. In this way the Anglo European and American Jewish
Zionism  led by the Rothschilds, Rockefellers, Illuminatis, Freemasons and
other big American bankers as well as the rogues in the American government
inclusive of the President, Senate, Congress , CIA and the Pentagon will
have succeeded to see how Asians will have died by the billions in a great
nuclear war among the Asians. This will definitely decimate Asian
populations by the billions and fit in the ruthless plans of the evil Anglo
European And American Jewish Zionism headed by the Rothschilds, the
Rockefellers, the Illuminatis and the rogue and scoundrels of the American
government.

The American pivot towards Asia especially in the East China Sea and the
South China Sea is just a cover for American covert and overt plans for
wars and destruction among Asians .  In the aftermath of these wars America
hope to seize the opportunity to dominate and control both the East China
Sea and the South China Sea and together the rich oil and other mineral
resources under the sea bed  and to dominate the whole of Asia under
American hegemony. It will be a hopeless dream for America for under such
scenario there is no guarantee that Russia and China will not carry out
full scale nuclear attack on America and thus resulting in not only mutual
destruction but ultimate total destruction of the entire humanity on earth.

A desperate bankrupt America must not be allowed to destroy the world under
whatever guise and pretext.

Southernglory1

Friday, 29th April, 2016The h

By election to vote for a new MP for Bukit Batok?

Does anyone know what they are voting for in the by election? Sure, we are voting for a MP. What is a MP? A MP is a member of Parliament. Is it? I thought they are voting for an estate manager.

Ya hor, they all talk about improving the estate. Some want to do this, some want to do that. Do they know that they are supposed to be member of the Parliament? Or should they change the election to By Election for an EM? What is an EM? You did not  misspelt it for EP right? What EM? Estate Manager lah.

Ya ya, they better vote for estate manager. No need to attend Parliament sitting, got more important things to do than to attend Parliament. What for attend Parliament, talk, talk, talk and ask question only? Voting decided by the Whip, so no need to think, to agree or not to agree, understand or not understand the bills never mind, just vote when told to vote lah. No need to know what the bill is all about also. Absent from Parliament how to know? But when people ask, cannot say like that. Must you know what you are voting and you agree with the bills not because told to vote against your will, values, principles, or lagi best, dunno what the bill is all about.

What is more important in an election for an EM, oops I mean MP? To be representative of the people, to speak for the people, to make sure changes in govt policies, in laws, should benefit the people. But how to make sure when you can only vote what the party tells you to vote?  Or when you don’t even have time to attend Parliament? KNN getting $16,000 plus plus to be MP but got no time to attend Parliament. How can like that one?  Everything part time, attending Parliament also part time.

Ya hor, no wonder no need to attend Parliament. Like that all election should be called election for an estate manager. No need to waste time to attend Parliament. No need to call them MPs or Members of Parliament. No need to pay them MP allowance of $16,000, got bonuses some more, for not attending Parliament. Just pay them market rate for an estate manager enough leow.

What do you think? You know what is an MP or not? Yes, yes, an MP is an estate manager. Tiok, pass.

Vivian wants Japan to sustain its role in SE Asia

Vivian is in Japan and encouraging the Japanese ‘to sustain its role in SE Asia’, to be more involved as a part of South East Asia or Asia as ‘Japan is also integral to the stability and prosperity of Asia’. History students and the senior citizens of Singapore and Asia would have a very different view of what Japan meant to the stability and prosperity of Asia. Vivian better don’t ask them for a view on what he said in Japan.

Japan was very active and destructive during the Second World War, to include South East Asia as part of their grand plan for a East Asia Co prosperity Sphere, ie the Japanese Imperialist Empire. And in their implementation of this plan for co prosperity of East Asia, it was not about stability but conquest. The plan was the invasion of Asia and South East Asia that led to great pains and sufferings and millions of death to Asians and South East Asians. The countries in the region were invaded and colonized and looted, their people raped and killed en mass.

When talking about stability and prosperity in Asia with the Japanese, one must not talk blindly, in a vacuum, unthinking and without reflecting on the meanings of such terms in the minds of the Japanese and to those who had suffered under Japanese brutality.  For children born after the war, and if they did not read history or their parents did not tell them what happened then, they may think that Japanese are all wearing suits and ties and very nice people. They have different plans for the Asians and South East Asians, and stability and prosperity in Asia meant different things to them. And inviting the Japanese to sustain their roles in SE Asia, without qualifications, without understanding history, is a dangerous and uncalled for remarks.

Japan should be invited to play an active role in the prosperity of Asia from the economic point of view ONLY, and not security and definitely not a military one. People who don’t learn from history are likely to ignore history and repeat history and suffer the same consequences of their forbears.

Japan was not an angel like they want to present themselves today. Japan’s role in South East Asia in the past was that of an invader, an occupier, colonialist, imperialist, and barbaric, killing and looting Asia and SE Asia. No one in his right mind would want to invite Japan to play the same barbaric role as invaders and conquerors of Asian and SE Asian countries all over again.

The militarization of Japan and the tearing away of the Pacifist Constitutions should be taken heed, that Japan is reverting to its military past and wanting to go to war again. The Japanese ambition as a military power at the expense of Asia and South East Asia must not be simply forgotten and taken lightly. Invite the Japanese to grow and prosper with Asia and South East Asia, but the Japanese must be reminded that their military ways would not be welcomed unless these countries would not mind being invaded once again. Do SE Asians want to suffer the same fate as their forefathers under Japanese rule?

Singapore would not want to be ‘Syonan to’ once again. Singaporeans would not want to sing the Japanese national anthem once again. Singaporeans would not want to be butchered and beheaded and shot at point blank by Japanese soldiers and buried in Tanah Merah or Blakang Mati Beaches. The Singaporeans killed were literary digging their own graves, forced by the Japanese soldiers.

Singapore must really teach history all over again to make the young Singaporeans smarter and wiser, especially to those born after the war. Many did not know what they are talking about.

SDP unprepared for By Election

Tharman has taken the first shot at the SDP that they were unprepared for the by election. That must be the truest of all the statements made so far. How could SDP know that there will be a by election coming so soon after the GE and be prepared for it? I don’t think anyone in the SDP could foresee that something like this would happen and be prepared for a by election. Only those who knew what is coming could be prepared for it.

Is the PAP prepared for this by election, knew that it is coming? Who knows better, but PAP is surely more prepared than the SDP or Tharman would not be using this as a strong point to use against the SDP.  SDP is unprepared, heheh, we are.  PAP is prepared and ready for the by election with its new programme launched by Murali. Is the new programme similar to the programme David Ong promised the residents of Bukit Batok? Some numbers were quoted, that David Ong’s programme was very comprehensive and amounting to $24m while Murali was talking about $1.9m. Please enlighten me on this.  Oh, before I forget, let me use the often uttered phrase by the rich people. What is $1.9m? This is even less than one year’s salary of a minister.  Maybe Murali was talking about a small portion of the programme or the $24m was the whole programme that includes other constituencies. SDP must be forgiven for being in the dark about this whole affair as they were not a party to it. Sure, they don’t know.

A word of advice to all the opposition parties, please be prepared for more by elections and not be caught with their pants down and got to make last minute plans and programme changes. The PAP is always prepared for all contingencies like surprise by elections. This is something that the opposition parties can learn from.

Ok, SDP, please admit that you did not see it coming and therefore not prepared for it, unless they knew what was happening in Bukit Batok’s grassroot affairs.

Stupidity has no cure

Good news for remisiers and investors. The SGX has signed an agreement to bring in more red chips to improve the vibrancy of the stock market with more new and promising stocks from China. With the experience we had with CLOB shares and the first generation of red chips, SGX must have learnt a lot of good practices to introduce into the system before bringing in more red chips into the market. I am very sure they knew the risks involved and have done their homework to make sure history does not repeat itself and Singaporean investors would not be robbed once again. I am very sure many safeguards have been put in place by now. No? Doing the same thing all over again?

Let me try to recall what happened. My memories are fading fast, maybe getting dementia soon, how many red chips were IPOed here and how many left, yes left got two meanings, left the market, delisted or simply disappeared, or left in the market that you need to scratch with a changkol to find them? And how many are left with prices that are more than 10c, how many are left with prices that are 1c or less than 1c like 0.1c or 0.2c?

Don’t get me wrong for bringing up such memories. I know some are making good money by trading in these micro value stocks that can double in value by moving just one bit like from 0.1c to 0.2c. From a $1m investment it can become $2m if the stock moves by 0.1c. This is very, very attractive, better than buying Merrill Lynch, City Bank, Goldman Sach or SBC.  If more stocks in SGX are 0.1c, there will be more opportunities to double your money.

Another point, when new IPO red chips are brought in, there is likely to be a new round of euphoria and with more suckers coming in to chase up the prices. My advice, oops, cannot advise, just my wild guess, if new IPO red chips are in play, it may lead to a secondary play in the tired and retired micro chip stocks of 0.1c. When the attention is turned to these micro chip stocks, there will be good opportunities for some to double their money for sure.  This is the silver lining in brining in more red chips into the market.

And for sure, the stock market will be more vibrant with more new investors rushing in with their money to invest in the red chips, for the long, long term. Just be warned, investment in stocks is for the long term and one must be prepared to hold out for 20 or 30 years and 0.1c stocks could turn into diamonds and worth like diamonds.  Oh, let me balance my views, micro chips of 0.1c can run up to several cents, those new red chips of several cents or dollars can also run down to 0.1c. Historically this has proven to be possible. Must be the work of gravity I think.

Trade with care and make a lot of money if you can. Get your savings ready to invest in the red chips that are coming this way. Just be prepared for the long haul.

I have a suggestion, not sure if this is good or not. All the new red chips should have a prefit CE in front of their names, eg Spring Chicken should be listed as CE Spring Chicken.  CE is not meant to be abbreviation for China Equity or Cum Entitlements. It is meant to be Caveat Emptor, ie buyers beware.

Singaporean Winsemius trained to become dish washers and security guards

Does anyone bother to think how many Singaporeans out there that have enough training, education and experience to become the equivalent of Dr Winsemius to many third world developing countries? We have a very big pool of experts in many fields that would be most welcomed by developing countries to offer them advices in national development, infrastructure building, city planning, setting up govt agencies, setting up industrial parks and businesses. These experts were directly involved in the building of a world class city, not the so called experts from third world countries that ran rundown third world cities and infrastructures and continue to run them like slums and shabby towns and being called experts and invited to run first world cities.

At the next level, many of these senior managers, CEOs, engineers etc, could become resource people to developing countries, to UN agencies, where they could contribute productively to these countries and their people. What is happening is that many of these experts and their expertise are not recognized or treasured, and instead they are being herded like no brainer sheep to be retrained to be cashiers, sales workers, taxi drivers and of course security guards.

Many of our oldies are real treasures like the Chinese saying, 家有一老，家有一宝. It is so sad that these treasures are wasted by the fools who could not see any use in them. A friend said many of the pioneer generation seniors are already trained by the military and the police during their NS days and reservist obligations. In times like this, when more manpower is needed to keep a look out and prepare for terrorist threats, who would be better and more cost effective and dependable, safer to trust than the pioneer generations to take on these roles?

It would need some organization, some retraining, reskilling and mindset, to organize the pioneer generations to guard our country and homes, to protect our own people, our families instead of depending on queer foreigners whose backgrounds are unknown and pose greater risk than security to our country and people?  The naivety of Singaporeans to be so trusting of foreigners is a danger to the security of our country.  When redeploying the seniors, do not expect the seniors to work for free but they would not be demanding millions to serve the country, to protect the country.

It is time to put on the thinking hat and make use of the pioneer generations productively and in a meaning and useful way for the good of the country. Dad’s Army may be a comedy, but our pioneers, those that are still clear in thinking and physically able, could be a force to be reckoned with, given the financial and organizational support instead of being wasted away. Some can be Winsemius, some can be the guardians of our country, the country they built and will die for.

The amount of money wasted in the SkillsFuture Scheme can be more targeted and be made to be more useful and meaningful if more thoughts are put into it.

Water shortage, drought, Linggui water level lowest

There is a new awareness that there is a water shortage among the Singaporeans. Some are showing signs of panic and are demanding for more severe austerity drives from the govt. Make the people feel the pain!  A few forumers are parroting these same unthinking lines that the people must be made to feel the pain, make them pay more to know the value of water. Well this kind of stupidity is now in the DNA of daft Singaporeans. And they even quoted half baked foreigners to support their stupidity, wanting to pay more for the water they are consuming. Someone is quietly smiling in the corner, knowing that his million dollar paycheck would come in time with stupid people so happy to pay more taxes.

Didn’t these clowns know that Singapore is planning to double its population to 10m? If Singapore can afford to double its population to 10m, how can there be shortage of water? Do these people really think the govt are fools, not enough water still want to have 10m population? Cannot be right?

Now stop crying out loud for more restraining measures to control the use of water.  Understand how much is needed per person first. Don’t anyhow shout about the average and people must use less than the average. I bet the average for the foreigners are lesser, because they don’t bath like daft Sinkies do. They no need expensive shampoo and scented lotion to go with it. They don’t mind smelling like they are and daft Sinkies like that too. Once you get use to the smell you may ask for more, and not having them may have withdrawal symptoms and side effects.

This may be a good thing that the foreigners can teach the daft Sinkies, use less water by not bathing and get use to the smell. The pigs are very happy with the smell in the pig sty. They will ask, what smell, where got?

Oops, I digress. Come to think of it the daft Sinkies are really daft. There is a real need to increase the population to 10m. This will improve our water resources. Instead of 5m people peeing, we have 10m people peeing into our reservoir to provide more liquid for our Newater.  Such liquid is independent of rainfall. Got rain no rain, they would still pee.  Daft Sinkies are just too daft and cannot see further than their nose and the long term plans of the govt.

Last year new citizens increased by 20,815, PRs by another 29,955, netting  57,700 more head counts, plus our 30,000++  babies these will give a total plus side of nearing  90,000 in a year.  The govt is meticulously and conscientiously working towards the 10m population goal to increase our water supply. Not to worry, everything is planned for the good of the people. When the population is 10m, our water problem will be solved. No need to panic that we would not have enough water. No need to worry.  No need to increase water fee. Trust the govt.

Be smart, don’t be stupid. But if you are stupid enough and want to pay more for your water, go ahead. No one is stopping you.

Train, train, train…what, what, what?

Calm down Boon Wan, I am not talking about you. Neither am I talking about the train breakdowns that you are desperately trying to put them together. Really, no body really cares anymore about train breakdowns. This is the new normal of a 3^rd World country.  Everytime when people hear the announcement of train breakdowns, they burst out into laughter. It is now a joke.

The train I am talking about is this magic word or magic cure called training. Singapore can solve all its problems with training. We can even teach old dogs new trick by training them to be professors but to work as cleaners. What we need to do is to train. Never mind what kind of training, never mind if the training is relevant or irrelevant, never mind if the cost of training is too prohibitive for the little rewards, and never mind if the cost fee is too little for a course that is meaningless. Just send the people for training.

Training is now an obsession in this silly little piece of rock when inside the head is replaced by a piece of stone. Ok, let me be more generous, inside the head is a piece of computer chip that will respond to the input, GIGO. All it needs is for someone to mention the word training and training becomes a magical word, a magical cure for everything, better than Tongkat Ali.  Maybe that is the reason why they are sending the grandpas and grandmas for training. $500 can buy a lot of Tongkat Ali, I am told.

We have a nation of trainees, from foetus to babies, to pre schools, kindergartens, primary school, all the way to universities, even to train retirees in their golden years. Now more professional academies are sprouting out to train professionals as if the universities did not do their jobs or the professionals are incapable of doing what they are doing, or obsolete. How much more training and training money must be spent before we maxed out in this training craze to know that no amount of training can cure stupidity?

Did anyone ask the foreigners, so called talents, how much training did they received in their entire lives, and why are they better trained than Singaporeans and better equipped with better skill sets to replace all the over trained Singaporeans?

Would there be a case when an over trained Singaporeans was replaced by an untrained, half trained or never trained foreigners with a fake degree? The big question, why are the half trained, poorly trained or untrained foreigners swarming all over the island replacing the over trained Singaporeans and the government’s only solution is to send the replaced and so called no skill set or obsolete Singaporeans, despite all their experience in what they were doing, for more training?

I am still very puzzled by this riddle. A nation of highly educated people, all found unsuitable for simple jobs, not highly technical and specialist jobs mind you, and being replaced by people from the third world who could not do anything good in their home countries, who could not find jobs in their own countries?

How silly can this state of affairs be? Yes, the once highly skilled, hard working and proud Singaporeans that built a modern city state good enough to be the envy of the first world, are now being replaced by the unknown herds from the third world countries. It is simply unbelievable! And the govt thinks the only solution to help these silly over trained Singaporeans is more training?

And of course there is the special elite core that does not need any training and can become experts overnight in any field, any industry and being paid millions, through political appointments to be CEOs or Chairmen, advisors and what not all over the island. This group does not need any training at all, the proverbial knows all or smart alecs.

But this funny state of development, whereby people get more stupid or useless the more education and training they received, has no exception. This may be what the believers of gods and fairy tales will say, it is heaven’s will or 天意。We are seeing the beginning or the end of this once proud and hardworking people. They are destined to be taken over and ruled by third world so called talents that they believed are better than them, people who can’t save their countries, unable to find jobs in their countries, unable to build their countries.

Is this a joke? How could this happen? I dunno what to say. Go train some more to become taxi drivers and security guards, to be trained to go to third world countries to compete with them in their home ground since they are useless in their first world country called Singapore.

Now, whose brilliant idea is it to train first world useless but highly educated people to work in the third world for small change? And these foreign talents are invited to live in the heartland to integrate with the heartlanders to improve the stock.

Dunno want to laugh or want to cry.

PS. Daft sinkies are on a perpetual training mode. Dunno training for what and how much training is enough. Actually the daft is at the top. The Singaporeans are made daft by the real daft at the top.

OBOR – Strategic irrelevance

Some Asean countries are still thinking of wrestling with China for barren rocks and reefs in the South China as their national priorities, and wanting to buy more weapons for a military contest, China is moving along with the One Belt and One Road strategy that would change the way trade will be conducted in the region and the whole world. The strategic importance of the Straits of Malacca and the Isthmus of Kra would become strategic irrelevance when China completes its international high speed train network across Europe, to Africa and to the Americas. There would be no more needs for a large sea going ocean fleet to transport goods to and from Africa and Europe to China and even to the Americas. The efficiency and cheaper cost of going by land in high speed train, cutting time and distance, would make transportation by ships obsolete. China could move goods to and from Europe and Africa by passing South and South East Asia completely.

The little consolation and consideration for the One Belt portion of OBOR is to cater for the needs of countries like Indonesia and the Philippines that trains could not reach them. The game of trade through sea ports would be totally changed.

What about Singapore becoming irrelevant in the game plan? If Singapore and Malaysia would play the game right, both could be playing a new role as the new trading centres and the terminals for high speed train. All goods from and to Indonesia could land in Singapore and go forth by land to Asia and Europe in double quick time. The caveat, if the high speed train terminal landed in Singapore. Missing this boat will mark the end of Singapore as a trading centre for the region.

China is playing on a chess board that is as big as the whole world while the Asean countries are bickering over the South China Sea and thinking that it could hold China to ransom by choking up the Straits of Malacca. The Chinese have thought through their strategic interests and have mapped out their plans, on land, by land and minimizing the need for sea transportation to a minimum.

The OBOR and the high speed train and road network across Asia to Europe and Africa are game changers to a new world of global commerce.

Fixing Singapore’s meritocracy for the good or bad?

Kenneth Paul Tan wrote an article titled ‘How Singapore is fixing its meritocracy’ in the Today paper on 22 April. He described the history of how meritocracy first started in Singapore when education was the first leveler, where everyone of merit could get a scholarship and rose through the ranks and became a mandarin in the civil service.  He then went on to describe how this innocent brand of meritocracy got corrupted and drawing cynicism when meritocracy transformed into elitism and cronyism of the elite. Here I quote him, ‘Today, the Singaporean idea of meritocracy is criticized for entrenching structural limits on mobility, for its overly narrow idea of merit and success, and for an increasingly self regarding elite that seems too interested in staying in power and that citizens perceive as arrogant and unresponsive to their needs.’

The powerful political elite took notice of the growing discontent and have put in some measures to redistribute the wealth by straying into a taboo area called welfarism, a slightly leftist leaning policy that was once frown upon.  What is strange is this comment about anti welfarism. ‘To discourage free riding and maintain business competitiveness, the Government developed a strong anti welfare state rhetoric. It started to pay its top officials and political leaders some of the highest salaries in the world…’  Now what is he saying? To me isn’t this welfarism at the highest level, welfarism for the elite? It is a matter of perception of course.

What many knew but refused to talk about in the fixing of meritocracy is the entrenchment of wealth and power of the elite through the abolition of estate duty. Now the elite could own as many properties as they want, in the tune of hundreds of millions or billions to be willed to their natural aristocratic scions.  The act of self preservation and protecting their wealth for generations to come, a practice that eventually led to the revolution in Europe, Russia and China and the rise of Communism, is now fixed into the Singapore version of meritocracy. A meritocratic family could now be meritocratic for generations to come with their wealth preserved and protected forever and ever, to live happily ever after, unless a bloody communist revolution cut them down to ground zero.

This piece of fixing appears to be well received by the landed gentry and elite, all owners of large properties and land and have nothing to complain about.  They would not complain about its negative repercussion to the social cost of the people. When the rich know that they could go on buying up all the land and landed properties for safe keeping and to perpetuate their wealth to eternity, it simply leads to the hoarding of properties and the rise of property prices.

The poor and not so rich would never ever to be able to catch up with the runaway prices of landed properties hoarded by the landed elite. The elite know the rules of the games and how to protect themselves and their wealth. Landed properties are now worth several tens or hundreds of millions of dollars and would soon be the most expensive real estate on earth.

Social mobility and meritocracy appear to be thriving. But how many of the nouveau riche could make that kind of money in a life time to afford landed properties in the future, now in the hands of the rich elite, entrenched and enshrined as their inheritance for generations and generations to come? Even the civil servants and politicians of the future would have a hard time paying for such out of reach landed properties with their million dollar salaries.

But not to worry, the politicians of the future will know what to do if they want to lay their hands onto these prized and exorbitant pieces of landed properties. They could simply reintroduce estate duties all over again to level the playing field. In a democracy, this is the easiest part. Even dynasties could not hold on to their fortune forever.  The landed gentry class of medieval era were wiped out when the extremism of inequalities reached a point of no return. The unproductive land and property owners would not have their cake and eat it. Les miserables would rise to overthrow a decadent system of wealth preservation at their expense.

A strange assurance from the MOE

MOE assures a concerned parent that creationism ‘is not part of syllabus’

BY ARIFFIN SHA ON APRIL 23, 2016

In a series of sermons addressed to the megachurch Faith Community Baptist Church, Pastor Lawrence Khong launched a tirade against the Theory of Evolution. In one such sermon, which you can view a snippet of here, he argued that Darwin's brainchild was "a real deception from the Devil."

“Every day we are subjected to a worldview that is a real deception from the devil. For example, I mean the world is telling us that evolution is a fact, undisputable. It is taught in schools. But the fact of the matter is I will be exploring with you that you could hardly find any evidence of true evolution. And in fact, evolution is based on faith and not facts.  In fact, if we study the different theories, we find that creation has the most evidence to show us that indeed there is a God who created us.”

-          Lawrence Khong

The above quotes were from TOC.

I am not sure why MOE has to assure the parents that creation is not part of the syllabus in schools. For MOE to state this implies that this must have crept up somewhere in their discussion or creation has been discussed by some quarters.

A truth is a truth. A scientific truth is a scientific truth and can be verified. If it is not it is not. If a scientific truth cannot be verified, I can say for sure, the scientist is the wrong that is making the wrong assertion, not the devil.  

A belief is a belief. No need any verification. Just belief. That is why it is called a belief. That is why it will always be a belief and subject to controversies and discussions with one side trying do shout down another in order to claim that it is the truth. A scientific truth is just that. No need to shout at everyone and forcing others to believe that it is the truth. Is that simple enough to separate truth from a belief?

I have no quarrels or issues with people who want to spend their lives fearing the Devil and loving God and explaining everything in life as a tussle between the Devil and God. These two beings have been fighting since time immemorial and will still be fighting in the lives of those who chose to take sides and think everything in life is either the work of God or the work of the Devil.

I think there is more to life than just fearing the Devil and loving God. Let the two giants fight their everlasting battle of existence. The small little human beans have a life to live, to make meaning of live, to experience and grow, to feel the goodness, the bad, the pain, the sorrows, the joy and ecstasies of life, of being alive, to have a chance to live to know what life is and being alive is all about.

For those who chose to live life fearing the Devil and loving God, as long as you are happy that that is the meaning of your life, good for you. Do not impose or expect others to live your life and your beliefs. It is a choice, a personal choice, to live one’s life the way one wishes.  If your belief is the truth, after so many millennia, the truth should become unquestionable, and not still a controversial belief.

1 + 1 = 2. That is the simple truth. If people are still not sure and just believing that 1 + 1 = 2, then it cannot be the truth. If 1 + 1 is not equal to 2, I will not believe that it is the work of the Devil for being so. If my life is not going the way I want it, I will not blame the Devil. Neither will I thank God if my life is a little better than it should be. My life, how I live my life, has nothing to do with the Devil or the God. I don’t have to blame the Devil if things did not go well, and I don’t have to give credit to God if things go well. If the belief is what it is, the two would be too busy fighting each other in their unending battle of Creation.

Bukit Batok By Election – One simple question

Bukit Batok residents should ask the two MP wannabes one simple question. We are going to pay you $16,000 a month, plus bonuses and other tangible and intangible perks. Would these be good enough for them to serve full time?

If the answer is yes, good. Vote for him. If not, ask him why? Money not enough? $16,000 plus plus not good enough for an MP to serve the people full time? Hey, $16,000 is a lot of money you know. The cleaners only earn less than $1000. The sweepers also earn less than that amount, so do the toilet cleaners and security guards. Even an estate manager in any big development would barely be paid half of this sum.

$16,000 not good enough? How much do you want to serve full time? $20,000, $50,000 or $100,000? An MP’s job is very important you know. You don’t think an MP job is masak masak, can do part time, walk about only on weekends and at night.

With $16,000 we want a full time MP. Take it or leave it. We want full commitments and conviction and dedication to do the job, as an honourable MP. We are voting for more than just an estate manager, an MP that looks after us and national issues and represent us in the Parliament, not absent from Parliament. An MP’s job is not chasing after soiled pampers or kissing dogs and cats, or kissing babies only.

The people of Singapore must raise their expectations of what an MP is all about if they are going to be paid $16,000! Of course lah, to some $600,000 also peanuts and would not be able to appreciate how much is $16,000 or $1,000.  Such amounts are small change, not worth a second look, not worth a full time devotion to the job, got more important things to do to make more money. When people look down on $16,000, you know what kind of people they are or what is in their minds, what is more important to them.

Who would you vote for, an MP who would serve you full time or one saying he could only spare you some of his time, part time? Just ask, $16,000 full time, want or not? If not, next please. Have you heard of people sneering, ‘What is $10 million?’

China should tell the American gangster to ‘Fuck Off’

China used its military plane to ferry some injured workers from the South China Sea. And the American gangsters think it is their right to demand an explanation from China as if they own the islands and China is one of its colonies. China should simply send them a letter with two words, ‘Fuck Off’.

Who do the Americans think they are? The Empire of the world and can go around demanding other sovereign countries to explain what they do in their own countries? China and countries of the world should not fall into the trap of responding to the demands of the international gangsters. By replying and explaining what they are doing is in de facto acceptance of recognizing the power of the Empire and to submissively try to explain and justify their actions. Malaysia did the right thing by telling the Americans, yes, fuck off, on the American reports on human rights abuses in Malaysia.

China and countries of the world might as well start to question the Americans for everything they did inside America, like the silly presidential candidates meddling with other countries domestic affairs and criticizing and attacking the rights of other countries and the wars all over the world, the killing of Saddam Hussein and Gaddafi. The thing is that most countries did not have the time to bother with this international gangster and just let the Americans behave like rogues all over the world.

How about China and Russia conducting freedom of navigation around Guam, Diego Garcia, Hawaii and the Carribeans?  Of course they are not so silly to want to waste their resources and tax payer’s money on such silliness. Both did not have wild ambitions to want to rule the world. Only the Americans can make their tax payers pay for such nonsense and counterproductive acts, freedom of navigations, conducting war games all over the world, raising tensions and inciting wars.

Rail Academy to train more rail engineers

Former NTU president Cham Tao Soon has been appointed to assist in the setting up of a Rail Academy to train rail engineers. He said we have lost time and needed to catch up to train rail engineers and develop a workforce for the industry. This new approach of planting our own timber instead of hiring ready made talents from other countries would also serve the goal of building a Singaporean core in the industry.

The SGX also set up a SGX Academy to train better remisiers and specialists for the stock broking industry. Hopefully after all the training the remisiers will be earning more than the cleaners. It would be funny if remisiers have to attend so many courses and training and acquiring so many certificates and qualifications to become specialists and earning just as much as a cleaner. The effort would be a big waste of time and resources, might as well enjoy the more easy and carefree life of a cleaner, no need to attend courses and worrying about the punitive fines for making trading mistakes or violating trading rules and regulations. Anyway it is always good to go for training when one has nothing better to do.  Oh today they call this upskilling. Maybe remisiers should be encouraged to upskill, to multi task and multi skill and acquire a taxi driving licence as well.

With this great interest in training as if training is the solution to all our problems, it is strange that the banking and finance industry is still not moving to set up a banking and finance academy to train bankers and finance specialists. Isn’t Singapore experiencing a dearth of good bankers and shouldn’t the banking industry exercise some initiative, be pro active and join the academy bandwagon? At least it cannot be accused of not doing anything after being found sleeping for the last 3 decades. Or the industry is still thinking of hiring the best foreign talents regardless of nationalities?

Oh, Yaacob should think of setting up an IT or Infocomm Academy with the big budget at his disposal. Academy trained graduates would sound so much better. It just sounds right. At the very least their certificates would be more useful than the degrees that cannot be eaten.  They should convert all the universities to academies that are producing graduates with the relevant and not irrelevant skill sets.

Articles on LKY in social media

Many articles on the commemoration of LKY were posted in the social media and their contents were mostly negative. These articles would not have appeared and the fond memories and dignified final journey would have been etched deeply in the minds of the Singaporeans forever. The appearance of these articles is starting to cast doubt and prompted people to question the contributions of LKY as a pioneering leader of Singapore. Like it or not, the debate would definitely create distortions in the minds of some and make some converts to rethink in their beliefs.

The articles appearing in the TRE, ‘Lee Kuan Yew was only human, should not be revered like God’, ‘Hard truth that PM and sis must obey’, ‘Lee Wei Ling kena Davindered into sllence’, ‘Lee Wei Ling versus Janadas on Facebook’, ‘Lee Wei Ling: The editors in SPH are too timid to disobey’, ‘Why doesn’t Harry’s daughter objected to this?’, ‘Be wary of nimcompoops and sycophants’, ‘Are Dr Lee’s concerns about ‘Pa’ being venerated?’, ‘Ho Ching apologises for ‘rude monkey’ posting’, ‘LKY glorification is not about LKY but about those who try…’, all invited a lot of comments and many from negative to very negative about LKY as the founding PM of the island.

There are many more articles floating around in other sites in the social media, and mostly did not have much good things to say about LKY and with ugly commentaries. All this is so unnecessary, the consequences of the ‘ground up’ exuberance to want to commemorate LKY’s first anniversary in a big way. Like Wei Ling said, the memories, all good, were still vivid in the minds of many Singaporeans, but now so many articles have been written about the event and tarnishing an otherwise fine ending to a long and good journey of a statesman.

What a pity. Doing so much for so little, and some turning out so bad.  In politics, a good feel of the ground is very important.  Never listen to eunuchs.

The bull about PMET unemployment

I have been writing about how difficult it was for PMETs to find reemployment after being laid off. Some took 6 to 8 months, some years, some gave up completely. And I have many sad stories to tell from the number of people in Gilbert Goh’s transitioning.org blog and their testimonies. These people could not be lying as there were real people. And I too have heard and met people that were unemployed or underemployed or simply resigned to retirement.


In the main media on 21 Apr, the MOM came out with a slush of statistics as proof that PMETs were the hardest hit in being laid off last year, all 15,580 of them. And they all have great difficulties finding new employment. The average time, in months for those retrenched or laid off to be reemployed was 2.21 months. The younger and less qualified workers could find new employments slightly faster, averaging less than 2 months. The older PMETs, above 50 and with tertiary qualifications found it more difficult, averaged slightly more than 2 months or about 2.3 months to be reemployed.


So sad, so pathetic.  Really? Let’s see, it would take a couple of weeks for anyone laid off worker to look for a new job, to send out resumes, a couple of weeks to get a reply and a couple of weeks for interviews. These processes would work out to about 2 to 3 months. And if these PMETs could find jobs in less than 3 months, averaging less than 2.5 months, what is the problem? Isn’t this as good as the perfect normal for people changing jobs?


Now, what is this great bull about PMETs finding it difficult to find reemployment? To get reemployed in less than 2.5 months is about the best one can ever get. No problem at all. Absolutely no problem.


What was this nonsense that there were PMETs taking more than 6 months or more than a year to find a job? What was this nonsense that some took several years and some gave up and retired because they could not find a job any more? Got such things or not? Real or not!


I think all these unemployment craps are hoaxes, not true. How can people say it is difficult to find another job when they could be reemployed in less than 2.5 months? What a load of rubbish Someone is lying and telling cock and bull stories. It is a very happy situation as far as I am concern if our PMETs can find reemployment in less than 2.5 months. Tiok boh?  It cannot be any better.


Something amissed? What is missing? To me there is no problem at all. It is too easy to find reemployment here if one only needs to take 2.5 months to do so. Now, where are those PMETs or young graduates that have to write a few hundred resumes and did not get any reply? Cannot be right? These people must be lying. It is very easy to get a job, the most 2.5 months according to MOM. Of course you can say you don’t believe what I am saying. But please don’t say you don’t believe MOM. And statistics don’t lie. And statistics from MOM lagi don’t lie.


There is no unemployment problem for PMETs in Singapore. Period. Getting another job in less than 3 months is like a piece of cake. You cannot ask for more.

Najib should ask ex PM Abbot, where is the MH370 wreckage

Two years have passed and there is no sign or clue on the where about of the MH370 wreckage despite spending hundreds of millions, manpower and resources in the remote corner of the Antarctic Ocean.  The most stupid thing men in leadership position could have done or conned into doing. The picture is now absolutely clear. The whole search exercise in the Antarctic Ocean was a hoax, a big wicked scheme to mislead the search parties to the wrong corner of the world and not meant to find the wreck of the MH370.

The Immarsat ping, and PM Abbot’s frantic and confident call to Najib to tell him he knew where the plane had crashed became more suspicious today and could be the only lead to the real cause of the disappearance of the MH370.  The party involved in this mysterious incident was behind the Immarsat ping and behind Abbot’s Freudian slip. Both were planted to give some fake clues to set the ball rolling into one of the most expensive and massive evil scheme in human history.

It is time to find out who is behind the Immarsat ping story and who told Abbot to tell Najib he knew where the crash site was. How did Immarsat got this ping story, planted by who? Who spoke to Abbot to tell his wicked story to Najib? Abbot could not wake up from his sleep and knew where the crash site was. Someone told him, fed him with the information and he was so happy to act as the messenger boy. Who is the source of his information?

Najib, it is time to ask your ‘good friend’ Abbot where he got his information from. Ask him to simply disclose his sources. The information for sure did not come from a kangaroo or a koala bear. Abbot is the link to the truth of the MH370 disappearance. Abbot holds the clue. Speak to him before he is silenced for good.

Also, don’t forget the Immarsat angle. They too hold the clue to the mischief creator. Who planted all the false information to deceive? Who had the reason to want to mislead and lead the search party to a god forsaken part of the Antarctic Ocean in a wild goose chase?

This case must not be laid to rest. The evil men and women must be brought to justice.

SMRT – 40 recommendations to make rail network more resilient

I read this report in the media saying 40 recommendations were made by 13 experts, four of whom were foreign experts, to improve the fault prone SMRT system. This must be expected and nothing surprising. I am not too concern about the cost unless the total amount of recommendations would be equivalent to replacing everything with a brand new system. That would be much cheaper and at least last for a few good years, and brand new some more.

The 40 recommendations mean that either the system has 40 problem areas or 40 areas that were not up to specs and thus needed to be pumped up or replaced. No wonder we have so many problems in the last few years, so many areas that needed improvement. So lucky we have these experts to look into it and could rectify these 40 problematic or potentially problematic areas.

What I am trying to find out from the recommendations by the expert is a simple answer. What is the cause or causes for the recent spate of breakdowns? My thinking is very simple. If one does not know the problem, how could one solve the problem? The 40 recommendations could be totally unrelated to the cause of the problem or maybe barely related. I still think it is important to diagnose the main cause or causes of the breakdowns if a lasting solution is to be found.

If not, the money spent may be money spent for nothing, would not help in a big way to the breakdowns. Let me give a simple example on what I am trying to drive at. A patient is in the intensive watch, dying. A team of experts went in but could not find the reason for his illness. After several weeks of diagnosis they came up with a list of recommendations. The heart specialists recommended inserting 3 stents to improve his blood flow and pressure. The kidney specialist recommended changing one kidney, the blood specialist wanted a complete blood transfusion, the knee specialist wanted to replace his knee caps, the spinal cord specialist wanted to insert a few steel discs to straighten his backbone and posture….and many other good recommendations. The critically ill patient would have practically a new body with many new parts. But the main cause or causes of his illness is still unknown.

After all the major operations, the patient remains in the intensive care unit, still in the same state of comatose.  Good intention, a lot of money spent, all for nothing. This is what I am concern about.

What do you think?

Do we have high frequency traders in SGX?

/// Eric Hunsader, founder of Nanex, has been at the vanguard of warning about the dangers and the rampant fraud that the rise of high-frequency trading (HFT) algorithims have let loose in today's financial markets. .....

Of the situation that led to his award, he says:

"The folks at the NYSE were selling their direct feed for north of $30,000 a month versus the SIP which is under a thousand dollars a month. Their customers are not buying it because it has that much more rich data. The thing that makes it worth $29,000 more is that it is faster, but that is illegal. Up until this point they deny that that is the case. And somehow it works. So the exchanges make all their money from their highest paying customers which are the high frequency traders. And the high frequency traders pay the exchanges exorbitant amounts of money to have a slight advantage.

That's how the whole system works. It is absolutely, positively rigged. There is no question about it. It is rigged on many different levels in many different ways -- for example, no retail order ever gets to see the light of day of the stock exchange. That's one of the many eye openers. People who aren’t pros in the market don’t realize that it's all a rigged game. "

Hunsader also had opportunity at one point to access the audit trail data from the CME futures exchange, data that the central authorities almost never allow outside eyes to see. What he found was clear evidence that a very small number of very large players push prices and volume around at will to vacuum up profits at the expense of everyone else:

SOURCE:
http://www.zerohedge.com/news/2016-04-19/eric-hunsader-financial-system-absolutely-positively-rigged

 

This is a very important piece of information and deserves to be an article on its own so that more people can read about it.

Why would HFT traders want to pay another $29,000 pm just to be faster? The return must be much more than the $29k pm.  But this is not the only advantage, by being faster. They are not telling the whole truth and the fraud and cheating involved. Why did they said it is rigged? Who are the victims of the rig?

Who allowed this fraud to be practiced in the exchanges?

What we have is a bunch of crooks that knew what is happening but chose not to know. And we have a bunch of people kpkb about everything but the real issue, did not know what is going on. And the end result, the traders taken to the laundry and the exchanges turning into a casino that would run to a standstill in a matter of time.

This is irresponsibility at the highest level.