7/13/2008

The Incongruence of intent and purpose-part 2

We are hearing the all for a new direction or misdirection, have more babies. We need to bring back the good old days and our mamas and grandmas. We need to worship them as the heroines for producing by the dozens. It was a time of ignorance, of who cares, of wanton irresponsibilities perhaps, or were the children born in those days were children of love? The new mothers are shunning to have more babies for very practical and serious reasons. The days when children will grow up by themselves and fend for themselves are over. The children who will find their own food and live with a pair of pyjamas shorts tied by a piece of cotton string will not return. Simply, having babies is not cheap. Only the ignorant and irresponsible will keep producing beyond their means. And what will become of their children? Materially deprived, mentally disturbed, psychologically suffering from a complex of the have nots, and educationally good to be guards and waiters and waitresses, maybe salesperson. That is what many of these lower income children will become when they grow up. Not many parents can afford to bring up children to university levels, a minimum qualification to live a decent life. Given the high cost of everything, including education, how much would it need to bring up a child? Conservatively $250k or more for his first 25 years of dependency, ie $10k annually. Any parents who want their child to be properly and adequately brought up and educated, need to be able to set aside $1000 pm for 25 years. How many families can afford such a sum? Can a double income family with a $3k take home pay be able to set this aside? Barely, given each needing $1k to live by. This will rule out any family with an income of less than $3k to have babies if they want their children to grow up normal and live reasonably, and to be the pride of the family. But how many of our population is earning less than this amount? With the rate of inflation running away, with everything going to cost more, especially education, are we serious to call people to go forth and simply multiply? Yes, many irresponsible parents will do that. They will see their wrongdoings and the problems their children will face in the future when money is not enough. If we are real in wanting our people to procreate more, then the cost of bringing up a child must be brought down. The cost of education must be brought down to a manageable level. Otherwise we are asking these people to dig a hole to bury themselves in the future. What we can expect to hear for sure tomorrow is that education fees will go up and up. Then what will happen to the children who cannot afford the education?

7/12/2008

Tharman has the making of a PM

We need strong and tough leaders who dare to tell the brutal truth even if it hurts. It is bad if leaders say all the nice things to gain popularity. Leaders must say the right thing and do the right thing. And Tharman has just done it. He said the most unpopular thing, but good for Singapore. He has warned employers against giving pay rise to workers to offset inflation. And the best judge of his wisdom is that the union leaders also support this view. And not only the union leaders, 2/3 of the people also voiced out in support of his position. I have read 6 comments in the ST and 4 were in agreement with him. Only two were slightly in disagreement. This only shows that the people are reasonable and thinking and will support hard policies as long as the reasons are sound. And in this case, 2/3 of them support Tharman. That is a good sign of Tharman's potential as the next PM.

The incongruence of intent and purpose

There is a new Singapore in the making. Singapore will be transformed in a world class city with world class facilities for world class people. We are inviting all the rich and famous to our shores. They are going to be greeted with world class universities, medical facilities, recreational and entertainment facilities, world class transport system, world class housing, in short everything world class. And we all know that we have to pay world class prices for world class servicesand facilities. It has to be. It is going to be better than the Swiss standard of living. It is what every Singaporean is dreaming off. How many can afford to live this dream? For the lower income wage earners, inflation is soaring and eating into their petty income. Not only that they are getting not enough, it is dwindling. And we are going to keep their wages down, to remain competitive. With low income and shrinking income, how are these people, the majority of the Singaporeans, going to pay for their dreams? The only way to live their dreams is by dreaming. The reality is too harsh and will not be attainable to them. And many are agreeing that their wages should be kept low. It was reported in the ST, 'Deputy president Philip Lee, 51, said his union(SISEU) would not push for higher wages because economic prospects were uncertain. "If jobs are not coming in, employers may retrench workers," he said.' He has his point. Job security is important. Meantime we have full employment to the extent that more foreign workers are being brought in to cover the shortages. And more foreign workers and foreign talents will find employment here while Singaporeans are worried of losing their jobs and competitiveness. The best part is that we cannot stop the inflow of foreigner workers. For they are here to help the Singaporeans and to provide jobs for the Singaporeans. Low income Singaporeans would just have to bear with their low pay jobs. Better to have jobs than no jobs...and keep dreaming of a world class lifestyle.

7/11/2008

Quote by Cedric Foo

“If the operators’ returns are satisfactory, then it is a win-win situation. If they are unduly penalised, they do not get returns commensurate with their risks … then you would have a new set of problems – too few trains, too old buses.” Cedric Foo (TODAY) With this kind of statement and acceptance that public transport will be allowed to run to the ground if profit no enough, it is time that the govt should consider taking public transport back as a statutory board. With so many supertalents in the stats board, I am sure they can do a better job without being profit crazy. And if they cannot perform, sack them. You don't pay people so much who cannot perform. And I hope no one is going to say that only privatisation can make an organisation efficient and effective. Bull.

More fare hikes coming

Look at it positively, this is another measure to curb inflation. The people are having too much disposable income. Take a bit away then they will spend less, and travel less. All in all, there will be less demand for goods and services. So inflation pressure will weaken. Good for everyone. And lesser congestion in MRTs and buses. Just hope the motorists don't go back to driving.

Is there an Inquisition going on?

Tang Wee Sung should have spent a short holiday in the Phillipines. I was watching CNA last night and there was a programme showing trishaw riders in the Phillipines. Several healthy young pedicab drivers were being featured. They were so vibrant, energetic, healthy, and happy. There have all sold one of their kidneys and are not only happy, but living life normally. And one kidney was sold for US$3,800! For that one of them said he could buy a pedicab to earn a living and also a small store. They all did it for the well being of their families. Who is to say that they are wrong, exploited, suffering? They did it willingly, as a personal sacrifice. Of course we the rich Singaporeans felt very sorry for their plight. But can we offer them any help except to deprive them of the opportunity to do something for their families? This is the haughtiness of a self centred and self proclaimed morally righteous people. No it is wrong, don't let them do it. Let them continue to live in poverty and indignity, begging for handouts. And let the kidney failure patients die. These are the honourable and right things to do. And the witch hunt is on.

The secrets that we missed

Many of us tend to laugh, snigger or sneer at some of the policies that were meant for the good of the people. But we simply missed the point. I too. And so too will be the brilliant economic professors from Harvard or Stanford or the Ivy League Ivory Towers. We were too superficial, and simple minded and could not see the brilliance of such policies. They were were grounded on solid economic principles, supply and demand. Take the case of the raising of GST to help the poor. Yes, we laughed. But after implementation, the results tell. The people, especially the poor are happy that they have been helped. Otherwise we will have them protesting violently on the streets. Such evidence of contentment must be proof that the policies are working well and well received. There are many wonderful policies that have made us successful. The last few days we were hearing people warning about inflation. But over the years inflation has been tamed. Though it tries to raise its ugly head again, immediate measures were taken to curb them. Take the ERPs and the raising of toll rates as an example. It is not just to curb traffic alone. It is multi prong. It also helps to allow more people to buy cars. But what is important is how this tackles the inflation tendency. The middle class, the motorists, have a pretty big pocket and can afford to spend. By making them pay more on ERPs, and petrols, that will take away some of their spending power. Then they will not compete with the lower income people for food and necessities. Without them spending like crazies and saying everything is cheap, there is less likelihood of raising prices by the providers. The biggest and most effective effort in controlling the people's spending power is the CPF. When the money are locked up, you simply cannot spend. So the purchasing power is reduced. So inflation too will not be an issue. People with little or no money to spend cannot cause inflation. So don't laugh when minister called on companies not to raise the pay of workers. This is an important inflation curbing measure. If all the workers are getting a pay rise, they are going out to splurge and spend. Everything will go up when there is increase in demand. This is Economics 101. Raising salaries of those millionaires is not a problem. First, the money will be extra cash that they will likely put away. It does not bother them nor would it affect their lifestyle even if you give them another few millions. They already have everything and are living it up. Their main concern or problem is what to spend on? That is a big headache. Very likely they would not be spending locally and so will not drive up demand and inflation here. They will export the inflation overseas, in their holidays and big purchases in Paris, London or 5th Avenue. Now, that should be ok as the people who will be badly affected by their inflationary habit will not be the locals here. The wonder of it all is that all our policies are so carefully worked out, implemented, that even the best economic gurus will be stumped. They are simply ingenious.

7/10/2008

Return my citizen's right

The first right that the people should ask for is the right to stand as a candidate for the Elected President of Singapore, regardless of his status in society. This right has been taken away from every Singaporean when conditions like one must be running an organisation with how many million dollars worth or must be a very senior civil servant or a CEO of such and such a big company etc etc etc or else not qualified. What it means is that losers and hardlanders are disqualified immediately. As citizens of this country, born and bred, sacrifice the best part of our life to do National Service, this right to stand for election as an Elected President is our basic right, our intrinsic right. Every Singaporean must have the right to this office if the people so decide to elect him or her. And he will have all the supertalents and councils to advise him on what to do and not to do for the good of the country. Should not be too difficult a job. All the position need is a person of good character and respectable in the eyes of the people. What say you people?

Wage increase will cause inflation

Yes, this is true and nothing can be more true than this. Wage increase will cause inflation. To be specific, worker's wage increase, not any other wage increase. The logic, there are so many workers. And if employer gives one worker $20 increase per month, you know how much more money will go into the market. Sure it will cause inflation. Nasi lemak and chicken rice demand will go up and hawkers will quickly raise their prices. Other things can increase no problem. When other things increase, the workers will have to pay more for them. So their disposable income will come down and they cannot anyhow spend. So less demand for food and necessities. So prices will not go up and inflation will come down. This is a secret to our success. It's elementary, Watson!

At least 65% to form the core

LKY said that we need at least 65% of born and bred citizens to form the core of our society. Has this number been breached. My guess is that it has been breached long ago. With 4.6m population, with the born and bred probably 2.5m, excluding the PRs and new citizens, the born and bred are likely to be slightly more than 50%. As a hotel this is good. In fact, as a hotel, the born and bred should be reduced to 20%. 50% is pushing the limits for a nation. This kind of number can only be attained by unthinking policy makers who are shallow and short sighted and do not know what the consequences will be. A country without a people that will call this place home and will die fighting for it is no longer a nation. We are in all aspects a hotel or a hotel in the making. If the kpkb about not wanting to defend this country as it is not worth defending gets more prevalent, this little rock can go to the rubbish dumb. It will soon be up for sale to the highest bidder, just like Christmas Island. The first generation fought and built this island with their sweat, blood and tears. In less than 3 generations, we are seeing a new group of people who have no qualms in giving it away. The Chinese saying of a fortune that will not last 3 generations is going to be realised soon. The local born and bred will soon be a minority and will be asked to get lost if they are not happy here. And not only the unthinking citizens will be telling them that, the new residents too will be urging them to do so. And who shall inherit this piece of rock? We have not gone down the slipppery road that far yet. There is still time to put on the brake and relook at some of the policies that are being implemented and pull back before it is too late. LKY knows what he is talking about. But would others understand him or working towards a different direction.

7/09/2008

Wanted - Dead or Alive: Matilah Singapura

Now where has this guy gone? Arrested in Bangkok for having a drink too many?

Same bed different dreams

When the foreigners landed in paradise, it is like waking up to a dream comes true. Everything is exactly what they want and are looking for. The beautiful infrastructure, the gleaming buildings that they can desire to be home, the first world lifestyle, and jobs aplenty. Then the great hosts welcoming them with red carpets and open arms. What a beautiful dream. The elite too wake up to a reality that many could only dream off. Everyday is wine, women and song. No need to work too. Just manage their assets well. Make sure that property prices and all prices go up. Property prices up means asset value increase. Rental up means income increase. Higher ERP means having the road to themselves. Jobs, no need jobs. No need to work. Some are even luckier. Being paid in millions to go on holidays or sipping teas attending board meetings. The citizens, the Singaporeans, wake up to a different dream. Tighten your belt, don't expect charity or welfare. Look after yourself and live within your means. Work till you die. Downgrade lifestyle and expectations. Eat less, use less, take bus or walk. Actually the writing is on the wall. Move out if you can't fit in. Even the foreigners are singing the same song. Move out if you are so unhappy. We are here to replace you. All you ingrates, not knowing how lucky you are. And the system is designed for the locals to move out. Money lock up in CPF cannot touch. So got money as good as no money. When one is going to work till he drops dead, there is no need for savings for retirement anymore. Outdated concept. The message is very clear, that you can have your money only if you move out. Migrate, denounce your citizenship and the money will be returned to you. And good bye, good riddance. All in the same bed but different dreams.

Why 2 senior ministers and 2 DPMs?

There is an article in Zaobao forum on 8 Jul discussing why the PM needs two senior ministers and two DPMs to assist him. Given the super talent nature of all the ministers, surely the PM should be capable to hold the fort himself, alone. The forumer were trying to reason why is there a need for so many ministers to assist the PM. Subsequently he set this aside and commented on the impression of all the PMs, including the Chief Ministers that Singapore has had and found only David Marshall was the only one who could inspire and create a special aura around him. He then suggested that if the senior ministers were to volunteer to serve the country by taking a $1 salary, the people will greatly admire them for their greatness. After all every one of them have fortunes that could last several generations. Money is not an issue to them. Don't forget they are still receiving their great pensions, probably in the millions. This is an interesting article, really.

Buying 100 of the world's most advanced fighters

This is surely unbelieveable for a tiny dot to acquired such formidable weapons, the F35. At US$68 mil a piece, wow, we will surely become the most well equipped air force in the world. We will become invincible! I am worried about my income tax and more taxes, and our national reserves. Such advanced aircraft, with stealth capability, are employed by sophisticated airforces like the Americans and other super powers to evade equally sophisticated defensive radar systems. And the capability of the aircraft is to achieve air superiority over equally capable aircraft. Looking around, who are our enemies and what to they have? Do we need them when the defence is made up of coconut trees and catapults? But can't be too sure. If we upgrade, they also upgrade. We spend more, they also can spend more. I will like to be the arms merchants, inspiring the boys to spend more money on their toys to be one up against each other.

Is switching to CNG a trap?

Petrol prices shot up and converting to CNG becomes an attractive option. Now the converts are crying foul. After spending so much money to convert their petrol cars to CNG, they are now at the mercy of the CNG suppliers. With only two points, maybe more later, it is a MONOPOLY! CNG price has shot up by 25% in 3 months from $1.28 per kg to $1.59. And prices of CNG were not affected like the speculation in oil. Producer price of CNG was stable during the whole duration. Someone sleeping to allow such profiteering to go on under the clear blue sky. Wake up, wake up. Oh never mind. It is ok to sleep until master says 'Fetch', then start running.

Another step forward

Cyberspace is gaining ground in Malaysia. The Malaysian Govt has accepted that online journalists are also journalists and have started to issue press passes for them to cover official events. Now there is no need to be paid as a journalists to be recognised as a journalist. The paid journalists can no longer thump down at the online news providers. And Singapore has taken a ginger step forward to dip its toe into cyberspace. Ministers are signing up in Facebook to test water. Workers Party also has its own Facebook. The breakwater has been broken. The flood water is going to fill the land.

Oil price down by US$5!

Oil price took a knock and ended at US$136, a $5 fall. We must demand that petrol prices be cut immediately by at least 10c a litre. The petrol companies have been very prompt in raising their pump prices. It is time that they be equally prompt to cut their prices. If not, CASE better step in immediately, not to ask questions, but to insist on an immediate cut. With Iran willing to talk on its nuclear programme, the pressure for oil price to go up is lesser as the mad men in White House have lesser reasons to attack Iran. And speculators are going to run for cover.

7/08/2008

Monster without and monster within

I used to write about the fear of bringing a monster home to tend to the babies and the old folks. It is a genuine fear as the maid that is brought home is mostly an unknown element. You would not know of her past, her medical history or her psyche. And we left our infants and invalids to their care when care was not in their minds. Many tragedies had happened and many regretted their follies to leave their precious loved ones to a complete stranger that turned out to be a monster. That is only one perspective. There are monsters within. The employers are equally possible to unveal their dark sides. Many are cruel, wicked and inhumans. Today ST published about this 'former airforce sergeant Tong Chew Wei' who treated his maid no better than the African slaves in America once. One meal a day and worked till 3am. Then the beating and ill treatment. Yes we have such cruel specimens in paradise. We need to terminate them asap. Or at least present them for public flogging at the padang. We need to put a stop to such evil and wicked treatments of other human beans. It is just unacceptable and intolerable and cannot be condoned, whether they are citizens or our fellow men. No one should think it is ok to ill treat the children of lesser gods. The heavy hand of the law must be used to deal with such vicious creatures. They have not listened, will not listen, and will continue to do what they are doing, thinking that they will be dealt with less harshly. Make a few as an example. Let's do it. There can be no exceptions.

How are we evolving?

This is Sanjay Perera's article on how Singapore is evolving and he believes 'Singapore is becoming a fair and just society.' Any FT or new citizen who first set foot on this paradise will have the same impression. Singapore is indeed a paradise of fairness, justice and equality. At least when compare to where they come from. When your reference point is one of dastardly mismanaged countries, who can deny that Singapore is the paragon of all goodness in public administration. I think if you ask the Singaporeans, not the residents, many will have a different opinion. Many will be very cynical. For they grew up, see and live with the changes which many are not comfortable with. And Sanjay concluded his article by saying, 'We should ask ourselves how we want to define ourselves and what kind of society we want, free from what others think we should be.' It is understandable that as a new citizen, I am presuming that he is one, it is reasonable to have such a view. The locals will be grinning, with a big dose of cynicism. Who is 'We' that Sanjay thinks he is referring to? The 'We' is a select group of elite that decide everything. The people are not the 'We' in this sense. No, who wants to listen to the people? We will decide what is best for the people. We will tell the people what is good for them and make it compulsory for them. We will decide their lives, even their money. At the rate we are evolving, Singapore will become what India was during the times of the Maharajahs. Just give it a little more time.

Are oil companies making hefty profits?

Oil price surges over the last few months. So petrol prices naturally go up. The people accept it. Whenever the price of oil goes up, within days, oil companies will raise their pump prices. The rising cost is passed to the consumers without fail. Have yet to see prices coming down when oil price comes down. T he oil companies is not only protecting their profits. At the same time they are likely to be making more profits along the way. Then there is the currency exchange which will add up to their profits. They buy in US dollars and sell to the motorists in the stronger Sing dollars. As long as the Sing dollar is strenthening against the US$, there is the extraordinary gain. Perhaps all these have been priced in and the petrol prices could be much higher. The petrol companies have passed their extraordinary gains to the consumers. Maybe.