7/16/2008

The need for a balanced and objective media

With the internet opening up and challenging the views in TOM and exposing how one sided TOM can be, how many readers still have faith in TOM being fair, objective and balanced in its reporting of political events and issues? Though this realisation is nothing new and people have resigned to it, things have changed lately when any unfair and biased reporting will come under immediate heavy artillery. This must have greatly affected the credibility of TOM. It is very difficult for TOM to continue with the make belief that they are highly objective and unbiased or neutral. Nothing to cry about actually. Most TOMs take a certain view that are necessary given the specific environment that they operate. And readers would have to come to accept that this is the fact of life and the truth to live with. What therefore would be welcomed is for different political groups to have their own media of expression and report political issues from their own perspectives. This is happening in many mature polities, and Malaysia too is having the same practice. What if we continue to deny the alternative parties to have their own media? The answer is obvious. Cyberspace is already a ready and effective alternative. But what is bad is that many sites will sprout up and take the position of hate press, expousing very negative and extreme views against the party in power. It will become a black and white divide. A pro govt TOM and and anti govt cyberspace. Now this must be bad. What is a better alternative development?

7/15/2008

What do Singaporeans want?

The average Singaporeans are not too demanding, I believe. I will venture a guess on what an average Singaporean would think is a decent and comfortable life. 1. To be able to raise a family of 4, ie two children, put them through schools, polytechnic or university, without begging for assistance. 2. To live in a 4 or 5 rm flat, and being able to afford it. 3. To own a car, and be able to bring the family around for leisure. This may be a bit difficult given our space constraint and further complicated by the thoughtless ambitious dream of a 6.5m population. 4. For those without cars, decent public transportation that does not cause them an arm or a leg. 5. Basic medical healthcare that will not empty one's life savings. 6. Able to retire by 60 or 65 without having to work till death. I don't think the above expectations are unreasonable for a first world country. But it is evident that some of these basic dreams of the average Singaporeans will be unattainable. Bringing up two children is now impossible to a big number of Singaporeans. I was being generous in my earlier post suggesting that a family income of $3k could put a child to university by setting aside about $1k a mth. In reality, many, even with a household income of $4k cannot afford to save $500 pm. $3k is a bit far fetch. Then to retire at 60 or 65 is going to be very difficult. And buying a 4rm or 5 rm flat is gradually moving out of reach of the average Singaporeans. Medicare, if hospitalised, is going to bankrupt many Singaporeans or at least empty their live savings. It is time the govt rethink their policies on what is good for the average Singaporeans to live their lives and at a cost that is manageable. No need to waste so many millions and billions on gardens and world class resort facilities that the average Singaporeans cannot afford to enjoy.

Higher revenue with no effort

This is exactly what is happening with the LTA's drive to get more people to take public transport. The ERPs are hurting the people's pockets and more are switching to MRTs and buses. Both service providers are going to see higher profits through no direct effort of theirs. MRT reported that last month the number of trips taken have increased to 41.27 millions. At an average of $1.20 per trip, that is a cool $50 mil a month of revenue. Profit is going to soar. And they are going to apply for fare hike still. Oops, I have forgotten, the fare hike will benefit the greater majority of the commuters, which means the greater majority will pay less.

Supertalents deserve high pay

The coming transport fare hike is not only affordable, but also manageable. It may be 3% or 1%, regardless of how many millions the transport companies are still making. They needed the fare hike in view of higher oil prices, and of course accounting to the shareholders for a better profit. That is not all. The most brilliant part about the fare hike is that they will ensure the 'greater majority of commuters gain from the adjustment'. This is just as ingenious as the GST increase to help the poor. These supertalents must be nominated for the Nobel Prize for such creative fare hikes and GST hikes. No where in the world can increases in tax and fare hikes ended up benefitting the poor or the majority of commuters. This is uniquely Singapore. The same formula should be applied to other ministries and stats boards. The new ERPs will also help and improve businesses. Can we have more taxes to improve the well being of our population? Singaporeans should appeal for more increases in hospital bills and other bills to better their lots. Uniquely Singapore. That's the way to go. More pay for the ministers to better our lives. Just don't tell us to tighten our belts.

7/14/2008

Time for mean testing

Yes, we need to mean test the population to see how many can still bear with the high cost of living. We need to know how much have the value of their money fallen or how much can each dollar buy now. We also need to know how much is need to get by for a family or 3 or 4. Mean testing is needed to see how mean is the runaway inflation caused by the upping of prices, of everything, is affecting the livelihood of the hardlanders.

Stop the influx before it is too late

Another sign of the bursting of the seams. Lack of hostel space is pushing up rentals at HDB flats. Is this a good sign? We are seeing signs everywhere that this little rock is about to burst under the weight of an exploding population. MRT squeeze, more ERPs needed, property prices and rentals skyrocketing, parents fighting for place in schools for kids, students fighting for place in universities, patients fighting for place in hospitals, public places jammed to the brim etc etc. How much more can we take? How much more signals will it need to waken the fanatics to stop the inflow of foreigners into the island? We are doing more harm to the country by feeding the appetite for those who seek economic growth through population explosion at the expense of the general population. What can be done to stop this madness? This is our country and we must not allow mad people to run it to the ground.

Legalising Organ trading - Just do it.

At the moment the inertial against legalising organ trading is very strong. And the medical profession have their valid reasons for keeping it so. There are different schools of thought and different opinions. And if one chooses to take the traditional view, there are all the reasons and apprehension to say no. On the practical side, there are also all the reasons to say yes. No one will be able to absolutely say that one position is right and the other is wrong. The only thing that is wrong is legal, the law says so, for the time being. Watching Tang Wee Sung walking in and out of the subordinate court is the best reason to say that we should legalise organ transplant. Otherwise we are condemning him to a sure and slow death, and a pathetic existence. On the other hand, the CNA programme on kidney donors in the Phillipines showed that some people are will and can benefit from selling their kidneys and live life normally, and quite happy about it. Of course the critics may shrug this off as superficial. Yes, the poor always have to sacrifice and pay a heavier price to live a little better, even selling their organs. What is the alternative for them to break out from the poverty trap? Or shall the righteous condemn them as well to a life of drudgery? Can we give them a choice?

A few good men and a thinking citizenry

PN Balji wrote an interesting article about a world class nation needing a few good men and a thinking and questioning citizenry. In paradise, such a thought will be simply denounced as bull. We don't need a thinking citizenry. That is about what we have been brought up to believe in. Mind your own business, make your money and live your life quietly. Only a few good men are needed to carry this nation to a higher platform. We used to have a few good men with us for the first 20 years of our history in nation building. Good, decent and selfless men. Today's conventional wisdom is that these are foolish men who sacrificed for the nation at their own personal expense. So today we claim to have a few good men but of a different kind. A few good men that needs to be paid top dollars or else. Would this kind of good men really carry the nation forward? Self before nation or nation before self? The latter is naive idealism. Balji said this nation will be doomed if these few good men suddenly disappeared for there is really a dearth of good men available. This is a false assumption surely. We have many men that have been trained by the best universities. I believe there must be some good men among them, but because of the political system and culture, they rather stand aside. Anyway, if they stand up to say that they will run the country for half the pay they will be immediately denounced as only half as good. For if they could not command the top salary which top brains are associated with then they are no good. I believe some of the good men will know that they are being paid beyond their abilities and contributions. A good man will stand forward and say, look, you are overpaying me. I don't deserve so much. Balji also talked about a thinking and questioning citizenry to fill the second part of his equation of a great nation. We are not a nation but a hotel. Everyone who is able is hoarding as much wealth as he can to prepare to run. Only the less able and losers will stay behind when the dam breaks. In a nutshell, do we have a few good men and a thinking citizenry? Maybe not. But I am contradicting myself as I have said earlier that there must be many good men sitting on the sideline. Maybe we need a revamp of the system and the values for the really good men to come forward. Under the present system and values, it will invite a different kind of good men to rule the country. Is this system sustainable, able to last in this form into the future? I have my doubts. Our system started well. But when its continued existence or perpetuation of its existence is for the wrong reasons, it will end up in the dumps of history.

7/13/2008

A new beacon of light

The centre of growth has shifted to the East. The two old giant civilisations have woken up and powering ahead. Then there is the revitalised Russia in the north, and the Koreans slightly to the east. And the old war horse, Japan, and Taiwan, Hongkong etc. Then there is Australia to the south and the world's biggest commodity producers, Indonesia and Malaysia. Singapore is strategically placed in the midst of these spectacular growth and growing economies. And we are gradually becoming the centre for the region. We will be the beacon of growth, playing the role as a capital city for these countries. We will draw their talents, their products and services and their funds here. We will manage and process them with our expertise and first world infrastructures and systems. We will grow with them. We have everything they need, and the ability to balance the delicate sensitivities of these countries by being neutral and acceptable to all of them. We have a bright future as the centre of this growth.

ERP is a big success

The recent addition of more ERPs and higher toll rates is a huge success in terms of effectiveness and acceptance by the motorists. About 70% of motorists and motorcyclists polled would rather pay more for a smoother ride. The poll was conducted by The Sunday Times on a sample size of 200. With such a high rate of acceptance, the LTA should give themselves a pat on the back for being proactive and for being able to read the minds of the people. It is a tough decision that the people know is coming and will accept it as they know it is good for them. There were some grouses of course. A commuter complained that MRTs are too packed. A shop owner complained that business has dropped. A cabbie complained that he would lose out if he pays for the higher tolls but could not pick up fares. But all these are a minority and they will get use to the new changes. And they will soon appreciate the goodness of the ERPs and be thankful for it. Things will die down and be normal again. As for the MRT jams, I think this will be resolved when the circle line comes in in 10 years time. Not to worry. Time will solve all problems.

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.