11/12/2009
Entrapment not for the good guys
Lawyers who plot to expose rival's wrongdoings and then report them for disciplinary action will now also be subject to sanction.' I quoted this from the ST to make sure that I did not misquote any word. Too risky talking about the legal profession. Sekali kena sue. What was reported in the paper is that some lawyers have been entrapping fellow lawyers and get those lawyers into trouble. In an honourable profession, such acts have violated some ethical issues.
The good men of our society have set a very high standard of ethical behavior for themselves.
In the world of triads and mafias, they have no need to observe such niceties. Entrapments, cheating, sneaking around, fixing their enemies are all part and parcel of the game. It is better to be bad men and live with a different set of ethics.
Being good men is tough. Trying to fix up your peers can get you into trouble for being unethical. Conduct unbecoming of an honourable man.
Major Nidal Malik Hasan
The Fort Hood Massacre is the most successfully managed tragedy of modern day America. 13 of its young men were killed by friendly fire, and more than 30 wounded, not in Iraq, Afghanistan or Pakistan, but on home soil in Fort Hood. Unimaginable, that war started at home, just like George Bush ducking for cover during the 911 attack.
It was not friendly fire to start with. Home ground was never a batttle field. Then what or how should this shooting be called, practise round or the act of a mad man? When the news broke, it seemed that hell will break loose and vengeful attacks could start like wild fires across America. But none of that happens. The great American people took it in their stride, that it was a freak incident by a misguided or deranged individual. And the media, plus the govt officials all sang the same song.
A big reprisal has been avoided. There is a serene calm in the American community. The funeral was well attended and tears shed. Military honours were awarded to the brave soldiers who died before setting foot on enemy territory.
America seems to have won this first round, to contain the damages and avoid more collateral damages. Is this the end of one chapter of America's history? Or would there be more to come? It is so fortunate that the KKK have been wiped out and the Nazi groups were all under controlled. The white extremist groups and white superiority movements have been silent, too quiet for comfort. Could anyone sense that something is brewing? Could this episode be history and life goes on as usual?
My fear is that any wrong move of this kind is going to ignite a wild fire. Pray that such acts should not happen at all as one act could lead to another. Citizens of the world should seek peaceful coxistence and not resort to violence. For violence begets violence.
God bless America.
11/11/2009
Chinese netizens attacked LKY
Chinese netizens were fuming mad and were up in arms over LKY’s speech in the US when he was presented with a Life Time Achievement Award by the American business community. In his key note address to the audience of American elites, LKY stated his stand that the presence of the US in Asia is welcomed as a balance against the growing might of China. He commented that even the combined force of India and Japan would not be able to stand in the way of a much stronger China, militarily and economically. The Chinese netizens were angry that LKY was in a way inviting the Americans into the region to be a balance against Chinese influence.
And more than a week has passed, and all is quiet on the eastern front. I was hoping to hear or see some robust response from Singaporeans to defend the Mentor Minister. But I should have known better, the apathetic and kiasi Singaporeans will not do or say anything. What about the politicised Singaporeans or the politicians? Would they defend LKY against the attack by the Chinese netizens? Or should they?
The only response came from Hsien Loong and for the rest, silence is golden. Maybe we will see a more robust reply in our Parliament when the MPs met. Or at least they could ask some questions if they did not bang tables and chairs. Or maybe the issue isn’t worthy to waste parliament’s time. Better to spend time talking about fore play and ethics. Now, what am I talking. Sorry, I meant fair play and and ethics.
The reticence of Singaporeans when confronted by a hostile mob could be the consequence of our culture of depoliticisation. We were bred to keep our mouths sealed, see nothing, hear nothing, say nothing or do nothing. Unless, like Jack Neo said, if the govt said do then we do lah. In this case no signal coming from the govt, so no need to do anything.
Letting LKY stand out alone to face the music does not look good. But on the other hand he does not need anyone to fight his battle. He is good enough to take on anyone. Then again, what is so wrong with his speech in the US? He was there, and said the things which his hosts wanted to hear. And with the hosts showering him with so many kind words, he was just being polite to return the kindness.
What is said for public consumption is not necessary the same as realpolitiks that were usually thrashed out in the kitchen. The baba has taken a long journey to become a China man. What could be in his mind?
Bring back the law to hang horse thieves
The financial crisis is stabilising and things appear to be settling down. The banks and financial institutions are nursing their wounds after trillions of dollars have been thrown in to save them. But the thieves, conmen and fraudsters are still intact, still in the game, stealing from these organisations. The banks can afford to fail and go bust. But nothing will happen to these thieves and their collaborators.
How so? They are so talented that whatever that they are stealing from the organisations are legal and contractual, approved by the Board of Directors who in turn are paid handsomely by them. Brilliant. Whatever that will happen to the organisations under their watches, the thieves, conmen and fraudsters will remain free, respectable, above the law, and very rich.
The APEC meeting is in town and one of the first recommendation coming out is on how to save and protect banks and financial institutions from going down. The wise men and women have proposed a long list of do's and don'ts, to tighten control and procedures etc etc. Someone even suggest that banks should buy more insurance to cover their positions. They forgot that insurers can also go bust. And who is to insure the insurers.
But the most important element they forgot to safeguard is the thieves, conmen and fraudsters. These thugs are allowed to continue to do what they were doing, to enrich themselves by robbing the banks and institutions in their control.
The wise men and women in town seem to have forgotten that there is nothing wrong with the banks and financial institutions but the people managing them and robbing them.
My simple layman recommendation is to reintroduce the law against horse thieves. Hang them and confiscate all their ill gotten wealth and return them to the organisations they brought down. That is the only insurance against these thieves. They must be held accountable and be made to face the ultimate punishment. Nothing else will work. The thieves, conmen and fraudsters are working within and inside the system.
Where is the resolve to clean up the system? Or are the thieves, conmen and fraudsters still at work and having a say in all these recommendations, to cover everything except them?
11/10/2009
Panic button or election fodder?
Not too long ago, the developers were trying to sell the line that 1000 psf properties are cheap and could even go higher. They knew their sums. More foreigners, limited land and limited supply, sure property prices must go up. Then some quarters were extolling the great virtues of our housing programme and how lucky we are compare to the mickey mouse flats and shoe boxes for rats in Hongkong, and selling at 3 times our prices. The message is that housing prices will keep going up and the sizes of flats will shrink. That is the future of Singaporeans.
And there were quarters telling the people that public housing prices are affordable and good value for money. And supply is not a problem.
Then a few days back, Chok Tong and then Mah Bow Tan came out to assure the people not to panic, don't rush in to buy, the govt will provide more affordable housing by putting up more land for bidding. It is like going to the toilet and the flats will be out in a few minutes.
The MAS chipped in yesterday to warn of more measures to curb speculation if necessary. This is turning into something quite serious. Is all these panicky measures necessary? Looking from the positive side, Singapore has more than 800,000 units of public housing alone. If the govt could relax the sub letting rule and let all public flat owners to sublet their flats to foreigners, all Singaporeans could be instantly turn into landlords.
In such a scenario, there is no need to build more flats. In fact the flat owners will be begging the govt not to build more flats. Squeeze the supply so that their flats can be worth $1m or $2m. Then they have the options to sell them or sub let them at higher prices. And all Singaporeans need not work anymore, just live on the income of their rentals. We will become a land of landlords.
And we can increase the population to 8m and the people will be asking for more to increase the demand for rental flats. Foreigners will all be welcome. No need any campaign to be nice to foreigers anymore. All the flat owners will live happily with the foreigners as their tenants. And we will be number One again in integrating foreigners with our citizens and they all live happily together, under one roof.
Won't that be nice?
11/09/2009
Another nail in the coffin of the American Empire
The Americans have just passed a health bill amounting to US$3 trillion to provide health coverage for the poor Americans. This looks good, generous and a pro people bill. But it does not address the causes of the high medical cost.
America is just feeding the greed of the people in the system, from the medical professionals to the insurers and the lawyers. They are the ones who are benefitting extraordinarily from the poorly managed health system that generates billions into their pockets. Unless America stamps the extravagance in medical/legal/insurance cost, it is an exercise in vain.
The hole will be bigger and bigger and will drag America into more debt. Now there are two big black holes, the financial system and the health system.
No greed in the animal kingdom
My experience in watching the animals and birds at Sungei Buloh told me one thing, there is no greed in the animal kingdom. The crocodile will not kill more than one prey. It kills only when it is hungry. So are other predatory animals. Even the stray cats will not kill unnecessarily.
And the birds do not build more than one nest. They are contented with just one nest.
The only specie that exhibits greed to the extreme is man. They not only want $10m, but $10b or even more if they could get their hands to it. And houses, the more the merrier. 10 houses, 20 houses or 30 houses, there is no limit to this acquisition.
There is no such thing as enough in the mindset of man.
11/08/2009
A timely intervention
This incident happened about 40 years ago, when good men were in the govt looking after the welfare of the people. In the heart of the Singapore River was all the trading activities, and a few rice merchants were forming a cartel to corner the rice market. They wanted to make huge profits by controlling the rice trade and price. The consequence was that the masses, the common folks, would be at their mercy, paying whatever price they demanded for rice.
The govt stepped in, ticked them off, ostracised them, and set up Intraco with the main purpose of keeping the price of rice and essential food affordable, not charging at market price and no need for subsidies. Just simple cost plus some profit. No need to explain until face green green and nobody believe any word spoken.
The people till now are still benefitting from this timely intervention, and the price of rice did not go spiralling up to a point of being painfully affordable. Those were the good old days with good and selfless people in charge and caring more for the good of the people. They were paid well, but not extravagant.
These were the good records of a good govt that is for the people.
After all the kpkb in cyberspace, we are having two assurances, one from Chok Tong and another from Mah Bow Tan. How would these turn out? As long as the bidding for land mechanism, market pricing, 'subsidising market price' policies are not changed, nothing will change. The price of properties will continue to spiral upwards. And the new mantra is that micky mouse flats or shoe boxes are good for living, a new lifestyle, and cheap too, at half a million for 400 sq ft.
Looks like the goal of a Swiss standard of living has been modified to a Hongkong standard of living.
Could we hope for a timely intervention like 40 years ago?
11/07/2009
Some pics from Sungei Buloh
Housing for the people -losing bearing, losing sight
Chok Tong's assurance of more affordable housing for the people is being met with a big dose of scepticism. Not many want to believe him and I can understand why. Unless the details are work out wit a big change in the arithmetics, it is going to be 'more of the same and nothing new'.
The media is splashing across its pages with news of many more sites being offered or going to be offered for more private housing. That's where the demand is, probably from rich foreigners. One developer quoted in the media commented that the sites in Simei and Pheng Geck Avenue could fetch $1000 psf on completion. So what is new? $1000 psf is the new standard of affordability. There will be more on offer. Singaporeans can watch with their salivas dripping from their mouths while the rich foreigners will grab them up, some from ill gotten gains transferred here as new money.
As one forumer, Joshua Selvakumar, wrote in the ST forum, how could prices come down when the bids by contractors are going higher by the day? He quoted a 'surprise bid of $251m' which was three times the trigger price of $82m. Who is going to pay for such a high bid? No need to ask.
And there was a little comment by the govt that the sites on offer would be withdrawn if the bids fell below its expected price.
Govt is not about making money, more money and more money. Govt is about giving the people a good life, the general well being of the people. Who cares about the trillions the govt has in the reserves? Who cares if they have lost hundreds of billions in their investment. What the people is concerned about are their basic needs, like a decent and affordable homes. Not the shoe box quality in Hongkong and the Hongkong prices. A reporter even compared this and said how grateful Singaporeans should be. if we reach such a state like in Hongkong, who is to be blamed.
We don't need a govt that set these as the standard or quality of living for the people. If the land price is not controlled, no matter how many more sites are put up, the cost of housing will keep running away, out of sync.
Housing, medical and education cannot be equated to a commercial enterprise with commercial aims and objectives, and making as much money as possible from the people.
Are we going to have more of the same, more 'affordable' flats? Are the scepticisms of the assurance justified?
11/06/2009
A reassurance from Chok Tong
Last night heard Chok Tong reassuring the people that the govt had their interest at heart, citizens first and foreigners second. And the most important part, more properties would be made available and the government would "ensure that property prices do not fall out of sync with economic fundamentals." So basically he is saying that there will be more flats at affordable prices.
Unfortunately 'more and affordable' are two words that are getting out of sync with the people. What is more when each cohort of citizens is about 30,000 heads and HDB sold less than 5,000 units of flats last year? When 30,000 people got hitched, there is a demand for 15,000 units and even at 50% rate, the demand is for 7,500 units. Out of sync or in sync? What about the additional demand from another few hundred foreigners, PRs and new citizens? Obviously 'more' means different things to different people.
No need to explain further about the definition of affordability. It is totally out of sync from the hardlander's definition. The CPF was primarily a retirement fund but now would be emptied for the first 30 years to pay for an affordable flat. I agree that there will be plenty of CPF left if everyone will to go for a 2rm or 3rm flat. But the reality is that this is not the expectation of a Swiss standard level of living.
With a huge chunk of money being used to pay for a flat, and expectation to set aside another chunk in minimum sum and Medisave, and the people still expected to save for their retirement, where is the disposable income? A family income of $5k is also very tight with 2 school going children.
Are we in sync or out of sync? But if you everyone is having a million or several million dollar income, then everything is smooth going. Everything is in sync. Please tell us what is more and what is the meaning of affordable.
11/05/2009
Correction to my HDB assumption
When I posted the article on 'Help save HDB' I used a ballpark figure of 20,000 units of flats sold for 2009. My assumption was way off the mark. I read from a report that the number of units sold was 4,736 units. Using a round figure of 5,000, 2,000,000,000/5,000, the deficit will come to $400,000 per unit of flat sold.
Unbelieveable but it is true. I am prepare to change this number if anyone has a better number and wants to correct me. The $400,000 per unit is not only unbelieveable but incredible and even looks nonsensical.
More good news and good statistics
Foreigners are snapping up private properties in greater numbers. The numbers given in the ST shows that from 2007 to 2009, foreigners have bought about 20,000 units of properties here. If we are to extrapolate backwards, foreigners could have bought a few hundred thousands of private properties here.
The good news is that more are coming in and buying. Another report says that Singapore is a choiced city for immigrants and there are enough in the waiting list to bring our population to 13m. This could easily triple or quadruple the prices of properties here, including those of public flats.
The future of Singaporeans is so rosy. Wait for the 3rm flats to hit $1m and 4rm to hit $1.5m, and the bigger units in the $2m and more. Then Singaporeans can all sell out, move off to Lijiang or Chennai, or JB and Batam, build their own palaces and live there happily thereafter.
11/04/2009
Menu for cannibals
Spotted this item in the menu of a high end restaurant - 'Cajun & Hickory Flavoured Roast German Baby Rib'.
In Singapore of course.
The political party that will last a million years
Hsien Loong has announced that the PAP is all ready for the next General Election. It has another slate of high calibre candidates all ready to serve the people. This self renewal process of a political party, running in clockwork precision is second to none in the world. With such an efficient party, recruiting the best people into its fold, there is no chance that any other party could ever think of unseating it from power.
Then there are other great factors in the PAP's favour. A great record of 45 years of achievement. An electoral system that is designed by the PAP and is obviously more favourable to it. And there are all the machinery that counts during a general election that will be activated to support the party.
And there is a grateful people all sold by what the PAP can do for them.
How else can any party hope to challenge the PAP? The PAP is probably the only political party that is designed to rule forever. This is another uniquely Singapore invention. It is an infallible party.
11/03/2009
Singapore companies risk brain drain
According to a Hay Group report, and reported by Lee Hui Chieh in the My Paper front page today, 'Companies here may face a brain drain if they do not repay the "sweat debt" - or employees' sacrifices - that they chalked up during the recession, a global consultancy firm warned yesterday.' This is the most serious threat to Singapore companies to date. If they refuse to up the pay of their employees, many will quit and move from Jurong to Ang Mo Kio or from Raffles Place to Shenton Way. The workers will simply quit and look for companies that are willing to pay them more.
And if this fails, they will move further ashore, to JB, Batam and maybe Chennai and Shanghai. Singapore companies must not take our world class, most productive workers for granted. They are in demand everywhere, from Ang Mo Kio to Queenstown to JB and Batam. And they will move. Where else can these companies find CBF workers except in Singapore, Cheap Better and Fast!? Cheap to hire, Better in work and Fast in moving if companies do not repay them their 'sweat debt'.
Come to think of it, this 'sweat debt', this country owes a big 'sweat debt' to the old hags that are still crawling around, alive, or to their children and grandchildren for the hardship they went through to build this country to what it is today.
When is this country going to repay them? Or better to take care of new citizens and foreigners?
11/02/2009
PAP Online, a welcome change
Blogging is important after all. PAP is getting serious about the information, feedback and criticism it is getting from the new media. It is going to engage the new media head on by empowering party members to debate with netizens directly. Long gone will be the days of sporadic responses by a few members or insurgents.
Sporadic responses in the past should be differentiated from the sporadic attacks by wild people like MacDonald Bloggers aka Pee on it aka Empty Empathy aka Kristine, or better known as directless rubber aka emplorer aka awaking. I never believe that PAP will send this kind of hot heads to attack other bloggers. For if it does and kena found out, it will be terribly embarrassing.
Netizens should brace themselves up to see PAP members coming out in the open to defend PAP policies without hiding under anonymity. This is a great leap forward to more engagement and discussion in cyberspace. And the good side is that PAP will have the chance of greater space to explain itself clearly, and the reasons and justifications for its actions.
Now the fight is online. Again, who says blogging is a waste of time? If that be so, PAP will be wasting its time. No the PAP will not be wasting its time on an unworthy pursuit. Cyberspace is the new future.
11/01/2009
MacDonald bloggers aka Pee on it aka Kristine...
aka Empty Empathy is back. Remember the one who wrote things like directless rubber, emplorer etc? He is back. And he cleaned up his messages with all these infamous words in them. But he forgot that I was one step ahead. I copied those messages and gave it to my friends for safe keeping. It is in his file.
Small minds and big businesses
The land of Sintu was controlled by Godfather Ah Beng. It was not a big place but lying at the crossroad of the international drug trafficking route, it was where all the action took place. From human smuggling, vice, prostitution, gambling and drugs. And Godfather Ah Beng ran it as freely as he could by just collecting the dues for his retirement. And he spent his time partying with wine, women and song.
As a result he was indisposed and left the running of his business to his son. His main source of income was prostitution. His son was not the only beneficiary. His mistress also owned a third of the business while his godson another third. The three ran the three cash cows separately under different entities and managements. It was a very closed cartel business and everything was within their control.
As time passed, each tried to outdo the other to prove to Ah Beng that he/she could do better. The cartel protected them from new competition and they exploited the arrangement to the fullest. The prostitutes were like slaves to the three organisations, generating incomes to fatten them, which was all good and well.
Then smart alec thinking appeared. They tried to compete with each other 'discreetly'. Three monkeys running the same business and trying to con each other by being discreet. Son brought in foreign prostitutes that were cheaper and better. His business prospers. Not to be outdone, mistress and godson did the same and their shares of the business was back to square one.
When one offered free gifts or extra services the others followed in double quick time. When one cut the price, the others also cut prices.
The consumers were the happiest when the three monkeys fought among themselves, 'discreetly'. The people that suffered the most were the prostitutes. They were the ones servicing the customers and getting paid lesser and lesser while working harder and harder. Even the foreign prostitutes had to compete with foreign prostitutes from cheaper sources.
As far as the three monkeys were concerned, cutting prices was the only way to go. They could think of no other better ways. And they forgot that their business was a near monopoly.
While they kept squeezing the prostitutes, they were not stingy to themselves. They still reaped big profits and bonuses. Ah Beng too was undisturbed. Whenever he needed more money to splash around, he just raised his protection money and the three monkeys would pay willingly.
One day the three monkeys found out that the business was not lucrative any more as the prostitutes too were abandoning the trade. So they sought permission from the Godfather and sold their businesses to live happily ever after from the wealth they accumulated over the years of exploiting the prostitutes.
Subscribe to:
Posts (Atom)


