6/07/2010

A local talent's future destroyed

Ang Jun Heng is a straight As student from Raffles Institution. He intends to apply for a SAF Scholarship to read Engineering. His future is, or was, very bright. Now he is lying in the hospital with severe cuts and injuries to his whole body and hoping that his reattached 4 fingers could heal and return to normal. Jun Heng was one of the unfortunate victims of the brutal robbery and savage attacks on several people by some foreign workers from Sarawak. Though most of attackers have been arrested except one, and some facing death penalties, none of these will be able to return Jun Heng his normal life and his bright future. I hope the authority will come down hard, extremely hard, on these foreign criminals who were given a chance to make a good start here but instead brutally attacked our citizens and hacking their victims with knives like savages. There must be no mercy shown to them. I would advocate that there should be another harsher laws for foreigners commiting violent crimes against our citizens. We were so nice to them, welcome them to our homes, spent monies to organise parties to make them happy here. And this is our just rewards. This is not an anti foreigner article. The good and law abiding ones are still welcome. For those who resort to vicious crimes against our citizens, let it be known that the law will come down very hard, doubly hard, on them. They must not return our generosity and kindness by harming our people.

6/06/2010

Big and little Empires and their rights

At the Shangri La Dialogue, the US Defence Secretary Robert Gates pooh poohed the cutting off of contacts by the Chinese military with the Americans on the ground that the US was selling arms to Taiwan. He proudly told the delegates that the Americans have been doing so openly all these while so why the big fuss? He should also tell the delegates that the Americans also have a treaty to defence Taiwan should it be attacked by China. And Taiwan is a breakaway island from China. He should tell the delegates that for centuries the colonialists have ruled over the Asians, Africans and Americans, so it is alright if they continue to do it, openly. What this representative of the Empire did not know is that the Empire can do anything it wants as long as the subject nations under the Empire are too weak to talk back. The point is that the Empire forgets that once a subject nation is no longer a push over, it is not going to be dictated by the one sided rules and terms of the Empire. The balance of power as changed. And he went on to tell the subject nations in the Dialogue that the Empire will look at more options to punish North Korea for the alleged sinking of the Cheonan. He took it for granted that the one sided investigation by the Empire and the evidence produced are final, and the rest of the world must accept them as the ultimate truth. This truth and evidence cannot be questioned. The Empire is the arbiter and the judge and the executioner. Was he cocky, ingnorant or still believes the Empire calls the shot? In the eastern Mediterranean Sea there is a little Empire telling the countries in the region who is the boss. They control the sea, the land and the air. They will police the region and will take over any ships, vessels or vehicles moving without their approval. The countries in the region will just have to live under the rule and authority of the little Empire. And this state of affair will go on forever until such a time when there are capable countries that could challenge the balance of power there. In the meantime, the little Empire shall call the shot, like it or not. The big Empire will look the other way, and the UN will simply disappear knowing where it stands. So will other little European Empires. They share the spoils and divide the areas of influence among themselves.

Protest against Telcos in Hong Lim

Football fans staged a protest at the Speakers corner to show their displeasure against Singtel and Starhub for the high prices for the World Cup matches. By next week the two telcos are likely to come up with their facts and figures to prove how affordable and reasonable these prices are, and the protestors just have no case. This is the correct Singaporean way of communicating with the people. And after that, case close, no more issue. With only two or three telcos here, and running as private companies answerable only to their shareholders for profits, the football fans shall count themselves lucky that the prices are so affordable. In fact any price is also affordable as long as there are fans who can afford to pay for it. What is the message that the protestors were trying to make? Is it a reminder to the super talented CEOs that they should not take the consumers for granted and that they can pay any prices only to pass the buck to the helpless consumers? And they can still make handsome profits knowing that the consumers just have no choice but to pay. I think we need more of such protests to register the point. If not, such reckless behaviour is bound to repeat over and over again.

6/05/2010

SMRT graffiti

I must say that the graffiti was very well done. SMRT would have to pay a lot for it if it were to commission an artist to do it. And I think SMRT quietly told itself that they didn't mind and let the train go around the island with the graffiti on it. But a crime is a crime. Vandalism is vandalism. The culprits must be charged in court and sentenced to 2 weeks jail. They shall serve their jail terms in SMRT depots and made to paint more graffiti officially with SMRT's consent this time. And SMRT can pay that a token of appreciation for a job well done. Put the blame on the Olympic spirit of good sportsmanship since the YOG is in town.

The superficial MBA Oath

A meaningless and superficial MBA Oath is now circulating in some of the top universities around the world, including SMU. MBA graduates are supposed to take the Oath modelled on the Hippocratic Oath of the medical profession which too has become superficial in many ways. The MBA graduates theoretically pledged to be good boys and good girls, do no evil, do only goodness, do no harm to others, and to help the society rather than their own pockets. If this is the best that these highly regarded institutions of higher learnings can come up with to save the world from another financial crisis, I think a primary school kid will be able to come up with something more idealistic. The real problems which no one wants to see or admit is that the administrators and regulators are in cahoot with the crooks and allowing the crooks to do as they pleased, helping them to take advantage of systems and regulations to enrich themselves with not a care about the consequences to anyone. What is needed is to put a hangman noose on the heads of the administrators and regulators and make them say a pledge as below, modelled after the superficial MBA Oath. 1. You shall be hanged if you do not manage the enterprise with loyalty and care, and advance your personal interests at the expense of the enterprise or society. 2. You shall be hanged if you do not understand and uphold, in letter and spirit, the laws and contracts governing your conduct and that of your enterprise. 3. You shall be hanged if you do not refrain from corruption, unfair competition, or business practices harmful to society. 4. You shall be hanged if you do not protect the human rights and dignity of all people affected by your enterprise, and you do not oppose discrimination and exploitation. 5. You shall be hanged if you do not protect the right of future generations to advance their standard of living and enjoy a healthy planet. 6. You shall be hanged if you do not report the performance and risks of your enterprise accurately and honestly. 7. You shall be hanged if you do not help the management to continue to advance and create sustainable and inclusive prosperity. But for the above pledge to be effective, an independent govt body shall be set up to monitor the administrators and regulators to check on their actions and compliance with the pledge. Self regulations or little regulation is the biggest bull that will make a farce of the pledge. The administrators and regulators must come under intense scrutiny if they are to do their duties diligently and objectively, and fairly. And they must know that the axe will fall on them if they don't do their jobs as expected in accordance with the above pledge. So far the administrators and regulators are acting as gods, passing judgements when in fact they are as culpable as the crooks that nearly destroyed the financial system. The sad part is that we were just given a rude warning and no one is taking heed, and the crooks are still at it daily, doing their damages with impunity, knowing that they have the administrators and regulators in their pockets.

6/04/2010

Low Teo Ping for President

The contest for the President of SAAA is hotting up with Low Teo Ping throwing in his hat. I think we can't find a better candidate than Low Teo Ping given his sparkling track record in sailing. His team of local boys and girls are world beaters. These are 100% local bred. No need to buy from other countries. Low could repeat what he did for sailing in athletes if he takes over the helm. He should be given the post of Ministers for Sports to give him the authority to revamp the whole system that is increasingly relying on money to buy glory, buying foreing talents to carry our flag and fight our fight. Low Teo Ping is the man.

S$18,316,267,123,556

S$18,316,267,123,556 This is size of debt that could bankrupt US. The above front page headline is in mypaper today. I am still panting after typing the numbers on the keyboard. To me, the US is already bankrupt, not that the amount could bankrupt the US. How and when are they able to pay back when the debt is still mounting daily. The wars they are conducting, the huge military forces they possessed, the bases overseas, luckily they need not have to pay their politicians too well. But that could be their mistake and the cause of this huge debt. I thought if they sell their 6th Fleet and 7th Fleet to China they may be able to get out of their debt. Looks like they will have to sell much more to clear what they owed. The greenbacks are going bananas soon.

FT showing their true talents

Another aspect of the talents possessed by our foreign talents, oops, I mean foreign workers to be more specific, is gang robbery. A gang of 7 went on a rampage, killing one and wounding 3 or 4 within a few hours in the Geylang/Kallang area. It was the most outrageous attack ever launched by the foreign workers in one night, and with so many victims. Thanks to our men in blue, they were caught except for one still at large within a couple of days. So you guys better be grateful at our men in blue. They are good. Then another case of 5 foreign workers robbing 500k ringgits from two money changer couriers was also reported today. And they too were arrested within a week. This is kind of a record, to be able to crack such cases in a matter of days. But the important thing is that with the prosperity we have, and with the foreign workers trying to make ends meet, it is a matter of time before they become too daring and wanted to get rich quick. Armed robbery does not need too much talent really. When desperation pushes them to the wall, anything goes. This is the social price we will have to pay. Hopefully it is not too high and not too frequent.

6/03/2010

Prompt, credible and impartial investigation

Hilary Clinton said that the US had agreed to a prompt, credible and impartial investigation on the Israeli attack on Aid Ship heading to Gaza. This is her response to the UN's call for an investigation. I am wondering why the UN did not call for a prompt, credible and impartial investigation. And I am wondering why the US, UK and the South Koreans went ahead on a partial investigation without any independent party involved. What is the difference between the type of investigation conducted by the US, UK and South Koreans and a prompt, credible and impartial investigation? Was it prompt, was it credible, was it impartial?

Praying for abundance

The City Harvest Church is in the limelight for the wrong reasons, and many quarters are pointing an intimidating finger at it. Some remarks were not very pleasant. I have heard a little about what CHC is doing and the very positive comments by the believers on what they are doing, and the wonderful pastor in Kong Hee. I look at CHC as a revolutionary church, one that is taking the Christian movement to a new age. When wealth is everywhere, there is no need for poverty. Yes, we should be praying for abundance, give more and receive more in return. Generosity will be rewarded. There is no necessity today to want to be poor, to live in a state of poverty as a precondition to go to heaven. Why should people who work hard for what they have be wrong because they are too rich, and theoretically should not be in heaven. This concept or belief will rule out many of the successful people from being in the company of God. Let's celebrate wealth and richness. Let's be rich and live a good life of abundance. Let there be no guilt for living well and wanting to live well. And with wealth, many good things can be done, to be generous and kind to the less fortunate. Without wealth, it is difficult to even offer help and assistance. Wealth and abundance are good. Many non Christians are practising this all their lives. My parents too have been visiting temples to pray for abundance. Many of other religions or no religion too have been visiting houses of worship to pray for wealth and abundance. I am no exception. Anyone think that it is wrong to pray for abundance and live in abundance? Anyone does not want to live a life of abundance and want to live like Mother Teresa?

6/02/2010

Building a nation

Building a nation, they used to call it nation building, is not about setting up a business, hire and fire, pick the best and discard the worst. A nation is about a people with a share history, some common identity, and a share destiny. It is not about fair weather friends, come when the weather is fair and vamoose when things get bad or there are green pastures elsewhere. It is about sticking together, looking after the able and disable, yes, no one is left behind. And many more. The last thing about nation building is to clamour for foreigners at the expense of your own people. To disadvantage your own people and tell them they deserve it if they don't buck up and there are many foreigners queueing up at the door to replace them. There is this relationship, an unwritten bond, to stick together for good or for the worst. When leaders forget and think that the less able can get lost if they are unable to keep up and will be most happy to bring in fair weather foreigners, give them a pink ic and call them citizens, then we are not talking about nation building. We are just running a corporation, hire and fire, no misgivings, no gratitude, no attachments. The people don't owe anything to the govt or the country and vice versa. Just a business contract.

Kim Jong Il is a madman, also a genius

Kim Jong Il is a madman that runs a very poor country for more than 50 years from the time of his father. And the North Koreans are still not starved to death and could build nuclear weapons and maintain an army that could over run the south with the word go. And the status quo is only maintained with the presence of American troops and backed up by Japanese pledge to join in to defend the South. Could a mad man and a very poor country really to that? Oh he is also a genius. And there was ‘a thorough investigation showing that the North Koreans are responsible,’ for the sinking of a South Korean corvette Cheonan. This is the most concrete evidence so far. Beyond any reasonable doubt. And Kim Jong Il did this just to attract world attention to feed his ‘dangerous personality disorder – “malignant narcissism” …which involves “extreme grandiosity and self absorption”. Isn’t this what George Bush was suffering from? Ok, Ok, I did not make this up. The above information can be found in William Choong’s article in the ST yesterday. He is a senior writer. I am wondering why he is so sure that the information was true and factual. How did he know, or those people who have no contacts with Kim, know that he is mad, and also a genius? Did they diagnose him or treat him? And I also wonder why William Choong is so sure that the evidence on the sinking of Cheonan is not fabricated but the whole truth and nothing but the truth. The Americans and South Koreans said so? There is another page on mypaper today showing satellite photos purportedly of the palace of Kim Jong Il and proclaiming that this is a man who lives a lavished lifestyle. Looking at the images, the size of it was nothing compare to the football stars or Michael Jackson's estate or much bigger than any residence of heads of states. The question is that why are we so obsessed with North Korea and so happy to read unsavoury news about that country? Do we have an axe to grind, do we have an agenda, are we anti North Koreans? Or are we just being fed by the western media to attack the North Koreans without knowing it? The West have an interest to paint the North Koreans as black and bad as they can to justify their political interests. Do we have such an interest?

6/01/2010

Israelis raid on Aid flotilla

Israel conducted a raid on the Aid Flotilla heading to Gaza in international water. 10 of the Arabs or Turks were killed and several wounded. The US as usual expressed regrets! That's all. And they were asking for blood in Korea. The saddest part is that all the Arab world could do is to demonstrate and cry for revenge. And revenge is something they are incapable of. And an even saddest part is that they will be hit and hit again by the Israelis at will, any time, any place, and all the Arabs could do will still be demonstration and crying for revenge, beating their own chests and hurting themselves. China was in the same shit hole when it was weak and helpless. Today, see who dares to attack or hit out at China. The Belgrade Incident will never be repeated again. That was the last incident that the Chinese will accept without hitting back. The next time China will hit back. Iran and North Korea are getting stronger, and to think of hitting these two countries is a dicey thing. For the attackers will not know what would hit them in return. There is merit in being strong and powerful and being able to defend yourself. For the rest of the Arab world, enjoy your crying and demonstration. They can continue to do these eternally if they remain weak, divided, and helpless. The Arabs are the Sick men of the Middle East.

Why no condemnation?

When a Chinese vessel hit the Great Barrier Reef, there was immediate condemnation and even talks of criminal charges against the captain of the ship for destroying the ecological system. We had our own oil spill last week and there was an article in the Today paper asking the question, 'What if the oil spill here was really big? Does it really matter? The proper question to ask is who is spilling and destroying the environment. Look at what BP has done and still doing at the Gulf of Mexico? 19,000 barrels per day gushing out of its well and it is more than a month, and the oil is still flowing out, creating the worst environmental disaster in American history. Where is the condemnation? Where is GreenPeace? Where are the environmentalists? Thank god it is BP versus America. If it was China, war could have broke out. How could any country or company be allowed to let a disaster of this proportion go on like this and still taking its time to deal with it? And all the western journalists, environmentalists and govts are keeping mum. It's ok. Don't worry about what if the oil was really big. Ask who is the culprit.

Can Singapore become a casualty of sovereign debt?

Unlikely. We are very cash rich and have invested several hundred billions in a diversified portfolio and managed by some of the best fund managers money can buy. No way are we going to become the first sovereign fund to turn turtle. The billions that we lost during the subprime crisis is an aberration. It will not happen again. Not our fault by the way. The subprime crisis was not expected. So was the PIGS crisis. Unless the PIGS grow bigger and drag down a few bigger economies like UK, Germany and the EU. If that happens, no one can run, no where to run. Our hundreds of billions would become waste paper. But they are real money that comes from somewhere. Somewhere there must be owners who want their money back, to be repaid. That would be the day. But a collapse of Europe is just impossible. Don’t even think of it. It will not happen. So, for Singapore to become a casualty of sovereign default is simply unthinkable. Don’t worry. Go ahead and take the loan to buy that million dollar property. Everything is fine. If the impossible happens, pure speculation and imagination, what would happen to those with a million or half a million dollar mortgage to pay?

World Table Tennis Final, China versus China

The recently concluded World Table Tennis Championship in Moscow saw Chinese players representing China and Singapore competing. The Chinese players won, and Singapore claims glory. We are the World Champion in Table Tennis. There will be victory celebrations and we can tell the world how great our table tennis players are, and we have world champions living among us. I still can't find the slightest feeling of exuberance in this great achievement. But that is only me. I believe many will be celebrating our World Champion status, a midget country that has no resources except human talents has finally produced world beaters. Something to be proud of. For the rest of the Singaporeans, be happy that you have a chance to celebrate and cheer and clap your hands furiously for this great glory. Thanks to our foreign talent policy. This is proof that it is a successful policy and we need to do more to bring in more foreign talents and we can be happy everyday. They have lifted our standard of table tennis. And there are many fields that we need them to lift us to higher planes. Bring them in! In jobs and employments as well. Our productivity will also stand to benefit. And the rest of the Singaporeans can be happy clapping for them, never mind if some Singaporeans are jobless or have difficulties finding a decent job. From the big picture it is good.

5/31/2010

Something right and something wrong

There is a letter in mypaper today by a Mrs Anna Lee on the good life of PRs in Singapore. When they completed their employment terms here, they take out all the CPF and go home to their big 'renovated luxuriously and comparable to a Good Class Bungalow here,' in the Philippines. And these are just the middle executives with incomes in the $2,500 bracket. With this kind of income, the exchange rate and low cost of living, their income here could multiply many times back in their home town. We can only boast of our great infrastructure and world class govt and world class lifestyle at world class cost of course. And the option is either or. We cannot have world class everything without paying world class prices. That is the only way and as they said, you can't have your cake and eat it. Our middle level executives with a combined income of $6000 to $8000 can at best live in a pricey 5 rm HDB flat. So, win some lose some. And for those graduates trying to find a decent job, maybe wait for a while to save enough for a 3 or 4 rm flat, and that would be quality living they can afford.

Can we afford to produce so many graduates?

We have three state universities and several local and joint universities in our little city. And each has been increasing their intakes of undergraduates rapidly. And we have several polytechnics as well. Then we also have students going abroad on scholarships or on their own to pursue that degree. In total, it is quite possible that 40-50% of each cohort will turn up with a degree and another 20-30% with a diploma. Can our economy absorb all these graduates and keep them usefully and meaningfully employed with reasonable jobs and income commensurate with their qualifications? Employing graduates in jobs that do not require their level of education is not satisfactory and not a desirable solution. In order to accommodate all these graduates, there must be a policy change to make it workable. The liberal policies of welcoming foreigners that are no better or even less well educated or trained as our citizens must be modified. If we are serious in wanting to raise the educational level and technical expertise of our citizens, we must have the capacity to absorb them into the system. The liberal policies of employing foreigners for middle executive levels and above need revision, including setting quotas for local versus foreigners. If the job market is to be lassez faire, the unfair competitiveness of foreign talents will only rule out the employment of local graduates and we will be building a little time bomb in the social fabrics of our society. There will be a political and social price to pay. Answering to the demands and expectation of parents and individuals to want a tertiary education is one part of an equation. Satisfying their higher expectations in jobs and lifestyle is the other. The first part is being accomplished with the availability of more university and polytechnic places. Looks like the second part of the equation is still unsatisfactorily managed and will build up more stress in our system. The young and unemployed graduates and the displaced PMETs will be a force to be reckon with.

5/30/2010

A desperate plea from an honours local graduate

'...I sank into a mental depression and felt completely useless. There was a period whereby I can’t even afford to have a proper $3 meal outside and had to feed myself with instant noodles and plain water every day.' The above was from an article posted in Gilbert Goh's Transitioning.org. It is quite a long article by a local honours graduate who called himself Tan. He said he had just got an administrative job after 5 months of search, 11 months of door to door salesman, and another 4 months of search after he was retrenched from his first jobs of 3 months. Tan was expected to be the sole breadwinner of his family but his jobless status had forced his parents to continue with their odd jobs just to carry on. And he was also settled with a study loan to pay. Without a job, without an income, he ended having to borrow to clear his debt. This is the plight of some new graduates who are not lucky enough to have rich parents and could go on a long overseas holidays after graduating, and finding a job is secondary. Yes, some are not so fortunate. When graduates of tertiary education was only 3% or 5%, a degree was a passport to a good life with jobs aplenty waiting for them. When 30% or 40% of each cohorts ended with a degree, the equation changes. A degree is just a degree and many applicants are also armed with degrees. It is not a guarantee that one can land a job so easily. Then we have the talented foreigners coming in to take a share of the jobs available, and there are the retrenched or jobless PMETs begging for a job as well. Funny that this is a problem when technically we have full employment. Something is amissed. It will be a matter of time before our graduates start to drive taxis or be croupiers in the casinos, or as salesmen as saleswomen. Please lower your expectation even if you are a graduate as you will hit one by throwing a stone into any crowd. I wonder how much the parents will have to pay to bring up a graduate. And I wonder how much will be needed for these young graduates to start a home, to buy their first 3 or 4 rm flats. Forget about anything bigger or private. Those must come from the pockets of rich parents. Are we happy with the current situation? Are we doing it right or doing it wrong?

Can the Railway deal be derailed?

More positive comments are coming out from UMNO leaders, including Khairy Kamaruddin, the UMNO Youth Chief, who was the hottest head in fanning anti Singapore sentiment in the days of Mahathir. He too could see the logic and benefits of such a deal when the sky is clear and the wools were removed from his eyes. The benefits are so obvious and tremendous that only those who chose not to see would miss them. So far the glaring silence from the Mahathir camp and his erstwhile comrades in arms is the only notable thing in Malaysian news. They have kept quiet, including Mahathir. While things are looking well, Najib's path is still not smooth sailing as he is being challenged on his NEM, New Economic Model. Some UMNO branches are accusing him of selling out Malay rights. Najib's trump card is his father's reputation of being the champion of Malay Special Rights. One of the puzzling argument by his opponent is that some Malays are still not able to compete equally with the other races. Could any race have members that are all able and talented to be the best among the best? This is a flawed argument that is being thrown out as a justification to extend the NEP. In reality, every racial group will have its talents and not so talented and the latter will forever be left behind no matter what and how long it takes. It is just a natural thing. To expect all the Malays to be equally competitive is a false argument. Najib still has a big task ahead as he seeks to find new directions to take Malaysia to the future. And the danger of him being toppled and his plans discarded in mid stream are highly possible. Malaysian politics is very fluid and anything can happen except certainty. Nothing is firm or certain. Laws can be changed overnight, policies revoked, and master plans shelved. The only saving grace today is the urgency to want to move forward and achieve a developed country status. And a lot of money and resources have been expended on the IDR. Pulling back and pulling the plug will be very costly. There is no turning back in a way. But be not too sure on this. Is the Railway Agreement a deal done? The politicking has not started yet.