Desperate situation desperate measures

I am quite confused actually because reports and data provided by the media told of a different story. There were glowing reports that everything is getting betterer. So if I called it desperate measure for a desperate situation is probably wrong. The stock market is doing roaring business with trading volume at all time high and derivatives and all kinds of American gimmicks gaining more acceptance by the market. So business must be good and so is income, especially those of remisiers. SGX has just announced that it is planning to scrap the lunch break so that trading can be continuous. The extended training hours, 90 min, would allow more tradings to be done and also capture the swings of other markets. The immediate rewards for cancelling the lunch break is that traders can trade more and remisiers can earn more commissions. Maybe for giving up 90 min of lunch break a remisier may earn another $16. That should take care of breakfast, lunch and dinner plus transport fares. Not bad at all. I think this is the most brilliant idea that I have come across in my entire working life. To extend the logic to other areas, imagine if our ministers and MPs work continuously through lunch, no lunch breaks, our economy could grow by another 10% at least. Some may call this idea idiotic, but this is just a matter of perception. And maybe those who are laughing at this silly idea do not have the talent to appreciate what it means. I won't call this idea brilliant either. I think it is simply ingenious, and the person coming out with such an idea is a genius. And as National Day is around the corner, we shall award this genius with a National Day Award. We can call it the Uniquely Singapore Genius Award. The only betterest idea that can beat this ingenious idea is non stop trading, 24/7. Only an exceptional genius like me can think of it. Then we can ride the highs and lows of all the markets around the world. And if any investor has a dream of a stock running up, they can wake up immediately to call the remisier to place an order. And those insomniacs can call remisiers at 3am in the morning for a chat. This will be the added service that remisiers can provide when trading is 24/7. Great stuff. For the time being, just go with the no lunch break. All the struggling remisiers would fully support it. Then we can give notice to the restaurants and shops in Raffles Place not to open for lunch.

Need to make Singapore Singaporean friendly

We have many calls to make Singapore more friendly to foreigners, to dogs and cats, to the disabled, to little babies in prams, to cyclists. I think Singaporeans may want to scream out loud, to make this island Singaporean friendly. Singaporeans seem to be getting the wrong end of the stick most of the time, and are feeling being left out in the cold. They have been taken for granted, to be left alone to fend for themselves, to be fleeced, to be cheated, to be conned, to be abused, to be threatened, to be told that they are not good enough, to be called losers, to be told to go somewhere else, best, by foreigners. Would there be someone out there kind enough to try to make this island a bit friendlier for Singaporeans?

More Malays in senior appointments in the Military

Teo Chee Hean reassured the public that more able Malays are taking up senior and sensitive appointments in the military and security services. This came about in Parliament after queries were raised concerning a self radicalized Malay, Muhammad Fadil, was arrested by the ISD. The radicalized path of servicemen in the military and police is a serious concern as the danger and consequences could be very damaging to national security. It is also natural to place a linkage on such arrests to opportunities for higher appointments in military and security services. It is also good that Chee Hean put the matter to rest. The Malays should not be unduly worried that an isolated case like Muhammad Fadil would jeopardize their chances in the various govt ministry. The Malay issue has been a difficult problem for the govt and great afford is being made to make sure that able Malays would not lose out in pursuing a career in the military. With more Malays assuming higher appointments, they could only do the Malays proud and prove that they are every inch a Singaporean like everyone else.

Another discovery after the Great Flood

The latest Great Flood has led to a new discovery in the Stamford Canal. It was discovered that the Canal with a capacity to deliver water up to 1 and ½ Olympic size swimming pool per minute is not able to tahan two onslaughts of rain of more than 100mm coming within half an hour of one another. Obviously a new canal with a bigger capacity is needed. Maybe they should consider a canal that can take 4 onslaughts of 200mm rain within an hour. Maybe be even bigger to cater for a population of 8-10 million people. Such possibility is now higher with the weather, being the weather, misbehaving so badly recently. And as the world gets smaller, not only that we will have to face the problems from La Nina and La Nino, we will now have to watch the typhoons in Vietnam and the South China Sea for flooding. In the meantime work has started to review the whole drainage system and the weather pattern of unpredictable world climatic changes.

New laws against xenophobia

I share the concern raised by Radha Basu in the ST today. She pointed to the xenophobic postings in cyberspace and feared that many talented FTs will be turned away from paradise. She quoted two super foreign talents who had intention to settle here but changed their minds when she showed them the anti foreigner blog postings. This is serious and may become a national crisis when the additional 100k foreign talents that Hsien Loong said was needed refuse to come here to work. Our economy will not see the 15% growth and Singaporeans may lose their jobs as well. And for sure, no big bonuses. Xenophobia has no place in this city of the world. Our country is meant for all the supertalents to live here. We need to quickly introduce laws against xenophobic Singaporeans, especially the oldies and those less talented that are most vocal against foreigners. These people must be put behind bars quickly. Or at least they should be made to wear green vests and paraded along Orchard Road or Raffles Place. But the law must also be fair to the less talented and ignorant Singaporeans. Foreign talents that beat Singaporeans, be they 3 year old or 90 year old, or ridiculed Singaporeans must be given a one way ticket back to where they belong. This would at least appease the unhappy Singaporeans for the anti xenophobic laws. How many of you are in favour of such legislations?

HDB flats for collateral! Cannot Mah...

HDB flats will now not be allowed to be used as collateral for loans. This is to protect the owners from losing the roof on their heads. The good thing is that it will join the list of things that Singaporeans can smile and feel happy about aka money in CPF. The high prices of HDB will now make Singaporeans smile and smile. But if they want to go to the Ah Long for a loan, the Ah long will say HDB cannot mah. Never mind lah, it may be a myth of wealth, but many happy Singaporeans with HDB flats worth a million bucks will can be seen smiling and smiling in the kopitiams.

How to prevent more flooding?

People are starting to question the causes of the recent flooding. It is no longer amusing, or something that will go away. It is something that is going to stay and get worst. June and July are our hottest and driest months. Wait till December and January come, then we will know how serious the flooding will be. For the moment blame has been put to the Typhoon in Vietnam, to little twigs and unusually heavy rain. Looks like the rainfall in one month is equivalent to a whole year's rainfall. Going at this rate, rainfall will be up by at least 500% by the year end. Thank God we got the Marina Barrage or the whole island will be under water. While some may think that the Marina Barrage is a cause to the flash floods, I think otherwise. I am going to put to the blame solely on the building of Noah's Ark. We not only have one already standing on top of the Marina Sands Casino, there is another one coming up at Buona Vista, a mega church that looks like an ark. I think we have one too many arks in this little dot. As was told in the bible, once the ark was built, the heavy rain will come, with the flood. So, blame it on the arks! And to stop more flooding, you got the answer now. Or maybe we should ask Paul, the octopussy, for the answer.

My two dangerous hobbies

I thought writing and photography are two of the best hobbies for an oldie to take up. After reading the papers, I am got this feeling that they are extremely dangerous hobbies. I read that a photojournalist was handcuffed while taking photos of the flood and the official reason given was that he was obstructing the rescue work. And the author of a book 'Once a Jolly Hangman', Alan Shadrake, was arrested for defamation. I must be very very careful not to obstruct the law and not to defame anyone. But I would like some MPs to ask questions on when and what kind of acts would necessitate a person to be handcuffed. Many people are shocked by such news.

The politics of flooding

The repetition of several severe floodings over a short span of time is raising goose pimples in Singaporean gossip circles. In cyberspace, practically every forum or blog worth its salt is very unhappy about the incidents. Some even called for the sacking of the Minister of Environment. Flooding is now politics in Singapore. It will become one of the big issues awaiting the General Election, standing shoulder to shoulder with the heavy weights of inflated housing prices, inflation, employment, foreign workers and medical fees. There is no need to think very hard why flooding has become a hot political potato. The root cause of this problem can be traced to the completion of the Marina Barrage which was touted as our solution to flooding. There was kind of an expectation that flooding will now be history with technology, talent and money on our side. And the expectation is not groundless. We have always been trumpeting that we are the best, we have the money to pay for the best, and the best is all we have. Any shortfall in this expectation, any slipshod work, will become intolerable. The people’s expectation has been raised to a very high level. And you can’t fault the people for it. For they believe in what they have been told. They are in good hands and the good hands are paid with good money to do a good job. The only people that should be happy must be the shops in Orchard Road. Whenever there is a flood, they got free advertisements here and around the world. Everyone will be writing or talking about it. Lucky Plaza and Wendy's must be a common household name by now. They shouldn't be complaining, I hope.

A new vibrancy in town

While Tharman was trying hard to water down the heavenly expectation of a 13-15% growth, while he was trying to say that it was an anomaly, he even sounded embarrass for such an economic data, he finally ended to the extent of saying that this was a flash in the pan incident. Nothing to gloat about. So there should be more sanely expectation of our economic growth next year. No more than 5-6% if my reading is right, for that is a reasonable number for a nearly mature economy. We are no longer a developing country when everything is waiting to be developed. Our only growth factors now are property and high inflation fueled by importing more foreign workers. Remove these elements and we could see a recession in our way. Then again, there are new opportunities for growth. While we thought that the construction industry has been full blown and should go to a hibernation stage soon after the two IRs and the slew of HDB flats going to be built, I am seeing a gigantic opportunity that could drive the economy for the next 10 to 20 years. The flooding yesterday was serious. No one would dare to explain that it was caused by some twits or twigs clogging up the drain. They have done that, by fencing up the drains from twig clogging. The damages are huge and will continue to do damages down the road. And the frequency and severity cannot be ignored as a one in 50 year incident. There is a need to appoint a consultancy to study the whole drainage system and maybe to rebuild a network of drainage tunnels around the island. The machinery used my MRT for tunnelling work could still have a life. Then they could even consider new concepts like flotation gear for new buildings or capsules to keep water from flooding the basements. A network of tunnels will brighten up our friends up north. Mammoth projects like this is their cup of tea. They may even quote for the building of a floating city or a floating island. All new buildings should be built on stilts. The experience in Kukup will come in handy. They have built a whole new village on concrete stilts into the sea. In the meantime, the car workshops and mechanics and the insurance people will be busy making more money from the cars turned submarines. Oh god, my car insurance premium is going to go up again. It is my fault, the fault of motorists who own cars and so it is only expected that they should pay for the higher insurance claims.

The biggest lie modern man lives with

The US of America proclaimed to the world that it is the most peace loving country. And all Americans worthy to be called Americans will rise to clap on that. The American leaders know that they were telling a white lie. The country has been engaged in wars, unstoppable since the end of the second world war, and mostly initiated by themselves on trumped up lies and excuses. The enemies were always unscrupulously inhuman and wrong. Righteousness and goodness were on the American side. So is God. And the American public believe so. Not only the American public believe so, the American allies and lackey countries also believe so, at least when they spoke to the media. But deep down, they all know that they were believing in an American lie. They knew that America was the worst warring country since Germany and Japan in modern history. But for their own survival and vested interests, they have to sing the American tune, and tell the world that America is the most peaceful country. And often these 'axis of evil' countries will also send their soldiers to help in the killings of other human beans, under the command of the evil Empire. How long will humankind stand up to this big white lie and call a spade a spade? How many political leaders would be honest enough to say so?

Cost of living up, standard down

'A Wall Street Journal article in January this year wrote that the relentless influx of foreigners has depressed the wages of ordinary Singaporeans, increased the cost of living and led to an overall decline in the standards of living.' I lifted the above paragraph from an article in TOC. And I believe that some Singaporeans also feel this way, especially those in cyberspace and the losers. How many of you believe that the above statement is true? I think it all depends on how big is your pay check and whether your annual increment is bigger than the rising cost of living. I have spoken to many people and they said not true leh. They said they didn't feel it at all. Some even asked, 'Oo yiah boh' or 'got shadow or not' in Hokien. But then these are the people who also said, 'What is $10m?' So the above statement is a very subjective one. I am stuck in between. Don't know what is happening. Perhaps I am the lucky few, the ignorant ones. When you don't know what is happening, life goes on quite pleasantly.

Who is in favour of the recent fare hike?

The fare hike is now a fact of life, a fait accompli. All the commuters are paying for it by as much as 40% more. And we heard about the restoring of a 3% subsidy. And everyone is happy. No one is protesting or complaining about it. Minister Lim Hwee Hua said the scheme will benefit the commuters in the long run. In the short run just pay more. Just pay first and wait for the benefits to kick in. Benefits for everyone? What about those that just pay more and no benefits? Yesterday the ST also came out in support of the fare hike. And the same note, pay first and let the scheme works. Works towards what? And is this the reason why no journalist or reporter dare to write an article about the scheme, whether the scheme is good or bad for the commuters, how the oldies/students are coping with it and how much more they have to pay? And is there anyone who thinks that this fare hike is unreasonable? Is there any MP going to ask question in Parliament about this? So far never heard of any MP saying that they disagree with this great fare hike. This must be another great scheme that is good for the people.

The American bully telling China off

The Chinese protested to the naval exercise involving a nuclear armed aircraft carrier in the Yellow Sea. To have a major military exercise at the Chinese doorstep is a kind of provocation to both China and North Korea. The American's reply, like all bullies, is simple. We have the capability to hold exercise anywhere and we will do it. This is the same kind of reply that the Japanese told the Chinese when they tried to colonise China in the dying days of the Ching Dynasty. China was weak and was inviting the stronger powers, like Japan, to attack her. One day China will hold military exercise in the Gulf of Mexico and the seas off California and will tell the Americans the same thing. For a start, China should conduct naval exercises with North Korea east of the Yellow Sea. In the meantime, train all the missiles at the aircraft carrier and other battle ships during the American and South Korean naval exercise. Send as many nuclear armed submarines to watch the exercise as well.

Temasek's holding at record high

Temasek had announced that it's holding is now at a record high of $186 billion. I thought they had more. Anyway, what this crowing got to do with ordinary Singaporeans? Smile and feel happy, like looking at the CPF statement? One Singaporean wrote to the ST forum page today asking for this wealth to be shared among Singaporeans. No he did not ask for the golden goose to be slaughtered. He just asked for a drumstick, and as an example, he was talking about 20% of profits to be distributed to Singaporeans. He is not being greedy. He is thinking for the ordinary Singaporeans where a few hundred dollars each can go a long way. I think the answer is simple. For many good reasons, the money is untouchable or cannot be distributed to Singaporeans. First and most important of all reasons, it is not Singaporeans' money. Temasek is run as a private company and the money belongs to Temasek as a corporate entity. It is not Singaporeans' money. So don't ask for a share of it. The money is managed by a professional team of experts and they should be paid handsomely when there is big profit. When there are big losses, life goes on. Secondly, the money is a national reserve. This is the confusing part. It is not Singaporeans' money but I think it is part of our reserve. And the reserve is meant for the rainy day. So the more reserve we have, the better it is for the country. 30 years reserve, or 300 years reserve, even better. So who is going to benefit from this glowing report of $186 billion? I can't feel any sense of happiness at all.

Nano Singapore

The signs are all there. Small is the way to go. Our public housing are getting smaller and smaller, not the price of course. So Singaporeans will have to squeeze themselves into small flats as a new way of stylist living. Pay more and live stylistly. With such a small space, every little inch of space and corner is expensive and must be optimised. The whole island is a bigger example of how every square foot of land is not wasted. In a new move, Singaporeans are encouraged to go two wheels, bicycles! Give up driving, even cheap off peak cars should be abandoned. Just cycle, cheap and good. What's next? A new drug will be invented to shrink Singaporeans to half their present size to fit into the new mantra, 'Small is Good' or 'Small is beautiful'. And yes, we can then take in 20 million people and there will still be plentiful land and space for all. Just a side track, they are asking small children to start saving in piggy banks! Holy cow, with banking cost so expensive, how could these children's few dollars justify an account in the big banks? The $2 monthly charges will wipe out their savings in double quick time. Big banks are for big customers only. No little children can bank. Is this also part of the small is beautiful and good campaign?

American Human Trafficking Report a political tool?

Andy Ho wrote an article in the ST today claiming that the annual American Human Trafficking Report is a political tool. He also alleged that the report has a history of inaccuracies. And the better part, for almost a decade, the report conveniently left America out completely without any grading. Finally this year it placed America among the Tier One country, that is, free of human trafficking blemishes. Am I surprised or no? This report was a de facto world authority in monitoring abuses in human trafficking. Who has accredited this report and given it such a high status is as good as god knows. For those who have been victimized by the Americans, this report is plain rubbish, biased and distorted and adulterated. It is at, its best, an American doctored bastard piece of work. Only countries that were not smeared or attacked by the Americans would have agreed with the American reports. And they would even believe the American reports to be truthful and authoritative. Only when the Americans shafted the rubbish into their throats would they stand up to repute the reports and call it nonsensical.

Economy in the pink of health

Our economy is growing at a phenomenal rate. Thanks to the able govt. The superlative growth will bring prosperity to everyone. The next GE will surely see the ruling party being voted to power again. It can't be helped. The people will have to accept it. Where else can you find a govt managing the country and economy so well.

IRs big contributors to economic growth

Our economic growth data for the year is astronomical and unbeliever. Thanks to the two IRs. The numbers of 13-15% are being quoted, way above the 10% of China. In absolute term our 15% may be infinitesimal, but in percentage term it is something to crow about. We are saved by the two IRs definitely. Now what? Shall we have another one or two IRs? With the present two, our economic growth has shot up by 10%. Another two IRs will see 20-30% quite achieveable. That would be really unbelieveable and a world record again. But going this route could push the two and then four IRs into the red, like the stock market. Too many stocks and derivatives and too few investors, with many becoming penny stocks or ghost stocks. The two IRs are doing roaring business. Another two may also do roaring business if the supply of visitors and gamblers continues to grow. If not, they will go kaput. Maybe a little restraint will be better. Follow the public housing policy. Build lesser than the demand and be happy with the long queues of applicants and over subscriptions. Prices can be pushed higher and higher with demand swarming over limited supply. The entrance fee for citizens can also be raised if the number of IRs remains at two. This is creative management of supply and demand in a free market economy and everything else can be left to free market forces. And if prices go up, just point the finger at the free market forces. It is the problem of the market. Or it is how free market should work. Long live free market and free entreprises.

What is Third World politics?

Let me try to figure out what are the features of a Third World political system from what we see in the Third World countries. 1. Often it is run by a dictator or near dictator leader who leads with an iron fist. 2. Political power is used in every aspect of life to the advantage of the political leader. It is as good as power is right, power talk. 3. Money is a very important element to the political leadership. They just keep amassing themselves with wealth and become very wealthy. This is not true for the masses, and the income gap is always very wide, beyond any reasons. 4. The political leader is always surrounded by henchmen that do his callings. And the henchmen can be ruthless but always mindful of who they are beholden to. 5. Govt machinery and organisations are used to pursue the political objectives of the leader, especially in dealings with political opposition. 6. Political opposition are treated with disgust. They are often harassed, intimidated, persecuted, threatened and imprisoned. 7. Change in political power to another party is unheard of and cannot be accepted 8. Political power is often transferred from father to son or within the family. 9. The military is often used to back the political leadership and could be unleashed to seize political power if needed. 10. Children and family members of the political leader are often blessed with exceptional talents and abilities and are thus appointed to head all the important agencies. We can see these features very clearly in the times of Saddam Hussein, in Libya, in North Korea and many Afro Asian countries.