8/16/2011

mysingaporenews a heavyweight blog

Many bloggers have complained that the speed of this blog is getting too slow. Often it gets stuck or frozen and causing a lot of frustration to users. My apologies. The service provider of this blog is Bloggers and if it is a system fault only Blogger can answer for it.

My feeling is that this blog is becoming a heavyweight, getting too heavy, and unable to move quickly. Now, is this a good sign or a bad sign. Some say good, only heavyweight blog will encounter such problems. Lightweight blogs will be speeding along quite happily with lower traffic, like a free flowing expressway.

I think Firefox is still crusing quite well. Some have suggested Explorer Chrome. I hope it is not due to the generosity of some parties who happily shared introduced some bugs or cookies into the blog. I have removed some pages and links to make it lighter.

For the time being, let's pretend that it is a heavyweight blog and getting too much unwelcome attention: )

Shanmugam is right

In a way, Shanmugam is right in telling the Singaporeans to vote for the President as spelt out by the Constitution and not the President they wished to have. What else can the Singaporeans do? For this presidential election, Singaporeans have no choice. It is written in the Constitution and Singaporeans going to the polls cannot act other wise.

Singaporeans who want to vote for the Office of the President with powers and duties they wished the President would have would have to wait till the next GE. Only in a GE will Singaporeans have a choice to decide what kind of EP they want. And if they are serious of wanting their kind of President, they will need to vote in a different political party to Parliament and with a 2/3 majority. Only then can they change the terms of reference of the EP, even all the criteria of eligibility for the presidential candidates. They can even disband the Presidential Election Council.

Yes, they can do that only if a new party comes into power with a 2/3 majority in 2016. For the time being, everything is fixed. Cannot change except to elect one of the Tans. There is nothing else that Singaporeans can do now.

Questionable numbers

Two sets of numbers in Hsien Loong’s speech don’t really make sense. The first is the number of university places from 9,000 to 12,000 in a decade, from 2001 to 2011. By now every Singaporean should be familiar with the increase in population from 3m to the present 5m plus, or almost a doubling of the population in the last decade or so. The problem is so glaring that our super talents even failed to see and failed to provide for it. Go figure it out.

With such a huge increase in population and the provision of 18% of university places for foreign students, the total increase in places is only 3000 when the population gone up by nearly 3m. Maybe the number is too big and too fast that it is very difficult to grasp even for the most talented.

The other numbers, income ceiling for BTO flats from $8k to $10k and $10K to $12k for Exec condominiums. Superficially looks like a big relaxation. It was reported in the Today paper yesterday that a young couple whose combined income was $11k were feeling lucky. So happy, now qualifies to buy EC. Really?

In the past, when one registered to buy a HDB flat, they used your income from the date of registration. I was told that today, they used the income when one is offered the flat. (Correct me if I am wrong). Get the idea? This is one of the sick causes of why many young people got kicked out of the system when they could not get a flat within a few years.

Would the $11k couple still be qualified in 3 or 4 years time when the flat is built? For such mid level professionals, a couple of thousands of increment over a 3/4 year period is common. And there are two of them. It is quite possible that one year after registering they could see themselves disqualified with income exceeding the $12k.

Such situation will affect many in the $8k to $10k group who are eligible for BTO as well. It will affect the singles as well. So, is the increase/solution really effective, or will it help the singles and young couples or all the flat applicants?

8/15/2011

A time to stop contributing to Medisave

As long as one is employed, one continues to contribute to CPFMedisave for as long as one is alive. For self employed, they will have to continue contributing to Medisave even at 100 years or more under the present rules. What is the logic of contributing endlessly when CPF savings can be withdrawn progressively after 55?

The other point is the bottomless limit of Medisave Minimum Sum to be retained, increasing annually. There is a point in life when living is a matter of diminishing returns. There is a point in life when there is no point to perpetuate life when the cost of keeping one alive is unsustainable and for no benefits. When one has lived to a ripe old age, when the legs and hands no longer move, or could barely move, when the body no longer feels, when keeping the body alive is so expensive, living or being alive is suffering, what is the point of having a lot of money in the Medisave when in such a state?

For the rich, when money is not an issue, it is ok. To many, when money is a big issue, it is not ok. Should the govt pass legislation to hold back the people’s savings after 75, 80 or more, so that the money can be used for expensive medical bills while the owner of the money could no longer enjoy even simple food, see nor hear?

There must be a point in time when money is no longer useful, when being kept alive is meaningless. Money is useful when one can still enjoy them, having a good meal, a drink, or moving around, still able to feel the senses.

The legislation must be changed to stop CPF from taking the people’s money after a certain age. A self employed person at 60 is in a much better financial position than one that is unemployed and drawing down on his CPF savings. When one is eligible to withdraw the CPF savings, that should be the age for those who are still economically active to be spared the burden of contributing to Medisave. Their incomes are more valuable when they are young, (not counting wasteful inflation) than when they are no longer physically able.
Savings for Medisave after the CPF withdrawal age must be voluntary. After 55/62, CPF or Medisave contribution must no longer be compulsory but voluntary. Otherwise it is like extorting the old folks, to withhold their money to fatten the nation’s reserves, and which they are unlikely to use them. It is another way of robbing them to pay the hospitals, against their wish when they are mentally unable to decide for themselves.

After certain age, the people must have the right to decide if they want to waste their money to pay the expensive hospital bills. Maybe some are hoping that once the oldies hit dementia, unsound mind, let other people decide on how to spend their huge savings in the Medisave.

It is time the govt review the CPF/Medisave Contributions for the old folks. Stop bullying them and taking their money against their wills.

Financial crisis hitting stock markets


MAS is getting more clouts to deal with errant pushers of toxic products. This sounds like a good thing. What MAS needs to do is to be more proactive and look at the whole financial system as well, especially how stock markets are run around the world, and how dangerous products and systems are allowed to get into the stock market system to run riots and exploited the weaknesses of the system to prey on the small investors.

The exploding financial crisis in the US and Europe is affecting not only toxic products but also the stock market mechanism and processes. The plunge in Dow and Europe market had caused panic and the immediate response by the European govts is to curtail short selling. The damage that short selling could cause, and how this mechanism can be easily abused need no further explanation.

Short selling and many other new devices and systems have been introduced into the stock markets world wide, including high speed trading, derivatives, dark pools, programme tradings, etc that violate the principles of stock trading. The very basis for funds to employ these new gadgetry and systems works against how a stock market should behave. In the long run they will devour everything and lead to a loss of confidence in stock trading and even the destruction of this industry.

They also violated the sacred principles of level playing field and transparency. If stock markets allowed such principles to be transgressed with impunity and explaining them to be part and parcel of modern stock trading, there is a very high possibility that the stock markets would go the way of toxic notes and bonds. They could inflict more severe damages and consequences than just toxic products. The industry could collapse and many people, other than losing their investments, could also lose their jobs.

Eventually the blame will fall back to authority/regulators for allowing all the infringements of good market practices, principles and rules and regulations to be breached and not doing anything to prevent them. When it became another crisis like the minibonds, it will be disastrous and the authority cannot run away from this responsibility by claiming investors went in with eyes wide open. The authority has the responsibility to provide a fair system and level playing field. That is the basic principle and also the rationale for the existence of a regulatory body. The people trust that the stock market are there to provide a level playing field and MAS is there to see to it. Caveat emptor is not acceptable when a system is allowed to operate with unfair advantages to the big funds.

If ever the stock market collapses, someone will have to answer for it. The key questions will be whether there is a level playing field and whether the new trading platform provided the funds with an unfair advantage over the small investors.

Post election Rally


It was a National Day Rally, but the tone of the Rally could be more a result of post election effect. Several key policy positions that were stubbornly held previously were dismissed to history. And the citizens must thank the result of the last GE for such changes to take place. Prior to the GE, several policies were still zealously guarded as the key foundations for growth and development of this ‘work in progress’ nation that is unlikely to become a nation for a long time to come. Many things that were built in the past were allowed to go to waste to accommodate a larger influx of foreign talents to dilute the core values, social behavior and the privileged positions of citizens.

This post election Rally is seeing some changes. Income ceilings to purchase the unaffordable affordable public flats have finally been raised to the displeasure of some. Without the GE, the ceilings will still be unshakable, necessary and the right things to keep.

The influx of foreigners is said to be slowing down. Let’s wait to see some statistics as the official policy is that they are still indispensable to our economic growth. The numbers will tell whether there has been a slow down and how significant is the slow down. Hopefully it is not just cosmetics.

Tertiary education for Singaporeans is seeing some changes in increasing future intakes. But foreign student intake will remain though the percentage is smaller with a bigger base. They should follow the British system, foreign students pay the full fees to subsidise the locals who pay substantially lower than what the former pay. With such a policy, we can afford to build another one or two universities and increase the percentage of foreign students even to 50% and no locals will be complaining.

There was no mention of past students that were disadvantaged by the old policies and had no choice but to go abroad, and with their parents selling their homes to pay for their expensive foreign university education. Neither were anything mentioned about those young people who were forced out of public housing by the old policies and left in the lurch. Whatever was done was over. For university education, there is nothing that can be done for those who already spent their time and money overseas. For housing, many are still left hanging in the air, income exceeded because of not building enough and low income ceilings. Would the govt make amends to accommodate those victims of past policies?

Special education and healthcare also see some changes with more budget or subsidies allocated to these areas. With the growing cost of healthcare, subsidies and help may go some way but only temporary if the runaway cost is not contain, like property prices. Contain and reduce the high cost and no help will be needed.

Maybe another 10% swing in popular votes in the next GE could see more substantial changes to benefit the people. The people must be looking forward to more GEs.

8/14/2011

Rise of an Asean military power



Filipinos have taken centre stage the last few days in our social media. It was something like they were shocked by Singapore’s NSmen lacking in morals, loyalty and patriotism. Given the rising stature of the Philippines as a military power in SE Asia, I think the comments made good sense and a good reminder of how far Singapore has been lacking behind the Philippines.

On record, the Philippines have the reputation of being the only Asean country that could take on China. They have arrested Chinese seamen, removed Chinese territorial markers in the Spratly Islands belonging to China. And they have warned China that they would fire at Chinese naval ships in the area.

Now where on earth can you find such a garang country, other than the US, to talk to China in such a threatening manner? Yes, only a rising military power like the Philippines could act in this way, fearless, with a strong sense of morals and patriotism. This is something that Singaporeans got to learn from the Filipinos.

The latest is that the Philippines Navy is buying a patrol craft to defend its islands against China while China is playing with its new toy, an aircraft carrier.

If you don’t agree with me on the facts that I used to support my case, you must give it to the Filipinos for their confidence and guts to tell the Chinese off. Great nations and great people start by thinking they are great and believe in it.

One of Singapore’s best policy today is to add the good genes of foreign talents into our degenerating and depleting gene pool. Since independence, the quality of our talents is going down hill to the extent that many CEO positions in our native organisations must be helmed by foreigners. Maybe this is one of the reasons why we are welcoming more Filipino FTs to our shores to share their good genes. And our little children will also be taught the great values of the Filipinos by the maids.

At the end of the day our gene pool will be enhanced and perhaps we could also make claims to the Spratly Islands. There is oil out there and would be good for our economy. If the Chinese objects, we can also threaten to arrest their seamen as a show of force. I think we have a few more patrol craft than the Philippines, and if they could stand up to China, we should be able to do better, if only our NSmen have more morals, loyalty and patriotism.

Presidential candidate Tan Kin Lian

Tan Kin Lian speaking at Speakers Corner yesterday on his election platform.


The news so far on Tan Kin Lian is on his departure from NTUC Income. Kin Lian has his version for leaving and NTUC has come out with their version that told a different story. So far the exchange has been quite civil and no one of senior positions has been going around take buses or taxis or checking on personal claims to cast doubts on him.

What is important at this point in time, like all other president hopefuls, is that the PEC has found them to be men of integrity, good reputation and character and is fit to be the president of the country. The disagreement on the how and why that he resigned is not an issue of misconduct or mismanagement. At top management level, many a time the reasons for a separation can be quite dubious, controversial or a matter of chemistry. Many were there because of political appointment as many other candidates are equally qualified for top management positions but only a few were chosen. Often it is always the person who left was seen as the loser but never a victim. And the people who called the shot carried on as if they had done no wrong, like god. Of course the truth could be otherwise.

Kin Lian's strength is drawn primarily from his fight for the victims of the minibond saga. He volunteered to champion the cause of the losers. And he made a difference. Without his leadership at a time when a leader was badly needed, the victims would not have gotten a better deal. He challenged the authority when no one dared. This is a very pertinent point in a society that is engulfed with fear of authority. And it took a man of great courage and sacrifice to stand out at a time like that crisis.

As an elected President, most of the functions are ceremonial. The EP will be called upon to act exactly in a time of great crisis. It is only in those time that a president is tested and he needs to draw on all his courage, wisdom, integrity and duty to the people, the average citizens, to stand up to a govt that could be turning into a rogue. Any presidential hopeful must give the people an indication that when pushed to a corner, he would stand up and fight back.

The EP's job is toughest in the toughest time. Having tea and cosying up to the PM to make a good impression and hopefully gain some respect from the PM and then his listen hear is of the least concern of the people. It is when he is called upon to act strongly, that is the moment that he is being paid for, to defend the interest of the people, to prevent the reserves from being squandered by a rogue govt. Trying to be nice to influence a rogue govt is a foolish suggestion.

In this election, particular to Kin Lian, would some irreprehensible bums be everywhere smelling for shit? All the candidates have remarked that they would want to run their campaign with dignity. Would someone hit below the belt or pull a file from the dustbin to dust around? Employment records are confidential documents. Personal encounters and discussions in board meetings are confidential and privileged information. Would they be aired to score points just because they are juicy or could be used to smear a character? No one would forgive a padre for divulging a confession of a sinner.

The people are watching again to see which party would take the first shot to diminish this contest for the highest office of the country into another slug fest in the longkangs, where all respectability, dignity and honour were thrown to the wind. Would there be people holding high positions, willing to lower themselves and their own honour, to do shameful things to mess around with the candidates?

8/12/2011

China’s new toy

China just rolled out its aircraft carrier for a sea trial. Its spokesman told the press that the ship is for training and research. The US has 11 aircraft carriers fully operational for decades. And it is in a state of confusion at the sight of the single non operational Chinese aircraft carrier. It does not know what the Chinese aircraft carrier is for and is asking the Chinese to explain. It also said any explanation would be good enough, just tell them.

The Chinese spokesman’s official press statement that the carrier is for training and research seems to miss the Americans. Maybe when he spoke in Chinese the Americans thought it was a coded message and trying to decode them and this will take time to read.

What I think is that the Chinese are seeing the Americans having fun with their 11 aircraft carriers and thought it would be fun too to have a few. And they could then fly their spy planes along the American coasts like what the Americans are doing along the Chinese coasts. Then both countries would have fun playing ball. Won’t the Americans love that, to play ball with the Chinese along American coasts?

Now why did the Chinese want to build aircraft carriers? I am getting as dumb as the Americans. I just cannot figure out why. Maybe I should ask the Chinese also and any answer will do.

President Tan will move in at the Istana


By next month Singaporean will see a new President Tan at the Istana. All four Tans, Tony Tan, Tan Cheng Bock, Tan Kin Lian, Tan Jee Say, are in the running after being issued the COE. They are found to be men of integrity, good character and reputation and have the prerequisites to carry out the duties of the President as provided in the constitution.

The granting of COEs to four candidates is another milestone in our political history. This is not so much as having four Tans running for the office but a sign of more opening up of the political structure. The fear of the PEC applying the criteria stringently to limit the number of candidates to those that the ruling party favours proved unfounded. It speaks well of both the govt and the PEC. No one can now point a finger at any of them for playing foul and the voters will have a good spread of candidates to choose from.

It is now up to the candidates to promote themselves to the people to make an informed choice of who they want. Each has his own merits and drawbacks and when come to casting the vote, it could be a tough choice for many and may the best man wins.

Having set the pace for more openness and more eligible candidates to contest the office of the EP, I hope this will be the last time that the restrictive criteria of the Act are allowed to stand and that it be amended to widen the pool of eligible candidates. Integrity, dignified, respectability are essential characteristics of a presidential candidate. However, the stringent criteria of being a top civil servant or CEO of a $100m organisation must go as they are too restrictive and elitist. In a way, the disqualification of the majority of the citizens to run for the presidency is unconstitutional as it is robs the right of every citizen to stand as a candidate for the highest office of the country.

The role of the EP and the criteria attached are incompatible and need a thorough review. There is an expectation that the presidential candidates have to be dignified, stately looking and with good stature. This could easily be overcome by a PR agency or some help from Mediacorp makeup artist.

The second part, man of good character, integrity and reputation is a harder act to follow. What it wants to deny are thieves, wife beaters, liars, cheats and people who are above politics, that is, no politicking, scheming and fixing other politicians. Would these automatically bar all politicians from becoming president? The most ideal candidate should be a secular priest that is acceptable to all. Unfortunately there is no such animal around.

The third part about a top notch permanent secretary or CEO of a large corporation is asking too much. If a C grader like George Bush Jr is qualified to be the executive President of the USA, why is there a need for such a highly qualified candidate who is more ceremonial plus a small custodial role? Think Nelson Mandela, would someone of his background be qualified?

A EP does not exist nor act alone. He is always advised by the Cabinet and a presidential advisory team. What is needed is a man with a reasonable education and good common sense and an ability to understand what is presented to him to put his rubber stamp on it.

It will be good to move away from the past stringent criteria that are not seen as objective and fair. Review the criteria and the eligibility and not rob the rights of every citizen from aspiring to the highest office of the country.

8/11/2011

Kopitiam Movement


The Americans have their Tea Party Movement to fight for issues that are important to them. Without trying to reinvent the wheel, we may want to call the fight by netizens as a Kopitiam Movement in general, for the good of Singaporeans. There are so many issues that netizens have raised but are scattered all over cyberspace and often lost in time. I would like to sum up a few key issues that a Kopitiam Movement can stand for and to stay the course.

1. To reclaim the rights of the people to decide the size of the population and new citizens.
2. To reclaim the rights of the people to their money in the CPF and Medisave.
3. To reclaim the rights to have a say in how essential services like transport, medical services and education are run for the benefits of citizens.
4. To reclaim the rights to limit the building and sales of properties to foreigners.
5. To reclaim the rights of every citizen to stand for the office of the President.

More missions can be added on to this Movement in the course of time. I will post a window on this blog as a reminder of this Movement and what it is fighting for.

A Kopitiam Movement does not need an official leader like the Wear Black Movement. The Movement is identified by what it stands for and anyone can push for the cause or add new agenda to the cause. It is a Movement without forms but with certain identifiable objectives.

A fearful lesson from London

The rioting continues in England and spreading. The police seem to be at a lost or treating the rioters too leniently that the country is turning into a state of anarchy. The underprivileged are taking things in their own hands, to take whatever they want, and at the same time to burn and destroy. They are the underclass in a first world and rich country.

We have our underclass, not so much as the poorer citizens who are really not in such a dire state. What we have in our midst are the half a million foreign workers, maybe more, that are hungry and unpredictable. What if they run amok, and thinking that they could loot and take from our well stocked stores of goodies?

I believe we have contingency plans to deal with such a situation. But it will be very messy. A rampage through Orchard Road is unthinkable. 500,000 hungry workers on the loose are uncontrollable. And many are living with our people, in rental homes. A couple of them running wild can be very destructive too.

Do we believe that the lawlessness will not happen here? Or do we believe that we can handle such a situation? Bringing in the super rich has a different set of problems. Bringing in the poor workers can become a disaster. Can we afford to push our luck and hope that nothing of such a magnitude happens here?

Please don't make our foreign workers angry.

8/10/2011

Not everything can be compromised

We have spent 46 years to stew a broth, today some of the newcomers are complaining that the broth smells, and they don’t like the smell. We have spend several generations, a lot of blood, sweat and tears, and the newcomers said they are not happy and wanted us to change, to accommodate and adapt to their new ways, or even adopt their new habits. And some silly Singaporeans are telling our native Singaporeans to be tolerant and to appease the newcomers. (No wonder they even dared to beat up Singaporeans in broad daylight in Clementi).

I am referring to the cooking of curry in HDB estate and a foreigner complained, and the local mediator told our native Singaporean to give way to make the new citizen happy. The mediator must have been briefed on how to deal with such matters. There must be an official position and the mediator must be following that official position. For racial harmony, it is always good to compromise, even on things that we have done for the last 46 years, never mind, make the newcomers feel welcome and make their lives more pleasant. Can that be?

Is this the official position? I wanted to pui. For so many years, we have been emphasizing on racial and religious harmony, and we have accepted certain social norms and practices that we are comfortable to live by. This incident is threatening the very fundamental principles that we have built on. This must be put to and end.

New citizens must not be allowed to challenge and demand that we change to appease them. If they think they can get away with their demands, soon we they will be telling us that they want their own language, custom, newspaper, play area, and TV channels as well. They may want their languages to be taught in our schools or be spoken in Parliament.

The people of Singapore must take a stand to protect what we have built and not allowed any newcomers to suka suka change them. We welcome them since our govt wanted them so much, but they must accept what we hold sacred. We cannot let them change the status quo, the social norms, and undermine the mutual tolerance among the various people. The newcomers must adapt to our way of life, not the other way round. Is there anyone telling Singaporeans to adapt to the newcomers way of life? Now what is the govt going to do about it?

PS. There is a simple Simon approach to solving social problems. Compromise, no need to bother about right or wrong, as long as the two parties don’t give problem it is settled. I have experienced this attitude in the mediation of minor disputes. I had a bad experience with a crazy neighbor who came to my floor to threaten my family. I was told to stay indoor when he appeared. I was telling myself, I will do anything I can, even to break his legs if I have to. My freedom and safety of my family were compromised by a mad man and I was told to hide behind closed doors.

Great Britain and London on Fire

The looting and burning in London has England up in flame. Starting at Tottenham, it spread to more than 15 areas in London and now Manchester, Liverpool, Birmingham and Bristol. The causes, some highlighted the big income divide between the haves and the have nots, some seemed to be getting things for free, and the lost of jobs.

This is almost unheard of in the developed world. Riotings, lootings, breakdown of law and order are associated with third world countries. The events in the Middle East are different as they are politically motivated with foreign forces in play. The events in England are mainly social and economic. The inequalities in society will lead to tension and stress. Don’t pooh pooh away big income gaps as part and parcel of rapid economic progress. It only needs a little spark to tear down everything. Economic inequalities cannot be taken for granted as a necessary evil. They must be addressed when times are good.

For those who are enjoying the richness of their good fortune, they are numbed by their wealth and would not care a dime about what happens in the poorer neighbourhood. To them, it is all due to their cleverness and good fortune to be living in luxury. The poor are in a state due to their own laziness and dullness and ought to be blamed. Can’t be helped.

Let’s pray that the lawlessness in UK will not spread like the Arab Spring to other parts of the world.

The greatness of Benjamin Sheares

Who is Benjamin Sheares? In case you are still scratching your head, he was a highly regarded and prominent doctor in the field of obstetrics and gynaecology, the doyen of the profession in his time. And he was also the second President of this country. A quiet and dignified man who did his job without blowing his own trumpet, without pretensions.

Today in the ST, a Dr Chew Shing Chai who had worked with President Sheares, shared a little insight of this great man. At that time, before the high salary is good mantra struck this land, his income was a paltry $2000 as a medical doctor, maybe slightly more. When he was appointed as the President, his monthly salary was $17,000, big by the standard of the day. And unknown to the public till now, he donated his entire salary to charity, according to Dr Chew.

What the people don’t know, now they knew. My respect to this great man. I didn’t know either. Thank you Dr Chew, for this enlightenment.
I am sure many ministers and presidents too would have donated a handsome chunk of their salaries to charity without declaring it. Some may, like President Sheares, donate their entire salaries to charity too.

God bless them. Cheers to President Sheares.

8/09/2011

National Day regrets



Dow plunged more than 600 pts last night and we were asleep. Can't do anything. If only our stockmarket was open, we would not be caught in a situation like this. We could also sell our stocks down.

This morning Hangseng fell more than 1,400 pts. We are closed for National Day Celebration. We have gone on continuous trading, no lunch break, exactly for this reason, not to be caught while other markets are trading. Now they are all sold down and we aren't open and looking helplessly.

On this National Day, these are my two regrets.

I would like to recommend that our stock market be open, 24/7 all year round. We will only be closed when the rest of the markets are closed. Oops, no need 24/7, 24/5 and minus a few international holidays will do. Going fully operational, we will be able to cover all situations and take advantage of all situations. We can also call our city a city without sleep.

Would that be nice, fully prepared and ready, pro active, a bit kiasu though.

The unusual silence


When Tony first announced his candidacy, there was an immediate barrage of support and endorsements from his PAP colleagues. A few including Chok Tong came out to say Tony is a good man. Some praised him for his dignified look, every inch and corner like a President. The public media did the necessary with coverage on his every move, invitations and speeches.

Over the last few days the surprising development was the attack on Tony’s son, Patrick and his NS deferment. The attack was furious and vicious and quite damaging to Tony’s shining image. Mindef came out with some statements to deflect some of the bad barbs. Otherwise it was left to Tony and son to fend for themselves.

Could someone of higher standing say something or do something to moderate the blows? Maybe, maybe not. Maybe Tony should be able to fight his own battle, being a heavy weight himself. At the moment it is Tony and son versus the anonymous masses in cyberspace. How would this develop or would it have a chance to develop further in the main media?

The stand of the main media at the moment is reticence. When an issue that is so hot is cyberspace is played down in the main media, it starts to prob on people’s mind as to what the hell is happening in our great media and their stable of great reporters and journalists. No one feel the itch or need to want to contribute to the debate with their sophisticated skills and resources? I feel quite sad that great reporters were deprived the avenue to write their show piece and display their brilliance in investigative journalism.

Even if they take a diametrical opposed view from cyberspace, it will be refreshing to see how and what they will put across. Or are they waiting for the debate to blossom when the EP campaign is official? They may not even have the chance if there is no contest. This must be one of the hottest topic waiting to see the light in the main media. The integrity of the hottest presidential hopeful is being questioned and a proper closure is demanded.

Where are all the eminent colleagues of Tony and are they going to stand up to defend him?

8/08/2011

Lead by examples


The retired teachers are unhappy. There may be more certainty of their rehiring after 62, but it means a pay cut as well. And they are complaining that this is regressive. They are still doing the same hours of teaching which does not demand heavy duty work that age will slow them down.

The MOE should take a leaf from the govt where politicians are getting the same pay regardless of age. In fact they should adopt the practice of paying the teachers pension and the same pay concurrently, if the teachers are still on pension scheme. The retirement age is a legacy of the colonial past and Parliament has set a good example to delink from this abnormal practice.

Just follow the leaders and they cannot be wrong. Have they forgotten about the wise old saying of leading by examples?

Is the Elected President a dumb President?

Many comments have been made about the role of the EP. Some claimed that it must be an involved President, willing to speak up for the people, some say it is meant to be a dumb President, some say it like a machine, only say what the govt wants it to say or else better not be heard.

The lay people have their own interpretation and expectation of an Elected President, a President that they took the trouble to vote, not just any appointed President when they have no say at all. They, rightly or wrongly, feel that the President should be more than a dud. They think that being the highest office in the country, he must be able to speak up on national issues that affect their lives and have some influence on the govt.

However, these are just layman’s views, and everyone can have a view. The Law Minister too has a view. He has spoken quite comprehensively on what the EP can or cannot do. He even quoted the constitution. Now, is he just expressing a legal opinion based on his professional background, or is he taking a position, that what he said is the govt’s definition of the role of the EP?

There is still the judicial, the courts of law that will have the final say as to the interpretation of the constitution. Until the courts have its say, it is all a matter of interpretation, and naturally everyone is trying to interpret it to his own advantage.

According to the constitution, Article 21(1) as quoted by Shanmugam, it says the President shall ‘act in accordance with the advice of the Cabinet or of a Minister acting under the general authority of the Cabinet’. So the EP can only act under the advice of the Cabinet and not otherwise.
What does this mean, cannot go against the will of the Cabinet? What if the Cabinet push out a bill to spend all the reserves and ask the President to sign? Now can the President then act against the advice of the Cabinet. Surely he can, or else how is he going to protect the reserves.

How many things that the EP can or cannot do that are specified by the constitution? Or is it another case of No U Turn sign. If there is a U Turn sign only can make a U Turn and if there is a No U Turn sign cannot make U Turn. No sign means cannot do anything. I am not sure how many pages are there in the constitution that described what the EP can or cannot do.

From what was reported, one thing for sure, if he is nice to the PM, he may be able to influence the PM over beer, I think.

The bickering two party system

The Americans received the biggest shock of the century when its Treasury Bills were downgraded to AA from AAA. How could this happen to the world’s number One superpower? They are now on a witchhunt on how they arrived at the present dire state. Obama is the natural strawman for the occasion. It is his fault. Soon they may even claim that if they only had a white president and things would not have gone this way.

Actually the US went on a self destruct mode the moment George Bush Jr took over the Presidency. For an executive president, not a ceremonial one that cannot speak as he likes, you really need someone with a little brain. That is not the only flaw of the American system.

Our local media has an article in the Sunday Times which, if one reads carefully, is saying that a one party system is the way to go. The problems leading to the US downgrade are a result of the bickering and indecisiveness of a two party system. Thank god we have a very decisive one party system that will just do it without the need to answer to another party in Parliament. The govt of a one party system can even afford to be deaf.

America was actually controlled by a small group of oligarchs or power brokers, mostly in the finance and arms industry. The former wanted a free and deregulated financial system to do as they pleased. The latter just know how to make wars. To them making wars is the only profitable business. While those in finance got their way to plunder the financial system, the latter twisted the hands of all politicians to wage wars after wars, for their own self serving interests. They enriched themselves by paying themselves crazy from the war industries, just like those in finance.

And America dips deeper and deeper into debt. And many silly American boys and girls would have to pay with their lives, not counting the number of ‘enemies’ killed in the wars. And many would go into debt, lost their fortunes, and inherit a country that is technically bankrupt.

The fall of the American Empire is not the multi party system or Obama, but a system that is corrupted by greed and the losing of a moral compass. In reality, all systems, no matter how good or how bad, will end up this way in their dying days. Corruption will be so rampant that it is no longer recognisable. Corruption comes in all forms and in all areas, the worst, other than amassing wealth till they look silly, is the corruption of power and the political system. When corruption is the norm, and being justified by all kinds of self serving logics, you know that the end is near.

One party system, multi party system, dictatorship, communism, monarchy, all will end with the same fate, with the same set of problems, all because of human greed. No system can survive the greed of man, no matter how good the system was when it was first formulated. All systems will end up with systemic rot, with the smell of human stench.

Countries that are still relying on the American model to operate their financial system need to think triply hard. As an example, they have allowed their stock market to function not on fundamentals but on how fast another machine can be to make a quick profit. The old school of investing on fundamentals is totally irrelevant against a bunch of crunching machines that trade on speed and algorithm of odds, with complete disregard to value and fundamentals. This is not stock trading anymore. It has ruined the American stock exchange and it will ruin the rest if they are so blind to embrace them without thinking of the harm that it can cause.