Foreigners issued with Employment Agency Licence

‘De Luna was actually issued a licence to operate her own employment agency, RSD, in Jul 2010. While still engaged as director of RSD, she set up another agency with her husband, William, without obtaining a licence for it. William was then in Singapore on a social visit pass.’ Quoted from TRE.

The process of bringing in foreign workers to work here involves local knowledge of both countries. At the PMET level there are the Search and Recruitment Agencies and Consultancies. These businesses are similar in nature to student agencies bringing in foreign students to study here. At the executive search level, the recruitment of foreigners to work here is or was not a major business as the number used to be small and at very senior levels or for specialized jobs. The line is now blur with recruitment agencies bringing in huge numbers of low and medium level executives that are nothing different from recruiting workers.

Again this is an area that approving foreigners to operate recruiting/employment agencies will put the local agencies at a huge disadvantage. Our agencies will not have the local knowledge that the foreigners located here will have in their home countries. And these foreigners being here will have local knowledge as well.

The question, why don’t Singaporean agencies operate offices in the foreign countries where the workers are? There is a comparative cost disadvantage here for Singapore agencies. Would it be cheaper for the agencies of both countries to operate within their territories and cooperate in the recruitment process as it was originally done and the cost savings filter down to the workers? Both sides will do their own business and earn their keeps respectively?

There are many agency licences eg recruitment/employment for maids, foreign workers, junior executives, housing agents, student agents etc etc that do not need to be given to foreigners to compete with our locals right here. There is no real value or skills added except putting more competition and even unfair advantages to the foreigners. There is no loss if foreigners are not issued with such licences and our local agencies could thrive or more locals could take up such small businesses.

Limiting such licences cannot be protectionism. Opening them to foreigners to come here will only make life of local small businesses tougher. What or where is the advantage to have foreigners coming here to set up such small businesses that locals are more than adequate to provide. No need foreign talents really.

Leadership style and generation gap

The leadership styles of the first generation political and govt leaders and those of the present generation have quite distinct features. In those days, political leaders and permanent secretaries were more individualistic, more confident and also abrasive. The fact that they were tasked to carry on the responsibilities of building a nation and the single mindedness in the way they went about their mission could also be a cause for their domineering and high demands on people working with them. There is no room for errors. Niceties were things that did not exist, or a rarity. These individuals behaved like gods in their own right. They were bossy and arrogant and ruthless. They were very task oriented, task masters. From the PM and his permanent secretaries, even to the RSM in SAFTI, each one was a terror in his own right and personality.

No one dared to make mistakes. Minister of Housing took his own life. The permanent secretaries went screaming, yelling and smashing things when things went wrong, particularly in Mindef. Senior officers trembled when called to see to the perm sec. There was little camaraderie at the senior level. Everyone was expected to perform and to perform. Many heads rolled. The bosses were real mean and had little tolerance for incompetence.

Such impersonal leadership style has its good and bad consequences. LKY, Goh Keng Swee, Pang Tee Pow, Howe Yoon Chong were names most fear for those having to work with them. The good part was that things got done efficiently or people got removed. Many second generation ministers were removed prematurely for under performing.

Some time in the late eighties the management style changed. The next generation of permanent secretaries took over the helm and valued teamwork, relationship became important. Political leadership also took on a kinder style. A change in a perm sec or CEO would see a new team being installed in the organization. The CEO or perm sec would bring along his most trusted lieutenants, people he had worked with, comfortable with, tested and dependable. He needed not to watch his backside when the men around him were his men. When he played tennis, all would play tennis. When he refused to play golf, all would not play golf.

It was a different leadership style and different personality cults. Though this style was supposedly more friendly, it could also be unforgiving for those not in the same camp. But generally those within the camp were assured of their rice bowls, maybe iron rice bowls. Heads no longer get chopped. The tolerance for mistakes and underperformance was must higher. Wrong doers were forgiven, ka ki lang mah!

This last feature could be the weakest link in the new leadership style. Ka ki lang, or my people were put into positions of power and responsibility. This could be good and bad depending on the people being put into those positions. Poor or bad performers were tolerated and remained to make more mistakes. This was getting more obvious by the days and very glaring today. No one seemed to have to answer for his mistakes, no matter how gross. It is kind of ok, never mind, put him aside, let’s move on. No one gets shouted at. Everyone is pally pally with the bosses and the bosses with their kakis.

The softer and team building style is easier to live with and everyone is just a close associate, a close friend. And if only they all performs well and doesn’t make grave mistakes, life will be a bed of roses. Unfortunately it is not to be so. It starts to rot and smell.

The harsher and less tolerant style was boorish, intolerance and hard on the individuals, on dignities and pride, very impersonal, but very task oriented and very little wastage holding onto not too able talents. No good, out you go and next please. It did not smell nice but smelling good was not an issue.

The old civil servants and politicians paid their price for serving under hard nosed no nonsense bosses. Some got very disenchanted and really pissed off, losing their pride and self esteem. Today, everyday is like a party, everyone so friendly and warmth and easy going no matter how they messed up things. Working life under the new style leadership is like a ball.

Oh, I forgot. The bosses then were mean, and so was the pay. Today the pay was so fat and comfortable that no one would want to retire or offend the more than friendly and generous bosses to trifle with their good fortune.

Singapore can learn from the West how to become a big and powerful country

                    The West inclusive of Russia and USA will teach Singapore how to become a big power through war and aggression.

It is a good idea that Singapore's defence minister is upgrading Singapore defense with the intention to buy the most up to date  US all purpose fighter aircraft F 35 as well as the latest and most advanced submarines. What a clever forward looking defense minister we have? But what an oversight he had as someone suggested he should also build the all powerful aircraft carriers and the all fearful space killer satellites and ICBMs to enable Singapore to conduct strategic cyber warfare when the needs arise. But all the money spend on the strategic military hardwares will be nullified if they are not used and employed. I suggest since Singapore like to ape or follow the West ( inclusive of Russia ) especially US way of thinking and doing things it should adopt their policy of vicious aggression, invasion and conquest. Remember England was only a tiny country of less than one hundred and fifty thousand square miles about four hundred years ago , around between the years 1600 to 1700. Then it went on a rampage of aggression, invasion and conquest through raw military might. It invaded and controlled  the whole of North America until the secession in 1775 of the thirteen states to form the nucleus of the satanic United States of America. Then it went on to attack and invade Africa, India , Australia and eastern part of China. The US of thirteen states comprising an original   territory of only about five hundred thousand square miles followed the footsteps of its predecessor England and went on never ending streaks of aggressions and conquests when it swallowed up all the self governing native Indian states as well as invading and annexing about one million six hundred and fifty thousand square miles of Mexican lands comprising the present states of Florida, Texas, Nevada, Colorado, Utah, New Mexico and California. US then continued its aggression and conquest across the Pacific Ocean when it forcibly invaded and annexed the island kingdoms of Hawaii and Guam. Russia which originally had a territory of about less than half a million square miles followed the aggressive war path of England. It attacked and invaded much of Finland, Sweland, all the separate and independent states or kingdoms in the Caucasian region as well as Ukraine and  all the territories around Black Sea. Russia continued its aggression and invasion across north Asia  and took away by force illegally about four million square miles of Chinese lands extending from lands around Lake Baikal to the Maritime Province facing the Pacific Ocean. From a small country of about half a million square miles Russia has extended its territory to about nine million square miles through war and aggression. Malaysia and Indonesia acquired much lands and territories at the expense of many different states with the collusion of the British and the Dutch. So there is a precedence for Singapore to expand its territories through war and aggression and of course through military might . A country or nation in a small dot of a few hundred square kilometres is unsustainable. In any case Britain had sold out the people of Singapore, Penang, Malacca and Sarawak which originally should have been merged or united to form the country of  Sinpenmasawak.  Now Singapore is not only rich and wealthy but also well equipped with superior military might. So there is nothing to stop us from taking Penang, Malacca and Sarawak and if possible Johore , Batam and Bintan Islands for after all these territories were arbitrarily divided between the British and the Dutch to prevent fighting between themselves. Only  when Singapore can expand and command vast territories then it will be able to accommodate not only 6.9 million people but also not less than 69.9 million people. So you see England, Russia , US and many other countries started small but now they are very big through military might , war and aggression. They have shown us the way how to expand and become big, strong and sustainable. So what is stopping us now. All we need now is to gang up with one big power and once we have achieved our purpose we can tell this big power ally to go to hell. Singapore has a bright future if it can expand, and unite the territories and the people around its periphery. After all nations wax and wane , coalesce and cast asunder and now is the time for Singapore to wax and coalesce and form a strong truly multi-racial nation.

Housing prices - No room for failures

The most talk about slogan in town is Singaporeans cannot afford to fall sick. A few days stay in the privatized govt hospital can clean up whatever savings the patient has. Hospital bills are no joking matter and a few weeks or longer can lead to bankruptcy to many.

The other dreaded problem is people falling into hard times and losing their homes. With housing prices so high, several years to wait for one from the BTO schemes, anyone caught losing his home is as good as losing his pants. How could a person losing his jobs and losing his home through some misfortune or business failure afford to buy a home again? Possible but very very tough. And if this happens to a family, the family members will be in dire straits.

Not able to fall sick, now don’t ever lose your home. Some may use their homes like they say, as gambling chips, trading and hoping to make gains, may end up unable to buy one back again. The two bites of the cherry may not hit home to some but when it hits, it is too late to regret once both cherries are gone.

Don’t pray pray when housing prices are getting beyond the reach of more and more Singaporeans.

More transparency in the stock market

I must applaud the move by SGX for improving transparency in the stock market by reporting on the number of short sell positions in each trading session. Though this is not something new as other exchanges have been doing so, it is still a step forward in the name of greater transparency.

Transparency must be good for everyone. For one, investors can have some knowledge of the number of short positions in the stock market the day before. Traders and investors could now have a bit more information on what others are doing and how many stocks are being shorted.

There are two misgivings though. While shortists would have to indicate their short positions, there is no way to know how many of these positions are covered in the same day. Thus the balance open position is still a mystery to the traders and investors looking at the SGX report. The information is at best incomplete or giving a false picture of outstanding short positions. The second misgiving is that the report only comes out the next day, after the trading session is over. So there is really not much that the traders and investors could do except for a little hindsight of what had happened the day after.

Now things would be quite different if one is a big trader or fund that has access to super computers that are plucked into the SGX system. Such computers would not only now able to see how many buyers and sellers of a stock, of every stock in the market, it will now be able to see who is shorting and whether the positions are covered back when shortists have to indicate their sell positions. If only I were to be able to get hold of such a computer to peep into the trading activities in the market, would I therefore be able to capitalise on the sensitive information that the normal traders or small investors would not have and take advantage of it? Would the super computers be telling the big fund managers that such and such a stock has a big short position and not covered, and the fund could then do the necessary to reap an easy profit all because the shortist’s position is now in the open, open knowledge to the super computers only?

If a fund manager is privy to such sensitive information and takes advantage of it, would it be a violation of the stock exchange rulings for insider trading or unfair practices vis a vis other investors and traders? I am not sure how much information the big funds and traders have with their super computers plucked into the SGX system and whether they are really playing an unfair game, playing in an unlevel playing field?

Who knows, or is there anyone out there that can give a clearer picture of what is going on, what is happening, what advantages did the super computers give to their operators? With short selling now in the open in the name of transparency, can there also be more transparency as to the capability of the super computers, what are they doing and what advantages do they have against those trading without super computers?

A need for an Asean consensus on military spending

Eng Hen is boasting about Singapore eyeing the most advanced multi role F 35 fighters the Americans are developing, and new submarines too. All these are good as long as our pocket is deep and the people need not be shortchanged for other public services from the Govt. In a way these are very expensive toys that are very nice to have. I would even suggest we should have satellite defense system, killer satellites with leading edge technology and even ICBMs with multiple nuclear warheads. And of course the supersize aircraft carrier that can sail the seven seas. By the way, when an ICBM takes off it won’t land anywhere within a few thousand km radius unless it flies vertically, burns itself out and falls back under gravity.

While I am getting carried away with wild wet dreams, someone please jolt me back to reality. What are these expensive weapons for? Who are they intended to pitch against? Do we need a battalion of tanks to fight a mob? Do we need a fleet of warships to fight against sampans? The question is, who are our possible enemies and what are their capabilities? How far more do we want to have to be one step ahead of our ‘enemies’ to feel secure?

Then the obvious thing, if we up the bets, our ‘enemies’ also can up the bets. So I up you, up me, all for the sake of upping the stakes but with no ends to it. And who is gonna benefit from these extravagant expenses? The arms merchants of course.

The world has changed, and the possibility of wars between states in Asean region has diminished, at least under the present conditions. Oops, what’s happening in Sabah? While it is necessary to prepare for war in peace, it is even more necessary to build confidence between states, to build good relations and make peace more enduring with less deadly weapons pointing at one another.

There is now an Asean organization and relations between the Asean states are relatively very good. Would it then be possible and better for the Asean states to start discussing about arms reduction in the region, not only to keep big power influence minimal, but stop an arms race among the Asean countries? Time and effort spend towards this goal would be more productive, and save a lot of money and resources by keeping the military profile and budget of Asean countries as low as agreeable given the respective needs and considerations of countries, big and small.

If Singapore is not going to buy those monster killer weapons, there is less likely for the neighbours to want to buy even better or comparable machine. Save the money for better use. Think of consolidating the present status quo. There is no need to keep ramping up GDP growth, population growth, better military hardware growth etc etc. If the Asean countries can reach a consensus to accept a certain level of military hardware and build up, would it not be better for all instead of blindly buying and buying and expanding and expanding, to be what, a big time gangster? Who are we trying to frighten when a better way is to agree to lower the temperature? I am not saying no defence but at a level to keep everyone happy and comfortable without any need for excesses.

Putin's speech on February,4th , 2013

On February 4th, 2013, Vladimir Putin, the Russian president, addressed the Duma,

(Russian Parliament), and gave a speech about the tensions with minorities in Russia:

"In Russia live Russians. Any minority, from anywhere, if it wants to live in Russia, to work and eat in Russia, should speak Russian, and should respect the Russian laws. If they prefer Shari ‘a Law, then we advise them to go to those places where that's the state law.

Russia does not need minorities. Minorities need Russia, and we will not grant them special privileges, or try to change our laws to fit their desires, no matter how loud they yell 'discrimination'.

We better learn from the suicides of America, England, Holland and France, if we are to survive as a nation. The Russian customs and traditions are not compatible with the lack of culture or the primitive ways of most minorities.

When this honourable legislative body thinks of creating new laws, it should have in mind the national interest first, observing that the minorities are not Russians.

The politicians in the Duma gave Putin a standing ovation for five minutes!

May Day at Hong Lim – A sequel to the Feb 26 White Paper Protest

Gilbert Goh is organizing a second protest on the Population White Paper on May Day at Hong Lim Park once again. The mission of this protest is similar but would include more issues like jobs for Singaporeans, CPF, minimum wage and others. He is targeting a 10,000 crowd this time. This second protest rally will allow those who have missed the first one not to miss it again.

Among the speakers that have been lined up so far are M Ravi and Braema Mathi from Maruah Singapore. He is working to get more civic societies to come on board.

This is looking to be a rally the disillusioned Singaporeans are looking for having missed out on the first one. The momentum and support from the earlier rally in February could make this a must attend rally for true blue Singaporeans. After having experienced the first mass rally, the organizers are likely to be better prepared for the crowd this time.

The Govt cannot build more flats( part 2)

Even if there is genuine demand for more flats, the Govt, according to Boon Wan, will not build more flats as this will affect some 80,000 owners who are living on rental income. Is this an important reason not to build flats for those who need them? Another possible reason, build more flats will bring down prices. Is this also another reason not to build enough flats to meet the demand?

What is the mission of HDB? To build flats to provide an income to the owners? To build flats and to ensure the prices will not fall? Or to build flats so that the citizens will have a roof over their heads?

But the Govt will build more flats for more people that are going to be imported to increase the population to 6.9m. And it is going to build several hundred thousand units for this purpose. So opposition better don’t speak up against having more foreign workers to build these flats.

Is Boon Wan meddling with the supply and demand of flats and the market forces? Is it not the Govt’s top priority to build flats for its citizens to live in, have babies, to bring up a family? The rental income cannot be a major concern, and some price fluctuation due to market forces must be a natural order of things. Why is this preoccupation to support and prop up property prices to disadvantage and victimize genuine home buyers? The current property prices are abnormally high and need to be lowered by balancing the supply and demand and definitely not by curtailing its supply.

What kind of logic is this? The interests of the young home buyers and genuine home owners are expendable so that others can get higher rental income or be happy cause their property prices remain high on paper?

What do you think?

A monumental change in the making in the Singapore polity

I thought I sense something big is happening in the politics of this island. But I rule them out as voices from the lunatic fringe, congregating mostly in blogosphere. The anger and spitefulness cannot be missed and growing daily. Then, blogosphere is the equivalent of Liang Shan or Mt Liang in the classic Water Margin, where the heroes or victims of the establishment called home. So, I can only take the grumbling as a little disturbance and would come to nothing eventually. It is too small a group of people kpkb daily and awaiting for doomsday or a political judgement day.

Other than netizens in cyberspace, uneasiness and a sense of despair and helpless also pervade in casual discussions. The mood is that the ruling party has lost is support and trust from the people. The Presidential Election and the two by elections were seen as the harbingers of more of the same to come. The little crowd in Hong Lim too was read by many that it is not as small as it looked and the unhappiness is more widespread than thought.

Seah Chiang Nee, the ex ST editor, also wrote about the increasing vocal elite that were once part of the establishment and expressing their misgivings and disagreement quite openly. Then yesterday I read Catherine Lim, a doyen of govt critics, in an article about the PAP losing it. The party has lost its long taken for granted trust and support of the people. The people are cynical, and questioning, and doubtful of the direction going forward as plotted by the Govt.

In Catherine Lim’s view, all is not lost. The PAP only needs to cleanse its past by embracing the ex political dissidents that were forced out of the country, some released from political detention, and bows for forgiveness. That would show some sincerity and humility of the unpleasant past, and to emerge from the dark side in sparkling white once again.

I am less sanguine about this assessment and less optimistic that the problem is just about a dark chapter of our political history. I think the problems are more basic, bread and butter issues, jobs, cost of living and the increasing tension brought about by a misplaced foreign talent group that have proven to be more a pain in the arse than people deserving to be welcomed as new partners in our economic and social development. Many citizens are feeling cheated by Govt policies and a future of a highly intense society, of having to pay more for less, smaller homes, no cars, bank breaking hospital fees, and having to compete unfairly with foreign mobs that are haughty, cocky, unworthy and untrustworthy while feasting on our hospitality and taking away good jobs from the locals.

The PAP is losing its grip on the voters in more ways than could be envisaged. I don’t see any hope of them regaining the trust and support of the people like in the past. It is a slippery downward slide to oblivion. I qualify to say that my readings are one sided. Then again, the truth will surface very soon when grassroots leaders are also getting ambivalent about what is installed for them in the next GE.

Things are not looking pretty for the PAP. Feel free to disagree with my diagnosis. I am just a political watcher and commentator and I am looking at the scenario through tinted lens.

Norwegian Oil SWF gains 13.4% in 2012

‘(10 Mar) – Norway’s oil fund, one of the biggest investors in the world, rose in value by 13.4% last year, its second-best performance ever.

The central bank said the fund’s investments in shares jumped by 18.1% in 2012, boosted by soaring equity indexes around the world.

It is now worth 3.8tn krone (£450bn; $670bn), up from 3.3tn krone in 2011….’

This is a snippet that I read posted in TRE. How much did our SWFs made last year? The Norwegians seemed to be doing very well at face value from this report. If the Norwegians are doing so much better than our SWFs, maybe it will be a good thing to learn from them, their strategies, who are their fund managers and where did they invest their funds.

There must be something that the Norwegians are doing right. But numbers are numbers and they can mean all kinds of things and also dependent on accounting practices. At 13.4%, it is still a good number in any count.

Can we borrow some of their fund managers?

The Govt cannot continue to build more flats

‘For instance, the Govt cannot continue to build more flats to meet new housing demand as this would mean “hurting the many home owners who can now rent out their properties.”’ Khaw Boon Wan.

The above is quoted in the main media. So, can the govt continue to build another few hundred thousand units for the 6.9m population?

What do you think? Controlling the supply? Can continue to bring in more migrants?

Managing faked or unrecognised degrees

I can only hope and pray that this problem plaguing the country and disadvantaging Singaporean PMETs is a small one that doesn’t need much bother from the Govt. If in reality it is an iceberg waiting to sink the Singapore Titantic, woe will befall the citizens of this island when the ship and the iceberg collide.

Tan Chuan Jin and his Tafep are trying to do something about it. Just wondering how serious is this call or would it just be a passing remark to be forgotten the next morning? The implications of foreign PMETs replacing local PMETs are serious, wide ranging and unacceptable, from stealing the jobs from the locals, discrimination of locals, cheating and victimising the locals, depriving the local PMETs from acquiring skills and experience, and the larger implications are social unrest when locals are out of jobs, unable to feed themselves and families and servicing heavy housing mortgages. Worst case scenario, it is like an invasion of foreigners that will become PRs and citizens to oust the true blue citizens from eking a low down existence in their own country. The natives will find it hard to live in this expensive place without a job while foreigners are taking their jobs and living happily here at the local’s expense. How can this be?

The humiliating part is for the fake talents or half baked talents to think that they can screw the better local talents, screw their jobs, boss around with them and kick them around, with unrecognised degrees, no degrees or fake papers. It is amazing that a first world sophisticated city can fall victim to third world swindlers and con men and women, and very happy going about it without a care.

While the problem has surface and the Govt looking like looking into it, there are two aspects that need to be addressed immediately. One is the number of foreign PMETs that can be employed in any company or institution. A quota like those for foreign workers will be more palatable to the citizens that have lost their jobs to these PMETs, and their children will eventually also be victims to the scam that can be treason in nature.

The second part is to eradicate faked or half past six degrees from God knows where. This is a mammoth task that requires a big number in manpower to investigate. The MOM is unlikely to be able to deal with it even with the recruitment of a few battalions of officers. It may take more than 500 man years to cleanse this shit hole. What could be an alternative is to get these foreigners to have their qualifications certified and guaranteed by institutions, preferably foreign banks or financial institutions or their employers, that can be fined when the qualifications were found to be faked. Don’t ask a local institution to be the guarantor as it would end up paying for the frauds of foreigners. Such institutions could turn this into another business and would have the spread of manpower and expertise to do the job without the Govt carrying the burden and cost to police the fake degrees.

The Govt could conduct spot checks in a more targeted manner and get the guarantors to pay for the slips. This part is crucial or else the whole scheme could be another bigger scam. Bounty hunters can be hire to check on such violations which will be quite effective too. There are obvious problems as the guarantors will have to be reliable and be able and willing to do the due diligence and be able to pay the fines and repatriation costs.

A guarantor system is not the only way to tackle this shit situation and there must be many better and more efficient ideas that the talents in the MOM could come up with. The important part is to kill this problem fast for the sake of Singaporeans and the country.

Where is the reset button?

I like to play computer games. One of the highlights of computer games is the reset button. Whenever the game is going wrong or losing, just simply hit the reset button and start all over again. No wonder many kids are hooked onto computer games. And the skilful ones are actually winning the games without the need to hit reset.

How I wish there is a reset button in real life. When things go wrong or getting out of control, it is so nice to be able to reset. Boon Wan has hit the reset button several times but I think it is still not working. This time he is hitting it harder and keeping his finger cross that it will work. But he must not forget that he has to confirm by hitting the prompt to go ahead with the reset and not hit the back button.

The housing mess is in need of a reset to the period when there was an excess of 10,000 or 20,000 units of unsold flats. And it would be good to hit another reset to a few years earlier to have a new minister to be in charged.

There are many reset buttons that need to be hit. The population or immigration button has to be hit quickly. And make sure the proceed button for the Population White Paper is not hit, or hitting the reset button will not work any more in 2030. It will be game over by then. The sense of anger among the true blue citizens is at the verge of exploding when more cases of local PMETs being booted out and replaced by FTs are being exposed. It is unbelieveable that job discrimination against Singaporeans is so prevalent and pervasive at the PMET level that it has become an intolerable national shame. It will surely lead to more xenophobic feelings among the citizens. This is a very serious hot button issue but apparently has been ignored for too long. Read the comments by netizens to have a real feel of the temperature. I no longer feel sad that Singaporeans are being mistreated so badly in their own country. I can only feel the same anger. Do the MPs and ministers feel the same way? Singapore for Singaporeans, or it is just an empty slogan? Reset, reset quick. No? No need?

Then there is the minister’s pay button. This one is very hard to hit as the button is protected by electrical shock circuits that will burn the fingers trying to reach the reset button. If this is reset, maybe COE would not have hit $100k and housing prices would be lower too.

Would things be much better if the reset button was hit a few GEs back? Would the situation be better today with a new party in charge? Or would it be hit in 2016? Or maybe not necessary as by then the game will be over. With things spiralling down the wrong way, the reset button is likely to be hit not by the ministers, but by the people that have ended at the wrong end of the stick. Enough is enough. The people would likely try to hit the master reset button to start a new game.

It is really fun and convenient if there is a reset button in life, to hit reset and start all over again. Then again, even if there is, hitting reset will spill blood and shit all over that need to be managed carefully and sensitively.

Daffodils

Two pieces of rar art from the Daffodils Series. Created and painted by Mother Nature. The lines in this series are simpler and neater.

A bad policy is a bad policy

When has a bad policy been called a bad policy? I have never heard of a bad policy being called a bad policy in my entire life. And who else from the establishment would dare say such a darn thing? But when things are really getting bad, when it hits the pocket hard, people will say the darnest thing.

Two surprises over two days were just too much to stomach. Yesterday Boon Wan came out with his back to basics for housing, which if faithfully executed, could bring the cost of public housing to a level a few years back. It is still better than the unceasing daily or monthly increases that are being reported. Property prices are higher by so many per cent month on month or year on year, as sure and consistent and predictable as hot air balloon rising.

Today, of all people, Han Fook Kwang wrote in his Sunday sermon that the way COE prices are going up is simply, yes, bad policy. Ouch! Did I hear the wrong thing? No, he elaborated in details why the policies affecting COE were badly managed. As simple as that. So many things were done wrong. It is like saying an old person is a bad driver, a woman is a bad driver, a blond is a bad driver. Just make sure the driver is not an old blond woman all in one.

But I tell you, some minister is going to jump and demand a correction, that it is good policy. And I too agree that it is a good policy, if only I have all the money to pay for the $100k COE. Similarly, all the new measures to curb car ownership are good policies if one can afford a few Ferraris or other super cars. Only those poor losers will say the policies are bad, cause they can’t afford to pay. So, it can be good or bad, depending on whoever is writing the policies and how they affect or do not affect his or her pocket.

Han Fook Kwang concluded by resigning to the new realities. He advised the losers to take public transport. There is no better way out. In consolation he said the people living in big cities like Hongkong, Tokyo, London and New York also taking public transport, so it must be a good thing or a normal thing. Singaporeans have progressed to be more like New Yorkers or Londoners, good quality lifestyle.

Singaporeans should be grateful that their lives have improved over the years, from car ownership to taking public transport. This must be a good thing I supposed. I dunno what is the next good thing that Singaporeans can look forward to?  3rm flats with 30 year lease at $100k without compromising on the quality of life. 2030 is looking so exciting by the way we are progressing. I am really looking forward to it eagerly.

The Diaoyu Islands owner identified

FW: 釣魚島的島主出現了！請速多轉發！(The Diaoyu Islands owner identified)

Thanks, Selwyn, for the article. However, it shows only a record of recent history. In fact,

documentation of Chinese sovereignty over these islands go back even further. Below is

an extract from Wikipedia:  TheDiaoyu Islands - China Wiki –The free encyclopedia on China ...

Whatever the case, the rest of the world is aware of all the ulterior motives behind all these

wrangling and machinations...to contain the awakened dragon!
Regards

Bob

Historical background:
China's earliest record of the Diaoyu Islands can be traced back to the Sui Dynasty, more than 1,000 years ago. At the time, China's Taiwan and the Diaoyu Islands were close to another independent state called Ryukyu (琉球国). And Emperor Yang of the Sui Dynasty (隋炀帝) sent Zhu Kuan (朱宽) as a special emissary to win it over and demand it pledge allegiance to the Sui Court. In the 14th century, Emperor Taizu of the Ming Dynasty (明太祖) was known far and wide for his military prowess. Thus, the King of Ryukyu started to pay tribute to the imperial court officially and Ryukyu became a vassal state of the Ming Dynasty.

The Diaoyu Islands (钓鱼岛)

In 1372, a Chinese named Yang Zai (杨载) landed on the Diaoyu Islands for the first time. There was a detailed record about Diaoyu Islands in the book Sail with the Wind (顺风相送) , a navigational guidebook, which was published during the reign of Emperor Yongle (永乐) of the Ming Dynasty. During that period, people of the Ming Dynasty collected pearls and medicinal ingredients and fished around the Diaoyu Islands under the jurisdiction of Taiwan. This was also clearly recorded in Reports on the Mission to Ryukyu (使琉球录), a book written by Chen Kan (陈侃) in the 11th year of the reign of Emperor Jiaqing (嘉庆) of the Ming Dynasty. In the middle of the Ming Dynasty, some national heroes, such as General Qi Jiguang (戚继光), used the Diaoyu Islands as the strategic line of defense, when they fought against Japanese pirates. In 1602, Japan invaded Ryukyu. From then on, Ryukyu's internal affairs were under the supervision of the Japanese for over 40 years. In 1654, Emperor Kangxi of Qing Dynasty (清康熙帝) bestowed on the King of Ryukyu the title of King Shangzhi (尚质王). Ryukyu was obliged to pay tribute to the imperial court every two years, regarding China as "the Father State" and assuming the reign title of Qing Dynasty. Many maps and nautical charts of the Ming and Qing dynasties clearly marked Diaoyu Islands as part of China's territory.

 

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Date: Sat, 9 Mar 2013 10:27:56 +0800
Subject: 釣魚島的島主出現了！請速多轉發！(The Diaoyu Islands owner identified)

釣魚島的島主出現了 (The Diaoyu Islands owner identified)

 The document  ""  it says ShengXH had obtained some herbs from the Diaoyu Island and effectively cured Empress Dowager and many other folks. As a commendation of his good deeds, the Empress issued a decree to allow him to continue to use the island to further develop the herbs.  ""

釣魚島的島主出現了(The Diaoyu Islands owner identified)

The real Diaoyu Islands' owner identified。。

With evidence of Empress Dowager Commandment, the Diaoyu Islands' owner identified.

Diaoyu Islands was bestowed to Sheng Xuanhuai of Jiangsu Province of Qing Empire by Commandment.

Please circulate immediately....

釣魚島的島主出現了！

真正的釣魚島島主找到了，有慈禧皇太后的諭旨為證

釣魚島的島主出現了是大清國的江蘇武進人士盛宣懷

 

皇太后慈諭 

太常寺正卿盛宣懷所進藥丸甚有效驗  據奏原料藥材采自臺灣海外釣魚臺小島   靈藥產於海上  功效殊乎中土  知悉該卿家世設藥局  施診給藥  救濟貧病  殊甚嘉許  即將該釣魚臺 黃尾嶼 赤嶼三小島賞給盛宣懷為產業  供采藥之用 其深體皇太后及皇上仁德普被之至意  欽此

光緒十九年十月

（盛宣懷所進皇太后藥丸，原料藥材來自釣魚島，由盛宣懷的天津廣仁堂制）

Prudent car ownership measures

The strong hand of the Govt to introduce prudent thinking among the people in buying cars is a welcome move. The prices of cars have gone way above the means of the people, and so are housing prices and the prices of many luxury items. The new culture of buy first and pay later is creating a nation of debtors. And the biggest culprit towards making people all tied up in debt is housing.

What is so bad about taking a $100k loan to be repayable in 10 years compares to a $500k or $1m loan repayable in 30 years?  I can’t tell the difference except one is of a bigger amount, repayable over a longer period, and also with a longer life span.

Would the Govt also apply the same principle to the housing market to encourage prudence in home buying? How about 50% out front for the buying of a property and repayable in 15 years?  Or it is ok to be less prudent in home buying but not so in car buying?

Khaw Boon Wan, wow, is it real?

The announcement by Boon Wan on the back to basics public housing policy is a move in the right direction and will be most welcomed by the people. The objectives of public housing have been altered through the years by shallow thinking people that have forgotten why it was called public housing in the first place that it is best forgotten. Let’s get the basics right.

Public housing is for the citizens, the majority of whom that needs a roof over their heads, a place to rest and bring up children, a place to go home to. When getting a place to sleep is getting so expensive, it is going to make life very difficult to many people as not everyone is so bless to have so much money to pay for housing.

Boon Wan is calling for more feedbacks given the complexities of housing as a home, as an asset, as a fall back to be liquidated to release some funds for retirement, and a host of other purposes. What I would suggest is to go back to basics and simplicity. The priority is to make housing affordable, I mean really and reasonably affordable to the average citizens, and make the right to ownership simple. Some rules are still necessary but need not be so exclusive and demanding.

First principle, all Singaporeans must be allowed to buy a public flat. Everyone needs a place to stay, especially when you are a citizen.

Second principle, build to ensure the supply is enough to meet the demand and not like those thoughtless people who created the demand supply problem that led to the big angst among the people and a property bubble.

Third principle, provide a buffet spread and let the people decide what they want or can afford to buy. Let the people make their own choice and not dictate the choice on the people.

Fourth principle, when supply is adequate to meet demand, there is no need for all the exclusivity clauses to give impression that the higher income buyers are depriving the lower income earners of their chances. This wicked divisive idea to pitch the people against one another must be removed. Every citizen, regardless of income level, is entitled to buy his public flat within a simpler framework of rules and regulations.

Fifth principle, PRs are not eligible to buy public housing. However, they can rent from the citizens or HDB can build rental flats for them. PRs can go to the private property market if they can afford it. But to prevent a big bubble in private property prices, foreigners, including PRs, can only buy to stay and not for speculation. Given the limited space available, it is necessary to have sound regulations to prevent non citizens from churning the property market to raise the cost of living here. Many of the restrictions on foreign ownership of properties should stay and more be introduced to keep the property market under control.

Sixth principle, the speculative element in public housing should be minimised. When there is adequate supply, public housing prices should be stable.

But, as they all said, how real is Boon Wan and his return to basics? Wait for the fine prints. Hopefully cheaper public housing would not compromise on the size and quality of the flats. Please, no reduction in the lease period or things like can see back to HDB or any profits must return to HDB.

Julia Gillard: We will support your job and put Aussie workers first

‘We will support your job and put Aussie workers first…I don’t want to hear stories of Australians missing out on a job because a 457 visa has been misused.’ Julia Gillard, PM Australia.

This is the kind of commitment by a PM and Govt to its citizens. It is always citizens first. And the Australian workers union leaders are pressuring the Govt to stop the exploitation by foreigners to work in Australia at the expense of Australians.

Compare these to the situation here? What is the position of the Govt and the Union and also the Singaporeans affected, losing their jobs to foreigners?