10/15/2013

Matilah Singapura – a prediction



‘My prediction is that the local Singaporeans will fuck their cuntree and society up without the govt's help. They'll do it because they will not change with the times, they will not compete toe-to-toe with more motivated and hungrier Asians like Pinoys, Banglas and PRCs. They will kill their cuntree with overt racism, xenophobia, and the refusal to accept hard truths.

They will destroy a beautiful island -- my Hotel Island Paradise -- because they blame the govt for everything and expect the govt to give them everything.

Singaporeans will destroy Singapore, hence Matilah Singapura is my prediction.’

The above prediction of the fall of this little island is by blogger Matilah Singapura. It has three assumptions. One, Singaporeans are inflexible and not competitive vis a vis the Pinoys, Banglas, PRCs and those that came here to take away their jobs. Two, Singaporeans are xenophobic and will not accept the hard truths that the foreigners are here to stay, cannot be denied. Three, Singaporeans are expecting the govt to give them everything and would blame the govt for not doing so.

The first assumption is obviously flawed. Singapore is what it is today because Singaporeans are flexible and more competitive than the neighbouring countries. I will rule out China as they have proven to be a world beater and has over taken Japan and now challenging the Americans as the factory of the world, as the biggest economy in the world. As for the rest, they were losers to Singapore. Just imagine, if Singapore did not open the door to them, where could they go, where could they find the opportunity to earn big bucks and good living and working conditions? They could not find the opportunity at home and no other country will give them the opportunity like Singapore.  They will likely be begging for jobs back home or like strays crawling around in countries that would only give them poor quality jobs. These people are not entrepreneurial by nature or more competitive than Singaporeans. It is our system that makes them appear to be competitive by being cheapo. Most of them will be in the normal stream of our education system at best, even many of the so called super talents that came on board. You know what I mean.

Singaporeans are never xenophobic. They welcome foreigners even when they could hardly breathe and stressed out to tolerate the nonsense of the foreigners and their abuses. But Singaporean’s tolerance for foreigners is reaching a breaking point with their huge presence and their rogue behaviour, to even stealing jobs and discriminating against Singaporeans in their homeland. And many Singaporeans were even beaten up or shove around by foreigners. If nothing is done quick, xenophobia will raise its ugly head and things will not look pretty. The hospitality of Singaporeans has been taken for granted and kicked around by the foreigners with the authority turning a blind eye.

The new batches of foreigners are doing more harm than good to the city state, taking more than they gave, taking the better jobs, exploiting the citizens, and enjoying the great infrastructure and systems built by the Singaporeans. Other than the cheap labour and those in the construction industry that are really contributing to the growth of the country, the rest are pests, parasites, sucking the goodness of the country away that should rightly go to the citizens. There is no need for such a huge presence and if things are not managed properly, they will be driven away, by the people of the island.

Singaporeans are expecting the govt to give them everything! This is a fallacy, a false and misguided observation. It is the govt that is shafting everything to the Singaporeans in their face. The govt insisted on doing everything for the Singaporeans, making so many things compulsory, monopolising in many industries and trades, and making the Singaporeans pay and pay for things they did not want at outrageous prices.

Just think about it, especially people like Matilah Singapura, who could only look at things superficially. The Singaporeans will not do the country in. It is the super talents that will do the country in by their short sighted and single perspective policies.

Wow, I dedicated one whole article to Matilah Singapura’s fake intellectual construct and I did not do the same justice to people like Ngiam Tong Dow. Matilah must be feeling greatly honoured.  : ) Who is going to destroy this city state, definitely not the Singaporeans. They are incapable of even protesting for the wrongs they are living with, and being the suffering victims. Qualifications, this observation applies to the average and below average Singaporeans.

10/14/2013

Traitor and betrayal are loose words

Lately the words like traitor and betrayal have been loosely popping out from people’s lips and also in social media. Anyone that has said things or done things that are perceived to be unfavourable to the citizens or country will be slammed with such a tag. It is not nice to be branded with such a title and neither is it good.
 

In the past, politicians too have been called traitors or for betraying their parties by speaking out against party policies or interests. Such hateful comments are not good for the victims and also reflected badly on the people who mouthed them. You don’t simply call another person a traitor or for betraying country and people loosely like some assholes accusing people of racism or xenophobia.
 

With the internet allowing more freedom of speech, oops, I forgot the govt also has to be merciful for this right of expression, more things will be said and more people are likely to be stuck by such wicked labels.
 

Ngiam Tong Dow has become the latest victim. Some has said it openly, some implied, some might said it behind closed doors. Ngiam Tong Dow was an establishment man. He held the highest office in the civil service, a top notch civil servant that rubbed shoulders with the power holders. He walked the corridors of power.
 

His latest revelation of some of the inner thoughts of our leaders and the antics of politicians and civil servants are not being taken lightly. It is very serious matter for telling ‘state secrets’ that were once privy only to the inner circle. Ngiam has in some ways retracted what he had said. Whether he regretted or not is a separate issue. It was a very uncomfortable confrontation and a very uncomfortable Ngiam. He spoke and looked like he was chastised.
 

Was Ngiam also been called a traitor, or for betraying the establishment for saying his piece? Or has he been accused of biting the hands that fed him? There is a conflict of loyalty and obedience. Should Ngiam value the interest of the country and people more than the interest of the party and establishment? Or did he betray anyone or any interest group?
 

Ngiam was first and foremost a civil servant, someone who is paid by taxpayers’ money. He was not paid by someone’s Ah Kong’s money. He pledged loyalty to the country. If what he said were for the good of country and people, he cannot be a traitor or be accused of betraying the people or country, or can he? Who is to judge him and to accuse him of such deeds if any? On what basis?
 

Even if there is a conflict of interests between country/people and party/govt, the former shall override the latter. The interest of people and country must supercede all sectarian and party interests. I hope no one will dare to cast such blemishes on anyone who speaks up for the good of country and nation, and people. Tio boh?

PS; Patriots and loyal citizens sound better and more appropriate. Tio boh?

Boycott of La Fondue Restaurant

Gilbert Goh of Hong Lim Park fame has called for a boycott of the La Fondue Restaurant for discriminatory advertisement against Singaporeans. The offensive advertisment that let to this boycott is here:

‘HIGH SALARY FOR FILIPINO CHEFS ONLY E PASS, PR AND DP HOLDER

URGENTLY NEEDED CHEFS!!!!...We are currently an all Filipino team at the service and kitchen department….posted by oloresisimoroginald@gmail.com.’
Bloggers are up in arms against such a discriminatory advertisement that came immediately after what MOM had said and specifically told employers to be sensitive and to give the citizens a fair chance in employment. Maybe the restaurant did not read the newspaper or did not know of the MOM’s directive.
 

The next day the CEO of La Fondue, Ravinder Pal, issued a clarification and an apology citing that the management did not know about this and it was the work of an employee and disciplinary action would be taken against him. This did not please the netizens and they are claiming that the apology was not sincere and insulting their intelligence.
 

This is the first time a boycott has been called against a restaurant by the people, a bottom up initiative. And from the angry posts in the internet, it is not going to go down quietly. It is unfortunate that such an incident occurred.
 

While the netizens are angry, they should not lose the plot. The main problem at stake is the good jobs that were taken away by the so called foreign talents at PME level. At the lower level and for jobs that the citizens are not too interested, the reaction should be moderated. The employers need to hire and if the citizens are shunning those jobs, some flexibility must be there for the business to exist and operate. Of course in this case it was the outright discriminatory advertisement that is the main issue. No discriminatory advertisement is allowed under the MOM’s directive. It is against the law.
 

While netizens are right to be angry, let’s focus on the right stuff, the good jobs that PMEs have been discriminated and booted out, replaced by foreigners. This is the crux of the matter. Do not be distracted. Do not lose your focus. Singaporeans want the good jobs.
 

The fact that such a protest came about is telling a story, a new development in the city state. The citizens are getting increasingly aware of their plight, of their ownership of this island. They would not want to be pushed around by foreigners anymore. And the rude foreigners, the beating of citizens by foreigners, only helped to fan the fire. They are claiming their rights as citizens of the island, they are going to reclaim their country. It is a good sign that the citizens have awakened and politicised, and know that they have to fight for their own existence in their homeland.
 

This is the beginning of our version of the Tea Party. The people are standing up for their own rights and well being. They are taking matters into their own hands, a bad sign that says the govt has failed them. When they do, there is nothing to stop them. This is only the first step. This is a concrete action oriented move by Gilbert Goh following up on his PWP protest movement. Gilbert could set up his own team of investigators to expose companies that are guilty of selling out the citizens. He could open an avenue for whistleblowers to go to him or his blog for follow up actions. The whistleblowers can be assured of actions from Gilbert and his team. No lip service.
 

It is action time and more boycotts are likely to be called if the employers continue to flout the employment law and discriminate against Singaporeans. The govt cannot go after the people or Gilbert who are seen as protecting the citizens’ interests. Making things difficult for Gilbert could backfire, as anti Singaporeans.
 

There is a cause, and a champion is born.

10/13/2013

No tarts for me



‘Sir, Mr Lim is sending some tarts to you. Where do you want it delivered?’

‘No, no, no tarts for me. Tell him no. The missus will be angry.’

Many big shots are getting wary and scare of tarts and have given instructions to their secretaries to turn tarts away. And many big institutions have standing instructions not to send tarts to anyone anymore. Tarts are like lepers, to stay away from.

‘But Sir, the tarts are for the missus.’

‘What, what?’

‘It’s pineapple tarts Sir.’

‘Holly shit. That’s even worst. Listen carefully, return all pineapple tarts immediately. They are dangerous, like contrabands.’

It was reported that the tart business has since fallen to an all time low and workers making pineapple tarts have been retrenched. No body wants to be seen with a box of pineapple tarts in gift wraps.

Would you be ashamed if you are overpaid?



This is a loaded question and the answers varies, depending on one’s background, one’s philosophy if there is one, depending on one’s moral standing or one’s ethical standard, or depending on one’s propensity to corrupt, and many other things, including how much one is being paid.

This question has been thrown at many CEOs. Are you overpaid? None of them said they are. Everyone claimed that they are underpaid and could do with a few more millions. It is subjective of course. But when one is overpaid, or grossly overpaid, there is no need to ask the question. One knows and everybody knows.

Now back to the shame question. Could anyone really feel ashame of himself or herself for being overpaid for doing nothing or doing too little, or for being incompetent?  How could anyone be overpaid for doing nothing or sitting down whole day to drink tea and read newspaper? What, the company has too much money to spend? No shareholders to demand an explanation or a sacking? Sure, if it is your grandfather’s company, like the Ah Sia kia. Who is there to say anything? It is his Ah Kong’s money what? Or it is OPM.

Seriously, has there ever been people who are so thick skin, so immoral, so unethical, to collect humongous pay and do practically nothing, and feel right and proud about it? Don’t they have some principles, some sense of right and wrong, that taking so much money is wrong if one is not contributing an equivalent of work for the money taken? Would such people feel any pricks of conscience? Or maybe they don’t have any conscience at all. Heheh, who cares, as long as there are people or organisations willing to stuff money into their pockets, legally of course.

The question in the title of this article is foolish. Shouldn’t be asked at all. I can think of a good answer if asked. ‘If I am being paid that kind of money for doing nothing, then it simply says I am smart and you are daft.’

No sense of guilt. Yes guilt, which implies more than just ethical considerations or shame.

10/12/2013

The New Order

                      The New Order


I have a vision from Heaven. I am told to clear up the shit on Earth. Don't call me a prophet. All past prophets are no better than the ordinary people on earth. They were selfish , conceited and self centred. They eventually cause more trouble on earth through their flawed doctrines. It is no incident that all prophets seem to come from barren lands in the Middle East and not from Greece, India or China. Since ancient times the Middle East were so cursed that the political leaders of the various tribes  had to find ingenuine ways to hookwink and browbeat the people into submission to their rules and  leadership. Whereas in Greece, India and China great philosophers with great morals and ethics with no political ambitions lay down earthly. rules and teachings for people to follow. However the various so called prophets in the Middle East were able to use the psychology of fear of the unknown God to unite the people behind them in their political ambitions to assume great power and control over everybody. Each of these prophets profess a doctrine in the name of his imaginary God which is now wrongly called religion to put fear into the people and thus when the people are in fear of 'God' they can be easily ruled and control. Thus surely trouble ensures when different prophets profess different doctrines and different 'Gods'. As time line goes down the years and centuries these diseases , these doctrines of the prophets of the Middle East  spread to Europe , north Africa and some countries in Asia.

The political leaders of Europe, Turkey and Persia soon found a useful tool in these Middle East militant doctrines -  now called religion. They would adopt it and  make good use or evil use of it to justify their aggression and conquests all in the name of their infallible 'God' . In the course of their conquests millions of innocent lives were taken to justify in the name and the power and the 'Glory' of their supreme 'God' and in honour of their now questionable prophets. Now many of our eyes are open and we now know that these militant doctrines  from the Middle East have caused more deaths, sufferings and disasters than anytime in history both past, present and possibly for sure in future unless citizens of the world wake up from their delirious slumber and throw out these evil  and insidious doctrines down the gutter never to resurface again.

The New Order which I have a vision is too wide a scope to be written in one go. The earthly world in future should be ruled by a council of wise philosophers. The world will be ruled by philosophers as one unitary whole . People will be free to move about and there will be no artificial boundaries and therefore there is no necessity for separate national states or countries. There will be unity in diversity and therefore all different languages will continue to exist except for the adoption of five official languages viz English, Russian, Mandarin, Hindi and Spanish. Rules and laws will be promulgated by the council of philosopher rulers. The council of philosopher rulers will come from different corners of the earth and they will rule for not more than two or three terms of five years each.

There is no need for soldiers for the whole world is now one unitary unit. There is still a need for law encorcement officers like the police to prevent crimes . Every citizen of the world is free to think and believe what he wants to believe but no one is allowed to disseminate his doctrine or force others to believe his insidious and divisive thoughts of the false and fearful concocted "God' or 'Gods'. In other words there will be no more prophets for they are prophets of doom and they cause more trouble to this world . The world has limited resources so no man is allowed to have more than one wife and no single couple is allowed to have more than three children be they all males or females.

Regarding work and occupations, everybody above eighteen has the right to work and be paid a reasonable salary. If you are a businessman there will be rules to see that you do not exploit the people and if you are officers in the government and that includes the council of philosopher rulers you will be paid well enough but the laws will see that you do not abuse your positions and become thieving officers by legalising your illegal , humongous and sinful takings.

Of course there is no Utopia world. But the world will be better without deceitful politicians and government officers who are crooks, scoundrels, charlatans and liars.

Southernglory1

Overseas exposure needed


The advert for a sales representative to sell kueh tutu received 300 applications. Finally after several rounds of intensive interviews the position was offered to the best candidate from Timbuktu. He has a Ph D and international experience. He is everything better than the rest of the applicants, a real talent. How not to employ him?

The mama CEO was furious. She only got ITE certificate. No she was not feeling inferior. She is an entrepreneur and is worth several millions. She does not need to feel insecure. She could buy a few Ph Ds if she needed them to paste on her face to look good.

‘What the hell we need a doctorate for to sell kueh tutu? What the hell is the international experience for when he is to go door to door in HDB estates? We are doing local business and the qualifications and international experience are redundant.’

‘But m’am, the head hunting experts said that we should grab the best talents available. And this one looks so good and so talented than the locals.’

‘Which HR expert told you that?’

“The one I spoke to from the international recruiting agency. He came from Timbukone. He said the foreign talents are sooo good. Don’t let them get away. It is good for the country.’

The boh tak cheh CEO sacked the foreign talent with the Ph D immediately, and the HR too. She said she would take her back and the Ph D candidate in twenty years time when she is going international, but not now. The HR has to go for fear that she would employ a foreign masters graduate to wash dishes as well.

No need to create more jobs



You listening, there is no need to create more jobs as long as we can keep productivity up. The rational is simple. We have more than 1 million good jobs in the city filled by foreigners. This is a very good buffer. In fact we have created nearly 2 million extra jobs for foreigners. If productivity can be improved without having to flood the island with more foreigners, the govt could work out a plan to slowly replace the foreigners with citizens. In the meantime let them hold on to the jobs for our citizens. We can calibrate how many more foreigners we need not because they can replace our citizens by presumingly being a bit more qualified or ‘talented’ than our citizens or faking it.

Our TFR only produces about 30,000 or 40,000 job seekers each year. We are actually over creating jobs but also creating unemployment problems caused the jobs didn’t go to the citizens. With 40,000 new job seekers, how many new jobs need to be created? If we plan to maintain a strong Singapore core, not a core of Trojans, we could gradually, slowly replace a small number of foreigners at a time to keep our fresh graduates fully employed.  At this rate, with 40,000 annually, it would take 50 years to replace all the 2m foreigners, assuming a static position, while keeping a lid on population growth.

There is no need to go on the crazy 6.9m run just to create growth for the sake of growth. No need to keep building and building smaller and smaller flats. No need to build to high heavens or down to hell. No need to beg for more foreign investments indiscriminately. No need to keep telling the people they cannot afford to own cars as we have space constraints caused all the space must be turned into concrete for more businesses and more buildings.

What do you think?

10/11/2013

Confusion and unhappiness over stock market upheavals

The suspension and designation of 3 highly active and leveraged stocks that
saw their values went from rags to riches and back continue to cause much
grief and unhappiness among investors that were caught in the whirlwind.
Clients and remisiers were equally upset by the turn of events as many are
going to be hurt with a lot of losses, and now the latest, investigation on
short selling and probably prohibitive fines that could hurt the pockets
very badly.

The President of The Society of Remisiers, Jimmy Ho Kwok Hoong, has been
caught in the midst as representative of remisiers and trying to alleviate
the pains and losses of his members and their clients. In another letter to
the ST Forum he lamented the lack of clarity of SGX’s instruction and
slowness to investigate the counters that saw their prices shot through the
roof within a short span of time. The mess got worse when different broking
houses started to interpret the instructions differently and changing
continuously.

As a result some clients sold their shares prematurely and ended in short
positions which could lead to penalties from SGX.  I quote from Jimmy Ho’s
letter, ‘Compounding matters, clients are now required to show satisfactory
evidence that they own the “designated” security, either with the CDP or
other custodians, before they are allowed to sell.  Clients are further
upset over this new ruling, which is onerous, impractical and illogical.
The SGX’s handling of the situation, so far, has been amateurish.’

What is happening?

We are Singaporeans, not opposition

In an article posted in TRE, a blogger by the name of Albert posted this…
 

‘ Honestly, I see so much hypocrisy in the PAP. While I applaud the courage of Tan Chuan Jin to be willing to stick out his neck to listen and then do something, but I don’t think he alone is able and is enough to save face for the ruling party. I think the damage is done and the trust in the PAP among many professionals in Singapore that I know has long been broken.
 

I am also beginning to think that if the 6.9 million population resulted in Singaporeans becoming the minority, does it really make sense for our children to serve national service in future. Just to clarify, I was a proud national serviceman before who was willing to serve and defend the people of Singapore because I know the leaders like LKY, GKS, and Rajaratnam then truly believed in building a nation for the good of Singaporeans.
 

I really have a lot of doubts today because the policies and practices of the current leaders do not seem to point in this direction, unfortunately!....’
 

This is the kind of sentiment that is gaining momentum in a nation divided, a people feeling unwanted and rejected. Oops, can’t say this about the top 20% that are getting richer every day and joining the list of multi millionaires. But there are 80% of the losers whose views and interests may not mean anything or can be ignored, so some may think so. For a supposedly very rich country, if the majority of the people are feeling this way, it cannot be good and the well being of the country cannot last long.
 

This Albert is saying what the silent majority may not say or could not say, but feeling the same way. The people are disillusioned and are crying in silence, in alternative or social media. And sadly, these cries are seen as ‘OPPOSITION’. But these people are Singaporeans who want a better life for themselves and their children. They are not OPPOSITION, for goodness sake. They are falling victims to a society that is getting richer but running away from them. They are trying to catch up but gasping for air. And to make matter worse, they seen themselves being replaced by foreigners who are here having a good time taking over good paying jobs from the citizens.
 

And more sad, or sadderer, the people who are falling behind see a govt that is not doing anything or not doing enough while their good lives are petering away. Is this a myth or real? If it is real, it is very dangerous as the govt will be bungled out without knowing why unless the govt has a secret formula to keep winning elections. If it is a myth, that the lives of the people are really getting better, it is still bad as the govt will still be bungled out at the next election, cause the people don’t think so. The govt can only hope that the whole thing is not real, and the kpkb is only a minority, from the opposition and trying to stir unhappiness. The noise can be ignored as it is not important.
 

Are these people OPPOSITION or just ordinary citizens that are unhappy with their plight, and unhappy with the govt? The govt can ignore the opposition but it cannot ignore the citizens. Unfortunately the 6.9m population issue and the influx of foreigners to replace Singaporeans in good jobs say that the govt is not interested in what the people are saying.
 

So be it. Never mind if NS men do not feel proud about being NS men and the duty to serve NS.

Only $15 more for the right baby

Now this must be the most comforting news that I have read so far. According to a report in a local Chinese paper yesterday, mothers delivering their babies could be assured that the babies they are carrying home are their very own babies by paying an additional $15. This amount is really nothing knowing that the whole child delivering procedure could cost several thousand dollars. The paper did not mention which hospital is charging this additional fee or whether it a govt private hospital or a private hospital. It is like after paying this fee, there will be additional effort or procedure to monitor the correct baby for the correct mother.
 

It is also good to know that it is better late than never. They could have introduced this long ago and be applicable to all the hospitals, private or govt, if there is a problem.
Is there a problem? Millions of babies have been borne and grown up over the years. Wait a minute, you know what I am thinking of? Anyone who thinks he/she does not resemble his/her parents, uh oh. The DNA department is going to be swarmed with such requests and business is going to be good.
 

How many people will be having sleepless night wondering, just wondering. And a word of caution, do not be paranoid about this, don’t panic. It could just because some mothers are being a bit more kiasu and wanted that little bit more assurance.
 

All is fine, I am sure. This is a very reassuring piece of news, must be. $15 for peace of mind.

PS: KKH has confirmed that it was the hospital mentioned by Lianhe Wanbao and that it does not charge extra for the use of Radio Frequency Identification System. It was incorrectly reported by the media.

10/10/2013

Asia geopolitics – who balances who?

The American Empire has been the sole military super power in the world since the end of WW2. It has dominated every corner of the earth just like the British did once. There was no rival after the collapse of the USSR. The Soviet Union came quite close to balance the overpowering presence of the Americans but fizzled out.
 

Today there is still no country in the world that could pose any serious challenge to the American Empire. With its naval fleets and nuclear arsenal it can simply knock off anyone standing in its way. Why is the western media filled with comments like the Americans are moving back to Asia to balance the growing military power of China? China was not a military power, and even today it is just a new power gasping to catch up with the American Empire militarily, but not going to catch up in at least another 100 years.
 

Is the rise of China and its growing military clout a balance to the American Empire or the American Empire and its pivot to Asia a balance to China? Who is balancing who? Whose dominance is now being challenged and being balanced? Asean and Asian countries should be grateful that there is now a strong China to stop the Empire from turning the region into another Middle East. They should be grateful that the Empire could not do regime change in the region as it pleases because there is a China to say no, or at least a China in the equation to put the Empire on check.
 

Without a strong China to balance the Evil Empire, North Korea would have been gone, Iran would have gone too, Pakistan and Myanmar could go as well. And countries like Indonesia and Malaysia would be on the watchlist and could also be on the listed among the Axis of Evil and be under constant threats of regime change.
 

The daft countries could not appreciate the importance in the rise of China to their security, economic and political well being. China needs not do anything, but its presence is enough to keep the Evil Empire sane and to adopt a less ruthless and unyielding policy towards countries in these the region. Just think what it would be like if there is not a strong China in the way of the Evil Empire. Asian and Asean countries should count their blessing that there is a China to balance the Evil American Empire.

Now you know why Obama is paid so little

He could not get his Obamacare past Congress and the US govt has to shut down. What kind of leader is that? He should take his Air Force One and head for Changi and then make a trip to meet the Oracle. And this time the Oracle will send him to meet Hsien Loong for a solution.
 

And the solution is so simple. Just make it compulsory, like our Medishield Life. Problem solved immediately. And if Obama still cannot figure out how to do it, we can loan him Gan Kim Yong and his team, at a fee of course, unless Obama want to make a trip to Japan to learn and work out the formula himself.
 

We don’t pay our ministers the kind of money for nothing. Solving national problem is our minister’s forte. The Americans can adopt our 3M medicare system whole sale. Oops, now it is 4M, with Medishield Life. The Americans have their own 3M but that business would not help except to tape together broken pieces.
 

The American Embassy here is also sleeping. They should send a coded message to Obama immediately, Top Priority, to visit the Oracle before it is too late. But makes sure the message is not intercepted by Wikileak. It can be embarrassing for sure.

Malaysian EPF paying 6% interest

The Malaysian EPF has been consistently paying an interest rate of between 5 to 6% for the last 10 years. How is this compares to our 2.5% and 4% interest rates paid by CPF? Damn shiok right?
 

Now how could the Malaysians do it? They employed fund managers and so did our govt. They are likely to invest in a basket of financial products like us. It would be the greatest joke if their investments are chalking better returns than our world best fund managers. They could not be doing anything too different from us. Cannot be right? How then could they pay that kind of interest rates for so many years?
 

It would be patronizing to assume that their returns are lower than ours and still able to pay higher interest rates. Let’s be fair and presume that both perform just as well in ROIs. So, if the Malaysians are paying higher returns to their EPF owners, then the fund managers must be getting much lesser in salary and bonuses or they are returning everything they earned to their fund holders.
 

I think this is it. They did not engaged world best fund managers at world best pay, so the savings could count a lot and could end up paying better returns to their EPF owners. Explaining it in this way is not too complimentary to our fund managers. Our fund managers must be better and making better returns for the money they are being paid. And the lower pay out could or might be due to other reasons that we are not privy to.
 

Overall, it must be value for money. If we are paying so much we must be getting more in return. Tio Boh? But still doesn’t answer the discrepancy that the EPF can pay so much but with our world best talents our CPF are paying so little.

10/09/2013

"We pay people what their job is worth................"

"We pay people what their job is worth and what the quality of the people is worth..............." Does this statement impute that the presidency and the ministerial posts in Singapore are heavier and of greater gravity and responsibility than those of USA, Russia, China, Germany, England, France, India Indonesia and Brazil and therefore needs to command  premium salaries many times higher than the others.

As regards the quality of our president and ministers , do they measure up to that of President Putin of Russia, Merkle of Germany, Xi Jingping and Li Keqiang of China and those of the aforementioned countries. In both cases they do not and therefore their salaries should henceforth scale down to more commensurate level say forty to fifty percent that of the salary of Obama or Merkle or Putin. Singapore is very much let down by our president and ministers. They have four of the five proverbial blindness viz blind to injustice, blind to their incompetence, blind to the righteous, blindly engaged in war and blind to the citizens' well being and all this would eventually doom the state to fall and the people to suffer more.

They do not seem to care that their sinful unrealistically high salaries, the COES, ERPS and GSTs have a very high negative and direct impact on the peoples cost of living and therefore a great burden to them.  They don't seem to realise that the high cost of HDB flats, high cost of transport and high medical cost is a nightmare to the people at large never mind what Koh Boon Wan said about paying only $8.00 for a heart operation.

Many of the government's policies and governance are poorly thought out especially regarding the workers' CPF , foreign talents and intake of hundreds of thousands of immigrants into this tightly sardine packed island and these have a great detrimental impact on the lives of Singaporeans. The president and ministers should  'Walk The Talk' and not talk 'NATO'.

5 kinds of blindness worse than being blind

In an article written by a David Wu and Tanya Harrison on music in The Epoch Times they mentioned an ancient blind musician by the name of Shi Kuang. When the emperor took pity on his blindness he told the emperor that his blindness was nothing. There were 5 kinds of blindness that were worse than his.
 

He said, ‘when a king was blind to injustice, blind to his official’s incompetence, blind to the righteous, blindly engaged in war, and was blind to his subjects’ well being, his state would be doomed to fall and his people would suffer more.’
 

This little ancient wisdom can be applied to modern day states and the state of blindness of heads of govt or country. Any head of govt or country that lives with the 5 blindness will soon see his country’s doom and his own doom.

CPE will not take legal action against student blogger Han Hui Hui

Media Release

STATUTORY BOARD WILL NOT TAKE LEGAL ACTION AGAINST STUDENT BLOGGER

Court Action Discontinued as Parties Arrive at Agreement

SINGAPORE, October 8, 2013– Han Hui Hui, the 21-year old Singaporean student blogger who was threatened with a defamation suit by the Council for Private Education [“CPE”], has agreed not to proceed with her challenge in Court against the statutory board. The CPE has agreed not to take any action against Ms Han for defamation.

Acting for Ms Han, lawyer Mr M Ravi believes the matter has come to a happy outcome for his young client. “I am so proud of Ms Han’s conviction. She has not shied away from a fight and through her persistence and activism, Ms Han has raised awareness on this issue – Singaporeans should have a reasonable expectation that they will not be sued for defamation when they question or criticize a public authority.”

Through her challenge, Ms Han was asserting in the Singapore Court what is known as the “Derbyshire Principle”: plainly, that individuals should be free to criticise government institutions and their agencies without fear of being sued for defamation. The principle has been adopted widely in the Courts, beginning in the United Kingdom (Derbyshire Town, for which it takes its name) and following in Canada, Australia, India, South Africa and Malaysia. In the United States, this principle has stood for nearly a century and its purpose is to allow free and fair criticism of public institutions by the citizens who both fund them with their tax dollars and are governed by them.

“I hope that Parliament will act soon to amend the Defamation Act to ensure that government agencies do not continue to use the tax-payers’ dollars to fund actions against their own citizens in Court. The government – particularly in Singapore where the mainstream media is state-controlled – has ample resources and opportunity to respond to any inquiry or criticism raised by the public without resorting to punitive civil action against private individuals” states Mr Ravi.
 

Han Hui Hui and fellow Singaporeans should say a big thank you to brave and upright lawyers like M Ravi to stand up for them. Many had in the past decided to back off and even pay compensations to rogues that were in the wrong but used the weight of the law and their big bank account to bully innocent citizens and abusing the courts of justice. Without professional and civic conscious lawyers like Ravi, Han Hui Hui could go the same way if she could not find anyone to represent her without bankrupting her with legal fees.
 

Thank you Ravi and the likes, if there are any of you in the community

Education quality to be improved

In his dialogue with Poly students yesterday at the 17th Polytechnic Forum, Heng Swee Kiat said there was no need to build another polytechnic. The five polytechnics should be adequate for our needs. What is lacking is the quality and this must be improved ‘to make learning more engaging and valuable for students’. This about sums up the education and job situation here at the moment.
 

We are producing enough graduates but lacking in quality. The problem is solved by importing good quality graduates from the third world and they have the numbers we need. In the meantime the urgent matter is to raise the quality of our world ranked education system to compete with those in unranked education institutions in the third world countries. They have got their education system right while we got it all wrong. We are like getting all the branded goods, brand names, but all fake, unusable and of poor quality.
 

The issue of improving the quality of a flawed education system will take a longer time to correct. While the MOE is doing it, perhaps it would be better to correct the clear and immediate problems by sending our students to the third world countries that are producing all the great talents that are replacing our daft graduates. The second step is to send a few teams to these third world countries to learn from them on how to produce graduates that are better than our universities and polytechnics. And certainly, even if the quality does not improve, the cost will be much cheaper if we engaged all their top professors, lecturers and teachers to replace the robots that we are using to teach our students.
 

With this two prong approaches, we would be able to save a lot of cost in education and produce good quality graduates as well. We may not need all the world ranked universities and polytechnics by sending our students to universities and polytechnics in the third world countries. No need to pay expensive western professors and lecturers, no need expensive education institutions and infrastructures, no need to sell ourselves as the education hub when we are producing not employable graduates or graduates good only for second or third tier management, etc etc.
 

That’s the way to go, cheap and good, very good and very cheap.

10/08/2013

Meetings of world leaders should be like this

APEC 'should take lead' in FTA talksPhoto courtesy of China Daily
Vladimir Putin celebrated his birthday in the idyllic island of Bali. Among the party guests were the Prime Ministers and Presidents of the Asia Pacific and Asean countries. Xi Jin Ping was there too. And Putin had the honour of another President in Yudhoyono strumming the guitar and playing the birthday song for him. And all the PMs and Presidents sang Happy Birthday to Putin in a relax and joyous moment like an old boys' club. What an evening.
 

In a gathering of world leaders, it was about caramaderie and friendship, about building bridges and relationships. It was not about threats of military actions, sanctions or signing military pacts. It was not about warning countries that their national interests means the country has a right to thump table and expect other countries to let them run roughshod in their neighbourhood.
 

The APEC Asean summit was like a birthday party, about peaceful pursuits and trades, not about big bullies threatening everyone that they are here to stay, bringing their guns and warships, and to sign defence treaties to prepare to fight one another.
Happy birthday Putin. And what a gracious and charming host in Yudhoyono. It was a Bandung gathering of a different kind in a different time when Indonesia again played hosts to world leaders.

US Evil Militant Doctrine of Perpetual Warfare

China And ASEAN as well as all other countries should be aware of US Evil Doctrine of Perpetual Warfare
                                                          
China and Asean countries have both in the recent past shared the unfortunate fate of being occupied , colonised and badly exploited by the West and therefore they should now be more vigilant and wary of the West headed by the Evil Empire - USA . US has an evil militant doctrine of perpetual and permanent warfare. Under this doctrine US and the West will consistently and incessantly psycho, provoke and incite other unsuspecting countries to fight and go after each others throats while they will sell weapons and military hardware to the pathetic warring countries . US find this insidious doctrine of perpetual warfare necessary and essential because of its huge mongous war industries . The war industries employed hundreds of thousands of employees and are owned by warmonger capitalists who sit in both Wall Street , The White House , Congress and The Senate as well as in CIA and The Pentagon. These war industries serve the multi purpose of not only earning the warmongering capitalists hundreds of billions of dollars annually but also enable US and the West to control the natural resources of other countries as well as allowing US - The Evil Empire to hold hegemony and have complete control of all countries in this world.

China and ASEAN as well as all other countries must not fall into the trap of being psychoed and incited to go into warfare among themselves just because of imaginary, flimsy and frivolous grounds or reasons played up by The Evil Empire - USA.

Southernglory1

Read the article below and watch the video by CORBETT

Re: Who Is Really Behind the Syrian War? - YouTube
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We all know that the US government is the greatest warmonger in the world.  Without wars, big or small, how do their weapon manufacturers sell their weapons? This group of ppl have great influence in Capitol Hill.  So they go around to instigate revolt against legitimate governments around the world using the flimsiest excuse to wage wars in these countries.  Iraq is the case in point.  Where are the WMDs?  None.  But look at the state of affairs in Iraq.  It is anarchy all round.  Libya was next and now Syria.  Now they want to pivot to Asia.  China is their target.  They tried the Jasmine revolution but failed and now they try to get their minions, like the Japanese lap dogs, the ingrate Vietnamese government and the spineless Philippines government to do their dirty job by needling China into localized wars in the South China Sea over island disputes so that they can go in to hammer China invoking their so-called joint defense treaties. 

China must exercise the greatest restraint not to provoke a military skirmish, thus giving the US the long awaited excuse to launch another debilitating war.  China must concentrate on improving its internal security, (against the separatist elements in Tibet and Xinjiang) strengthening its defense capability and furthering its economic power. 

Militarily, China is no match against the US at the moment except maybe starting a nuclear conflict in which there will be no winner but mutual destruction.  Remember the US was the one who dropped 2 atom bombs in Japan in WWII.  Now sworn enemies of yore viz Japan and Vietnam are bedfellows with the US against a rising China.

Without the internet to show real footages, I would have thought that the US is the 'good guy'. Now I know the US and its leaders are just as devious and they have their agenda to bring down Syria as they have done with Iraq. I have learnt not to trust the politicians any more.

Like to share the following link on the Syrian saga.   the video is from Corbett Report, an independent podcast on politics, society n economics.   it was started by a Canadian James Corbett.   what is worrying is retired USA general Wesley Clark's comments of a plan to get rid of 7 Muslim countries in Middle East, viz Irag, Lybia, Syria, etc.

 http://www.youtube.com/watch?feature=player_embedded&v=cCdaExnIpGs