1/16/2006
help save our fallen talents
the govt is spending $1 billion to help those who are earning less than $1,200. would the govt be kind enough to consider helping the group of fallen talents, formerly very talented, many were managers and ceos, but now unemployed or become taxi drivers?
this group, some in the late 40s or in their 50s, have housing mortgages, children in school, but now with a dwindled income as taxi drivers or some other jobs that really would not be enough to provide for their families basic necessities. and many would not come forward to ask for financial assistance even when they have fallen on bad times.
this is the most neglected group and with the most responsibilities and needed the most help.
maybe we should organise a charity show and interview them and let them tell people their hardship on television, and hopefully after a few tear jerker stories, they might receive some donations from the public. they are so pitiful.
voters will not vote out a pm
this is a comment by dr ho khai leong on the wp's intent to field a team at angmokio grc. why won't the electorate vote out a pm? such a question or thought seems so naive in the singapore context. the pm winning his seat is a given.
would this hold true in other parts of the world? many pm's and presidents have been booted out by their electorate. why not in singapore? can it happen? are the people's vote so easily taken for granted, that the pm must be voted in?
gst: we need discrimination
is it right to tax those who are struggling to make ends meet? many singaporeans on the lower end of the income bracket did not pay taxes before, until the introduction of the gst. this is a sweeping tax formula that does not discriminate the people who are being taxed. it is super efficient as an instrument of collecting taxes for the govt and covers practically every consumable items. now all singaporeans are being taxed. this taxation through gst hits the poor more than anyone else. yes, it also means that the rich will also have to pay more in their purchases of big ticket items like housing and cars.
to be socially more just, perhaps a little discrimination shall be introduced into the system to leave out the lower income group. they are now taxed quite heavily all because of gst. basic necessities like food and water, transportation, medical, housing and conservancy fees are all subject to gst. the amount of gst paid under just these few items will come to several hundred dollars. transportation at a monthly expenditure of $100 per head multiply by 2 adults and a child could easily come to $250 or $3000 per annum. gst payable is already $150.
does the govt have any interest to alleviate the poor from being taxed so heavily? would they introduce some discriminatory rules into the gst to favour the lower income group? i think this is a first in the world for the poor of a country to shoulder such a huge tax burden relative to their income.
1/15/2006
singapore's golden years
it was a time when confidence was high. everyone was thinking of a better tomorrow and actually expecting it. pay rises were huge and frequent. year end bonuses were equally enormous. everyone was upgrading and every residential project was swarm by prospective buyers. other than house huntings, the other thing worth doing is playing golf all over. playing in singapore and malaysia is not good enough. australia, china, thailand and other distant golf courses were frequented by singaporeans.
those were the good times. the golden years of singapore. when i was told that, i thought otherwise. there were more golden years to come. that was just the beginning. a peek to what more good things will come the singaporean way. but we also wondered whether that would be the end. and it seemed so. it came so fast and furious, only about 10 years ago and vanished in less than 10 years.
now what happens? even hdb flats nobody wants. selling cheap also no takers. and the govt has to give out $1 billion to help 240,000 people, countables, who are in hard times. the number of not countables and facing hard times is unknown. but the rich are getting richer and faster. the ugly face of greed is popping out everywhere. a huge house build on weak foundation will collapse on its own weight.
renaisance in science and technology
the world is on fire, firing all three engines instead of 2 and 1/4. for the last few centuries the advancement of science and technology was basically supported by the european civilisation. then this splitted with a strong branch growing in the usa and a little branch in japan.
today, usa, europe and asia are pulling in their weights together with china, india and korea joining japan as the full asian branch. with all three engines firing together, the rate of growth and progress in science and technology are likely to be in leaps and bounds. the impetus of such a powerful combination of human energy and resources can propel the world at a pace not seen in history. however, these energy must be carefully harnessed for peaceful economic growth and competition and not in war. the consequence of a third world war will be more devastating as the promises of tomorrow.
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