6/30/2006

comfort women fairprice

Talkingcock.com posted an article that NTUC Comfort is moving into masseurs services and setting up a new company called Comfort Women FairPrice. Now this is a test to see whether Singaporeans got any sense of humour. I think got. But before this conclusion is final, lets wait for an official confirmation.

the anwar factor

The Anwar factor. Anwar is squeezing himself into the fight and it seems like he is not on anyone's side. Now it looks like a 3 corner fight but with Anwar cheering the two combatants to slog it out. Isn't that interesting? From the reports apparently the Umno camp has cold shouldered Anwar which is understandable given that Anwar will be too big a presence and a threat to many of the aspiring leaders. And it is also to Anwar's advantage to let Badawi and Mahathir to fight it out. When two tigers fight, very likely both will be badly wounded. And here comes Anwar, clean after washing away all the dirt and mud that were smeared on him. Nothing can stick anymore. Looks like Anwar's chances of becoming the next PM is still very good.

myth 30

'Singaporeans are so lucky' I can't help share Mr Brown's enthusiasm today. Everything is up, spirits up, morale up, hopes up, salaries up, prices of properties up, fares up, fees up, and I think happiness index also up. It is such a joy to read happy articles like this, contributed by Mr Brown in the Today paper. And in the small prints Mr Brown also included a small thing that was left out, the income of the 30% low income earners. Only this little item was not up. And after reading all the ups, I got this strange feeling that something is not going to stand up. I think our population rate may be slightly affected if this thing is not up. But all things considered, Singaporeans should be happy as there are more ups than downs.

6/29/2006

myth 29

'Voting for PAP will get priority in lift upgrading' This is now a confirm myth. Voting for PAP does not guarantee priority in lift upgrading. Similarly, voting against PAP can still get priority in lift upgrading. The factor that decides lift upgrading priority is not how one votes but whether the constituency is won by the PAP. If a constituency is won by PAP, everyone in the constituency will be treated equally and get lift upgrading priority. If a constituency is lost to the Opposition, everyone in the constituency will share the same fate, ie no priority in lift upgrading. In this way, everyone is treated fairly, PAP or Opposition supporters, all the same.

poor singaporeans getting poorer

Poor Singaporeans getting poorer. The latest General Household Survey shows that the lower 20% household income dropped by 20% to $1,180. And the 30 percentile dropped by 5% to $2,190. Here we are talking about a household's income, the income of two breadwinners. And ironicall the top 10% household income gone up by 14.8% or $16,480. But the survey did not show the top 3% household income. This is very likely to be from $1 mil to $2 mil for a year or probably a 100% rise. Just extrapolating on the incomes of individuals which went up by $1 mil to $2 each. And if the household has two super income earner, the net increase could be $3 mil or $4 mil. But all these are natural, unavoidable and expected as the supertalents must be paid highly or else they will be poached by other MNCs and will be a lost to the country. We cannot affford to lose our CEOs in SIA, NOL, Singtel, PSA etc etc and all the banks to foreign companies.