7/13/2006

to believe in what we hear or see

We have all the time been living between believing and the truth, between what is spoken to please and what is real. I have posted what Vivian said here just like I have posted many things said by many people. Then it is for them to live out what they said or to dismiss what they said by their own subsequent actions. Boonyang has finally replied. What came out in his reply is as if the govt have been repressed and cannot respond to the public. And respond they did. And with one stroke, they completely wiped away everything that Hsienloong had said for the last few years and during the election. Let me recollect some of the things that Hsienloong stood for. Starting with the slogan, Staying together, Moving ahead. The way Brown was silenced clearly showed that it is a we against them divide. We are the boss and when we do not like what you said, disappear for good. This brings to the second point about encouraging people to speak up, listening to alternative views, have a debate on ideas, the right of reply. Why is it so difficult to debate about such an important issue raised by Brown and generate more interest by getting the population involved, discuss it thoroughly? Would this not encourage the people to be more participative, more involved with national issues and really feel that we are all together in the same boat? The impression created now is a very high up authority that talked down to the people and will not hesitate to brush aside any dissenting voice. This is like taking 20 steps back at one go. Where are we now? And how is Vivian going to go about engaging the people when a comment by Brown is stamped out with so much force? Why is there no confidence to engage the people in a constructive debate? And I think it is very unfitting to demand the people for solutions when they are paid to find the solutions. I have stated this many times before. When you are paid at market price, paid for your worth, you are expected to deliver your worth. There is no free lunch. Now they are being paid breakfast, lunch, dinner and supper. Please deliver. And there is no need even to say thank you when they delivered. It is purely a business contract. Once we take this road, it is no longer a sacrifice for the country and nation. There is no sacrifice. It is all bull. Everyone is paid adequately or more than adequately to do their job. And it is the right and reasonable expectation of the people to demand for the best when we paid for the best.

7/12/2006

reckless japanese militarism

After reading reports from all quarters, we are seeing a group of jokers that are more reckless and thoughtless in Tokyo than those in the White House. Shinzo Abe wanted to carry out a preemptive strike. And all quarters in Japan are drumming up support for this action claiming that the ordinary Japanese also wanted Japan to strike first. Do these idiots really know what they are in for? A handful of bombs to knock out North Korea's nuclear capability? No way. Once the first bomb flies, it is all out war. And every missile in North Korea will fly into Japan. Of course the Japanese first strike could be in the same manner. Try to imagine the casualties! It will dwarf Nagasaki and Hiroshima. Millions will be wiped out from both sides. And South Korea will not stand on the side line. Its missiles will follow the path of the North Koreans into Japan. No, the North Koreans will not strike South Korea. It will be a war between the two Koreas and Japan. It will be Year Zero for Japan for sure. Let's see how cocky and reckless the Japanese will be. There is no guarantee that a first preemptive strike can take out all of North Korea's capability and that North Korea has no second strike capability. And for sure, South Korea will be the third strike which Japan did not count on in her equation. Come on Japan! Let's go, bomb North Korea!!!

How well did Temasek manage our reserves?

Attached is an article on Singapore and Temasek Holdings in the Fortune magazine of 20 March 2006, "Singapore Stumbles". I also refer to Temasek's letter to the Straits Times, Feb 7, 2006, "Temasek's 30-year returns a robust 18%". When I saw this statement pasted in the YPAP forum, I was dumbfounded. 18% in 30 years is considered robust? I put in fixed deposit for 30 years with a 2% interest will give me 60% return with no risk. And if the interest rate averages at 3%, I will get 90% return. What is 18% to crow about and managed by a team of experts and incurring all the risk of losing a bundle if the investment decisions went wrong? Today it was reported that GIC opened its book to detail its investments and LKY said GIC 'has earned an average of 8.2% a year in Singapore dollar terms since 1981.' Now this is more like it. How did Fortune get that 18% figure? I will be deeply disappointed if that is the case.

7/11/2006

japan threatens north korea, korea must strike first.

The Japanese have spoken. They are openly threatening the North Koreans of a preemptive strike at their nuclear sites. This threat is an open invitation and enough justification for the North Koreans to launch their own preemptive strike against Japan. The Japanese have adopted a very aggressive and hostile stance in the UN, insisting that the UN and the world must accept their position to take strong measures against the North Koreans. Their behaviour is a mirror image of what they did prior to their conquest of China in the 19th Century, making demands after demands on a weak and semi colonised China. They are treating the Koreans like their former colony and China like the Sick man of Asia. They challenged the right of China to veto their proposal in the UN. It was prudent that China did not fall into their trap and supported their entry into the UN Security Council. The Japanese are now not hiding anything. They are standing up on the world stage to tell the world that Japan is now a military power and will take on China and the Koreans come what may. And their preemptive strike is on the way if China could not force the North Koreans to accede to the Japanese demands. What are the two Koreans going to do in the face of a militarised Japan ready to kick their butts? I would strongly encourage the two Koreans to strike at the Japanese first as a means of defence now that the Japanese have threatened to strike them first.

myth 39

'Singaporeans have a good sense of humour' I think most people will agree that we need to have some humour in our life, and humour makes life that more pleasurable. And I would also think that Singaporeans too have a good sense of humour. But lately I started to change my mind. I think not everyone are equipped with a sense of humour. And the type of humour is also very important. Black humour is acceptable. Any colour of humour is ok but make sure it is not brown humour.