myth 73

'The truth of half truths and truths in Cyberspace/MSM' Cyberspace has been accused by the MSM as something like the twilight zone, harbouring anything but truth. And many proclaimed truths are actually half truths. Truth can only be found in the MSM, spoken by honourable and reputable people in reputable publications written by professionals. Do I need to say anything further? A cup is half full, so I say. The other party say no it is half empty. So who is telling the truth? The Emperor is not wearing anything, so say Cyberspace. The MSM sees the same thing but not saying anything? Who is telling the truth or half truth? If Cyberspace talks about the poorer 20% of the population and MSM brags about the good life of the top 20% of the population, who is telling the truth and who is telling half truth? If Cyberspace cries out for the people who find that public transport fare is expensive, and MSM quoted comparative figures of New York, London and Hongkong and concluded that our fares are cheap, who is telling the truth and who is telling half truth? Is Cyberspace only spreading half truths and MSM only telling the whole truth?

mine is mine, yours also mine

When the NEP was first conceived, its target was for the bumiputras to own 30% of the nation's wealth. How this was defined was still as hazy as the Indonesian haze today. A figure of 30% Malay ownership by 2020 is now the official target. But 30% Malay ownership of what? The official govt figure is that the Malays only owned 18.9% and this is defined as all the 600,000 registered companies. An independent study by Asli came out with a 45% ownership. And quoting this figure is even seen as being irresponsible by Badawi. What has in fact been the case is that Malay ownership of GLCs, which are the meaty companies as they were huge, are not considered as Malay ownership in the bumiputra definition of the word. The official bumiputra definition of Malay ownership is that what is mine is mine and not counted. What belongs to the non bumis only can be counted. Jusr consider all the stocks in the KLSE alone, assuming that the GLCs eventually grow to 50% of the size of the stockmarket, it is still counted as zero Malay ownership. So when they achieved 30% of the balance 50% of non bumi ownership, they would in fact controlled 65% of all the stock value in the stock market. To think that mathematics is not their forte, they seemed to be able to count everything to their advantage. Or is this modern maths? Malay ownership means what is mine is mine and what is yours is 30% mine. Using this bumi definition, the 2020 target of 30% ownership is unlikely to be reached till the end of time as any company that is big enough could be bought over and become GLCs. The non bumis will be left with all the small and medium companies. And they are not marginalised.

myth 72

'Singaporeans are great pretenders' ' Hey zebra, why are you wearing pyjamas?' The zebra was angry and said the remark was uncalled for. And as more zebras got agitated, they started to demand for an apology. But many, including Singaporeans will agree with the zebra that they are not wearing pyjamas. The issue is how many believe what they said openly and what they actually believe but not saying? How could one make out of people who would not blink their eyes and tell you that the zebra did not wear pyjamas? The statement that Singaporeans are great pretenders is unlikely to be a myth. Neither are they stupid. Many are just not saying what they really know and believe. It is more a case of no point saying it or the time is not ripe to say it. And for those who are cornered to say something, their response is obvious. The zebra is not wearing pyjamas. And they will swear in court to say the same thing, for pragmatic reasons.

deception is good for the soul

Deception is good for the soul. NUS is now ranked 19th among the great universities in the world by Times. Everyone is happy. NUS is now a great university. No body bothers to question the criteria that put NUS up there. Only those that find the criteria rather silly would dismiss the findings as another crap. And Newsweek came out with a different set of criteria and the ranking were all different. The accounts people were very good at juggling numbers and creative accounting to make a company looks good. Academics can be equally brilliant to set their own criteria to make themselves look good. I too can set up a set of criteria to make NUS Number One. As long as NUS is Number One, that is all people want to know. NUS can even be Number One in the Guinness Book of World Record or in Sotong's Book of World Best, doesn't matter. NUS is Number One. Now the reality. Even if today NUS is ranked Number One and Cambridge or Harvard are ranked 50th and 51st, where would students choose to study? Or would people care that there is a NUS that is ranked Number One?

myth 71

'Singapore is short of talents' How can that be? I think no where can one find so many talents congregated in a small piece of land. And the kinds of talents we have, all multi skill and multi talented, will put many foreign talents to shame. Our talents can be political leaders, ceos, singers, dancers, sports champions etc all rolled into one. And they all performed multi taskings wearing 10 or 20 hats. Whew! They probably work 25 hours a day.