China's J10CE, the Rafale killer. The only modern fighter aircraft with real battle experience and real kills. 4 Rafales, 1 SU30, 1 MiG29 and an unknown aircraft.
11/12/2006
Talkingcock.com facing tough competition!
How to learn to love another people...the American way.
myth 92
Dreaming like an elite
Sunday morning fantasy. Allow me to day dream a little, to feel good that I am an elite. Hmmm, a $50k salary, and maybe 10 directorships. Wow! Bee tang. Can’t imagine the amount of money going into my bank accounts monthly. Each directorship may average $5k a month. More if the organization is big. Well, probably I will lose track of who is paying into my accounts or how many accounts I have. I may even forget to attend board meetings. Or often the meetings clash on the same day and either I miss one or attend one for a while, then pop into another for a cup of tea.
Now that is life. And got bonuses and increments annually some more. Well, they need to keep feeding me out of respect for my position or my talent, or my connections.
Now would I be weighed down by problems? Of course problems are aplenty. So I will need to prioritise them. Only deal with the major problems. Often I will feel very irritated by little whinings and complaints. Can’t they bring it somewhere else for others to solve them? I only take care of big problems and big issues. Haven’t they told them that a captain handles only captain’s problem while every problem going to the major becomes a major problem?
Now better to do a quick check on my bank accounts and bank balances. Should have enough to place a booking for St Regis.
While I am busy looking for another important investment, those leeches better buck up and straighten up their lives. And stop thinking of handouts. It is for their own good. Too many handouts will develop in them a crutch mentality. And soon the company will be bankrupted. Now that will be a real big problem. It will definitely affect my next increment and bonuses.
Isn’t that a nice Sunday morning fantasy?
11/11/2006
myth 91
‘$5000 household income is rich’
Is this really true? It should be. $5000 is a big sum of money. And a household income of $5000 must be middle class. Let’s look at the details. A family of 5, father, mother and three working children, father earns $1,600, mother $1,000, 3 children each earning $800.
After CPF and a $200 monthly transportation cost for each member, the disposable income left will be: father - $1080, mother - $600, each child - $440. Assuming each member needs $200 for his/her personal expenses eg taking lunch or dinner at workplace, the disposable income will be further reduced to: father $880, mother $400, and each child $240. For a family of 5, the household expenses will probably be $1500 plus $250 for utilities and conservancy fees, or a sum of $1750.
Now the combined balance available of the family, $880, $400 and 3 x $240 is $2000. This would mean that the family will have a balance of $250 to spare. Would this amount be adequate to pay for all the social obligations, more bills and a little eating out or entertainment? In reality, it is likely to be nothing left as there are many things that will eat up $250 a month easily.
Is a $5000 household income sufficient to qualify a family as being comfortable? No car or motor cycle definitely. Very likely the family will be living on a hand to mouth existence. That is how the cost of living in
A $5000 income is quite handsome if it is the income of 1 or 2 bread winners with a couple of young children. If the income is contributed by every working adult who needs to feed and cloth themselves, and also incurring expenses while working, a $5000 monthy family income is bearly enough to live on.