11/17/2006

Leong Sze Hian, what is your problem?

Leong Sze Hian, what is your problem? I refer to the article 'HDB rents to be phased in over two tenancy renewals' (ST, Nov 13). It states that 'existing tenants will be given three months' notice of their new rent before their current tenancy is up'. According to HDB's press release 'More help for those who need rental flats', from 1st March 2007, one-room tenants who rented HDB flats before 1st October 2003, with household income from $801 to $1,500 will pay 30 per cent of market rent, instead of the current 10 per cent, at the second renewal. Tenancy renewals are on a two-year term tenancy. This is a three-fold increase, from the current $26 - $33 to about $78 - $99. For two-room tenants who started renting after 1st October 2003, with household income from $1,501 to $2,000, their rental will increase from the current 30 per cent of market rent to 50 per cent, from the first renewal. This is an increase of 67 per cent, from $123-$165 to $205- $276. From 13th November 2006, new $800 and below household tenants who have previously sold one subsidised flat in the open market (i.e. second-time households), will be charged 30 per cent of market rent, instead of 10 per cent, an increase of 200 per cent. For $801-$1,500 households, they will pay 30 per cent and 50 per cent of market rent for first-timers and second-timers respectively. Obviously Leong Sze Hian did not read the reasons given by Mah Bow Tan to adjust the rentals for these flats. Two reasons actually. The first is that the tenant of subsidised rental flats must not be allowed to abuse the system. And when their salary increases, they should pay more. Secondly, by making them to pay more, it is for their own good. This is a way to nudge them into becoming flat owners instead if renting flats. Now the problem is that this increase plus the increase in GST will be going to be a big hit to these lower income earners.

youth reporting

I was enthralled by the quality of the student reporters on TV. Occasionally we could see the news broadcast divided into two sections, the adult news presentation and the young student news presentation. And they were good, equally objective and factual and professional in their news and presentation. And these school children have all the latest gear, and have been trained under professionals from the media industry. Some even went on overseas stint to experience what on the spot reporting is all about. I have seen them reporting from Beijing. Now this is the most revolutionary trend in Singapore. The essence and freshness of youth. And Media Corp should be given an award for being the Most Forwarding Looking Media Organisation. This children reporting is not kid stuff. It can be for real! After all, reporting in Singapore is factual presentation of news and events. And these kids would just do that in its purest forms. No need to waste expensive resources to send brilliant scholars overseas to expensive and ivy league universities, and to pay them the salary they should be commanding if they can be replaced by young children. Why not, if reporting is just plain reporting. No need much analysis. Or analysis not required. Media Corp would have a huge saving in wage cost as children would not need to be paid that well. And quite easily to manage compare to oldies. And they have all the energy to run around gathering news. What an interesting development.

Call for Unconventional NMPs in Parliament

Call for Unconventional NMPs in Parliament I am still yawning and musing over the excitement that this call will bring. And as usual, there is no lack of support and enthusiasm from all quarters. We need a more colourful Parliament to hear voices from all corners of the population. It sounds like a good idea. Now I have heard of suggestions that the disabled needs to be represented, preferably by a disabled person, a blind or mobility impaired person will be ideal. The athletes too need to be represented. A string of footballers' names came to my mind. And the grey population must be represented. Oh oh, are we going to reverse the trend and bring the old hags into Parliament again? But my creative juices are running, and I would like more unconventional NMPs to come from the people they represent. We need one 18 year old to represent the young, a bak kut teh hawker to represent the foodcourt. A meesiam seller will do if can't find the other. Taxi drivers need to be represented, and bus drivers too. What about the housewives? They missed out during the last progress package. And the beggars in the street corners surely need to be represented. There is a beggarchief in YPAP forum that could fit the role. And the buskers. Now for a little change. Parliament needs to be renovated. Maybe even relocated to the National Stadium. But some more urgent things would be to make Parliament friendly to the handicaps. Braille sets must be available, passages for wheelchairs. And yes, the beautiful metal studs that lined MRT stations must be fitted in Parliament. We can invite Gus Dur to try them first. We will then have a great Parliament that truly represents the people from all walks of life. Or create a Senate and they be all addressed as Senators. Is there any merit to such a call? Is Parliament missing something that such a call will come at this time? Why did all these different groups feel that they need to be represented by their own kind? Ok I am now fully awake. Nice musing, but hopefully Parliament is not transformed into a circus or HDB void deck.

11/16/2006

steve job said

"Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma - which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary." Steve Job

fund expenses from income, not taxes

My challenge to the govt is to cap the tax rates at the current level, stop all the formula of profit first on essential services and finance its growing expenses from investment income. We have more than a hundred billions in GIC and Temasek each. And it was claimed that GIC's profit is 8% while Temasek is 18%. These combined will give $26 billion annually. If they can grow on these two mammoth organisations they will not have to raise taxes continuously on the people. GST and raising wages will only erode our competitive edge in a globalised economy. There is no magic formula that you can raise wages and GST and think we can compete with the world. Our shopper's paradise will be overtaken in no time. Our workforce will go the American and European way. We will price ourselves out of the market. We have to grow out of the rich kid mentality. Working, earn a salary and still dipping into the parents' pocket. The rich kid must grow up and earns his keep and if he wants to spend more, he just have to earn more. Not stretching out his hand to ask from the parents.