1/30/2007

characteristics of SPUs

Characteristics of SPUs Sex - Neuter Sexual Preference to be programmed Brain - ST Brawn 128k Microprocessor Artistic Sensitivity - Zero Financial Computation - Elementary Emotion Index - Stable with 0 variation Intelligence level - Fully programmed to 128k capacity Critical Analysis - Not programmed. No requirement 55 year limited warranty Special Features Easily programmed to do manual and routine tasks. No delinquent problems. Highly reliable. Drawbacks Reprogamming needed for every change of task. Unable to do critical thinking tasks. No software.

myth 111

'Buyer be Where? Economy's growing, but retailers aren't seeing benefits. More cash - but it's not being spent 7.7% Economic Growth 4.4% up retail sales 2.8% up Domestic private consumption 1.97% up HDB flat prices The above were in the front page of Today paper yesterday. Lee Ching Wern wrote: 'When you have an economy charging ahead - it grew by 7.7% last year - you would expect cash registers to be ringing non stop as more people hit the shops. But the reality has left economists and retailers scratching their heads...' Now is this the truth or is it a myth?

The Mindless SPUs II

The Mindless SPUs When I posted the above article on CPF contributions the normal response I got back is that Singaporeans will squander all their hard earned money away if the govt does not lock it up for them. And when they have done that, who is going to look after them? Are Singaporeans so helpless, irresponsible, mindless, of unsound mind, to the verge of stupidity, that once they get their CPF money back they will splurge and throw their life time savings away? Who do you think created this properous country? Who raised all these young upstarts to think that their parents are old fools who cannot manage their own finances? It is very sad that Singaporeans have become such unthinking lot that they have turned themselves into nothing but Mindless Singaporean Production Units (SPU). They are trained so well to be a useful production unit in the economy but utterly helpless in looking after their own finances and old age. Does anyone know what they do with unserviceable or no longer useful production units? They will be carted away and dumped. Production units are only useful when they can produce goods and services. And now we have a nation of SPUs! Not exactly. The handful of elite will never consider themselves as SPUs. SPUs need to be managed, controlled, and programmed. That's where the elite comes in, to think, planned and managed these mindless SPUs for their own good.

1/29/2007

The Mindless SPUs

CPF compulsory savings We are compelled, alright compelled is too strong a word, so say legislated, to saving hundreds of thousands in our CPF. And we also know by now that this saving is a fleeting dream, like a dog chasing after its tail. No matter how much we saved, it is never enough. Never enough according to who? This morning, Alan Greene wrote an article in Today questioning the 2.5% interest rate being paid to CPF contributors. He made one strong point. CPF is a long term saving and should be paid a rate equivalent to long term deposit saving's rate. Not against the short term rate paid by banks. I just have one point to add. If our CPF money is being used for investments, then we should enjoy the profits proportionately. There should be a formula to compensate the members for their money held by legislation. It is the members' money. And they did not even ask the members for permission to use or invest this money. Our money should enjoy a reasonable return.

1/28/2007

what is poor?

Newsweek last week succinctly asked a question that is in the mind of many people: “The island's economy is booming. So why are so many citizens worse off than they were 10 years ago?” The cause is a rising level of poverty and a stagnating middle class income in the past five years – while costs have gone up – all of which had raised fears that crime would dramatically worsen. The above is posted in www.littlespeck.com by Seah Chiang Nee. What our economists need to do now is to redefine the poverty line in Singapore. What is poor in Singapore is technically rich in many countries. And this has misled many to think that the lower income group who has a household income of $2k or $3k are alright. In reality, many are in a worst dilemma than the poor of underdeveloped countries. Those poors only did not have enough to eat but could live off the land. The Singapore poors are all in debts, huge debts.