myth 120

No need for caps Napoleon and his friends were having a great time in the animal farm after seizing it from the farmer. They were having a great time feasting and frolicking from the new wealth they they had inherited. Life was good, really good. From the outside, the sheep, the cows and horses and all the chicken and fowls watched in amazement. 'Wow that's what the good life meant.' They were probably wondering why couldn't they too partake in the frolicking and share the good time. One sheep ventured to ask. 'Why no caps?' 'No caps for us, caps only for sheep.' Came the reply. And the sheep nodded and walked away sheepishly.

best 2006 quote

"You know the world is going crazy when the best rapper is a white guy, the best golfer is a black guy,the tallest guy in the NBA is Chinese, the Swiss hold the America's Cup, France is accusing the U.S. of arrogance, Germany doesn't want to go to war, and the three most powerful men in America are named Bush, Dick, and Colon. - Comedian Chris Rock

more attractive estate duty laws needed

With the economy doing so well, with so many millionaires being made, with so many wealthy foreigners being lured to our shores, hopefully to become citizens, our estate duty laws are out of date. Currently the $9 million for one property and $600,000 cash that are exempted from estate duties are too low. A more reasonable and realistic number should be $20 million worth of properties, not limited to only one property, and $10 million worth of cash, would make citizenship or dying here more attractive.

quality does not come cheap

Letter from Lee kiao Hoong in Today paper '....My wife gave birth to twins at the SGH recently. They were born premature - at six months gestation - and thus admitted to the NICU. After a two and a half month stay in a B2 ward, the hospital bill for my elder daughter came up to a whopping $29,000, after government subsidies. As a result, the Medisave accounts that both my wife and I had built up over 10 years were wiped out overnight.... I also hope this serves as a reminder to couples who are planning to have a baby. The simple act of having your very own child could possibly turn out to be one huge financial nightmare.' World class facilities matched with world class bills. That must be expected. Nothing is for free. There is a price to everything.

happy opt in

MP Seah Kian Peng suggested that those who earned $100k or more should be opt in to donate the $100 they are receiving from the GST rebate the govt is giving out. I supported this definitely. I agree with Seah Kian Peng that they are so happily rich that $100 really mean nothing to them but a lot to those who need them. And I am very sure that those being opted in will be more than happy to do so. This is a happy opt in, though it violated their right from having the choice to opt in/out. What the heck? Can we just opt people into anything just because it is insignificant to them or useful to others?