3/28/2007
myth 125
The Asian Corrupt Culture
Asians are born with a hereditary condition called corruption. Corruption is in their psyche and the earlier we know and accept this condition the better.
The good thing about this is that the outbreak of this sickness can be delayed by money and more money.
The bad thing about this is that how much money will be enough is relative. So the disease will soon rear its ugly head and need more money to suppress it and keep it benign.
As long as there is periodic increase in money, be it $1 million or $10 million or $100 million, the sickness will be contained but will not go away. It is like syphillis.
payrise need more convincing?
The other day I saw Lim Swee Say in the news trying his very best to explain why pay rise for ministers is important and necessary. Somehow it just did not come through as convincing. You can see the doubt in the faces of the listeners.
Is it because he did not explain it well enough or the issue is simply too difficult for the people to accept? Or is it that the people just cannot accept it?
Whatever, the increase will be a reality comes 9 April. The govt has explained and that is what it is going to do. And it is done for the good of the people and country.
Can't imagine the consequences if all the ministers quits to join the private sector for more pay. Things can be worst if the payrise is not implemented.
poor buggers - indon quarry workers
1500 quarry workers in Karimun out of jobs and running out of money. There could be another few thousands in Batam and Bintang in the same state of despair. Thanks to their govt for looking after them so well.
Their govt is trying to get them a better deal, a better price for their granite and sand by demanding that buyers must pay the price they want. This is how they think business should be done, a seller's market.
They do not need to read economics to know that the price is determined by demand and supply and needs to be negotiate and not shaft down the buyer's throat.
For the time being the quarry workers can go hungry for all they care. Poor pawns in a big corruption game. Any price increase will not translate to any increase in their pay but go to someone else's pocket. The people deserve the govt they get.
3/27/2007
ERS/NSS and new citizens
We are now being given ERS/NSS shares as citizens.
Does anyone know whether there is a qualifying period for new citizens to be given these shares? Or if one becomes a citizen yesterday one will immediately be qualified for such shares?
The payout of ERS/NSS were from revenue made from funds accumulated and contributed by citizens in the past. New citizens or very new citizens, eg those who are less than a year, an arbitrary figure, do not contribute to the cumulative national reserves that generate this revenue and it is unfair that they be given these shares immediately.
(To newsgean: this is an issue that questions the right of new citizens to benefit from national reserves which they have not contributed to. It is like some countries that rule out citizens not by birth from holding top govt offices.)
A minister or a bank CEO?
A minister or a bank CEO?
What drives a man in his choice of a career or his mission in life? Which is more attractive between being a minister that pays him $1m and a bank CEO that pays him $7m?
In America, many big earners gave up lucrative jobs just to be in the govt. And they continue or go on to earn much more after their stints in the govt, not in the govt but in the private sector. Obviously the two jobs have different motivations and people consciously choose what to be according to their callings. Some even choose to earn barely enough when the calling is from God.
Are these jobs to be compare under the same set of factors? Should national leaders think that they are bankers and bankers think that they are national leaders? Are they one and the same?
Or should national leaders compare their income with sportsmen and artistes who earn millions by the hour?
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